New Delhi, Jan 17 (PTI) Following are the top business stories at 2015 hours: DEL50 BIZ-LD-STOCKS Sensex, Nifty advance on gains in auto, energy stocks Mumbai: Benchmark indices Sensex and Nifty edged higher on Monday following gains in IT, energy and auto stocks amid a firm trend in European markets.
DEL52 BIZ-LD-RUPEE Rupee falls by 10 paise to 74.25 on high dollar demand Mumbai: The rupee declined by 10 paise to close at 74.25 against the US currency on Monday, declining for the second straight day due to high dollar demand and forex outflows.
DEL55 WEF-2NDLD CHINA-XI Joint efforts only way to fight pandemic; blame game will delay our response: Xi Jinping New Delhi/Davos: Chinese President Xi Jinping on Monday called for joint efforts to overcome the COVID-19 pandemic while ensuring fair distribution of vaccines and expedited inoculation across the world, even as he warned against any blame game and the Cold War mentality in an apparent reference to the US.
DEL58 WEF-COVID-EXPERTS Unlikely that people will move around with masks on forever: Fauci on ‘new normal’ New Delhi/Davos: Warning that the COVID-19 pandemic is far from over and Omicron would not be the last variant, global health experts on Monday said a lot would depend on transmissibility and severity of the next mutants of the deadly virus.
DEL1 WEF-OXFAM-WEALTH Wealth of India’s 10 richest enough to fund school, higher education of every child for 25 years: Study New Delhi/Davos: Indian billionaires saw their combined fortunes more than double during the COVID-19 pandemic, and their count shot up by 39 per cent to 142, while the wealth of the ten richest is enough to fund school and higher education of children in the country for 25 years, a new study showed on Monday.
DEL45 BIZ-GOLD-PRICE Gold rallies Rs 176 on global cues New Delhi: Gold prices rose by Rs 176 to Rs 47,881 per 10 grams in the national capital on Monday in line with gains in the precious metal in the global markets and a weaker rupee, according to HDFC Securities.
DCM22 BIZ-RESULTS-ULTRATECH CEMENT UltraTech Q3 profit up 7.9% at Rs 1,710.14 cr, net sales rise 5.9% New Delhi: Aditya Birla group firm UltraTech Cement Ltd on Monday reported a 7.92 increase in its consolidated net profit to Rs 1,710.14 crore in the third quarter ended December 2021 as trade sales were impacted and overall cement demand remained subdued during the period.
DCM26 BIZ-PWC-CEO SURVEY India’s economy set to improve over next 12 months: PwC Annual Global CEO Survey New Delhi: India’s economic growth is all set to improve over the next 12 months despite the coronavirus pandemic-related problems and global headwinds, says the PwC Annual Global CEO Survey.
DCM31 BIZ-SEBI-PREFERENTIAL Sebi overhauls preferential allotment rules New Delhi: Capital markets regulator Sebi has relaxed pricing norms and lock-in requirements to make it easier for companies to raise funds through preferential allotment of shares.
DCM61 BIZ-PETROL-SALES Petrol, diesel sales fall in Jan as Omicron spreads New Delhi: India’s petrol and diesel sales fell in the first fortnight of January as the third wave of the pandemic starts to bite the economy as reflected in dip in workplace mobility and airline traffic.
DCM60 BIZ-BSE-MCAP Mcap of BSE-listed companies jumps to all-time high of over Rs 280 lakh cr New Delhi: Market capitalisation of BSE-listed companies jumped to an all-time high of over Rs 280 lakh crore on Monday as benchmark indices bounced back after taking a breather in the previous trade. PTI RUJ RUJ
