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Trident appoints Samir Joshipura as CEO, KMP (20-02-2024)
Trident announced that its board has appointed Samir Joshipura as the chief executive officer & key managerial personnel (CEO & KMP) of the company effective from 20 February 2024.
Crude oil hovers near 3-week high on tensions in West Asia, China demand (20-02-2024)
There was no settlement for WTI on Monday due to a U.S. public holiday
EURUSD At One-Week High; Eurozone Dec Current Account Surplus Rises To 6-Month High (20-02-2024)
Euro is extending gains to a week high during the European session on Tuesday as dollar gave back intraday uptick and as euro area current account surplus rose to a six-month high in December. The European Central Bank reported Tuesday that current account surplus rose to EUR 32 billion in December from EUR 22 billion in November. This was the highest surplus since last June. The surplus on goods trade increased from November, while there was a notable reduction in the shortfall in primary income. The surplus on goods trade increased to EUR 35 billion from EUR 32 billion. By contrast, the surplus on services dropped to EUR 16 billion from EUR 17 billion. Meanwhile, dollar index returned mild gains made earlier in the day as all eyes are glued to FOMC minutes due this week for further cues. The minutes are expected to provide clarity following higher than expected US CPI and PPI data last week. EURUSD is currently quoting at $1.0807, up 0.16% on the day. Meanwhile, EURINR jumped on …
China Market rises 0.42% (20-02-2024)
Also helping sentiment, China’s securities watchdog said it held a series of seminars with market participants who proposed tighter scrutiny of company listings and trading behaviour.
Sun Pharma to acquire a minor stake in Surgimatix, Inc. (20-02-2024)
Surgimatix, Inc., is a company incorporated in the State of Michigan, having its headquarters and registered office at Illinois, US. The Company
is engaged in the business of developing a proprietary soft tissue fixation device for laparoscopic hernia repair and other minimally invasive surgeries. Surgimatix, Inc., is yet to commence its
commercial operations.
Zaggle hits record high on collaboration with Bennett, Coleman & Co., EaseMyTrip (20-02-2024)
Zaggle Prepaid Ocean Services zoomed 15.30% to Rs 292.70 after the company entered into agreements with Bennett, Coleman & Co. and Easy Trip Planners (EaseMyTrip).
Raymond Realty launches its first project in Bandra (20-02-2024)
Raymond Realty, the real estate arm of Raymond Group today announced the launch of its first project outside Thane ‘The Address by GS, Bandra’. This strategic move followed the company’s plan for expansion beyond Thane through joint development agreements (JDAs) in MMR region. As the name suggests, this development is inspired by the tremendous success of its Thane’s flagship project ‘The Address by GS’ which has emerged as Thane’s bestseller in premium category and is set to be delivered two years ahead of its timeline.
Federal Bank Ltd leads losers in ‘A’ group (20-02-2024)
Mangalore Refinery And Petrochemicals Ltd, New India Assurance Company Ltd, BEML Ltd and Orient Cement Ltd are among the other losers in the BSE’s ‘A’ group today, 20 February 2024.
Novartis India Ltd leads losers in ‘B’ group (20-02-2024)
Pritish Nandy Communications Ltd, DB (International) Stock Brokers Ltd, Sarthak Metals Ltd and MIC Electronics Ltd are among the other losers in the BSE’s ‘B’ group today, 20 February 2024.