The market capitalisation of BSE-listed companies jumped to a record high of Rs 2,40,04,664.28 crore on Tuesday, driven by a rally in stocks that also saw the benchmark Sensex touching its lifetime peak of 53,887.98 points. Rallying for the second consecutive day on Tuesday, the 30-share BSE index closed at a fresh closing peak of 53,823.36 points, a jump of 872.73 points or 1.65 per cent. During the day, it zoomed 937.35 points to 53,887.98 points.
As the industrial era wanes, the network era looms, notes Ajit Balakrishnan.
Vaibhav Rawal scored a fine century before pacer Divij Mehra's dismantled Mumbai with a five-wicket haul to power Delhi to an emphatic eight-wicket victory in the Ranji Trophy Group B match.
When shares of Nykaa's parent FSN E-Commerce Ventures skyrocketed in debut trade on Wednesday, founder Falguni Nayar and family also saw their wealth surge to nearly $7 billion. And when the markets closed for trade, the wealth was well over $7.5 billion. The dream debut of Nykaa, in a market being flooded with initial share sales, sustained the momentum till the close of the trade as the scrip registered a staggering gain of over 96 per cent to end at Rs 2,206.70 apiece on the BSE.
A summary of Friday's action in Ranji Trophy matches across the country.
Former Bihar chief minister and BJP ally Jitan Ram Manjhi alleged on Wednesday that five MPs, including a Union minister, have been elected to Lok Sabha from seats reserved for the Scheduled Castes on the basis of "forged" certificates and sought an inquiry.
A round-up of Ranji matches played on Thursday.
Deepak Fertilizers plans to revise open offer price to beat Mallya-Poddar efforts
Through the UB Group, Mallya holds 21.98 per cent stake in MCF.
Dilip Vengsarkar believes that he was able to do justice to the chairman's post because of the time he spent as head of BCCI's now defunct Talent Research Development Wing (TRDW) which found the gem called MS Dhoni.
Freedom doesn't mean experimenting everything that comes your way. Tread with caution, warns Dr Prakriti Poddar.
Shares of Zomato on Friday zoomed nearly 53 per cent in its debut trade against its issue price of Rs 76. The stock made its debut at Rs 115, reflecting a huge gain of 51.31 per cent against the issue price on the BSE. It then hit a high of Rs 138, a jump of 81.57 per cent.
Poddar-Mallya agreement on running MCF likely to be re-worked.
Congress leader Adhir Ranjan Chowdhury's 'rashtrapatni' remark snowballed into a major political row on Thursday with the Bharatiya Janata Party accusing the opposition party of insulting President Droupadi Murmu and demanding that Congress chief Sonia Gandhi should apologise to the nation.
A Naik Subedar with Army was on Wednesday arrested by the Hyderabad police on the charge of sharing information about strategic locations of Army bases and deployment of units with a woman, suspected to be a Pakistani national, through the Internet.
The next generation of the Poddar family, the promoters of the Rs 1,500 crore (Rs 15 billion) Siyaram group, is taking charge.
After being forced to resign as chairman of MCF, Mallya is now keen on increasing his stake in the company
Tirthankar Poddar, lead vocalist of the rock band Zedde talks about his small town journey from Agartala to Mumbai and why he chose to be a rock artist. Read on.
The agreement says UB Group and Adventz will have the right of first refusal over each other's shares.
Arthur J Pais meets Scottish businesswoman Sunita Poddar who gifted an island to yoga guru Baba Ramdev.
Apollo Tyres chairman and managing director Onkar Kanwar on Tuesday took over as the new president of industry body FICCI for 2004-05.
One of the first things to strike one about Cinnamon, a 19-year-old designer boutique hub, is its architecture and feel.
After a first wicket partnership of 60 between Vivek and Shreevats Goswami (27, 28 balls, 3 fours), the home team faltered as none of the other batsmen got going.
The incident, allegedly triggered by the local police objecting to a procession being taken out for immersion of a Durga idol late Monday night in flagrant violation of social distancing norms, had set off a pitched battle between security personnel and devotees.
A round-up of Ranji matches played on Friday.
Real estate firms like DLF, Prestige, Phoenix Mills to benefit.
Karnataka rode on Rahul's 81 runs and an unbeaten 142 by Pandey.
Eating fish may help prolong life says study.
India badminton player Saina Nehwal thanked her team of physios as she returned to the court for a training session on Tuesday.
He manages to get back a majority of pledged shares.
'Trading is about psychology; 75% of it is about keeping your emotions in check.'
The government will soon issue guidelines for regulation of OTT (over the top) platforms that will address issues such as sensitive content, the Rajya Sabha was informed on Tuesday.
Party's general secretary Ram Madhav, whose name was doing rounds as a contender, is not among the six candidates with sources saying he is likely to get a bigger responsibility in the organisation following a rejig expected soon.
His margin was just a shade lower than the 6.96 lakh record set by Pritam Munde in October 2014 when she won the by-election to Beed seat in Maharashtra after the untimely death of her father and former Union minister Gopinath Munde.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
A decline in oil prices, improving demand situation in abroad markets and structural reforms at home will help Indian economy regain its high growth trajectory in the coming years, according to US investment banking giant Goldman Sachs.
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