New Delhi (IANS) Fintech giant Paytm's parent company One97 Communications Limited is headed for a $3 billion initial public offering (IPO), the highest ever market debut in India, and while the market leader has established its presence across…
Mumbai (IANS) The Nifty50 on the National Stock Exchange (NSE) gave up initial gains to turn flat after touching a new record high on Tuesday morning.
Nifty50 touched an all-time high of 15,660.75 earlier in the session.
Around 10.30…
Chennai (IANS) Tamil Nadu's Industrial Safety and Health Department has issued show cause notice to hydraulic cylinder maker Wipro Enterprises Pvt Ltd for violating Factories Act and allied labour laws at its plant near here.
The Department…
Mumbai (IANS) Rising crude oil prices, along with the impact of Covid's second wave, have substantially increased the challenges for India's airline sector, India Ratings and Research said.
"Ind-Ra believes challenges for the airlines…
Mumbai (IANS) The Nifty50 on the National Stock Exchange recorded a new high on Monday as it crossed the 15,500 mark for the first time in its history.
It touched a record high of 15,508.50.
Around 10.56 p.m., Nifty was trading at 15,507.10,…
New Delhi (IANS) Covid-19-induced volatility heavily dented India's economy last fiscal as its growth rate plunged (-) 7.3 per cent in 2020-21.
Though not comparable, the GDP had grown by 4 per cent in 2019-20.
The pandemic-triggered…
New Delhi (IANS) As many as 470 infrastructure projects reported cost overrun of over Rs 4.38 lakh crore as of May 1, 2021.
The Flash Report on Central sector projects for April published by the Ministry of Statistics and Programme Implementation…
New Delhi (IANS) The Centre has modified the Emergency Credit Line Guarantee Scheme (ECLGS) to bring the civil aviation sector under the ambit of the scheme.
Announcing ECLGS 4.0 on Sunday, the Finance Ministry also said that the current ceiling…
Mumbai (IANS) India's foreign exchange reserves rose by $2.865 billion during the week ended May 21.
According to the Reserve Bank of India's (RBI) weekly statistical supplement, the reserves increased to $592.894 billion from $590.028…
Mumbai (IANS) Tata Sons' subsidiary Tata Digital on Friday said it has acquired a majority stake in supermarket grocery supplies private limited, the company which is better known as BigBasket.
According to the company, E-grocery has been…