Arun Jain
Indian equities were under pressure due to a combination of factors; Know the key factors here Why is the market down today? Benchmark indices Sensex and Nifty fell 1 per cent in intra-day trade today, on sharp sell-off in Adani group stocks, heightened geopolitical tensions and continued foreign institutional investor (FII) flows. The BSE Sensex … Read more
Zomato co-founder and CEO Deepinder Goyal recently created a buzz after announcing a highly unconventional job posting for the role of chief of staff. Within just 24 hours of sharing the hiring alert, Goyal revealed that Zomato had received over 10,000 applications. The job comes with an unusual twist: instead of a salary, the selected … Read more
Hyundai Motor India currently meets 63 percent of its energy needs using renewable sources (as of June 2024). Hyundai Motor India Limited (HMIL) on Thursday said it has taken a significant step towards achieving its RE100 target by setting up two renewable energy plants in Tamil Nadu. The carmaker signed a power purchase and shareholder … Read more
Ola Electric is cutting down to improve its margins in its efforts to achieve profitability. Ola Electric, owned by Bhavish Aggarwal, is embarking on a restructuring exercise that could affect over 500 employees across various roles in the company. Money Control The report cited sources familiar with the matter. The electric vehicle company is making … Read more
The rupee opened at 84.41 on Thursday and touched an intra-day low of 84.51 against the US dollar. The rupee settled at an all-time low of 84.50 (tentative) on Thursday due to a massive sell-off in domestic equity markets and a rise in crude oil prices amid volatile geopolitical conditions. According to forex traders, the … Read more
Delhi’s Khan Market has once again cemented its position as a retail hotspot, ranking as the 22nd most expensive main street globally in Cushman & Wakefield’s Main Streets Across the World report. With a rent of USD 229 per sq ft per annum (sf/annum) (~ 19,330), Khan Market retains its place in the prestigious global … Read more
Some bank stocks came under pressure amid a broad market sell-off on November 21, exacerbated by news of bribery charges filed by a US federal court against Gautam Adani and other group executives, traders said. Public sector bank stocks saw significant declines on Thursday, with some falling as much as 7 percent. The Nifty PSU … Read more
Zinka Logistics Solutions IPO Listing Date: Zinka Logistics Solutions Ltd (or Blackbuck Ltd), which was scheduled to list on stock exchanges BSE and NSE on Thursday, has postponed its listing till Friday. As per norms, a company is mandated to list its shares within three days of the closing date (T+3) of the IPO. The … Read more
Byju Ravindran, founder of edtech giant Byju, tried to use hidden loan proceeds to secretly repurchase US-based education software company Epic!, which had been taken over by an American trustee, according to a court filing. Baiju Ravindran’s alleged attempt to gain control Nebraska businessman William R. According to Heller, Ravindran is trying to regain control … Read more