Digital payments giant PhonePe, backed by Walmart Inc., is preparing to file for an initial public offering (IPO) that could raise up to ₹13,018 crore (approximately $1.5 billion), according to sources familiar with the matter. The IPO is expected to value the fintech firm at around $15 billion, positioning it among India’s most significant tech…
Bajaj Allianz General Insurance has introduced ‘AapKe Liye’, a specialised health insurance plan tailored exclusively for the people of Andaman & Nicobar. This state-specific product is designed to address the region’s unique healthcare landscape, offering personalised coverage based on local hospital infrastructure and affordability. Available in both individual and family floater variants, ‘AapKe Liye’ provides…
Waaree Energies shares rose more than 8 percent during the trading session on Friday on the back of strong buying in the broader markets. Waaree Energies shares rose on Friday as the stock rose more than 8 percent during the trading session on the back of strong buying in the broader markets. The stock has…
New Delhi, June 20: Zinc prices fell 0.34 percent to Rs 252.85 per kg in futures trade on Friday as speculators cut their positions following negative cues from the spot market. Zinc contracts for July delivery on the Multi Commodity Exchange fell 85 paise, or 0.34 percent, to Rs 252.85 per kg in a business…
The Indian rupee appreciated by 14 paise to settle at ₹86.59 against the US dollar on Thursday, supported by steady inflows of foreign capital, easing crude oil prices, and a broadly weaker dollar in global markets. After opening at ₹86.67 at the interbank foreign exchange market, the domestic currency touched an intraday high of ₹86.57…
New Delhi, June 19: Aluminium prices fell by 35 paise to Rs 247 per kg in futures trade on Thursday as participants cut their positions following a weak trend in the spot market. Aluminium contracts for July delivery fell by 35 paise, or 0.14 percent, to Rs 247 per kg on the Multi Commodity Exchange…
Amazon has committed ₹2,000 crore (approximately $233 million) towards expanding and modernizing its logistics and delivery network across India in 2025. The move reinforces the e-commerce giant’s long-term strategy to enhance customer experience and operational efficiency in one of its fastest-growing markets. The investment will support the development of new fulfilment centres, sortation hubs, and…
Speaking at the Kaushal Manthan Regional Workshop organised by the Ministry of Skill Development and Entrepreneurship (MSDE) at Kanha Shanti Vanam, Hyderabad, Hon’ble Minister of State (Independent Charge) for Skill Development and Entrepreneurship, Shri Jayant Chaudhary called for a shift away from rigid, one-size-fits-all approaches in skilling. “Skill development cannot have prescriptive templates,” he said….
Shares of BSE plunged 6.2% to an intraday low of ₹2,500 on the NSE on Wednesday, June 18, following SEBI’s approval for the National Stock Exchange (NSE) to shift its weekly equity derivatives expiry from Thursday to Tuesday, effective September 1, 2025. To avoid overlapping expiry dates, SEBI has directed BSE to move its Sensex…
New Delhi, June 17: Silver prices rose by Rs 306 to Rs 1,06,870 per kg in futures trade on Tuesday as participants increased their bets. At the Multi Commodity Exchange, silver contracts for July delivery rose by Rs 306, or 0.29 percent, to Rs 1,06,870 per kg in a business turnover of 16,885 lots. Analysts…
