Ola Electric Mobility shares saw a significant surge on their debut, closing with a 20% gain at Rs 91. The Rs 6,146-crore IPO was the […]
Category: Business
At 23,000 crore, monthly SIP flows hit new peak in July
In July, Mumbai’s equity markets hit new highs, boosting retail investors’ confidence in mutual funds, as SIP contributions soared to a record Rs 23,332 crore. […]
India sees fastest growth in intangible investment
India experienced the fastest growth in intangible investments from 2011 to 2020, outpacing major economies. By 2020, it ranked 14th in absolute levels, behind Denmark […]
In a 1st, motor insurance share drops below 30%
The share of motor insurance in non-life industry premiums dropped below 30% for the first time, while health cover premiums surged ahead. Up to June-end, […]
Sensex surges over 800 pts as global markets rally
Bolstered by a robust global market rally, Indian equities saw strong buying interest, pushing the sensex up by 820 points to 79,706, and Nifty up […]
‘Malicious’ and ‘mischievous’: Adani Group rejects allegations in new Hindenburg report
The Adani Group denied the latest allegations made by the Hindenburg research. Hindenburg alleged that Sebi chairperson Madhabi Buch and her husband had stakes in […]
BSNL to launch 4G, 5G-ready over-the-air, universal SIM platform
BSNL launched a 4G and 5G compatible OTA and USIM platform, developed with Pyro Holdings, allowing subscribers to choose mobile numbers and replace SIMs without […]
Reliance to commission first solar giga-factory in FY25
Reliance Industries Ltd planned to commission its first solar giga-factory in the current fiscal. The plant aimed to manufacture 20GW of solar PV by 2024-25 […]
Lamborghini bets big on India’s long-term potential
Automobili Lamborghini saw record sales in India with 103 units sold in 2023, aiming to reach 150 units annually by 2026. India stands as the […]