Stock Market News Updates

Indian companies saw their debt levels rising to Rs36.63 trillion in FY23, largely driven by capex. Vodafone Idea had the biggest interest cost of Rs23,354 crore for FY23 followed by...

The first half of 2023 saw a sharp spike in Indian companies raising funds from foreign sources. The fund raising was up 12% at $9.7 billion. The fundraising was led...

It is official now; the merger of HDFC into HDFC Bank will be effective July 1, 2023. Announcing the dates, HDFC Ltd chairman Deepak Parekh said that the boards of...

Lenders of Go First have approved an interim funding of $55 million or nearly Rs450 crore to support the resumption of services by the airline. The airline is currently under...

Adani group is looking to grow EBITDA to Rs90,000 crore over next 2-3 years after it completed its loan repayment program. The company had faced a trial of trust after...

Trouble appears to be brewing at Byju’s  with their statutory auditors, Deloitte Haskins & Sells, resigning over the delay in filing financial results. Byju’s is yet to publish financial results...

Go First, the airline owned by the Wadia group which is currently under bankruptcy protection, has now asked the committee of creditors for additional funds to resume operations. This was...

In what could go down as one of the biggest aviation orders in history, Indigo Airlines has placed order for 500 Airbus A320 Family aircraft on Day-1 of the Paris...

In its reply to SAT, the regulator (SEBI) has asked for the case against Zee promoters to be speeded up. As per the SEBI order, there had been a flagrant...

Reliance Industries is in talks with lenders for a foreign-currency loan of $2 billion to bankroll its expansion plans. Reliance plans to use the ECB route to raise funds with...

Zurich Insurance Group is in advanced talks to buy up to 51% in the general insurance arm of Kotak group. The early stage valuation of the general insurance business has...

US consumer inflation came in 90 bps lower at 4% for May 2023. Coming a day ahead of the Fed monetary policy announcement, it almost paves the way for a...

CPI inflation for the month of May 2023 fell to a 2-year low of 4.25%, very close to the RBI target rate of 4%. This was largely led by food...

For the week ended June 09, 2023, six out of the ten most valuable companies by market cap on NSE saw combined erosion of Rs83,638 crore. TCS took the biggest...

On a day when the RBI held status quo on repo rates in its monetary policy, the BSE Sensex closed 294 points lower while the Nifty was 92 points lower....