SAMIL Utsav, a one-of-its-kind phygital auction was celebrated by conducting 100+ Auctions in 100 cities across India • Over 14,500 vehicles & other assets were displayed for the auctions with over 30,000 customer footfalls registering from over 100 cities • Phygital (Physical plus Digital) Auctions facility empowered both buyers & sellers across India • Biggest [...]
New Delhi, Mar 3 (PTI) Consumer food company LT Foods on Thursday announced the acquisition of a 51 per cent stake in the US-based Golden Star Trading Inc along with its brand for an undisclosed amount, with a call option to further buy 49 per cent equity at the end of three years. The acquisition has [...]
Mumbai, Mar 3 (PTI) The rupee declined by 14 paise to close at 75.94 against the US dollar on Thursday, pressured by surging crude oil prices amid intensifying conflict between Russia and Ukraine. Persistent foreign capital outflows and subdued domestic equity markets also affected market sentiment, forex dealers said. At the interbank foreign exchange market, [...]
Equity indices relinquished early gains to close in the red for the second straight session on Thursday as surging oil prices amid the ongoing conflict between Russia and Ukraine sapped risk appetite. Crude oil prices ratcheted up towards the USD 120 per barrel mark on fears of supply disruptions as western nations tightened sanctions on [...]
Kolkata, Mar 3 (PTI) Indian Institute of Management (IIM) Calcutta has recorded 100 per cent placement for its 57th batch, with a record average salary of Rs 34.2 lakh per annum, the premier business institute said in a statement. More than 190 firms participated in the final placement process held virtually last week. A total [...]
New Delhi, Mar 3 (PTI) The value of foreign portfolio investors' (FPI) holdings in domestic equities reached USD 654 billion in three months ended December 2021, a drop of nearly 2 per cent from the preceding quarter, according to a Morningstar report. This was largely on the back of a massive sell-off by foreign investors [...]
New Delhi, Mar 3 (PTI) Crude oil prices rose Rs 473 to Rs 8,716 per barrel on Thursday as participants widened their positions on a firm spot demand. On the Multi Commodity Exchange, crude oil for the March delivery traded higher by Rs 473 or 5.74 per cent at Rs 8,716 per [...]
