In yet another feat to India’s growing clout in the world economy, the country has become the sixth-largest market in the MSCI All Country World Investable Market Index (ACWI IMI), surpassing China. The global index tracks capital market performance across the world. The index includes large- and mid-cap stocks and is a more inclusive version … Read more
State Bank Of India is currently trading at Rs. 794.35, up by 2.00 points or 0.25% from its previous closing of Rs. 792.35 on the BSE. The scrip opened at Rs. 794.15 and has touched a high and low of Rs. 801.25 and Rs. 793.00 respectively. So far 114525 shares were traded on the counter. … Read more
India frontline indices opened at an all-time high on Thursday after the US Federal Reserve cut rates by a wider 50 basis points and kicked off an easing cycle that is likely to see rates fall further. At 9.39 a.m., Sensex was up 687 points or 0.83 per cent at 83,635 and Nifty was up … Read more
The softening of US Fed rate by 0.5 percentage point (50 bps) is a welcome step, given the strengthening US economy with stable inflation, industry analysts said on Thursday, as the focus turns to India which is the fastest-growing economy in the world. After the rate cut decision, the US dollar turned higher, putting pressure … Read more
Power Grid Corporation Of India is currently trading at Rs. 335.40, up by 1.20 points or 0.36% from its previous closing of Rs. 334.20 on the BSE. The scrip opened at Rs. 337.15 and has touched a high and low of Rs. 337.15 and Rs. 334.45 respectively. So far 11143 shares were traded on the … Read more
Dalmia Bharat is currently trading at Rs. 1838.80, up by 5.60 points or 0.31% from its previous closing of Rs. 1833.20 on the BSE. The scrip opened at Rs. 1833.00 and has touched a high and low of Rs. 1840.05 and Rs. 1833.00 respectively. So far 231 shares were traded on the counter. The BSE … Read more
Share of Reliance Infrastructure Ltd went up 20 per cent on Wednesday after the company announced that its external debt was down to Rs 475 crore, against the earlier Rs 3,831 crore. Reliance Infrastructure closed at Rs 282.73, up 20 per cent or Rs 47.12. According to an exchange filing on Wednesday, the company said … Read more
Reinforcing India's growing contribution to the global AI landscape, seven leading Indian organisations on Wednesday joined the AI Alliance — a global community dedicated to advancing safe and responsible AI through open innovation. The seven organisations include AI4Bharat (IIT Madras), IIT Jodhpur, Infosys, KissanAI, People+AI, Sarvam AI, and Wadhwani AI. The companies are joined by … Read more
The"RE-Invest 2024" summit, organised by the Ministry of New and Renewable Energy, concluded here on Wednesday. The event, in which over 200 companies participated, witnessed the signing of MoUs worth Rs 59,000 crore for 94,460 MW pumped hydropower projects. The summit focused on the crucial role of renewable energy in combating global warming and climate … Read more
Homegrown gaming and sports media company Nazara Technologies on Wednesday said it has raised Rs 900 crore as preferential equity issue to boost its growth trajectory. The capital infusion will fuel strategic acquisitions, fund business expansion, and enhance the company’s ability to seize new growth opportunities, it said in a statement. Nazara also acquired an … Read more
