Page 123 - Latest News

Mauritius down; Norway, Singapore gain as FPI destinations in FY23

The total assets under custody (AUC) from Mauritius declined nearly 42 per cent to Rs 6.66 trillion at the end of March 2023, from Rs 10.88 trillion a year ago.

Consider 2023 as a year to invest for long term, says Sankaran Naren

Sankaran Naren, executive director and chief investment officer at ICICI Prudential Asset Management Company, in conversation with Puneet Wadhwa

BSE products to get nip-and tuck-treatment under Sundararaman Ramamurthy

Asia's oldest bourse gets battle-ready under new chief

Adani Power commences supply to Bangladesh from Godda plant in Jharkhand

Supply was to start in March. However, Bangladesh Power Development Board had sought relief from rising imported coal prices. Unit will source coal from Adani-owned Carmichael mine in Australia

Home loan rates over Rs 75 lakh to get dearer as risk weight rises again

Risk weight back to pre-pandemic level of 50%

Street Signs: PSU Bank exchange-traded funds, Yum! Brands stocks, and more

Analysts say Yum!'s - which operates Kentucky Fried Chicken (KFC), Taco Bell, and Pizza Hut food chains - performance has improved, driven by aggressive store expansion vis-a-vis other players

Weak demand, excess supply get tile makers walking on eggshells

Although lower gas prices could offer some relief on margins

Govt to ask wellness, health influencers to display qualification

Consumer affairs dept deploys advanced tech to ensure compliance

Unfazed by competition from RIL, expect broad-based growth in FY24: GCPL

Godrej Consumer Products Ltd is unfazed by the prospect of competition from Reliance's entry into the FMCG sector, having seen multiple disruptions

Statsguru: Six charts show higher crude prices tend to push up inflation

The quantity of crude that India imported was 6 per cent lower in 2021-22 at 212 million tonnes compared to 2018-19

Amul expects 20% revenue growth to Rs 66,000 cr in FY24; no rate hike plans

GCMMF, which sells dairy products under the Amul brand, is expecting 20 per cent growth in its revenue this fiscal to around Rs 66,000 crore on rising demand, its MD Jayen Mehta said

Maruti eyes doubling SUV sales in FY24; aims top position with 25% share

The country's largest car maker Maruti Suzuki India aims to more than double its SUV sales this year and take the leadership position in the fast-growing segment with a market share of over 25%

Investments in realty remain strong in Q1 2023, office sector mops up 55%

Inflows into office sector up 41% YoY to $900 mn. Key institutional investors signing strategic deals to boost their presence, expand their office portfolio in India

Want to make India an engineering and manufacturing hub: Legrand Group CEO

He said Legrand is planning to expand in the country, doubling down on investments and hiring about 500 people this year as well as make acquisitions

Daily Covid-19 tests up 84% in a month, just shy of 140,000 mark: ICMR data

Technicians conducting over 60,000 more tests daily than a month ago; slight drop in number of positive cases at 5,357, though daily and weekly positivity rates are still above 3%

Unsold housing stock falls 12% in last 5 yrs to 627,000 units: Anarock

In its latest report, Anarock said unsold housing stocks have declined 12 per cent to 6,26,750 units at the end of January-March this year from 7,13,400 units as of March 31, 2018

LTIMindtree delays onboarding and extends training for assessment

Move will impact 600-700; letter says freshers have no other option but to accept the programme

L&T is lowest bidder for New Delhi station revamp with Rs 8,740 cr offer

Infra major was in the fray with Shapoorji Pallonji for largest station upgrade project; its submission is over Rs 3,000 crore beyond the Centre's estimate

Telangana CM asks officials to immediately open paddy procurement centres

Rao directed the Chief Secretary to hold a video conference with the Collectors of all districts on Monday and take action to make the necessary arrangements

India, US special forces carry out wargames to support fighter aircraft ops

The US Air Force is scheduled to bring in F-15 Strike Eagle fighter jets but there may be some change in the schedule of the drill which was planned to begin on April 10