Business news

Sensex crosses 60K again as FIIs return to Indian Markets after 6-month hiatus, here's why

FIIs return to Indian markets after pulling out a net Rs 1.48 lakh crore between October 2021 and March 2022.

Apr 6, 2022

Why HDFC Limited will be merged with HDFC Bank: Explained

HDFC Limited, India's largest housing finance company with Rs 5.26 trillion in assets under management (AUM) and a market capitalization of Rs 4.44 trillion, will merge with HDFC Bank, India's largest private sector bank by assets with a market capitalization of Rs 8.35 trillion.

Apr 4, 2022

Apple reportedly testing 9-inch foldable device; launch expected in 2024 [details]

Apple is reportedly testing a 9-inch foldable device, according to one supply chain insider.

Apr 4, 2022

Sesex, Nifty recover slightly as markets open positive on Friday

For FY23, the prospects for financials, IT, telecom, capital goods and pharma look good, while FMCG, cement and automobiles are likely to face margin pressure, say experts

Apr 1, 2022

Sensex, Nifty open for trade in green zone but witnessing slight fall

By 10:45 a.m., Sensex slightly slipped to 58,696.85 or down by 12.86 points (0.022%).

Mar 31, 2022

MSME gets major boost in India; over ₹6K crore approved for new RAMP scheme [details]

"Raising and Accelerating MSME Performance" (RAMP) is a World Bank assisted Central Sector Scheme, supporting various Corona Virus Disease 2019 (COVID) Resilience and Recovery Interventions of the Ministry of Micro, Small and Medium Enterprises (MoMSME).

Mar 30, 2022

Axis Bank to acquire Citibank's India consumer business [credit cards, retail banking, consumer loans and more]

Lending major Axis Bank will acquire Citibank's consumer businesses in India, subject to regulatory approvals.The boards of Axis Bank and Citibank have approved the deal.

Mar 30, 2022

Sensex up over 350 pts, Nifty extends gains, remain positive till noon

As of 12:52 p.m., it reached 58,540.51 or up 596.86 points (1.03%). Nifty reached 17,473.10 or up by 147.80 points (0.85%).

Mar 30, 2022

Who is Raj Subramaniam; Indian-American exec takes over as FedX President, CEO [details]

Indian-American Raj Subramaniam has become the President and CEO of FedEx, the US-based multinational transportation and courier delivery giant has announced.

Mar 29, 2022

Sensex declines from 272 points in opening hour to 212 points two hours later; Global cues remain negative

As of 11:30 a.m., it was hovering around 57,806 or 212.62 points up or 0.37%. Nifty50 was also slightly down at17,276.70 or 54.70 points down or 0.32%

Mar 29, 2022

Indian equities extend losses; Sensex down over 300 pts as banks' strike begins

At 9.54 a.m., Sensex was 0.6 per cent or 318 points down at 57,044 points, whereas Nifty was 0.5 per cent or 92 points down at 17,061 points.

Mar 28, 2022

PVR and INOX Leisure announce merger; Ajay Bijli to be MD [details inside]

As per the statement, shareholders of INOX will receive shares of PVR in exchange of shares of the former at the approved exchange ratio.

Mar 27, 2022

Sensex, Nifty running a marathon; Sensex doubled despite Covid-led shock

India's equity market has not looked back ever since the sharp correction witnessed in the initial 21 days of stringent nationwide lockdown imposed in late March 2020 to curb the spread of Coronavirus.

Mar 26, 2022

Gold, asset devaluation pulls India's forex reserve down by $2.597 bn

Devaluation of gold and other asset classes pulled India's foreign exchange reserves lower by $2.597 billion during the week that ended on March 18.

Mar 26, 2022

Sensex, Nifty open a tad down, continue weak sentiment in the markets

As of 10:40 a.m., sensex was trading at 57,457.68 or minus 138 points or 0.24% down, while Nifty was down at 17,178.85, 43.90 points down or 0.25% down.

Mar 25, 2022

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Business news

Sensex crosses 60K again as FIIs return to Indian Markets after 6-month hiatus, here's why

Why HDFC Limited will be merged with HDFC Bank: Explained

Apple reportedly testing 9-inch foldable device; launch expected in 2024 [details]

Sesex, Nifty recover slightly as markets open positive on Friday

Sensex, Nifty open for trade in green zone but witnessing slight fall

MSME gets major boost in India; over ₹6K crore approved for new RAMP scheme [details]

Axis Bank to acquire Citibank's India consumer business [credit cards, retail banking, consumer loans and more]

Sensex up over 350 pts, Nifty extends gains, remain positive till noon

Who is Raj Subramaniam; Indian-American exec takes over as FedX President, CEO [details]

Sensex declines from 272 points in opening hour to 212 points two hours later; Global cues remain negative

Indian equities extend losses; Sensex down over 300 pts as banks' strike begins

PVR and INOX Leisure announce merger; Ajay Bijli to be MD [details inside]

Sensex, Nifty running a marathon; Sensex doubled despite Covid-led shock

Gold, asset devaluation pulls India's forex reserve down by $2.597 bn

Sensex, Nifty open a tad down, continue weak sentiment in the markets

Nine days of Navratri: What is the festival all about and the significance of the celebrations

Telangana man kills wife playing Bathukamma

Covid-19 Update: India reports 4,129 new Covid cases, recovery rate stands at 98.72%