With the international prices of petrol and diesel cooling due to economic slowdown concerns, marketing losses for the three Indian oil companies will ease, said Moody's Investors Service.
Category: BUSINESS
'Gold prices on the upward trend, to touch Rs 60,000/10 gms soon'
Gold prices are expected to touch Rs 60,000/10 grams 24-carat shortly with the rates touching Rs 58,550 on Monday, a top official of Madras Jewellers and Diamond Merchants Association said.
Shilpa Shetty to make a killing in Mamaearth IPO
Angel investors, including Bollywood actress Shilpa Shetty, stand to make a killing in the forthcoming IPO of Mamaearth as the company is being valued at Rs 24,000 crore.
FPIs sold for 11 consecutive days to the tune of Rs 14,300 cr
FPIs have turned sustained sellers in the Indian market and sold for 11 consecutive days taking the cumulative selling to Rs 14,300 crore, says V.K. Vijayakumar, the Chief Investment Strategist at Geojit Financial Services.
,-Zomato.jpg "Zomato Co-founder Gunjan Patidar quits in another high-profile exit")
Zomato Co-founder Gunjan Patidar quits in another high-profile exit
"Over the the last 10 plus years, he also nurtured a stellar tech leadership team that is capable of taking on the mantle of leading the tech function going forward. His contribution to building Zomato has been invaluable," said the company.
Markets welcome 2023 on a positive note
The absence of global cues, strong macros and expectations of healthy corporate earnings provided the support to domestic equites, said Siddhartha Khemka, its Head - Retail Research.
Swiggy's losses jump 2X to Rs 3,629 cr in FY22, layoffs coming
According to its annual financial statement with the Registrar of Companies (RoC), during the last quarter of FY22, Swiggy turned "decacorn" (with a valuation of $10 billion and above) after raising a $700 million round led by Invesco.