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Indian stocks slightly increase; Nifty metal leads

01 Sep 2023 10:30 AM IST

Nifty auto, Nifty metal, Nifty media, and Nifty oil & gas were among the sectoral indices that saw the highest gains as Indian stock indices opened trading on Friday. The benchmark Sensex and Nifty indices ranged from 0.2% to 0.3%. The Gross Domestic Product (GDP) of India increased by 7.8%

Adani Group Strongly Rejects Allegations, Coordinated Effort by Soros-funded Interests

31 Aug 2023 17:48 PM IST

Media Statement We categorically reject these recycled allegations. These news reports appear to be yet another concerted bid by Soros-funded interests supported by a section of the foreign media to revive the meritless Hindenburg report. In fact, this was anticipated, as was reported by the media last week. These claims

Byju’s business head resigns amid reorganization at the struggling startup

29 Aug 2023 14:28 PM IST

Prathyusha Agarwal, the Chief Business Officer of Byju, and two other top executives have quit as the struggling Indian ed-tech startup, restructures its business and operations, according to a company representative on Tuesday. Agarwal joined Byju’s from Zee Entertainment Enterprises in February 2022. Himanshu Bajaj and Mukut Deepak, two additional

Sensex, Nifty surge as markets open bullish led by strong gains in key sectors

29 Aug 2023 10:59 AM IST

Both the Sensex and Nifty indices opened in the green on Tuesday, setting the tone for a successful trading day. This positive sentiment was reflected as the Sensex opened 88.42 points up at 65,088.36, while the Nifty began 32.40 points higher at 19,334.40. Among the Nifty firms, 36 registered advances,

Mukesh Ambani appoints children Akash, Anant & Isha on Reliance board

28 Aug 2023 19:22 PM IST

Mukesh Ambani’s children, Isha, Akash, and Anant, were named to the board of his energy-to-technology conglomerate Reliance Industries Ltd on Monday, paving the way for succession planning at India’s most valuable company. Reliance’s board of directors met ahead of the company’s annual general meeting to ratify the appointment of twins

Atmanirbhar Bharat: A boon for manufacturers

26 Aug 2023 09:07 AM IST

The Atmanirbhar Bharat scheme of Prime Minister Narendra Modi has inspired entrepreneurs to help reduce the reliance of Indian manufacturers on China. Speaking at the Festival of Ideas, Vinod Sharma, Chair of the CII Electronics Committee, said if decision-makers take suggestions before drafting policies, it works wonders for the country.

SEBI files fresh status report before SC, 22 out of 24 probe reports final

26 Aug 2023 08:40 AM IST

The Securities and Exchange Board of India (SEBI) on Friday submitted a status report before the apex court, saying that out of 24 investigations arising out of the Hindenburg report, 22 are final in nature and two are interim in nature. The investigation was carried out in compliance with the

Equities end in the red; Sensex-Nifty is lower

25 Aug 2023 17:22 PM IST

The stock market had a difficult day and ended up closing down, with losses on both the Sensex and the Nifty. Sensex concluded the trading session down by 365.83 points at 64,886.51, while Nifty ended 120.90 points lower at 19,265.80. Nifty firms struggled, with only 11 stocks advancing and 40

Stock indices experience early decline amidst global uncertainty

25 Aug 2023 10:33 AM IST

On Friday, the stock market got off to a slow start as early trading saw indices decline. The Sensex index opened 217.79 points lower at 65,034.55, while the Nifty index was down by 78.70 points at 19,331.25. Among the Nifty companies, 14 showed advances, while 37 recorded declines at the

Sensex and Nifty surge in opening trade

24 Aug 2023 10:56 AM IST

On Thursday, the stock markets showed a bullish trend, with both the Sensex and Nifty recording significant gains. Sensex surged ahead by 286.38 points to reach 65,707.71, while Nifty marked an ascent of 85.30 points at 19,530.30 at the time of market opening. In the Nifty segment, 47 firms witnessed

Adani Group portfolio EBITDA grows 42 pc in Q1FY24

23 Aug 2023 15:58 PM IST

The Adani Group portfolio once again outperformed expectations with a record-breaking quarterly profit (EBITDA) of Rs 23,532 crore, or 42% more than the previous year. The conglomerate on Wednesday published the June quarter 2023–24 results compendium for its portfolio of listed companies. EBITDA is net income before taking out interest,

Musk vs Zuckerberg fight continues as Tesla CEO claims ‘Facebook is Manipulating’

23 Aug 2023 14:57 PM IST

Elon Musk, CEO of Tesla, and Mark Zuckerberg, creator of Meta, appear to continue their feud. Musk apparently remarked on Wednesday that Facebook is deceiving the public and that this is why they won’t open source their algorithm. Reacting to the news that Mark Zuckerberg said that Facebook has independent