On Wednesday, domestic indices ended in the green. The NSE Nifty 50 rose 30.45 points or 0.16% to 19,465 and BSE Sensex climbed 137.50 points or 0.21% to 65,539.42. In sectoral indices, Bank Nifty plunged 0.33%, Nifty Financial Services tumbled 0.34%, Nifty Private Bank fell 0.46%, and Nifty Metal tanked 0.94%, while Nifty Media soared […]
Day: February 11, 2024
Ant Group sells 3.6% stake in Paytm for Rs 2,037 croreAnt Group sells 3.6% stake in Paytm for Rs 2,037 crore
A subsidiary of Chinese fintech giant Ant Group on Friday sold a 3.6 per cent stake in Paytm for Rs 2,037 crore through open market transactions. The shares of Paytm’s parent One97 Communications was sold by Antfin (Netherlands) Holding BV. Antfin offloaded a total of 2,27,54,823 shares in 14 tranches, amounting to a 3.58 per […]
OMCs seen to make marketing losses in H2 on costlier crudeOMCs seen to make marketing losses in H2 on costlier crude
Even though crude oil prices have moderated at $90 a barrel from its highest of $97 a few days back, analysts see prices to remain elevated till the year end which is likely to cause losses to the oil marketing companies (OMCs) from sale of auto fuels in the second half of the current fiscal. […]