Buisiness

Top 10 richest persons in the world: Elon Musk, at age 53, has regained his position as the world’s wealthiest individual for the fourth time in five years! Elon Musk’s net worth has crossed the $400 billion wealth threshold. His net worth experienced a remarkable increase of $189 billion or 82%, largely due to the…

MUMBAI: Indian companies raised a record Rs 3.8 lakh crore in financial year 2024-25 by selling stocks through primary and secondary issuances like IPOs and qualified institutional placements (QIPs), apart from debt. (see graphic)If one adds the Rs 16,167 crore raised through rights offers, the total would nearly touch the Rs 3.9-lakh-crore mark, also an…

Stocks fell after the US pushed ahead with tariffs on automakers, reinforcing concern about a widening trade war that outweighed data showing faster-than-estimated growth in the world’s largest economy. Just days before the end of a quarter that’s set to be the worst for the S& since 2023, the gauge came under renewed pressure. US…

NEW DELHI: Finance minister Nirmala Sitharaman on Thursday dismissed charges that govt was reducing customs duty under pressure from the Trump administration, arguing that it was in line with the Centre’s policy.“This is a consistent thing. I heard quite a few members saying that in response to the tariff war announced by president Trump we…

Market experts anticipate a period of consolidation with an optimistic outlook. (AI image) Stock market today: Indian equity benchmark indices, BSE Sensex and Nifty50, opened flat in trade on Friday. While BSE Sensex was near 77,550, Nifty50 was around 23,580 levels. At 9:16 AM, BSE Sensex was trading at 77,546.80, down 60 points or 0.077%….

Bengaluru: Cognizant CEO Ravi Kumar indicated that former employees constitute 5-7% of their lateral hires, signalling a growing trend of returnees. Cognizant saw 14,000 people rejoin the firm and has an additional 20,000 of them in the queue to return to the company. Kumar was speaking at the investor day held in the US recently.Kumar…

Top stocks to buy (AI image) Stock market recommendations: According to Bajaj Broking Research, Larsen and Toubro and Indian Energy Exchange are the top stock picks for today. Here’s its view on Nifty, Bank Nifty and the top stock picks for March 28, 2025:Index View: NIFTYNifty after a strong rally of 1900 points in just…

MUMBAI: Some auto and ancillary stocks saw strong selling on Thursday after the US imposed a 25% import tariff on these products, effective May 2025. Tata Motors, which exports over 20% of its Jaguar-Land Rover cars to the US, closed 5.6% lower and led the pack in Thursday’s session.Among others, Sundaram Fasteners lost 4% while…

Mumbai: Govt on Thursday said it will borrow Rs 8 lakh crore or 54% of its total planned borrowing of Rs 14.8 lakh crore for FY26 during the first half of the fiscal. It refrained from front-loading the borrowing programme to avoid any upward pressure on rates when the RBI is infusing a record level…

MUMBAI: Markets regulator Sebi on Thursday proposed that each exchange offering equity derivatives products to investors should have either Tuesday or Thursday as the expiry day for all their contracts. This is being proposed so that there’s predictability of the expiry of derivatives products on each of the exchanges. Market players said the move would…