Jio Financial share price: Jio Financial Services’ board approved raising Rs 15,825 crore via warrants to promoter group entities. The stock shows strength in long-term trends but trades below short-term averages. Q1 profit rose 4% YoY to Rs 325 crore.
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India’s stock market is facing potential losses due to newly imposed US tariffs, the highest in Asia, and concerns over energy purchases from Russia. This development exacerbates existing worries about India’s economic slowdown and lagging corporate earnings, leading foreign investors…
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The Indian rupee initially recovered slightly to 87.66 against the US dollar following a record low, potentially due to RBI intervention, after Trump’s tariff announcement and penalties related to Russian trade. Despite this, the rupee remains under pressure.
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Indian government bonds are predicted to decline, potentially pushing yields past key levels, influenced by a weakening rupee and hawkish signals from the U.S. Federal Reserve. Concerns arise from potential tariffs threatened by President Trump, adding strain to U.S.-India relations.…
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Krithivasan’s salary comprised a base salary of Rs 1.39 crore, alongside Rs 2.12 crore in benefits, perquisites, and allowances, as well as Rs 23 crore in commission, according to the latest annual report.
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T N Manoharan, the chairman of IDBI and former president of the Institute of Chartered Accountants of India, passed away. He previously served as chairman of Canara Bank. Manoharan was an independent director at Mahindra & Mahindra and Tech Mahindra.…
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