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Market takes off! Sensex and Nifty surge at open - Axis Bank, Power Grid lead the charge

Mumbai/IBNS, Nov. 20 -- The Indian stock market on Wednesday opened in green with BSE Sensex trading at 85,470.92 while Nifty 50 surging ahead to 26,132.10, media reports said. Though Sensex opened a... Read More


Railway experts call for empowered regulator, warn against unplanned privatisation

New Delhi, Nov. 20 -- Experts called for a statutory regulator to oversee tariffs, safety, competition rules and contract governance in the Indian Railways on Wednesday, warning that fragmented reform... Read More


Kalyani Forge CFO Nilesh Bandale resigns

Mumbai, Nov. 20 -- Kalyani Forge manufactures high-quality hot, warm, and cold-forged products. The company's standalone net profit tumbled 45.2% to Rs 2.15 crore on a 10.7% drop in revenue from oper... Read More


Fast&Up in talks to raise $50-70 million in new round, appoints banker

New Delhi, Nov. 20 -- Fast&Up, the sports nutrition supplement brand, has initiated a process to raise $50-70 million and has appointed a banker, two people familiar with the matter said. The company... Read More


Fast&Up in talks to raise $50-70 million in new round, appoints banker

Mumbai, Nov. 20 -- Fast&Up, the sports nutrition supplement brand, has initiated a process to raise $50-70 million and has appointed a banker, two people familiar with the matter said. The company ha... Read More


Ultrahuman Secures INR 100 Cr Debt Amid US Ban

India, Nov. 20 -- Smart ring manufacturer Ultrahuman has raised INR 100 Cr ($11.2 Mn) in venture debt from Alteria Capital as it looks to scale its products and expand into more markets. The Bengalur... Read More


Mutual funds: Active vs passive funds - which one should you choose and why?

New Delhi, Nov. 20 -- When investing in mutual funds, investors can choose from a wide range of categories. Although the funds can range from debt to equity, large-cap to small-cap and from gold to se... Read More


NBCC (India) rises after securing Rs 2,966-cr PMC contract from NMRDA

Mumbai, Nov. 20 -- The company stated that the order value of Rs 2,966.10 crore, excluding GST, has been awarded by NMRDA and falls within the ordinary course of business. The scope includes providing... Read More


INR loses momentum amid dollar surge overseas

Mumbai, Nov. 20 -- The Indian rupee fell sharply against the dollar in opening trades on Thursday tracing firm dollar overseas. INR opened at Rs 88.63 per dollar and hit a low of 88.68 so far during t... Read More


ED attaches multiple properties linked to industrialist Anil Ambani worth over Rs 1,452 crore

New Delhi, Nov. 20 -- The Enforcement Directorate (ED) has attached multiple properties linked to the industrialist Anil Ambani in connection with its money laundering probe into alleged loan fraud ag... Read More