Spot gold, at the time of writing this report, was trading nearly 0.77 per cent higher at $2,670, as it extended its rally to the fourth straight day
Posts in category Business Standard
Nippon Life secures office property in Mumbai’s Lower Parel for Rs 486 cr (22-11-2024)
Nippon Life India Asset Management said that it has executed a definitive agreement with One Place Commercials for the purchase of commercial office space in Lower Parel, Mumbai for Rs 486 crore.
Gautam Adani US indictment: Adani Group stocks extend fall by another 11% (22-11-2024)
In two days, the stock price of Adani Enterprises and Green Energy have tanked by 28%, Adani Energy slipped 27%, while Ports, Power, Total Gas, Wilmar and Ambuja Cements are down between 14% and 18%
Zinka Logistics Solutions (BlackBuck) makes muted debut (22-11-2024)
Shares of Zinka Logistics Solutions (BlackBuck) were currently trading at Rs 281.70 at 10:11 IST on the BSE, representing a premium of 3.19% as compared with the issue price of Rs 273.
Ola Electric’s shares gain on reports of layoff over 500 employees (22-11-2024)
According to reports, Bhavish Aggarwal led Ola Electric is undergoing a restructuring exercise impacting over 500 employees, approximately 12 per cent of its 4,000-strong workforce
Afcons secures civil project of Rs 1274 cr in Uttarakhand (22-11-2024)
From Uttarakhand Project Development and Construction Corporation
RBI, Maldives Monetary Authority sign pact to promote use of local currencies (22-11-2024)
The Reserve Bank of India (RBI) and the Maldives Monetary Authority (MMA) signed a Memorandum of Understanding (MoU) for establishing a framework to promote the use of local currencies viz., the Indian Rupee (INR) and the Maldivian Rufiyaa (MVR) for cross-border transactions. The MoU was signed by the Governor, Reserve Bank of India, Shri Shaktikanta Das and the Governor, Maldives Monetary Authority, Mr. Ahmed Munawar. The MoU encourages the use of INR and MVR in current account transactions, permissible capital account transactions and any other economic and financial transactions as agreed upon by both countries. This framework would enable exporters and importers to invoice and settle in their respective domestic currencies, which in turn would enable the development of trading in INR-MVR pair in foreign exchange market. Use of local currencies would optimise costs and settlement time for transactions. This collaboration marks a key milestone in strengthening bilateral …
Will book profit in cryptocurrency Bitcoin at $150,000 levels: Chris Wood (22-11-2024)
Bitcoin, meanwhile, has gained 164 per cent in the last one year – from a level of around $37,000 to nearly $98,300 now. This is despite the cryptocurrency halving in April 2024.
Innovators Facade up 10% on securing Rs 110-cr order from Prestige Mulund (22-11-2024)
The work order from Prestige Mulund Realty is for designing, developing, supplying, fabricating and installing façade work including stone cladding
Zinka Logistics shares list at over 2% premium mirroring IPO GMP trend (22-11-2024)
BlackBuck stock debuted at Rs 279.05 on the BSE, reflecting a premium of Rs 6.05 or 2.21 per cent from its IPO allotment price of Rs 273.