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Home  Business

Business

SoftBank expected to completely divest from Zomato in upcoming months

SoftBank expected to completely divest from Zomato in upcoming months

  • Adani Group stocks fall; Adani Green Energy declines over 4 pc after OCCRP allegations

    Adani group stocks fell on Thursday after a report from investigative reporting platform OCCRP alleged hundreds of millions of dollars were invested in publicly traded group stocks
  • Sensex, Nifty eke out marginal gains in early trade

    Equity benchmark indices Sensex and Nifty witnessed volatility in early trade on Thursday and gained marginally as investors await firmer global cues and GDP numbers
  • Rupee rises marginally to 82.62 against US dollar in early trade

    The rupee traded in a narrow range and appreciated by 1 paise to 82.62 against the US dollar in early trade on Thursday amid a positive trend in the domestic equity market
  • PhonePe forays into stock trading segment with Share.Market platform

    The Walmart group firm PhonePe has started 'Share.Market' with stocks and ETFs. It will gradually add future and options as well as other segments.
  • RBI Guv calls for stronger measures to recover bad loans in urban co-op banks

    He also stressed that the Board's role is pivotal in establishing a robust IT and cybersecurity infrastructure and availability of requisite skills at the bank level.
  • Axis Bank launches ‘Infinity Savings Account’  

    Axis Bank will not impose any penalty on customers for non-maintenance of minimum balance in their accounts. Additionally, the third largest private sector bank in India will waive off all domestic charges, including debit card and ATM charges.
  • 1st-ever ‘Global IndiaAI 2023’ event to boost AI innovations in ChatGPT era

    After the huge success of the SemiconIndia conference, the Global IndiaAI event will also catalyse India's AI landscape, said Union Minister of State for Electronics and IT, Rajeev Chandrasekhar.
  • Sensex, Nifty pares early gains to end on flat note

    In the Sensex pack, majority of the shares closed in the positive territory. Among the main gainers were Jio Financial Services which jumped 4.99 per cent, Tata Steel (2.09 per cent), Maruti Suzuki (1.87 per cent), M&M (1.31 per cent) and Infosys (1.19 per cent).
  • Gold futures rise Rs 79 to Rs 59,345/10 gms

    Gold price rose Rs 79 to Rs 59,345 per 10 grams in futures trade as speculators created fresh positions on firm spot demand.
  • Zomato stock rises as SoftBank reportedly sells 100 million shares for INR 947 Crore

    Japanese company SoftBank’s SVF Growth Fund is the likely seller in this mega transaction, according to CNBC TV18.
  • Rupee rises 7 paise to 82.73 against US dollar in early trade

    Rising crude oil prices and strengthening dollar, however, weighed on the Indian currency, according to forex traders.
  • Sensex jumps 322 points in early trade

    Sensex jumped 322.09 points or 0.49 per cent to 65,397.91 points while the broader Nifty rose 84.30 points or 0.44 per cent to 19,426.95 points.
  • Sebi slaps Rs 45 lakh penalties on 9 entities for non-genuine trades

    Capital market regulator Sebi levied penalties totalling Rs 45 lakh on nine entities for indulging in non-genuine trades in the illiquid stock options segment on BSE.
  • Adding 100 mn skilled Indians to workforce can increase GDP by 20 pc: Report

    Almost 50 per cent of India's young informal workforce and those outside it are willing to upskill to bridge Indias employability gap, according to the report by investment firm Omidyar Network India with research partner Redseer
  • India to sweeten Rakshabandhan fest with packed mithais, chocolates: Kirana survey

    Conducted by the Kirana Club among 25,000 grocery shops, the survey, released here on Monday, found that besides the packed mithais and chocolate boxes, the next on the list of high-demand would be 'namkeens' (salty snacks) and ready-mixes.
  • RBI authorises Bandhan Bank for disbursing civil pension

    Private sector lender Bandhan Bank on Tuesday said it has been appointed by Reserve Bank of India as an authorised pension disbursement bank on behalf of the Central Pension Accounting Office (CPAO) for the civil pensioners.
  • Stock market ends on positive note amid sectoral gains

    The positive market sentiment reflects optimism among investors, with many keeping a watchful eye on key sectors that continue to drive growth in the Indian stock market.
  • Rupee rises 2 paise to 82.61 against US dollar in early trade

    The rupee appreciated by 2 paise to 82.61 against the US dollar in early trade on Tuesday amid a weak American currency against major rivals
  • Markets climb in early trade; extend rally for 2nd day running

    Equity benchmark indices began the trade on an optimistic note on Tuesday, extending their previous day's rally
  • Sky is the limit in Hyderabad

    The modern skyline of Hyderabad is literally being reshaped with nearly a dozen ambitious skyscrapers, boasting stunning futuristic architectural designs, set to come up in the next few years
  • ‘Plastics exports decline 15 pc in July on lower demand’

    The overall exports during July 2022 stood at USD 1.119 billion, Plexconcil said in a statement
  • American Airlines fined $4.1 million for dozens of long tarmac delays that trapped passengers

    The federal government is fining American Airlines $4.1 million for dozens of instances in which passengers were kept on board planes without a chance to exit during long ground delays.
  • Ikea Hyderabad store, its first outlet in India, to breakeven soon, says CEO

    Hyderabad store which was opened in 2018 has witnessed a footfall of three million during the last 12 months period against 2.90 million last year.
  • Sebi notifies stricter delisting rules for non-convertible debt securities

    New Delhi: With an aim to protect investors’ interest, Sebi has notified a new framework prohibiting listed entities, with more than 200 non-QIB (qualified institutional buyer) holders of non-convertible debt securities, from delisting voluntarily. Under the new rule, the listed entity will have to obtain permission from all holders of non-convertible debt securities within 15 […]
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