News Overview

The Reserve Bank on Tuesday said it will launch the first pilot for retail digital rupee (e&8377;-R) on December 1, 2022, in which four banks including SBI and ICICI Bank will initially participate. On November 1, the RBI had launched the first pilot in the digital rupee – wholesale segment. Announcing the operationalisation of Central Bank Digital Currency – Retail (e&8377;-R) Pilot, the RBI said […]

Business Wire India Over 6.97 million sq. ft of space leased to startups in H1 2022 Gross leasing for startups jumped from 17% in 2021 to 28% in H1 2022 Delhi NCR witnessed leasing go up from 0.80 million sq. ft in 2021 to 1.96 million sq. ft in H1 2022 Bengaluru continues to be the leader in startup leasing activity ​ Startups are fuelling […]

RIL, HDFC Bank and Infosys were the top traded contracts.

Eurozone Economic Sentiment Indicator (ESI) rose from 92.7 to 93.7 in November, the first increase since February. Industrial confidence dropped from -1.2 to -2.0. Services confidence rose from 2.1 to 2.3. Consumer confidence rose from -27.5 to -23.9. Retail trade confidence was unchanged at -6.7. Construction confidence dropped from 2.6 to 2.3. Employment Expectation Indicator rose from 105.4 to 107.4. Economic Uncertainty Indicator dropped from […]

Krishna Institute of Medical Sciences has made a further investment by acquiring an additional equity stake of 7.79% in Arunodaya Hospitals , its subsidiary on 28 November 2022. Consequently, the Company now holds 65.62% of the total paid-up Equity Share capital of Arunodaya Hospitals. Powered by Capital Market – Live News

Aditya Birla Sun Life AMC (ABSLAMC) has been granted approval by IFSCA on 28 November 2022 to act as ?Registered Fund Management Entity (NonRetail)? and carry out Alternative Investment Fund (AIF) and Portfolio Management Services (PMS) through a branch office in International Financial Services Centre (IFSC) in India. ABSLAMCs move to set up a new unit at the Gujarat International Finance Tec-City (GIFT City) is […]

The Reserve Bank of India (RBI) announced that it will launch the first pilot for retail digital Rupee (e&8377;-R) on 1 December 2022. The pilot will cover select locations in closed user group (CUG) comprising participating customers and merchants. The e&8377;-R would be in the form of a digital token that represents legal tender. It would be issued in the same denominations that paper currency […]

Nifty FMCG index closed up 1.87% at 45078.55 today. The index is up 3.00% over last one month. Among the constituents, Dabur India Ltd gained 6.18%, Emami Ltd jumped 6.15% and Hindustan Unilever Ltd rose 4.32%. The Nifty FMCG index is up 21.00% over last one year compared to the 9.17% surge in benchmark Nifty 50 index. In other indices, Nifty Metal index added 1.03% […]

ICICI Bank has allotted 551,227 equity shares of face value of 2 each on 29 November 2022 under the Employee Stock Option Scheme (ESOS). Powered by Capital Market – Live News

The headline equity indices ended with decent gains on Tuesday, extending gains for the sixth trading session. The Sensex and the Nifty hit record high levels. The Nifty closed above the 18,600 level. FMCG, metal and pharma stocks were in demand while realty, auto and oil & gas shares declined. As per provisional closing data, the barometer index, the S&P BSE Sensex, gained 177.04 points […]