Sebi's dismissal of a case against NSE and its officials in the co-location scam has revived hopes of the exchange's IPO. This decision, citing insufficient evidence, clears a major hurdle for NSE's long-awaited public offering.
The Nifty Realty index closed 0.57 per cent up at 1059.7.
India has enacted policies to boost farm exports and restrict vegetable oil imports ahead of state elections. The government removed minimum export prices for basmati rice and onions, while raising tariffs on edible oils to assist farmers. These measures are designed to secure farmer votes in Maharashtra and Haryana.
To mark Prime Minister Narendra Modi's 74th birthday, the Ajmer Sharif Dargah will prepare and distribute 4,000 kg of vegetarian langar. The meal will include rice, pure ghee, and dried fruits. This initiative is part of the 'Sewa Pakhwada' celebrations and aims to serve devotees and the underprivileged while praying for PM Modi's long life.
The GST investigation arm DGGI has proposed reciprocal arrangements with foreign governments for information sharing and enforcement to prevent tax evasion in OIDAR services like e-gaming and online education. The move aims to tackle non-cooperative offshore entities, including online casinos based in tax havens, by facilitating data exchange and website blocking.
Delhi University has released the schedule for Spot Round-I admissions for undergraduate programmes for the academic year 2024-25. The application process starts on September 18 and ends on September 19. Seat allocation will be declared on September 21, and candidates must accept offers by September 22. Payment to secure seats is due by September 24.
Bajaj Finance, HUL, Bajaj Finserv, SBI Life and Britannia were among the top losers on NSE in today's trade.
Delhi Chief Minister Arvind Kejriwal has requested a meeting with Lt Governor VK Saxena on Tuesday and is expected to resign. Kejriwal, recently released on bail in the excise policy case, announced he would step down within 48 hours and called for early elections in Delhi, seeking a "certificate of honesty" from the people.
Unique stocks are those held by a single mutual fund house. Of the approximately 197 unique stocks identified, we filtered out those with a market value below Rs 150 crore.
Adani Enterprises Ltd. and Wilmar International Ltd. plan to sell a 13% stake in their joint venture Adani Wilmar Ltd. to comply with Indian securities laws. The sale, valued at $735 million, aims to reduce their combined shareholding from 88% to 75% by February.
A three-judge panel of the U.S. Court of Appeals for the District of Columbia will hold oral arguments on a legal challenge filed by TikTok and Chinese-parent company ByteDance that seeks an injunction barring the law from taking effect.
NASA astronauts Sunita Williams and Butch Wilmore are extending their stay on the ISS due to technical issues with Boeing's Starliner spacecraft. They will return to Earth in February 2025 aboard a SpaceX craft. Both astronauts are committed to voting from space, continuing a tradition that began in 1997.
The currency was unable to benefit from weakness in the greenback in the face of dollar demand from importers, including local oil companies, traders said.
The market saw a near-even split between winners and losers, with 26 stocks closing higher and 24 lower. NTPC, JSW Steel, Hindalco Industries, Shriram Finance, and L&T led the gains, while Bajaj Finance, Hindustan Unilever, Bajaj Finserv, SBI Life Insurance Company, and Britannia Industries saw declines.
"We are delighted to partner with ONDC and be listed on the platform. This collaboration strengthens our efforts to bring the joy of playing culturally relevant Indian games, responsibly, to a larger audience," said Dilsher Singh Malhi, founder and CEO of Zupee.
HCLTech, an Indian IT firm based in Noida, has been recognized as the top India-headquartered company in TIME magazine's World's Best Companies 2024 list. The company also ranked in the global top 10 within the Professional Services category. This recognition highlights HCLTech's commitment to excellence, innovation, and sustainability.
9 super delicious broccoli dishes perfect for weight loss
Regional disparities in agricultural lending persist despite a record high in institutional credit, according to RBI deputy governor Swaminathan J. Speaking at an international conference, he emphasized the need to address these imbalances and promote sustainable agriculture by ensuring equitable access to financial resources, tools, technology, and knowledge for farmers.
Intel missed out on a significant contract to design and fabricate the chip for Sony's PlayStation 6, which was awarded to rival AMD. The deal, if secured, could have brought billions in revenue and bolstered Intel's fledgling contract manufacturing business.
Boeing faces a crisis as workers reject a 25% pay rise deal and initiate strike action. The company underestimated the depth of worker resentment over cost-of-living pressures and past pay agreements. Trust between Boeing and union leadership has eroded, complicating upcoming talks. Workers demand fair compensation, while management scrambles to resolve the dispute.
I think broadly speaking, the market does offer a lot from a consumption perspective. So, multiple sectors and it is a very exciting space and has been for some time.
