Business news

Sensex trades flat amid negative global cues from US, Asian markets

At 9.40 a.m., Sensex was at 81,816, up 31 points and Nifty was up 19 points at 25,071

Aug 29, 2024

Mobile spam: TRAI issues consultation paper, seeks public comment by Sep 25

TRAI Seeks Public Input on Tackling Spam Calls and Messages

The Telecom Regulatory Authority of India (TRAI) has released a consultation paper seeking public comments. The paper, titled Review of the Telecom Commercial Communications Customer Preference Regulations, 2018 (TCCCPR-2018), was implemented in February 2019 to address the issue of unwanted promotional calls and messages. The public has been invited to submit their comments by September 25.

Aug 28, 2024

Janmashtami: Sales turnover in festivities soars to Rs 25,000 crore, says CAIT

The Janmashtami festival this year generated a business of more than Rs 25,000 crore, according to the traders' body Confederation of All India Traders (CAIT).

Aug 28, 2024

Sensex trades flat on negative global cues from Asian peers

At 9.40 a.m., Sensex was down 45 points or 0.05 per cent at 81,667 and Nifty was down 21 points or 0.10 per cent at 24,996.

Aug 28, 2024

Yes Bank expels its country head of financial markets, reason unknown

Amit Sureka, based in Yes Bank's Mumbai branch has been working with the private lender since 2005

Aug 27, 2024

Sensex, Nifty end flat as markets turn to consolidation phase

Sensex down, follows Asian markets awaiting positive global cues

The Nifty midcap 100 index is at 59,117, up 185 points or 0.32 per cent and the Nifty smallcap 100 index is at 19,183, up 51 points or 0.27 per cent.

Aug 27, 2024

Sensex trades higher as US Fed Chair hints likely rate cut next month

Among the sectoral indices, Auto, IT, PSU Bank, fin service, pharma, metal and energy are the major gainers and FMCG is the only loser in the NSE indices.

Aug 26, 2024

Vodka accounted for just six per cent of sales of alcoholic beverages in this year so far

Are Russians falling out of love with vodka? Share of domestic demand plunges to single-digit

It is the alcoholic beverage most stereotypically identified with Russia, but vodka seems to be losing its charm for the people of the country, with its share of the domestic market in 2024 plunging to single-digit figures, as per sales data.

Aug 24, 2024

Sensex, Nifty trade flat amid mixed global cues

Sensex, Nifty trade remain flat ahead of Fed chief's policy speech on interest rates

Indian equity indices opened flat on Friday following mixed cues from global markets.

Aug 23, 2024

Paytm sells entertainment ticketing business to Zomato for Rs 2,048 crore

Zomato Acquires Paytm's Entertainment Ticketing Business in Rs 2,048 Crore Deal

Paytm, has announced the sale of its entertainment ticketing business to food aggregator Zomato. The deal, valued at Rs 2,048 crore, is a cash transaction and marks a strategic shift for Paytm as it seeks to concentrate on its core payments and financial services distribution.

Aug 22, 2024

Sensex up 194 points, Nifty trades higher on positive signals from US markets

At 9.44 a.m., Sensex was up 194 points or 0.24 per cent at 81,099 and Nifty was up 60 points or 0.24 per cent at 24,830. The market trend remains positive.

Aug 22, 2024

New Delhi, Principal Scientific Adviser, advisory document, Bharat Zero Emission Trucking Policy, ecosystem, decarbonisation, Net Zero

Govt launches Bharat Zero Emission Trucking policy advisory

Prof. Ajay Kumar Sood, Principal Scientific Adviser (PSA) to the Union government on Wednesday launched the advisory document titled 'Bharat Zero Emission Trucking (ZET) Policy Advisory' aimed at creating an ecosystem to speed up decarbonisation and help achieve India's ambitious Net Zero 2070 target.

Aug 21, 2024

Sensex trades lower, down 114 points as most Asian markets turn red

At 9:43 a.m., Sensex was down 114 points or 0.14 per cent at 80,688 while Nifty was down 13 points or 0.05 per cent at 24,685.

Aug 21, 2024

Sensex closes up 378 points, bank shares lead the rally

India equity indices closed in the green on Tuesday following positive sentiments in the markets.

Aug 20, 2024

Optiemus begins telecom equipment manufacturing with Tejas Networks

Optiemus Joins Telecom Manufacturing to boast Make in India

Optiemus Electronics has partnered with Tejas Networks to manufacture telecom equipment in India. The partnership aligns with the 'Make in India' initiative and aims to reduce dependence on imports. The venture has boosted Optiemus Electronics' financial performance, with a 29.3% jump in net profit in Q1 FY25. The collaboration is expected to enhance domestic production and contribute to the goal of Atmanirbhar Bharat.

Aug 20, 2024