The Indian stock market has been on a downward spiral for the past five trading sessions, with the Sensex crashing nearly 2,300 points and the Nifty 50 slipping below 23,000. On Tuesday, February 11, the Sensex tumbled 1,018 points (1.32%) to close at 76,293.60, while the Nifty 50 fell 310
Business
Shein, the popular Chinese fast fashion brand, is making its return to India nearly five years after being banned due to data security concerns following the 2020 border tensions between India and China. In a significant move, Reliance Retail has partnered with Shein to launch a new fashion app in India, offering a fresh lineup […]
The recent dip in Infosys’ share price has resulted in a ₹1,850 crore loss for the Murthy family’s stake, bringing its value down from ₹32,152 crore to ₹30,300 crore. This drop follows a nearly 6% decline in Infosys’ stock price on Friday, with the shares closing at ₹1,815.10 on the BSE, down 5.77%. The slump […]
Zomato’s stock has dropped by 21% from its 52-week high, largely due to growing concerns in the market. Investors are worried about two main factors: the company’s increased investments in Blinkit’s supply chain, including dark stores and warehouses, and the rising competitive pressure in the quick commerce sector. While these concerns are valid, we believe […]
The recent US sanctions targeting Russia’s oil sector, particularly its “shadow fleet” of tankers, could significantly impact India’s oil imports, as Russia has become India’s largest crude supplier. The sanctions, which target 183 tankers involved in transporting Russian oil, along with major Russian oil companies and entities, come as part of the US’s ongoing
New Delhi: SpiceJet is gearing up to reintroduce 10 grounded aircraft, including four Boeing 737 MAX planes, into its fleet by mid-April 2025. This strategic move is aimed at enhancing the airline’s operational strength and network reach. The initiative will significantly expand SpiceJet’s current fleet of 28 aircraft, despite the simultaneous redelivery of some planes
Get ready for the ultimate shopping extravaganza with the Amazon Great Republic Day Sale 2025, offering massive discounts across all categories. From home appliances to tech gadgets, fashion, and more, this sale promises incredible deals for every shopper. Why This Sale is a Must-Attend The Amazon Republic Day Sale 2025 brings some of the biggest […]
Reliance Jio, India’s largest telecom provider led by billionaire Mukesh Ambani, has suffered a major blow, losing 7.9 million (79 lakh) subscribers in a single month. This decline, which occurred in September 2024, comes amidst widespread migration to state-owned BSNL, which has been making a strong comeback. Data from the Telecom Regulatory Authority of India […]
At the Rising Rajasthan Global Summit 2024 held at the Jaipur Exhibition and Convention Centre (JECC), Kumar Mangalam Birla, Chairman of the Aditya Birla Group, announced an ambitious investment of Rs 50,000 crore in Rajasthan. This investment will focus on expanding the company’s footprint across key sectors, including cement, renewable energy, telecom, and retail. Birla
Tata Motors has announced a price hike for its passenger vehicles, set to take effect in January 2025. The increase, which could be as high as 3%, applies to both conventional and electric vehicle models. The company has cited rising input costs and inflationary pressures as the key reasons behind the decision. The price adjustments […]
