Divya Delhi: Despite a record-breaking demand for air conditioners during the April-June period, companies like Godrej Appliances, Haier, and Super Plastronics are struggling to meet the demand due to a severe demand-supply mismatch. The unprecedented heat wave has led to a 50% year-on-year growth in air condition...

Divya Delhi: Vodafone Idea announced on June 13 that its board has approved a preferential offering of 166 crore shares at Rs 14.80 each to raise up to Rs 2,458 crore. Vodafone Idea stated in a regulatory filing that it will give Nokia Solutions and Networks India Private Limited 102.7 crore shares worth Rs 1,520 crore...

Divya Delhi: After announcing a partnership with consumer electronics giant Samsung, One 97 Communications, the company that runs the Paytm brand, saw a boost of more than 5% in its shares on Thursday. On the National Stock Exchange, the stock was up 5.68% to ₹425.35 per share (NSE). On the BSE, it increased by 5.67%...

DIVYA DELHI: As volatility lowered market optimism, benchmark stock indices fell sharply on Thursday.The S&P BSE Sensex slid 1,062.22 points, or 1.45%, to 72,404.17, and the NSE Nifty50 fell 1.55% to 21957.50.“Investors seem hesitant of joining the markets before the elections (results) and many are sealing t...