Shares of DEE Development Engineers Ltd surged as much as 9% on Thursday, March 5, after the company said its material subsidiary has received a Letter of Intent (LoI) for an international piping supply project. In an exchange filing, the
Rajputana Stainless IPO: The initial public offering (IPO) of Rajputana Stainless is set to open for public subscription on Monday, March 9, and will remain open till Wednesday, March 11. The ₹254.98 crore book build issue is priced at ₹116
India’s trade exposure to West Asia is significant. Between April and December, India exported goods worth about $50 billion to 13 countries in the region, accounting for roughly 15 per cent of total outbound shipments. Imports stood at $116.45 billion
The conflict in West Asia intensified with Iran continuing to pound several Gulf countries in retaliation for the joint attack against it by Israel and the US. The US and Israel have also carried out fresh strikes on Iran. Photograph:
Escalating geopolitical tensions and weak global cues triggered a significant stock market downturn in India, wiping out ₹16.32 lakh crore of investor wealth in just two days. IMAGE: Kindly note that this image has been posted for representational purposes only.
‘We do have some concerns with the timeline being shortened from 18 to 12 months.’ Kindly note that this illustration generated using ChatGPT has only been posted for representational purposes. The government’s proposal to trim the compliance deadlines for
Wires, cables and fast-moving electric goods maker, Polycab India Ltd, on Wednesday (March 4), said it has received an income tax demand of ₹327.45 crore for the assessment year 2024-25 relating to the financial year 2023-24 and has initiated rectification
The Indian stock market ended with deep cuts on Wednesday, March 4, on concerns over a US-Iran war, crude oil price hike, foreign capital outflow, and the rupee’s fall to a record low against the dollar kept investors on tenterhooks.
Traders said the USD/INR pair remains under pressure as investors are moving toward safe-haven assets. Moreover, persistent foreign capital outflow from the equities, and fears grow that expensive imports will hurt the trade balance. Illustration: Dominic Xavier/Rediff Key Points The
Gas importer Petronet LNG Ltd has informed gas marketers of Qatar halting its liquefied natural gas production after Iran continued to strike Gulf countries IMAGE: 3D printed oil pump jacks and Qatar flag. Illustration: Dado Ruvic/Reuters Key Points Qatar supplies
