The company plans to use funds raised through the fresh issuance for new technology development and cloud infrastructure, lease payments for its offices, marketing activities, and general corporate purposes. File. | Photo Credit: Reuters Shares of app-based beauty and home services platform Urban Company Ltd on Wednesday (September 17, 2025) listed with a premium of…
Image for representational purposes only. | Photo Credit: Reuters The rupee appreciated 25 paise to close at 87.84 (provisional) against U.S. dollar on Wednesday (September 17, 2025), tracking a positive trend in domestic equities and supported by optimism over U.S.–India trade negotiations. Forex traders said the Indian rupee strengthened for the fourth consecutive session on…
Image for representational purposes only. | Photo Credit: PTI Benchmark indices Sensex and Nifty rose for the second day on Wednesday (September 17, 2025) on buying in IT, banking, and auto shares by investors enthused by positive day-long discussions with the visiting U.S. team on a bilateral trade deal. The 30-share BSE Sensex edged higher…
The dollar index, which gauges the greenback’s strength against a basket of six currencies, was trading at 96.73, higher by 0.11%. File | Photo Credit: Reuters The rupee appreciated 28 paise to 87.81 against the U.S. dollar in early trade on Wednesday (September 17, 2025), tracking the broad decline in the greenback amid hopes of a…
Representational image of gold jewellery | Photo Credit: Reuters Gold prices climbed ₹119 to trade near a record high of ₹1,10,298 per 10 grams in the domestic futures market on Tuesday (September 16, 2025), tracking strong global cues as investors positioned ahead of an expected US Federal Reserve rate cut this week. On the Multi…
A man walks past the Bombay Stock Exchange (BSE) building, in Mumbai. | Photo Credit: PTI Stock markets rebounded on Tuesday (September 16, 2025), with the benchmark Sensex climbing nearly 595 points, amid hopes of a positive outcome from the India-U.S. trade talks. The 30-share BSE Sensex jumped 594.95 points or 0.73% to settle at…
Image for representational purposes only. | Photo Credit: Reuters The rupee appreciated 8 paise to close at 88.08 (provisional) against the U.S. dollar on Tuesday (September 16, 2025), tracking U.S.-India talks on the proposed trade agreement to iron out issues in the wake of steep Trump Tariffs. Forex traders said the rupee strengthened on positive…
At the interbank foreign exchange market, the rupee opened at 88.05 against the U.S. dollar, then touched 88.04, registering a gain of 12 paise from its previous close. File | Photo Credit: Reuters The rupee appreciated 12 paise to 88.04 against the U.S. dollar in early trade on Tuesday (September 16, 2025) as investors are awaiting…
The 30-share BSE Sensex went up by 93.81 points to 81,998.51 in early trade. File. | Photo Credit: Reuters Benchmark equity indices Sensex and Nifty recorded marginal gains in early trade on Monday (September 15, 2025) but later faced highly volatile trends and were quoting flat amid profit-taking after a sharp rally last week. Markets…
Markets regulator Securities and Exchange Board of India’s (SEBI)‘ decision to classify Real Estate Investment Trusts (REITs) as “equity” for investments by mutual funds is a progressive step that will widen investors’ participation and strengthen this instrument. To enhance investment by Mutual fund schemes in REITs, the SEBI Board last week approved the amendments to…
