Vodafone Idea shares continue freefall after Birla quit as Chairman

Mumbai (IANS) Shares of Vodafone Idea plunged further on Thursday after Kumar Mangalam Birla stepped down as its Non-Executive Chairman.

Its shares have been tumbling for the past three days after Birla offered to hand over his stake in the…

Sensex surges 400 points, hits 54,000 for first time

Mumbai (IANS) The key Indian equity indices surged on Wednesday morning with the BSE Sensex crossing the 54,000-mark for the first time ever.

Both Sensex and the Nifty50 traded at record levels. Healthy buying was witnessed in metal, finance…

IBM working to set up software lab in Kochi

Kochi (IANS) IBM on Wednesday announced that it is working to set up a software lab in Kochi, during a discussion between Kerala Chief Minister Pinarayi Vijayan, Sandip Patel, Managing Director, IBM India, and Gaurav Sharma, Vice-President, IBM India…

Sensex, Nifty hit new record highs

Mumbai (IANS) The key Indian equity indices touched fresh all-time high levels on Tuesday morning.

The Sensex hit a record level of 53,292.82 and the Nifty50 touched a new high of 15,970.65 points.

Around 10.20 a.m., Sensex was trading…

Ola to launch electric scooters on Aug 15

Chennai (IANS) Electric scooter maker Ola Electric Mobility Pvt Ltd will launch its models on August 15, said Bhavish Aggarwal, Chairman and Group CEO of the company.

"Thanks to all who have reserved our scooter! Planning a launch event for…

India's auto component industry's FY21 YoY turnover down 3%

New Delhi (IANS) India's auto component industry's FY21 turnover fell by 3 per cent on a year-on-year basis due to pandemic unleashed disruptions.

Data furnished by the Automotive Component Manufacturers Association of India (ACMA)…

Growth Rebound: India's July manufacturing output zooms, says PMI

New Delhi (IANS) India's manufacturing sector output accelerated to the strongest growth rate in three months during July.

Accordingly, the headline seasonally adjusted IHS Markit India Manufacturing Purchasing Managers' Index (PMI)…

After Zomato, SoftBank backed Policybazaar to keep market pulse racing with its IPO

Mumbai (IANS) Online insurance marketplace Policybazaar has filed a draft red herring prospectus with the Securities Exchange Board of India for an initial public offering to raise Rs 6,017.50 crore from the market.

With this, Policybazaar…

India's July exports rise by over 47% YoY

New Delhi (IANS) India's merchandise exports in July 2021 rose to $35.17 billion, higher by 47.91 per cent on a year-on-year basis, preliminary official data showed on Monday.

Exports during July 2020 stood at $23.78 billion.

The…

Halt in fuel price revision continues, global oil rates above $75/bbl

New Delhi (IANS) Oil marketing companies (OMC) kept petrol and diesel prices unchanged for the 15th straight day.

In the national capital, petrol continued to be sold for Rs 101.84 per litre, while diesel was being sold at the unchanged rate…