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Business

Sensex nosedives over 1,400 pts in early trade; Nifty tests 14,400

Equity benchmark Sensex plummeted over 1,400 points in early trade on Monday, tracking losses in index-heavyweights HDFC twins, ICICI Bank and Reliance Industries as spiking COVID-19 cases in the country spooked investors amid negative cues from global markets.


Alibaba fined USD 2.8 billion on monopoly charge in China

Chinese regulators have fined giant e-commerce giant Alibaba USD 2.8 billion on charges of violating anti-monopoly rules.


LATEST HEADLINES

US rules out use of nuclear weapons against Iran


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RR amass 150/3 against MI in rain-truncated game


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Two killed as bus hits motorbike


Odisha: Two girls drown while bathing in village pond


Bengaluru: CCB police busts black marketing of IPL tickets, 11 arrested


Unreserved vacancies for candidates with disabilities open for all categories: SC


Bengal polls: Mamata Banerjee backs Jyotipriya Mallick as TMC's candidate from Habra


Trump warns ‘whole civilisation will die tonight''




Mukesh Ambani is Asia's richest person again, overtakes Chinese billionaire Jack Ma: Forbes

New York: India has the third highest number of billionaires in the world after the US and China, according to a new list by the prestigious Forbes magazine, which said Reliance Industries Chairman Mukesh Ambani reclaimed his spot as Asia's richest person, dethroning Chinese business tycoon Jack Ma who was the richest person in the region a year ago.

Highlights of RBI monetary policy announcements

New Delhi: Following are the highlights of RBI's monetary policy for 2021-22:

Sensex tanks over 400 pts in early trade; Nifty drops below 14,800

Equity benchmark Sensex tumbled over 400 points in early trade on Monday, dragged by losses in index majors HDFC twins, ICICI Bank and Reliance Industries despite a positive trend in global markets.

Muthoot Finance chairman MG George died after falling from fourth floor

New Delhi: M G George Muthoot, largely credited for making the Muthoot Finance a pan-India and the largest gold loan NBFC, passed away on Friday evening in a freak incidence of falling from the fourth floor of his house.

 

Budget impact: Sensex soars over 750 pts; Nifty tops 14,500

Mumbai, Feb 2: The Sensex zoomed over 750 points and the Nifty crossed the key 14,500-level in the opening session on Tuesday, a day after the Union Budget which outlined a slew of measures to pull the economy out of the pandemic-induced slump.

 

Tiktok to shut down India business

New Delhi, Jan 27: Chinese social media firm Bytedance, which owns Tiktok and Helo apps, has announced the closure of its India business following continued restrictions on its services in the country.

RPL case: Sebi fines Reliance Industries, Mukesh Ambani, two other entities

Regulator Sebi on Friday imposed penalties on Reliance Industries Ltd, its Chairman and Managing Director Mukesh Ambani as well as two other entities for alleged manipulative trading in the shares of erstwhile Reliance Petroleum Ltd (RPL) back in November 2007.

Lockdown impact; Automotive industry suffered Rs 2,300 cr loss per day, 3.45 lc job loss: Par panel

New Delhi: In the wake of the COVID-19 pandemic and subsequent lockdowns, the automotive industry suffered Rs 2,300 loss crore per day and an estimated job loss in the sector was about 3.45 lakh, according to a parliamentary panel report submitted to Rajya Sabha Chairman M Venkaiah Naidu on Tuesday.

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