Business news

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

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 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 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

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 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 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

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Business news

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

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

Sensex and Nifty extend gains; Sensex up over 200 pts

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

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

Sensex and Nifty extend losses, Sensex declines by 250 pts

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

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]