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Rupee traded in a narrow range and volatility remained low following no major cues on the domestic but global factors will continue to influence and it will be the move in the dollar index that will trigger volatility in the rupee. By Gaurang Somaiya Rupee traded in a narrow range and volatility remained low following no major cues on the domestic and global front. Earlier in the week, Chinese Yuan was weighed down after the Read More

Adani group stocks tumbled today with Adani Enterprises shares tanking 9.7% after a report suggested that US authorities were looking into representations that Adani Group made to American investors. Adani Group stocks tanked today with flagship Adani Enterprise share price sinking 9.7% to Rs 2,162.85 after a Bloomberg report suggested that US authorities were looking into representations that Adani Group made to American investors following Hindenburg Research’s report. The US Attorney’s Office in Brooklyn, New Read More

At present, Kuldip holds a 41.33 per cent stake in ASK Automotive and Vijay owns a 32.3 per cent stake in the firm. Since the IPO is completely an OFS, the entire proceeds will go to the selling shareholders and the company will not receive any funds from the issue. ASK Automotive has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial public offering (IPO). The IPO is entirely an Read More

Gold Rate Today, Gold Price in India on 13 June: Gold edged higher on Tuesday as the dollar fell, although prices moved in a tight range as traders awaited U.S. inflation data and the Federal Reserve’s policy verdict. Gold Price Today, Gold Price Outlook, Gold Price Forecast: Gold rate is trading with gains on Tuesday, while the silver rate is up 0.56%. On Multi Commodity Exchange, gold August futures were trading at Rs 59,763 per Read More

The decision in this regard was taken by the central board of the bank, the country’s largest lender said in a stock exchange filing. State Bank of India on Friday said it will raise up to Rs 50,000 crore through debt instruments from Indian as well as overseas markets in the current fiscal. The decision in this regard was taken by the central board of the bank, the country’s largest lender said in a stock Read More