We aim to educate, engage stakeholders on Social Stock Exchange: NSE CEO
New Delhi, June 15 (IANS) The National Stock Exchange (NSE), under the guidance of markets regulator SEBI, has initiated a series of events across India to raise awareness about the Social Stock Exchange (SSE), Ashish Kumar Chauhan, MD and CEO, NSE, said on Friday. The SSE vision, outlined by Finance Minister Nirmala Sitharaman during her […]
India’s forex kitty surges to new lifetime high of $655.8 billion
Mumbai, June 15 (IANS) India’s foreign exchange reserves surged by $4.3 billion during the week ended June 7 to scale a lifetime high of $655.8 billion, according to the latest data released by the RBI on Friday. The country’s forex kitty has broken the earlier record of $651.5 billion, as of May 31, that was […]
Nifty hits fresh record high amid Union Budget optimism
Mumbai, June 14 (IANS) The Indian benchmark indices ended on a positive note on Friday as Nifty touched a fresh record high amid optimism over the upcoming Union Budget that is likely to be presented on July 22. Among the top gainers on Nifty were Adani Ports, Eicher Motors, M&M and Shriram Finance while losers […]
Global fund investments in India will accelerate in future: Analysts
Mumbai, June 15 (IANS) The Indian stock market has seen a significant rally in recent months and is now attracting global funds which are going to accelerate in the near future, according to top analysts. The Indian stock market performance has been very impressive for the last one year. National Stock Exchange (NSE) benchmark Nifty […]
India emerging as promising alternative to China for chipmaking equipment firms
New Delhi, June 15 (IANS) The chipmaking equipment industry is looking to establish operations in India, as the country emerges as a promising alternative to China amid tensions between Beijing and the West. The international chip industry group SEMI is set to host its Semicon exhibition in India for the first time in September. This […]
Airtel pre-pays Rs 7,904 crore to clear deferred liabilities for spectrum
New Delhi, June 15 (IANS) Bharti Airtel on Friday said it has prepaid Rs 7,904 crore to the Department of Telecom (DoT) to clear high-cost deferred liabilities for spectrum acquired in 2012 and 2015. In a stock exchange filing, the company said that it has fully prepaid all deferred liabilities for the years 2012 and […]
TRAI allots new 160 mobile phone series to key financial entities to curb spams
New Delhi, June 15 (IANS) The government has allocated 160 mobile phone series for making transactional and service voice calls for all entities regulated by RBI, SEBI, IRDAI and PFRDA in the first phase, in order to prevent the duping of citizens from the fraudsters. The Telecom Regulatory Authority of India (TRAI) met representatives from […]
Hyundai Motor India files draft papers for Rs 25,000 crore IPO
Mumbai, June 15 (IANS) Hyundai Motor India Limited, the Indian arm of the South Korean auto giant, on Saturday, filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for an IPO to raise around $3 billion (Rs 25,000 crore). “The objects of the offer are to carry out […]
Can’t wait for OpenAI to have access to my phone: Musk
New Delhi, June 15 (IANS) After criticising Apple-OpenAI collaboration on ChatGPT’s integration with iPhones, tech billionaire Elon Musk has claimed that the Sam Altman-run AI company may ultimately access his phone. Reacting to reports that OpenAI has hired Paul Nakasone, former commander of US Cyber Command and the director of the National Security Agency (NSA) […]
Centre puts Pune Metro line extension, Gudur-Renigunta 3rd rail line projects on fast track
New Delhi, June 15 (IANS) The Pune Metro line extension project in Maharashtra and the Gudur-Renigunta third railway line in Andhra Pradesh were taken up for discussion at a high-level inter-ministerial meeting to maximise the regional benefits of the projects, the Commerce and Industry Ministry said on Saturday. The projects which have been put on […]
