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Новости за 23.05.2024

Quest Labs stock debuts with 60% premium on NSE SME platform

Economictimes.indiatimes.com 

Quest Laboratories made its debut on the NSE SME platform on Thursday, starting with a 60% premium. The stock opened at Rs 155, surpassing its issue price of Rs 97. Before its listing, the company's shares were trading at a premium of Rs 80 in the unlisted market.

"It is being processed": Karnataka govt sources on cancellation of MP Prajwal Revanna's diplomatic passport

Economictimes.indiatimes.com 

Karnataka government sources revealed that the Ministry of Home Affairs (MEA) is in the process of cancelling MP Prajwal Revanna’s diplomatic passport. Revanna has been alleged of multiple sexual harassment allegations. Despite a Special Investigation Team's formation, Revanna is evading authorities. If his passport is cancelled, he would be compelled to return and charges including rape and sexual assault.

Reliance’s Tira lays foundation using AI tools to push into India's glossy beauty market

Economictimes.indiatimes.com 

Reliance Industries Ltd.’s Tira, a new venture in India’s beauty sector, leverages AI for personalized experiences like fragrance selection and skincare analysis. With 12 stores and online presence, Tira competes with Nykaa and Tata Group’s Palette in a rapidly growing market. Reliance's diversification strategy aims for innovation and market dominance.

Volume up: Elections songs connect candidates with voters, boost their campaign

Economictimes.indiatimes.com 

This election season, playful campaign songs have been used by candidates to appeal to voters in India. These songs, sung in local dialects, reflect the linguistic and cultural diversity of the national capital. Some Haryanvi songs, like "Phir se Modiji ki sarkar dekhna chahusu," are popular among voters. BJP candidates, such as New Delhi candidate Bansuri Swaraj, have composed songs that highlight their roots and family background.

Gold Price Today: Yellow metal opens at Rs 72,575/10 grams; silver drops 2% at Rs 91,415/kg

Economictimes.indiatimes.com 

Supported by hawkish Federal Reserve remarks, gold prices for June futures contracts on MCX opened unchanged at Rs 72,575 per 10 grams, marking a decrease of Rs 471 or 0.64%. Gold stabilized following its largest decline of the month, influenced by Federal Reserve comments indicating a prolonged period of higher US interest rates to counter inflation.



Best gilt mutual funds to invest in May 2024

Economictimes.indiatimes.com 

Gilt funds are not recommended to regular debt investors because they are risky and volatile. Gilt funds suffer the most when the rates go up. The bond prices and yields move in opposite directions. When the rates go up, bond prices come down. This drags down the NAVs of schemes.

$215 trillion to save the planet is a bargain

Economictimes.indiatimes.com 

By 2100, the permanent loss from additional warming under a “business as usual” scenario would rise to 52%, representing trillions of dollars in economic destruction.

If you can find growth at some value, that is where nirvana is for an investor: Sonam Udasi

Economictimes.indiatimes.com 

Sonam Udasi, Senior Fund Manager at Tata Mutual Fund, discusses the fund's sector exposure, highlighting an overweight position in consumer services and underweight in consumer staples. He emphasizes the fund's adaptability to changing consumption patterns over the next 5-10 years. Udasi says: "I believe every equity investor, whatever theme they are investing in, they are looking for growth. If you can find growth at some value, that is where nirvana is as an investor."

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Shah Rukh Khan hospitalised for heatstroke: How extreme heat can cause heart and brain problems

Economictimes.indiatimes.com 

Bollywood star Shah Rukh Khan has been discharged from Ahmedabad's KD Hospital after experiencing a heat stroke and dehydration. His wife, Gauri Khan, and close friend, Juhi Chawla, confirmed his recovery and expect him to return to support Kolkata Knight Riders in the IPL final on Sunday. The incident coincides with a severe heatwave across India, prompting warnings and health advisories. The National Disaster Management Authority advises staying hydrated, avoiding alcohol, and seeking medical help if symptoms of heatstroke persist.


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