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Sensex slips more than 500 points

Sensex slips more than 500 points

15-03-2024 comments

New Delhi (IANS) BSE Sensex is trading at 72,576.14 points, down by 521.14 points on Friday.

HPCL was down by 7 per cent, NTPC more than 3 per cent, M&M, Tata Motors more than 2 per cent and IOC, BPCL more than 6 per cent.

"The rebound…

Petrol, diesel prices cut by Rs 2 across India, Petroleum Minister says step shows PM's commitment to people

Petrol, diesel prices cut by Rs 2 across India, Petroleum Minister says step shows PM's commitment to people

15-03-2024 comments

New Delhi (IANS) Petrol and diesel across India will be cheaper by around Rs 2 per litre from early on Friday as the oil marketing companies have revised prices, the Petroleum and Natural Gas Ministry announced on Thursday.

"Oil Marketing Companies…

Govt clears new E-vehicle policy to woo world’s top manufacturers

Govt clears new E-vehicle policy to woo world’s top manufacturers

15-03-2024 comments

New Delhi (IANS) The Central government has approved a scheme to promote India as a manufacturing destination so that e-vehicles (EV) with the latest technology can be manufactured in the country.

Commerce Ministry on Friday said the policy…

Reliance Industries to acquire Paramount Global’s 13 pc stake in Viacom 18 Media for Rs 4286 cr

Reliance Industries to acquire Paramount Global’s 13 pc stake in Viacom 18 Media for Rs 4286 cr

14-03-2024 comments

New Delhi (IANS) Reliance Industries has signed an agreement to acquire 13.01 per cent equity stake of Viacom 18 Media Private Limited (Viacom18) held by Paramount Global through its two subsidiaries for an aggregate consideration of Rs 4,286 crore.

Govt inks pact for $23 mn ADB loan to strengthen fintech ecosystem in India

Govt inks pact for $23 mn ADB loan to strengthen fintech ecosystem in India

14-03-2024 comments

New Delhi (IANS) The Government of India and the Asian Development Bank (ADB) on Thursday signed a $23 million loan agreement to enhance access to quality fintech education, research, and innovation at the Gujarat International Finance Tec-City (GIFT-City).

Small cap index down 10 pc from the peak after SEBI red flags

Small cap index down 10 pc from the peak after SEBI red flags

13-03-2024 comments

New Delhi (IANS) Small and mid cap stocks are coming under intense selling pressure with the regulator raising red flags.

The small cap index is down more than 3 per cent on Wednesday. The mid cap index is down more than 2 per cent. The SME…

Zepto becomes first quick-commerce firm to levy platform fee of Rs 2

Zepto becomes first quick-commerce firm to levy platform fee of Rs 2

13-03-2024 comments

New Delhi (IANS) Zepto has become the first quick-commerce company to introduce a platform fee of Rs 2 per order.

The platform fee will apply to a select set of users.

Currently, Zomato-owned Blinkit and Swiggy Instamart, both competitors…

Sensex down nearly 1,000 points after massive selloff in markets

Sensex down nearly 1,000 points after massive selloff in markets

13-03-2024 comments

Mumbai (IANS) Sensex is now down almost 1,000 points in a broad based massive selloff in the markets.

BSE Sensex is trading at 72,691.46 points, down by 976.5 points or 1.33 per cent.

Deep cuts in PSU, power, infrastructure, metals,…

67 pc of online bus ticket bookings in India come from tier 2 & 3 cities: Report

67 pc of online bus ticket bookings in India come from tier 2 & 3 cities: Report

13-03-2024 comments

New Delhi (IANS) About 67 per cent of online bus ticket bookings in India come from tier 2 and tier 3 cities, while 33 per cent of bookings come from metros, a new report showed on Wednesday.

According to the online bus ticketing platform redBus,…

Small cap stocks down 7.8 pc from the peak

Small cap stocks down 7.8 pc from the peak

12-03-2024 comments

New Delhi (IANS) Small cap stocks continue to sink on regulator warnings about froth building up.

BSE Small Cap index is down almost 2 per cent on Tuesday even as the benchmark Sensex is up 0.31 per cent.

There can be redemptions from…

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