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Category: Business

Business

Day After Adani Group Rejects OCCRP Report, Shares Gain

Posted on September 1, 2023 By admin
Day After Adani Group Rejects OCCRP Report, Shares Gain

Most of the heavyweight Adani Group stocks have recovered at least 50 per cent. New Delhi: A day after the Adani Group rejected the OCCRP (Organised Crime and Corruption Reporting Project) report, Adani Group shares recovered from intraday lows and traded in the green.  Shares of Adani Group’s flagship company Adani Enterprises witnessed a surge…

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Business

Most Adani Group Stocks Rise As Markets Shrug Off OCCRP Allegations

Posted on September 1, 2023 By admin
Most Adani Group Stocks Rise As Markets Shrug Off OCCRP Allegations

Most Adani Group stocks were trading higher at around 1 p.m. on Friday. Indian stock markets shrugged off the allegations raised by the OCCRP report alleging “opaque” trading by Adani Group.  After the initial reaction on the day the report was released, there was no follow through selling in the Adani group stocks. The general…

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Business

Seven Best Sites To Buy Instagram Followers

Posted on September 1, 2023 By admin
Seven Best Sites To Buy Instagram Followers

Popular influencers can establish a brand around the material they provide and become well-known in their industry, which may open up new employment prospects. However, your popularity on Instagram is based on your number of followers. It may take years for an influencer to become popular and build up enough followers to earn a salary,…

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Business

Venugopal Kasturi elected Chairman of Kasturi and Sons Ltd.

Posted on September 1, 2023 By admin
Venugopal Kasturi elected Chairman of Kasturi and Sons Ltd.

Venugopal Kasturi, Director, Kasturi and Sons Ltd, has been elected as Chairman of the firm. File photo. | Photo Credit: Mohammed Yousuf Venugopal Kasturi has been elected Chairman of Kasturi and Sons Ltd., the holding company of The Hindu Group Publishing Private Ltd (THGPPL), the publishers of The Hindu, Businessline, Frontline and Sportstar. He was…

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Business

Global Agency Moody’s Raises India’s Growth Forecast To 6.7 Per Cent For 2023

Posted on September 1, 2023 By admin
Global Agency Moody’s Raises India’s Growth Forecast To 6.7 Per Cent For 2023

Moody’s Investors Service today raised India’s growth projection for 2023 calendar year to 6.7% New Delhi: Moody’s Investors Service today raised India’s growth projection for 2023 calendar year to 6.7 per cent on account of robust economic momentum. “Strong services expansion and capital expenditures propelled India’s 7.8 per cent real GDP growth in the second…

Read More “Global Agency Moody’s Raises India’s Growth Forecast To 6.7 Per Cent For 2023” »

Business

Vedanta ran covert lobbying campaign to weaken environmental laws: OCCRP

Posted on September 1, 2023 By admin
Vedanta ran covert lobbying campaign to weaken environmental laws: OCCRP

File picture of the Vedanta logo outside its headquarters in Mumbai | Photo Credit: Reuters Mining and oil giant Vedanta ran a covert lobbying campaign to weaken key environmental regulations during the pandemic, OCCRP alleged in a new report. The not-for-profit organisation said the Indian government approved the changes without public consultation and implemented them…

Read More “Vedanta ran covert lobbying campaign to weaken environmental laws: OCCRP” »

Business

S&P Global India Manufacturing PMI signals August activity hit nearly three-year high

Posted on September 1, 2023 By admin
S&P Global India Manufacturing PMI signals August activity hit nearly three-year high

Representational image only. | Photo Credit: The Hindu   Manufacturing firms’ order books and output levels expanded at the fastest pace in nearly three years this August, as per the S&P Global India Manufacturing Purchasing Managers’ Index (PMI) that rose to 58.6 last month from 57.7 in July.  A reading of over 50 on the index…

Read More “S&P Global India Manufacturing PMI signals August activity hit nearly three-year high” »

Business

Public sector Oil Marketing Companies (OMCs) have slashed the price of 19 kg commercial LPG gas cylinders by ₹158. The new prices will be effective from today. In Delhi, the retail price of the 19 kg commercial LPG cylinder will be ₹1,522

Posted on September 1, 2023 By admin
Public sector Oil Marketing Companies (OMCs) have slashed the price of 19 kg commercial LPG gas cylinders by ₹158. The new prices will be effective from today. In Delhi, the retail price of the 19 kg commercial LPG cylinder will be ₹1,522

File picture of workers loading LPG cylinders on to a truck. | Photo Credit: Reuters Public sector Oil Marketing Companies (OMCs) have slashed the price of 19 kg commercial LPG gas cylinders by ₹158, according to the sources. The new prices will be effective from today. In Delhi, the retail price of the 19 kg commercial…

Read More “Public sector Oil Marketing Companies (OMCs) have slashed the price of 19 kg commercial LPG gas cylinders by ₹158. The new prices will be effective from today. In Delhi, the retail price of the 19 kg commercial LPG cylinder will be ₹1,522” »

Business

Sensex, Nifty rise in early trade

Posted on September 1, 2023 By admin
Sensex, Nifty rise in early trade

Representational image only. | Photo Credit: Reuters Equity benchmark indices Sensex gained more than 140 points and Nifty rose 57 points in early trade on September 1 as investors seemed to be relatively cautious amid mixed global cues. Economic growth of 7.8% in the three months ended June, the highest in the past four quarters,…

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Business

Rupee rises 9 paise to 82.61 against US dollar in early trade

Posted on September 1, 2023 By admin
Rupee rises 9 paise to 82.61 against US dollar in early trade

The rupee appreciated by 9 paise to 82.61 against the US dollar in early trade on Friday, September 1, 2023 tracking cues from positive domestic equity markets on the back of robust macroeconomic data. However, outflow of foreign funds and crude prices hovering around USD 87 per barrel weighed on the domestic unit, according to…

Read More “Rupee rises 9 paise to 82.61 against US dollar in early trade” »

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