Everest Industries hits record high, shares double in past 1 yr

New Delhi (IANS) Shares of Everest Industries hit an all-time high on Friday in an otherwise subdued session.

Incorporated in 1934, Everest is a leading and fastest growing building solutions provider. It offers building products and building…

Equities extend losses; Sensex down over 200 pts

New Delhi (IANS) India's key indices -- S&P BSE Sensex and NSE Nifty50 -- extended their losses from the previous session and declined marginally in early trade on Thursday.

At 10.27 a.m., Sensex traded at 57,782 points, down 0.4 per cent…

India's FY22 GDP growth expected at 9.5%, FY23 at 7.5%: Acuite Ratings

New Delhi (IANS) India's FY22 GDP growth is expected at 9.5 per cent with downside risks, said Acuite Ratings & Research on Thursday.

The ratings agency cited that adverse impact of elevated commodity prices and the potential financial…

India's Q3FY22 GDP expected to grow at 6.2%: ICRA

New Delhi (IANS) India's Q3FY22 GDP is expected to grow at 6.2 per cent on a year-on-year basis due to a broad-based, base effect-led moderation, as per ratings agency ICRA.

The expected YoY growth of the GDP and gross value added (GVA)…

Chinese telecom firm Huawei raided for tax evasion

New Delhi (IANS) Raids are being conducted at multiple premises linked to Chinese telecom company Huawei across the country in connection with alleged tax evasion.

A source said that the Income Tax department on Tuesday started the search operation…

Value buying boosts equity indices; Sensex gains over 1,500 pts

Mumbai (IANS) Value buying pushed India's key indices -- S&P BSE Sensex and NSE Nifty50 -- higher during Tuesday's late afternoon trade session.

The upward movement comes a day after a sharp correction took place on the back of heightened…

India's Jan merchandise exports rise over 25%, imports 23%

New Delhi (IANS) India's January 2022 merchandise exports rose to $34.50 billion, higher by 25.28 per cent on a year-on-year basis, official data showed on Tuesday.

The exports during January 2021 stood at $27.54 billion.

The data…

Succession planning as Noel Tata joins two Tata trusts as trustee

New Delhi (IANS) In an important development signalling succession planning, two main Tata trusts controlling Tata Sons roped in Noel Tata as a trustee making him a board member, as per media reports.

Reports said the move signals succession…

India's Jan wholesale price inflation sequentially eases to 12.96%

New Delhi (IANS) Lower prices of manufactured goods and a slight dip in fuel cost eased India's January 2022 wholesale inflation on a sequential basis.

Accordingly, the annual rate of inflation, based on wholesale prices, eased to 12.96…

Not possible: Maran, KAL Airways to SC on Rs 600 Cr settlement offer by SpiceJet

New Delhi (IANS) Kalanithi Maran and KAL Airways informed the Supreme Court on Monday that SpiceJet's offer of Rs 600 crore towards full and final settlement of the share transfer dispute was not acceptable.

Senior advocate Maninder Singh,…