Business

The South Indian cities, Bengaluru, Hyderabad, Chennai, as well as Pune are the tech and GCC hubs of the country

Financial services giant HSBC has slashed the valuation of edtech company Byju's to zero, as compared with the company's valuation of $22 billion in 2022

Check latest petrol, and diesel prices in Chennai, Kolkata, Bengaluru, Lucknow, Noida, and Gurugram on June 7, 2023

Real estate: As of the first quarter of 2024, the average time to sell the existing unsold housing stock has dropped to 22 months, a substantial improvement from the 32 months recorded at the end of 2019.

KCP Ltd is primarily into cement manufacturing and sugar production which account for around 96 per cent of its total revenues

RBI Monetary Policy June 2024: Economists anticipate the MPC to hold the benchmark repo rate steady at 6.5%.

The dollar index, which gauges the greenback’s strength against a basket of six currencies, was trading 0.17 per cent higher at 104.25.

The investment, Microsoft's biggest to date in Sweden, includes a pledge to help train some 250,000 people with AI skills, corresponding to 2.4% of the population that will help boost the Nordic country's competitiveness

Unlisted shares of TBI Corn Limited are trading Rs 84 higher in the grey market, expecting a 89.36 per cent listing gain from the public issue.

GST Collection in May 2024: The 10% growth has been recorded on the back of a strong increase in domestic transactions (up 15.3 per cent) and slowing of imports (down 4.3 per cent)

Over 308 metric tonnes of gold held in India is used to back the issued notes while another 100.28 tonnes is held locally as an asset for the banking department.

Since the inception of SGB scheme in November 2015, a total of Rs 72,274 crore (146.96 tonne) has been raised through 67 tranches.

Though India's Q4 GDP growth is the lowest in the past 4 quarters, they have still surpassed all analysts' expectations by touching 7.8 per cent.

Stocks to watch: Shares of firms like Tata Steel, Infosys, Cummins India, GMR Airports, RR Kabel, SJVN, and others will be in focus on Thursday's trade.

Unlisted shares of Vilas Transcore Limited are trading Rs 110 higher in the grey market, expecting a strong 74.83 per cent listing gain from the public issue

Check latest petrol, and diesel prices in Chennai, Kolkata, Bengaluru, Lucknow, Noida, and Gurugram on May 29, 2023