GPT Infraprojects amazes with soaring net profits and stake acquisition, reflecting a prosperous future ahead.
The Shiv Sena and the Nationalist Congress Party (NCP)-Ajit Pawar MPs congratulated Narendra Modi on taking the oath as Prime Minister for a third consecutive term following the Lok Sabha polls. Taking to 'X', PM Modi wrote, "Had a great meeting with Shiv Sena MPs. Ours is not a political alliance--it is a time-tested friendship, bound together by common ideals and a shared vision for India's development."
Patel said that he imagines there will be a number of additional areas where the two countries could continue to deepen cooperation. "National Security Adviser Sullivan just had a visit to Delhi a number of weeks ago as well," he said.
Amid IPO frenzy, companies race to appoint independent directors with specific skill sets crucial for growth. Women lead key committees, while former bureaucrats remain sought after. The process overlooks competencies, favoring recommendations from bankers and auditors. Specialized firms aid in identifying professionals for board roles, ensuring compliance with listing regulations.
Exciting developments in the oil market as prices hold steady near recent highs, driven by robust demand projections and the possibility of U.S. interest rate cuts. The looming threat of Hurricane Beryl and reduced crude imports into Asia, especially China, add further intrigue to the market landscape.
Witness a revolutionary shift in CASA ratios as private banks dominate with a 45% ratio in March 2023, outperforming public sector banks at 42% in the CASA deposit landscape. Stay informed on the latest developments shaping the banking sector dynamics.
Hurricane Beryl intensified to a Category 4 storm with winds up to 155 mph, moving across the southeastern Caribbean on Monday. Jamaica is near its path, prompting a hurricane warning. The storm has caused power outages and flooding in several Caribbean islands. Beryl is expected to bring heavy rain to Barbados and the Windward Islands. Climate change is believed to be intensifying such storms, contributing to an unusually active hurricane season. Jamaica and Mexico are preparing for Beryl's impact... Читать дальше...
Stock turmoil and financial rumors haunt Vashu Bhagnani Industries, as share prices plummet amid speculation of delayed salary payments and property sell-off.
SoftBank, Bahl, and Bansal, with an indemnity pact, face losses as FirstCry's online sales dominate, impacting revenue negatively.
Ahmedabad-based Mamata Machinery exports extrusion equipment while Shivalik Engineering Industries' IPO includes fresh issue shares and an offer for sale with a face value of ₹5 per equity share. Gala Precision and Interarch Building Products have received Sebi approval for their IPOs.
Domestic markets showed gains driven by positive sentiment on expectations of a discretionary spending rebound. Investors focus on upcoming US job data and Fed Chair's speech for interest rate insights. Nifty futures trade higher with a positive trend intact. Oil prices remain steady near highs, supported by rising fuel demand outlook. FII and DII actions impact rupee's performance.
The Indian cricket team, stranded in Barbados after winning the T20 World Cup, may finally return home as Barbados Prime Minister Mia Mottley expects the airport to reopen within the next six to 12 hours. Hurricane Beryl had forced a shutdown, but Mottley is overseeing efforts to resume normal operations urgently. Despite damage to coastal areas, Barbados avoided a direct hit. Mottley acknowledged the team's patience and spirits after their victory, hopeful they will soon depart before the next hurricane arrives midweek.
