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This will be the third acquisition under the Vision systems business division during the current five-year plan following acquisitions in Turkey and China.

Gold is selling for Rs 50,200 per 10 grams in Mumbai and Kolkata

Through these instruments, the bank, which strives to maintain capital adequacy at the 16% level and beyond, has already raised Rs6,000 cr in H1

The Indian rupee is likely to succumb to further losses amid massive strength in the US dollar overseas on expectations of further interest rate hikes by the Federal Reserve. The domestic bond yields are seen tracking US treasury yields and soaring above 7.45% early on Monday, as globally rising interest rates are possibly adding pressure on the Reserve Bank of India to follow suit. The […]

The business activity contracted for a third straight month in September, though the pace of decline slowed and improving global supply chains eased inflation pressures for companies. S&P Global said on Friday its flash US Composite PMI Output Index rose to 49.3 from a final reading of 44.6 in August. A reading below 50 indicates contraction in the private sector.Powered by Commodity Insights

Varun Berry will be Rajneet Kohli's boss.

The number of total active drilling rigs in the United States rose by 1 last week, according to new data from Baker Hughes published on Friday. The total rig count rose to 764 last week?243 rigs higher than the rig count this time in 2021. Oil rigs in the United States rose by 3 last week, to 602. Gas rigs slipped 2, to 160. Miscellaneous […]

SMR Automotive Mirrors UK, United Kingdom (SMR UK), a 100% step down subsidiary of Samvardhana Motherson Automotive Systems Group BV, Netherlands (SMRP BV), has entered into a Share Purchase Agreement (Agreement) with Ichikoh Industries, Japan (Ichikoh) for the acquisition of 100% equity share capital held by Ichikoh in Misato Industries Co., Japan and Ichikoh (Wuxi) Automotive Parts Co., China. SMRP BV is a material and […]

Tumbling equities and persistent recession fears amid rising global interest rates are keeping copper prices under pressure. Strength in dollar also weighed on the red metal that is lingering at a two month low of $3.30 per pound, down nearly 2% on the day. Meanwhile, the Dow dropped to its lowest closing level in over a year, while the Nasdaq and the S&P 500 hit […]

Massive surge in US dollar is dragging down appeal for gold that is lingering below $1650 an ounce in early Asia on Monday. Rising yields on prospects of further hawkish stance of the Federal Reserve on interest rate hikes is reducing sheen for the yellow metal. The US dollar index is hovering at fresh two decade peaks of 113.60, having hit 114 levels earlier in […]