Sensex, Nifty Extend Losses as Crude Oil Nears $100 Mumbai, September 8, 2026: The Indian stock market came under heavy selling pressure on Tuesday, with benchmark indices extending their decline amid rising crude oil prices, escalating geopolitical tensions in West Asia and continued caution among…
Tag: Business News
Narayan Murthy’s grandson becomes India’s youngest billionaire: 17-month-old Ekagra receives ₹3.3 crore dividend, owns 15 lakh Infosys shares
Ekagra, the grandson of Infosys founder Narayan Murthy, has become one of India’s youngest billionaires. At just 17 months old, Ekagra received 15 lakh shares of Infosys from his grandfather last year, with their current value being approximately ₹214 crore. In the fourth quarter of…
Sensex Plunges 1,390 Points, Nifty Drops 354 Points Amid Global Uncertainty
Sensex Crashes by 1,390 Points, Nifty Falls 354 Points Sensex loses intra-day 76,000 level, Nifty drops below 23,150; small-cap and mid-cap stocks show resilience. Trump claims India is ready to reduce tariffs; FPIs sell stocks worth ₹5,902 crore. Mumbai: Global markets, including Indian stock exchanges,…
Tata Capital’s ₹17,000 Crore IPO on Track After Merger with Tata Motors Finance
Tata Capital to File IPO Draft Papers Post NCLT Merger Approval Tata Capital, the financial services arm of the Tata Group, will file draft papers for its Initial Public Offering (IPO) after receiving final approval from the National Company Law Tribunal (NCLT) for its merger…
ITI Asset Management appoints Jatinder Pal Singh as CEO
Mumbai: Mr. Jatinder Pal Singh has been appointed as Chief Executive Officer of ITI AML with effect from January 01, 2025. Mr. Jatinder Pal Singh has over 25 years of work experience in Mutual Funds industry. He was associated with Mahindra Manulife Investment Management as…
Zomato Becomes Bigger than Tata Motors and Bajaj Auto, Joins Sensex with a Market Cap of Rs. 2.78 Lakh Crore
New Delhi: Online food delivery giant Zomato has surpassed Tata Motors and Bajaj Auto to become a larger company, with a market capitalization of ₹2.78 lakh crore. This remarkable achievement has earned Zomato a spot in the Sensex, effective from today, December 20, 2024. On…
Ambani and Adani Drop Out of ‘Elite Billionaire Club’ as Net Worth Declines
India’s two wealthiest industrialists, Mukesh Ambani and Gautam Adani, have exited Bloomberg’s $100 Billion Club this year. Both business tycoons have witnessed significant declines in their net worth, pushing them below the $100 billion mark. Ambani’s Wealth Falls by $24 Billion According to Bloomberg’s Billionaire…