Business
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Hyundai remitting IPO proceeds weighs on rupee
Outflows caused by Hyundai Motor routing funds to its parent in South Korea after the IPO also put pressure on…
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Hyundai India to list today, runaway gains unlikely
As of Monday evening, the unofficial grey market premium (GMP) – the price over the IPO price in the unofficial…
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Equity MFs Sahi Hai say investors, nearly double inflows to Rs 4.3 lakh crore
Net inflows into equity-oriented schemes rose 95% to ₹4.3 lakh crore in September 2024 from ₹2.21 lakh crore a year…
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Weak Q2, concerns over asset quality drag private banks
Kotak Mahindra Bank dived 4.7% and RBL Bank plunged 13.8%. HDFC Bank shares advanced 2.6%, emerging as sole gainer in…
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Finance minister Nirmala Sitharaman calls on US investors to tap opportunities in India
Finance minister Nirmala Sitharaman urged US pension funds and institutional investors to invest in India. At a roundtable in New…
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Gold, silver hit all-time high on Diwali demand
Gold prices reached a new high of Rs 80,650 per 10 grams in the national capital. Silver also rose significantly…
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Rupee closes at record low of 84.0725 against US dollar on outflows, strong dollar index
The Indian rupee hit a record low of 84.0725 against the US dollar, driven by outflows from local equities and…
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Stable trend in financials crucial for Godavari Biorefineries
Godavari Biorefineries aims to raise Rs 555 crore through an IPO scheduled for October 23-25, 2024. The funds will be…
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Balu Forge Q2 Results: Ashish Kacholia portfolio company delivers 107% YoY jump in PAT
Balu Forge Industries reported a 107% YoY rise in consolidated net profit for Q2FY25 to Rs 48 crore, driven by…
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Karnataka’s GSDP at 10.2% outperforms national average of 8.2%, says CM, dismisses NSE projection
Karnataka’s GSDP growth rate of 10.2% in FY 2023-24 outperformed the national average of 8.2%, amid challenges like drought and…
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