The Securities and Exchange Board of India (Sebi) has barred Dewan Housing Finance Corporation Ltd’s (DHFL) former promoters Kapil and Dheeraj Wadhawan for five years from the securities market for alleged diversion of funds. Photograph: Francis Mascarenhas/Reuters They have also
Passenger vehicle dispatches from companies to dealers in the domestic market declined marginally year-on-year in July, hit by muted demand, industry body SIAM said on Thursday. Photograph: Karen Toro/Reuters Passenger vehicle dispatches declined to 340,772 units in July, compared to
Sensex Today | Stock Market Highlights: On Thursday, the market ended flat but with a positive bias, supported by select financials while weakness in midcaps kept the market breadth in favour of declines. The Sensex added 58 points to close
Indian benchmark indices, Sensex and Nifty 50, gained on Thursday, mirroring positive cues from global markets. However, gains were limited as investors remained cautious ahead of the scheduled Russia-U.S. talks on the Ukraine conflict, keeping sentiment subdued in the holiday-shortened
Ola Electric is likely to announce its foray into the sports scooter segment on August 15 as part of its plans to expand its product portfolio, according to sources. Image used for representation purpose only. Photograph: Courtesy, Ola Electric The company
Stock markets rebounded on Wednesday with benchmark Sensex closing higher by 304 points on buying in metal, auto and pharma shares as steady US inflation data propelled a sharp rally in global markets. Photograph: Courtesy, Ola Electric The 30-share BSE
The RBI will introduce a new mechanism from October 4 for clearance of cheques within hours of being presented to banks, reducing the current time period of up to two working days. Photograph: Francis Mascarenhas/Reuters Cheques will be scanned, presented,
State-owned Oil and Natural Gas Corporation (ONGC) has reported a 10 per cent decline in its June quarter net profit on lower oil prices and stagnant production from its aging fields. Photograph: Amit Dave/Reuters The company reported a net profit
Ashish Gupta, Chief Investment Officer at Axis Asset Management that manages funds worth nearly $196 million, continues to favour real estate, capital goods, healthcare, hospitality, and travel sectors, while keeping a close watch on earnings growth and nominal gross domestic
Indian stock markets ended higher on August 13, driven by a favorable US inflation report that increased the likelihood of a Fed interest rate cut. Both Nifty 50 and Sensex posted gains, while falling oil prices and geopolitical developments bolstered
