Jumbo Finance pays Rs 44.2 lakh to settle case with Sebi
Jumbo Finance Ltd on Wednesday settled with Sebi a case on violation of regulatory norms in respect of equity shares issued by the company on a preferential basis after paying…
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Rupee opens lower, may depreciate more on strong dollar, persistent FII outflows; USDINR to trade sideways
The Indian rupee opened lower at 81.59 per dollar on Tuesday against the previous close of 81.50. The local unit is likely to depreciate today amid a strong dollar and…
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Rupee falls 20 paise to 81.37 against US dollar
The rupee fell 20 paise to close as 81.37 against the US dollar on Monday amid rise in crude prices and unabated foreign fund outflow. However, strong sentiment at domestic…
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Crude oil rebounds as China demand recovery optimism supports prices
Crude oil prices rebounded on Wednesday as demand recovery hopes in top importer China following its exit from COVID-19 pandemic curbs provided support after prices dropped in the previous session…
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Nathdwara Rajasthan Assembly Constituency Election 2023: Date of Result, Voting, Counting; Candidates
As anticipation mounts for the upcoming Nathdwara Constituency Election in Rajasthan, voters are eagerly awaiting the big battle that kicks off with the announcement of key dates by the Election…
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Secondary sales by PE, VCs halve in 2022 to $4.6 bn
Riding on a rise in public offerings and direct sales, secondary sales by financial sponsors have been steadily rising since 2019 and recorded $4.6 billion in calendar year 2022 (CY22).…
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Coal India, Britannia, ACC, Godrej Consumer Products, RailTel, auto stocks in focus on Budget 2023 day
Benchmark indices are likely to open with gains on Wednesday, hinted SGX Nifty. Ahead of Union Budget 2023 presentation, Nifty futures traded 130 pts higher at 17882 levels. “Now all…
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Asian stocks rise to 7-month highs, hot inflation boosts Australian dollar
Asian equities extended their winning run to scale their highest levels in seven months on Wednesday, with South Korean stocks leading the way, and the Australian dollar hit multi-month highs…
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Budget 2023: Govt pegs market borrowing at Rs 15.4 trillion in FY24
The central government has pegged the gross borrowing at Rs 15.4 trillion to fund its fiscal deficit of 5.9% for FY24, finance minister Nirmala Sitharaman said in her Budget speech.…
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JPMorgan upgrades India to ‘overweight’ on higher government spend
JPMorgan Chase & Co has raised its bet on Indian equities, upgrading its stance to “overweight”, since there will be higher government spending in the run-up to the 2024 Lok…
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