Good Returns (in)

3 days ago | goodreturns.in | Swati Nair

Business On Wednesday, a promoter of Kaynes Technology India sold a 1.8% stake in the company, amounting to Rs 624 crore, through open market transactions. Ramesh Kunhikannan, a promoter from Mysore-based Kaynes Technology India, executed the sale. The shares were sold on both the NSE and BSE. Kaynes Technology Stake SaleKunhikannan sold 6.25 lakh shares on the NSE and 5 lakh shares on the BSE, totalling a 1.8% stake. The shares were sold at prices ranging from Rs 5,550.87 to Rs 5,553.03 each.

3 days ago | goodreturns.in | Swati Nair

Business Bata India is aiming for a revenue growth strategy focused on volume over the next five years, targeting middle-class Indians. The company seeks to offer value propositions and adjust cost prices to remain relevant to this consumer segment, according to Managing Director & CEO Gunjan Shah during an earnings call. Shah emphasised the importance of maintaining a volume-driven growth trajectory, acknowledging potential fluctuations in quarterly performance.

3 days ago | goodreturns.in | Pooja Jaiswar

Personal Finance Gold rates in India have rallied for second consecutive day since the start of this week's trading session. The gaining momentum is expected to continue on Wednesday, June 4th. 100 grams gold of 24 carat surged by Rs 17,500 from June 2-3. That being said, the 10-gram gold price hit its highest June level to Rs 99,060 in 24 carat, a Rs 2,290 distance from its all-time high. MCX gold climbed above the Rs 98,000 mark. "The market is now consolidating ahead of key U.S. economic releases.

4 days ago | goodreturns.in | Swati Nair

Business A consortium led by Schloss Bangalore The Leela has been allocated a commercial plot in Mumbai's Bandra-Kurla Complex by the Mumbai Metropolitan Region Development Authority (MMRDA). This plot will host a mixed-use development, featuring a 250-key luxury hotel, as per the company's regulatory filing. The consortium, which includes Arliga Ecospace Business Park Pvt Ltd and Schloss Chanakya Pvt Ltd, has secured an 80-year lease for this commercial plot.

4 days ago | goodreturns.in | Pooja Jaiswar

Business The Indian stock market extended its losing streak on Tuesday, with Sensex falling below 80,600 levels and Nifty struggling to breathe around the 24,500 mark. Broad-based selloffs emerged across sectoral indices as the RBI policy meeting commenced on June 3. Investors are jittery amidst rising global tensions. On Wednesday, the market is expected to be bearish.