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Sensex rises 375 points to 59,161 in opening session; Nifty trades at 17,606
- The 30-share index surged 375.30 points or 0.64 per cent to 59,161.97 in opening trade. Similarly, the Nifty rose 94.75 points or 0.54 per cent to 17,606.05.
Updated on Dec 13, 2021 10:12 AM IST
MedPlus Health IPO to open today: All you need to know
- A bidder will be able to apply for the MedPlus Health IPO in lots. One lot of the MedPlus Health IPO comprises 18 company shares and one bidder can apply for a minimum of one lot and a maximum of 13 lots.
Updated on Dec 13, 2021 08:36 AM IST
Centre planning to hike DA for its employees on New Year: Reports
According to HT's sister publication Live Hindustan, the Centre is once again planning to hike the dearness allowance (DA) of its employees under the 7th pay commission. This time, the central government employees will get a 3 per cent increase in their DA and the increase in salary can be as much as ₹20,000.
Published on Dec 13, 2021 08:15 AM IST
Written by Harshit Sabarwal | Edited by Meenakshi Ray, New Delhi
After firing 900 via Zoom call, Better.com CEO steps back with immediate effect
Garg, who has come under fire following his actions at Better.com, said earlier this week he "blundered the execution" of communicating the layoffs.
Published on Dec 11, 2021 08:32 AM IST
hindustantimes.com | Written by Meenakshi Ray
US consumer inflation up by 6.8% in past year, highest in 40 years
- The Labor Department also reported Friday that prices rose 0.8% from October to November — a substantial increase, though slightly less than 0.9% increase from September to October.
Published on Dec 10, 2021 10:46 PM IST
AP | , Washington
Apple HomePod Mini gets cool colours, lossless audio is the big draw
For a compact speaker (it is just 8-centimeters tall), this does make for a pleasant first impression
Published on Dec 10, 2021 04:40 PM IST
MSME credit scheme may be extended to help small units tide over pandemic
The Emergency Credit Line Guarantee Scheme (ECLGS), which ends on March 31, 2022, could be extended in the next financial year as several small firms, particularly in the services sector, still need such liquidity support
Published on Dec 10, 2021 04:24 PM IST
Rajeev Jayaswal
Sensex sees drop of 20.46 pts to end day at 58,787, Nifty closes at 17,511
- Titan was the top loser in the Sensex pack, shedding over 1 per cent, followed by HDFC, Axis Bank, Kotak Bank and Tech Mahindra.
Updated on Dec 10, 2021 05:21 PM IST
PTI | | Posted by Sharangee Dutta, Hindustan Times, New Delhi
Hurun India 500 list: Check top 5 employers of India
- Data revealed the IT giant employed over 5.06 lakh people (5,06,908), followed by Quess Corp with over 3.6 lakh employees (3,63,136).
Updated on Dec 10, 2021 02:31 PM IST
Metro Brands IPO opens today: All you need to know
- The company, backed by Rakesh Jhunjhunwala, is aiming to raise ₹1,367.51 crore from this public issue— ₹295 crore from fresh issue and ₹1,072.51 crore from the offer for sale or OFS.
Published on Dec 10, 2021 10:29 AM IST
Shaktikanta Das to start his extended 3-year tenure as RBI governor
During his ongoing role as the central bank's governor, Das played a crucial role in steering the Indian economy amid the coronavirus disease (Covid-19) pandemic.
Updated on Dec 10, 2021 07:22 AM IST
Written by Harshit Sabarwal | Edited by Meenakshi Ray, New Delhi
‘ESG framework must for organisations to mitigate risks of climate change’
Many companies have been following innovative and sustainable pathways towards long-term business sustainability, forming an inherent connection between the people, planet, and profit.
Published on Dec 09, 2021 10:04 PM IST
Avik Roy, New Delhi, Hindustan Times
Sensex closes 157 points higher at 58,807, Nifty ends at 17,516
The 30-share index ended 157.45 points or 0.27% higher at 58,807.13. Similarly, the NSE Nifty rose 47.10 points or 0.27% to 17,516.85.
Published on Dec 09, 2021 03:50 PM IST
PTI | , Mumbai
How close are we to unlocking 5G on our phones? Taking stock of India’s 5G map
It is expected that India will clock the second-highest global consumption of mobile data per month by 2027; 50GB per month on average, up from the existing monthly average of 12GB
Published on Dec 09, 2021 02:43 PM IST
Sensex rises 215 points to 58,864 in opening session; Nifty trades at 17,530
- The 30-share index opened over 200 points higher, but soon turned negative and was trading 38.52 points or 0.07 per cent lower at 58,611.16 in initial deals.
Updated on Dec 09, 2021 10:14 AM IST
PTI |
Markets rally to end day; Sensex settles at 58,650, Nifty closes at 17,470
Bajaj Finance was the top gainer in the Sensex pack, rising around 4 per cent, followed by Maruti, SBI, Bajaj Finserv, Sun Pharma and Asian Paints.
Published on Dec 08, 2021 03:39 PM IST
PTI | , Mumbai
RBI keeps key rates unchanged to spur economic recovery
The repo rate stands unchanged at 4% whereas the reverse repo rate remains at 3.35%. The marginal standing facility (MSF) and the Bank Rate also remain unchanged at 4.25%.
Published on Dec 08, 2021 12:44 PM IST
Zia Haq, Hindustan Times, New Delhi
Woonkly gives social media a unique NFT twist and potential metaverse links
Post a photo, video, audio file or a piece of art, as you would on social networks you’ve known all along and once you do, Woonkly will convert the post into an NFT, or a non-fungible token
Published on Dec 08, 2021 11:11 AM IST
Better.com CEO, who fired employees over Zoom call, issues apology: Reports
Vishal Garg, in an email to the remaining staffers, wrote that while he owns his decision, he blundered in the way it was communicated.
Published on Dec 08, 2021 10:32 AM IST
hindustantimes.com, New Delhi
Sensex zooms over 700 points in early trade; Nifty tops 17,350
HCL Tech was the top gainer in the Sensex pack, rising over 2 per cent, followed by Infosys, Bharti Airtel, Tech Mahindra, L&T, Reliance Industries and ICICI Bank.
Updated on Dec 08, 2021 10:10 AM IST
PTI |
Repo rate, reverse repo rate remain unchanged amid Omicron threat
The projection for real GDP growth is retained at 9.5% for the remaining of the financial year, including 6.6% is Q3 and 6% in Q4. Real GDP growth is projected at 17.2% in Q1 of 2022-23 and at 7.8% for Q2.
Published on Dec 08, 2021 10:04 AM IST
hindustantimes.com | Written by Poulomi Ghosh
RBI policy review amid Omicron scare: Key rates likely to remain unchanged
RBI had changed the key lending rates in May 2020 when it slashed to rate to a historic low to support the economy reeling under the impact of the pandemic. Since then, the rates have remained unchanged.
Published on Dec 08, 2021 08:32 AM IST
hindustantimes.com | Written by Poulomi Ghosh
UAE moves to four-and-half day work week to align better with global markets
- The oil-producing Gulf state, the region's commercial, trade and tourism hub, currently has a Friday-Saturday weekend. From January 1, 2022, however, the weekend will start on Friday afternoon, including for schools, a government circular said.
Published on Dec 08, 2021 12:07 AM IST
Reuters | | Posted by Sharangee Dutta, Hindustan Times, New Delhi
Madras High Court orders winding up of SpiceJet over outstanding dues
The airline said the court has stayed the order for a period of three weeks, subject to the condition that it deposits the amount equivalent to $five million within two weeks. SpiceJet said it shall initiate appropriate remedial steps, including preferring an appeal.
Published on Dec 07, 2021 07:26 PM IST
PTI | | Posted by Sharangee Dutta, Hindustan Times, New Delhi
Audio-Technica ATH-IEX1: Sound signature worth the splurge
The Audio-Technica ATH-IEX1 are surprisingly lightweight too, and very comfortable to wear even for hours at a stretch
Published on Dec 07, 2021 04:47 PM IST
Better.com CEO, founding partner of One Zero Capital: Vishal Garg who fired 900
Vishal Garg dropped out of the investment banking analyst program at Morgan Stanley and started MyRichUncle, which became the second-largest private student lender in the US.
Published on Dec 07, 2021 03:59 PM IST
hindustantimes.com | Written by Meenakshi Ray, New Delhi
Sensex advances 887 points to settle at 57,634; Nifty rises 264 points to close at 17,177
Tata Steel was the top gainer in the Sensex pack, advancing nearly 4 per cent, followed by Axis Bank, ICICI Bank, Kotak Bank, SBI and Bajaj Finance.
Published on Dec 07, 2021 03:40 PM IST
PTI | , Mumbai
RateGain Travel IPO: Retail portion subscribed fully on Day 1
RateGain Travel Technologies has decided to allocate 14,090,136 equity shares to 34 anchor investors at ₹425 apiece, valuing the transaction size to ₹598.83 crore.
Published on Dec 07, 2021 12:26 PM IST
hindustantimes.com | Written by Meenakshi Ray, New Delhi
19 of 22 economic indicators at levels higher than during pre-Covid times: Govt
Among these 19 High Frequency Indicators (HFIs), the improvement in some is at way more than 100 per cent, officials said.
Published on Dec 07, 2021 10:20 AM IST
hindustantimes.com, New Delhi
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