AIMPWA – Page 107 – msmenews.sbs

Rupee falls 22 paise to 87.41 against US dollar in early trade

AIMPWAFebruary 27, 2025

The rupee declined 22 paise to 87.41 against the US dollar in early trade on Thursday after the latest tariff announcements from the US weighed on emerging currencies, including the rupee. Forex traders said the latest tariff announcements from the US have sent shockwaves through global markets, strengthening the dollar. Also read: Trump: US to...

HDFC Mutual Fund raises stake to 7.27% in this beaten down mid-cap stock

AIMPWAFebruary 27, 2025

HDFC Mutual Fund has raised its stake in midcap stock BEML to 7.37 percent from 5.23 percent earlier. According to the disclosure, HDFC Mutual Fund, through its various schemes, acquired an additional 8,49,308 equity shares of BEML Limited. Before the acquisition, the fund’s holding stood at 5.23 percent, representing 21,79,541 shares with voting rights. Following...

STARTUPs

Rs.50 Cr OIL Start-Up Fund For New Ideas In Oil & Gas Sector

AIMPWAFebruary 27, 2025

GAWAHATI: Oil India Limited (OIL) has set up an OIL Start-Up fund of 50 crore to encourage new “out of the box” ideas related to the oil and gas sector, particularly in the Northeast. The oil exploration major’s chairman-cum-managing director Utpal Bora today said in a press conference that the initiative was in line with the Centre’s ‘Start-up India’ initiative. “The OIL Start-Up fund...

RBI allows NICB depositors to withdraw up to ₹25,000 from February 27

AIMPWAFebruary 27, 2025

In a relief for depositors at the New India Co-operative Bank (NICB), the Reserve Bank of India (RBI) has now allowed customers to withdraw up to Rs 25,000 from their deposit account from February 27 onwards, the RBI said in a statement. “The Reserve Bank, after reviewing the bank’s liquidity position in consultation with the...

Markets open flat amid monthly expiry volatility, Trump tariff concerns

AIMPWAFebruary 27, 2025

Benchmark indices opened flat on Thursday morning as traders remained cautious ahead of the monthly futures and options (F&O) expiry, with ongoing concerns about potential US tariffs and continued foreign institutional investor (FII) selling weighing on market sentiment. As of 9.50 AM, the Sensex opened at 74,706.60 compared to its previous close of 74,602.12 and...

52 Week Low Stocks Today on February 27, 2025: Havells India, Tata Motors & others hit 52 week low today ;Check the full list here

AIMPWAFebruary 27, 2025

52 Week Low Stocks Today on February 27, 2025: Shares of Havells India, Tata Motors, DLF, ACC, State Bank Of India hit their fresh 52 wk lows today. Nifty 50 was up by 7.35(0.03%) points and Sensex was up by 30.81(0.04%) points at 27 Feb 2025 11:00:04 IST. Bank Nifty was up by 313.9(0.65%) points...

STARTUPs

Average Size Of Startup Funding Up 27 Pct To Rs.4.6 Crore

AIMPWAFebruary 27, 2025

NEW DELHI: The average size of funding received by start-ups from angel investors grew 27 pct to 4.67 crore in 2015, from 1.06 crore in 2009, a report said. Also, the average investments made by these angel investors individually saw an annual growth rate of 34 pct from 0.21 crore in 2009 to...

Govt seeks merchant bankers for selling equity in public sector banks, financial institutions

AIMPWAFebruary 27, 2025

The Department of Investment and Public Asset Management (DIPAM) on Monday invited bids from merchant bankers to assist the government in its planned stake sale in public sector banks and financial institutions. According to the request for proposal (RFP) floated by DIPAM, the merchant bankers would be empanelled for a period of three years (further...

Jupiter Railwheel factory wins ₹255 crore contract from Braithwait & Co.

AIMPWAFebruary 27, 2025

Jupiter Tatravagonka Railwheel Factory, a subsidiary of Jupiter Wagons Limited (JWL), has secured a ₹255 crore order from Braithwait & Co. for 9,140 railway wheelsets, the company announced on Thursday. The shares of Jupiter Wagons Limited (JWL) were trading at ₹301.90 down by ₹5.90 or 1.92 per cent on the NSE today at 10.05 am....

400% rally in 5 years! Small-cap stock below ₹50 jumps 4% after this business update

AIMPWAFebruary 27, 2025

Small-cap stock Blue Cloud Softech Solutions jumped over 4 per cent in morning trade on BSE on Thursday, February 27. The software company’s shares opened at ₹30.66 against its previous close of ₹30.51 and jumped 4.33 per cent to the level of ₹31.83. However, it soon witnessed profit booking in a weak market and dropped...

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DeepSeek scared away some AI funders. But this wealthy backer is ready to spend.

AIMPWAMarch 14, 2025

Why government — not business — will see that AI startups get the money they need. Source link

When consumption push and fiscal consolidation go hand in hand

AIMPWAMarch 14, 2025

The budget this year came in the background of an economic slowdown led by weak urban consumption and lower government capex. Hence, finance minister (FM) Nirmala Sitharaman was expected to stimulate growth while continuing on the path of fiscal consolidation. The budget has delivered on this by incentivizing urban consumption through tax cuts while continuing...

Gold prices hit record high for 3rd straight day on MCX; spot gold tops $3,000 on safe-haven demand

AIMPWAMarch 14, 2025

Gold price today: Maintaining its upward run for the third straight day, gold prices touched another peak on the Multi Commodity Exchange (MCX) in today’s trading session, March 14. The April expiry contract opened higher at ₹87,781 per 10 grams and strengthened further to hit a fresh peak of ₹88,280, marking a 0.57% jump from...

Kerry Washington invests in wedding marketplace Cheersy

AIMPWAMarch 14, 2025

Kerry Washington is expanding her angel investment portfolio, serving as lead investor in the pre-seed round of the wedding marketplace Cheersy. Cheersy, which was founded in 2024 by Amy Shack Egan, helps couples find day-of service wedding coordinators and has raised a total of $550,000, from other investors including Christina Tosi, the founder of Milk...

MFIs likely to adopt cautious growth approach moving ahead: Satin Creditcare CMD

AIMPWAMarch 14, 2025

Microfinance institutions (MFIs) are likely to proceed with cautious growth approach going ahead, after recording rapid growth in the range of 25-40 per cent in earlier years, and subsequently seeing stress in their asset quality, HP Singh, CMD, Satin Creditcare Network, tells businessline in an interaction. He talks about when the MFI sector stress is...

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Latest Posts

Rupee falls 22 paise to 87.41 against US dollar in early trade

HDFC Mutual Fund raises stake to 7.27% in this beaten down mid-cap stock

Rs.50 Cr OIL Start-Up Fund For New Ideas In Oil & Gas Sector

RBI allows NICB depositors to withdraw up to ₹25,000 from February 27

Markets open flat amid monthly expiry volatility, Trump tariff concerns

52 Week Low Stocks Today on February 27, 2025: Havells India, Tata Motors & others hit 52 week low today ;Check the full list here

Average Size Of Startup Funding Up 27 Pct To Rs.4.6 Crore

Govt seeks merchant bankers for selling equity in public sector banks, financial institutions

Jupiter Railwheel factory wins ₹255 crore contract from Braithwait & Co.

400% rally in 5 years! Small-cap stock below ₹50 jumps 4% after this business update

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DeepSeek scared away some AI funders. But this wealthy backer is ready to spend.

When consumption push and fiscal consolidation go hand in hand

Gold prices hit record high for 3rd straight day on MCX; spot gold tops $3,000 on safe-haven demand

Kerry Washington invests in wedding marketplace Cheersy

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DeepSeek scared away some AI funders. But this wealthy backer is ready to spend.

When consumption push and fiscal consolidation go hand in hand

Gold prices hit record high for 3rd straight day on MCX; spot gold tops $3,000 on safe-haven demand

Kerry Washington invests in wedding marketplace Cheersy

MFIs likely to adopt cautious growth approach moving ahead: Satin Creditcare CMD

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DeepSeek scared away some AI funders. But this wealthy backer is ready to spend.

When consumption push and fiscal consolidation go hand in hand

Gold prices hit record high for 3rd straight day on MCX; spot gold tops $3,000 on safe-haven demand

Kerry Washington invests in wedding marketplace Cheersy

MFIs likely to adopt cautious growth approach moving ahead: Satin Creditcare CMD

Tax changes in budget will increase bank deposits by ₹40,000-45,000 crore: DFS secretary M Nagaraju