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  Multibagger IT stock hits fresh high on BSE after acquisition announcement

  December 19, 2023 6:54 IST

  The Board's approval for a preferential issue of 2,96,296 equity shares at Rs 135 per share reflects the company's commitment to strategic growth. However, the acquisition is contingent upon shareholder approval.

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  IPO 2023: Infra IPO subscription to begin this week, shares to list on NSE SME

  December 19, 2023 6:41 IST

  The real estate and agro-industry player's IPO features a fixed price issue with a price band set at Rs 180 per share. The issue size, comprising 3,480,000 shares, amounts to Rs 62.64 crores, and the lot size is 800 shares, ensuring accessibility for a diverse range of investors.

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  Sensex records 100-point drop, Nifty below 21,450 amidst market volatility

  December 18, 2023 10:35 IST

  In the broader market scenario, the BSE Midcap index remained relatively stable, while the SmallCap index showed a modest gain of 0.3 percent.

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  'India will remain lower middle economy by 2047 if...': Raghuram Rajan on country's growth

  December 16, 2023 23:15 IST

  Speaking at a programme organised by Manthan in Hyderabad, Rajan said that if the nation does not expand quicker, it will age demographically before it becomes richer, meaning that there is the burden of an ageing population to deal with at that point.

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  Govt allows cane juice, B-molasses to make ethanol, caps sugar diversion at 17 lakh tonnes

  December 15, 2023 21:42 IST

  The decision has been taken amid representation received from the industry to review the December 7 order that banned use of cane juice and sugar syrup with immediate effect.

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  Stock markets continue record run: Sensex breaches 71000-mark, Nifty surges to fresh record

  December 15, 2023 23:48 IST

  The 30-share BSE Sensex jumped 969.55 points to settle at its record closing high of 71,483.75. Meanwhile, the Nifty climbed 273.95 points to settle at its new closing high of 21,456.65.

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  SBI hikes interest rates, EMIs for home loans, auto and personal loans set to increase

  December 15, 2023 16:53 IST

  The overnight MCLR rate has been set at 8 per cent, while the rates for one-month and three-month tenors have been increased to 8.20 per cent from 8.15 per cent respectively. SBI is the leading bank in the banking sector. Therefore, there is a possibility that other banks will also follow suit and m

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  Sensex, Nifty hit fresh all-time high levels in early trade

  December 15, 2023 10:06 IST

  At the interbank foreign exchange market, the rupee opened flat at 83.30 against the dollar. It moved in a tight range of 83.32 and 83.29 in morning deals.

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  Bihar Business Connect 2023: Adani Group vows to make additional investment of Rs 8,700 cr in state

  December 14, 2023 18:17 IST

  Addressing Bihar Business Connect 2023, Pranav Adani, Managing Director (Agro, Oil and Gas) of Adani Enterprises, said the group intends to raise its investment in the state to Rs 8,700 crore from the current Rs 850 crore.

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  Wholesale inflation reaches 8 month-high. Know list of items which has become costlier

  December 14, 2023 17:00 IST

  At the same time, retail inflation increased to 5.55 percent in November after reaching a four-month low of 4.8 percent in October.

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  Stock markets: Sensex surges over 900 points, Nifty settles around 21,200 in closing bell

  December 14, 2023 20:11 IST

  The 30-share BSE Sensex ended higher by 929.60 points, while the Nifty gained 256.35 points.

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  Stock markets surge to lifetime highs, Sensex hits 70,205; banking stocks lead the rally

  December 14, 2023 10:04 IST

  The early trading session showcased remarkable momentum in banking stocks, with notable gains in stocks like Tech Mahindra, Axis Bank, HDFC Bank, SBI, and others contributing to the impressive surge.

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  Dividend: Multibagger stock posts strong earning in H1 of current fiscal

  December 14, 2023 9:14 IST

  The second quarter Q2 cheered up the economy and it is already visible in industrial stocks.

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  Multibagger stock: Brokerage predicts further upside amid buoyancy in coal demand to meet energy nee

  December 14, 2023 9:11 IST

  With expectations of strong performance in H2FY24, driven by robust demand prospects amid industrial growth and increased power consumption, the brokerage sets a target of Rs 87 for the stock, which is currently trading around Rs 64.

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  Rupee falls 3 paise to revisit all-time low against US dollar amid strong American currency overseas

  December 13, 2023 21:07 IST

  After dropping to its all-time intra-day low of 83.42, the rupee finally settled at 83.40, a fall of 3 paise from the previous close.

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  Market opening: Sensex initiates in negative territory at 69,518, Nifty declines to 20,906

  December 13, 2023 9:44 IST

  As the trading day commences, the Sensex has a bearish start, opening at 69,518 points, while the Nifty records a slump, touching 20,906 points.

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  Retail inflation rises to three-month high of 5.55 per cent in November

  December 12, 2023 18:51 IST

  The Reserve Bank of India has been tasked by the government to ensure retail inflation remains at 4 per cent with a margin of 2 per cent on either side.

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  SpiceJet to raise Rs 2,250 crore through equity shares

  December 12, 2023 15:29 IST

  For the quarter ended September, the airline posted a net loss of Rs 428 crore.

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  Sensex ascends by 96 points, reaches 70,024 in early Tuesday trade

  December 12, 2023 10:12 IST

  These positive movements were attributed to gains observed in banking, IT, and metal shares, contributing to the overall buoyancy in the stock market.

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  Market surges in early trade as Sensex crosses historic 70,000 level

  December 11, 2023 10:38 IST

  The surge was primarily fueled by the Reserve Bank's announcement, triggering substantial buying activities, especially in banking and other rate-sensitive stocks.

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  Jubilant Industries MD and CEO Manu Ahuja passes away

  December 10, 2023 17:03 IST

  Jubilant Industries Ltd is the flagship company of agri and performance polymers business of the Jubilant Bhartia group. The company's diversified portfolio includes a wide range of crop nutrition, crop growth and crop protection agri products.

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  Sebi plans to introduce 'fast track' concept for public issuance of debt securities

  December 10, 2023 13:11 IST

  Further, details of certain information required for the current year such as Related Party Transactions (RPTs), and remuneration of directors among others to be specified as required up to the latest quarter.

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  'India will become USD 5 trillion economy by end of 2025': Amit Shah

  December 09, 2023 18:23 IST

  Union Home Minister Amit Shah said that India has grown exponentially on every front over the past one decade due to the farsighted and visionary leadership of Prime Minister Narendra Modi.

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  Bimal Dayal appointed as CEO of Adani Infra India

  December 09, 2023 14:30 IST

  The current management team of AESL led by Anil Sardana, Managing Director, and Kandarp Patel, who has been given charge of all verticals of AESL, will drive the ambitious growth of transmission, distribution and smart metre segments

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  Stock markets hit new peaks after RBI upgrades growth forecast | Here are DETAILS

  December 08, 2023 18:26 IST

  Business news: Among sectoral indices, IT, teck and bankex rose by 1.08 per cent, 0.97 per cent and 0.89 per cent, respectively. On the other hand, utilities lost by 1.72 per cent and power slid 1.58 per cent. Besides, FMCG fell 1.13 per cent, telecommunication declined 0.73 per cent.

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  India bans export of onions till March 2024 | DETAILS

  December 08, 2023 12:17 IST

  The government has prohibited the export of onions till March 2024.

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  Sensex hits all-time high, Nifty scales 21,000 post-RBI policy decision

  December 08, 2023 12:42 IST

  The Reserve Bank of India (RBI) on Friday kept the repo rate unchanged for the fifth time in a row as the monetary policy committee maintained a status quo.

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  RBI keeps repo rate unchanged at 6.5% for the fifth time in a row; no hike in home loan rates

  December 08, 2023 10:27 IST

  Retail inflation in India though, is in RBI's 2-6 per cent comfort level but is above the ideal 4 per cent scenario.