Hindenburg report allegations: Adani group stocks tumble
All the ten Adani group stocks slumped in early trade on Monday (August 12, 2024), with Adani Energy tumbling 17 per cent, after the US short-seller Hindenburg Research alleged that…
MEA, NSIL sign MoU to assist launch of Nepalese Munal satellite
The satellite developed in Nepal, under the aegis of the Nepal Academy of Science and Technology (NAST), will be launched on NSIL’s Polar Satellite Launch Vehicle on a gratis basis.…
‘Low yields have driven cotton cultivation down 12% this season’
India’s cotton cultivation has declined and will be down by 10% to 12% this season compared with the last one, said Cotton Association of India president Atul S. Ganatra.Mr. Ganatra…
Ola Electric valued at $4.4 billion in debut trade
With a 39% market share, Ola Electric dominates sales of electric scooters in India, after launching its first model just three years ago. | Photo Credit: Reuters SoftBank-backed Ola Electric…
Stock Market Today: Sensex, Nifty decline in early trade ahead of RBI monetary policy decision
Image used for representative purpose only. | Photo Credit: Reuters Equity benchmark indices Sensex and Nifty declined in early trade on Thursday (August 8, 2024) ahead of the Reserve Bank…
Market rout has more to do with end of cheap funding than U.S. economy
The meltdown in world equity markets in recent days is more reflective of a wind-down of carry trades used by investors to juice their bets than a hard and fast…
Rupee recovers from all-time low level, opens 25 paise higher at 83.84 against U.S. dollar
On Monday, the rupee slumped 37 paise to settle at an all-time low of 84.09 against the U.S. dollar | Photo Credit: Reuters The rupee recovered from its all-time low…
Adani plans to cede control to family by early 2030s: Report
Gautam Adani. File. | Photo Credit: Reuters Adani Group chairman Gautam Adani, 62, plans to step down at the age of 70 and shift control to his sons and their…
FirstCry parent Brainbees Solutions to open IPO on August 6
Brainbees Solutions Ltd., the parent of FirstCry.com has an Initial Public Offer (IPO) of its equity shares to mobilise upto ₹4,194 crore through a fresh issue and an Offer for Sale (OFS).…
UPI transactions cross ₹20 trillion for third successive month in July 2024
The value of transactions also saw a growth of over 35%, totalling ₹20.64 trillion [File] | Photo Credit: RAGHUNATHAN SR Payments through the Unified Payments Interface (UPI) reported a 45%…