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Nifty ends above 23,850 mark; broader mrkt outperforms
Realty, consumer durables and auto shares advanced while pharma and media shares declined.
Nazara Technologies Ltd spurts 2.68%, rises for fifth straight session
Nazara Technologies Ltd is quoting at Rs 293.5, up 2.68% on the day as on 12:44 IST on the NSE. The stock is down 11.87% in last one year as compared to a 4.14% slide in NIFTY and a 13.51% slide in the Nifty Media.
Ebola anxiety puts a chill on Indian travellers' hot Africa summer plans
Travellers are avoiding parts of Africa due to Ebola concerns. This is affecting bookings for East and Central Africa. Many are postponing trips instead of cancelling. Travel insurance inquiries have significantly increased. Destinations like Uganda are seeing more traveler anxiety. Other African nations remain popular choices. Media coverage and health worries are shaping travel decisions.
Quick Wrap: Nifty Media Index rises 1.78%
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India shares lower at close of trade; Nifty 50 down 0.23% - Investing.com India
India shares lower at close of trade; Nifty 50 down 0.23%Investing.com IndiaClosing Bell: Nifty below 23,200, Sensex down 150 pts; media, pharma, pvt banks rallyMoneycontrol.comSensex today | Stock Market Highlights: Sensex, Nifty end flat as early gains fade; gold prices slide sharplyBusinessLine
Zee Entertainment shares rise over 3% ahead of FIFA World Cup, Rs 2,300-crore fundraising plans
Zee Entertainment Enterprises' shares rose after its board approved raising at least Rs 2,300 crore to fund strategic initiatives and bolster its balance sheet. The media company also secured exclusive rights for FIFA events until 2034, including the 2026 and 2030 World Cups, amidst a challenging March quarter financial performance.
Zee Entertainment approves Rs 2,300 crore capital raise
Zee Entertainment Enterprises Ltd is raising at least Rs 2,300 crore. This capital will fund new business ventures and strategic plans. The company recently secured FIFA media rights until 2034. This move strengthens its balance sheet. Zee is also investing in digital platforms like Bullet and PhantomFX. The fundraising follows a challenging financial quarter for the broadcaster.
Quick Wrap: Nifty Media Index registers a drop of 2.36%
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Bombay HC rejects Lilavati Trust's interim application against HDFC Bank in ₹1,000 crore dispute
The Bombay High Court has rejected an interim plea by Lilavati Hospital's trust, which sought to prevent HDFC Bank from making public statements regarding a loan dispute. The trust had sued for ₹1,000 crore, alleging defamation by the bank's online posts. The court cited the trust's history of media campaigns against the bank as a reason for dismissal.
Stock Market Today: Sensex Ends Higher, Nifty Below 23,300 Amid Global Tensions - APAC Media
Stock Market Today: Sensex Ends Higher, Nifty Below 23,300 Amid Global TensionsAPAC Media
Apple expands child safety tools as social media bans grow
Apple is enhancing tools for parents to safeguard children online. New features will allow parents to manage app usage, content access, and communication for their kids. This comes as governments worldwide are restricting social media access for minors. These updates aim to help families establish age-appropriate digital protections and healthy online habits.
PVR Inox Ltd eases for fifth straight session
PVR Inox Ltd is quoting at Rs 966.35, down 0.01% on the day as on 13:19 IST on the NSE. The stock tumbled 26.55% in last one year as compared to a 7.57% slide in NIFTY and a 14.75% fall in the Nifty Media index.