BSE has put in place fresh guidelines for small and medium enterprises looking to migrate from its SME platform to the main board, whereby the applicant will be required to have a net worth of at least Rs 15 crore for the preceding two financial years. Under the guidelines, the applicant firm needs to be […]
Rupee set to remain rangebound in near-term
By Gaurang Somaiya Rupee fell to fresh record lows last week following a system outage and other trigger triggered volatility for the rupee. Broadly, for the week, it traded in a narrow range despite swings witnessed in the dollar against its major crosses. Fed Chairman’s statement was scheduled during the week and he continued to […]
Silkyara Tunnel: Efforts are on to save trapped workers – PHOTOS
1/8 At the Silkyara Tunnel in Uttarkashi, the Government of India (GOI) is actively engaged in ongoing rescue operations. 41 workers are trapped.The two-km section of the tunnel, with completed concrete work ensuring the safety of those trapped, is the focus of the rescue efforts. In this part of the tunnel, water and electricity supply […]
Benign crude price outlook bodes well for India current account
Brent crude registered a fall to a level of $80.6 per barrel despite the recent decision of the Organisation of Petroleum Exporting Countries (OPEC) and its allies to extend output cut of 1.7 million barrels a day to 2024. Analysts see crude prices to remain in the range of $80-85 per barrel going ahead. “Oil […]
After hours with Girish Kousgi, MD & CEO, PNB Housing Finance
The Job One of the most rewarding aspects of my job is to solve various challenges that come up at the workplace or in the business ecosystem from time to time. It motivates me to foster an environment where obstacles become opportunities for innovation and growth. This also allows me to engage actively with my […]
PM Modi Kickstarts ‘MY Bharat’ platform; lays the First Brick of Amrit Mahotsav Smarak and Amrit Vatika – See photos
1/11 Prime Minister Narendra Modi on Tuesday launched the ‘MY Bharat’ platform for youths and laid an e-foundation stone of an Amrit Mahotsav Smarak and Amrit Vatika at an event marking the culmination of the ‘Meri Maati Mera Desh’ campaign and with it, the Azadi Ka Amrit Mahotsav. The prime minister offered soil into the […]
Share Market Highlights: Nifty settled below 19450, Sensex below 64,950; Bank Nifty dropped more than 100 points
Share Market News Today | Sensex, Nifty, Share Prices Highlights: The benchmark equity indices ended Monday’s trading session in the negative territory. The NSE Nifty 50 dropped 82 points or 0.42% to settle at 19,443.55, while the BSE Sensex dropped 325.58 points or 0.50% to 64,933.87. The broader indices ended largely in negative territory, with [
Key IPOs to watch out for next week
As the Diwali celebrations wind down and market holidays conclude, Indian investors are bracing for a dynamic week ahead with the launch of four significant initial public offerings (IPOs). The featured IPOs include Gandhar Oil Refinery India, Fedbank Financial Services, Indian Renewable Energy Development Agency (IREDA), and the much-anticipated T
IIFL Securities scrip rallies over 5 per cent; hits 52-week high
Shares of IIFL Securities rallied more than 5 per cent in the mid-session trade on Friday after the SAT set aside Sebi’s order prohibiting the company from onboarding new clients for two years. In the intra-day trade, shares of brokerage firm IIFL Securities touched a 52-week high of Rs 134.40 each on BSE and NSE. […]
November Nifty Futures signal ‘Buy on Dips’ strategy as FIIs trim short positions
By Manojh Vayalar The November series Nifty futures started with a premium of around 70 points for the current month.The Nifty has rolled around 83% and Bank Nifty around 79%.For the Indexfutures, FII have reduced the short positions to 80% from 89%. The Index is now in a ‘Buy on Dips’ mode till 19500 is […]