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NEW DELHI: A number of stocks surged as much as 5% or more in Wednesday's trade as Dalal Street closed lower for the day. Equity benchmark Sensex ended the session down 239.31 points at 81312.32. The top gainers included 3P Land Holdings(up 10.00%), Morgan Ventures(up 10.00%), Shanti Educational(up 9.99%), Sezal Glass(up 9.99%), ITI Ltd(up 9.99%), Unimech Aerospace(up 9.99%), Amit Securities(up 9.99%), Kaya(up 9.99%), Global Vectra(up 9.98%) and Gopala Poly(up 9.97%) which surged over 5% in to ...Read More >
Mumbai, May 28 (PTI) Stock markets declined for the second straight day with benchmark Sensex falling by 239 points, dragged by FMCG major ITC after British multinational BAT Plc trimmed its ownership in the conglomerate. The 30-share BSE barometer declined 239.31 points or 0.29 per cent to settle at 81,312.32. During the day, it lost 307.61 points or 0.37 per cent to 81,244.02. The 50-issue NSE Nifty dropped 73.75 points or 0.30 per cent to 24,752.45. Among Sensex stocks, ITC fell over 3 per ...Read More >
New Delhi, May 20: Fintech company MobiKwik has reported a wider consolidated loss of Rs 56.03 crore in the fourth quarter of the financial year 2024-25 (Q4 FY25), compared to a small loss of just Rs 67 lakh in the same quarter last fiscal (Q4 FY24). The company's loss also increased from Rs 55.2 crore in the previous quarter (Q3 FY25), according to its stock exchange filing. For the full financial year FY25, MobiKwik recorded a loss of Rs 121.5 crore. This is a major setback for the Gurugram-b ...Read More >
May 19 (Reuters) - India's Vodafone Idea had its petition to waive more than $5 billion in debt it owes the government rejected by the country's top court on Monday, dealing a hammer blow to the country's third-largest telecom company. The court also dismissed a similar petition from bigger rival Bharti Airtel, but the rejection will have a bigger impact on debt-ridden Vodafone Idea. The company's stock fell as much as 10% on Monday following the court ruling. Vodafone Idea, a joint venture b ...Read More >
NEW DELHI: Gopal Vittal, Vice Chairman and MD of telecom firm Bharti Airtel and Deputy Chair GSMA, has been appointed as the acting chair of the GSMA board, a release said on Monday. The appointment came following the resignation of Jose Maria Alvares-Pallete, Chairman and CEO of Telefonica, from the company. By virtue of the resignation, he was no longer able to continue in the position of the Chair of the GSMA. Airtel, in a release, announced that Vittal has been appointed as acting chair of ...Read More >
Mumbai, Feb 3 (PTI) Benchmark stock indices Sensex and Nifty closed lower on Monday tracking weak global markets amid concerns over US President Donald Trump imposing tariffs on some of its trading partners. The 30-share BSE Sensex declined 319.22 points or 0.41 per cent to settle at 77,186.74, snapping its five-day rally. Intra-day, it tumbled 749.87 points or 0.96 per cent to 76,756.09. The NSE Nifty declined 121.10 points or 0.52 per cent to 23,361.05. From Sensex shares, Larsen & Toubro, T ...Read More >
New Delhi: After suffering subscriber losses for four months in a row, Reliance Jio bounced back and added wireless users in November while state-run Bharat Sanchar Nigam Ltd. (BSNL) once again started losing subscribers after adding for the last four months. Other private telcos - Bharti Airtel and Vodafone Idea - also lost subscribers in November, data released by Telecom Regulatory Authority of India (Trai) said Wednesday. As a result, the overall wireless subscribers continued the negative ...Read More >
New Delhi: Reliance Jio added 12.1 lakh wireless subscribers in November, pushing its mobile user tally to 46.12 crore, while rivals Bharti Airtel, Vodafone Idea and state-owned BSNL suffered subscriber losses, according to TRAI's latest data. Jio snapped decline of past four months, and spruced up its mobile user tally to 46.12 crore in November. Bharti Airtel lost 11.4 lakh wireless subscribers in November as its mobile user base slid to 38.4 crore. Vodafone Idea too suffered subscriber los ...Read More >
Mumbai, January 21: The Telecom Regulatory Authority of India (TRAI) has introduced new rules aimed at extending the duration of recharges and helping mobile users reduce expenses with frequent recharge cycles. India's telecom authority's new rules for SIM cards will help users who forgot to recharge their secondary SIM card and let them keep it active for more days. TRAI rules will be applied to the SIM cards offered by Reliance Jio, Bharti Airtel, BSNL, and Vodafone Idea. Mobile users can avo ...Read More >
Mumbai, Dec 6 (IANS) The Indian stock market opened flat on Friday ahead of the announcement of the RBI's monetary policy committee (MPC) meeting. The market is keeping a close eye on the decision around repo and CRR rates. At around 9:23 am, Sensex was trading at 81,775.54 after gaining 9.68 points or 0.01 per cent, while the Nifty was trading at 24,712.35 after rising 3.95 points or 0.02 per cent. The market trend remained positive. On the National Stock Exchange (NSE), 1,500 stocks were tra ...Read More >
NEW DELHI: Broadband policy think tank and advocacy group Friday opposed the government's move to refarm 1100 MHz spectrum, to meet the growing needs of next generation (5G) services. The Delhi-based group said that it is alarmed by the refarming decision of the 1100 MHZ and earmarking the upper 6GHz spectrum for International Mobile Telecommunications (IMT) services, and urged the government to reconsider this (refarming) this move. "The IMT in the 6GHz band not only cannot meet the advanced ...Read More >
Bharti Airtel has launched mobile services in the Kupwara, Baramulla, and Bandipore districts of Jammu and Kashmir. The telecom company, in partnership with the Indian Army, deployed mobile towers to bring connectivity to villages under the Vibrant Village Programme, benefiting locals and soldiers along the Line of Control. Bharti Airtel has marked a milestone as the first private telecom operator to introduce mobile services in the districts of Kupwara, Baramulla, and Bandipore within Jammu an ...Read More >
After much anticipation, Vodafone Idea (Vi) has finally launched its 5G services in the Indian market. Being the third-largest telecom service provider in India, it started offering 5G connectivity in 17 telecom circles, marking a small but significant beginning for its next-gen services. The rollout started two years after Vi participated in the 5G spectrum auction alongside Airtel and Jio, both of which launched their services in October 2022. According to the report filed by Telecom Talk, Vi ...Read More >
Mumbai, Dec 17 (PTI) Equity benchmark indices Sensex and Nifty slumped over 1 per cent on Tuesday, weighed down by an across-the-board selloff amid cautious investors approach ahead of the US Fed interest rate decision. Falling for the second day in a row, the 30-share BSE benchmark Sensex tanked 1,064.12 points or 1.30 per cent to settle at 80,684.45. During the day, it slumped 1,136.37 points or 1.39 per cent to 80,612.20. The NSE Nifty tumbled 332.25 points or 1.35 per cent to 24,336. From ...Read More >
Mumbai, Dec 17 (UNI) The BSE Sensex on Tuesday dropped another 1064.12 pts to settle at 80,684.45 as selling was witnessed in Telecommunications, Metal, and Energy stocks amid weak global cues. The National Stock Exchange (NSE) slipped 332.25 pts at 24,336. The BSE Sensex fell 237 pts to open at 81,511.81. It remained negative throughout the session. During the day it tanked 1136 pts at 80,612.20, a day low, before closing at 80,684.45, sinking 1064.12 pts from its previous close. The Nifty ...Read More >
Temasek-backed StarAgri, a leading post-harvest management services company, has filed its draft red herring prospectus with SEBI for raising ₹450 crore through initial public offering. The IPO will feature a fresh issue of shares worth ₹450 crore and an offer-for-sale of 2.69 crore shares. Among the key stakeholders, Claymore Investments (Mauritius) Pte, a Temasek Holdings subsidiary, will offload 1.19 crore shares, with the remaining shares offered by StarAgri's promoters. The company is a ...Read More >
Indian IT stocks surged on Thursday, with the Nifty IT index reaching a new high of 46,000. Companies like Coforge and Tech Mahindra led the gains, rising up to 4%, fueled by positive U.S. inflation data and hopes of a Fed rate cut. Several other IT firms also hit 52-week highs, defying the broader market trend.Indian IT stocks outperformed the broader market on Thursday, with the Nifty IT index hitting a new high of 46,000.Leading the charge were Coforge and Tech Mahindra, which surged up to 4% ...Read More >
Mumbai, Dec 13 (PTI) Benchmark indices Sensex and Nifty slumped on Friday morning dragged down by metal stocks, foreign fund outflows and weak global cues. The 30-share BSE benchmark Sensex tumbled 1,207.14 points to 80,082.82 in the late morning trade. The NSE Nifty tanked 367.9 points to 24,180.80. Also Read | Stock Market Today: Sensex, Nifty Fall More Than 1% As Global Risks Weigh on Market Sentiment. Among the 30-share Sensex blue-chip pack, JSW Steel, Tata Steel, IndusInd Bank, Bajaj Fi ...Read More >
Mumbai, Dec 13 (PTI) Benchmark indices Sensex and Nifty slumped on Friday morning dragged down by metal stocks, foreign fund outflows and weak global cues. The 30-share BSE benchmark Sensex tumbled 1,207.14 points to 80,082.82 in the late morning trade. The NSE Nifty tanked 367.9 points to 24,180.80. Among the 30-share Sensex blue-chip pack, JSW Steel, Tata Steel, IndusInd Bank, Bajaj Finserv, Axis Bank, Larsen & Toubro, ITC and Mahindra & Mahindra were the biggest laggards. Bharti Airtel and ...Read More >
Mumbai, Dec 12 (UNI) The BSE Sensex on Thursday slipped 236.18 pts to settle at 81,289.96 as selling was seen in FMCG, Energy and Oil and Gas stocks. The National Stock Exchange (NSE) slipped 93.10 pts at 24,548.70. The oscillation was seen during the day, as the Sensex opened on a weak note at 81,476.76, falling 50 pts. It tanked nearly 315 pts at 81,211.64, a day low, before closing at 81,289.96, sliding 236.18 pts from its previous close. Meanwhile, it gained 154 pts at 81,680.97, a day hi ...Read More >
Tripura Chief Minister Manik Saha announced on Monday that Reliance Industries will dispatch a team to evaluate investment opportunities in the northeastern state. Speaking at a party program in Khumulwng, Sepahijala district, the CM shared that he recently met Reliance Industries Chairman Mukesh Ambani in Mumbai to discuss potential areas for investment in Tripura. "I invited him to join the state's journey for development. In Tripura, there is a possibility of tourism. Besides, the northeast ...Read More >
Mumbai: Indian frontline indices closed on a flat note on Wednesday as investors are waiting for November CPI (Consumer Price Index) data, which will be released by the government on Thursday. At closing, Sensex was up 16 points at 81,526 and Nifty was up 31 points at 24,641. The broader market trend was positive. On the Bombay Stock Exchange (BSE), 2143 shares closed in the green, 1,839 settled in the red and 113 shares closed without change. Among the sectoral indices, Auto, IT, Fin Service ...Read More >
Brookfield India Real Estate Trust's Rs 2,800- crore QIP has drawn interest from institutional investors such as India's biggest insurer Life Insurance Corporation of India (LIC), World Bank arm IFC and mutual funds such as ICICI Prudential MF and SBI MF, sources told Moneycontrol. The Canadian investment firm Brookfield-backed firm's QIP, with a base issue size of Rs 2,800 crore, saw a 2x demand from investors, the sources said. "This is the first time LIC and IFC have invested in a REIT in I ...Read More >
New Delhi [India], December 10: Motorola, India's best# 5G smartphone brand, announces the launch of the moto g35 5G to disrupt the affordable 5G smartphone market. This smartphone launched as the segment's fastest* 5G with the segment's highest 12 5G bands and supports VoNR connectivity, 4x4 MIMO, and 4 Carrier aggregation for a seamless and future-ready 5G experience. The moto g35 5G is compatible with all 5G network operators including Airtel and Jio, supporting both NSA and SA 5G networks, m ...Read More >
Mumbai, Dec 10 (VOICE) The Indian stock market closed on a muted note on Tuesday after range-bound trading during the session. At closing, Sensex was up 1.59 points at 81,510.05, and Nifty was down 8.95 points at 24,610.05. Meanwhile, the broader market closed on a positive note. On the Bombay Stock Exchange (BSE), 2,025 stocks closed in the green, 1,938 stocks settled in the red, and 130 without change. During the session, midcap and smallcap stocks outperformed largecap. Nifty midcap 100 ind ...Read More >
Mumbai, Dec 10 (PTI) Equity benchmark indices Sensex and Nifty closed on a flat note on Tuesday amid a lacklustre trade, as investors preferred to stay on the sidelines in the absence of any fresh trigger. Besides, a weak trend in European markets also impacted investors' sentiment, according to traders. 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 per cent to hit an intraday high of 81,726.34. The NSE Nifty fell 8.95 p ...Read More >
Mumbai (Maharashtra) [India], December 10 (ANI): The stock market ended Tuesday's trading session on a subdued note, with the benchmark indices showing little movement. The Sensex edged up by 1.59 points, closing at 81,510.05, while the Nifty declined by 8.95 points to end at 24,610.05. Also Read | Parliament Winter Session 2024: Congress, INDIA Bloc Allies Move No-Trust Motion Against Rajya Sabha Chairman Jagdeep Dhankhar; Alleges 'Proceedings in Upper House Conducted in Partisan Manner'. In ...Read More >
With its competitive pricing, BSNL is now posing a stiff challenge to industry leaders such as Mukesh Ambani-led Reliance Jio and Sunil Mittal's Airtel. In a major setback for Reliance Jio -- India's largest telecom provider led by billionaire Mukesh Ambani -- it lost a whopping 7.9 million (79 lakh) subscribers in a single month this year as millions of users switched to state-owned BSNL after private telcos hiked mobile tariffs by a significant margin earlier in July 2024. According to data ...Read More >
Bengaluru (Karnataka) [India], December 5: MoEngage, a leading insights-led customer engagement platform, announced today that it has achieved the Amazon Web Services (AWS) Consumer Goods Competency. As an AWS Partner, MoEngage has earned the AWS Consumer Goods Competency designation, which recognizes its expertise in delivering validated solutions to help consumer goods brands overcome operational challenges within the industry. By leveraging deep industry knowledge and proven AWS solutions,MoE ...Read More >
NEW DELHI: HDFC Bank(Rs. 4142.73 crore), RIL(Rs. 2570.17 crore), HEG(Rs. 2539.05 crore), Swan Energy(Rs. 2202.18 crore), Axis Bank(Rs. 2129.62 crore), Mazagon Dock Ship(Rs. 1946.11 crore), ICICI Bank(Rs. 1519.50 crore), TCS(Rs. 1440.06 crore), Dixon Tech(Rs. 1424.24 crore) and Bharti Airtel(Rs. 1397.29 crore) were among the most traded securities on the National Stock Exchange in Wednesday's session. The NSE Nifty index ended the session 10.3 points up at 24467.45, while BSE Sensex 110.58 point ...Read More >
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