Hyderabad’s Rajiv Gandhi International Airport and Bengaluru’s Kempegowda International Airport have snagged the second and third spots among the world’s top ten global airports in terms of operational performance and punctuality. The rankings have been released in the 2023 On-Time Performance (OTP) Review by aviation analytics firm Cirium. The findings, released on Tuesday, highlight the […]
Stocks To Watch: Jio Financial Services, VI, Mphasis, Adani Energy, Piramal Enterprises, RITESStocks To Watch: Jio Financial Services, VI, Mphasis, Adani Energy, Piramal Enterprises, RITES
Stocks in focus: GIFT Nifty was 0.24% higher during Wednesday’s early trading session at 19,361.5, indicating a positive opening for domestic indices NSE Nifty 50 and BSE Sensex. Domestic indices NSE Nifty 50 and BSE Sensex gave up their gains on Tuesday to end flat, continuing the range-bound trend. Nifty concluded just below 19,400, unable […]
Top bets for Jefferies this week- HDFC Life, DMart, DalmiaTop bets for Jefferies this week- HDFC Life, DMart, Dalmia
This is a start of the new week and earnings season has kickstarted. So what should be your top stock bets? Here is a look at some of the top recommendations from Jefferies- HDFC Life Insurance Jefferies sees 28% upside potential in HDFC Life Insurance Company and recommended ‘Buy’ with an upside target of Rs […]
Forex reserves drop by USD 2.17 billion to USD 584.74 billionForex reserves drop by USD 2.17 billion to USD 584.74 billion
The country’s forex reserves dropped by a further USD 2.166 billion to USD 584.742 billion for the week ended October 6, the RBI said on Friday. India’s forex kitty had gone down by USD 3.794 billion to USD 586.908 billion in the previous week. For the week ended October 6, the foreign currency assets, a […]
Mcap of seven of top 10 firms declines by Rs 80,200 crore; TCS, HDFC Bank biggest laggardsMcap of seven of top 10 firms declines by Rs 80,200 crore; TCS, HDFC Bank biggest laggards
The combined market valuation of seven of the top 10 valued firms declined by Rs 80,200.24 crore last week amid a weak trend in equities, with Tata Consultancy Services and HDFC Bank emerging as the biggest laggards. In a holiday-shortened last week, the BSE benchmark fell by 373.99 points or 0.57 per cent. From the […]
Global Markets: Asian shares set for worst month since Feb on China gloomGlobal Markets: Asian shares set for worst month since Feb on China gloom
Asian shares were set for the worst month since February, with sentiment hurt by still-gloomy China factory activity, while investors were also cautious ahead of a barrage of U.S. data that could add to bets that interest rates have peaked. MSCI’s broadest index of Asia-Pacific shares outside Japan added 0.1% but was still headed for […]
Stock exchanges slap fines on IOC, ONGC, GAIL for failure to meet listing regulationsStock exchanges slap fines on IOC, ONGC, GAIL for failure to meet listing regulations
Stock exchanges have slapped fines on state-owned oil and gas firms including IOC, ONGC and GAIL for their failure to meet listing requirements of having a requisite number of independent directors and women directors. In separate filings, the companies detailed the fines imposed by the BSE and NSE but were quick to point out that […]
FPIs infuse Rs 8,400 crore in equities this month on global uncertainty, China concernsFPIs infuse Rs 8,400 crore in equities this month on global uncertainty, China concerns
Foreign Portfolio Investors (FPIs) have infused close to Rs 8,400 crore in Indian equities so far this month primarily due to uncertainty in the global markets, economic concerns in China, and stability of the domestic economy. With the global economic mood getting challenging due to slackening Chinese demand, any weakness in global equities could trigger […]
Tata supplies 100 electric buses to Assam State Transport CorporationTata supplies 100 electric buses to Assam State Transport Corporation
Tata Motors has announced that it has supplied 100 electric buses to the Assam State Transport Corporation (ASTC). The 9-metre, air-conditioned Tata Ultra electric buses that will ply on the roads of Guwahati are designed to provide a safe, comfortable and convenient intra-city commute. These zero-emission buses are indigenously built on a next-gen architecture, equipped […]
A $188 billion exodus shows China’s heft fading in world marketsA $188 billion exodus shows China’s heft fading in world markets
A massive retreat of funds from Chinese stocks and bonds is diminishing the market’s clout in global portfolios and accelerating its decoupling from the rest of the world. Foreign holdings of the nation’s equities and debt have fallen by about 1.37 trillion yuan ($188 billion), or 17%, from a December-2021 peak through the end of […]