Hyundai Motor India made its stock market debut today, October 22, with shares listed at ₹1,931 on the Bombay Stock Exchange (BSE) and ₹1,934 on the National Stock Exchange (NSE). Both prices reflect discounts of 1.32% and 1.48%, respectively, from the IPO price of ₹1,960. The initial public offering (IPO), conducted from October 15 to … Read more
Adar Poonawalla-led Serene Productions has announced a significant investment of ₹1,000 crore into Karan Johar’s Dharma Productions and Dharmatic Entertainment. This partnership grants Serene a 50% stake, while Johar retains the other half, with him serving as executive chairman. The collaboration aims to revolutionize content creation, distribution, and audience engagement by integrating advanced technologies and … Read more
In a significant development for cricket fans, the streaming rights for IPL 2025 will move from JioCinema to Disney+ Hotstar. This change follows the merger between Reliance Industries and Disney, valued at approximately ₹71,455 crores ($8.5 billion), finalized in February 2024. The merger integrates 120 TV channels and both streaming platforms. Reports indicate that all … Read more
Byju Raveendran, founder of the bankrupt edtech giant Byju’s, announced plans to launch a new edtech venture upon his return to India from Dubai, promising to operate “at half the cost.” In a recent call with journalists, Raveendran described this as an effort to relaunch and revive the brand, expressing his commitment to the edtech … Read more
Shares of DLF Ltd. were trading at Rs 868.1 on the Bombay Stock Exchange (BSE) at 11:40 AM (IST) on Wednesday, reflecting a decline of 0.81% from the previous close. The stock has seen a 52-week low of Rs 513.55 and a high of Rs 967.0. Currently, it is trading at a price-to-earnings (P/E) ratio … Read more
The Union Cabinet has approved a 3% increase in Dearness Allowance (DA) for central government employees, bringing the total to 53%, as reported by NDTV on October 16. This timely adjustment is expected to benefit over one crore central government employees and pensioners. In addition to the salary increase, employees may also receive arrears, providing … Read more
On Monday, the Indian stock market opened on a positive note, with the BSE Sensex trading near the 82,000 level and the Nifty50 approaching 25,000. At 9:20 AM, the BSE Sensex stood at 81,968.13, up 280 points or 0.34%. Similarly, the Nifty50 was at 25,099.75, gaining 85 points or 0.34%. Investors are optimistic as the … Read more
IndiGo is currently experiencing a temporary “system slowdown” affecting its website and booking system, leading to longer wait times and slower check-ins at airports. The disruption began around 12:30 PM on Saturday, causing significant operational challenges across its network. Many passengers have reported being unable to board flights or book tickets, resulting in considerable delays … Read more
Actor Rhea Chakraborty, comedian Bharti Singh, and YouTuber Elvish Yadav are under investigation for their involvement in the HiBox mobile app scam, which reportedly defrauded over 30,000 investors of ₹500 crore. The app promised daily returns of 1 to 5 percent but started withholding payments after June. Following over 500 complaints, police arrested main accused … Read more
The Indian stock market experienced a significant crash on Thursday, with the BSE Sensex dropping over 1,700 points to trade at 82,584.35, down 2%. Nifty50 fell below 25,300, reaching 25,285.05, a decline of nearly 2%. The downturn reflects concerns among investors following escalating conflicts in the Middle East, particularly after Iran launched ballistic missiles at … Read more