Reuters
Manufacturing
UltraTech board approves $472 mn deal to take control of India Cements
UltraTech Cement, India's number one cement maker, said its board on Sunday approved a $472 million deal to gain control ......
Markets
Rupee ends at record low, logs fourth consecutive weekly decline
The Indian rupee closed at an all-time low on Friday, pressured by strong dollar demand from local oil companies, likely related ......
Markets
Sensex, Nifty log best weekly winning streak since 2010
Information technology stocks lifted Indian benchmark indexes on Friday as an improvement in economic growth in the U.S., a key market ......
Finance
Govt to push forward IDBI Bank stake sale after RBI approval
India will press ahead with the delayed sale of a majority stake in IDBI Bank after central bank clearance, opening bids ......
TMT
SoftBank-backed Ola Electric suspends car project to focus on scooters, bikes
India's IPO-bound Ola Electric has suspended its electric car launch plans as the Softbank-backed company wants to focus on its ......
Markets
Intraday stock traders jump 300% in four years, 70% make losses: SEBI
The number of intraday traders in India's equity cash market jumped 300% between fiscal years 2019 and 2023, by when ......
Markets
Rupee slips to record low as equity sentiment sours after tax hike
The Indian rupee fell to an all-time low on Wednesday as likely outflows from local equities weighed on the currency, though ......
Markets
Budget 2024: Sensex, Nifty end see-saw session lower after tax hike on equity trading
Indian shares ended a see-saw session lower on Tuesday, as the jump in consumer stocks on the budget promise of ......
Economy
Budget 2024: Govt lowers fiscal deficit target to 4.9% of GDP for FY25
The Indian government on Tuesday lowered its fiscal deficit target to 4.9% of GDP for the financial year ending March ......
TMT
CCI sends 100 antitrust queries for Reliance, Disney $8.5 bn merger
India's antitrust body has asked Reliance Industries and Walt Disney around 100 questions linked to their $8.5 billion India media ......