The Enforcement Directorate (ED) on Tuesday conducted searches at seven locations across Chhattisgarh as part of a money-laundering investigation linked to alleged irregularities in the Chhattisgarh Public Service Commission (CGPSC) recruitment process.
Shares of Milky Mist Dairy Food rallied sharply in Tuesday's trading session after the dairy and value-added food company reported a substantial improvement in its first-quarter financial performance.
Shares of ITC and Happiest Minds Technologies moved sharply in opposite directions during Tuesday's trading session after ITC Infotech announced a proposed strategic combination with Happiest Minds.
Stock Opens at ₹75 Against IPO Price of ₹53 Despite GMP Indicating ₹88; 244x Subscription Highlights Exceptional Investor Demand
India’s newly introduced stock-market closing auction is facing an important test as sharp price movements continue despite a substantial increase in trading activity.
Shares of Skyways Air Services made a disappointing debut on the stock exchanges on Tuesday, September 1, despite the logistics and freight-forwarding company receiving overwhelming demand during its initial public offering.
Shares of Symbiotec Pharmalab made a muted debut on the stock exchanges on Tuesday, September 1, with the stock listing close to its IPO price despite exceptionally strong demand during the public issue.
The rupee opened at 95.06 per US dollar at the interbank foreign exchange market and subsequently strengthened to 94.96.
According to Motilal Oswal Financial Services (MOFSL), the current recovery is different from earlier periods when NBFC earnings were largely supported by provision reversals and lower-than-expected credit costs.