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Home  Business

Business

UltraTech Cement to acquire 23% in India Cements for around Rs 1,885 cr

UltraTech Cement to acquire 23% in India Cements for around Rs 1,885 cr

  • SpaceX bags $843 mn NASA contract, to deorbit International Space Station

    SpaceX will develop and deliver the US Deorbit Vehicle that will provide the capability to deorbit ISS and ensure avoidance of risk to populated areas
  • Hyderabad: Residential real estate market sees major dip

    The residential real estate market in Hyderabad experiences steepest quarter-on-quarter (QoQ) decline in housing sales, with a 36 per cent drop in second quarter of 2024.
  • Rupee trades in narrow range against dollar in early trade

    Forex traders said the strong US dollar and high crude oil prices weighed on the local unit, limiting its gains.
  • Sensex hits new all-time high in early trade

    Climbs 134.64 points to hit 78,188.16, Nifty up by 28.2 points to 23,749.50
  • GHMC intensifies anti-mosquito measures to combat dengue, malaria

    Along with a comprehensive plan to eliminate insect breeding areas, around 1,500 persons will be engaged to complete the task across the 30 circles.
  • Biocon Biologics gets nod to manufacture cancer drug in India

    Company says biosimilar Bevacizumab will be manufactured at its new multi-product monoclonal antibodies drug substance facility in Bengaluru
  • Rupee sees range-bound trade against $ in morning deals

    Opens at 83.52, gains further to trade at 83.45 against the greenback in initial deals, registering an increase of 12 paise
  • Markets tumble in early trade on weak trends from global equities

    Sensex declines 463.96 points to 76,745.94; Nifty drops 149.6 points to 23,351.50
  • Gautam Adani drew Rs 9.26 cr salary in FY24, lower than his industry peers

    Drew salary from only two out of the 10 companies in his ports-to-energy conglomerate, show annual reports of group's 10 listed entities
  • 28 Indian startups raised over $800 million this week

    Zepto raises $665 million at $3.6-billion valuation — one of the largest funding bagged by a company in recent times
  • Demands for banning exit polls childish, says Axis My India chief

    Pradeep Gupta open to probe on alleged stock market manipulation post 2024 Lok Sabha exit elections, says regulations for pollsters will help them do business in much better way
  • ‘Appalled’ Hindujas challenge Swiss court’s jail term order, file appeal

    Also dismiss media reports that any members of the family faced detention
  • Battery giant Amara Raja invests 20-million-euro to increase stake in European company InoBat

    Amara Raja Energy and Mobility informed that it is acquiring around 4.5 per cent stake in InoBat AS and after acquisition, the stake of the company will increase to 9.32 per cent.
  • Wealthtech startup Centricity inaugurates office in Hyderabad

    Since Centricity started operations in April 2023, it has created a vast network of more than 3,000 financial product distributors across 12 states and 20 cities, onboarding over 7500 clients.
  • Nifty hits new high, Sensex climbs over 300 points in early trade

    Tech Mahindra, Infosys, HCL Technologies biggest gainers; Tata Steel, Hindustan Unilever, Kotak Mahindra Bank among laggards
  • ‘Indian tech professionals saw median salary hike of 150 pc post upskilling’

    According to the tech education company Scaler, the increase in average salary hike reflects the continuing demand for skilled professionals in the ever-evolving tech landscape.
  • DGCA asks airlines, airports to increase women staff to 25% of workforce

    Urges organisations to develop programmes to hire women back if they have taken a break due to parenting needs "or other attendant life cycle issues"
  • Rupee drops to 83.48 against dollar in early trade

    Forex traders noted that despite the continuous influx of foreign capital, the local unit initially resisted the decline but eventually succumbed to pressure, influenced by a subdued domestic equity market trend.
  • Crypto exchange Binance to pay Rs 18.82 cr fine to restart India operations

    Financial Intelligence Unit penalised the company for violating domestic anti-money laundering regulations
  • Markets flatten after early rally

    BSE Sensex Surges 250.72 Points to 77,588.31; NSE Nifty Up 71.7 Points to 23,587.70
  • Rupee gains 6 paise to 83.37 against US dollar

    Forex traders noted resistance for the local unit due to a stronger US dollar and elevated crude oil prices abroad.
  • Sensex and Nifty eeach new record highs in early trade

    Rallying for the fifth straight session, the 30-share BSE Sensex climbed 280.32 points to a new lifetime peak of 77,581.46 in early trade.
  • Sensex, Nifty hit new all-time high on strong global cues

    At 9:45 a.m., Sensex was at 77,315, up 322 points or 0.42 per cent, and Nifty was up 94 points or 0.40 per cent, at 23,559.
  • Rupee rises 7 paise to 83.48 against US dollar in early trade

    Forex traders said the strengthening American currency weighed on the local unit though it found support due to downward movement in crude oil prices overseas.
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