Latest Stock Market News

Purplle raises $60 million from Premji Invest

Updated at : 2021-11-20 09:20:01

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Founded in 2012 by Manish Taneja and Rahul Dash, Purplle has seven million monthly active users. The beauty etailer sells over 1,000 brands with nearly 50,000 products on its website and app.

Laurus Labs to buy 26% in CAR T-cell therapy company

Updated at : 2021-11-20 09:20:01

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Founded in 2018 by Dr Rahul Purwar and a team of scientists, ImmunoACT is collaborating with institutions like Tata Memorial Hospital. Carl June, one of the pioneers in T-Cell therapies for treatment of cancer, is a member of its scientific advisory board.

RIL withdraws NCLT application for O2C hiveoff

Updated at : 2021-11-20 09:20:01

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RIL said the company will continue to be Saudi Aramco’s preferred partner for investments in the private sector in India and will collaborate with Saudi Aramco and SABIC for investments in Saudi Arabia.

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Sundaram Asset Management Company on Friday said it has received Sebi nod to acquire Principal Asset Management Company in India.

DME has obtained a letter of comfort from the NHAI for the proposed bond sale. The borrower is likely to hold an investor meeting in Delhi soon. It is a triple-A rated entity.

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The Dow Jones Industrial Average rose 8.14 points, or 0.02%, at the open to 35,879.09.

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Dividends slumped last year against the backdrop of the COVID-19 pandemic and as regulatory constraints and government pressures to restrict payments weighed.

European stocks slide as lockdown worries resurface

Updated at : 2021-11-19 18:20:01

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The ECB is due to decide on the future of its bond-purchase programmes at its Dec. 16 policy meeting.

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The Bank of England is widely expected to raise rates later this year and the Federal Reserve is winding down its bond-buying programme.

Global inflationary pressures present a suitable time for REITs to outperform bonds and stocks.

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