June 18, 2024 08:43 (IST)
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Centre likely to name Speaker on June 26; Odisha, Andhra leaders in top race | Priyanka Gandhi to make poll debut with contest from from Wayanad, Rahul keeps Raebareli | Opposition slams Centre over Bengal train mishap that left 9 dead, demands govt to take responsibility | Elon Musk has not understood what the Indian EVM is: Rajeev Chandrasekhar counters Tesla CEO's claim | Result of mismanagement and negligence of Modi govt: Rahul Gandhi on Kanchanjungha train accident

CII President Sanjiv Puri feels India will be third-largest economy in next few years

A top Indian industry chambers body's head has claimed India will become the world's third-largest economy in the next few years.

SoftBank develops AI-driven voice tech to deal with angry customers

Japanese tech giant SoftBank Corp has introduced an innovative voice-altering phone technology to combat the growing issue of "customer harassment."

Paytm employees allege forced resignations; company rejects allegations

Mumbai: Several Paytm employees are on the verge of losing their jobs, with some staff members unsuccessfully negotiating for a pay cut instead, according to The Times of India.

PNB MetLife announces Rs 930 cr benefitting 5.82 lakh customers

Mumbai: PNB MetLife has announced a bonus of Rs 930 crore for eligible participating policyholders, benefiting 5.82 lakh customers.

Adani Enterprises promoters raise stake to 73.95% in the company

Mumbai: Gautam Adani and the promoter group of Adani Enterprises have acquired over two percent of the company's stake from the open market between September 2023 and June 2024, as reported in a stock exchange filing on June 14.

Nirmala Sitharaman set to make history with 7th consecutive Budget next month

New Delhi: Finance Minister Nirmala Sitharaman is poised to make history next month when she presents the Union Budget 2024-25 in Parliament.

Hyundai to liquidate 17.5% stake in Hyundai Motor India to raise up to $3 billion via IPO

Mumbai: South Korean automaker Hyundai plans to reduce its 17.5 percent stake in its Indian subsidiary, Hyundai Motor India, through an initial public offering (IPO) aimed at raising between $2.5 billion and $3 billion, media reports said.

Vodafone Group to sell entire $2.3 bn stake in Indus Towers

Mumbai: Vodafone Group is planning to sell its entire $2.3 billion stake in India's Indus Towers through block deals on the stock market next week, Reuters reported citing two sources with direct knowledge of the matter.

Bisk Farm introduces two new products in its 'Eat Fit' range

Kolkata: SAJ Food’s bakery brand Bisk Farm has expanded its 'Eat Fit' portfolio with the launch of two new offerings: ‘Eat Fit Digestive’ and ‘Eat Fit Atta Marie’.

Godrej & Boyce plans to double revenue in next 3 yrs, eyes India’s EV sector growth

Mumbai: Godrej & Boyce on Thursday announced that its motor components business is targeting to double its revenue to Rs 1000 crore within the next three years, with 50% of the revenue coming from India, and the remaining targeted from exports.

The Top Trading Types in India

Hundreds and thousands of people are interested in trading, whether that's trend trading, day trading, or rather trading in cryptocurrency, securities and futures. These are all exciting avenues to explore, but it's essential to know the actual meaning behind each term and methodology, along with the associated risks and requirements.

SEBI fines former CNBC Awaaz anchor, technical analyst for engaging in fraudulent trading practices

New Delhi/IBNS: The Securities and Exchange Board of India (SEBI), the regulatory body for securities and commodity market in the country, on Tuesday (June 11) imposed a fine of Rs 1 crore each on former CNBC Awaaz markets editor Pradeep Pandya and technical analyst Alpesh Vasanji Furiya for engaging in fraudulent trading practices, reports said.

India's bankruptcy regulator seeks views on cutting red tape to help resolution professionals

New Delhi/IBNS: India's bankruptcy rule-maker, the Insolvency and Bankruptcy Board of India (IBBI), said that it is planning to reduce the compliance burden of debt resolution professionals so that they can concentrate on stitching together rescue plans for companies under their supervision.

State Bank of India to raise $3 billion via debt in FY2025

Mumbai/IBNS: India's largest lender State Bank of India (SBI) on Tuesday (June 11) said that its board has approved raising up to $3 billion via debt in the current fiscal year (FY25), reports said.

S&P 500, Nasdaq post all-time closing highs ahead of CPI, Fed decision

New York/IBNS: The S&P 500 and Nasdaq rose on Tuesday (June 11) to end at all-time highs, reversing early losses as investors prepared for upcoming inflation data and the United States Federal Reserve's policy meeting, reports said.