Business news

Sensex, Nifty trade at all-time high, Bharti Airtel and SBI top gainers

In early trade, Sensex and Nifty made a new all-time high of 84,862 and 25,911 respectively.

Sep 23, 2024

Vodafone Idea Seals $3.6B Deal to Boost Indian Presence

Vodafone Idea has finalized a deal worth $3.6 billion with global partners Nokia, Ericsson, and Samsung. The deal, which was announced on September 22, is aimed at supplying network equipment over a span of three years, thereby strengthening Vodafone Idea's footprint in the country.

Sep 22, 2024

Market outlook: Futures and options expiry, FII data and global cues key factors next week

The stock market witnessed a sharp rally last week driven by the US Fed Reserve's rate cut. Next week's market outlook depends upon several factors like foreign institutional investors (FIIs) activities, futures and options (F&O) monthly expiry, crude oil prices and global macroeconomic data.

Sep 22, 2024

September set to be busiest month for IPOs in 14 years: RBI

RBI Forecasts Record-Breaking IPO Activity in September

As Indian stock markets remain resilient amid global challenges, September is set to be the busiest month for initial public offerings (IPOs) in 14 years, with over 28 companies entering the market so far, according to the Reserve Bank of India (RBI).

Sep 21, 2024

Oyo's $525M Acquisition: A New Chapter in Global Hospitality

Boosting its international presence, Indian hospitality major Oyo's parent company Oravel Stays is acquiring Motel 6 and Studio 6 chain with about 1,500 facilities across the US and Canada from the investment company Blackstone in a $525 million cash deal, the US firm said on Friday.

Sep 21, 2024