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HDFC Life Insurance hits new high after multiple block deals

HDFC Life Insurance hits new high after multiple block deals

Shares of HDFC Life Insurance hit a new high of Rs 634, up 4 per cent on the BSE in the early morning deals on Wednesday after nearly 5 per cent of total equity of insurance company changed hands through block deals. The stock bounced back 10 per cent from its opening low of Rs 575 on the BSE. It surpassed its previous high of Rs 626, touched on October 23, 2019.

At 09:15 am, around 101.87 million equity shares, representing 5 per cent of total equity of HDFC Life, changed hands via block deals on the BSE, the exchange data shows. The name of the buyers and sellers were not ascertained immediately.

US military buries the body of IS chief Abu Bakr al-Baghdadi at sea: Report

US military buries the body of IS chief Abu Bakr al-Baghdadi at sea: Report

US officials have said the body of Islamic State group chief Abu Bakr al-Baghdadi was buried at sea, as fresh details surfaced about the US special forces operation that led to his death over the weekend.

Syrian Kurds claimed to be a key source of the intelligence that led Americans to Baghdadi after years of tracking the man behind a five-year reign of terror across much of Iraq and Syria.

Free bus ride scheme may be extended to senior citizens, students: Kejriwal

Free bus ride scheme may be extended to senior citizens, students: Kejriwal

The free-ride scheme for women on Delhi public buses might be extended to senior citizens and all students, Chief Minister Arvind Kejriwal said as the initiative took off on Tuesday.

This scheme will help in women empowerment by bridging the gender gap that exists in society, the chief minister said on his mobile application 'AK App' and added that this was a gift from their brother on 'Bhai Dooj'.

After Jio's 4G and optical fibre, RIL to build $24 bn e-commerce giant

After Jio's 4G and optical fibre, RIL to build $24 bn e-commerce giant

After Jio’s 4G network and optical fibre-based broadband connection with a speed of up to 1 Gigabit per second, Mukesh Ambani, chairman of Reliance Industries Limited (RIL), is now planning to disrupt the country’s e-commerce industry with a $24 billion digital-services behemoth.

The Reliance Industries board approved a proposal to plow 1.08 trillion rupees ($15 billion) into the fully-owned subsidiary, which will, in turn, invest that amount in Reliance Jio Infocomm Ltd, the conglomerate’s telecommunications venture.

Adani Group partners with US-based firm to build data centre infra in India

Adani Group partners with US-based firm to build data centre infra in India

Adani Group on Tuesday said it is partnering with San Francisco-based Digital Realty to develop and operate data centre infrastructure across India.

Under the agreement between Adani Enterprises and Digital Realty, the two parties will "jointly evaluate developing and operating data centres, data centre parks and cultivating undersea cable provider communities of interest across India," a statement said.

IndiGo close to sealing 300 Airbus jets deal worth at least $33 bn: Report

IndiGo close to sealing 300 Airbus jets deal worth at least $33 bn: Report

Indian budget airline IndiGo is close to placing a near-record order for over 300 Airbus A320neo-family jets worth at least $33 billion at notional catalogue prices to cement its position as India's largest carrier by market share.

People familiar with the matter told Reuters that IndiGo, part of InterGlobe Aviation, was putting the finishing touches to an order that would include Airbus's newest jet, a long-range version of the single-aisle A320 type called A321XLR.

Apple launches AirPods Pro priced at $249; to ship from October 31

Apple launches AirPods Pro priced at $249; to ship from October 31

Apple Inc on Monday launched Apple AirPods Pro, an upgraded version of its premium wireless earphones with noise cancellation feature.

Priced at $249, the earphones will start shipping on Oct. 30, Apple said, adding that the new AirPods are also sweat and water resistant.

Ola in talks with Microsoft to raise $200 million in funding: Report

Ola in talks with Microsoft to raise $200 million in funding: Report

Ride-hailing major Ola is in advanced talks with tech giant Microsoft to raise about $150-200 million (about Rs 1,050-1,400 crore) in funding, according to sources.

The discussions are at an advanced stage and likely to be closed in the next 10-15 days, the sources privy to the development said.

US voters of Indian origin rally around Joe Biden in presidential race

US voters of Indian origin rally around Joe Biden in presidential race

US voters of Indian-origin and other Asian countries' descent have thrown their weight behind Democratic presidential aspirant Joe Biden in the race to the 2020 nominations.

Supporting Biden, Indian-Americans and members of other Asian-American and Pacific Islanders (AAPI) community on October 26 launched "AAPIs for Biden" in Las Vegas.

Tata Motors extends rally on encouraging Q2 results, jumps 34% in 2 days

Tata Motors extends rally on encouraging Q2 results, jumps 34% in 2 days

Shares of Tata Motors jumped as much as 15 per cent in the morning deals on Tuesday on better-than-expected Q2 results. The auto major had settled over 16 per cent higher during the one-hour Muhurat Trading session on Sunday, that marked the beginning of new Samvat year - 2076. In two trading sessions, the stock has jumped 34 per cent.

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