ICICI Direct has buy call on Minda Industries with a target price of Rs 1050. The current market price of is Rs 952.45. Time period given by analyst is one year when . price can reach defined target.… [+1294 chars]
The rupee fell by 41 paise to close at a fresh lifetime low of 79.36 (provisional) against the US dollar on Tuesday amid a strong greenback overseas and unrelenting foreign fund outflows. At the int… [+1796 chars]
Mahindra’s recent launches starting with the Thar have been quite popular in the Indian market. The latest from the brand – Scorpio-N will soon arrive on the market. Many variants of the Mahindra Sco… [+3414 chars]
SynopsisAfter hitting a 52-week high of Rs 442 in September 2021, the trend went sideways. It bounced back after hitting a low of Rs 274 on 8 March 2022. The stock closed at Rs 368 on 4 July 2022, wh… [+49 chars]
Maruti Suzuki plans to phase out pure-petrol cars – cars that run solely on petrol – in the next 10 years. This was revealed by the automaker’s chief technical officer (CTO) CV Raman, in a recent pre… [+2886 chars]
Amid the deep recession in the property market in China, the real estate companies have now started accepting payments for homes in watermelons and other agricultural produce, Global Times reported. … [+2097 chars]
Singapore-headquartered cryptocurrency lending and trading platform Vauld suspended withdrawals, trading and deposits Monday because of volatile market conditions and financial difficulties, the comp… [+4059 chars]
The company that built India’s digital payments backbone plans to make it cheaper and easier for the nation’s 32 million expatriates to bring their money home. Indians overseas remitted $87 billion … [+3405 chars]
SynopsisIf the purchasing intensity of the local funds continues to sap, it may weigh on the performance of Indian equities. The average daily cash volume on the NSE dropped by 45% to Rs 44,600 cr in… [+66 chars]
Global brokerage and research firm Jefferies analyzed BSE 500 companies for employee cost trends. For FY22, employee costs grew 14% year-on-year (YoY) to 10 trillion, 9 ppt faster than FY21. FY22 emp… [+1904 chars]
Mobility platform Ola is seeking to significantly bring down its costs, a move that could result in 400-500 employees being laid off, amid a delay in listing plans and a tough funding environment, ac… [+4610 chars]
On 1 July, the government imposed a special additional excise duty of 23,250 per tonne on the sale of locally produced crude oil, sending stocks of oil producers tumbling. Here is what prompted the w… [+2897 chars]
