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RELIANCE DIGITAL BACK WITH “DIGITAL INDIA SALE”

12 Aug 2023 09:22 AM IST

Reliance Digital, a name synonymous with cutting-edge technology and customer satisfaction, is gearing up to revolutionize the tech shopping landscape with its highly anticipated Digital India Sale. This mega event is set to offer tech enthusiasts an unparalleled opportunity to access top-tier electronics and gadgets at unbeatable prices. The sale

Zerodha to allocate additional Rs 1000 cr to Rainmatter

11 Aug 2023 13:18 PM IST

On 9 August, Zerodha increased its allocation to its startup accelerator fund, Rainmatter. The announcement of additional investment was made by the CEO of Zerodha Nithin Kamath. He said that Zerodha raised the allocation by an additional Rs 1,000 crore. He added that the fund had invested nearly Rs 400

China’s Country Garden Holdings Co turns into penny stock

11 Aug 2023 12:38 PM IST

Country Garden Holdings Co formerly, which was once China’s largest developer by sales, became a Hong Kong penny stock in a stance of increasing investigation and analysis of its operations and growing liquidity issues. In the early morning of 11 August, the company stock fell by 5.8% to HK$0.98, on

What Domino’s is offering to make Independence Day extra delightful, here’s all the details

11 Aug 2023 12:22 PM IST

With the launch of its much anticipated “FreeDOM Feast” deal, Domino’s India is taking Independence Day celebrations to new heights. Domino’s Independence Day Offer Domino’s is embracing the spirit of the event by offering a unique discount, recognizing the unifying power of food and its capacity to bring people together.

Air India unveiled its brand new logo ‘The Vista’

11 Aug 2023 12:09 PM IST

Air India unveiled its new logo and aircraft livery to build a new brand image, branching off the iconic Maharaja theme affiliated with its past as a state carrier. Air India’s new logo, The Vista, is inspired by the iconic Indian window design used by the former Air India. The

Indian stock indices decline on near-term inflationary concerns

11 Aug 2023 10:40 AM IST

Indian stock indices traded in the red Friday, a day after the Reserve Bank of India flagged concerns about possible inflationary pressures in the near term. Sensex and Nifty were 0.4 per cent lower from their previous closing at the time of writing this report. Among the sectoral indices, barring

Indian stock market reacts to RBI monetary policy

11 Aug 2023 08:20 AM IST

Equity benchmarks witnessed a decline post the Reserve Bank of India’s (RBI) monetary policy announcement on Thursday. The market was affected by the unexpected declaration to diminish cash in the financial system, leading to a fall, primarily in banking stocks. RBI has maintained its key interest rates for the third

Suzlon Poised for Epic Comeback

10 Aug 2023 16:08 PM IST

Suzlon is gearing up to sizzle. Get ready for one of the biggest corporate comebacks in India. There’s a major buzz in the market about the Suzlon Qualified Institutional Placement (QIP). We have information to suggest that soft offers are being snapped up. This means the QIP will be multiple

SIAM : Two wheeler sales in India decline 7.2 pc in July

10 Aug 2023 13:33 PM IST

According to the Society of Indian Automobile Manufacturers (SIAM), overall two-wheeler sales decreased by 7.2% year over year in July 2023. The association released July sales data on Thursday. A total of 1.28 million units were sold in July 2023 as against 0.38 million units sold in July 2022. Further,

Stock Indices open lower as the market starts the day on downturn

10 Aug 2023 12:27 PM IST

Key indices fell when the stock market opened on Thursday, signaling a cautious start to trading for the day. The Sensex opened down by 186.91 points at 65,795.75, while the Nifty was down by 57.85 points at 19,580.75 at the time of writing this article. Investor sentiment remained mixed as

RBI revises inflation outlook for 2023-24, sees “substantial increase” in near-term

10 Aug 2023 11:34 AM IST

The Reserve Bank of India has upwardly revised the country’s retail inflation projections for 2023-24 at 5.4 per cent, against 5.1 per cent it projected in its previous monetary policy meeting in June. RBI Governor Shaktikanta Das, as part of his remarks after the policy meeting, said assuming a normal

Equities rise aided by European markets, investors eye RBI’s policy and US data

10 Aug 2023 08:15 AM IST

Despite initial volatility, India’s equity benchmark indices registered gains on Wednesday, largely driven by last-minute buying in prominent companies such as Reliance Industries, ITC, and M&M, coupled with a positive opening in European markets. Most investors treaded cautiously throughout the trading session, given the impending announcements of the RBI’s monetary