Indian Market News

TVS Motor Company has announced the completion of its acquisition of a 39.11% stake in DriveX Mobility, bringing its total ownership in the company to 87.38%. With this move, DriveX becomes a subsidiary of TVS Motor, marking a significant step in the

Mahanagar Telephone Nigam Ltd. (MTNL), a public sector telecom service provider, saw its shares climb by 4% during the morning trading session after its board approved a strategic plan aimed at reducing employee-related costs. Invest in Indian

Razorpay, India’s leading full-stack payments and banking platform for businesses, has marked its 10th anniversary by announcing a significant employee-centric initiative. The company is granting Employee Stock Ownership Plans (ESOPs) worth ₹100,

The Adani Group has announced its acquisition of Air Works, India’s largest private sector aviation Maintenance, Repair, and Overhaul (MRO) services company, for an enterprise value of ₹400 crore. This landmark deal, executed through Adani Defenc

India’s insurance sector witnessed a setback in FY24, with insurance penetration declining from 4% in FY23 to 3.7%, according to the Insurance Regulatory and Development Authority of India’s (IRDAI) latest annual report. Despite robust efforts by

Shares of Aurionpro Solutions climbed by as much as 4.17% to reach ₹1,803.95 on the BSE during Tuesday’s intraday trade. The surge in Aurionpro share price followed the company’s entry into the European market through its acquisition of Fenixys

Shares of Tata Investment Corporation (TICL) surged by 12% to ₹7,314 apiece on the NSE in early trade on Tuesday, December 12, amid reports that Tata Capital, a key subsidiary of the Tata Group, is preparing to launch a ₹15,000 crore IPO. The pro

Gold prices across India have witnessed a slight dip recently, reflecting a broader downward trend in the precious metal's value. On December 24, 2024, the gold rate continued to fluctuate, impacted by a range of factors, both domestic and internatio

The Union Budget 2025 is right around the corner, set for February 1—this time, on a Saturday. Normally, financial markets take the weekend off, but this year is different. The stock market will stay open, with equity trading running until 3:30 PM

Benchmark indices Nifty and Sensex closed the trading session on December 23 with firm gains, recovering from last week's steep sell-off. Heavyweights such as HDFC Bank, Reliance Industries, and ICICI Bank played a key role in the rebound after marke

Insurance stocks faced a sharp decline as the GST Council deferred its decision on reducing or exempting GST on health and life insurance premiums during its December 21 meeting. The move disappointed market participants, leading to a significant dro

The National Commodity and Derivatives Exchange Ltd. (NCDEX) announced the launch of options contracts on turmeric, coriander, and jeera futures, starting January 2, 2025. This move aims to enhance market participation and provide stakeholders with e