Posts in category Business Standard
Vodafone Idea to launch Rs 18,000-cr FPO at Rs 10-11 price band on Thursday (12-04-2024)
VIL's board had approved an equity fundraise of Rs 20,000 crore and a total of Rs 45,000 crore, through a mix of equity and debt
IIP gains by 5.7% in February, Sees Highest Growth In Three Months (12-04-2024)
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Consumer price inflation softens under 5% on annual basis (12-04-2024)
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Subex partners with leading telecom operator in the APAC region (12-04-2024)
Subex's AI-based solution to transform operator's assurance capabilities
Sensex tanks 793 pts, Nifty holds 22,500; L&T drops 2% (12-04-2024)
Domestic equity market took a tumble today, mirroring the downbeat mood in other Asian stock markets. Inflation worries flared up again after hot US inflation data squashed hopes of an interest rate cut in June. This spooked investors and whacked up bond yields. The Nifty 50 slid throughout the day, closing below 22,550. Every sector felt the pain, with pharma, PSU banks, and oil & gas shares leading the way down.
BSE SME IPO of Greenhitech Ventures subscribed 14.99 times (12-04-2024)
The offer received bids for 1.88 crore shares as against 12.60 lakh shares on offer.
TCS Q4 PAT jumps 12% QoQ to Rs 12,434 cr; declares dividend of Rs 28/ share (12-04-2024)
Tata Consultancy Services (TCS) announced that its consolidated net profit increased 12.44% to Rs 12,434 crore in Q4 FY24 as compared with Rs 11,058 crore in Q3 FY24.
INR Drops Further Amid Massive Sell-Off In Equities (12-04-2024)
The Indian rupee depreciated 13 paise to close at 83.44 against the US dollar on Friday, weighed down by a massive sell-off in domestic equities and a strong greenback against major crosses overseas. The benchmark S&P BSE Sensex fell 793.25 points, or 1,06 percent, to 74,244.90 ahead of the start of Q4 domestic earnings season. The broader NSE Nifty index settled 234.40 points, or 1.03 percent, lower at 22,519.40. Elevated crude oil prices also dented investor sentiments. At the interbank foreign exchange market, the local unit opened at 83.36 and touched an intraday low of 83.44 against the greenback. The local unit finally settled at 83.44, registering a loss of 13 paise from its previous close. Meanwhile, US dollar index futures are hovering above 105 mark as recent data is reducing a near term possibility of a Federal rate cut. Data showed that US consumer prices accelerated for a second straight month in March, defying expectations for a slowdown in price increases. ...
Bandhan Bank allots 249 equity shares under ESOP (12-04-2024)
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Nifty April futures trade at premium (12-04-2024)
NSE India VIX climbed 3.82% as shares fell.