The Sensex opened on a flat note at 9,265, but moved up to an intra-day high of 9,309 in early deals.
After a year of decline, mergers and acquisitions (M&As) in India increased 13.8 per cent, reaching $69.2 billion in the first nine months of 2024, as against $60.8 billion during the same period in 2023. Led by Indian companies and private-equity (PE) firms, 2,301 transactions were signed between January and September this year as compared to 1,855 transactions reported in the same period last year, according to the Bloomberg data.
On a frenetic day four, Rohit Sharma's men quickly bowled out Bangladesh and then unleashed batting mayhem at the Green Park Stadium scoring at a rate unprecedented in Test cricket.
If growth reverts to the pre-Covid level, a lot of people may have to temper their rosy optimism, points out Debashis Basu.
India's biggest oil and gas bid round attracted four bidders that included state-owned ONGC and OIL and private sector Vedanta Ltd, with most blocks getting just two bids, according to Directorate General of Hydrocarbons (DGH). The OALP-IX bid round, where 28 blocks or areas spread over 1.36 lakh square kilometre were offered for finding and producing oil and gas, for the first time saw Reliance Industries Ltd-bp plc combine bidding together with ONGC for one block in Gujarat offshore.
Finance Minister Nirmala Sitharaman on Tuesday announced the doubling of the upper limit of Mudra loans to Rs 20 lakh to promote entrepreneurship in the country. "The limit of Mudra loans will be enhanced to Rs 20 lakh from the current Rs 10 lakh for those entrepreneurs who have availed and successfully repaid previous loans under the 'Tarun category', she said while presenting the Budget in the Lok Sabha.
The country's largest lender SBI on Thursday reported 18.18 per cent growth in March quarter consolidated net profit to Rs 21,384.15 crore as against Rs 18,093.84 crore in the year-ago period. On a standalone basis, profit grew to Rs 20,698.35 crore from Rs 16,694.51 crore a year ago, the lender said in a regulatory filing.
Fastest 50, 100, 150, 200, 250 in Tests...
Gold imports tick up 10.47% to $2.42 billion in May.
Eighteen-year-old Surrey batsman Dominic Sibley was bowled out for 242 against Yorkshire on Friday after entering the record books as the youngest double centurion in English county cricket.
The number of domestic air travelers in India grew 2.42 per cent year-on-year (Y-o-Y) in April, reaching 13.2 million, according to data by the Directorate General of Civil Aviation (DGCA) on Tuesday.
Congress and its allies, the poll said, are expected to gain 35-45 seats from the 140 bagged in the last general election.
A round-up of the Ranji Trophy matches played on Monday
Williamson said he was trying to take the final Windies wicket while deploying Boult and Ferguson a tad earlier than they actually meant to.
British telecom player Vodafone on Wednesday said it has sold an 18 per cent stake in Indus Towers for 1.7 billion euro (about Rs 15,300 crore). Meanwhile, Bharti Airtel has increased its stake by acquiring 2.69 crore shares, representing a 1 per cent stake, in Indus Towers. The shares were acquired by Airtel at an average price of Rs 320 apiece, taking the transaction value to Rs 862.38 crore, as per the bulk deal data.
A round-up of the Ranji Trophy matches played on Friday.
India's forex reserves jumped $1.63 billion to $618.94 billion for the week ended January 12, the Reserve Bank of India (RBI) said on Friday. In the previous reporting week, the overall reserves had declined sharply by $5.89 billion to $617.3 billion. The country's forex kitty had reached an all-time high of $645 billion in October 2021.
Olympian Manu Bhaker displayed complete dominance in 10m air pistol Olympic Selection Trials (OST), shooting a superb score to overcome the challenge of Asian Games medallist Esha Singh in Bhopal on Friday.
The dawn of a new era had begun under Sourav Ganguly's aggressive leadership. With Ganguly and Coach John Wright at the helm India had transitioned into a force to be reckoned with.
A round-up of the Ranji Trophy matches played on Saturday.
A reading of the reports suggests that there is no standard practice for reporting political contributions and it is left to the company's discretion to report them as they find fit.
England posted a world record 481 for six before they demolished Australia by 242 runs in the third match of their ODI series at Trent Bridge, Nottingham on Tuesday.
Every passenger gets 55 per cent concession on train journeys, Railway Minister Ashwini Vaishnaw said regarding demands to restore pre-Covid fare concessions for senior citizens and media persons.
After several losses in the early years of the new century, a resurgent India notched up two consecutive series wins in Australia to become the Aussies' nemesis.
Private equity (PE) investments in India have fallen to a 6-year low at $24.2 billion in the financial year ending March 2024. Investments via PE deals are down 47 per cent compared to FY23, when private equity deals worth $45.8 billion were signed. According to data sourced from Bloomberg, PE firms had signed record deals worth $80 billion in the financial year ending March 2022.
Milk supplies could improve with the monsoon, provided the rains are not excessive.
Three battalions of the Border Security Force comprising more than 3,000 personnel will move across the border from Odisha to Chhattisgarh and an equal number of Indo-Tibetan Border Police units will further move into the Naxal stronghold of Abujhmad as part of a strategy to intensify anti-Maoist operations in their last bastions, official sources said.
Srinivas Bhogle and Purnendu Maji present Rediff.com's Most Valuable Player Index of T20 World Cup 2024 after Game 54.
Rohit Sharma did practically everything right in the T20 WC: He batted brilliantly, he captained even more capably, but he failed to top the most valuable player table. Srinivas Bhogle and Purnendu Maji present Rediff.com's Most Valuable Player Index of T20 World Cup 2024.
Srinivas Bhogle and Purnendu Maji present Rediff.com's Most Valuable Player Index of T20 World Cup 2024 after Game 48.
Dinesh Karthik is all set to make his last IPL appearance in the 2024 edition.
Glenn Maxwell's breathtaking knock helped Australia clinch the three-match T20I series with a second consecutive win on Sunday
India Inc reported an uptick in revenue growth in the January-March quarter (Q4) of 2023-24 (FY24), but it came at the cost of a deceleration in earnings growth.
India Inc may offer an average salary hike of 9.6 per cent in 2024, similar to the actual increase last year, according to a report released by global professional services provider Ernst & Young (EY). The 'Future of Pay 2024' report states that the highest salary hikes are expected in e-commerce (10.9 per cent), financial services (10.1 per cent), and 10 per cent each in professional services and real estate. The expected hike will be lower than the 10.4 per cent seen in 2022. In 2023, the highest salary hikes were seen in e-commerce (10.5 per cent), and 10.4 per cent both in auto/vehicle manufacturing and financial services.
South Africa skittled New Zealand's tail to dismiss their hosts for 211 and take a shock first-innings lead of 31 runs on day two of the second Test at Seddon Park on Wednesday.
A summary of the Vijay Hazare Trophy matches played on Saturday.
India's foreign exchange reserves jumped $708 million to $602.16 billion for the week ended August 11, the Reserve Bank of India (RBI) said on Friday. This is the first increase in the kitty after declining for three consecutive weeks. In the previous reporting week, the overall reserves had declined $2.42 billion to $601.45 billion.
Wickets fell at a steady rate thereafter, with Jayasuriya striking three times, claiming the wickets of Abdullah Shafique, Babar Azam and Sarfaraz Ahmed to leave Pakistan struggling at 101 for five.
Noting that he fully respects the Supreme Court order on electoral bonds, Union Home Minister Amit Shah on Friday said the scheme was introduced to end black money in politics and added that it should have been improved rather than scrapped.
