Stock market updates LIVE: India’s benchmark indices erased initial losses and were trading slightly higher in morning trading in the volatile session on Thursday, ahead of the expiration of weekly options. The S&P BSE Sensex was trading around 51,450 levels, up 150 points, while the broader Nifty50 index hovered around …
Read More »New cluster at Chennai hotel, 85 test positive for Covid in two weeks | Chennai News
CHENNAI: Greater Chennai Corporation ordered ITC Grand Chola not to hold banquets, events and meetings after 85 people, including employees and guests, tested positive for Covid-19 in the past 15 days. Civic authorities have recommended saturation testing of all hotel employees, guests and residents. This is the second group reported …
Read More »New cluster at Chennai hotel, 85 test positive for Covid in two weeks | Chennai News
CHENNAI: Greater Chennai Corporation ordered ITC Grand Chola not to hold banquets, events and meetings after 85 people, including employees and guests, tested positive for Covid-19 in the past 15 days. Civic authorities have recommended saturation testing of all hotel employees, guests and residents. This is the second group reported …
Read More »Seven of the 10 most valued companies lose 59,260 cr in accumulated market valuation
NEW DELHI : Seven of the top 10 national companies experienced a combined erosion of ₹59,259.58 crore in its market valuation last week, with Hindustan Unilever, HDFC Bank and Kotak Mahindra Bank emerging as the main laggards. The seven companies that posted losses in their market capitalization (m-cap) were Hindustan …
Read More »HCL Tech Enters India’s Top 10 Most Valuable Listed Companies List
HCL Technologies Ltd on Thursday replaced ITC Ltd, India’s largest cigarette maker, to become the 10th most valued company in the country by market capitalization on BSE. According to BSE, the market capitalization of HCL Technologies stood at ₹2.21 trillion, with its shares trading at a record ₹810.95 in the …
Read More »ITC assesses the ‘alternative structure’ of the hotel business for value creation
Diversified conglomerate, ITC, will examine an “alternative structure” for its hotel business. Answering questions about the company’s restructuring plans, ITC President Sanjiv Puri said in a media interaction that the firm is focusing on an asset rights strategy and will seek some alternative structuring vehicles for the creation of value. …
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