Two entities that are part of the promoter group in Adani Power have acquired a 2.2% stake through the open market between September 5 and 25. Fortitude Trade & Investment bought 65.8 million shares constituting 1.71 % stake in the company between September 5 to September 21. Similarly, Emerging Market Investment DMCC acquired 19.2 million […]
Month: March 2023
Lord Jagannath’s ‘Rath Yatra’: Thousands of devotees congregate in Puri; President Droupadi Murmu offers prayers – SEE PHOTOSLord Jagannath’s ‘Rath Yatra’: Thousands of devotees congregate in Puri; President Droupadi Murmu offers prayers – SEE PHOTOS
1/9 In Puri, thousands of devotees have congregated for Lord Jagannath’s annual ‘Ratha Jatra’ on Tuesday. The Odisha government has made elaborate arrangements.Shree Jagannath Temple Administration (SJTA) chief administrator Ranjan Kumar Das on Tuesday said that a congregation of around 10 lakh people in Puri is expected. Here the chariots of Lord Balabhadra, Devi Subhadra, […]
Nifty heading towards lifetime high, keep buying on dips, but watch for volatility in the run up to US Fed meetNifty heading towards lifetime high, keep buying on dips, but watch for volatility in the run up to US Fed meet
Dharmesh Shah, ICICI Securities The week that was… The equity benchmark indices inched northward amid elevated global volatility. The NSE Nifty 50 settled the week at 18563, up 29 points. In the process, broader market continued to outperform as Nifty Midcap surged 0.5% while small cap index gained 1.2%. Sectorally, Auto, energy, metal and PSU […]
PayMate plans IPO in 6-9 monthsPayMate plans IPO in 6-9 months
PayMate is planning to launch its Initial Public Offering (IPO) in the next six to nine months, says chairman and managing director Ajay Adiseshan. “We have some great wins contractually. We have lots of global expansion activity, implementation, and execution underway. Combining all of this, it really sets us up for an IPO in the […]
2024 New Year: Are you aware about 5 major UPI changes? Know all about RBI’s latest modifications2024 New Year: Are you aware about 5 major UPI changes? Know all about RBI’s latest modifications
With the coming of the new year comes new changes in many sectors. Along with changes in the finance sector, UPI rules have also changed. The new regulations promise significant enhancements to the online banking and payment transaction experience. The Unified Payments Interface (UPI), a swift mobile-based money transfer system, has emerged as the nation’s […]
Delhi simmers! Hot weather disrupts normal life in national capital – See in picsDelhi simmers! Hot weather disrupts normal life in national capital – See in pics
1/9 Delhi experienced a warm morning on Monday with the minimum temperature settling at 28.8 degrees Celsius, a notch above the season’s average. The relative humidity recorded at 8.30 am was 53 per cent. (PTI Photo) 2/9 The India Meteorological Department has predicted strong surface winds during the day and the maximum temperature is expected […]
Stocks To Watch: Adani Enterprises, Power Finance, L&T, Glenmark Pharma, Ambuja Cements, Tata Power, RITESStocks To Watch: Adani Enterprises, Power Finance, L&T, Glenmark Pharma, Ambuja Cements, Tata Power, RITES
Stocks in focus: GIFT Nifty was 0.03% lower during Tuesday’s early trading session at 19,382, indicating a flat opening for domestic indices NSE Nifty 50 and BSE Sensex. Domestic benchmarks NSE Nifty 50 and BSE Sensex broke their two-day slide on Monday. Sensex rose by 0.41% to 65,216.09, and Nifty 50 increased by 83 points, […]
Rupee falls most in a month as crude oil prices weighRupee falls most in a month as crude oil prices weigh
The rupee witnessed its highest decline in a month as it was dragged lower by a strengthened US dollar and a sharp increase in crude oil prices. The rupee fell by 29 paise to end at Rs 83.04 against the dollar on Tuesday, according to data from Bloomberg. Similarly, it had fallen by 33 paise […]
Lacklustre Monday: Sensex closes down 241 points, Nifty ends at 20,133; metals, pharma and select IT stocks dragLacklustre Monday: Sensex closes down 241 points, Nifty ends at 20,133; metals, pharma and select IT stocks drag
It’s been a rather lacklustre Monday session fro Dalal Street after the indices scaled new highs the previous week. Trading was primarily rangebound as the indices took a breather awaiting policy decisions by key Global Central Banks. The Nifty closed well below last week’s highs at 20,133.30, down 0.29%. The Sensex too declined by more […]
CAI estimates 311.18 lakh bales of cotton production for 2022-23 seasonCAI estimates 311.18 lakh bales of cotton production for 2022-23 season
The Crop Committee meeting of the Cotton Association of India (CAI) on August 12 estimated the cotton crop production for the 2022-23 season at 311.18 lakh bales of 170 kgs. each (equivalent to 326.55 lakh running bales of 162 kgs. each). With an estimated production of 92 lakh bales, Gujarat is to be the highest […]