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Indian stock market opens flat, realty stocks shine

Nov 28, 2024

Mumbai, Nov 28 (IANS) The Indian stock market opened flat on Thursday as buying was seen in the realty sector in early trade.At around 09:39 am, the Sensex was trading at 80,194.06 after falling 40.02 points or 0.05 per cent, while the Nifty was trading at 24,277.25 after rising 2.35 points or 0.01 per cent.The market trend remained positive. On…

Samsung SDI names Choi Joo-sun as new CEO amid reshuffle

Nov 28, 2024

Seoul, Nov 28 (IANS) Samsung SDI, a battery and electronic materials manufacturing unit under Samsung Group, said on Thursday it has appointed Choi Joo-sun, head of Samsung Display, as its new CEO as part of the group's leadership…

Business

South Korea makes surprise rate cut for 2nd session

Nov 28, 2024

Seoul, Nov 28 (IANS) South Korea's central bank slashed its benchmark interest rate for a second consecutive session on Thursday in a clear indication of its policy focus on reviving economic growth momentum amid slowing exports and…

Business

Sales under telecom PLI reach Rs 65,320 crore, exports at Rs 12,384 crore: Centre

Nov 27, 2024

New Delhi, Nov 27 (IANS) The production-linked incentive (PLI) scheme for telecom and networking products has seen 42 applicant companies (including 28 MSMEs) with a cumulative investment of Rs 3,925 crore and exports reaching Rs 12,384…

Business

E-auction of two more critical mineral blocks completed

Nov 27, 2024

New Delhi, Nov 27 (IANS) The Ministry of Mines has successfully completed the e-auction of another two mineral blocks under tranche IV of critical & strategic mineral blocks, according to a statement issued on Wednesday. These blocks…

Business

Adani Portfolio stocks rally up to 20 pc, Group adds Rs 1.25 lakh crore to its market cap

Nov 27, 2024

Mumbai, Nov 27 (IANS) The Adani Group saw a stupendous rise in its market capitalisation on Wednesday, adding nearly Rs 1.25 lakh crore to its value, as shares of its portfolio of companies rallied by up to 20 per cent, led by Adani Power…

Business

Sensex ends in green, Adani Ports top gainer

Nov 27, 2024

Mumbai, Nov 27 (IANS) The Indian stock market ended in green on Wednesday as buying was seen in the energy, commodities, and the PSE sectors.The stock of all Adani Portfolio companies gained on the indices.Adani Power shares closed at Rs…

Business

Cars24’s net loss grows 6.4 pc to Rs 498 crore in FY24

Nov 27, 2024

New Delhi, Nov 27 (IANS) Online pre-owned car retailer platform Cars24 has reported a loss of Rs 498 crore in the last financial year (FY24), compared to Rs 468 crore in FY23, which is a 6.4 per cent increase.The company's expenses saw 23.3…

Business

Charge sheet completely silent, lacks details: Mukul Rohatgi slams ‘vague’ US indictment

Nov 27, 2024

New Delhi, Nov 27 (IANS) Former Attorney General and Senior Counsel Mukul Rohatgi on Wednesday criticised the indictment by a US court alleging bribery charges against the Adani Group, describing it as "completely silent" and lacking…

Business

Hyundai Motor to buy back $716 million in shares to enhance shareholder value

Nov 27, 2024

Seoul, Nov 27 (IANS) Hyundai Motor said on Wednesday it will buy back 1 trillion won ($716 million) worth of its own shares as part of efforts to boost its shareholder value.In the buyback plan approved by the board of directors, Hyundai…

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