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8 mentions found


Indian shares set to tick up as global markets recover
  + stars: | 2023-09-29 | by ( ) www.reuters.com   time to read: +2 min
A man walks past the new logo of the Bombay Stock Exchange (BSE) building in Mumbai, India, July 12, 2023. REUTERS/Francis Mascarenhas/file photo Acquire Licensing RightsBENGALURU, Sept 29 (Reuters) - Indian shares were likely to open slightly higher on Friday, tracking gains in Asian peers as global markets stabilised from a recent sell-off, while crude prices eased from 10-month highs. India's GIFT Nifty (.GIFc1) was mostly unchanged at 19,636 points at 8:05 a.m. IST on the NSE International Exchange. Indian benchmarks were on track to end the Sept. quarter with minimal gains after a 10.5% rise in the previous quarter. ** Multi Commodity Exchange (MCEI.NS): India markets regulator has askedco to put on hold the proposed go-live of its new commodity derivatives platform planned for next week.
Persons: Francis Mascarenhas, IHC.AD, Anisha Ajith, Nivedita Organizations: Bombay Stock Exchange, REUTERS, Rights, NSE, Exchange, BSE, Accenture, U.S . Foreign, Energy, Adani Energy Solutions, International Holding, Adani, Commodity Exchange, Investment, Finance, Thomson Locations: Mumbai, India, U.S, Abu Dhabi, Bengaluru
Indian shares seen opening lower amid sustained foreign selling
  + stars: | 2023-09-26 | by ( ) www.reuters.com   time to read: +2 min
The new logo of the Bombay Stock Exchange (BSE) building is seen in Mumbai, India, July 12, 2023. REUTERS/Francis Mascarenhas/file photo Acquire Licensing RightsBENGALURU, Sept 26 (Reuters) - Indian shares are set to open lower on Tuesday, with higher-for-longer global interest rate expectations driving continuous foreign outflows from the domestic market amid subdued global sentiment. On Monday, the Nifty 50 (.NSEI) and the S&P BSE Sensex (.BSESN) closed mostly unchanged at 19,674.55 points, and 65,958 points, respectively. Foreign investors have been net sellers so far this month, offloading shares worth $1.36 billion, as of Sept. 22 after pouring in over $15 billion into Indian equities this year. On Monday, foreign institutional investors sold 23.33 billion rupees worth of shares, while domestic investors bought 15.79 billion rupees worth of shares, as per provisional exchange data.
Persons: Francis Mascarenhas, Ajith, Eileen Soreng Organizations: Bombay Stock Exchange, REUTERS, Rights, NSE, BSE, U.S, Federal, Of India, Realty, Hotel, & Realty, Sethuraman, Thomson Locations: Mumbai, India, Delhi, Bengaluru
The new logo of the Bombay Stock Exchange (BSE) building is seen in Mumbai, India, July 12, 2023. India's GIFT Nifty (.GIFc1) was up 0.25% to 19,692 points at 7:53 a.m. IST on the NSE International Exchange. Meanwhile, the Nifty 50 index recorded its worst week since February. Domestic markets have come under pressure in September with foreign investors offloading over $1 billion worth of shares as of Sept. 21. Foreign institutional investors (FII) sold shares worth 13.27 billion rupees on a net basis on Friday, while domestic investors bought 8.01 billion rupees, as per provisional stock exchange data.
Persons: Francis Mascarenhas, Abbott, Ajith, Sohini Goswami Organizations: Bombay Stock Exchange, REUTERS, Rights, NSE, Exchange, BSE, Delta Corp, Bajaj Finance, Abbott India, Sethuraman, Thomson Locations: Mumbai, India, India's Goa, Bengaluru
A man walks past the new logo of the Bombay Stock Exchange (BSE) building in Mumbai, India, July 12, 2023. Already, foreign investors have been net sellers so far this month, offloading shares worth $996.2 million as of Sept. 20. Foreign institutional investors (FII) sold shares worth 31.11 billion rupees ($375.2 million), on a net basis, on Wednesday and 30.07 billion rupees worth on Thursday, according to stock exchange data. Domestic investors, meanwhile sold shares worth 5.73 billion rupees on Wednesday but bought shares worth 11.58 billion rupees on Thursday, the data showed. Meanwhile, Indian government bonds will be included in JPMorgan's widely tracked emerging market debt index from June 2024, the Wall Street bank said on Friday.
Persons: Francis Mascarenhas, Dalal, Aparna Iyer, Raja, Tesla, Archishma Iyer, Anisha Ajith, Savio D'Souza Organizations: Bombay Stock Exchange, REUTERS, Rights, NSE, Exchange, BSE, Federal Reserve, Wipro, LG Energy, Exide Industries, Power Systems, Glenmark Pharmaceuticals, Sciences, Glenmark Pharma, Teck Resources, Sethuraman NR, Thomson Locations: Mumbai, India, U.S, Asia, Pacific, Japan, Teck
Adani Ports said its consolidated net profit fell 16% to 13.16 billion rupees ($159.10 million) in the third quarter. It expects EBITDA to increase to 145 billion rupees to 150 billion rupees next financial year. It also expects capital expenditure for the next financial year to drop to between 40 billion rupees and 45 billion rupees, from 86 billion rupees this financial year that ends in March. Adani Ports said it expects to repay loans, including bonds, worth 50 billion rupees next financial year. Its cash and cash equivalent were 62.57 billion rupees as of Dec. 31, while its net debt was 392.77 billion rupees.
"We have denied permission to the rally by the Hindu United Front. The port is of strategic importance to both India and billionaire Gautam Adani, Asia's wealthiest man and the world's third-richest. Critics say Adani, who comes from the same state as Modi, has benefited from the policies of the federal government. Earlier, Hindu United Front member C Babu told Reuters they would go ahead with the rally. The Adani Group has said in court filings that the protests have caused "immense loss" and "considerable delay".
[1/3] Police officers are deployed as fishermen protest near the entrance of the proposed Vizhinjam Port in the southern state of Kerala, India, November 9, 2022. REUTERS/Munsif VengattilKOCHI, India Nov 29 (Reuters) - Police in southern India on Tuesday ramped up security around Vizhinjam port being built by billionaire Gautam Adani's group after scores of people were injured during clashes with protesters from a fishing community over the weekend. Kerala state police were sending reinforcements to the Vizhinjam area to prevent further violence, he added. The Adani Group says the port complies with all laws and cited studies that show it is not linked to shoreline erosion. Five years ago, Australian environmental activists had launched a "Stop Adani" movement to protest his Carmichael coal mine project in Queensland state.
Sursa foto: scroll.inMiss World, Caroline Jurie, arestată în urma incidentului de pe scena Miss Sri LankaPoliţia a arestat-o pe deţinătoarea titlului Miss World, Caroline Jurie, după ce aceasta ar fi rănit-o pe Miss Sri Lanka, în timpul unei dispute pe scenă, relatează BBC. Miss Sri Lanka se numără printre concursurile de frumuseţe din seria Miss World pentru femei căsătorite, notează BBC. Imaginea mamelor singure din Sri Lanka"Există numeroase mame singure, ca mine, care suferă în Sri Lanka", a declarat ea ulterior într-o conferinţă de presă. Atât Jurie, cât şi organizatorul-şef al concursului de frumuseţe Miss Sri Lanka, Chandimal Jayasinghe, au fost interogaţi marţi de poliţie. Modul în care Caroline Jurie s-a comportat pe scenă a fost o ruşine, iar organizaţia 'Miss World' a început deja o anchetă pe această temă", a declarat a declarat anterior Jayasinghe pentru BBC.
Persons: Caroline Jurie, Miss Sri Lanka Poliţia, Pushpika, Silva, Jurie, Câştigătoarea, Sri, Ea, Silva . Ea Organizations: World, Miss, BBC, Miss World Locations: Miss Sri Lanka, Agerpres, Sri Lanka
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