IBT Business Desk

Articles by IBT Business Desk

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Loan limit under PM Mudra Yojana raised to Rs 20 lakh from Rs 10 lakh

The limit of Mudra loans under the Pradhan Mantri Mudra Yojana (PMMY) has been enhanced from the current Rs 10 lakh to Rs 20 lakh in keeping with the announcement by Finance Minister Nirmala Sitharaman in the Union Budget 2024-25

Oct 25, 2024

Adani Group's ACC Ltd clocks highest quarterly revenue at Rs 4,614 crore in Q2

Cement and building materials leader ACC Ltd, part of the diversified Adani Group, on Thursday reported the highest quarterly revenue at Rs 4,614 crore, up 4 per cent (year-on-year).

Oct 24, 2024

Wayanad is not ready to accept Priyanka Gandhi, says BJP candidate Navya Haridas

Navya Haridas, the BJP candidate from Wayanad, on Thursday, expressed confidence in winning the upcoming Lok Sabha bypoll, asserting that the people of the constituency are "not ready to accept" Congress leader Priyanka Gandhi Vadra as their representative.

Oct 24, 2024

Indian stock market opens flat as FII outflow continues

The Indian stock market opened flat on Thursday as buying was seen in auto, IT, PSU bank, financial services and pharma sectors during the early trade.

Oct 24, 2024

Sensex ends lower, market trend remains positive

The Indian stock market closed marginally low on Wednesday as selling was seen in auto, pharma, and metal sectors.

Oct 23, 2024

Indian share market opens flat, HDFC Bank and TCS among top gainers

The Indian stock market opened flat on Wednesday as buying was seen in the IT, financial services, FMCG and metal sectors in the early trade.

Oct 23, 2024

Paytm sells entertainment ticketing business to Zomato for Rs 2,048 crore

Zomato clocks over 30 pc net profit loss in Q2, to raise Rs 8,500 crore via QIP

Online food aggregator Zomato on Tuesday reported over 30 per cent loss in net profit at Rs 176 crore (quarter-on-quarter) in the July-September period, from Rs 253 crore in the previous quarter (Q1 FY25).

Oct 22, 2024

Petrol pumps in Rajasthan to remain shut from March 10-12 to protest high VAT

Lower petrol and diesel consumption, make transportation sustainable in India: Experts

As the enterprises strive to embed the environmental, social, and governance (ESG) framework into their core business model, industry experts on Tuesday said they are trying to make transportation in India more sustainable by lowering the consumption of petroleum and diesel.

Oct 22, 2024

Adani Group's Ambuja Cements acquires 47 pc stake in Orient Cement for Rs 8,100 crore

Cemented Deal: Adani Group's Ambuja Cement Finalizes 47% Stake in Orient Cement

Ambuja Cements, the cement and building material company of the diversified Adani Group, on Tuesday announced to acquire Orient Cement Ltd (OCL) at an equity value of Rs 8,100 crore.

Oct 22, 2024

Sensex closes flat, ICICI Bank and Bajaj Finserv top gainers

Sensex opens in green but slips by 443 points

The Indian stock market opened in green on Tuesday as buying was seen in the IT and pharma sectors in early trade.

Oct 22, 2024

'The clock has stopped ticking': Ratan Tata passes away at 86; PM Modi, Anand Mahindra, Harsh Goneka pay heartfelt tributes

Tata best business group in India, Ratan Tata was a humble figure: Mark Mobius

Terming Tata Group the best business group in India, global investor Mark Mobius on Monday recalled that he had met the (recently-deceased) Ratan Tata a few years ago and "despite being a titan of the Indian Industry, he was very humble".

Oct 21, 2024

Zepto CEO credits govt's role for India's startup growth

Zepto CEO credits Modi govt for mushrooming of start-ups

Aadit Palicha, Co-Founder & CEO of Zepto credited Modi government for creating an 'enabling' atmosphere for mushrooming of start-ups and expressed optimism that the the greenhorn businesses will power the next phase of growth.

Oct 21, 2024

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Market Closure: Sensex and Nifty drop lower, Tata Consumer and Kotak Mahindra Bank top losers

The Indian stock market closed in red on Monday as IT and PSU banks remained under pressure at the end of trading.

Oct 21, 2024

SEBI gives approval to Niva Bupa for Rs 3,000 crore IPO

Niva Bupa Health Insurance on Monday said it has received final approval from the capital markets regulator, the Securities and Exchange Board of India (SEBI), to raise Rs 3,000 crore through an initial public offering (IPO).

Oct 21, 2024

India sees all-time high deal numbers in real estate sector in July-Sep

Foreign investors infuse $436 mn in India's real estate sector, 139 pc YOY increase in Q3 2024

Institutional investments in India's real estate sector witnessed an annual growth of 41 per cent in Q3 2024, reaching $0.96 billion.

Oct 21, 2024

Probe unfair, predatory practices by quick commerce platforms: AICPDF to CCI

The All India Consumer Products Distributors Federation (AICPDF), which represents 4 lakh distributors across the country, on Sunday said it has written to the Competition Commission of India (CCI) about unfair practices like predatory pricing by quick commerce players like Blinkit, Zomato, Swiggy, and others.

Oct 21, 2024

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Articles by IBT Business Desk

Loan limit under PM Mudra Yojana raised to Rs 20 lakh from Rs 10 lakh

Adani Group's ACC Ltd clocks highest quarterly revenue at Rs 4,614 crore in Q2

Wayanad is not ready to accept Priyanka Gandhi, says BJP candidate Navya Haridas

Indian stock market opens flat as FII outflow continues

Sensex ends lower, market trend remains positive

Indian share market opens flat, HDFC Bank and TCS among top gainers

Zomato clocks over 30 pc net profit loss in Q2, to raise Rs 8,500 crore via QIP

Lower petrol and diesel consumption, make transportation sustainable in India: Experts

Cemented Deal: Adani Group's Ambuja Cement Finalizes 47% Stake in Orient Cement

Sensex opens in green but slips by 443 points

Tata best business group in India, Ratan Tata was a humble figure: Mark Mobius

Zepto CEO credits Modi govt for mushrooming of start-ups

Market Closure: Sensex and Nifty drop lower, Tata Consumer and Kotak Mahindra Bank top losers

SEBI gives approval to Niva Bupa for Rs 3,000 crore IPO

Foreign investors infuse $436 mn in India's real estate sector, 139 pc YOY increase in Q3 2024

Probe unfair, predatory practices by quick commerce platforms: AICPDF to CCI

Indian stock market opens in green, Sensex rises 429 points; Led by Auto, IT and bank sectors

Maldivian President decides to introduce India's UPI in Maldives

Indian Stock Market : Long-term outlook for domestic market remains robust amid geopolitical risks

IPO boom: Hyundai Motor India public issue subscribed over 2 times on last day

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'