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Business

Sensex Falls 357 Points, Nifty Below 22500 Amid RBI Rate Hike

On Thursday, the Indian stock market saw a sharp decline due to the Reserve Bank of India's (RBI) hawkish monetary policy stance and weak global cues. Sensex dropped 357.67 points to 72,281.03, while Nifty fell 108.80 points to 22,494.25. RBI raised the repo rate by 25 basis points to 5.50%, shifting to calibrated tightening. Analysts warn of continued caution in markets. The rupee weakened near record lows.

Amar Business·

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Business

Acuity Analytics Expands US Data Capabilities by Acquiring Continuus

Acuity Analytics has expanded its data and technology capabilities in the US by acquiring Continuus. This acquisition aims to enhance Acuity Analytics' offerings and strengthen its position in the US market, leveraging Continuus' technology and data assets to provide improved services.

ANI News·

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Business

Kido Enters Entertainment Sector After Ice Cream Divestment

Kido, a major food company, has entered the entertainment sector as part of its strategy to seek new growth opportunities following its divestment from the ice cream business. This move marks a significant shift in the company's focus towards expanding its presence beyond food products.

Theinvestor·

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Sports

Golden State Valkyries First Women's Team to Exceed $100M Revenue

The Golden State Valkyries have become the first women's sports team to surpass $100 million in annual revenue. This milestone marks a significant achievement in women's sports, highlighting growing commercial success and increased market interest in female athletic teams.

The Guardian·

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Health

Health Department Informs Public About H1N1 Symptoms and Prevention

The Health Department has informed people about the symptoms of H1N1 and ways to prevent it. This awareness aims to help individuals recognize early signs and take necessary precautions to avoid infection and spread of the virus.

Dainik Bhaskar·

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Technology

HubSpot Cuts Hundreds of Jobs in UK, CEO Confirms

HubSpot, one of the largest technology companies in the UK, is laying off hundreds of employees. The CEO confirmed the job cuts in an internal email, highlighting the company's decision to reduce its workforce amid challenging business conditions. This move reflects broader industry trends affecting tech firms globally.

The Times of India·

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