Business News

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05 Apr 2022

X

Elon Musk joining Twitter's board of directors; "significant improvements" incoming

A day after acquiring a passive stake of 9.2% in Twitter, Elon Musk is now set to join the company's board of directors.

05 Apr 2022

Sensex

Sensex slips to 60,176.5 points, Nifty drops below 18,000

The benchmark Sensex and Nifty indices witnessed a slump on Tuesday. While the Sensex slipped 0.72% to 60,176.5 points, the Nifty shed 0.53% to 17,957.4 points.

05 Apr 2022

Mumbai

Fuel prices hiked again, 13th increase in 15 days

State-owned fuel retailers on Tuesday raised the price of petrol and diesel by 80 paise, the 13th increase in the last 15 days.

04 Apr 2022

X

Elon Musk now holds four times Dorsey's stake in Twitter

Tesla and SpaceX founder, Elon Musk, in a regulatory filing with the US Securities and Exchange Commission (SEC), has disclosed he holds a 9.2% stake in the microblogging platform Twitter.

04 Apr 2022

Sensex

Sensex climbs to 60,612 points, Nifty crosses 18,000 mark

The Indian equity benchmarks extended their gains for the second straight session on Monday as the Sensex rose 2.25% to 60,612 points while the Nifty climbed 2.17% to 18,053.

04 Apr 2022

Sensex

HDFC-HDFC Bank merger: Here's everything you need to know

The merger between HDFC and HDFC Bank is finally a reality, with HDFC set to acquire a 41% stake in HDFC Bank, resulting in India's third-largest company by market capitalization.

03 Apr 2022

Mukesh Ambani

Gautam Adani joins $100 billion club, surpasses Mukesh Ambani

Gautam Adani, chairman of Adani Group, is the latest member of the $100 billion club, surpassing Reliance Industries chairman Mukesh Ambani to become India's wealthiest man, according to Bloomberg's Billionaires Index.

02 Apr 2022

India

Buying discounted oil from Russia in national interest: FM Sitharaman

India has started procuring discounted crude oil from Russia despite concerns by the US, the Centre has confirmed.

Amazon succeeded in 'destroying' us: Future Retail tells Supreme Court

The Future Group on Friday stated in the Supreme Court that American e-commerce giant "Amazon wanted to destroy us, and it succeeded" amid a bitter, protracted legal battle between the two companies.

01 Apr 2022

Sensex

Sensex climbs to 59,277 points, Nifty ends above 17,650

On Friday, the benchmark Sensex and Nifty indices saw gains. While the Sensex rose 1.19% to 59,276.69 points, the Nifty jumped 1.16% to 17,670.45 points.

31 Mar 2022

Sensex

Sensex closes at 58,568.5 points, Nifty settles below 17,500 points

The stock market closed on a flat note on Thursday with the Sensex settling at 58,568.51 points and Nifty ending flat at 17,464.75 points.

31 Mar 2022

Cryptocurrency

Major financial changes coming into effect from April 1

Several new financial changes are expected to come into effect from Friday (April 1)—the first day of the fiscal year 2022-23.

30 Mar 2022

Sensex

Sensex climbs to 58,683.99 points, Nifty settles near 17,500 points

The benchmark Sensex and Nifty indices on Wednesday saw gains, marking a 3-day winning streak. While the Sensex rose 1.28% to 58,683.99 points, the Nifty jumped 0.99% to 17,498.25 points.

30 Mar 2022

Dearness Allowance

DA, DR for central government employees, pensioners hiked by 3%

In a major relief for central government employees, the Union Cabinet has approved the proposal to hike the dearness allowance (DA) by 3%.

29 Mar 2022

Sensex

Sensex climbs to 57,944 points, Nifty settles at 17,325 points

The Indian equity benchmarks Sensex and Nifty finished higher for the second straight session on Tuesday. While Sensex rose 0.6% to 57,944 points, the Nifty jumped 0.6% to 17,325 points.

28 Mar 2022

Sensex

Sensex closes at 57,593.49 points, Nifty settles at 17,222 points

The stock market on Monday ended in the green as the Sensex settled at 57,593.49 points and the Nifty stood at 17,222 points.

26 Mar 2022

Mumbai

Petrol, diesel prices hiked for fourth time in 5 days

Petrol and diesel prices were raised by 80 paise/liter on Saturday, the fourth increase in five days, as oil companies passed on the increase in raw material costs to consumers.

26 Mar 2022

Reliance Industries

What is Anil Ambani's total net worth

Anil Ambani, who's the chairperson of Reliance Group, stepped down as the director of Reliance Power and Reliance Infrastructure in 2022, following the Securities and Exchange Board of India's order (SEBI) forbidding him from associating with any listed company.

25 Mar 2022

Mumbai

Fuel prices increased again; Rs. 2.40/liter hike in four days

After a one-day pause, prices of petrol and diesel were once again increased by 80 paise on Friday.

25 Mar 2022

Sensex

Sensex closes at 57,362.2 points, Nifty settles below 17,200 points

The stock market on Friday ended on a sluggish note as the Sensex settled at 57,362.2 points and the Nifty stood at 17,153 points.

24 Mar 2022

Sensex

Sensex closes at 57,595.68 points, Nifty settles below 17,250 points

The stock market closed on a flat note on Thursday with the Sensex settling at 57,595.68 points and Nifty ending flat at 17,222.75 points.

23 Mar 2022

Sensex

Sensex slips to 57,684.82 points, Nifty settles below 17,250 mark

The stock market closed on a flat note on Wednesday with the Sensex settling at 57,684.82 points and Nifty ending at 17,245.65 points.

22 Mar 2022

Sensex

Sensex climbs to 57,989 points, Nifty crosses 17,300 mark

On Tuesday, the benchmark Sensex and Nifty indices saw gains. While the Sensex rose 1.2% to 57,989.3 points, the Nifty jumped 1.14% to 17,315.5 points.

22 Mar 2022

Petrol Diesel Prices

Petrol, diesel hiked 80p/liter; LPG cylinders now Rs. 50 costlier

Petrol and diesel prices were raised by 80 paise/liter on Tuesday, bringing a four-and-a-half month pause in rate revisions to an end, while domestic cooking gas prices were raised by Rs. 50 per cylinder.

22 Mar 2022

Zomato

Zomato to deliver food in just 10 minutes: Here's how

Zomato founder-CEO Deepinder Goyal on Monday announced the company will launch a 10-minute delivery service called Zomato Instant in India soon.

21 Mar 2022

Latest automobiles

2023 Auto Expo to be held from January 13-18

The next version of India's largest automobile exhibition, the Auto Expo, will be held from January 13-18, 2023, at the India Expo Mart in Greater Noida, Uttar Pradesh.

21 Mar 2022

Sensex

Sensex slips to 57,313 points, Nifty settles at 17,117 points

On Monday, the benchmark Sensex and Nifty indices were on a downward trend. While the Sensex plunged 0.96% to 57,313.91 points, the Nifty fell 0.99% to 17,117.6 points.

20 Mar 2022

Mumbai

Diesel price for bulk customers hiked by Rs 25/liter

The price of diesel sold to bulk users has been raised by about Rs 25 per liter to reflect a nearly 40% increase in international oil rates, news agency PTI has reported.

19 Mar 2022

Ukraine

Indian Oil Corporation buys Russian crude at deep discount: Report

Indian Oil Corporation (IOC), India's biggest oil company, has reached an agreement with a Russian oil company to buy 3 million barrels of crude oil at a steeply discounted price, NDTV reported.

17 Mar 2022

Sensex

Sensex gains 1,047 points, Nifty reaches near 17,300 points

The market on March 17 closed with an uptrend movement as the Sensex soared 1.78% to 57,848.27 points while the Nifty gained 1.86% to 17,297.6 points.

17 Mar 2022

Mukesh Ambani

At $49 billion, Adani's wealth jumped the most in 2021

Gautam Adani, the second-richest person in India and Asia, increased his wealth by $49 billion last year, according to the 2022 M3M Hurun Global Rich List.

16 Mar 2022

Sensex

Sensex regains 1,040 points, Nifty reaches close to 17,000 mark

The markets on March 16 witnessed a bullish trend as Indian equity benchmarks rebounded thanks to gains across all sectors. While the Sensex jumped 1.86% to 56,817 points, the Nifty rose 1.87% to end at 16,975 points.

16 Mar 2022

India

India considering buying oil from Russia at discounted prices

India is mulling to accept a Russian offer to purchase its crude oil and other commodities at discounted prices, Reuters reported.

15 Mar 2022

Sensex

Sensex falls over 700 points; IT and metal sectors drag

The Sensex and Nifty indices on Tuesday witnessed a slump, ending the 5-day winning streak with investors focusing on the upcoming U.S. Federal Reserve meeting.

14 Mar 2022

Air India

Tata Sons' chief N Chandrasekaran is new Air India chairman

Tata Sons chairman N Chandrasekaran has been officially appointed as the chairman of Air India.

13 Mar 2022

Paytm

Paytm founder granted bail after arrest for hitting DCP's car

Paytm founder and CEO Vijay Shekhar Sharma was arrested last month and released on bail, reports said on Sunday.

11 Mar 2022

Florida

'Don't say gay' bill deeply concerning: Apple CEO Tim Cook

Apple CEO Tim Cook has raised concerns over the new controversial education bill in the Republican-controlled state legislature of Florida which reportedly targets LGBTQ+ youths.

11 Mar 2022

Ukraine

US fuel prices hit record highs, still cheaper than India

Fuel costs in the United States are at an all-time high, yet they are still far cheaper compared to India.

10 Mar 2022

India

Will US' ban on Russian oil imports affect India?

US President Joe Biden has announced a ban on imports of oil from Russia over its invasion of Ukraine.

07 Mar 2022

Sensex

Why stock market, rupee, and oil prices are in crisis

The stock market continued to fall on Monday with BSE Sensex crashing 1,400 points and NSE Nifty closing below 15,900.