Finolex Industries announced that its board of directors has approved the appointment of Saurabh Dhanorkar as managing director (MD) for a period of two years with effect from 21 November 2024.
Posts in category Business Standard
Godrej Properties shares surge 5% after acquiring 53-acre land in Kolkata (21-11-2024)
Shares of Godrej Properties surged up to 5 per cent at Rs 2,826.95 per share on the BSE in Thursday’s intraday
NBCC secures work order from RICO for providing consultancy services for PM-Ekta Mall (21-11-2024)
NBCC (India) said that it has bagged a contract worth Rs 202 crore from Rajasthan State Industrial Development & Investment Corporation (RIICO).
Gujarat Narmada Valley Fertilizers & Chemicals signs MoU with INEOS Acetyls International, UK (21-11-2024)
Gujarat Narmada Valley Fertilizers & Chemicals (GNFC) has entered into a Memorandum of Understanding (MoU) with INEOS Acetyls International, United Kingdom (INEOS) on 20 November 2024.
Nifty PSU Bank index slips 5%; PNB, BOB, Canara, SBI dip up to 7% (21-11-2024)
At 10:00 AM, the Nifty PSU Bank index, the top loser among sectoral indices, was down 4.7 per cent, as compared to the 0.92 per cent decline in the Nifty 50
Britannia Industries share price dips 3%; here’s what’s dragging stock (21-11-2024)
Britannia Industries shares slipped 3 per cent in trade and registered an intraday low of Rs 4,748.15 per share
Private consumption back to being driver of domestic demand: RBI Bulletin (21-11-2024)
The Reserve Bank of India noted in its November Bulletin that global economic activity remained resilient during the fourth quarter of 2024 amidst fragile confidence and rising protectionism. In India, the slack in speed observed in the second quarter of 2024-25 is behind us as private consumption is back to being the driver of domestic demand with festival spending lighting up real activity in Q3, the central bank stated. Domestic financial markets are seeing corrections with relentless hardening of the US dollar and equities being under pressure from persistent portfolio outflows. The medium-term outlook remains bullish as the innate strength of the macro-fundamentals reasserts itself. Headline CPI inflation rose above the upper tolerance band in October 2024 with a sharp surge in the momentum of food prices along with an increase in core inflation.
US Stocks mixed as Nasdaq struggles, Oil gains lift sectors (21-11-2024)
Biotech stocks surged while Nvidia dipped 0.8% amid uncertainty over new chips. Oil and healthcare stocks saw gains but computer hardware faltered. Global markets were mostly lower.
Adani Enterprises tests Hindenburg fall support; Group shares can slide 34% (21-11-2024)
Adani Enterprises stock may re-test support around its 200-WMA, like it did post the Hindenburg allegations in Jan-Feb 2023, technical chart shows.
Bharat Global Developers’ subsidiary wins orders of Rs 251 cr (21-11-2024)
The total value of these orders is approximately AED 109 million, translating to Rs 251 crore.