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PVR , Inox merger

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

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

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

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
Sensex

Indian stocks trade in negative zone, Sensex down by 300 points

Sensex opened down by 0.5 per cent or 289 points down at 57,395 points, whereas Nifty was 0.4 per cent or 74 points down at 17,172 points. Mar 24, 2022
sensex

Sensex and Nifty extend gains; Sensex up over 200 pts

India's key equity indices -- Sensex and Nifty -- extended their gains from the previous session to rise marginally in early trade on Wednesday. Mar 23, 2022
Zomato App

Zomato to make world's first 10-minute food delivery in Gurugram

In a global first, food delivery platform Zomato on Monday announced to deliver food under 10 minutes, starting with Gurugram. Mar 22, 2022
Jerome powell

US Fed will go for more aggressive rate hikes to curb inflation, says Powell; What it means for Sensex

US Federal Reserve Chairman Jerome Powell said that the central bank will, if required, move "more aggressively" to raise federal funds rate by more than 25 basis points at its policy meetings in an effort to curb inflation. Mar 22, 2022
sensex

Sensex and Nifty extend losses, Sensex declines by 250 pts

India's key equity indices -- Sensex and Nifty -- extended their losses from the previous session to decline during early trade on Tuesday.On Monday, Sensex and Nifty fell 1 percent each. Mar 22, 2022
Adani Green Energy

Adani Green raises $288 mn construction facility, increases revolver pool to $1.64bn

Adani Green Energy Ltd (AGEL) has extended its Construction Financing Framework to $1.64 billion by raising a $288 million facility for its under-construction renewable asset portfolio through definitive agreements signed with a group of leading international lenders. Mar 21, 2022
Sensex

Sensex, Nifty open a tad down in early trade, negative sentiment writ large today

Sensex, Nifty open a tad down in early trade showing that the markets are still under the spell of a negative sentiment owing to the prolonged war in Ukraine and skyrocketing prices of commodities Mar 21, 2022
crude oil, UAE-based Indian national sanctioned by US for smuggling Iranian oil.

War Time: Russian oil exports to India quadrupled in March as Europe shuns cargoes

Russian oil exports to India have quadrupled this month in a sign of the vast reshaping of global energy flows since Russias invasion of Ukraine, Financial Times reported. Mar 19, 2022
Better.com CEO Vishal Garg.

Zoom Call Firing: After Better.com, British firm P&O Ferries lays off 800 workers in 3 minutes

After Indian American CEO Vishal Garg laid off 900 workers of his company Better.com over a Zoom call in December last year, another company has laid off nearly 800 employees the same way. Mar 19, 2022
Sensex

Sensex, Nifty extend gains on global cues; Sensex up nearly 1,000 pts

India's key equity indices -- Sensex and Nifty -- extended their gains on Thursday from the previous session on global cues. Mar 17, 2022
Chinese tech stocks tank over geopolitical risks, Covid lockdowns

Chinese tech stocks tank over Ukraine war risk, Covid lockdowns

Covid-19 lockdowns and China's position on the Ukraine conflict led to tech shares rout on Tuesday, slashing billions of dollars from the likes of Alibaba Group Holding and Tencent Holdings in Hong Kong, media reports said. Mar 16, 2022
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