Business news

Infosys stock falls as company disputes Rs 32,000 crore GST notice

IT major Infosys posts 4.7 pc increase in Q2 net profit at Rs 6,506 crore

IT major Infosys on Thursday reported a 4.7 per cent increase in net profit (year-on-year) in the July-September period (Q2 FY25) to Rs 6,506 crore from Rs 6,212 crore in the year-ago quarter.

Oct 17, 2024

India's readymade garment exports surge despite global headwinds: AEPC

India's readymade garment exports surge despite inflationary pressure: AEPC

India's readymade garment (RMG) exports recorded high growth of 17.3 per cent despite global headwinds and continued inflationary pressure, the Apparel Export Promotion Council (AEPC).

Oct 17, 2024

India poised to lead emerging markets, cement its position in global economy by 2035: S&P Global

India set to become 3rd largest by 2030, likely dominate emerging markets by 2035: S&P report

S&P Global predicts India to be the fastest-growing major economy and the third-largest globally by 2030. India's entry into JP Morgan's Government Emerging Market Bond Index is expected to unlock significant domestic capital market resources.

Oct 17, 2024

Stock markets open in green but slip into red soon; Sensex down 281 points

The Sensex began trading at 81,707.38 after rising 206.02 points or 0.25 per cent in early trade but lost 281 points soon reaching 81,219.47 points as of 10:45 a.m.

Oct 17, 2024

Ahead of Diwali, Centre announces 3 per cent hike in DA for employees

Central Government Announces 3% DA Hike Ahead of Diwali; One Crore Employees, Pensioners to Benefit

The Union Cabinet, led by Prime Minister Narendra Modi has approved a 3 per cent increase in dearness allowance (DA) and dearness relief (DR) for Central government employees and pensioners.

Oct 16, 2024

Sensex plunges 318 pts, Infosys and JSW Steel top losers

The Indian benchmark indices closed in the red on Wednesday as auto, IT, and PSU banks remained under pressure.

Oct 16, 2024

Sensex closes 151 points down, Reliance and Tata Motors top losers

Sensex down 209 points, Nestle and Infosys among top losers

NSE Nifty was trading at 24,999.45 after slipping 57.90 points or 0.23 per cent.

Oct 16, 2024

IPO market buzz continues next week with 3 new public issues

Indian markets end in red, auto and IT stocks under pressure

The Indian benchmark indices closed in the red on Tuesday, as auto, IT, and PSU banks remained under pressure.

Oct 15, 2024

spicejet q2 results share price gains revenue profit india good bad dgca domestic air traffic worst civil aviation fastest capa plf otp rivals indigo

Embattled SpiceJet settles $23.39 mn dispute amid fresh insolvency case

Embattled airline SpiceJet on Tuesday said it has settled a $23.39 million dispute with Aircastle (Ireland) Designated Activity Company and Wilmington Trust SP Services (Dublin) Ltd for an aggregate sum of $5 million, as it faces a new insolvency case amid some still remain unresolved.

Oct 15, 2024

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

India Sees Record Sale of 2.25 Lakh Housing Units in Jan-Sep, Equity Investments on the Rise

The Indian housing market saw over 225,000 units being sold during the first nine months of the year, demonstrating strong performance in absolute terms.

Oct 15, 2024

Sensex, Nifty open in green, Sensex trades above 82K, Nifty 25K+

NSE Nifty was trading at 25,189.25 after gaining 61.30 points or 0.24 per cent. The market trend remained positive. On the NSE, 1,323 stocks were trading well, while 721 stocks were in the red.

Oct 15, 2024

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

Sensex jumps up 591 points, realty and banking stocks shine

The Indian benchmark indices closed in green on Monday with a strong start for the week, as buying was seen in realty, banking, and IT stocks.

Oct 14, 2024

Sensex trades higher before RBI MPC outcome

Stock markets open positive, Sensex gains 300 points; 981 NSE stocks trading in green

On the National Stock Exchange (NSE), 981 stocks were trading in the green, while 401 stocks were trading in the red.

Oct 14, 2024

Seven companies marketcap decreases by over Rs 1 lakh crore

Total market capitalisation of seven out of 10 companies has reduced by Rs 1,22,107 crore in the last week, with TCS and RIL losing the most.

Oct 13, 2024

USISPF's 'India Leadership Summit 2024' to deepen economic, tech ties

In a bid to enhance bilateral trade, supply chains, semiconductor investment, AI and next-gen technologies, the US-India Strategic Partnership Forum (USISPF) is set to host its annual 'India Leadership Summit 2024' in the national capital on Monday (October 14).

Oct 13, 2024

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Business news

IT major Infosys posts 4.7 pc increase in Q2 net profit at Rs 6,506 crore

India's readymade garment exports surge despite inflationary pressure: AEPC

India set to become 3rd largest by 2030, likely dominate emerging markets by 2035: S&P report

Stock markets open in green but slip into red soon; Sensex down 281 points

Central Government Announces 3% DA Hike Ahead of Diwali; One Crore Employees, Pensioners to Benefit

Sensex plunges 318 pts, Infosys and JSW Steel top losers

Sensex down 209 points, Nestle and Infosys among top losers

Indian markets end in red, auto and IT stocks under pressure

Embattled SpiceJet settles $23.39 mn dispute amid fresh insolvency case

India Sees Record Sale of 2.25 Lakh Housing Units in Jan-Sep, Equity Investments on the Rise

Sensex, Nifty open in green, Sensex trades above 82K, Nifty 25K+

Sensex jumps up 591 points, realty and banking stocks shine

Stock markets open positive, Sensex gains 300 points; 981 NSE stocks trading in green

Seven companies marketcap decreases by over Rs 1 lakh crore

USISPF's 'India Leadership Summit 2024' to deepen economic, tech ties

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]