Indian Market: Sensex down 323.34 pts
Mumbai, Nov 24 (UNI) The BSE Sensex on Wednesday slipped 323.34 pts to close at 58,340.99 as selling was seen in Materials, Energy and FMCG stocks.
Tata Steel executes the inaugural blockchain enabled trade between India and Bangladesh
Mumbai: Tata Steel has executed a blockchain enabled paperless export order with a metals major in Bangladesh.
Noel Tata steps down from all executive posts in Tata Group
Mumbai/IBNS: Noel Tata has stepped down as the managing director of Tata International after turning 65, the retirement age for the senior personnel in Tata Group, Economic Times reported.
Indian Market: Sensex advances over 100 pts
Mumbai/UNI: The BSE Sensex on Wednesday gained by 178 pts at 58,842.54 in opening trade, as buying was seen across the board.
India, China, Japan, US to release crude oil together to control prices
New Delhi/IBNS: India has agreed to release 5 million barrels of crude oil from its Strategic Petroleum Reserves (SPR) in parallel and in consultation with other major global energy consumers including the USA, China, Japan, and South Korea in order to curb the steep rise in petrol prices.
IT raids on Gujarat Gutkha distributor detect Rs 100 cr unaccounted income
New Delhi/IBNS: The Income Tax department has detected unaccounted income of more than Rs 100 crore during a series of raids at the properties of a leading Gutkha distributor in Ahmedabad, the Finance Ministry said in a statement.
Crypto markets fall as govt readies to pass bill to bar pvt cryptocurrencies
New Delhi/IBNS: The crypto markets fell sharply in India after the news of the government introducing a Bill to prohibit all private cryptocurrencies in the Parliament, leaving a few in order to "promote the underlying technology of cryptocurrency and its uses".
Powerhouse91 acquires fitness brand Slovic, targets 15-20x growth
New Delhi/IBNS: E-commerce aggregator Powerhouse91 announced the acquisition of Slovic, a sports and fitness brand, following the company's recent acquisition of a feminine wellness brand Azah.
Indian Market: Sensex regains 198.44 pts
Mumbai/UNI: Snapping a losing steak of last four sessions, the BSE Sensex on Tuesday recovered 198.44 pts to close at 58,664.33 on the strength of Power, Metal, Realty and Industrials stocks.
Jammu and Kashmir economy will double in next few years: Nirmala Sitharaman
Jammu/UNI: Stating that Jammu and Kashmir is rapidly passing through a developmental phase, Union Finance Minister Nirmala Sitharaman on Tuesday said that the economy of Jammu and Kashmir will be doubled in the next few years.
Indian Market: Sensex down over 200 pts
Mumbai/UNI: The BSE Sensex continued to slide for the fifth session on Tuesday as it dropped 261 pts to 58,204.33 in opening trade, as heavy selling was witnessed in Energy, Finance, IT and Bankex stocks.
Kotak Mahindra Bank launches Fintech Hackathon for gen-next
Kolkata/IBNS: Kotak Mahindra Bank Limited (KMBL) Monday launched their inaugural edition of a pan-India fintech hackathon- “Reign: REImaGiNe the way we bank!” targeting participation from undergraduate Indian engineering students.
JSPL's African arm to build Botswana coal mine next year
Gaborone/IBNS: Indian industrial major Jindal Steel and Power Ltd (JSPL) will construct a coal mine in Botswana's Mmamabula coalfields in 2022 to cater to the export market and supply a planned coal-fired power plant, Reuters reported.
SpiceJet to bring back Boeing 737 MAX after 2 years, will offer free broadband
New Delhi/IBNS: The Boeing 737 MAX jetliner, which was grounded for more than two years after 346 people were killed in two fatal air crashes, will be operational by low-cost carrier SpiceJet.
Sensex slumps 1170.12 pts to end at 58,465.85
Mumbai/UNI: The equity market continued to slide for the fourth consecutive session on Monday, as the BSE Sensex crashed 1170.12 pts to close below 59K at 58,465.85 following heavy selling in Realty, Consumer Durable, Oil and Gas and Energy stocks amid weak Asian Market.