Mumbai: Online food delivery platform Zomato saw a block deal on Tuesday where 21 crore shares (around 2.4 per cent equity) worth Rs 5,438.5 crore changed hands. The block deal, likely by Antfin Singapore, was executed at an average of Rs 258 per share. The Zomato...
Mumbai: The gross foreign direct investment (FDI) flowing into the Indian economy has surged by 26.4 per cent to $22.5 billion during the April-June quarter of the current financial year compared to the same quarter of the previous year, according to the RBI’s latest...
Mumbai: Despite global macro-economic conditions, India continues to remain a bright spot and is expected to be the fastest-growing major economy this year, a report showed on Tuesday. The country has become the fifth-largest economy in the world, and is set to be...
New Delhi: India added 7.3 crore internet subscribers and 7.8 crore broadband subscribers in one year as the number of telephone subscribers reached 119.9 crore in the country, the Centre informed on Tuesday. Total number of internet subscribers increased from 88.1...
New Delhi: Swedish furniture retailer Ikea said on Tuesday, August 20, that it is piloting same-day delivery in Hyderabad and has plans to scale it up across all its markets in the coming year. Besides, it has also achieved the milestone of 100 per cent deliveries...
Mumbai: India equity indices ended with weekly gains after two consecutive weeks of losses. Both frontline indices Sensex and Nifty closed in the green led by tech stocks last week. On Friday, Nifty closed 397.40 points or 1.64 per cent higher at 24,541.15 and Sensex...
Mumbai: Indian benchmark indices Nifty and Sensex ended the week with gains after two consecutive weeks of losses. Last week, both Sensex and Nifty posted gains of 0.91 per cent and 0.71 per cent at 80,436.84 and 24,541.15, respectively. The market rally was driven by...
Jerusalem: Growth figures issued on Sunday by Israel’s Central Bureau of Statistics indicated a deep fall in the state’s economy following a sharp rise in the first quarter. Israel’s GDP rose in the second quarter by 1.2 per cent compared to the GDP in the first...
Mumbai: Indian equity benchmarks opened in the green on Monday, following positive sentiments in global markets. At 9:40 a.m., Sensex was up 200 points or 0.25 per cent at 80,636 and Nifty was up 80 points or 0.33 per cent at 24,621. Broader market trends remain...
Ahmedabad: Led by emerging businesses, including solar and wind manufacturing as well as airports and roads, the Adani Portfolio’s net profit soared 50.1 per cent to Rs 10,279 crore (year-on-year) in the first quarter of this fiscal, while EBITDA reached Rs 22,570...