Sensex jumps up 305.09 pts as market closes
Feb 27, 2024, at 10:19 pm
The BSE Sensex on Tuesday rallied 305.08 points to close at 73095.22 on the strength of Realty, Technology, and Capital Goods stocks despite weak global cues.
Feb 27, 2024, at 07:33 pm
Brokerage firm Zerodha cofounder Nithin Kamath has revealed on his social media handle that six weeks ago he suffered a mild stroke.
Vijay Shekhar Sharma steps down from Paytm payments bank board amid crisis
Feb 27, 2024, at 04:55 am
Paytm Monday informed that Vijay Shekhar Sharma would step down as non-executive chairman and board member of its payments bank's unit.
Dynamic asset allocation: Adapting your mutual fund strategy to market changes
Feb 27, 2024, at 01:35 am
In any form of investment you do, staying agile and responsive to market shifts is required to get promising returns. One such strategy gaining prominence is dynamic asset allocation. This approach allows investors to adjust their mutual fund investments according to changing market conditions, aiming to optimise returns while managing risk. Read on to know the various aspects of dynamic asset allocation, its benefits, and important considerations.
Sensex down over 100 points as market opens
Feb 26, 2024, at 03:51 pm
The BSE Sensex on Monday slipped 155.10 points to 72,987.70 in the opening session as selling was witnessed in metal, oil and gas, and technology stocks.
ZEEL says 'rumours' hurting it, forms Advisory Committee to tackle it
Feb 25, 2024, at 07:52 pm
New Delhi/Mumbai: Broadcasting company Zee Entertainment on Friday said it has constituted an Advisory Committee, headed by a former Judge of Allahabad High Court, to tackle "widespread circulation of misinformation, market rumours and speculation" which have led to "erosion of investor wealth" of the firm.
Mahindra expands premium Z8 range with the introduction of New ‘Scorpio-N Z8 Select’ variant
Feb 25, 2024, at 12:51 am
Auto major Mahindra & Mahindra recently launched the ‘Scorpio-N Z8 Select’ variant, a significant addition to its acclaimed Scorpio-N Z8 premium range.
HDFC Bank and Yes Bank file third-party application provider request for Paytm UPI business
Feb 24, 2024, at 08:00 am
Mumbai: One97 Communications, the operator of the Paytm brand, along with private sector banks HDFC Bank and Yes Bank jointly submitted an application to become a third-party application provider (TPAP) for the Unified Payments Interface (UPI) mobile payments platform under the National Payments Corporation of India (NPCI).
Byju's claims resolutions passed at EGM to remove founder invalid
Feb 24, 2024, at 07:16 am
Bengaluru: Ahead of the results of the voting to remove Byju's founder and CEO Byju Raveendran during an extraordinary general meeting (EGM), the ed-tech company claimed in a statement to the media that the decisions made by shareholders are null and void.
Shareholders pass resolution to oust Byju Raveendran-led management at EGM
Feb 24, 2024, at 05:34 am
Bengaluru: A consortium of prominent investors including Prosus, General Atlantic, and Peak XV on Friday made the decision to remove Chief Executive Officer (CEO) Byju Raveendran from his position at the helm of the edtech company Byju's, media reported.
Mukesh Ambani's Jio Financial Services enters 2-trillion market cap club
Feb 24, 2024, at 04:04 am
Mumbai: Jio Financial Services, led by Mukesh Ambani, has joined the Rs 2-trillion market cap club, with its shares rising by 10.2% to reach Rs 334 on Friday, media reported.
India will not rush into signing hasty FTA deals: Piyush Goyal
Feb 24, 2024, at 03:01 am
New Delhi: Commerce Minister Piyush Goyal on Friday said that India will avoid making hasty free trade agreements (FTA) unless there is a just and balanced arrangement in trade deals, media reported.
Sensex drops 15.44 points as market closes
Feb 23, 2024, at 09:58 pm
The BSE Sensex on Friday fell marginally by 15.44 points to settle at 73142.80 on profit booking by local operators.
Entrepreneur Anupam Mittal gears up for his next project, drops a major hint
Feb 23, 2024, at 07:24 pm
Mumbai/IBNS: Anupam Mittal, the founder of a prominent matchmaking platform, also recognised for his role as a sharp-witted judge on a popular reality show, has become a notable figure in the business and entertainment industry.
Paytm installations plunge after RBI restrictions
Feb 23, 2024, at 08:36 am
Mumbai: The daily installations of the Paytm app have fallen drastically following regulatory restrictions placed on Paytm Payments Bank (PPBL) by the Reserve Bank of India, media reported.
Aditya Birla Group to boost paint industry capacity by 40%, targets Rs 10,000 cr revenue in 3 years
Feb 23, 2024, at 08:05 am
Kolkata/Mumbai: Aditya Birla Group on Thursday announced entry into the decorative paints market with its new brand Birla Opus, eyeing Rs 10,000 crore gross revenue within three years of full-scale operations.
Sensex goes down by over 300 points
Feb 22, 2024, at 05:13 pm
Mumbai/UNI: The BSE Sensex on Thursday lost another 338.23 points at 72,284.86 in the opening session as selling was seen across the board.
Union Cabinet approves increase in FRP for sugarcane to Rs 340/qtl
Feb 22, 2024, at 07:54 am
New Delhi: The Union cabinet has approved a raise in the fair and remunerative prices for sugarcane for the upcoming season, Union Minister Anurag Thakur said during a media briefing on Wednesday.
US, EU major importers of India's oil products sourced from sanctioned Russian crude
Feb 22, 2024, at 07:21 am
New Delhi: More than one-third of India's oil product exports to the coalition countries led by the G7 were sourced from Russian crude, according to a European think-tank, media reports said.
Myntra appoints Venu Nair as Chief of Strategic Partnerships and Omnichannel
Feb 22, 2024, at 06:18 am
Mumbai: Myntra has named Venu Nair as its Chief of Strategic Partnerships and Omnichannel, media reports said.
American finance company approaches NCLT to initiate insolvency proceedings against Byju's
Feb 22, 2024, at 05:09 am
Bengaluru: Glas Trust Company LLC, a United States-based non-bank loan agency, filed a plea for insolvency against the troubled-ed tech firm Byju's at the National Company Law Tribunal (NCLT) in Bengaluru, a media report said.
Ambuja Cements to invest Rs 1,000 cr in Jharkhand
Feb 22, 2024, at 04:31 am
New Delhi: Ambuja Cements, a part of the Adani Group, on Wednesday announced its intention to invest Rs 1,000 crore in setting up a cement grinding unit in the Godda district of Jharkhand.
India crosses China as HSBC's third-largest profitable business region
Feb 22, 2024, at 03:25 am
HSBC Group Wednesday reported a 25% rise in earnings from its activities in India, reaching $1.5 billion for the fiscal year ending December 2023, media reports said.
Sensex falls 434.31 pts after winning run for last six sessions
Feb 22, 2024, at 12:49 am
Snapping a winning streak of the last six sessions ' the BSE Sensex tanked 434.31 pts to settle at 72,623.09 as selling was seen in Utilities, Oil and Gas stocks.
Outlook for the Indian economy appears bright, says Finance Ministry report
Feb 21, 2024, at 06:00 am
New Delhi: Prospects of healthy Rabi harvest, sustained manufacturing profitability and underlying service resilience are expected to support economic activity in the financial year 2024-25, said a Finance Ministry report released on Tuesday.
RBI Bulletin says India's H1FY24 growth momentum to persist in H2
Feb 21, 2024, at 05:50 am
Mumbai: The Reserve Bank of India's (RBI) monthly bulletin indicates that the growth momentum of the Indian economy observed in the first half of the current financial year is expected to continue into the second half.
Indian mutual fund industry AUM grows 33% YoY to Rs 53 lakh crore in Jan 2024
Feb 21, 2024, at 05:26 am
Mumbai: The net AUM of the mutual fund industry rose 33.11% YoY at Rs 52.74 lakh crore in January 2024, as against Rs 39.62 lakh crore in January 2023, according to a report.
Japan commits ODA loan of JPY 232.209 billion for nine projects in various sectors in India
Feb 21, 2024, at 05:20 am
New Delhi: Japan has committed an Official Development Assistance (ODA) loan of an amount of 232.209 billion yen for nine projects in various sectors, the Ministry of Finance said on Tuesday.
Bids for 9th round and second attempt of 7th round of commercial coal mines’ auction opened today
Feb 21, 2024, at 04:37 am
New Delhi: The coal ministry Tuesday opened the bids for the 9th round and second attempt of the 7th round of commercial coal mines’ auction, which was launched on December 20, 2023.
Finance Minister Nirmala Sitharaman to meet fintech companies amid Paytm fiasco
Feb 21, 2024, at 04:19 am
New Delhi: Finance Minister Nirmala Sitharaman has decided to hold a meeting with heads of financial technology companies next week to urge them to adhere strictly to regulatory guidelines, media reports said.