Breaking
Loading breaking news...
Loading...
Northeast Herald Logo

Finance

Business and financial news

Truth has prevailed: Gautam Adani on SC's Adani-Hindenburg verdict

Truth has prevailed: Gautam Adani on SC's Adani-Hindenburg verdict

New Delhi/IBNS: "Truth has prevailed," said Indian billionaire industrialist Gautam Adani in his first reaction to the Supreme Court order, which denied transfer of probe into the allegations of fraud against the Adani Group of Companies from the Securities and Exchange Board of India (SEBI) to an alternate agency.

IBNSJan 03, 2024
Victory for Adani as Supreme Court rules out transferring SEBI probe in Hindenburg case; truth prevailed, says Gautam Adani

Victory for Adani as Supreme Court rules out transferring SEBI probe in Hindenburg case; truth prevailed, says Gautam Adani

In a big boost to the Adani group, the Supreme Court on Wednesday refused to interfere with the Indian securities market regulatory body Securities and Exchange Board of India (SEBI) after a clutch of petitions were filed seeking probe by alternative agency into allegations of fraud against Adani Group of companies in the Hindenburg Research report.

IBNSJan 03, 2024
BSE Sensex drops over 300 points

BSE Sensex drops over 300 points

The BSE Sensex on Wednesday lost further by 357.51 points to 71,534.97 in the opening session as selling was seen across the board.

IBNSJan 03, 2024
Rupee down 3 paise against USD

Rupee down 3 paise against USD

Mumbai/UNI: The rupee on Wednesday slipped three paise to 83.34 in the opening session on rising demand for the US dollar by bankers and importers, dealers at the Foreign Exchange said.

IBNSJan 03, 2024
Sensex drops by over 300 points

Sensex drops by over 300 points

Mumbai/UNI: The BSE Sensex on Wednesday lost further by 357.51 points to 71,534.97 in the opening session as selling was seen across the board.

IBNSJan 03, 2024
Hershey's appoints Luigi Miri as its India general manager

Hershey's appoints Luigi Miri as its India general manager

Mumbai: Confectionery firm The Hershey Company on Tuesday said that it has appointed Luigi Mirri as the General Manager for India, effective from January 1, media reported.

IBNSJan 03, 2024
Canara Bank unveils Data and Analytics Centre in Kerala's Kochi

Canara Bank unveils Data and Analytics Centre in Kerala's Kochi

Kochi: Canara Bank opened its new Data and Analytics Centre (DnA), equipped with state-of-the-art facilities to support innovation and collaboration.

IBNSJan 03, 2024
Centre committed to bolstering port infrastructure in all Lakshadweep islands: PM

Centre committed to bolstering port infrastructure in all Lakshadweep islands: PM

Lakshadweep: The Union Government is committed to developing port infrastructure facilities in all the islands of Lakshadweep, Prime Minister Narendra Modi said on Tuesday while noting that they are the lifeline of the archipelago.

IBNSJan 03, 2024
Bank of Baroda launches multipurpose NCMC RuPay Prepaid Card

Bank of Baroda launches multipurpose NCMC RuPay Prepaid Card

Mumbai: Public Sector Lender Bank of Baroda (Bank) Tuesday announced the launch of the National Common Mobility Card (NCMC) RuPay Reloadable Prepaid Card.

IBNSJan 03, 2024
Overall coal production touches 92.87 MT in December 2023: Coal Ministry

Overall coal production touches 92.87 MT in December 2023: Coal Ministry

New Delhi: India’s overall coal production during December 2023 reached 92.87 Million Tonne (MT), surpassing the figures of 83.86 MT, the previous year, representing an increase of 10.75%, the Ministry of Coal said.

IBNSJan 02, 2024
Tata Payments gets payment aggregator licence from RBI

Tata Payments gets payment aggregator licence from RBI

Mumbai: The Reserve Bank of India (RBI) has awarded payment aggregator (PA) licence to Tata Payments, media reported.

IBNSJan 02, 2024
RBI revises guidelines on dividend issue by banks

RBI revises guidelines on dividend issue by banks

Mumbai: The Reserve Bank of India (RBI) Tuesday conducted a review of the guidelines, eligibility criteria, and board oversight related to the declaration of dividends by banks.

IBNSJan 02, 2024
Adani-Hindenburg issue: Supreme Court to deliver verdict on petitions on Jan 3

Adani-Hindenburg issue: Supreme Court to deliver verdict on petitions on Jan 3

New Delhi: The Supreme Court is set to deliver its verdict on a string of petitions seeking a court-monitored investigation into allegations related to the Adani-Hindenburg issue on January 3, media reported.

IBNSJan 02, 2024
Adani-Hindenburg issue: Supreme Court to deliver verdict on petitions on Jan 3

Adani-Hindenburg issue: Supreme Court to deliver verdict on petitions on Jan 3

New Delhi: The Supreme Court is set to deliver its verdict on a string of petitions seeking a court-monitored investigation into allegations related to the Adani-Hindenburg issue on January 3, media reported.

IBNSJan 02, 2024
Sensex moves down 376.46 points

Sensex moves down 376.46 points

The BSE Sensex on Tuesday tanked 376.46 pts at 71,892.48 as selling was seen in Auto, Capital Goods and Realty stocks amid weak global cues.

IBNSJan 02, 2024
Adani Group hires urban planners and designers to redevelop Dharavi slum in Mumbai

Adani Group hires urban planners and designers to redevelop Dharavi slum in Mumbai

Mumbai/IBNS: Adani Group-led Dharavi Redevelopment Project Private Limited (DRPPL) has hired urban planners and designers to redevelop Mumbai's Dharavi locality, which is one of the world's largest slums, media reports said.

IBNSJan 02, 2024
Sensex drops 342.48 points during opening session

Sensex drops 342.48 points during opening session

The BSE Sensex on Tuesday dropped 342.48 points to 71,929.46 in the opening session as selling was seen across the board.

IBNSJan 02, 2024
Indian government planning to sell FCI rice under Bharat brand

Indian government planning to sell FCI rice under Bharat brand

To relieve the double-digit inflation in rice, the Indian government recently declared the sale of rice under the Bharat brand at Rs 25 per kilogram.

IBNSJan 01, 2024
Indian market marginally rises by 31.68 points to touch 72,271.94 on New Year's Day

Indian market marginally rises by 31.68 points to touch 72,271.94 on New Year's Day

The BSE Sensex on Monday rose marginally by 31.68 pts at 72,271.94 on the strength of Energy, Telecommunication and BSE services stocks.

IBNSJan 01, 2024
Ola Electric registers over 30k registrations in December

Ola Electric registers over 30k registrations in December

Ola Electric on Monday announced that it recorded 30,219 registrations in December and captured a 40 per cent market share in the EV 2W segment (as per VAHAN Portal).

IBNSJan 01, 2024
Gujarat witnessing 58 per cent spike in people applying for liquor permit on health ground

Gujarat witnessing 58 per cent spike in people applying for liquor permit on health ground

Gujarat's Prohibition and Excise Department has said the state is witnessing a spike of 58 percent in the past three years in the number of individuals obtaining liquor permits on health grounds.

IBNSDec 31, 2023
Deepika Padukone becomes Hyundai India's global brand ambassador

Deepika Padukone becomes Hyundai India's global brand ambassador

Mumbai/IBNS: Hyundai Motor India has roped in Bollywood superstar Deepika Padukone as its global brand ambassador, the South Korean automotive manufacturer company said on Friday.

IBNSDec 30, 2023
Sensex drops 170.12 points

Sensex drops 170.12 points

The BSE Sensex on Friday slipped 170.12 pts to close at 72,240.26 as selling was seen in oil and gas, IT, energy, and technology stocks.

IBNSDec 29, 2023
Bank of Baroda revises its Interest Rates upwards on Retail Term Deposits for various tenors

Bank of Baroda revises its Interest Rates upwards on Retail Term Deposits for various tenors

Bank of Baroda (Bank), one of India’s leading public sector banks, today announced an upward revision in the interest rates on Domestic Retail Term Deposits, including NRO Term Deposits, from 10 basis points to up to 125 basis points on various maturity buckets with effect from December 29, 2023.

IBNSDec 29, 2023
Rupee rises by 2 paise against USD

Rupee rises by 2 paise against USD

Mumbai/UNI: The Rupee on Friday moved up two paise at 83.15 in the opening session on selling of US Dollar by bankers and exporters, dealers at the Foreign Exchange said.

IBNSDec 29, 2023
Indian Market: Sensex falls over 100 pts

Indian Market: Sensex falls over 100 pts

The BSE Sensex on Friday fell 105.30 pts at 72,305.08 in opening session on profit booking by local operators.

IBNSDec 29, 2023
Kia India, Skoda Auto top service excellence rankings in automobile sector

Kia India, Skoda Auto top service excellence rankings in automobile sector

Bangaluru/UNI: Car-makers Kia India and Skoda Auto India emerged as leaders in the automobile sector for service excellence, according to an extensive pan-Indian study done by JAGSoM (Jagdish Sheth School of Management).

IBNSDec 29, 2023
Sensex closes life time high at 72,410.38 points

Sensex closes life time high at 72,410.38 points

Mumbai/UNI: The record-breaking spree continued on Thursday too, as the BSE Sensex registered a huge gain of 371.95 pts to close at 72,410.38, tracking the global market amid strong buying in metal, auto, and bankex stocks.

IBNSDec 28, 2023
Zomato says 'not liable' to pay any tax on delivery charges in response to GST notice

Zomato says 'not liable' to pay any tax on delivery charges in response to GST notice

Food delivery giant Zomato has said it is "not liable" to pay any tax on delivery charges responding to a notice served by the Directorate General of Goods and Services Tax Intelligence (DGGI).

IBNSDec 28, 2023
Sensex opens new high at 72,323.12 points

Sensex opens new high at 72,323.12 points

Mumbai/UNI: Surpassing its previous records, the BSE Sensex opened at a new peak at 72,323.12, up 284.69 points, supported by a global rally anticipating the US Central Bank would start cutting rates next March.

IBNSDec 28, 2023

Stay Updated

Get the latest news delivered to your inbox

Follow Us

Connect with us on social media