NEW DELHI: Shares of Reliance Industries were in heavy demand on Friday, climbing over 2 per cent, adding Rs 41,860.54 crore to its market valuation. The stock of the country’s most valued firm went up 2.18 per cent to settle at Rs 2,914.75 on the BSE. During the day, shares of the company jumped 3.40 […]
The post Reliance Industries Shares Climb All Time High first appeared on Latest India news, analysis and reports on IPA Newspack.
NEW DELHI: Capital markets regulator Sebi on Friday proposed revamping the nominations framework in a bid to reduce unclaimed assets in the securities market as well as smoothen the process for claiming the assets by surviving successors of the deceased investors. The regulator proposed revisions to nomination facilities for securities such as shares, bonds, units […]
The post SEBI Mulls Revamping Nominations Framework first appeared on Latest India news, analysis and reports on IPA Newspack.
NEW DELHI: Shares of state-owned HUDCO zoomed 20 per cent higher on Thursday after Finance Minister Nirmala Sitharaman announced building 2 crore more houses for the rural poor in the next five years. These 2 crore houses will be built under the PM Awas Yojana (Grameen). The stock surged 19.99 per cent to close at […]
The post HUDCO Stock Zooms 20 Per Cent first appeared on Latest India news, analysis and reports on IPA Newspack.
NEW DELHI: The total number of applications filed by investors to the Investor Education and Protection Fund Authority (IEPFA) for claiming their unpaid dividends in the current financial year is likely to cross 45,000, up 18% on year, official sources privy to the matter told FE. Till December-end, the number of applications (IEPF Form 5) […]
The post Unpaid Dividend Claims May Top 45,000 In FY24 first appeared on Latest India news, analysis and reports on IPA Newspack.
The U.S. Securities and Exchange Commission’s (SEC) approval of the launch of 11 bitcoin exchange-traded funds (BTC ETFs) surged in bitcoin trading volumes. On the first day of the launch of trading in spot bitcoin ETF units, about 700,000 transactions were made, and the trading volume reached $4.33 billion. Half of this volume, or $2.1 billion, came from Grayscale’s bitcoin ETF, and another $1 billion came from […]
NEW DELHI: The government has halved the amount of equity infusion in state-owned fuel retailers to Rs 15,000 crore for supporting their investments in energy transition projects, the finance ministry has said. Finance Minister Nirmala Sitharaman had on February 1 last year while presenting the annual Budget for 2023-24 fiscal (April 2023 to March 2024) […]
The post Govt Halves Budget Support To Oil Firms, Defers Filling Strategic Reserves first appeared on Latest India news, analysis and reports on IPA Newspack.
Alain Ducasse at Morpheus is featured in list debut as Jade Dragon sustains title as Macau’s only three diamond Chinese restaurant MACAU SAR – Media OutReach Newswire – 25 January 2024 – Melco Resorts & Entertainment has attained a collective total of five diamonds from Black Pearl Restaurant Guide 2024. The honor goes to Melco’s iconic French fine dining restaurant, Alain Ducasse at Morpheus, alongside the Company’s […]
By Sushil Kutty The Indian National Developmental Inclusive Alliance (INDIA) to defeat the BJP has run into choppy seas, losing its cohesive hold and threatening to return to the previously splintered status of the Opposition. Cracks have developed and the INDIA bloc cannot agree on seat-sharing formulas. Common enemy BJP is gung ho watching INDIA […]
The post INDIA Bloc Must Convene An Emergency Meeting To Sort Out Differences first appeared on Latest India news, analysis and reports on IPA Newspack.
Blending in a Lush Garden-Themed Concept with Rewards, Performances and Giveaways for a Unique Shopping Experience. KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 25 January 2024 – This Chinese New Year season, Avenue K Shopping Mall launches its ‘Eden of Opulence’, a nature retreat concept campaign from 19th January to 25th February 2024. Enveloped in a garden-themed setting, the mall flourishes with greenish galore and celebratory […]
MUMBAI: India pipped Hong Kong to become the fourth-largest equity market in the world based on Monday’s market capitalisation driven by consistent selling pressure on Chinese stocks as earnings prospects eroded. India’s total market capitalisation rose to $4.33 trillion after a gain of more than $130 billion so far in 2024 while market value of […]
The post India Tops Hong Kong To Become Fourth Largest In Market-Cap first appeared on Latest India news, analysis and reports on IPA Newspack.
NEW DELHI: The government may go slow on sale of any extra stake in Life Insurance Corporation (LIC) and wait for investors who participated in the state-run insurer’s initial public offer (IPO) to book a decent capital appreciation. It feels that an appropriately timed follow-on offer is crucial for keeping investor interests in the stock […]
The post No Fresh Stake Sale In LIC In Near Future; Eyeing Larger Investor Pool first appeared on Latest India news, analysis and reports on IPA Newspack.
Promoting Transformation of Trading Technology R&D and Service HONG KONG SAR – Media OutReach Newswire – 23 January 2024 – International Genius Company (“IGC” or the “Company”, together with its subsidiaries, the “Group”; stock code: 0033.HK) is pleased to announce that, on 22 Jan 2024 (after trading hours), Gold Collection Enterprises Limited (the “Purchaser“, a wholly-owned subsidiary of the Company), the Company and Dr. Ye Guanhua (the […]
HONG KONG SAR – Media OutReach Newswire – 23 January 2024 – In a time where children are facing various challenges, Hong Kong Committee for UNICEF (UNICEF HK) is delighted to announce that ARTOX GROUP has joined us to address the critical needs of vulnerable children globally. ARTOX GROUP, in collaboration with renowned artist Mr Doodle and Pearl Lam Galleries, has generously donated HK$780,000 to UNICEF HK, […]
Arabian Post Staff Saudi Tadawul Group Holding Company (STG), a diversified capital markets group in the MENA region, has entered into a binding agreement with the shareholders of DME Holdings Limited to acquire a 32.6% stake in Dubai Mercantile Exchange (DME). As a result, Saudi Tadawul Group will become the joint largest shareholder in DME Holdings Limited alongside CME Group, with other shareholders including the Oman Investment […]
MUMBAI: Benchmark Sensex nosedived 1,628 points or 2.23 per cent on Wednesday, marking its biggest single-day slide in more than one-and-a-half years following an intense sell-off in banking, metal and oil shares triggered by weak global trends. The 30-share BSE Sensex plunged 1,628.01 points or 2.23 per cent to settle at 71,500.76 with 24 of […]
The post Stock Markets In Free-Fall: Sensex Tanks 1,628 Points On Sharp Losses In Banking, Oil Shares first appeared on Latest India news, analysis and reports on IPA Newspack.
MUMBAI: A precipitous decline in shares of HDFC Bank, the most heavyweight component of the Nifty and the Sensex, on Wednesday, triggered the worst day for the domestic markets in nearly a year and a half. The Sensex closed at 71,501, shedding 1,628 points or 2.2 per cent, marking the most significant decline since June […]
The post HDFC Bank Slide Triggers Worst Day For Market In Last 18 Months first appeared on Latest India news, analysis and reports on IPA Newspack.
Microsoft overtook Apple as the world’s most valuable company on Thursday after the iPhone maker’s shares made a weak start to 2024 due to growing concerns over demand. Shares of Redmond, Washington-based Microsoft were last up 1.6%, giving it a market valuation of $2.875 trillion as its early lead in the race to make money […]
The post Microsoft Overtakes Apple As World’s Most Valuable Company first appeared on Latest India news, analysis and reports on IPA Newspack.
MUMBAI: In a measure that could bring relief to promoters of startups, the Securities and Exchange Board of India (Sebi) is in favour of relaxing the rules on the minimum promoters’ contribution at the time of an initial public offering (IPO). As startup founders typically dilute their stakes in the course of fundraises, they are […]
The post SEBI Proposes Easier Rules For Startup Listings first appeared on Latest India news, analysis and reports on IPA Newspack.
The Backbase Engagement Banking Platform will enable Danske Bank to provide its customers with the best digital customer experience and the latest innovative solution AMSTERDAM, NETHERLANDS – Media OutReach Newswire – 12 January 2024 – Backbase, the global leader in Engagement Banking, has made an agreement with Danske Bank, a leading Nordic bank based in Copenhagen, Denmark. This agreement provides Danske Bank with access to Backbase’s Engagement […]
US regulators for the first time approved exchange-traded funds that invest directly in Bitcoin, a move heralded as a landmark event for the roughly $1.7 trillion digital-asset sector that will broaden access to the largest cryptocurrency on Wall Street and beyond. The Securities and Exchange Commission, whose three-part mandate includes investor protection, authorized funds from […]
The post US SEC Authorises Direct Bitcoin-Spot ETFs, Revolutionising Crypto Investments first appeared on Latest India news, analysis and reports on IPA Newspack.
By Arun Srivastava Air dashing of the Enforcement Director Rahul Navin just around midnight on the fourth day of the attack on the team of his sleuths investigating alleged ration distribution scam in West Bengal is not only meant to boost the morale of his men; instead it has got multiple dimensions. If he was […]
The post ED To Adopt More Vindictive Posture In TMC-Ruled West Bengal first appeared on Latest India news, analysis and reports on IPA Newspack.
NEW DELHI: Rationalising the capital gains tax structure, stability in tax rates, and liberalising exemption from the angel tax provisions for strategic foreign direct investment (FDI) are among the key demands of India Inc from the upcoming Interim Budget. According to a document titled ‘EY’s point of view on Budget’, the industry also wants the […]
The post India Inc Seeks Tax Reforms, R&D Incentives In Upcoming Interim Budget: EY first appeared on Latest India news, analysis and reports on IPA Newspack.
SINGAPORE – Media OutReach Newswire – 8 January 2024 – KPMG in Singapore (KPMG) and the Singapore Business Federation (SBF) are pleased to announce our joint Budget 2024 Proposal, designed to secure enduring prosperity for Singapore amid growing global uncertainties. 2024 AREAS OF FOCUS FOR SINGAPORE In 2024, Singapore is poised to cement its regional authority in innovation and climate change advocacy. To succeed, the nation must […]
MUMBAI: Benchmark stock indices Sensex and Nifty closed higher for a second straight day on Friday, following gains in IT, tech and capital goods shares amid fresh foreign capital inflows. After slipping briefly during the late afternoon trade, the 30-share BSE Sensex made a quick recovery and jumped 178.58 points or 0.25 per cent to […]
The post Markets Extend Gains On Foreign Fund Inflows first appeared on Latest India news, analysis and reports on IPA Newspack.
