News Overview

Nuvama Wealth debuted on the public exchanges in September of last year, following its spinoff from Edelweiss Financial Services.

L&T won a good verdict from the Central Excise & Service Tax Appellate Tribunal in Ahmedabad, overturning a ₹702 Crore customs tax demand.

The commissioning of this project brings Adani Green's total operational renewable production capacity to 11,434 MW.

This is a noteworthy development because it is the first fossil fuel-based thermal power plant to be commissioned in India this fiscal year.

Telenor Denmark, the second-largest mobile operator in Denmark, serves more than 1.6 million subscribers and has been working with TCS for the last six years to modernize its IT infrastructure.

The 36.5% yoy growth in mutual fund folios in November 2024 is proof of the retail spread of mutual funds in India

Mutual fund AUM at ͅ₹68.08 Trillion was 1.22% higher in November; but inflows were relatively tepid

The warranty would be three years on the provided electric vehicle panels. Delivery for the EV panels is due within 60 days from the contract date.

While the euro remained stable ahead of the European Central Bank's (ECB) monetary policy announcement later in the day.

According to CME's FedWatch Tool, traders estimate a 98.6% chance of a 25 basis point drop at the Fed's meeting on December 17–18.