The company has completed the said transaction at a price of Rs81 per share, aggregating to Rs81 lakh.
SEBI, the capital markets regulator, has allowed mutual funds to engage in foreign equities again, as long as they stay below the $7 billion limit set for the sector.
At the monetary policy meeting, the Reserve Bank of Australia raised its key interest rate by a bigger-than-expected 50 basis points to 0.85 percent from 0.35 percent, which was the biggest hike since 2000, and vowed to withdraw the monetary support to bring inflation back to the target. This was the second consecutive rate hike after lifting a quarter-point in May.Powered by Commodity Insights
NIIT will provide customers with a full variety of learning services to help them streamline their regulatory activities utilizing Veeva Vault RIM under the terms of the agreement.
The headline equity indices marched higher in the afternoon trade, tracking positive global cues. The Nifty hovered above the 15,650 mark. Buying was wide spread. PSU banks, consumer durables and media shares rallied. Shares surged on value buying after a recent steep correction. At 13:25 IST, the barometer index, the S&P BSE Sensex, was up 1,108.98 points or 2.15% to 52,706.82. The Nifty 50 index […]
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Natural Gas futures slumped today as markets eyed reports stating major consuming nations trying to reduce consumption following the Russia-Ukraine war. Germany must reduce natural gas consumption and increase the burning of coal in order to help fill gas storage facilities for next winter, German Economy Minister Robert Habeck announced Sunday as the country moves away from reduced Russian gas supplies, according to media reports. […]
Engineers India rose 1.51% to Rs 57.15 after the company designated Sanjay Jindal, director (finance), as chief financial officer of the company in place of Vartika Shukla, C&MD and additional charge director (technical) with immediate effect.
Eureka Forbes on Monday announced that its board accepted the resignation of Marzin R. Shroff as the managing director and chief executive officer (CEO).

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