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
Go to Live UpdatesSensex Nifty Today | Stock Market Live Updates: Early trends from Gift Nifty indicates a positive start for the markets today. Asian markets are also trading higher, with key indices in Japan and South Korea opening on a positive note. Meanwhile, Indian stock markets have reopened after a long weekend and the
After a long weekend on account of Holi, the Indian stock markets are set to resume trading today, March 17. But will the break bring fresh momentum, or will investors return to a cautious start? Early trends from Gift Nifty indicate a positive opening. From Wall Street’s performance to key economic announcements, several factors will
After an extended break due to the Holi holiday and the weekend, the stock market is set to resume trading with plenty of action on the horizon today, March 17. With three days of global market movements, company updates, and economic cues piling up, investors will have a lot to factor in as the trading
By Anand James One point at the start of last week was how strong an offensive could the bears launch. At that point, we were just coming off a sub 25 RSI level, which had historically favoured a bounce back. But such moves also held a strong chance of fizzling out quickly. This is why
Ride-hailing platform Rapido is in advanced talks with restaurants and industry associations across four major metro cities to challenge the dominance of Swiggy and Zomato, which together command an estimated 95% market share. The move comes at a time when restaurants have been voicing growing concerns over high commission rates and potential conflicts of interest following