News Overview

SHK witnessed recovery of demand in both, discretionary and non — discretionary items in the emerging markets.

Sustained foreign fund inflows and easing crude oil prices are likely to keep the Indian rupee supported in opening trades on Monday, 10 January 2022. However, rebounding dollar overseas and Omicron worries could restrict gains in the local unit. On Friday, rupee gained 12 paise to close at 74.30 against the US dollar on Friday. At the interbank forex market, the local unit opened at […]

The Bangalore park operations are temporarily shut for the two weekends i.e. January 8 & 9 and 15 &16.

Garment Mantra Lifestyle opened its 14th store in Raipur, Chhattisgarh. The retail expansion is part of the companys 100 store journey at pan-India level entailing an investment of Rs 100 crore. Powered by Capital Market – Live News

The wholly owned arm of Reliance Industries, Reliance Industrial Investments and Holdings has entered into an agreement to acquire the entire issued share capital of Columbus Centre Corporation for an equity consideration of about $98.15 million.

RBL Bank and Google today announced a strategic collaboration to fuel the Banks customer experience strategy and expand its value proposition to serve its rapidly growing customer base through its digital platform, Abacus 2.0. This collaboration will enable better customer data management, and analytics, enabling effective cross-selling within the Banks large customer base and subsequently reducing the cost of customer acquisition, significantly. Through Abacus 2.0, […]

Ucal Fuel Systems has decided to close completely the manufacturing activities at its Plant II situated at A-98-A100-A107, PIPDIC Industrial Estate, Mettupalayam, Puducherry – 605 009 to be effective from 12 March 2022. The company added that the restriction on emission norms imposed by the Government, technological change, and transition of Bharat Stage IV to Bharat Stage VI, and ultimately to Electric Vehicles has resulted […]

TCS: The IT major said its board will consider a share buyback on Wednesday, 12 January 2022. Reliance Industries (RIL): Reliance Industrial Investments and Holdings (RIIHL), a wholly owned subsidiary of RIL entered into an agreement to acquire the entire issued share capital of Columbus Centre Corporation (Cayman), a company incorporated in the Cayman Islands and the indirect owner of a 73.37% stake in Mandarin […]

US non-farm payroll employment rose by 199,000 jobs in December after climbing by an upwardly revised 249,000 jobs in November, according to a closely-watched report released by the Labor Department on Friday. The Labor Department said the increase in employment reflected job growth in the leisure and hospitality, professional and business services, manufacturing, construction, and transportation and warehousing sectors. Meanwhile, the report showed a modest […]

SGX Nifty: Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 70 points at the opening bell. On the political front, the Election Commission on Saturday announced the poll dates and schedule for the upcoming assembly elections in Goa, Punjab, Uttar Pradesh, Uttarakhand, and Manipur. The EC has also issued fresh guidelines for the conduct of elections […]