Market News

Indian equity benchmarks on Tuesday traded higher in opening deals amid positive cues from the global markets.

India's largest PSU refiner Numaligarh Refinery Ltd (NRL) said a fake website has been created in its name through which money is being collected from candidates in the name of providing "jobs" in the company.

HDFC Bank on Monday said it has got banking sector regulator RBI's nod for the merger proposal of its parent HDFC Ltd with itself.

Indian used car start-up, CarzSo, became the first company in the industry to launch a showroom in Metaverse.

The government has barred hotels and restaurants from forcibly asking customers to pay a service charge by default as part of the food bill.

Buyers in the used car market are looking to upgrade to premium and luxury models, especially in the Rs. 25 lakh to Rs. 30 lakh bracket.

Edtech firm Byju's said on Monday that it has completed payment that was due for the acquisition of Aakash Educational Service and received majority of $800 million fund which it announced in March.

Indian equity benchmarks on Monday settled higher in volatile trade, halting a three-day losing run amid mixed cues from their Asian peers.

The windfall taxes imposed by the government on domestic crude oil production and fuel exports will hit ONGC's earnings severely while shaving off up to $12 per barrel in refining margins for Reliance Industries Ltd.

Bajaj Auto on Monday said it has commenced its Rs 2,500 share buyback programme.

India will only withdraw its windfall tax introduced last week for oil producers and refiners if global prices of crude fall as much as $40 a barrel from present levels, Revenue Secretary Tarun Bajaj told Reuters on Monday.

Indian equity benchmarks on Monday traded lower in opening deals, moving in tandem with their global peers.

Facebook-owner Meta Platforms Inc has cut plans to hire engineers by at least 30 per cent this year, CEO Mark Zuckerberg told employees on Thursday, as he warned them to brace for a deep economic downturn.

The US commodities regulator announced on Thursday it had filed civil charges against a South African man and his company for operating a fraudulent commodity pool worth over $1.7 billion in bitcoin.

Tether, the world's largest stablecoin, said on Friday it had cut its commercial paper holdings by around 58 per cent as part of an earlier commitment to reduce its exposure to riskier assets.

Indian equity benchmarks on Tuesday traded higher in opening deals amid positive cues from the global markets.

India's largest PSU refiner Numaligarh Refinery Ltd (NRL) said a fake website has been created in its name through which money is being collected from candidates in the name of providing "jobs" in the company.

HDFC Bank on Monday said it has got banking sector regulator RBI's nod for the merger proposal of its parent HDFC Ltd with itself.

Indian used car start-up, CarzSo, became the first company in the industry to launch a showroom in Metaverse.

The government has barred hotels and restaurants from forcibly asking customers to pay a service charge by default as part of the food bill.

Buyers in the used car market are looking to upgrade to premium and luxury models, especially in the Rs. 25 lakh to Rs. 30 lakh bracket.

Edtech firm Byju's said on Monday that it has completed payment that was due for the acquisition of Aakash Educational Service and received majority of $800 million fund which it announced in March.

Indian equity benchmarks on Monday settled higher in volatile trade, halting a three-day losing run amid mixed cues from their Asian peers.

The windfall taxes imposed by the government on domestic crude oil production and fuel exports will hit ONGC's earnings severely while shaving off up to $12 per barrel in refining margins for Reliance Industries Ltd.

Bajaj Auto on Monday said it has commenced its Rs 2,500 share buyback programme.

India will only withdraw its windfall tax introduced last week for oil producers and refiners if global prices of crude fall as much as $40 a barrel from present levels, Revenue Secretary Tarun Bajaj told Reuters on Monday.

Indian equity benchmarks on Monday traded lower in opening deals, moving in tandem with their global peers.

Facebook-owner Meta Platforms Inc has cut plans to hire engineers by at least 30 per cent this year, CEO Mark Zuckerberg told employees on Thursday, as he warned them to brace for a deep economic downturn.

The US commodities regulator announced on Thursday it had filed civil charges against a South African man and his company for operating a fraudulent commodity pool worth over $1.7 billion in bitcoin.

Tether, the world's largest stablecoin, said on Friday it had cut its commercial paper holdings by around 58 per cent as part of an earlier commitment to reduce its exposure to riskier assets.