Business news

Sensex, Nifty turn flat; investors brace for Union Budget and fed's policy outcome

As of 1:15 PM, Sensex is trading down merely 16 points or 0.02% to 59,484 points, while Nifty is trading flat at 17,647 points and Nifty Bank is trading up 300 points or 0.75% to 40,688 points

Jan 31, 2023

COO Interview: William Kok, the Future of Global Infrastructure Analysis

William Kok said For carriers, cloud, and CDN companies, it's important to measure user experiences since there can be network jitter or latencies

Jan 31, 2023

10-yr tax holiday, less holding period of ESOP shares: Startups on Union Budget

Indian startup founders on Monday said that to explore a comprehensive digital India, the Union Budget for FY24 must leverage the full inherent potential of the homegrown technology industry to become champions of digitisation

Jan 30, 2023

Stock market falls sharply as Hindenburg report intensifies selling pressure on D-Street; Sensex below 59,000, Nifty around 17,500

As of 1:15 PM, Sensex is trading more than 400 points or 0.7% lower to 58,914 points, while Nifty is trading at 17,465 points, down 140 points or 0.8% and Nifty Bank is trading nearly 600 points or 1.45% lower to 39,761 points

Jan 30, 2023

Will LIC sustain net gains of Rs 27,300 crore from investments in Adani Group shares?

LIC's total investment in Adani shares has been at Rs 28,400 crore and they reached the value before the crash of last week was Rs 72,200 crore.

Jan 30, 2023

What if Adani's FPO fails? No plans to reduce price, may postpone expansion plan, says CFO

Of the total that the company is raising through the FPO, nearly ₹11,000 crore will be invested in businesses such as green hydrogen, airports and roads

Jan 30, 2023

Adani counters Hindenburg's 219-page accusations with scathing 413-page rebuttal [details]

On Sunday, Adani Group responded to unsubstantiated allegations and misleading narratives peddled by Hindenburg Research at length in an over 400-page response backed by relevant documents.

Jan 30, 2023

Rail Budget 2023-24: Focus on incomplete projects, big push for Make in India

In the upcoming Railway Budget, the emphasis will be on the development of infrastructure, 'Make in India' high-speed trains and the completion of incomplete railway projects.

Jan 29, 2023

Bank unions defer Jan 30-31 strike

The United Forum of Bank Unions (UFBU) has deferred the two-day nationwide bank strike on January 30-31 following an understanding at the conciliation meeting held in Mumbai, said C.H.Venkatachalam, General Secretary, All India Bank Employees' Association (AIBEA).

Jan 28, 2023

Hindenburg Report Impact: Adani shares plunge by 20%, Sensex down by 700 points

As per the Bloomberg Billionaires Index, Gautam Adani lost about $6 billion (₹48,600 crore), down nearly 5%, a day after Hindenburg report was released

Jan 27, 2023

Hidenburg report on Adani Group: "No small matter", Congress demands probe by SEBI

Congress on Friday said financial instability will affect India's stature abroad, and demanded an investigation by Sebi on the Hidenburg report on Adani group

Jan 27, 2023

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

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Business news

Sensex, Nifty turn flat; investors brace for Union Budget and fed's policy outcome

COO Interview: William Kok, the Future of Global Infrastructure Analysis

10-yr tax holiday, less holding period of ESOP shares: Startups on Union Budget

Stock market falls sharply as Hindenburg report intensifies selling pressure on D-Street; Sensex below 59,000, Nifty around 17,500

Will LIC sustain net gains of Rs 27,300 crore from investments in Adani Group shares?

What if Adani's FPO fails? No plans to reduce price, may postpone expansion plan, says CFO

Adani counters Hindenburg's 219-page accusations with scathing 413-page rebuttal [details]

Rail Budget 2023-24: Focus on incomplete projects, big push for Make in India

Bank unions defer Jan 30-31 strike

Hindenburg Report Impact: Adani shares plunge by 20%, Sensex down by 700 points

Hidenburg report on Adani Group: "No small matter", Congress demands probe by SEBI

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

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]