Wed, Apr 17, 2024 9:35 AM
Brigade Enterprises reports 46% increase in sales bookings in FY24
A Flip by Avya Verma
Tata Sons has raised its shareholding in Tata Play to 70% by acquiring Singaporean government-owned investment firm Temasek's 10% stake in the company for about $100 million (close to ?835 crore), said people in the know. The direct-to-home (DTH) firm has been valued at $1 billion, down from its previous pre-pandemic valuation target of $3 billion.
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India's stock benchmarks jumped over 1% on Monday, led by gains in bank shares after ICICI Bank's better-than-expected fourth-quarter results. Analysts said the market may be on course to scale records though the spike in the Volatility Index or VIX, a fear gauge, shows that traders see risks to equities at current levels.
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Buy or sell stocks for today: The Indian stock market indices, Sensex and Nifty 50, concluded with substantial increases, driven by robust purchasing activity in banking and financial sectors, on Monday, April 29. On stocks to buy today, Vaishali Parekh recommended three buy or sell stocks for today - L&T Finance, Hindustan Petroleum Corp, and Godrej Consumer.
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