Aug 21, 2024 11:07 AM IST
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Latest news on August 21, 2024: Bhavish Aggarwal, CEO of Ola Cabs, and founder of Ola Electric, speaks during a press conference ahead of the company’s IPO launch in Mumbai.
Business News LIVE Updates Today: Keep up to date with stories on top industry players like Bill Gates, Elon Musk, Mukesh Ambani, and Gautam Adani as we provide comprehensive coverage of all the latest business developments. Also, track the current gold and silver prices here. Stay informed about all things business with us. Disclaimer: This is an AI-generated live blog and has not been edited by Hindustan Times staff.…Read More
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Aug 21, 2024 11:07 AM IST
Business News LIVE Updates: Ola Electric emerges as one of India’s most successful IPOs. Here’s why
- Before the trading day starts we bring you a digest of the key news and events that are likely to move markets. Today we look at:
Aug 21, 2024 10:40 AM IST
Business News LIVE Updates: PM Modi congratulates RBI Governor Shaktikanta Das for receiving ‘A+’ global rating: ‘Recognition of leadership’
- The rating was awarded by Global Finance’s Central Banker Report Cards 2024 which has been publishing the Central Banker Report Cards since 1994.
Aug 21, 2024 10:15 AM IST
Business News LIVE Updates: Gold and silver rates today on 21-08-2024: Check latest prices in your city
- Gold and Silver Rates Today: The price of 10 gm of 24 carat gold is Rs. 73312.0/10 grams in Delhi, whereas 1 kg of silver is Rs. 85410.0/Kg in Delhi.
Aug 21, 2024 10:04 AM IST
Business News LIVE Updates: Orient Technologies IPO: Price band, GMP amid 10 things to know as issue opens for subscription
- Through the IPO, Orient Technologies is planning to raise ₹215 crore- including a fresh equity sale of ₹120 crore and an offer for sale of 46 lakh shares.
Aug 21, 2024 9:53 AM IST
Business News LIVE Updates: Anand Mahindra’s praise for ‘gold medal winner’ RBI’s Shaktikanta Das: ‘Shown his mettle’
- Shaktikanta Das received an ‘A+’ rating for the second consecutive year in the Global Finance Central Banker Report Cards 2024.
Aug 21, 2024 9:04 AM IST
Business News LIVE Updates: RBI Governor Shaktikanta Das ranked as top central banker for 2nd straight year
- RBI Governor Shaktikanta Das has been placed at the top of the list of three central bank governors, who have been rated A.
Aug 21, 2024 8:54 AM IST
Business News LIVE Updates: Why Maruti Suzuki India is ‘adjusting’ production and reducing dealer stock ahead of Diwali: Will it affect car prices?
- The decision comes amid owing to “slower than expected” demand for passenger vehicles in the Indian market in the first quarter of 2024-25.
Aug 21, 2024 8:29 AM IST
Business News LIVE Updates: QVC Exports IPO opens for subscription: Price band at ₹86 per share, check key details of SME issue
- QVC Exports IPO opens on August 21 and concludes on August 23. The IPO allotment date is August 26 and the listing date is August 28.
Aug 21, 2024 8:08 AM IST
Business News LIVE Updates: Walmart is seeking up to $3.74 billion in sale of JD.com stake
- The envisioned deal comes as Walmart refines its strategy in the world’s second-largest economy, where retail is dominated by online platforms such as Alibaba.
Additional Insight:
– Ola Electric’s successful IPO underscores the growing interest in the electric vehicle sector in India, reflecting consumer demand for sustainable transportation solutions. This development could pave the way for more investments in the EV market in the country.
– The accolades received by RBI Governor Shaktikanta Das highlight the importance of strong leadership in financial institutions, impacting global perceptions of India’s economic stability and policy effectiveness.
– Maruti Suzuki’s production adjustments indicate the necessity for car manufacturers to adapt to shifting market demands, signaling potential changes in pricing strategies and inventory management within the automotive industry.
– Walmart’s divestment in JD.com showcases the evolving strategies of multinational corporations in the competitive Chinese retail landscape, emphasizing the significance of digital platforms in modern commerce.
