News Overview

Gold stays propped up near three month highs but edged slightly lower in early Asia tracking strength in the dollar overseas. The dollar index was higher after falling 4% last week, marking its biggest weekly drop since March 2020, after data showing U.S. consumer prices rose less than expected in October and prompted bets for slower hikes. The dollar index, which gauges the greenback against […]

As part of the merger, 73 shares of LTI will be issued to each shareholder of Mindtree for every 100 shares of Mindtree. L&T, the merging entity's parent business, will own 68.73% of it.

Copper continued to hover near five month highs on Tuesday although further gains in the commodity were restricted amid dollar strength overseas following statements from Fed that the banks hiking cycle was far from over, and that stubbornly high inflation warranted much more tightening. Rising interest rates weighed heavily on metals this year. Meanwhile, rising COVID-19 cases in major importer China pointed to more potential […]

Retail inflation in October stands at 6.77%

Larsen & Toubro Infotech (LTI), Mindtree: LTI and Mindtree announced that both Mumbai and Bengaluru Benches of National Company Law Tribunal (NCLT) have approved, via two separate orders, the scheme of amalgamation and arrangement between the two companies and their respective shareholders and creditors. The two companies had announced their intent to merge in May 2022. As part of the merger, all shareholders of Mindtree […]

Crude oil dropped lower in early Asia on Tuesday after the Organization of the Petroleum Exporting Countries (OPEC) cut its 2022 global oil demand growth forecast for a fifth time since April, citing mounting economic challenges including high inflation and rising interest rates. Concerns about the demand outlook in China amid restrictive COVID-19 policy also contributed to putting pressure on prompt month prices, the agency […]

Godrej Properties today announced that it has achieved sales worth Rs 500 crore through the launch of its new project, Godrej Woodsville in Hinjewadi, Pune. The company, till date has sold 675+ homes accounting for an area of over 6.90 lakh square feet for the project launched in September 2022. Powered by Capital Market – Live News

Sales decline 2.89% to Rs 1414.40 crore

Sales decline 42.42% to Rs 0.95 crore

Sales rise 38.17% to Rs 168656.12 crore