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Wipro soars as June quarter earnings better than expected

MUMBAI, July 15 -- Shares of Wipro Ltd surged over 13% on Wednesday following better-than-expected June quarter earnings from the company even as the pandemic-induced crisis continued to take a toll o... Read More


Reliance shares rise; market cap crosses Rs.12 trln

MUMBAI, July 13 -- Shares of Reliance Industries Ltd (RIL) hit an all-time high of Rs.1,908 on the BSE, up about 1.6% from Friday's close, pushing its market capitalisation to Rs.12.09 trillion - a re... Read More


IIFL group companies surge amid reports of open offer by promoters

Mumbai, June 25 -- Shares of IIFL group companies surged on Thursday after promoters' holding in IIFL Finance Ltd crossed 25%, triggering speculation of an open offer. However, IIFL Finance clarified... Read More


Reliance Industries becomes India's first firm to hit Rs.11 trillion market cap

New Delhi, June 19 -- Reliance Industries Ltd (RIL) on Friday became the first Indian company to reach a market capitalisation of Rs.11 trillion as its shares doubled since mid-March. The stock rallie... Read More


Adani Green Energy among top 50 most valuable publicly traded firms in India

New Delhi, June 18 -- With a market capitalization of Rs.626.54 billion, Adani Green Energy Ltd on Thursday entered the club of top 50 most valued publicly traded firms in India, claiming 45th rank, a... Read More


Markets rally for six sessions in a row on recovery hopes; Nifty tops 10,000

New Delhi, June 3 -- Indian stock markets on Wednesday opened higher for a sixth consecutive session, with Nifty hitting the 10,000 mark first time since 13 March, while Sensex surging past 34,000. Be... Read More


Bharti Airtel falls 5.4% after promoter sells stake via block deal

New Delhi, May 26 -- Shares of Bharti Airtel Ltd slipped 5.4% in the early deals on Tuesday after the telecom firm's promoter sold 152 million shares in a block deal. Details of buyers were not availa... Read More


E-commerce firms can deliver liquor in Mumbai, no over-the-counter sale: BMC

Mumbai, May 22 -- A day after the Maharashtra government allowed online delivery platforms-- Swiggy and Zomato-- to deliver liquor in the state except Mumbai, the Brihanmumbai Municipal Corporation (B... Read More


Bharti Airtel surges 10%; enters club of top five most valued firms

New Delhi, May 19 -- Bharti Airtel Ltd on Tuesday joined the club of top five most valued companies, replacing Infosys Ltd and HDFC Ltd, after its shares surged 10%. After hitting an intra-day high o... Read More


Power companies' shares gain on Rs.90,000 crore lifeline

MUMBAI, May 14 -- Shares of power companies on Thursday surged after the government announced Rs.90,000 crore liquidity lifeline for the sector. Adani Power Ltd gained 10%, Tata Power Co Ltd 8%, Bhar... Read More