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The 30-share BSE Sensex rises 1.59 points to close flat at 81,510.05. During the day, it climbed 217.88 points or 0.27% to hit an intraday high of 81,726.34. | Photo Credit: PTI GRAPHICS Equity benchmark indices Sensex and Nifty closed on a flat note on Tuesday (December 10, 2024) amid a lacklustre trade, as investors…
Read More “Stock market news: Sensex, Nifty end on flat note amid volatile trade” »
Manohar Lal Khattar. File | Photo Credit: PTI Union Minister Manohar Lal Khattar on Tuesday (December 10, 2024) said there has been a substantial increase in investments in the urban sector since 2014 and emphasised the Centre’s dedication to realising the vision of ‘Viksit Bharat’ by 2047. Addressing a press conference on achievements of his…
Read More “Manohar Lal Khattar says sixteen-fold rise in urban sector investments since 2014” »
The Reserve Bank has approved the open offer of Burman family — the promoters of FMCG major Dabur — to acquire an additional 26% stake in NBFC firm Religare Enterprises Ltd (REL). The central bank also directed maintaining of the current board/management structure of REL. The Reserve Bank of India (RBI) said it has granted…
Read More “RBI approves Burman family entities’ open offer to acquire 26% additional stake in REL” »
Image for representative purposes only | Photo Credit: The Hindu The rupee settled for the day on a flat note higher by just 1 paisa at 84.85 (provisional) against the U.S. dollar on Tuesday (December 10, 2024), a tad above its all-time low level, as change of guard at the Reserve Bank of India raised…
Read More “Rupee settles on a flat note near all-time low at 84.85 against U.S. dollar” »
Bharat Forge Ltd said it has raised ₹1,650 crore via Qualified Institutional Placement (QIP). “The issue witnessed significant interest across Domestic & Foreign Qualified Institutional investors resulting in more than 10 times the demand of the issue size,” the company said. “The issue of the QIP was done at ₹1,320 per share while the floor…
A bankruptcy Judge scrutinising The Onion’s bid for Alex Jones ’ Infowars platform was expected to hear a second day of testimony on Tuesday (December 10, 2024) after an auctioneer defended the satirical news outlet’s winning offer in November 2024. It is not clear how quickly U.S. Bankruptcy Judge Christopher Lopez in Houston will decide…
Read More “The Onion’s bid for Infowars is still in Court as Judge reviews auction” »
Sanjay Malhotra. File | Photo Credit: Reuters Revenue Secretary Sanjay Malhotra on Tuesday (December 10, 2024) said he will work to understand all perspectives and do what is best for the economy after he takes charge as the RBI Governor on December 11. Watch | Who is Sanjay Malhotra, the next RBI chief? Responding to…
The Nifty 50 index opened at 24,652.65 points with a gain of 33.65 points or 0.14%, while the BSE Sensex opened at 81,575.96 with a surge of 67.50 points or 0.08%. File | Photo Credit: The Hindu The stock markets (both NSE and BSE) opened flat on Tuesday (December 10, 2024) amid a rally in…
With exports outpacing imports, China’s trade surplus rose to USD 97.4 billion. File (Representational image) | Photo Credit: Reuters China’s exports slowed in November and its imports declined, falling below forecasts and underscoring potential weakness in trade at a time when its leaders are striving to boost the economy after the shocks of the COVID-19…
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FILE PHOTO: A bird flies past a Reliance Industries logo installed on its mart in Ahmedabad, India January 16, 2017. REUTERS/Amit Dave/File Photo | Photo Credit: Reuters “Reliance Industries is in talks with banks for a loan of as much as $3 billion to refinance debt that is due next year,” Bloomberg News reported on…
Read More “Reliance seeks up to $3 bn loan for debt-refinancing, says media report” »
