The Food Safety and Standards Authority of India (FSSAI) has mandated all Food Business Operators (FBOs) to immediately remove ‘100% fruit juice claims from labels and advertisements of reconstituted fruit …
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A technical malfunction at the New York Stock Exchange (NYSE) caused certain stocks to display inaccurate prices on Monday. The glitch persisted for roughly two hours, resulting in trading pauses …
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Sensex, Nifty hit record high opening after exit polls forecast third term for Modi’s NDA
by smtfinby smtfinBenchmark equity indices soared nearly 4% early Monday, reaching new all-time highs, as bullish sentiment swept D-Street after Saturday’s exit poll results. MUMBAI: India’s stock markets soared to Nifty hit …
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Rs 1.4 lakh crore gain! Adani stocks soar up to 16% as exit polls forecast Modi’s return
by smtfinby smtfinAdani Group stocks surged up to 16% as exit polls forecast a win for Prime Minister Narendra Modi. The conglomerate’s total market cap increased by nearly Rs 1.4 lakh crore, …
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India will raise road toll charges nationwide by 3-5% starting Monday, officials announced, after postponing the annual increase in April due to the general elections. Toll charges in India are …
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Samir Modi accuses his mother, Bina, of orchestrating an attack on him amid a dispute at Godfrey Phillips
by smtfinby smtfinA spokesperson for Godfrey Phillips refuted the accusation, labeling it as “completely untrue and outrageous.” The individual stated that the purported incident took place outside the boardroom during a 12 …
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Maruti Suzuki plans to establish 25,000 electric vehicle (EV) charging stations in preparation for the launch of its eVX model
As Maruti Suzuki India gears up for the launch of its first electric vehicle, the midsize SUV known as the Concept eVX, the company is …
Vodafone Idea share price plummets 15% after the Supreme Court dismisses telecom companies’ plea for re-computation of AGR dues
Vodafone Idea shares faced a sharp 15% decline, hitting the lower circuit after the Supreme Court of India dismissed telecom companies’ plea for the re-computation …
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Business
Reliance plans to acquire a 13% stake in Viacom18 by purchasing Paramount’s share for Rs 4,286 crore
by adminby adminReliance Industries, according to a regulatory filing, will buy Paramount Global’s 13.01% stake in Viacom 18 Media for around Rs. 4,286 crore. This move will …
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India News
Tata Motors inks deal with Tamil Nadu government to establish ₹9,000-crore vehicle manufacturing plant
by adminby adminTata Motors and the Tamil Nadu Government have agreed to establish a vehicle manufacturing facility in the state, investing Rs 9,000 crore over five years. …
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Business
Zerodha’s asset management company (AMC) arm is discussing with investors to raise up to $100 million as reported by Entrackr
by adminby adminIf the deal is finalized, it will mark the first instance of a Zerodha Group company seeking external funding.
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Market News
Vishal Mega Mart intends $1 billion IPO, investment banks to present pitches this week: Report
by adminby adminIndia’s Vishal Mega Mart intends to launch a $1 billion IPO, valuing the budget supermarket chain at a potential $5 billion. Partners Group and Kedaara …
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Business
British American Tobacco (BAT) has divested a 3.5% stake in ITC through a block deal worth Rs 17,500 crore , causing the stock to surge by over 8%
by adminby adminBritish American Tobacco (BAT) decreased its ownership in ITC by selling a 3.5% stake, intending to utilize the proceeds for share repurchase. Following this development, …
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Business
Adani Group stocks plummet by up to 13%, wiping out ₹90,000 crore from market capitalization
by adminby adminAs all ten Adani Group stocks dip, the total loss in market capitalization exceeds Rs 90,000 crore.
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On Monday, the Modi government officially issued the regulations for the Citizenship Amendment Act (CAA). This law streamlines the citizenship procedure for non-Muslim immigrants who …
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British American Tobacco (BAT) is contemplating selling a portion of its stake in ITC. With a current ownership of 29%, BAT considers retaining 25% for …
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India News
Supreme Court to listen to SBI’s request for a deadline extension on disclosing information about electoral bonds on March 11
by adminby adminChief Justice of India D Y Chandrachud, leading a five-judge constitution bench, will also address ADR’s contempt plea, accusing the State Bank of India of …
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Business
The Adani group intends to invest ₹60,000 crores into airport business over the course of the next decade
by adminby adminThe Adani Group plans to expand its airport capacity to 2.5-3 times its current level by 2040. They currently operate seven airports, with one more …