In a landmark move reshaping India’s entertainment industry, Reliance Industries and The Walt Disney Company have merged their streaming services, JioCinema and Disney+ Hotstar, to launch a unified platform named JioHotstar. This strategic alliance, valued at roughly $8.5 billion, positions JioHotstar as a formidable contender in the nation’s burgeoning over-the-top (OTT) market. Merger Details and Ownership Structure …
The stock market has recently been marked by volatility, with a significant downward correction of nearly 12% from its all-time highs. On Monday, February 17, 2025Dalal Street saw a struggle, as the Sensex dropped almost 700 points, while the Nifty slid by nearly 200 points. Despite some recovery later in the day, the Sensex remained …
The Nifty Financial Services Index (FINNIFTY), which tracks the performance of financial sector stocks including banks, housing finance, insurance, and other financial services, ended the trading session on February 17, 2025, with gains of 0.36%. Despite dipping below 23,000 intraday, the index recovered from lower levels, closing at 23,271, up 84 points from the previous …
The Nifty Smallcap 100 Index represents the performance of the small-cap segment in the Indian stock market. It comprises 100 tradable stocks listed on the National Stock Exchange (NSE) and is computed using the free-float market capitalisation method. This means the index level reflects the total free-float market value of all its constituent stocks relative …
The Nifty Bank Index, which tracks the performance of the most liquid and large Indian banking stocks, started Monday’s session on a weak note, slipping below the previous session’s low. However, buying support at lower levels led to a sharp recovery, with the index gaining over 750 points from the day’s low to close in …
The NSE benchmark Nifty50 index opened on a weak note, slipping further to touch a fresh 8-month low. However, as the trading session progressed, the index saw a sharp recovery of over 220 points, reclaiming the 22,950 mark. This intraday rebound signalled strong buying interest at lower levels, preventing further downside pressure. Market Breadth: Majority …
From February 17, 2025, the National Payments Corporation of India (NPCI) has introduced new rules for FASTag users, as per the reports. These changes focus on blacklisted FASTags, transaction delays, and chargeback policies. Here’s what you need to know. Blacklisted FASTags: Payments Will Be Declined If a FASTag is blacklisted at the time of scanning, …
Bharat Sanchar Nigam Limited (BSNL) has reported a profit of ₹262 crore in the third quarter of the financial year, marking its first return to profitability since 2007. This milestone highlights the company’s strategic focus on innovation, network expansion, cost optimisation, and customer-centric service enhancements. Announcing the financial results, BSNL’s Chairman and Managing Director, Shri …
India’s smartphone exports reached an all-time high of ₹25,000 crore ($3.14 billion) in January 2025, surpassing the total exports of FY21. This marks a staggering 140% year-on-year increase from ₹11,373 crore ($1.31 billion) recorded in January 2024. Union Minister of Information & Broadcasting, Railways, Electronics & IT, Mr Ashwini Vaishnaw, projected that smartphone exports in …
The Indian government has increased the base import price of gold and silver in response to rising global prices. According to a notification from the Central Board of Indirect Taxes and Customs (CBIC) issued on February 14, the base price of gold has been raised by $41 per 10 grams to $938, while the base …
