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Tata Group's lifestyle company Trent (TRENT) and state-run Bharat Electronics (BEL) are the latest inclusion into the Nifty 50 index while LTI Mindtree (LTIM) and Divi's Laboratories have made an exit. The Index Maintenance Sub-Committee (Equity) of NSE Indices on Friday made the changes in the 50-stock index and the same will become effective from September 30, 2024 (close of September 27, 2024).

IMF's approval. Finance Minister Muhammad Aurangzeb and his team had a virtual meeting with Dr Adnan Chilwan, Group CEO of Dubai Islamic Bank, on Thursday, the Dawn newspaper reported on Friday. On Wednesday, a similar interaction was held with Mashreq Bank President and Group CEO Ahmed Abdelaal. Both meetings had been arranged to «discuss the economic outlook and explore investment opportunities in Pakistan». For the current fiscal year, Pakistan has pitched about USD 20 billion in foreign borrowing in the budget, besides another USD 3 billion rollover from the UAE that was reported separately for the balance of payments. With this much borrowing, Pakistan's reserves are estimated to grow to about USD 19-20 billion by the end of the current fiscal year.

₹1,500. The three-day, five-day and 10-day packages, excluding stay and meals, are priced ₹5,000, ₹8,500 and ₹16,000.

Karnataka High Court reportedly denied woman's demand for Rs 6.16 lakh per month in alimony, emphasizing the need for realistic financial claims. The single-judge bench, led by Justice Lalitha Kanneganti, addressed the woman's request for a substantial monthly alimony, which included Rs 15,000 for clothes, Rs 60,000 for living expenses and Rs 50,000 in legal fees, among other costs.

Zomato-Paytm ticketing deal appetizing for both The alumina market faces significant scarcity, with July prices hovering at 22% of London Metal Exchange (LME) aluminium price, well above the normal range of 14-17%. “We remain positive on Nalco in view of the firm alumina price outlook, integrated business model, and attractive dividend yield," analysts at Antique Stock Broking said in a research report. The report projected that Nalco’s Ebitda margin would expand from 21.8% in FY24 to 30.7% in FY26.

Jay Shah, the current secretary of the Board of Control for Cricket in India (BCCI), has emerged as the leading candidate to succeed Greg Barclay as the International Cricket Council (ICC) chair. The BCCI is confident that Shah will be elected unopposed, given the widespread support he has received from various cricket boards, which have expressed their desire for him to lead the global cricket body, a top source from the board has confirmed. To secure his nomination, the ICC requires a proposer and a seconder. Reports indicate that England and Australia are likely to back Shah's candidacy, further solidifying his bid for the top position.

Poco Pad 5G is available in two variants in India: the 8GB RAM + 128GB storage model costs Rs. 23,999, and the 8GB RAM + 256GB storage option costs Rs. 25,999.

1. Haier 8 Kg 5 Star Fully Automatic Front Load Washing Machine The Haier 8 Kg front load washing machine is designed for small families, offering superior wash quality and energy efficiency with its 5-star rating. Equipped with an AI-powered Inverter Motor and a 525mm Super Drum, it delivers fast, thorough cleaning.

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Trent (TRENT), a subsidiary of Tata Group, and Indian public sector aerospace and defence electronics company Bharat Electronics (BHEL) may find a place in the Nifty 50 index in the Index Maintenance Sub-Committee meeting to be held on August 23, according to JM Financial. LTI Mindtree (LTIM) and Divis Laboratories (DIVI) are likely to be excluded, it said. The Nifty 50 index is reviewed twice a year, based on six-month data ending January 31 and July 31. The index represents 50 stocks based on free-float market capitalization and liquidity, with an average impact cost of 0.50% or less for 90% of the observations for a basket size of Rs 10 crore. The next index reshuffle will be effective from September 30.

ET Markets analysed data of all companies with a market capitalization of at least Rs 5,000 crore and found that there were 40 companies which reported over 50% drop in their net profits in Q1.

Ambuja Cements, Nykaa, Adani Power, Bharti Airtel, Wipro among others will be in focus due to various news developments. Ambuja Cements The Adani Group is likely to sell a 2.84% stake in Ambuja Cements on Friday through a block deal to raise around Rs 4,200 crore, ET reported.

Of course, certain unlisted companies or those listed on exchanges other than NSE as well as those gearing up for listing also need to appoint independent directors, but that number will be relatively small. The increased visibility, responsibility and remuneration of independent directors has led to rising awareness of this strategic role in Corporate India. Besides, several factors have spurred more aspirants to sign up to be independent directors. The big 'board refresh' this year-involving stepping down of independent directors who were completing 10 years (two terms) on a company's board-was expected to make way for new faces on the boards. Secondly, the need for women independent directors on boards increased.

In many communities people turn to diesel or gasoline generators for temporary power when extreme weather brings power outages

«The management strategy of expanding across various formats, expanding its food delivery, TajSATS. So, I think strategically they are doing very well and now the big focus only on managed hotels is working well for them. Stock is not cheap at these valuations at all. Like, we obviously hold for from very low levels and we continue to hold,» says Sandip Sabharwal, asksandipsabharwal.com. Two stocks you track closely, both InterGlobe as well as Indian Hotels giving fresh solid moves today. Do you think the prospects continue to look brighter and what if one were to look to add positions at these levels? Would you recommend that at all? Sandip Sabharwal: InterGlobe is in a very unique position where the competitive intensity instead of increasing on improved profitability in the sector actually reduced.

Atlantic City’s casinos and two internet-only gambling entities saw their collective earnings decline by 1.3% in the second quarter of 2024 compared with the same period a year earlier

Chancellor Olaf Scholz has pledged that his government will help rescue a major German shipyard that has solid orders for new cruise ships but has run into financial difficulty

The number of Americans filing for unemployment benefits rose modestly last week, but remains at healthy levels Jobless claims rose by 4,000 to 232,000 for the week of Aug. 17, the Labor Department reported Thursday

The average rate on a 30-year mortgage eased this week to its lowest level in 15 months

Argentina’s Senate has defied the government to approve an increase to pension spending that would cost at least an estimated 0.4% of the gross domestic product, dealing a blow to President Javier Milei’s harsh austerity program