The domestic equity barometers ended a tad above the flat line after a volatile session on Tuesday. Negative global cues triggered profit selling in domestic shares. PSU banks, FMCG and auto shares were in demand. On the other hand, realty, IT and financial services shares were under pressure. The barometer index, the S&P BSE Sensex, was up 20.86 points or 0.04% to 58,136.36. The Nifty […]
Sterlite Technologies has launched a comprehensive suite of optical connectivity solutions to empower Indias 5G readiness. With initial rounds of spectrum auctions taking place, India is at a key point in its 5G connectivity and is expected to have ~200mn 5G subscribers by 2025. The industry requires state-of-the-art optical products that can make 5G deployment quick, easy and cost-effective. Powered by Capital Market – Live […]
Business Wire IndiaBangalore-based start-up, VOIZ – a marketplace for gig work professionals has raised seed funding of Rs ~15 crores ($ 2 million) led by Omidyar Network India with participation from other investors. The company will use the funds to scale up its technology, on-board more talent on the platform, and expand their market presence. Founded by Rajesh Bernard, Vineet Patil, and Sandeep Nyamati, […]
Reliance Industries (RIL), HDFC Bank and ITC were the top traded contracts.
At meeting held on 02 August 202
Energy giant British Petroleum or BP2 reported a 4% year-on-year increase in overall output to 2.2 million b/d of oil equivalent, comprising a 7% increase in gas production to 1.15 million boe/d, while oil output remained flat at 1.05 million b/d. Its oil output increased in the North Sea and the US, including shale, while declining elsewhere. BP expects oil prices to remain elevated in […]
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