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Economy
Investors lose about Rs 40,000 crore as Ola Electric shares hit all-time low
Mumbai: As shares of Bhavish Aggarwal-led Ola Electric continue to slide, investors have been impacted heavily as approximately Rs 40,000 crore has been wiped out since the company stock's peak valuation.
Once valued at Rs 66,000 crore…
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ASCI, online gaming industry join hands to curb illegal betting ads
Mumbai: The Advertising Standards Council of India (ASCI) on Tuesday joined online gaming industry to tackle the issue of illegal betting and gambling advertisements from offshore entities.
ASCI signed a memorandum of understanding…
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Signature Global’s shares drop nearly 15 pc in a week, stock down 19 pc in 1 year
Mumbai: The shares of Signature Global India Limited on Tuesday further declined by 2.03 per cent at Rs 1,102.40 during the intra-day trading session, as investors remain cautious about the company’s financial health.
The stock is on a…
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India’s GDP growth expected to touch 6.6 pc in Q3 of 2024-25: Report
New Delhi: India's GDP is expected to grow at 6.6 per cent in the October-December period of 2024-25, which is slower than the corresponding figure of 8.6 per cent for the same quarter of 2023-24, but remains robust with support from…
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US tariffs on steel sector unlikely to impact India materially: Crisil
New Delhi: The US tariffs on the steel sector are unlikely to impact India because only 2 per cent of the country's total finished steel exports in the first nine months of this fiscal were to the US, Crisil Intelligence said on Tuesday.…
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India, Qatar ink MoUs to strengthen economic ties
New Delhi: Commerce and Industry Minister Piyush Goyal announced on Tuesday that two MoUs have been signed between the Qatari Businessmen Association (QBA) and Confederation of Indian Industry (CII) and another between Invest Qatar and…
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Indian stocks could see revival soon, global factors are the key: Morgan Stanley
Mumbai: Global brokerage Morgan Stanley has said that Indian stocks could see a revival soon but global factors will be the key.
In its latest note, analysts at Morgan Stanley said that while catching the bottom is difficult, “we think…
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Indian stock market opens lower, Nifty below 22,900
Mumbai: The Indian benchmark indices opened lower on Tuesday as selling was seen in the PSU bank, metal and realty sectors in the early trade.
At around 9.37 am, Sensex was trading 193.10 points or 0.25 per cent down at 75,803.76 while…
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NSDL reports 30 pc rise in Q3 net profit, total income grows over 16 pc
Mumbai: The National Securities Depository Ltd (NSDL) on Monday reported a 30 per cent increase in its consolidated net profit at Rs 85.8 crore for the October-December quarter of the financial year 2024-25 (Q3 FY25).
In the same period…
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Adani Group pledges Rs 2,000 crore to build world-class Schools of Excellence across India
Ahmedabad: Gautam Adani, the Chairperson of the Adani Group, on Monday announced the building of world-class Schools of Excellence across India, making quality education affordable and accessible to all.
With an initial donation of Rs…
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