At $120/BBL, Indian Crude Basket’s Oct Avg Price Hits 14-Yr High MUMBAI: Rising crude oil prices with the Indian crude basket at a 14-year high, fresh weakness of the rupee after an eight-session gain and sliding Asian markets weighed on investor sentiment on Dalal Street on Thursday.As a result, sensex showed a weak trend from…

Live Commerce, Interesting Clips Scale ToCreate Content-To-Commerce Ecosystem. MUMBAI: Indians are no longer just shopping; they are video-shopping. Videos drive a lot of traction on online platforms such as Amazon, Flipkart, Myntra and Meesho. Consumers scroll through creator-led content reels or shorts, discovering a host of new brands and products with many eventually clicking on…

The retail portion of the offer—that was subscribed 70% on Day 1—was also fully subscribed on Thursday MUMBAI: The maiden public offering for Jio Platforms, through which the company is raising Rs 30,213 crore, making it the largest such offer in India, was subscribed over five times at the close of bidding on Day 2….

According to analysts, revisiting past coupons raises legal and accounting issues. MUMBAI: Retail bondholders of YES Bank have asked Axis Trustee Services, the debenture trustee, to secure payment of overdue coupons (interest payments) on the bank’s Additional Tier 1 (AT1) bonds, restore their holdings in demat accounts and seek regulatory intervention, days after Supreme Court…

Investors were bearish on the eMudhra stock after the cyber incident. BENGALURU: Shares of digital trust company eMudhra plunged 20% on BSE for the second consecutive day on Thursday after it announced its decision to exit the global SSL/TLS (Secure Sockets Layer/Transport Layer Security) certificate business following a security incident involving eight of its intermediate…