Market participants this week will initially respond to Maharashtra and Jharkhand election results. (AI image) Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, rallied strongly in opening trade on Monday. While BSE Sensex climbed over 1,100 points, Nifty50 was above 24,250. At 9:17 AM, BSE Sensex was trading at 80,272.34, up…
Bitcoin steadied after a rally toward $100,000 fizzled just shy of the historic level, as traders assess whether optimism stemming from President-elect Donald Trump’s support for crypto is becoming stretched.The digital asset fell as low as $95,776 on Sunday after coming within $300 of the six-figure milestone on Friday. It rebounded to change hands at…
MUMBAI: Can all Indians have seamless access to healthcare regardless of location or socio-economic status by 2047? A report by consulting firm BCG and TPA Medi Assist says it is possible with the a tiered approach that taps health data and AI.According to the report, the population needs to be categorised into emerging, middle, and…
CHENNAI: Investments by private equity – venture capital (PE-VC) companies could be the lowest in CY2024 when compared with the past six years. With just over a month left in the current calendar year, it is unlikely to touch the PE-VC investment value of last year (2023) at $32.8 billion. The PE-VC investments this year…
NEW DELHI: Government is pitching roads, renewables and rapid transit projects for development under the India-UK investment bridge and is willing to tailor the design based on feedback so that there is greater participation from global investors.Representatives from the City of London Corporation, officials from Niti Aayog and other ministries and companies from the UK…
Foreign portfolio investors (FPIs) have pulled out Rs 26,533 crore from the Indian equity market in Nov so far, owing to increasing allocations to China, concerns over muted Q2 earnings and elevated valuation of stocks. IPL 2025 mega auction IPL Auction 2025: Who got whom IPL 2025 Auction: Updated Full Team Squads Ready to Master…
Sandhya Devanathan has spent almost two years in India as head of American social media giant Meta. The period has seen the company expand its business while growing consumer engagement across all its platforms – Facebook, Instagram, and WhatsApp. But amidst this fast-paced growth, the company has also faced severe regulatory challenges. The latest being…
MUMBAI: The US bribery charges against Adani Group relate to a single contract within Adani Green Energy, constituting approximately 10% of its operations, said Adani Group CFO Jugeshinder Robbie Singh on Saturday. Singh emphasised that no other companies within the broader Adani conglomerate are facing allegations of improper conduct. He, however, acknowledged that while the…
NEW DELHI: Days after filing a lawsuit in a New York court, the Securities & Exchange Commission has issued summons to Adani Group founder and chairman Gautam Adani and his nephew Sagar Adani, executive director of Adani Green, in a bribery case.“Within 21 days after service of this summons on you…you must serve on the…
Gautam Adani and seven other defendants allegedly consented to pay approximately $265 million in bribes. Gautam Adani, the founder and chairman of Adani group, along with his nephew Sagar Adani, have received summons regarding the US Securities and Exchange Commission’s (SEC) claims about paying $265 million (Rs 2,200 crore) in bribes for obtaining profitable solar…
