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Wall Street eyes higher open as Tesla rallies; inflation data in focusWall Street eyes higher open as Tesla rallies; inflation data in focus

Wall Street’s main indexes were set to open higher on Monday following gains in megacaps led by Tesla, while investors awaited inflation data due later this week for clues on the U.S. Federal Reserve’s interest-rate path.Tesla jumped 6% in premarket trading as Morgan Stanley upgraded the EV maker to “overweight” from “equal-weight” due to potential […]

IndiGo promoter Shobha Gangwal sells shares worth Rs 2,801 croreIndiGo promoter Shobha Gangwal sells shares worth Rs 2,801 crore

InterGlobe Aviation’s promoter Shobha Gangwal on Wednesday sold a nearly 2.9 per cent stake in the company for a little over Rs 2,800 crore through open market transactions. Shobha Gangwal is the wife of Rakesh Gangwal, the co-founder of the company, which is the parent of the country’s largest airline IndiGo. The shares were sold […]