IBT Business Desk

Articles by IBT Business Desk

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sbi bonus issue, sbi bonus history, sbi q4 results, sbi share price, state bank of india q4 results, sbi chairperson arundhati, sbi merger, sbi sensex

Beware of SBI's fake reward point claims; fraudulent messages can compromise your data

In a statement shared on its official X (formerly Twitter) account, SBI clarified that it never sends such messages and urged users not to engage with the links.

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

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

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

Advanced H5N1 kit to help in early, rapid detection of bird flu

Amid rising threats of bird flu killing hundreds of birds and also spilling over to some mammals and even humans, a global research team on Friday announced Steadfast, an advanced diagnostic kit for detecting the highly pathogenic H5N1 Avian Influenza Virus (AIV).

Nov 22, 2024

Sensex hits 85,000 for first time, Nifty trades at all-time high

Sensex Soars 459 Points As Indian Stock Market Opens On A Positive Note

The Indian stock market opened in green on Friday amid fresh tensions between Russia and Ukraine, as buying was seen in PSU bank, and realty sectors.

Nov 22, 2024

Chip giant Nvidia to design new AI chips every year: CEO

Nvidia reports strong revenue growth at $35.1 billion in AI era

World's largest company Nvidia reported strong results for its third quarter (ended October 27) at $35.1 billion, up 17 per cent from the previous quarter and up 94 per cent from a year ago.

Nov 21, 2024

Delhi's Khan Market ranked as 22nd most expensive market globally

Delhi's Khan Market ranked as 22nd most expensive high street globally

Delhi's Khan Market has been ranked as 22nd most expensive main street globally, retaining its position and continuing to be India's most expensive high street, registering a 7 per cent (year-on-year) rental growth.

Nov 21, 2024

Sensex ends 422 points down, Nifty below 23,350 over weak global sentiment

Indian equity indices closed in the red on Thursday as sentiment around the globe was weakened due to rising tensions between Russia and Ukraine.

Nov 21, 2024

EPFO adds 18.8 lakh members in September as employment rises

The Employees' Provident Fund Organisation (EPFO) has registered a net addition of 18.81 lakh members during September this year which represents a 9.33 per cent growth compared to the same month last year

Nov 21, 2024

Stock Market Down, Bear Market, Bearish, Sensex Down

Stock market opens in red amid rising Russia-Ukraine tensions

The Indian stock market opened in red on Thursday amid rising Russia-Ukraine war tensions. Heavy selling was seen in the PSU bank sector in early trade and Nifty PSU Bank was down by more than 4 per cent.

Nov 21, 2024

Optiemus begins telecom equipment manufacturing with Tejas Networks

Industry hails SC granting telcos right to claim tax credits on infra duties

Industry players on Wednesday welcomed the Supreme Court's ruling in favour of telecom companies, which affirmed their entitlement to claim credit for duties paid on parts such as tower components and green shelters.

Nov 20, 2024

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

Average Home Price in India's Top 7 Cities Hits ₹1.23 Crore, a 23% Increase

As disposable income and private consumption surge, the average price of homes sold in top seven cities was Rs 1.23 crore in the first six months this fiscal, against Rs 1 crore in the corresponding period of FY24, an increase of 23 per cent (year-on-year)

Nov 20, 2024

India's Insurtech Industry Achieves 12X Revenue Growth Over Five Years

India's insurtech sector has delivered 12 times revenue growth over the last 5 years, with cumulative funding surpassing $2.5 billion and ecosystem valuation over $13.6 billion, a report showed on Wednesday.

Nov 20, 2024

India sees 40 pc rise in PE/VC investment at $4.7 billion in Oct

India Reports 40% Surge in PE and VC Investments, Reaching $4.7 Billion in October

India saw private equity/venture capitalist investments worth $4.7 billion across 91 deals in October, a 40 per cent increase from September, a report showed on Wednesday.

Nov 20, 2024

On World Fisheries Day, new schemes to be launched to push growth

World Fisheries Day: New schemes lined up to be launched tomorrow

The Centre's Department of Fisheries will celebrate World Fisheries Day (WFD) on Thursday, recognising the role and contribution of fisherfolk, and fish farmers in the overall growth of the sector, and demonstrating solidarity with all stakeholders throughout the world

Nov 20, 2024

Third Wave Coffee's net losses grow over 2 times to Rs 110 crore in FY24

Specialty coffee chain Third Wave Coffee saw its net losses grow more than two times (year-on-year) to Rs 110 crore last fiscal (FY24).

Nov 19, 2024

Adani Airport Holdings likely to list in next 2-3 years: Report

The initial public offering (IPO) of Adani Airport Holdings Limited (AAHL), the airport unit of the diversified Adani Group, is likely to go for its public debut in the next two to three years.

Nov 19, 2024

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Articles by IBT Business Desk

Beware of SBI's fake reward point claims; fraudulent messages can compromise your data

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

Adani Group stocks rebound as Sensex and Nifty surge

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

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

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

Advanced H5N1 kit to help in early, rapid detection of bird flu

Sensex Soars 459 Points As Indian Stock Market Opens On A Positive Note

Nvidia reports strong revenue growth at $35.1 billion in AI era

Delhi's Khan Market ranked as 22nd most expensive high street globally

Sensex ends 422 points down, Nifty below 23,350 over weak global sentiment

EPFO adds 18.8 lakh members in September as employment rises

Stock market opens in red amid rising Russia-Ukraine tensions

Industry hails SC granting telcos right to claim tax credits on infra duties

Average Home Price in India's Top 7 Cities Hits ₹1.23 Crore, a 23% Increase

India's Insurtech Industry Achieves 12X Revenue Growth Over Five Years

India Reports 40% Surge in PE and VC Investments, Reaching $4.7 Billion in October

World Fisheries Day: New schemes lined up to be launched tomorrow

Third Wave Coffee's net losses grow over 2 times to Rs 110 crore in FY24

Adani Airport Holdings likely to list in next 2-3 years: Report

Ranveer Singh touches Sanjay Leela Bhansali's feet; Sara Ali Khan, Aditi Rao Hydari radiate in ethnic outfits at reception

Omar lambasts "arrogant" Congress after BJP's historic victory; Mehbooba reacts [details]

BJP leads in 53 seats, crosses majority mark in Chhattisgarh

Ranbir Kapoor's fans burst crackers inside theatres during Animal screening; fans say 'low budget Salman Khan' fans'