Fri, Feb 2, 2024 11:58 AM
Interim Budget: GPS tracker towards India’s unprecedented growth
A Flip by Avya Verma
Titan share price declined over 3% on Wednesday after the company reported a sharp fall in net profit for the second quarter of FY25 impacted by a cut in customs duty on gold imports. Titan shares sank as much as 3.69% to ₹3,113.65 apiece on the BSE. Titan Company reported a net profit of ₹705 crore in the quarter ended September 2024, a fall of 25% from ₹940 crore in the year-ago period.
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Swiggy IPO will open for public subscription today at 10 am in the primary market. The food delivery and quick-commerce firm is aiming to garner Rs 11,327 crore from its much-awaited initial share. The valuation of Swiggy has been pegged at about Rs 95,000 crore at the upper price band. Rival Zomato, which went public in July 2021, has a market valuation of Rs 2.13 lakh crore.
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Will Donald Trump get the keys back to the White House, or will Kamala Harris move into the Oval Office? The US presidential election outcome is expected to significantly impact Indian businesses, with a Trump win potentially benefiting export-driven industries and a Harris win having a more neutral effect, while triggering market volatility regardless of the outcome.
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