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Gautam Adani announced a $10 billion investment to enhance US energy security and infrastructure, aiming to create 15,000 jobs. Following Donald Trump’s election, Adani praised his tenacity and expressed optimism for stronger US-India relations. This commitment aligns with both nations’ focus on sustainable energy. The partnership includes progress on renewable initiatives and green...
Mukesh Ambani, Chairman of Reliance Industries, is the only Indian in Fortune’s 2024 list of the 100 most powerful industrialists, securing 12th place. The list includes global leaders like Elon Musk, Jensen Huang, and Satya Nadella. Ambani’s leadership of Reliance, including innovations like Jio and advancements in retail and green energy, has cemented his status […]
The Indian Railways has increased the ticket booking limits on the IRCTC website: users linked to Aadhaar can now book 24 tickets per month, while those without Aadhaar can book 12. Previously, the limits were six and twelve, respectively. This change aims to assist frequent travelers, especially during the festive season. Special procedures are required […]
Indian stock markets ended the week’s last trading session in the negative territory. The market will remain closed on Friday, on account of Prakash Gurpurb Sri Guru Nanak Dev Jayanti. Sensex shed 110.64 points or 0.14% to settle at 77,580.31. Similarly, Nifty ended at 23,532.70, down 26.35 points or 0.11%. In broader markets, Smallcap and […]
The Sensex and Nifty opened at fresh record levels in early trade today, November 14, 2024. The Sensex started trading today at 77636.94, down 54.01 points or 0.07%, and the Nifty was at 23542.15, down 16.90 points or 0.07%. Meanwhile, the Indian rupee was trading today at 84.41 against the dollar.
The Sensex and Nifty opened at fresh record levels in early trade today, November 14, 2024. The Sensex started trading today at 77636.94, down 54.01 points or 0.07%, and the Nifty was at 23542.15, down 16.90 points or 0.07%. Meanwhile, the Indian rupee was trading today at 84.41 against the dollar.
Nokia announced that it has acquired the world’s largest API hub and marketplace from U.S. company Rapid to boost revenue from its 5G and 4G networks. The deal allows Nokia to own Rapid’s technology and R&D unit, enabling clients to integrate networks, control API usage, and collaborate with developers, as the company seeks to capitalize […]
Swiggy’s stock market debut on Wednesday turned over 500 current and former employees into crorepatis, as its IPO unlocked ₹9,000 crore in ESOPs. With shares listed at ₹420, a nearly 8% premium, the food delivery giant’s market valuation hit ₹89,549 crore. The IPO was fully subscribed, raising ₹11,327 crore, with funds aimed at technology investment, […]
Indian visitor arrivals to Singapore surpassed one million in October, two months ahead of 2023, marking a significant tourism recovery. The milestone was reached when Singapore Airlines flight SQ-421 from Mumbai landed at Changi Airport on October 31, bringing Singapore’s millionth Indian visitor for 2024, according to the Singapore Tourism Board (STB).
From November 15, ICICI Bank will revise credit card charges, including finance and late payment fees. Finance charges on unpaid balances will be 3.75% monthly (45% annually). Late payment fees will vary by balance, with Rs 1,300 for over Rs 50,000. Education payments via third-party apps and utility transactions above Rs 50,000 will incur a […]
Union Ministry of New and Renewable Energy (MNRE) will hold a two-day ‘Chintan Shivir’ in Bhubaneswar on November 14-15, focusing on strategies to achieve India’s 500 GW renewable energy target by 2030 and the 1800 GW goal by 2047. Union Minister Pralhad Joshi will inaugurate the event, with key leaders, including Odisha CM, addressing it.
The Sensex and Nifty opened at fresh record levels in early trade today, November 13, 2024. The Sensex started trading today at 78432.26, down 242.92 points or 0.31%, and the Nifty was at 23772.70, down 110.75 points or 0.46%. Meanwhile, the Indian rupee was trading today at 84.41 against the dollar.
Swiggy shares surged 7.7% in pre-open trade on Wednesday, debuting at 420 rupees ($4.98) on the National Stock Exchange, above its issue price of 390 rupees. The Indian food and grocery delivery firm’s $1.4 billion initial public offering (IPO) was oversubscribed by over three times last week, driven by strong demand from institutional investors. This […]
Following two successful mergers, Air India Group now boasts a fleet of 300 planes, serving 312 routes with 8,300 weekly flights. The recent merger with Vistara adds 67 wide-body aircraft, including seven from Vistara. The new entity will operate 5,600 weekly flights, connecting over 90 destinations. This expansion will enable the airline to serve more […]
Ahead of the Jio-Disney+ Hotstar merger, a new website, jiostar.com, has gone live, hinting at the upcoming “Jio Star” streaming platform launch on November 14. Originally rumored to be named JioHotstar, Jio Star will unify JioCinema and Disney+ Hotstar content. Meanwhile, India’s telecom regulator, TRAI, is set to release new satellite communication guidelines by mid-December.