Home-grown FMCG firm Dabur on Friday said it has received an observation letter with “no adverse observations” from the BSE over its Scheme of Amalgamation of Sesa Care.Read More
Markets regulator Sebi has granted in-principle approval to the registration of ‘Raajmarg Infra Investment Trust’ (RIIT) as an Infrastructure Investment Trust (InvIT) and will get the final nod after it meets specific requirements during the next six months, an official statement said on Friday.Read More
Wall Street’s main indexes had a subdued open on Friday as investors avoided large bets and awaited a long-delayed key inflation report that could shape the Federal Reserve’s policy path.Read More
Tenneco Clean Air India reported a 10% YoY profit rise to ₹150 crore and nearly 10% revenue growth in its first post-listing quarter. EBITDA margins stayed strong, while a ₹9,840-crore lifetime order book boosted long-term visibility despite sequential profit moderation.Read More
Britain’s housing market slowed in November in both annual and monthly terms in the run-up to the government’s budget, figures from mortgage lender Halifax showed on Friday.Read More
Real estate industry bodies CREDAI and NAREDCO on Friday said RBI’s move to cut repo rate by 25 basis points would lead to reduction in interest rates on home loans and boost housing demand.Read More
Gaja Alternative Asset Management Ltd, which operates under the brand Gaja Capital, has filed updated draft papers with markets regulator Sebi to raise a little over Rs 656 crore through an initial public offering (IPO).Read More
The rupee closed little changed on Friday after the Reserve Bank of India cut policy rates, logging a quiet close to a week which saw the currency fall below 90 per dollar for the first time on worries about dwindling dollar inflows into the economy.Read More
Indian government bonds rallied on Friday after a policy interest rate cut and liquidity infusion measures, even as the 10-year benchmark note ended flat on profit taking and supply.Read More
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