ixigo to acquire 55% stake in Brevistay for ₹66 crore to expand hotels business
Shares of Le Travenues Technology Ltd ended at ₹154.85, down by ₹1.90, or 1.24%, on the BSE.
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Emerging-Market currencies sink on gangbuster US jobs report
MSCI’s emerging-market currency index hit a day’s low following the report, and dropped to its lowest since early April. Mexico’s peso and South Africa’s rand, two bellwether emerging market currencies, erased earlier advances.
RBI’s capital flow measures could attract $75-80 billion, rupee may strengthen to 92-93: ICICI Bank’s Jhingan
The RBI’s decision to absorb hedging costs on fresh FCNR(B) deposits and widen foreign access to long-term government bonds is expected to boost capital inflows, ease banking system funding pressures and provide support to the rupee, according to economists and…
Bitcoin falls below $61,000, sheds nearly $18,000 in 10 days
Bitcoin extends sharp 10-day slide, trading near $60,841 after falling below $61,000, down about $18,000 from recent highs as selling pressure and volatility hit crypto markets
DIIs cushion FII sell-off with ₹9,134 crore equity buying on June 5
According to exchange data, DIIs purchased shares worth ₹22,779.32 crore and sold equities worth ₹13,645.75 crore across the NSE, BSE and MSEI, resulting in a net inflow of ₹9,133.57 crore
Adani Enterprises, Adani Energy see ₹5,718-crore block deals: GQG sells, SBI MF buys stakes
Shares of Adani Enterprises Limited ended at ₹3,047.85, up ₹75.05 or 2.52% on the BSE, while shares of Adani Energy Solutions Limited closed at ₹1,579.45, up ₹59.55 or 3.92% on the exchange today, June 5.
US adds 172,000 jobs in May, unemployment holds at 4.3% despite inflation pressures
The job market has been gradually recovering this year after a weak 2025, and has so far held steady despite higher energy prices and increased uncertainty following the United States and Israel’s attacks on Iran in late February.
CNBC-TV18 Newsbreak Confirmed: OYO parent Prism gets SEBI nod for IPO, eyes valuation of up to $8 billion
OYO parent Prism has received SEBI approval for its proposed ₹6,650 crore IPO. The company is targeting a valuation of $7-8 billion ahead of listing.
‘Looks overpriced’: Valuation expert Damodaran puts SpaceX worth well below $1.8 trillion
In a detailed post on X, the New York University professor said the IPO prospectus largely confirmed his earlier assessment of SpaceX as a high-growth but money-losing company whose valuation is driven more by its future narrative than its current…
Rupee stability alone may not bring foreign investors back to India: Ambit’s Dhiraj Agarwal
Dhiraj Agarwal, Managing Director of Ambit Investment Managers, expects rupee stabilisation to slow foreign investor outflows but believes sustained FII inflows will require stronger earnings growth and economic momentum. Agarwal also cautioned that higher inflation forecasts, lower GDP projections and…