Billionaire Gautam Adani’s younger son Jeet will wed next month in a simple and traditional ceremony, without any pomp and show and celebrity stars. Photograph: Courtesy, Adani Group via Meta Adani, on Mahakumbh pilgrimage with his family, scorched speculations of
The recent depreciation of the rupee along with sharp fall in the country’s foreign exchange (FX) reserves has sparked a debate whether stability of the exchange rate is necessary and desirable. The rupee was one of the least volatile currencies
Benchmark Sensex spurted by 454 points and Nifty closed above 23,300 on Monday following gains in banking stocks, mainly Kotak Mahindra Bank, and firm global trends. Photograph: Danish Siddiqui/Reuters The 30-share BSE Sensex jumped 454.11 points or 0.59 per cent
US short-seller Hindenburg Research has said it is not under investigation by the US SEC as it rubbished alleged links of its founder to a hedge fund for preparing reports targeting companies. Photograph: Andrew Kelly/Reuters “Hindenburg is not under investigation
Reliance Industries Ltd, India’s most valuable company, is back on a growth path after six months of challenges as it posted better than expected earnings in the December quarter, brokerages said. Photograph: Amit Dave/Reuters Oil-to-telecom-and-retail conglomerate’s highest-ever EBITDA of Rs
India’s most valued company, Reliance Industries Ltd (RIL), reported a robust performance in the third quarter of the current financial year (Q3FY25), surpassing analyst expectations. This coupled with positive commentary by brokerages led to the stock of the oil-to-telecom conglomerate
Tata Elxsi (TelX) reported a weak Q3FY25, with a sharp deceleration in the transportation vertical. However, recent deals in the Asia-Pacific (APAC), higher mix of original equipment makers (OEMs) and partnership with Qualcomm will improve growth. FY25 is the third
Led by a sharper-than-expected deceleration in industrial activity, economic growth in India slowed more than anticipated and is projected to remain at 6.5 per cent till 2026, the International Monetary Fund said on Friday. “Growth in India slowed more than
IT services major Infosys on Thursday reported 11.46 per cent increase in consolidated net profit at Rs 6,806 crore for December quarter FY25 and raised its guidance on the back of growth in financial services and manufacturing. Photograph: PTI Photo
Benchmark indices Sensex and Nifty edged higher on Wednesday on buying in bellwether stock Reliance Industries, Zomato and Kotak Bank amid a largely firm trend in global markets. Photograph: Shailesh Andrade/Reuters The 30-share BSE index climbed 224.45 points or 0.29
