Stock markets: In sectoral indices, energy, IT and financial services were trading in the negative territory on Thursday morning. Telecommunication and Auto indices are trading in the positive territory in the morning.
On Tuesday (May 24), a senior official at the Directorate General of Civil Aviation said the airline has submitted its response to the regulator's show cause notice, indicating that it is working on the details of a plan to resume flights at the earliest.
The LIC recorded a multi-fold increase in the net profit to Rs 35,997 crore for Financial Year 2022-23.
Tesla CEO Elon Musk said that they will be finalising the new factory location by the end of 2023.
FDI declines: Massive investments in capital-intensive chip FDI projects are underway, in line with the Government of India’s efforts to develop the industry.
Shaktikanta Das stated that the retail inflation data for this month, which are scheduled to be released on June 12, "could possibly be lower."
According to a regulatory filing dated May 24, Nomura Singapore's stake now stands at 1.28 per cent or 1,28,25,854 shares.
The company's board of directors has approved a final dividend of Rs 0.50 per share of Rs 10 each for FY23, according to a statement.
Stock markets update: Power Grid, Kotak Mahindra Bank, Maruti Suzuki India, Tech Mahindra, ITC and NTPC were among the winners. In Asian markets, Seoul, Tokyo, Shanghai and Hong Kong were trading lower.
SpiceJet likewise said that trainers (DE, TRI) and first officials will likewise see expanded compensation comparably.
It said despite the economy's strong potential, there is a risk that the pace of investment in India's manufacturing and infrastructure sectors could slow because of limited economic liberalization or slower policy implementation.
The advisory has been issued following several consumer complaints. Customers have complained about many retailers not providing them services if they refuse to share their contact number, he said.
Earlier this month, the Go First airline announced bankruptcy and suspension of all its flights due to the shortage of engines for its fleet.
The company had planned to build the campus about 20 miles (30 kilometers) from the giant Walt Disney World theme park resort, but Josh D’Amaro, chairman of the parks, experiences and products division, said in a memo to employees.
Asian stock markets: Worries about a potential US debt default have added to investor unease about the health of the global economy following interest rate hikes to cool inflation and high-profile bank failures in the United States and Switzerland.
The RBI on Friday made a surprise announcement of withdrawal of Rs 2,000 currency notes, but gave the public time till September 30 to either deposit the Rs 2,000 notes in accounts or exchange them at banks.
Stock markets: The 30-share BSE Sensex climbed 187.61 points to 62,151.29 in early trade. The NSE Nifty advanced 69.35 points to 18,383.75.
The Irish watchdog said that Meta violated the General Data Protection Regulation (GDPR) which came into force on May 25, 2018.
The Rs 2,000 currency notes were introduced in the market after Modi government's demonitisation move when Rs 500 and Rs 1,000 currency notes were banned in November 2016.
Originally, ONGC Videsh, the overseas arm of state-owned Oil and Natural Gas Corporation (ONGC), was interested in buying out half of the stakes that Tullow, Africa Oil Corp and TotalEnergies SE held in the Lokichar oilfield in Kenya.
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