Unable to display feed at this time.
Unable to display feed at this time.
Unable to display feed at this time.
Unable to display feed at this time.
- Stock market today: BSE Sensex plunges over 550 points; Nifty50 below 24,150 November 4, 2024Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, plunged in trade on Monday. While BSE Sensex dropped over 550 points, Nifty50 was below 24,150.
- Double trouble for FMCG players: Costly commodities, weak demand November 4, 2024Leading FMCG companies in India, including HUL, Godrej, Marico, ITC, and Tata Consumer Products, have reported a decline in margins for the September quarter due to higher input costs and food inflation impacting urban consumption. Rising prices of palm oil, coffee, and cocoa have particularly squeezed margins, prompting some firms to consider price hikes am […]
- Tata's 3 prized guns go to Mehli Mistry November 4, 2024Ratan Tata bequeathed his cherished firearms, symbolizing personal connections with close associates, to Mehli Mistry. Mistry must obtain a license for these inherited weapons, likely opting for ornamental use. Additionally, Tata transferred his Alibaug property to Mistry, reflecting their longstanding association.
- Government invests in RINL to keep it as a going concern November 4, 2024
- No slowdown in tech spends: Microsoft India head November 4, 2024Microsoft sees robust technology spending in India, with rising AI momentum driven by Copilot and increasing use cases. Puneet Chandok, the company's India and South Asia president, highlighted a positive shift in AI perceptions and emphasized Microsoft's commitment to regulatory compliance. India remains a key growth market.
- Government infuses ₹1,650 crore in Rashtriya Ispat Nigam Limited November 3, 2024“SBICAPS, a wholly-owned subsidiary of the State Bank of India, is preparing a report on the sustainability of RINL,” a press note said
- Lower sales realisation hit margins of cement makers in Q2 November 3, 2024Industry observers said the increase in sales volume of UltraTech and Ambuja Cements is mainly due to the several acquisitions by both companies that consolidated their position further in the industry
- FPIs withdraw record ₹94,000 crore from Indian equities in October on attractive Chinese valuations November 3, 2024Foreign portfolio investors withdrew ₹94,000 crore from Indian stock market in October due to high valuations, shifting focus to Chinese stocks
- FMCG firms worry over high inflation, squeezing urban market; hint price hike November 3, 2024Rising prices of commodity inputs such as palm oil, coffee and cocoa were also accentuated and some FMCG firms have hinted at a price hike
- Zebra Tech to focus on e-com, logistics, manufacturing; eyes double-digit growth in India by 2025 November 2, 2024