Business news

Sensex trades flat on negative global cues

At 9:45 a.m., Sensex was up 20 points at 78,694 and Nifty was up 9 points at 23,877. Midcap and smallcap stocks are outperforming compared to largecaps.

Jun 27, 2024

5G data consumption 4 times faster than 4G in India

5G subscriptions to reach 840 million in India by 2029 end: Report

5G subscriptions are projected to reach around 840 million in India by the end of 2029, accounting for 65 per cent of mobile subscriptions in the region, a new report showed on Wednesday.

Jun 26, 2024

Key investors move NCLT against Byju's rights issue, firm says yet to get any petition

Byju's Cleared of Financial Fraud But Governance Lapses Found

In a significant development, the Indian government has concluded a year-long investigation into the financial operations of Byju's, the embattled edtech firm. The probe, led by the Ministry of Corporate Affairs (MCA), found no evidence of financial fraud or manipulation of accounts.

Jun 26, 2024

After reaching peak, Sensex opens flat amid selling in midcap stocks

At 9:42 a.m., Sensex was up 49 points or 0.06 per cent, at 78,103 and Nifty was down 11 points or 0.05 per cent, at 23,709.

Jun 26, 2024

Sensex jumps more than 1,000 points on impressive GDP numbers (Ld)

Indian stock market at all-time high, bank stocks lead sharp rally

Driven by the financial sector, the Indian stock market saw a sharp rally to close at an all-time high on Tuesday, with the Bank Nifty index breaking above the resistance of 52,000 for the first time.

Jun 25, 2024

Sensex jumps 212 points, Nifty up 53 points as markets open on positive global cues

At 9:55 a.m., Sensex was up 212 points or 0.27 per cent, at 77,553 and Nifty was up 53 points or 0.23 per cent, at 23,591.

Jun 25, 2024

'Our best is yet to come,' declares Gautam Adani as Modi 3.0 begins

Gautam Adani, Chairman of the Adani Group, said on Monday that with record results, robust cash positions, and the lowest debt ratios in the company's history, their path ahead is illuminated with the promise of even greater accomplishments and "the best is yet to come".

Jun 25, 2024

NSE warns investors against so-called experts or entities promising assured returns in stock market

The National Stock Exchange (NSE) issued an advisory on Monday cautioning investors of certain individuals and entities operating schemes that offer securities market tips and assured returns on stock market investments.

Jun 25, 2024

Markets: Sensex, Nifty trade lower, IndusInd Bank and Tata Steel top losers

At 9:41 am, Sensex was down 430 points or 0.56 per cent, 76,779, and Nifty was down 134 points or 0.57 per cent, 23,366

Jun 24, 2024

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Biocon Biologics gets EMA nod to manufacture cancer drug in India

Bangalore-based Biocon to manufacture biosimilar Bevacizumab in India

Jun 24, 2024

Byju's Challenges NCLT Order in High Court Amid Financial Crisis

In a recent development, Byju's, a leading edtech company, has approached the Karnataka High Court, challenging the order of the National Company Law Tribunal (NCLT).

Jun 23, 2024

Pioneering Sustainability: Director & CEO Mr. Avanish Singh Visen Sets a Benchmark for APPL and India

Sustainability is not just a buzzword for us; it's a core principle that drives every decision we make

Jun 21, 2024

7 tips to boost your financial well-being

Top 7 Tips for Your Financial Success

Achieving financial success requires careful planning, disciplined habits, and continuous learning.

Jun 21, 2024

Sensex finds grip, trades higher led by IT stocks

At 9:40 a.m., Sensex was up 222 points or 0.28 per cent at 77,700 and Nifty was up 71 points or 0.30 per cent at 23,638.

Jun 21, 2024

Ola Electric captures over 52 pc market share in EV 2-wheeler segment in April

Ola Electric's IPO To Be A Game-Changer For India's EV Industry

In a significant development for India's electric vehicle (EV) industry, Ola Electric, under the leadership of Bhavish Aggarwal, has secured approval from the Securities and Exchange Board of India (SEBI) for its initial public offering (IPO). This event, which transpired on June 20, 2024, is a milestone as it represents the first IPO by an EV startup in India.

Jun 20, 2024