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Atmanirbhar Bharat: A boon for manufacturers

26 Aug 2023 09:07 AM IST

The Atmanirbhar Bharat scheme of Prime Minister Narendra Modi has inspired entrepreneurs to help reduce the reliance of Indian manufacturers on China. Speaking at the Festival of Ideas, Vinod Sharma, Chair of the CII Electronics Committee, said if decision-makers take suggestions before drafting policies, it works wonders for the country.

SEBI files fresh status report before SC, 22 out of 24 probe reports final

26 Aug 2023 08:40 AM IST

The Securities and Exchange Board of India (SEBI) on Friday submitted a status report before the apex court, saying that out of 24 investigations arising out of the Hindenburg report, 22 are final in nature and two are interim in nature. The investigation was carried out in compliance with the

Equities end in the red; Sensex-Nifty is lower

25 Aug 2023 17:22 PM IST

The stock market had a difficult day and ended up closing down, with losses on both the Sensex and the Nifty. Sensex concluded the trading session down by 365.83 points at 64,886.51, while Nifty ended 120.90 points lower at 19,265.80. Nifty firms struggled, with only 11 stocks advancing and 40

Stock indices experience early decline amidst global uncertainty

25 Aug 2023 10:33 AM IST

On Friday, the stock market got off to a slow start as early trading saw indices decline. The Sensex index opened 217.79 points lower at 65,034.55, while the Nifty index was down by 78.70 points at 19,331.25. Among the Nifty companies, 14 showed advances, while 37 recorded declines at the

Sensex and Nifty surge in opening trade

24 Aug 2023 10:56 AM IST

On Thursday, the stock markets showed a bullish trend, with both the Sensex and Nifty recording significant gains. Sensex surged ahead by 286.38 points to reach 65,707.71, while Nifty marked an ascent of 85.30 points at 19,530.30 at the time of market opening. In the Nifty segment, 47 firms witnessed

Adani Group portfolio EBITDA grows 42 pc in Q1FY24

23 Aug 2023 15:58 PM IST

The Adani Group portfolio once again outperformed expectations with a record-breaking quarterly profit (EBITDA) of Rs 23,532 crore, or 42% more than the previous year. The conglomerate on Wednesday published the June quarter 2023–24 results compendium for its portfolio of listed companies. EBITDA is net income before taking out interest,

Musk vs Zuckerberg fight continues as Tesla CEO claims ‘Facebook is Manipulating’

23 Aug 2023 14:57 PM IST

Elon Musk, CEO of Tesla, and Mark Zuckerberg, creator of Meta, appear to continue their feud. Musk apparently remarked on Wednesday that Facebook is deceiving the public and that this is why they won’t open source their algorithm. Reacting to the news that Mark Zuckerberg said that Facebook has independent

Indian stocks remain stable ; no immediate triggers for sharp movement

23 Aug 2023 11:04 AM IST

On Wednesday, the Indian stock indices maintained their steady trading pace. Sensex and Nifty were only 0.07 percent lower than the previous closing at the opening bell. “Now, there are no immediate triggers which can take the market sharply up or down. Investors may wait and watch for new data

Stock market closes higher with Sensex, Nifty making modest gains

22 Aug 2023 16:29 PM IST

The Sensex and Nifty both closed the day with modest gains, demonstrating the market’s resiliency. As they navigated through the uncertainties of the world, investors remained cautiously optimistic. At the time of market closing, the Sensex was up by 3.94 points, reaching 65,220.03, while the Nifty gained 2.85 points, closing

Sensex and Nifty open in the green, market sees mixed performances

22 Aug 2023 10:10 AM IST

The Sensex and Nifty opened in the green on Tuesday, helping the stock market get off to a good start. As trading got underway, the Sensex was up 26.81 points at 65,242.90, and the Nifty was up 8.00 points at 19,400.25. In the Nifty index, 38 companies reported gains, 13

Jio Financial Services lists on BSE

21 Aug 2023 14:30 PM IST

Today, Jio Financial Services Limited made its BSE debut. Prominent financial dignitaries were present for the listing ceremony. The BSE Chairman Subhash S. Mundra and the esteemed directors of Jio Financial Services Limited lit the traditional lamp to start the BSE Listing ceremony. “JFS will seek to optimize all that

Stock market opens in green as Sensex, Nifty surge

21 Aug 2023 11:20 AM IST

Both the Sensex and Nifty showed gains in early trading as the stock market opened on Monday. Ahead of Jio Financial Services’ IPO on stock exchanges, investors were upbeat as they greeted the new week thanks to favorable economic data and global cues. At the opening bell, the Sensex, representing