New Delhi (IANS) V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services, said FPI selling continues unabated impacting financial services and IT segment more than others. In October, FPIs have sold equity for Rs 20356 crore. The selling through … read more
New Delhi (IANS) The Indian technology sector saw 87 deals valued at $1.4 billion in the third quarter this year, a 40 per cent surge in values over the previous quarter, a report showed on Thursday. The deal volumes, however, … read more
New Delhi (IANS) The Union Cabinet on Wednesday approved the nutrient-based subsidy (NBS) rates for Rabi season 2023-24 (from October 1, 2023 to March 31, 2024) on phosphatic and potassic (P&K) fertilisers. IANS had reported about the decision earlier. The … read more
New Delhi (IANS) Edtech major Byju’s on Tuesday announced new leadership in its finance function with the appointment of industry veteran Pradip Kanakia as the senior advisor and Nitin Golani, currently the President-Finance, assume additional responsibility as Chief Finance Officer … read more
New Delhi (IANS) With last week registering successively lower lows, the ongoing slide appears to gain momentum, setting up environment for a dive into the 19,350-230 region, says Anand James, Chief Market Strategist at Geojit Financial Services. However, the favoured … read more
New Delhi (IANS) Investors are likely to remain cautious in the near term due to concerns about the long implication of geopolitical tensions in the Middle East, says Vinod Nair, the Head of Research at Geojit Financial Services. We expect … read more
Chennai (IANS) IDBI Bank on Saturday said it closed the second quarter of FY24 with an increased net profit of Rs.1,323.27 crore. In a regulatory filing, IDBI Bank said for the quarter ended September 30, it had earned a total … read more
Chennai (IANS) Fast moving consumer goods major Hindustan Unilever Ltd (HUL) on Thursday said it closed the second quarter of FY24 with a net profit of Rs 2,717 crore. In a regulatory filing, HUL said for the quarter ended September … read more
New Delhi (IANS) The total horticulture production in the country including fruits, vegetables, flowers and plantation crops is expected to be a record 351.92 million tonnes during 2022-23, according to the 2nd advance estimates, released by the Ministry of Agriculture … read more
Chennai (IANS) Bajaj Finance Ltd on Tuesday said it will acquire 26 per cent stake in Pennant Technologies Pvt Ltd for about Rs 267.50 crore to be paid in cash. The company also said it closed the second quarter of … read more