Markets

Byju's settles dues in Aakash deal, pays $234 million to Blackstone

The settlement comes at a time when Byju's is apparently facing the crisis of its lifetime

Sep 24, 2022

Sensex falls sharply by 600 points, Indian Rupee weakens to Rs.80.71

Sensex falls sharply by 600 points, and Indian Rupee weakens to Rs.80.71, lowest level in 20 years

Sep 23, 2022

US Fed delivers another big interest rate hike, Sensex falls, rupee at Rs 80.45 per dollar

The 0.75 hike was the fourth in 2022, which is expected to impact other markets and the global economies and currencies.

Sep 22, 2022

For non-profits wanting to get listed on Social Stock Exchange, there should be no I-T notice or scrutiny: SEBI

The SEBI on Monday proposed a new framework for the Social Stock Exchange (SSE). This new framework would allow the listing of non-profit organisations (NPO).

Sep 21, 2022

Adani group's market valuation stands at $260 billion: Gautam Adani

In a speech made at an event to mark the completion of the ACC-Ambuja Cements acquisition on September 17, Adani said this acquisition is India's largest ever inbound M&A transaction in the infrastructure and materials space and closed in a record time of four months.

Sep 19, 2022

Sensex opens above 60,500 points Tuesday, 4th straight positive session

Indices open above 60,500 points Tuesday, 4th straight positive session showing higher confidence levels in the market.

Sep 13, 2022

Anand Mahindra takes new pledge after Cyrus Mistry's death, Bloomberg criticizes Indian roads

Aged 54, Cyrus Mistry died in a car accident on Sunday on his way to Mumbai from Gujarat's Udwada

Sep 5, 2022

India eyes 25 million tons of green hydrogen production by 2047 to curb energy imports

With green hydrogen, India aims to reduce fuel imports and wean the economy off fossil fuels to meet climate targets

Sep 4, 2022

Stock Markets closure: Indices ends sharply up, Sensex up over 1,500 points

Benchmark indices ended sharply up on Tuesday after falling sharply on Monday due to delivery-based buying by the FIIs and short covering in the F&O market, dealers said.

Aug 30, 2022

Centre's show-cause notices to manufactures/importers of weighing & measuring instruments

Keeping in view the unauthorised sale of weighing and measuring instruments on e-commerce sites, the Centre has issued show cause notices to the manufacturers and importers for seeking details of compliance.

Aug 30, 2022

Indian rupee declines sharply to a record low, one dollar equals Rs. 80.14

At 11 a.m., the rupee was trading at 80.04, as compared to 79.86 close on the previous trading session against the US dollar.

Aug 29, 2022

Bitcoin plunges below $20K, may reach $10K level this year [details]

Bitcoin prices had stabilised around the $23,000 to $24,000 level after plunging below $20,000 in June.

Aug 28, 2022

Sequoia Capital India sells 17.2 crore Zomato shares; brings down stake to 4.4% [details]

Zomato said Sequoia Capital India sold some 6.7 crore shares in the September 6-October 14, 2021 period and 10.5 crore shares between June 27-August 25, 2022.

Aug 26, 2022

Who gets what in Rakesh Jhunjhunwala's will, family bequethed Rs. 50K Cr

Known for his value investing model, the Big Bull was known to own 35 company holdings

Aug 25, 2022

RBI to increase interest rates by another 50-60 bps in 2022

The minutes of the August 22 Monetary Policy Committee of the RBI highlights that inflation continues to remain the key concern for the MPC members despite a deceleration in the overall price momentum after a peak of 7.8 per cent recorded in April, Acuite Ratings said in a note.

Aug 23, 2022

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