BUSINESS
Reliance Maintains Strong Lead in Wizikey’s NewsmakersIndia Ranking
The Wizikey News Score, a metric determined by factors such as news volume, headline presence, publication reach, and readership, positioned Reliance at the pinnacle for the fourth consecutive year.
Government Collects Rs 26,644 Crore in Dividends from CPSEs
Highlighting a trend of escalating dividend payouts, the Ministry noted that CPSEs have consistently surpassed the revised budget estimates in the fiscal years 2020-21, 2021-22, and 2022-23.
Gadkari Envisions India's Road Infrastructure Rivaling the US in the Next Five Years
Over the past nine years, the Ministry of Road Transport and Highways has awarded contracts for projects worth more than Rs 50 lakh crore. Gadkari emphasized the importance of robust infrastructure for attracting domestic and foreign capital investment, alleviating poverty, and generating employment.
Sharp up-move in IT stocks implying faster demand inflection than what Accenture commentary indicates
A soft 2Q guide despite a favourable comp, suggest trend reversal, if any, would be back-ended. In fact, lower end of Accenture’s FY24 organic growth guidance (now slightly below 0-3 per cent) implies no improvement even in 2H.
Valuations in mid & small cap segments are excessive, warn analysts
The steady rise in the US market which has helped the Dow to set a new record high, is exhibiting the same trend.
Air India Express Set to Launch Flights from Ayodhya Airport Starting December 30th
Aloke Singh, Managing Director of Air India Express, expressed excitement about launching operations from Ayodhya immediately after the airport opens.
Report Says Ola Electric and FirstCry Set to Submit Draft IPO Papers Next Week
Moneycontrol revealed that FirstCry aims to raise $500 million, with a significant 60% allocated to the offer for sale (OFS) segment and the remainder earmarked for the primary segment.
RBI Grants Razorpay and Cashfree Final Approval as Payment Aggregators
"Exciting news! Razorpay has obtained the final authorization from the Reserve Bank of India @RBI to function as a Payment Aggregator (PA) as per the Payment Settlements Act, 2007. We're proud to be among the initial Payment Gateways to secure the final PA license from RBI," Razorpay shared on X.
US Economy Caps Off Strong Year as Democrats Enter Festive Season
Wall Street began its celebrations early, igniting the question: will this buoyant momentum persist through the week?
RBI Enforces Stricter Guidelines for Banks and NBFCs' Investments in AIFs
Effective immediately, the RBI demands regulated entities to divest their AIF investments within 30 days if the fund invests in an existing borrower.
Don't Miss
Advertisement