Posts in category Business Standard
Megh Mayur Infra reports standalone net loss of Rs 0.03 crore in the December 2023 quarter (14-02-2024)
Reported sales nil
Raj Television Network reports standalone net loss of Rs 0.46 crore in the December 2023 quarter (14-02-2024)
Sales rise 137.19% to Rs 39.54 crore
Indiabulls Commercial Credit standalone net profit rises 49.40% in the December 2023 quarter (14-02-2024)
Sales decline 9.61% to Rs 442.65 crore
ZFCVINDIA inaugurates new manufacturing unit at Oragadam, Tamil Nadu (14-02-2024)
Spread over an area of 44.08 acres, the new manufacturing facility, which is phase I of the project, covers an area of 7200 sq. meters facility and displays ZF's state-of-the-art production technology. The Oragadam plant aligns with ZF's objective of 'Make in India for India and the World' approach, highlighting the company's thrust towards local manufacturing excellence while simultaneously catering to global demands. This multi-divisional facility will play a critical role in pioneering innovative solutions in Safety, Automated, Connected, and Electric domains for commercial and passenger vehicles to deliver Next Generation Mobility and grow exports as a center of excellence for manufacturing and frugal engineering.
Sonia Gandhi files nomination for Rajya Sabha elections in Rajasthan (14-02-2024)
The Rajya Sabha elections in Rajasthan are poised to allocate three seats. In response, the BJP has announced Madan Rathore and Chunnilal Garasia as its candidates for the upcoming elections, with their nominations set to be submitted on 15 February 2024.
BJD declares support for BJP candidate Ashwini Vaishnaw in Odisha Rajya Sabha elections (14-02-2024)
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FPIs’ investment value in equities jumps 13% to $738 bn in Dec quarter (14-02-2024)
The value of FPIs (Foreign Portfolio Investors) holding in Indian equities reached USD 738 billion in the three months ended December 2023, marking a surge of 13 per cent from the preceding quarter, driven by the strong performance of the domestic stock market, according to a report by Morningstar.
The value of FPIs investment was at USD 651 billion in the September quarter of the current fiscal.
On a year-on-year basis, the value of such investments rose 26 per cent from USD 584 billion in December 2022.
"This could be attributed to the good performance of the domestic equity markets as well as strong net inflows from FPIs," the report noted.
However, FPIs' contribution to Indian equity market capitalisation fell marginally during the quarter under review to 16.83 per cent from 16.95 per cent in the previous quarter.
After withdrawing USD 5.38 billion in the September quarter, foreign investors were net buyers in the Indian equity markets to the tune of USD 6.07 billion in the th
SBI extends rally post Q3 results; soars 5% to new high on steady outlook (14-02-2024)
In past 15 trading days, the market price of SBI has zoomed 24 per cent as the bank's management remains confident on growth, maintenance of margins and improvement in RoA ahead
Tata Elxsi inaugurates its new global design and engineering center in Chinchwad, Pune (14-02-2024)
The new center is specifically tailored to cater to the technology and digital transformation priorities of key automotive OEMs and Tier 1 suppliers.
Sebi warns investors against ‘unscrupulous entities’ promising high returns (14-02-2024)
'There can be no guarantees of assured returns in securities market,' says regulator