Foreign institutional investors (FIIs) who converted total retailers last month poured $ 7.3 billion into Indian markets in March quarterly, data from Motilal Oswal showed, while local institutional investors recorded a $ 3.2 billion outflow. FIIs increased the figure to more than 60 percent of Nifty-50 companies in QoQ, while DIIs reduced participation to 62 …
The Abu Dhabi Securities Exchange (ADX) said on Saturday they would reduce their trading commissions to 0.025% from 0.05% from September 1, the second exchange commission cut this year and the third in three years. Both ADX and Dubai Financial Market (DFM), in separate statements, also said they would increase trading hours by one hour …
Trading commission halved in Abu Dhabi, second cut this year Read More »
Apple Inc is refusing to testify at the upcoming U.S. Senate conference on competition issues related to mobile app stores, leaders of both sides of the team said on Friday. App makers have long accused the Apple Store of iPhones and iPads, as well as the Google Play Store for Android devices, of engaging in …
American senators criticize Apple for not testifying on issues of concern Read More »
The public offering of Devyani International, KFC operator and Pizza Hut for fast food services, is now 3.74 times higher as it has received 42.14 crore equity bids compared to the IPO size of 11.25 crore shares, trade-related data is available for trade. August 5th. Commercial investors continued to exacerbate the IPO madness as the …
Devyani International IPO: KFC, Pizza Hut driver problem written 3.74 times over Day 2 Read More »
Investors of IDFC First Bank Ltd are disappointed with the performance of the June quarter for the June quarter. The bank reported quarterly losses compared to profit expectations due to shortfalls in the major infrastructure loan account.The worst loans for private lenders have risen to 4.61% of its book from 4.15% in the previous quarter. …
IDFC First Bank is annoying investors as infra pain returns for Q1 Read More »
New Delhi: The Indian Institute of Technology (IIT) Delhi will soon establish an Atmospheric Sciences (CAS) center – a space observer – at its Sonipat center. The institute aims to empower researchers to find sustainable solutions to the problems of inclement weather, extreme weather events associated with climate change, severe air pollution. The Space Observatory …
An Atmospheric Observatory to be setup by IIT Delhi in Sonipat Campus Read More »
According to an analysis by CARE Ratings, housing prices have increased by just 1.4% in the first three quarters of FY 2021 compared to a GDP growth of 6.7% at a CAGR of 5.6% in the five-year fixed period. The analysis stated that due to consumer response from demand-side Kovid-19 restrictions and on the supply …
Housing prices rise only 1.4% in first 3 quarters of FY15: report Read More »
The FMCG companies continues to see rising prices in categories such as soaps, edible oils, tea and detergents due to sustained inflation on essential oils such as palm oil, crude tea and copra. Increased packaging costs and crude oil prices, too, add to the pressure. Hindustan Unilever has increased the prices of its brands such …
HUL, Marico prices increses; Will other FMCG companies follow suit? Read More »
The Defense Research and Development Organization (DRDO) has developed a single technology for crystal blades using nickle based superalloy for helicopters.The Defense Research and Development Organization (DRDO) has developed a single crystal blade technology for helicopters and has provided 60 blades to Hindustan Aeronautics Limited (HAL) as part of their helicopter development program for engine …
DRDO develops single crystal blades for helicopter engine application Read More »
A trend that’s been strengthened during the pandemic is the decision to forgo the frenetic pace of runway calendar shows.The pandemic has torn a multibillion-dollar bite out of the fabric of Europe’s fashion industry, stopped runway shows and forced brands to show their designs digitally instead. Answers vary. Some think the Fashion Week format, in …
Fashion industry evolves, as virus forces a rethink. Read More »
