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28 January 2023            
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Front Page
Adani stock rout roils markets; Sensex falls 874 pts, Nifty ends at 17,600

Group loses $50 bn in m-cap in two sessions; Contagion fear drags market, banking stocks

Cloud over Adani Enterprises FPO as stock dips 11-15% below offer

Offer garners just 1% subscription on opening day, with bids worth just Rs 150 cr vs Rs 14,908 cr on offer

Worst over for global economy, 'softer recession' likely: RBI governor

There is a need to improve retail access to markets, particularly gilts and derivatives, he says

Premium Content PSE dividends likely to cross govt's target for first time in 8 years

The government has so far garnered Rs 36,835 crore, which is 92 per cent of the Budget estimate of Rs 40,000 crore

Premium Content India Inc looks to plug into EV-charging infrastructure at work

Logistics player FedEx is converting its parcel pickup and delivery fleet into zero-emission vehicles by 2040

Govt set to invite EoIs for Rs 41k-cr Great Nicobar Port on Saturday

Ambitious Rs 41k-cr transhipment terminal plan mired by environmental concerns

10-year bond yield at highest since November on Budget 2023 jitters

Last auction before Budget sees weak demand; market fears large borrowing in FY24

As market capitalisation takes a beating, Adani group slips to No. 3

Total m-cap lowest since March 2022 after 2-day decline

Premium Content A structural problem? FCI corruption case offers food for thought

Evidence of corruption unearthed at the government's key foodgrain procurement agency raises questions about whether the problem is systemic or ...

Premium Content Burgeronomics: Big Mac index suggests rupee is undervalued by over 40%

A burger in India costs considerably less than peer economies

Companies
BYD India bullish on evolution of passenger electric vehicles market

BYD India has an assembling plant in Chennai

Aditya Birla Sun Life AMC Q3 profit after tax declines 11% to Rs 166 crore

Aditya Birla Sun Life AMC on Friday reported an 11 per cent decline in profit after tax (PAT) to Rs 166.3 crore for three months ended December ...

Tube Investments arm buys e-tractor startup Cellestial E-Mobility

Acquirer was already holding 69.96% of Cellestial. On Friday, it signed a deal to buy the balance 30.04% for Rs 50.90 cr

Bharti Airtel rolls out 5G services in seven cities of Jammu and Kashmir

Telecom operator Bharti Airtel on Friday announced the launch of its 5G services in Samba, Kathua, Udhampur, Akhnoor, Kupwara, Lakhanpur and ...

» Read More Stories in Companies
Economy & Policy
Delhi govt approves projects worth Rs 12 cr to strengthen road infra

Sisodia has directed the concerned officials to complete the work in the stipulated time and ensure that no inconvenience is caused to the ...

Indian refiners' crude oil processing in December rises 4% y/y: Govt data

India's Bharat Petroleum Corp plans to shut its multiple refineries for maintenance in the coming months

Govt clears 15 R&D projects worth around Rs 32.25 cr in key strategic areas

The 5th Mission Steering Group chaired by Union minister Piyush Goyal on Friday cleared 15 R&D projects worth around Rs 32.25 crore in key ...

Maharashtra sugar mills likely to shut early as rain hits cane supply

Maharashtra, which accounts for more than a third of the country's sugar output, could produce 12.8 million tonnes of sugar in the 2022/23 ...

» Read More Stories in Economy & Policy
Markets
BSE 52-WEEK HIGH
Company Price (Rs) Change (%)
BSE TOP GAINERS
Company Price (Rs) Change (%)
Tata Motors 445.55 6.34
Bajaj Auto 3937.70 5.93
BSE 52-WEEK LOW
Company Price (Rs) Change (%)
ACC 1884.05 -13.04
Adani Green 1484.50 -19.99
BSE TOP LOSERS
Company Price (Rs) Change (%)
Adani Total Gas 2934.55 -20.00
Adani Transmissi 2009.70 -19.99
Budget blues: Nifty set for worst run, falls 2.8% in past 3 sessions

The benchmark index is on course for its worst five-day show since the Covid pandemic began in 2020

Sebi bans 24 entities from for three years in Sulabh Engineers matter

Sebi on Friday barred 24 entities from the securities markets for three years for indulging in the manipulation of the stock price of Sulabh ...

Premium Content Street positive on SBI Cards despite Q3 miss, on strong growth expectations

Analysts believe the company will be able to shift a larger part of the receivable mix towards EMI payments, which should help stabilise NIM

Edelweiss Mutual Fund launches India's first passive short-duration fund

This is the first passive offering in the short-duration space

» Read More Stories in Markets
Opinion
Premium Content Hindenburg flames again: Can Adani repeat what Dhirubhai did in the 80s?

The last time a bear attack was launched on a businessman gaining prominence rapidly was in the early 1980s when a cabal of brokers took on "an ...

Premium Content The case for baby RBIs

Despite its admirable competence and proven track record, the Reserve Bank of India doesn't have the capacity to supervise an economy that's ...

Premium Content The Last of Us: How real is the threat?

The brain-controlling fungal pandemic in HBO's post-apocalyptic thriller is not fiction. It just doesn't affect humans

Premium Content Hindenburg's hydrogen connection

It is ironic that a research outfit that has accused the Adani group of financial manipulation is named after a disaster that continues to haunt ...

» Read More Stories in Opinion
Finance
Bank credit growth rises to 16.5% to Rs 132.81 trillion in Jan 13 fortnight

Deposit growth has gathered pace to 10.6%

Insurance body GIC opposes govt nominee in life and non-life councils

Says both umbrella bodies are self-regulated and don't depend on funds from finance ministry; govt nominees may hamper their autonomy

» Read More Stories in Finance
Technology
Meta-owned WhatsApp working on new software that uses Apple Mac Catalyst

Electron and Catalyst are software development frameworks that help developers create desktop apps

» Read More Stories in Technology
PF
Premium Content Watch out for mark-up on the exchange rate when remitting money

Go with a player that states both the exchange rate and the transaction fee transparently

» Read More Stories in PF
Beyond Business
Premium Content A robust brew

Author shows how the history of coffee is intertwined with histories of colonisation, indentured labour, war, migration, and destruction of ...

» Read More Stories in Beyond Business
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