Market ends marginally lower after another volatile session
On the losing side were Indusind Bank (2.30%), Trent (1.94%), Ultratech Cement (1.58%), Bharat Electronics (1.57%), and Mahindra & Mahindra (1.48%).
On the losing side were Indusind Bank (2.30%), Trent (1.94%), Ultratech Cement (1.58%), Bharat Electronics (1.57%), and Mahindra & Mahindra (1.48%).
These companies value higher than the GDP of India and the combined GDPs of UAE, Indonesia, and Spain.
Data from the National Sample Survey Survey (NSSO) said the unemployment rate for people aged 15 years and above in urban areas dipped to 6.4 per cent in the October-December quarter.
ICRA projected the economy to grow at 6.4 per cent in Q3 from 5.4 per cent in Q2, benefitting from enhanced government spending amid uneven consumption.
India and Qatar are set to strengthen their economic and trade ties with the India-Qatar Joint Business Forum, scheduled to be held here on Tuesday.
India's foreign exchange reserves on Friday fell by $3.85 billion to $524.52 billion for the week ending on October 21, according to the latest data released by the Reserve Bank of India (RBI).
Twitter's top executives stand to make a total of $88 million between them -- Parag Agrawal alone will get $38.7 million -- after being ousted by Elon Musk who has finally taken over the micro-blogging platform in a $44 billion takeover deal.
Elon musk has finally completed his $ 44 billion Twitter deal after a legal battle with Twitter. Soon after the acquisition, he sacked Parag Agrawal as CEO of the micro-blogging site. He also intends to reverse the permanent ban on users, Bloomberg reported.
The investment, said the company, will enable it to accelerate its plans to attain leadership in the smartwatches category, scale up its business both within and outside India and further strengthen its R&D and design capabilities.
Apple iPhone revenue grew 10 per cent (year-over-year) to a September quarter record of $42.6 billion, the company has announced, as the Indian market sees bumper iPhone sales led by the new 14 series.
