Buisiness

India’s foreign exchange reserves fell by $1.781 billion in the week ending February 28, bringing the total to $638.698 billion, latest data from the Reserve Bank of India (RBI) revealed.The country’s forex reserves have been on a volatile trajectory, touching an 11-month low after nearly four continuous months of declines. While some weeks have seen…

Seven & i Holdings Ltd announced that its convenience store brand 7-Eleven is planning to explore potential store sell-offs with Canadian firm Alimentation Couche-Tard (ACT). This decision follows a series of measures introduced by Seven & i just days ago to counter a takeover bid from ACT, while also addressing antitrust concerns ahead of a…

The upcoming trading week will be shorter due to holidays, with traders focusing on global developments amidst limited domestic events. (AI image) Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, opened flat in trade on Monday. While BSE Sensex was above 74,300, Nifty50 was above 22,550. At 9:19 AM, BSE Sensex…

Top stocks to buy (AI image) Stock market recommendations: According to Motilal Oswal Financial Services Ltd, the top stock picks for the week (starting March 10, 2025) are Bharti Airtel and Indian Hotels. Let’s take a look: Stock Name CMP (Rs) Target (Rs) Upside (%) Bharti Airtel 1638 1990 21% Indian Hotels 743 960 29%…

HALL OF FAME: (From left to right) Malika Noor Mehta (Fareed Zakaria’s niece); Noel Tata, chairman, Tata Trusts; Venu Srinivasan, chairman emeritus, TVS Motor; Ashwini Vaishnaw, minister of railways, electronics & IT, and information & broadcasting; Kumar Mangalam Birla, chairman, Aditya Birla Group; Akshant Goyal, CFO, Zomato; Vishakha Mulye, CEO, Aditya Birla Capital; H K…

The combined market value of seven of the top ten most valued companies in India surged by Rs 2,10,254.96 crore, driven by strong momentum in the stock markets last week. Among the biggest gainers were Tata Consultancy Services (TCS) and State Bank of India (SBI).During the week, the 30-share Sensex rose by 1,134.48 points (1.55%),…

NEW DELHI: Food and beverage giant PepsiCo is aiming to double its revenue in India over the next five years, placing the country as a major driver of its global growth. The company is making significant investments to expand its capacity, with India & South Asia CEO Jagrut Kotecha describing the market as a “key…

NEW DELHI: The Centre is readying a 23-point template for reforms and deregulation, including some related to land, labour, utilities and permits at the state level, as it seeks to make life easier for businesses to operate across the country.The moves are being piloted by a taskforce on deregulation and compliance reduction led by cabinet…

MUMBAI: Is a revival in the stock market expected this month? Historical data shows there’s a strong chance of the same happening in March.Past data going back a decade shows that excluding the Covid year of 2020, March is typically the best time for Indian equities, with Nifty 50, Nifty midcap 100 and Nifty smallcap…

BENGALURU: Women remain significantly under-represented in India’s venture capital (VC) industry, especially in decision-making roles, despite growing conversations about diversity and inclusion. An analysis of the investment teams at India’s most active VC firms, in terms of volume across years 2023 to 2025 so far, reveals how stark the gender gap remains.Among the 20 most…