Foreign institutional inventors (FII) bought shares worth a net Rs 455.94 crore while domestic institutional investors (DII) purchased shares worth a net Rs 494.74 crore on Tuesday, December 20, 2022, according to the data available on NSE. For the month till December 20, FII sold shares worth a net Rs 7,572.21 crore while DII bought […]
Fast-moving consumer goods company Hindustan Unilever (HUL) standalone net profit increased by 12% to Rs 2,505 crore. The company had reported a profit of Rs 2,243 crore in the year-ago period. The company’s standalone revenue from operations came in at Rs 15,228 crore, up 16% against Rs 13,092 crore logged in the corresponding quarter of […]
Indeed, a global hiring and matching platform, has shared insights that reveal Indian businesses are gearing up for changes in hiring in 2024. From what it’s understood, the focus has been on adopting AI and meeting the expectations of Gen-Z employees. According to an official release, 59% of employees have shown confidence in their ability […]
By Shyam Sundar Nagarajan The debate around optimal work hours and productivity has intensified in recent years. On one end of the spectrum, some business veterans advocate working 70-hour weeks to boost productivity. On the other end, millennials push for a 4-day workweek for a better work-life balance. Lost in this polarised debate is the […]
Crude oil prices rebounded on Wednesday as demand recovery hopes in top importer China following its exit from COVID-19 pandemic curbs provided support after prices dropped in the previous session on concerns about global economic growth. Brent crude futures gained 59 cents, or 0.7%, to $86.72 per barrel by 0214 GMT after falling 2.3% in […]
The Indian rupee opened 11 paise higher at 81.82 per dollar on Thursday against the previous close of 81.93 per dollar. The local unit is likely to appreciate further amid weakness in the dollar and a rise in risk appetite in global markets. Further, the rupee may be supported as the Government of India in […]
By Shibu Paul The holiday season is a time for celebration and well-earned vacations. But amidst the festive spirit, a lurking threat emerges for businesses: cyberattacks. While businesses slow down to celebrate, hackers often accelerate their activities, aiming to exploit vulnerabilities in the holiday chaos. While the end of the year may bring a slower […]
Indian benchmark equity indices concluded Thursday’s volatile session deeply in the red. The BSE Sensex closed below 59,850 and the NSE Nifty 50 settled below 17600. Bank Nifty concluded below 41300. The top gainers of the Nifty 50 were Tata Steel (up 1.60%), Larsen & Toubro (up 1.02%), Apollo Hospital (up 0.82%), Bharti Airtel (up […]
Indian benchmark indices stare at a positive start on weekly F&O expiry. SGX Nifty hinted at a positive start for domestic equities as Nifty futures traded 111 pts or 0.61% up at 18361 levels. In the previous session, BSE Sensex plunged 1%, while Nifty 50 plummeted 186 pts to 18,199. “Indian markets underperformed their Asian […]
By Siddhant Mishra The BSE midcap index slipped into the negative territory for 2022 on Friday, with the markets witnessed a huge fall. The index crashed 858.44 points, or 3.40%, to 24,426.79, on a day the Sensex slumped by almost 1,000 points to end below the 60,000-mark. Year to date, it has declined 2.18%. Also […]