Index provider MSCI said on Thursday it had determined that some Adani securities should no longer be designated as free float after market participants raised concerns about the eligibility of the Indian conglomerate's companies for some of its indexes.
Boeing Co expects to cut about 2,000
white-collar jobs this year in finance and human
resources through a combination of attrition and
layoffs, the U.S. planemaker confirmed Monday.
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Indian refiners have begun paying for most of their Russian oil purchased via Dubai-based traders in United Arab Emirates dirhams instead of U.S. dollars, four sources with knowledge of the matter said.
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Chocolate company Ferrero has on-boarded Ranveer Singh as the brand ambassador of its hazelnut cocoa spread brand Nutella. Singh will promote the Nutella brand across digital and offline media as well as feature in the brand’s campaigns, Ferrero said in a statement on Saturday.
Indian biopharma company Biocon NSE -2.51 % sold a 9.96% stake in its unit and contract research firm Syngene International NSE 0.77 % through open market sale, it said in an exchange filing on Wednesday.
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Cigarettes
Silver
Compounded rubber
Imitation Jewellery
Articles made from gold bars
Imported bicycles and toys
Imported kitchen electric chimney
Imported luxury cars and EVs
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Mobile phone
TV
Lab-grown diamonds
Shrimp feed
Machinery for lithium ion batteries
Raw materials for EV industry
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The highest surcharge rate of 37 per cent,
which was applicable on those individuals with income
above Rs 5 crore, has been brought down to 25 per
cent.
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A Bloomberg report has said that the company has put up millions of dollars worth of shares to maintain its collateral cover on a $1 billion loan
Most Adani Group stocks were trading lower in the morning on February 1, a day after flagship Adani Enterprises successfully closed.
Rising interest rates have tipped the scales in favour of bank Fixed Deposits (FDs) and debt funds. Recent increases in rates on FDs by the banks, higher returns by debt funds and disappointing performance by the equity market have prompted investors to rethink their investment.
Industry looking forward to corporate license proposal for general and health insurance among other changes.
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Shares of Adani Group companies were trading in the red zone on Wednesday following a report by Hindenburg Research that claimed that the Indian giant had participated in a clear stock manipulation and accounting fraud scheme over decades.
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The share price of Nykaa's parent, FSN E-Commerce Ventures, jumped nearly 7%, or ₹8.50, to ₹132.70 a day after the company announced the appointment of P Ganesh as its Chief Financial Officer.
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