Share Market

The Income Tax Department has notified new angel tax rules that comprise a mechanism to evaluate the shares issued by unlisted startups to investors.

India's Ola Electric plans to file regulatory papers for its up to $700 million (roughly Rs. 5,815 crore) IPO before the end of October as the e-scooter maker fast-tracks its listing move, three people with direct knowledge said. Backed by investors including Singapore's Temasek and Japan's SoftBank, Ola Electric was valued at $5.4 billion (roughly...

Budget carrier Akasa Air is flying less and will give up market share in the short term to ensure it runs a reliable operation after some pilots quit the airline, CEO Vinay Dube told employees in an email late on Tuesday.

India's competition watchdog is investigating Pernod Ricard for allegedly colluding with some retailers in a southern state to hurt competitors, regulatory documents showed, the latest challenge for the French drinks giant in a key market.

India's benchmarks hit new record highs for the second consecutive session on Friday, tracking Asian peers, as stronger-than-expected macroeconomic data from China and easing US rate concerns aided sentiment.

Cellular Operators Association of India Director General S P Kochhar on Thursday made a case for sharing profit between OTT players and telecom companies for using 5G networks. "While telcos carry their traffic of voice and data, majority of the use of these networks is done by OTT players who load these networks with massive amounts of data which...

Chip designer Arm Holdings secured a $54.5 billion (roughly Rs. 4,52,137 crore) valuation in its US initial public offering (IPO) on Wednesday, seven years after its owner SoftBank Group took the company private for $32 billion (roughly Rs. 2,65,475 crore).

Google argued on Tuesday the US was wrong to say the search and advertising giant broke the law to hold onto its massive market share, noting its search engine was wildly popular because of its quality and that dissatisfied users could switch with "a few easy clicks."

Equity benchmark indices continued their winning momentum on Tuesday early trade, climbing for the eighth day running, with the Nifty scaling its fresh all-time high level.

Benchmark Sensex jumped by 528 points to regain the 67,000 level while Nifty scaled the record 20,000 mark for the first time as robust buying by domestic investors helped equity markets extend the winning run to the seventh straight session on Monday.

Equity benchmark indices extended their rally for the seventh day running on Monday as investors continued to remain optimistic about the domestic markets.

Adani Group's total market capitalisation surpassed the Rs 11 trillion mark on Friday, underpinned by consistent value buying from both domestic and international investors.

Shares of SpiceJet were in heavy demand today and jumped 20 per cent to hit the upper circuit limit.

United's owners, the Glazer family, have reportedly taken the club off the market after failing to attract an offer that meets their asking price.

A day after the Adani Group rejected the OCCRP (Organised Crime and Corruption Reporting Project) report, Adani Group shares recovered from intraday lows and traded in the green.

The Income Tax Department has notified new angel tax rules that comprise a mechanism to evaluate the shares issued by unlisted startups to investors.

India's Ola Electric plans to file regulatory papers for its up to $700 million (roughly Rs. 5,815 crore) IPO before the end of October as the e-scooter maker fast-tracks its listing move, three people with direct knowledge said. Backed by investors including Singapore's Temasek and Japan's SoftBank, Ola Electric was valued at $5.4 billion (roughly...

Budget carrier Akasa Air is flying less and will give up market share in the short term to ensure it runs a reliable operation after some pilots quit the airline, CEO Vinay Dube told employees in an email late on Tuesday.

India's competition watchdog is investigating Pernod Ricard for allegedly colluding with some retailers in a southern state to hurt competitors, regulatory documents showed, the latest challenge for the French drinks giant in a key market.

India's benchmarks hit new record highs for the second consecutive session on Friday, tracking Asian peers, as stronger-than-expected macroeconomic data from China and easing US rate concerns aided sentiment.

Cellular Operators Association of India Director General S P Kochhar on Thursday made a case for sharing profit between OTT players and telecom companies for using 5G networks. "While telcos carry their traffic of voice and data, majority of the use of these networks is done by OTT players who load these networks with massive amounts of data which...

Chip designer Arm Holdings secured a $54.5 billion (roughly Rs. 4,52,137 crore) valuation in its US initial public offering (IPO) on Wednesday, seven years after its owner SoftBank Group took the company private for $32 billion (roughly Rs. 2,65,475 crore).

Google argued on Tuesday the US was wrong to say the search and advertising giant broke the law to hold onto its massive market share, noting its search engine was wildly popular because of its quality and that dissatisfied users could switch with "a few easy clicks."

Equity benchmark indices continued their winning momentum on Tuesday early trade, climbing for the eighth day running, with the Nifty scaling its fresh all-time high level.

Benchmark Sensex jumped by 528 points to regain the 67,000 level while Nifty scaled the record 20,000 mark for the first time as robust buying by domestic investors helped equity markets extend the winning run to the seventh straight session on Monday.

Equity benchmark indices extended their rally for the seventh day running on Monday as investors continued to remain optimistic about the domestic markets.

Adani Group's total market capitalisation surpassed the Rs 11 trillion mark on Friday, underpinned by consistent value buying from both domestic and international investors.

Shares of SpiceJet were in heavy demand today and jumped 20 per cent to hit the upper circuit limit.

United's owners, the Glazer family, have reportedly taken the club off the market after failing to attract an offer that meets their asking price.

A day after the Adani Group rejected the OCCRP (Organised Crime and Corruption Reporting Project) report, Adani Group shares recovered from intraday lows and traded in the green.