Stock Market Live Updates: Sensex plunges over 500 points, Nifty slips below 24,100 as US-Iran tensions escalate

Stock Market Live Updates: Sensex plunges over 500 points, Nifty slips below 24,100 as US-Iran tensions escalate

Stock Market Live Updates: Indian benchmark indices extended their losses in early trade on Tuesday, with the BSE Sensex tumbling 552.99 points to 77,063.41, while the NSE Nifty50 declined 160.45 points to 24,050.55. This comes after the market closed flat on Monday after recovering from sharp intraday losses, supported by a rally in IT stocks…

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Finance minister Niramala Sitharaman tells banks: Devise ways to sustain foreign currency deposits

Finance minister Niramala Sitharaman tells banks: Devise ways to sustain foreign currency deposits

File photo: Finance minister Nirmala Sitharaman NEW DELHI: Finance minister Nirmala Sitharaman on Monday asked banks to enhance outreach to NRIs and introduce “innovative deposit products” to sustain the momentum of foreign currency deposits.Sitharaman met representatives of public sector banks and public financial institutions along with senior officials from the finance ministry as she reviewed…

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Renewable energy boost: Aditya Birla Group to buy Shell-backed Sprng Energy; deal worth $1.8 billion

Renewable energy boost: Aditya Birla Group to buy Shell-backed Sprng Energy; deal worth $1.8 billion

The final equity payment to Shell will be calculated after taking into account adjustments related to debt, cash and other items outlined in the transaction agreements. (AI image) Aditya Birla Renewables Ltd (ABRen), the renewable energy arm of Grasim Industries, has entered into an agreement to acquire Sprng Energy from Shell Overseas Investment BV in…

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