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Home  Business

Business

Softbank sells 1.09 pc stake in Zomato worth Rs 1,040 crore

Softbank sells 1.09 pc stake in Zomato worth Rs 1,040 crore

  • China imposes fresh export curbs on key EV battery component

    “Demand has risen in recent years as it is a raw material used for electric vehicle batteries,” the report mentioned.
  • Sebi puts in place guidelines to improve governance, preparedness of qualified RTAs

    Accordingly, the Recovery Time Objective -- the maximum time taken to restore operations of 'Critical Systems' from DRS after the declaration of Disaster -- will be 45 minutes.
  • India most preferred emerging market pick: Morgan Stanley

    Relative economic/earnings growth is improving and the macro-stability setup looks sufficient to withstand the higher real rate environment.
  • Inflow into Gold ETFs drop to Rs 175 crore in September

    Prior to that, Gold ETFs saw an inflow to the tune of Rs 298 crore during the April-June period after three quarters of consecutive outflow.
  • Gold futures rise Rs 381 to Rs 60,699 per 10 grams

    Fresh positions built up by participants led to the rise in gold prices, analysts said.
  • RBI Governor Shaktikanta Das speaks on financial stability, rupee volatility

    Governor Das Addresses Delhi Gathering, Notes Economic Complexity and Strong Dollar Index
  • Global economy facing tirade of challenges says RBI Governor Shaktikanta Das

    Governor Das discussed the multifaceted challenges confronting the global economy, emphasizing the intricate balance required in policymaking
  • Rupee falls 5 paise to 83.18 against US dollar in early trade

    Negative equity market sentiment and a strong dollar also weighed on the Indian currency, forex traders said
  • Markets continue to fall on weak global trends, soaring crude oil prices

    Equity benchmark indices fell in early trade on Friday due to weak trends in global markets and soaring crude oil prices
  • Nestle logs PAT of Rs 908 crore, to split shares

    Declaring a second interim dividend of Rs 140 per share of Rs 10 each, Nestle also said it would split each equity share into fully paid 10 share.
  • ITC gross revenue excluding wheat & rice exports up 8.9% YoY; PAT stands at Rs 4,927cr

    PAT grew by 10.3 per cent YoY to Rs 4,927 crore. Earnings Per Share for the quarter stood at Rs 3.96 (previous year Rs 3.61).
  • Moderation in inflation bolstered macroeconomic fundamentals: RBI

    In an article on the state of economy, the bulletin said that in India, a broad-based gaining of momentum is discernible in high frequency indicators.
  • ‘Israel-Hamas conflict negatively impacts market confidence’

    Nifty concluded on a downbeat tone, following the lead of the global market, with the majority of sectoral indices also doing so, said Vaibhav Vidwani, Research Analyst, Bonanza Portfolio
  • Leasing of retail real estate space up 46 pc in Jan-Sep across 8 cities: CBRE

    During the January-September period, the fashion & apparel sector's share in leasing stood at 34 per cent, home & department stores at 17 per cent, and food and beverage at 13 per cent.
  • Financial stocks likely to face more selling pressure due to large FPI exposure

    This segment is doing well and the valuations are fair, even attractive. BSE Sensex is down 334 points at 65,542 points on Thursday
  • Trai asks DoT to consider previous recommendations for next spectrum auction

    Trai has asked the Department of Telecom to consider its recommendations made last year on spectrum auctions to plan the sale of radiowaves
  • Rupee trades in narrow range against US dollar in early trade

    Forex traders said the rupee is trading in a narrow range as sustained foreign fund outflows and strength of the American currency in the overseas market weighed on investor sentiments.
  • Markets fall for 2nd day running on weak global trends

    Equity benchmark indices declined in early trade on Thursday, falling for the second day running, amid weak trends in global markets
  • India’s UPI system leading in cross-border payment: US treasury official

    Shambaugh said several initiatives are already underway to upgrade legacy payment systems
  • Wipro announces Rs 2,667 crore consolidated net profits for Q2

    The revenue from operations in the second quarter of the current fiscal stood at Rs 22,515 crores.
  • Sensex sinks 550 points to slip below 66k on spike in crude oil prices, weak global trend

    After a day's breather, the 30-share BSE Sensex plunged 551.07 points or 0.83 per cent to settle at 65,877.02
  • India develops indigenous charging standard for two and three-wheeler EVs

    The charging standard designed and engineered in India, paves the way for common LEV AC and DC system that will benefit all sections of the EV ecosystem from owners and vehicle manufacturers to charge point operators.
  • Hyderabad-based Freyr Energy raises Rs 58 crore

    Other investors who participated in the round are Schneider Electric Energy Asia Fund (SEEAA), Lotus Capital LLC, and others.
  • Rupee falls 2 paise to close at 83.27 against US dollar

    Anuj Choudhary, Research Analyst at Sharekhan by BNP Paribas, said the rupee declined amid weak domestic markets and a jump in crude oil prices.
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