Business
Read the latest business and finance news — Indian and global markets, banking, real estate, automobiles, startups and economic policy on Siasat.com.
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Blue Origin rocket explodes on the launch pad during an engine-firing test
A rocket belonging to Jeff Bezos’ Blue Origin exploded during a test at the launch pad Thursday night, shaking nearby homes and briefly painting the sky orange. Blue Origin said its New…
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Hyderabad construction firm directors booked for Rs 4.52 crore fraud
Hyderabad: The Cyberabad Police on Thursday, May 28, booked three directors of a Hyderabad-based construction firm for allegedly defrauding investors of Rs 4.52 crore by promising returns of 24 per cent. According to…
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Dr Reddy’s to ring closing bell at NYSE, marking 25 years of listing
Hyderabad: Pharma major Dr Reddy’s Laboratories on Thursday, May 28, said it has been invited to ring the closing bell at the New York Stock Exchange (NYSE) to mark 25 years of its…
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Prime Raidurg land fetches Rs 237 cr per acre in TGIIC auction
Hyderabad: The most-awaited Raidurg e-auction of plots has fetched an exceptional price of approximately Rs 237 crore per acre on Thursday, May 28. The auction marked a substantial 70.5 percent surge above…
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Oil prices climb, but US stocks hold near their records
New York: Oil prices are clawing back some of their sharp drops from earlier in the week on Thursday, but US stocks are remaining near their records as companies like Dollar Tree,…
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Ola Electric secures approval for commercial e-scooter launch
New Delhi: Ola Electric has secured regulatory approval for a new electric scooter aimed at India’s commercial mobility market, according to a government certification document, signalling the company may be preparing to…
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Coal India OFS opens for non-retail subscription
New Delhi: The government’s up to 2 per cent stake sale in Coal India opened for non-retail investors on Wednesday, May 27, at a floor price of Rs 412 a share, which…
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Stock markets trade lower amid volatile trends
Mumbai: Benchmark indices Sensex and Nifty drifted lower after rising in early trade on Wednesday, May 27, amid volatile trends in the equity market as investors remained cautious due to geopolitical uncertainties…
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Maruti Suzuki urges employees towards WFH, carpool amid Modi’s austerity call
New Delhi: Car market leader Maruti Suzuki India on Tuesday, May 26, said it has taken steps, including work from home wherever feasible and restricted foreign travels, in response to Prime Minister…
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US-based pharmaceuticals company to launch GCC in Hyderabad
Hyderabad: US-based Regeneron Pharmaceuticals on Tuesday, May 26, announced plans to establish its GCC in Hyderabad, which will be operational in the second half of 2026. The Regeneron Global Capability Centre (GCC)…
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Stock markets turn flat after falling in early trade
Mumbai: Market benchmark indices Sensex and Nifty were trading flat after falling in early trade on Tuesday, May 26, amid mixed trend in Asian equities and a rise in crude oil prices.…
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Sebi bans 7 individuals in Rs 20-cr stock manipulation case
New Delhi: Capital markets regulator Sebi has barred seven individuals from securities markets for allegedly running a coordinated pump-and-dump scheme across social media platforms and making unlawful gains of over Rs 20.25…
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Probe ordered into excessive charges by online flight ticket booking platforms
Hubballi: Union Minister for Consumer Affairs Pralhad Joshi has directed officials of the Central Consumer Protection Authority (CCPA) to investigate complaints that online flight ticket booking platforms are allegedly charging passengers excessively…
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Telangana issues HILTP norms to convert industrial lands into multi-use zones
Hyderabad: The Telangana government has operationalised the Hyderabad Industrial Lands Transformation Policy (HILTP), allowing the conversion of industrial land within and near the Outer Ring Road (ORR) to ‘multi-use zones.’ The policy…
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Mcap of 6 of top-10 most valued firms surges by Rs 74,111 cr
New Delhi: The combined market valuation of 6 of the top-10 most valued firms surged by Rs 74,111.57 crore last week, with Reliance Industries emerging as the biggest gainer. Last week, the…
