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Home  Business

Business

Kotak Securities slashes Ola Electric’s target price by 40 per cent

Kotak Securities slashes Ola Electric’s target price by 40 per cent

  • Myntra creates over 20,000 employment opportunities

    Fashion and lifestyle e-commerce platform Myntra created over 20,000 gig jobs to meet expected demand surge during annual sale
  • IndiGo to start direct flights to 10 international destinations, including London, Athens

    IndiGo will start direct flights to a total of 10 international destinations, including London and Athens, other destinations include Amsterdam (the Netherlands), Manchester (the UK), Copenhagen (Denmark), Siem Reap (Cambodia) and four places in Central Asia
  • CCPA issues guidelines to regulate walkie-talkie sales on e-commerce sites

    The new framework aims to check the sale of walkie-talkies without proper frequency disclosure, licensing information, or Equipment Type Approval (ETA) — practices that violate the Consumer Protection Act, 2019
  • SEBI bars actor Arshad Warsi, wife Maria Goretti and 57 others from markets for up to 5 years

    The regulator imposed a fine of Rs 5 lakh each on Warsi and his wife, Maria. The decision came in a case related to misleading videos on YouTube channels recommending investors to buy shares of Sadhana Broadcast
  • Suzlon Energy shares surge nearly 14 per cent after Q4 earnings

    The stock jumped 13.57 per cent to Rs 74.30 on both the BSE and NSE. The Suzlon Energy's market valuation surged by Rs 8,981.06 crore to Rs 98,271.98 crore in morning trade
  • Ola Electric shares drop nearly 10 per cent post-announcement of Q4 earnings

    Ola Electric reported a consolidated net loss of Rs 870 crore in the fourth quarter ended March 2025, while noting that it is targeting profitability in the current fiscal
  • Sensex falls 219 points, nifty slips amid IT drag and weak Asian market cues

    The 30-share BSE Sensex fell by 219 points to 81,414.02 in early trade, while the NSE Nifty slipped 53.6 points to 24,780, as investors adopted a cautious stance ahead of the domestic GDP data release, according to analysts.
  • Rupee rises 19 paise to 85.29 against US dollar amid lower crude prices, foreign inflows

    Forex traders noted that the rupee's gains were limited by a strong US dollar and unstable stock markets, while investors remained cautious ahead of the domestic GDP data release.
  • Pakistan sets up its first bitcoin reserve

    Pakistan Crypto Council CEO Bilal Bin Saqib made the announcement at the Bitcoin Vegas 2025 conference in Las Vegas, which was attended by US Vice President JD Vance and sons of President Donald Trump, Eric and Donald Trump Jr
  • Bank frauds jump 3 times to Rs 36,014 crore in FY25

    Frauds have occurred predominantly in the category of digital payments, including card and internet, in terms of number, and primarily in the loan portfolio or advances in terms of value, the RBI report said
  • Pixel devices now available in India via official online Google Store

    Google begins direct sales of Pixel devices allowing consumers to purchase smartphones, watches, buds, and accessories directly for the first time in India
  • E-rupee in circulation grows to Rs 1,000 crore

    Reserve Bank of India exploring commencement of central bank digital currency pilots on cross-border payments
  • Radico Khaitan withdraws brand name ‘Trikal’ for new single malt whisky

    The company faced backlash on social media platforms as imagery on the product label had a resemblance to a religious iconography
  • Sensex, Nifty rally over 500 points on Asian market gains, US tariff relief, and foreign fund inflows

    The 30-share BSE Sensex surged 504.57 points to reach 81,816.89 in early trading, while the NSE Nifty advanced 137.25 points to 24,889.70.
  • Rupee falls 7 paise to 85.45 against dollar amid stronger greenback, rising crude prices

    The rupee came under pressure due to rising global crude oil prices and weaker-than-expected domestic industrial output data for April. However, sustained foreign fund inflows and positive sentiment in domestic equities helped limit further losses, according to forex traders.
  • Lokpal gives clean chit to former SEBI chief Madhabi Puri Buch

    The Lokpal said that the complaints, including the one by TMC MP Mahua Moitra, filed last year were essentially founded on the report “by a known short seller trader whose focus was to expose or corner Adani Group of Companies”
  • Hyderabad-based Granules India net profit up 17 per cent in Q4 FY25

    Revenue from operations increased to Rs 1,197 crore for the fourth quarter as compared with Rs 1,176 crore in the year-ago period
  • British American Tobacco sells 2.5 per cent stake in ITC for Rs 12,927 crore

    Following the stake sale, shares of ITC went lower by 1.15 per cent to trade at Rs 421.15 apiece on the NSE. British American Tobacco (BAT), through its arm Tobacco Manufacturers (India) Ltd, sold the stake in Kolkata-based ITC
  • IndiGo appoints Vikram Singh Mehta as new Chairman

    IndiGo, announced the appointment of Vikram Singh Mehta as the new Chairman, succeeding Venkataramani Sumantran. Mehta has been a Member of the Board of InterGlobe Aviation Ltd (IndiGo) since May 2022
  • Automaker Nissan has no plans to exit Indian market: Official

    The Nissan company, on the contrary, plans to introduce three new products in the Indian market by early part of 2027 and also aims to add 20 more dealerships this year
  • Hyderabad-based MedPlus sees 12 per cent rise in net profit in Q4 of FY25

    Company’s board approved appointment of Subrahmanyam Sharma Tatapudi as Chief Technology Officer, effective 27 May 2025
  •  Apple’s iPhone 16 world’s best-selling smartphone in Q1 2025: Report

    Apple maintained its strong presence in the top-10 list, securing five spots for the fifth consecutive March quarter.
  • Here’s how much TCS paid its CEO in FY25

    TCS CEO K Krithivasan remuneration package increased by 4.6 per cent, nearly 330 times the median salary paid by the company to its 6.07 lakh employees, as per the annual report
  • India, US may agree on interim trade deal by June 25: Sources

    Sources says with a team of US officials expected to visit India next month for trade talks, there is a possibility that the two countries may agree on an interim trade pact by June 25
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