New Delhi (IANS) Hero MotoCorp-backed electric vehicle (EV) company Ather Energy’s losses surged more than 2.5 times in the financial year 2022-23. The EV startup reported a loss of Rs 864.5 crore in FY23, against a loss of Rs 344.1 … read more
New Delhi (IANS) Bluestone, India’s leading omnichannel jewellery retailer, is set to secure Rs 550 crore ($65 million) funding, with Zerodha co-founder Nikhil Kamath contributing Rs 100 crore, media reports said on Saturday. According to the reports, Gaurav Singh Kushwaha, … read more
New Delhi (IANS) JP Morgan’s decision to include Indian government bonds in its widely tracked emerging market debt index indicates confidence in India’s potential, Chief Economic Adviser V. Ananth Nageswaran said on Friday. However, at the same time, he cautioned … read more
Mumbai (IANS) Domestic equities declined for the third straight day on Thursday after the US Fed’s hawkish stance in its policy meeting. Nifty continued its downward journey to close with a loss of 159 points (-0.8 per cent) at 19,742 levels, … read more
Mumbai (IANS) The domestic markets remained under pressure due to rising US bond yields and a stronger greenback, said Vinod Nair, Head of Research at Geojit Financial Services. While Sensex reported a loss of 796 points, or 1.18 per cent, … read more
New Delhi (IANS) The RBI is considering a proposal to bring the manufacturing of solar panels under priority sector lending by banks as part of the country’s big push to green energy in the fight against climate change. A senior … read more
New Delhi (IANS) The Central Board of Direct Taxes (CBDT) has extended the due date for furnishing audit reports in Form 10B/Form 10BB for the Financial Year 2022-23 by a month from September 30 to October 31. The due date … read more
New Delhi (IANS) Markets were on a roll last week and behaved on expected lines. On the very first day of the week, they took a giant leap and crossed Mount 20K on NIFTY. Thereafter the best performing midcap and … read more
New Delhi (IANS) ITI was the best performing small cap stock during the week in the Nifty 250 Small Cap Index with a gain of 57.9 per cent, as per a research by Nuvama Wealth Management. Brightcom Group was up … read more
New Delhi (IANS) The Indian technical consumer goods (TCG) market recorded an 8 per cent growth in value in the first half this year compared to the same period last year, according to a new report. While the telecom (smartphone/mobile … read more