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EURUSD holds above $1.09 mark; maintaining price stability will be a formidable task, says ECBs Lagarde

Mumbai, March 12 -- The level of uncertainty we are facing is exceptionally high, said European Central Bank president Christine Lagarde at a speech on Wednesday. Established certainties about the int... Read More


PB Fintech drops on plan to inject Rs 696 crore into healthcare arm

Mumbai, March 12 -- The capital infusion, which is subject to shareholder approval via a postal ballot, will be executed through the subscription or purchase of equity shares and compulsory convertibl... Read More


Consumer price inflation falls to lowest since July 2024, food prices see sharp slide

Mumbai, March 12 -- Ministry of Statistics & Programme Implementation stated in a latest update that year-on-year inflation rate based on All India Consumer Price Index (CPI) for the month of February... Read More


Index of industrial production expands 5% on year in January 2025

Mumbai, March 12 -- The Quick Estimates of Index of Industrial Production (IIP) showed today that the IIP growth rate for the month of January 2025 is 5 percent, marking an improvement over the 3.2 pe... Read More


Quick Wrap: Nifty IT Index declines 2.91%

Mumbai, March 12 -- Nifty IT index ended down 2.91% at 36310.65 today. The index is down 15.00% over last one month. Among the constituents, L&T Technology Services Ltd slipped 5.43%, Infosys Ltd shed... Read More


Aptus Value allots 10-year NCDs worth Rs 200 cr

Mumbai, March 12 -- The company allotted 20,000 secured, redeemable, rated, listed, NCDs having a face value of Rs 1 lakh each, aggregating up to an amount of Rs 200 crore on a private placement basis... Read More


Nifty ends below 22,500; VIX slides 2.70%; IT shares tumbles for 4th day

Mumbai, March 12 -- The domestic equity indices ended with minor cuts on Wednesday as investors awaited for domestic economic data and the U.S. consumer price inflation report. The Nifty settled below... Read More


Nippon Life India Asset Management announces cessation of director

Mumbai, March 12 -- Nippon Life India Asset Management announced that Ameeta Chatterjee (DIN: 03010772) will be completing her second term as an Independent Director of the Company and thereby shall ... Read More


Nippon Life India Asset Management appoints director

Mumbai, March 12 -- Nippon Life India Asset Management has appointed Sonu Bhasin (DIN: 02872234) as an Additional Director, designated as Independent Director for a term of five (5) consecutive years ... Read More


Kirloskar Oil Engines announces resignation of director

Mumbai, March 12 -- Kirloskar Oil Engines announced that Mahesh Chhabria has resigned from the post of non-executive non-independent director on board of the company with effect from 31 March 2025. P... Read More