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DLF Records Solid Profit and Continuous Growth in the Residential Segment
DLF announced a net profit of Rs 487 crore in the second quarter of FY23, representing a notable increase of 28% over the previous year. The positive result is attributed to persistent demand…
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Foreign Investor Trades CSB Bank Shares at a Discount
Foreign institutional investor Nomura Singapore completed the sale of 26,39,673 shares, corresponding to 1.5% of the private sector bank, today, according to information from NSE. The transaction was completed at an average price…
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India Towards ‘Digital Rupee’: CBDC and Potential Challenges
In October 2021, an offer made by the RBI to the government paved the way for India to become one of the largest economies in the world through the use of CBDC…
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Investors Signal Acceptance of Elon Musk’s Offer on Twitter
On Wednesday, Twitter shares approached the $54.20 per share purchase price proposed by Elon Musk for the microblogging platform. This move indicates that investors are finally anticipating a deal that could be completed…
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Financial Market Analysis: Trends and Perspectives
The main market indices ended Tuesday’s session with weak performance. The Nifty recorded a fall of 74 points to close at 17,656 points. However, broader markets defied this trend, posting gains. It is worth mentioning…
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Hitachi Strengthens Position in Hitachi Energy: Commitment to Sustainable Energy Future
Hitachi Energy Ltd (“Hitachi Energy”) has announced that Hitachi, Ltd. (TSE: 6501, “Hitachi”) has formalized a share transfer agreement, acquiring the remaining 19.9% of shares in ABB Ltd (SIX: ABBBN , “ABB”),…
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Devaluation of Gold and Silver due to Global Trends and Appreciation of the Rupee
On Thursday, the price of gold experienced a fall of 101 rupees to reach 51,024 rupees per 10 grams. This was against a backdrop of unfavorable global trends and appreciation of the rupee,…
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Supreme Petrochem Announces Generous Dividend and Stock Split
Supreme Petrochem revealed its decision to grant a 100% interim dividend and execute a 1:2 share split following the release of its second quarter results. The company has chosen to declare a dividend…
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Bright Outlook: Three Factors That Could Drive a New Rally in Adani Group’s Ambuja Cements Shares
Ambuja Cements, a company belonging to the Adani Group, has received a buy recommendation with a 12-month horizon from ICICI Direct, which has set a target price of Rs 610. This implies…
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Women have the option of withdrawing up to R$5,000 at Caixa Econômica Federal, even if they have financial restrictions
The banking institution introduced a line of credit specifically aimed at women, including those in a negative situation. Brazilian women with an unfavorable financial history can now take advantage of the new…
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