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PharmEasy-Owned Thyrocare To Exit Radiology, Sell Nueclear Healthcare For Rs.141 Cr

India, Sept. 21 -- PharmEasy-owned diagnostic chain Thyrocare Technologies has approved the sale of its entire stake in wholly owned subsidiary Nueclear Healthcare Ltd (NHL) to Trovera Healthcare for ... Read More


India's defence push draws former govt scientists, repeat founders into startups

New Delhi, Sept. 21 -- India's push for defence indigenisation and the opening of its space sector to private players are prompting former government scientists and second-time entrepreneurs to launch... Read More


Rupee volatility likely to persist; possible consolidation around 95.20-95.30: Experts

Mumbai, Sept. 21 -- The Indian rupee opened weaker on Monday, with analysts maintaining a cautious near-term outlook and warning that a sustained move above 96 against the US dollar could trigger furt... Read More


Four hours at Bombay House: How five Tata Sons directors outflanked Noel Tata

Mumbai and Bengaluru, Sept. 21 -- Last Thursday in Mumbai, the Tata Sons boardroom was tense. The much-anticipated meeting wrapped up earlier than planned, lasting only about three hours. At first, it... Read More


'CMF becomes Indian': Carl Pei announces Nothing's India spin-off with local R&D and global ambitions

New Delhi, Sept. 21 -- Nothing CEO Carl Pei on Monday, September 21, announced that CMF will be spun out of Nothing and become a standalone Indian company. The new entity will be majority Indian-owned... Read More


INR rebounds as oil prices retreat from their elevated levels

Mumbai, Sept. 21 -- The Indian rupee appreciated 15 paise to close at 95.81 (provisional) against the US dollar on Monday as crude oil prices retreated from their elevated levels on improved global ri... Read More


Sensex soars 564 pts, Nifty rises for 4th day on cooling oil prices & fresh foreign fund inflows

Mumbai, Sept. 21 -- Benchmark stock index Sensex climbed 564 points while the Nifty rose for the fourth consecutive session on Monday, supported by cooling crude oil prices, fresh foreign fund inflows... Read More


RBI issues Basel III norms on banks' market risk capital needs

Mumbai, Sept. 21 -- Banks will not be allowed to reclassify instruments between trading book and banking book for regulatory arbitrage with the intention of achieving lower capital requirements, accor... Read More


Rupee rises 18 paise to 95.78 against US dollar

Mumbai, Sept. 21 -- The rupee appreciated 18 paise to close at 95.78 against the US dollar on Monday as crude oil prices retreated from their elevated levels on improved global risk sentiment amid exp... Read More


Is it the right time to buy HDFC Bank shares? Stock gains 4% in September, set to snap 2-month losing run

New Delhi, Sept. 21 -- After hitting a 52-week low of Rs.682 on 11 September, HDFC Bank shares have rebounded, raising questions: Is it the right time to buy the stock, or is it just a technical rebou... Read More