The Indian equity benchmarks declined for second straight session on Thursday mirroring losses in global markets after the US Federal Reserve hinted that it may raise interest rates at a much faster pace than assumed. The Sensex fell as much as 462 points and Nifty 50 index briefly dropped below …
Read More »Markets Near Day’s Lows, Sensex Sheds Over 400 Points, Nifty Below 15,700 On Weak Global Cues
Tata Steeel, Hindalco, Maruti Suzuki, Hero Motocorp, ICICI Bank and HDFC Bank have lost 1-3 per cent each The benchmark indices are trading near the lows of the day, amid a largely negative trend in global markets, after the US Federal Reserve hinted that it may raise interest rates at …
Read More »Punjab & Sind Bank Edges Lower After Declaring Lanco Infratech As Fraud Account
Shares of Punjab & Sind Bank were last trading 2.24 per cent lower at Rs 19.65 on the NSE. Share price of Punjab & Sind Bank edged lower by around two per cent on Thursday, June 17, a day after the public-sector lender declared Lanco Infratech as a fraud account …
Read More »Fiscal Stimulus Of Rs 3 Lakh Crore Needed To Push Demand
CII president T V Narendran has called for ramping up vaccine production to boost economy The industry body Confederation of Indian Industry (CII) has advocated for a Rs 3 lakh crore fiscal stimulus to boost demand in the economy and said that accelerated vaccination is the key to faster …
Read More »Dodla Dairy IPO Oversubscribed On Second Day
Dodla Dairy share sale via initial public offering (IPO) was oversubscribed on the second day of the issue. Dodal Dairy shares were in high demand as the issue was subscribed over two times till 1:20 pm on the second day of the issue, data from the National Stock Exchange showed. …
Read More »India Pesticides initial public offering (IPO) To Open On June 23. Here Are Things To Know
India Pesticides IPO: India Pesticides manufactures herbicides, insecticides and fungicide formulations India Pesticides’ Rs 800 crore initial public offering (IPO) will open for bidding on June 23. The agrochemical technicals company’s primary market issue will be open for three days, until June 25. The shares are likely to be listed …
Read More »Government Puts On Hold Proposal To Cut Import Tax On Edible Oils: Sources
India has put on hold a proposal to reduce import taxes on edible oils India has put on hold a proposal to reduce import taxes on edible oils as cooking oil prices started to fall in the world market after hitting record highs, two government and one industry officials …
Read More »CBSE 12th Result LIVE Updates-Evaluation Criteria Out; Class 10, 11, Pre-Boards Marks To Be Considered
Central Board of Secondary Education (CBSE) and Council For the Indian School Certificate Examinations (CISCE) will submit the Class 12 evaluation criteria for CBSE Class 12 Results 2021 in Supreme Court today. A 13-member committee was constituted by the Boards to work on the CBSE Class 12 evaluation criteria. The assessment …
Read More »Flipkart Challenges Anti-Trust Probe By Competition Commission Of India
Flipkart has challenged restart of an anti-trust probe against it by Competition Commission of India Walmart’s Flipkart has filed a legal challenge against the restarting of an anti-trust probe into the company, arguing in a court filing that the investigation would cause “irreparable injury.” The Competition Commission of India …
Read More »Somany Ceramics Surges To Record High After March Quarter Earnings
Shares of tile and sanitaryware maker Somany Ceramics surged as much as 14 per cent to hit record high of Rs 558.95 after it swung to profit in March quarter. Somany Ceramics reported consolidated net profit of Rs 31 crore in January-March period against loss of Rs 9.32 crore in …
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