Tesla CEO Elon Musk took to micro-blogging website Twitter and said that the company’s stock was overvalued which later resulted in a sharp decline in the share prices of the company.

Despite reporting a fall in profits in the January-March quarter, the 10% stake sale in Reliance Jio to Facebook and the biggest-ever rights issue in India of Rs 53,000 crore that Reliance Industries announced on Friday has made brokerage firms stay firm on their ‘buy’ calls for India’s most valuable company.

Investors witnessed a wealth erosion of Rs 5.81 lakh crore in BSE-listed companies. The market capitalisation of BSE-listed companies fell by Rs 5,81,182.15 crore to Rs 1,23,60,438 crore

As uncertainty looms large, volatility again jumped 28% on Monday as equity markets resumed trading after a long weekend.

Barring Nifty PSU Bank index and Nifty Realty index, all the sectoral indices were trading in green. Nifty Metal index was top sectoral gainer led by JSW Steel, Coal India and Jindal Steel.

Following the two-day fall in equities, the market capitalisation of BSE-listed companies plunged by Rs 6,98,419.77 crore to Rs 1,22,43,201.05 crore.

Hindustan Petroleum Corporation (HPCL) share price declined 13 per cent to Rs 186.70 apiece on the BSE.

HDFC, HDFC Bank, ICICI Bank, Reliance Industries (RIL) and Bharti Airtel were among the top index contributors

On MCX, gold June futures rose Rs 37 to Rs 45,788 per 10 grams. Similarly, silver July futures were trading Rs 403 or 0.96 per cent higher at Rs 42,299 per kg

NIIT Technologies share price surged 15% on the stock market after the company posted a strong January-March quarter result on Tuesday.

The rally in Sensex and Nifty was supported by buying in financial counters with HDFC Bank, HDFC, ICICI Bank and Bajaj Finance as top index contributors

After witnessing sharp weakness on Monday, Nifty shifted into a mixed trend with range bound action in the last couple of sessions.

The Food Corporation of India (FCI) has been able to buy half of its wheat procurement target of 40.7 million tonne by Wednesday despite a delayed start this year as Punjab has exceeded expectation by purchasing nearly 75% of its target in only 22 days.

The March mayhem that saw domestic benchmark indices tank 24% in not behind investors despite a decent recovery in the month of April. However, the coming few months could be crucial for investors.

Cash flows will be tight and they may also experience delay in the investment cycle, but this is a temporary phase, says Bhaskar Majumdar, managing partner, Unicorn India Ventures (UIV), a Mumbai-based fund house.

Ashok Leyland, flagship company of the Hinduja group, on Monday announced a slew of initiatives to manufacture and distribute ventilators.

The department of telecommunications (DoT) is understood to have turned down the offer of Vodafone Idea to furnish a corporate guarantee instead of a bank guarantee to cover its deferred spectrum installment for the current fiscal.

Small cardamom exports to Saudi Arabia are likely to increase during the current Ramadan season with the Saudi authorities agreeing to accept the globally accepted Codex Food Standards of the United Nations.

A proxy advisory firm has raised objections to the corporate governance structure at Zee Learn, part of the Essel group, expressing concerns over the company’s capital allocation decision, related-party transactions and acquisition of MT Educare.

With theatres being shut since for over a month now, many small and mid-rung production houses are understood to be in talks with video over-the-top (OTT) platforms for direct-to-digital launch of their unreleased movies.

Over 200 companies in Pune’s industrial belt of Chakan, Talegaon, Kurkumb, Baramati and Ranjangaon have resumed operations after restrictions were eased on Monday, even as the lockdown continues.

Indian cotton prices have come down by 12-15% due to the ongoing lockdown and fears that the country’s cotton consumption will reduce, resulting in more carry-forward stocks by September 2020, officials of the Cotton Association of India (CAI) said on Tuesday.

A report by Jefferies shows that the benchmark Nifty in the last week of April had outperformed other global benchmarks such as Japan’s Nikkei 225, US’ S&P 500 and Hong Kong’s Hang Seng.

The Covid-19 pandemic is expected to exert downward pressure on the credit quality of sugar mills by eroding operating profitability and shoring up debt in fiscal 2021.

Varun Beverages (VBL) reported a strong growth in volumes, Ebitda and earnings during Q1CY20. This was, however, led by the acquired territories of south & west not there in the base.

The National Stock Exchange (NSE) on Wednesday said it was working to equip its systems to handle crises such as that caused by the crash in crude prices.

Digital technologies have the potential to create $1 trillion economic value, says EY

Retail experts estimate that the current situation might wipe off 10% of e-commerce companies’ annual GMV in the country.

Shashwati, a news analyst, is able to do research at home, but her effectiveness has dropped in the absence of the right infrastructure.

As IBM Watson has been able to achieve some scale, the company believes that by putting the NLP technology in commercial use it will be able to expand its capabilities much further.

App Annie’s latest report highlights that Zoom is the most downloaded app on iOS amongst all users. But it has also put focus on privacy and security.

OTT platforms see a surge in consumption and subscriber count, as viewers seek fresh content.

A study by two India-origin researchers at the University of Cambridge, is based on the SIR approach, but takes into account age and social contact structure to assess the impact of the lockdown and social distancing measures adopted before it.

From playing the reruns of popular shows to using video conferencing tools to create content, broadcasters are using different methods to keep the audience entertained during lockdown

The PXC 550-II Wireless features a triple microphone array that makes it easy to stay connected while on the move.

Nasscom launches free learning programme to enhance AI skill-sets.

E-sports is gaining ground, now is the time to bring tech innovations.

CCMB and Institute of Genomics and Integrative Biology (IGIB), New Delhi are working together on the whole genome sequencing of the SARS-CoV-2 virus isolates which will help them to understand the evolution of the virus and its spread route.

West Bengal chief minister Mamata Banerjee has allowed resuming operations in the gardens of Darjeeling, Doars and Terai with a workforce of 25%.

Nafed, a canalizing agency for the GoI, and Alimenta had entered into a contract for supply of 5,000 tonne Indian groundnut during1979-80.

Work on the Pune Metro comprising two lines of 32 km started in December 2016 and was to end in 2022. Commissioning of work on 10 km of Line 1 and Line 2 was to be done in the first half of 2020.

BSE Sensex slipped by 214 points to end at 27,011.31, while NSE Nifty ended below the 8,200-mark.

BSE Sensex tanked 723 pts, its second biggest single day fall since Narendra Modi govt took over; Salman Khan, GST, others field the blame.

A key feature is the peer-to-peer money transfer facility within the app.

If Digital India delivers on its promise, rural Indians are likely to outnumber urban Indians online.

The offer at `275 per share is 17.6% less than its closing price of `334 on Monday.

Shares of Idea Cellular plunged 6.99 % on Monday closing the session at Rs 85.85 a share on the Bombay Stock Exchange (BSE) after the company on Saturday reported a poor set of numbers for the March quarter.

Interview: Mrutyunjay Mahapatra, deputy MD and chief information officer, State Bank of India.

Manpasand reported a healthy quarter overall albeit EBITDA/PAT were below our estimates. Overall, FY2017 was broadly in line with company guidance at start of the year and both Mango Sip and Fruits Up posted robust growth.

The new dealerships will be known as ARENA and will be well equipped digitally to cater to the demand of the tech savvy customers.