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“I do not like the term China Plus One or Europe Plus One. It makes India look like an appendix to somebody else and that certainly is not acceptable. India has enormous potential in its own right and that is why the plus one is the wrong term in my view.”

The regulator had initiated adjudication proceedings against Iyer and issued a show cause notice to him in April 2022 after finding a violation of mutual fund rules.

The short-term trend of Nifty continues to be negative and there is a possibility of some more weakness in the coming sessions, says Nagaraj Shetti of HDFC Securities

But as global and Indian markets have rebounded, Swiggy has restarted its IPO planning by inviting eight investment banks to make pitches in early September to work on the IPO, including Morgan Stanley, JP Morgan and Bank of America. Swiggy had initially considered raising $800 million to $1 billion via the IPO, banking sources who worked on it in early 2022 have said

From Reliance Industries to Paytm, D-Street has been buzzing with block deals in August

Crompton Greaves shares fall 0.44% as Nifty drops

Updated at : 2023-08-25 18:25:01

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The stock quoted a 52-week high price of Rs 428.8 and a 52-week low of Rs 251.25.

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A total of 3,796 shares changed hands on the counter till 01:09PM (IST)

Analysts recommended investors to subscribe to the issue as the company has a healthy order book and industry tailwinds are expected to benefit in profitability in the coming years

Vi shares jump over 9% on BSE amid fundraise buzz

Updated at : 2023-08-25 18:25:01

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ET reported in its August 25 edition that Vi CEO Akshaya Moondra had informed the Department of Telecommunications (DoT) that the telco has term sheets from several potential investors.

Gold falls Rs 50; silver declines Rs 400

Updated at : 2023-08-25 18:25:01

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"Investors focus now on key speech by Federal Reserve Chair Jerome Powell at Jackson Hole symposium...where he is expected to offer clues on the interest-rate outlook," Saumil Gandhi, senior analyst, commodities at HDFC Securities said

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