CATEGORIES

Green energy stocks fail to benefit from selloff in Adani Green
Business Standard

Green energy stocks fail to benefit from selloff in Adani Green

Six of the eight stocks operating in the green energy space declined on Friday, failing to benefit from the rout in Adani Green Energy's decline over the last two sessions.

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1 min  |
November 23, 2024
Business Standard

NTPC Green Energy IPO booked 2.40x on Day 3

The initial public offering (IPO) of NTPC Green Energy Ltd, the renewable energy arm of NTPC, was subscribed 2.40 times on the closing day of the share sale on Friday.

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1 min  |
November 23, 2024
Business Standard

Sebi mulls new appointment process for key officials at MIIs

The Securities and Exchange Board of India (Sebi) has proposed to overhaul the appointment and reappointment processes of key management personnel by market infrastructure institutions (MIIs) such as stock exchanges, clearing corporations and depositories.

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1 min  |
November 23, 2024
Zomato to replace JSW Steel on Sensex from Dec 23
Business Standard

Zomato to replace JSW Steel on Sensex from Dec 23

Online food delivery giant Zomato will become a part of the benchmark BSE Sensex, replacing JSW Steel from December 23.

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1 min  |
November 23, 2024
Business Standard

Bitcoin close to $100,000 on US' crypto optimism

Bitcoin flirted with a run toward the landmark $100,000 level, buoyed by expectations of friendly US regulations and expanding investor interest courtesy of President-elect Donald Trump's support for crypto.

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1 min  |
November 23, 2024
Will book profit in Bitcoin at $150K levels, says Chris Wood
Business Standard

Will book profit in Bitcoin at $150K levels, says Chris Wood

Christopher Wood (pictured), global head of equity strategy at Jefferies who holds 10 per cent weight in Bitcoin in his global portfolio for a US dollar-denominated pension fund plans to book profit in the cryptocurrency once it hits the $150,000 mark, up nearly 53 per cent from the current levels of $98,300 levels.

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2 mins  |
November 23, 2024
Nifty upsides capped in sell-on-rise market
Business Standard

Nifty upsides capped in sell-on-rise market

Price action shows Nifty 50 may remain under pressure until stability is found near key support levels

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2 mins  |
November 23, 2024
Would you prefer Gelephu or Neom?
Business Standard

Would you prefer Gelephu or Neom?

The kingdom of Bhutan is planning a \"mindfulness city\" that will cover some 2.5 per cent of the country—an area larger than Singapore.

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3 mins  |
November 23, 2024
Business Standard

Capturing zeitgeist in a word

Every year, as the calendar flips its final pages, a curious exercise plays out: Dictionaries across the world distil the chaos of 12 months into a single word.

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3 mins  |
November 23, 2024
Adani's reckoning: India and beyond
Business Standard

Adani's reckoning: India and beyond

Sebi may now launch fresh inquiries. Parliament will open to uproar, and Adani's access to foreign capital will become impossible. The damage this time will be deeper and longer-lasting

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5 mins  |
November 23, 2024
Manipur story gets bigger
Business Standard

Manipur story gets bigger

Conrad Sangma, chief of the National People's Party (NPP) and chief minister of Meghalaya, has withdrawn support to the Manipur government, which is run by the Bharatiya Janata Party (BJP).

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3 mins  |
November 23, 2024
Hostility to immigrants will hurt America's tech sector
Business Standard

Hostility to immigrants will hurt America's tech sector

Will business prosper under a second Donald Trump presidency? As far as I can tell, many business leaders are pinning their hopes on the belief that he won't actually follow through on his campaign pledges on tariffs and mass deportation—that they'll be like his border wall, which, for the most part, he never built but claimed he had.

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3 mins  |
November 23, 2024
Surprise solar boom in Pakistan helps millions, but harms wider power grid
Business Standard

Surprise solar boom in Pakistan helps millions, but harms wider power grid

There's a shiny new addition to Pakistan's dusty agricultural heartland: rows upon rows of solar panels.

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2 mins  |
November 23, 2024
Business Standard

OpenAI considers taking on Google with browser

ChatGPT-creator OpenAI has recently considered developing a web browser that would combine with its chatbot and separately discussed or struck deals to power search features, the Information reported on Thursday.

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1 min  |
November 23, 2024
Business Standard

Mobile browsers: Apple, Google face probe in UK

British regulatory report recommends firms' duopoly should be investigated

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1 min  |
November 23, 2024
Climate finance draft sets stage for a clash
Business Standard

Climate finance draft sets stage for a clash

Baku summit's proposed deal wants rich countries to pay $250 bn a yr by 2035

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2 mins  |
November 23, 2024
Forward guidance loses steam in downward cycle'
Business Standard

Forward guidance loses steam in downward cycle'

Forward guidance by central banks during a rate-increase cycle may not be as effective as in a downward cycle, Reserve Bank of India (RBI)'s Deputy Governor Michael Patra said in a speech on monetary policy communication on Thursday.

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1 min  |
November 23, 2024
India's qcom startups can be key players: FM
Business Standard

India's qcom startups can be key players: FM

Goyal says research, innovation main pillars in journey towards Viksit Bharat

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2 mins  |
November 23, 2024
Business Standard

Cut speculative bets against ₹: RBI to banks

In a rare move, the Reserve Bank of India (RBI) instructed some banks to cut long positions on the dollar-rupee pair on Friday, seeking to reduce speculative bets on the local currency, which is at a record low, sources said.

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1 min  |
November 23, 2024
Business Standard

Forex reserves log sharpest weekly drop

Fall 17.76 bn to hit four-month low

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2 mins  |
November 23, 2024
Business Standard

258 dead in Manipur unrest since May '23: Security advisor

The ethnic violence between Meitei and Kuki communities in Manipur has claimed 258 lives since May last year, the state government's Security Advisor Kuldiep Singh said on Friday.

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1 min  |
November 23, 2024
Business Standard

Ahead of Delhi polls, Kejriwal kicks off 'Revdi Par Charcha'

With an eye on the Assembly elections scheduled in Delhi early next year, Aam Aadmi Party (AAP) supremo Arvind Kejriwal on Friday launched a 'Revdi Par Charcha' campaign that will run from November 25 to December 10, an official statement said.

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1 min  |
November 23, 2024
Farmers threaten to resume march towards Delhi on Dec 6
Business Standard

Farmers threaten to resume march towards Delhi on Dec 6

To intensify agitation, start fast unto death on Nov 26, demanding legal MSP

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1 min  |
November 23, 2024
Will act on 'irregularities': Andhra CM on Adani case
Business Standard

Will act on 'irregularities': Andhra CM on Adani case

Congress demands JPC probe; BJP says DMK, BJD, YSRCP are 'close to Cong'

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2 mins  |
November 23, 2024
Adani row may test resilience of project exports from India
Business Standard

Adani row may test resilience of project exports from India

The Kenyan government's decision to scrap multi-million-dollar airport expansion and energy deals with the Adani group, following bribery allegations by the US, could test the resilience of India's fledgling project exports market.

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2 mins  |
November 23, 2024
Business Standard

Legal experts differ on settlement route for group

The charges on Gautam Adani and other executives of the Adani group by the US Department of Justice (DOJ) can be appealed and other legal recourse like settlement route can be explored, but settlement comes with a cost, say legal experts.

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2 mins  |
November 23, 2024
SECI, NTPC top power contractors for AGEL
Business Standard

SECI, NTPC top power contractors for AGEL

Adani Green Energy (AGEL), which has been caught in the midst of corruption charges by a US district court, has an operational capacity of 11 giga Watts (Gw).

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1 min  |
November 23, 2024
Global lenders may freeze fresh credit to Adani firms, await govt reaction
Business Standard

Global lenders may freeze fresh credit to Adani firms, await govt reaction

Some global banks are considering temporarily halting fresh credit to the Adani group but staying put with existing loans following US prosecutors' charges of its billionaire founder Gautam Adani for fraud, sources said.

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1 min  |
November 23, 2024
Business Standard

S&P revises outlook on 3 Adani firms to 'negative'

Rating agency S&P Global on Friday revised its outlook on three Adani Group entities to 'negative', a day after the news that US justice department has levelled corruption charges against Gautam Adani and seven others broke out.

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1 min  |
November 23, 2024
Adani firms' debt to equity ratio at 15-yr low in H1FY25
Business Standard

Adani firms' debt to equity ratio at 15-yr low in H1FY25

In post-Covid period, their net worth has grown at a faster clip than borrowing

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2 mins  |
November 23, 2024