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Mumbai, June 7 (UNI) Snapping two week losing Streak Sensex surged 737.98 points or 0.90 per cent to settle at 82,188.99 during the week ended June 6,2025, as the Reserve Bank of India's surprise 50 basis points rate cut and a shift in its monetary policy stance from accommodative to neutral. Easing inflation outlook and strong Q4 FY25 GDP growth of 7.4 per cent boosted investor confidence, signalling a stable and supportive economic environment. Broader markets outperformed, reflecting renewed ...Read More >
Bhubaneswar: Hundreds of junior school teachers from across the state Friday staged a protest here demanding regularisation of their services and withdrawal of contractual appointment system. Holding posters and banners against the contractual appointment of junior teachers in schools, the teachers, including women, demonstrated at Mahatma Gandhi Marg here. The teachers, representing various schools across the state, demanded immediate regularisation of their posts and scrapping of the contract ...Read More >
Mumbai: Benchmark equity indices surged on Friday, with the Sensex climbing 746.95 points and Nifty reclaiming the 25,000-level after the RBI cut interest rates by more-than-expected 50 basis points -- a third consecutive reduction -- and reduced the cash reserve ratio for banks to provide a major liquidity fillip to support the economy amid geopolitical and tariff headwinds. Recovering all the early lost ground, the 30-share BSE Sensex jumped 746.95 points, or 0.92 per cent, to settle at 82,18 ...Read More >
Kota, Jun 6 (PTI) A relationship manager in an ICICI bank branch in Kota allegedly swindled around Rs 4.58 crore from customers' accounts only to lose the lot of it in the stock market, police on Friday said. She was arrested last week and is currently under judicial custody, they said. Also Read | Bengaluru Stampede: Police Complaint Lodged Against Virat Kohli Over Stampede Tragedy Near Chinnaswamy Stadium. The accused, Sakshi Gupta, was posted as a relationship manager at ICICI Bank's DCM b ...Read More >
New Delhi: The first warship in the anti-submarine warfare shallow water craft series, equipped to conduct subsurface surveillance, search and rescue missions, and low-intensity maritime operations, is set to be inducted into the Indian Navy on June 18, officials said on Friday. The commissioning ceremony of 'Arnala' at Naval Dockyard, Visakhapatnam will be presided over by Chief of Defence Staff Gen Anil Chauhan. "The warship incorporates more than 80 per cent indigenous content and integrates ...Read More >
New Delhi: The first warship in the anti-submarine warfare shallow water craft series, equipped to conduct subsurface surveillance, search and rescue missions, and low-intensity maritime operations, is set to be inducted into the Indian Navy on June 18, officials said on Friday. The commissioning ceremony of 'Arnala' at Naval Dockyard, Visakhapatnam will be presided over by Chief of Defence Staff Gen Anil Chauhan. "The warship incorporates more than 80 per cent indigenous content and integrate ...Read More >
New Delhi, Jun 6 (PTI) The first warship in the anti-submarine warfare shallow water craft series, equipped to conduct subsurface surveillance, search and rescue missions, and low-intensity maritime operations, is set to be inducted into the Indian Navy on June 18, officials said on Friday. The commissioning ceremony of 'Arnala' at Naval Dockyard, Visakhapatnam will be presided over by Chief of Defence Staff Gen Anil Chauhan. Also Read | Water Cut in Pune: Supply Suspended in South Pune on Jun ...Read More >
New Delhi, Jun 6 (PTI) Interest-rate-sensitive stocks were in huge demand on Friday, with the realty index climbing nearly 5 per cent as investors cheered the Reserve Bank's jumbo rate cut of 50 basis points. Home, auto and other loans are likely to cost less as the Reserve Bank of India (RBI) cut interest rates by a larger-than-expected 50 basis points, and unexpectedly reduced the cash reserve ratio for banks to make available more money to lend in a bid to boost the economy. The RBI's six-m ...Read More >
Mumbai, June 6: Benchmark indices Sensex and Nifty surged nearly 1 per cent on Friday, driven by a rally in rate-sensitive sectors following the Reserve Bank's jumbo rate cut of 50 basis points. Market analysts said in light of benign inflation forecasts, RBI has taken steps to boost growth. A 50 bps repo rate cut supported by phased 100 basis points CRR cut will boost growth and lower the borrowing costs. The policy is broadly positive for growth and investment in a challenging global macro en ...Read More >
Mumbai, Jun 6 (PTI) Benchmark equity indices surged on Friday, with the Sensex climbing 746.95 points and Nifty reclaiming the 25,000-level after the RBI cut interest rates by more-than-expected 50 basis points -- a third consecutive reduction -- and reduced the cash reserve ratio for banks to provide a major liquidity fillip to support the economy amid geopolitical and tariff headwinds. Recovering all the early lost ground, the 30-share BSE Sensex jumped 746.95 points, or 0.92 per cent, to set ...Read More >
Mumbai: Benchmark equity indices Sensex and Nifty declined in early trade on Friday ahead of the RBI monetary policy outcome. Moreover, a sluggish trend in global equity markets and fresh foreign fund outflow also drove investors to stay on the sidelines. The 30-share BSE Sensex declined 159.93 points to 81,282.11 in early trade. The 50-share NSE Nifty dropped 27.65 points to 24,723.25. From the Sensex firms, Tata Motors, Bajaj Finance, ICICI Bank, Bajaj Finserv, Reliance Industries and Bharti ...Read More >
Mumbai, Jun 6 (PTI) Benchmark equity indices Sensex and Nifty declined in early trade on Friday ahead of the RBI monetary policy outcome. Moreover, a sluggish trend in global equity markets and fresh foreign fund outflow also drove investors to stay on the sidelines. Also Read | Lucknow Toddler Rape Case: Man Accused of Abduction, Sex Assault of 3-Year-Old Girl Killed in UP During Police Encounter. The 30-share BSE Sensex declined 159.93 points to 81,282.11 in early trade. The 50-share NSE Ni ...Read More >
Mumbai, Jun 6 (PTI) Benchmark equity indices Sensex and Nifty declined in early trade on Friday ahead of the RBI monetary policy outcome. Moreover, a sluggish trend in global equity markets and fresh foreign fund outflow also drove investors to stay on the sidelines. The 30-share BSE Sensex declined 159.93 points to 81,282.11 in early trade. The 50-share NSE Nifty dropped 27.65 points to 24,723.25. From the Sensex firms, Tata Motors, Bajaj Finance, ICICI Bank, Bajaj Finserv, Reliance Industri ...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 >
India anticipates an above-normal monsoon in 2025. The IMD confirmed an early monsoon arrival, crucial for agriculture and economic growth, with significant benefits for sectors like agrochemicals, auto, and FMCG. India is expected to witness an 'above-normal' monsoon in 2025, which could provide significant relief to the economy and policymakers. A healthy and well-distributed monsoon can help ease inflationary pressures and boost rural consumption. The India Meteorological Department (IMD) d ...Read More >
MUMBAI: India's stock markets on Monday were trading lower as weak global cues and a decline in Asian markets weighed on investor sentiment. The benchmark indices, Sensex and Nifty, struggled throughout the day, with most sectors witnessing losses. At the closing bell, the BSE Sensex had dropped 319.22 points, or 0.41 per cent, to settle at 77, 186.74, while the Nifty was down 121.10 points, or 0.52 per cent, to close the trading session at 23, 361.05. The decline in the Indian share market i ...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 >
Pune: Maruti Suzuki, India's biggest car maker, on Friday said it aims to be the largest producer of electric vehicles in the country and make India the export hub over the next one year. The Japanese giant will take on EV market leader Tata Motors, Mahindra and MG Motor in the electric car game in the country. To realize its goals Maruti Suzuki, which unveiled its first electric SUV e-Vitara at the Bharat Mobility Global Expo 2025 in New Delhi on Friday, will introduce a range of six electric ...Read More >
New Delhi, Jan 17 (PTI) IT service provider Tech Mahindra on Friday announced the opening of an advanced Manufacturing Experience Centre at its Chennai campus. The centre was inaugurated by Mahindra Group chairman Anand Mahindra and Tech Mahindra CEO Mohit Joshi, according to a company statement. The centre will help manufacturers to quickly prototype and scale AI-based innovations to tackle industry issues like high operational expenses, inefficiencies in processes, supply chain disruptions, ...Read More >
Mumbai, January 13: In a landmark partnership, that bridges the worlds of gaming and automotive innovation, KRAFTON India and Mahindra have joined hands to bring Mahindra's Electric Origin SUV- BE 6 into the dynamic universe of BATTLEGROUNDS MOBILE INDIA (BGMI). This unique partnership offers consumers an immersive experience, aiming to captivate the aspirations of India's young, tech-savvy audience. With this first-of-its-kind collaboration, starting January 16, 2025, BGMI players will be able ...Read More >
New Delhi, Jan 2 (PTI) Stakeholders from the electric vehicle (EV) sector will hold a meeting with Commerce and Industry Minister Piyush Goyal here on January 3 on issues, including infrastructure related to charging and battery swapping, sources said. They said that officials from the Department of Heavy Industries are expected to attend the meeting. Representatives from Tata, Mahindra, Mercedes-Benz India, Hero MotoCorp, and other companies have been invited to the deliberations, they added. ...Read More >
New Delhi, Jan 2 (PTI) Stakeholders from the electric vehicle (EV) sector will hold a meeting with Commerce and Industry Minister Piyush Goyal here on January 3 on issues, including infrastructure related to charging and battery swapping, sources said. They said that officials from the Department of Heavy Industries are expected to attend the meeting. Also Read | SOF NSO Results 2024-25 Out at sofworld.org: National Science Olympiad Exam Result Released, Get Direct Link and Know Steps To Downl ...Read More >
NEW DELHI: One Mobikwik Systems(Rs. 2584.16 crore), Intellect Design(Rs. 1065.62 crore), Mazagon Dock Ship(Rs. 891.02 crore), Amber Enterprises(Rs. 702.79 crore), KFIN Technologies(Rs. 561.63 crore), GIC(Rs. 509.82 crore), Manappuram Finance(Rs. 431.00 crore), Greaves Cotton(Rs. 285.52 crore), Tata Motors(Rs. 271.16 crore) and BSE(Rs. 260.62 crore) were among the most traded securities on the National Stock Exchange at 11:10AM in Thursday's session. The NSE Nifty index traded 14.15 points up at ...Read More >
Hyderabad, Dec 17 (UNI) Coromandel International Limited, India's leading agri-solutions provider, and Mahindra & Mahindra Limited Farm Equipment Sector (FES) business vertical, Krish-e, on Tuesday announced a partnership to extend Coromandel's drone spraying services, Gromor Drive, to Indian farmers. Currently, it is operational in seven key states Andhra Pradesh, Telangana, Karnataka, Tamil Nadu, Maharashtra, Madhya Pradesh and Uttar Pradesh. Gromor Drive's operations are supported by RPTO-tr ...Read More >
Mumbai, Dec 17 (PTI) Agri-solutions provider Coromandel International and Mahindra and Mahindra's farm equipment sector business vertical, Krish-e, on Tuesday announced a partnership to extend Coromandel's drone spraying services, Gromor Drive. Currently operational in seven key states of Andhra Pradesh, Telangana, Karnataka, Tamil Nadu, Maharashtra, Madhya Pradesh and Uttar Pradesh, Gromor Drive's operations are supported by RPTO-trained pilots, according to a joint statement. Coromandel's dr ...Read More >
New Delhi, December 17: Maruti Suzuki is reportedly testing a new Grand Vitara 7 seater SUV. Reports indicate that a new SUV has been spotted undergoing testing with camouflage, which suggests that it is still in the development phase. Design clues observed on the vehicle hint that it may be inspired from the upcoming Maruti Suzuki e-Vitara electric SUV. Multiple reports suggest that the SUV spotted in camouflage is believed to be the upcoming 7-seater version, codenamed Y17. Spy photos circula ...Read More >
Chennai, Dec 17 (PTI) Agri-solutions provider Coromandel International Ltd has signed a strategic partnership with Krish-e, the farm equipment business vertical of Mahindra and Mahindra Ltd, to offer its drone spraying service 'Gromor Drive' to the farming community, a top company official said on Tuesday. The service is currently available in Andhra Pradesh, Telangana, Karnataka, Tamil Nadu, Maharashtra, Madhya Pradesh, and Uttar Pradesh. Gromor Drive operations are supported by pilots trained ...Read More >
New Delhi, Dec 17 (PTI) Carraro India Ltd, the manufacturer of transmission systems for off-highway vehicles and other agricultural and construction equipment, on Tuesday fixed a price band of Rs 668-774 per share of its Rs 1,250-crore initial public offering (IPO) that will open for subscription on December 20. The Pune-based company's initial share-sale will conclude on December 24 and the anchor bidding will open for a day on December 19, the company said. Carraro India's IPO is completely ...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 >
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