Mahindra SUVs to get costlier, prices to rise by up to 3% from April

Starting from April, popular Mahindra SUVs, including Thar, Scorpio, and XUV700, will get costlier, as auto giant Mahindra & Mahindra announced a price hike of up to 3% across its SUV and commercial vehicle (CV) range on Friday. The company

Investment word of the day: Market capitalisation — what it means and formula to calculate it

Investment word of the day: One key measure to understand a company’s value is market capitalisation—it reveals how the market values a business at any given moment. Whether an experienced investor or a newcomer, market cap is an essential guide

PhysicsWallah files IPO papers via confidential route

Physics Wallah has filed Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (Sebi), a precursor to hitting the primary market from where the edtech Unicorn reportedly plans to raise around Rs 4,500 crore through IPO.

Citi is keen to allocate more global roles to India

US-based Citigroup is likely to allocate more global roles to India than to any other centre it operates in due to the country’s strong talent pool, said Jane Fraser, chief executive officer of Citigroup, on Wednesday in an interaction with

Sensex jumps 899 pts, Nifty reclaims 23K

Rallying for the fourth straight session, stock market benchmarks Sensex and Nifty surged over 1 per cent on Thursday, powered by across-the-board buying amid a mixed trend in global equities after the US Federal Reserve maintained its rate cut projections

US Fed leaves rates unchanged, signals further cuts ahead

In a closely watched decision on Wednesday, the United States Federal Reserve (Fed) maintained its benchmark interest rates, as widely expected, but indicated that rate reductions are likely later in the year. Follow our live coverage here. Amid growing concerns

Central banks turn more cautious on rate cuts

Central bank easing meets global caution BoE keeps rates steady, SNB cuts on Thursday BOJ remains the G10 outlier By Yadarisa Shabong and Alun John March 20 (Reuters) – Big developed market central banks are turning cautious after a series

Why time is right to invest in Zomato, Swiggy shares

After a massive selloff in the shares of food delivery giants Zomato and Swiggy, analysts believe the time may be right for investors to start adding these stocks to their portfolio carts. Photograph: PTI Photo from the Rediff Archives Their

Diabetes Drug Price Drops 90%

India is home to more than 100 million diabetics, and the demand for anti-diabetic drugs is on the rise — the Rs 20,611 crore anti-diabetic drug market in India is growing at 9 per cent or so. Kindly note the

Nawaz Modi Singhania resigns as Raymond director

Raymond Ltd chairman and managing director Gautam Singhania’s estranged wife Nawaz Modi Singhania has resigned as a director on the board, according to a statement by the company on Wednesday. Photograph: ANI Photo Raymond Ltd has announced the resignation of

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