Business

Hyderabad-based Megha Engineering & Infrastructure (MEIL), the second-largest buyer of electrical bonds worth Rs 966 crore and facing charges, has put its gas distribution business up for sale as it is struggling to meet targets. Wholly-owned subsidiary Megha City Gas Distribution (MCGDPL) has decided to consolidate operations, following which it …

There has been a new development in the case of GoFirst, which was already in crisis and declared bankrupt. Nishant Pittie, CEO of travel portal EasyMyTrip, has now announced that he is withdrawing the bid, more than three months after placing a joint bid for GoFirst. He has decided to …

30 mins ago Business The heat in the country is setting new records. As the temperature rises, the prices of power sector stocks also rise. Therefore, power stocks have now become the first choice for investors in the stock market. India and especially …

Changes in rules from June 1: There are only a few days left at the end of May. From June 1, there will be changes in the prices of many things and changes in the rules, which can have a direct impact on your pocket. This includes everything from LPG …

33 seconds ago Business The business rivalry between Mukesh Ambani and Sunil Mittal is now intensifying in the country and abroad. Sunil Mittal's telecom company Airtel is eating the dust in Africa, while now Mukesh Ambani's telecom company Jio is trying its best …

New Delhi: Currently no series of sovereign gold bonds are available for subscription. But those who have a demat account can buy sovereign gold bonds in the secondary market. But at the moment these sovereign gold bonds are available at a premium. However, in March and April these bonds were …

Mumbai: India is expected to have a trade deficit with nine of its top ten trading partner countries in FY 2023-24. These nine countries include China, Russia, Singapore and Korea. According to government data, the trade deficit with China, Russia, Korea and Hong Kong has increased in FY 2023-24 compared …

Ahmedabad: Due to uncertainty over the Lok Sabha election results and strong performance of Chinese markets, foreign portfolio investors (FPIs) have pulled out rupees. A huge amount of Rs 22,000 crore has been withdrawn. Earlier, FPIAs had withdrawn from equities in April amid concerns over changes in India's tax treaty …

Mumbai: Gold and silver prices in Mumbai's jewelry market rose again after facing a setback. As the world market rose, domestic import costs again increased and this led to new sales being stopped in the jewelry markets. In Ahmedabad's jewelry market today, gold prices rose by Rs 400 per 10 …

Mumbai: With the Lok Sabha elections now in their final phase, Indian stock markets have hit a new record high on hopes of a strong stable government at the Centre. Funds registered big intra-day gains on index-based indices ahead of the June 4 election results, with corporate results encouraging strong …