After tomatoes, onion prices hit the sky in UP
Lucknow, Nov 1 (SocialNews.XYZ) After tomatoes, it is now onions that are burning a hole in the pockets of consumers in the festive season. The prices of onions in the retail market have doubled in…
Market
Dissent by institutional shareholders comes down
New Delhi, Oct 31 (SocialNews.XYZ) Shareholder resolutions in Nifty-50 companies where more than 20 per cent of institutional shareholders expressed their dissent by casting a negative vote decreased by 30 per cent to 44 in…
AEML to supply power to Mumbai SEEPZ at low prices from Nov 1
Mumbai, Oct 31 (SocialNews.XYZ) The Adani Electricity Mumbai Ltd (AEML) has won a bid to supply power at competitive prices to the SEZ, Santacruz Electronic Export Processing Zone (SEEPZ) in Mumbai, starting November1, officials said…
Gujarat Finance Minister to spearhead Vibrant Gujarat roadshow in Chennai
Ahmedabad, Oct 31 (SocialNews.XYZ) Gujarat Finance Minister Kanu Desai will lead a roadshow in Chennai on November 2. The event is part of a series of promotional roadshows for the 10th edition of the Vibrant…
Nifty declined by 2.8% in October
New Delhi, Oct 31 (SocialNews.XYZ) For October 2023, Nifty declined by 2.8 per cent, impacted by Israel-Hamas conflict, rising crude oil prices and spike in US bond yields, said Siddhartha Khemka, Head – Retail Research,…
Nifty encountering resistance at higher levels
New Delhi, Oct 31 (SocialNews.XYZ) Indian bourses started the last day of October at a critical zone of 19,200-19,250 and in the morning trade itself, the index erased all its gains to remain rangebound, Aditya…
Working smart is important, not 70 hours: Tamara Leisure CEO Shruti Shibulal
Chennai, Oct 31 (SocialNews.XYZ) Hospitality major Tamara Leisure Experiences Private Ltd owning and running hotels, resorts in India and Germany is looking at expansion through management contracts, said Shruti Shibulal, Director and Chief Executive Officer,…
GAIL posts 70% increase in q1 net profit at 2,405 crore
New Delhi: Government-owned natural gas giant GAIL (India) on Tuesday reported a 70 per cent jump in net profit to Rs 2,405 crore for the July-Sept quarter of the current financial compared to the RS…
Public shareholders of Butterfly Gandhimathi vote against merger with Crompton Greaves Consumer Electricals
New Delhi, Oct 31 (SocialNews.XYZ) Further to the voting results on the merger of Crompton Greaves Consumer Electricals Ltd (Crompton) and Butterfly Gandhimathi Appliances Ltd (Butterfly), both the entities will continue to operate as separate…
Indian Oil net profit shoots up to Rs 12,967 crore in q2
New Delhi, Oct 31 (SocialNews.XYZ) Indian Oil Corporation posted a net profit of Rs 12,967.3 crore for the July-September quarter of the current financial year compared to a loss of Rs 272 crore in the…
Global gold demand plunges, India bucks trend with double digit growth
New Delhi, Oct 31 (SocialNews.XYZ) The global demand for gold fell by 6 per cent to 1,147.5 tonnes during the third quarter of 2023 amid slowing demand for bars and coins and reduced buying from…
Markets climbing wall of worry
New Delhi, Oct 31 (SocialNews.XYZ) Buy on dips is the strategy that has worked well in this highly volatile market. In spite of multiple crises, risks and uncertainties, the market has been bouncing back smartly…
El Al to stop flying over Saudi Arabia, Oman on flights to Asia
Tel Aviv, Oct 30 (SocialNews.XYZ) According to several Hebrew media reports, Israeli flag carrier El Al has decided to stop flying over Saudi Arabia and Oman on its flights to Southeast Asia, significantly lengthening their…
Petronet LNG board gives go-ahead for petrochemical plant in Gujarat
New Delhi, Oct 30 (SocialNews.XYZ) The Petronet LNG board on Monday gave the go-ahead for a Rs 20,685 crore investment plan to set up a petrochemical plant at Dahej in Gujarat, where the company has…
DLF clocks 31% jump in q2 net profit at Rs 623 crore
New Delhi, Oct 30 (SocialNews.XYZ) Real estate major DLF Ltd on Monday reported a 31 per cent jump in consolidated net profit to Rs 623 crore in the July-September quarter of the current financial year…
Oil prices fall again as Israel-Hamas conflict deepens
London, Oct 30 (SocialNews.XYZ) Oil prices on Monday fell again as there are fears that Israel’s move to expand its military operations in Gaza can lead to a regional conflict which can adversely affect the…
Nifty ends higher for second consecutive day
Mumbai, Oct 30 (SocialNews.XYZ) Nifty ended higher for the second consecutive session on Monday. At close, Nifty was up 0.49 per cent or 93.7 points at 19140.9. Volumes on the NSE were the lowest since…
Short term support, but stability still some time away
New Delhi, Oct 29 (SocialNews.XYZ) Markets have a mind of their own and they do give advance indication and warning if they plan to do the unexpected. Last week we saw markets take a severe…
Market sentiment remains cautious amid West Asia crisis
New Delhi, Oct 29 (SocialNews.XYZ) In the short-term, market sentiment remains cautious with investors closely monitoring developments in West Asia, upcoming corporate earnings, and key economic data, including domestic PMI figures to be announced, says…
Reliance Retail delivers strong performance with Rs 77,148 cr gross revenue for Q2 FY24
Mumbai, Oct 27 (SocialNews.XYZ) Reliance Retail delivered strong performance with gross revenue recorded at Rs 77,148 crore for Q2 FY24, a growth of 18.8 per cent Y-o-Y led by well-rounded growth across consumption baskets. Grocery…