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IndiaTV Business: Google News Feed: Digest for April 12, 2024

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Benchmark equity indices climbed in early trade on Monday, with the Sensex and Nifty reaching record highs, amid optimism in global markets and foreign fund inflows. Buying in index major Reliance Industries also fuelled the rally in equities. The 30-share BSE Sensex jumped 307.22 points to reach a record high of 74,555.44 in early trade. The NSE Nifty climbed 79.6 points to 22,593.30.
The equity benchmark indices Sensex and Nifty reached their fresh record highs on Monday, amid optimism in global markets and foreign fund inflows. Buying in index major Reliance Industries also fuelled the rally in equities.
Benchmark equity indices continued their record-breaking rally on Tuesday, with the BSE Sensex breaching the historic 75,000-mark for the first time ever in early trade and the Nifty climbing to its fresh new record peak.
Paytm (PAYT.NS) on Tuesday (April 9) said that Surinder Chawla has resigned as the chief executive officer of its banking unit Paytm Payments Bank "on account of personal reasons".
Multibagger smallcap stock from the industrial sector, Gujarat Toolroom, has informed BSE about the next dividend payment. According to an exchange filing, the board has declared a whopping 100 per cent payout on each stock to shareholders. A dividend is a portion of profits that a listed company pays to its shareholders as per the regulations. Dividend payouts can be done monthly, quarterly or annually.
The SME segment has been flooded with public offers over the past few years. More and more companies are going public by launching their IPOs. The SME IPOs have garnered overwhelming responses from both retail and high-net-worth individuals amid economic resilience. After a rights issue earlier in February this year, pharma stock Dipna Pharmachem will soon announce twin corporate actions of bonus distribution and sub-division of the face value of equities.
The Indian stock market witnessed a positive start on Wednesday, with both the benchmark indices, Sensex and Nifty, making significant gains in early trade. The Sensex, India's key equity index, surged by 273.65 points to reach 74,957.35 in early trading hours. This upward movement indicates a strong opening for the stock market. In tandem with the Sensex, the Nifty, representing the broader market sentiment, advanced by 83.85 points to reach 22,726.60 during early trading sessions.
The stock markets will remain closed on the occasion of Eid-uL-Fitr and Ram Navami on Thursday (April 11) and next Wednesday (April 17) respectively. But, according to the regularity, the commodity market will remain open for the evening trading session from 5 pm to 11.30 pm (MCX & NSE). 
Bank customers across India will face disruptions in banking services as banks are set to remain closed for five consecutive days this week due to a series of religious holidays and the weekend. Additionally, in some states, the holiday period extends into the following week, with Monday and Tuesday also designated as non-working days.
In March, Systematic Investment Plan (SIP) inflows hit a record high, reaching Rs 19,271 crore, as per data from the Association of Mutual Funds in India (AMFI). This surge in investments signifies a significant shift in India's financial landscape, from a nation known for its saving habits to one embracing investment opportunities, signalling a transformative phase in the country's financial sector.
Benchmark equity indices climbed in early trade on Monday, with the Sensex and Nifty reaching record highs, amid optimism in global markets and foreign fund inflows. Buying in index major Reliance Industries also fuelled the rally in equities. The 30-share BSE Sensex jumped 307.22 points to reach a record high of 74,555.44 in early trade. The NSE Nifty climbed 79.6 points to 22,593.30.
The equity benchmark indices Sensex and Nifty reached their fresh record highs on Monday, amid optimism in global markets and foreign fund inflows. Buying in index major Reliance Industries also fuelled the rally in equities.
Benchmark equity indices continued their record-breaking rally on Tuesday, with the BSE Sensex breaching the historic 75,000-mark for the first time ever in early trade and the Nifty climbing to its fresh new record peak.
Paytm (PAYT.NS) on Tuesday (April 9) said that Surinder Chawla has resigned as the chief executive officer of its banking unit Paytm Payments Bank "on account of personal reasons".
Multibagger smallcap stock from the industrial sector, Gujarat Toolroom, has informed BSE about the next dividend payment. According to an exchange filing, the board has declared a whopping 100 per cent payout on each stock to shareholders. A dividend is a portion of profits that a listed company pays to its shareholders as per the regulations. Dividend payouts can be done monthly, quarterly or annually.
The SME segment has been flooded with public offers over the past few years. More and more companies are going public by launching their IPOs. The SME IPOs have garnered overwhelming responses from both retail and high-net-worth individuals amid economic resilience. After a rights issue earlier in February this year, pharma stock Dipna Pharmachem will soon announce twin corporate actions of bonus distribution and sub-division of the face value of equities.
The Indian stock market witnessed a positive start on Wednesday, with both the benchmark indices, Sensex and Nifty, making significant gains in early trade. The Sensex, India's key equity index, surged by 273.65 points to reach 74,957.35 in early trading hours. This upward movement indicates a strong opening for the stock market. In tandem with the Sensex, the Nifty, representing the broader market sentiment, advanced by 83.85 points to reach 22,726.60 during early trading sessions.
The stock markets will remain closed on the occasion of Eid-uL-Fitr and Ram Navami on Thursday (April 11) and next Wednesday (April 17) respectively. But, according to the regularity, the commodity market will remain open for the evening trading session from 5 pm to 11.30 pm (MCX & NSE). 
Bank customers across India will face disruptions in banking services as banks are set to remain closed for five consecutive days this week due to a series of religious holidays and the weekend. Additionally, in some states, the holiday period extends into the following week, with Monday and Tuesday also designated as non-working days.
In March, Systematic Investment Plan (SIP) inflows hit a record high, reaching Rs 19,271 crore, as per data from the Association of Mutual Funds in India (AMFI). This surge in investments signifies a significant shift in India's financial landscape, from a nation known for its saving habits to one embracing investment opportunities, signalling a transformative phase in the country's financial sector.
The equity benchmark indices Sensex and Nifty reached their fresh record highs on Monday, amid optimism in global markets and foreign fund inflows. Buying in index major Reliance Industries also fuelled the rally in equities.
Benchmark equity indices continued their record-breaking rally on Tuesday, with the BSE Sensex breaching the historic 75,000-mark for the first time ever in early trade and the Nifty climbing to its fresh new record peak.
Paytm (PAYT.NS) on Tuesday (April 9) said that Surinder Chawla has resigned as the chief executive officer of its banking unit Paytm Payments Bank "on account of personal reasons".
Multibagger smallcap stock from the industrial sector, Gujarat Toolroom, has informed BSE about the next dividend payment. According to an exchange filing, the board has declared a whopping 100 per cent payout on each stock to shareholders. A dividend is a portion of profits that a listed company pays to its shareholders as per the regulations. Dividend payouts can be done monthly, quarterly or annually.
The SME segment has been flooded with public offers over the past few years. More and more companies are going public by launching their IPOs. The SME IPOs have garnered overwhelming responses from both retail and high-net-worth individuals amid economic resilience. After a rights issue earlier in February this year, pharma stock Dipna Pharmachem will soon announce twin corporate actions of bonus distribution and sub-division of the face value of equities.
The Indian stock market witnessed a positive start on Wednesday, with both the benchmark indices, Sensex and Nifty, making significant gains in early trade. The Sensex, India's key equity index, surged by 273.65 points to reach 74,957.35 in early trading hours. This upward movement indicates a strong opening for the stock market. In tandem with the Sensex, the Nifty, representing the broader market sentiment, advanced by 83.85 points to reach 22,726.60 during early trading sessions.
The stock markets will remain closed on the occasion of Eid-uL-Fitr and Ram Navami on Thursday (April 11) and next Wednesday (April 17) respectively. But, according to the regularity, the commodity market will remain open for the evening trading session from 5 pm to 11.30 pm (MCX & NSE). 
Bank customers across India will face disruptions in banking services as banks are set to remain closed for five consecutive days this week due to a series of religious holidays and the weekend. Additionally, in some states, the holiday period extends into the following week, with Monday and Tuesday also designated as non-working days.
In March, Systematic Investment Plan (SIP) inflows hit a record high, reaching Rs 19,271 crore, as per data from the Association of Mutual Funds in India (AMFI). This surge in investments signifies a significant shift in India's financial landscape, from a nation known for its saving habits to one embracing investment opportunities, signalling a transformative phase in the country's financial sector.
Wipro, an IT service company, named Malay Joshi as Chief Executive Officer (CEO) for 'Americas 1' strategic market unit, effective immediately, according to a company release. Joshi succeeds Srinivas Pallia, who was appointed Wipro CEO recently. 
The equity benchmark indices Sensex and Nifty reached their fresh record highs on Monday, amid optimism in global markets and foreign fund inflows. Buying in index major Reliance Industries also fuelled the rally in equities.
Benchmark equity indices continued their record-breaking rally on Tuesday, with the BSE Sensex breaching the historic 75,000-mark for the first time ever in early trade and the Nifty climbing to its fresh new record peak.
Paytm (PAYT.NS) on Tuesday (April 9) said that Surinder Chawla has resigned as the chief executive officer of its banking unit Paytm Payments Bank "on account of personal reasons".
Multibagger smallcap stock from the industrial sector, Gujarat Toolroom, has informed BSE about the next dividend payment. According to an exchange filing, the board has declared a whopping 100 per cent payout on each stock to shareholders. A dividend is a portion of profits that a listed company pays to its shareholders as per the regulations. Dividend payouts can be done monthly, quarterly or annually.
The SME segment has been flooded with public offers over the past few years. More and more companies are going public by launching their IPOs. The SME IPOs have garnered overwhelming responses from both retail and high-net-worth individuals amid economic resilience. After a rights issue earlier in February this year, pharma stock Dipna Pharmachem will soon announce twin corporate actions of bonus distribution and sub-division of the face value of equities.
The Indian stock market witnessed a positive start on Wednesday, with both the benchmark indices, Sensex and Nifty, making significant gains in early trade. The Sensex, India's key equity index, surged by 273.65 points to reach 74,957.35 in early trading hours. This upward movement indicates a strong opening for the stock market. In tandem with the Sensex, the Nifty, representing the broader market sentiment, advanced by 83.85 points to reach 22,726.60 during early trading sessions.
The stock markets will remain closed on the occasion of Eid-uL-Fitr and Ram Navami on Thursday (April 11) and next Wednesday (April 17) respectively. But, according to the regularity, the commodity market will remain open for the evening trading session from 5 pm to 11.30 pm (MCX & NSE). 
Bank customers across India will face disruptions in banking services as banks are set to remain closed for five consecutive days this week due to a series of religious holidays and the weekend. Additionally, in some states, the holiday period extends into the following week, with Monday and Tuesday also designated as non-working days.
In March, Systematic Investment Plan (SIP) inflows hit a record high, reaching Rs 19,271 crore, as per data from the Association of Mutual Funds in India (AMFI). This surge in investments signifies a significant shift in India's financial landscape, from a nation known for its saving habits to one embracing investment opportunities, signalling a transformative phase in the country's financial sector.
Wipro, an IT service company, named Malay Joshi as Chief Executive Officer (CEO) for 'Americas 1' strategic market unit, effective immediately, according to a company release. Joshi succeeds Srinivas Pallia, who was appointed Wipro CEO recently. 
Benchmark equity indices continued their record-breaking rally on Tuesday, with the BSE Sensex breaching the historic 75,000-mark for the first time ever in early trade and the Nifty climbing to its fresh new record peak.
Paytm (PAYT.NS) on Tuesday (April 9) said that Surinder Chawla has resigned as the chief executive officer of its banking unit Paytm Payments Bank "on account of personal reasons".
Multibagger smallcap stock from the industrial sector, Gujarat Toolroom, has informed BSE about the next dividend payment. According to an exchange filing, the board has declared a whopping 100 per cent payout on each stock to shareholders. A dividend is a portion of profits that a listed company pays to its shareholders as per the regulations. Dividend payouts can be done monthly, quarterly or annually.
The SME segment has been flooded with public offers over the past few years. More and more companies are going public by launching their IPOs. The SME IPOs have garnered overwhelming responses from both retail and high-net-worth individuals amid economic resilience. After a rights issue earlier in February this year, pharma stock Dipna Pharmachem will soon announce twin corporate actions of bonus distribution and sub-division of the face value of equities.
The Indian stock market witnessed a positive start on Wednesday, with both the benchmark indices, Sensex and Nifty, making significant gains in early trade. The Sensex, India's key equity index, surged by 273.65 points to reach 74,957.35 in early trading hours. This upward movement indicates a strong opening for the stock market. In tandem with the Sensex, the Nifty, representing the broader market sentiment, advanced by 83.85 points to reach 22,726.60 during early trading sessions.
The stock markets will remain closed on the occasion of Eid-uL-Fitr and Ram Navami on Thursday (April 11) and next Wednesday (April 17) respectively. But, according to the regularity, the commodity market will remain open for the evening trading session from 5 pm to 11.30 pm (MCX & NSE). 
Bank customers across India will face disruptions in banking services as banks are set to remain closed for five consecutive days this week due to a series of religious holidays and the weekend. Additionally, in some states, the holiday period extends into the following week, with Monday and Tuesday also designated as non-working days.
In March, Systematic Investment Plan (SIP) inflows hit a record high, reaching Rs 19,271 crore, as per data from the Association of Mutual Funds in India (AMFI). This surge in investments signifies a significant shift in India's financial landscape, from a nation known for its saving habits to one embracing investment opportunities, signalling a transformative phase in the country's financial sector.
Wipro, an IT service company, named Malay Joshi as Chief Executive Officer (CEO) for 'Americas 1' strategic market unit, effective immediately, according to a company release. Joshi succeeds Srinivas Pallia, who was appointed Wipro CEO recently. 
Digi Yatra, a system utilizing Facial Recognition Technology (FRT) for contactless and seamless passenger movement at airports, is set to expand its reach to 14 additional airports by the end of this month. Efforts are underway to enhance user experience through architectural adjustments, as stated by a senior executive. Presently, the service caters to nearly 5 million users across 14 domestic airports.
Benchmark equity indices continued their record-breaking rally on Tuesday, with the BSE Sensex breaching the historic 75,000-mark for the first time ever in early trade and the Nifty climbing to its fresh new record peak.
Paytm (PAYT.NS) on Tuesday (April 9) said that Surinder Chawla has resigned as the chief executive officer of its banking unit Paytm Payments Bank "on account of personal reasons".
Multibagger smallcap stock from the industrial sector, Gujarat Toolroom, has informed BSE about the next dividend payment. According to an exchange filing, the board has declared a whopping 100 per cent payout on each stock to shareholders. A dividend is a portion of profits that a listed company pays to its shareholders as per the regulations. Dividend payouts can be done monthly, quarterly or annually.
The SME segment has been flooded with public offers over the past few years. More and more companies are going public by launching their IPOs. The SME IPOs have garnered overwhelming responses from both retail and high-net-worth individuals amid economic resilience. After a rights issue earlier in February this year, pharma stock Dipna Pharmachem will soon announce twin corporate actions of bonus distribution and sub-division of the face value of equities.
The Indian stock market witnessed a positive start on Wednesday, with both the benchmark indices, Sensex and Nifty, making significant gains in early trade. The Sensex, India's key equity index, surged by 273.65 points to reach 74,957.35 in early trading hours. This upward movement indicates a strong opening for the stock market. In tandem with the Sensex, the Nifty, representing the broader market sentiment, advanced by 83.85 points to reach 22,726.60 during early trading sessions.
The stock markets will remain closed on the occasion of Eid-uL-Fitr and Ram Navami on Thursday (April 11) and next Wednesday (April 17) respectively. But, according to the regularity, the commodity market will remain open for the evening trading session from 5 pm to 11.30 pm (MCX & NSE). 
Bank customers across India will face disruptions in banking services as banks are set to remain closed for five consecutive days this week due to a series of religious holidays and the weekend. Additionally, in some states, the holiday period extends into the following week, with Monday and Tuesday also designated as non-working days.
In March, Systematic Investment Plan (SIP) inflows hit a record high, reaching Rs 19,271 crore, as per data from the Association of Mutual Funds in India (AMFI). This surge in investments signifies a significant shift in India's financial landscape, from a nation known for its saving habits to one embracing investment opportunities, signalling a transformative phase in the country's financial sector.
Wipro, an IT service company, named Malay Joshi as Chief Executive Officer (CEO) for 'Americas 1' strategic market unit, effective immediately, according to a company release. Joshi succeeds Srinivas Pallia, who was appointed Wipro CEO recently. 
Digi Yatra, a system utilizing Facial Recognition Technology (FRT) for contactless and seamless passenger movement at airports, is set to expand its reach to 14 additional airports by the end of this month. Efforts are underway to enhance user experience through architectural adjustments, as stated by a senior executive. Presently, the service caters to nearly 5 million users across 14 domestic airports.
Benchmark equity indices continued their record-breaking rally on Tuesday, with the BSE Sensex breaching the historic 75,000-mark for the first time ever in early trade and the Nifty climbing to its fresh new record peak.
Paytm (PAYT.NS) on Tuesday (April 9) said that Surinder Chawla has resigned as the chief executive officer of its banking unit Paytm Payments Bank "on account of personal reasons".
Multibagger smallcap stock from the industrial sector, Gujarat Toolroom, has informed BSE about the next dividend payment. According to an exchange filing, the board has declared a whopping 100 per cent payout on each stock to shareholders. A dividend is a portion of profits that a listed company pays to its shareholders as per the regulations. Dividend payouts can be done monthly, quarterly or annually.
The SME segment has been flooded with public offers over the past few years. More and more companies are going public by launching their IPOs. The SME IPOs have garnered overwhelming responses from both retail and high-net-worth individuals amid economic resilience. After a rights issue earlier in February this year, pharma stock Dipna Pharmachem will soon announce twin corporate actions of bonus distribution and sub-division of the face value of equities.
The Indian stock market witnessed a positive start on Wednesday, with both the benchmark indices, Sensex and Nifty, making significant gains in early trade. The Sensex, India's key equity index, surged by 273.65 points to reach 74,957.35 in early trading hours. This upward movement indicates a strong opening for the stock market. In tandem with the Sensex, the Nifty, representing the broader market sentiment, advanced by 83.85 points to reach 22,726.60 during early trading sessions.
The stock markets will remain closed on the occasion of Eid-uL-Fitr and Ram Navami on Thursday (April 11) and next Wednesday (April 17) respectively. But, according to the regularity, the commodity market will remain open for the evening trading session from 5 pm to 11.30 pm (MCX & NSE). 
Bank customers across India will face disruptions in banking services as banks are set to remain closed for five consecutive days this week due to a series of religious holidays and the weekend. Additionally, in some states, the holiday period extends into the following week, with Monday and Tuesday also designated as non-working days.
In March, Systematic Investment Plan (SIP) inflows hit a record high, reaching Rs 19,271 crore, as per data from the Association of Mutual Funds in India (AMFI). This surge in investments signifies a significant shift in India's financial landscape, from a nation known for its saving habits to one embracing investment opportunities, signalling a transformative phase in the country's financial sector.
Wipro, an IT service company, named Malay Joshi as Chief Executive Officer (CEO) for 'Americas 1' strategic market unit, effective immediately, according to a company release. Joshi succeeds Srinivas Pallia, who was appointed Wipro CEO recently. 
Digi Yatra, a system utilizing Facial Recognition Technology (FRT) for contactless and seamless passenger movement at airports, is set to expand its reach to 14 additional airports by the end of this month. Efforts are underway to enhance user experience through architectural adjustments, as stated by a senior executive. Presently, the service caters to nearly 5 million users across 14 domestic airports.
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