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NEW DELHI : Packaged foods company LT Foods, widely known for its Daawat brand of rice, is eyeing a greater share of business from convenience foods such as ready-to-cook meals and snacks, with an aim to generate revenues of ₹800 crore from them by 2028-29. The move comes after the company set plans in motion to diversify from selling packaged rice under Daawat, which is sold both in India and exported to markets overseas. In 2017, LT Foods set up a joint venture (JV), Daawat-Kameda India Pvt.

gap between Reliance Industries Ltd's standalone and consolidated net profit has more than doubled to Rs 22,400 crore in the last couple of years, as the retail and telecom businesses housed in separate subsidiaries saw significant growth, a report said. «The gap between Reliance's standalone and consolidated profit after tax (PAT) has increased significantly — from Rs 8,400 crore in FY20 (April 2019 to March 2020) to Rs 22,400 crore in FY23, as telecom and retail have ramped up,» JP Morgan said in a note that used data from the firm's annual reports to reconcile the difference between the two reported profit numbers.

Motilal Oswal Asset Management Company (MOAMC) on Friday said it has mobilised over Rs 1,350 crore during the New Fund Offer (NFO) period of its small cap fund. The asset management firm said it was the highest-ever collection for any small-cap active fund NFO in India.

menopause becoming more mainstream this year, advocates in Canada are hopeful this shift could drive progress in health care and workplaces to better support women in what can be a very difficult stage in their life.In an aging population, more women in their 40s and 50s are openly talking about their own experience with menopause on social media and elsewhere.Gen X women truly have had enough. We're a different generation who demand more & we're not afraid to stand up for ourselves.Thanks to everybody who has watched, commented and liked my TEDx – sitting at 6k views & growing!! https://t.co/glXlTm4ge2#menopause #perimenopause pic.twitter.com/Gyv5FccisP— Amanda Thebe (@amandathebex) December 18, 2023 #periomenopause was tough.

The first of its kind affordable insurance product covering risks against life, health, and property, is set to be rolled out in the first quarter of the next financial year, reported Business Line. 

BSE. All the segments including, the equity segment, derivative segment, and SLB segment will be closed today. The Multi-Commodity Exchange (MCX) will also be closed for both morning and afternoon sessions. In the entire calendar year, the markets have had 15 annual holidays in 2023, two more than last year. In the previous week marked by heightened activity in the IPO space and increased volatility, equity indices saw marginal declines following seven consecutive weeks of gains. Foreign investors, meanwhile, maintained a net selling stance throughout the past week, divesting over Rs 6,000 crore.

The 50 most valuable companies in the benchmark, which now make up about 56% of its total weight, moved up or down on average nine places this year, tied for the most since at least 2013 and almost double in 2019. And that volatility comes even as the median valuation gap between each company in the top 50 has more than doubled to $7 billion since 2013. It suggests that as the S&P 500's top-heavy skew worsens, there's increasing competition for investor funds in the rest of the index. The much-discussed concentration risk at the very top — Apple is now nearly worth more than France's entire stock market — means investors are increasingly reliant on a shrinking number of companies for returns.

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₹11,885 in July-September 2017 will be the equivalent of ₹15,806 by April-June 2023. Therefore, the actually observed average earnings of ₹13,347 in the later period is actually a decline of 15.5% in real terms.

Stocks finished the day higher by around 1% yesterday, rebounding some from Wednesday's sharp sell-off; this made it an inside day.

Santosh Kumar Singh, Fund Manager, Motilal Oswal AMC, says “I still find IT very attractive, I am very bullish on capital markets and I think that the biggest financialisation is going to get played through the capital markets. Also, health has been a place where the market has been very, very bearish for multiple reasons. I think it is a space which has got very high longevity. And at the same time, this is a space where the competitive edges of the company can stay for a very long period of time. So yes, those are the two spaces I am really liking.” Talk to us about the valuation of the market. What went through your mind when you were looking at the screen the day before yesterday? All of us thought that the much-awaited correction, cleansing of froth would happen. But we barely corrected for a day and everything came back? Santosh Kumar Singh: Yes, so see if I am looking at the market, it seems the valuation is inching closer to one standard deviation on the Nifty side, right. And that is where my view is. Above that, I do not see a re-rating. Above that, a lot of froth starts to pick in so I am not expecting it to go above that. That is where the EPS growth of the market comes into play. The EPS growth seems to be doing okay, around 13-14% EPS growth for the next couple of years. So the market may give that sort of return.

general elections and further reduction in inflation will help revive consumer demand across categories from grocery to apparel to electronics from March-April onwards, with rural markets and mass-segment products already showing signs of recovery, chief executives of several leading companies said. Consumer goods companies were earlier expecting demand to recover in the December quarter. While that hasn't materialised, chief executives said slowdown in consumption has come to a halt and that sales of mass-segment products are picking up after a gap of over three years. «While green shoots of recovery are visible in rural India, the demand growth is still trailing urban markets,» Dabur India chief executive Mohit Malhotra said.

MEXICO CITY (Reuters) — Mexican President Andres Manuel Lopez Obrador said on Friday his government will reinforce measures to contain migration as he seeks to help the United States cope with record numbers of people trying to reach the U.S. border.

Chief Election Commissioner and other Election Commissioners (appointment, conditions of service and term of office) Bill, 2023, passed by Parliament fills a gap that parties, jurists, and activists often mentioned. It sets out a selection committee consisting of the prime minister, leader of the opposition in the Lok Sabha and a cabinet minister to recommend the names of CEC and ECs for appointment by the President. A designated search committee, headed by the Union law minister, will prepare a panel for consideration by the selection committee.

Doctor Who Season 14, generating immense excitement among fans. Ncuti Gatwa's portrayal as the 15th Doctor, alongside Millie Gibson as Ruby Sunday, promises an exhilarating journey through eight new episodes set to premiere in 2024. The series is poised for a groundbreaking season, buoyed by a record-breaking budget, courtesy of a new deal that will extend the British sci-fi show's reach to Disney+ in various territories.

NEW DELHI: India’s audit regulator on Friday pointed to gaps and inadequacies in procedures followed and documentation of statutory audits done by top audit firms. The National Financial Reporting Authority (NFRA) issued its report after inspections at BSR & Co. LLP, Price Waterhouse Chartered Accountants LLP, Deloitte Haskins & Sells LLP, and SRBC & Co.

NEW DELHI/MUMBAI: India took a step a closer to instant settlements in share trading on Friday, with the stock market regulator proposing it as an option in addition to the existing Transaction+1 (T+1) settlement cycle. Market participants said retail investors making delivery-based trades stand to benefit if the proposal in the regulator’s consultation paper makes it to the final stage, since they will receive proceeds instantaneously. This would be especially beneficial for investors selling shares since they will immediately receive money, which can be reinvested elsewhere.

Click Here To Visit Retik Finance’s Website When it comes to choosing the ultimate crypto gem for your portfolio, the choice is clear. Solana's technical prowess is impressive, but it remains confined to the digital realm. Bonk's charm is undeniable, but its long-term sustainability remains uncertain.

The world of cryptocurrencies is always on the move, with every project trying to outdo each other in terms of innovation and growth. Just recently, Shibarium, which is the Layer 2 protocol of Shiba Inu, turned heads by handling over 100 million transactions. 

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InterGlobe Aviation Ltd. traded at Rs 2868.2 on BSE at 12:43PM (IST) on Friday, down 0.5 per cent from previous close. The stock quoted a 52-week low price of Rs 1810.45 and a high of Rs 3006.9.