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Sensex, Nifty close marginally lower as IT stocks drag; IndusInd Bank rebounds 4.38%

AIMPWAMarch 13, 2025

Benchmark indices ended marginally lower on Wednesday after a volatile trading session, with the IT sector weighing heavily on market performance while banking and auto stocks provided some support. The Sensex closed at 74,029.76, down by 72.56 points or 0.10 per cent, while the Nifty 50 slipped 27.40 points or 0.12 per cent to end...

Equity market may be nearing end of correction phase: Motilal Oswal

AIMPWAMarch 13, 2025

Indian equities have corrected meaningfully over the last five months, but it could be in the latter stages of correction due to multiple factors, Motilal Oswal said in its latest India Strategy report. Nifty 50 has corrected 16 per cent since late September 2024. It added that the domestic fiscal and monetary policies have turned...

NSE/BSE, Top Gainers & Top Losers Today 12 Mar 2025: IndusInd Bank, Tata Motors lead; Infosys, Tech Mahindra drag

AIMPWAMarch 13, 2025

SEA projects mustard production at 115.16 lakh tonnes, lower than govt estimate

AIMPWAMarch 13, 2025

The Solvent Extractors’ Association of India (SEA) has projected the total mustard acreage in India for the rabi 2024-25 season at 92.15 lakh hectares (lh) with the prodution being estimated at 115.16 lakh tonnes (lt). This projection is a marginal increase in acreage compared to the government estimate of 89.30 lh for the rabi 2024-25....

Prudent promoter Shah gifts shares to employees, personal staff

AIMPWAMarch 13, 2025

Prudent Corporate Advisory Services, Chairman and Managing Director, Sanjay Shah will be gifting 1.75 lakh equity shares worth ₹34 crore from his personal holdings to a group of about 650 individuals. The beneficiaries include employees of the company and his personal staff such as household help and drivers. This gesture commemorates Shah’s completion of 25...

Lok Sabha passes Oilfields (Regulation and Development) Bill

AIMPWAMarch 13, 2025

In a significant development, Lok Sabha on Wednesday passed the Oilfields (Regulation and Development) Amendment Bill, 2024, which aims to enhance the ease of doing business in exploration & production (E&P) as well as increase the world’s third largest crude oil importer’s domestic oil and gas production. Passed by Rajya Sabha during the winter session...

MF equity inflows tapper as markets tank

AIMPWAMarch 13, 2025

The inflow into equity mutual fund schemes plunged 26 per cent to ₹29,303 crore in February against ₹39,688 crore in January as the sharp fall in key benchmark markets rattled investor confidence. The overall equity asset under management was also down about ₹2 lakh crore at 27.40 lakh crore (₹29.47 lakh crore), largely due to...

Global oil supply expected to exceed demand by 1 million b/d in 2025: IEA

AIMPWAMarch 13, 2025

International Energy Agency (IEA) on Thursday projected that global crude oil supply may exceed demand by around 1 million barrels per day (mb/d) in 2025 as rising trade tensions and OPEC+ winding down production cuts are fuelling uncertainty which is dampening oil demand growth. “Risks to the market outlook remain rife and uncertainties abound. Our...

LG Electronics India gets SEBI’s nod to float IPO

AIMPWAMarch 13, 2025

LG Electronics India Ltd, a subsidiary of the South Korean chaebol LG, has received markets regulator SEBI‘s approval for its ₹15,000 crore initial public offering (IPO), people familiar with the matter said on Thursday. This will be the second South Korean company to tap the Indian stock market following the listing of Hyundai Motors India...

Stock Market Holiday Today: NSE, BSE closed on March 14 on account of Holi

AIMPWAMarch 13, 2025

Indian stock market is closed Friday, March 14, 2025, on account of Holi. All trading across equity, derivatives, securities lending and borrowings, currency and interest rate derivates segments will remain closed. The exchanges will remain closed for a total of 14 days throughout this year. The BSE and the National Stock Exchange will resume operations...

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Bench is charging people for services they already paid for, some customers say

AIMPWAMarch 14, 2025

After Employer.com acquired bankrupt accounting startup Bench in a fire-sale late last year, CEO Jesse Tinsley pledged on LinkedIn and elsewhere to honor past customer payments. “We’re honoring all prepaid Bench services even though we will not have the revenue from that directly ourselves,” Tinsley said in an interview with founder and investor Julian Weisser....

Tern AI’s low-cost GPS alternative actually works

AIMPWAMarch 14, 2025

We’ve all experienced that moment of frustration when the GPS glitches and you miss an exit on the highway. The team at Tern AI, which is building a low-cost GPS alternative, says that’s because the current technology is limited by its reliance on satellite positioning. Tern AI says it has figured out how to locate...

Fintech Klarna files for IPO at a weak point for public debuts

AIMPWAMarch 14, 2025

The fintech company thinks it can offer investors more than just its buy-now-pay-later products. Source link

Profitable Klarna files for a potentially blockbuster IPO

AIMPWAMarch 14, 2025

Swedish fintech Klarna took the next step in its highly anticipated U.S. IPO on Friday when it made its F-1 prospectus public. We are sifting through the document now. Klarna hopes to raise at least $1 billion dollars at a $15 billion valuation with this IPO, Bloomberg reported last week. The public documents don’t yet...

Dr. Oz dodges questions on Medicaid cuts during Senate confirmation hearing

AIMPWAMarch 14, 2025

President Trump’s nominee to lead the Centers for Medicare and Medicaid Services faced questions from the Senate Finance Committee on Friday. Source link

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Sensex, Nifty close marginally lower as IT stocks drag; IndusInd Bank rebounds 4.38%

Equity market may be nearing end of correction phase: Motilal Oswal

NSE/BSE, Top Gainers & Top Losers Today 12 Mar 2025: IndusInd Bank, Tata Motors lead; Infosys, Tech Mahindra drag

SEA projects mustard production at 115.16 lakh tonnes, lower than govt estimate

Prudent promoter Shah gifts shares to employees, personal staff

Lok Sabha passes Oilfields (Regulation and Development) Bill

MF equity inflows tapper as markets tank

Global oil supply expected to exceed demand by 1 million b/d in 2025: IEA

LG Electronics India gets SEBI’s nod to float IPO

Stock Market Holiday Today: NSE, BSE closed on March 14 on account of Holi

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Bench is charging people for services they already paid for, some customers say

Tern AI’s low-cost GPS alternative actually works

Fintech Klarna files for IPO at a weak point for public debuts

Profitable Klarna files for a potentially blockbuster IPO

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Bench is charging people for services they already paid for, some customers say

Tern AI’s low-cost GPS alternative actually works

Fintech Klarna files for IPO at a weak point for public debuts

Profitable Klarna files for a potentially blockbuster IPO

Dr. Oz dodges questions on Medicaid cuts during Senate confirmation hearing

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Bench is charging people for services they already paid for, some customers say

Tern AI’s low-cost GPS alternative actually works

Fintech Klarna files for IPO at a weak point for public debuts

Profitable Klarna files for a potentially blockbuster IPO

Dr. Oz dodges questions on Medicaid cuts during Senate confirmation hearing

This Wall Street pro saw the stock-market chaos coming. He says investors should wait to buy again.