The National Stock Exchange on Thursday announced ACC, HDFC AMC, and Nykaa will be excluded from the Nifty Next 50 index in the latest rejig. Indus Towers and Page Industries will also be removed from the index from 29 September onwards. In their steed, PNB, Shriram Finance, Trent, TVS Motor, and Zydus Lifesciences will be […]
Diamond Jubilee Celebrations of National Maritime Day: India scales new heights, set to be world leader in maritime infrastructure | See PhotosDiamond Jubilee Celebrations of National Maritime Day: India scales new heights, set to be world leader in maritime infrastructure | See Photos
1/10 The Grand Finale of Diamond Jubilee of National Maritime Day was held at Domestic Cruise Terminus, Mumbai with ‘Amrit Kaal in shipping’ as its theme. The day is celebrated to commemorate the embarkation of the first Indian-owned vessel “S S Loyalty” on her maiden voyage from Mumbai to London, on April 5 in 1919. […]
Users lost $300 million in crypto scam 2023: Scam SnifferUsers lost $300 million in crypto scam 2023: Scam Sniffer
According to Cointelegraph, over 324,000 crypto users experienced phishing scams in 2023, with around $295 million in digital assets lost to crypto scammers. Sources revealed that “2023 Wallet Drainers Report,” by Scam Sniffer, a blockchain security platform, had analysed the trends surrounding drainers used in crypto phishing scams. The platform is expected to have mentioned […]
Vedanta Demerger likely to reverse its past efforts of consolidation; Kotak maintains ‘Sell’ on stockVedanta Demerger likely to reverse its past efforts of consolidation; Kotak maintains ‘Sell’ on stock
The Kotak Institutional Equities has maintained its ‘Sell’ rating on Vedanta after the company announced a demerger of its existing businesses into six listed entities. The share of Vedanta surged over 5% to Rs 233.75 during the intra-day trade on Tuesday. “The demerger reverses VEDL’s past efforts (during 2012-17) of consolidating stakes in different businesses […]
ICC TV rights: Disney Star in a fix over $1.5-bn deal with ZeeICC TV rights: Disney Star in a fix over $1.5-bn deal with Zee
Disney Star, which had sub-licensed television rights for the 2024-27 ICC tournaments to Zee for $1.5 billion in August 2022, may now have to broadcast the events on its channels, in the absence of a closure of the deal, top media sources have told FE. Persons in the know say Zee has not sold sponsorships […]
Delhi excise policy case: Arvind Kejriwal skips third Enforcement Directorate summonsDelhi excise policy case: Arvind Kejriwal skips third Enforcement Directorate summons
Delhi Chief Minister has once again decided to skip the Enforcement Directorate (ED) summons for questioning in connection with the Delhi excise case. The Aam Aadmi Party (AAP) chief was asked to appear before the agency on January 3. The party asserted that Kejriwal was ready to cooperate with the agency but claimed that the […]
Mukesh Ambani’s Jio Financial Services lists flat on bourses at Rs 265; shares volatile in early tradeMukesh Ambani’s Jio Financial Services lists flat on bourses at Rs 265; shares volatile in early trade
Shares of Jio Financial Services, the demerged financial services arm of Reliance Industries, listed flat on the domestic exchanges at Rs 265 apiece on Monday. However, the share price jumped 6.2% to touch Rs 278.20 apiece before paring all gains to trade 4.5% in the red at Rs Rs 248.90. Ahead of the listing, during […]
Inox India files draft papers with Sebi for IPOInox India files draft papers with Sebi for IPO
Cryogenic tank maker Inox India Ltd has filed preliminary papers with capital market regulator Sebi to mop up funds through an initial public offering. The Initial Public Offering (IPO) is entirely an Offer For Sale (OFS) of up to 2.21 crore shares by its existing shareholders and promoters, according to the Draft Red Herring Prospectus […]
LTIMindtree, Larsen & Toubro, Dalmia Bharat among 136 stocks that hit 52-week highs; 12 touch 52-week lowsLTIMindtree, Larsen & Toubro, Dalmia Bharat among 136 stocks that hit 52-week highs; 12 touch 52-week lows
The benchmark equity indices were trading mostly in green territory during the intraday trade on Tuesday. The NSE Nifty 50 was trading at 20,009, up by 0.06% points, while the BSE Sensex was trading up by 110.12 points at 67,237.20. The broader indices were trading in the red zone. The Nifty Next 50 tumbled 2%, […]
Asian shares mostly rise as attention turns to earnings, economiesAsian shares mostly rise as attention turns to earnings, economies
Asian shares mostly rose Tuesday as markets shift their attention from the U.S. Federal Reserve to earnings and economic reports. Regional markets also got a perk from signs China-U.S. relations may be improving, as the nations agreed to work together to smooth out economic relations, including business and trade. “This sounds more like the kind […]