Business
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…

Nothing Phone (2a) 60K units sold within 60 min of its launch

Nothing Phone (2a) 60K units sold within 60 min of its launch

12-03-2024 comments

New Delhi (IANS) London-based consumer tech brand, Nothing on Tuesday said it sold 60,000 units of its latest smartphone -- Phone (2a), across channels within just 60 minutes of its launch.

The overwhelming demand resulted in the phone being…

Small-cap stocks face selling pressure as broader markets underperform

Small-cap stocks face selling pressure as broader markets underperform

11-03-2024 comments

New Delhi (IANS) Small-cap stocks are under as the index fell more than 1 per cent on Monday amid concerns over valuations.

BSE Small Cap Index is down 1.2 per cent while the benchmark Sensex is down only 0.34 per cent, down by 255 points.

Life insurers first-year premium moving in subdued manner: CARE Ratings

Life insurers first-year premium moving in subdued manner: CARE Ratings

11-03-2024 comments

Chennai (IANS) Indian life insurers after a robust growth in FY23, their first-year premium numbers in FY24 have been moving in a subdued manner, said credit rating agency CARE Ratings in its latest report.

However, for February 2024, first-year…

Volatility expected in markets in upcoming week

Volatility expected in markets in upcoming week

10-03-2024 comments

New Delhi (IANS) Volatility is expected to persist in markets in the upcoming week due to high valuations and forthcoming policy rate guidance releases, says Vinod Nair, Head of Research, Geojit Financial Services.

The ECB kept the rate status…

India signs economic pact with 4 European nations, $100 bn FDI expected to flow in

India signs economic pact with 4 European nations, $100 bn FDI expected to flow in

10-03-2024 comments

New Delhi (IANS) India and the four-nation EFTA bloc of European nations signed an economic agreement on Sunday

India and the European Free Trade Association (EFTA), comprising Switzerland, Norway, Iceland and Liechtenstein, signed an economic…

Coal sector PSUs surpass target with Rs 22,448 crore CAPEX in 2023-24

Coal sector PSUs surpass target with Rs 22,448 crore CAPEX in 2023-24

09-03-2024 comments

New Delhi (IANS) Coal sector PSUs such as Coal India Ltd and NLCIL have surpassed the annual target of 21,030 crore capital expenditure (CAPEX) fixed for the current financial year ending on March 31, 2024 with a total investment of Rs 22,448.24 crore…

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