Search Results for: financial sector

LG Corp to cancel own shares worth $356.8 bn by 2026 to boost corporate value

LG Corp, the holding company of LG Group, said on Friday it will cancel its own shares worth 500 billion won ($356.8 million) by 2026 as part of a corporate value enhancement programme.

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No engagement with Adani Group, claims baseless: BJD

Odisha's former ruling Biju Janata Dal (BJD) on Friday clarified the power purchase agreements (PPAs) in the state with the Adani Group, saying that claims being made regarding the state are "baseless and incorrect".

1 hour ago

india forex reserves, fii buying, rbi data on foreign exchange reserves, fii debt buying, fii equity buying, indian stock markets, foreign investors in indian stock markets, pm modi, modi govt completes 3 years

India's foreign exchange reserves stand at $657.89 billion

India's foreign exchange reserves stood at $657.89 billion while the gold component of the kitty was valued at $65.75 billion, as of November 15.

1 hour ago

Adani Enterprises to launch maiden Rs 800 crore retail bond issue on September 4

Adani Group stocks rebound as Sensex and Nifty surge

Stocks of the Adani Group companies rebounded on Friday, led by Ambuja Cements and ACC Ltd, after witnessing a sharp sell-off amid US government department allegations, which the Group has vehemently denied as "baseless".

1 hour ago

J&K Panchayat elections 2025: Congress, BJP, NC, PDP begin preparations [details]

The political scene in J&K is abuzz with activity as preparations for the upcoming Panchayat elections, scheduled for next year, intensify. Political parties, including the NC and the PDP, which boycotted the 2018 elections, are now actively engaging with voters.

1 hour ago

Sensex, Nifty close at all-time high, led by metal and auto shares

Bulls roar on Dalal Street; Sensex and Nifty up over 2 percent

Bulls roared on the Indian benchmark indices on Friday as Sensex surged more than 1,961 points and Nifty 557 points, while the stock market witnessed a significant broad-based rally from the oversold territory, predominantly led by large-cap stocks.

3 hours ago

Meta purges over 2 million accounts linked to scam centres

Meta has purged more than two million accounts linked to scam centres in Myanmar, Laos, Cambodia, the United Arab Emirates (UAE) and the Philippines.

3 hours ago

India and Japan bolster defence ties, explore air domain cooperation

India and Japan forge stronger defence ties, to explore air domain cooperation

India and Japan on Friday agreed to explore new areas of cooperation in the air domain as Defence Minister Rajnath Singh wrapped up his productive three-day visit to Laos by holding two significant meetings with his Japanese and the Philippines counterparts on the sidelines of the 11th ASEAN Defence Ministers' Meeting-Plus (ADMM-Plus) forum.

3 hours ago

Centre releases Rs 448 crore as grant for rural local bodies in Karnataka

The Union government has released Rs 448.29 crore for the rural local bodies in Karnataka as the first instalment of the 15th Finance Commission grant to the state during the Financial Year 2024-25, according to an official statement issued on Friday.

3 hours ago

Mumbai, Delhi ranked among top 5 prime residential markets in Asia-Pacific

Mumbai and Delhi have been ranked among top 5 Asia-Pacific prime-residential markets to record higher annual price growth, according to a report on Friday, as India was cited among the emerging markets in Asia-Pacific, along with Vietnam and Thailand, to experience significant growth.

5 hours ago