Business

Shares of billionaire Gautam Adani’s Adani Ports And Economic Zone fell as much as 3.6% on Monday, as investors grew wary over possible escalation of a conflict in Israel, where the company owns a major port.

Adani operates the Haifa Port in northern Israel along with a local company after it completed its purchase for 4 billion shekels ($1.03 billion) in January.

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By Manojh Vayalar

The February series Nifty futures started with a premium of around 150 points. The Nifty rolled around 81% and Bank Nifty around 77%. For the Index futures, FII have reduced their long positions to 22% from 70% since the start of the January series.

The Index is now likely to continue trading with a positive bias keeping 21500 as the pivot for the ser…

The aggregate market capitalisation of India’s public sector undertakings (PSUs) has surpassed ₹50 lakh crore, marking an unprecedented milestone driven by the robust performance of state-owned firms across various sectors. The PSUs’ exceptional performance is reflected in the stock prices of 23 companies, with their values soaring over two-fold in the year 2023.

Leadi…

Bhavish Aggarwal’s OLA Electric filed papers with the markets watchdog said that the company will open its issue to investors on August 02. The company will collect a whopping Rs 6,145.56 crore through offering fresh shares as well as an offer for sale. The issue will close on August 06.

Issue Size

The company wants to raise a sum of Rs 6,145.56. Out of this, OLA Ele…

Rising for the second straight session, the rupee climbed 10 paise to settle at 82.73 (provisional) against the US dollar on Thursday, tracking a weak American currency against major crosses overseas and a positive trend in equity markets.

Besides, foreign fund inflows and falling crude oil prices boosted the local currency, forex traders said.

At the interbank foreign e…

Capital markets regulator Sebi has ordered the defreezing of bank accounts as well as share and mutual fund holdings of Rana Kapoor, former MD and CEO of Yes Bank. Kapoor has been in jail since March 2020 in connection with the DHFL money laundering case.

The markets regulator, in July, sent a notice to Kapoor asking him to pay Rs 2.22 crore in a case of misselling the private secto…

Actor Ryan Reynolds has responded to the rumors that Taylor Swift might be in Deadpool 3 and discussed how Disney buying the Deadpool series led to a change in filming locations for the movie.

Speaking to the Vancouver Sun, Reynolds said with a laugh about the Swift rumor, “Yeah, I’ve heard that one.” He went on to say that he loves all the gossip and rumors swirling around Deadpool 3.Read more

The Callisto Protocol isn’t an easy game–it can pose quite the challenge even on its easiest difficulty, actually. As such, you’ll want to have as many weapons as possible at your disposal as you make your way through hoards of enemies, which means exploring for missable schematics that can let you craft new guns. One early game schematic is for the Skunk Gun, and missing this one could have a…

Although FOX Bet, a mobile sports wagering platform, has halted accepting wagers in New Jersey officially starting on July 31 as its owner Flutter Entertainment wants to close the sportsbook due to low market share, the Division of Gaming Enforcement (DGE), New Jersey’s gambling regulator, still isn’t done with the aforementioned sportsbook yet, fining it $80.000 for taking bets on …

Century Entertainment International Holdings, a Hong Kong-listed gaming investor, is preparing to launch its new VIP gaming business in Cambodia by early September, following a challenging financial year that ended on March 31, 2024.

Strategic shift and operational update:

Formerly known as Amax International and previously engaged in Macau’s junket industry, Century Entert…