Posts in category Business Standard
Stock market to remain closed today: BSE, NSE to remain shut on Ram Navami (17-04-2024)
The Multi Commodity Exchange of India Limited (MCX) and Commodity Derivative Segment will be closed in the morning but open in the evening
Financial regulators plan panel to weigh derivatives risk in India: Report (16-04-2024)
The panel will be set up by the Financial Stability Development Council, which includes the finance minister, the central bank governor and the market regulator, the sources said
Insurance, telecom offer multi-year growth opportunity: ITI Mutual Fund (16-04-2024)
According to the fund house, the weak rural demand may remain a headwind this year
Patanjali Foods shares climb 7% after wrong data indicated GQG hiking stake (16-04-2024)
Shares of Patanjali Foods climbed nearly 7 per cent in intra-day trade on Tuesday after wrong shareholding data for the quarter ending March indicated that US-based investment firm GQG Partners hiked its stake in the company.
The stock jumped 5.41 per cent to settle at Rs 1,407.70 on the BSE. During the day, it climbed 6.63 per cent to Rs 1,424.10.
At the NSE, it advanced 5 per cent to Rs 1,408.50. During the day, it zoomed 6.21 per cent to Rs 1,424.
A filing was uploaded earlier in the day, which showed that GQG Partners Emerging Markets Equity Fund A Series of GQG Partners Series LLC have upped its stake to 9.31 per cent as on quarter ended March 31.
The company later revised the shareholding pattern at 4:14:57 pm and gave reasons of typographical mistake in number of shares held by GQG Partners Emerging Markets Equity Fund A Series.
The revised format showed that GQG Partners Emerging Markets Equity Fund has 1.02 per cent stake in the company.
Last year in July, GQG Partners b
Birla targets top 3 spot in mutual fund, lending and life insurance (16-04-2024)
Aims to add 30 mn users in 3 years on the back of new financial services platform
Smallcaps break free from grip of West Asia flare-up; Sensex falls 456 pts (16-04-2024)
Defy the odds, with Nifty Smallcap 100 gaining 0.75%
Zee removed from F&O; FPIs up holdings in 7 Adani group companies (16-04-2024)
Adani Ports & SEZ has seen the highest increase at 26 basis points (bps) to 14.98 per cent followed by Adani Wilmar and Adani Green at 12 bps each
TVS SCS North America achieves Deere & Company’s highest supplier rating (16-04-2024)
Suppliers who participate in the 'Achieving Excellence program' are evaluated annually in several key performance categories, including quality, delivery, process alignment, value creation, and relationship. John Deere Supply Management created the program in 1991 to provide a supplier evaluation and feedback process that promotes continuous improvement.
Happiest Minds Technologies develops GenAI chatbot ‘hAPPI’ (16-04-2024)
A groundbreaking Generative AI-powered chatbot, poised to redefine the way individuals engage in health and wellness knowledge conversations, hAppI represents a significant advancement in providing personalized and informative interactions for users in the healthcare domain.
Wardwizard Innovations & Mobility dispatches 3,800 EVs in March’24 (16-04-2024)
Led by strong demand for its EV products and the rapid expansion of distributor showrooms nationwide, the company sold over 26,000 units (26,996) of electric vehicles, including two-wheelers and three-wheelers, in the fiscal year (April'23- March'24). Throughout the year, the
company inaugurated more than 150 distributor showrooms and intends to further expand its distribution network in FY25, aiming to make EVs accessible to everyone.