Search result for 'cap'

US AI Chip Export Restrictions Threaten India's Plans

January 15, 2025 20:02

Proposed US restrictions on AI chip exports to India could impact the country's AI hardware plans, potentially delaying large-scale AI data centers and impacting India's AI infrastructure growth.

CREDAI Urges 15% Tax on Affordable Housing in Budget 2025

January 15, 2025 12:50

CREDAI, representing 13,000 developers, proposes a 15% income tax rate on affordable housing projects in the upcoming Budget, advocating for increased supply and lower home prices.

India Sees No Disruption in Russian Oil Supplies for 2 Months

January 13, 2025 19:00

India, the world's third largest oil importer, expects no disruption in Russian oil supply for two months despite US sanctions on Russian energy trade. However, Indian refineries are likely to shun...

Market Slump Wipes Out Rs 24.69 Lakh Cr: Investors' Wealth Hit

January 13, 2025 17:50

Indian stock markets suffered a four-day slump, eroding Rs 24.69 lakh crore of investor wealth. Global crude price surge, FPI outflows, and a strong US jobs report contributed to the decline.

IBA Urges Tax Holidays for Compressed Biogas Production

January 12, 2025 11:30

Indian Biogas Association (IBA) has urged the finance ministry to implement corporate tax holidays for compressed biogas (CBG) production in the upcoming budget.

Indian Market Slumps: Investors Lose Rs 12 Lakh Crore

January 10, 2025 18:45

Indian stock market suffers a three-day decline, wiping out Rs 12 lakh crore in investor wealth due to foreign fund outflows and earnings concerns.

E-learning Sector Booms: 67% Rise in Skill Training

January 9, 2025 21:28

The e-learning sector saw a 67% increase in students pursuing skill training since 2019, with web development, digital marketing, and general aptitude leading the way. Read more about the latest...

Equity MF Inflows Surge 14% in Dec, Small & Mid-Cap Funds Hit Record Highs

January 9, 2025 14:57

Mutual fund equity schemes saw a 14% increase in inflows in December, reaching Rs 41,156 crore, despite market volatility. Small and mid-cap funds continue to attract record investments, while SIPs...

IC814 Captain Devi Sharan Retires After 40 Years

January 6, 2025 16:55

Captain Devi Sharan, pilot of the hijacked Indian Airlines flight IC814, retired after 40 years of service. He flew his last flight on January 4, 2024.

Accel Raises $650 Million for Indian Startups: AI, Fintech, Consumer, Manufacturing

January 6, 2025 12:33

Accel, a leading VC firm, announces a USD 650 million fund for early-stage startups in India and Southeast Asia, focusing on AI, consumer, fintech, and manufacturing.

Apparel Exporters Seek Tax Incentives in Budget

January 4, 2025 15:16

Apparel exporters urge the Indian government to provide tax incentives in the upcoming budget to boost garment shipments, including removing a provision requiring payments to MSMEs within 45 days...

UPI App Market Cap Deadline Extended to 2026

January 1, 2025 17:27

NPCI extends the 30% volume cap deadline for UPI apps like PhonePe and Google Pay by two years to December 2026, giving them more time to comply.

WhatsApp Pay Now Open to All UPI Users in India

December 31, 2024 17:50

NPCI has lifted the limit on WhatsApp Pay UPI user onboarding, allowing the app to extend services to its entire user base in India.

Indian Stock Market Soars in 2024: Sensex Gains 8%, Investors Wealth Up Rs 77.66 Lakh Crore

December 31, 2024 17:36

India's stock market closed 2024 with impressive gains, boosting investor wealth by a massive Rs 77.66 lakh crore. Sensex surged over 8%, marking Nifty's ninth consecutive year of positive returns.

Top 10 Indian Firms Mcap: HDFC Bank, RIL Gain - Business News

December 29, 2024 10:20

Six of India's top 10 most valued companies saw a combined market cap increase of Rs 86,847.88 crore last week, with HDFC Bank and Reliance Industries leading the gains.

Sebi Withdraws ICEX Recognition: Exit From Commodity Exchange Business

December 27, 2024 18:22

Sebi has formally withdrawn the recognition granted to ICEX, marking its exit from the commodity exchange business. The decision follows ICEX's surrender of recognition due to regulatory...

Indian Exporters Seek Funds to Target US Amid China Trade Tensions

December 26, 2024 15:17

Indian exporters seek Rs 750 crore to tap into US export potential amid tariff threats on Chinese goods. They also seek extension of Interest Equalisation Scheme and tax benefits.

Small-Cap Stocks Shine: D-Street Minnows Deliver Big Returns in 2024

December 26, 2024 11:45

Indian small-cap and mid-cap stocks have soared in 2024, driven by strong domestic liquidity, robust economic fundamentals, and government initiatives. Experts predict continued growth in these...

J''K Bank Appoints New MD: Amitava Chatterjee

December 25, 2024 18:19

J''K Bank has appointed Amitava Chatterjee, former Deputy Managing Director of SBI, as its new MD and CEO, effective December 30, 2024.

India's FDI Inflows to Continue in 2025: DPIIT

December 25, 2024 11:42

India's FDI inflows are projected to remain strong in 2025, driven by government initiatives to improve the business environment and attract foreign investment. Read more about the factors...

Trai Mandates Separate Voice, SMS Recharge Vouchers

December 23, 2024 20:52

Trai mandates telcos to issue separate recharge vouchers for voice and SMS only, removing the 90-day cap on special recharge coupons and extending it to 365 days. This move aims to provide...

Gold Price Rises Rs 570, Snaps 3-Day Losing Streak - Moneycontrol

December 23, 2024 18:02

Gold prices surged Rs 570 to Rs 78,700 per 10 grams in Delhi on Monday, snapping a 3-day losing streak, driven by value buying and a firm global trend. Silver also climbed Rs 1,850 to Rs 90,000 per...

Sebi Suspends Trading in Bharat Global Developers

December 23, 2024 11:04

Sebi suspends trading in Bharat Global Developers Ltd for financial misrepresentation, misleading disclosures, price manipulation, and offloading shares at inflated prices.

Sebi Suspends Trading in Bharat Global Developers

December 23, 2024 11:04

Sebi suspends trading in Bharat Global Developers for financial misrepresentation, misleading disclosures, and price manipulation. The regulator also barred the company's management and...

RBI Rate Cut Expectations: New Governor's Focus on Growth

December 22, 2024 15:42

With a new RBI governor at the helm, market watchers anticipate a potential interest rate cut in February. The focus shifts from inflation control to growth, but challenges remain.

IPO Boom in India: Record Rs 1.6 Lakh Cr Raised in 2024

December 22, 2024 11:24

India's IPO market witnessed record fundraising in 2024, reaching Rs 1.6 lakh crore, driven by economic growth and investor confidence. The pipeline for 2025 is even more promising.

FPIs Sell Rs 976 Cr in Indian Equities This Week

December 22, 2024 10:32

Foreign Portfolio Investors (FPIs) pulled out Rs 976 crore from Indian equities this week amid a strengthening US dollar and rising bond yields, impacting investor sentiment.

Nifty 2025 Target: HDFC Securities Predicts 10% Jump, Moderated Returns

December 19, 2024 19:04

HDFC Securities expects Nifty to reach 26,482 points by 2025, but advises investors to moderate their return expectations. The brokerage recommends focusing on large-cap stocks and expects earnings...

Sri Lanka Wins IMF Tax Relief: President Dissanayake

December 18, 2024 16:14

Sri Lanka secures IMF tax relief & car import resumption. President Dissanayake announces agreement, including PAYE tax adjustments and debt restructuring for small businesses.

High Interest Rates Hurt MSME Exporters: DGFT

December 18, 2024 13:31

India's high interest rates are deterring MSME exporters, and the commerce ministry is working with the finance ministry to address the issue. DGFT Director General Santosh Kumar Sarangi...

Biden Admin Eases H-1B Visa Rules: Good News for Tech Workers?

December 18, 2024 09:34

The Biden administration has made it easier for US companies to hire foreign workers with H-1B visas, potentially benefiting thousands of Indian tech professionals. Learn about the changes and...

Reliance NU Suntech Wins 930 MW Solar, 465 MW Battery Project

December 17, 2024 15:07

Reliance NU Suntech secures a 930 MW solar project and 465 MW battery energy storage system from SECI, marking a significant milestone in India's renewable energy sector.

P2P Lending NPAs Surge to Rs 1,163 cr in FY24

December 16, 2024 21:09

Bad loans of peer-to-peer lenders in India more than doubled to Rs 1,163 crore in FY24, highlighting stress in the sector amidst stricter regulations.

India's Exports Decline: FIEO Urges Liquidity Measures

December 16, 2024 20:33

India's export growth slowed in November, prompting FIEO to call for government intervention. The organization seeks liquidity support, higher interest subvention, and the extension of RoDTEP...

Vedanta Declares Rs 8.5 Interim Dividend for FY25

December 16, 2024 19:45

Vedanta Ltd announces a fourth interim dividend of Rs 8.5 per share for FY25, bringing the total interim dividend to Rs 43.5 per share. The record date for payment is December 24.

India's Russian Oil Imports Drop in November

December 15, 2024 11:39

India's imports of Russian crude oil fell in November, but Russia remains India's largest oil supplier despite discounts shrinking. Read more.

Senco Gold Raises Rs 459 Crore via QIP

December 14, 2024 17:13

Senco Gold Limited raised Rs 459 crore through a Qualified Institutions Placement (QIP) by allotting 40.8 lakh equity shares. The funds will be used to fuel the company's growth and expansion.

Nuvama Wealth Acquires Rs 100 cr in OYO Shares

December 13, 2024 14:27

Nuvama Wealth has invested Rs 100 crore in OYO's parent firm Oravel Stays Limited through a secondary market transaction, valuing the travel tech unicorn at USD 4.6 billion. The investment comes as...

Reliance Signs $12-13 Billion Oil Deal with Rosneft

December 12, 2024 18:56

Reliance Industries has signed a 10-year deal to import USD 12-13 billion worth of crude oil annually from Russia's Rosneft. The deal comes as India becomes a major buyer of Russian oil following...

Sensex, Nifty Rise on US Inflation Data

December 11, 2024 10:14

Sensex and Nifty gained in volatile trade ahead of US inflation data, with investors watching for cues on the Federal Reserve's interest rate decision.

Sebi Allows Indian Commodity Exchange (ICEX) to Exit Bourse

December 10, 2024 17:54

Sebi has permitted Indian Commodity Exchange (ICEX) to exit the bourse after its recognition was withdrawn due to non-compliance with regulations. ICEX will surrender its recognition and exit the...

Rupee Steady at 84.70, RBI Keeps Rates Unchanged

December 6, 2024 15:55

The Indian rupee closed at 84.70 against the US dollar on Friday, appreciating slightly as the Reserve Bank of India left interest rates unchanged but cut the cash reserve ratio.

RBI Raises Rate Caps on Diaspora Deposits to Attract Flows

December 6, 2024 11:51

The Reserve Bank of India has increased interest rate caps on foreign currency deposits for the diaspora, aiming to attract more capital inflows amid rupee depreciation. This move aims to address...

Indian Markets Rise on IT Stocks, FIIs Inflows - Sensex Up 242 Points

December 5, 2024 09:59

Indian benchmark indices Sensex and Nifty climbed in early trade on Thursday, driven by buying in IT stocks, US market rally, and fresh foreign fund inflows. Infosys, TCS, Bharti Airtel, UltraTech...

Life Insurance Employees Demand GST Removal, FDI Cap

November 30, 2024 16:38

The All India Life Insurance Employees' Federation (AINLIEF) is calling for the withdrawal of GST on insurance premiums, no further FDI hike, and the reinstatement of the old pension scheme.

Reliance Tops Wizikey Media Visibility Rankings for 2024

November 30, 2024 12:26

Reliance Industries maintains its dominance in Wizikey's News Score ranking for 2024, leading in media visibility among listed Indian companies.

Zomato Raises USD 1 Billion via QIP: Motilal Oswal, ICICI Prudential Invest

November 29, 2024 16:16

Zomato raises Rs 8,500 crore through QIP, led by domestic investors like Motilal Oswal and ICICI Prudential, to fuel expansion and growth.

ShareChat Reduces Losses Sharply in FY24, Eyes IPO in 18-24 Months

November 26, 2024 14:48

ShareChat reports a 67% decline in adjusted EBITDA losses to Rs 793 crore in FY24, with revenue growth of 33%. The company is on track for cash breakeven by March 2025 and exploring an IPO in the...

Gold Plunges Rs 1,000, Silver Drops Rs 1,600: Weak Global Trends Weigh on Prices

November 25, 2024 17:40

Gold prices tumbled Rs 1,000 to Rs 79,400 per 10 grams on Monday, driven by weak global trends. Silver also declined, closing at Rs 91,700 per kg. The decline was attributed to profit booking after...

CREDAI Demands Tax Breaks to Boost Housing Demand

November 25, 2024 14:53

CREDAI urges government to revise affordable housing definition, offer 100% deduction on home loan interest and reduce GST on under-construction homes to boost demand.

Aurobindo Partners with Global Pharma for Respiratory Products

November 23, 2024 18:31

Aurobindo Pharma's US subsidiary has partnered with a global pharma company to develop and commercialize respiratory products. The partnership involves a cost-sharing agreement and global...

IBBI Proposes Mandatory Monitoring Committees for IBC Resolution Plans

November 20, 2024 22:29

IBBI proposes mandatory monitoring committees for resolution plans under the Insolvency and Bankruptcy Code (IBC) to ensure smooth implementation and bolster confidence in the process. The move...

UPI Transactions Decline Rate Falls to 0.8%: NPCI

November 19, 2024 21:16

NPCI reports UPI technical decline rates have fallen to 0.8% from 8-10% in 2016. UPI Lite aims to ease server pressure for low-ticket transactions. Learn more.

Punit Goenka Resigns as Zee MD, Appointed CEO

November 19, 2024 00:13

Punit Goenka steps down as Managing Director of Zee Entertainment, assuming the role of CEO to focus on operational responsibilities. Mukund Galgali appointed Deputy CEO.

Dr Reddy's & FDC Recall Products in US for Manufacturing Issues

November 17, 2024 11:25

Dr Reddy's Laboratories and FDC Ltd are recalling generic medications in the US due to manufacturing issues. The recall affects Morphine Sulfate extended-release tablets and Timolol Maleate...

Top 10 Firms Lose Rs 1.65 Lakh Cr in Mcap

November 17, 2024 10:15

Eight of India's top 10 firms lost Rs 1.65 lakh crore in market valuation last week, with HDFC Bank and SBI bearing the brunt of the losses. The decline was attributed to concerns over rising...

CLSA Shifts Focus Back to India, Cuts China Exposure

November 15, 2024 16:54

Global brokerage CLSA reverses its strategy, increasing India allocation and cutting China exposure due to challenges facing Chinese markets post Trump's win.

Swiggy Shares Slump 6% After Market Debut

November 14, 2024 18:06

Swiggy shares fell nearly 6% on Thursday, erasing Rs 5,842.35 crore from its market valuation. The company's IPO had a price range of Rs 371-390 apiece.

Sebi Proposes Raising Angel Fund Investment Limit to Rs 25 cr

November 13, 2024 18:59

Sebi proposes raising the maximum investment limit by an angel fund in a startup to Rs 25 crore, aiming to boost new-age technology companies.

Maharashtra Election Merchandise Sales Hit by Wholesale Shift

November 13, 2024 09:17

Maharashtra's election merchandise retail market faces a slump as political parties shift to direct bulk purchases from wholesalers, leaving retailers struggling with reduced demand and shrinking...

WTO Accuses India of Excessive Wheat, Rice Support

November 11, 2024 18:55

Argentina, Australia, Canada, Ukraine, and the US allege India's market support for wheat and rice distorts global trade, exceeding WTO limits. India plans to respond.

Rupee Hits All-Time Low at 84.38 vs US Dollar

November 11, 2024 09:54

The Indian rupee fell to a record low of 84.38 against the US dollar in early trade on Monday, driven by foreign fund outflows and weak domestic equities.

India Now Biggest EU Fuel Exporter, Russian Oil Refinement Loophole

November 10, 2024 12:32

India's fuel exports to the EU soared, likely fueled by Russian oil refining. India now biggest exporter of fuel to EU despite price cap.

NSE to Boost Commodities Market with New Contracts

November 8, 2024 16:20

NSE plans to launch new commodities contracts in the coming months, focusing on non-agri commodities. The exchange aims to leverage its reach and financial strength to grow the commodities market...

MSCI India Index Adds BSE, Oberoi Realty, Voltas

November 7, 2024 12:03

BSE, Oberoi Realty, Voltas, Kalyan Jewellers, and Alkem Laboratories will be added to the MSCI India Index effective November 25, 2024. The changes are part of the latest index review by MSCI.

Reliance Industries Shares Drop 3%, Market Cap Falls Rs 50,205 Cr

November 4, 2024 18:33

Reliance Industries shares fell nearly 3% on Monday, wiping out Rs 50,205.1 crore from market valuation. The decline dragged down benchmark equity indices, with the Sensex falling 1.18% and the...

Sebi Proposes Hedging for REITs, InvITs Using Derivatives

November 3, 2024 10:32

Sebi proposes allowing REITs, InvITs and SM REITs to use interest rate derivatives for hedging risk, along with other measures to enhance investor protection and ease of doing business.

Sebi Proposes Doubling Threshold for HVDLEs to Rs 1,000 cr

November 1, 2024 10:57

Sebi proposes raising the threshold for identifying High Value Debt Listed Entities (HVDLEs) to Rs 1,000 crore from Rs 500 crore to reduce compliance burdens. The regulator also proposes a sunset...

Zepto Founder: Passion, Not Profit, Drove USD 5 Billion Success

October 21, 2024 16:33

Zepto co-founder Aadit Palicha emphasizes passion over profit as the driving force behind the company's USD 5 billion valuation, highlighting the importance of building a transformative platform.

Mid-Cap & Small-Cap Funds Attract Rs 30,350 Cr in H1 FY25

October 20, 2024 11:19

Mid- and small-cap mutual funds saw strong inflows of Rs 30,350 crore in H1 FY25, driven by impressive returns and investor confidence in these segments.

BYD Won't Apply for India's EV Policy Benefits (Short Term)

October 8, 2024 15:35

BYD, a Chinese EV maker, says it won't apply for benefits under India's new EV policy in the short term, focusing on homologation instead. The company is currently importing its new eMAX 7 and SEAL...

RBI Proposes Ban on Banks Circumventing Rules via Group Entities

October 4, 2024 21:16

The Reserve Bank of India has proposed barring banks from using group entities to bypass regulations, including limitations on investments and lending activities.

Reliance Industries Shares Plunge 4%, Market Cap Drops Rs 77,606 Cr

October 3, 2024 18:57

Reliance Industries shares tumbled nearly 4% on Thursday, eroding Rs 77,606.98 crore from its market valuation amid rising Middle East conflict and foreign fund outflows.

Interest Equalisation Scheme Extended for Exporters

September 30, 2024 22:00

India's government extends the interest equalisation scheme for exporters until December 31, 2024, providing crucial support to outbound shipments amidst global economic headwinds.

Reliance Gas Price Hiked to $10.16, CNG Rates Unchanged

September 30, 2024 19:10

India's government raised the price of natural gas produced by Reliance Industries to $10.16 per mmBtu, but CNG and piped cooking gas prices remain unchanged due to a price cap. Learn more about...

Top 10 Indian Firms' Market Cap Surge: Reliance Leads with Rs 53,653 Cr Gain

September 29, 2024 10:20

Eight of India's top 10 most valued companies saw their market capitalisation surge by Rs 1.21 lakh crore last week, with Reliance Industries leading the gains. Read more.

Dharavi Redevelopment: Fadnavis Warns Adani Group

September 26, 2024 22:20

Maharashtra Deputy CM Devendra Fadnavis threatens to revoke Dharavi redevelopment contract from Adani group if they don't follow state govt instructions. Opposition alleges scam in the project.

Rupee Falls 11 Paise to Close at 83.65 Against US Dollar

September 24, 2024 15:58

The Indian rupee depreciated 11 paise to close at 83.65 against the US dollar, weighed down by a muted trend in domestic equities and rising crude oil prices.

Rupee Slips 1 Paisa to 83.55 vs US Dollar, Ends 6-Day Gain

September 23, 2024 15:59

The Indian rupee ended lower against the US dollar on Monday, snapping a six-day winning streak due to a strengthening dollar and rising crude oil prices. The rupee opened higher but gave up gains...

Housing Demand 'Evergreen' in India: CREDAI

September 23, 2024 11:51

CREDAI reports strong housing demand in India despite lower new launches, highlighting the need for increased supply. Experts emphasize the need for streamlining approvals and revising affordable...

Top 10 Indian Companies's Market Cap Jumps Rs 1.97 Lakh Cr

September 22, 2024 10:35

Six of India's top 10 most valued firms saw a combined market valuation surge by Rs 1.97 lakh crore last week, with ICICI Bank and HDFC Bank leading the gains.

Himachal Ends Electricity Subsidy for Industries, Caps Domestic Users at 300 Units

September 20, 2024 21:26

Himachal Pradesh will discontinue the Re 1 per unit electricity subsidy for industrial consumers, while capping the domestic subsidy at 300 units per month. The revised tariff will come into effect...

LIC Mutual Fund Launches New Manufacturing Fund, Targets Rs 60,000 Crore AUM

September 20, 2024 18:59

LIC Mutual Fund has launched a new Manufacturing Fund, an open-ended equity scheme, with a target AUM of Rs 60,000 crore by fiscal-end. The NFO is open till October 4 and the scheme aims to provide...

India to Adopt Nuanced Approach for 'At Risk' NPOs: FATF Report

September 19, 2024 18:53

India will implement a nuanced approach for dealing with 'at risk' NPOs, as per the FATF report. The country has been commended for its efforts to tackle terror financing and money laundering.

Sensex Hits All-Time High After US Rate Cut

September 19, 2024 17:17

Sensex and Nifty surged to record highs on Thursday following the US Fed's rate cut. The benchmark indices closed with minor gains, with NTPC, Nestle, and Titan leading the rally.

Sensex, Nifty Hit Record Highs on US Fed Rate Cut

September 19, 2024 16:01

Indian stock markets soared to record highs on Thursday, driven by the US Fed's surprise rate cut. Sensex and Nifty reached new milestones, led by gains in banking stocks. Find out more about the...

Rupee Rises to 2-Month High at 83.66 vs US Dollar

September 19, 2024 15:57

The Indian Rupee strengthened by 10 paise to hit a two-month high of 83.66 against the US dollar on Thursday, driven by the Fed''s rate cut and strong domestic equities.

SP Group Secures Rs 2,100 Crore Investment from Global Consortium

September 19, 2024 12:06

Shapoorji Pallonji Group receives over Rs 2,100 crore investment from a global investor consortium led by Deutsche Bank. The investment is part of the group's deleveraging strategy.

Sahara Group Depositors Refund Cap Increased to Rs 50,000

September 18, 2024 18:26

The Indian government has raised the refund cap for Sahara Group depositors to Rs 50,000, allowing more small depositors to claim their funds. Over Rs 370 crore has been disbursed so far.

ICICI Bank Hits Record High, Market Cap Crosses Rs 9 Lakh Crore

September 18, 2024 18:07

ICICI Bank's stock surged to a record high, boosting its market capitalization to over Rs 9 lakh crore. The bank now ranks among the top five most-valued companies in India.

Rupee Rises 4 Paise to Close at 83.88 Against US Dollar

September 16, 2024 16:02

The Indian rupee closed higher against the US dollar on Monday, supported by weak American currency and significant foreign fund inflows. However, firm crude oil prices capped sharp gains. Read more.

Reliance Expands Non-Food Area for Higher Margins

September 15, 2024 14:21

Reliance Retail increases non-food & general merchandise space in stores by 50% to boost margins and compete in hyper-local e-commerce.

Top 10 Indian Firms' Market Cap Jumps Rs 2 Lakh Cr: Bharti Airtel Leads

September 15, 2024 10:30

Nine of India's top 10 most valued companies saw their market capitalization rise by Rs 2.01 lakh crore last week, with Bharti Airtel leading the gainers. Read more.

Elon Musk First Trillionaire by 2027: Report

September 9, 2024 17:17

Report predicts Elon Musk will be the world's first trillionaire by 2027, followed by Gautam Adani in 2028 and Mukesh Ambani in 2033.

Declining Bank Credit Hurts Exporters: Meeting with Goyal on Sep 11

September 8, 2024 16:06

Exporters are facing a decline in bank credit, impacting their ability to compete globally. The issue will be raised in a meeting with Commerce Minister Piyush Goyal on September 11.

India Overtakes China in MSCI IMI: $4.5 Billion Equities Inflow Expected

September 6, 2024 21:52

India's increased weighting in the MSCI Emerging Markets Investable Market Index (IMI) could lead to a significant influx of foreign investment, estimated at $4.5 billion. This follows India's...

GIC Re Offer for Sale Oversubscribed - 3.39% Stake Sold

September 4, 2024 15:34

The government's offer for sale of 3.39% stake in General Insurance Corporation (GIC Re) saw a slow start but was oversubscribed by non-retail investors. The offer for sale (OFS) received bids for...

Rupee Falls 7 Paise to 83.92 vs US Dollar - Latest News

September 2, 2024 16:09

The Indian Rupee depreciated 7 paise to close at 83.92 against the US Dollar, driven by weak macroeconomic data but supported by positive domestic markets, easing crude oil prices, and a weaker US...

ITI Mutual Fund Targets Rs 1 Lakh Crore AUM in 5 Years

August 29, 2024 17:59

ITI Mutual Fund aims to reach Rs 1 lakh crore AUM in the next five years, driven by growth in systematic investment plans (SIPs). The fund manager highlights India's economic growth as a key driver...

Karnataka CM Urges Finance Commission to Cap Cesses, Surcharges

August 29, 2024 15:18

Karnataka CM Siddaramaiah has requested the 16th Finance Commission to cap cesses and surcharges at 5% of gross tax revenue and increase vertical devolution to 50%. He also highlighted the state's...

PhonePe Faces Market Cap Challenge for IPO - Fintech News

August 28, 2024 21:17

PhonePe CEO Sameer Nigam discusses the market cap overhang impacting the company's potential IPO. He says PhonePe plans to enter the European market within five years.

Rs 4,136 Cr for 15 GW Hydropower Projects in Northeast India

August 28, 2024 16:10

India's Cabinet approves Rs 4,136 crore for 15 GW hydropower projects in the northeast, aiming to boost regional development and renewable energy.

Rupee Falls 2 Paise to 83.95 Against US Dollar

August 28, 2024 10:00

The Indian Rupee depreciated by 2 paise to 83.95 against the US dollar in early trade on Wednesday, weighed down by a muted trend in domestic equities. Experts believe the RBI is intervening to...

AIMCo, HDFC Life Invest Rs 667 Cr in IndiGrid

August 27, 2024 21:14

Alberta Investment Management Corporation (AIMCo) and HDFC Life will invest Rs 567 crore and Rs 100 crore, respectively, in India Grid Trust (IndiGrid).

Rupee Falls 5 Paise to Close at 83.92 vs US Dollar

August 27, 2024 15:56

The Indian Rupee depreciated by 5 paise to close at 83.92 against the US Dollar on Tuesday, driven by rising crude oil and commodity prices.

Aurobindo, Glenmark, FDC Recall Drugs in US: USFDA

August 26, 2024 19:01

Aurobindo, Glenmark, and FDC are recalling drugs in the US due to manufacturing issues, according to the USFDA. The recalls include pain relief medication, Indomethacin capsules, and Timolol...

Rupee Closes 1 Paisa Higher at 83.89: Flat Note Against US Dollar

August 26, 2024 15:57

The Indian rupee gained in morning trade but settled on a flat note, closing 1 paisa higher at 83.89 against the US dollar. Rising crude oil prices and a stronger dollar index capped gains.

InvestorAi Raises Rs 80 Cr from Ashish Kacholia

August 22, 2024 19:46

InvestorAi, an AI-powered equity investment platform, has raised Rs 80 crore from Ashish Kacholia and associates. The funds will be used for business scaling and new product development.

Paytm Caps Board Member Remuneration at Rs 48 Lakh - PTI

August 21, 2024 22:25

Paytm has proposed reduced remuneration for board members, capping their annual compensation at Rs 48 lakh. The new framework aims for responsible financial discipline and corporate governance.

Rupee Rises 8 Paise to Close at 83.87 vs US Dollar

August 19, 2024 15:56

The Indian rupee appreciated by 8 paise to close at 83.87 against the US dollar on Monday, supported by a weak US dollar and declining crude oil prices.

Rupee Rises 11 Paise to 83.84 vs US Dollar: Early Trade

August 19, 2024 09:46

The Indian rupee appreciated 11 paise to 83.84 against the US dollar in early trade on Monday, driven by positive domestic equities and foreign fund inflows. Learn more about the rupee's movement...

ITI Mutual Fund Aims for Rs 1 Lakh Crore AUM in 5 Years

August 18, 2024 11:21

ITI Mutual Fund targets Rs 1 lakh crore AUM in 5 years, riding India's growth story. CIO Rajesh Bhatia highlights strong market fundamentals and expansion plans.

CBDT Orders I-T Dept to Crack Down on Cash Transactions at Hotels, Hospitals

August 17, 2024 14:30

The CBDT has directed the I-T department to investigate high-value cash transactions in sectors like hotels, hospitals, and luxury brands to curb tax evasion.

Hindustan Zinc to Pay Rs 8,000 Cr Special Dividend

August 15, 2024 16:12

Hindustan Zinc plans to pay a special dividend of Rs 8,000 crore to shareholders, with the government set to receive Rs 2,400 crore. This follows the NCLT's approval to transfer reserves to...

India Imports USD 2.8 Billion in Russian Crude Oil in July

August 15, 2024 12:11

India imported USD 2.8 billion worth of crude oil from Russia in July, making Russia its biggest supplier. This comes as European nations shun Russian oil due to the Ukraine war. China is the...

ONGC Gets 20% Premium for Gas from New Wells: Govt Approval

August 12, 2024 16:55

The Indian government has approved a 20% premium for natural gas produced from new wells by ONGC, boosting the company's investment capacity and gas production.

Homi Bhabha's Artefacts Auctioned at NCPA

August 12, 2024 14:05

Rare items from Homi Bhabha's collection, including a Sheaffer pen and artwork, will be auctioned at NCPA on August 17th, with proceeds supporting the arts.

Focused Mutual Funds: Asset Base Surges 31%, Top Performers Deliver 60% Returns

August 11, 2024 13:05

Focused mutual funds are gaining traction, with assets under management reaching Rs 1.43 lakh crore in June 2024. Top performers like Invesco India Focused Fund and Mahindra Manulife Focused Fund...

Equity Mutual Funds Inflow Drops 9% to Rs 37,113 Cr in July

August 9, 2024 16:20

Equity mutual fund inflows declined 9% in July to Rs 37,113 crore, led by a drop in large-cap, small- and mid-cap categories. However, the industry's AUM reached a record high of Rs 65 lakh crore.

Sebi Urges Mutual Funds to Conduct Stress Tests

August 9, 2024 15:00

Sebi emphasizes the importance of proactive stress testing for mutual funds, particularly for small and mid-cap schemes, to manage liquidity risks and strengthen the ecosystem.

Sensex, Nifty Fall on Global Cues: Market Update

August 2, 2024 10:14

Indian stock markets, Sensex and Nifty, tumbled in early trade due to profit booking and weak global cues. Selling in Reliance and ICICI Bank also weighed on sentiment.

BSE Market Cap Hits Record High of Rs 462.38 Lakh Cr

July 31, 2024 19:44

The market capitalisation of BSE-listed companies reached a lifetime peak of Rs 462.38 lakh crore on Wednesday, driven by a four-day rally in benchmark indices. Investors' wealth climbed Rs 5.45...

Jute Industry Faces Challenges: Key Issues Discussed at Advisory Meeting

July 31, 2024 10:34

The Indian Jute Mills Association raised concerns about declining demand for jute bags and other challenges faced by the industry at the 32nd SAC meeting in New Delhi.

BSE Market Cap Hits All-Time High at Rs 460 Lakh Crore

July 30, 2024 18:53

Indian stock markets reach new highs, with the BSE market capitalization hitting a record Rs 460 lakh crore driven by strong equity performance. Read more about the key drivers and market trends.

Adani Wilmar to Invest Rs 600 Crore in Edible Oil, Solar Expansion

July 30, 2024 16:53

Adani Wilmar plans to invest Rs 600 crore to expand its edible oil business and solar power capacities. The company also plans to launch new food products for consumers and institutional buyers.

Paytm Sees No Impact of Lower UPI Incentives on Profitability

July 30, 2024 13:47

Paytm CEO Vijay Shekhar Sharma assures no impact on profitability despite reduced government incentives for small-ticket digital transactions, aiming for a profitable quarter this fiscal year.

HZL Market Cap Surges 477 Times: Hebbar

July 29, 2024 17:29

Hindustan Zinc Ltd (HZL)'s market cap has skyrocketed to Rs 2.8 lakh crore, a 477-fold increase from two decades ago. Chairperson Priya Agarwal Hebbar highlights operational efficiencies and cost...

Top 10 Indian Firms: LIC, Infosys Lead Market Cap Surge

July 28, 2024 10:11

Six of the top 10 valued Indian companies saw their market capitalization rise by Rs 1.85 lakh crore last week, with LIC and Infosys leading the gains. Read more about the market cap changes and...

Modi Govt to Continue on Path Laid Down in Last 10 Years: Goyal

July 27, 2024 18:41

Union Commerce Minister Piyush Goyal assures market stability and outlines India's economic growth trajectory, aiming for a $5 trillion economy within Modi's third term.

Aditya Birla Group Targets USD 25 Billion Consumer Business Revenue

July 26, 2024 22:32

Aditya Birla Group aims to reach USD 25 billion in consumer business revenue in the next 5 years, driven by diversification and portfolio strengthening. The group is focused on financial services,...

Fortune Wealth Targets Rs 500 cr Multi-Cap Fund

July 26, 2024 22:05

Fortune Wealth aims to raise Rs 500 crore for its multi-cap portfolio fund within 5 months. The fund, launched in June 2024, has already gathered Rs 320 crore.

Standard Glass Lining IPO: Rs 600 Cr Raise, SEBI Filing

July 26, 2024 14:44

Standard Glass Lining Technology Ltd files DRHP with SEBI to raise Rs 600 crore via IPO. The funds will be used for capital expenditure, loan repayment, and growth.

BPEA Credit Invests Rs 250 Cr in DMW Group - Business News

July 25, 2024 21:41

BPEA Credit has committed Rs 250 crore to DMW Group, a precision components firm, for capital expenditure, working capital, and acquisition financing. Read more.

Adani Green Shares Surge 8% on Strong Q1 Earnings | Market Cap Soars

July 25, 2024 17:01

Adani Green Energy shares rallied nearly 8% after reporting a 95% jump in net profit for the June quarter, driven by higher revenues. The company's market capitalization surged by Rs 16,584.82 crore.

Union Budget: Employment-Centric, Pro-Agriculture, Pro-Business - SJM

July 24, 2024 16:40

Swadeshi Jagaran Manch (SJM) hails the Union Budget 2024-25, praising its focus on employment, agriculture, MSMEs, and entrepreneurship. SJM highlights key initiatives like internship programs,...

Piramal Cap Raises USD 300 Million in Maiden Overseas Bond Issue

July 24, 2024 15:19

Piramal Capital has raised USD 300 million in its first overseas bond issuance, aiming to diversify its liabilities and fund small businesses and affordable housing. The company plans another...

DPIIT Sets Timelines for FDI Approvals in India

July 24, 2024 13:10

India's DPIIT will create strict timelines for government agencies to expedite FDI approvals, aiming to boost foreign investments and simplify the process. This comes as FDI in India declined in...

Union Budget 2024: Growth-Oriented & Progressive, Say CII Telangana, FTCCI

July 23, 2024 20:12

The CII Telangana and FTCCI have lauded the Union Budget 2024-25, calling it growth-oriented and progressive. The budget focuses on MSMEs, employment, skills, and the middle class.

Sensex, Nifty Dip on STT, LTCG Hike: FMCG, Consumer Durables Cap Losses

July 23, 2024 17:15

Indian stock markets edged down on Tuesday as the government proposed hikes in securities transaction tax and long-term capital gains tax. FMCG and consumer durables capped losses.

MSMEs Need Compliance Relief: Economic Survey

July 22, 2024 14:45

India's Economic Survey highlights the need to reduce compliance burden on MSMEs for their growth, suggesting single-window clearance & digitization of processes.

NBFC-PSL Category for MSMEs: Key Budget Demand

July 22, 2024 10:17

Business leaders urge the creation of a new NBFC-PSL category in the Union Budget to boost MSME lending and growth.

Real Estate Budget Hopes: Industry Status, GST Concerns

July 21, 2024 16:37

Noida real estate developers urge the government to grant industry status and address GST woes in the upcoming budget, seeking easier access to funds and lower costs for building materials.

USIBC Recommends PLI for Media, Entertainment in Budget

July 21, 2024 12:48

The US India Business Council (USIBC) urges India to introduce production-linked incentives for the media and entertainment industry in the upcoming Budget, aiming to position India as a leading...

Tea Industry Seeks Higher RoDTEP Rates for Exports

July 20, 2024 12:31

The tea industry in India has urged the government to increase RoDTEP rates for bulk tea exports, seeking to make Indian tea competitive in the global market. The industry also requested other...

Cybersecurity Crucial for Modern-day Wars: Scindia

July 19, 2024 00:16

Communications Minister Scindia highlights the importance of robust cybersecurity and firewalls to protect India from modern-day cyber warfare. He also announced new schemes for startups and MSMEs.

Temasek Eyes USD 10 Billion India Investments

July 15, 2024 19:34

Singapore's Temasek plans to invest USD 10 billion in India over the next three years, driven by optimism about the country's growth prospects. The company highlights digitization, consumption, and...

BSE Market Cap Hits Record High: Rs 455 Lakh Crore

July 15, 2024 17:26

The market capitalization of BSE-listed firms surged to a new all-time high of Rs 455 lakh crore on Monday, driven by a strong rally in equities. Sensex climbed to a new closing high, boosted by...

Rupee Rises 1 Paisa to 83.52 Against US Dollar

July 12, 2024 15:59

The Indian rupee strengthened against the US dollar on Friday, supported by firm domestic equities, but gains were limited by elevated crude oil prices.

Fuel Pump Staff in Chhatrapati Sambhajinagar to Protest for Commission Hike

July 11, 2024 17:19

Staff at 300 fuel pumps in Chhatrapati Sambhajinagar will protest for a month from July 15, demanding higher commission on sales. The protest will be peaceful, with staff wearing black bands and caps.

India Caps Interest Equalization for Exporters at Rs 1.66 Crore

July 10, 2024 14:48

The Indian government has capped the interest equalization benefit for exporters at Rs 1.66 crore per IEC for July-August 2024, promoting outbound shipments.

BSE Market Cap Hits Record High of Rs 451.27 Lakh Cr

July 9, 2024 17:28

The market capitalisation of BSE-listed firms reached a new lifetime high of Rs 451.27 lakh crore on Tuesday, driven by strong performance of index heavyweights and positive global factors....

Microfinance Indebtedness Limit: MFIN Proposes Rs 2 Lakh Cap

July 9, 2024 13:42

MFIN recommends limiting micro-credit indebtedness to Rs 2 lakh per borrower and restricting lenders to a maximum of four. The industry body emphasizes responsible lending and data quality for...

Paytm Shares Surge 8%, Market Cap Jumps Rs 2,279 Cr

July 8, 2024 17:59

One97 Communications, parent of Paytm, saw its shares soar over 8% after Vijay Shekhar Sharma announced his ambition to build a USD 100 billion company. Learn more about the company's market...

Rupee Closes at 83.50 Against US Dollar

July 8, 2024 15:48

The Indian rupee closed 1 paisa lower at 83.50 against the US dollar on Monday, impacted by muted domestic equities and a weak dollar. Learn more.

Sebi Accuses Hindenburg of Adani Group Insider Trading

July 7, 2024 11:53

Sebi has issued a show cause notice to Hindenburg Research for alleged insider trading related to its report on Adani Group, accusing the short-seller of profiting from a deal with a hedge fund.

Top 10 Indian Firms: Market Cap Rises by Rs 1.83 Lakh Crore

July 7, 2024 10:30

Eight of India's top-10 most valued companies witnessed a combined market valuation surge of Rs 1.83 lakh crore last week, with TCS and Infosys leading the gains. Read more.

BSE Mcap Hits Record High of ₹449.88 Lakh Crore

July 5, 2024 21:31

The market capitalization of BSE-listed companies reached an all-time high of ₹449.88 lakh crore on Friday, despite the Sensex slipping marginally. Read more to learn about the factors...

Reliance Industries Hits 52-Week High, Market Cap Above Rs 21.5 Lakh Crore

July 5, 2024 19:01

Reliance Industries shares surged over 2%, reaching a new 52-week high and pushing its market valuation above Rs 21.5 lakh crore. The company's strong performance comes on the back of robust AGR...

Nifty Hits All-Time High, Sensex Retreats - Stock Market Update

July 5, 2024 16:25

The Nifty index reached a new peak on Friday, while the Sensex slipped below 80,000. Learn about the top gainers and laggards, and the factors impacting the market.

Rupee Closes at 83.49 vs US Dollar: Gains Capped by Oil Prices

July 5, 2024 15:51

The Indian rupee closed almost flat at 83.49 against the US dollar on Friday, as muted domestic equities and rising crude oil prices capped gains. Forex traders cited a cooling US economy and...

BSE Market Cap Hits Record High: Rs 447.40 Lakh Cr

July 4, 2024 18:20

The market capitalisation of BSE-listed firms reached an all-time high of Rs 447.40 lakh crore on Thursday, driven by a strong performance of the Sensex. Read more about this milestone.

BSE Market Cap Hits Record High: Sensex Breaches 80,000

July 3, 2024 17:38

The market capitalisation of BSE-listed firms reached an all-time high of Rs 445.43 lakh crore, driven by a strong rally in equities, with the Sensex crossing the historic 80,000 mark.

Sensex Hits 80,000, Nifty at Record High

July 3, 2024 17:16

The BSE Sensex breached the 80,000 mark for the first time on Wednesday, driven by gains in banking and FMCG shares. Nifty also reached a new all-time high.

Sebi Eases Rules for Passive Funds, Allows Higher Exposure to Sponsor Group Cos

July 3, 2024 17:14

Sebi has amended mutual fund rules, allowing equity-oriented ETFs and index funds to invest beyond 25% in listed securities of sponsor's group companies. This move aims to create a level playing...

Equity Returns to Moderate in Next 3 Years: Franklin Templeton

July 3, 2024 16:26

Franklin Templeton predicts slower equity returns over the next three years, citing high valuations and a shift in earnings growth. Despite this, they expect respectable returns compared to other...

Rupee Falls 4 Paise to Close at 83.52 Against US Dollar

July 3, 2024 16:00

The Indian rupee depreciated 4 paise to close at 83.52 against the US dollar on Wednesday, weighed down by elevated crude oil prices. Read more about the rupee's performance and market trends.

Kotak Mutual Fund Resumes Small-Cap Fund Subscriptions

July 2, 2024 19:11

Kotak Mutual Fund has resumed subscriptions to its small-cap funds after a four-month hiatus, citing improved market stability and potential for earnings growth in the sector.

CBI Books Ex-HECL CMD in Corruption Case

July 1, 2024 20:25

The CBI has registered a corruption case against former HECL CMD Avijit Ghosh for alleged irregularities in setting up a skill development centre. The agency alleges conspiracy with CNIITMASH...

BSE Market Cap Hits Record High: Sensex Soars to New Peak

July 1, 2024 18:00

BSE-listed companies' market capitalization reached a record Rs 4,43,05,344.36 crore, driven by a strong rebound in equities. The Sensex closed at a new all-time high.

Reliance Industries to Add $100 Billion to Market Cap: Morgan Stanley

July 1, 2024 16:27

Morgan Stanley predicts Reliance Industries will add $100 billion to its market cap in its fourth monetization cycle, driven by new cash flow streams and valuation multiples. The report highlights...

Fidelity Sells HCL Tech Shares for Rs 1,788 Crore

June 28, 2024 22:25

Fidelity Investments offloaded 0.46% stake in HCL Technologies for Rs 1,788 crore through block deals on NSE. ICICI Prudential MF, Kotak Mahindra MF, SBI MF were among the buyers.

Reliance Industries Market Cap Hits Record High - 21 Lakh Crore

June 28, 2024 16:18

Reliance Industries shares surge over 2%, pushing its market valuation to a new record high of Rs 21 lakh crore. Find out more about the company's performance and future outlook.

Sebi Streamlines Debt Security Public Issue Process

June 27, 2024 22:35

Sebi has streamlined the process for public issuance of debt securities, reducing the time for seeking comments, minimum subscription period, and listing timeline. The regulator has also simplified...

Raymond Shareholders Reappoint Gautam Singhania as MD

June 27, 2024 20:09

Raymond Ltd shareholders approved the reappointment of Gautam Singhania as Managing Director for five years, despite concerns raised by proxy advisory firm IiAS.

BSE Market Cap Hits Record High of Rs 438.41 Lakh Cr

June 27, 2024 17:48

BSE-listed companies's market capitalisation reached a new peak of Rs 438.41 lakh crore, driven by strong equity rally and Sensex crossing 79,000.

Reliance Industries Shares Surge 4%, Market Cap Hits Record High

June 26, 2024 17:56

Reliance Industries shares soared 4% on Wednesday, pushing its market valuation to over Rs 20 lakh crore and contributing to record highs for benchmark indices. The company's market cap climbed Rs...

Rupee Rises 3 Paise to 83.44 vs US Dollar

June 25, 2024 16:05

The Indian rupee appreciated by 3 paise against the US dollar on Tuesday, driven by positive domestic equities and stable global crude oil prices.

Rupee Rises 11 Paise to Close at 83.46 vs US Dollar

June 24, 2024 16:06

The Indian rupee appreciated 11 paise to close at 83.46 against the US dollar on Monday, supported by a positive trend in domestic equity markets and stable global crude oil prices.

Wheat Stock Limits Imposed by Govt to Curb Price Rise

June 24, 2024 15:26

India's government has imposed stock limits on wheat traders to control rising prices and prevent hoarding. The limits apply to retailers, wholesalers, and processors. The move aims to ensure...

InvITs Should Be Under Bankruptcy Law: SBI MD

June 21, 2024 16:44

SBI MD Ashwini Kumar Tewari calls for bringing InvITs under the Insolvency and Bankruptcy Code, citing concerns over lender recovery in case of defaults. He also suggests changes in NBFC lending...

Vedanta Group: Biggest Wealth Creator in FY25, Market Cap Surges Rs 2.2 Lakh Cr

June 20, 2024 18:58

Vedanta Group, comprising Vedanta Ltd and Hindustan Zinc, has generated the most wealth for investors in FY25, with a combined market cap surge of over Rs 2.2 lakh crore. Read more.

Proxy Firm Recommends Against Gautam Singhania's Reappointment at Raymond

June 19, 2024 18:08

A proxy advisory firm recommends shareholders vote against Gautam Singhania's reappointment at Raymond due to allegations of domestic violence and misappropriation of funds, calling for an...

Kalpataru Constructions Sells 5.3% Stake in KPIL for Rs 1,003 Crore

June 18, 2024 21:50

Kalpataru Constructions has divested a 5.3% stake in Kalpataru Projects International Ltd (KPIL) for Rs 1,003 crore through an open market transaction. The shares were offloaded at an average price...

Top 10 Indian Companies: LIC Leads Market Cap Gains

June 16, 2024 10:40

Five of India's top 10 most valued companies saw a combined market cap increase of Rs 85,582 crore last week, with LIC leading the gains. Read more about the market performance of these companies.

BSE Market Cap Hits Record High of Rs 434.9 Lakh Crore

June 14, 2024 17:32

The market capitalisation of BSE-listed firms reached a new peak of Rs 434.88 lakh crore on Friday, driven by a rally in the Sensex and Nifty. Investors' wealth has increased by Rs 7.93 lakh crore...

BSE Market Cap Hits Record High: Rs 431.67 Lakh Crore

June 13, 2024 17:54

BSE-listed firms' market capitalisation reached a new peak of Rs 431.67 lakh crore, driven by the benchmark Sensex's record high. Investors' wealth rose by Rs 4.72 lakh crore in two days.

Havells Defends Director Remuneration, Rejects Proxy Firm's Advice

June 12, 2024 21:30

Havells India defends the remuneration proposed for its directors, rejecting a proxy firm's advice to shareholders to vote against their reappointments, citing their experience and contribution to...

Haryana Removes Age Limit for Farmer Scheme - Latest News

June 6, 2024 21:36

Haryana government removes age limit for 'Mukhyamantri Kisan Evam Khetihar Mazdoor Jeevan Suraksha Yojana', providing financial assistance to farmers in case of death or disability while operating...

Stock Market Future: Govt Policies, GDP Key - Experts

June 4, 2024 16:55

Experts predict stock market's future trajectory hinges on new government's economic policies, GDP growth, inflation, and global conditions. Volatility expected due to high valuations.

Sebi Forms Committee to Review Clearing Corporations

June 4, 2024 14:58

Sebi has formed a committee to review the ownership and economic structure of clearing corporations to ensure their resilience, independence, and neutrality as risk managers.

Lenskart Raises USD 200 Million from Temasek, Fidelity

June 3, 2024 21:06

Lenskart, the largest eyewear retailer in Asia, has secured USD 200 million in secondary investment from Temasek and Fidelity, marking significant growth for the company.

Reliance Industries Shares Surge 6%, Market Cap Hits Record High

June 3, 2024 19:19

Reliance Industries shares skyrocketed nearly 6% on Monday, reaching a record high and boosting the company's market capitalization by Rs 1 lakh crore. The stock's surge comes amidst exit poll...

Adani Group Stocks Rally, Market Cap Nears Rs 18 Lakh Crore

May 31, 2024 20:21

Adani Group stocks surge after Jefferies recommends 'Buy' on four firms, including Adani Enterprises. The group's market cap nears Rs 18 lakh crore.

Religare Finvest Restarting Business Soon: RBI Approval Awaited

May 30, 2024 17:46

Religare Finvest, under RBI's watch, is poised to resume operations soon. The company awaits approval following completion of regulatory inspections and a successful debt restructuring.

Himachal Apple Growers May Swing Election, SKM Backs Congress

May 30, 2024 11:45

Apple growers in Himachal Pradesh, a key voting bloc, may impact the BJP's prospects as they express dissatisfaction with the party's performance and support the Congress. The Samyukt Kisan Manch...

Keystone Realtors Raises Rs 800 Cr via QIP

May 28, 2024 17:17

Keystone Realtors, a Mumbai-based realty firm, has raised Rs 800 crore through a Qualified Institutional Placement (QIP). Quant Mutual Fund, SBI Life Insurance and others participated in the issue.

Rupee Closes 5 Paise Lower at 83.18 vs Dollar

May 28, 2024 15:56

The Indian rupee ended 5 paise lower at 83.18 against the US dollar on Tuesday, influenced by negative domestic equities and dollar demand. Read more.

Rupee Rises to 83.10 Against US Dollar: Early Trade

May 28, 2024 09:41

The Indian rupee appreciated by 3 paise to 83.10 against the US dollar in early trade on Tuesday, tracking positive domestic equities and a weaker dollar.

Rupee Closes at 83.14 vs US Dollar: Forex Market Update

May 27, 2024 15:54

The Indian Rupee ended the day lower by 4 paise at 83.14 against the US dollar, despite initial gains. Weak US dollar and rising crude oil prices influenced the trade.

Top 10 Indian Companies Gain ₹1.85 Lakh Cr in Market Cap

May 26, 2024 09:45

Reliance Industries and HDFC Bank led the gains, with their market valuations rising significantly last week, as Indian equities rallied. Read more about the top 10 most valued firms.

Company Name
Price
Volume

Vodafone Idea L
9.12 (+ 2.13)
64303795

G G Engineering
1.51 ( -5.63)
28492226

Guj. Toolroom Lt
15.37 (+ 4.99)
19678431

Srestha Finvest
0.69 ( -1.43)
14826074

AvanceTechnologies
0.80 ( -2.44)
14124154

Indore SEZ Exports Decline: Pharmaceutical...

Exports from Indore's Special Economic Zone (SEZ) dropped by 6.50% in the first nine...

Food Prices Monitored by Centre: Measures Taken...

The Indian government is closely monitoring food prices and taking measures like...

India's Auto Industry Urged to Reduce Import...

Commerce Minister Piyush Goyal calls on India's auto component industry to manufacture...

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