Home Business Top Business News: November 9, 2022

Top Business News: November 9, 2022

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Top Business News: November 9, 2022

2.45 p.m

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CtrlS hires Google veteran Ashish Ahuja for CTO role

Before joining CtrlS, Ahuja worked as Director of Global Network Infrastructure at Google.

2.25 p.m

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Climate Financing: India’s stand at COP27

Finance will be a dominating theme in the COP27, currently underway at Sharm el-Sheikh, Egypt

1.45 pm

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How Maharashtra farmers continue to gain from the repealed farm laws 

Now, farmer producer companies will set up their own APMC yards

1.15 p.m

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Disney+ gains 12 million subscribers, but losses accumulate

Disney+, Hulu and ESPN+ had a combined total of 235.7 million subscribers

12.45 pm

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TVS Motor, Amazon India in pact for electric 2 & 3-wheeler deployment

Amazon will deploy TVS Motor’s electric vehicles for its last-mile deliveries

12.20 pm

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COP27: What will global leaders be brainstorming about

12.10 p.m

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Climate Financing: India’s stand at COP27

Finance will be a dominating theme in the COP27, currently underway at Sharm el-Sheikh, Egypt

12.05 p.m

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Rupee rises 50 paise to 81.42 against US dollar in early trade

Sustained foreign fund inflows amid dollar weakness overseas supported the rupee

12 noon

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Climate Financing: India’s stand at COP27

Finance will be a dominating theme in the COP27, currently underway at Sharm el-Sheikh, Egypt

11.55 am

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Cochin Shipyard bags a ₹1,000-crore order from European client

The CSL’s order is for constructing ‘Commissioning Service Operation Vessels’ for offshore wind farms

11.50 a.m

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Milma likely to hike milk prices in Kerala 

Inevitable in view of steep rise in input costs, feels Programming Committee

11.30 a.m

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Nifty’s prediction for November 9, 2022: Initiate longs on dips

The Nifty futures is expected to resume rally at a key support 

11.05 a.m

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 India: Outshining most global peers

Indian equities have put up a robust performance amid macro challenges such as inflation, rising interest rates and currency depreciation

10.55 am

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Sensex rises over 170 pts in early trade; Nifty above 18,250

A strong rupee against the US dollar and continued foreign capital inflows also supported the domestic markets

10.50 am

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Musk Sells $3.95 Billion of Tesla Stock After Buying Twitter

Musk unloaded 19.5 million shares, according to regulatory filings in New York, his first disposals since August

10.40 am

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MRF gets nod to raise funds up to ₹150 crore via NCDs

Reports a drop of 32% in Q2 net profit at ₹124 crore

10.30 am

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Sundram Fasteners posts 7% drop in Q2 profit at ₹112 cr

The bottomline was impacted due to sharp rise in the raw material costs

10.20 am

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IPO screener: Five Star Business Finance issue opens on Nov 9, 2022

Price band fixed at ₹450-474; market lot is 32 shares

10.10 am

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Why you should hold the stock Triveni Engineering

Despite being a weak quarter operationally, the expectations of a strong performance in the near term has helped the Triveni Engineering stock.

10 a.m

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6.3 magnitude earthquake hits Nepal; tremors felt across north India

The tremors were felt in Delhi and surrounding areas of Ghaziabad and Gurugram and even in Lucknow, jolting people out of their sleep.

9.55 am

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Sachin Tendulkar helps ‘Pele’ with catch on Goa beach

A video showed Tendulkar interacting with a fisherman named Pele at Caranzalem beach, discussing the traditional way of fishing

9.45 am

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Stocks that will see action on November 9, 2022

Buzzing stocks: Tata Motors, BEML, Engineers India, Nalco, Allcargo, Ceat, BEL, MCX, GIC, Quess Corp, Barbeque, Narayana Hrudalaya

9.30 am

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Archean Chemical IPO: Should you subscribe?

IPO proceeds to clear debt from earlier expansion; growth dependent on next expansion plans.

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