The Indian rupee experienced significant volatility in June, largely driven by the impact of elections, Foreign Portfolio Investor (FPI) outflows, and a rise in oil prices, which collectively strengthened the US dollar against the rupee, according to a report by Bank of Baroda.
Foreign portfolio investors (FPIs) have returned to the Indian equity markets, with a net investment of Rs 2,743 crore on Friday. Despite this positive development, the overall net investment by FPIs remains negative.
Mumbai (Maharashtra) [India], June 15: Durlax Top Surface Limited, specializing in manufacturing solid surface materials, has announced its plan to go public with an Initial Public Offering (IPO) on June 19, 2024. The company is aiming to raise Rs40.80 Crores at the upper band through this I
Bajaj Housing Finance has filed its Draft Red Herring Prospectus (DRHP) with capital markets regulator SEBI to raise 7,000 crore via fresh issue and offer for sale.
New Delhi [India], June 14: The semiconductor industry is at the heart of modern technology, powering everything from smartphones to electric vehicles. With the increasing demand for advanced electronics and the ongoing digital transformation, semiconductor stocks have become a focal point f
Mumbai (Maharashtra) [India], June 13: India is rapidly becoming the epicenter of the global nutraceutical market. Transitioning from a latent player a decade ago to a leading market for nutraceutical ingredients and finished products, India is now attracting significant attention from innov
New Delhi [India], June 13: Minati, a leading digital currency platform revolutionizing finance through DeFi, AI, and blockchain, is excited to announce the successful burning of 2 million tokens from its circulating supply. This strategic move marks a significant milestone in Minati's commi
Kasauli (Himachal Pradesh) [India], June 12: Nestled amidst the picturesque hills of Kasauli, Ananta Resorts & Spa emerges as a beacon of luxury and financial promise. With an opportunity to invest, Ananta beckons discerning investors to embrace a unique opportunity to own a piece of par
Italy, which has invited Prime Minister Narendra Modi for the G7 Summit Outreach Sessions, is India's fourth largest trading partner in the European Union, 18th largest foreign investor with bilateral relations upgraded to the level of 'Strategic Partnership' with focus on defence, Indo-P
Mumbai (Maharashtra) [India], June 12: SBICAP Ventures Limited (SVL) is pleased to announce the appointment of Prem Prabhakar as the new Managing Director and Chief Executive Officer, effective 4th June 2024. In his new role, Prabhakar will be responsible for overseeing the strategic directi
Kamath posted, "Equity investors @zerodhaonline have realized a profit of Rs 50,000 crores over the last 4+ years and are sitting on unrealized profits of Rs 1,00,000 crores on an AUM of Rs 4,50,000 crores. By the way, most of the AUM was added in the last four years."