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Record-Highs: Global cues trigger rally; Sensex, Nifty make healthy gains

Record-Highs: Global cues trigger rally; Sensex, Nifty make healthy gains

23-09-2021  comments

Mumbai (IANS) Positive global cues emanating from the US lifted India's key stock indices to their record high levels during Thursday's trade session.

Accordingly, both key indices - S&P BSE Sensex and NSE Nifty50 - touched their new…

Sify Technologies to set up data centres with 200 MW capacity

Sify Technologies to set up data centres with 200 MW capacity

22-09-2021  comments

Chennai (IANS) The Nasdaq listed Sify Technologies Ltd will be setting up 200 MW capacity data centres over the next four years with a mix of hyperscale and retail facilities, said a company official.

The new data centres will come up in Mumbai,…

Telly monolith in the making: Sony to have majority stakes in ZEEL merger

Telly monolith in the making: Sony to have majority stakes in ZEEL merger

22-09-2021  comments

Mumbai (IANS) Financially troubled Zee Entertainment Enterprises will merge with Sony Pictures Networks India (SPNI) in what will create country's largest entertain and media entity with presence across platforms.

The board of ZEEL has…

Amazon pays $1.2 bn as legal fees in India to remain operational

Amazon pays $1.2 bn as legal fees in India to remain operational

21-09-2021  comments

New Delhi (IANS) The US-based company Amazon Inc's India operations has spent a staggering over $1.2 billion in legal expenses in the last two years to maintain its presence and relevance in one the largest markets globally.

As per the…

Sensex, Nifty open low on global cues, metal and banks top drag

Sensex, Nifty open low on global cues, metal and banks top drag

20-09-2021  comments

Mumbai (IANS) The Indian stock market opened sharply lower on Monday on global cues with markets all across showing weak trends.

Accordingly, the S&P BSE Sensex index fell as much as 490 points to touch 58,525 in the first few moments of trade…

PE major Advent International to buy 72.56% stake in Eureka Forbes

PE major Advent International to buy 72.56% stake in Eureka Forbes

20-09-2021  comments

Mumbai (IANS) Private equity firm Advent International will buy a controlling stake of 72.56 per cent in Eureka Forbes for approximately Rs 4,400 crore, it's parent Shapoorji Pallonji Group (SPG) has said.

Eureka Forbes is a household name…

A greater India is visibly an India for Indians: Gautam Adani

A greater India is visibly an India for Indians: Gautam Adani

20-09-2021  comments

New Delhi (IANS) Gautam Adani, the Chairman of the Adani Group, on Monday coined the slogan "A greater India is visibly an India for Indians" as the country embarks on a journey of growth.

Adani was speaking at Priyadarshni Academy's 37th…

Fuel prices stable for fortnight amidst volatility in global oil market

Fuel prices stable for fortnight amidst volatility in global oil market

19-09-2021  comments

New Delhi (IANS) Auto fuel prices in the country have maintained stability amidst volatility in global oil prices with crude on the rise again.

The oil marketing companies (OMCs) on Sunday kept pump prices of auto fuels petrol and diesel unchanged,…

US official privately criticised RBI ban on Mastercard

US official privately criticised RBI ban on Mastercard

19-09-2021  comments

New Delhi (IANS) A senior US trade official privately criticised India's July decision to ban Mastercard Inc from issuing new cards, calling it a "draconian" move that caused "panic", a global news wire reported.

The documents show frustration…

Vi claims to record top 5G speed of 3.7 gbps in its ongoing trials

Vi claims to record top 5G speed of 3.7 gbps in its ongoing trials

19-09-2021  comments

Mumbai (IANS) Telecom operator, Vodafone Idea Ltd (VIL) on Sunday claimed that it has achieved peak speed in excess of 3.7 Gbps with very low latency on the mmWave spectrum band in its 5G trials.

The company is conducting 5G trials on government…

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