Sensex down 700 points led by slump in Tech Mahindra

New Delhi (IANS) BSE Sensex is down 700 points in morning trade on Thursday led by a slump in Tech Mahindra.

BSE Sensex was trading at 70,331.85 points, down by 728.46 points or 1.03 per cent.

Tech Mahindra plunged more than 5 per cent…

Tech Mahindra's Q3 net falls drastically to Rs 485.9 crore

Chennai (IANS) Software player Tech Mahindra Ltd closed its third quarter with a drastic fall in its net profit at Rs 485.9 crore on a lower operational revenue.

In a regulatory filing on Wednesday, Tech Mahindra said for the quarter ended…

Sensex gives up morning gains of more than 400 points led by losses in Axis Bank

New Delhi (IANS) Indian markets gave up morning gains on Wednesday after private sector banks came under selling pressure.

BSE Sensex which was up more than 400 points in the morning is now flat at 70,369.59 points.

Axis Bank is down…

Bharat Innovate Glass to invest Rs 1003 crore in TN to make cover glass for mobile phones

Chennai (IANS) Bharat Innovate Glass Technologies Private Limited on Tuesday inked a Memorandum of Understanding (MoU) with Tamil Nadu Government to set up a plant to make cover glass for mobile phones.

Bharat Innovate Glass is a joint venture…

Sensex down more than 500 points led by banks

New Delhi (IANS) BSE Sensex has now slumped more than 500 points on Tuesday with banks leading the fall.

BSE Sensex is trading at 70,855.44 points, down 568.21 points or 0.80 per cent.

Indusind Bank, HDFC Bank are down 3 per cent. Consumer…

AI launches maiden flight with Airbus A350-900 from Mumbai to Chennai

Mumbai (IANS) Air India operated its maiden flight with the most advanced and the country’s first Airbus A350-900 with the carriers’ new livery on the Mumbai-Chennai sector, here on Monday, said an official.

The flight AI-589 took off with…

Sony sends termination letter to Zee to call off merger

New Delhi (IANS) Sony Group Corp. has officially notified Zee Entertainment Enterprises Ltd. that it plans to call off the merger between its India unit and the media network, ending a two-year acquisition saga and leaving Zee vulnerable to competition…

Razorpay introduces 2-minute instant refunds on failed UPI transactions

New Delhi (IANS) Fintech platform Razorpay POS on Monday launched an industry-first 'instant refunds' feature on failed unified payments interface i(UPI) transactions in the country.

The solution by Razorpay POS will provide instant…

Short-term trend of Nifty remains choppy

New Delhi (IANS) Nifty ended the extended week with a fall of 1.47 per cent to close at 21,571.80, said Devarsh Vakil, Deputy Head Retail Research, HDFC Securities.

Nifty mid-cap 100 Index managed to close at fresh all-time highs on Saturday.…

ICICI Bank posts 23.5% rise in Q3 net profit

Mumbai (IANS) ICICI Bank on Saturday declared a 23.5 per cent increase in its net profit to Rs 10,272 crore for the October-December quarter of the current financial year.

The bank had reported a net profit of Rs 8,312 crore in the same quarter…