The Adi Godrej faction of the Godrej Group led by brother Nadir Godrej, Tanya Dubash, Nisaba Godrej and Pirojsha Godrej have announced an open offer to acquire up to 50.99 lakh equity shares of Astec Lifesciences Ltd., according to an exchange filing. The number of shares proposed to be acquired is equivalent to a 26% stake in the company. Price for the Open Offer has been fixed at ₹1,069...
Open FlipGold prices edged higher on Thursday after the U.S. Federal Reserve kept its key interest rate steady, as expected, and indicated that it is still leaning toward eventual rate cuts. Spot gold was up 0.3% at $2,323.66 per ounce, as of 0037 GMT, after climbing more than 1% in the previous session. U.S. gold futures rose 1% to $2,333.30 per ounce.
Open FlipAsian stocks got off to a shaky start on Thursday after the Federal Reserve flagged delays to interest rate cuts, while the dollar fell heavily on the yen in what traders reckoned was Japanese intervention. Oil fell sharply overnight as the prospect of cuts seemed more distant and after a surprise jump in U.S. stockpiles, with Brent crude futures hitting a seven-week low of $83.44.
Open Flip