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BSE, NSE, Sensex, Nifty, Stock market

Market benchmarks tumble on profit booking

Mumbai: Benchmark stock indices Sensex and Nifty closed sharply lower Monday amid a rush for profit taking and mixed trends in global markets. The 30-share BSE Sensex settled 523 points or 0.73 per cent lower at 21,612.45. The benchmark touched the lowest level of 70,922.57...

Spicejet

SpiceJet plans to lay off 1,000 people

Mumbai: Crisis-hit SpiceJet plans to hand out pink slips to at least 1,000 employees in the coming days as the airline works to significantly reduce costs and streamline operations of its depleted aircraft fleet, officials said Monday. Faced with financial woes, legal battles and other...

IT major Cognizant opens office in Bhubaneswar

Bhubaneswar: Chief Minister Naveen Patnaik inaugurated here Sunday the new facility of Cognizant, one of the largest professional services companies in the world. Speaking on the occasion, Patnaik said, “The entry of Cognizant marks a significant milestone for new Odisha and further solidifies its reputation...

 

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