New Delhi, Dec 16 (SocialNews.XYZ) The Adani Group’s market cap is now Rs 14.4 lakh crore and is on course to touch Rs 15 lakh crore (nearly $180 billion). On December 1, the market capitalisation…
London, Dec 16 (SocialNews.XYZ) Global coal demand is likely to have peaked this year, and could drop by about 2 per cent over the next three years as China brings more renewable energy sources online,…
New Delhi, Dec 16 (SocialNews.XYZ) The Production Linked Incentive (PLI) Scheme, launched by the Narendra Modi government in March 2020, has turned out to be a game changer in giving a big push to India’s…
New Delhi, Dec 16 (SocialNews.XYZ) Chief Investment Strategist at Geojit Financial Services V K Vijayakumar on Saturday said that a major development in December has been that FPIs have heavily bought stocks in banking and…
Mumbai, Dec 15 (SocialNews.XYZ) The Nifty rose for the seventh week in a row to close at fresh all-time high of 21,457 on Friday, while the Sensex galloped nearly 1,000 points to settle at 71,483,…
Mumbai, Dec 15 (SocialNews.XYZ) Nifty has surged 3 per cent in the last two days and one can expect this optimism to continue next week on the back of a liquidity driven rally, Siddhartha Khemka,…
Mumbai, Dec 15 (SocialNews.XYZ) The Bank Nifty bulls are maintaining their robust momentum, pushing the index beyond the 48,000-level, Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities, said on Friday. The overall market…
New Delhi, Dec 15 (SocialNews.XYZ) India will purchase oil from Venezuela as the sanctions against the Latin American country have been lifted, Minister for Petroleum and Natural Gas Hardeep Singh Puri said on Friday. “India…
New Delhi, Dec 15 (SocialNews.XYZ) Infibeam Avenues is up 5 per cent in trade after it announced an acquisition of a 49 per cent stake in Pirimid Fintech. Infibeam Avenues is trading at Rs 23.67,…
New Delhi, Dec 14 (SocialNews.XYZ) India’s logistics costs have fallen to 8.9 per cent of gross domestic product (GDP), as better infrastructure created by higher government expenditure on highways, ports and digitisation has speeded up…
Ahmedabad, Dec 14 (SocialNews.XYZ) Essar signed three Memorandums of Understanding (MOUs) with the Government of Gujarat for a total investment of Rs 55,000 crore ahead of the Vibrant Gujarat Global Summit 2024. Essar is in…
New Delhi, Dec 14 (SocialNews.XYZ) IT stocks are the biggest gainers in Thursday’s monster rally of more than 800 points after the US Fed gave a dovish message on interest rates. IT indices are up…
New Delhi, Dec 13 (SocialNews.XYZ) The Competition Commission of India (CCI) has approved subscription to the equity shares of Niva Bupa Health Insurance Company Limited by V-Sciences Investments Pte. Ltd, a subsidiary of Temasek Holdings….
New Delhi, Dec 13 (SocialNews.XYZ) Asian Development Bank (ADB) on Wednesday raised its forecast for India’s economic growth rate to 6.7 per cent for 2023-24 from 6.3 per cent that it had predicted in September….
Mumbai, Dec 13 (SocialNews.XYZ) The markets remained flattish for the past five trading days despite continued rally in the US. “The markers are struggling to break the 21,000-mark on the Nifty and we are seeing…
New Delhi, Dec 13 (SocialNews.XYZ) Among the Nifty midcap-100 stocks, mutual funds were net buyers in 64 per cent of the stocks. The highest month on month net buying in Nov’23 was seen in Petronet…
New Delhi, Dec 12 (SocialNews.XYZ) The growth rate of India’s industrial output shot up to a 16-month high of 11.7 per cent in October compared to the same month of the previous year on the…
New Delhi, Dec 12 (SocialNews.XYZ) Nifty closed on a negative note on Tuesday while majority of the sectoral indices also closed in the red. At close on Tuesday, Nifty50 slumped 90 points or 0.43 per…
Mumbai, Dec 13 (SocialNews.XYZ) Adani Ports and Special Economic Zone said on Tuesday that it will raise Rs 5000 crore by issuing non-convertible debentures and another Rs 250 crore through redeemable preference shares. The Gautam…
Mumbai, Dec 12 (SocialNews.XYZ) IIHL, a Hinduja Group company and the successful resolution applicant, is facing obstacles in progressing its Rs 9,861 crore Resolution Plan for Reliance Capital Ltd. due to ongoing litigation. Despite receiving…