NHAI identifies 33 highway stretches for monetisation
State-owned National Highways Authority of India (NHAI) has identified 33 highway stretches cumulatively spanning 2,741 kilometres to monetise during the current financial year through toll operate transfer (TOT) and infrastructure investment trust (InvIT) modes. The identified stretches include Lucknow-Aligarh, Kanpur-Ayodhya-Gorakhpur, and Bareilly-Sitapur in Uttar Pradesh, Gurugram-Kotputli-Jaipur bypass and Jaipur-Kishangarh in Rajasthan,...
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Nestle India mcap erodes by Rs 8,137.49 crore
19 April 2024 | PTI -
Rupee rises 6 paise to close at 83.55 against US dollar
19 April 2024 | PTI -
AI powered equity platform PineGap.Ai raises USD 2.5 million
19 April 2024 | PTI -
Moneyboxx AUM crosses Rs 720 crore in FY24
19 April 2024 | PTI -
Business brief
19 April 2024 | Agencies -
Just Dial shares zoom over 13 per cent
19 April 2024 | PTI -
Infosys profit jumps 30 per cent to Rs 7,969 crore in Q4
19 April 2024 | PTI
Electronics industry sees surge in hiring: Report
The electronics industry in the country has experienced sharp growth in hiring and skilling initiatives with a 154 per cent growth in overall hiring in March, compared to the same month last year, a report said on Thursday. The report also showed that the telecom sector topped in the hiring...
Markets extend downtrend
Equity benchmark indices Sensex and Nifty faced heavy volatility on Thursday and ended lower, taking their losing streak to the fourth straight session, dragged by bank stocks and foreign fund outflows. Concerns over fading rate cut hopes and persisting FII fund exodus from domestic equities also dampened investors' sentiment. The 30-share BSE...
Ambuja Cements shares climb nearly 4 pc; hit 52-week high on BSE
Shares of Ambuja Cements on Thursday climbed nearly 4 per cent after billionaire Gautam Adani's family infused an additional Rs 8,339 crore in the firm to help the cement maker's manufacturing capacity. The stock jumped 3.88 per cent to Rs 640.95 -- its 52-week high -- on the BSE. At the NSE,...
Markets rebound in early trade after three days of decline
Equity benchmark indices rebounded in early trade on Thursday after falling for the past three days amid a rally in Asian markets along with buying in index majors State Bank of India and Reliance Industries. The 30-share BSE Sensex climbed 310.82 points to 73,254.50 in early trade. The NSE Nifty went...
India not reaping benefits of democratic dividend: Raghuram Rajan
India is not reaping the benefits of democratic dividends, former RBI governor Raghuram Rajan said Tuesday, emphasizing that there is need to focus on improving the human capital and enhancing their skill sets. “I think we are in the midst of it (democratic dividend), but the problem is we are not...
Daimler India to foray into battery electric segment with new gen eCanter
Daimler India Commercial Vehicles on Wednesday said it plans to foray into the domestic battery electric segment with the launch of the all-electric next-generation light duty truck eCanter in the next 6-12 months. The all-new next-generation eCanter had its world premiere in Japan and Europe in the second half of 2022. “The...
Middle East conflict, US inflation, foreign fund outflows drag markets lower from record peaks
Global uncertainties, mainly escalating tensions between Iran and Israel, have led to a massive correction in the equity markets in the last three days after a record-shattering rally that saw the BSE Sensex crossing the historic 75,000 mark last week. Hotter-than-expected US inflation data fuelled concerns that the Federal Reserve will...