Dr. Raj Narayanam, founder & executive chairman, Zaggle. File | Photo Credit: Special arrangement B2B Software-as-a-Service (SaaS) fintech Zaggle Prepaid Ocean Services having raised ₹595 crore through Qualified Institutional Placement (QIP) route is now eying at least two acquisitions in the next 12 months, it is learnt. “The company is evaluating five to six potential targets in the SaaS…
At the interbank foreign exchange, the rupee opened weak at 85.31 and slipped further to hit its lifetime low of 85.35 against the greenback, registering a loss of 8 paise from its previous closing level. Representational image | Photo Credit: Reuters The rupee slid for the fourth straight session, depreciating 8 paise to hit a…
A bird flies past a screen displaying the Sensex results on the facade of the Bombay Stock Exchange (BSE) building in Mumbai. | Photo Credit: REUTERS Benchmark indices Sensex and Nifty climbed in early trade on Friday (December 27, 2024) amid buying in bank stocks and a largely firm trend in the Asian markets. The…
An employee of a stock trading firm looking at a share price on his computer. | Photo Credit: The Hindu Benchmark indices Sensex and Nifty ended flat in listless trading on Thursday (December 26, 2024) amid a lack of near-term triggers and unabated foreign fund outflows. The 30-share BSE benchmark Sensex dipped 0.39 points to…
Image used for representative purpose only. | Photo Credit: Reuters The rupee stayed weak for the third straight session and fell 12 paise to settle at a fresh all-time low of 85.27 (provisional) against the U.S. dollar on Thursday, amid a strong greenback and rising crude oil prices. Forex traders said, increased month-end as well…
From the 30 blue-chip stocks, State Bank of India, Maruti, Axis Bank, ICICI Bank, Mahindra & Mahindra and Power Grid were among the biggest gainers. File. Representational image Benchmark indices Sensex and Nifty surged in early trade on Thursday (December amid a rally in Asian markets and buying in blue-chip bank stocks. The 30-share BSE…
Employees Providend Fund Organisation building at Bandra. File | Photo Credit: Supreet Sapkal Retirement fund body EPFO has registered 13.41 lakh net new members addition in October 2024, according to showed latest payroll data. This signifies increased employment opportunities and heightened awareness of employee benefits, bolstered by EPFO’s effective outreach initiatives, a labour ministry statement…
IndiQube, a managed workplace solutions company, is dedicated to transforming the traditional office experience through comprehensive, sustainable, and technology-driven solutions. Representational image. | Photo Credit: Getty Images/iStockphoto Workplace solutions company IndiQube Spaces Ltd has filed preliminary papers with capital markets regulator Sebi to raise ₹850 crore through an initial public offering (IPO). Also read: The changing…
SEBI chairperson Madhabi Puri Buch speaks during the Global Fintech Fest in Mumbai on August 29, 2024. | Photo Credit: PTI Anti-corruption ombudsman Lokpal has called SEBI chief Madhabi Puri Buch and also complainants, including Trinamool Congress MP Mahua Moitra, for an “oral hearing” next month in connection with corruption complaints being heard by it,…
Representational image of the Bombay Stock Exchange (BSE) building | Photo Credit: Reuters Benchmark equity indices Sensex and Nifty ended on a flat note in a volatile trade on Tuesday (December 24, 2024), as investors preferred to stay on the sidelines awaiting further triggers amid persistent foreign fund outflows. After gyrating between highs and lows,…
