Posts in category Business Standard
Indo Count acquires ‘Wamsutta’ brand from Beyond Inc (19-04-2024)
Indo Count Industries said that its American subsidiary has acquired the global brand 'Wamsutta' (including trademarks rights associated with the brand) from Beyond Inc.
Padget Electronics (a Dixon arm) partners with Longcheer (19-04-2024)
For manufacturing and sale of smart phones for large global brands
First phase of Lok Sabha elections commences across multiple states and union territories (19-04-2024)
- Prominent Contestants: Notable political figures such as Nitin Gadkari, Sarbananda Sonowal, Kiren Rijiju, and Gaurav Gogoi are among the many candidates from parties like BJP and Congress vying for victory.
OMCs like IOC, BPCL, HPCL down up to 4% as tensions flare up in Iran-Israel (19-04-2024)
Oil and marketing companies (OMCs) such as Indian Oil Corporation and Hindustan Petroleum Corporation Ltd (HPCL) slumped 4.1 per cent each at Rs 162.20 and Rs 457, respectively in intraday deals
Israel-Iran tensions see OMC stocks IOC, BPCL, HPCL slip up to 4% on Friday, April 19 (19-04-2024)
Oil and marketing companies (OMCs) such as Indian Oil Corporation and Hindustan Petroleum Corporation Ltd (HPCL) slumped 4.1 per cent each at Rs 162.20 and Rs 457, respectively in intraday deals
Israel-Iran tensions see OMC stocks IOC, BPCL, HPCL slip up to 4% on Friday, April 19 (19-04-2024)
Oil and marketing companies (OMCs) such as Indian Oil Corporation and Hindustan Petroleum Corporation Ltd (HPCL) slumped 4.1 per cent each at Rs 162.20 and Rs 457, respectively in intraday deals
Volumes spurt at Birlasoft Ltd counter (19-04-2024)
Birlasoft Ltd registered volume of 5.33 lakh shares by 10:46 IST on BSE, a 6.99 fold spurt over two-week average daily volume of 76190 shares
Dollar Index Loses Momentum But Stays Firmly Around 106 Mark Amid Hawkish Fed Remarks (19-04-2024)
The dollar index futures hover around 106 mark on Friday even though the currency continues to find stiff resistance above the level despite hawkish comments from FOMC members. Minneapolis Fed President Neel Kashkari reportedly wants to be "patient," with the first rate cut "potentially" not appropriate until next year. New York Fed President John Williams also embraced the "no rush" on rate cuts view set in February by Fed Governor Christopher Waller and since echoed by many of his colleagues. US 10-year benchmark treasury yields stay elevated at 4.55%. Meanwhile, escalating tensions in Middle East is also limiting downside for the greenback and supporting the safe haven currency. Currently, the dollar index futures are quoting at 106.01, up marginally on the day. Among the basket currencies, EURUSD and GBPUSD are trading slightly lower at $1.0664 and $1.2425 respectively.
ITC arm inks pact to acquire 100% stake in Blazeclan Technologies (19-04-2024)
ITC announced that its wholly owned subsidiary, ITC Infotech India has entered into Share Purchase Agreement to acquire 100% stake in Blazeclan Technologies for total consideration of Rs 485 crore.
ICICI Securities Q4 PAT doubles to Rs 537 cr (19-04-2024)
The broking firm's consolidated net profit zoomed 104.3% to Rs 536.53 crore in Q4 FY24 as against Rs 262.68 crore recorded in Q4 FY23.