Financial services company Capital Group on Wednesday offloaded 4.3 per cent stake in cash logistics solutions provider SIS for over ā¹258 crore through open market transactions, while Abu Dhabi Investment Authority bought shares in the company. US-based Capital Group, through its two affiliates Smallcap World Fund and American Funds Insurance Series Global Small Capitalization Fund,…
The Indian stock markets will be closed for a total of 10 days including weekends in August 2024. The Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) will be closed for the entirety of the 10 days in the month of August. Here is a list of holidays for August, investors and traders…
Larsen and Toubro: L&T reported a 12% YoY increase in its consolidated net profit, reaching ā¹2,786 crore for Q1 ending June 30, 2024. Despite the geopolitical situation, the company achieved steady growth across all financial parameters in Q1 FY 2024-25. The company secured orders totaling ā¹70,936 crore at the group level in the first quarter,…
Finance Minister Nirmala Sitharaman is all set to present the Union Budget for 2024-25 on Monday, July 23. The Union Budget has been a key trendsetter for the Indian stock market, with the announcement being associated with market volatility. According to data available from the last ten years, the Indian market closed in a negative…
