Three firms seek CCI nod to acquire stakes in Akasa Air

Tech tycoon Azim Premji’s global investment arm, Manipal Group Chief Ranjan Pai’s family office and 360 ONE Asset have sought approval from fair trade regulator CCI to acquire stakes in domestic carrier Akasa Air’s parent company SNV Aviation. Photograph: Francis

Uncertainty over US tariff measures drags markets down

Benchmark indices Sensex and Nifty declined for the third day on Thursday as fresh tariff threats, weak Asian markets and foreign fund outflows hurt investors’ sentiment. Photograph: Danish Siddiqui/Reuters The 30-share BSE Sensex dropped 203.22 points or 0.27 per cent

Defence Ministry inks ₹697 crore contracts with ACE, JCB India for military equipment

The Ministry of Defence (MoD) has signed contracts worth ₹697.35 crore with Action Construction Equipment Ltd (ACE) and JCB India Ltd for the procurement of 1,868 Rough Terrain Fork Lift Trucks (RTFLTs). Company Value Change %Change The contracts, signed in

Stock market today: Zaggle Prepaid, Orient Tech among 14 stocks hitting upper circuit on BSE; do you own any?

Indian stock market: Despite falling market, as many as 14 stocks listed on Bombay Stock Exchange (BSE) hit upper circuit limits on Thursday’s trading session. Zaggle Prepaid Ocean Services, Orient Technologies, Indo Tech Transformers, Madhucon Projects, Avalon Technologies, Veritas India,

New Stocks Sink Below Issue Price

On average, stocks that debuted last year are down 37 per cent from their peak levels.   The recent market downturn has spared no one, including newly listed stocks. On average, stocks that debuted last year are down 37 per

Mysuru layoffs: Infosys denies using force, intimidation tactics

IT services company Infosys on Wednesday said it did not use force or intimidation tactics when it laid off trainees at Mysuru campus over performance-related issues, and that it was explaining the circumstances to the labour department authorities. IMAGE: The

RBI sees ‘sequential pickup in economic activity’

High frequency indicators, like vehicles sales, air traffic, steel consumption and GST E-way bills, point towards a sequential pickup in momentum of economic activity during the second half of the fiscal 2024-25 and sustain moving forward, RBI Bulletin said on

Markets end marginally lower in volatile trade

Benchmark indices Sensex and Nifty ended marginally lower in a volatile trade on Wednesday dragged by blue-chip IT stocks. Photograph: PTI Photo from the Rediff Archives The 30-share BSE benchmark Sensex dipped 28.21 points or 0.04 per cent to settle

Indian Overseas Bank introduces Aadhaar-OTP account opening, API banking services

Public sector lender, Indian Overseas Bank (IOB) has introduced Aadhaar-OTP-based account opening and API banking services, aligning with its efforts to enhance digital banking solutions. Company Value Change %Change The new initiatives were launched on the occasion of the bank’s

Stock market today: 12 BSE-listed companies hit upper circuits; do you own any?

As many as 12 stocks listed on the Bombay Stock Exchange (BSE) hit their upper circuit limits on Wednesday, February 19 amid a volatile trading session.  Fratelli Vineyards, Kemistar Corporation, Spice Islands Industries, Integrated Capital Services, Gujarat Credit Corporation, Aanchal