Business news

India IPO boom: 15 companies submit draft documents in just 1 day

As Indian stock markets continue to show robust growth despite global uncertainties, a record 15 companies registered their initial public offering (IPO) documents with the Securities and Exchange Board of India (SEBI) on the last day of September.

Oct 2, 2024

SEBI announces new measures to curb F&O trading, strengthen equity markets

SEBI Introduces New Measures to Reinforce Equity Markets

The Securities and Exchange Board of India (SEBI) has announced a series of new measures for the futures and options (F&O) segment. This decision is a response to a concerning trend where nine out of ten participants have consistently lost money over the past three years.

Oct 2, 2024

Revised transaction fee on stock exchanges, TDS rates come into effect

Indian Stock Exchanges Revise Transaction Fees and TDS Rates [Details Here]

The Indian stock exchanges, specifically the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), have announced a significant revision in their transaction fees for cash and futures and options trading.

Oct 1, 2024

Sensex closes up by 236 pts, NTPC and Kotak Mahindra Bank top gainers

Sensex, Nifty open positive, trade higher amid positive global cues

At 9:39 a.m., Sensex was at 84,461, up 161 points or 0.19 per cent and Nifty was at 25,858, up 47 points or 0.18 per cent.

Oct 1, 2024

Sensex trades lower at 551 pts down as negative global cues loom larger

At 9:40 a.m. Sensex was down 551 points or 0.64 per cent at 85,019 and Nifty was down 163 points or 0.63 per cent at 26,015.

Sep 30, 2024

IPO market buzz continues next week with 3 new public issues

India's primary market continues to boom, with three SME IPOs set to launch next week from September 30, and the market will see several main board IPO listings like KRN Heat Exchanges, which received massive subscriptions of over 200 times.

Sep 29, 2024

Bull run hopes high amid expectations of under-performing stocks leading next

At close on Friday, Sensex was down 264 points or 0.31 per cent at 85,571 and Nifty was down 37 points or 0.14 per cent at 26,178.

Sep 28, 2024

Mrigaank Mishra: Building a Global Business Empire at 25

Mrigaank Mishra continues to focus on expansion, always seeking out new opportunities for growth. His entrepreneurial mindset, combined with his global exposure and personal passions, makes him a standout figure in today's business world

Sep 27, 2024

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

Sensex trades 94 pts up, near all-time high; Infosys and Wipro top gainers

At 9:49 a.m., Sensex was up 94 points or 0.11 per cent at 85,930 and Nifty was up 46 points or 0.18 per cent at 26,262.

Sep 27, 2024

Swiggy files DRHP with SEBI; gears up for blockbuster IPO

Swiggy has filed its first DRHP with SEBI, preparing for an IPO. The filing indicates a fresh issue component of Rs 3,750 crore and an offer for sale of 18.53 crore shares.

Sep 26, 2024

Housing sales stabilise in top Indian cities, festive quarter to see uptick in demand

Housing Sales Steady Across Major Indian Cities, Festive Season Expected to Boost Demand

After a two-year bull run, residential real estate activity across top cities stabilised in the third quarter (July-September) this year, reaching more that 1.07 lakh units, a report showed on Thursday, adding that the lull was due to monsoon and perceived inauspiciousness (the 'shraad' period).

Sep 26, 2024

Sensex, Nifty open early trade at record-high, Maruti Suzuki and Wipro top gainers

In early trade, Sensex and Nifty made a new all-time high of 85,372 and 26,056 respectively.

Sep 26, 2024

Sensex closes at all-time high, Nifty above 26,000 for first time

India equity indices closed at a record high on Wednesday following positive cues from global markets.

Sep 25, 2024

Telecom Regulatory Authority of India (TRAI)

Will make all users safe from spam calls and messages: Airtel's Gopal Vittal

As the Centre asked telecom service providers to purge spam calls and messages on an urgent basis, Gopal Vittal, Managing Director and CEO of Airtel, said on Wednesday they have launched an AI-powered spam detection solution that would alert customers in real time about suspected spam calls and SMSs.

Sep 25, 2024

Ola Electric's stock tanks to its lowest as market analysts warn investors

Ola Electric's Stock Plummets To All-Time Low Amid Rising Competition

Ola Electric, the electric vehicle arm of ride-hailing giant Ola, saw its stock plummet to an all-time low. The company's shares were trading at Rs 103 apiece on Wednesday morning, marking a drastic 35% drop from its peak value of Rs 157.40.

Sep 25, 2024