{
IND

Country

}
coffee prices surge amid climate challenges and supply concerns
Indian coffee brands are raising prices, with Nestle implementing its fourth price hike, leading to increased costs for instant coffee. Supply risks, exacerbated by heavy rains and droughts, are driving global coffee prices higher, while Arabian coffee levels reach their highest since 1977.
summary_large_image
United States Dollar Nestlé S.A. IND Praveen Jaipuriar
Finance & Economy, News Article
12:57 18.12.2024
switzerland withdraws mf n status for india but nestle india unaffected
Switzerland has withdrawn the Most Favoured Nation (MFN) status granted to India following a Supreme Court ruling affecting Nestlé and other companies. Nestlé India stated that this decision will not impact its operations, as it has been deducting a 10% withholding tax. The Swiss authorities noted that the ruling highlighted a lack of reciprocity regarding the Double Taxation Avoidance Agreement, leading to higher tax demands on dividends for Swiss and other multinational companies.
BusinessLine
United States Dollar Nestlé S.A. CHE IND Kamal Narang Suresh Narayanan
Regulatory & Legal, News Article
11:09 18.12.2024
Binance delists WRX AKRO and BLZ tokens causing significant price drops
Binance has announced the delisting of WazirX (WRX), Kaon (AKRO), and Bluzelle (BLZ) tokens, leading to significant price drops of 40%, 25%, and 24%, respectively. The exchange cited failure to meet high standards in development activity, trading volume, and regulatory compliance as reasons for the decision. Users are advised to close positions and manage holdings before key deadlines, with trading pairs set to be removed on December 25, 2024.
Coinpedia Fintech News
United States Dollar IND
Finance & Economy, Market Report
10:33 18.12.2024
global ipo market sees decline with europe and usa showing resilience
In 2024, global IPO activity declined, with a 10% drop in the number of offerings to 1,215 and a 4% decrease in transaction value to $121 billion. The US market saw significant growth, while China's IPOs plummeted by over half, reflecting stark regional disparities influenced by deglobalization and interest rate changes. Switzerland's Galderma IPO ranked fifth globally, and experts express optimism for a market revival in 2025, driven by favorable conditions and potential deregulation in the US.
finews.ch
Euro Indian Rupee United States Dollar Chinese Yuan Hong Kong Dollar PUIG BRANDS, S.A. CLASE B MIDEA GROUP Hyundai Motor Company USA CHE ESP IND CHN Tobias Meyer Show more
Finance & Economy, Market Report
10:23 18.12.2024
global ipo activity declines in 2024 with notable regional differences
In 2024, global IPO activity declined, with a 10% drop in the number of offerings to 1,215 and a 4% decrease in transaction value to $121 billion. The U.S. market saw significant growth, while China experienced a dramatic slump, with IPOs halving to 170 and transaction value plummeting by 65%. Despite challenges, optimism for a revival in capital markets is noted, particularly in Switzerland, driven by interest rate cuts and favorable market conditions.
finews.com
Euro Indian Rupee United States Dollar Chinese Yuan Hong Kong Dollar PUIG BRANDS, S.A. CLASE B MIDEA GROUP Hyundai Motor Company USA CHE ESP IND Tobias Meyer Show more
Finance & Economy, Market Report
10:23 18.12.2024
Indian stock market faces sharp decline amid economic concerns and foreign outflows
India's trade deficit reached a record $37.84 billion in November, driven by high gold imports, raising concerns about the economy. The stock market has faced significant pressure, with the Sensex dropping 2,000 points over three days, influenced by a weak rupee and foreign capital outflows amid cautious market sentiment ahead of the US Federal Reserve's policy meeting.
mint
United States Dollar Indian Rupee Kotak Securities Ltd. USA IND Amit Goela Vinod Nair Shrikant Chouhan Anuj Choudhary Show more
Finance & Economy, Market Report
10:22 18.12.2024
coffee prices surge as nestle and continental coffee implement multiple hikes
Coffee prices are on the rise as Nestle and Continental Coffee implement multiple hikes this year, impacting consumers significantly. Nestle's 45-gram jar has increased from Rs 180 to Rs 230, while the 90-gram jar rose from Rs 350 to Rs 440. The surge is attributed to rising Arabica bean prices, driven by adverse weather in Brazil and Vietnam, alongside increased input costs for both companies.
summary_large_image
United States Dollar CCL Products (India) Limited Nestlé S.A. BRA VNM IND Show more
Finance & Economy, News Article
09:58 18.12.2024
gene therapy market poised for growth driven by innovation and collaboration
The global gene therapy market, valued at $7.54 billion in 2022, is projected to reach $41.38 billion by 2031, driven by increased R&D, favorable regulations, and collaborations between pharmaceutical companies and academic institutions. North America leads the market, with significant advancements in biotechnology and numerous clinical trials. Recent developments include Novartis's acquisition of a gene therapy candidate from Avrobio and Bristol-Myers Squibb's expansion of its cell therapy manufacturing network.
openPR.com
United States Dollar Novartis AG Bristol-Myers Squibb Co MEX CAN FRA IND KOR CHN ZAF DEU USA ITA GBR ESP JPN ARG BRA Brian Johnson Show more
Healthcare, Market Report
08:28 18.12.2024
Vishal Mega Mart IPO soars with 33 percent premium debut on NSE
Vishal Mega Mart made a remarkable debut on the NSE, listing at a 33.33% premium over its IPO price of Rs 78, opening at Rs 104 and later reaching Rs 111.19, marking a 42% increase. The Rs 8,000-crore IPO was oversubscribed over 27 times, with significant backing from major anchor investors.
Moneycontrol
Indian Rupee Vishal Mega Mart Ltd. SGP IRL IND Show more
Finance & Economy, Market Report
05:29 18.12.2024
nestle india shares decline amid challenging market conditions and trading volume updates
Nestle India shares closed at Rs 2188.05 on December 18, 2024, reflecting a 0.68% decline. The stock has faced a challenging six-month return of -13.9% and a one-year return of -9.56%, with trading volume at 868,322, slightly below the 7-day average.
website
Indian Rupee Nestlé India Limited IND
Finance & Economy, Market Report
04:00 18.12.2024
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