Divya Delhi In a BCCI plea, the National Company Law Tribunal (NCLT) allowed Byju's parent Think and Learn to insolvency resolution on July 16.The tribunal designated Pankaj Srivastava as interim resolution professional to oversee the company until the lenders create the Committee of Creditors."The Interim Res...

Divya Delhi  Jeff Bezos, founder and executive chair of Amazon, is set to sell $5 billion of shares of the e-commerce giant. The selling of 25 million scrips by Bezos will reduce his stake in Amazon to 8.8 per cent or 912 million shares.Amazon’s shares on Wednesday fell 1.21 per cent to $197.59 after the Bez...

With the Sensex hitting the 80,000 level for the first time and the Nifty 50 crossing 24,300 level in a first, stock investors are wondering whether the recent rally on the two largecap indices would sustain. The 30-pack index has climbed 14,729.98 points, or 22.59 per cent, in the last one year. Nifty, on the other ha...

HDFC Bank and other heavyweight stocks helped benchmark stock market indices reach record highs on Wednesday. The S&P BSE Sensex reached 80,000 for the first time, and the NSE Nifty50 reached 24,292.15. The Sensex rose 498.51 points to 79,939.96 and the Nifty 134.80 points to 24,258.65 at 9:22 am. All 13 key sector...