Business news

India gold reserves up 60 pc with 102 tonnes in April-Sept period: RBI data

As gold prices continue to surge amid geo-political tensions, the Reserve Bank of India (RBI) had 854.73 metric tonnes of gold as of September 30 and out of which, 510.46 metric tonnes were held domestically.

Oct 30, 2024

Sensex trades lower amid weak global cues

Sensex opens in red, down 311 points; Selling seen in PSU bank, pharma sectors

Sensex was trading at 80,057.15 after falling 311.88 points or 0.39 per cent. At the same time. Nifty was trading at 24,372.75 after falling 94.10 points or 0.38 per cent.

Oct 30, 2024

How to Get the Best Myntra Deals with Credit Cards

With the Myntra Kotak Credit Card, you can get instant discounts and several other benefits.

Oct 29, 2024

Optiemus begins telecom equipment manufacturing with Tejas Networks

Broadband sector to drive telecom industry growth, create new jobs: Report

The rising demand for high-speed internet and data-driven services will boost growth in the broadband market, which is expected to witness a 9-10 per cent Compound Annual Growth Rate (CAGR) over the next few years.

Oct 29, 2024

Sensex climbs 240 points, Nifty up 72 points in early trade

Sensex rises on 2nd consecutive day, SBI and ICICI Bank top gainers

India's equity market closed in the green on Tuesday as heavyweights like ICICI Bank and SBI led the gains.

Oct 29, 2024

India sees all-time high deal numbers in real estate sector in July-Sep

Indian real estate sector raises Rs 13,500 crore via IPOs in 2024 to date

The real estate sector in India raised nearly Rs 13,500 crore via initial public offerings (IPOs) from the markets this year to date, almost double the amount raised in 2023, according to a report on Tuesday.

Oct 29, 2024

Ola Electric's share nosedives further, analysts warn investors to remain cautious IANS IANS

Ola Electric shares hit all-time low; dip below IPO price

EV two-wheeler company Ola Electric shares were trading in the deep red on Tuesday as the stock slipped below the issue price of Rs 76 for the first time in its listing history.

Oct 29, 2024

India outpaces US in IPO listing with 36 pc global share in July-Sep period

India outpaces US in IPO listing with 36% global share in July-Sep period

India dominated the global IPO landscape with 36 per cent share of total listings in the third quarter of 2024, outpacing the US at 13 per cent share, a report showed on Tuesday.

Oct 29, 2024

Sensex Dips, Nifty Bank Rises: Indian market opens on mixed note

The Sensex was trading at 79,660.76, a drop of 344.28 points or 0.43 per cent, while the Nifty was trading at 24,257.70, after falling 81.45 points or 0.03 per cent in the opening trade.

Oct 29, 2024

Adani Enterprises to launch maiden Rs 800 crore retail bond issue on September 4

Kenya High Court Suspends Adani-KETRACO $736M Energy Deal

The Law Society of Kenya argued that the agreement between KETRACO and Adani Energy lacked transparency and meaningful public input, requirements seen as crucial for projects involving foreign investors.

Oct 29, 2024

Sensex closes flat, ICICI Bank and Bajaj Finserv top gainers

Sensex snaps five-day losing streak, Nifty closes above 24,300

Indian stock markets experienced a significant rebound in Monday's market, with the Sensex surging by 602 points, closing at 80,005, and the Nifty climbing 158 points to settle at 24,339. The benchmark indices recorded the best session in one month.

Oct 28, 2024

Ambuja Cements clocks highest quarterly revenue of Rs 7,516 crore in Q2

Ambuja Cements, the cement and building material company of the diversified Adani Group, on Monday, reported the highest quarterly revenue of Rs 7,516 crore in Q2 FY25, up 1 per cent (year-on-year).

Oct 28, 2024

Green Diwali at stock market: Sensex jumps 848 pts, all sectors in green

Indian equity indices traded in the green on Monday in mid-session as buying was seen in heavyweights like ICICI Bank, M&M, IndusInd Bank, JSW Steel and Wipro, lifting the sentiment of the market after a five-day losing streak.

Oct 28, 2024

Fintech Slice Merges with NESFB in Landmark Banking Move

Fintech firm slice and North East Small Finance Bank (NESFB) have successfully completed their merger. This merger, which took place on October 27, 2024, is the first instance of a new-age fintech company merging with a licensed bank.

Oct 28, 2024

Vegetable prices sky-high in Bengal's retail markets ahead of Diwali

Vegetable prices in the retail markets of West Bengal, especially those in the state capital of Kolkata, have skyrocketed on the last Sunday before the festivities of Kali Puja and Diwali next week.

Oct 27, 2024