Sensex, Nifty climb in early trade on firm global market trends

Sensex, Nifty climb in early trade on firm global market trends

Wednesday, 24 April 2024 | PTI | Mumbai

Equity benchmark indices Sensex and Nifty climbed in early trade on Wednesday, taking their winning momentum to the fourth day running, amid a rally in global markets. The 30-share BSE Sensex climbed 242.49 points to 73,980.94 in early trade. The NSE Nifty advanced 63 points to 22,431. From the Sensex basket, Tata...

India leads in GenAI adoption, says report

Wednesday, 24 April 2024 | PTI | New Delhi

India leads globally in adopting GenAI technologies as a vast percentage of organisations incorporate GenAI in operations, and a majority of the populace expects increased investments and budget allocations towards Gen AI in the next 2-3 years, according to a recent report. Search analytics firm Elastic on Monday released the Generative...

Markets climb for 3rd day on firm global cues

Wednesday, 24 April 2024 | PTI | New Delhi

Equity benchmark indices Sensex and Nifty closed higher for the third session in a row on Tuesday, following gains in telecom, tech and consumer durable shares amid a firm trend in the global markets. After rallying over 400 points, the 30-share BSE Sensex ended 89.83 points or 0.12 per cent higher...

Public sector banks don't have power to issue Look Out Circulars against defaulters: HC

Public sector banks don't have power to issue Look Out Circulars against defaulters: HC

Tuesday, 23 April 2024 | PTI | Mumbai

The Bombay High Court on Tuesday ruled that public sector banks do not have the power in law to issue Look Out Circulars (LOCs) against default borrowers. The HC's verdict would render all LOCs issued by such banks against defaulters as quashed. A division bench of Justices Gautam Patel and Madhav Jamdar...

Vodafone Idea approves offer price of Rs 11 per equity share for Rs 18,000 cr-FPO

Vodafone Idea approves offer price of Rs 11 per equity share for Rs 18,000 cr-FPO

Tuesday, 23 April 2024 | PTI | New Delhi

Telecom operator Vodafone Idea's (VIL) board has fixed the FPO offer price at Rs 11 per equity share, according to a regulatory filing. The anchor investor offer price of Rs 11 per equity share has also been greenlit by the board. "... Following resolutions were also passed... Determined and approved the offer...

Jio Financial shares climb 4 pc; hit 52-week high level post Q4 earnings

Jio Financial shares climb 4 pc; hit 52-week high level post Q4 earnings

Monday, 22 April 2024 | PTI | New Delhi

Shares of Jio Financial Services Ltd on Monday climbed 4 per cent to hit the 52-week high level after the company reported a 6 per cent increase in consolidated net profit for the fourth quarter ended March 2024. The stock jumped 4 per cent to Rs 385 -- its 52-week high...

Sensex climbs 640 points; Nifty tops 22,300-level in early trade

Sensex climbs 640 points; Nifty tops 22,300-level in early trade

Monday, 22 April 2024 | PTI | Mumbai

Equity benchmark indices Sensex and Nifty climbed in early trade on Monday amid a rally in Asian markets, decline in Brent crude oil prices and buying by foreign investors. Extending its previous day's rebound, the 30-share BSE Sensex climbed 639.85 points to 73,728.18 in early trade. The NSE Nifty went up...

SRM College of Pharmacy, Scitus Pharma enter pact to promote expertise, innovation

SRM College of Pharmacy, Scitus Pharma enter pact to promote expertise, innovation

Monday, 22 April 2024 | PNS | KATTANKULATHUR

SRM College of Pharmacy,  has signed a Memorandum of Understanding with Scitus Pharma Services, among the pioneers of speed and quality in clinical research, and a leading contract research firm based out of Chennai. The MoU will pave the way for SRM College of Pharmacy (SRMCP), a part of SRM Institute...

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