Posts tagged All News
ITC: “Will”(s) “Gold Flake” assist “Ashirwad” to win “Bingo!”? (25-11-2024)
How is the cost of acquisition of the newly issued ITC Hotels to be calculated by existing shareholders of ITC?
Congress accuses Rashmi Shukla of poll code violation; demands EC action (25-11-2024)
Congress sought action against IPS officer Rashmi Shukla. Shukla allegedly met Maharashtra Deputy CM Devendra Fadnavis during the election period. This violated the model code of conduct. The meeting happened at Fadnavis’s residence on vote counting day. The Election Commission previously transferred Shukla after complaints. Congress cited a similar incident in Telangana.
Rupee posts best day in over five months boosted by inflows, softer dollar (25-11-2024)
The Indian rupee logged its strongest one-day gain since June on Monday, aided by dollar inflows related to the rebalancing of MSCI’s global equity indexes, alongside softness in the dollar and lower U.S. bond yields.
CNG price in Mumbai hiked by Rs 2; Delhi spared (25-11-2024)
CNG price in Mumbai as well as several other cities in the country has been hiked by Rs 2 per kg but users in poll-bound Delhi have been spared for the time being, according to city gas firms. Indraprastha Gas Ltd, the firm that retails CNG to automobiles and pipes natural gas to household kitchens for cooking in the national capital and adjoining cities, over the weekend raised CNG price by Rs 2 per kg.
INDIA bloc leaders write to Lok Sabha speaker to let LoPs speak during Constitution Day event (25-11-2024)
Leaders of various opposition parties of the INDIA bloc have written to Lok Sabha Speaker Om Birla, urging him to allow leaders of the opposition in both Houses to speak during the Constitution Day celebration function.
Kalpesh’s Portfolio (25-11-2024)
Sold Prime Fresh complete position.
Reason: Management itself is saying second half will not be that great.
Hope to get better entry point some point in next 6-8 months.
Growth momentum pickup in midcaps much stronger: Ankur Rudra, JP Morgan (25-11-2024)
Ankur Rudra of JPMorgan discusses the Indian IT sector. The sector faces headwinds from the US presidential election and a potential US slowdown. AI adoption is slow, and cloud migration remains incomplete. Visa restrictions are a concern, but Indian IT firms are better prepared now. Midcap IT companies are outperforming larger firms. Financial services and high-tech are driving growth.