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ED arrests three Vivo-India executives in money laundering case
The ED had filed a charge sheet against these four in a special PMLA court in Delhi. The court recently took cognisance of the charge-sheet.
LIC shares rally over seven per cent; reach 52-week high level
The government has granted a one-time exemption to LIC to achieve 25 per cent MPS within 10 years, the state-owned insurer said on Thursday.
Four IPOs oversubscribed up to 82 times despite volatility
While the IPO of Credo Brands Market Limited was subscribed 52 times, the initial offering of Happy Forging Limited was booked 82 times on the final day of bidding.
Govt grants LIC one-time exemption from 25% public shareholding rule
Currently, LIC has a m-cap of Rs 4.84 lakh crore and the Government of India, the company’s largest stakeholder, holds a 96.50% stake in the company.
India strongly objects to pushing talks on investment facilitation at WTO
The General Council is the highest decision-making body of the WTO after the Ministerial Conference (MC), which meets once in two years.
Rupee up 2 paise to 83.25 against US dollar in early trade
Global oil price benchmark Brent crude climbed 0.97 per cent to USD 80.16 per barrel.
Commercial LPG rate cut by Rs 39.50 per 19-kg cylinder
Commercial LPG will now cost Rs 1,710 per 19-kg cylinder in Mumbai, Rs 1,868.50 in Kolkata, and Rs 1,929 in Chennai.
Markets climb in early trade on firm global trends
The 30-share BSE Sensex climbed 180.55 points to 71,045.65 in early trade. The Nifty went up by 58 points to 21,313.05.
Union Min. RK Singh lays foundation stone for REC residential Complex
If the economy is to grow at 7.5%, our power sector needs to grow at 8.5%: asserts Mr. Singh
Settlement proposal of Appu Hotels promoter gets NCLAT approval
The promoter of the hotel chain has raised Rs 420 crore loan from a private fund and received the approval from committee of creditors, according to sources.
DOMS Ind IPO makes stellar market debut
The company shares were listed at a premium of 77% over the IPO price on the domestic bourses.
Airtel Business enters into partnership with IntelliSmart to deploy 20 million smart meters
Airtel is set to provide an end-to-end Internet of Things (IoT) solution for smart metering, encompassing the head-end system, meter data management system, cloud infrastructure, and analytics.
Sensex rebounds 358 pts on buying in HDFC Bank, Reliance Industries
Among the Sensex firms, Power Grid, HDFC Bank, Kotak Mahindra Bank, Reliance Industries, NTPC, State Bank of India, Tata Steel and Bharti Airtel were the major gainers.
REC shines at the prestigious ICC-XIII PSE Excellence Awards 2023
The Power Sector PSU provides loans for infrastructure, Airports, Metros., power distribution, Renewable and even E-vehicle tech. Its loan book of REC exceeds Rs 4.74 Lakh crores.
Gold jumps Rs 300; silver rallies Rs 800
Gold price jumped to Rs 6,310 per gm in Delhi on Wednesday
Bear attack: Equity investors become poorer by Rs 8.91 lakh crore in single day
The market capitalization of BSE-listed companies eroded by Rs 8,91,729.43 crore to Rs 3,50,19,998.87 crore.
DOMS Industries makes stellar market debut, listing at 77% premium
The IPO, valued at Rs 1,200 crore, is a mixture of new equity issues amounting to Rs 350 crore and Offers for Sale worth Rs 850 crore.
Realty sector set to end CY23 with best-ever sales numbers
More than 3.49 lakh units were sold across the top 7 cities in the first nine months of CY2023, against 3.65 lakh units in the entire 2022, said real estate consultant Anarock.
Spectrum allocation to help space industry: Telecom Ministry official
The move will help nearly 300 start-ups in the satellite industry flourish
GST notices to gaming firms unaffected by FM’s clarification
Officials have already sent GST notices worth over Rs 1 lakh crore on these companies.