IBT Business Desk

Articles by IBT Business Desk

Email : editor@ibtimes.co.in

Vistara merger with Air India next month, to get 'AI2' flight number

National carrier Air India on Wednesday said that flights operated by Vistara will start using the flight code 'AI2' after the merger of the two airlines next month.

Oct 2, 2024

Ola Electric's EV market share drops to 27 pc as problems mount

Ola Electric's EV Market Share Falls to 27% Amid Growing Challenges

Bhavish Aggarwal-run Ola Electric continues to lose its market share in the Indian EV market and in the month of September, it further dropped to 27 per cent amid rising competition as well as its crippling service centres.

Oct 2, 2024

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

Ola Electric share tanks 4 pc, trades below Rs 100 for 1st time

Shares of Ola Electric Mobility fell more than 4 per cent on Monday and slipped below the Rs 100 mark for the first time since its listing last month.

Oct 1, 2024

Fidelity reduces value of Musk's X by 79 pc, platform likely worth $9.4 bn

Musk's X downgraded 79% by Fidelity, platform likely worth $9.4 bn now

Global investment firm Fidelity has reduce the value of its holding in Elon Musk-run X (formerly Twitter) by a massive 78.7 per cent, which implies that the X social media platform is likely valued at just $9.4 billion.

Sep 30, 2024

pradhan-mantri-jan-dhan-yojana-would-fight-poverty-in-the-country-modi

Millions of PMJDY bank accounts join mainstream, help companies sell more in rural India

There has been a significant uptick in rural private consumption in India, thanks to the Pradhan Mantri Jan Dhan Yojana (PMJDY), which has helped millions open bank accounts seamlessly and join the mainstream.

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

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

GreenLine partners with Sterlite Copper to enhance sustainable logistics

GreenLine Mobility Solutions Ltd, a key player in Essar's Green Mobility initiative, has announced its partnership with Sterlite Copper, a unit of Vedanta Ltd, to advance the deployment of its liquefied natural gas (LNG) powered vehicles and further decarbonise Sterlite Copper's transportation operations.

Sep 26, 2024

Chinese stainless steel plates face anti-dumping probe

Anti-Dumping Probe Launched Against Chinese Stainless Steel Plates

South Korea plans to launch an antidumping investigation into stainless steel plates imported from China after a local company claimed that cheap imports have damaged the domestic market, the industry ministry said on Thursday.

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

Centre fixes 320 lakh tonnes wheat procurement target, 6 lakh tonnes for millets

India clocks record foodgrain production at 3,323 lakh metric tonnes in 2023-24

India clocked record foodgrain production at 3,322.98 LMT (lakh metric tonnes) in the agriculture year 2023-24 -- higher by 26.11 LMT than the production of foodgrains at 3,296.87 LMT achieved during agriculture year 2022-23.

Sep 25, 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

India-UAE bilateral trade set to surpass $100 billion target before 2030

The bilateral trade between India and the United Arab Emirates (UAE) is on track to surpass the $100 billion target well before 2030, underscored by a notable 12.7 per cent (year-on-year) increase, according to a report on Tuesday.

Sep 24, 2024

Ola Electric's share nosedives further, analysts warn investors to remain cautious

Bhavish Aggarwal-run Ola Electric shares nosedived further on Monday, as market analysts warned retail investors not to go bullish on the stock yet, owing to its speculative valuation amid rising competition.

Sep 23, 2024

Market outlook: Futures and options expiry, FII data and global cues key factors next week

The stock market witnessed a sharp rally last week driven by the US Fed Reserve's rate cut. Next week's market outlook depends upon several factors like foreign institutional investors (FIIs) activities, futures and options (F&O) monthly expiry, crude oil prices and global macroeconomic data.

Sep 22, 2024

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Articles by IBT Business Desk

Vistara merger with Air India next month, to get 'AI2' flight number

Ola Electric's EV Market Share Falls to 27% Amid Growing Challenges

Ola Electric share tanks 4 pc, trades below Rs 100 for 1st time

Musk's X downgraded 79% by Fidelity, platform likely worth $9.4 bn now

Millions of PMJDY bank accounts join mainstream, help companies sell more in rural India

IPO market buzz continues next week with 3 new public issues

Swiggy files DRHP with SEBI; gears up for blockbuster IPO

GreenLine partners with Sterlite Copper to enhance sustainable logistics

Anti-Dumping Probe Launched Against Chinese Stainless Steel Plates

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

India clocks record foodgrain production at 3,323 lakh metric tonnes in 2023-24

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

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

India-UAE bilateral trade set to surpass $100 billion target before 2030

Ola Electric's share nosedives further, analysts warn investors to remain cautious

Market outlook: Futures and options expiry, FII data and global cues key factors next week

Sensex closes at all-time high, Nifty near 25,800

Stock Market: Sensex crosses 84,000 for first time, Nifty hits record high

Sensex trades higher echoing Asian, US market cues

India set to become third-largest economy by FY30-31: S&P Global

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'