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Nifty ended below 19,700 levels after inching very close to 20,000 levels last week. Sectorally, PSU Bank pack emerged as the top laggard. From the Nifty pack, top gainers in a range-bound trade were stocks like Hindalco, Tata Steel, JSW Steel and UltraTech Cement.

Nifty was under pressure for the third day in a row and moved sideways throughout the session, finishing with small gains at 19,681 levels. Auto stocks were also in the spotlight, thanks to good results from TVS, Bajaj Auto, and Tata motors. Profit booking occurred on the Nifty as a result of mixed corporate earnings and poor global indications.

₹3,338 crore, fell by 14% from a year earlier, while Ebitda fell 30% to ₹696 crore. The firm’s mainstay chemicals business, which contributed 50% of FY23 revenue, saw an Ebit margin contraction of 750 basis points sequentially to 27.7%. The management said, within chemicals, fluorochemicals was impacted both in terms of volumes and price.

Chetan Bhagat, India’s original influencer, is unhappy with influencers. Or so he wrote in a recent column in The Times of India, where he suggested that influencers have sucked the joy out of travel and hospitality, one reel at a time. This after having seen a reel made by a “reasonably popular food influencer" about this quaint little café at a small distance from where he lives.

Prudent Corporate Advisory Services reported a 29% year-on-year (YoY) growth in revenue from operations at Rs. 165.4 crores for the June quarter, driven by a 22% growth in average quarterly assets under management (AUM) in the mutual fund vertical coupled with the insurance revenues doubling.

By Fergal Smith

The partnership between ValueFirst and VSPAGY brings together their extensive expertise and industry knowledge to develop innovative solutions that enhance customer engagement and drive business growth. By combining ValueFirst's deep understanding of communication technologies and messaging channels with VSPAGY's advanced capabilities of creating personalized and interactive experiences over video, the collaboration aims to redefine the landscape of communication solutions.As businesses strive to adapt to rapidly evolving customer expectations, effective and personalized communication has become a paramount requirement.

By Clare Jim and Karin Strohecker

Here is your Pro Recap of the biggest analyst cuts you may have missed since yesterday: downgrades at American Express, Progressive, Estee Lauder, and ZoomInfo Technologies.

Indian Space Research Organisation (ISRO) on Tuesday said that the Chandrayaan-3 has successfully performed the fifth Orbit-raising manoeuvre, also known as earth-bound perigee firing. «The spacecraft is expected to attain an orbit of 127609 km x 236 km.

thief, who had a long spree of robberies including 1,200 burglaries across 14 states over 25. As per ToI report, Police finally got the custody of Nadeem Qureshi (45) in connection with a burglary at Sourav Abasan in Salt Lake that occurred two years ago. He was known for his extravagant lifestyle, owning a range of sedans and dressing up in corporate formals.

TV Narendran, MD, Tata Steel, says in Europe high energy prices have impacted a lot of the mid-sized and smaller companies and many of them may be vendors, many of them customers and they are a bit fragile and that has an impact on steel consumption as well. Inflation is still persistent and so central banks are increasing rates.

Bidhannagar Police on Monday got custody of a high-flying thief, Nadeem Qureshi in connection with a two-year-old burglary at Sourav Abasan in Salt Lake, TOI reported. Qureshi, 45, has committed as many as 1,200 odd burglaries across 14 states over 25 years. The burglar king owns properties worth crores in Mumbai and Pune, the police said.

A post shared by Mark Zuckerberg (@zuck) Amidst rumors of a potential cage fight with Elon Musk, this achievement showcases Zuckerberg's dedication to his jiu-jitsu journey and passion for martial arts. And fans cite that this might be a fresh challenge for Musk.

Alok Jain, who quit Disney Star recently, has joined Viacom18 as President and Head of Colors Hindi and Regional, with an additional mandate to oversee the regional digital content rollout. The hiring comes at a time when Viacom18 is focused on making Colors the top Hindi GEC in the nation. Jain will effectively be Viacom18 CEO for TV business and digital-regional content Kevin Vaz's deputy in the Viacom18 hierarchy.

rupee gained 14 paise to 81.67 against the US dollar in early trade on Tuesday tracking the weakness of the American currency in the overseas market. However, a surge in crude oil prices capped sharp gains for the local unit, forex traders said. At the interbank foreign exchange, the domestic unit opened at 81.74, then touched a high of 81.67 against the American currency, registering a rise of 14 paise over its last close.

US Federal Reserve meeting, due on Wednesday. S&P Global said its flash US Composite PMI index, which tracks manufacturing and service sectors, fell to a reading of 52 in July from 53.2 in June. The data reinforced expectations that the near-certain rate hike by the US central bank this week would be the last of the current cycle, Reuters reported.

Doval has met top Chinese diplomat Wang Yi and discussed bilateral ties with him. The meeting took place on the sidelines of the Friends of BRICS meeting here in South Africa on Monday. The meeting came days after External Affairs Minister S Jaishankar met Wang, director of the Office of the Foreign Affairs Commission of the Communist Party of China Central Committee, in the Indonesian capital Jakarta, and discussed outstanding issues relating to peace and tranquillity in border areas.

Jane Birkin, whose funeral was graced by celebrities and live-streamed to the crowds outside Saint Roch church. Birkin, known for her successful film roles, songs and inspiration for the Hermès Birkin bag, had a significant artistic relationship with French songwriter Serge Gainsbourg. Her iconic track «Je T'aime… moi non plus» faced bans and Vatican condemnation due to its explicit lyrics. The fashion icon, recognized for her flared jeans and distinctive fringe, passed away at 76 in her Paris home last week. Celebrities like Vanessa Paradis, Catherine Deneuve, Isabelle Huppert and Charlotte Rampling paid their respects at the funeral. French First Lady Brigitte Macron and Birkin's daughters, Charlotte Gainsbourg and Lou Doillon, also attended. The emotional gathering witnessed heartfelt speeches from Gainsbourg and Doillon, who expressed their love and gratitude for their extraordinary mother. The square in front of the church was adorned with flowers, showcasing the deep affection France holds for Birkin. Banners reading «Jane Forever» and «Thank you Jane Birkin» adorned the scene as her songs resonated through the crowd. Emotions ran high as well-wishers paid tribute to the beloved star. Marie-Pierre Frapart, 63, shared her sentiments, stating, «I came to pay tribute to our little Englishwoman», to AFP.

Investing.com — Pressing on with gains from four weeks, oil bulls targeted $80 per barrel for U.S. crude on Monday — and correspondingly higher prices for global benchmark Brent — as they turned what would typically be a mundane three-day stretch before a Federal Reserve rate decision into a hive activity.

New Delhi: India’s No2 carrier, Bharti Airtel‘s business to business division has achieved a significant milestone in the Internet of Things (IoT) space, surpassing 20 million connected devices, the first enterprise to achieve this feat. According to Frost & Sullivan data, Airtel’s B2B division had a 54.3% share in this market in FY23.