[ad_1] Standard Glass Lining IPO is a Rs 1,250 crore issue which comprises fresh equity of Rs 210 crore and an offer for sale of 1.42 crore shares. (AI image) Standard Glass Lining Technology IPO: The IPO opened for subscriptions today and was oversubscribed within an hour, driven by strong participation from retail and non-institutional…
[ad_1] Consumer stocks took a beating during last quarter’s selloff in Indian equities, reflecting signs of stress in urban demand. A flurry of third-quarter business updates will keep traders busy on Monday as they look for signs of a rebound in growth after depressing second quarter earnings. Bulls will be eyeing a comeback, as Nifty…
[ad_1] Technical analysis suggests that the index could advance towards 24,200-24,220. (AI image) Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, opened in green on Monday. While BSE Sensex was up over 100 points, Nifty50 was above 24,000. At 9:16 AM, BSE Sensex was at 79,323.56, up 100 points or 0.13%….
[ad_1] NEW DELHI: FDI inflows into the country are surging, with investors from the Middle East, Japan, European Union, and the US recognising India’s status as a top investment destination, driving rapid economic growth and generating millions of new jobs, Commerce and Industry Minister Piyush Goyal has said. He said that global investors are showing…
[ad_1] NEW DELHI: Govt does not plan to ask laptop makers to cut down imports to India immediately in the New Year as it believes that local production will grow and gradually mirror the success seen in smartphones, with companies such as HP and Dell boosting local output significantly from the next fiscal, IT and…
[ad_1] MUMBAI: HDFC Bank‘s deposit base surpassed its advances for the first time after the merger of its parent housing finance company with the bank in July 2023. The country’s largest private bank disclosed its business figures for Q3 FY25 in a filing with the stock exchanges.The bank’s advances growth has slowed as part of…
[ad_1] NEW DELHI: Hit by inflation, higher input costs and pricing measures, FMCG companies are expected to see a contraction in their gross margin and a modest-to-flat operating profit in the Dec quarter. Several FMCG makers are likely to log a low single-digit rise in their revenue, returning to the cycle of value-driven growth.One of…
[ad_1] NEW DELHI: The telecom department and the ministries of defence, railways and highways are among the major heads that have seen lower capital expenditure, with the department of economic affairs (DEA) too going slow during the fiscal year up to Nov.Data available on website of the controller general of accounts showed that during April-Nov,…
[ad_1] MUMBAI: The systematic withdrawal scheme introduced under the National Pension System (NPS) provides retirees with a facility to deploy their retirement corpus and have their funds managed in a cost-efficient manner.The NPS has already demonstrated its ability to outperform most retirement funds in terms of returns. Previously, a subscriber, on exit from NPS, did…
[ad_1] Commerce and Industry Minister Piyush Goyal NEW DELHI: The government is working on an export strategy to further accelerate the country’s goods and services shipments, Commerce and Industry Minister Piyush Goyal has said. He said the ministry is working on a “very” targeted manner to take the exports to $ 2 trillion by 2030…
