Lupin shares fell as much as 4 per cent to hit an intraday low of Rs 913. Shares of the Mumbai-based drug maker – Lupin – fell as much as 4 per cent to hit an intraday low of Rs 913 after the company informed exchanges that the US drug …
Read More »Fuel Prices Remain Unchanged For 14th Day In A Row. Check Latest Rates Here
Petrol and Diesel Rates Today in Delhi, Kolkata, Chennai, Mumbai: Fuel rates remained stable Petrol, Diesel Price Today: Petrol and diesel prices remained unchanged across the four metros, for the 14th consecutive day, on Sunday, September 19, 2021. In the national capital, petrol prices were steady at Rs 101.19 per …
Read More »Microsoft To Conduct $60 Billion Share Buyback Program, Appoints President Brad Smith As Vice Chairperson
The buyback program has no expiration date and may be terminated at any time Microsoft Corp on Tuesday said it will conduct an up to $60 billion share buyback program, raise its quarterly dividend by 11 per cent, and appoint company President Brad Smith as vice chair. Microsoft said …
Read More »Ease Pressure On Vodafone Idea, Banks led by State Bank of India Tell Government
Vodafone Idea had cash and cash equivalents of Rs 9.2 billion at the end of June Banks led by State Bank of India (SBI) have called on the government to give debt-laden Vodafone Idea more time to clear its tax dues and spectrum fees, two bankers and a government …
Read More »Capital markets regulator SEBI Introduces T+1 (Trade day plus 1 day) Settlement Cycle for Share Transactions
Stock exchanges will have flexibility to either offer T+1 or T+2 settlement cycle for share transactions Capital markets regulator Sebi has introduced an optional T+1 (Trade day plus 1 day) settlement cycle for completion of share transactions “to enhance market liquidity.” Under the T+1 rule, stock transactions will be settled …
Read More »India Clocks Highest Ever FPI Equity Inflow At Rs 2.74 Lakh Crore
The rise in foreign fund inflows have led equity benchmark indices to touch record new highs. India emerged as one of the most favoured destinations for global fund managers with foreign portfolio investment (FPI) inflows into equity markets totalling Rs 2.74 lakh crore in 2020-21. The FPI equity during 1992-2020 …
Read More »IT giant Infosys Announces New Partnership With Economist; Stock Edges Lower
At 10:35 am, Infosys shares were trading at Rs 1,685, lower by 0.4 per cent on the BSE Infosys has announced a multi-year strategic partnership with global media firm Economist Group to accelerate sustainability solutions. The partnership will “combine Infosys’ digital services and capabilities with Economist Group’s global policy research …
Read More »Yellow Metal Rises In Domestic Markets
Gold Price Today: Yellow metal rates rose in the domestic market Yellow metal prices rose on Wednesday in the domestic market as on the MCX, gold October futures went up to trade at Rs 47,011 per 10 gram. This was Rs 72 more than the previous close of Rs 46,939. Similarly …
Read More »Sensex Rebounds Over 500 Points From Day’s Low;HDFC, Bharti Airtel, ITC Top Gainers
Bharti Airtel, HDFC, ITC and Reliance Industries have gained 1-2 per cent each on BSE The benchmark indices have rebounded from intra-day lows to touch fresh life-time highs on Tuesday afternoon, thanks to buying interest in heavyweights such as HDFC, Bharti Airtel, ITC and Reliance Industries. The BSE Sensex has …
Read More »Chief Economic Adviser K V Subramanian
Our macroeconomic fundamentals are very very strong, said Chief Economic Advisor India will not be impacted by the U.S. Federal Reserve’s move to tighten liquidity expected later this year, as India’s macro-economic fundamentals are strong, Chief Economic Adviser K V Subramanian said on Tuesday. Asia’s third-largest economy has bad memories …
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