Swiggy Ltd said it has received a modified licence from the Food Safety and Standards Authority of India (FSSAI) after addressing observations that had led to a prohibition order issued earlier this week concerning its food ordering and delivery platform, Toing. In an exchange filing on Friday, July 10, the company said it had received…
Construction engineering company Ashoka Buildcon Ltd on Friday (July 10) said it has entered into a settlement agreement with the National Highways Authority of India (NHAI), bringing to a close proceedings arising from a show-cause notice issued on November 26, 2025. The company said the settlement follows its earlier disclosures made on November 27, 2025,…
The Nuwal family, promoters of Nagpur-based Solar Industries India Ltd, has emerged among India’s wealthiest promoter groups after the value of its 73.1% stake in the company climbed to nearly ₹1.2 lakh crore. The surge follows a sharp rise in Solar Industries’ market capitalisation to around ₹1.6 lakh crore, driven by strong growth in its…
India’s National Stock Exchange (NSE) will pitch its initial public offering (IPO) to over 30 global investors this month as a bet on the country’s rapid financial expansion and growing capital-market participation, according to two sources and an investor presentation reviewed by Reuters. India’s largest and world’s most active derivatives exchange filed draft papers for…
Sarmeeli Mallick is a senior journalist with nearly a decade of experience in digital journalism. With a master’s degree in Journalism and Mass Communication from Utkal University, Bhubaneswar, she has a proven track record of impactful reporting, having filed over 19,000 news stories since beginning her career in May 2016. Her diverse background, rooted in…
He further stated the Nifty 50 closed at 24,208.80, up 246.00 points (+1.03%). The index has reclaimed the 24,200 mark, with immediate support placed around 24,100–24,050, followed by 23,950. On the upside, resistance is seen near 24,300–24,400. A sustained move above this zone could pave the way for further upside in the coming sessions. Source…
Artificial intelligence (AI) spending will remain the key factor driving global markets, and India is likely to come back into focus as growth in AI-related investments begins to moderate, according to Prashant Paroda, Portfolio Manager–Emerging Markets at Allspring Global Investments. “The bigger question with AI is how much that $1 trillion of spending can scale…
Shares of Wheels India Ltd. gained nearly 5% on Friday, July 10, after the company said it is looking at raising up to ₹400 crore via qualified institutional placement (QIP) and /or other securities. The company informed the exchanges that its board has approved the fund raise via preferential allotment, including QIP. The same is…
Bank of Maharashtra reported its results for the June quarter on Friday, July 10. Net interest income (NII), or core income, rose 14.5% year-on-year to ₹3,770 crore from ₹3,292 crore in the corresponding quarter last year. Net profit increased 26.8% to ₹2,020 crore, compared with ₹1,593 crore a year ago. On the asset quality front,…
Nifty IT Today: IT index rose over 2 per cent on July 10, led by midcap stocks. (Image: ET Now) Nifty IT, an index that tracks the performance of the top 10 listed IT stocks in India, rose over 2 per cent in today’s (July 10) trading session after IT giant TCS kicked off the…
