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Hermès’s market capitalization surpassed that of rival LVMH, the conglomerate which tried to buy the maker of the coveted Birkin bag in a stealth raid that shocked the French corporate world 15 years ago. Hermès International SCA’s valuation reached €243.65 billion ($276.3 billion) on Tuesday, briefly crossing the €243.44 billion of LVMH Moët Hennessy Louis…
The Indian stock market benchmark indices, Sensex and Nifty 50, are expected to open higher on Tuesday, tracking positive cues from global markets. The trends on Gift Nifty also indicates a gap-up start for the Indian stock market. Adani Ports & SEZ, Reliance Industries, State Bank of India (SBI), Vedanta, Tata Power, and ICICI Bank,…
The Indian stock market remained highly volatile amid the ongoing trade tensions between US and China, ignited by President Donald Trump’s tariff policies. The trade war between the US, the world’s largest consumer, and exporting nations is poised to create a consumer shock in the US, while producing countries are subjected to supply glut. Analysts…
Reliance Power share price: Despite volatility in the Indian stock market on Donald Trump’s tariff tension, Anil Dhirubhai Ambani Group (ADAG) stock Reliance Power share price ascended around 20% in one month. This Anil Ambani-owned ADAG stock has generated alpha returns against the frontline indices — Nifty 50, BSE Sensex, and Nifty Bank Index by…
Power Grid Corporation of India Limited (POWERGRID) has announced the issuance of unsecured, non-convertible, non-cumulative, redeemable, and taxable bonds under the POWERGRID Bonds-LXXXI (81st) Issue for 2025-26. The bond issuance has been approved by the Committee of Directors for Bonds in a meeting held on April 4, 2025. The total issue size is set at…
Stock market today: The domestic benchmark indices, Nifty 50 and Sensex, dipped on Friday as technology shares continued their downward trend amid concerns that a recession in the US could impact growth potential. The Sensex dropped by 509.54 points to reach 75,785.82 during early trading, while the Nifty 50 decreased by 146.05 points to settle…
Reliance Power share price has been on a roll this month. This Anil Ambani-owned ADAG stock has soared 29 per cent in March after witnessing a significant loss of 17 per cent in February and a 6 per cent fall in January. On Friday, March 28, the stock closed flat at ₹42.98 on the NSE….
New Delhi [India], March 23 (ANI): Union Minister of Power and Housing and Urban Affairs, Manohar Lal held a detailed review meeting with senior officials of the government of Odisha on the state’s power sector development on Sunday in the state capital Bhubaneswar. As per a statement from the Union Ministry of Power, the discussions…
