In another company development, One 97 Communications Ltd also approved a comprehensive internal restructuring plan to bring several of its financial and technology subsidiaries under direct ownership One 97 Communications Ltd, the parent company of Paytm, has approved the transfer of its offline merchant payments business to its wholly owned subsidiary, Paytm Payments Services Ltd…
Aksha Kamboj, Vice President, India Bullion & Jewellers Association (IBJA) and Executive Chairperson, Aspect Global Ventures, believes that the bullion is likely to witness further volatility ahead of festive season. Gold price continues to see bull run on Tuesday driven by rising concerns over US tariffs and expectations of additional rate cuts by the…
Washington is prepared to respond forcefully if Beijing does not reverse course, says Scott Bessent US Treasury Secretary Scott Bessent has warned that Washington and its allies will not allow Beijing to proceed unchecked with its new export restrictions on rare earth materials, calling it a direct challenge to the global supply chain. He described…
LG Electronics IPO has received the highest-ever bids of ₹4.4 trillion, eclipsing the previous record held by Bajaj Housing Finance. Check share allotment status, latest GMP, tentative listing date LG Electronics IPO allotment status: Investors on Dalal Street are awaiting the basis of allotment for shares of LG Electronics India Ltd, the appliance major…
Seeking to further their utilisation of railways for transportation, State-owned miner Coal India (CIL) informed Wednesday (October 8, 2025) that it has inked a non-binding memorandum of agreement (MoU) with railway infrastructure developer IRCON International (IRL) to develop rail infrastructure for the miner and its subsidiary companies. Coal India, which accounted for 76% of the…
As TCS prepares to release its Q2FY26 earnings, analysts predict a slowdown in revenue and profit growth, primarily influenced by the BFSI sector’s resilience and ongoing challenges in consumer and pharma verticals. Key focus areas include H1B visa impacts and upcoming deal pipelines. TCS Q2 results preview: IT bellwether Tata Consultancy Services (TCS) will…
The four projects covering 18 districts across Maharashtra, Madhya Pradesh, Gujarat, and Chhattisgarh will increase the Indian Railways network by about 894 km The Cabinet Committee on Economic Affairs (CCEA) on Tuesday approved four projects of the Ministry of Railways with a total cost of ₹24,634 crore under the PM Gati Shakti National Master Plan.…
NITI Aayog CEO also revealed that several committees led by Cabinet Secretary Rajiv Gauba have submitted their first set of reports on proposed reform measures, signalling that the government’s structural reform push is gaining momentum. India could see another round of major reform announcements by Diwali as the government steps up efforts to boost…
Sensex and Nifty outlook: Indian benchmarks may extend gains in H2 FY26, with Sensex eyeing 88,100 and Nifty targeting 27,000 amid GST reforms and lower rates. The BSE Sensex has witnessed a roller-coaster ride in the first half of the financial year 2025-2026 (FY26); with the benchmark swinging in a broad 12,674-point range amid the…
Investors’ wealth rose by more than Rs 3 lakh crore as the overall market capitalisation of BSE-listed firms surged to Rs 455.57 lakh crore from Rs 452.23 lakh crore on Tuesday, September 30. After eight straight sessions of losses, domestic equities finally staged a rebound on Wednesday. Both Sensex and Nifty closed higher as the…