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Source: Business Standard 2 min read Last Updated : Oct 11 2024 | 5:18 PM IST Life insurance companies have reported 14 per cent year-on-year (Y-o-Y) growth in new business premiums (NBP) in September, aided by healthy growth in premiums of state-owned Life Insurance Corporation of India (LIC) and its private counterparts. According…
Source: Business Standard 3 min read Last Updated : Oct 11 2024 | 5:48 PM IST The Securities and Exchange Board of India (Sebi) has intervened in the matter concerning alleged irregularities by Trafiksol ITS Technologies, which launched a Rs 45-crore initial public offering (IPO) on BSE’s small and medium enterprise (SME) platform last…
Source: Business Standard The RBI had intervened in both the non-deliverable forwards and local spot forex market to help the rupee stay above the psychologically important 84 mark, traders said. 2 min read Last Updated : Oct 11 2024 | 5:26 PM IST India’s foreign exchange reserves fell for the first time in eight…
Source: Business Standard 2 min read Last Updated : Oct 11 2024 | 2:34 PM IST Shares of Hero MotoCorp are seen trading near its 100-DMA (Daily Moving Average) for the last five trading sessions. Thus far, the stock has managed to sustain above its 100-DMA, which stands at Rs 5,455. The 100-DMA is…
Source: Business Standard 4 min read Last Updated : Oct 11 2024 | 4:59 PM IST Motilal Oswal Asset Management Company (MOAMC) on Friday announced the launch of its new fund offer (NFO), the “Motilal Oswal Digital India Fund”. The fund is for investors seeking long-term capital growth by investing predominantly in companies related…
Source: Business Standard Illustration by Binay Sinha 3 min read Last Updated : Oct 11 2024 | 2:52 PM IST Shares of Usha Martin hit a record high of Rs 433.70, as they zoomed 18 per cent on the National Stock Exchange (NSE) in Friday’s intraday trade, after more than 10 per cent equity…
Source: Business Standard Illustration: Binay Sinha 3 min read Last Updated : Oct 11 2024 | 3:55 PM IST Edelweiss Asset Management on Friday launched two funds- the ‘Edelweiss Nifty500 Multicap Momentum Quality 50 Index Fund (Index Fund) and the Edelweiss Nifty500 Multicap Momentum Quality 50 Index Fund ETF (ETF)’. The New Fund…
Source: Business Standard 4 min read Last Updated : Oct 11 2024 | 3:53 PM IST Neuland Laboratories share price hit a new high of Rs 14,500 on the BSE on Friday, surging 16 per cent in the intraday. The shares, however, closed 12.8 per cent higher at Rs 14,100 on the BSE on…
Source: Business Standard Illustration: Binay Sinha 5 min read Last Updated : Oct 11 2024 | 3:21 PM IST WhiteOak Capital Mutual Fund on Friday launched a new thematic fund called ‘WhiteOak Capital ESG Best-in-class Strategy Fund’, an open-ended equity scheme that invests in companies following the Environment, Social and Governance (ESG) theme. …
Source: Business Standard 3 min read Last Updated : Oct 11 2024 | 2:54 PM IST It will be business as usual (BAU) for Tata group stocks post Noel Naval Tata’s appointment as the chair of Tata Trusts’, said analysts. The development, they said, will signal continuity. For the markets, it will be a confidence…
