Economic Survey 2024: Banks well-positioned to finance investment demand
For more on the Economic Survey 2024, follow our live blog. Mumbai: India’s banking and…
Are you planning to invest in gold this Dhanteras. It is quite likely for you to be staring at a conundrum i.e., whether to choose physical or digital gold for the purpose of investing. Both the forms of gold have their own advantages and disadvantages, however, one key factor which may swing the decision in…
Education technology company Veranda Learning Solutions plans to raise ₹1,000 crore through bonds or debentures to fund its expansion and achieve a revenue of ₹600 crore by the end of this fiscal. Veranda HigherEd, the company’s learning enterprise, recently launched two cutting-edge short courses in partnership with the University of Technology Sydney based in Australia…
NEW DELHI : For Indians, shopping for gold on Dhanteras symbolizes fortune and prosperity. Tradition aside, the yellow metal is also a good long-term investment option. Gold bought 10 years ago has yielded a compound annual growth rate (CAGR) of about 11%, whereas CAGR for the five-year period stands at 14.2%. During the five-year period,…
RattanIndia Enterprises Limited, a publicly listed company, has announced the launch of its newest brand, Kalaanj, through its subsidiary Neobrands Limited. Kalaanj is an Indian ethnic wear brand focused on offering a captivating collection of diverse prints and styles for women. The shares of RattanIndia Enterprises Limited were trading flat at ₹63.19 on the…
Indian equity benchmarks traded in the red during Tuesday afternoon trading, with the Sensex falling below the psychological 80,000 mark after opening flat, while banking stocks showed strength amid mixed market breadth. The BSE Sensex declined 411.67 points or 0.51 per cent to 79,593.37 at 12:30 pm, after opening at 80,037.20. The broader NSE Nifty…
Swiggy has in recent weeks cut its internal valuation goal twice by a combined 25% due to volatility in the Indian stock markets. File. | Photo Credit: Reuters Food delivery giant Swiggy will likely price its $1.35 billion domestic initial public offering, which opens next week, at ₹371-390 per share, sources with direct knowledge of…
Image used for representational purposes. File The rupee opened on a flat note and depreciated 1 paisa to 84.08 against the U.S. dollar in initial deals on Tuesday (October 29, 2024), as persistent foreign fund outflows and the strength of the American currency in the overseas market dented investor sentiments. Forex traders said a muted…
Aurionpro Solutions Limited has secured multiple data center projects worth approximately ₹170 crores from a leading colocation player in India, the company announced on Tuesday. The largest component is a ₹150 crore turnkey project for designing and building an edge data centre in the National Capital Region. Also read: Aurionpro wins ₹200-crore ‘Safe City Contract’…
People walk past the Bombay Stock Exchange (BSE) building, in Mumbai. | Photo Credit: PTI Equity benchmark indices fell in early trade on Tuesday (October 29, 2024) amid continuous foreign fund outflows from the capital markets and largely muted earnings from corporates so far. The BSE Sensex declined 322.24 points to 79,682.80 during the initial…
During the Dhanteras festivities, Jio Financial Services Limited (JFSL) has launched ‘SmartGold,’ a digital gold investment platform accessible through the JioFinance app. The shares of Jio Financial Services Limited (JFSL) were trading flat at ₹317.75 on the NSE today at 10 am. The new offering allows customers to purchase 24-karat physical gold in…