Posts in category All News
NSE SME SAR Televenture’s FPO subscribed 67% (22-07-2024)
The offer received bids for 36.36 lakh shares as against 53.62 lakh shares on offer.
Board of Rudra Ecovation appoints two senior management personnel (22-07-2024)
At meeting held on 22 July 2024
Glance Finance standalone net profit rises 85.71% in the June 2024 quarter (22-07-2024)
Sales rise 25.40% to Rs 0.79 crore
Network People Services Technologies consolidated net profit rises 202.71% in the June 2024 quarter (22-07-2024)
Sales rise 140.44% to Rs 58.86 crore
Barometers end flat ahead of Union Budget; NSE VIX jumps 4% (22-07-2024)
Domestic stocks ended almost flat today as investors remained cautious ahead of tomorrow's Union Budget, opting to wait and see before making any major moves. Despite early gains, the Nifty50 couldn't hold onto momentum and closed below 24,550. While some sectors like auto and healthcare saw a rise, others like oil & gas and realty declined. This cautious approach reflects the dual impact of the conservative economic growth projection and recent underwhelming corporate earnings reports. The budget is expected to be positive, but high valuations and potential downgrades in earnings growth keep investors on edge.
Cochin Minerals & Rutile standalone net profit rises 162.11% in the June 2024 quarter (22-07-2024)
Sales rise 32.34% to Rs 88.35 crore
Congress calls eco survey ‘cherry-picked’ view, says India in its most precarious economic situation (22-07-2024)
Jairam Ramesh of Congress criticized the Economic Survey 2023-24 by Nirmala Sitharaman, highlighting inflation, China imports, trade issues, housing struggles, and private investment lags. He also noted high unemployment, corporate tax cuts, and the need for policies on gig workers, minimum wages, and ending tax terrorism. He advocated for Nyay Patra 2024 and called out Make in India.