Dalal Street top movers: Reliance, Airtel lead gains; 7 of top-10 firms add Rs 1.28 lakh crore in valuation

Seven of India’s top-10 most valued companies added Rs 1,28,281.52 crore in market capitalisation last week, with Reliance Industries and Bharti Airtel emerging as the biggest contributors, tracking gains in broader equities, PTI reported.The BSE benchmark rose 669.14 points, or 0.79 per cent, during the week. Reliance, Airtel top weekly gains The market valuation of…

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IT sell-off deepens: Infosys, Wipro ADRs slide as US tech rout and rate fears weigh

Selling pressure in global technology stocks spilled over to Indian IT counters listed in the US on Thursday, with Infosys and Wipro ADRs declining sharply amid a broader risk-off mood and concerns over interest rate outlook and AI-driven disruption in the sector.Infosys’ American Depositary Receipts (ADRs) fell more than 7 per cent to an intraday…

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Govt sends additional warships to Strait of Hormuz to ensure safe passage of Indian vessels: Report

NEW DELHI: India is deploying additional warships in the Arabian Sea and the Gulf of Oman to ensure safe passage for its fuel and LPG carrying vessels as tensions escalate around the Strait of Hormuz, Bloomberg reported citing sources.The Indian Navy has positioned more than half a dozen warships, including logistics vessels, as a precautionary…

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Service charge row: CCPA cracks down on 27 restaurants for mandatory levy; refunds, penalties ordered

The Central Consumer Protection Authority (CCPA) on Saturday said it has taken suo motu action against 27 restaurants across the country for mandatorily levying service charges on customers, holding the practice to be a violation of consumer law.The restaurants have been fined up to Rs 50,000, directed to refund the service charge collected from consumers,…

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