Tue, Jan 7, 2025 9:44 PM
India's GDP may grow at four-year low of 6.4% in FY25: Govt's estimates
A Flip by Shubhangi Gupta
Kiranakart Technologies Private Limited can now proceed to become the holding company of quick commerce unicorn Zepto in line with the decision of its board of directors and shareholders, as per an order from the National Company Law Tribunal (NCLT). Internally, the schemes were approved during the company’s board meeting on October 3, 2024.
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Shares of India's state-run oil marketing companies — Hindustan Petroleum Corporation Ltd. (HPCL), Bharat Petroleum Corporation Ltd. (BPCL), and Indian Oil Corporation Ltd. (IOC) — are trading with losses of as much as 7% on Monday, January 13. HPCL shares have declined 7% today, while BPCL and IOC are down 3% and 4%, respectively.
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IndusInd Bank share price rallied more than 3% on Monday despite a sharp fall in the Indian stock market today, on expectations of significant passive fund inflows due to likely doubling of its MSCI weight. IndusInd Bank shares gained as much as 3.80% to ₹973.30 apiece on the BSE. IndusInd Bank share price has fallen over 28% in three months and more than 32% in six months.
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