BUSINESS

Reliance Power, Infra hit lower circuit as ED summons Anil Ambani in money laundering case

Reliance Power, Infra hit lower circuit as ED summons Anil Ambani in money laundering case

Shares of Reliance Power and Reliance Infrastructure hit their lower circuit limits after the ED summoned Chairman Anil Ambani in…
NSDL IPO subscribed 15x on final day; NIIs lead the charge

NSDL IPO subscribed 15x on final day; NIIs lead the charge

NSDL’s IPO was oversubscribed 15 times on the final day, driven by strong interest from NIIs and retail investors. The…
Gold falls Rs 400 to Rs 97,620 per 10g; silver drops Rs 2,500 amid global cues

Gold falls Rs 400 to Rs 97,620 per 10g; silver drops Rs 2,500 amid global cues

Gold prices dipped Rs 400 to Rs 97,620 per 10 grams in Delhi, tracking weak global cues and persistent selling…
Manish Tewari alleges “disaster” in Air India’s management, calls for government takeover

Manish Tewari alleges “disaster” in Air India’s management, calls for government takeover

Congress MP Manish Tewari has called for the government to take back Air India from the Tata Group, citing poor…
Financial turbulence for Ola electric as sales drop by 57 per cent

Financial turbulence for Ola electric as sales drop by 57 per cent

Amid stiff competition and user complaints, the company’s stock price and market capitalisation have also plummeted. The firm reported a…
Tata Motors sales dip in July

Tata Motors sales dip in July

Wholesales decline 4 per cent year-on-year, driven by a slump in passenger vehicle dispatches; commercial vehicle sales show a 7per…
Godrej properties’ Q1 Profit Rises 15 per cent, sales booking declines

Godrej properties’ Q1 Profit Rises 15 per cent, sales booking declines

The real estate firm’s net profit touched Rs 598 crore, while sales booking fell 18 per cent to Rs 7,082…
Adani Enterprises Q1 EBITDA from incubating businesses rises 5 per cent to Rs 2,800 crore

Adani Enterprises Q1 EBITDA from incubating businesses rises 5 per cent to Rs 2,800 crore

Airports and clean energy led the growth. Overall consolidated EBITDA stood at Rs 3,786 crore, with PBT at Rs 1,466…
Income Tax Department raids Nuvama Wealth offices in Jane Street probe

Income Tax Department raids Nuvama Wealth offices in Jane Street probe

This follows SEBI’s ban on Jane Street for allegedly disrupting the derivatives segment. The ongoing investigation is a significant enforcement…
India’s economy is ‘dead,’ only PM and FM don’t know says Rahul Gandhi

India’s economy is ‘dead,’ only PM and FM don’t know says Rahul Gandhi

Congress leader Rahul Gandhi attributed this to BJP’s policies, further claiming a US trade deal will be dictated by Trump.…
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