News Overview

Reliance Brands has signed a definitive agreement to invest (either by itself and / or through its affiliates) in Indias foremost Couturiers Abu Jani Sandeep Khosla (AJSK) for a 51% majority stake. The strategic partnership is aimed at accelerating the 35-year-old couture houses growth plans in India and across the globe. Powered by Capital Market – Live News

To provide real-time rate intelligence to boost hotel performance

The Board has approved the allotment of 13,00, 989 equity shares of the Company of face value of Rs.2/- each at a premium of Rs.20.26/- per share to Desai.

The company has plans to utilize the right issue proceeds for working capital requirement & other corporate general business purposes.

The company has incorporated a wholly owned subsidiary by the name Century Ports in Kolkata on 20 April 2022.

This facility is a state-of-the art automated manufacturing unit with the highest standards of sustainability.

The US National Association of Realtors released a report on Wednesday showing existing home sales saw further downside in the month of March. NAR said existing home sales slumped by 2.7 percent to an annual rate of 5.77 million in March after plunging by 8.6 percent to a downwardly revised rate of 5.93 million in February. With the continued decrease, existing home sales continued to […]

Net Profit Margins improved following debt repayments made by the company.

The Indian Rupee bounded as a drop in crude oil worked in favor of the INR. The INR gained 29 paise to 76.21 per US dollar. The benchmark indices closed with major gains on Wednesday, breaching five-day losing streak. The barometers had fallen nearly 5% in five trading sessions since 8 April 2022. Auto, oil & gas and IT scrips boosted the market while bank […]

The US Energy Information Administration reported a crude oil inventory draw of 8 million barrels for the week to April 15. This compared with an inventory increase of 9.4 million barrels for the previous week. At 413.7 million barrels, the EIA said, inventories were 15 percent below the five-year average for this time of the year. The EIA reported an inventory draw of 800,000 barrels […]