Business news

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

Adani Group stocks surge, add Rs 54,381 cr in market cap

The share price of all the companies in the Adani Group surged on Wednesday, adding Rs 54,381.06 crore worth of wealth to the investors' kitty.

Nov 7, 2024

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

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

The Indian stock market opened in red on Thursday as heavy selling was seen in metal, auto, financial service, pharma, FMCG, energy, private bank and infrastructure sectors in early trade.

Nov 7, 2024

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

Indian stock market agrees with Trump win, Sensex surges 901 points

The Indian benchmark indices on Wednesday welcomed Donald Trump's convincing victory in the US presidential elections as both Sensex and Nifty gained more than 1 per cent amid heavy buying in the IT sector.

Nov 6, 2024

US Election: Trump clinches win in three swing states

Bitcoin expected to hit $80,000 as crypto fan Trump edges closer to victory

As Donald Trump edged closer to victory in the US presidential election, Bitcoin surged to a record high of $75,060, fuelling investors' excitement in the cryptocurrency sector.

Nov 6, 2024

Make Google a 'trusted source' in US election: Sundar Pichai to employees

Make Google a 'trusted source of information' in US election: Sundar Pichai to employees

Sundar Pichai stressed to employees that Google's products must be a trusted info source for all, amid White House vote counting.

Nov 6, 2024

Chip giant Nvidia to design new AI chips every year: CEO

Nvidia surpasses Apple to become world's largest company in AI era

Graphics chip giant Nvidia has become the world's largest company by market capitalisation, surpassing Apple, in the artificial intelligence (AI) era.

Nov 6, 2024

$1.5 billion Apple-Globalstar deal to transform direct to device satellite game

The $1.5 billion Apple-Globalstar deal packs a competitive punch for virtually all corners of the connectivity market ecosystem, from carriers to original equipment manufacturers (OEMs).

Nov 6, 2024

Ola Electric's share hits all-time low of Rs 74 ahead of Q2 results

Bhavish Aggarwal-run Ola Electric Mobility saw its share nosedive further to a fresh low of Rs 74.18 apiece on Tuesday after touching Rs 73.84 during the intra-day trading -- losing almost 8.5 per cent in a day.

Nov 5, 2024

Swiggy's high valuation, ongoing losses raise concerns about long-term sustainability: Angel One

Swiggy's Rs 11,327 crore initial public offering (IPO) faces several risks and challenges that potential investors should consider, leading online brokerage Angel One has said, adding that the company's high valuation, coupled with its ongoing losses, raises concerns about its long-term sustainability.

Nov 5, 2024

Sensex snaps 3-day losing streak on rebound in FMCG and Pvt Bank shares

Sensex gains 694 points ahead of US election

The Indian stock market closed in green on Tuesday as investors set their eyes on the closely contested US presidential election.

Nov 5, 2024

Concentrated revenue, dependence on govt-owned infra key risk for ACME Solar: Brokerage

ACME Solar IPO: Concentrated revenue, dependence on govt-owned infra among key risks

Concentrated revenue risk, dependence on government-owned transmission grids and infrastructure, and growth relying on winning highly competitive project bids are key risks for ACME Solar Holdings IPO.

Nov 5, 2024

Xiaomi India President Muralikrishnan moves on, COO Mathur to guide key functions

Xiaomi India president Muralikrishnan steps Down; will continue as independent Strategic Advisor

Xiaomi India's President, Muralikrishnan B, is stepping down at the end of the year to pursue academic research. Muralikrishnan's tenure saw Xiaomi India achieve exceptional success, becoming a key player in the tech landscape.

Nov 5, 2024

India's wedding season biz expected to surge 41 pc to Rs 6 lakh crore: CAIT

The upcoming wedding season in India which will extend from November 12 till December 16 is likely to generate business worth nearly Rs 6 lakh crore from 48 lakh weddings which constitutes a 41 per cent increase over the corresponding figure of Rs 4.25 lakh crore recorded for 35 lakh weddings last year, according to a study carried out by the Confederation of All India Traders (CAIT).

Nov 5, 2024

India's home textiles industry to see 6-8 pc growth this fiscal

India's home textile industry is set to witness 6-8 per cent growth this fiscal, riding on resilient demand from the US and expansion in the domestic market, according to a report on Tuesday.

Nov 5, 2024

fake notes, rs 2000 notes, fake indian currency

Over 98% Rs 2000 banknotes returned; Rs 6,970 crore worth notes still in circulation: RBI

The withdrawal of Rs 2000 banknotes was announced on May 19, 2023, but they remain legal tender. The Reserve Bank of India (RBI) reports over 98% return of Rs 2000 banknotes in circulation.

Nov 4, 2024

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Business news

Adani Group stocks surge, add Rs 54,381 cr in market cap

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

Indian stock market agrees with Trump win, Sensex surges 901 points

Bitcoin expected to hit $80,000 as crypto fan Trump edges closer to victory

Make Google a 'trusted source of information' in US election: Sundar Pichai to employees

Nvidia surpasses Apple to become world's largest company in AI era

$1.5 billion Apple-Globalstar deal to transform direct to device satellite game

Ola Electric's share hits all-time low of Rs 74 ahead of Q2 results

Swiggy's high valuation, ongoing losses raise concerns about long-term sustainability: Angel One

Sensex gains 694 points ahead of US election

ACME Solar IPO: Concentrated revenue, dependence on govt-owned infra among key risks

Xiaomi India president Muralikrishnan steps Down; will continue as independent Strategic Advisor

India's wedding season biz expected to surge 41 pc to Rs 6 lakh crore: CAIT

India's home textiles industry to see 6-8 pc growth this fiscal

Over 98% Rs 2000 banknotes returned; Rs 6,970 crore worth notes still in circulation: RBI

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]