Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Tribal council rejects Blinkit's trading license permission in Meghalaya
Meghalaya's Khasi Hills Autonomous District Council has denied Blinkit a trading license, citing concerns over its business model impacting over 4,000 local grocery stores. The council chief stated that platforms threatening indigenous traders won't be permitted. Blinkit, which had begun operations and hired delivery partners, has since ceased them due to the lack of mandatory licenses. This move prioritizes safeguarding local retailers against app-based delivery services offering deep discounts.
Deep Health AI reduces stake in Exxaro Tiles to 5.98% - scanx.trade
Deep Health AI reduces stake in Exxaro Tiles to 5.98%scanx.trade
India To Emerge As AI Builder, Says Amazon CEO Andy Jassy; Bets On Deep Engineering Talent
Amazon CEO Andy Jassy says India will build some of the world's most important AI applications
Can Info Edge find another Zomato?
With a remarkable track record in consumer technology, involving significant investments in AI and deep tech, Info Edge (India) presents a compelling narrative. But with emerging risks and uncertain cash flows, can it maintain its growth trajectory?
Meesho shares in focus as Citi initiates coverage with Buy rating. Here's why
Citi has initiated coverage on Meesho with a Buy rating and Rs 210 target, citing strong user growth, deep penetration beyond metros, and improving monetisation. The brokerage expects robust NMV expansion and margin gains, driven by advertising and logistics execution, even as average order values decline modestly.
NSE, BME Collaborate To Boost Non-Ferrous Metal Derivatives Market Ecosystem
The collaboration combines NSE's robust derivatives market infrastructure with BME's expertise and deep engagement in India's physical non-ferrous metals ecosystem.
IIT Roorkee, IvyCap Ventures and NuQuant announce Rs 1,000 crore Super Endowment initiative to strengthen India’ s research, innovation and DeepTech ecosystem
IIT Roorkee, in partnership with IvyCap Ventures and NuQuant, has launched a Rs 1,000 crore Super Endowment Fund to fuel India's deep-tech innovation. This perpetual fund will support research, entrepreneurship, and technology translation across the IIT network, fostering global collaborations in strategic sectors. The initiative aims to create a self-sustaining ecosystem, empowering the next generation of innovators and entrepreneurs.
Indian deep-tech to see funding surge amid sovereign push: Celesta’s Viswanathan
Sovereign investment avenues have gained prominence over the past 12 months amid rising geopolitical tensions. US government’s move to restrict access to Anthropic’s latest frontier models has sparked debate in India on the need to build domestic capabilities in AI, other critical technologies.
Deep Industries secures Rs 84 crore ONGC contract
Deep Industries has received a Letter of Award (LoA) from Oil and Natural Gas Corporation (ONGC) for charter hiring services for gas compression at the Lakhmani GGS-5 facility under ONGC's Assam Asset.
The Trader’s Guide to Surviving a Deep Drawdown - Investing.com India
The Trader’s Guide to Surviving a Deep DrawdownInvesting.com India
SC flags 'deep-rooted nexus' between banks, ARCs, borrowers over loans
Flagging a deep-rooted nexus between banks, asset reconstruction companies and borrowers, the Supreme Court on Friday said that taxpayers' money being given as loans and then no effective efforts were taken to recover the amount was not acceptable. A bench of Chief Justice Surya Kant and Justice V Mohana said it was only concerned about the misutilisation of public money, which should have been spent for the welfare of people. The top court issued notice to the Centre, the Reserve Bank of India (RBI) and others seeking their responses on a plea which alleged that a debt of Rs 1,537 crore owed to public sector banks was settled through two asset reconstruction companies (ARCs) for a mere Rs 73.50 crore. During the hearing, the bench raised concerns over the manner in which stressed loans were being settled. "This is a deep-rooted nexus between the borrowers, ARCs and banks," the bench said. The top court observed that it was aware of the limitation in entering into the arena of ...
RIL AGM Highlights: Five drivers for future growth
Reliance is transforming into a deep-tech and advanced manufacturing leader, highlighting five verticals within the company as those with potential for exponential value creation, Chairman Mukesh Ambani said in speech at the latest annual general meeting. These five are: Jio, AI, Retail, FMCG and New Energy.