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From Gift Nifty to US Fed meeting outcome: 8 key things that changed for Indian stock market overnight

New Delhi, July 30 -- The Indian stock market benchmark indices, Sensex and Nifty 50, are expected to open on a muted note on Thursday, 30 July, after the US Fed decides to hold rates and ongoing US-Iran war tensions.Asian markets traded mixed on Thursday, while the US stock market witnessed a shar…

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indexStocksIN

Rapido's Ownly looks beyond order value in food delivery push

Bengaluru, July 29 -- Rapido's food delivery platform Ownly is betting that cheaper food delivery, not higher commissions, will be the next growth driver for India's online food delivery market, with the company prioritizing new customers and restaurant sign-ups over gross order value (GOV)."The ke…

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EconomyStocksIN

Dabur volumes to remain under pressure, says global CEO Mohit Malhotra

Mumbai, July 29 -- Volumes will remain under pressure as macroeconomic factors, such as raw material costs and the monsoon, have become key levers determining growth, said Dabur India's global chief executive Mohit Malhotra in a post-earnings conference call on Wednesday."Price growth and value gro…

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EconomyStocksIN

PNB Housing Finance tops list of mutual funds' 10 favourite small-cap stocks; Crompton Greaves, Delhivery make the cut

New Delhi, July 29 -- Despite differences in investment strategies, a handful of small-cap stocks have emerged as favourites among fund managers. Companies from sectors such as housing finance, consumer durables, banking and logistics are each held by more than 100 mutual fund schemes.The latest an…

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ETFsStocksIN

L&T expands into EV components, to cash in on premiumization wave

New Delhi, July 29 -- New Delhi: Infrastructure-to-information technology conglomerate Larsen & Toubro Ltd (L&T) is joining the Tata group, the Mahindra group and JSW Group in expanding into electric vehicle (EV) components such as traction motors, drive control units and premium electronic systems…

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StocksIN

mid tier it firms ai growth scale

New Delhi, July 29 -- Persistent Systems, an Indian technology services company, had an eye on the German firm Nagarro for a few years.The digital engineering firm with over 300 customers in Europe first came into the limelight after private equity player Warburg Pincus explored a potential buyout…

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