Category: Business

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Reliance and Disney completes joint venture transaction for entertainment brand

Mumbai (Maharashtra) : Reliance Industries, Viacom 18 Media (Viacom18) and The Walt Disney Company (Disney) on Thursday announced that following the approval by the NCLT Mumbai, Competition Commission of India and other regulatory authorities, the merger of the media and JioCinema businesses of Viacom18 into Star India (SIPL) has become effective, as per a joint.

Sensex crashes 984 points, loses 1,795 points in 3 trading sessions

Mumbai:  The Indian stock market closed on a bearish note on Wednesday with significant declines across major indices. The Sensex fell by 984 points or 1.25 per cent to settle at 77,690, while the Nifty dropped 324 points or 1.36 per cent to close at 23,559. This week so far, Sensex was down 1,795 points.

Vegetable prices sky-rocket in October, food inflation at 10.87%, CPI at 6.21 %

New Delhi : India’s retail inflation was at 6.21 per cent in October, breaching the Reserve Bank of India’s 6 per cent upper tolerance level. According to data released by the Ministry of Statistics and Programme Implementation on Tuesday, food inflation was at 10.87 per cent. Notably, vegetable Inflation was at 42.18 per cent. Corresponding.

Bears on prowl! Sensex tanks 820 points, Nifty below 24,000

Mumbai:  The Indian stock market closed in red on Tuesday as heavy selling was seen in all sectors except IT and realty. India’s main benchmark indices closed down by more than 1 per cent at the end of trading. Sensex fell 820.97 points, or 1.03 per cent, to 78,675.18 and Nifty settled at 23,883.45, down.

“Reopening Taj Hotel after 26/11 showed India’s refusal to yield to terrorism” says PM Modi in OpEd on Ratan Tata

New Delhi : Prime Minister Narendra Modi shared a heartfelt op-ed on Saturday, paying tribute to the late industrialist and philanthropist Ratan Tata, marking the first month of the passing of Ratan Tata. PM Modi recalled Tata’s numerous contributions to India and the world, highlighting the profound sense of patriotism, which shone especially during times.

Shiv Nadar tops list of 10 philanthropists

New Delhi: Once again the top spot on the EdelGive Hurun India Philanthropy List 2024 has gone for HCL Technologies founder Shiv Nadar. It marks his third time in five years as the nation’s most generous philanthropist. The premier industrialist contributed a handsome Rs 2,153 crore in 2023-24, which averages Rs 5.9 crore in donations.

Indian stock market ends flat, Nifty below 24,150

Mumbai: The Indian stock market closed flat on Friday as selling was seen in the auto, PSU bank, financial service, metal, and realty sectors at the end of trading. Sensex slipped 55.47 points, or 0.07 percent, to 79,486.32. On the other hand, Nifty fell 51.15 points, or 0.21 percent, to 24,148.20. Nifty Bank fell 355.30.

Sensex closes down by 426 points, banking stocks top losers

Mumbai:  Indian equity indices snapped a two-day gaining streak and ended in the red on Wednesday as selling was seen in the large-cap stocks like Infosys, ICICI Bank, Kotak Mahindra Bank, M&M, SBI, and HCL Tech. At closing, Sensex was down 426 points, or 0.53 per cent, at 79,942 and Nifty was down 126 points,.

Trade with India will not be affected in long term, says Bangladesh’s top business body chief

Dhaka [Bangladesh] : Trade with India will not be affected in the long term due to unrest, despite the decline in trade between the two neighbours, Bangladesh’s top business body chief said late on Monday. “After the government change (in Bangladesh), we found some downflow in trade between the two countries. But I believe this.

“C-295 Aircraft production factory to boost India-Spain ties, Make in India mission”: PM Modi

Vadodara (Gujarat) : Prime Minister Narendra Modi on Monday said that Tata Aircraft Complex for manufacturing C-295 aircraft will strengthen India-Spain relations as well as ‘Make in India, Make for the World’ mission. “This is my friend Pedro Sanchez’s first visit to India. From today, we are giving a new direction to India and Spain’s.