Business

Stock indexes are closing higher Wednesday after the Federal Reserve said it expects its key interest rate to remain near zero through 2023.

The indices on Wednesday, March 17, are expected to give a flat opening as the SGX Nifty was trading at 23.50 points or 0.16 percent higher at 14,995.50 at 7:31 am.

Edsel B. Ford II is retiring from the board of Ford Motor and will be replaced by another member of the Ford family.

According to a report, with digital banking becoming more integral, PSU banks are hiring specialists for mid & junior level roles from IT companies & private lenders.

Buffett estimates that the shares he has given to charity over the years were worth more than $37 billion total at the time they were given away.

As Finance Minister Nirmala Sitharaman announced a budget that is being seen as growth-oriented and balanced, Dalal Street gave a big thumbs up.

Retail 4.0 will result in a significant rise in the size of the domestic market, job creation, and exports, said the report.

The main purpose behind the IPO is to use the proceedings to achieve share listing benefits and to sell equity shares aggregating up to Rs 510 crore.

The 30-share Sensex was trading at 50,679.19, showing a rise of 273.87 points or 0.54 percent.

An American Airlines Boeing 737 Max made an emergency landing Friday afternoon in Newark, New Jersey, after pilots noticed a possible problem with an engine oil pressure indicator.

Warehouse retail chain Costco Wholesale said its fourthquarter profits rose slightly from a year ago, its profits weighed by wage premiums paid to employees during the pandemic.

In a statement Thursday, a UK government spokesman said the Serum Institute is one part of our supply chain for the AstraZeneca vaccine, which also includes facilities in Britain and Europe.

The open letter by the two groups, which represent nearly 10 lakh distributors, stockists and suppliers of FMCG goods, alleges more than 6,000 small vendors and suppliers had Rs 6,000 crore worth of dues pending with the Future Group since March 2020.

The allotment status can be checked by the investors who have subscribed for the IPO by visiting the official website of BSE and Bigshare Services, the registrar to the issue.

The demand is likely to shoot up by 10 % from the current year.

Flipkart has already expanded online grocery sales to more than 50 Indian cities and intends to reach over 70 locations in the next six months