Mumbai: The stock markets showed resilience on Monday during mid-trading, shrugging off concerns raised by the recent Hindenburg report. Despite opening with a slight dip, both the BSE Sensex and Nifty 50 indices managed to recover during mid-day trading, moving into positive territory, indicating investor confidence and market strength. BSE Sensex had climbed to 79,909.
Mumbai: In the financial year 2024, Reliance Industries Limited laid off 11 percent of its workforce compared to the financial year 2023. The company reduced approximately 42000 employees in the current financial year. In financial year 2024, RIL’s employee strength stood at 347,000, whereas in financial year 2023 it was 389,000. Reliance Industries has reduced.
Ludhiana: As political and social unrest disrupts industrial activity in Bangladesh, Indian textile manufacturers are finding a temporary opportunity to negotiate new deals and regain some ground lost to their Bangladeshi counterparts. According to the industrialists, if garment manufacturing in Bangladesh faces prolonged closures, it can be a good opportunity for the Indian textile industry..
After weeks of warning from SEBI, RBI and the FM, the market regulator released a 'consultation' paper proposing measures to reduce trading activity in options.