India’s forex reserves dropped by $3.23 billion to $654.86 billion for the week ended December 6, the RBI said on Friday. Photograph: Dado Ruvic/Reuters In the previous reporting week, the reserves had increased by $1.51 billion to $658.09 billion, ending
‘Along with Blackstone, we would be keen to look at opportunities in the North.’ IMAGE: Aster Medcity in Kochi. Photograph: Kind courtesy Aster Hospitals The deal between Aster DM Healthcare and Blackstone-backed Quality Care India Ltd — which have announced
1 / 9 Zomato | Food delivery aggregator said it has received an order from the Joint Commissioner of CGST & Central Excise, Thane Commissionerate, Maharashtra, demanding ₹401.7 crore in goods and services tax (GST) for the period between October
Global brokerage firm Jefferies is cautious about the Indian stock market as it projects a nearly 10 per cent rise in the Nifty 50 benchmark by the end of 2025, setting a December-end target of 26,000. The index hit an
According to analysts, the rally in most PSB stocks in 2024 was driven by the continuation of the government at the Centre. The year 2024 was a roller-coaster ride for Indian stock markets, marked by volatility driven by the Lok
With Google announcing the milestone of Willow — a state-of-the-art quantum computing chip that can solve complex problems in under five minutes, a computation so complex it would have taken a supercomputer around 10 septillion (10^25) years to complete —
India’s industrial production (IIP) growth slowed to 3.5 per cent year-on-year in October 2024, mainly due to poor performance of mining, power and manufacturing, as per official data released on Thursday. Photograph: Amit Dave/Reuters The IIP recorded a growth of
Equity market benchmark indices Sensex and Nifty ended lower on Thursday due to intense selling in index majors Reliance Industries, L&T and HUL as investors turned cautious ahead of the inflation data announcement. The 30-share BSE benchmark Sensex declined 236.18
Rakesh Jhunjhunwala was a strong advocate of investing in companies facing temporary setbacks—what Raamdeo Agrawal of Motilal Oswal Financial Services calls “bruised blue chips.” Company Value Change %Change Amit Goela, Partner at Rare Enterprises, who worked closely with Jhunjhunwala, described
(Reuters) -Indian budget retailer Vishal Mega Mart’s 80-billion-rupee ($943 million) initial public offering (IPO) was fully subscribed on day two of bids, led by demand from non-institutional investors. The issue, which runs from Dec. 11-13, received bids for 835.5 million
