Iran has issued a strong warning to the United States, saying it could halt oil exports through the Strait of Hormuz and other parts of the Persian Gulf if Washington continues its economic pressure campaign against Tehran.
Shares of Vishal Mega Mart surged nearly 10 per cent in early trading on Monday, August 24, after the company announced the reappointment of Gunender Kapur as Managing Director and Chief Executive Officer for another five-year term.
Tata Group-owned Indian Hotels Company Ltd (IHCL), the operator of the Taj hospitality brand, has announced an all-stock merger with associate company Oriental Hotels Ltd (OHL).
India’s capital markets regulator, the Securities and Exchange Board of India (SEBI), has reportedly rejected settlement applications filed by 13 overseas investment funds in connection with a long-running investigation.
The ₹1,757-crore Symbiotec Pharmalab IPO opened for subscription on Monday, August 24, and will remain open until Thursday, August 27. The pharmaceutical company has fixed the IPO price band at ₹938 to ₹988 per share.
Britain’s economic recovery is entering a complicated new phase. On one side, productivity growth, business investment and equity-market performance are showing signs of renewed strength. On the other, unemployment is rising.
Gold prices extended their strength in early trade on Monday, August 24, after the US Treasury announced higher-than-expected buybacks of long-term government bonds.
The Indian rupee strengthened marginally against the US dollar in early trade on Monday, August 24, as weakness in the greenback offered some support to the domestic currency. However, the gains remained limited as elevated crude oil prices.
Horizon Industrial Parks share price: Horizon Industrial Parks made a muted debut on the Indian stock exchanges on Monday, August 24, with the shares listing almost at their IPO price.