Business news

Hindenburg Research welcomes legal action from Adani; has long list of documents to demand in discovery [details]

Adani Group, however, stated in a statement issued on January 25 that it was "shocked" that the research had been released without the business being consulted.

Jan 26, 2023

What's Hindenburg Research report? Adani Group reacts strongly, says 'evaluating punitive' action

The report and its unsubstantiated contents were designed to have a deleterious effect on the share values of Adani Group companies as Hindenburg Research, said Adani group

Jan 26, 2023

Benchmark indices fall over 1%; Sensex slides more than 600 points, Nifty falls below 17950

So far in the trading session, Sensex sank more than 600 points or 1.05% to trade at 60,338 points, while Nifty lost nearly 200 points or 1.07% to trade at 17,925 points and Nifty Bank wiped out more than 900 points or 2.19% to trade below 42,000 mark.

Jan 25, 2023

Stock market extends gains; Sensex is up 120 points, Nifty trades close to 18150

As of 1:15 PM, frontline indices are trading close to the previous close. Sensex is trading at 61,022 points, up 80 points or 0.13%, whereas Nifty is up merely 12 points or 0.05% to trade at 18,130 points. However, Nifty Bank turned red intra-day as it lost almost 50 points or 0.13% to trade at 42,766 points

Jan 24, 2023

Vistara reports net profit; crosses $1bn revenue mark in FY23 [details]

Vistara, a joint venture of Tata Sons and Singapore Airlines, has reported a net profit (excluding unrealised foreign currency loss and non-operating income) for the quarter that ended December 2022

Jan 23, 2023

Stock market opened on upbeat note; Sensex adds 200 points, Nifty trades below 18,100

As of 1:15 PM, Sensex is trading up more than 200 points or 0.33% to 60,820 points; meanwhile, Nifty is up almost 50 points or 0.3% to trade at 18,080 points and Nifty Bank is trading up more than 200 points or 0.56% to trade above 42,700 level

Jan 23, 2023

How does a Home Loan EMI Calculator helps you with financial planning

The ICICI home loan EMI calculator is your ideal companion if you have opted for a housing finance scheme and are looking for effective ways to plan your budget

Jan 22, 2023

Union budget likely to continue capex hike to boost investment [details]

The forthcoming Union budget is expected to focus on boosting capital expenditure in 2023-24 too, as has been the case for the past several years.

Jan 22, 2023

Realty sector seeks boost to affordable housing, tax and policy relief [details]

To sustain the demand in the housing segment, the realty sector wants tax- and policy-related relaxations in the Union Budget 2023.

Jan 22, 2023

Only twice in 30 years, the market's been up both pre and post Budget [details]

History suggests that the Union Budget's influence on short-term market performance is declining, foreign brokerage, Morgan Stanley said in a report.

Jan 22, 2023

CBDT meets officials to dispel doubts on faceless tax assessment.

Despite slew of polls ahead, prospects of populist budget appear bleak

The scope for a blatant populist budget looks bleak amid moderating tax revenue, high committed revex, and market loans, Emkay Global Financial Services said in a report.

Jan 22, 2023

Stock market opened flat; Sensex, Nifty witness choppy trading amid mixed global cues

As of 1:55 PM, Sensex is trading with marginal losses at 60,793 points, down 64 points or 0.11%, while Nifty is trading flat at 18,081 points and Nifty Bank is up nearly 300 points or 0.66% to trade near the 42,600 mark.

Jan 20, 2023

PhonePe raises $350 mn at $12 billion valuation; investment plans mapped [details]

Fintech platform PhonePe on Thursday said it has raised $350 million in funding from General Atlantic, a leading global growth equity firm, at a pre-money valuation of $12 billion.

Jan 19, 2023

Road safety body IRF urges FM to waive GST on 'life saving helmets'

Road safety body International Road Federation (IRF) wrote a letter to Union Finance Minister Nirmala Sitharaman, demanding removal of GST on life saving device helmets for safety of the two-wheeler riders in the forthcoming Union Budget 2023-24.

Jan 19, 2023

Equity market opened in red amid recession fears; Sensex slipped 150 points, Nifty hovers below 18,150

As of 1:15 PM, Sensex is trading down about 130 points or 0.2% to 60,919 points, while Nifty is trading at 18,126 points, down almost 40 points or 0.2% and Nifty Bank is down 150 points or 0.35% to trade near 42,300 level

Jan 19, 2023

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Business news

Hindenburg Research welcomes legal action from Adani; has long list of documents to demand in discovery [details]

What's Hindenburg Research report? Adani Group reacts strongly, says 'evaluating punitive' action

Benchmark indices fall over 1%; Sensex slides more than 600 points, Nifty falls below 17950

Stock market extends gains; Sensex is up 120 points, Nifty trades close to 18150

Vistara reports net profit; crosses $1bn revenue mark in FY23 [details]

Stock market opened on upbeat note; Sensex adds 200 points, Nifty trades below 18,100

How does a Home Loan EMI Calculator helps you with financial planning

Union budget likely to continue capex hike to boost investment [details]

Realty sector seeks boost to affordable housing, tax and policy relief [details]

Only twice in 30 years, the market's been up both pre and post Budget [details]

Despite slew of polls ahead, prospects of populist budget appear bleak

Stock market opened flat; Sensex, Nifty witness choppy trading amid mixed global cues

PhonePe raises $350 mn at $12 billion valuation; investment plans mapped [details]

Road safety body IRF urges FM to waive GST on 'life saving helmets'

Equity market opened in red amid recession fears; Sensex slipped 150 points, Nifty hovers below 18,150

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]