Vodafone Idea shares decline 19% as board plans to convert dues into equity

New Delhi (IANS) Vodafone Idea shares fell 19 per cent in early trade on Tuesday as it approved the conversion of adjusted gross revenue (AGR) and spectrum liabilities into equity.

"The board of directors, at its meeting held on January 10,…

Strong delivery segment growth likely in 2022 as online shopping behaviour takes roots among consumers: Vahan

New Delhi (IANS) Despite the growing cases of the highly infectious Omicron variant of Covid-19 across the country, India's flourishing blue-collar segment is anticipating higher demand growth for blue-collar workers across the delivery category…

Demand for office space to rise 15-20% YoY in 2022: Colliers

New Delhi (IANS) Demand for office space segment is expected to rise 15-20 per cent year-on-year in 2022 as there is a great appetite in this segment, global real-estate consultancy firm Colliers said on Monday.

With more than 25 years presence,…

Amazon moves SC challenging Delhi HC stay on arbitration with Future Group

New Delhi (IANS) In a new development in the Amazon vs Future Group legal battle, the global e-commerce company has moved the Supreme Court against the Delhi High Court order, which stayed the ongoing arbitration proceedings with the Future Group,…

More than 850 penny stocks rose over 100% in the past 18 months

New Delhi (IANS) Some penny stocks or low-priced stocks have given massive returns in the past 18 months with 102 stocks rising over 1000 per cent and 10 stocks rising over 5000 per cent.

The misfeasance is now widespread and IANS has been…

Reliance to acquire Mandarin Oriental's flagship NYC property

New York (IANS) Reliance Industries Ltd (RIL), India's largest corporate by revenues, profits and market value, has announced the acquisition of Mandarin Oriental Hotels flagship New York City property in Columbus Circle for an "equity consideration…

TN sold liquor worth Rs 210 cr on eve of lockdown

Chennai (IANS) Tamil Nadu State Marketing Corporation (Tasmac), the state government entity that sells liquor has netted Rs 210 crore from sale of liquor on Saturday on the eve of the lockdown of Sunday. Tasmac shops remain closed on Sunday due to…

Omicron Blow: Rupee expected to weaken on inflation, infection woes

Mumbai (IANS) Likely surge in bond yields along with rising Covid cases are expected to weaken the Indian rupee during the upcoming week.

Besides, persistently high energy costs could subdue the rupee bulls.

However, re-commencement…

'Cats & Dogs' touch 52-week high in a volatile market

New Delhi (IANS) Some penny stocks or low-priced stocks scaled new highs or went up in straight trading sessions this week in an otherwise volatile broader market.

Innumerable counters are moving up without logic, many defying fundamentals…

Equity market up in early trade on Friday

New Delhi (IANS) The 30-scrip Sensitive Index (Sensex) and broader 50-scrip Nifty on the National Stock Exchange (NSE) rose in early trade on Friday.

At 9.35 a.m., Sensex traded at 60,011 points, up 0.7 per cent from its previous close of 59,602…