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Tuesday, May 30, 2023 | Last Update : 10:33 PM IST

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In this file photo taken on October 9, 2021, Tesla CEO Elon Musk arrives on stage to greet visitors for the opening of the new 'Gigafactory' of the US carmaker in Gruenheide, east of the German capital Berlin. (Photo: AFP)

Elon Musk offloads $5 billion in Tesla shares days after Twitter poll

On Saturday Musk put up a poll on Twitter where he proposed to sell 10 per cent of Tesla stock

11 Nov 2021 12:56 PM

A QR code for Paytm is pictured at a vegetable stall in New Delhi. (Photo: AFP)

Paytm IPO crawls towards full subscription ahead of issue close

Paytm has priced its issue at 2,080-2,150 rupees per share

10 Nov 2021 3:59 PM

Falguni Nayar (C-L), managing director and CEO of Nykaa, an online marketplace for beauty and wellness products, along with her daughter Advaita (C-R) attends the company's IPO listing ceremony at the National Stock Exchange in Mumbai. (Photo: AFP)

Nykaa shares make dream debut; list at over 79 per cent premium

The stock debuted at Rs 2,001, reflecting a jump of 77.86 per cent on the BSE

10 Nov 2021 11:23 AM

Paytm IPO is scheduled to open on November 8. (Photo: Representational)

IPO rush continues; Paytm, 2 other public issues to open next week

This comes after five companies successfully concluded their public offerings (IPOs) this week

05 Nov 2021 2:07 PM

IRCTC on Thursday said that the Ministry of Railways has asked it to share 50 per cent of its revenue earned as convenience fee from bookings on its website with the national transporter.

Railway Min withdraws decision on sharing IRCTC convenience fee; shares recover loss

Shares of IRCTC on Friday tanked nearly 10 per cent in opening trade to Rs 822.40 apiece

29 Oct 2021 12:04 PM

Paytm plans to raise Rs 18,300 crore from the IPO. (Photo: PTI)

Paytm IPO price band set at Rs 2,080-2,150; subscription to open on Nov 8

The initial public offer (IPO) subscription will close on November 10

28 Oct 2021 2:38 PM

Future Coupons and the promoters have also filed an appeal before the court seeking to set aside the order, the company said. (Photo: PTI)

Future moves Delhi High Court, seeks stay of Singapore order

The company has appealed for staying and setting aside the operation of the October 21 order

28 Oct 2021 8:37 AM

PB Fintech, owners of Policy Bazaar and Paisa Bazaar, announced a Rs 5,625-crore initial public offering. (Photo: PTI)

Policy Bazaar’s Rs. 5,625 crore IPO on Nov. 1

The PB Infotech offer consists of a fresh issue of shares worth Rs 3,750 crore

28 Oct 2021 8:11 AM

Paytm on Wednesday said Switzerland-based reinsurer Swiss Re will buy a 23 per cent stake in its associate Paytm Insure-tech Pvt Ltd.

Swiss Re to buy 23% in Paytm Insuretech

Through an investment in PIT, Swiss Re and Paytm will work towards closing the insurance protection gap in the market

28 Oct 2021 8:07 AM

Facebook profits rise amid Facebook Papers findings

The company's revenue grew 35 per cent to USD 29.01 billion

26 Oct 2021 8:38 AM

Shareholding data analysed by Financial Chronicle show LIC booked profit in 15 of the Sensex companies as the market soared to record highs while it bought fresh shares to raise stake in 10 of the Sensex companies. — PTI

LIC books profit in blue chips ahead of IPO bid

It was a crucial quarter for LIC as profit booking would help it strengthen its balance sheet ahead of the mega IPO in the fourth quarter

25 Oct 2021 8:01 AM

The RBI said an inspection by it found that the lender failed to credit (shadow reversal) the amount involved in the unauthorised electronic transactions. (Photo: PTI/File)

RBI fines SBI, StanChart for rules violation

On SBI, the central bank said the lender delayed reporting fraud in a customer account to it

19 Oct 2021 7:33 AM

Tata Motors plans to invest $2 billion in the division and release 10 EV models over the next five years.

Tata Group Stocks Rally over multiple deals

Tata Motors shares touched a high of Rs 519.45 on the BSE and finally closed at Rs 506.75

14 Oct 2021 1:58 AM

An Air India aircraft is pictured at a terminal of the airport in Mumbai. (Photo: AFP)

Work to monetise Alliance Air, three other Air India subsidiaries to start now

The govt on October 8 had announced that Tatas have won the bid to acquire Air India for Rs 18,000 crore

10 Oct 2021 1:56 PM

The total debt of Air India as of August 31 stands at Rs 61,562 crore. (PTI Image)

Tata Sons wins bid for acquiring national carrier Air India at Rs 18,000 cr

Tata Sons were up against Spicejet promoter Ajay Singh-led consortium who had bid Rs 15,100 crore

08 Oct 2021 4:57 PM

Elon Musk-led SpaceX's satellite broadband arm Starlink said that its service is available in many countries and it will be easier for it to get government approvals if it has a high number of pre-orders from India. (AFP Photo)

Elon Musk's Starlink aims to start broadband service in India from Dec next year

Starlink Country Director for India Sanjay Bhargava in his social media post said that the pre-order from India has crossed 5,000

01 Oct 2021 3:47 PM

A possible sale would come at a time the airline industry is trying to recover from the slump in travel caused by restrictions aimed at containing the coronavirus pandemic. (PTI Photo)

Indian govt says no decision on Air India sale after report cites Tata Sons as winner

Earlier this month the finance ministry said it had received bids for the airline, but did not name the bidders

01 Oct 2021 3:43 PM

The purchase, once it goes through, will be a test of the group’s aviation acumen. (AFP file photo)

Media reports incorrect: Government on reports of Tata Sons winning Air India bid

The proposed handover is a key victory for PM Modi, who has embarked on a bold privatization plan to plug a widening budget deficit

01 Oct 2021 12:16 PM

As per the deal, the shareholders of SPNI will hold majority stake in the merged entity.

Zee Entertainment, Sony India announce merger; Punit Goenka to lead new entity

Sony Pictures Networks India said the merger would bring together two leading Indian media network businesses, benefitting consumers

22 Sep 2021 11:18 AM

HDFC's festival offer is applicable to all new loan applications irrespective of the loan amount or employment category. (Photo: PTI/File)

Realtors hopeful as HDFC too offers loans at 6.7 per cent

Last week, SBI offered a similar credit score linked home loan rate of 6.70 per cent

22 Sep 2021 7:21 AM

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Aakar Patel