Equity benchmark Sensex rallied over 300 points in early trade to hit its fresh intra-day record on Thursday tracking gains in index majors HDFC Bank, Reliance Industries and Maruti amid largely positive cues from global markets.
China has started importing Indian rice after a gap of two years and placed orders for shipment of about 5,000 tonnes of non-basmati rice due to competitive prices offered by India compared to other nations, according to the All India Rice Exporters Association (AIREA).
Prices of potato that had skyrocketted in the past few months and is now near Rs 50 per kg is set to cool below Rs 40 per kg in West Bengal over thenext few days, an official of a cold storage association in the state said Wednesday.
Conditions will improve for Indian corporates next year as economic activity picks up steam post-lockdown and earnings grow on the back of widespread demand revival across sectors, Moody's Investors Service said on Wednesday.
Gold prices rose by Rs 675 to Rs 48,169 per 10 gram in the national capital on Wednesday reflecting gains in global precious metal prices, according to HDFC Securities.
The initial public offering of Burger King India got oversubscribed within a few hours of opening for subscription on Wednesday. The IPO, which will close on Friday, was subscribed 1.84 times.
Brickwork Ratings(BWR) in a report said that given the continued contraction of the economy, MPC is likely to continue with its accommodative monetary policy stance to manage financial stability and support growth recovery.
Indian IT services firm Infosys and Rolls-Royce, an aerospace and defence technology major, on Wednesday announced signing a strategic partnership for sourcing engineering and R&D Services for the latter''s Civil Aerospace business. As part of the overall partnership, Rolls-Royce will "transition a significant part of its engineering centre capabilities for civil aerospace in Bengaluru to Infosys", a statement said.
Uttar Pradesh Chief Minister Yogi Adityanath on Wednesday attended the listing ceremony of the Lucknow Municipal Corporation (LMC) bond, the first such listing from the entire northern region, on the Bombay Stock Exchange (BSE) in Mumbai.
In its 2021 outlook for rated Indian non-financial corporates, Moody's cited earnings growth on the back of widespread demand revival across sectors as the reason for giving a 'stable outlook' for Indian corporates in 2021.
Swedish firm IKEA, which is one of the world's largest companies that make furniture and home applications, will be opening about a dozen stores across Uttar Pradesh. Hoping to generate employment opportunities to at least 50,000 people in the state, the company is set to open country’s largest outlet in Noida within a few weeks.
Among gainers, Tata Steel rose the most by 1.49 per cent, Titan by 1.41 per cent and Asian Paints by 1.29 per cent. Auto, FMCG and Infra stocks were trading in the positive territory with L&T rising by 1.23 per cent.
Burger King India had undertaken a pre-IPO placement, by way of rights issue of Rs 58.08 crore at a price of Rs 44 per share to promoter and preferential allotment of Rs 91.92 crore at a price of Rs 58.50 per share.
India’s biggest writing instrument major Luxor Group on Tuesday announced its foray into the personal and home hygiene segment with a host of nanotechnology-based products under the Luxor Nano range.
A multi-national company in New Zealand is going to start 4-day work week for employees with no pay cuts. The trial will be a year long experience, said Unilever New Zealand, adding all 81 employees will be eligible to participate beginning this month. The company may also consider it adopting globally.
The Tata group is facing a roadblock to buy a Cafe Coffee Day unit, one of India's most popular coffee chains, beverage vending machine business after two big lenders to the Coffee Day Group has objected to the deal.
Airline major SpiceJet plans to launch 20 new flights on its domestic network in a phased manner from December 5, the company said on Tuesday.
Equity benchmark Sensex rallied 506 points to close at a fresh lifetime high on Tuesday, backed by gains in IT and finance stocks amid persistent foreign capital inflows.
Business conglomerate Shapoorji Pallonji's mid-income housing platform Joyville on Tuesday announced development of a new housing project in Pune, comprising over 1,100 flats, as part of its strategy to expand presence in major property markets.
Top News
