Image used for representational purpose. | Photo Credit: Reuters Benchmark indices Sensex and Nifty bounced back on Tuesday (January 14, 2025) after four days of sharp decline on easing retail inflation and a rebound in global markets. The 30-share BSE benchmark Sensex rose 169.62 points or 0.22% to settle at 76,499.63. During the day, it … Read more
Ahmedabad: The Adani Group on Friday raised about Rs 4,850 crore after selling 13.5 per cent of its stake in Adani Wilmar. The conglomerate last month announced its exit from Adani Wilmar by selling the bulk of its stake to a joint venture partner. In a stock exchange filing, the company announced the sale of … Read more
The 30-share BSE Sensex rises 1.59 points to close flat at 81,510.05. During the day, it climbed 217.88 points or 0.27% to hit an intraday high of 81,726.34. | Photo Credit: PTI GRAPHICS Equity benchmark indices Sensex and Nifty closed on a flat note on Tuesday (December 10, 2024) amid a lacklustre trade, as investors … Read more
The US Securities and Exchange Commission (SEC) approved America’s first round-the-clock national securities exchange yesterday, according to a press release. The 24X National Exchange will be set up in two phases. The first stage, expected to be implemented in the second half of 2025, would enable trading of US-listed shares between 4 a.m. and 7 … Read more
Quebec’s Alimentation Couche-Tard started with one store in 1980. Now, the retailer stands a serious chance of taking over the largest operator of convenience stores in the world: 7-Eleven. Currently, 7-Eleven’s more than 84,000 locations across the globe are owned by Japanese retailer giant, Seven & i Holdings, which rejected an offer worth $38.5 billion … Read more
Tupperware Brands, the company that revolutionized food storage decades ago, has filed for Chapter 11 bankruptcy protection. Tupperware, based in Orlando, Fla., plans to continue operating during the bankruptcy proceedings and will seek court approval for a sale, “in order to protect its iconic brand,” the company said just before midnight on Tuesday. The company … Read more
File, | Photo Credit: Reuters Benchmark equity indices Sensex and Nifty hit their fresh all-time high levels in early trade on Monday (September 2, 2024) tracking foreign fund inflows and a rally in the US markets. Equity markets have been continuously rallying amid the US rate cut hopes gathering momentum and renewed foreign fund inflows. … Read more
File. | Photo Credit: PTI Stock market benchmark indices Sensex and Nifty ended on a flat note after a volatile session on Tuesday (August 27, 2024) due to the emergence of profit-taking amid rising geopolitical tensions in the Middle East and Ukraine. The NSE gauge, however, hit a new lifetime peak of 25,017. After oscillating … Read more
NetEase Cloud Music, the Hong Kong-listed Chinese music-streaming service with more than 200 million monthly active users, reported a widespread outage for over two hours on Monday afternoon, blaming infrastructure issues. Starting from 3pm, users said online that while the mobile and web apps could be opened, they were unable to play music. Instead they … Read more
Mumbai: India’s equity indices closed lower on Thursday following a hawkish stance by the Reserve Bank of India (RBI) governor on monetary policy. At closing, Sensex fell 581 points, or 0.73 percent, to 78,886 and Nifty slipped 180 points, or 0.74 percent, to 24,117. The Central Bank kept the repo rate unchanged at 6.5 percent, … Read more
