Latest Updates Around The World
A sharp rise in GIFT Nifty paved the way for a strong opening on Dalal Street on Tuesday after India and the US announced a long-awaited trade deal, allaying tariff concerns that had weighed on Indian markets for months. GIFT Nifty rose nearly 800 points before easing a bit, signaling a broad-based relief rally. The […]
JK Tire & Industries announced the completion of the merger of Cavendish Industries Ltd on Tuesday. (Cavendish), its subsidiary with JK Tire & Industries Ltd.Cavendish was acquired by JK Tire from Kesoram Industries in 2016. Cavendish mainly had the production capacity of truck/bus radial tires, truck/bus bias tires and 2/3 wheeler tires. At the time […]
The near-term outlook for Nifty has turned cautiously positive, supported by improving technical signals, a recovery in the rupee and a resumption of buying by foreign investors. While resistance around 26,000 points remains crucial, a decisive breakout could pave the way for further upside potential, although periodic consolidations or volatility cannot be ruled out.RUCHIT JAIN […]
JK Tire and Industries is gearing up to invest another Rs 5,000 crore over the next five to six years to expand its manufacturing capacity, including some specialty lines for export markets, said Chairman and Managing Director Raghupati Singhania. The company, which on Monday introduced India’s first on-board smart tires for passenger cars, is currently […]
