BSE Sensex Rejig: Zomato To Replace JSW Steel

Zomato Ltd. will be added to the Sensex from Dec. 23, while JSW Steel Ltd. will be removed from the index, the BSE Ltd. said on Friday while announcing its periodic rebalancing of constituents. Asia Index Pvt. carries out periodic reconstitution of BSE indices.

Photo Credit: (Photo Source: Vijay Sartape/ NDTV Profit)  

Benchmark Indices Record Best Session In Over 5 Months

The NSE Nifty 50 ended 557.35 points or 2.39% higher at 23,907.25, and the BSE Sensex closed 1,961.32 points or 2.54% higher at 79,117.11 on Friday, marking their best session in over five months.

Photo Credit: (Photo Source: Vijay Sartape/NDTV Profit)

Photo Credit: Sajeet Manghat/ NDTV Profit

Binny Bansal Steps Down From PhonePe

Binny Bansal, co-founder of Flipkart, has stepped down from PhonePe’s board. Bansal had been involved with PhonePe since its acquisition by Flipkart in 2016.

Photo Credit: Binny Bansal/ X Profile

SEBI Mulls Change In Top Executive Appointments In Market Infrastructure Institutions

The Securities and Exchange Board of India has proposed changes to the process for appointment of specific key managerial persons of a market infrastructure institution, and cooling-off period for top executives and directors of an MII joining a competing organisation.

Photo Credit: SEBI building in Mumbai (Photo: Vijay Sartape/NDTV Profit)

MTNL Misses Escrow Transfer For Bond Payment Due On Dec. 1

Mahanagar Telephone Nigam Ltd. said on Friday that it was unable to fund the escrow account for bond interest payment due on Dec.1, due to insufficient funds. The funds were required for the fourth semi-annual interest payment on the "7.87% MTNL Bond Series VII-B".

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Airlines Must Provide Passenger Facilities During Flight Delays, Says Civil Aviation Ministry

The Ministry of Civil Aviation on Friday has instructed airlines to improve passenger support during flight delays to enhance convenience during disruptions. The Directorate General of Civil Aviation issued an advisory requiring airlines to provide specific services based on the delay duration.

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Sony India Bags Asian Cricket Council Media Rights For 8 Years

Sony Pictures Networks India Pvt. has secured the exclusive media rights for all the Asian Cricket Council tournaments from 2024 to 2031. This includes men's, women's, U-19, and Emerging Teams Asia Cups.

Photo Credit: BCCI/ X Profile

X Is Now India's Number One News App For iPhone Users, Says Elon Musk

Billionaire Elon Musk on Friday claimed that his social media platform X has now become the number one news app on the Apple App Store in India.

Photo Credit: Freepik