BUSINESS
Kerala has the highest number of five-star hotels in India
This was revealed in the latest data available in the National Database for Accommodation units.
Brightcom Group shares hit lower circuit after SEBI order
Brightcom Group shares are down 4.96 per cent at Rs 22.98 on BSE.
Credit reporting agency Experian fined $650K over deceptive email practices
The department of Justice (DoJ) and the Federal Trade Commission (FTC) said that Experian has agreed to a permanent injunction and a $650,000 civil penalty as part of a settlement to resolve alleged violations of the country's acts.
Brightcom Group, CMD, CFO siphoned off proceeds of preferential allotments: SEBI order
In the order, SEBI's Wholetime Member Ashwani Bhatia said Brightcom’s CMD and CFO shall cease to hold the position of a director or a key managerial person in any listed company or its subsidiaries until further orders.
Shankar Sharma barred from selling Brightcom shares
“However, he has failed to provide the same. Interestingly, one of the reasons for non-submission of payment details, cited by Shankar Sharma in his email dated August 15, is that 'we have been constrained by the delay on part of the company to reconcile all the remittances'," the order said.
No plans to import wheat from Russia, says government
Talking to reporters, he said that are also no plans to restrict non-basmati par boiled rice exports.
Nifty ends flat despite supportive global markets
At close, Nifty was up 0.01 per cent or 2.9 points at 19396.5. Volumes on the NSE continued to be on the lower side. Broad market indices gained 0.9-0.95 per cent outperforming the Nifty even as the advance decline ratio remained firm at 1.79:1.
Gold prices expected to remain steady amid weakness in rupee, onset of festive season
However, the trajectory could swiftly change. The moment the US Federal Reserve hints at a potential pause in its rate hikes or even the possibility of an interest rate cut, gold prices are likely to surge, the analyst said.
High inflation can be political hot potato in election year forcing govt to slow down capex: Analysts
Nifty has given more than 14 per cent return in FY24 Year to date as India attracted more than $16.5 billion of net FII flows.
India remains most stable market in Asia on fundamentals, flows
Valuations remain expensive but the relative lack of risks should sustain them for now, the report said.
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