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Sensex, Nifty at all-time high as Exit Polls predict BJP win

Mumbai, June 3, (IANS) Indian equity benchmarks opened at an all-time high on Monday due to Exit Polls predicting a Modi government comeback. Sensex opened almost 2600 points higher at 76,582 points and Nifty opened almost 800 points higher at 23,338 points. At 9:50 a.m., Sensex was at 75,818, up 1,857 points or 2.51 per […]

Byju’s paying employee salaries for May from ‘collections’

New Delhi, June 3 (IANS) Embattled edtech company Byju’s was expected to release salaries for the month of May for its employees on Monday, after several delays earlier owing to a severe cash crunch and mounting legal battles. Sources close to the development told IANS that the salaries for May have been processed for employees […]

Mother Dairy hikes milk prices by Rs 2 per litre across all variants

New Delhi, June 3 (IANS) Mother Dairy, on Monday, increased milk prices across all variants due to rise in input cost. The price hike is effective from Monday in Delhi-NCR and other markets. Mother Dairy said: “A price hike of Rs 2 per litre applies to all milk variants.” The price of token milk has […]

Battery Smart to offer Zepto delivery partners access to over 1K battery swapping stations

New Delhi, June 3 (IANS) Battery-swapping services provider Battery Smart on Monday announced its partnership with e-grocery and quick commerce service provider Zepto. This partnership will provide Zepto’s Electric Vehicle (EV) delivery partners access to Battery Smart’s nationwide network of more than 1,000 battery-swapping stations, allowing two-minute battery swaps across over 30 cities. It will […]

Rajesh Chandiramani appointed as Comviva CEO

New Delhi, June 3 (IANS) Customer experience and data monetisation solutions provider Comviva on Monday announced the appointment of Rajesh Chandiramani as its CEO and whole-time director. Chandiramani replaces Manoranjan ‘Mao’ Mohapatra, who concluded his tenure with the company at the end of May. Following his retirement, Mohapatra will continue to serve on the Comviva […]

Zerodha faces tech glitch as markets hit record high; users complain

New Delhi, June 3 (IANS) Several users took to social media platform X on Monday to complain about a technical glitch they were facing while trading on the brokerage firm Zerodha’s trading app Kite. The glitch comes on a day when the stock market surged to record levels, coinciding with Exit Polls projecting a third […]

Adani Group’s market cap back to pre-Hindenburg level with huge stock rallies

New Delhi, June 3 (IANS) Riding on two big rallies on the Indian indices, the Adani Group has regained its total market capitalisation after it was hit by a short-seller report in late FY23. The market capitalisation of 10 listed Portfolio companies surged by more than Rs 2 lakh crore to surpass Rs 18.5 lakh […]