Interlinking fast payment systems is widely seen as a means to enhance global cross-border payments and reduce costs, but Christopher Waller said that it could pose an increased risk management burden for banks participating in it.
Interlinking fast payment systems is widely seen as a means to enhance global cross-border payments and reduce costs, but Christopher Waller said that it could pose an increased risk management burden for banks participating in it.
As of 12 noon, demand was largely driven by non-institutional and retail investors, who each booked over 100% of the issue, while qualified institutional buyers bid for just 616 out of 26 lakh reserved shares. Ecos Mobility's current grey market premium stands at Rs 194, indicating a 58% premium in the unlisted market.
On the technical charts, the RSI of the stock stood at 50.66.
DiDi expects the deal will help it pull back significantly from electric vehicle manufacturing where automakers compete fiercely in a consolidating market, sources said. The company will become the second-largest shareholder of AutoAi, a provider of intelligent cockpits-related software and hardware. NavInfo will be the biggest shareholder with 27%.
Trinamool Congress General Secretary Abhishek Banerjee criticized the BJP and demanded a stringent anti-rape law from the Centre. He emphasized the need for time-bound legislation to address crimes against women. Banerjee also threatened to intensify protests if the law is not enacted soon, citing various incidents of atrocities against women.
Paris Paralympics 2024 Opening Ceremony Live Streaming: India will send its largest-ever delegation to the Paris 2024 Paralympics with 84 athletes, including 32 women, competing across 12 sports. The team aims to surpass its record-breaking performance of earning 19 medals at the Tokyo 2020 Paralympics. Notable athletes include Avani Lekhara and Sumit Antil, both aiming to defend their titles.
The stock traded at a P/E multiple of 57.01, while the price-to-book value ratio stood at 16.73.
The NCDs are rated CARE A+ (Positive) by CARE Ratings Ltd., offering an effective yield of up to 9.9% annually across eight series. Investors can participate with a minimum investment of Rs 10,000, or 10 NCDs, with further investments in multiples of Rs 1,000. The bonds are available in tenors ranging from 2 to 5 years.
Datamatics advances its copilot innovation by customizing solutions for each organization with support for Microsoft 365 or creating custom copilots for each unique client organization, which enables organizations to maximize the potential of copilots through a personalized, consultative approach rather than a one-size-fits-all method.
A total of 5,514 shares changed hands on the counter till 01:29PM (IST).
Gautam Shah from Goldilocks Premium Research highlights the shift towards newer sectors like metals, NBFCs, and chemicals in the market. He discusses sector rotations, noting the promising performance of quality mid-caps and small-caps. Shah praises the market's resilience amid global economic concerns and outlines a positive outlook and study risk-reward to pick sectors.
ANSR aims to integrate artificial intelligence (AI) into global team management to deliver advanced capabilities including intelligent employee engagement, predictive analytics, automated compliance checks and smart onboarding processes for global capability centers (GCCs).
As of 30-Jun-2024, promoters held 74.65 per cent stake in the company, while FIIs held 9.22 per cent and domestic institutional investors had 6.81 per cent.
Despite 77% of Nifty 100 stocks trading above their 20-day DMAs and 63% above their 50-DMAs, 16 stocks, including six Adani Group stocks and several PSUs, have fallen below both moving averages. According to Ace Equities data, this indicates generally favorable trends for large-cap stocks.
GRM Overseas Limited has acquired a 44% stake in Rage Coffee through a combination of primary infusion and secondary buyouts. This strategic move aims to expand GRM's presence in the fast-growing Indian coffee market. The acquisition aligns with GRM's broader strategy to invest in digital-first, new-age D2C brands under its 10X Ventures platform.
As of 30-Jun-2024, promoters held 74.08 per cent stake in the company, while FIIs held 16.16 per cent and domestic institutional investors had 3.46 per cent.
The SGPC has issued a legal notice to Kangana Ranaut and the producers of the film 'Emergency' over alleged misrepresentation of Sikh history. The film has upset the Sikh community for its portrayal of Sikhs. The SGPC demands the removal of the trailer and an apology from the filmmakers.
Paris Paralympics 2024 Opening Ceremony Live Streaming: The Paris Paralympics 2024 are set to commence on August 28 with a grand opening ceremony at Place de la Concorde and the Champs-Elysées. India will be represented by flag-bearers Sumit Antil and Bhagyashri Jadhav. India is participating in 12 out of the 22 sports, making its debut in para cycling, para judo, and para rowing.
I do think IT is playing a big catch up, given that global IT stocks have already done well. The Indian IT stocks were lagging behind for a long time. So that is getting priced in. If I simply look at the IT Index, it looks like heading towards 48,000-49,000 in the coming week, so possibly got a long way to go.
Investment excitement around SME IPOs has startled many, including Radhika Gupta of Edelweiss Mutual Fund. Highlighting a recent IPO by Resourceful Automobile, which was subscribed nearly 400 times, Gupta warned investors to exercise caution. Resourceful Automobile plans to use the capital to expand operations and repay debt.
Promoters held 46.09 per cent stake in the company as of 30-Jun-2024, while FII and DII ownership stood at 18.76 per cent and 15.17 per cent, respectively.
Discover 8 simple and effective ways to check if your desi ghee is pure. From texture and aroma tests to the freezing method, these easy tips will help you ensure you're getting the real deal at home.
The Telecom Regulatory Authority of India (TRAI) held a meeting of the Joint Committee of Regulators (JCoR) to discuss measures against spam calls and messages. Key suggestions included whitelisting URLs, moving promotional calls to the 140 series, and full disclosure of telemarketers. Collaborative strategies to combat telecom fraud were also explored.
