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From the 30 blue-chip Sensex pack, JSW Steel, Nestle and Titan were the gainers. File | Photo Credit: Reuters Equity benchmark indices Sensex and Nifty plunged about 1.5% on Friday (December 20, 2024), taking their downtrend to the fifth straight session, owing to risk aversion in the global markets after the hawkish stance of the…
Traders said the rupee recovered from lower levels in the latter half of the day on the softening of the U.S. dollar index and a potential intervention by the RBI. File Photo: Venkatachalapathy C. The rupee saw some recovery from its all-time low level and appreciated 10 paise to close at 85.03 (provisional) against the…
Read More “Rupee recovers from all-time low, gains 10 paise to 85.03 against U.S. dollar” »
Cupid Limited, which is into Fast Moving Consumer Goods (FMCG) has announced the appointment of four new directors on its board to strengthen governance. “Smeeta Bhatkal, the Dean, BFSI at Welingkar Institute of Management; Santosh Desai, Managing Director and CEO of Future Brands Limited and Akshay Kumar who had previously worked with Unilever, Citibank, Standard Chartered, Bharti Airtel have joined as…
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StandardAero is also a MRO services provider for CFM LEAP-1B engines, which power SpiceJet’s Boeing 737 MAX planes. File | Photo Credit: Reuters SpiceJet has entered into an agreement with US-based StandardAero that will provide the services for operationalising the airline’s grounded Boeing 737 MAX planes and three of the aircraft are expected to return…
The logo of the Securities and Exchange Board of India (SEBI) is seen on the facade of its headquarters in Mumbai. | Photo Credit: REUTERS Six entities, including Samir Kothari and Jitendra N. Kewalramani, has settled with Sebi in a case pertaining to the suspected front-running of trades by paying ₹3.49 crore towards settlement charges….
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Representational image only. File | Photo Credit: The Hindu “Export of special technical textile products grew 6.2% between April and November compared with the same period last year,” said Ashok Kumar Malhotra, Mission Director of the National Technical Textiles Mission (NTTM). Mr. Malhotra told The Hindu on Friday (December 20, 2024) that the exports were worth ₹2,915…
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“Before sanctions, India was Venezuela’s second largest market for its crude,” according to ship tracking data. | Photo Credit: Reuters “Reliance Industries and Venezuela’s state oil company PDVSA have resumed an oil swap that had been paused owing to U.S. sanctions on the South American country,” according to an internal PDVSA document showed on Thursday…
Read More “Reliance, Venezuela’s PDVSA resume oil swap under U.S. authorisation, shows document” »
China’s external lending increased massively over the last two decades Over 25% of the world’s bilateral external debt was owed to China by the end of 2023, making the country the leading debt collector. Two decades ago, the country rarely lent money; Japan lent the highest amount, followed by Germany, France, the United States and…
The 30-share BSE benchmark Sensex declined 214.08 points to 79,003.97 in early trade. The NSE Nifty also dipped 63.8 points to 23,887.90. File | Photo Credit: Reuters Equity benchmark indices Sensex and Nifty declined in early trade on Friday (December 20, 2024) amid unabated foreign fund outflows and concerns over the US Federal Reserve signalling…
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(L to R) Hardeep Singh Brar, Senior VP National Head of Sales Marketing, Teck Koun Kim, Kia Global Design Centre, Gwanggu Lee, MD & CEO, Kia India and Joonsu Cho, CSO, Kia India. | Photo Credit: Special Arrangement Kia India unveiled its highly-anticipated compact SUV, the Syros, marking the fifth addition to its SUV line-up…
Read More “Kia Syros sports utility vehicle unveiled in India” »
