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

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

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

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

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

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

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

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

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

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

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.