Mon, Dec 30, 2024 8:25 PM
ITC to transfer Rs 1,500 crore to its demerged hotel unit
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Sebi dismisses settlement applications filed by Zee Entertainment and Punit Goenka, referring the matter for further investigation, citing alleged violations of Sebi regulations during the merger process. Sebi combines the show cause notices with the broader investigation. Shares of Zee end at Rs 123.95, up 0.73%. Sebi dismisses settlement applications filed by Zee Entertainment.
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The Paper Packaging Company, a provider of sustainable packaging solutions, has outlined plans to extend its operations to the US in early March 2025. With this move, the company aims to offer paper-based packaging alternatives aimed at reducing single-use plastics. Over the last ten years, The Paper Packaging Company has been providing eco-friendly products.
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Copper prices hover around five-month lows due to weak manufacturing activity and expectations of deteriorating demand, despite a weaker dollar, as traders worry about US President-elect Donald Trump's potential tariffs and their impact on global economic growth and demand. "There is a lot of nervousness about what Trump will do when he arrives at the White House," one copper trader said.
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