Dabur India expects a "low to mid single- digit revenue growth" for the quarter ended December 2022 on account of the challenging macroeconomic environment and muted category growth during the period. However, the homegrown FMCG major said inflation started to cool off during the quarter and as a result, gross margins would be marginally better [...]
Telecom operator Bharti Airtel on Friday announced the launch of its 5G services in Hissar and Rohtak, expanding the reach of the new age hi-speed network in Haryana. Airtel's 5G services are already live in Gurugram and Panipat. "Hissar and Rohtak gets ultrafast Airtel 5G Plus services in addition to Gurugram and Panipat," the company [...]
Islamabad, Jan 6 (PTI) Prime Minister Shehbaz Sharif has made a telephonic call to International Monetary Fund chief Kristalina Georgieva to break the deadlock over the release of the next tranche of assistance for cash-strapped Pakistan, according to a media report on Friday. The contact was made four days before an expected face-to-face meeting between [...]
Market regulator, the Securities and Exchange Board of India (SEBI) gave a nod to reclassify the government’s holding in IDBI bank as ‘public’, after the divestment. Following the news, the bank’s shares shot up 9.04% by 12:00 PM on Friday’s trades to reach a high of ₹ 59.70 apiece on the National Stock Exchange (NSE) [...]
The shares of Kewal Kiran Clothing Limited gained approximately 2 percent and were trading at Rs 522 levels in the early hours of the last trading day of the week. The stock was in focus after the company announced that it has entered into a strategic partnership with the Board of Control for Cricket in [...]
Stock Market learning platform, Fingrad, has launched a new course on Stock Market Investing Masterclass for Beginners to teach the basics of stock market investing. The course is created by Kritesh Abhishek, founder of Trade Brains, and aims to teach Stock Investing fundamentals for beginners from scratch, taking the students from the very beginning of [...]
The shares of Jagran Prakashan Ltd zoomed 11.04% on Friday to reach a fresh 52-week high of 84.00 apiece on the National Stock Exchange (NSE). Its shares were trading at ₹ 79.85 apiece at 11:40 AM. With a market capitalization of ₹ 1988 crores, Jagran Prakashan Ltd is a media conglomerate with a presence across [...]
The shares of Rama Steel Tubes Limited hit an upper circuit of 10 percent at Rs 38.15 levels in the early hours of Friday. They rallied on the record date for the bonus issue approved by the board of directors earlier. The company approved a bonus issue of shares in the ratio of 4:1 which [...]
After facing a setback at NCLAT, which refused to stay a CCI order on abuse of dominant position in multiple markets in the Android mobile device ecosystem case, Google is mulling approaching the Supreme Court, according to sources. When contacted, Google declined to comment on the matter. While Google remained tightlipped about its next move, [...]
RBI Governor Shaktikanta Das on Friday said the government and the central bank are in discussion with South Asian countries to have cross-border trade in rupee. He also said the central bank digital currency (CBDC) is in trial phase and the RBI is moving very carefully and cautiously on digital rupee launch. After the successful [...]
