By Siddhant Mishra Equities witnessed volatile trade on Thursday, starting off on a strong note and shedding early gains on account of the commentary from the Fed, which continues to maintain its hawkish stance despite agreeing to lower the pace of rate hikes. Also read: New pension scheme with assured returns by May-June Financials and […]
The Bharatiya Janata Party’s Maharashtra unit had initially slated the Mumbai Trans Harbour Link (MTHL), India’s longest sea bridge, for a December 25 public opening. However, with around 97% completion, recent updates suggest a potential delay in inauguration until January 2024. Initially set for December 25, the bridge’s inauguration aimed to alleviate peak-hour travel by […]
Infosys’ disappointing Q4 numbers single-handedly caused the benchmark indices to fall sharply on Monday. The stock fell 9.4% on both the indices and contributed 80% and 88% to the fall in the Sensex and Nifty, respectively. The fall wiped out Rs 54,184 crore from its market valuation pushing it down to Rs 5.22 trillion. Down […]
ICICI Lombard on Wednesday said it received a demand notice for alleged short payment of GST of over Rs 5.66 crore. In a regulatory filing, ICICI Lombard General Insurance Company said it has received an order from the Joint Commissioner CGST & Central Excise, Bhopal, Madhya Pradesh, raising a GST demand of Rs 5,66,02,264 and […]
Shares of Raymond and Godrej Consumer Products (GCPL) were down up to 9% on the BSE in Friday’s intra-day trade after GCPL on Thursday announced the acquisition of the consumer products business of Raymond Consumer Care (RCCL), a subsidiary of Raymond. This would be an all-cash deal for Rs 2,825 crore. Raymond shares closed trade […]
Abans Holdings IPO had a disappointing listing on the bourses on Friday amid weakness in domestic equity markets. Abans Holding shares debuted at Rs 270 on the BSE, which is the same as their issue price. Few minutes into the trade, the stock fell 15% to hit an intraday low of Rs 218 per equity […]
Indian benchmark indices are likely to open flat with a positive bias, hinted SGX Nifty on Friday. Ahead of the session, Nifty futures were trading marginally higher at 18,133 level on the Singapore Exchange. In the previous session, BSE Sensex fell 187 pts to 60,858, while NSE Nifty 50 fell 58 pts to 18,108. Indices […]
The rupee appreciated 15 paise to close at 81.91 (provisional) against the US dollar on Monday as a firm trend in domestic equities and easing crude oil price boosted investor sentiments. However, selling pressure from foreign institutional investors may weigh on the rupee at higher levels. Also Read: International trade in rupee currency soon: Piyush […]
Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad:Theoil pricesin the country have not been changed on 21 December 2022 and costs have been steady for about seven months now. The last country-wide change infuel rateswas on 21 May this year, when Finance MinisterNirmala Sitharamanslashed excise duty on petrol by Rs 8 per […]
Gartner says in 2023, CMOs invested over a quarter of their marketing budgets on technology. But even though 25.4% of their marketing budgets were allocated to these tools, the utilisation of their organisation’s overall martech stack’s capability dropped to just 33% this year, marking a third consecutive year of decline (42% in 2022 and 58% […]
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