New Delhi (IANS)The surge in FPI inflows during December 2023 which stood at Rs 58,372 crore, slowed down in early January 2024, says V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services. As per NSDL data, total FPI investment through … read more
Ahmedabad (IANS) Union Minister for Electronics and Information Technology, Ashwini Vaishnaw, announced on Thursday that the Tata Group’s upcoming investment in semiconductor fabrication in Gujarat is set to be substantial. This announcement was made during the biennial Vibrant Gujarat Global … read more
New Delhi (IANS) The benchmark indices witnessed volatile trading session, after a roller coaster activity the Nifty ends 32 points higher while the Sensex was up by 31 points, says Shrikant Chouhan, Head-Equity Research, Kotak Securities. He said that among … read more
New Delhi (IANS) Digital upskilling platform Simplilearn saw its losses grow 29 per cent to Rs 244 crore during FY23 as compared to Rs 179 crore in FY22. Various overheads resulted in its overall expenditure reaching Rs 944 crore in … read more
New Delhi (IANS) India’s gross domestic product (GDP) is estimated to grow by 7.3 per cent in 2023-24, up from 7.2 per cent in 2022-23, according to the advance estimate released by the Ministry of Statistics on Friday. The ministry’s … read more
New Delhi (IANS) Online payments and banking technology firm Cashfree has reported a Rs 133 crore loss in FY23 from just Rs 3 crore in FY22, owing to a substantial cost increase in employee benefits and payment processing, the media … read more
Mumbai (IANS) Goldman Sachs has lowered its projection for India’s current account deficit in 2023-2024 to 1 per cent of GDP from 1.3 per cent earlier as the US bank expects services exports to rise further while crude oil prices … read more
New Delhi (IANS) The week has come to an end and this week becomes special because the calendar year 2023 ends at the stroke of midnight as well. The week was a four-day affair with it beginning with a trading … read more
New Delhi (IANS) The composite scheme of arrangement amongst Tata Consumer Products Ltd (TCPL), Tata Coffee Ltd (TCL), and TCPL Beverages & Foods Ltd (TBFL) and their respective shareholders and creditors, pursuant to Section 230-232 and other applicable provisions of … read more
Mumbai (IANS) The benchmark index maintained its optimism and hit fresh highs owing to ease in Red Sea issue and reversal of FII inflows, Vinod Nair, Head of Research at Geojit Financial Services, said on Thursday. The markets closed at … read more