Piramal Enterprises: The company announced its decision to merge with its unlisted subsidiary Piramal Capital & Housing Finance, thus avoiding a mandatory public share sale by the unlisted arm. The merger is expected to be completed in nine to 12 months. Bank of Baroda: The RBI lifted restrictions on Bank […]
Market
Asian markets traded mixed while the US stock market also ended on a mixed note overnight amid lack of fresh triggers. Gains in US dollar and treasury yields weighed on the equities. On Wednesday, the Indian stock market benchmark indices ended choppy session on a flat note amid cautious market […]
Gold prices on Wednesday saw a slight decline thanks to a strong dollar exerting pressure on prices. Investors remained cautious, awaiting US data to glean insights into potential rate cuts by the Federal Reserve. At 1335 GMT, spot gold experienced a slight decline of 0.19 per cent, reaching $2,309.29 per […]
Oil prices edged higher on Wednesday after U.S. oil storage data showed a larger-than-expected draw in crude stockpiles as refiners ramped up output ahead of the summer driving season. Brent crude oil futures increased 52 cents, or 0.63%, to $83.68 a barrel by 12:00 p.m. EDT (1600 GMT). U.S. West […]
Canadian e-commerce platform Shopify Inc’s stock tumbled more than 21 per cent in morning session in New York on Wednesday after announcing financial results. At 11:55 a.m. EDT on Wednesday, Shopify Inc shares were at $62.40, down 19.01 per cent on the New York Stock Exchange (NYSE). The company posted […]
Ahead of the auspicious Akshaya Tritiya, silver is shining bright among other precious metals in the commodity market and is likely to outperform gold in the longer period, according to domestic brokerage house Motilal Oswal Financial Services Limited. According to recent data, gold and silver have experienced notable year-to-date (YTD) […]
Housing finance company Aadhar Housing Finance initial public offerings (IPO) opened for subscription on May 8 and will close on May 10. The Blackstone-backed company’s IPO was subscribed 0.32 times. Approximately 50 percent of the shares have been set aside for Qualified Institutional Buyers (QIB), while 35 percent is designated […]
The company provides digitally-driven commercialization services to the life sciences sector, encompassing drug development, clinical trials, regulatory filings, pharmacovigilance, complaints management, and product sales and marketing. This sector includes biopharmaceutical, emerging biotech, and medical device companies. Also read: Indegene IPO day 3: GMP, subscription status, review, other details. Apply or […]
US stock indices edged lower on Wednesday as Treasury yields rebounded on worries about the Federal Reserve’s monetary easing plans. At 09:38 a.m. ET, the Dow Jones Industrial Average fell 7.11 points, or 0.02 per cent, to 38,877.15, the S&P 500 lost 16.17 points, or 0.31 per cent, to 5,171.53 and […]
Bajaj Consumer Care Ltd on Wednesday reported a 12 per cent decline in consolidated net profit to ₹35.58 crore for the fourth quarter ended March 2024. Milestone Alert! Livemint tops charts as the fastest growing news website in the world 🌏 Click here to know more. Unlock a world of […]