Swiggy reshuffles board rules as it looks to become an Indian-controlled company

Swiggy said proposed board changes are part of a larger plan to qualify as an Indian-owned and controlled company under foreign exchange rules.

Swiggy said proposed board changes are part of a larger plan to qualify as an Indian-owned and controlled company under foreign exchange rules.

SEBI has ordered former Religare chairperson Rashmi Saluja to return ₹1.99 crore and pay a penalty over alleged insider trading violations.

Nvidia crossed a historic $5.5 trillion valuation as booming global demand for AI chips pushed its shares to fresh record highs.

Balaji Amines Q4 net profit rose 57.8% to ₹63.2 crore, revenue up 11.9%. Shares of Balaji Amines ended higher on Wednesday, May 13, by 1.61% at ₹1,361.00 on the NSE.

Shares of Redington Ltd ended at ₹211.15, up by ₹0.50, or 0.24%, on the BSE.

Bharti Airtel has reappointed its founder Sunil Bharti Mittal as the chairman of the board for five years till September 30, 2031, a company filing said on Wednesday.

US Treasury yields hit highs as April PPI jumps 1.4 percent and 6 percent annually, driven by higher oil costs, boosting fears the Federal Reserve will keep rates elevated longer

The company has recommended a dividend of ₹8 per equity share of face value ₹2 for FY2025-26, translating into a 400% payout. Shares of DLF Ltd ended at ₹577.75, up by ₹8.70, or 1.53%, on the BSE today, May 13.

Revenue rose 11.7% year-on-year to ₹3,373 crore from ₹3,019 crore in the corresponding quarter last year. Shares of DCM Shriram closed at ₹1,178 on the NSE on Wednesday, May 13, down ₹15.40 or 1.29%.

The rupee has fallen 7.4% against the dollar in six months, making it among the world’s weakest currencies amid rising oil prices and investor outflows.