Sensex drops 780 points, Nifty 50 loses 1% to wipe out ₹8 lakh crore in investor wealth| Business News

India’s stock market logged their steepest one‑day fall in over four months on Thursday, dragged by heavyweight Reliance Industries Ltd., as uncertainty over US tariffs spurred broad selling. The Bombay Stock Echange building on Dalal Street in South Mumbai. (PTI) The 30-share S&P BSE Sensex fell 0.92%, or 780.18 points, to 84,180.96, even as the […]

Trent loses $20-billion market cap since 2024 peak as ‘Zudio’ rally wears off| Business News

Trent Ltd., once a market darling that topped India’s Nifty 50 index in 2024, is stuck in a deepening rout that’s wiped out $20 billion in market capitalisation since then. Trent, which operates Westside and Zudio, is facing mounting pressure from Reliance industries (Trends) and Aditya Birla Group (Pantaloons), which are expanding aggressively into affordable […]

Inox Green loses grid access for 300 MW wind project in Gujarat on missed deadlines| Business News

Inox Green Energy Services Ltd. has lost grid connectivity for its 300 MW wind project in Gujarat after failing to complete it on time, a filing with the country’s power regulator showed. Several developers are ramping up renewable energy projects in India, as the South Asian nation looks to double its non-fossil fuel based power […]

Google loses $100 billion in market value after ChatGPT announces new browser

Google’s share declined by nearly 5 per cent as OpenAI unveiled its first artificial intelligence-powered web browser, ChatGPT Atlas, on Tuesday. This puts the ChatGPT maker in direct competition with Google, which has around 3 billion worldwide users of the Chrome web browser and has also included some AI features from Google’s Gemini technology. ChatGPT […]