MUMBAI: The rupee weakened on Friday due to dollar demand from maturing offshore positions and corporate hedging. It closed at 90.16 per dollar, 14 paise down from its previous close. Falling equities added to the pressure. Elevated dollar demand weighed intraday, though sporadic dollar sales near the lows capped losses and kept sentiment cautious.“The rupee…
Eternal-owned quick commerce platform Blinkit has removed its long-promoted “10-minute delivery” claim from all platforms, amid growing concerns over the safety and welfare of delivery workers.According to news agency PTI, the company has revised its tagline from “10,000+ products delivered in 10 minutes” to “30,000+ products delivered at your doorstep”, signalling a shift away from…
MUMBAI: After a routine trip to the market with his father to purchase vegetables on a winter morning in 2023 led to the death of a 30-year-old junior engineer with Konkan Railways, Motor Accident Claims Tribunal in Mumbai ordered Maharashtra State Road Transport Corporation (MSRTC) to pay approximately Rs 2.21 crore (inclusive of interest) to…
NEW DELHI: Supreme Court’s decision on Monday — its last working day of 2025 — to stay its own 40-day-old order on the Aravali controversy was only the latest in a series of flip flops witnessed in the year, during which orders were set aside within months after they were passed — a fact noticed…
India’s services sector regained momentum in November as firms reported a quicker rise in new business and only mild price pressures, helping the industry rebound after losing pace in October, according to PTI. The latest HSBC India Services PMI survey showed a broad improvement in operating conditions, supported by stronger domestic demand.The seasonally adjusted HSBC…
NEW DELHI: Starting Thursday, Australia is set to provide duty-free access to all Indian exports under the India-Australia Economic Cooperation and Trade Agreement (ECTA), commerce and industry minister Piyush Goyal said Monday.“From Jan 1, 2026, 100% of Australian tariff lines will be zero-duty for Indian exports, unlocking fresh opportunities for labour-intensive sectors,” Goyal posted on…
MUMBAI: SaaS unicorn Amagi Media Labs is set to get listed on the bourses later this month, joining a clutch of startup peers heading to Dalal Street. At the upper end of the IPO price band set at Rs 361 per share, the total issue size is Rs 1,789 crore. The company is raising up…
File photo: Defense minister Rajnath Singh (Picture credit: PTI) NEW DELHI: Defense minister Rajnath Singh on Tuesday said Operation Sindoor had sent a clear signal that India responds firmly when pushed, drawing a parallel between the government’s action against terrorism and the decisive leadership of Sardar Vallabhbhai Patel. Speaking at the ‘Sardar Sabha’ in Vadodara’s…
Access Denied You don’t have permission to access “http://www.ndtvprofit.com/markets/hindalco-industries-shares-correct-13-percent-from-peak-incred-downgrades-stock-cuts-target-price-11016779” on this server. Reference #18.adf5d217.1771321283.f821fdf https://errors.edgesuite.net/18.adf5d217.1771321283.f821fdf Source link
BENGALURU: Manipal Hospitals is set to file its draft red herring prospectus (DRHP) this week for an IPO expected to raise about Rs 10,500-11,000 crore, potentially the largest public offering in India’s healthcare sector. The issue will include an offer-for-sale component of around Rs 2,000 crore, while a large portion of the proceeds will be…
