Despite US indictment, Adani still has a few supporters

Abu Dhabi’s International Holding Company (IHC), one of the largest sovereign funds that manages assets close to $100 billion, has reaffirmed its support to the Adani Group, saying its outlook on investments in the group remains unchanged despite the US

Google to be probed for unfair biz in gaming apps’ listing on Play Store

Fair trade regulator CCI on Thursday ordered a probe against Google and its affiliates for alleged unfair business practices with respect to listing of real money gaming apps on Play Store. Photograph: Dado Ruvic/Reuters While passing the order, CCI said

Sensex tanks 1,190 points to close below 80K

Equity benchmark indices Sensex and Nifty surrendered early gains to plunge nearly 1.50 per cent on Thursday, weighed down by intense selling in market heavyweights Infosys, RIL and HDFC Bank amid a mixed trend in global equities. Photograph: Danish Siddiqui/Reuters

LIC clarifies on ManipalCigna stake acquisition buzz; here’s what the insurer said

Stock Market Today: Public sector insurer, Life Insurance Corporation of India (LIC), in an exchange filing on Thursday, November 28 clarified on a recent news item regarding a potential 50% stake acquisition in ManipalCigna Health Insurance. Business daily The Economic

Sazerac targets India’s whisky mkt to uncork bourbon growth

Sazerac Company, the largest distiller in the US, is looking to leverage India’s position as the world’s largest whisky market to introduce a range of bourbon whiskies in the country. Photograph: Sazerac/Instagram Identifying India as a key priority market, Diego

Upper Circuit Stocks: Oversold Honasa Consumer shares surge 10%, gain for second day

Shares of Honasa Consumer Ltd., parent company of Mamaearth Ltd., are locked in a 10% upper circuit on Thursday, November 28, extending their gains after a 2% advance on Wednesday as well. The stock has gained in three out of

AIFs gain currency as fundraise tops Rs 5 trn

Alternative investment funds (AIFs) have crossed Rs 5 trillion in terms of funds raised, while the investment commitments have surpassed Rs 12 trillion for the first time as of September, according to data released by the Securities and Exchange Board

Honda Motorcycle and Scooter launches Activa in electric avatar

Honda Motorcycle and Scooter India (HMSI) on Wednesday forayed into the fast-growing domestic electric mobility market with the introduction of e-scooters, ACTIVA e: and QC1, with swappable and fixed batteries. Photograph: Courtesy, Honda Motorcycle With this, the Japanese two-wheeler maker

Adani’s clarification on bribery charges lifts markets

Equity benchmark indices Sensex and Nifty rebounded on Wednesday, driven by a sharp rally in Adani group stocks and fresh foreign fund inflows. The BSE benchmark Sensex climbed 230.02 points or 0.29 per cent to settle at 80,234.08. During the

FPIs return to Indian stock market after 36-day selling streak; is the trend sustainable?

Foreign portfolio investors (FPIs) made a notable return to Indian equities, ending a 36-session selling streak with net purchases exceeding ₹10,000 crore over two days. After turning net buyers on Monday, November 25, FIIs continued their buying trend on November