Business news

Mamaearth becomes the first unicorn of 2022; raises $52 million to value at $ 1.2 billion [details]

Sequoia Capital led the fundraising round, and the company is currently valued at $1.2 billion.

Jan 2, 2022

FPIs sold healthcare and IT stocks in March

2022 High Potential Stocks: Brokerages bullish on TCS, Escorts, Relaxo, HUL this year

Tata power is well placed to capture the opportunities across the green portfolio. Relaxo has nine plants spread across three cities, with an annual production capacity of more than 20 crore pairs.

Jan 1, 2022

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Indian stock markets delivered over 20% return in 2021, Tata Motors tops with 160% rise

Tata Motors was the best performing stock in Nifty50 with a rise of 160.80 percent. Nifty fell to a low of 13,596.75 points and Sensex to 46,160.46 points on January 29.

Jan 1, 2022

Sensex, Nifty open in green zone; General Insurance top gainer

The 30-scrip Sensitive Index (Sensex) and broader 50-scrip Nifty at the National Stock Exchange (NSE) traded in the green in early trade on Friday.

Dec 31, 2021

India's equity mutual funds show first outflows in more than four years

Sensex, Nifty Outlook 2022: FMCG, pharma, IT sectors seen as 'safe and satisfying' bets

Sectors such as real estate, power, infra, capital goods, and banking will be eyed keenly by the investors. Aviation sector struggles to make a comeback amidst the imposition of bans,

Dec 30, 2021

Sensex, Nifty open in green zone, many shares marginally up

Sensex traded at 57,882 points, up 0.1 per cent from its previous close of 57,806 points. It opened at 57,755 points and within half-an-hour reached positive zone.

Dec 30, 2021

Sensex, Nifty remain unsteady as of 1 p.m. today though marginally up in early trade

The 30-scrip Sensitive Index (Sensex) and broader 50-scrip Nifty at National Stock Exchange (NSE) traded marginally higher on Wednesday.

Dec 29, 2021

SEBI announces new IPO norms, may impact capital raising plans of some unicorns

Inability to raise money for future unidentifiable acquisitions would impact capital raising plans of some unicorns, experts said after SEBI announced new IPO norms.

Dec 29, 2021

FIIs, Expiry of Derivates, Omicron impact markets this week (Market Forecast)

The direction of foreign funds along with crude oil prices will impact investors' sentiments this week, expiry of derivatives and omicron concern will drive the markets.

Dec 27, 2021

Xiaomi fined over $3k for false ad in China

The Chinese smartphone giant has been fined 20,000 yuan for a false ad in the home country. The reports say that the mistake is due to confusion of specs the phone has to offer.

Dec 25, 2021

China's investment abroad remained stagnant in first three quarters

Xiaomi raises concern after tax searches on Chinese firms in India

After New Delhi launched a probe into Chinese companies on tax and income issues, Chinese experts described the business environment in India as "harsh".

Dec 25, 2021

Sensex opens steady on Friday but sheds 446 pts in 30 mts

Indian equities steady in early trade on Friday as Sensex and Nifty opening at 57,340 points and 17,068 points, respectively as of 9:30 a.m. By 10:00 a.m., Sensex lost ground falling by 446 points and Nifty by 81 pts.

Dec 24, 2021

Go First offers 20% discount on domestic flights for passengers fully vaccinated

Private airline Go First, formerly known as GoAir, has introduced a 20 per cent discount scheme on domestic flights for passengers who have received both doses of Covid vaccine.

Dec 23, 2021

Sensex, Nifty extend gains, DLF top gainer in early trade

The 30-scrip Sensitive Index (Sensex) rose in early trade on Thursday, thereby extending its gains from the previous two consecutive sessions.