Ahead of Market: 10 things that will decide stock action on Friday (10-10-2024)
Indian indices closed slightly higher on Thursday, with financial stocks gaining and IT shares declining. However, higher-than-expected US inflation data may negatively impact Friday’s trade. Analysts predict a sideways trend with support at 24,950-24,900 and resistance at 25,150-25,400.
BJP leader demands ‘investigation’ against SIT probing Valmiki corporation ‘scam’ (10-10-2024)
BJP leader C T Ravi wants an investigation into the functioning of the Special Investigation Team. The SIT is probing a scam in the Karnataka Maharshi Valmiki Scheduled Tribes Development Corporation. Ravi points out that the SIT did not name former Minister B Nagendra, who is accused of embezzling Rs 89 crores, in its chargesheet.
RBI approves Partha Sengupta as Bandhan Bank MD & CEO (10-10-2024)
Partha Pratim Sengupta will become the new managing director and CEO of Bandhan Bank. The Reserve Bank of India has approved his appointment for three years starting no later than November 10, 2024. The bank also completed a forensic audit on its insurance claims, resulting in a payout of Rs 1,231.29 crore.
Mirae launches Nifty Index Fund, Nifty LargeMidcap250 Index Fund (10-10-2024)
Both new fund offers will close on Oct 18
Garuda Construction IPO subscribed 7.55 times (10-10-2024)
Retail investors showed keen interest
Barbara Lynch Will Close All Her Restaurants (10-10-2024)
She helped put her city on the modern culinary map, but many employees said they paid a price in workplace abuse.