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BusinessBSE shares dropped nearly 4% after joining the Nifty 50 index, replacing Wipro, which shifted to the Nifty Next 50. Analysts have mixed opinions on BSE's future: Macquarie is optimistic about growth, while Bernstein and Nuvama advise caution due to moderating earnings forecasts. This reshuffle impacts exchange stock investors' outlook.
Mint Markets·2h ago
BusinessRays of Belief's Founder Nitin Bindlish told NDTV Profit that the company's growth is driven by its US expansion. After acquiring a US operation in June last year, the US segment contributed about 51% of total revenue in the recent quarter. The company is also rapidly expanding in India, leveraging US arbitrage opportunities.
NDTV Business·27m ago
BusinessThe National Highways Authority of India (NHAI) has accelerated the construction of the 114.95 km Moradabad-Aligarh four-lane Greenfield access-controlled highway. This corridor will connect Moradabad, Amroha, Sambhal, Bulandshahr, and Aligarh. Once completed, travel time from Moradabad to Aligarh will reduce to 2 hours and to Agra to 3 hours. Final notifications and land acquisition will begin by the end of October.
News18Hi Business·41m ago
PoliticsThe INDIA bloc meeting is set to discuss concerns over the Election Commission's handling of the SIR issue, which the opposition views as a major point to challenge the government. Leaders will also debate the proposal to remove CEC Gyanesh Kumar. However, tensions between AAP and DMK before the meeting have raised questions about opposition unity.
Aaj Tak·5h ago
WorldA flydubai Boeing 737 flying from Dubai to Israel triggered a security alert by transmitting emergency transponder codes 7700 (general emergency) and 7500 (hijack) over the region. Israeli jets scrambled amid hijack fears, but the alert was due to a cockpit fight between pilots. The plane safely diverted to Tabuk, Saudi Arabia, with all 180 onboard unharmed.
HT World·53m ago·Tabuk
WorldFlydubai flight FZ1073, a Boeing 737 MAX from Dubai to Tel Aviv, declared an emergency signaling hijack and turned back over northern Saudi Arabia. The alert was triggered by a cockpit fight between the two pilots, causing the plane to drop from 34,000 to 16,600 feet in just over two minutes. The flight carried 174 passengers, including 27 children.
HT World·55m ago
Mint Markets·2h ago
BSE shares dropped nearly 4% after joining the Nifty 50 index, replacing Wipro, which shifted to the Nifty Next 50. Analysts have mixed opinions on BSE's future: Macquarie is optimistic about growth, while Bernstein and Nuvama advise caution due to moderating earnings forecasts. This reshuffle impacts exchange stock investors' outlook.
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