Business news

Stocks move in negative zone, Sensex down by 330 points in morning session

Sensex reached 57808, down by 334 points by 11 a.m., while Nifty reached 17,281 down by 70 points

Feb 16, 2022

Chitra Ramkrishna, the former CEO and MD of the NSE

Why FM silent when NSE was run by invisible Himalayan Baba, questions Congress

Congress questions the silence of Finance Minister on the issue of an alleged ghost baba giving directions to former NSE CEO Chitra Ramkrishna

Feb 15, 2022

Dutch competition regulator fines Apple another $5.6 mn; brings total to $22.6 million [details]

The Netherlands' competition watchdog has fined Apple another $5.6 million for failing to comply with its order on dating-app providers.

Feb 15, 2022

Delhi HC stays notice given to Adani Total Gas by regulator

In a big relief for Adani Total Gas Ltd, the Delhi High Court on Monday granted a stay of the public notice, along with the consequent hearing notice. issued by the Petroleum and Natural Gas Regulatory Board (PNGRB) to the company.

Feb 15, 2022

Sensex gains over 1,500 pts as tensions between Russia, Ukraine ease

Sensex traded at 56,544.70 points, up 0.3 per cent or 139 points after the opening hour at 10:40 a.m., whereas Nifty traded 16,888.6 points, up 0.3 per cent or 46 points.

Feb 15, 2022

Noel Tata joins two Tata trusts, succession plan goes on

In an important development signalling succession planning, two main Tata trusts controlling Tata Sons roped in Noel Tata as a trustee making him a board member, as per media reports.

Feb 14, 2022

Sensex, Nifty plunge as markets open amid heightened Russia-Ukraine tensions

At 10.06 a.m., Sensex traded at 57,037 points, down 1.9 per cent or 1,115 points from the previous close, Nifty traded at 17,034 points, down 2.0 per cent or 341 points

Feb 14, 2022

LIC files DRHP, intends to list 5% equity via IPO - all OFS [details]

The Centre aims to offload a total of 316 million equity shares to investors through the public offering out of the 6.32 billion outstanding shares, the document showed.

Feb 13, 2022

Sindhu Trade Links becomes multibagger; shares up 2000% in 2021 [details]

Sindhu Trade Links is engaged in the business of logistics, transportation, mining, coal beneficiation, power generation, sponge iron and steel, stockbroking, media, finance and food processing park.

Feb 13, 2022

anand mahindra, mahindra group, anand mahindra message and massage, bajaj auto md rajiv bajaj, lessons on management

Buy call for M&M, Hindalco, SAIL; Centrum Broking shares target prices [details]

The brokerage house Centrum Broking has given a 'buy' call for Mahindra & Mahindra, Hindalco Industries, and Steel Authority of India shares.

Feb 13, 2022

Zomato earnings release lacks details, provides only selective data: Jefferies

The Zomato third quarter earnings release remains opaque, lacks substance, and describes only selective aspects of the business, foreign brokerage, Jefferies said in a report.

Feb 12, 2022

India's forex reserves rise over $2 bn in week ending Feb 4; Gold reserves decline

India's foreign exchange reserves rose by $2.198 billion during the week ended February 4, while gold reserves declined by $210 million to $39.283 billion.

Feb 12, 2022

ShareChat, MX Media merge their short video apps in mega deal [Details]

Heralding a new era for the Indian short-video making apps since the ban on Chinese platforms, Mohalla Tech, the parent company of homegrown social media apps Moj and ShareChat, and MX Media Co Ltd on Thursday decided to "strategically merge" their short-video platforms Moj and MX TakaTak

Feb 11, 2022

Thums Up puts "Thunder" into Coke India, becomes $1 billion brand

Beverages major Coca-Cola India's brand -- Thums Up -- has become the company's first $1 billion brand.

Feb 11, 2022

Sensex, Nifty trade in negative zone, slip over 1%

At 9.40 a.m., Sensex traded at 58,269 points, down 1.1 per cent or 657 points from the previous close, while Nifty traded at 17,398 points, down 1.2 per cent or 207 points

Feb 11, 2022