Indian equity markets closed lower on Friday, with the Sensex falling by 230 points, or 0.28%, to 81,381, and the Nifty slipping by 34 points, or 0.14%, to 24,964. The decline was primarily driven by a sell-off in financial and auto stocks, alongside weakness in shares of Tata Consultancy Services (TCS). The banking sector bore […]
The Indian financial market has been witnessing a significant surge in the number of demat accounts, according to a recent report by Motilal Oswal Financial Services. The total number of these accounts reached 175 million in September, up from 171 million in August. This increase is a testament to the robust performance of the Indian […]
The Indian stock market started the day on a subdued note, reacting to weak signals from the U.S. markets. Major banking stocks were hit hard, pulling down indices, though select sectors like technology showed resilience and gained traction in the face of a broader decline. By mid-morning, the Sensex was down 142 points, or 0.17%, […]
The Indian auto sector recorded a remarkable $1.9 billion across 32 deals in the third quarter of 2023, marking the highest level of quarterly deal activity since the fourth quarter of 2021, according to a report by Grant Thornton Bharat. This surge in deals highlights a significant recovery for the sector, driven by strong investments […]
Ratan Tata was much more than a business icon. His vision and humanity were demonstrated in the work of several charities he founded and nurtured during his life, said former Prime Minister Manmohan Singh. “Tata had the courage to speak truth to the men in power, a testament to his integrity and commitment to ethical […]
Bengaluru, often celebrated as India’s technology capital, is once again proving why it leads the charge in innovation. In a recent social media post, Ananya Narang, CEO of Entourage and a prominent business influencer, shared her firsthand experience of staying at a hotel managed almost entirely by virtual staff. During her stay, Narang was surprised […]
Prime Minister Narendra Modi expressed profound sorrow on Thursday following the demise of Ratan Tata, Chairman Emeritus of Tata Sons, who passed away at Mumbai’s Breach Candy Hospital due to age-related health issues. Sharing his condolences on X (formerly Twitter), the Prime Minister wrote, “My mind is filled with countless interactions with Shri Ratan Tata […]
Google DeepMind researchers Demis Hassabis and John M. Jumper, along with Professor David Baker from Washington University, have been awarded the 2024 Nobel Prize in Chemistry for groundbreaking work in protein design and structure prediction. The Royal Swedish Academy of Sciences made the announcement on Wednesday, recognizing their contributions to solving key challenges in the […]
As per the latest Reuters/Ipsos poll, Democratic Vice President Kamala Harris is leading Republican Donald Trump by a narrow margin of 46% to 43% in the 2024 U.S. presidential election, reflecting the sentiments of voters as the November 5, 2024 vote is nearing. The poll reveals that voters consider the economy as the top issue facing […]
Ola Electric, once hailed as a trailblazer in India’s electric vehicle (EV) market, is now grappling with a host of challenges that threaten to derail its success. From a show-cause notice issued by the Central Consumer Protection Authority (CCPA) to a flurry of customer complaints and a sharp decline in stock prices, the company is […]
Airtel is likely to acquire Tata Play at a valuation comparable to the recent deal with Temasek, sources close to the matter revealed. Initially, Tata Play had planned for an initial public offering (IPO) and even filed for one in 2022, but the plan was shelved last August. Launched in 2006, Tata Play currently boasts […]
India’s equity markets opened higher on Tuesday, buoyed by strong performances in banking stocks and gains in UltraTech Cement, NTPC, and L&T among others on the BSE benchmark index. By 9:59 a.m., the Sensex had risen by 258 points or 0.32% to 81,308, while the Nifty climbed 58.20 points or 0.23% to 24,853. Leading the […]
Hero Motors Ltd, a subsidiary of two-wheeler giant Hero Motors Company (HMC) Group, has unexpectedly withdrawn its Rs 900 crore initial public offering (IPO), according to a regulatory update from the Securities and Exchange Board of India (SEBI) on Monday. The sudden move is sending ripples through the automotive and financial sectors. Hero Motors had […]
In a recent appearance on the popular podcast Call Her Daddy, Vice President Kamala Harris addressed criticism from Arkansas Governor Sarah Huckabee Sanders, who questioned Harris’ understanding of family due to her lack of biological children. Harris firmly rejected the criticism, stating that families take many forms, rooted not just in blood but in love. […]
In a shift in the legal information landscape, Thomson Reuters, the multinational media conglomerate, has announced that it is selling its FindLaw business to Internet Brands. FindLaw, a prominent player in the online legal information sector, offers a wide array of resources including legal news, blogs, and comprehensive information on state and federal laws. The […]
The Indian stock market is on the cusp of a critical week, with the upcoming RBI Monetary Policy Committee (MPC) meeting, second-quarter (Q2) corporate earnings, and industrial production (IIP) data expected to shape market trends. Investors are bracing for potential volatility as these key indicators, combined with global market dynamics and geopolitical tensions, will provide […]
India’s real estate sector, already the second-largest employer after agriculture, is on track to become the country’s leading job creator, according to industry leaders. With a compound annual growth rate (CAGR) of 18.7 percent, the sector is seeing unprecedented expansion, making it a key hub for young talent. The real estate industry is booming in […]
The Biden administration has announced a significant shift in its immigration policy as the U.S. Department of Homeland Security (DHS) said that it will not renew a temporary humanitarian entry program for hundreds of thousands of migrants who have U.S. sponsors and entered the country in recent years. The program, known as the parole program, […]
The makers of Freedom at Midnight, a political thriller series, have released a new teaser featuring Sidhant Gupta, Chirag Vohra as Mahatma Gandhi, and Rajendra Chawla. The teaser spotlights the intense conflict between Gandhi and Muhammad Ali Jinnah amidst the backdrop of India’s struggle for independence. Inspired by Dominique Lapierre and Larry Collins’ acclaimed book, […]
Bollywood star Alia Bhatt stunned fans with an unexpected appearance at Grammy-winning DJ Alan Walker’s concert in Bengaluru. As videos of the moment flood social media, one clip captures Bhatt greeting the crowd with a cheerful “Namaskara (Hello) Bengaluru. Surprise, surprise!” Dressed in a sleek blue off-shoulder dress, Bhatt waved to the ecstatic audience while […]