As gold prices have soared over 50% this year, shoppers are swapping their old jewellery for new pieces instead of investing more funds, turning the festive season into a gold exchange bonanza.According to executives cited by ET, the share of gold exchanges in total sales reached a record level. Tanishq, owned by Tata, expects exchanges…
Docon Technologies, one of the promoters of Thyrocare, on Friday divested a 10% stake in the medical diagnostics chain for Rs 667 crore through an open market transaction. After the stake sale, Docon Technologies’ holding in Thyrocare has declined to 61%. Source link
China and the United States kicked off their latest round of trade talks in Malaysia on Saturday, as the world’s two largest economies attempt to prevent further escalation of a costly tariff dispute. “The Chinese and US delegations convened on Saturday morning for talks on economic and trade issues,” official Xinhua news agency reported, as…
The acquistion will help Tritax expand its urban and small-box logistics offerings in the UK’s South East and the Midlands. Mumbai: The US-based Blackstone Group has acquired a majority stake in Mumbai-based Ace Insurance Brokers for about $400 million, valuing the company at $425-450 million. The deal is the largest foreign investment in India’s insurance…
sebi identify iex insider trading Mumbai: Sebi has banned 13 entities from the market for between one and three years, and also put a combined monetary penalty of nearly Rs 1.1 crore for front running trades of three large entities. In Dec 2024, six entities, related to these 13 had settled their case with Sebi…
MUMBAI: India’s foreign exchange reserves rose in the week ended Oct 17, driven by an increase in the value of gold holdings. There was a decline in foreign currency assets, the RBI said. Total reserves increased by $4.5 billion to $702.3 billion. In the previous week, they had risen by $2.2 billion to $698 billion….
The Bharat International Rice Conference (BIRC) 2025 is set to be held at Bharat Mandapam, Delhi, on October 30-31, in partnership with the Department of Commerce, Ministry of Commerce and Industry. Organised by the Indian Rice Exporters’ Federation (IREF) in collaboration with APEDA, the event aims to position India as a global hub for rice…
With Nifty hovering close to record highs and investor sentiment remaining upbeat, the primary market is set for a new phase, where five major companies are preparing to raise nearly Rs 35,000 crore through IPOs over the next two months.The lineup features some of the country’s most prominent consumer and fintech brands—Lenskart, Groww, Pine Labs,…
The United States on Friday launched an investigation into China’s adherence to the ‘Phase One trade’ deal signed in 2020.Under the deal, China had pledged to increase purchases of US products and services by hundreds of billions of dollars over 2020 and 2021. However, the targets were not met, largely due to the Covid-19 pandemic.The…