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Symphony Announces Rs 71.4 Crore Buyback and Interim Dividend; Sets Record Date

Symphony Announces Rs 71.4 Crore Buyback and Interim Dividend; Sets Record Date

Symphony Ltd announced its buyback programme of up to Rs 71.40 crore and an interim dividend of Rs 1 per share for all eligible shareholders. The buyback price is fixed at ₹2,500 per share, about 71 per cent higher than Tuesday’s closing price. “The Board of Directors has considered and approved the following in their […]

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Bangladesh Crisis Sparks 20% Rally in Indian Textile Stocks

Bangladesh Crisis Sparks 20% Rally in Indian Textile Stocks

The deepest area of the political crisis in Bangladesh is blowing its shockwaves toward the global textile industry. Violent protests and the stepping down of the Prime Minister make many people fear for the future of Bangladesh’s garment sector. This uncertainty has sent Indian textile stocks surging. Stocks of Gokaldas Exports, Century Enka, and SP

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Vedanta Q1 Profit Jumps 36.5% to Rs 3,606 Crore on Strong Commodity Prices

Vedanta Q1 Profit Jumps 36.5% to Rs 3,606 Crore on Strong Commodity Prices

Billionaire Anil Agarwal’s Vedanta Ltd has reported a 36.5 percent increase in consolidated net profit for the quarter ending June 30, 2024. The company’s net profit surged to Rs 3,606 crore from Rs 2,640 crore in the same period last year, largely driven by elevated prices of zinc, lead, copper, and nickel. Revenue and EBITDA

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Indians Can Use JioFinance App for Payments at Some Tourist Attractions in Paris

Indians Can Use JioFinance App for Payments at Some Tourist Attractions in Paris

Jio Financial Services Ltd. has introduced the JioFinance app in Paris, allowing Indian travelers to make digital payments at selected tourist attractions in the city. This launch coincides with the Paris Olympics, making Paris a prime destination for global sports enthusiasts. Visitors from India to France can now buy tickets to the Eiffel Tower from

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Japan's Nikkei 225 Falls Nearly 13% Amid U.S. Economic Worries

Japan’s Nikkei 225 Falls Nearly 13% Amid U.S. Economic Worries

Japan’s benchmark Nikkei 225 stock index plummeted nearly 13% on Monday, continuing the dramatic sell-offs that shook global markets last week as worries about the U.S. economy intensified. Not far from the close in Tokyo, the Nikkei fell over 4,500 points to 31,341.29. The broader TOPIX also plunged sharply, down 11.5 percent as the selling

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