On the domestic equity market front, the 30-share BSE Sensex climbed 226.69 points or 0.31% to 73,170.37 in early trade. The NSE Nifty advanced 89.05 points or 0.45 to 22,236.95.
This infusion of funds provides Ambuja, capital flexibility for fast-tracked growth, capital management initiatives and best-in-class balance sheet strength.
At the interbank foreign exchange market, the local unit opened at 83.51 and finally settled at 83.57 (provisional), registering a loss of 14 paise from its previous close
There is pressure from the rest of the world, including the US, on Israel to desist from escalating matters with Iran. At the same time, there was pressure from within Israel to respond to the attack by Iran, he pointed out, while referring to reports in Israeli media.
The government ruled out possibility of allowing sugar exports in the current 2023-24 season ending October, the industry’s persistent demand notwithstanding
Israel- Iran conflict | Global maritime industry faces challenges due to Middle East tensions, impacting supply chains and shipping routes, experts warn.
Automobile exports from India declined 5.5% in FY24 due to the monetary crisis in various overseas markets, according to the latest data shared by industry body SIAM.
Digital transformation services and product engineering solutions provider EPAM Systems is upbeat on its India operations and its contributions as an increasing number of clients as well as leading firms chose to set up global capability centres and move their business functions to the country.
Telecom operator Vodafone Idea on April 12 said its board has approved a Follow-on Public Offering (FPO) of equity shares of up to ₹18,000 crore. The company also disclosed that approval for anchor investor offers will be granted on April 16.
Sam Bankman-Fried, facing the prospect of spending much of his adult life behind bars, on April 11 appealed his conviction and 25-year prison sentence for stealing $8 billion from customers of the now-bankrupt FTX cryptocurrency exchange he founded.