Latest Stock Market News

Infosys leases 5 lakh square feet in Bengaluru

Updated at : 2022-08-24 09:30:01

Rate this item

(1 Vote)

"The software major will be paying a rental of around ₹51 per sq ft. The lease term has a five-year lock-in period with a 15-year lease," said three people aware of the deal.

Endurance Technologies, Sakthi Sugars, Pritika Auto Industries, Response Informatics, CNI Research and Howard Hotels will have their annual general meetings (AGM) today. The board of Bharat Gears will meet today to consider the bonus issue. Also, the board of Pressure Sensitive Systems (India) will meet to consider a stock split.

Rate this item

(1 Vote)

Several technology entrepreneurs and angel investors have been facing challenges in acquiring stakes in foreign fintech companies because until now only non-banking financial companies (NBFCs) registered with the Reserve Bank of India (RBI) were allowed to invest in foreign companies involved in financial services.

Silver imports may touch pre-covid levels this year

Updated at : 2022-08-24 08:40:01

Rate this item

(1 Vote)

In July alone, India imported a record 1,700 tonnes of silver, while in 2021, in the first seven months silver imports were a meagre 110 tonnes, said Chirag Sheth, principal consultant, South Asia, Metals Focus.

Rate this item

(1 Vote)

State-run refiners source about 60% of their crude oil requirement through term deals, renewed annually, mainly with West Asian national oil companies. The balance is sourced from the spot market, and this year cheap Russian oil has gained a big share in Indian spot purchases.

Payment aggregators to approach RBI seeking relief

Updated at : 2022-08-24 08:40:01

Rate this item

(1 Vote)

The aggregators and their lobby group Fintech Association for Consumer Empowerment (FACE) are seeking a relaxation of these norms, which jeopardise the business model, according to them.

Rate this item

(1 Vote)

Business activity in the euro zone contracted for a second straight month in August as the cost of living crisis forced consumers to cut spending while supply constraints also hurt manufacturers, a survey showed.

According to bulk deal data available with BSE, Dunearn Investments (Mauritius) Pte Ltd offloaded 2,63,29,516 shares, amounting to a 2.18 per cent stake in the company.The shares were sold at an average price of Rs 183.11 apiece, taking the transaction value to Rs 482 crore.

"NDTV founders and the company would like to make it clear that this exercise of rights by VCPL was executed without any input from, conversation with, or consent of the NDTV founders, who, like NDTV, have been made aware of this exercise of rights only today," NDTV said in a regulatory filing.

5 largecaps MFs bought & sold in July

Updated at : 2022-08-23 21:20:01

Rate this item

(1 Vote)

>> For more such web stories click on the ET icon below

Warning! Information Posting in this website is only for educational purpose. We are not responsible for losses incurred in Trading based on this information.