Money Market
The Indian rupee weakened by 4 paise to close at 84.49 against the US dollar on Thursday after it hit a fresh low of 84.5038 during the day. It closed at 84.4525 a dollar on Wednesday, according to data on Bloomberg.
*News Headlines from Business News Agencies:*
*Business Standard*
📝 India's iron ore production rises 4% to 158.4 mn tonnes in Apr-Oct
📝 Leverage for primary steel firms to reach 5-year high: CRISIL Ratings
📝 Jamshyd Godrej-led GEG announces plans to invest Rs 7.5k cr in 3 yrs
📝 Audi expects sales to recover next year; anticipates 8-10% growth in 2025
📝 Fall in steel prices may impact profitability of domestic producers: CRISIL
📝 CarDekho Group's net revenue increases 54% to Rs 2,074 crore in FY24
📝 Goa govt eyeing Rs 500 cr revenue via e-auction of unclaimed iron ore dumps
📝 Kerala, Adani Ports sign agreement for development of Vizhinjam Seaport
📝 Rupee declines on FPI outflows, avoids record low on RBI intervention
📝 China's chip industry faces new US sanctions amid rising tech tensions
📝 Nazara Tech raises Rs 855 cr via preferential issue to fuel expansion
📝 Fitch revises outlook on Azure Power Energy to negative; affirms 'B' rating
*Economic Times*
📝 BSNL installs 50,708 4G sites; 41,957 sites on-air: MoS Communications
📝 HCL-TechBee signs up with skill development corp for training II PU passouts
📝 Centre has received 28 proposals from 23 states to develop new cities, Lok Sabha informed
📝 60% FMCG companies say e-commerce is critical platform for sales
📝 Monitoring inflation in US & Indian market; going for largecaps in India: Hartmut Issel
📝 RIL subsidiary acquires 21% stake in US-based Wavetech Helium for $12 million
📝 Knight Frank appoints Shishir Baijal as Asia-Pacific Non-Executive Chair
📝 Delhi's winter peak power demand also expected to break record, likely to surpass 6300 MW
📝 Akasa Air announces daily flights between Abu Dhabi, Bengaluru, & Ahmedabad starting March 2025
📝 Air India sees growth from domestic, short international flights in 2025: CEO Campbell Wilson
📝 ONGC makes four oil discoveries in Ashokenagar, awaits mining lease from Bengal govt
*Mint*
📝 Asia's November crude oil imports nudge higher, still heading for annual fall: Russell
📝 Tube Investments to acquire 67 pc stake in Kcaltech System India for ₹62 cr
📝 PwC India partners with Masters' Union to equip future leaders with industry-ready skills
📝 TikTok's owner ByteDance sues intern for $1.1 million in damages over AI breach
📝 Cooperative sector expected to create 5.5 crore direct jobs in India: Report
📝 Petroleum ministry recommends GST on natural gas
📝 Industry should give feedback on 'National Single Window System' or we will abort it: Piyush Goyal
📝 HDFC Bank market cap crosses ₹14 lakh crore for the first time
📝 Delhi HC defers Tesla trademark case to April 2025 as mediation continues
📝 Incuspaze to raise USD 25 mn to fund expansion plan amid rising demand for flexible office space
📝 LTIMindtree readies recipe for $10 bn revenue, but near-term woes a spoilsport
Securities in ban period: Nil
ZOMATO: RUPEES 8,500 CR QIP ISSUE CLOSED AT RUPEES 252.62 PER SHARE, ALLOCATING 33.65 CR EQUITY SHARES TO QIB'S
Introduction of Futures & Options Contracts on 45 Individual Securities
In continuation to Exchange circular Ref. No. NSE/FAOP/65064, dated November 13, 2024, members
are requested to note the market lot for the below securities which will be available for trading from November 29,2024 are as follows:
NSE/FAOP/65295
Listing of Equity Shares of Enviro Infra Engineers Limited (IPO) with effect from November 29, 2024
Symbol EIEL [544290]
Name of the Company Enviro Infra Engineers Limited
Series EQ
ISIN INE0LLY01014
Face Value Rs. 10/-
Paid-up Value Rs. 10/-
Issue Price for the current public issue Rs. 148/-
Security Description Equity shares of Rs. 10/- each fully paid up
No. of securities 175530000
Distinctive number range As per Annexure I
Market lot 1
The Indian rupee weakened by 4 paise to close at 84.49 against the US dollar on Thursday after it hit a fresh low of 84.5038 during the day. It closed at 84.4525 a dollar on Wednesday, according to data on Bloomberg.
*News Headlines from Business News Agencies:*
*Business Standard*
📝 India's iron ore production rises 4% to 158.4 mn tonnes in Apr-Oct
📝 Leverage for primary steel firms to reach 5-year high: CRISIL Ratings
📝 Jamshyd Godrej-led GEG announces plans to invest Rs 7.5k cr in 3 yrs
📝 Audi expects sales to recover next year; anticipates 8-10% growth in 2025
📝 Fall in steel prices may impact profitability of domestic producers: CRISIL
📝 CarDekho Group's net revenue increases 54% to Rs 2,074 crore in FY24
📝 Goa govt eyeing Rs 500 cr revenue via e-auction of unclaimed iron ore dumps
📝 Kerala, Adani Ports sign agreement for development of Vizhinjam Seaport
📝 Rupee declines on FPI outflows, avoids record low on RBI intervention
📝 China's chip industry faces new US sanctions amid rising tech tensions
📝 Nazara Tech raises Rs 855 cr via preferential issue to fuel expansion
📝 Fitch revises outlook on Azure Power Energy to negative; affirms 'B' rating
*Economic Times*
📝 BSNL installs 50,708 4G sites; 41,957 sites on-air: MoS Communications
📝 HCL-TechBee signs up with skill development corp for training II PU passouts
📝 Centre has received 28 proposals from 23 states to develop new cities, Lok Sabha informed
📝 60% FMCG companies say e-commerce is critical platform for sales
📝 Monitoring inflation in US & Indian market; going for largecaps in India: Hartmut Issel
📝 RIL subsidiary acquires 21% stake in US-based Wavetech Helium for $12 million
📝 Knight Frank appoints Shishir Baijal as Asia-Pacific Non-Executive Chair
📝 Delhi's winter peak power demand also expected to break record, likely to surpass 6300 MW
📝 Akasa Air announces daily flights between Abu Dhabi, Bengaluru, & Ahmedabad starting March 2025
📝 Air India sees growth from domestic, short international flights in 2025: CEO Campbell Wilson
📝 ONGC makes four oil discoveries in Ashokenagar, awaits mining lease from Bengal govt
*Mint*
📝 Asia's November crude oil imports nudge higher, still heading for annual fall: Russell
📝 Tube Investments to acquire 67 pc stake in Kcaltech System India for ₹62 cr
📝 PwC India partners with Masters' Union to equip future leaders with industry-ready skills
📝 TikTok's owner ByteDance sues intern for $1.1 million in damages over AI breach
📝 Cooperative sector expected to create 5.5 crore direct jobs in India: Report
📝 Petroleum ministry recommends GST on natural gas
📝 Industry should give feedback on 'National Single Window System' or we will abort it: Piyush Goyal
📝 HDFC Bank market cap crosses ₹14 lakh crore for the first time
📝 Delhi HC defers Tesla trademark case to April 2025 as mediation continues
📝 Incuspaze to raise USD 25 mn to fund expansion plan amid rising demand for flexible office space
📝 LTIMindtree readies recipe for $10 bn revenue, but near-term woes a spoilsport
Securities in ban period: Nil
ZOMATO: RUPEES 8,500 CR QIP ISSUE CLOSED AT RUPEES 252.62 PER SHARE, ALLOCATING 33.65 CR EQUITY SHARES TO QIB'S
Introduction of Futures & Options Contracts on 45 Individual Securities
In continuation to Exchange circular Ref. No. NSE/FAOP/65064, dated November 13, 2024, members
are requested to note the market lot for the below securities which will be available for trading from November 29,2024 are as follows:
NSE/FAOP/65295
Listing of Equity Shares of Enviro Infra Engineers Limited (IPO) with effect from November 29, 2024
Symbol EIEL [544290]
Name of the Company Enviro Infra Engineers Limited
Series EQ
ISIN INE0LLY01014
Face Value Rs. 10/-
Paid-up Value Rs. 10/-
Issue Price for the current public issue Rs. 148/-
Security Description Equity shares of Rs. 10/- each fully paid up
No. of securities 175530000
Distinctive number range As per Annexure I
Market lot 1