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Economic Buzz: US pending home sales plunge to all-time low in January

Mumbai, Feb. 28 -- A report released by the National Association of Realtors on Thursday showed pending home sales in the U.S. plunged by much more than expected in the month of January, extending the... Read More


Economic Buzz: US unemployment claims climb to two-month high

Mumbai, Feb. 28 -- The Labor Department released a report on Thursday showing first-time claims for U.S. unemployment benefits climbed much more than expected in the week ended February 22nd. The rep... Read More


Economic Buzz: US Q4 GDP growth unrevised at 2.3%

Mumbai, Feb. 28 -- A report released by the Commerce Department on Thursday showed the U.S. economy grew in line with its preliminary estimate in the fourth quarter of 2024. The Commerce Department s... Read More


Economic Buzz: US durable goods order rebound in January

Mumbai, Feb. 28 -- Reflecting a substantial rebound by orders for transportation equipment, the Commerce Department released a report on Thursday showing new orders for U.S. manufactured durable goods... Read More


Orient Technologies appoints Gourav Modi as CFO

Mumbai, Feb. 28 -- Gourav Modi will succeed Sunil Kumar as CFO, as Sunil Kumar will retire effective March 31, 2025. At Orient Technologies, Gourav Modi will be responsible for overseeing the financi... Read More


IIFL Finance approves issuance of NCDs up to Rs 150 cr

Mumbai, Feb. 28 -- IIFL Finance has approved the issuance of up to 15,000 Secured, Listed, Rated, Redeemable Non-Convertible Debentures - Series D31 amounting to Rs 150 crore with a base issue size of... Read More


Metro Brands fixes record date for interim dividend and special dividend

Mumbai, Feb. 28 -- Metro Brands has fixed 07 March 2025 as record date for the purpose of ascertaining the eligibility of shareholders for payment of Interim of Rs 3 per share and Special Dividend of ... Read More


Board of MPS approves raising Rs 300 cr via equity issuance

Mumbai, Feb. 28 -- The Board of MPS at its meeting held on 28 February 2025 has approved raising fund up to Rs 300 crore by way of issuance of equity shares through qualified institutional placement. ... Read More


Suven Pharmaceuticals receives credit ratings from CRISIL

Mumbai, Feb. 28 -- Suven Pharmaceuticals announced that CRISIL has assigned/ reaffirmed the following ratings to the Bank facilities of the Company as under: Long Term Rating - CRISIL A+/Watch Positi... Read More


Prakash Industries receives ratings action from CARE

Mumbai, Feb. 28 -- Prakash Industries announced that CARE Ratings has assigned the Credit Rating CARE BB for long term facilities of the Company. Published by HT Digital Content Services with permiss... Read More