Category: Uncategorized

[ad_1] Mish Designs Limited unveiled its latest collaboration with Nykaa Fashion, marking a step in expanding its retail presence. It is now available on Nykaa Fashion’s online platform and the company will have an exclusive space in the physical store located at Indiranagar, Bangalore. Also read: Office market sees a slump in new supply and […]

[ad_1] Maithan Alloys, manufacturers and exporters of niche value-added manganese alloys, said on Tuesday that it plans to acquire 10 lakh shares (0.202 per cent) of the National Stock Exchange. In a disclosure to the stock exchanges, the company said it entered into an agreement for the purchase of 10 lakh shares for ₹324 crore, […]

[ad_1] The rupee appreciated 3 paise to 83.13 against the US dollar in early trade on Tuesday, tracking positive cues from domestic equity markets and a weak American currency against major overseas rivals. However, forex traders said the Indian currency remained under pressure due to selling of equities from foreign institutional investors amid volatility in […]

[ad_1] Notwithstanding the boom in the main board primary market issuance, retail investors’ interest in initial public offering on SME platforms have also touched a new high. SME segment saw 166 companies raising an aggregate of ₹4,472 crore by listing on both BSE SME and NSE Emerge. The most interesting aspect of SME IPOs was […]

[ad_1] The sharp rally in the equity markets is redefining the small-cap definition for mutual funds. The first 58 stocks that will enter the small-cap as per the Association of Mutual Funds of India definition will have a combined market-cap of about $3 billion. However, globally small caps are classified as stocks within the market […]

[ad_1] Pipe maker AIK Pipes and Polymers on Sunday said it has fixed a price of ₹89 per share for its Initial Public Offering (IPO), which will open for public subscription from December 26-28. The initial share-sale is entirely a fresh issue of 16.88 lakh equity shares and the company aims to raise about ₹15.02 […]

[ad_1] Global crude steel production increased by 3.3 per cent in November 2023 to 145.5 million tonnes (mt) against 139.5 mt in the corresponding period a year ago. For the January-November period, production in the 71 nations that account for 85 per cent of world steel output was pegged at 1,715.1 mt, up 0.5 per […]

[ad_1] India’s foreign exchange (FX) reserves rose for the fifth time in the week ending December 15, touching an over 20-month high of $615.97 billion- the highest level since March 2022. FX reserves increased by $9.11 billion during the week, one of the highest weekly increases ever and the second highest in FY24 so far, […]

[ad_1] Target: ₹4,600 CMP: ₹3,961 Siemens, in its analyst meet, highlighted growth opportunities across segments, plans to demerge its energy division, and plans to increase localization across segments. The company is optimistic about growth prospects in the domestic market across government and private capex. It is also positive about opportunities emerging from new areas such […]

[ad_1] New Delhi, December 21 India’s crude oil suppliers such as the Abu Dhabi National Oil Company (ADNOC) have expressed concern over repatriation of funds in preferred currency and the high transaction costs on conversion of funds along with exchange fluctuation risks. India’s crude oil import bill, which accounts for 25 per cent of the […]