Benchmark equity indices Sensex and Nifty ended the day more than 5% higher, breaking a two-day losing run, thanks to buying in index heavyweights Tata Consultancy Services and Reliance Industries as well as stable global trends.
The 30-share BSE Sensex increased by 367.47 points (0.56%)...
In India's business community, Reliance Industries, owned by Mukesh Ambani, is perhaps the first company that comes to mind when the word "disruption" is used. After all, the conglomerate shook up the telecom industry in the previous decade through aggressive business strategies supported by...
As per those with knowledge of the situation, global technology giant Foxconn has informed the government that it intends to establish at least four to five semiconductor fabrication lines in India.
In a separate statement on Tuesday, Foxconn stated that it was "working towards submitting an...
According to people with knowledge of the situation, Wadia Group, the former promoter of Go First, plans to make an offer for the airline that was the first in the nation to be placed voluntarily under bankruptcy protection.
They said that the organization is in discussions...
On Thursday, the market capitalization of India reached a new high when it crossed the Rs 295 lakh crore threshold thanks to consistent foreign fund purchases since March. At the closing of trade, the BSE market capitalization (mcap), which represents the combined worth of...
MRF, a tyre manufacturer based in Chennai, became the first stock to exceed the Rs. 1 lakh-price threshold on Tuesday, marking a new Dalal Street milestone. On Tuesday, the stock increased by almost 2%, closing the day at Rs 99,988 on the BSE, while...
