Bhavish Aggarwal-run Ola Electric continues to lose its market share in the Indian EV market and in the month of September, it further dropped to 27 per cent amid rising competition as well as its crippling service centres.
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3 Adani Group firms join World Economic Forum's 'Industrial Clusters' initiative
The Adani Mundra Cluster will become one of the world’s largest integrated green hydrogen hubs, with a planned capacity of 1 million metric tonnes per annum (MMTPA) of green hydrogen production by 2030, expanding up to 3 MMTPA by 2040.
BharatPe settles Rs 88 crore fund misappropriation case with Ashneer Grover
After a long-standing and dramatic courtroom battle, BharatPe on Monday said it has arrived at an agreement with its former co-founder Ashneer Grover, who was charged, along with his family members, by the fintech company for alleged misappropriation of funds worth Rs 88.67 crore.
IPO market buzz continues next week with 3 new public issues
India's primary market continues to boom, with three SME IPOs set to launch next week from September 30, and the market will see several main board IPO listings like KRN Heat Exchanges, which received massive subscriptions of over 200 times.
Market Outlook: Q2 results, auto sales, PMI data key factors for next week
The Indian equity indices witnessed a sharp rally last week as Sensex and Nifty both made new all-time highs of 85,978.25 and 26,277.35 respectively. Now, the market outlook for next week looks very positive, experts said.
Prioritising export growth must to reach $500 bn electronics manufacturing by FY30: Industry
To achieve the goal of $500 billion local electronics manufacturing by FY30, the industry must prioritise export growth to emerge as one of the top three global exporters in this domain by 2030, industry players said on Saturday.
Bull run continues, under-performing stocks likely to lead in coming quarters
The Indian stock market continued to witness the bull run this week, marking a 1.7 per cent increase and the third consecutive weekly gain, with Sensex hitting 85,000 for the first time and Nifty trading at an all-time high.
Sensex trades near all-time high, Infosys and Wipro top gainers
Indian frontline equity indices were trading near record highs as heavyweight IT stocks like Infosys, Wipro, TCS and Tech Mahindra gained after a positive revision of Accenture's revenue guidance for FY25.
PM Modi meets Tata Sons, Taiwan's PSMC leaders as they build Rs 91,000 cr chip facility in India
Prime Minister Narendra Modi on Thursday met the leadership team of Tata Sons and Taiwan's Powerchip Semiconductor Manufacturing Corporation (PSMC), which are building a Rs 91,000 crore mega semiconductor fabrication facility in Gujarat's Dholera.
Ola Electric customers cry over never-ending issues, even from day 1 after purchase
Ola Electric’s flagship S1 series EV scooter has turned out to be a nightmare for several customers as they continue to face issues like malfunctioning hardware and glitching software even from day one after purchase.
Sensex, Nifty trade at record-high, Maruti Suzuki and Wipro top gainers
Selling was seen in the midcap and smallcap stocks. Nifty midcap 100 index was down 375 points or 0.62 per cent at 60,089 and Nifty smallcap 100 index was down 104 points or 0.54 per cent at 19,252.
Ola Electric's stock tanks to its lowest as market analysts warn investors
Bhavish Aggarwal-run Ola Electric's stock tanked further to touch its lowest at Rs 103 apiece in the morning trade on Wednesday, amid repeated warnings by trade analysts for retail investors to wait for a more stable entry point.
Sensex trades flat, Power Grid and M&M top gainers
A mixed trend was seen in the midcap and smallcap stocks. Nifty midcap 100 index was down 200 points or 0.33 per cent at 60,650 and Nifty smallcap 100 index was up 34 points or 0.18 per cent at 19,473.
Gautam Adani, Bombardier CEO discuss ‘transformative partnerships' in aviation sector
Gautam Adani, Chairman of the Adani Group, has held a high-level meeting with Eric Martel, CEO of Bombardier, and deliberated on “transformative partnerships” in the aviation sector.
Sensex hits 85,000 for first time, Nifty trades at all-time high
At 9:48 a.m., Sensex was up 75 points or 0.09 per cent at 85,004 and Nifty was up 25 points or 0.09 per cent at 25,964. It was the first time the BSE's benchmark traded above 85,000.
No respite for troubled SpiceJet as NCLT issues notice over another insolvency plea
The National Company Law Tribunal (NCLT) on Monday issued a notice to embattled low-cost carrier SpiceJet over a petition by Techjockey Infotech Pvt Ltd, one of its operational creditors.
Ola Electric's share nosedives further, analysts warn investors to remain cautious
Bhavish Aggarwal-run Ola Electric shares nosedived further on Monday, as market analysts warned retail investors not to go bullish on the stock yet, owing to its speculative valuation amid rising competition.
Horticulture production in India pegged at 353.19 million tonnes in 2023-24: Centre
The horticulture production in the country is estimated to reach about 353.19 million tonnes in 28.98 million hectares area in 2023-24, the new government data showed on Saturday.
Sensex closes at all-time high, Nifty near 25,800
At closing, Sensex was up 1,359 points, or 1.63 per cent, at 84,544 and Nifty was up 375 points, or 1.48 per cent, at 25,790. Nifty Bank was up 755 points, or 1.42 per cent, at 53,793.
Adani Energy Solutions to see 20 pc CAGR revenue growth with over 100 pc upside for stock: Report
On the transmission front, AESL is working on nine additional projects that it expects to complete over the next 18-24 months. These projects will help drive operational revenue from Rs 4,045 crore in FY24 to Rs 7,000 crore in FY27, representing a CAGR of 20.7 per cent.
India sees 5.35 pc growth in exports at $328.86 billion in April-August
India’s total exports during the April-August period are estimated at $328.86 billion, registering a positive growth of 5.35 per cent, data by the Ministry of Commerce and Industry showed on Tuesday.
Sensex closes above 83,000; Bharti Airtel, NTPC top gainers
Indian equity indices closed with marginal gains as market investors shifted their focus to the US Federal Open Market Committee's policy meeting, starting later in the day on Tuesday.
India's wholesale price inflation eases to 4-month low of 1.31 pc in Aug
India's wholesale price inflation further eased to a four-month low of 1.31 per cent in the month of August, compared to 2.04 per cent in July, as fuel prices turned negative and food prices went down, the government said on Tuesday.
Sensex, Nifty close at all-time high, led by metal and auto shares
Buying was seen in the midcap and smallcap stocks. The Nifty Midcap 100 index was at 59,640, up 702 points or 1.19 per cent and the Nifty Smallcap 100 index was at 19,354, up 192 points or 1.01 per cent.
Sensex closes down by 398 points, Tata Motors and SBI top losers
At closing, Sensex was down 398 points, or 0.49 per cent, at 81,523 and Nifty was down 122 points, or 0.49 per cent, at 24,918. Selling was led by banking stocks. Nifty Bank was down by 262 points, or 0.51 per cent, at 51,010.