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allegations of assault levelled against Raymond Ltd managing director Gautam Singhania by his estranged wife, an Indian proxy advisory firm has requested the company's independent directors to conduct a probe, a report said on November 28. The appeal has been made by Institutional Investor Advisory Services (IIAS), news agency Reuters reported, adding that the proxy firm has urged the independent directors to communicate with investors and other stakeholders, assuage their concerns and "articulate a course of action they have taken following these public allegations".

₹79.10 apiece on Tuesday’s trading session. Spencer stock opened at ₹74.60 on November 28, against previous close at ₹73.80 per share. At 10:30 am, the stock for Spencer's Retail was trading at ₹77.40.

Bajaj Auto shares surged to a new historic high of ₹6,039 apiece in today's trading session, surpassing their previous high of ₹5,960 apiece. The stock began today's session at ₹5,969.80 apiece and remained flat throughout the day before gaining substantial momentum in the final hour of trade, breaching the significant ₹6,000 mark for the first time. Also Read: Bajaj Auto, Eicher Motors among 8 Nifty Auto stocks that touched new highs this year; check full list Following the company's October sales release, the stock witnessed a one-way spike.

Standard Chartered Plc is in the early stages of a search for its next chair as the emerging markets-focused bank prepares for the departure of Jose Vinals, who’s entering his eighth year in the role. The London-based lender is working with outside recruiters on a global search to identify candidates to find a replacement for Vinals, according to people familiar with the matter, who asked not to be identified discussing private information.

ArcelorMittal South Africa Ltd on Tuesday said it plans to shut down its long steel operations due to weak demand and persistent infrastructure problems, which will result in layoff of around 3,500 jobs. In a statement, the steelmaker said that steel consumption in Africa's most advanced economy has fallen 20% over the past 7 years, due to limited infrastructure spend and project delays. South Africa's persistent rail logistics problems and an intensifying electricity crisis had also added costs to the business, ArcelorMittal South Africa added.

₹58,088 crore, of which civil-services-exam coaching contributes ₹3,000 crore, according to the CCPA report. Delhi is considered the hub for civil-services-exam coaching. In the letter, which Mint has also seen, the CCPA suggested that DoPT enforce the Central Civil Services (Conduct) Rules, 1964 for all candidates who continue to feature in ads for coaching classes and as their brand ambassadors for the whole year.

ALSO READ: India not the ‘best team’ in World Cup 2023: Gautam Gambhir says, ‘It did not matter whether you finished first…’ Reacting to a question about Dravid's future as India's head coach, Gambhir said on Sportskeeda, as quoted by Hindustan Times, "Dravid's contract as head coach should be automatically renewed. The kind of cricket that India played throughout the World Cup, if you are going to judge a coach by just one match then it is a wrong precedent." On the contrary, Gambhir expressed his reservations against Rohit's statements before the World Cup final. Earlier, on the eve of the final against Australia, Rohit had said that the team wanted to win the trophy for head coach Dravid for the kind of efforts he has put in for the betterment of the players, added the report.

Venture capital investment into Europe's tech industry plunged by half in 2023 as investors continued to reel from the effects of high interest rates, according to data from venture capital firm Atomico.

Investing.com — The U.S. dollar edged higher in early European trade Tuesday, but remained near a three-month low as traders awaited key inflation data amid growing conviction that the Federal Reserve has completed its rate-hiking cycle.

Yesterday was a fairly uneventful day, with the S&P 500 falling roughly 20 bps. Meanwhile, the 2-year auction at 11:30 AM was fairly ugly, with the new issue tailing one bps, while indirect acceptance fell to 57.4% from 62% last month.

Investing.com -- U.S. stock futures oscillate around the flatline following a dip in the prior session, but equities remain on track to post November gains. Investors are also eyeing a potentially record-breaking amount of spending by American consumers on Cyber Monday. Elsewhere, reports say fast-fashion retailer Shein has confidentially filed for a U.S. listing, in what could be a boon for the stagnant IPO market.

The other top categories that topped sales were lifestyle and electronics during the recent festive shopping season. Mobile phones, adaptors, and earpods were the top-selling products in the electronics category with brands like Redmi, OnePlus and Boat taking the lead, according to the report. The report noted that 47% sales of beauty products were contributed by consumers in the 18-24 year age group. The report further flagged healthcare and nutrition as categories with greater awareness and demand, underscoring the competition among brands vying for limited space within marketplaces. Somdutta Singh, founder and chief executive at Assiduus Global Inc, said in a statement: “Embracing online shopping as the new norm, the Indian e-commerce sector is poised for remarkable expansion.” He said the surge was led by Gen Z and millennial consumers, indicating that the digitally savvy generation is dominating the online shopping space in India.

Noida Airport is progressing rapidly to meet the deadline of becoming operational in about a year. According to Noida International Airport (NIA) CEO Christoph Schnellmann, the final floor level of the passenger terminal has been completed and façade work has commenced, a TOI report stated.

Supreme Court on Tuesday issued directions for ensuring burial or cremation of bodies lying in mortuaries in Manipur, where ethnic clashes had claimed several lives in May. A bench headed by Chief Justice D Y Chandrachud noted that a report filed by the apex court-appointed all-woman committee of former high court judges, headed by justice (retd) Gita Mittal, has indicated the position of the bodies that are lying in mortuaries in the northeastern state. The bench, also comprising justices J B Pardiwala and Manoj Misra, said the report indicated that 169 of the 175 bodies have been identified while six have not been identified.

The international banking giants HSBC and Hang Seng Bank have joined China’s digital yuan pilot.

Examining the investment philosophies of renowned investors reveals a common emphasis on evaluating the quality of management as a crucial step in determining the viability of investment opportunities. Have you ever pondered the concept of management quality? How would you define it, and more importantly, how do you measure it to inform business decisions?

Silkyara: The rescuers on Tuesday successfully drilled through debris to reach 41 workers trapped for 17 days in a collapsed tunnel in Uttarakhand, reported PTI, citing officials. The rescuers are set to pull out the trapped workers safely.

Info Edge (India) Ltd. fell 1.23 per cent to Rs 4539.15 in Tuesday's session as of 01:44PM (IST) even as the equity benchmark Sensex traded 24.72 points lower at 65945.32. Earlier in the day, the stock witnessed a gap down start to the session.

Godrej Consumer Products Ltd. dropped 0.94 per cent to Rs 999.9 at 01:49PM (IST) in Tuesday's trade. The scrip hit a high of Rs 1009.5 and low of Rs 997.1 so far during the session.

Shashank Srivastava, Senior Executive Officer (Marketing and Sales), Maruti Suzuki India, says: “Yesterday, we filed with the stock exchange. We have said clearly that we will affect the price increase in January and that is because of the general inflationary pressure and also some of the commodity prices pressure. The combination of these two has resulted in our decision to increase the prices in January.” How are things? Things are okay.

Shares are mixed in Asia after Wall Street benchmarks edged lower as investors looked ahead to updates on inflation and how American consumers are feeling about the economy