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RateGain’s Channel Manager integrates with TCA’s Inssit PMS (16-10-2024)
For providing enhanced efficiency and revenue optimization to hoteliers in Latin America
Here’s why Bhageria Industries shares gained 5% on October 16; details (16-10-2024)
Bhageria Industries shares rose after it announced securing an award from MSEDCL, for Solar power developer (SPD) for Solar Photovoltaic power generating stations
IFB Industries zooms 20%, hits record high on stable demand outlook (16-10-2024)
IFB Industries share price: The management highlighted that the washer business showed good signs in August, 2024, and is well poised for a good performance in Q2 and Q3 of FY25
Dollar Index holds firmly above 103 mark; US data in focus (16-10-2024)
The US dollar index inched lower in Asian trades on Wednesday in line with a pullback in US benchmark treasury yields following the Federal Reserve Bank of New York report showing regional manufacturing activity has returned to contraction in the month of October. The New York Fed said its general business conditions index tumbled to a negative 11.9 in October from a positive 11.5 in September, with a negative reading indicating contraction. The US treasury yields were trading at around 4% while the dollar index held remarkably close to 103 mark as inventors continue to access US data for Federal rate action path. Looking ahead, retail sales, industrial production, and the Philadelphia Fed Manufacturing Index reports are likely to guide the outlook further. Among basket currencies, EURUSD and GBPUSD are quoting at $1.0917 and $1.3073 respectively.
Aditya Birla Sun Life AMC gains 8% on plan to launch 3 private credit funds (16-10-2024)
Aditya Birla Sun Life AMC plans to launch three private credit funds that cater to substantial growth in the alternative investment market
G R Infra gains on bagging order worth Rs 1,886 cr from MSRDC (16-10-2024)
G R Infraprojects rose 1.56% to Rs 1,647.40 after the company informed that it has received Letter of Acceptance (LoA) from Maharashtra State Road Development Corporation (MSRDC) to construct ring road in Pune, Maharashtra.
BEML gains on bagging Rs 867-cr contract for high-speed rail (16-10-2024)
BEML jumped 4.53% to Rs 3,887.95 after the company received a contract worth Rs 866.87 from Integral Coach Factory (ICF), Chennai for design, manufacturing, and commissioning of two high-speed trainsets, each comprising eight cars.
Volumes spurt at Vedant Fashions Ltd counter (16-10-2024)
Vedant Fashions Ltd registered volume of 4.72 lakh shares by 10:47 IST on BSE, a 39.26 fold spurt over two-week average daily volume of 12024 shares
Silver price falls on US job data and China stimulus; Should you buy dips? (16-10-2024)
Silver surged on disappointing US weekly jobless claims data, though hotter-than-expected US CPI inflation data led to a volatile session