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CAIT files petition before CCI to block Amazon’s deal to acquire 100 pc shareholding in Cloudtail

New Delhi, Jan 14 (PTI) Domestic traders' body CAIT on Friday said it has filed a petition before the Competition Commission of India (CCI) to block the transaction that has been entered into by Amazon where they will acquire 100 per cent shareholding in Cloudtail. The petition provides evidence to show Cloudtail charges less fees/ [...]

Rupee slumps 25 paise to 74.15 per US dollar

Mumbai, Jan 14 (PTI) Snapping its five-day winning run, the rupee on Friday slumped 25 paise to close at 74.15 against the US dollar, in line with other emerging market currencies as hawkish comments by Federal Reserve officials weighed on sentiment. At the interbank foreign exchange market, the local currency witnessed an intra-day high of [...]

LumiraDx Lab Analysis Confirms its COVID-19 Antigen Test Detects the Omicron Variant

Results from ongoing testing and monitoring of COVID-19 variants shows the rapid microfluidic test detects Omicron at a comparable sensitivity to other variants LONDON, Jan. 14, 2022 /PRNewswire/ -- LumiraDx (Nasdaq: LMDX), a next-generation point of care diagnostics company, today announced that results from ongoing testing and monitoring of COVID-19 variants show its SARS-CoV-2 Antigen [...]

Bring Home Havells Geysers on the Lowest EMIs Starting Rs. 866 on the Bajaj Finserv EMI Store

Pune, Maharashtra, India (NewsVoir) The Bajaj Finserv EMI Store has recently announced exciting deals and offers on Havells geysers. India’s ‘EMI only’ shopping destination lets customers purchase their preferred Havells geyser in convenient monthly instalments. Additionally, shoppers can purchase Havells geysers on EMIs as low as Rs. 866 per month and get up to Rs. [...]

HCL Tech acquires Hungary’s Starschema for USD 42.5 mn

New Delhi, Jan 14 (PTI) IT services major HCL Technologies on Friday said it will acquire Hungarian firm Starschema for USD 42.5 million (about Rs 315 crore). HCL Technologies has signed a definitive pact for the acquisition of Budapest-based Starschema, which provides data engineering services, according to a regulatory filing. The strategic acquisition will bolster [...]

BULLION CLOSING

MUMBAI, JAN 14 (PTI) MUMBAI BULLION :- OPENING CLOSING SILVER SPOT (IN RS PER KILO) : 61828.00 61859.00 STANDARD GOLD (99.5) : 48017.00 47942.00 PURE GOLD (99.9) : 48210.00 48135.00 ------------------- PTI MUM SVC SVC SVC

Benchmarks snap 5-session rally as bulls take a breather

Mumbai, Jan 14 (PTI) The Sensex and Nifty broke their five-day rising streak to close with slim losses on Friday, weighed by negative global cues and foreign fund outflows. In a largely subdued session, the 30-share BSE Sensex ended 12.27 points or 0.02 per cent lower at 61,223.03. Similarly, the NSE Nifty slipped 2.05 points [...]

Business briefs

*SAIL's former CMD Anil Chaudhary joins Primus Partners as Advisor           New Delhi, Jan 14 (PTI) Advisory firm Primus Partners has roped in former CMD of SAIL Anil Kumar Chaudhary as its advisor.         "A widely acknowledged industry leader, Anil Kumar Chaudhary has joined us as an advisor to support our growth journey and [...]

230- km Kargil-Zanskar highway to become all-weather road as NHIDCL begins work

Leh, Jan 14 (PTI) The 230-kilometre-long Kargil-Zanskar national highway will become an all-weather road as the National Highways and Infrastructure Development Corp Ltd has begun work for its up-gradation and widening, officials said. This is the second continuous year that the Kargil-Zanskar highway has been operational during the winter season. This was revealed at a high-level [...]
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