Posts in category Economic Times
Sebi issues new guidelines to streamline operations of credit rating agencies (05-07-2024)
Markets regulator Sebi has issued new guidelines to streamline operations and enhance the ease of doing business for credit rating agencies. The circular introduces specific timelines for dealing with appeals made by companies regarding rating actions carried out during periodic surveillance of ratings.
Rupee closes flat, logs weekly decline; US jobs data in focus (05-07-2024)
The Indian rupee closed nearly unchanged on Friday as importer dollar demand weighed on the currency, even though most of its Asian peers gained ahead of the release of closely watched U.S. jobs data later in the day.
Stock market update: Fertilisers stocks down as market falls (05-07-2024)
The 30-share BSE Sensex closed down 53.07 points at 79996.6
HDFC Bank invests in anchor round of this high-demand SME IPO with over 100% GMP (05-07-2024)
HDFC Bank has been allocated approximately 1.58 lakh shares worth Rs 3 crore at Rs 190 each in the anchor round of the Ganesh Green Bharath IPO, which opened for subscription recently. Other notable investors in the anchor round include Copthall Mauritius Investment, India Equity Fund, and Craft Emerging Market Fund.
Stock market update: Nifty Realty index falls 0.03% (05-07-2024)
The Nifty Realty index closed 0.03 per cent down at 1119.15.
Biocon Biologics mulls raising up to Rs 4,500 crore in bonds (05-07-2024)
The company is in discussions with banks for the issuance, the people said, asking not to be named because the details are private. Funds from the bond sale will be used to refinance debt raised earlier to pay for an acquisition, with the terms yet to be finalized, they said.
RIL, SBI lift muted D-Street; investors’ wealth soars Rs 450 lakh crore (05-07-2024)
The 30-stock S&P BSE ended with minor declines at 79,996.60, losing 53.07 points or 0.07%. Meanwhile, the broader Nifty closed with 21 points or 0.09% gains at 24,323.85.
YES Bank shares surge 10% amid high volumes, remain unbeaten for third straight day (05-07-2024)
The private lender announced a 15% increase in loans and advances for the first quarter of the 2024 fiscal year, ending in June. The company's loan portfolio reached Rs 2.29 lakh crore during this period, a significant rise from Rs 2 lakh crore in the same quarter of the previous year, according to a regulatory filing released on Tuesday.
Pressure on diagnostics industry will continue for another five years : A Velumani, Thyrocare Tech (05-07-2024)
Yes, there were challenges in diagnostic industry of a different nature in early 2000. There were no automations available adequately. Before year 2000 there were only two-three automations in the country and by another 10 years it became 500, another 10 years it has become literally 5,000.
What to expect from defense stocks going ahead? Pratik Oswal answers (05-07-2024)
A passive fund makes more sense because you have only 15 stocks that sort of qualify for this index and we hope to have a lot more stocks that qualify for this index in the future.