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Bombay Stock Exchange (BSE). File | Photo Credit: Reuters Equity benchmark indices Sensex and Nifty settled lower for the sixth straight session on Monday (October 7, 2024) due to heavy selling in bellwether stocks including HDFC Bank and Reliance Industries amid mixed trends in the global markets and outflow of foreign funds. Falling for the…
Non-bank lender Bajaj Finance is acquiring 26% equity stake in Hyderabad-based fintech solutions provider Pennant Technologies for ₹267.50 crore. It is aimed at strengthening the company’s technology roadmap, Bajaj Finance said in a filing on October 17 ahead of its Board meeting for the September quarter results. A binding term sheet was signed for the…
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Reliance Industries remained the country’s most valued firm. File | Photo Credit: REUTERS The combined market valuation of six of the top 10 valued firms jumped ₹70,527.11 crore last week, with Reliance Industries Ltd (RIL) emerging as the biggest gainer. While Hindustan Unilever Ltd, Bharti Airtel, ITC, ICICI Bank and HDFC Bank were the gainers,…
Read More “Mcap of six of top 10 firms jumps ₹70,527.11 crore; Reliance Industries biggest gainer” »