[ad_1] Zomato attributed the weaker numbers to increased investments. (AI image) Zomato share price: Shares of Zomato, an online food delivery and quick-commerce platform operator, have plunged over 30% since early December 2024 when they had surged to a record high. In 2024, Zomato shares surged as much as 145%.On Tuesday, Zomato shares plummeted by…
[ad_1] Budget 2025 Expectations Live: Expect continued focus on semiconductors “With the success of last year’s initiatives in the semiconductor and manufacturing sectors, we expect the upcoming Union Budget to further accelerate growth and innovation. The Indian government allocated ₹6,903 crore to the semiconductor industry in the 2024–25 Union Budget, reflecting a 52% increase from…
[ad_1] Market experts anticipate continued downward pressure in the immediate future due to varied quarterly performance and substantial FPI outflows. (AI image) Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, opened in green on Wednesday. While BSE Sensex was above 76,100, Nifty50 was near 23,100. At 9:19 AM, BSE Sensex was…
[ad_1] India’s GDP is projected to range between 6.5 per cent and 6.8 per cent for 2024–2025, according to Deloitte India’s latest Economic Outlook. The report further forecasts growth of 6.7 per cent to 7.3 per cent for the subsequent year.The multinational entity also highlighted the need for cautious optimism amid lingering uncertainties in the…
[ad_1] Stocks to buy today (AI image) Stock market recommendations: According to Mehul Kothari, DVP – Technical Research, Anand Rathi Shares and Stock Brokers, MedPlus Health Services, CCL Products, and IRCTC are the top stock picks for today:MEDPLUS: Buy above Rs 770 | Stop Loss: Rs 750 | Target: Rs 810The stock recently corrected from…
[ad_1] NEW DELHI: Gas consumption in India jumped 11% annually in 2024, leading to a spike in LNG (liquefied natural gas) imports for meeting rising demand across sectors — a development that is in line with govt’s low-carbon ambitions for the economy but also raises energy security vulnerability amid declining domestic production.While industries and oil…
[ad_1] Nazara Technologies announced on Monday its plans to secure Rs 495 crore through a 5.4% stake sale to Axana Estates, an entity established by the company’s current investors. The entity was formed by Arpit Khandelwal, who founded Plutus Wealth Management, and Mithun Sacheti, the co-founder of CaratLane. The funding, aimed to support Nazara’s strategic…
[ad_1] Sundar Pichai (left) and Satya Nadella BENGALURU: Microsoft CEO Satya Nadella and Alphabet CEO Sundar Pichai were named the most influential global Indians, with each garnering recognition from 56% of survey participants. This was part of the HSBC Hurun Global Indians List 2024.Following these tech leaders were Google Cloud CEO Thomas Kurian, who received…
[ad_1] MUMBAI: Macrotech Developers, a construction major promoted by Abhishek Lodha, has filed an intellectual property rights (IPR) suit before Bombay HC against his younger brother’s real estate company, the eponymous House of Abhinandan Lodha, seeking a stay on the use of ‘Lodha’ or a similar brand name to market properties.A single judge bench of…
[ad_1] NEW DELHI: The privatisation of FSNL, a subsidiary of MSTC, was completed on Tuesday with the transfer of 100% shares to Japan’s Konoike Transport Company along with management control, a govt official said. “A new board led by the strategic partner takes charge of FSNL,” said Dipam secretary on X. [ad_2] Source link
