Mon, Jan 29, 2024 2:10 PM
BLS E-Services IPO opens on Jan 30: 10 things to know before you buy?
A Flip by Shubhangi Gupta
Finance Minister Nirmala Sitharaman on May 14 underscored the rapidly evolving dynamic of household savings, and said families are actively opening demat accounts believing in the Indian stock market.Speaking at the Viksit Bharat 2047 event at BSE, Mumbai, FM Sitharaman said households savings is finding way into equities, that shows the trust in the market.
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Shree Cement Ltd’s Q4 FY24 consolidated net profit jumped nearly 35 percent year-on-year to Rs 679 crore, helped by inventory gains, showed the company’s quarterly results filed with the stock exchanges on May 14. Revenue from operations for the fiscal fourth quarter rose more than 6 percent year-on-year to Rs 5,433 crore. Shree Cements results have beat the Street estimates.
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The Board of Siemens Limited on May 14 approved the proposal to demerge its energy business into a separate legal entity – Siemens Energy India Limited (currently a wholly owned subsidiary of Siemens Limited). The new entity will be subsequently listed and will mirror the shareholding of Siemens Limited, upon the receipt of requisite approvals.
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