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It turns out that $1.8 billion wasn’t just sitting in a bank account in South Carolina waiting to be spent

Subscribe to enjoy similar stories. Midcap IT firm L&T Technology Services Ltd (LTTS) surprised the Street with solid deal wins and margin expansion in the December quarter (Q3FY25). Investors cheered, taking the shares up about 8% on Thursday.

Subscribe to enjoy similar stories. The quarterly earnings season is in full swing, offering a glimpse into how India Inc. has performed during the October-December 2024 period.

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₹199.45 crore, which will be available for trading on both the BSE and NSE platforms. On January 15, just a day prior to the IPO opening, the company secured ₹59.83 crore from six institutional investors through its anchor book.

Subscribe to enjoy similar stories. • Muthoot Finance Ltd: Buy ₹2,190; Stop ₹2,150; Target ₹2,300 After a sharp rise seen in GOLD, the associated gold financing stocks have been faring quite steadily. The rise of prices of this counter has been quite steady and the recent market correction did not take much sheen from the prices.

Subscribe to enjoy similar stories. On 15 January, the market continued to struggle, despite being in a heavily oversold position. Recent upticks are viewed as technical recoveries rather than a true shift in fundamentals.

Executive director Ramesh Kalyanaraman dismissed this as «very absurd» in the call on Tuesday. The stock dropped 7% on Wednesday to close at ₹554.90, extending its losing streak to the ninth straight day. The 32% drop in the share price in this period has eroded the market cap of Kalyan Jewellers by ₹24,000 crore to ₹57,234 crore at the Wednesday close.

Hybrid mutual funds or schemes that invest mostly in equity and debt fare better in an uncertain or volatile environment. Mutual fund experts believe that the markets are likely to be cautious and investors should also proceed with caution.

CESC and PCBL’s record date set for the interim dividends set as January 16, today makes it the last day for the investors to buy the shares of these companies in order to ensure their shareholding in the company's books for the eligibility to receive the said dividends. With the T+1 settlement system, the record date and ex-date usually fall on the same day. However, if a market holiday occurs immediately after the ex-date, they may differ.

Godrej Consumer Products Ltd. 1.81 per cent to Rs 1137.75 in Tuesday's trade as of 01:48PM (IST) even as the benchmark Nifty ruled at 23154.35, 68.4 points. The scrip had closed at Rs 1158.80 in the previous session. The stock quoted a 52-week low of Rs 1055.60 and a high of Rs 1541.30. The company quoted a market-cap of Rs 116684.95 crore on the BSE.

Siemens Ltd. 0.46 per cent to Rs 5777.10 in Tuesday's trade as of 01:18PM (IST) even as the benchmark Nifty ruled at 23165.85, 79.9 points. The scrip had closed at Rs 5804.05 in the previous session. The stock quoted a 52-week low of Rs 3966.05 and a high of Rs 8129.95. The company quoted a market-cap of Rs 206156.38 crore on the BSE.

Subscribe to enjoy similar stories. Is Thursday becoming the new Friday in Britain? Under Keir Starmer’s Labour government, UK workers can request a four-day compressed week. More than 90% of participating businesses in the UK decided to stick with a four-day workweek after a successful trial in 2022; some even made the change permanent.

Subscribe to enjoy similar stories. As India strengthens its strategic position amid evolving global security dynamics, the nation's defence sector stands at a pivotal moment in 2025. The defence ministry has recently declared that 2025 will be the ‘year of reforms’ for Indian defence, suggesting that there could be massive changes in the sector, simpler procurement, and much more.

Subscribe to enjoy similar stories. They call themselves TikTok refugees—and the app they are fleeing to is a lot more Chinese than the video-sharing app whose U.S. fate now hangs in the balance.

As we enter 2025, the general consensus is that stocks are set to deliver another year of decent returns. Most strategists contend that we will be in a goldilocks environment characterized by positive readings on economic growth, profits, inflation, and rates. This sentiment is particularly evident in the current valuation level of the S&P 500 Index.

Subscribe to enjoy similar stories. Dreaming of a magical white Christmas in Europe but worried about the cost? Mumbai-based entrepreneur Mufaddal Kagalwala and his wife Sakina Gandhi turned this dream into a reality—without breaking the bank. By taking advantage of off-season deals on flights and hotels, the couple pulled off an unforgettable 13-day journey across Hungary, Slovakia, Austria, and the Czech Republic—all for under ₹3.5 lakh.

Subscribe to enjoy similar stories. This may be the year to skip Rome—or Italy entirely. The Roman Catholic Church is celebrating a jubilee year, a roughly yearlong tradition dating to the early 14th century.

He had bought his first house when he was 35 years old. Twenty years on, he and his wife live in a much bigger flat in Mumbai. He had also restructured and modernised the house in which his retired parents lived in Pune. He had a farm in Karjat, where he had a small farmhouse. His plan is to retire to this house in another 5-10 years. “It all worked out well,” he told me. With the new airport coming up, he is considering booking a flat at one of the new developments in Panvel as well. “This will not be like Lavasa,” he offered. He had been an early investor in the dream project that failed to take off as planned. His money had been stuck there for quite a few years and he finally sold it at a loss. “I am confident the new one will be a winner,” he reassured me.

spiritual apps, in addition to travel and hospitality, have laid the ground to capitalise on the month-long Maha Kumbh Mela that starts Monday in Prayagraj. While travel and hospitality firms reported a spike in bookings for Prayagraj from those who want to attend the festival physically, online spiritual and devotional platforms are expecting a surge in traffic coming from devotees wanting to be a part of the Maha Kumbh virtually. Digital platforms such as Sri Mandir, Vama.App and DevDham, which are looking at offering multiple remote services to enable access to devotees around the world, are anticipating a 40-50% increase in the number of app downloads and new users compared to business as usual.