Gold prices in India are shaped more by global trading trends than by local demand and supply, with markets like London OTC and COMEX playing a key role. Gold and silver rates today, January 2 The 24-carat gold rate in India was Rs 78,010 per 10 grams on January 2. The rate for 24-carat gold
Go to Live UpdatesNMDC Share Price Today Live Updates, 02 Jan, 2025: The NMDC share is in news and the counter closed trade on 01 Jan, 2025 at Rs 65.98. The shares touched intraday high of Rs 66.4 in the last trading session while the intraday low was at Rs 65.0. The company’s market capitalization
Go to Live UpdatesMahindra & Mahindra Share Price Today Live Updates, 02 Jan, 2025: The Mahindra & Mahindra share is in news and the counter closed trade on 01 Jan, 2025 at Rs 3080.7. The shares touched intraday high of Rs 3086.65 in the last trading session while the intraday low was at Rs 2994.8.
As indicated by GIFT Nifty, Indian equity indices BSE Sensex and NSE Nifty 50 are likely to open flat on Thursday, January 2. Here’s a look at the key stocks to watch in today’s trade. Previously, the Indian stock markets welcomed the new year on a high note. The BSE Sensex climbed 368 points or
As the markets enter the second trading day of 2025, key stocks across sectors are in focus, with investors closely tracking early trends that could set the tone for the year ahead. As indicated by GIFT Nifty, Indian equity indices BSE Sensex and NSE Nifty 50 are likely to open flat on Thursday, January 2.
Accel has raised $650 million (Rs 5,500 crore) for its eighth India fund, according to the US Securities and Exchange Commission filings, seen by FE. With this, the venture capital firm’s total investment commitment to India will reach close to $3 billion. It had raised another $650 million for its seventh round in March 2022.
After closing in the red on the last day of 2024, benchmark indices started the new year on a positive note. On Wednesday, the Sensex hit a high of 78,756.49, up 617.48 points or 0.79%. However, it pared some gains to end the day at 78,507.41, up 368.40 points or 0.47%. The Nifty soared by
Quick commerce firm saw their sales soaring to unprecedented levels in December 31. However, industry leaders anticipate a tough road ahead in 2025 as competition intensifies and market dynamics evolve. Aadit Palicha, co-founder and CEO of Zepto, underscored the sector’s remarkable growth and the challenges that lie ahead in two separate LinkedIn posts. “This New
Blinkit’s foray into 10-minute ambulance services has drawn both applause and scepticism. Known for revolutionising quick commerce with ultra-fast grocery delivery, the Zomato-owned platform now aims to address one of the most critical healthcare gaps. But past such ventures show this is a high-stakes venture fraught with challenges. The ambulance tech sector has seen its
Despite missing Street estimates on revenue and net profit, the analyst commentary on TCS’s performance has been positive on the back of early signs of revival of discretionary spending and the firm’s robust order book. Samir Seksaria, chief financial officer of TCS, in an interview with Urvi Malvania and Ayanti Bera, talked about operational efficiencies, emerging
A couple of years back Ferns & Petals’ (FNP) bottom line was wilting. Ambitious plans to scale up the business had gone awry. But CEO Pawan Gadia, who rues having blown up precious capital on advertising that didn’t really make any impact, says he has learnt from his mistakes. Now, the company is re-booting the
Venture capital (VC) investments in the non-banking finance companies (NBFCs) surged in 2024, marking a notable pivot towards safer, proven business models with clear exit opportunities. Amid a tepid growth in the overall VC funding, NBFCs raised approximately $1.2 billion across 50 equity rounds, a jump of 70% from $717 million across 64 rounds in
Power companies are likely to report strong earnings for the third quarter of the current financial year owing to the growth in regulated equity from capacity expansion, new transmission line additions, improved hydro generation, and sustained volume growth in the short-term market, as per analysts. Additionally, contributions from solar EPC (engineering, procurement, and construction) and
