Investment Archives - Page 66 of 103

Investment

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...

October 21, 2024 11:50 AM

Indian stock markets start week strong: Nifty and Sensex rally

Indian stock markets started the fresh week with gains as both the indices, Nifty and Sensex, surged on Monday. The Nifty 50 index opened at 24,956.15 points, climbing 0.41% or 102.10 points. Meanwhile, the BSE Sensex surged by 545 points, or 0.67%,...

October 21, 2024 9:07 AM

Finance Minister Nirmala Sitharaman lands in US after concluding Mexico visit

Union Minister of Finance and Corporate Affairs, Nirmala Sitharaman, arrived in the United States and received a warm welcome at Newark Liberty International Airport on Sunday (local time). India's Ambassador to the United States, Vinay Mohan Kwatra...

October 19, 2024 10:00 AM

Nirmala Sitharaman invites Mexican investors to explore opportunities in India’s GIFT-IFSC and Global In-House Capability Centers

Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman, on Saturday invited Mexican investors to explore opportunities in India's Global In-House Capability Centers (GICCs), aircraft leasing, ship leasing, and even foreign university se...

October 18, 2024 11:05 PM

PM Modi to visit Varanasi on Oct 20, lay foundation for 23 projects worth ₹1,300 crore

Prime Minister Narendra Modi will visit Varanasi, his parliamentary constituency, on October 20 to lay the foundation stone for 23 development projects worth ₹1,300 crore. Preparations are in full swing in Varanasi ahead of the Prime Minister’s ...

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