SpiceJet Q2 results: Airline flies back into red with net loss of Rs 431.54 crore on December 12, 2023 at 10:11 am

Revenue from operations fell 27 percent to Rs 1,425.29 crore, from the year-ago period when the airline had reported a top line of Rs 1,952.61 crore

Taking Stock: Nifty falls from record high, Sensex down 378 pts; metals shine on December 12, 2023 at 10:13 am

Biggest losers were BPCL, Apollo Hospitals, Maruti Suzuki, Sun Pharma and Eicher Motors, while gainers included HDFC Life, UltraTech Cement, Bajaj Auto, SBI Life Insurance and Axis Bank.

Shriram Finance could replace UPL, attracting an inflow of $217 mn: Nuvama analysis on December 12, 2023 at 10:23 am

The official list for the Nifty 50 rejig will be announced in late February 2024.

Disney, Reliance working on terms of India media operations merger on December 12, 2023 at 9:18 am

Under the current terms of agreement, possibly to be announced in January, a newly-formed unit of Reliance#39;s Viacom18 is to absorb Disney#39;s Star India through a share swap deal, the report added.

Adani Ports to raise $600 million via non-convertible debentures on December 12, 2023 at 9:04 am

The company, which operates 13 ports and terminals in the country including its largest container handling port, Mundra in the western Indian state of Gujarat, said a majority of the funds issued will be used for refinancing of existing debt.

SpiceJet gets board nod to raise Rs 2,254 crore from shares, warrants on December 12, 2023 at 9:23 am

Currently, SpiceJet#39;s promoters, led by Ajay Singh, hold a 56.5 percent stake in the company. Of this, 37.9 percent is pledged with various lenders. The airline posted a net loss of Rs 431.54 in Q2FY24, compared to a net loss of Rs 837.8 crore in the same period a year ago.

Top Nifty gainers losers at mid-day: Hindalco, UltraTech up, Sun Pharma, Eicher slip on December 12, 2023 at 7:37 am

About 1672 shares advanced, 1516 shares declined, and 89 shares unchanged.

Tata Motors reports highest-ever monthly retail sales in November on December 12, 2023 at 7:31 am

In an interaction with PTI, Tata Motors Passenger Vehicles Managing Director Shailesh Chandra said the automaker retailed around 53,000 units in November, which was 8 per cent higher as compared to October this year and 30 per cent up as compared to sales in November 2022.

Hindalco at 52-week high on plans to set up battery foil manufacturing unit in Odisha on December 12, 2023 at 5:51 am

The new plant will help Hindalco Industries tap into the fast growing electric vehicle (EV) market.

Torrent Pharma shares gain after US FDA completes inspection on December 12, 2023 at 5:36 am

The US FDA conducted a pre-approval inspection (PAI) at Torrent Pharmaceuticals#39; oral-oncology manufacturing facility