[
Business
]Markets end in green as Sensex rises by 1,344.63 points, Nifty up by 417 points
The country's largest insurer LIC on Tuesday made a lacklustre debut on stock exchanges, listing at over 8 per cent discount after a successful initial public offering (IPO) which fetched ₹20,557 crore to the exchequer.
Published on May 17, 2022 03:40 PM IST
PTI |
LIC Market Debut: List of Biggest IPOs that made waves
Indian fintech giant Paytm listed on the market with an issue size of ₹18,300 crore in November but it turned into a big disappointment due to, what analysts said, overpriced listing. Here is a list of some of the biggest IPOs in India and in the world.
Published on May 17, 2022 02:56 PM IST
HT News Desk | Written by Ishika Yadav
Musk says Twitter purchase will not go ahead without clarity on spam accounts
Twitter chief executive Parag Agrawal said the platform suspends more than a half-million seemingly bogus accounts daily, usually before they are even seen, and locks millions more weekly that fail checks to make sure they are controlled by humans and not by software.
Published on May 17, 2022 02:06 PM IST
AFP |
Navigating finances as a single mom with a high debt liability
As a single mother, navigating finances with the burden of loans and high credit card bills can be an uphill climb. Find out how you can make the journey smoother.
Published on May 17, 2022 02:05 PM IST
HT Brand Studio
April wholesale inflation surges to 15.08%, up from 14.55% in March
Wholesale prices rose 15.08% in April from a year earlier, data released by the Commerce Ministry showed Tuesday.
Published on May 17, 2022 12:30 PM IST
Bloomberg |
Video: ‘3..2…1’- The moment LIC made much-anticipated market debut
- Founded in 1956 by nationalising and combining more than 240 firms, LIC has for decades been the synonymous with life insurance until the entry of private companies in 2000, experts say. The LIC IPO - India's largest - fetched the government ₹20,557 crore.
Published on May 17, 2022 11:24 AM IST
Written by Ishika Yadav | Edited by Swati Bhasin
Indian rupee hits record low, market watches for RBI's intervention
- Traders will also watch for central bank intervention if the currency racks up sharper losses during the session.
Published on May 17, 2022 09:53 AM IST
Reuters |
Sensex rallies 362 points to 53,336 in early trade, Nifty climbs to 15,964
- Sensex rallies 362 points to 53,336 in early trade, Nifty climbs to 15,964.
Published on May 17, 2022 09:35 AM IST
LIC market debut lacklustre after record IPO: 10 points
LIC market debut: The LIC IPO has been the country's largest so far but a weak debut comes as a disappointment.
Published on May 17, 2022 09:22 AM IST
HT News Desk | Edited by Swati Bhasin
Hacker shows off a way to unlock Tesla models, start cars
There’s no evidence that thieves have used the hack to improperly access Tesla vehicles. The carmaker didn’t respond to a request for comment. NCC provided details of its findings to its clients in a note on Sunday, an official there said.
Updated on May 17, 2022 07:41 AM IST
Bloomberg |
Elon Musk gives strong hint to buy Twitter for lower price amid bot row: Report
Elon Musk's offer to buy Twitter at $44 billion has garnered attention of techies world over.
Published on May 17, 2022 06:17 AM IST
HT News Desk | Edited by Swati Bhasin
LIC IPO to be listed on stock markets tomorrow. Check share price, other details
LIC is the biggest IPO offering in the country, and had closed with nearly 3 times subscription, mostly by retail and institutional buyers. The foreign investor participation was muted.
Published on May 16, 2022 07:36 PM IST
HT News Desk | Edited by Aryan Prakash
Explained: Why India, world's 2nd-largest producer of wheat, banned its export
- G7 agriculture ministers meeting in Germany said that such measures "would worsen the crisis" of rising commodity prices. "If everyone starts to impose export restrictions or to close markets, that would worsen the crisis," German Agriculture Minister Cem Ozdemir said.
Published on May 16, 2022 05:13 PM IST
AFP |
McDonald's to exit Russia, sell business amid Ukraine war
McDonald's in March closed all of its 850 restaurants in the country, where it says it employs 62,000 people.
Published on May 16, 2022 04:59 PM IST
AFP |
Bitcoin back below $30,000; European regulators renew crypto warnings
Bitcoin fell 5% to around $29,700 on Monday in Asian trade, sliding alongside stocks because of worries about high inflation and rising interest rates.
Published on May 16, 2022 03:49 PM IST
Reuters |
Apollo makes $1 billion bet on Indian property with lending plan
Apollo Global Management Inc. is planning to lend about $1 billion to developers in India this year, betting on a recovery in the residential property market as the pandemic eases.
Published on May 16, 2022 03:42 PM IST
Bloomberg |
Markets close in green with Sensex rising by 180 points, Nifty up by 81 points
Among the Sensex firms, NTPC, Bajaj Finance, Maruti, State Bank of India, HDFC, Kotak Mahindra Bank, M&M, IndusInd Bank, Larsen & Toubro, Titan and HDFC Bank were the biggest gainers.
Published on May 16, 2022 03:36 PM IST
PTI |
Biological E. cuts price of Corbevax Covid-19 vaccine to ₹250 per dose
It would result in end users paying a price of ₹400 a dose, including taxes and administration charges, the company said in a statement.
Published on May 16, 2022 02:03 PM IST
PTI |
Sensex jumps nearly 274 points in early trade; Nifty climbs to 15,873
The 30-share BSE benchmark was trading 273.74 points higher at 53,067.36 in early deals. The broader NSE Nifty gained 91.1 points to 15,873.25.
Updated on May 16, 2022 09:56 AM IST
PTI |
LIC Debut puts millions of small investors' faith to test
Prime Minister Narendra Modi’s government raised $2.7 billion by selling shares in Life Insurance Corporation of India, including to millions of families nationwide that hold LIC policies.
Published on May 16, 2022 08:51 AM IST
Bloomberg |
Adani to become India's second-biggest cement maker with $10.5 bn Holcim deal
Ambuja and ACC have a combined capacity to produce at least 70 million tonnes of cement annually, second to UltraTech Cement which has 120 million tonnes capacity.
Published on May 16, 2022 05:38 AM IST
Reuters |
Egypt's economy loses USD 7 billion due to Russia-Ukraine war
Before the beginning of Moscow's operation in Ukraine, Egypt had been importing 42 per cent of its grains from Russia and Ukraine, Madbouly said, adding that 31 per cent of all tourists visiting the country were also from these two countries.
Published on May 15, 2022 11:41 PM IST
ANI | , Cairo
Crypto world stabilizes after rocky week shakes stablecoins
Crypto assets have been swept up in broad selling of risky investments on worries about high inflation and rising interest rates, but have started showing signs of settling.
Published on May 14, 2022 07:06 AM IST
Reuters |
Twitter CEO after Elon Musk bombshell: 'No one working just to keep lights on'
Elon Musk triggered a spell of uncertainty with his announcment that the $ 44 billion deal would be on hold for now.
Published on May 14, 2022 05:59 AM IST
Goods exports surged 30.7% to $40.19 bn, imports hit $60.3 bn
Taking together goods and services, India’s overall exports in April are estimated at around $67.79 billion, a growth of 38.9% over the same period last year
Updated on May 14, 2022 01:00 AM IST
Rajeev Jayaswal
Tesla puts India entry plan on hold after deadlock on tariffs: Report
The government is pushing Tesla to commit to manufacturing locally before it will lower tariffs, which can run as high as 100% on imported vehicles.
Published on May 13, 2022 04:54 PM IST
Reuters |
Twitter shares slump after Elon Musk says takeover on hold
Tesla CEO Elon Musk said in a statement announcing his deal to buy Twitter last month that he wants to defeat spam bots, authenticate all humans and make its algorithms open source.
Published on May 13, 2022 04:00 PM IST
Bloomberg |
India’s exports in April surged 30.7% as imports jumped by 30.97%
This left a trade deficit of over $20 billion mainly because of surging international oil prices due to the Ukraine war
Published on May 13, 2022 03:48 PM IST
Rajeev Jayaswal
Markets end week in red; Sensex slumps over 130 points, Nifty down 26 points
Among the Sensex firms, State Bank of India, ICICI Bank, NTPC, Bharti Airtel, Bajaj Finserv, Axis Bank and Maruti were the biggest laggards.
Published on May 13, 2022 03:40 PM IST
PTI |
