Infosys shares may reel under pressure as CFO Nilanjan Roy quits; ADRs tumble on December 12, 2023 at 2:55 am

American Depository Receipts (ADRs) of Infosys fell nearly 3 percent overnight on the news of Roy#39;s exit.

JK Bank launches Rs 750 crore QIP; shares may gain on December 12, 2023 at 3:00 am

JK Bank board has set the floor price for the QIP issue at Rs 112.66 per share, reflecting a discount of 10.02 percent from the company#39;s December 11 closing price.

Inflation set to test upper-limit of RBI#39;s tolerance band again in November on December 12, 2023 at 1:34 am

India#39;s headline inflation rate fell to 4.87 percent in October thanks to a favourable base effect and the cooling of vegetable prices. However, the reversal of these two factors is set to push inflation close to 6 percent in November

India’s potential growth rate increased to 7%, Axis says on December 12, 2023 at 1:53 am

The projection for the economy’s potential growth rate is based on higher capital investment in the real estate and private sector, Neelkanth Mishra, chief economist of Axis Bank, said at a briefing on Monday in Mumbai. These segments of the economy slowed down during the 2012-2019 period.

Inflation set to test upper-limit of RBI#39;s tolerance band again in November on December 12, 2023 at 1:34 am

India#39;s headline inflation rate fell to 4.87 percent in October thanks to a favourable base effect and the cooling of vegetable prices. However, the reversal of these two factors is set to push inflation close to 6 percent in November

Buzzing Stocks: Infosys, Wipro, MM, SpiceJet, RVNL, Swan Energy and others in news on December 12, 2023 at 1:10 am

Stocks to watch: Check out the companies making headlines before the opening bell today, on December 12, 2023.

Trade Spotlight | Your game plan for RBL Bank, Tube Investments, IRFC today on December 12, 2023 at 12:55 am

IRFC has seen a consolidation breakout. The stock has formed long bullish candlestick pattern on the daily charts with robust volumes and traded above all key moving averages.

Hot Stocks | Karur Vysya Bank, CARE Ratings, Fortis Healthcare may fetch 11-14% return on December 12, 2023 at 12:44 am

Traders are advised to hold longs with trailing stop-loss of 20,500 in Nifty on the closing basis.

Buzzing Stocks: Infosys, Wipro, MM, SpiceJet, RVNL, Swan Energy and others in news on December 12, 2023 at 1:10 am

Stocks to watch: Check out the companies making headlines before the opening bell today, on December 12, 2023.

Adani contractor probed by India resurfaces under a new name on December 12, 2023 at 1:57 am

In April 2016, PMC’s engineering business was folded into Howe, according to court filings. Howe has remained an Adani contractor for some of the largest ports and railway lines presently under construction in India, recent filings analyzed by Bloomberg show.