Articles for tag: Crore, Financial, Funding, Market, Ongoing, Regain, Reputation, Restore, Secures, , SpiceJet, Struggles

Market News

SpiceJet secures Rs 3,736 crore funding to regain market share and restore its reputation amidst ongoing financial struggles.

SpiceJet secures Rs 3,736 crore funding to regain market share and restore its reputation amidst ongoing financial struggles.

SpiceJet, the low-cost airline, has successfully raised Rs 3,000 crore through a Qualified Institutional Placement (QIP) from global investors to improve its efficiency and reliability. The airline also plans to receive an additional Rs 736 crore from past funding to bolster its financial stability and support growth initiatives. With this investment, SpiceJet aims to strengthen ...

Market News

The Indian job market shows signs of recovery, with rising employment among youth and increased female workforce participation.

The Indian job market shows signs of recovery, with rising employment among youth and increased female workforce participation.

The Indian job Market is currently facing challenges, particularly affecting entry-level positions for business school graduates. Both renowned and smaller institutions are seeing these impacts, with a decline in placement opportunities. However, there is a silver lining; in July, new monthly subscriptions to the Employees’ Provident Fund (EPF) rose by 2.6% to 1.05 million. The ...

Market News

The Indian rupee hits a new low against the dollar amid surging foreign investments, sparking concerns of market overheating.

The Indian rupee hits a new low against the dollar amid surging foreign investments, sparking concerns of market overheating.

This September, foreign investors have significantly increased their investments in Indian equities, pouring in around Rs 33,700 crore, mainly driven by the US Federal Reserve’s recent interest rate cut. This surge marks one of the highest monthly inflows this year, showcasing renewed confidence in the Indian Market. The overall investment from foreign portfolio investors has ...

Market News

Qualcomm considers acquiring struggling Intel, sparking potential landmark deal amidst Intel’s drastic turnaround efforts and market decline.

Qualcomm considers acquiring struggling Intel, sparking potential landmark deal amidst Intel’s drastic turnaround efforts and market decline.

Qualcomm is exploring the possibility of acquiring Intel amid the latter’s ongoing struggles in the semiconductor industry. The California-based company has proposed a friendly takeover, considering the purchase of all or part of Intel. This potential deal could be historic, especially as Intel faces significant challenges, including a sharp decline in its stock value over ...

Market News

Overseas funds are surging back into India’s  trillion market, driven by political stability and promising growth prospects.

Overseas funds are surging back into India’s $5 trillion market, driven by political stability and promising growth prospects.

Overseas funds are making a strong comeback in Indian stocks, as net foreign purchases reach $8.5 billion this quarter, the highest since mid-2023. Investors are encouraged by Prime Minister Narendra Modi’s stable government and India’s growing economy, which is set to become the third-largest globally by 2028. Despite Indian equities being pricier than many emerging ...

Market News

The Fed’s unexpected rate cut sparks global market tensions, igniting fears of a looming recession as policymakers scramble to respond.

The Fed’s unexpected rate cut sparks global market tensions, igniting fears of a looming recession as policymakers scramble to respond.

The Federal Reserve’s recent decision to cut interest rates by half a percentage point is likely to influence global monetary policies. Fed Chair Jerome Powell reassured the public that the U.S. economy remains stable, despite fears of recession. This rate cut provides relief to emerging markets facing high U.S. borrowing costs, allowing them to adjust ...

Market News

The Fed cuts interest rates amid job market concerns, signaling potential economic shifts ahead of a tight presidential election.

The Fed cuts interest rates amid job market concerns, signaling potential economic shifts ahead of a tight presidential election.

The Federal Reserve recently cut interest rates by half a percentage point, responding to concerns about the job Market‘s health. Chair Jerome Powell announced this decision, indicating growing confidence that inflation is moving toward the 2% target. The Fed expects to gradually lower rates further, aiming for a range of 2.75% to 3.00% by 2026. ...

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