PNB Housing Finance -Shares crashing 17% after discharge from MD & CEO, Girish Kougi

Shares of PNB Housing Finance refueled on Friday with 16.9% to touch an intraday layer of RS 819.25 each on the BSE after the company had announced the resignation of his director and chief executive officer, Girish Kougi. According to an exchange request, Kougi offered his resignation through a letter of 30 July to pursue […]

SENSEX is falling more than 150 points, handy below 24,750 while Trump rates keep investors informed

Indian Benchmark -Indices Sesex and Nifty50 opened lower on Friday when the US imposed steep rates on various trading partners and confirmed a reconfirmation of an import obligation of 25% from India. Around 9:20 am the BSE Sesex had fallen with 175 points, or 0.22%, at 81,010, while the Nifty50 43 points, or 0.17%, dropped […]

Oil stable as concern about the tariff effects that fight with the threats of the Russian delivery

Oil prices were not changed on Friday much after falling more than 1% in the previous session, because traders digested the impact of new higher American rates that could limit economic activity and reduce the worldwide growth of fuel demand. Brent raw futures rose 4 cents, or 0.06%, up to $ 71.74 per barrel with […]

Foreign outsourcing, weak macros signals to keep investors sharp

Mumbai: Indian benchmark -Indices finished lower on Thursday after swinging between winnings and losses, while investors weighed the impact of the unexpected announcement of US President Donald Trump, who imposed 25% rates for Indian export to the US from 1 August. NSE’s Nifty fell 86.7 points, or 0.35%, to close to 24,768.35. BSE’s Sesex fell […]

In anticipation of the market: 10 things that will decide on Friday on Friday

The Indian market ended in red on Thursday, but cut steeper early losses, while investors interpreted the proposed 25% rate and non -specific fines of the US, which came into force on 1 August, as a negotiating location instead of a definitive policy shift. The BSE Sensex throws 296.28 points, or 0.36%, to close to […]

RIL announces AGM date, sets out on August 14 as a record date for dividend

Mukesh Ambani-conducted Reliance Industries (RIL) will hold its 48th annual General Meeting (AGM) on 29 August at 2 p.m. The company also set 14 August as the record date to determine the suitability of investors for the final dividend for FY25. On April 25, the company’s board had recommended a dividend of RS 5.50 per […]

Gold’s demand in India falls by 10% in Q2, because high prices affect jewelry

India’s gold demand in the quarter of June fell by 10% from a year ago to 134.9 tons, according to the World Gold Council (WGC), as a rising price of the yellow with metal tempered jewelry purchases. Leading jewelery chains, including Reliance Retail, also marked a decrease in demand. This is what the WGC, the […]

AM/NS India Q1 Sales DIP 6%, EBITDA drops 16% yoj, QoQ rises

AM/NS India, a joint venture between global steel makers ArcelorMittal and Nippon Steel, reported nearly 6% on the year decrease in turnover at $ 1.49 billion in the quarter of June, while the profit before interest, tax, depreciation and amortisation (EBITDA) fell by 15.6% per year per year Successfully, sales grew by almost 3%, while […]