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Vodafone Idea shares jump 11% in anticipation of fundraise

Feb 23, 2024

New Delhi, Feb 23 (IANS) Vodafone Idea shares jumped more than 11 per cent on Friday after the company announced a board meeting to consider fundraising. Vodafone Idea shares were trading at Rs 18.11, up by 11.24 per cent.VIL needs a sizable fund-raise to increase capex for restricting its subscriber loss. VIL reported subscriber loss of 1.4mn MoM…

PM Modi to roll out Rs 600cr worth projects in Chhattisgarh to speed up coal evacuation

Feb 23, 2024

New Delhi, Feb 23 (IANS) In line with India’s commitment to strengthening energy security and furthering sustainable development, Prime Minister Narendra Modi is scheduled to virtually inaugurate three key first mile connectivity projects…

Business

Global rally in equities showing no signs of exhaustion

Feb 23, 2024

New Delhi, Feb 23 (IANS) Global bull run in equities led by the US market is showing no signs of exhaustion, says V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services.In the US, the rally is being led by the tech stocks.…

Business

Google Pay’s portable speaker SoundPod to be available for small merchants across India

Feb 23, 2024

New Delhi, Feb 22 (IANS) In a key development, Google Pay on Thursday announced that its portable speaker SoundPod will be available for small merchants across India over the coming months.Last year, the company introduced its SoundPod…

Business

Strong earnings report from Nvidia bolsters optimism on Wall Street

Feb 23, 2024

New York, Feb 22 (IANS) US stocks soared higher on Thursday after a strong earnings report from tech giant Nvidia bolstered investor optimism on Wall Street, a media report said.The blue-chip Dow Jones Industrial Average was up 278 points,…

Business

Number of stocks with over $1 bn M-cap nearly doubled to 500 since 2019

Feb 23, 2024

New Delhi, Feb 22 (IANS) The market depth in India has increased considerably over the last few years with the number of stocks with more than $1 billion market cap nearly doubling to 500. While the largest cap stocks (more than $50…

Business

Byju’s saga: Raveendran, Board members not to attend investors’ meet on Friday

Feb 23, 2024

New Delhi, Feb 22 (IANS) The battle between Byju's and investors intensified after the edtech major said on Thursday that the company's co-founder and CEO Byju Raveendran and Board members will not attend the extraordinary general meeting…

Business

Strong domestic fund flows mitigated impact of FII selling in last two months

Feb 23, 2024

New Delhi, Feb 22 (IANS) Strong economic growth, range-bound crude prices and strong DII flows have mitigated the impact of FII selling during the past two months, as per a report by Prabhudas Lilladher.BSE Smallcap and Midcap indexes have…

Business

Air India’s 737 MAX aircraft to be equipped with Collins’ advanced avionics

Feb 22, 2024

New Delhi, Feb 22 (IANS) RTX business Collins Aerospace has been selected by Air India for a full suite of avionics hardware catering to the airline's expanding Boeing 737 MAX fleet, an airline official said on Thursday.The deal was…

Business

IRCTC ties up with Swiggy Foods for meals on trains

Feb 22, 2024

New Delhi, Feb 22 (IANS) The Indian Railway Catering and Tourism Corporation (IRCTC) on Thursday announced that it has tied up with Swiggy Foods for the supply and delivery of pre-ordered meals to train passengers through IRCTC's e-catering…

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