Mumbai, 16, India

Zomato to replace JSW Steel in sensex

India Business News: Mumbai: Zomato, the app-based food delivery major that was listed in July 2021, will replace JSW Steel in the sensex on Dec 23, a BSE notice said.

2024-11-22 20:12

Binny Bansal quits PhonePe board

India Business News: MUMBAI: Flipkart co-founder Binny Bansal has stepped down from the board of PhonePe, the fintech which the e-commerce firm had acquired in 2016 under .

2024-11-22 20:11

Rupee gains six paise against dollar to close at 84.44

India Business News: MUMBAI: The rupee closed higher on Friday at 84.

2024-11-22 20:01

Forex reserves record biggest weekly drop as RBI moves to support rupee

At $17.8 billion, the reserves fell the most in the week ended November 15, eclipsing the $15 billion retreat in the week of October 24, 2008, when the subprime sinkhole had swallowed global financial assets - and emerging market currencies - in the immediate…

2024-11-22 19:38

Adani Group could find funding harder after US indictment as banks review credit

Gautam Adani's group faces funding issues. Banks may limit credit after a US arrest warrant. The warrant is for an alleged bribery case. Adani's companies lost value in the stock market. Investors are concerned. Some deals are cancelled. Indian authorities ar…

2024-11-22 19:33

US indictment: Adani's foreign backer GQG goes for buyback after stock slides 19%

India Business News: MUMBAI: GQG Partners, a major foreign investor in the Adani group companies, has initiated defensive measures to safeguard its share price following t.

2024-11-22 19:29

Forex reserves drop by record $18 billion in a week

India Business News: MUMBAI: Foreign exchange reserves fell by nearly $18 billion in the week ending Nov 15-the sharpest fall on record-as global investors continued pulli.

2024-11-22 19:28

'Byju asked business ally to flee to avoid testifying in US court'

India Business News: Mumbai: Byju Raveendran, founder of edtech startup Byju's, allegedly tried to convince his US-based business associate William R Hailer to leave the c.

2024-11-22 19:28

RBI: Policy guidance is more effective when rates are low

India Business News: MUMBAI: Interest rate guidance is more effective when policy rates are low as compared to when they are on their way down, according to RBI deputy gov.

2024-11-22 19:27

Sensex surges 2000 points, best day in 5 months

India Business News: MUMBAI: Sensex rallied to close 2,000 points or 2.

2024-11-22 19:27