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Business

Adani group stocks' combined mcap erodes by Rs 2.45 lakh cr; Adani Enterprises tanks 23 pc

Adani group stocks faced heavy drubbing during the morning trade on Thursday, with the combined market valuation of all the listed firms getting eroded by Rs 2.45 lakh crore, as billionaire Gautam Adani has been charged by US prosecutors over his role in an alleged years-long scheme to pay USD 250 million bribe to Indian officials in exchange for favourable terms for solar power contracts.


Sensex, Nifty rebound after days of downtrend

Mumbai: Equity benchmark indices Sensex and Nifty bounced back on Tuesday after days of downtrend on value-buying at lower levels and rally in blue-chip stocks HDFC Bank, Tech Mahindra and M&M.

 


LATEST HEADLINES

BJP trying to add illegal voters from outside in Bengal electoral rolls: Mamata


Sonia Gandhi discharged after recovery from infection


Woman's face smeared with black colour, paraded in Ranchi; 2 held


Iran attacks oil tanker near Dubai; Trump warns of strikes on energy sites if Hormuz remains shut


Udupi district set to be declared ‘fully literate’


Pressure on Pant as LSG begin IPL 2026 campaign against Delhi Capitals


3 traffic police personnel suspended for collecting money, keeping off body-worn cams


Assam polls: BJP manifesto promises Rs 5 lakh cr investment, protection of indigenous people


Telangana govt to set up dedicated agency to check food adulteration: CM Revanth Reddy


Inappropriate for MLAs seeking free IPL tickets, says D.K. Suresh


MBBS student dies by suicide after jumping from apartment in Mangaluru


Modi should leverage his ties with world leaders to de-escalate war in West Asia: Omar Abdullah




Swiggy IPO makes 500 employees 'crorepatis'; unlocks Rs 9,000 cr worth of ESOPs

New Delhi: Swiggy's much-anticipated stock market debut on Wednesday catapulted over 500 current and former employees to the "crorepati" club, with the food delivery and quick commerce major's listing poised to unlock Rs 9,000 crore in ESOPs for 5,000 staffers, people aware of the details said.

 

Elon Musk's Starlink has to comply with all rules for licence in India: Scindia

Elon Musk-owned Starlink will have to comply with all norms to get licence for services in India, Union telecom minister Jyotiraditya Scindia said on Tuesday.

 

Nestle, PepsiCo, Unilever sell less healthy products in India: Report

A recent report reveals that major food and beverage companies, including Nestle, PepsiCo, and Unilever, are selling less healthy products in low income countries such as India.

Apple sets record revenue in India, iPad sales soar in September quarter

Tech giant Apple has achieved an all-time revenue record in India, marking a double-digit growth in iPad sales during the September 2024 quarter, as reported by senior company officials. The company's total net sales globally grew by over 6% to $94.93 billion, up from $89.49 billion in the same period last year.

Johnson & Johnson’s $8.2 billion talc bankruptcy deal faces legal challenges in January trial

Johnson & Johnson’s attempt to resolve thousands of lawsuits over claims that its talc-based baby powder causes cancer now rests on a high-stakes trial set for January 2024. The case will determine whether the company’s $8.2 billion settlement plan, which J&J hopes will fast-track resolution through bankruptcy, will be approved by the court.

 

Bengaluru's unique Ad campaign by TILT cosmetics surprises locals

 A striking advertising campaign by Bengaluru-based TILT Cosmetics has captured the attention of city residents. Posters featuring the provocative message, "Rakesh, I know you are cheating on me with Shreya," were spotted across various locations, complete with a QR code and a warning stating, "I have the proof! The pictures don't lie."

Prabhakar Raghavan appointed Google’s chief technologist, receives ₹300 crore offer

Google has named Prabhakar Raghavan, a distinguished IIT Madras alumnus, as its new Chief Technologist. In a major career leap, Raghavan has accepted an impressive ₹300 crore offer, marking a high point in his career of over two decades.

Entire board walks out as 23andMe's CEO Anne Wojcicki stands firm amid turmoil

In a surprising turn of events, the entire board of directors at 23andMe, a DNA testing company based in San Francisco, resigned in September after a contentious month-long dispute regarding co-founder and CEO Anne Wojcicki's plans to take the company private. Following the mass resignations, Wojcicki, who holds 49.75% of the voting rights, is now the sole board member of the company.

 

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