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Friday, January 24, 2025 | 11:46 PM ISTEN Hindi

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Rupee logs biggest weekly gain in over 17 months as dollar softens

The rupee appreciated and settled at 86.21 per US dollar on Friday, compared to its closing level of 86.47 on Thursday, marking a weekly gain of 0.47 per cent

Rupee logs biggest weekly gain in over 17 months as dollar softens
Updated On : 24 Jan 2025 | 11:10 PM IST

Dorf-Ketal Chemicals India files for $580 million IPO, claim draft papers

The IPO consists of fresh issue of shares worth up to 15 billion rupees, while existing shareholder Menon Family Holdings Trust is selling shares worth up to 35 billion rupees

Dorf-Ketal Chemicals India files for $580 million IPO, claim draft papers
Updated On : 24 Jan 2025 | 10:53 PM IST

Stock correction limits downside in BPCL; Q3 performance meets expectations

BPCL's reported gross refining margins (GRMs) stood at $5.6 per barrel or bbl ($4.4/bbl in Q2FY25). Refining throughput was 9.5 metric million tonnes or mmt (-3 per cent Y-o-Y)

Stock correction limits downside in BPCL; Q3 performance meets expectations
Updated On : 24 Jan 2025 | 10:53 PM IST

Most brokerages lift targets for UltraTech Cement as Q3 nos. top estimates

The company's profit attributable to the owners of the parent dropped 17.4 per cent year-on-year (Y-o-Y) to Rs 1,469.5 crore in Q3FY25 as against Rs 1,777 crore in Q3FY24

Most brokerages lift targets for UltraTech Cement as Q3 nos. top estimates
Updated On : 24 Jan 2025 | 10:33 PM IST

Markets snap 2-day winning streak; realty, oil & gas stocks falter

In Asian markets, Seoul, Shanghai, and Hong Kong ended higher, while Tokyo closed in the red.

Markets snap 2-day winning streak; realty, oil & gas stocks falter
Updated On : 24 Jan 2025 | 10:30 PM IST
Updated On : 24 Jan 2025 | 10:25 PM IST

Chitra Ramkrishna challenges Sebi on TAP settlement document disclosure

Bourse, nine others had paid Rs 643 crore as settlement amount in connection with alleged irregularities in the Trading Access Point (TAP) architecture

Chitra Ramkrishna challenges Sebi on TAP settlement document disclosure
Updated On : 24 Jan 2025 | 10:18 PM IST

Assessing fund performance: Run the numbers, then do qualitative checks

Rely on multiple metrics to derive a holistic picture of performance. Also, compare a fund's performance with its category peers or the appropriate benchmark

Assessing fund performance: Run the numbers, then do qualitative checks
Updated On : 24 Jan 2025 | 10:07 PM IST

Dr Reddy's faces Revlimid cliff, analysts split on future growth prospects

DRL's Q3 performance was viewed as subdued by some analysts when they adjusted it for one-time grants and incomes that the company received during the quarter

Dr Reddy's faces Revlimid cliff, analysts split on future growth prospects
Updated On : 24 Jan 2025 | 10:04 PM IST

Market regulator Sebi bars Suumaya Industries' promoters for alleged fraud

The promoter members, including Ushik Gala and Ishita Gala, held key positions such as managing director (MD) and chief executive officer (CEO) at different intervals

Market regulator Sebi bars Suumaya Industries' promoters for alleged fraud
Updated On : 24 Jan 2025 | 9:40 PM IST