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Home  Business

Business

Nifty faces profit booking after strong start

Nifty faces profit booking after strong start

  • Gold declines Rs 250; silver rallies Rs 1,200

    The yellow metal had closed at Rs 58,950 per 10 grams in the previous trade.
  • Rupee rises 14 paise to 83.05 against US dollar

    The rupee opened strong at 83.13 against the US dollar and moved in the range of 83.03 to 83.13 against the greenback
  • Capital Small Finance Bank files IPO papers with Sebi

    Capital Small Finance Bank has filed draft papers with markets regulator Sebi to mobilise funds through an Initial Public Offering
  • Air India acquires first Airbus A350-900 through finance lease

    Air India on Friday said that it has acquired India's first Airbus A350-900 aircraft through a finance lease transaction with HSBC
  • Jalan Kalrock Consortium infuses Rs 100 core in Jet Airways

    Jalan Kalrock Consortium has infused an additional Rs 100 crore in the airline as per the court-approved resolution plan
  • Rupee rises 9 paise to 83.10 against US dollar in early trade

    Massive selling of equities by foreign investors and an upward trend in crude oil prices, however, capped the rise of domestic currency
  • Indian stocks in green after touching four-week low

    The indices slumped sharply after the US central bank, while keeping its interest rate steady in the September meeting, hinted that it may again hike rates going ahead if need be, in its fight against inflation.
  • Depositors’ trust is with banks, not fintech companies: Mastercard India chief

    Chairman of Mastercard India Rajnish Kumar on Thursday said that the trust of the depositors is with the banking system and not with fintech companies.
  • NFRA slaps 1-year ban, imposes fine on auditor for lapses in SRS Ltd audit 

    NFRA has imposed a penalty of Rs 1 lakh and a one-year ban on an auditor for professional misconduct in the audit of SRS Ltd in 2017-18.
  • Rupee edges up 3 paise to 83.19 against US dollar

    Foreign fund outflows and losses in local equities, however, restricted the rupee's gains, forex dealers said.
  • DMX secures funding from DA Fleet Management Services

    According to Srahanj Golla, DMX founder, the company provides innovative approach to intelligent workflow management and automation
  • CDIL becomes first Indian firm to produce Silicon Carbide components; starts exports to China, US

    CDIL operates manufacturing facilities and a reliability lab in Mohali and Delhi, serving industries with a focus on the automotive, defence, and aerospace sectors.
  • Equity investors become poorer by Rs 2.95 lakh crore as markets fall

    The 30-share BSE Sensex fell 610.37 points or 0.92 per cent to settle at 65,508.32. During the day, it plunged 695.3 points or 1.05 per cent to 65,423.39
  • HMD Global appoints Tanuj Patro as CFO for India and APAC 

    HMD Global, the maker of Nokia branded phones, has appointed Tanuj Patro as Chief Financial Officer (CFO) for India and Asia Pacific region, the company said on Thursday.
  • New investor registrations on NSE hit 1 crore in last 8 months

    The exchange said the growth in the number of participants can be attributed to the momentum observed in capital markets.
  • Sensex, Nifty plunge nearly 1 pc on weak global cues; RIL, Infosys weigh

    In Asian markets, Shanghai ended in the green while Tokyo and Hong Kong settled lower. Trading was closed in South Korea for a holiday.
  • SEBI imposes penalties on YES Securities for margin reporting errors, other discrepancies

    It has been directed to pay the fine within 45 days, the Securities and Exchange Board of India (Sebi) said in its order.
  • SBI to encourage corporates to implement emission reduction tech

    'Net zero' emissions refer to the acheiving of an overall balance between greenhouse gas (GHG) emissions produced and GHG emissions taken out of the atmosphere.
  • Gold futures fall on low demand

    On the Multi Commodity Exchange, gold contracts for October delivery traded lower by Rs 94 or 0.16 per cent at Rs 58,189 per 10 grams in a business turnover of 14,708 lots.
  • India’s external debt at USD 629.1 bn at June-end: RBI

    India's external debt rose marginally to USD 629.1 billion at June-end 2023, although the debt-GDP ratio declined
  • Rupee trades flat against US dollar amid gains in equities

    The rupee opened flat at 83.22 against the US dollar and later moved in a range of 83.25 to 83.20 in morning deals. It was trading at 83.21 to US dollar at 9.35 am, up by 1 paisa over the previous close.
  • Snap axes 170 AR division employees and shuts unit

    In a message to Snap employees, CEO Evan Spiegel acknowledged that several factors have evolved since they initially embarked on the AR Enterprise strategy.
  • Markets trade lower after early gains

    The 30-share BSE Sensex climbed 287.32 points to 66,406.01 in early deals. The Nifty advanced 50.2 points to 19,766.65.
  • RBI cancels licence of Kapol Cooperative Bank in Mumbai

    The Reserve Bank of India cancelled the licence of the bank as the bank does not have adequate capital and earning prospects.
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