Gold prices recovered in Wednesday’s futures trade after three straight sessions of losses, as traders engaged in value buying ahead of the release of the US Federal Reserve’s meeting minutes.On the Multi Commodity Exchange (MCX), December gold futures rose by Rs 674, or 0.55%, to Rs 1,23,314 per 10 grams in 10,726 lots. The February…
US insurer The Standard has set up StanCorp Global Services India as a new global capability center in Bengaluru and Pune to support its technology transformation and future growth, and has appointed Mohua Sengupta as senior vice president and country head for India.The Standard is a US-based group of companies that offers disability, life, dental,…
Air India has approached the Indian government to request access to restricted military airspace in China’s Xinjiang region to shorten international flight paths, according to a Reuters report quoting an internal company document. The move comes as the airline struggles with higher operational costs following Pakistan’s closure of its airspace to Indian carriers.The appeal, submitted…
Creditors of Jaiprakash Associates have unanimously voted in favour of Gautam Adabi-led Adani Enterprises’ resolution plan, choosing it over Vedanta despite the latter placing the highest overall bid in a September e-auction, people familiar with the discussions told ET.Jaiprakash Associates (JAL), which owes lenders Rs 55,000 crore, was admitted into insolvency proceedings in June last…
Asian markets were subdued Wednesday as worries about high AI stock prices made investors cautious ahead of Nvidia’s earnings report.Nvidia has been a major driver of the global AI rally and is expected to report a 56% jump in revenue for the August–October quarter to $54.92 billion.”It looks like Nvidia’s stock price has been priced…
Expectations remain for Gold to trade in a broad range of $3,880 – 4,150 per oz on a weekly basis. (AI image) Gold price prediction today: Gold prices could trade sideways in the coming days, though the broader upward trend is still in place, says Maneesh Sharma, AVP – Commodities & Currencies, Anand Rathi Shares…
Analysts indicate that developments in Indo-US trade negotiations and improving domestic corporate performance could restore market confidence. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened flat in trade on Wednesday. While Nifty50 was below 25,900, BSE Sensex was near 84,600. At 9:18 AM, Nifty50 was at 25,886.35, down…
Jefferies has initiated its coverage of WeWork India with a buy rating and a target price of Rs 790. Analysts said that the company is the largest flexible workspace operator by revenues in India. At about 17% compounded annual growth rate (CAGR), flexible workspace stock is growing at two times the pace of office stock,…
Top stocks to buy (AI image) Stock market recommendations:According to Mehul Kothari, DVP – Technical Research, Anand Rathi Shares and Stock Brokers, the top stocks to buy today are Life Insurance Corporation of India, Coromandel, and Doms Industries:Life Insurance Corporation of India – Base Formation near 200-DEMA + Dual MACD Bullish CrossoverBuy near: ₹920–₹910 |…
BENGALURU: A previously unseen figure has stepped into the centre of the Byju’s funding dispute: Oliver Chapman, the UK-based head of supply-chain firm OCI, which first received the $533 million moved out of Byju’s Alpha in 2022. His emergence comes through a motion filed on Nov 15 by Byju’s Alpha, now acting through a court-supervised…
