Stage Financial News

GRM Overseas has sold a more than 3 percent stake in GRM Foodkraft Pvt. Ltd. (“Foodkraft”), a subsidiary of GRM Overseas Ltd.

LIC Housing Finance, one of India's largest housing finance companies (HFCs), has witnessed a robust surge in its shares, yielding a remarkable 63% return over the past nine months. The stock gained momentum in March after a sluggish start in the first three months of CY23. In the previous trading session, it jumped 5% to record a new 52-week high of ₹544 apiece.

British payments startup SumUp, known for its small card readers, on Monday announced it has raised 285 million euros ($306.6 million) in a bumper round of funding that values the company north of $8.6 billion.

As we navigate the ever-evolving crypto landscape, the question inevitably arises: which tokens offer the most promise for significant growth and impact in the coming year? While numerous contenders seek attention, two projects stand out among the rest: Solana (SOL) and Retik Finance (RETIK).

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foldable phone and even harder to sell them. Foldables do make for an enticing idea, yet questions remain about their durability in the rugged world of pockets and purses. The cost doesn’t help — they might be coveted by a select few but hardly have been embraced by the masses. Furthermore, the software landscape for foldables is still in its nascent stages, like a toddler learning to walk. Yet, the market is slowly gaining traction and the latest entrant is OnePlus with its first foldable phone — OnePlus Open (costs `1,39,999) and is one of the most expensive phones you can buy.

ITC’s pivot to fast moving consumer goods (FMCG) has helped the company to not just diversify and reduce dependence on its traditional tobacco business, but to also give a clear road map on its next stage of growth. A look at ITC’s top line shows the revenue share of its tobacco business has nearly halved—from 62% in FY14 to 37% in FY23. This change can’t come about unless you understand the Indian consumer. Sanjiv Puri, chairman and managing director of ITC, is among the few executives who has a finger on their pulse.

I'm a Celebrity 2023 happened as the sixth contestant bid farewell, leaving just a few days until the ultimate winner is declared. The series started its eliminations on Sunday (3 December), and the campmate securing the fifth position has been revealed. Ant and Dec unveiled the outcome of the vote in the recent episode that aired on Friday, December 8th. JLS singer and TV host Marvin Humes faced elimination, finding himself in the bottom two alongside Josie Gibson. Humes's exit now leaves Josie Gibson, Tony Bellew, Sam Thompson, and Nigel Farage as the remaining four celebrities in the competition.

teen drama, Euphoria, is poised to make a triumphant return with its much-anticipated third season. Known for its raw and at times confronting portrayal of teenage life and addiction, the series has garnered immense popularity, thanks to the stellar performances of its lead actors, notably Zendaya. As the fans eagerly await the forthcoming installment, here's an exploration of everything known so far about Euphoria Season 3.

desired outcomes such as localisation of medical technologies, bulk drugs, electronics, and specialty steel among others, top government officials said Saturday. Addressing a session during 96th Annual Convention of the Federation of Indian Chambers of Commerce & Industry (FICCI), IT secretary, S Krishnan also said that the Digital Personal Data Protection (DPDP) rules will be ready in a few weeks. “The DPDP Act balances the need for regulation, and personal data being secure against the need for innovation.

Chris Evert, the tennis icon turned commentator, will be absent from the 2024 Australian Open broadcast as her ovarian cancer has reappeared. This marks the latest development in her two-year-long struggle since the initial diagnosis, with Evert confirming her inability to travel to Australia for the tournament in a released statement. Evert shared that a PET scan detected cancer cells in her pelvic region, leading her to undergo robotic surgery this week. Subsequently, she is scheduled for chemotherapy. Despite missing the upcoming Australian Open broadcast, the 18-time Grand Slam winner assured she'll be prepared for the rest of the Grand Slam season.

India's 'biggest' IT raids has raised political temperature as the BJP has launched an attack against the Congress MP Dhiraj Sahu. The Rajya Sabha MP also came under the IT department's scanner in the matter. So far, the agency has recovered around ₹290 crore of black money from the raid and the number is bound to rise as the counting of cash continues on Saturday.

Grand Theft Auto 6. Following years of meticulous development shrouded in secrecy, the curtain was finally lifted, offering a glimpse into the sixth installment of the renowned sandbox gaming franchise.

The Starknet Foundation has unveiled plans to distribute 1.8 billion STRK token rewards and rebates to drive the adoption and growth of the Starknet blockchain.

Reserve Bank of India (RBI) Governor Shaktikanta Das did so on Friday. In just about two hours after what appeared to be a declaration of victory over inflation after nearly 20 months of tense battle, Das damped it. «We do not communicate anything inadvertently, let me make it very clear,» Governor Das told reporters during the customary interaction after the latest policy review that was earlier interpreted as setting the stage for an easing of monetary policy.

The Finals, a new FPS game designed for intense matches, has arrived. Players engage in battles within destructible environments, striving for dominance. Here's a concise overview of The Finals, covering its release date, platforms and trailers.

Vedanta Resources, the London-based parent of India's oil-to-metals conglomerate Vedanta, is close to finalizing a $1.25 billion loan availed jointly from Standard Chartered Bank and Cerberus Capital Management that could help it avert a default on bonds due in January, said people aware of the matter. Standard Chartered Bank will underwrite $950 million of the $1.25 billion financing while New York-based Cerberus Capital will cover the remaining $300 million, the people said requesting anonymity. Other credit investors could join as Standard Chartered Bank is expected to distribute or «sell down» its share of the loan, they added. The loan could have a tenor of about three years with interest rate in the 'high teens', the people said. Standard Chartered Bank is in talks with Davidson Kempner, Ares Management and Varde Partners to distribute a portion of its $950 million loan commitment. Vedanta Resources confirmed to ET that it was close to finalising the financing arrangement. «We are in the process of finalising the raising of $1.25 billion for the purposes of refinancing and managing our upcoming maturities,» said a spokesperson for Vedanta Resources.

India vs South Africa: The stage is set for India's tour of South Africa and the young Indian team already reached Durban on 6 December. The series encompasses 3 T20 internationals from 10 December, 3 One Day Internationals (ODIs) from 17 December, and 2 Test matches from 26 December. The matches in the T20 and Test format will be most crucial for Team India ahead of the T20 World Cup next year and from the standpoint of the ICC World Test Championship.

ethanol blending target by 2025-26 and said the ban on the use of sugarcane juice and sugar syrup has been imposed as a «temporary» step due to lack of clarity on cane output for the current season. However, the government has a plan in place to promote ethanol production through various feedstock such as B and C-heavy molasses, damaged rice and maize. The government also said the situation has not reached a stage for the country to undertake the import of ethanol.

Time plays a crucial role in making your dream come true. When it comes to buying a house, it is crucial to know when you are ready to purchase your dream home. Many a times, people hurry their purchase without having financial preparedness and end up facing challenges arranging the required funds.

As we move towards the end of 2023, milestones are achieved, and trends shift at a remarkable pace. The recent rally in the Shiba Inu (SHIB) coin is a testament to the dynamic nature of this space.