Day: January 11, 2022

Market capitalisation of BSE-listed companies at fresh lifetime high of over Rs 275.2 trillion

NEW DELHI: The market capitalisation of the BSE-listed companies reached a fresh lifetime high of over Rs 275.20 lakh crore on Tuesday, driven by a continuous rally in the equity market. The 30-share BSE benchmark continued its winning run for the third consecutive session on Tuesday. It gained 221.26 points or 0.37 per cent to […]

Delhi: DLF sells properties worth Rs 1,500 crore in new luxury housing project

NEW DELHI: Realty major DLF Ltd on Tuesday said it has sold properties worth Rs 1,500 crore in its newly launched housing project at Moti Nagar in the national capital, reflecting strong demand for luxury apartments. On Friday, DLF launched its luxury housing project ‘ONE Midtown’ comprising 913 units, at Shivaji Marg in Moti Nagar, […]

Supreme Court of India reserves verdict on pleas of Future group firms

NEW DELHI: The Supreme Court of India on Tuesday reserved verdict on a batch of pleas filed by Future group firms against a Delhi High Court order declining stay on an arbitration tribunal decision refusing to interfere with the Emergency Award (EA) of the Singapore International Arbitration Centre (SIAC). We reserve the order. All the […]

Amazon writes to Future; confirms Samara Capital ready to invest Rs 7,000 crore

NEW DELHI: Amazon has written to independent directors of Future Retail Ltd (FRL), confirming that Samara Capital “remains interested and committed” to invest Rs 7,000 crore for buying all retail assets of the debt-ridden company and asked the retail firm to furnish existing due diligence reports to Samara by Sunday, according to sources. On January […]

India’s exports up 33 per cent to $7.63 billion during January 1-7 period

NEW DELHI: India’s exports grew 33.16 per cent to USD 7.63 billion during January 1-7 period on account of healthy performance by various sectors, including engineering, petroleum and gems and jewellery, according to preliminary data from the commerce ministry. Exports stood at USD 5.73 billion during the same period last year. During the first week […]

Foxconn to resume operations at Tamil Nadu plant; facility under probation by Apple

NEW DELHI: Apple supplier Foxconn Technology Group on Monday said it has implemented a range of corrective actions and will start bringing back team members gradually to the Sriperumbudur factory, which was shut down last month following a mass food-poisoning incident at the plant’s offsite dormitory facility. The factory located on the outskirts of Chennai […]

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