State-owned RITES Ltd on Thursday (March 6) said it has received a letter of acceptance (LoA) from South Central Railway for conducting the final location survey for high-speed elevated rail corridors between Hyderabad-Bengaluru and Hyderabad-Chennai. “…we are pleased to inform
India’s Nifty 50 index is down 14% from its peak of 26,216.05 on 26 September. The benchmark index has also been one of the worst-performing global equity indices so far in 2025. A saving grace is India’s premium valuations have
Shares of Oil marketing companies (OMCs) extended their gains for the fourth consecutive session on Thursday after crude oil prices plunged to six-month lows in the international markets, which boosted investor sentiments. Photograph: Dado Ruvic/Reuters Traders said the OMC stocks
The Indian automotive market offers around 1 million units annual volume opportunity at a price above $23,000. Photograph: Kind courtesy, Makara Heng/Pexels Amid increased buzz around Tesla’s entry into the Indian market, analysts feel that the US firm will have
Investors became richer by nearly Rs 8 lakh crore on Wednesday as benchmark BSE Sensex surged by 740 points amid value buying in utilities and power shares and a strong trend in global markets. The 30-share BSE Sensex surged by
Benchmark BSE Sensex surged by 740 points while Nifty snapped a 10-day losing streak on Wednesday following value buying in utilities and power shares and a strong trend in global markets. Photograph: Savita Kirloskar/Reuters The 30-share BSE Sensex surged by
The National Stock Exchange (NSE) announced on Tuesday that it will change the expiry date for all Nifty index weekly derivatives contracts. Effective April 4, the expiry day for Nifty weekly Futures & Options (F&O) contracts will move from Thursday
Further, Coforge has acquired Rythmos Inc. for $48.7 million and TMLabs Pty Ltd for Australian $20 million (about $12.5 million). Coforge also announced a stock split in the ratio of 1:5. The Sabre agreement is Coforge’s largest-ever multi-year deal win,
Kernex Microsystems (India) Ltd on Thursday (February 27) announced that South Eastern Railway has issued a letter of acceptance (LoA) to the KERNEX-MRT consortium for the supply, installation, testing, and commissioning of the Kavach safety system on “GO & GO”
Indian stock market has been under immense selling pressure since October last year. This has dragged the benchmark Nifty 50 down by over 14 per cent from its record high of 26,277.35 which it hit on September 27. The broader
