Business News


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Sensex, Nifty tumble over 1 percent on selling in banking shares, Reliance Industries

The broader NSE Nifty fell 287.60 points or 1.61 per cent to end at 17,604.35, marking its worst single-day fall since December 23, 2022.

published : 10 hours ago
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Rupee rises 8 paise to end at 81.53 against US dollar

On Wednesday, the rupee had slipped 2 paise against the US dollar. The currency markets were closed on Thursday on account of Republic Day.

published : 11 hours ago
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Adani group looks to invest in petrochem, mining in Azerbaijan

Adani met Azerbaijan President Ilham Aliyev in Davos last week, according to a statement from the office of the President of Azerbaijan.

published : 17 hours ago
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Hindenburg Research stands by its report on Adani, to seek disclosures in US court proceedings

"In the 36 hours since we released our report, Adani hasn't addressed a single substantive issue we raised," Hindenburg Research said on Twitter.

published : 18 hours ago
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Adani Group' stock price continues to fall for second day after Hindenburg's report

Shares of Adani Enterprises declined 2.23 per cent to Rs 3, 302.65 on January 27. Adani Green Energy, Adani Ports and Special Economic Zone, Adani Power also slipped anywhere between 5- 9 per cent.

published : 18 hours ago
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Rupee appreciates by 9 paise to 81.52 in opening trade

At the interbank foreign exchange market, the rupee opened higher at 81.51 against the previous close of 81.61.

published : 18 hours ago
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Sensex, Nifty fall in early trade on selling in banking shares, Reliance Industries

The 30-share BSE benchmark tanked 578.19 points to 59,626.87 in initial trade. The broader NSE Nifty fell 144.7 points to 17,747.25.

published : 19 hours ago
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Hindenburg unfazed by legal threat

Adani Group mulls legal recourse against short-seller’s damaging report by US-based firm Hindenburg .

published : 20 hours ago
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T+1 settlement cycle kicks in from today, to boost transactions, turnover

Investors are set to enter a new era from Friday with implementation of T+1 settlement cycle in the Indian stock exchanges. 

published : 21 hours ago
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Suzuki Motor to launch six battery EVs for India by financial year 2029-2030

The company’s arm Maruti Suzuki India is the largest passenger vehicle maker by sales in the country.

published : 21 hours ago
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India presents lucrative opportunities in telecom, manufacturing: LTIMindtree COO

India is a significant market in LTIMindtree’s rest of the world segment, which contributed 12.8% of its revenues in Q3FY23. 

published : 21 hours ago
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Low two-wheeler volume a concern: Uno Minda Chairman 

The company is hopeful two-wheeler (2W) sales will pickup as per capita vehicle ownership in India is very low as against developed nations.

published : 22 hours ago
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Government extends deadline for feedback on IT Rules

The editor’s body urged the government to expunge the amendment. 

published : 22 hours ago
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Non-life insurance industry grows 16 per cent in April-December 2022

Health and motor insurance were the main drivers of growth, said the report.

published : 22 hours ago
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Cash-strapped Pakistan's rupee plunges amid talks with IMF

Pakistan is seeking a crucial instalment of $1.1 billion from the fund — part of its $6 billion bailout package — to avoid default.

published : 26 Jan 2023
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Union Budget