FINWIRES · TerminalLIVE
FINWIRES

BSE Sensex

^BSE
BSEIndex

397 stories mentioning BSE SensexUpdated 1d ago

Trading amid India's rising May trade flows and projections of large REIT/InvIT inflows by 2030; imports rose 19% and exports 15.8%.

What's the latest news on BSE Sensex?

Asia

India Food Regulator Issues Notice to JW Marriott New Delhi Over Food Safety, License Lapses

The Food Safety and Standards Authority of India (FSSAI) has issued a notice to the JW Marriott hotel in New Delhi's Aerocity over alleged licensing and food safety violations, the Indian regulator said in an Instagram post on Wednesday.The food safety regulator said an inspection found the hotel, operated by Aria Hotels and Consultancy Services, conducting "retail and relabeller activities" without the required license endorsement.Inspectors also reported labelling, hygiene and storage issues, including pest infestation, unclean utensils and problems with drinking water, FSSAI said in the post. The regulator also flagged shortcomings in allergen separation, food containers, identification and labeling.Aria Hotels did not immediately respond to' request for comment.

^BSENifty 50
Asia

Market Chatter: Purple Style Labs to Launch Up to INR6.8 Billion India IPO Next Week

Purple Style Labs plans to launch its initial public offering in India next week, seeking to raise up to 6.8 billion Indian rupees through a fresh share issue, Bloomberg reported Wednesday, citing company prospectus.The company, which owns Pernia's Pop-Up Shop, will offer shares at 546 rupees to 575 rupees each, with the IPO open for subscription from Aug. 31 to Sept. 2, according to the report.Axis Capital and IIFL Capital are managing the offering.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

^BSENifty 50
Asia

India Aims to End Foreign Dependence on Power Grid SCADA by 2029

India plans to develop indigenous Supervisory Control and Data Acquisition (SCADA) systems for critical power infrastructure, including the national grid, by 2029, according to a Central Electricity Authority report on Tuesday.The roadmap aims to develop domestic capabilities in SCADA hardware and software, reducing the power sector's reliance on foreign technology and addressing risks associated with supply-chain disruptions, technology restrictions, and cybersecurity.The CEA said existing rules require SCADA systems to have at least 50% local content, but the actual share of domestically developed software and hardware is currently about 20%.The proposed measures include building domestic manufacturing capacity, establishing testing and certification agencies, and providing financial support to SCADA system developers.

^BSENifty 50
Asia

Market Chatter: Indian Data Center Firm Orders 9,000 Nvidia Rubin AI Systems

India-based AI infrastructure company AM Intelligence has placed a binding order for 9,000 Nvidia Vera Rubin systems as it moves to expand computing capacity in the country, Bloomberg reported Tuesday, citing a company statement.The systems are expected to come online in 2027 in southern India, as the company targets 1 GW of computing capacity under an $8 billion expansion plan, according to the report.AM Intelligence plans to offer computing capacity to customers in India, the U.S., Finland and Malaysia, Bloomberg reported, citing Greenko Group founder Mahesh Kolli. By 2030, the company reportedly targets reaching 5 GW of data center capacity across India, Europe and other markets.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

^BSENifty 50
Asia

Market Chatter: Volkswagen to Face Fresh Hearing in India Over $1.4 Billion Tax Dispute

An Indian court will re-hear Volkswagen's challenge to a $1.4 billion tax demand over alleged undervaluation of auto imports, Reuters reported Tuesday, citing a court order seen by the news agency.The Bombay High Court's decision comes more than a year after arguments in the case concluded without a verdict, according to the report.Indian tax authorities reportedly allege Volkswagen misdeclared auto component imports over a 12-year period to reduce its tax liability.The automaker has defended its import practices, Reuters added.Volkswagen did not immediately respond to' request for comment.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

^BSENifty 50
Asia

Market Chatter: Air India Seeks $1.5 Billion Fresh Equity From Tata Sons, Singapore Airlines

Air India is in talks with owners Tata Sons and Singapore Airlines (SGX:C6L) to raise about $1.5 billion in fresh equity, Reuters reported, citing two people familiar with the matter.The airline is urgently seeking funds, although the investment could be made in stages, according to the report.Singapore Airlines would have to participate in the proposed equity infusion in proportion to its shareholding for it to proceed, Reuters said.Talks remain ongoing, and no final decision has been made, the report added.Air India, Tata Sons and Singapore Airlines did not immediately respond to' request for comment.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

^BSENifty 50SGX:C6L
Asia

Market Chatter: HSBC Invests at Least $3 Billion in Indian Government Bonds

HSBC Holdings has invested at least $3 billion since July in Indian government bonds with maturities of around five years, using funds raised through India's foreign-currency deposit program, Bloomberg reported Tuesday, citing people familiar with the matter.The lender had mobilized $6.3 billion under the Reserve Bank of India's FCNR(B) program as of July 30, making it the largest global lender in terms of funds raised, the report said, citing the latest available data.HSBC's total deposits under the program have since exceeded $10 billion, according to the report.HSBC did not immediately respond to' request for comment.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

^BSENifty 50
International

Asia Week Ahead: Jackson Hole Symposium; Interest Rate Decisions; Industrial Output

For the week ahead in Asia, a number of key releases are scheduled to be published.The highlight of the week will be the Jackson Hole Symposium, beginning Thursday and concluding Saturday.Investors will look for clues in the U.S. Federal Reserve Chair Kevin Warsh's speech regarding potential interest rate changes.Interest rate decisions from several other countries will also be in focus this week.Investors will closely watch industrial output, trade data, and business and consumer sentiment reports for insights into the region's economic momentum.MONDAY, Aug. 24Singapore's core consumer price index (CPI) rose 2% year over year in July, with headline inflation accelerating to 2.2%.Taiwan's seasonally adjusted unemployment rate remained unchanged month over month at 3.33% in July.Thailand will post trade data today.TUESDAY, Aug. 25An interest rate decision by the Bank of Thailand will take center stage, with expectations of the bank holding rates steady at 1%, the Wall Street Journal reported citing ANZ's Kausani Basak.Separately, Taiwan's industrial output for July is forecast to rise 23.3% year over year, compared with a 23% growth previously, according to economists at ING.South Korea's consumer sentiment is anticipated to improve slightly, with the Composite Consumer Sentiment Index rising to 107 for August, according to a Trading Economics forecast.Hong Kong's export and import data for July will land.WEDNESDAY, Aug. 26Singapore's year-over-year industrial production growth will slow to 6.9% in July, Trading Economics said.South Korea will publish business confidence data.THURSDAY, Aug. 27An anticipated speech by Deputy Governor of Bank of Japan, Ryozo Himino, may provide insight on potential policy rate hikes in September or October, according to the WSJ.Elsewhere, analysts are on the fence regarding The Bank of Korea hiking rates or holding them steady, the WSJ reported citing Barclays economist Bum Ki Son. The bank is, however, expected to raise its growth projection.The Philippines will likely increase its policy rate to 5% from 4.75%, according to ING and the WSJ.China's industrial profit from the January to July period is forecast to grow 16%, compared with 18.7% previously, according to Trading Economics.FRIDAY, Aug. 28Japan will release a slew of data on Friday.Tokyo CPI and core CPI for August are expected to come in at 1.9% and 1.7%, respectively, according to market consensus forecast data by ING.Unemployment rate is projected to remain unchanged at 2.5% in July, according to an investing.com forecast.Japan is also scheduled to release consumer confidence data for August.Elsewhere, India's industrial production is forecast to rise 6.2% year over year in July, according to Investing.com. Manufacturing output data will also arrive the same day.Singapore will publish producer price index numbers for July.

^BSE^HNX^HOSEHang Seng^JKSEFTSE Bursa Malaysia KLCIKOSPINikkei 225Nifty 50^PSEI^SETShanghai Composite^STI^SZSETaiwan Weighted
International

India's Forex Deposit Inflows Hit $65.4 Billion, RBI Says

India attracted nearly $65.4 billion through foreign currency non-resident, or FCNR(B), deposits under the Reserve Bank of India's special swap facility as of Aug. 21, the central bank said.That, combined with inflows through overseas foreign currency borrowings and external commercial borrowings, brought total forex inflows under the facility to $72.85 billion, according to the RBI.

^BSENifty 50
International

India's Private-Sector Activity Expands in August, HSBC-S&P Survey Shows

Business activity across India's private sector expanded in August, with the HSBC India Composite Purchasing Managers' Index (PMI) rising to 54.6 from 54.3 in the previous month, according to preliminary data compiled by S&P Global and released on Friday.The reading beat the consensus forecast of 54.4, remaining above the 50.0 mark that separates expansion from contraction.The monthly momentum was driven primarily by stronger growth in the service sector, which more than offset the slowdown in manufacturing output.The HSBC India Manufacturing PMI fell to 52.9 from 53.5 in the previous month, while the HSBC India Services PMI rose to 54.5 from 53.3.

^BSENifty 50
International

India's Services Activity Accelerates in August, HSBC-S&P Survey Shows

Services activity in India expanded in August, with the HSBC India Services Purchasing Managers' Index (PMI) rising to 54.5 from 53.3 in the previous month, according to preliminary data compiled by S&P Global and released on Friday.The reading beat the consensus forecast of 53.8, tracked by Trading Economics. A reading above 50 indicates expansion in the sector, while a figure below signals a contraction.The latest performance was supported by a modest re-acceleration in service-sector business activity and new work, which offset weaker manufacturing output.

^BSENifty 50
International

India's Manufacturing Activity Growth Slows in August, HSBC-S&P Survey Shows

Manufacturing activity in India expanded in August, with the HSBC India Manufacturing Purchasing Managers' Index (PMI) falling to 52.9 from 53.5 in the previous month, according to data compiled by S&P Global and released on Friday.The reading missed the consensus forecast of 54 tracked by Investing.com. A reading above 50 indicates expansion in the sector, while a figure below signals a contraction.While the latest performance was driven primarily by faster private sector activity, the print was the second weakest since March 2022, S&P said.

^BSENifty 50
International

India's Core Industries Grow 5.4% in July

India's combined Index of Core Industries (ICI) provisionally grew by 5.4% year over year in July, according to data released Monday.The latest figure compares with a 6% rise in June, according to the Ministry of Commerce and Industry on Thursday.The rise in IIP was driven majorly by iron ore, electricity, and cement.Iron ore, cement, electricity, coal, steel, and refinery products logged a year-over-year increase of 29.5%, 13.1%, 9%, 7.6%, 2.9%, and 2.7%, respectively.Natural gas, crude oil, and fertilizers, on the other hand, saw negative growth.

^BSENifty 50
Asia

Market Chatter: Volkswagen Aims to Seal India Partnership in 2026

Volkswagen expects to finalize a partnership with a local company in India this year as it seeks to expand its presence in the market, Reuters reported Wednesday, citing Skoda brand's chief executive officer, Klaus Zellmer.Skoda, which oversees Volkswagen's India strategy, is reportedly in talks with an unnamed potential partner. The group is open to giving up control of its India operations as part of a partnership, Reuters quoted Zellmer as saying.Volkswagen has been seeking a local partner since 2022 and is in talks with JSW Group on a potential joint venture, the report noted.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

^BSENifty 50
Asia

Prosus to Inject $100 Million Into Indian Fintech Navi

Indian fintech firm Navi said it will receive a $100 million investment from Prosus, marking the Indian fintech company's first institutional capital raise, according to a Wednesday press release.Bengaluru-based Navi offers services spanning payments, lending, insurance, and mutual funds.Navi said its UPI platform remained India's fourth-largest during fiscal 2026, while Navi Finserv's assets under management crossed 130 billion rupees, according to the statement.

^BSENifty 50
Asia

Market Chatter: Pernod Ricard India Plant Inspected by Food Safety Regulator

India's food safety regulator inspected a Pernod Ricard plant in Bengaluru last week and collected liquor samples, Reuters reported Thursday, citing four people familiar with the matter.A government official said the regulator had asked Pernod to improve hygiene standards at the facility and correct labels on bottles indicating the use of recycled plastic, according to the report.Pernod Ricard India and the Food Safety and Standards Authority of India did not immediately respond to' request for comment.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

^BSENifty 50
Asia

Market Chatter: Upstox Weighs $400 Million India IPO

Indian online trading platform Upstox is in preliminary talks with investment banks over a potential initial public offering that could raise about $400 million, Bloomberg News reported Thursday, citing people familiar with the matter.The Tiger Global-backed brokerage has held early discussions with bankers and is expected to appoint advisers, according to the report.The potential offering could include both new shares and stock sold by existing investors. The discussions remain in the early stages, with the size and timing of the IPO subject to change, the report said.Upstox did not immediately respond to' request for comment.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

^BSENifty 50
Asia

Market Chatter: India's Markets Regulator Reviewing Rules for Small-Company IPOs

Securities and Exchange Board of India (SEBI) is reviewing rules related to initial public offering and delisting of small companies, Reuters reported Wednesday, citing the agency's chief.The Indian markets regulator is assessing the costs of market-making requirements for small-company IPOs as well as considering changes to portfolio manager rules, the report quoted SEBI Chairman Tuhin Kanta Pandey as saying.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

^BSENifty 50
Asia

Market Chatter: Temasek-backed Milky Mist Dairy Food Jumps 30%

Temasek-backed Milky Mist Dairy Food's shares jumped 30% in their Tuesday debut on the Indian bourse to value the company at 139.7 billion Indian rupees, Reuters reported the same day.The dairy product maker's shares listed at 181.5 rupees, a premium of nearly 30% to their 140 rupee issue price, the report said.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

^BSENifty 50
Asia

India to Lease 2 MQ-9B Sea Guardians to Boost Maritime Surveillance

India's Ministry of Defense signed a contract with General Atomics Aeronautical Systems to lease two MQ-9B Sea Guardian high-altitude, long-endurance remotely piloted aircraft systems to the Indian Navy for 30 months, according to a Monday government statement.The contract is valued at about 19.4 billion Indian rupees, the ministry said.The aircraft will provide surveillance and reconnaissance coverage across the Indian Ocean Region.

^BSENifty 50

Showing 61-80 of 397

Track with the FINWIRES app suite