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IIFL Finance shares witnessed a decline of more than 7 percent during the initial trade on December 22, following a substantial block deal amounting to ₹1,358 crore. Approximately 2.4 crore shares, equivalent to a 6.5 percent stake in the company, […]
Shares of Transformers & Rectifiers India (TRIL), one of the leading manufacturers of transformers, have skyrocketed 19.6% in today’s trade to record a new lifetime high of ₹226 apiece. This impressive rally was attributed to the company’s successful completion of […]
Bhavish Aggarwal-led Ola Electric Technologies on Friday filed draft papers for an initial public offering (IPO) to raise ₹5,500 crore by issuing new shares, apart from a share sale by existing investors. The IPO by Bengaluru-based Ola Electric, India’s largest […]
India’s exports face a shortfall of about $4 billion to $5 billion this year after it clamped curbs on trade in wheat, rice and sugar. The Red Sea attacks in Middle East may also hit basmati rice shipments, according to […]
India produced a total of 2.4 million metric tonnes (MMT) of crude oil in November 2023 – registering a de growth of 0.4 per cent compared to the year-ago period, according to Petroleum Planning & Analysis Cell (PPAC). Out of […]
Sovereign Gold Bond: Subscription for the third tranche of Sovereign Gold Bond scheme’s (SGB 2023-24 Series III) will end today evening. The third tranche opened for subscription on December 18. The Reserve Bank of India (RBI) has fixed the issue […]
Amid heavy inflows in Indian debt and equity markets, India’s foreign exchange reserves rose for the fifth straight week, reaching an over 20-month high of $615.97 billion as of December 15, according to the data released by the Reserve Bank […]
Cash Problems Among Small Business Owners At a local party, a group of small business owners talked about how the Indian economy is doing. They said that even though reports say India’s economy is growing, it doesn’t really help their […]
Google will restrict election-related queries from Bard and AI-based searches, Reuters reported. The announcement from the Alphabet company comes ahead of the pivotal 2024 US Presidential election. While the US election garners global attention, 2024 is also crucial for other […]
On the 17th day of the Winter Session of the Parliament, both houses will reconvene for business On Wednesday, Union Minister Ashwini Vaishnaw will move a bill to amend and consolidate the law relating to the development, expansion and operation […]