Business
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Indian markets end in red, auto and IT stocks under pressure
Mumbai: The Indian benchmark indices closed in the red on Tuesday, October 15 as auto, IT, and PSU banks remained under pressure. The BSE Sensex closed at 81,820.12 after slipping 152.93 points…
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Indian data should remain in India’s data centres: Akash Ambani
New Delhi: India should urgently embrace AI with a holistic strategy driven by maximum “Atmanirbhar” efforts, Akash M Ambani, Chairman of Reliance Jio Infocomm said on Tuesday, as he made a strong…
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Embattled SpiceJet settles $23.39 mn dispute amid fresh insolvency case
New Delhi: Embattled airline SpiceJet on Tuesday said it has settled a $23.39 million dispute with Aircastle (Ireland) Designated Activity Company and Wilmington Trust SP Services (Dublin) Ltd for an aggregate sum…
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Stock market opens in green, Nifty trades above 25,150
Mumbai: The Indian stock market opened on a positive note on Tuesday, and except for auto and metal, all other sectoral indices were trading in the green. The BSE Sensex reached 82,189.42…
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Record 2.25 lakh housing units sold in India in Jan-Sep, equity investments surge
New Delhi: The Indian housing market saw over 225,000 units being sold during the first nine months of the year, demonstrating strong performance in absolute terms, according to a new report. The…
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WPI inflation rises to 1.84 pc in Sep as food prices spike
New Delhi: The wholesale price inflation rose to 1.84 percent in September as food items, especially vegetables, turned costlier, as per the government data released on Monday. The wholesale price index (WPI)-based…
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Stock markets open in green, Sensex gains 300 points
Mumbai: The Indian stock market indices opened in green on Monday with Sensex trading at 81,690.83 after rising 309 points or 0.38 per cent at 9.18 a.m. At the same time, Nifty…
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Saudi Arabia explores investment opportunities in India’s BPCL new refinery
The Kingdom of Saudi Arabia (KSA) is looking for investment opportunities in the Indian Government-backed Bharat Petroleum Corporation Limited’s (BPCL) new refinery project. This initiative is part of Kingdom’s broader investment strategy…
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Hyundai to invest Rs 32,000 cr in India, predicts strong EV market growth
New Delhi: IPO-bound Hyundai Motor India Ltd (HMIL) has earmarked investments worth around Rs 32,000 crore for India till 2032, as the company predicts a strong and steady EV market growth till…
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Sensex closes down by 230 points, auto and finance shares fall
Mumbai: India frontline equity indices closed lower on Friday, October 11 as finance shares and TCS weighed on them. At closing, Sensex was down 230 points, or 0.28 percent, at 81,381 and…
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Demat accounts in India surge to 175 million
New Delhi: As Indian stock markets continue to outperform their global peers, the number of demat accounts increased to 175 million in the month of September, from 171 million in August, a…
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Sensex, Nifty open slightly lower, Bharti Airtel and Bajaj Finance top losers
Mumbai: Indian equity indices opened lower on Friday following weak cues from the US markets. At 9.24 a.m., Sensex was down 142 points or 0.17 per cent at 81, 469 and Nifty…