Top India NEWS. Stock Market NEWS Updated Daily

Top India NEWS. Stock Market NEWS Updated Daily

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Top India NEWS. Stock Market NEWS Updated Daily

Total Expenditure incurred by Government is 83.4% of corresponding RE 2023-24

Total Expenditure incurred by Government is 83.4% of corresponding RE 2023-24

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Tag: Business Markets India    Source: business-standard.com   Dated: 2024-03-28

Core Industries Index Rises 6.7% On Year In February 2024

Core Industries Index Rises 6.7% On Year In February 2024

The combined index of eight core industries (ici) increased by 6.7 per cent (provisional) in february 2024 as compared to the index of february 2023. the final growth rate of index of eight core industries for november2023 is revised to 7.9 per cent. the c
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-03-28

Stock market rallies on last day of fiscal year; Bajaj twins climb over 3%

Stock market rallies on last day of fiscal year; Bajaj twins climb over 3%

The ongoing market surge can be attributed to a significant inflow of liquidity. domestic institutional investors (diis) have injected about rs 25,000 crore into the market over the past week, providing stability.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-03-28

SRM Contractors IPO subscribed 86.57 times

SRM Contractors IPO subscribed 86.57 times

The offer received bids for 37.57 crore shares as against 43.40 lakh shares on offer.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-03-28

NSE SME IPO of Aluwind Architectural subscribed 35%

NSE SME IPO of Aluwind Architectural subscribed 35%

The offer received bids for 22.89 lakh shares as against 64 lakh shares on offer.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-03-28

INR Dips Lower Amid Dollar Strength Ahead Of PCE Data; Firm Equities Limit Downside

INR Dips Lower Amid Dollar Strength Ahead Of PCE Data; Firm Equities Limit Downside

The indian rupee depreciated 6 paise to settle at 83.39 (provisional) against the us dollar on thursday due to a strengthening greenback against major rivals overseas and rising crude oil prices in the international markets. the dollar index is staying put
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-03-28

Strong economy, steady inflows power Nifty to best fiscal since 2021

Strong economy, steady inflows power Nifty to best fiscal since 2021

India's growth has also outpaced its asian peers, with the domestic economy speeding towards growth of 7.6% in fiscal 2024, the fastest among large economies
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-03-28

Japan Nikkei falls on ex-dividend selloff

Japan Nikkei falls on ex-dividend selloff

At closing bell, the 225-issue nikkei stock average index was down 594.66 points, or 1.46%, to 40,168.07. the broader topix index of all first section issues on the tokyo stock exchange fell 48.47 points, 1.73%, to 2,750.81.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-03-28

Australia Market closes near record high

Data on wednesday showed that australian consumer price inflation held at a two-year low in february, contrary to expectations for a slight uptick, making a case for interest rates to be cut later in the year. meanwhile, data from the australian bureau of
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-03-28

Hong Kong Market rebounds 0.9%

Xi pledged more policy support to improve its business environment in a meeting with more than a dozen us business executives from companies that included blackstone, pfizer and qualcomm in beijing on wednesday, underscoring beijings efforts to restore con
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-03-28

China Market recovers 0.6%

At close of trade, the benchmark shanghai composite index advanced by 0.59%, or 17.52 points, to 3,010.66. the shenzhen composite index, which tracks stocks on china's second exchange, rose by 1.72%, or 29.36 points, to 1,732.61. the blue-chip csi300 index
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-03-28

Singapore Market falls 0.85%

All eyes will be on the fed's preferred inflation gauge- the so-called core personal consumption expenditures (pce) price index data, due on friday. any negative surprises could further blur the u.s. rate cuts picture.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-03-28

Mukka Proteins consolidated net profit declines 53.75% in the December 2023 quarter

Sales rise 28.11% to rs 501.66 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-03-28

Non-food bank credit registered growth of 16.5% in February 2024

Rbi released today data on sectoral deployment of bank credit for the month of february 20241 collected from 41 select scheduled commercial banks, accounting for about 95 per cent of the total non-food credit deployed by all scheduled commercial banks. on
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-03-28

Euro Near One-Month Low Against Dollar; German Retail Sales Disappoints

Euro fell to near one-month low on thursday tracking massive gains in greenback coupled with weaker than expected german retail sales that added to further concerns regarding health of the economy. germany's retail sales dropped 1.9% from january. on a yea
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-03-28

Board of Indian Oil revises cost of Cauvery Basin Refinery and Petrochemicals project

At meeting held on 28 march 2024
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-03-28

Nifty April futures trade at premium

Hdfc bank, reliance industries and icici bank were the top traded contracts.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-03-28

Bajaj Finance rallies on buzz arm may go public

Bajaj finance advanced 3.09% to rs 7,240.35 as the nbfc's subsidiary, bajaj housing finance, is anticipated to launch an initial public offering by the end of 2024.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-03-28

Quick Wrap: Nifty PSU Bank Index gains 2.62%

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Tag: Business Markets India    Source: business-standard.com   Dated: 2024-03-28

Sensex climbs 655 pts; Nifty tops 22,300; PSU banks rally

As per provisional closing data, the barometer index, the s&p bse sensex jumped 655.04 points or 0.90% to 73,651.35. the nifty 50 index gained 203.25 points or 0.92% to 22,326.90.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-03-28

Zerodha Fund House AUM soars by Rs 500 cr in 40 days, hits Rs 1,000 cr mark

Zerodha fund house, a joint venture between zerodha and smallcase, witnessed substantial growth with its assets under management (aum) surging rs 500 crore in just 40 days, taking the total tally to cross rs 1,000-crore mark. the fund house touched the ass
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-03-28

Salasar Tech-RVNL JV bags contract worth Rs 60 cr

Salasar techno engineering and rail vikas nigam (rvnl) joint venture (jv) has secured a project from energy development corporation for rwanda transmission system reinforcement and last mile connectivity project (tsrlmc) worth rs 59.62 crore.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-03-28

RBI to announce next monetary policy meeting outcome on 8 April 2024

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Tag: Business Markets India    Source: business-standard.com   Dated: 2024-03-28

Bank of Maharashtra climbs on appointing Nidhu Saxena as MD & CEO

Bank of maharashtra jumped 5.68% to rs 62.55 after the central government approved the appointment of nidhu saxena as the managing director & chief executive officer (md & ceo) of the bank for a period of three years effective from 27 march 2024.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-03-28

Camlin Fine Sciences Ltd leads losers in 'A' group

Pfizer ltd, dwarikesh sugar industries ltd, mold-tek packaging ltd and tega industries ltd are among the other losers in the bse's 'a' group today, 28 march 2024.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-03-28

Ambuja Cement allots 21.20 cr equity shares on conversion of warrants

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Tag: Business Markets India    Source: business-standard.com   Dated: 2024-03-28

110 stocks from BSE 500 index more-than-doubled in FY24

The bse 500 index zoomed 39 per, while sensex was up 25 per cent in fy24. irfc was the top gainer, up 439% followed by suzlon and hudco.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-03-28

Mukka Proteins Ltd leads losers in 'B' group

S.m. gold ltd, raw edge industrial solutions ltd, ambica agarbathies aroma & industries ltd and add-shop e-retail ltd are among the other losers in the bse's 'b' group today, 28 march 2024.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-03-28

Kutch Copper commissions greenfield copper refinery project at Mundra

This marks the adani portfolio's debut in the metal industry. the successful progress of the greenfield unit showcases the adani group's ability to plan and execute largescale projects.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-03-28

Indices hit new day's high; auto shares zooms

At 14:30 ist, the barometer index, the s&p bse sensex surged 1,131.78 points or 1.55% to 74,128.09. the nifty 50 index gained 362 points or 1.64% to 22,485.65.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-03-28

Adani family infuses Rs 6,661 cr in Ambuja Cement

The funds infusion will be instrumental enhancing conclusively to accomplish the capacity of 140 million tonnes per annum by 2028 by the cement vertical. this shall also be instrumental fuelling various strategic initiatives including undertaking debottlen
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-03-28

Astra Microwave Products rallies 14% on winning Rs 386 cr order from BEL

According to analysts, the company's revenue growth is expected to be steady with an operating margin of around 19-21%, supported by a healthy order pipeline and improving geographical mix.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-03-28

Volumes soar at Century Textiles & Industries Ltd counter

Century textiles & industries ltd recorded volume of 31.45 lakh shares by 14:14 ist on nse, a 20.8 times surge over two-week average daily volume of 1.51 lakh shares
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-03-28

Coal India breaches annual supply target of 610 MT to power sector

Records 5% yoy growth in coal supplies to thermal power plants in india
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-03-28

Dr Reddy's rises on distribution partnership with Sanofi Healthcare

Dr reddy's laboratories gained 1.93% to rs 6164.10 after the company said that it has entered into an exclusive partnership with sanofi healthcare india (shipl) to promote and distribute shipl vaccine brands across private markets in india.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-03-28

Schneider Electric, Nvidia partner to optimise data centre infrastructure

Energy management and automation major schneider electric on thursday said it has collaborated with nvidia to optimise data center infrastructure. schneider electric will leverage its expertise in data center infrastructure and nvidia's advanced ai technol
Tag: Company India    Source: business-standard.com   Dated: 2024-03-28

HAL conducts successful first flight of LCA Tejas Mk1A in Bengaluru

The first aircraft la5033 of the tejas mk1a series successfully soared in the sky after taking off from the hindustan aeronautics limited (hal) facility in bengaluru on thursday, the public sector aerospace and defence company said. according to hal, the t
Tag: Company India    Source: business-standard.com   Dated: 2024-03-28

NCLT declines to stay EGM called by Byju's over 0 million rights issue

The national company law tribunal (nclt), bengaluru bench, on thursday declined to grant a stay on the extraordinary general meeting (egm) on march 29 called by 'think and learn', owner of the byju's brand. the egm was called to increase the authorised sh
Tag: Company India    Source: business-standard.com   Dated: 2024-03-28

Chennai refinery expansion cost goes up over Rs 3,600 crore, says IOC

State-owned indian oil corporation (ioc) on thursday said it will raise its stake in the joint venture building a 9 million tonnes refinery at chennai to 75 per cent after the cost to the project escalated by over 12 per cent. originally, ioc and its subsi
Tag: Company India    Source: business-standard.com   Dated: 2024-03-28

CIL tops annual growth target, achieves 610.8 MT supply to power sector

Coal india ltd (cil) has surpassed its annual supply target of 610 million tonnes to the thermal power sector, achieving 610.8 mt till march 27, a company official said. this marks the highest coal supply till date to the power sector, he said. cil's coal
Tag: Company India    Source: business-standard.com   Dated: 2024-03-28

IREDA Board approves proposal of Rs 24,200 crore borrowing for FY25

State-owned indian renewable energy development agency ltd's (ireda) board on thursday approved a proposal of rs 24,200 crore borrowing for 2024-25. the borrowing includes fundraising through bonds, perpetual debt instruments (pdi), term loans, commercial
Tag: Company India    Source: business-standard.com   Dated: 2024-03-28

Wipro to train all employees on AI to become an AI-first company

Till date, over 220,000 of our employees have completed training on ai fundamentals and the responsible use of ai, said subha tatavarti, chief technology officer, wipro ltd
Tag: Company India    Source: business-standard.com   Dated: 2024-03-28

Skyroot Aerospace successfully test fires Stage-2 of Vikram-1 rocket

Skyroot aerospace, a space-tech company, has successfully test-fired the stage-2 of vikram-1 space launch vehicle, called kalam-250, at the propulsion testbed of the indian space research organisation (isro), at its satish dhawan space centre (sdsc) in sri
Tag: Company India    Source: business-standard.com   Dated: 2024-03-28

L Catterton forms India-focused JV with former HUL's MD & CEO Sanjiv Mehta

During mehta's tenure at hul, he oversaw a fivefold increase in the mcap of hul to rs 6.2 trillion, making it india's fifth-largest public company by mcap and the country's largest fmcg firm
Tag: Company India    Source: business-standard.com   Dated: 2024-03-28

CarDekho Group eyeing 40% consolidated growth in FY25, says Amit Jain

Autotech and financial solution provider cardekho group is eyeing over 40 per cent consolidated headline growth in fy25 and is on the prowl for value-accretive acquisitions, chief executive and co-founder and shark tank india judge amit jain has said. jain
Tag: Company India    Source: business-standard.com   Dated: 2024-03-28

Zetwerk bags order from Indian Oil to set up over 1,400 EV fast chargers

Manufacturing unicorn zetwerk on thursday said it has bagged the largest order from india oil corporation to set up over 1,400 fast chargers for electric vehicles across the country. indian oil has floated a tender for 6,000 chargers, in which 40 ev suppli
Tag: Company India    Source: business-standard.com   Dated: 2024-03-28

Jio Fin's arm invests Rs 2.5 cr in Reliance International Leasing IFSC Ltd

Jio financial services on thursday said its subsidiary jio leasing services and its nominees have made an initial investment of rs 2.50 crore in newly-incorporated reliance international leasing ifsc ltd (rilil). incorporated on february 1, rilil is a 50:5
Tag: Company India    Source: business-standard.com   Dated: 2024-03-28

Adani family infuses Rs 6,661 cr in Ambuja Cements, raises stake to 66.7%

The board of ambuja cements has approved the conversion of 21.20 crore warrants into shares of promoter entity harmonia trade and investment at the rate of rs 314.15 per share
Tag: Company India    Source: business-standard.com   Dated: 2024-03-28

Only 4% of companies in India 'mature' to tackle cyber threats: Study

71% plan to upgrade their it infrastructure in one to two years, says cisco's 2024 cybersecurity readiness index
Tag: Company India    Source: business-standard.com   Dated: 2024-03-28

Adani Power merges Rs 19,700 cr loans from 6 arms into long-term debt

Adani power on thursday said it consolidated different short-term loan facilities worth rs 19,700 crore availed by the company's six special purpose vehicles into a single long-term debt. the revised arrangement will help the company benefit from a uniform
Tag: Company India    Source: business-standard.com   Dated: 2024-03-28

Adani group begins operations of its copper unit plant at Mundra, Gujarat

Adani group on thursday announced start of its maiden copper plant at mundra in gujarat. adani enterprises is setting up plant with 1 million tonnes capacity in two phases. "close to .2 billion will be invested in the first phase," the firm said in a sta
Tag: Company India    Source: business-standard.com   Dated: 2024-03-28

ICICI Securities delisting gets nod, setting up merger with ICICI Bank

Among public institutional investors, which own a total 16.68 per cent in the company, 83.8 per cent voted in favour of the delisting
Tag: Company India    Source: business-standard.com   Dated: 2024-03-28

Robeco, Lombard Odier among buyers of new Adani Green Energy bonds

Adani green and associated firms raised 9 million this month in the conglomerate's first debt sale since a damaging short-seller report last year
Tag: Company India    Source: business-standard.com   Dated: 2024-03-28

Goa, Puri or Dubai: Where Indians are travelling this Good Friday weekend

As the extended weekend looms ahead, thanks to good friday, indian travellers are seizing the opportunity to escape the daily grind
Tag: Finance India    Source: business-standard.com   Dated: 2024-03-28

Credit cards breach the 100 million mark in India, shows RBI data

But overall credit card spending saw a sequential drop in february due to considerable decline in point of sale and e-commerce payments
Tag: Finance India    Source: business-standard.com   Dated: 2024-03-28

Bima Sugam - your one-stop portal for all insurance policies: Details here

It's an online platform where customers can choose a suitable scheme from multiple options given by various companies
Tag: Finance India    Source: business-standard.com   Dated: 2024-03-28

Faster funds, more flexibility: How T+0 settlement cycle benefits investors

T+0 is currently in a beta phase. this means it's only being implemented for a limited number of stocks (around 25) and with a select group of brokers.
Tag: Finance India    Source: business-standard.com   Dated: 2024-03-28

Fund review: SBI Magnum Midcap Fund

Fund review: sbi magnum midcap fund
Tag: Finance India    Source: business-standard.com   Dated: 2024-03-28

Atal Pension Yojana: How to avail of pension scheme for unorganised sector

Amount subscribers get on retirement is determined on how early they joined the scheme and the contribution amount
Tag: Finance India    Source: business-standard.com   Dated: 2024-03-28

H-1B visa rules from April 1: Pay more, file correctly or risk rejection

Starting april 1, 2024, applicants will face new rules, which include changes to where you can file your application, a hike in the fee for form i-129 from 0 to 0, and more
Tag: Finance India    Source: business-standard.com   Dated: 2024-03-28

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