Enterprise Financial News
06.10 / 10:39
Enterprise
Experts
performer
recommendations
Piramal Enterprises, Coforge, 2 other stocks surpass 50-Day SMA
stock market marked an important day on October 5 as several midcap stocks exhibited their strength by crossing their 50-Day Simple Moving Averages (SMA). These technical achievements often signal potential opportunities for investors seeking growth and stability in well-established companies. Let's explore the performance of these stocks.
06.10 / 04:53
UPS
Enterprise
NIFTY
reports
index
Stock market update: Nifty Realty index advances 0.76% in an upbeat market
Godrej Properties Ltd.(up 1.43 per cent), DLF Ltd.(up 0.95 per cent), Sobha Ltd.(up 0.86 per cent), Phoenix Mills Ltd.(up 0.84 per cent) and Brigade Enterprises Ltd.(up 0.75 per cent) were among the top gainers. were the top losers on the index.
05.10 / 17:37
Manufacturing
Enterprise
Death
country
reports
testing
medicines
Diabetes drug among 48 to fail quality test
NEW DELHI : The drug regulator said it found 48 critical medicines, meant for domestic consumption, as “not of standard quality" in August. The samples were collected across the country. Some of these drugs are: MOL-PCB syrup given to children for pain relief; Nifedipine sustain release tablets I.P.
05.10 / 16:57
UPS
BLOCK
Platform
Enterprise
Parke
pandemic
2020
The headaches of India’s largest office landlord
Bengaluru: A few months back, American asset manager Blackstone Inc., India’s largest office landlord with about 111 million sq ft of office space under its belt, wanted to sell half the stake it holds in two office portfolios developed by Pune-based builder Panchshil Realty and Bengaluru-based Sattva Group. Blackstone’s talks on the stake sale with GIC Pvt Ltd, Singapore’s sovereign wealth fund, fell through. In a similar story, again this year, Blackstone wanted to sell part of its stake in Embassy Office Parks REIT.
05.10 / 13:59
Digital
Platform
Assurant
Enterprise
performer
information
reports
Bizongo lays off about 50 staffers after closing $50 million round
Bizongo, while announcing a funding of $50 million in an all-staff call, fired about 50 employees, amounting to about 15% of the total workforce, sources in the know told ET. The Mumbai-based startup’s cofounder and chief executive Sachin Agrawal informed employees of the decision in a town hall at 10 am on Wednesday when ET reported on the funding round from existing investors led by Schroder Adveq, a Zurich-based private equity firm.
05.10 / 13:01
Enterprise
Parke
Death
Experts
2020
reports
Coffee Day Enterprises' total default at Rs 433.91 cr in Jul-Sep quarter
Coffee Day Enterprises Ltd (CDEL) on Thursday reported a total default on payments of loans' principal and interest amount of Rs 433.91 crore for the September 2023 quarter. This is lower than the June quarter when CDEL had reported a total default of Rs 440.25 crore. Its «total financial indebtedness of listed entity, including short term and long term debt», is Rs 433.91 crore in the July-September quarter, the company said in a disclosure to bourses on Thursday.
05.10 / 10:53
Provident
Platform
Enterprise
social
Goldman Sachs opens a new office in Hyderabad
KT Rama Rao on Thursday opened a new state-of-the-art office of the US-based financial services giant Goldman Sachs in Hyderabad. The office will be a centre of excellence for the firm's client onboarding efforts and will house platform engineering and global Enterprise Partnerships, the minister said in a post on social media site X. «I'm pleased to inaugurate Goldman Sachs' new long-term office in Hyderabad following their initial establishment here in 2021.
05.10 / 08:09
BLOCK
Enterprise
reports
India to start auction of critical mineral mines in few weeks
government will start the auction of critical mineral mines in a few weeks from now, reported ET Now, quoting Mines Secretary. In August, there were reports of India getting preparing to start the auction process for some 100 critical mineral blocks.
05.10 / 04:47
Enterprise
Adventure
film
Celebrity
Synopsys
cover
stars
'Star Trek: Holo-Ween' comic miniseries: Here’s everything you need to know
IDW Publishing's latest comic miniseries, "Star Trek: Holo-Ween." While the Star Trek universe isn't the first thing that comes to mind during the spooky season, this comic series is set to change that perception.
05.10 / 01:55
Cooper
Platform
Enterprise
TikTok
social
electronic
prevention
TikTok ends retail business in Indonesia after ban on social media shopping
Chinese-owned video platform TikTok says it will halt its online retail operation in Indonesia to comply with the country’s decision to ban e-commerce transactions on social media platforms
04.10 / 12:39
Provident
Digital
CEO
Platform
Enterprise
country
innovations
VTEX and Solveda Unite to Transform Digital Commerce Landscape in India
Founded in 2013, Solveda provides an advanced, highly customizable, and integrated solution that allows businesses of all sizes to deliver a highly effective B2C and B2B customer experience. Solveda’s design and software practice brings strong solution design capabilities around a wide array of proprietary, commercial and open-source platforms.
04.10 / 11:57
AXY
Enterprise
NIFTY
SENSEX
Nestle
Share market update: Most active stocks of the day in terms of traded value
The NSE Nifty index ended the session 92.65 points down at 19436.1, while BSE Sensex fell 286.06 points to 65226.04. In the Nifty index, Adani Enterprises Ltd.(up 3.25 per cent), Nestle India Ltd.(up 3.01 per cent), Hindustan Unilever Ltd.(up 1.58 per cent), Eicher Motors Ltd.(up 1.48 per cent) and HDFC Bank Ltd.(up 1.43 per cent) stood among the top gainers.
04.10 / 08:51
Provident
Aviat
Enterprise
PwC
Banner
hospital
information
India Inc has some way to go to comply with data protection act: PwC India
Consent: Only 9% of organisations collect consent that can be considered ‘free, specific and informed’. In such cases, consent is often bundled (i.e. single consent is obtained for multiple purposes).
04.10 / 08:33
Digital
Platform
Enterprise
TCS
Walmart
innovations
TCS wins multi-year deal from British retail giant Asda
Tata Consultancy Services said on Wednesday that it has won a multi-year deal from British retail giant Asda to support its digital transformation and to implement a new organisation-wide IT operating model, following its divestiture from Walmart. Deal financials were not disclosed. TCS Has been a long-time vendor to Walmart as well. The strategic partnership will leverage TCS’ cloud, AI, and security solutions to help Asda deliver the divestiture smoothly, on time and securely, it said in a statement. TCS will further enable Asda to enhance its customer experience and innovation capabilities to help increase their market share and retain price leadership.
04.10 / 08:33
Lowe's
Entertainment
Enterprise
NIFTY
SENSEX
fall
Zee Ent. shares fall 2.86% as Nifty drops
Zee Entertainment Enterprises Ltd. traded 2.86 per cent down at Rs 255.85 on Wednesday at around 01:29PM (IST), while the benchmark BSE Sensex declined 584.94 points to 64927.16. As many as 126,021 shares changed hands on the counter with a total value of Rs 3.26 crore.
04.10 / 07:36
COST
Progressive
Gap
economy
Enterprise
country
China will become less populous, more productive—and more pricey
the date on which it becomes the world’s biggest economy. The gap between American and Chinese GDP will be over $8trn in 2023, according to some forecasts. That is a bigger number than last year.
04.10 / 07:27
COST
economy
Enterprise
President
country
A government shutdown in Nigeria has been averted after unions suspended a labor strike
Nigerian government workers are continuing their work after last-minute efforts by authorities averted a nationwide strike to protest growing hardship which could have shut down government services in Africa’s most populous country
04.10 / 05:35
UPS
Enterprise
APA
reports
stake
Singapore’s Temasek bankers up for $5b sale of Jemena stake
Singapore’s Temasek has hired investment bank Goldman Sachs to find a buyer for its 40 per cent of gas and electricity distribution giant Jemena.
04.10 / 02:59
UPS
Provident
Enterprise
Bill
consequences
gossips
Minters cashes in on university consultancy demand
MinterEllison’s burgeoning consulting division continues to grow, after the top-tier law firm bought higher education consultant Wells Advisory to create an “end-to-end” legal and advisory higher education practice.
04.10 / 02:29
UPS
IPO
Enterprise
Metro
Nestle
show
reports
Stocks to Watch: HDFC Bank, Maruti Suzuki, Bajaj Finserv, Vedanta, ICICI Bank
HDFC Bank: HDFC Bank Ltd. is revamping some parts of top management as the Indian bank seeks to propel its mortgage business. It has brought IT and digital functions, led by Ramesh Lakshminarayanan directly under CEO Sashidhar Jagdishan as the bank leans on technology to offer more products and services across its branches.
04.10 / 01:09
Aviat
Strategy
Enterprise
Experts
show
reports
stake
IHC raises stake in Adani Enterprises
Company PJSC (IHC) said on Tuesday that it has raised its stake in Adani Enterprises Ltd (AEL) days after exiting two other Adani Group companies. IHC boosted its holding in Adani Group flagship AEL to more than 5% from the 3.53% stake it first acquired in May 2022 for ₹7,700 crore. The investor last week disclosed that it would sell its stakes in Adani Green Energy and Adani Energy Solutions (formerly Adani Transmission). IHC said the decision to boost its holding in AEL reflects its conviction in the business incubation model of AEL, and the inherent strength of airports, data centres, green hydrogen and other verticals being incubated by the company.
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