Business news

Sensex snaps five-day losing streak, Nifty closes above 24,300

Sensex Plummets 1300 Points, Nifty Hits Four-Month Low

The Indian stock market saw a significant downturn on November 4, with heavy selling in various sectors. This decline was reflected across almost all sectoral indices, with only a few companies trading in green.

Nov 4, 2024

IPO market buzz continues next week with 3 new public issues

India's consumer spending on goods to grow 7 pc in next 5 years

India's consumer spending on goods is worth $1.29 trillion in 2024 and is expected to increase to 7.0 per cent in the next five years, according to a new report.

Nov 4, 2024

Population collapse is accelerating: Elon Musk

Elon Musk lays off more employees from X: Report

Elon Musk, who is busy promoting Donald Trump for the keenly-watched US presidential election on November 5, has reportedly laid off more employees from his X social media platform.

Nov 2, 2024

Facebook India's net profit up 43 pc to Rs 505 crore in FY24

Facebook India saw its profit surge by 43 per cent in the last fiscal (FY24), riding on digital advertising and support services offered to its parent company Meta in the US.

Nov 2, 2024

Investors' wealth surges by Rs 128 lakh cr in last Samvat 2080

As the Indian stock market ended Samvat year 2080, investors' wealth surged by a whopping Rs 128 lakh crore (about $1.5 trillion at current exchange rate) to Rs 453 lakh crore in just one year.

Nov 1, 2024

Stock market: Sensex, Nifty ends in red on Diwali, IT stocks bleed

The Indian stock market closed in the red on Diwali day as Sensex fell more than 500 points. There was heavy selling in the IT sector.

Oct 31, 2024

Yash Kataria Drives Growth: Kataria Industries Acquires Ratlam Wires' Wire Manufacturing Division

Kataria Industries is renowned for its manufacturing of essential equipment, including low relaxation prestressed concrete strands and post-tensioning anchorage systems.

Oct 31, 2024

Stock Markets: Sensex, Nifty open flat on Diwali, L&T and Sun Pharma top losers

On the auspicious occasion of Diwali, the Indian stock market opened flat on Thursday as selling was seen in auto, IT, PSU bank and FMCG sectors in early trade.

Oct 31, 2024

BSNL deploys 50,000 4G sites in India's remote regions; Strengthens network

Bharat Sanchar Nigam Limited (BSNL), the state-run telecom operator, has successfully installed over 50,000 indigenous 4G sites across the nation. This announcement was made by the Ministry of Communications, marking a pivotal moment in the country's journey towards enhanced digital infrastructure.

Oct 31, 2024

Diwali 2024: Muhurat Trading Tomorrow, know tradition, time, and history

The new Samvat or Hindu New Year begins at the time of Diwali. During this time, many investors believe that trades made during Muhurat draw prosperity for the year ahead.

Oct 31, 2024

TRAI releases consultation paper on framework for service authorisations

The Telecom Regulatory Authority of India (TRAI) on Wednesday released a consultation paper on the framework for service authorisations for provision of broadcasting services under the Telecommunications Act, 2023.

Oct 30, 2024

TRAI's New Framework for Service Authorisations Sparks Industry Debate

The Telecom Regulatory Authority of India (TRAI) has recently released a consultation paper on the framework for service authorisations for the provision of broadcasting services. This is in line with the newly implemented Telecommunications Act, 2023.

Oct 30, 2024