S&P BSE SENSEX 50 Index News and Updates

Keep track of all breaking news on S&P BSE SENSEX 50 Index from all sources in a single place.

06 May 2025, 11:20PM

1901.00

1.88%

TCIL kept out of Bharti Hexacom tower valuation; new deal in works

Business Standard

State-run Telecommunications Consultants India (TCIL) was not consulted in the valuation process for the sale of 3,400 mobile towers to Indus Towers for Rs 1,134 crore, and a fresh deal is being worked out, a government source said. Bharti Airtel and Bharti Hexacom board approved sale of their firms' telecom towers for Rs 2,147.6 crore and Rs 1,134 crore, respectively, to their group company Indus Towers in the first week of February. The deal is being worked out afresh and TCIL has now been engaged in the process, the source said. "TCIL was not kept in loop about sale of Bharti Hexacom mobile towers to Indus Towers. The deal was limited for transactions among group firms only. TCIL wants the sale to take place through an open bidding process where other players can also participate," the source said. TCIL holds a 15 per cent stake in Bharti Hexacom -- a subsidiary of Bharti Airtel. An Airtel spokesperson said the company remains convinced about the business logic and merits of th

Number of FII/FPI investors increased from 1835 to 1971 in Mar 2025 qtr.

IndusInd Bank Ltd.

06 May 2025, 09:50PM

831.80

-1.77%

After Top Management Exits, Other IndusInd Bank Employees May Come Under Scrutiny

NDTV Profit

Employees in the treasury, audit, risk, operations and other adjacent departments are undergoing investigations, sources said.

Emkay downgraded IndusInd Bank Ltd. to Sell with a price target of 725.0 on 30 Apr, 2025.

Tata Motors Ltd.

06 May 2025, 09:43PM

648.20

-2.02%

Tata Motors shareholders approve plan to split into two listed companies

Business Standard

The proposal, which would give the shareholders equal stakes in both the listed entities, was approved with 99.9995% of votes, it said in an exchange filing

Tata Motors Ltd. has lost -22.43% in the last 6 Months

Bharti Airtel Ltd.

06 May 2025, 08:51PM

1901.00

1.88%

Airtel Africa Partners With SpaceX To Expand Starlink Internet Services Across The Continent

NDTV Profit

As such, Starlink is a satellite internet service developed by SpaceX -- the American aerospace manufacturer and space transportation company founded in 2002 by world's richest man Elon Musk. It provides high-speed, low-latency broadband internet worldwide using satellite technology.

Bharti Airtel Ltd. has gained 20.44% in the last 6 Months

Airtel Africa partners with Starlink to provide satcom across continent

Business Standard | 06 May 2025, 07:03PM

Bajaj Auto Ltd.

06 May 2025, 07:30PM

7945.50

0.32%

EV sales fall 17.6% in April; e2W hit hard by subsidy reduction: Fada

Business Standard

Bajaj Auto, Ather Energy, and Hero also recorded double-digit declines in their monthly sales. Only Kinetic Green Energy and Power Solutions reported a rise in their m-o-m e2W sales, up 55.1 per cent

Bajaj Auto Ltd. has an average target of 10420.00 from 12 brokers.

State Bank of India

06 May 2025, 07:01PM

774.10

-2.01%

SBI making employees future' ready with new initiatives

Business Line

SBI launches largest staff engagement programme to empower employees with skills and pride for future readiness

State Bank of India is trading below its 30 day SMA of 779.8

Private sector is interested in India's Nuclear Energy push, but policy gap remains: SBI

Business Line | 06 May 2025, 10:10AM

Tata Consultancy Services Ltd.

06 May 2025, 07:00PM

3460.00

0.17%

TCS has paid 100% quarterly variable allowance to over 70% employees

Business Line

TCS said that for employees of other grades, pay depends on the business performance of their respective units

Tata Consultancy Services Ltd. is trading above its 30 day SMA of 3437.0

TCS Releases AI-Powered Solution 'MasterCraft' For Modernising Legacy Enterprise Systems

NDTV Profit | 06 May 2025, 06:10PM 2 more

JSW Steel Ltd.

06 May 2025, 04:55PM

967.50

1.26%

SC ruling on BPSL likely to have adverse bearing on JSW Steel's financials

Business Standard

The Supreme Court ruling against JSW Steel's resolution plan for BPSL take over is likely to have an adverse bearing on the financials of the Sajjan Jindal-led steel major which may witness a 13 per drop in revenues, ratings firm CreditSights said on Tuesday. JSW Steel may also lose its competitiveness along India's mineral-rich east coast, where BPSL's steel plant is located, the FitchSolutions company said in a report. CreditSights said it views that the loss of BPSL as modestly credit negative for JSW (Steel). Last week on Friday, the Supreme Court set aside a resolution plan submitted by JSW Steel for BSPL, holding it illegal and in violation of the Insolvency and Bankruptcy Code (IBC). A bench comprising Justices Bela M Trivedi and Satish Chandra Sharma criticised the conduct of all key stakeholders in the resolution process -- the resolution professional, the Committee of Creditors (CoC) and the National Company Law Tribunal (NCLT) -- for enabling what it termed a "flagrant .