Mahindra and Mahindra gains on higher production, sales volumes on December 12, 2023 at 4:07 am

In a company update, Mahindra and Mahindra reported that the total production of 69,875 units in November 2023, a 13.4 percent increase over 61,618, during the year-ago period.

REC enters €200 million loan agreement with German bank; shares slip on December 12, 2023 at 4:08 am

The company in a statement said this marks REC#39;s sixth line of credit under the Indo-German development cooperation.

Marketing Musings: The creator economy on December 12, 2023 at 4:09 am

Goldman Sachs Research expects the 50 million global creators to grow at a 10-20 percent compound annual growth rate during the next five years to grow to a $480 billion economy by 2027 from $250 billion today 

LT Tech shares gain on signing multi-year pact with global energy firm BP on December 12, 2023 at 4:11 am

LT Tech said that this partnership would underscore its domain expertise in energy segment

BLS International hits 52-week high on bagging Indian mission contract in Canada on December 12, 2023 at 4:26 am

The share touched a 52-week high of Rs 167.90 and a 52-week low of Rs 95.55 on 10 August, 2023 and 28 March, 2023, respectively.

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