Domestic ownership falls 1st time in 7 quarters, rise in foreign investment

Domestic investors’ — individual and institution — ownership in listed companies on the National Stock Exchange (NSE) declined for the first time in seven quarters amid a rise in investments by overseas funds. During the June quarter of the 2023-24 financial year (Q1FY24), it stood at 25.50 per cent, down 25.73 per cent from… Continue reading Domestic ownership falls 1st time in 7 quarters, rise in foreign investment

Diamondbacks’ Slade Cecconi earns 1st career strikeout in wildly unique fashion

Arizona Diamondbacks pitcher Slade Cecconi will not forget his first major league strikeout anytime soon.  Cecconi made his MLB debut Wednesday night against the San Francisco Giants and quickly made a lasting memory.  Slade Cecconi, #43 of the Arizona Diamondbacks, making his major league debut, pitches against the San Francisco Giants in the bottom of… Continue reading Diamondbacks’ Slade Cecconi earns 1st career strikeout in wildly unique fashion

Tunisia’s prez sacks PM, 1st woman to hold that job in Arab League nation

Tunisia’s president has sacked the country’s prime minister, who was the first woman to hold that job in an Arab League nation. A brief statement from the presidential office late Tuesday did not give reasons for the dismissal of Najla Bouden Ramadhane. President Kais Saied had appointed the engineering school professor as Tunisia’s… Continue reading Tunisia’s prez sacks PM, 1st woman to hold that job in Arab League nation

About 8,000 stakeholders to participate in 1st stainless-steel expo: ISSDA

Around 8,000 stakeholders are likely to participate in the first India Stainless-Steel Expo (ISSE) 2023, being organised under the steel ministry. The three-day event will begin on Thursday in Noida, Indian Stainless Steel Development Association (ISSDA) said in a statement on Tuesday. Issues related to input materials, processing machinery, finished products and… Continue reading About 8,000 stakeholders to participate in 1st stainless-steel expo: ISSDA

After missing 1st shot at listing, firms re-file DRHPs with lower size

Having missed their first shot at listing, companies are having a second-go but at a lowered size. In recent months, companies such as TVS Supply Chain Solutions, Suraj Estate Developers and ESAF Small Finance Bank have re-filed their draft red herring prospectus (DRHPs) with market regulator Securities and Exchange Board of India (Sebi) after… Continue reading After missing 1st shot at listing, firms re-file DRHPs with lower size

Sri Lanka records single-digit inflation for 1st time since economic crisis

Sri Lanka Flag (Photo: Wikipedia) Cash-strapped Sri Lanka on Monday said that its inflation has dropped to 6.3 per cent, a single-digit figure for the first time in two years, providing much-needed relief to the people amidst the worst financial crisis. In a statement, the Census and Statistics Office of the Sri Lankan… Continue reading Sri Lanka records single-digit inflation for 1st time since economic crisis

Macron becomes 1st French president to visit Sri Lanka, pledges assistance

In a ‘historic’ visit, French President Emmanuel Macron visited Sri Lanka on Saturday, had discussions with his counterpart, Ranil Wickremesinghe and also pledged assistance and support in the debt restructuring process. Notably, this was the first-ever visit by a French President to the island nation. During the visit, Wickremesinghe and Macron held… Continue reading Macron becomes 1st French president to visit Sri Lanka, pledges assistance

BCAS to launch aviation ‘security culture week’ for 1st time from July 31

Civil Aviation (Photo: Bloomberg) With faster growth of Indian aviation, the Bureau of Civil Aviation Security (BCAS) has decided to organise “security culture week” from July 31 for one week, officials said. India’s aviation security regulator the Bureau of Civil Aviation Security (BCAS) is organising an aviation security culture week from July 31… Continue reading BCAS to launch aviation ‘security culture week’ for 1st time from July 31