Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Lucknow: The prices of petrol and diesel on August 2, were left untouched by OMCs once again. Prices have held steady for 69 days now across the country, except in Maharashtra. Pieces were cut in Maharashtra when the state government announced a cut in value-added …
UTI AMC surges 14% on stake sale report
Shares of UTI AMC surged 14% on the bourses on reports of the Tata Group, the promoter of Tata AMC, eyeing a significant stake in the company. A news report on Tuesday stated that the Tata Group is looking to buy about 45% in UTI AMC from four state-owned financial entities — Punjab National Bank, …
Sebi asks SC to restrain Sahara from issuing misleading ads/statements
The Securities and Exchange Board of India (Sebi) has moved the Supreme Court urging that Sahara India Group be directed to refrain from issuing “misleading” advertisement or statements that “obstruct” it from implementing the apex court’s order of August 31, 2012 for refund of more than Rs 24,029 crore raised from 33 million bond investors. …
LIC, Paytm, Reliance, ONGC, Aurobindo Pharma, Bharat Dynamics, Apollo Hospitals, Adani Group stocks in focus
Indian equity markets are likely to witness a muted start on Friday. Entering the session, Nifty futures traded 12.5 points, or 0.07% lower at 17,676 on the Singapore Exchange, signaling that Dalal Street was headed for a flat to negative open. “The technical landscape for Nifty is likely to be positive as long as the …
Milipol India 2023: Advancing Homeland Security in the Indo-Pacific
The inaugural ‘Milipol India’ event for the Indo-Pacific, dedicated to internal security, is scheduled to take place in Delhi from the 26th to the 28th of October 2023. This event will see the participation of countries such as Brazil, Vietnam, Canada, the USA, France, the UAE, Belgium, the Czech Republic, and many more, all poised …
US stocks end flat as traders parse earnings; Yield curve remains inverted amid recession fears
US stocks wavered on Thursday as traders parsed various corporate earnings against a backdrop of aggressive interest-rate hikes by global central banks. The US yield curve remained inverted as recession fears persisted. The S&P 500 ended the session little changed after fluctuating throughout the day. The Nasdaq 100 closed up higher for the second straight …
Paytm share price jumps 3.5% after Vijay Shekhar Sharma’s reappointment at AGM; should you buy, sell, hold?
Paytm share price jumped more than 3.5 per cent to Rs 800.05 apiece intraday on BSE on Monday, after the shareholders of One97 Communications approved the re-appointment of Vijay Shekhar Sharma as managing director and chief executive officer of the company. On Friday, investors advisory firm IiAS had recommended against the reappointment of Sharma and …
Adani Enterprises, NDTV, Tata Motors, TCS, Future Retail, NTPC, Spicejet, Chennai Petroleum stocks in focus
Indian share market is likely to open in the red on Wednesday amid weak global cues. SGX Nifty hinted at a negative start for benchmark indices BSE Sensex and NSE Nifty 50 as Nifty futures traded 23 points, or 0.13% lower at 17,585 on the Singapore Exchange. “Markets witnessed a swift rebound and gained half …
Elon Musk sells Tesla shares worth $6.7 billion, months after saying he won’t sell more
Elon Musk has sold 7.92 million shares of Tesla, just months after declaring that he would not sell any more stock of the company. A series of regulatory filings by the electric car manufacturing giant showed that Elon Musk has sold a large number of shares that would be worth $6.73 billion at Tuesday’s closing …
Zomato share price up 4% after Uber sells, institutional investors buy stake in bulk deals; still down 60% YTD
Zomato share price gained more than 4 per cent intraday BSE on Thursday, after institutional investors lapped up stakes in the food delivery firm and Uber sold through bulk deals on BSE. The stock settled 4.24 per cent up at Rs 57.75 apiece on BSE. Zomato stock has soared 42 per cent in the last …