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As the Sensex and Nifty-50 traded at an all time high on Wednesday before some profit taking, further profit taking could continue on Friday and may well set a reversal after sharp gains in the first half of August. Representational Image. (Twitter)

Sensex crosses 58000 on multiple positive cues

The rise was witnessed across market cap sizes and sectors, though the uptick in mid-caps and small-caps was a bit muted

4 Sept 2021 8:01 AM IST

Indian services sector activity returned to its growth track in March, driven by greater inflows of new work.

Services PMI leaps back to expansion zone

August data pointed to a renewed increase in private sector activity across India, ending a three-month period of...

4 Sept 2021 7:58 AM IST

The acquisition at 2.5 times the embedded value (of Exide Life) is still 30-35 per cent cheaper than what other listed life insurers are trading at, Padalkar said. Representational image/Twitter

HDFC Life to take over Exide LIfe for Rs 6.7K cr

Once the share issue happens, Exide Industries will be on-boarded as shareholder in HDFC Life and will have 4.1% stake...

4 Sept 2021 7:56 AM IST

Refrigerators and washing machines may pick up by end-September on account of channel inventory build-up. Representational Image (Twitter)

Onam sales fail to cheer consumer durable-makers

Onam is important for consumer durable companies, as usually it is an indicator of the festive season sales

3 Sept 2021 3:25 AM IST

Online retail store Zilingo is the most valuable gazelle and online furniture platform Pepperfry is the most valuable cheetah. (Twitter)

32 start-ups to turn unicorns in two years

India is currently home to 51 unicorns worth $168 billion

3 Sept 2021 2:53 AM IST

Foreign portfolio inves-tors were net buyers of equities worth Rs 348.52 crore. Representational Image. (PTI)

Sensex, Nifty move Higher

The Sensex closed 514 points or 0.90 per cent up at 57,852 while Nifty-50 gained 157.90 points or 0.92 per cent to close

3 Sept 2021 2:12 AM IST

Britains economy shrank by one fifth in the second quarter, more than any European neighbour, as the lockdown plunged the country into its deepest recession on record. Amazon, which has already created 3,000 new permanent UK roles this year, said it will offer more than 20,000 seasonal positions across the country ahead of the festive period. (Photo | AFP)

Amazon to hire 55,000 IT professionals globally, job fair starts...

Already the second-biggest private employer in the United States, Amazon brought on more than 500,000 people in 2020

1 Sept 2021 8:17 PM IST

Though the GDP numbers grew with low base effect, there are also other significant reasons which suggest a recovery in the economy. (Twitter)

Sign of recovery? GDP sees rise of 20 per cent in April-June

Briefing to the media about the GDP numbers, chief economic adviser KV Subramanian said that the data is an indicative...

1 Sept 2021 6:53 AM IST

The initiative is a part of ICICI Prudentials commitment to innovate and aid investors with paperless transaction journey.

Market yet to factor in below normal monsoon

As per the Indian Meteorological Department data 33 per cent or 230 of 694 districts have received deficient rainfall so...

30 Aug 2021 9:30 AM IST

Global issues and tensions are expected to figure on the agenda for the 15th India-European Union (EU) Virtual (video-conference) Summit on Wednesday. (Photo- Twitter)

FTAs with UAE, UK, Oz likely this fiscal

FTA negotiations with the European Union and Bangladesh also are progressing, but may take some more time for getting...

30 Aug 2021 9:27 AM IST

A Tesla factory to produce cars in India is quite likely if the electric automaker can first begin sales with imported vehicles, Chief Executive Officer Elon Musk said in July. (Bloomberg)

Tesla in talks with Indian firms for parts: Reports

The company is seeking critical electrical, electronic and mechanical components

29 Aug 2021 2:22 PM IST

Patent expiry allows the generic drugs to penetrate in the market and diversify product offerings. Representational Image. (PTI)

Huge Patent opportunity to support pharma sector

Over the next five-six years till 2026, the patented products worth $240 billion are expected to go off-patent

28 Aug 2021 3:19 AM IST