Amit Goel, a 46-year-old based in Mumbai who is also a business owner planning for his daughter’s education, noted, “I would not look at it simply as paying a premium for a foreign university name. The real question for me is whether the additional cost translates into better learning, employability, international exposure, industry access, future mobility, alumni networks and more.”
Shares of TD Power Systems rallied over 12% to Rs 1,433 apiece on the BSE on Wednesday after the company reported a 72% year-on-year (YoY) increase in Q1 profit after tax (PAT) to Rs 86 crore, compared with Rs 50 crore in the year-ago quarter. The company reported its Q1 earnings post-market hours on Tuesday….
Homeowners in Mumbai may have a reason to challenge maintenance bills that vary based on the size or use of their property. The Maharashtra co-operative court held in a recent ruling that housing societies cannot arbitrarily charge higher maintenance fees from owners of larger flats or commercial units unless there is a solid legal reason…
In the Nifty500 pack, 11 stocks’ closing prices crossed below their 200 DMA (Daily Moving Averages) on August 31, according to stockedge.com’s technical scan data. Trading below the 200 DMA is considered a negative signal because it indicates that the stock’s price is below its long-term trend line. Traders use the 200 DMA as a…
Shares of Devyani International jumped as much as 4.02% to Rs 155.36 during Thursday’s trading session after the company announced a key update to its proposed merger with Sapphire Foods India. The company said the Scheme of Arrangement between Devyani International and Sapphire Foods India remains on track, while the proposed secondary sale of shares…
Gold slid to a two-week low on Tuesday as the U.S.-Iran conflict in the Gulf sent oil prices soaring and fuelled inflation fears, with hawkish remarks from Federal Reserve Governor Christopher Waller further reinforcing bets on higher U.S. interest rates. FUNDAMENTALS Spot gold was down 0.2% at $3,993.83 per ounce by 0110 GMT, having shed…
The government’s new incentive framework for mobile phone manufacturing is likely to favour companies with scale, export capabilities and strong domestic supply chains, with Dixon Technologies well positioned to meet these requirements, according to Motilal Oswal Financial Services. According to Motilal Oswal, the Mobile Phone Manufacturing Scheme (MPMS) has an incentive outlay of Rs 62,500…