By Nuvama research SpiceJet’s (SJ) reported a positive EBITDAR of Rs 5.9bn as demand increased during the festive season. The return of aircraft and a waiver on lease rental also contributed to the growth of EBITDAR. Also read: FE SMExports Summit 2023: India’s top MSME voices share blueprint for scaling up exports SJ reported the […]
Wall Street’s main indexes dropped on Wednesday, with the Nasdaq down 2% as Microsoft’s outlook weighed down technology stocks, while a bleak quarterly report from Boeing added to fears of a recession.Shares of Microsoft fell 3.9% after it warned that growth in its lucrative cloud business could stall, while its PC unit continued to struggle. […]
Travel tech firm OYO is back on the path to going public and has refiled its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (Sebi) under the confidential pre-filing route which was introduced in November, according to sources close to the company. OYO’s new DRHP will give the company more […]
Oil prices were steady on Wednesday as investors await the U.S. Federal Reserve’s comments after recent data pointed to the possibility of more interest rates hikes, which may lower economic growth and limit global fuel demand. Brent crude futures for April delivery were up 2 cents to $83.07 a barrel by 0242 GMT after falling […]
By Rajesh Palviya In Nifty current series a Long Unwinding has been witnessed with decrease in price of (-)2.18% and decrease in OI by (-)31% as of Wednesday, wherein there was unwinding of 37.79.06 lakh shares in OI, decreasing from 122.67 lakh to 84.88 lakh shares. NSE Nifty 50 current month rollover stands at 23% […]
NSE Nifty 50 is likely to top 17,700 levels, and Bank Nifty may cross 38,700 in near-term before correcting to more modest levels, Sanjiv Bhasin, Director, IIFL Securities, said. In today’s session, Nifty 50 hit a day’s high of 17,566.10, and a low of 17,442.80. Sanjiv Bhasin in an interview with Surbhi Jain of FinancialExpress.com, […]
Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad:Petrol and diesel prices were constant on Sunday, 30 April across New Delhi, Kolkata, Mumbai, and Bengaluru. Petrol rates and diesel rates have been steady over the last ten months. However, individual cities see fluctuations in their prices everyday. The prices of petrol and diesel […]
Japanese conglomerate Softbank‘s arm SVF Doorbell (Cayman) on Wednesday divested 3.8 per cent of its stake in supply chain company Delhivery for Rs 954 crore through open market transactions. Saudi Arabian Monetary Authority, City of New York Group Trust, Societe Generale, BNP Paribas Arbitrage, Morgan Stanley Mauritius, Baillie Gifford Emerging Markets Equities Fund were among […]
The new sub-variant of coronavirus has been rapidly spreading across India. On Wednesday, the first case of JN. 1 variant of COVID-19 was reported in the National Capital. The officials have said that there is no need to panic or to be worried despite the rising number of COVID-19 infection cases. The Director & HOD […]
The dollar steadied on Thursday after riding long-end U.S. Treasury yields higher overnight, as initial optimism over China’s reopening fizzled. Following China’s removal of its quarantine rule for inbound travellers beginning Jan. 8, countries such as the United States, Japan and India said they would require COVID tests for travellers from China. The speed at […]
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