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Nifty hits all-time high on strong GDP estimates

Dec 1, 2023

New Delhi, Dec 1 (IANS) Nifty reached historic highs on Friday, with the mid-small cap segment also on the rise, fuelled by faster-than-expected economic growth in the September quarter and increased optimism regarding the global interest rate outlook, Shrey Jain, Founder and CEO SAS Online, said.Nifty closed at 20,267.90, marking a gain of 134.75…

UP transport dept, Maruti to sign MoU for maintaining DTIs

Dec 1, 2023

Lucknow, Dec 1 (IANS) The Uttar Pradesh transport department will soon sign an MoU with Maruti Suzuki for handling tasks related to automation, operation and maintenance of the Driving Training and Testing Institutes (DTI) in the state.The…

Business

Whirlpool India shares fall by over 8% after parent company announces plan to sell stake up to 24%

Dec 1, 2023

New Delhi, Dec 1 (IANS) Whirlpool of India shares are down by more than 8 per cent on Friday after the parent company announced the plans to cut its stake by up to 24 per cent. Whirlpool of India shares are down 8.83 per cent at Rs 1429 on…

Business

Bengaluru Tech Summit: India has highest intellectual capital per dollar, says scientist Mashelkar

Dec 1, 2023

Bengaluru, Dec 1 (IANS) India has the highest intellectual capital per dollar which is the reason Indian innovation is taking the world by storm said acclaimed R.A. Mashelkar, Former Director General, Council of Scientific and Industrial…

Business

Power crisis takes a toll on fishermen in coastal Karnataka as ice production hits an all-time low

Dec 1, 2023

Mangaluru, Dec 1 (IANS/101Reporters) Power crisis has cast a shadow on the fishermen in the coastal areas of Dakshina Kannada, Uttara Kannada and Udupi districts of Karnataka as the success of the fisheries sector depends on the freshness…

Business

Raymond independent directors say no law requires them to investigate matrimonial disputes

Dec 1, 2023

New Delhi, Dec 1 (IANS) The independent directors (IDs) of Raymond Limited have said that neither any law nor any corporate governance standard requires them to inquire into, investigate, or delve into the merits or otherwise, of such…

Business

Piyush Goyal urges corporates to step up investments as India is ‘at sweet spot’

Dec 1, 2023

New Delhi, Dec 1 (IANS) Union Commerce Minister Piyush Goyal on Friday urged corporates to increase investments in India as the country was "at a sweet spot" with massive development of infrastructure driving the economy.Adressing the…

Business

Market momentum pushes Sensex above 67K

Dec 1, 2023

New Delhi, Dec 1 (IANS) The market momentum which pushed the Nifty up by 6 per cent in November is likely to be sustained since the incoming data and news are positive, says V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial…

Business

US stocks climb in the best ever month as investors bet on Fed’s interest rate cuts

Dec 1, 2023

New York, Dec 1 (IANS) US stocks climbed on Thursday morning, making it the best month this year for the investors who continued to bet on interest-rate cuts after reports of a key reading of consumer inflation which was more or less…

Business

Our own chips in GenAI era best path to make customers’ lives better: Andy Jassy

Dec 1, 2023

Las Vegas, Nov 30 (IANS) Designing our own chips is the best path to makes our customers’ lives better and easier every day in the generative AI era, Amazon CEO Andy Jassy said on Thursday.Jassy said that several years ago, when Amazon…

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