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Mint had reported in January that the department of promotion of industry and internal trade (DPIIT) had asked for details of its shareholding patterns. The company is learnt to have cited US regulations for not providing the details of complete disclosure of ownership, as required by the commerce ministry, in this case.

The biggest American whiskey is losing its punch. Demand has been sliding for Jack Daniel’s Old No. 7 for months and the company behind it, Brown-Forman, is forecasting a sluggish U.S.

Investing.com — Here is your Pro Recap of the top takeaways from Wall Street analysts for the past week: upgrades for PepsiCo, Riot Platforms and Kingsoft Cloud; downgrade for Nuscale Power .

Bitcoin halving are around the corner, making the space favourable for growth and change. Crypto prices are surging on multiple factors, including cyclical surges, investor interest in spot bitcoin ETFs, and the Bitcoin halving event in April this year. As crypto matures and emerges as a solid asset choice, investors must adapt to cyclical shifts and make informed choices and strategic changes to ensure portfolio growth. In this context, investors must be more in tune with two critical facets of crypto research, fundamental and technical analysis, and use these methods effectively.

ICICI Securities Ltd its wholly-owned subsidiary. On Friday, Norges Bank Investment Management, which is the single-largest public shareholder in ICICI Securities, voted in favour of the resolution, according to a filing reviewed by Mint. Norway’s $1.55 trillion sovereign wealth fund is an influential voice in deciding the outcome of whether ICICI Securities would continue as a standalone listed business entity, as it owns 3.2%.

Citigroup Inc. were partying with clients one night in May 2018 at a downtown Manhattan hot spot called Catch. One of them, a recent college grad, had landed in the equities division for her two-year rotational program at the bank and had brought her roommate along to the party.

Aditya Vision, Crisil, HUDCO, REC, and SBI Card will trade ex-dividend, while Persistent Systems will trade ex-split this week. On Thursday, 28 March, Aditya Vision (Rs 5.1/share), Crisil (Rs 28/share), HUDCO (Rs 1.5/share), Prithvi Exchange (Rs 2/share), R Systems International (Rs 6/share), REC (Rs 4.5/share), SBI Cards and Payment Services (Rs 2.5/share), Standard Industries (Rs 0.5/share), and Thinkink Picturez (Rs 0.1/share) will trade ex-dividend.

GTRI said on Sunday. China's automotive industry, buoyed by substantial state support, has grown rapidly in electric vehicle technology, making it a leading exporter of EVs and related components, the Global Trade Research Initiative (GTRI) said. The renewed policy push to make India a hub for e-vehicle manufacturing and efforts of the private sector will lead to a sharp increase in dependence on auto component imports from China, the report said. India's auto component imports were USD 20.3 billion in 2022-23 of which 30 per cent came from China.

Stock market holidays in March 2024: BSE, NSE to remain closed on Holi, Good Friday Both MCX and NCDEX will also observe trading closure on Friday. According to the BSE holiday calendar, there are 14 trading holidays scheduled for 2024. Previously, the markets were closed on January 26 for Republic Day and March 8 for Shivratri.

gold in the last one week has been -1.93%, whereas in the last month it has been -5.87%. The cost of silver is Rs.76500.0 per kg Gold Rate Today in Delhi is ₹67991.0/10 grams. Yesterday’s Gold Rate on 23-03-2024 was ₹67985.0/10 grams, and last week’s gold rate on 18-03-2024 was ₹66674.0/10 grams.

UK and Oman are expected to figure in the commerce ministry's 100-day agenda roadmap for the new government, an official said. The ministry will also focus on issues pertaining to the exporting community with a view to promoting the country's outbound shipments. Further talks between India and Australia to expand the scope of existing economic cooperation and trade agreement (ECTA) for a comprehensive economic cooperation agreement (CECA) are also progressing at a healthy rate. The exercise assumes significance as while chairing a Cabinet meeting on March 17, Prime Minister Narendra Modi asked the ministers to meet secretaries and other officials of their respective ministries to discuss how the agenda for the first 100 days and the next five years can be better implemented.

Dalal Street investors despite being a truncated one, as all eyes will be on the launch of the ‘T+0’ settlement cycle by exchanges. Trading will take place for only three days in the week ahead, as stock markets are closed on Monday for Holi and on Friday for Good Friday.

Yemen Saturday by ballistic missiles fired by H0uthi rebels, who have intensified strikes on Red Sea shipping, the US military said. The Panamanian-flagged, Chinese-owned and operated Huang Pu issued a distress call but did not request assistance, US Central Command (CENTCOM) said in a statement on social media platform X early on Sunday.

Dharmesh Shah, Head-Technical, ICICI Direct, says “any correction in the PSUs from the current level should not be constructed as negative, but should be looked upon as a buying opportunity because we believe most of the negative news seems to be getting priced in there. Any dip from the current level is a buying opportunity. So, stocks like HAL or BEL, Bharat Electronics in the defence space and also Cochin Shipyard, one should definitely consider at the current levels.” Do you expect the Nifty momentum that we have been seeing on Thursday and Friday to sustain for the benchmark? Dharmesh Shah: Yes, definitely, I think so. If you see the recovery push after the Fed event, the sentiment seems to be slightly bullish. I would not say major bullish, but yes, it seems to be getting better and better going forward. We believe a target of 22,400 for the Nifty in the coming week. At the same time, we see 21,700 remaining as a strong support in the current trading session.

Also Read: FPIs pump ₹38,098 crore in Indian equities, debt inflows at ₹13,223 crore; Will the trend continue in FY25? Markets saw buoyancy on the global front triggered a rebound in the final sessions, which aided the index to close in the green. The indices rebounded as bargain hunters stepped in following the announcement from US Federal Reserve indicating a potential series of interest rate cuts throughout the year. Nifty 50 and Sensex prices settled the week at 22,096.75 and 72,831.94 up 0.33 per cent and 0.26 per cent respectively.

Los Angeles Lakers will play Indiana Pacers in a crucial regular NBA season game on Sunday, March 24 at 10:00 PM (ET) at Crypto.com Arena in Los Angeles, California. Basketball fans can watch the La Lakers versus Indiana Pacers on TV channels such as NBA TV. The live streaming will be available on Fubo.

While, IPL 2024 match between RR and LSG will be played at 3.30 pm (IST)/6 am (EDT). Night game between MI and GT is scheduled to start at 7.30 pm (IST)/10 am (EDT).

Brian Mulroney’s political “destiny” was clear to those who knew him even from a young age — but it was his deep love for his family that leaves those closest “heartbroken” by his death, the former prime minister’s daughter said at his state funeral in Montreal.“There was a destiny attached to my father that even in his youth, no one could deny,” said Caroline Mulroney, who delivered her father’s eulogy.Brian Mulroney, who was Canada’s 18th prime minister, died at age 84 on Feb. 29 in Florida. He led the country as a Progressive Conservative from 1984 to 1993.“To dad, everyone mattered,” said Caroline, recounting her father’s legacy and the pride he took in his Irish heritage and his upbringing in Baie Comeau, Quebec.“He became a truly great prime minister and a world leader.

Dividend Stocks: Shares of some companies such as SBI Cards and Payment Services, CRISIL Ltd, REC, among others will trade ex-dividend in the coming week, starting from Tuesday, March 26. Along with these, some other firms will also trade ex-split, ex-rights, and ex-bonus, according to data on the BSE. The ex-dividend date is the day on which the equity share price adjusts to reflect the next dividend payout.