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Adani Group, founded by Gautam Adani in 1988, is one of India’s largest conglomerates, with diverse interests in ports, energy, infrastructure, and logistics. It operates the largest private port in India, Mundra Port, and is a leader in renewable energy. The group has expanded globally, with projects in Australia and various other countries. Adani is […]
Sensex and Nifty 50 ended lower on November 21, 2024, amid weak global cues. The Sensex opened at 77,711.11, fell 1% to 76,802.73, and closed 0.54% down at 77,155.79. The Nifty 50 opened at 23,488.45, dropped over 1% to 23,263.15, and closed 0.72% lower at 23,349.90. Both indices were impacted by negative global sentiment, contributing […]
Civil Aviation Secretary Vumlunmang Vualnam announced on Thursday that the number of aircraft with domestic airlines in India will rise to 1,400 within the next five years. Currently, the fleet stands at around 800 planes, with major carriers IndiGo and Air India placing substantial aircraft orders, reflecting the sector’s growth potential.
The Sensex and Nifty opened at fresh record levels in early trade today, November 21, 2024. The Sensex started trading today at 77355.52, down 280.51 points or 0.36%, and the Nifty was at 23379.40, down 139.10 points or 0.59%. Meanwhile, the Indian rupee was trading today at 84.42 against the dollar.
Foreign Direct Investment (FDI) into India witnessed a significant increase of 25.7% between April and September of the current financial year, as per RBI data. During this period, FDI inflows reached $42.1 billion (₹3.55 lakh crore), compared to ₹2.82 lakh crore during the same period last year. Analysts attribute this growth to India’s rapidly expanding […]
Chennai-based real estate firm Casagrand is sending 1,000 employees on a week-long, all-expenses-paid trip to Barcelona, Spain, as part of its “profit-share bonanza” program. This reward recognizes employees from various departments who contributed to meeting the company’s sales targets in previous financial year. The initiative celebrates their dedication, commitment & co...
NTPC Ltd has introduced its eco-friendly and affordable housing solution, the ‘Sukh eco-house,’ at the India International Trade Fair (IITF) 2024. The houses use around 80% ash and ash-based products from thermal power plants, providing a sustainable, low-carbon option for rural housing. The initiative reflects NTPC’s commitment to sustainability and zero-carbon emissions.
Here are the silver prices per 10 grams today in the top cities. ★ Chennai – ₹1010, ★ Mumbai – ₹920, ★ Delhi – ₹920, ★ Kolkata – ₹920, ★ Bangalore – ₹920, ★ Hyderabad – ₹1011, ★ Kerala – ₹1010, ★ Pune – ₹920, ★ Vadodara – ₹920, ★ Ahmedabad – ₹920, ★ Jaipur […]
Bitcoin hit a record high above $94,000, boosted by reports of Trump Media acquiring crypto firm Bakkt, fueling hopes for a crypto-friendly administration. Bitcoin has more than doubled this year, supported by traders capitalizing on BlackRock’s Bitcoin ETF and Nasdaq options. The global cryptocurrency market surpassed $3 trillion, with analysts predicting further growth amid strong [&hel...
The Sensex and Nifty opened at fresh record levels in early trade today, November 20, 2024. The Sensex started trading today at 77578.38, up 239.37 points or 0.31%, and the Nifty was at 23518.50, up 64.70 points or 0.28%. Meanwhile, the Indian rupee was trading today at 84.38 against the dollar.
A Demat account in India is essential for holding shares and securities in electronic form, eliminating the need for physical certificates. It simplifies trading by facilitating quick transactions and offers benefits like reduced risks of loss or theft. Demat accounts can hold various financial instruments, including stocks. They are linked to a bank account for […]
A Deloitte India survey revealed that 74% of high-end corporate taxpayers want near real-time reporting and compliance monitoring by the Income Tax Department. The survey, covering 250 top taxpayers, also found that 67% seek tax e-wallets for prompt refunds and adjustments. Respondents advocated for adopting the Standard Audit File for Tax (SAF-T) to enhance tax […]
PhonePe announced that it has reached 6.4 million ratings on the Apple App Store in India, with an impressive average rating of 4.7 stars. This milestone makes PhonePe the top-rated app in India, surpassing YouTube, Instagram, and WhatsApp. The achievement reflects the app’s superior user interface, high transaction success rates, and strong user preference.
Realty firm RMZ has formed a joint venture with Colt Data Centre Services (Colt DCS) to invest USD 1.7 billion in India’s data centre market. The partnership, through RMZ Digital Infrastructure Partners (RDIP), aims to develop digital infrastructure in the country. Colt DCS, a leading global hyperscale data centre operator, will collaborate in this venture.
Indian stock markets ended their seven-day losing streak to settle in positive territory on Tuesday. Sensex added 239.37 points, or 0.31%, to settle at 77,578.38. Similarly, Nifty settled higher at 23,518.50, up 64.70 points or 0.28% from its previous close. Among broader markets, Smallcap and Midcap indices rose 0.97% and 0.93%, respectively.