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GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 may see a positive opening on Friday. Here’s a look at the key stocks to watch in trade. GIFT Nifty ended up by 90.50 points or 0.39% at 23,457.50 indicating a positive opening for domestic indices NSE Nifty 50 and BSE Sensex

Marking its foray into north India, Karnataka Milk Federation–the country’s second-largest cooperative dairy–launched its milk brand Nandini in Delhi on Thursday. Speaking at the event, Karnataka chief minister Siddaramaiah said: “When you can’t beat Gujarat, be near to it”, in reference to Nandini’s competitor Amul, which is India’s largest milk brand. With its north India

After 20 smart industrial townships under construction, the government is now looking to facilitate setting up of more industrial parks in smaller towns and cities, a senior official said Thursday. “We are hopeful that the framework for them (industrial parks) will be ready within this fiscal year,” secretary in the Department for Promotion of Industry

An immediate fallout of the US’s bribery charges against Adani group would be a slowing of the pace of its massive renewable energy (RE) ventures, and a delay in start of cash flows from the power supply contracts that looked lucrative and but have now come under a cloud. The latest developments could also have

After a year of cost-cutting measures, online pharmacy startup Pharmeasy has reduced its losses by 51% to Rs 2,533.5 crore in FY24, primarily due to lower goodwill impairment charges and an overall decline in expenses. In FY23, the Mumbai-based company’s losses stood at Rs 5,211.7 crore. However, revenue from operations shrank 14.8% to Rs 5,664

Tata Power on Thursday said it has signed a memorandum of understanding (MoU) with Asian Development Bank (ADB), coinciding with the ongoing climate conference (COP29) at Baku, Azerbaijan, to evaluate financing for its several projects. The total estimated project cost is nearly $4.25 billion. Also ReadKenya cancels airport and energy deals with Adani group after

The fast tracking of visa restrictions for Chinese technicians for companies under the Production Linked Incentive (PLI) scheme has resulted in a reducing the backlog of applications, a senior official said.  “Now that pendency has come down. Lot of improvement is there. There is a relief in this for those companies. The ministry of home

Unicommerce’s recent acquisition of Shipway could give it a big opportunity of over Rs 4,000 crore, according to MD and CEO Kapil Makhija. “We haven’t done a detailed external study, but our internal assessment suggests that the market is roughly Rs 3,800-4,300 crore annually, which is a large opportunity, he said. The acquisition aligns with