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Tag: Business News

Indian Equity Market Enters Coveted USD 4 Trillion Club For 1st Time Ever

Posted on November 29, 2023 By admin
Indian Equity Market Enters Coveted USD 4 Trillion Club For 1st Time Ever

The combined market valuation of all listed companies on the leading stock exchange BSE reached the USD 4-trillion milestone for the first time ever today. The 30-share BSE Sensex climbed 305.44 points to 66,479.64 in early trade after beginning the day on a positive note. Thanks to the optimism in equities, the market capitalisation of…

Read More “Indian Equity Market Enters Coveted USD 4 Trillion Club For 1st Time Ever” »

Business

Sensex Rises By 305 Points, Nifty By 103 In Early Market Trade

Posted on November 29, 2023 By admin
Sensex Rises By 305 Points, Nifty By 103 In Early Market Trade

Equity benchmark indices rallied in early trade on Wednesday amid continuous foreign fund inflows along with buying in heavyweight IT stocks, Reliance Industries and HDFC Bank. The 30-share BSE Sensex climbed 305.44 points to 66,479.64 in early trade after beginning the day on a positive note. The Nifty went up by 103 points to 19,992.70….

Read More “Sensex Rises By 305 Points, Nifty By 103 In Early Market Trade” »

Business

NDTV Profit Business Channel Resumes Operations This December

Posted on November 28, 2023 By admin
NDTV Profit Business Channel Resumes Operations This December

NDTV Profit, the business news channel of the New Delhi Television Ltd, is set to resume regular operations from December. The channel will go live on December 8 – six years after it was discontinued on June 1, 2017. The company informed the stock exchanges today that its Board of Directors has approved regular operations…

Read More “NDTV Profit Business Channel Resumes Operations This December” »

Business

Stocks Of Adani Group Firms Climb In Morning Trade

Posted on November 28, 2023 By admin
Stocks Of Adani Group Firms Climb In Morning Trade

Shares of Adani group firms continued to attract heavy demand in morning trade on Tuesday, with Adani Total Gas climbing nearly 20 per cent. All the 10 listed group companies were trading with sharp gains during the morning trade, defying a muted trend in the equity market. Shares of Adani Total Gas zoomed 19.61 per…

Read More “Stocks Of Adani Group Firms Climb In Morning Trade” »

Business

Gold Prices Hit Six-Month High On Weak US Dollar

Posted on November 27, 2023 By admin
Gold Prices Hit Six-Month High On Weak US Dollar

Gold prices hit a more than six-month high on Monday, firming above the $2,000 per ounce level, as a weaker dollar and expectations of an end to US interest rate hikes lifted demand. Spot gold was up 0.6 percent at $2,013.99 per ounce by 1311 GMT, after reaching its highest since May 16. US gold…

Read More “Gold Prices Hit Six-Month High On Weak US Dollar” »

Business

Maruti Suzuki Cars To Cost More From January 2024

Posted on November 27, 2023 By admin
Maruti Suzuki Cars To Cost More From January 2024

The country’s largest carmaker Maruti Suzuki India on Monday said it will increase vehicle prices in January 2024, citing cost pressure driven by the overall inflationary environment and increased commodity rates. The company — which sells a range of vehicles from entry-level small car Alto to multi-utility vehicle Invicto, priced between Rs 3.54 lakh and…

Read More “Maruti Suzuki Cars To Cost More From January 2024” »

Business

Mukesh Ambani receives 3rd threat email with ₹400 crore demand

Posted on October 31, 2023 By admin
Mukesh Ambani receives 3rd threat email with ₹400 crore demand

File picture of Reliance Industries chairman Mukesh Ambani | Photo Credit: Reuters Reliance Industries Chairman Mukesh Ambani has received a threat email from an unidentified person seeking ₹400 crore, police said on Tuesday. Ambani’s company received the email on Monday. It is the third threat email sent to Ambani in four days, an official said….

Read More “Mukesh Ambani receives 3rd threat email with ₹400 crore demand” »

Business

Tribunal lifts ban on Zee’s Goenka on holding key positions

Posted on October 30, 2023 By admin
Tribunal lifts ban on Zee’s Goenka on holding key positions

File picture of Punit Goenka The Securities Appellate Tribunal on Monday lifted the ban on Zee Entertainment top boss Punit Goenka to hold board positions in any of the four Zee Group companies, paving the way for him to resume the proposed role in the planned merger between ZEE and the Indian unit of Japan’s…

Read More “Tribunal lifts ban on Zee’s Goenka on holding key positions” »

Business

Rupee settles flat at 83.25 against U.S. dollar

Posted on October 27, 2023 By admin
Rupee settles flat at 83.25 against U.S. dollar

Image used for representational purpose. V. Sudershan | Photo Credit: V. Sudershan The rupee paused its three-day downward move and settled flat at 83.25 (provisional) against the U.S. dollar on October 27, as the support from positive domestic equities was negated by surging crude oil prices. Forex traders said the rupee consolidated in a narrow…

Read More “Rupee settles flat at 83.25 against U.S. dollar” »

Business

Rupee settles flat against U.S. dollar

Posted on October 9, 2023 By admin
Rupee settles flat against U.S. dollar

The rupee settled flat at 83.27 against the U.S. dollar | Photo Credit: SUDERSHAN V The rupee settled flat at 83.27 against the U.S. dollar amid a weak trend in domestic equities and surging crude oil prices in the international markets. Forex traders said the safe-haven dollar gained ground amidst heightened concerns in the Middle…

Read More “Rupee settles flat against U.S. dollar” »

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