Business News, Finance News, Market News, Stock News, BSE, NSE, Nifty

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Markets

OneWeb and Hughes to provide satellite broadband connections across India

Ola Electric raises $200 million in funding at a valuation of $5 billion

Over the last 12 months, Ola Electric has built its 'Futurefactory', which it claims is the world's largest two-wheeler manufacturing facility, and launched its electric scooter Ola S1

Rupee falls 9 paise to 74.52 against U.S. dollar in early trade

Forex traders said the Indian rupee is trading in a narrow range ahead of the U.S. Federal Reserve meeting later this week

iPhone maker Foxconn seals EV partnership with Indonesia

Foxconn aims to provide components or services to 10% of the world's EVs by 2025 to 2027.

Sensex drops over 200 points in early trade; Nifty slips below 17,600

Asian Paints was the top loser in the Sensex pack, shedding 2.44%

Mis-selling in health insurance

Utmost good faith is the underlying principle of any insurance product

ASK US

Q. I am a 60 year old housewife. I have a LIC policy of ₹5 lakh which will be maturing at the end of this year. Can you suggest good investment plans

What mutual fund SIPs are really about

They make you invest, automates that investment and keeps you building wealth over the years

Government should prevent K-shaped recovery: Raghuram Rajan

Ex-RBI Governor says Indian economy has ‘some bright spots and number of very dark stains’

India Inc proposes additional 1% CSR levy for booster shots

It calls for lifting of COVID-19 restrictions by State governments

HDFC Capital raises $1.22 bn for affordable housing fund

H-CARE 3, combined with potential reinvestments by the fund, would create an estimated total fund corpus of $1.88 billion.

Govt. relaxes deadline for re-export of containers used for oxygen transport

Currently, containers are allowed to be imported duty-free with the condition of re-export in the next six months.

Government should prevent K-shaped recovery: Raghuram Rajan

Mr. Rajan said that he would love to see a five- or ten-year vision for India as well as a plan for the kinds of institutions and frameworks the government intends to set up

FabIndia IPO: promoters to gift shares

Market sources said the IPO is expected to be worth about ₹4,000 crore.

Yes Bank Q3 profit surges 77% to ₹266 crore, total income drops

Lender’s cash recovery stood at ₹610 crore for December quarter

ICICI Bank Q3 profit rises 25% to ₹6,194 cr.

Remain optimistic about economy: ED

India’s reliance on Chinese goods surged in 2021

Shipments of finished electronics to intermediate chemicals from China rose sharply, lifting imports to a record $97.5 bn

Data | Why are petrol prices steady

The retail price is linked to the international crude oil prices and that is why it changes every day

Vodafone Idea Q3 loss widens to ₹7,231 crore

The company had posted a loss ₹4,532.1 crore in the same period a year ago.

5G coverage inside buildings to be a challenge as signals get transmitted on high frequencies: TRAI

"Holistic approach will be required to ensure availability of digital infrastructure in building complexes”

Indian shares suffer worst week since late November

Sensex, Nifty post weekly loss of about 3.5% each

Intel to invest up to $100 bn in Ohio chip units

Firm aims to address global shortage

People can soon invest in infra projects: Gadkari

Minister says SEBI nod awaited to allow investments of at least ₹1 lakh in projects

Indian Missions can popularise National Single Window System: Goyal

Include Indian missions to populariseNational Single Window System: Piyush Goyal

Adani Wilmar’s ₹3,600-cr. IPO to open on Jan. 27

Firm to trim debt with issue proceeds

Importers, govt. duel in Supreme Court over GST on ocean freight

The levy was struck down by a HC

FedEx starts EV trials in India

FedEx Express, a subsidiary of FedEx Corp., has announced the start of electric vehicle (EV) trials in India as part of its global goal to achieve

RIL net rises 42%; retail, shale sale buoy

Third-quarter profit climbs to ₹18,549 crore as overall revenue surges 52% to ₹2,09,823 crore

‘Time to look at healthcare differently’

Rationalising GST rates could make sector affordable, says Apollo Hospitals MD

U.S., India should set bold goals to achieve $500 billion in bilateral trade, says new USIBC president

Atul Keshap, the new president of the influential U.S. India Business Council, a veteran American diplomat, has served in various capacities during his career with the U.S. State Department.

Start-ups raised a record $24.1 billion in 2021: study

Two-fold rise from pre-COVID levels, according to a new study by NASSCOM and Zinnov.

Wendt India posts 101% jump in Q3 net proft

The Murugappa group firm achieved sales of ₹36 crore, an increase of 19% over than the corresponding period last year.

Rupee rises 8 paise to close at 74.43 against U.S. dollar

U.S. dollar index, which measures the greenback's strength against the basket of six currencies, fell 0.13% to 95.61.

Sensex tumbles 427 points; Nifty retains 17,600

Bajaj Finserv was the top laggard in the Sensex pack followed by Tech Mahindra, Tata Steel, Bharti Airtel, L&T, IndusInd Bank, Bajaj Finance and Infosys.

Rupee trades in a narrow range in early session against U.S. dollar

The dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.04% lower at 95.69

Sri Lanka settles sovereign bond payment as reserves dwindle

The island nation is in its worst crisis in decades, with people facing shortages of essentials like milk powder, cooking gas and kerosene

Daily quiz | Indians in global firms

Since the dawn of the new century, the number of Indian-origin professionals becoming the head of global corporations has grown. A quiz on such people holding positions of power. Compiled by: V.V. Ramanan

OPEC's share of Indian oil imports falls to lowest in at least 15 yrs

India's crude imports rebounded 3.9% to 4.2 million barrels per day (bpd) in 2021, the data showed, but remained below pre-pandemic levels in 2019

India set to shift diet to soft oils as Indonesia curbs palm oil

Indonesia supplies 60% of India's palm oil imports

Adani Wilmar sets IPO price band at ₹218-₹230 per share

The three-day initial share-sale will open for public subscription on January 27 and conclude on January 31

Sensex tanks nearly 700 pts in early trade; Nifty dips below 17,600

Bajaj Finserv was the top loser in the Sensex pack, shedding 2.59%, followed by Infosys, Dr. Reddy’s, Tech Mahindra, Sun Pharma, Wipro and IndusInd Bank

India Ratings pegs FY23 GDP growth at 7.6%

Agency expects fiscal deficit at 5.8-6%

‘Vedanta mulls $10-bn fund to bid for BPCL, other assets’

Money will never be a problem, says chairman Agarwal

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