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Mumbai, 28 October. The stock market closed with a decline on Wednesday due to selling in shares of Information and Technology (IT) sector and Reliance Industries amid the rise in crude oil and cautious attitude of investors before the decision on the policy interest rate of the US Federal Reserve. However, during trading both the … Read more
Mumbai Shares of Reliance Industries' telecom arm Jio Platforms got listed on the stock market on Wednesday with a premium of more than 20 percent. Shares of Reliance Industries' telecom arm Jio Platforms were listed at a 21.27 per cent premium to the IPO price on Wednesday. With this explosive entry in the market, the … Read more
Indian engineering and construction giant Larsen & Turbo (L&T) has once again proved its tremendous strength at the global level and has won a huge infrastructure project from the neighboring country Bangladesh. After this big achievement, there has been a tremendous jump in the business expansion and financial performance of the company, due to which … Read more
SUMMARY Traveltech startup Holiday Tribe is in talks to raise around ₹50 Cr in a fresh funding round, with RPSG Capital Ventures among the prospective investors, sources told Inc42. The proposed fundraise comes amid investments in customised holiday planning platforms, including 30 Sundays’ ₹61 Cr Series A round and Flipkart’s investment in TravClan The round … Read more
New Delhi: Amid concerns from news publishers that a new law could constrain investigative reporting, Information Technology Minister Ashwini Vaishnaw on Wednesday said the Digital Personal Data Protection (DPDP) Act does not infringe press freedom, asserting that the Constitution guarantees journalistic independence. “The journalistic freedom is guaranteed by the Constitution of India. That freedom is … Read more
Maxis, whose major shareholders include Krishnan’s holding firm Usaha Tegas, has asked certain banks and law firms to submit proposals and could soon select its advisers, Bloomberg reported, citing sources with knowledge of the matter. The owners of U Mobile might look for a valuation of at least RM10 billion (US$2.45 billion), the sources said. … Read more
Jio Platforms IPO allotment: What happens next if you get shares or miss out?Twitter With Jio Platforms making its stock market debut, investors who applied for the company’s initial public offering (IPO) are keen to understand what happens next, whether they receive an allotment or miss out. From checking demat accounts and tracking listing gains … Read more
An employee counts U.S. banknotes at a bank in Hanoi. Photo by Read/Giang Huy The U.S. dollar fell against the Vietnamese dong on the black market Wednesday morning. The greenback slipped 0.23% to 26,080 at unofficial exchange points. The currency held at VND26,020 at lender Vietcombank. The State Bank of Vietnam lowered its reference rate … Read more
Indian engineering and construction giant Larsen & Turbo (L&T) has once again proved its tremendous strength at the global level and has won a huge infrastructure project from the neighboring country Bangladesh. After this big achievement, there has been a tremendous jump in the business expansion and financial performance of the company, due to which … Read more
New Delhi. Before Diwali, the Modi government at the Center has announced a three percent increase in the rates of Dearness Allowance/Dearness Relief of its 48 lakh employees and 68 lakh pensioners. On Wednesday, the Union Cabinet has approved the proposal to increase the rates of DA/DR. The rate of Dearness Allowance/Dearness Relief payable from … Read more