Browsing: Business

During Friday’s first day of the Andhra Pradesh Global Investors Summit (GIS), the renewable energy industry attracted the most attention.

The NCLT on Friday gave its approval for the merger of HDFC Property Ventures and HDFC Venture Capital with HDFC Capital Advisors, taking the merger a step closer.

Shares of Gautam Adani’s flagship entity, Adani Enterprises, have rallied 43.28 17 percent in the last five days amid positive news flows about the company.

JSW Steel shares have been in base-building mode after ushering in the new year 2023.

The S&P Global India Manufacturing Purchasing Managers’ Index stood at 55.3 in February, little changed from 55.4 in January.

For a total of Rs 11,603 crore, Mumbai-based Axis Bank finalized the acquisition of Citigroup’s consumer division.

Rahul Gandhi on Wednesday alleged that the State Bank of India and the Life Insurance Corporation of India were “forced” to make investments to save the Adani Group.

Viewing a healthy consumer demand in the jewellery segment, domestic brokerage house Religare Broking kept a bullish stance on Titan.

The markets around the globe remained muted, US stocks fell in late trade on Tuesday.

Asia markets were set for a minor advance on Tuesday after the U.S. stocks managed to log small gains as investors digested further signs of economic strength.

India on track to achieve 7% GDP growth this fiscal despite high inflation.

The phrase “ecosystem” refers to a group of people who work in the construction industry.

In recent months, generative AI, like ChatGPT, has gained more and more attention.

Paytm has been under pressure to turn profitable ever since its dismal listing in November 2021.

With a market valuation of Rs. 1,084.26 crores, Knowledge Marine Engineering Works Ltd. is a small-cap business that operates in the transport services industry.

The future chairman of SAP SE, a German-based European multinational software firm, is being considered. He is an Indian-American businessman.

The EY Entrepreneur of the YearTM 2022 has selected Sajjan Jindal, Chairman, and Managing Director of JSW Group.

India’s premier airline SpiceJet on Friday said that company’s board will meet again on Monday, 27 February to mull raising fresh capital.

Despite the fact that every marriage is fundamentally the same, no two unions are exactly comparable.

ArcelorMittal, the largest steelmaker in the world, plans to increase its steel footprint in India (ISC).

Stainless steel producer Jindal Stainless on Thursday informed that the company has March 9, 2023, fixed as the record date for the merger of Jindal Stainless

NMDC Steel shares listed on Monday after the demerger of NMDC’s steel business

In a move aimed at tightening corporate governance standards, Sebi has proposed that shareholders in listed companies having special rights.

Adani Ports said it is considering repaying debt of about Rs 5,000 crore in FY24.

There are increasing indications that investors in Indian stocks are looking past the problems facing the Adani Group.

The airline, which was launched in August last year, is also targeting to begin international operations soon

Paytm Payments Banks Limited (PPBL) has launched UPI LITE, enabled by National Payments Corporation of India for multiple small-value UPI transactions.

The Reserve Bank has been mandated by the central government to ensure the retail inflation remains at 4 per cent with a margin of 2 per cent on either side.

The company’s operational income increased by 42 percent, from Rs 18,757.9 crore to Rs 26,612.2 crore.

The bank has approached the Supreme Court challenging a 20 January order of the Bombay HC.

With the introduction of new BS6 Phase II of vehicles that are in compliance with RDE requirements, Tata Motors has upgraded its array of vehicles.

For weeks now, Elon Musk has been preoccupied with worries about how many people are seeing his tweets.

Air India Ltd. has signed agreements with Airbus SE and Boeing Co. for what may end up being the largest purchase of aircraft in the history of commercial aviation.

Mukesh Ambani, chairman of Reliance Industries Limited, announced on Friday that the company would invest 75,000 crore in Uttar Pradesh over the next four years.

Ikea reduced prices by 16 to 39% across a range of product categories as a result of improving supply chains and falling commodity costs.

On February 9, Twitter intended to end free access to the platform’s API, but Musk is already making some adjustments to the new rules.

SBI & LIC have also come under fire for their investments in and debt exposure to Gautam Adani-owned businesses.

Buyers fear long-term supply contracts will conflict with carbon-neutral targets, according to executives.

The chairman of the Adani Group, Gautam Adani, has re-entered the Forbes list of the world’s wealthiest individuals. He has the 17th spot.

More than half of smartphone users in the United States use a peer-to-peer payment application to send money to friends, family, and companies.

Shares of Indus Towers, too, surged 15 per cent to Rs 164.80 on the BSE

The promoters of Adani Group will pay $1,114 million in advance to free the pledged shares before their maturity in September 2024.

In its newly created Platform Solutions segment, Goldman Sachs Group Inc. has hired Akila Raman as chief commercial and strategy officer for transaction banking.

“A cryptocurrency is not a currency, not a commodity, and not a security,” the 99-year-old Munger said in an op-ed published in The Wall Street Journal Thursday.

ChatGPT was created when a large-scale neural-network-based language model and an Open AI chatbot merged.

Tesla is well positioned to expand into the technology, and that should boost the stock toward Ark’s 2026 price target of $4,600, the fund said.

Bank of Baroda on Friday reported a 75.4% YoY jump in its quarterly net profit to Rs3,853cr, its highest-ever, as compared to Rs2,197cr in the same quarter last year

ADP, a leading global technology company providing human capital management solutions, has been named as one of the “World’s Most Admired Companies” in 2023.

For the third quarter, the company posted a standalone net profit of 951 crore, a decrease of 3.7% from the same period last year when it was 987 crore.

Total losses in stocks of 7 listed Adani group companies hit $100 bln since Hindenburg report.