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Home  Business

Business

Shares of nine Adani Group firms trade higher; Adani Total soars 19%

Shares of nine Adani Group firms trade higher; Adani Total soars 19%

  • Mahindra launches two new EVs ‘BE 6e’ and ‘XEV 9e’

    The newly launched EVs are built on a grounds-up revolutionary electric origin architecture INGLO and are powered by MAIA.
  • Sensex, Nifty rebound on Adani stocks rally and foreign fund inflows

    The BSE benchmark Sensex gained 230.02 points, or 0.29%, closing at 80,234.08. It had earlier surged by 507.09 points, or 0.63%, to reach 80,511.15 during the day. The NSE Nifty rose by 80.40 points, or 0.33%, ending at 24,274.90. Among the 30 Sensex stocks, Adani Ports saw a 6% rise, while other gainers included NTPC, HDFC Bank, Bajaj Finance, Maruti, and Axis Bank.
  • Honda unveils ACTIVA e: and QC1 electric scooters, bookings start from Jan 1

    Bookings for the latest offerings will commence from January 1 next year while the deliveries will start from February, Honda Motorcycle &Scooter India Ltd (HMSI) said without revealing the vehicles' prices.
  • Silver rates in Hyderabad drop to lowest since October

    Market experts attribute recent slump to global factors, including declining industrial demand and fluctuations in international commodities market
  • Real Estate Simplified: How NearEstate.in Hyderabad’s Startup is Changing the Game for Property Developers

    This immersive platform is transforming how properties are showcased, enabling developers to engage buyers more effectively and drive sales with ease.
  • Ola Electric launches Gig and S1Z range of scooters

    Ola Electric has said that the new range of scooters offers durable, reliable, affordable, and flexible solutions, including removable batteries, fulfilling personal and commercial use cases of rural, semi-urban, and urban customers
  • Internationalisation of UPI progressing rapidly: RBI

    The UPI hit a milestone of 16.6 billion transactions in a month in October, with improvements in its capabilities like successful instant debit reversals at 86 per cent (77 per cent in the same month last year)
  • Majority of Adani Group stocks trade lower for second day on trot

    Adani Green Energy dropped 10.95 per cent and Adani Energy Solutions tumbled 8.57 per cent to hit the 52-week low of Rs 637.85 on the BSE
  • Ola Electric set to lay off 500 employees amid poor results

    The company reported 43% increase in net loss at Rs 495 crore in the July-September period, from Rs 347 crore in the previous quarter
  • WhatsApp to introduce feature that transcribes voice messages to text

    Transcripts are rolling out globally over the coming weeks with a few select languages to start, and the company plans to add more languages over the coming months
  • Moody’s to review Adani Group’s governance after bribery charges

    Moody's Ratings stated that the indictment of Adani Group's chairman and other senior officials on bribery charges is "credit negative" for the group's companies. Billionaire Gautam Adani has been accused by U.S. prosecutors of participating in a scheme to pay over $250 million (approximately ₹2,100 crore) in bribes to Indian officials to secure favorable terms for solar power contracts.
  • After US indictment, Adani Group stocks shed Rs 2.45 lakh cr market value

    Stock of the group's flagship firm Adani Enterprises plunged 22.99 per cent, Adani Ports dived 20 per cent, Adani Energy Solutions tanked 20 per cent
  • Zomato CEO announces job opening; Says no salary for one year, candidate needs to pay Rs.20 lakh as fee

    he job which is based at Zomato's headquarters in Gurugram requires a candidate with 'hunger,' 'empathy,' 'common sense' and 'not a lot of experience'
  • Hyderabad’s real estate shows signs of slowdown, unit sales dip significantly

    According to ANAROCK data, city saw 7% drop in number of homes sold between April and September 2024 compared to the same period last year
  • Is work from home beneficial for Indian companies?

    The study, titled "Work-from-Home: Benefits and Costs: an Exploratory Study in the Indian Context", stated that Covid has given rise to many alternative systems, and work from home is a prominent outcome altering the employment ecosystem
  • Equity indices dip on foreign outflows, IT sell-off, and weak US cues

    The BSE Sensex dropped 156.72 points to 77,423.59 in early trade, while the NSE Nifty fell 64.25 points to 23,468.45. Key laggards from the 30-share Sensex included Infosys, Tech Mahindra, HCL Technologies, TCS, NTPC, Axis Bank, Tata Motors, and IndusInd Bank.
  • Rupee rises 8 paise to 84.38 against US dollar in early trade

    Forex traders noted that lower crude oil prices in the international market boosted the local currency's recovery. At the interbank forex market, the rupee opened at 84.42 and gained further to 84.38 against the US dollar, up by 8 paise from its previous close.
  • Uber introduces safety and ease features for drivers, including SOS and women rider preference

    In support of the government's Code on Social Security (CoSS), aimed at providing a safety net for gig workers, Uber announced efforts to promote registrations on the e-Shram portal, a unified database for gig and unorganized workers.
  • Mexican drug regulator imposes Rs 27 lakh penalty on Dr Reddy’s

    Penalty imposed on the company for deviation from prescribed guidelines in filing intimation of import of a reference standard for one of the APIs
  • Hyundai plans to make India a car production hub for emerging markets

    HMI Managing Director Unsoo Kim said in a conference call that the car major would be expanding production to meet the growing demand in the domestic market as well as the export market in Africa, the Middle East, Latin America and South Asia
  • iPhone exports from India touch record Rs 60,000 crore in April-Oct

    This time, the company is exporting newly-launched iPhone 16 models from India, apart from the other popular models in its 15 and 14 series
  • Indian markets slide on heavy selling in Reliance, HDFC bank

    During intra-day trading, the Sensex dropped by 530 points, or 0.67%, reaching 78,158, while the Nifty fell by 180 points, or 0.76%, to 23,702. The Sensex also hit an intra-day low of 77,959 during the session.
  • Swiggy IPO makes 500 employees ‘crorepatis’; unlocks Rs 9,000 cr worth of ESOPs

    On Wednesday, shares of Swiggy were listed with a premium of nearly 8 per cent against the issue price of Rs 390 on NSE.
  • Air India-Vistara merger becomes reality; Singapore Airlines to invest Rs 3,195 cr in integrated entity

    The completion of the much-awaited amalgamation, which was announced in November 2022, comes within six weeks of the integration of Air India Express and AIX Connect
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