Business news

Google showcases its first foldable smartphone 'Pixel Fold'

Global foldable smartphone shipments decline in Q3, Samsung leads

Global foldable smartphone shipments declined 1 per cent in the third quarter this year. Samsung reclaimed the top spot with a 56 per cent market share.

Nov 26, 2024

Sensex and Nifty down 1 pc in early trade amid heavy selling

Indian stock market opens in green after two robust bull sessions

The Indian stock market opened in green on Tuesday after witnessing two robust trading sessions, as buying was seen in the realty sector in early trade.

Nov 26, 2024

Hiring outlook in India up 7 pc for Oct-Dec quarter, strongest globally: Report

Demand for entry-level talent surges 59 pc in India's tech sector

Hiring in the Indian tech sector rebounded in the second quarter (Q2) this fiscal, with demand for entry-level talent making up 59 per cent of job listings

Nov 25, 2024

Sensex snaps 3-day losing streak on rebound in FMCG and Pvt Bank shares

Sensex closes up by 992 points, Adani Ports, L&T top gainers

Indian equity markets closed in the green on Monday as heavyweights like Adani Ports, L&T, SBI, HDFC Bank, and ICICI Bank uplifted the market sentiment.

Nov 25, 2024

Fintech firm Lendingkart clocks 6 pc profit drop at Rs 175 crore in FY24

Fintech company Lendingkart has reported almost 6 per cent drop in profit after tax (PAT) at Rs 174.92 crore in FY24 from Rs 185.93 crore in FY23.

Nov 25, 2024

Adani Enterprises to launch maiden Rs 800 crore retail bond issue on September 4

Adani Portfolio delivers robust results, asset base surpasses record Rs 5 lakh crore

The Adani Portfolio of companies on Monday reported record results for the first half of this fiscal (H1 FY25) as well as the trailing-twelve-month (TTM) period. In H1 FY25, the portfolio companies invested Rs 75,277 crore, increasing the total gross assets to a record Rs 5.53 lakh crore.

Nov 25, 2024

Sensex Soars Nearly 1,200 Points as MahaYuti Secures Landslide Win

The Sensex jumped 1,173.91 points, or 1.48%, to reach 80,291.02, while the Nifty climbed 367.00 points, or 1.54%, to 24,274.30.

Nov 25, 2024

US allegations against Adani Group: Blown out of proportion?

The Adani Group denies allegations made by the US Department of Justice and the US Securities and Exchange Commission. The CFO Jugeshinder Robbie Singh clarified that none of the group's public companies are subject to indictment.

Nov 23, 2024

LG Corp to cancel own shares worth $356.8 bn by 2026 to boost corporate value

LG Corp, the holding company of LG Group, said on Friday it will cancel its own shares worth 500 billion won ($356.8 million) by 2026 as part of a corporate value enhancement programme.

Nov 22, 2024

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India's foreign exchange reserves stand at $657.89 billion

India's foreign exchange reserves stood at $657.89 billion while the gold component of the kitty was valued at $65.75 billion, as of November 15.

Nov 22, 2024

Adani Group stocks rebound as Sensex and Nifty surge

Stocks of the Adani Group companies rebounded on Friday, led by Ambuja Cements and ACC Ltd, after witnessing a sharp sell-off amid US government department allegations, which the Group has vehemently denied as "baseless".

Nov 22, 2024

Sensex, Nifty close at all-time high, led by metal and auto shares

Bulls roar on Dalal Street; Sensex and Nifty up over 2 percent

Bulls roared on the Indian benchmark indices on Friday as Sensex surged more than 1,961 points and Nifty 557 points, while the stock market witnessed a significant broad-based rally from the oversold territory, predominantly led by large-cap stocks.

Nov 22, 2024

Mumbai, Delhi ranked among top 5 prime residential markets in Asia-Pacific

Mumbai and Delhi have been ranked among top 5 Asia-Pacific prime-residential markets to record higher annual price growth, according to a report on Friday, as India was cited among the emerging markets in Asia-Pacific, along with Vietnam and Thailand, to experience significant growth.

Nov 22, 2024

Sensex climbs 240 points, Nifty up 72 points in early trade

Sensex surges 855 points despite geo-political tensions; PSU bank stocks shine

The Indian stock market was trading in the green on Friday despite geopolitical tensions as heavy buying was seen in the PSU bank shares. Nifty PSU Bank was trading with a gain of 2.88 per cent.

Nov 22, 2024

Investors lose Rs 38,000 crore as Ola Electric's stock continues to slide

Ola Electric to sack 500 employees amid controversies, poor results

Ola Electric, mired in controversies amid a government probe and mounting losses, is set to lay off at least 500 employees as part of an restructuring exercise.

Nov 22, 2024