Category: Uncategorized

The country should stimulate consumption with spending on education, healthcare and public housing

Analysts said that markets may be able to regain mojo post a short-term minor correction as macros remain favourable

In today#39;s edition of Moneycontrol Pro Panorama: GDP growth does not explain rise in unpaid helpers, global markets keenly await election year – 2024, understanding the digital creator economy, Article 370 verdict an ideological victory for BJP, and more

Revenue from operations fell 27 percent to Rs 1,425.29 crore, from the year-ago period when the airline had reported a top line of Rs 1,952.61 crore

Biggest losers were BPCL, Apollo Hospitals, Maruti Suzuki, Sun Pharma and Eicher Motors, while gainers included HDFC Life, UltraTech Cement, Bajaj Auto, SBI Life Insurance and Axis Bank.

The official list for the Nifty 50 rejig will be announced in late February 2024.

Under the current terms of agreement, possibly to be announced in January, a newly-formed unit of Reliance#39;s Viacom18 is to absorb Disney#39;s Star India through a share swap deal, the report added.

The company, which operates 13 ports and terminals in the country including its largest container handling port, Mundra in the western Indian state of Gujarat, said a majority of the funds issued will be used for refinancing of existing debt.

Currently, SpiceJet#39;s promoters, led by Ajay Singh, hold a 56.5 percent stake in the company. Of this, 37.9 percent is pledged with various lenders. The airline posted a net loss of Rs 431.54 in Q2FY24, compared to a net loss of Rs 837.8 crore in the same period a year ago.

About 1672 shares advanced, 1516 shares declined, and 89 shares unchanged.