Business news

Indian stock market turns topsy-turvy amid fresh Russia-Ukraine tension

The Indian stock market, which saw a super rally on Tuesday, lost the steam towards the end amid heavy profit-booking, as fresh tensions between Ukraine and Russia came to light.

Nov 19, 2024

Direct tax collections poised to surpass budget target for 2024-25

The Income Tax Department expects to surpass the direct tax collection target of Rs 22.07 lakh crore fixed in the Union Budget for the current financial year, according to Central Board of Direct Taxes (CBDT) chairman Ravi Agarwal.

Nov 19, 2024

The Rock, the largest white diamond ever to appear at auction.

Centre to soon release framework for consumer protection in diamond industry

The government on Tuesday said it will soon release a robust framework to ensure transparency, accountability and consumer protection across the diamond industry.

Nov 19, 2024

Investors lose Rs 38,000 crore as Ola Electric's stock continues to slide

Investors lose Rs 38,000 crore as Ola Electric's stock dovetails unabated

As the shares of Bhavish Aggarwal-led Ola Electric continue to slide, a massive Rs 38,000 crore worth of investors' money has been eroded in the company's stock in just a couple of months.

Nov 19, 2024

Satya S Tripathi joins cleantech firm Attero's Board of Directors

Satya S Tripathi joins E-waste recycler Attero's Board of Directors

E-waste recycler and world's best lithium-ion battery recycling company Attero on Tuesday said that Satya S Tripathi has joined as an Independent Member of its Board of Directors.

Nov 19, 2024

Swiggy losing lead in market: MOFSL Report; Assigns 'Neutral' rating

Despite being an innovator and a category inventor across both food delivery and quick commerce, Swiggy has let its leadership slip away, Motilal Oswal Financial Services Ltd (MOFSL) said on Tuesday, as it initiated coverage with a 'Neutral' rating on the stock.

Nov 19, 2024

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

Sensex surges 852 points in morning trade, media and realty stocks shine

At around 10:40 am, Sensex was trading 852 points above or 1.10 per cent up at 78,191.73 points while Nifty was 241 points or 1.03 percent up at 23,695.70 points or 1.03 per cent above yesterday's closure.

Nov 19, 2024

Sensex and Nifty down 1 pc in early trade amid heavy selling

Indian share market closes in red, Nifty reaches below 23,500-mark

The Indian stock market closed in red on Monday as heavy selling was seen in IT, pharma and media sectors on Nifty.

Nov 18, 2024

India insulated among emerging markets to Trump's proposed tariffs: CLSA's Alexander Redman

Trump's Tariffs: India insulated among emerging markets, says CLSA's Alexander Redman

Among the emerging markets (EMs), India has the "least sensitivity" to US President-elect Donald Trump's proposed tariffs and higher interest rates, global brokerage CLSA's chief equity strategist Alexander Redman

Nov 18, 2024

Ola Electric users continue to cry amid poor service, software glitches nationwide

Ola Electric users's woes continue unabated as software glitches grip vehicles

As the government ordered a detailed probe into Bhavish Aggarwal-led Ola Electric over its consumer complaint redressal practices, there is no respite for several of its customers, who on Monday detailed their ordeal with its electric two-wheelers.

Nov 18, 2024

Sensex falls 885 points, investors lose over Rs 4 lakh crore

Indian Stock Market: Sensex, Nifty open in red, IT stocks suffer

The Indian stock market opened in red on Monday as selling was seen in IT, PSU bank and pharma sectors.

Nov 18, 2024

India clocks 12 pc rise in deal volume in Jan-Oct, China sees 23 pc decline

India saw 11.9 per cent increase in deal volume (year-on-year) in the January-October period, bucking the overall trend in the Asia-Pacific region, a new report has said.

Nov 17, 2024

Middleton Active Shooter: Police Respond To Active Shooter Reports At Wisconsin Office Building

Prime office rents in Delhi-NCR, Mumbai, Bengaluru to remain stable for 12 months: Report

The prime office rents in Delhi-NCR, Mumbai and Bengaluru remained stable in the July-September period, while Mumbai and Bengaluru saw year-over-year (YoY) increases of 5 per cent and 3 per cent, respectively, driven by strong occupier demand and limited new supply, according to a report on Saturday.

Nov 16, 2024

Sensex sheds over 900 points, all eyes on US election and Fed data

Sensex, Nifty Decline 10%: Correction Phase Grips Market as FIIs Exit

The weakness in Q2 FY25 results and sustained outflow of foreign funds weighed on the sentiment, causing the market to remain in the correction terrain.

Nov 16, 2024

LIC's entry into health insurance to significantly boost its market share

The Life Insurance Corporation of India (LIC) is expected to enter the health insurance industry in 2025 by acquiring a stake in a standalone health insurance entity, that could significantly boost the market share of country's largest insurer

Nov 15, 2024