The average daily turnover in the equity cash segment has declined for fourth consecutive month in October, falling from the high of Rs 1.64 lakh crore in June to Rs 1.14 lakh crore this month. The decline is more pronounced in October, with volumes hitting the lowest levels in seven months as the sentiment has
Maruti Suzuki is gearing up to launch the third-gen Dzire in India shortly after the company launched a new generation of the Swift earlier in May this year. It is no secret that Dzire is essentially a Swift with an external boot compartment based on the hatchback. However, ever since it has dropped Swift from
Surendra Hiranandani-led House of Hiranandani, a premium brand name in Indian real estate, has announced its strategic investment of Rs 12,500 crore to deepen its presence in the Mumbai Metropolitan Region (MMR) in the next 24 months. With luxury development of over 7.3 million square feet, House of Hiranandani aims to capitalise on the region’s
Sajjan Jindal-led JSW Group and South Korea’s POSCO Group on Tuesday signed an agreement to set up an integrated steel plant in India with an initial capacity of 5 million tonne per annum (MTPA). In addition to steel, the two companies will also collaborate for green energy production and manufacture of battery materials for electric
Reliance Industries on Tuesday announced that its wholly owned subsidiary, Reliance New Energy Limited (RNEL) has acquired the remaining equity share of around 8 per cent in Faradion Limited, a sodium-ion battery technology company. RNEL presently holds 92.01 per cent equity stake in Faradion Limited and post this, will acquire 100 per cent stake in
Religare Broking has picked a total of five stocks for Samvat 2081. The brokerage house has selected SBI, ITC, Titan Company, Berger Paints India, and Jyothy Labs. The brokerage firm has given the rationale behind these stocks. State Bank of India State Bank of India (SBI), India’s largest public sector bank, holds a strong 22-23%
The full-service stock broker Anand Rathi is all set for Diwali 2024. The brokerage has selected a pack of stocks to invest in Samvat 2081. The brokerage firm has picked five stocks to lighten up Samvat 2081. Here are the top picks of Anand Rathi: Interglobe Aviation InterGlobe Aviation, known as IndiGo, is India’s leading
Jeep launched the updated Meridian in India a few days ago, priced at Rs 24.99 lakh, ex-showroom. The Meridian not only saw a massive price cut compared to the outgoing model, but is also available as a five-seater for the first time. 2025 Jeep Meridian variants and pricing The new Jeep Meridian is available in
– By Biswajit Biswas Artificial Intelligence (AI) is rapidly transforming society, revolutionizing industries, and redefining human interactions. However, its impact on human rights brings both opportunities and challenges. At this critical juncture, it is imperative to ensure that AI development and deployment adhere to robust ethical principles, respecting human dignity and inclusivity while addressing unintended
Various central government agencies like the Enforcement Directorate (ED), Directorate of Revenue Intelligence (DRI), and the Income Tax Department often seize assets like cash, gold, vehicles and real estate during legal proceedings. A recent question in the Lok Sabha highlighted concerns regarding the unsold seized assets, their depreciation over time, and the challenges of maintaining
Vodafone Idea has been granted waiver of bank guarantee for spectrum auctions held in 2012, 2014, 2016, and 2021, the telco informed the exchanges on Saturday. “Recently, the Department of Telecommunication further extended its support to the telecom industry by dispensing with the requirement of bank guarantee to be submitted for spectrum auctions held prior
Adani Green Energy on Saturday incorporated a new wholly owned subsidiary — Adani Green Energy Sixty Eight Limited. The authorised capital and paid-up capital of AGE68L is kept at Rs 1,00,000. Adani Renewable Energy Holding Nine Limited, a wholly-owned subsidiary of the company, has incorporated a wholly-owned subsidiary, namely, Adani Green Energy Sixty Eight Limited
By Amit Gupta The world’s fastest-growing economy is clearly in a hurry. The convergence of demand and digital infrastructure has come at the right time, satiating the appetites of millions and driving consumption to unprecedented levels. One unmissable sign of this trend is the rise of quick or ‘instant’ commerce. India’s tryst with quick commerce
