PM Modi highlights Mark Mobius’ ‘love for India’; says renowned global investor believes 50% should be invested in Indian stock market – Times of India

Citing Mobius’ view, PM Modi said, “Mark Mobius is one of the many persons who loves India. Prime Minister Narendra Modi has highlighted renowned global investor Mark Mobius’ ‘love’ for India. PM Modi on Monday emphasized the increasing confidence of global investors in India’s thriving economy, citing the recent comments by Mark Mobius.In August, Mobius…

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Billionaire Adar Poonawala to pick 50% stake in Karan Johar’s Dharma Productions for Rs 1,000 crore: Report – Times of India

Poonawalla is making this investment privately through Serene Productions. Johar will retain the remaining stake. Adar Poonawalla, the billionaire CEO of the Serum Institute of India, is acquiring a 50% stake in Karan Johar‘s Dharma Production and Dharmatic Entertainment for Rs 1,000 crore. This investment values the film and television production and distribution company at…

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Hyundai IPO GMP: Grey Market Premium surges to 5% over issue price as India’s largest IPO lists tomorrow – Times of India

In the grey market, Hyundai’s shares are currently trading at Rs 2,067. Hyundai IPO listing: The grey market premium (GMP) for Hyundai’s IPO has experienced a significant turnaround, rising to 5% from a previous dip of -3%. This shift in GMP indicates an improvement in investor sentiment surrounding Hyundai, suggesting a potentially positive listing.In the…

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BSE, NSE announce Diwali Muhurat Trading: Check date and time – Times of India

This is a representational image (Pic credit: Reuters) NEW DELHI: The Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), two of India’s prominent stock exchanges, have announced a special one-hour trading session called ‘Muhurat Trading‘ on November 1, which coincides with the festival of Diwali. This symbolic trading session, scheduled between 6 pm…

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From December 28, higher compensation for international flyers for death, delay – Times of India

MUMBAI: In a move set to benefit passengers boarding international flights, including those to and from India, the International Civil Aviation Organization (ICAO) has announced significant increases in compensation limits payable by airlines in cases of death, injury, flight delay, and baggage and cargo issues.The revised upper limit for compensation payable under the Montreal Convention…

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