Sensex surges 2000 points, best day in 5 months; mixed bag for Adani stocks
MUMBAI: Sensex rallied to close 2,000 points or 2.5% higher on Friday at 79,117 on the back of a strong […]
Business
RBI: Policy guidance is more effective when rates are low
MUMBAI: Interest rate guidance is more effective when policy rates are low as compared to when they are on their
‘Byju asked business ally to flee to avoid testifying in US court’
Mumbai: Byju Raveendran, founder of edtech startup Byju’s, allegedly tried to convince his US-based business associate William R Hailer to
Forex reserves drop by record $18 billion in a week
MUMBAI: Foreign exchange reserves fell by nearly $18 billion in the week ending Nov 15-the sharpest fall on record-as global
US indictment: Adani’s foreign backer GQG goes for buyback after stock slides 19%
MUMBAI: GQG Partners, a major foreign investor in the Adani group companies, has initiated defensive measures to safeguard its share
Rupee gains six paise against dollar to close at 84.44
MUMBAI: The rupee closed higher on Friday at 84.44, gaining six paise from Thursday’s close of 84.50, though it closed
US fund Advent to sell packaging company Manjushree for $1 billion
HONG KONG: US private equity firm Advent International has signed a deal to sell Indian packaging company Manjushree Technopack to
Binny Bansal quits PhonePe board
MUMBAI: Flipkart co-founder Binny Bansal has stepped down from the board of PhonePe, the fintech which the e-commerce firm had
Zomato to replace JSW Steel in sensex
Mumbai: Zomato, the app-based food delivery major that was listed in July 2021, will replace JSW Steel in the sensex
NTPC Green’s IPO attracts $1.8 billion bids
NTPC Green Energy, the renewable energy arm of state-owned NTPC, garnered bids worth Rs 15,406 billion rupees ($1.8 billion) on