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Subscribe to enjoy similar stories. This fall, the TGI Fridays chief financial officer, operations chief, general counsel and head of procurement quit. “We can no longer, in good faith, continue to be employed by the company and risk our own personal liability for the company’s further operations and obligations," the four executives wrote in a letter to the board, a copy of which was viewed by The Wall Street Journal.

Domestic benchmark index NSE Nifty ended 63.21 points at 23813.4, while the BSE Sensex closed 226.59 points up at 78699.07.

Simbhaoli Sugars Ltd.(up 1.65%), Triveni Engineering & Industries Ltd.(up 1.28%), Ugar Sugar Works Ltd.(up 1.26%), Avadh Sugar & Energy Ltd.(up 1.09%), EID Parry(India)Ltd.(up 0.77%), Rajshree Sugars & Chemicals Ltd.(up 0.58%), Sakthi Sugars Ltd.(up 0.52%), KCP Sugar & Industries Corporation Ltd.(up 0.35%), Vishwaraj Sugar Industries Ltd.(up 0.28%) and Balrampur Chini Mills Ltd.(up 0.05%) stood among the top gainers.

Shares of IndusInd Bank Ltd.(up 2.31 per cent), IDFC First Bank Ltd.(up 1.25 per cent), ICICI Bank Ltd.(up 0.79 per cent), Au Small Finance Bank Ltd.(up 0.72 per cent) and HDFC Bank Ltd.(up 0.42 per cent) ended the day as top gainers in the pack.

The S&P BSE Sensex settled at 78,699, up by 226.6 points or 0.29% while the broader Nifty 50 index closed at 23,813.40, higher by 63.20 points or 0.27%.

Canadians preparing to head to the polls in the new year are likely to be voting with their wallets.

Fujita Corporation backed Neilsoft, a technology-driven, pure-play engineering services and solutions (ER&D) company with over 20 years of experience in servicing global customers, has filed its Draft Red Herring Prospectus (DRHP) with capital markets regulator, Securities and Exchange Board of India (SEBI) to raise funds through Initial Public Offering (IPO). The IPO, with a face value of Rs 5, is a mix of fresh issue of shares up to Rs 100 crore and an offer-for-sale for sale up to 8 million shares by promoters and other selling shareholders.

The IPO, with a face value of Rs 10, combines a fresh issue of up to 36 lakh equity shares and an offer for the sale of up to 42 lakh equity shares by promoter-selling shareholders.

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LTIMindtree Ltd. 0.91 per cent to Rs 5698.20 at 12:38PM hours (IST) on Friday. Earlier in the day, the stock saw a gap up start to the session. As per data available on BSE, total traded quantity on the counter stood at 4,006 shares with a turnover of Rs 2.29 crore till 12:38PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 36.25, while the price-to-book value ratio stood at 7.30.

Bandhan Bank Ltd. 0.03 per cent to Rs 161.45 in Friday's session as of 12:43PM (IST) even as the equity benchmark Sensex traded 273.23 points at 78745.71. Earlier in the day, the stock witnessed a gap up start to the session. The stock quoted a 52-week high price of Rs 263.15 and a 52-week low of Rs 157.10 on NSE. Around 438164 shares changed hands on the counter till 12:43PM (IST).

Shoppers flocked to malls on Thursday to take advantage of Boxing Day deals made more enticing by the federal government’s GST holiday, but some say the lower prices aren’t enough to keep up with the country’s cost of living.

The themes we would like to invest in during the current environment are largely domestic-facing sectors, such as Capex in the power sector, industrials, capital goods, and telecoms, due to robust domestic tailwinds. We also favor the “Make in India” stories in chemicals and healthcare, despite the possible increase in tariffs from the US in the future.

Subscribe to enjoy similar stories. India’s capital market participation has got a significant boost with the introduction of a new investment product category: Specialized Investment Funds (SIFs). Not long ago, the nation needed campaigns like Mutual Funds Sahi Hai and SIPs Sahi Hai to encourage awareness.

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Bengaluru-based Abhinav Jain (34) completed his B Tech and started working as a chemical engineer in 2012. But his passion lay elsewhere – in the financial services industry. He heard about the chartered financial analyst (CFA) certification, which comprises three levels (exams), and took the first one in 2018. He then found out it would only get him entry-level jobs and that he would need to complete an MBA in finance, too. He couldn't start afresh, so he continued with his old job, eventually quitting in 2022 to become a mutual fund distributor.

Subscribe to enjoy similar stories. Cantabil Retail India Ltd faced setbacks after 2010 but rebounded with strategic restructuring. Now debt-free, it targets ₹1,000 crore in sales by FY27, expanding its store presence, boosting margins, and leveraging e-commerce.

Domestic benchmark index NSE Nifty gained 121.8 points to 23872.0, while the BSE Sensex traded 400.92 points up at 78873.4.

«If this means that government has to cut down on government expenditure and that does not augur well for the infrastructure companies. If we look at post the COVID, both the corporate sector and the government have been reducing their debt,» says Manish Sonthalia, Emkay Investment Managers. We are perhaps ending the year on a bit of a sombre note because last couple of months have been all about correction. But do you see this correction protrude into 2025 or is it going to be a different picture? Manish Sonthalia: So, everything hinges on what happens in the budget and we are looking at the budget exactly one month's time. And, of course, the problems are well known. It is the slowdown in consumption. It is the slowdown in spending. So, these things need to be addressed. Otherwise, corporate earnings do not look like having more than a 10% to 12% growth.