Vedanta incorporates Sesa Iron & Steel in Goa
“Sesa Iron and Steel Limited is incorporated for growth projects and to undertake expansion of its operations,” the company mentioned in a regulatory filing with the stock exchanges.
NPCI introduces credit, NFC-based payments to scale UPI service
The new offerings include a credit line on UPI, UPI Lite X for offline payments and a near field communication (NFC)-enabled Tap & Pay feature, conversational payments through Hello! UPI as well as conversational bill payments with BillPay Connect.
RBI governor urges fintech companies to form self-regulatory body
“In the dynamic and ever-evolving world of business, it is easy to get caught up in the pursuit of revenue, bottom lines and the relentless drive for valuations,” Governor Shaktikanta Das said, while delivering the keynote address at the Global Fintech Fest 2023 in Mumbai. “Sometimes, it is forgotten that the success of any enterprise […]
Indian agro-chemical industry can grow over 9 per cent notwithstanding Chinese competition: Niti Aayog
Chand also observed that many Western countries are shifting from agrochemicals to biopesticides and the Indian industry needs to pay attention to this aspect. He urged the Agro Chem Federation of India (ACFI) to come out with a document on ease of doing business in agrochemicals. The Niti Aayog member was addressing a panel discussion […]
Ahead of the Market: 10 things that will decide D-Street action on Thursday
Fag-end buying helped the BSE Sensex climb 100 points to settle at 65,880.52. During the day, it had declined 292 points to 65,488.03
SAMHI Hotels IPO to open on September 14; fresh issue size revised to Rs 1,200 crore
Under the OFS, Blue Chandra Pte will offload 84.2 lakh shares, Goldman Sachs will sell up to 49.31 lakh equity shares and GTI Capital Alpha will give up 1.4 lakh shares.
Tech View: Bullish crossover in RSI highlights Nifty’s strength. What traders should do on Thursday
The short-term trend of Nifty continues to be positive. One may expect further upside in the coming sessions and any dips down to the support of 19,500 is likely to be a buy-on-dips opportunity. The next upside levels to be watched are around 19,800, said Nagaraj Shetti of HDFC Securities.
Varun Lohchab’s 6 top investment ideas in IT and financials
“United Spirits is one of our top picks in the consumption space and then in discretionary space we like Crompton Consumer which is part of our model portfolio along with United Spirits. We are positive on hotels as a theme . We have a positive rating on both Indian Hotels and Lemon Tree. I would […]
Crude oil price @ $90: Election year burden haunting petrol, diesel retailers once again
Due to lower Brent prices and unchanged retail fuel prices in Q1, the implied marketing gross margin (GMM) for OMCs had improved to Rs 8.8 per litre from Rs 3.1 per litre in the previous quarter.
These 7 Nifty stocks are still miles away from 52-week highs; what should investors do?
The Adani Group’s flagship company has given 41% returns so far in FY24 and is one of the best-performing stocks in the index. Despite this, the stock is still about 70% away from its 52-week high of Rs 4,190, touched in December 2022.