Business news

Second Neuralink chip recipient progressing well: Elon Musk

Elon Musk becomes 1st person to touch 200 million followers on X

Tech billionaire Elon Musk on Thursday became the first person to reach 200 million followers on X social media platform, which he acquired in October 2022 for a whopping $44 billion.

Oct 3, 2024

Middle East Conflict Triggers Rs 10 Lakh Crore Investor Loss

The escalating conflict in the Middle East has dealt a significant financial blow to investors, with a staggering Rs 10 lakh crore loss recorded on October 3, 2024. India's equity indices, the Sensex and the Nifty, plummeted, with the former falling by 1,769 points, or 2.10 per cent, to 82,497, and the latter dropping 546 points, or 2.12 per cent, to 25,250.

Oct 3, 2024

Sensex trades lower, 589 points down amid escalating Middle East Conflict

At 9.38 a.m., Sensex was down 589 points or 0.69 per cent at 83,686 and Nifty was down 174 points or 0.68 per cent at 25,622.

Oct 3, 2024

India IPO boom: 15 companies submit draft documents in just 1 day

As Indian stock markets continue to show robust growth despite global uncertainties, a record 15 companies registered their initial public offering (IPO) documents with the Securities and Exchange Board of India (SEBI) on the last day of September.

Oct 2, 2024

SEBI announces new measures to curb F&O trading, strengthen equity markets

SEBI Introduces New Measures to Reinforce Equity Markets

The Securities and Exchange Board of India (SEBI) has announced a series of new measures for the futures and options (F&O) segment. This decision is a response to a concerning trend where nine out of ten participants have consistently lost money over the past three years.

Oct 2, 2024

Revised transaction fee on stock exchanges, TDS rates come into effect

Indian Stock Exchanges Revise Transaction Fees and TDS Rates [Details Here]

The Indian stock exchanges, specifically the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), have announced a significant revision in their transaction fees for cash and futures and options trading.

Oct 1, 2024

Sensex closes up by 236 pts, NTPC and Kotak Mahindra Bank top gainers

Sensex, Nifty open positive, trade higher amid positive global cues

At 9:39 a.m., Sensex was at 84,461, up 161 points or 0.19 per cent and Nifty was at 25,858, up 47 points or 0.18 per cent.

Oct 1, 2024

Sensex trades lower at 551 pts down as negative global cues loom larger

At 9:40 a.m. Sensex was down 551 points or 0.64 per cent at 85,019 and Nifty was down 163 points or 0.63 per cent at 26,015.

Sep 30, 2024

IPO market buzz continues next week with 3 new public issues

India's primary market continues to boom, with three SME IPOs set to launch next week from September 30, and the market will see several main board IPO listings like KRN Heat Exchanges, which received massive subscriptions of over 200 times.

Sep 29, 2024

Bull run hopes high amid expectations of under-performing stocks leading next

At close on Friday, Sensex was down 264 points or 0.31 per cent at 85,571 and Nifty was down 37 points or 0.14 per cent at 26,178.

Sep 28, 2024

Mrigaank Mishra: Building a Global Business Empire at 25

Mrigaank Mishra continues to focus on expansion, always seeking out new opportunities for growth. His entrepreneurial mindset, combined with his global exposure and personal passions, makes him a standout figure in today's business world

Sep 27, 2024

Sensex, Nifty close at all-time high, led by metal and auto shares

Sensex trades 94 pts up, near all-time high; Infosys and Wipro top gainers

At 9:49 a.m., Sensex was up 94 points or 0.11 per cent at 85,930 and Nifty was up 46 points or 0.18 per cent at 26,262.

Sep 27, 2024

Swiggy files DRHP with SEBI; gears up for blockbuster IPO

Swiggy has filed its first DRHP with SEBI, preparing for an IPO. The filing indicates a fresh issue component of Rs 3,750 crore and an offer for sale of 18.53 crore shares.

Sep 26, 2024

Housing sales stabilise in top Indian cities, festive quarter to see uptick in demand

Housing Sales Steady Across Major Indian Cities, Festive Season Expected to Boost Demand

After a two-year bull run, residential real estate activity across top cities stabilised in the third quarter (July-September) this year, reaching more that 1.07 lakh units, a report showed on Thursday, adding that the lull was due to monsoon and perceived inauspiciousness (the 'shraad' period).

Sep 26, 2024