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Saturday, April 13, 2024

Route Mobile public shareholders tender shares worth Rs 2,500 crore



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Friday, April 12, 2024

Beyond Tesla: Elon Musk, PM Modi to take up Starlink too

Tesla is not the only agenda when Elon Musk meets PM Narendra Modi, but figuring prominently in talks will be Starlink, the satellite communications business of his space company SpaceX. Musk's satellite internet venture has been trying for more than three years to get a licence in India, but has failed to pass govt scrutiny.

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Sensex falls 793 points as FPIs weigh Mauritius tax issue

Investor sentiment was impacted by tax treaty changes between India and Mauritius, leading to a 1.1% drop in Sensex. Nifty closed at 22,519. Various factors like US inflation, West Asia tensions, and FPI outflows contributed to market volatility. Foreign portfolio investors were net sellers at Rs 8,027 crore, which translates to nearly $1 billion from the stock market.

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Gold surges as Middle East tensions spur safe-haven rush



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Thursday, April 11, 2024

Standalone health insurance business grows 2x industry's pace

Standalone health insurance companies outpaced general insurance growth in FY24, with an annual premium of nearly Rs 2.9 lakh crore. They offered high-value policies and expanded coverage, while new players entered the health insurance market.

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Worst is behind us, we have stabilised operations: Vistara CEO

Vistara CEO Vinod Kannan stabilised operations after disruptions due to inhumane rostering. The airline faces challenges like ATC delays, bird hits, maintenance issues, and integration heartburn. Despite setbacks, Vistara aims to maintain brand reputation and customer satisfaction.

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French carmaker Citroën begins export of electric vehicle made in India



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US Federal Reserve meet today: Kevin Warsh-led FOMC keeps interest rates unchanged

The US Federal Reserve, which began its two-day policy meeting on Tuesday, was widely expected to leave its benchmark interest rate unchange...