Business news

LIC shares fall after Sensex, Nifty debut; Analysts point out optimistic side

The LIC listed on the stock exchanges at a discount of over 8 per cent at Rs 867 on Monday, as against its issue price of Rs 949. On Tuesday, it recovered losses after the market opened its trade at Rs. 883.95 or 8.70 (0.99%) up from the previous day's close.

May 18, 2022

Paytm Mall's valuation plunges 99% as Jack Ma sells 43% share [details inside]

In the face of fierce competition from Amazon, Flipkart, and Reliance, Vijay Shekhar Sharma's bet on offline-to-online commerce through Paytm Mall failed.

May 17, 2022

Indices positive in opening deals with all eyes on LIC listing

Indian equity benchmark indices started Tuesday's trade in green ahead of listing of insurance major LIC's exchange debut.

May 17, 2022

Snapping 6-day losses, Sensex, Nifty open in green zone

At 10:51 a.m., Sensex stood at 53,259.24 or 465.62 (0.88%) points up while Nifty was at 15,914.35 or +132.20 (0.84%) up from previous session.

May 16, 2022

Air passengers being charged for boarding passes? Minister promises to look into incident

Union Civil Aviation Minister Jyotiraditya Scindia assured that he will examine the matter of passengers being charged extra for generating boarding passes at the airport.

May 14, 2022

Emirates to accept Bitcoin as payment; allow NFT trade [details inside]

Emirates COO Adel Ahmed Al-Redha announced that it intends to accept Bitcoin as a payment service and introduce NFTs on the website for trading purposes.

May 13, 2022

Stock Market: Sensex, Nifty show resilience, open positive after steep fall in previous sessions

Sensex and Nifty show resilience, open in green zone after a steep fall in previous sessions

May 13, 2022

Markets erode Rs 5 lakh Cr on Thursday as equities dovetail

Market cap of all BSE-listed firms fell by Rs 5.25 lakh crore to Rs 241.10 lakh crore against Rs 246.31 lakh crore in the previous session

May 13, 2022

Tata Sons appoints Campbell Wilson as new Air India CEO, MD

Who is Campbell Wilson? Tata Sons new choice as CEO for Air India

Head of Singapore Airlines' low-cost carrier Scoot, Campbell Wilson, has been appointed as the new Chief Executive Officer (CEO) and Managing Director (MD) of Air India.

May 12, 2022

Stock Markets: Sensex plunges by 975 pts in opening trade

At 11.03 a.m., Sensex was down 975 points or 1.8 per cent at 53,114, whereas Nifty was down 302 points or 1.9 per cent at 15,865 and by 11:45 a.m., Sensex was hovering around 53,163.27 or 925.12 (1.71%) down while Nifty was 15,878.15 or 288.95 (1.79%) points down.

May 12, 2022

Toyota Group signs MoU with K'taka for Rs 4,800 crore investment

Shanghaied Toyota cuts down production in China plant, reports profits slumped by third

After Tesla, Toyota too cut down its production by 50,000 cars per month due to lockdown imposed by China in Shanghai after Omicron Covid variant surged

May 12, 2022

Adani Takeover: Party time for Kohinoor Foods' investors as stocks up 130% in 1 month

It's party time for those investors who have bought shares in Kohinoor Foods over the past one month as they have more than doubled during the said period.

May 11, 2022

Stock Markets: Sensex, Nifty traded steady in opening deals as rupee appreciates marginally

Indian equity benchmarks traded steady in early deals on Tuesday after a sharp slump the previous day.

May 10, 2022

Global regulator for banks red-flags crypto-assets such as Bitcoin

Mayhem in crypto market as Bitcoin drops below $30,000 per coin; Investors in a panic mode

The global cryptocurrency market entered its worst phase ever on Tuesday, with Bitcoin dropping below $30,000 per coin and leaving millions of investors in a panic mode.

May 10, 2022

Adani Airports raises $250 mn for airports development

Adani Airport Holdings Ltd (AAHL), a wholly owned subsidiary of Adani Enterprises Ltd, has announced a successful closure of funding of $250 million senior secured three-year ECB facility from consortium of Standard Chartered Bank (SCB) and Barclays Bank PLC.

May 9, 2022

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Business news

LIC shares fall after Sensex, Nifty debut; Analysts point out optimistic side

Paytm Mall's valuation plunges 99% as Jack Ma sells 43% share [details inside]

Indices positive in opening deals with all eyes on LIC listing

Snapping 6-day losses, Sensex, Nifty open in green zone

Air passengers being charged for boarding passes? Minister promises to look into incident

Emirates to accept Bitcoin as payment; allow NFT trade [details inside]

Stock Market: Sensex, Nifty show resilience, open positive after steep fall in previous sessions

Markets erode Rs 5 lakh Cr on Thursday as equities dovetail

Who is Campbell Wilson? Tata Sons new choice as CEO for Air India

Stock Markets: Sensex plunges by 975 pts in opening trade

Shanghaied Toyota cuts down production in China plant, reports profits slumped by third

Adani Takeover: Party time for Kohinoor Foods' investors as stocks up 130% in 1 month

Stock Markets: Sensex, Nifty traded steady in opening deals as rupee appreciates marginally

Mayhem in crypto market as Bitcoin drops below $30,000 per coin; Investors in a panic mode

Adani Airports raises $250 mn for airports development

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]