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Home  Business

Business

Stock markets fall for 2nd day on selling in IT banking shares, FII ouflows

Stock markets fall for 2nd day on selling in IT banking shares, FII ouflows

  • DGCA imposes Rs 30 lakh fine on IndiGo

    A show cause notice was issued to the airline and DGCA said the carrier's reply "was reviewed at various levels and was not found satisfactory"
  • Indian Oil Corporation logs Rs 13,750 crore Q1 PAT

    In a regulatory filing, the company said during Q1FY24, it had earned a total income of Rs 221,833.89 crore (against Q1FY23's Rs 252,616.54 crore) and a net profit of Rs 13,750.44 crore (net loss of Rs 1,992.53 crore).
  • Hornbill Studios partners with Foo Entertainment

    This collaboration marks a significant milestone for both companies and through this MoU, Hornbill Studios will be the Production Partner of the Swiss Entertainment and Multimedia major on forthcoming series.
  • Sensex falls 204.84 points to 66,061.98 in early trade

    Extending its previous day's fall, the 30-share BSE Sensex went lower by 204.84 points to 66,061.98. The NSE Nifty declined 60.35 points to 19,599.55.
  • AMD to invest USD 400 million in India in 5 years

    The company will open a new research and development campus in Bengaluru, which will be its largest such facility in the world.
  • Rupee falls 31 paise to 82.23 against US dollar

    Elevated level of crude prices nearing USD 84 a barrel also weighed on the domestic unit even as the American currency gained strength on the back of better-than-expected GDP numbers from the US
  • Samsung aims for record foldable sales in India, targeting both new and existing users.

    As per Babbar, the Samsung upgrade bonus will be applicable to any device, regardless of its value, even if it's just Rs 5,000.
  • Rupee rises 9 paise, closes at 81.92 against US dollar

    At the interbank foreign exchange market, the local unit opened at 81.92 against the US dollar and moved in a range of 81.91 to 82.03 in the day trade
  • Sebi mandates Legal Entity Identifier for all non-individual FPIs

    Sebi on Thursday made it mandatory for all non-individual FPIs to provide their Legal Entity Identifier details
  • AIX Connect gets regulatory nod to operate flights under ‘Air India Express’ brand

    Air India subsidiary AIX Connect has received regulatory approval to operate its flights under 'Air India Express' brand name
  • Digital payments rise 13 pc y-o-y at March-end 2023: RBI data

    Digital payments across the country registered a growth of 13.24 per cent in a year through March 2023
  • Sebi puts in place framework for Corporate Debt Market Development Fund

    Sebi on Thursday came out with an exhaustive framework for Corporate Debt Market Development Fund
  • Indian stock indices settle low in volatile trade

    Indian stock market indices closed in the red on Thursday in a volatile trading session
  • Currency note with ‘star’ symbol identical to any other legal banknote, says RBI

    (*) symbol is inserted in the number panel of a banknote that is used as replacement for defectively printed notes in a packet of 100 pieces of serially numbered banknotes
  • BYD Investments Declined In Hyderabad | Central Government Against Telangna Again | Telangana Today

    The ambitious plan was to invest a whopping Rs 8 thousand crore and manufacture 10 to 15 thousand vehicles annually in Hyderabad. However, the central government denied permission for this crucial investment.
  • Rupee rises 10 paise to 81.91 against US dollar in early trade

    Forex traders said a positive trend in domestic equities and foreign fund inflows also aided the local unit.
  • Sensex climbs 185.81 points to 66,893.01 in early trade

    Indices are expected to stay in the positive territory after the US Federal Reserve's move on interest rate hike came in on expected lines, traders said.
  • realme C53 sets new standards for entry-level smartphones with Unisoc T612 Chipset

    The overall speed, multitasking capabilities, and battery life of the device are significantly influenced by the chipset's architecture, speed, and efficiency.
  • Samsung’s second-quarter profit plunges by 95% due to chip oversupply and diminished demand

    Samsung's Device Solutions division, which oversees its cash cow chip business, made losses of 4.36 trillion won, marking the division's second consecutive quarter of losses.
  • Air India aims to increase annual cargo capacity to two million tonnes in five years

    Air India on Wednesday said it is aiming for a 300 per cent growth in its annual cargo capacity to two million tonnes
  • RBI permits banks to open vostro accounts from 22 countries for trade in rupee

    This would enable exporters and importers to invoice and pay in their respective domestic currencies enabling the development of a bilateral foreign exchange
  • Tata Motors DVR up 13% in trade

    According to Vijayakumar, Investment Strategist at Geojit, Tata Motors' decision to cancel DVR shares and the good results of L&T and the share buy back news are sentiment positive.
  • Qatar’s Sovereign fund invests $1 billion in Reliance Retail

    Qatar's sovereign wealth fund is in talks to buy a stake in the retail arm of Mukesh Ambani led-Reliance Industries for USD 1 billion (Rs 8,199 crore).
  • Market benchmarks climb in early trade on foreign fund inflows, rally in US equities

    The 30-share BSE Sensex climbed 270.39 points to 66,626.10. The broader NSE Nifty advanced 69 points to 19,748.85.
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