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March 19, 2024 in Indian Business News

Sensex slips again on global cues, down 2,ooo points from peak

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MUMBAI: A host of global and local factors — from Japan’s first interest rate hike in 17 years to fears of overvaluation in some stock market segments — pulled the sensex down on Tuesday even though f ...

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March 18, 2024 in Indian Business News

Tata Sons to sell TCS shares worth up to $1.13 billion, term sheet shows

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MUMBAI/BENGALURU: Tata Sons, the holding arm of Tata Group, plans to sell shares in Tata Consultancy Services (TCS) worth up to 93.62 billion rupees ($1.13 billion) on Tuesday, a term sheet showed.Tat ...

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March 17, 2024 in Indian Business News

Adani to invest $14 billion in FY25

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Adani group plans to invest more than Rs 1.2 lakh crore (about $14 billion) across its portfolio companies that range from ports to energy, airports, commodities, cement and media in fiscal year start ...

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March 16, 2024 in Indian Business News

IOC cuts fuel prices by Rs 15 in Lakshadweep as infra levy ends

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NEW DELHI: State-run IndianOil on Saturday slashed petrol and diesel rates by up to Rs 15.3 per litre in Lakshadweep islands, marking the sharpest fuel price cut ever in the country.The move comes wit ...

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March 15, 2024 in Indian Business News

Paytm Payments Bank releases FAQs on closing FASTag accounts, refund

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Paytm Payments Bank has released a detailed FAQ on their website in light of the new directive that comes into force on March 15, concerning the acceptance of new deposits. The bank has provided clari ...

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March 14, 2024 in Indian Business News

Eris to acquire branded formulations of Biocon subsidiary for Rs 1242 crore

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Biocon Biologics is selling its branded formulations business to Mumbai-based Eris Lifesciences for Rs 1242 crore.With the deal, Eris will jumpstart its entry into the Rs 30,000+ crore injectables mar ...

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