Sensex Today | Share Market Updates: The market capitalisation of BSE-listed firms reached a new lifetime peak of ₹317.33 lakh crore on Wednesday as the benchmark Sensex maintained its winning run for the fourth day running.Wall Street's three primary indices concluded Wednesday's trading session in the red. The Nasdaq experienced the most significant decline, with a 1% loss, primarily attributed to concerns arising from robust services sector data surpassing expectations.
This data raised worries that persistent inflation might necessitate an extended period of elevated interest rates.State-owned REC Ltd is looking at expanding its loan portfolio for green projects to ₹3 trillion by 2030, said its chairman and managing director Vivek Kumar Dewangan. Addressing the 54th annual general meeting (AGM) of the company, the CMD said that going forward REC would be known for its renewable energy initiatives across solar, wind, hybrid, and e-mobility projects, along with newer spaces like green hydrogen, green ammonia projects, round-the-clock projects and ethanol manufacturing.
(Read more)Zomato's efforts to improve its profitability have yielded results in recent quarters, but the fight to meet its goals is on. Lately, the online food delivery company has started levying a platform fee of ₹2-3 per order on its app on a pilot basis.
The “small fee" has been introduced to “help us pay the bills so that we can keep Zomato running," the food delivery app’s order section shows. According to the company, the platform fee will apply to all customers.
Read more on livemint.com