The overall market capitalisation of the 10 Adani Group companies stood at over Rs 10.6 lakh crore at the end of trading on Tuesday on the BSE, up Rs 10,501.26 crore over an m-cap of around Rs 10.1 lakh crore on the previous year, stock exchange data showed.
Netweb Technologies’ IPO aims to raise 631 crore with fresh equity of Rs 206 crore and an offer for the sale (OFS) of 8.5 million shares, which amounts to Rs 425 crore at the higher end of the price band.
A 19 per cent surge in the country’s net direct tax collection also supported domestic equities to make new highs on Friday, said Siddhartha Khemka, Head – Retail Research, Motilal Oswal Financial Services Ltd
While the pace of mobilization of funds through equity-oriented mutual fund schemes in the first seven months of 2023 has been steady, redemption from equity-oriented schemes has increased in the April-July period.
Total sales of HUL at Rs 14,931 crore grew by 7 per cent during the quarter as against Rs 14,016 crore a year ago
He said the current account deficit (CAD) is expected to be modest and comfortably financed. A look at what he said on a range of issues:
This will be the first instance of exchange trading of natural gas in its liquefied or super-cooled form.
Moody’s Investors Service has affirmed India’s long-term local and foreign-currency sovereign ratings and retained the outlook at stable, it said in a statement on Friday.
India’s total Russian oil imports fell 23.4 per cent month-on-month in August to 1.47 million barrels per day (bpd). Barring January, when cumulative Russian oil imports of Indian refiners stood at 1.27 million bpd, August volumes were the lowest this year.
Amidst a downward revision of the medium-term growth potential for 10 emerging economies, the Fitch report says that India’s labour productivity forecast is higher.