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L&T on Friday said it will sell its 100 per cent stake in subsidiary L&T Infrastructure Engineering Ltd (LTIEL) to a French entity.This transaction aligns with the company's commitment to focus on its core businesses and assets."L&T...has announced the divestment of its 100 per cent stake in L&T Infrastructure Engineering Ltd ," the company said in a statement.LTIEL is a provider of standalone engineering consultancy services for the infrastructure sector.The stake will be acquired by STUP Consultants Pvt Ltd, a subsidiary of Assystem SA of France.The transaction, which is subject to meeting certain conditions, is likely to be completed before January 15, next year. (PTI)PB Fintech, the parent company of Policybazaar, disclosed its financial performance for the second quarter of fiscal year 2023-24 (Q2FY24) on November 4.

Hindustan Times that the panel is likely to recommend strict actions against Moitra which might include disqualification for the remaining Lok Sabha sessions. It also told HT that the panel might draw inspiration from a related cash-for-query case dated 2005, wherein all 11 Members of Parliament suspected of accepting payment in exchange for their questions were disqualified. Earlier on 2 November, the opposition members accused the Lok Sabha Ethics Committee panel chief of asking personal, unethical questions to TMC MP Mahua Moitra in regards to the case.

Sensex climbed 282 points to settle at 64,363 and the Nifty went up 97 points to end at 19,230. Stocks that were in focus included names like Arvind Fashion, which gained 5.85%, Adani Ports, which jumped 2.67%, and IRFC, whose shares declined 1.23% on Friday. Here's what Pravesh Gour, Senior Technical Analyst at Swastika Investmart, recommends investors should do with these stocks when the market resumes trading today. Arvind Fashion — Buy The counter has been traveling in a long consolidation range for the last year. A long move will only be expected above Rs 390 levels.

William J Burns, arrived in Israel on Sunday to hold discussions with leaders and intelligence officials, the first stop in a multi-country trip in the region, New York Times reported citing US officials. The visit comes as the US is trying to prod Israel to pursue a more targeted approach to attacking Hamas, allow pauses in the fighting for aid to enter Gaza and do more to avoid civilian casualties, according to NYT. Washington is also looking to expand its intelligence sharing with Tel Aviv, providing information that could be useful about hostage locations or any follow-on attacks by Hamas. A US official briefed on Burns' trip said that he planned to reinforce the American commitment to intelligence cooperation with partners in the region. Burns will travel to several Middle Eastern countries for discussions about the situation in Gaza, ongoing hostage negotiations and the importance of deterring the war with Hamas from widening to a broader context, NYT reported citing the US official. US officials have been visiting Israel at a regular cadence since war broke out after Hamas fighters attacked Israeli towns on October 7 and killed more than 1,400 people. Israel has retaliated with a massive counteroffensive including air campaign and ground invasion into Gaza, where Hamas is in control. More than 9,000 Palestinians have been killed in airstrikes since Israel began retaliating, according to Gaza's health ministry.

Buy or sell stocks for today: Following strong global market sentiments, Indian stock market ended higher for second straight session on Friday. Nifty 50 index gained 97 points and ended at 19,230 levels, BSE Sensex shot up 282 points and finished at 64,363 mark while Bank Nifty index went up 301 points and closed at 43,318 levels.

By Simon Jessop

Brookfield and EIG are ramping up their campaign to convince Origin Energy shareholders of the merits of their sweetened $20 billion takeover offer, in an effort to secure the 75 per cent support they need despite opposition from the major electricity and gas supplier’s biggest investor.

By Louis Juricic and Sarina Isaacs

BAGHDAD (Reuters) — U.S. Secretary of State Antony Blinken paid an unannounced visit to Iraq on Sunday, as he tours the Middle East attempting to tamp down tensions after war erupted between Israel and Palestinian militants Hamas last month.

Floki has unveiled its new platform, TokenFi, aimed at easing the crypto and asset tokenization process. This revelation comes at a time when the tokenization domain is foreseen to swell to a staggering $16 trillion by 2030. The announcement made on October 26, 2023, underscores Floki's strategic intent to carve a niche in this trillion-dollar realm, further amplified by the backing of BlackRock, the world’s premier institutional investor overseeing $10 trillion in assets. BlackRock's endorsement, referring to tokenization as «the next evolution in markets», adds a layer of institutional credibility to the sector's prospective expansion.

World Cup is at the top of the chart and is one of the main reasons for South Africa's brilliant performance in the World Cup. His highest score in this World Cup is 174 runs. He will next play against Afghanistan on 10 November before playing in the semis later Virat Kohli has been instrumental in some of India's wins while chasing targets more than a couple of times.

NEW DELHI : Germany is keen to expand its development partnership with India in strategic third countries, a year after the two countries unveiled a program to cooperate in Peru, Malawi, Ghana, and Cameroon. While the India-Germany cooperation in these countries has been focused on climate and sustainability, Germany is interested in expanding the programme to include healthcare projects and sponsoring health-related research and development in Africa, said Jochen Flasbarth, state secretary in Germany’s Federal Ministry for Economic Cooperation and Development, in a press interaction in New Delhi.

Moitra on Sunday alleged the BJP is planning «criminal cases» against her, days after she appeared before the Lok Sabha Ethics Committee in connection with the «cash for query» allegations against her. She also reiterated her charge that ethics committee chairperson Vinod Kumar Sonkar asked her «cheap» and «irrelevant» questions during the hearing on November 2. In a post on X, Moitra said, «Shaking in my skin to know BJP planning criminal cases against me.» «Welcome them — only know that CBI and ED need to file FIR against Adani for Rs.

OceanaGold (OTC:OCANF) Corp, through its subsidiary OGPI, has revised its annual gold production guidance for its Didipio mine in the Philippines. The new estimate is now set at 135,000 ounces, an increase from the initial forecast of 120,000 to 130,000 ounces. Despite facing challenges in the mill zone pit at Haile in Q3 2023, CEO Gerard Bond confirmed they are on track for their annual output thanks to robust performance at Didipio and Macraes mines.

poll-bound states, political leaders have started visiting temples to seek blessings. Congress leader Rahul Gandhi on Sunday offered prayers at the reverred Kedarnath Temple in Uttarakhand, while Prime Minister Narendra Modi offered prayers at Maa Bamleshwari temple in Chhattisgarh's Rajnandgaon district. In a post on X, the Congress party said, “Jai Baba Kedarnath.

HROZA, Ukraine—When the Mamon brothers were growing up in this farming village near the border with Russia, Andriy Kozyr would occasionally stop by the family’s house. Once, returning from a construction job abroad, he brought them a scooter and a toy gun, plus cognac for their parents. That’s how people got along in Hroza before the Russians marched in early last year.

By Guy Faulconbridge

Historically, shifts in the CBOE Volatility Index positioning have consistently coincided with stress level peaks, triggering counter-directional movements in the stock market.

Ethics Committee will meet on November 7 to consider and adopt its draft report in relation to the 'cash-for-query' allegations levelled against TMC MP Mahua Moitra by BJP's Nishikant Dubey. The meeting for adopting the draft report means that the committee headed by BJP MP Vinod Kumar Sonkar has finished its enquiry and will now be making its recommendation after its members ranged along party lines in their last deliberations on November 2.

Indraprastha Gas Ltd (IGL) should sail through this financial year, but it is the next one that looks tough in the face of the Delhi government’s push for faster transition to electric vehicles (EVs). IGL’s management has clung to its exit volume guidance of nine million metric standard cubic meters per day (mmscmd) for FY24. The current volumes are 8.5 mmscmd.

Tata Motors Ltd’s (TaMo’s) British subsidiary, Jaguar Land Rover Automotive Plc (JLR) has come a long way—from failing to meet the margin target in FY23 to raising the guidance in FY24. Recall that in FY23, JLR had clocked an Ebit (earnings before interest and tax) margin of 2.4%, lower than the 5% guided when the year began. For FY24, it has raised Ebit margin target to 8% from 6% plus earlier.