The FinTech Hub
Source: Live Mint Aditya Birla Group-owned UltraTech Cement’s board of directors on Tuesday, February 25, announced that the company has approved the demerger of Kesoram Industries Limited and a ₹1,800-crore capex investment, according to an exchange filing. The cement maker’s board has agreed to issue one equity share of ₹10 each for every 52 equity…
Source: Live Mint The Indian stock market traded lower on Friday, with both the benchmark indices Sensex and Nifty 50 falling over half a percent each, dragged by profit booking after a sharp rally in the previous session. Selling was seen in IT, pharma, private banks and auto stocks, while metals, PSU banks and realty…
Source: Live Mint Indian stock market indices, Sensex and Nifty 50, have been hitting record highs led by positive momentum in the global equities that gathered pace after the US Federal Reserve’s outsized interest rate cut last week. On Thursday, the Sensex hit a fresh record high of 85,930.43 before closing 666.25 points, or 0.78%,…
