Investment Archives - Page 65 of 102

Investment

October 25, 2024 4:52 PM

Piyush Goyal calls for mutual respect for faster negotiations of India-EU free trade agreement

Union Minister Piyush Goyal emphasized the potential for a deeper strategic partnership between India and the European Union (EU), at the 18th Asia Pacific Conference of German Business on Friday in New Delhi. He advocated for mutual respect and und...

October 24, 2024 10:39 AM

Stock market opens flat with marginal decline

The stock market opened on a flat note on Thursday, with both the Sensex and Nifty experiencing minor losses at the start of the trading session. The Sensex dropped by 84.98 points, opening at 80,166.96, while the Nifty slipped by 15.35 points, begi...

October 23, 2024 5:10 PM

Sensex, Nifty end lower amid continued foreign outflows and lackluster earnings

Indian benchmark indices declined for the third straight session on Wednesday, weighed down by lackluster corporate earnings and sustained foreign outflows. The Nifty dropped 36 points to close at 24,435.50, while the Sensex fell 138 points, ending ...

October 23, 2024 1:12 PM

Tupperware cancels auction, agrees to lender takeover

Bankrupt Tupperware Brands agreed on Tuesday to sell its business to a group of lenders for $23.5 million in cash and over $63 million in debt relief, canceling its plans for an open-market auction of its assets. The food storage and kitchen product...

October 23, 2024 12:15 PM

UAE retail giant Lulu announces $1.8 billion IPO on Abu Dhabi Exchange

Lulu Retail Holdings, the largest pan-GCC retailer, announced plans to list 25% of its shares on the Abu Dhabi Securities Exchange (ADX), in what is set to be one of the region’s most significant retail sector IPOs. The company will offer 2.58 bil...

October 23, 2024 11:45 AM

IMF retains India’s GDP growth at 7%, warns of new global risks

The International Monetary Fund (IMF) on Tuesday maintained its projection for India’s GDP growth at 7% for the current fiscal year ending March 31, 2025. The latest estimates, published in the IMF’s World Economic Outlook (WEO), also forecast In...

October 22, 2024 5:27 PM

Nifty at over 2-month low, Sensex drops 931 points amid broad-based sell-off

Indian equity markets faced heavy selling pressure on Tuesday, as weak global cues and sectoral underperformance weighed down the benchmark indices. The Nifty dropped below the 24,500 mark, reaching its lowest level in more than two months. Sens...

October 22, 2024 5:14 PM

Hyundai Motor India drops 7% on debut after country’s biggest IPO

Hyundai Motor India shares fell 7.2% on their market debut on Tuesday after retail investors gave a lukewarm reception to the country's biggest ever initial public offering (IPO) amid concerns about a lofty valuation and an auto industry slowdown. �...

October 22, 2024 11:48 AM

Sensex, Nifty open flat amid weak global sentiment

The stock market opened on a subdued note on Tuesday, reflecting weak global sentiment and carrying forward the impact of Monday's drop. The benchmark indices saw a marginal rise at the opening, with the Sensex gaining 183.87 points to start at 81,3...

October 21, 2024 5:21 PM

Sensex, Nifty end lower amid profit booking

India's benchmark indices declined on Monday as investors engaged in profit booking. The Sensex fell by 73.48 points, closing at 81,151.27, while the Nifty dropped 72.95 points to settle at 24,781.10. Of the companies listed on the Nifty, only 12 re...

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