Posts in category Business Standard
Mutual fund funding to NBFCs increases after RBI’s risk weight hike (11-07-2024)
Stays above Rs 2 trillion mark for second consecutive month
Board of Rudra Ecovation approves allotment of warrant aggregating Rs 99.67 cr (11-07-2024)
At meeting held on 11 July 2024
Board of GTPL Hathway appoints director (11-07-2024)
At meeting held on 11 July 2024
Benchmarks end flat, Nifty holds 24,300; NSE VIX drops 3% (11-07-2024)
The key equity benchmarks ended flat today after a volatile session marked by F&O expiry. The index opened positive, mirroring global gains, but quickly reversed course amid selling pressure. However, a late rally helped it recover lost ground. Realty, healthcare, and pharma dragged, while oil & gas and consumer durables led the gainers.
INR Settles Lower Amid Muted Equities (11-07-2024)
The Indian rupee settled for the day 5 paise lower at 83.56 (provisional) against the US dollar on Thursday, weighed down by a weak tone in domestic markets and a recovery in crude oil prices. The benchmark S&P/BSE Sensex hit an intraday low of 79,464 before recovering much of the losses to end down 27 points at 79,897. The broader NSE Nifty index closed down 9 points at 24,316, after having touched a low of 24,194 earlier due to apprehensions over the quarterly earnings season. Rupee traded with a slight negative bias on profit booking in the domestic market. At the interbank foreign exchange market, the local unit opened at 83.49, but lost ground and touched an intraday low of 83.59 against the American currency during the session. Meanwhile, the dollar index is trading marginally lower at 104.55, awaiting further clarity on Federal rate stance and dollar direction going forward. US inflation data due later in the global day will add to clarity and direction for the counter.
NSE SME IPO of Sahaj Solar subscribed 26.98 times (11-07-2024)
The offer received bids for 7.88 crore shares as against 29.20 lakh shares on offer.
TCS PAT slips 3% QoQ to Rs 12,040 cr in Q1, declares dividend of Rs 10/share (11-07-2024)
The IT major's consolidated net profit declined 3.17% to Rs 12,040 crore in Q1 FY25 as against Rs 12,434 crore reported in Q4 FY24.
Nifty July futures trade at premium (11-07-2024)
The NSE's India VIX fell 3.03% to 14.43.
Sebi to auction HBN Dairies properties, keeps reserve price at Rs 67.7 cr (11-07-2024)
Capital markets regulator Sebi will auction eight properties of HBN Dairies & Allied Ltd next month for a reserve price of Rs 67.70 crore.
The move is a part of Sebi's effort to recover money raised by HBN Dairies through illicit collective investment schemes.
This came after the Supreme Court in its order dated May 14, 2024, authorised Sebi to sell the assets of HBN Dairies & Allied Ltd (HBN) with the active involvement of the liquidator.
The markets watchdog initiated the process for the sale of assets after HBN Dairies & Allied Ltd and its directors -- Harmender Singh Sran, Amandeep Singh Sran, Manjeet Kaur Sran and Jasbeer Kaur -- failed to refund the investors' money.
The properties to go under the hammer include a shopping mall-cum-multiplex, hotel, plots and commercial shops, the Securities and Exchange Board of India (Sebi) said in a notice on Wednesday.
The properties were located in New Delhi, Punjab, Madhya Pradesh, Gujarat and Maharashtra and were auctioned at .
Tata Consultancy Services consolidated net profit rises 8.72% in the June 2024 quarter (11-07-2024)
Sales rise 5.44% to Rs 62613.00 crore