BENGALURU: Tata Power inaugurated Mumbai’s first premium MegaCharger hub near the city airport on Tuesday, adding to its 1,000-plus charging points in the city. The facility, developed with Tata Passenger Electric Mobility, features eight fast DC chargers with 16 bays, aiming to cut wait times for private and fleet EV users. However, as infrastructure expands,…
What to know about Larry Ellison co-founded firm’s sudden rise On Wednesday, Oracle stunned Wall Street when its shares surged 36% in a single day, the company’s biggest one-day gain since 1992. The rise followed its announcement of a series of multibillion-dollar deals in artificial intelligence (AI) cloud infrastructure, including a landmark agreement with OpenAI….
Silver rate today: Silver prices surged to an all-time high on Friday, climbing Rs 1,668 to touch Rs 1,30,000 per kilogram in the domestic futures market, as investors bet strongly on a possible US Federal Reserve rate cut next week.On the Multi Commodity Exchange (MCX), silver futures for March 2026 delivery rose by Rs 1,668…
Gold rate today: Gold and silver prices surged to record levels on Friday, buoyed by strong global demand and rising expectations of an interest rate cut by the US Federal Reserve next week. In the national capital, 99.9% purity gold touched Rs 1,13,800 per 10 grams, while silver crossed Rs 1,32,000 per kilogram, according to…
MUMBAI: Sebi on Friday unveiled reforms easing minimum dilution norms for IPO-bound companies, and creating a single-window system for low-risk foreign investors like sovereign wealth funds, central banks, and retail funds, eliminating repeated paperwork.The relaxation comes amid rising foreign outflows, driven by steep US tariffs, weak earnings and rich valuations. Overseas investors have withdrawn $11.7…
The Securities and Exchange Board of India (Sebi) on Friday approved a series of reforms aimed at strengthening India’s capital markets, including relaxed IPO norms for very large companies, streamlined access for foreign investors, and a revised framework for anchor investors in public issues. The decisions came during the third board meeting chaired by Sebi…
India is set to emerge as the world’s next manufacturing powerhouse, and policy stability will be crucial to realise this potential, Maruti Suzuki India MD and CEO Hisashi Takeuchi said on Friday. Speaking at the annual convention of the Automotive Component Manufacturers Association of India (ACMA), Takeuchi highlighted the country’s unique strengths and opportunities amid…
India’s capital markets regulator Sebi on Friday approved a wide range of reforms to expand market participation, simplify processes and enhance investor protection. The decisions were taken at its board meeting, with measures spanning IPO norms, foreign investor access, mutual funds, and oversight of market intermediaries, PTI reported.Key highlights of Sebi’s decisions: Easier IPO route…
US President Donald Trump has levied an additional 25% duty on Indian imports to pressure India to stop buying Russian oil. (AI image) The United States Treasury has urged its G7 and European Union partners to levy “meaningful tariffs” on Chinese and Indian imports to counter their Russian oil acquisitions. The US Treasury has organized…
India’s equity valuations are trading marginally below their historical averages but continue to remain expensive compared with regional peers, raising concerns amid slowing earnings growth.The benchmark Nifty currently trades at a price-to-earnings (PE) ratio of 21.97 times, lower than its five- and 10-year averages of 24.4 and 24.8, respectively. In contrast, Hong Kong’s Hang Seng…
