News Overview

Express parcel revenue grew 7% YoY to Rs 1,298 Crore, while shipment volumes rose 3% YoY to 185 million

Top gainers in Nifty include M&M, Trent, Tech Mahindra, Tata Motors. Top losers in Nifty include SBI life Insurance, HDFC Life, Bajaj Finserv, Shriram Finance.

Bharti, which owns India's second largest telecom business, Airtel, is now the dominant stakeholder.

On October 24, the company’s Board of Directors approved the first interim dividend of ₹2.50 on each share having a face value of ₹10.

Havells India delivered a 7.7% year-on-year (YoY) net profit rise for the quarter ended September to ₹268.2 Crore.

The ₹10,000 crore sized public offer has constituted fresh issues of as many as 92.59 crore shares within a price band of ₹102-108 per share.

For bonds and loans denominated in dollars, the Secured Overnight Financing Rate (SOFR) has emerged as a crucial benchmark.

Regulations require companies that offer online bond platforms to be registered as stock brokers in a stock exchange's debt section.

In the National Stock Exchange, shares of Hero MotoCorp is currently trading at ₹4786 which is a 1.12% gain than the previous close.

After dropping 0.4% overnight, the dollar index added 0.04% to 106.26, while sterling held steady at $1.2676.