Share Market

Q3 2022 gold demand shines in India
IANS -
According to the WGC, the gold demand in India was at 191.7 ton (value Rs 85,010 crore) during Q3 2022 as against 168 ton (Rs 71,630 crore) of the corresponding period in 2021. The jewellery demand for the period under review was at 146.2 ton up from 125.1 ton the previous year.
RBI imposes Rs 5 lakh penalty on LIC Housing Finance
IANS -
"This penalty has been imposed in exercise of powers vested in the RBI under the provisions of clause (b) of sub-section (1) of section 52A read with clause (aa) of sub-section (3) of section 49 of the National Housing Bank Act, 1987 (NHB Act)," a statement issued by the RBI said.
Software-as-a-Service firm Icertis raises $150 million to boost contract lifecycle management biz
IANS -
Icertis said that the funds will enable it to further extend the company's leadership position in the Contract Lifecycle Management (CLM) category by accelerating the application of transformational technologies like artificial intelligence, machine learning, and Blockchain to deliver material, unique, and consequential value to customers.
Core sector output grew 7.9% in September
IANS -
According to the index of eight core industries data released on Monday, the production growth of eight infrastructure sectors was 9.6 per cent during April-September period of the current fiscal, compared to 16.9 per cent growth in the corresponding period of last year.
Maruti Suzuki Q2 net at Rs 2,061 crore
IANS -
In a regulatory filing on Friday, the company said it earned total operational revenue of Rs 29,930.8 crore and a net profit of Rs 2,061.5 crore for the quarter ended on September 30. For the previous year's corresponding period, Maruti Suzuki's total operational revenue stood at Rs 20,538.9 crore and a net profit of Rs 475.3 crore.
AWS logs $20.5 bn in net sales in Q3, now at record $82 bn ARR
IANS -
With the ongoing macroeconomic uncertainties, the company saw an uptick in (Amazon Web Services) customers focused on controlling costs. "We're proactively working to help customers cost optimise, just as we've done throughout AWS' history, especially in periods of economic uncertainty
Women-led Kinara Capital raises Rs 200 crore to empower MSMEs in India
IANS -
Existing equity investors Nuveen and the ASN Microkredietfonds advised by Triple Jump also participated in the funding round. With this funding, Kinara Capital aims to grow 5 times by 2025 and reach an asset under management (AUM) of Rs 6,000 crore.
ECB further raises interest rates to cool inflation
IANS -
In the magnitude and pace of monetary tightening, the bank has manifested its determination to tame the persistently high inflation, which is weighing down the economic growth of the euro area, reports Xinhua news agency.
boAt raises Rs 500 cr to expand market share in smartwatches
IANS -
The investment, said the company, will enable it to accelerate its plans to attain leadership in the smartwatches category, scale up its business both within and outside India and further strengthen its R&D and design capabilities.
61% Indians wary of revealing salary to co-workers, friends: LinkedIn
IANS -
Just one in 10 professionals said they would discuss their salaries with coworkers they trust (13 per cent) and peers they trust in other companies (9 per cent). According to LinkedIn's Workforce Confidence Index, India's overall workforce confidence has dwindled slightly.
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