The Sensex nosedived 1,688 points on Friday amid concerns over the new coronavirus variant that also led to a rout in global markets. During the last week, the BSE benchmark plunged 2,528.86 points or 4.24 per cent.
As per depositories data, overseas investors put in a net Rs 1,400 crore into equities and Rs 3,919 crore into the debt segment between November 1-26. This translated into a total net investment of Rs 5,319 crore.
Reliance Industries saw its market worth tank by Rs 38,440.66 crore to Rs 15,30,109.51 crore. Infosys’s valuation took a hit of Rs 37,950.03 crore to reach Rs 7,10,925.34 crore and that of HDFC plummeted by Rs 33,067.68 crore to Rs 4,96,168.98 crore.
So far in 2021, as many as 51 companies have launched their IPOs to raise over Rs 1 lakh crore from the market, according to the analysis of data with exchanges.
State-owned fuel retailers Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) revise petrol and diesel prices daily.
The ED is determining whether Amazon breached the Foreign Exchange Management Act in its Rs 1,431 crore deal to purchase a 49 per cent stake in Future Coupons Pvt Ltd in 2019.
The public offer includes a reservation of shares worth Rs 100 crore for employees. At the upper end of the price band, the initial share-sale is expected to fetch Rs 7,249.18 crore.
While BNPL schemes and offers are highly enticing, especially when people are desperate to take a holiday after being restricted inside their home due to Covid, it makes sense to be careful and not take too much debt.
Out-of-stock items due to supply crunches, higher prices for gas and food, and labor shortages that make it more difficult to respond to customers are also causing frustrations for shoppers.
Paytm CEO and founder Vijay Shekhar Sharma mentioned that crypto will be mainstream in near future, just like the internet and urged the government of India to take a stand to clear all confusions among crypto investors.
The company in its first quarterly earnings report since debuting on bourses informed that its total revenue rose 69 per cent on a YoY basis to reach Rs 1,086.4 crore.
Bitcoin (BTC) tumbles 6.08 per cent in the last 24 hours, while Ethereum crashes 7.08 per cent in the last 24 hours, as at 9.30 am, according to data from coinmarketcap.com
BSE and NSE's Friday performance implied that the indices have fallen 6 times in the last 8 days of trade. Concerns about the new coronavirus variant and Fed outcome dominated investor sentiments.
Amazon has been in the game of taking your television to the next level for many years now. This isn’t a regular Fire TV device nor is it the company’s first. Instead, this is the maxed-out version for 2021.
Lenders prefer to sanction loans to customers who have minimal chances of loan default. One can follow a few ways to increase the chance of getting loan application approved quickly.
RBI said in its order that the State Bank of India held excess shares in borrower companies which exceeded thirty per cent of the paid-up share capital of the companies.
Overspending during a holiday can leave a bad aftertaste and the debt burden can spoil all the fun you had during the trip. So make a budget in advance and stick to it.
Ashok Leyland informed that Vipin Sondhi tendered his resignation to devote more time to take care of certain personal commitments. Sondhi was appointed the CEO back in December 2019 for a period of five years.
Every act of dissent is an art. Of pain and pathos. Of hope and new dawn. It’s their story. It’s everyone’s story.
Dissent is less about material gains than the intangibles they leave us with.
For India’s manual scavengers, mere existence is a protest, because they need to fight just to reclaim their humanity and dignity.
While everyone is going gaga over actress Katrina Kaif in the revamped version of 'Tip Tip Barsa Pani', the replacement of Raveena Tandon does point towards the problem of sexism and ageism in the Indian film industry
Australia winning the T20 World Cup for the first time has been timely as they host the next edition at their own backyard in 2022.
As per the Observer Research Foundation, close to 250 million children in India were adversely affected due to school closures due to the early lockdowns imposed by the government in response to Covid-19.
India's cricket administrators showed more drive to boost BCCI's coffers rather than take care of players' welfare during pandemic times.