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

LEEL case: Sebi slaps Rs 14 cr fine on 7 individuals for accounts fraud

LEEL case: Sebi slaps Rs 14 cr fine on 7 individuals for accounts fraud

Markets regulator sebi on thursday slapped fines amounting to rs 14.2 crore on leel electricals' promoter bharat raj punj and its six former officials and barred them from the securities markets for up to five years in a case of malpractices and manipulati
Tag: Company India    Source: business-standard.com   Dated: 2024-04-18

Axis AMC elevates R Sivakumar as head of the corporate strategy

Axis AMC elevates R Sivakumar as head of the corporate strategy

Fixed income investment team is now being headed by devang shah
Tag: Company India    Source: business-standard.com   Dated: 2024-04-18

RBI imposes Rs 60.3 lakh penalty on 5 co-operative banks for flouting norms

RBI imposes Rs 60.3 lakh penalty on 5 co-operative banks for flouting norms

The reserve bank has imposed penalties totalling rs 60.3 lakh on five co-operative banks for contravention of various regulatory norms. a penalty of rs 43.30 lakh has been imposed on rajkot nagarik sahakari bank for non-compliance with rbi directions on 'b
Tag: Company India    Source: business-standard.com   Dated: 2024-04-18

Bajaj Auto aims to make 10,000 Triumph units a month by September: CFO

Bajaj Auto aims to make 10,000 Triumph units a month by September: CFO

Triumph accounted for 2.1% of bajaj auto's total two-wheeler sales in the fourth quarter. its overall two-wheeler sales rose about 26% in the quarter year-on-year
Tag: Company India    Source: business-standard.com   Dated: 2024-04-18

Bajaj Auto board approves Rs 2,250 crore capital in NBFC subsidiary

Bajaj Auto board approves Rs 2,250 crore capital in NBFC subsidiary

Offers another rs 2,250 crore liquidity support
Tag: Company India    Source: business-standard.com   Dated: 2024-04-18

Fundraising through bond placement hit all-time high at Rs 9.98 trn in FY24

Fundraising through bond placement hit all-time high at Rs 9.98 trn in FY24

Fund mobilisation through corporate bonds on private placement basis reached an all-time high of rs 9.98 lakh crore in 2023-24, marking a surge of 17 per cent from the preceding fiscal, according to a release by primedatabase.com on thursday. prime databas
Tag: Company India    Source: business-standard.com   Dated: 2024-04-18

Google carries out fresh round of layoffs in an attempt to cut costs

Google carries out fresh round of layoffs in an attempt to cut costs

The layoffs come during a period of sluggish hiring across the tech sector
Tag: Company India    Source: business-standard.com   Dated: 2024-04-18

In a first, IT services major Infosys sees a drop in net headcount

In a first, IT services major Infosys sees a drop in net headcount

Total for fy24 stood at 317,240, down 7.6% from 343,234 in fy23
Tag: Company India    Source: business-standard.com   Dated: 2024-04-18

NCLT grants one week to Byju's, Teleperformance to settle debt dispute

The decision came after byju's counsel, senior advocate pramod nair, informed the nclt that it was trying to resolve the issue with teleperformance, the creditor
Tag: Company India    Source: business-standard.com   Dated: 2024-04-18

Walmart announces dedicated page for Indian sellers on its website

Multinational retailer walmart announced the launch of a dedicated page for indian sellers to register and sell on the company's marketplace site. the company hosted a global seller meet in jaipur on tuesday, kicking off a series of regional events to help
Tag: Company India    Source: business-standard.com   Dated: 2024-04-18

Avaada Energy inks refinancing deal worth Rs 4,471 crore with NaBFID

Avaada energy on thursday said it closed a refinancing deal of rs 4,471 crore with national bank for financing infrastructure and development (nabfid) for its four solar projects in rajasthan. the financing from nabfid will enable avaada energy to prepay e
Tag: Company India    Source: business-standard.com   Dated: 2024-04-18

Care Ratings upgrades Axiscades long-term bank facilities at 'CARE A-'

Engineering solutions provider axiscades technologies ltd (actl) on thursday said care ratings has upgraded its ratings on the company's long-term bank facilities, on account of factors, including improvement in capital structure and stable operational per
Tag: Company India    Source: business-standard.com   Dated: 2024-04-18

Bajaj Auto Q4 results: Standalone PAT rises 35% to Rs 1,936 crore

Bajaj auto records highest ever pat, revenue in fy24
Tag: Company India    Source: business-standard.com   Dated: 2024-04-18

ICICI Securities Q4 results: Profit doubles to Rs 537 cr, revenue up 74%

Brokerage house icici securities on thursday reported a two-fold jump in profit after tax to rs 537 crore for three months ended march 2024. in comparison, the company posted a profit after tax (pat) of rs 263 crore in the year-ago period, icici securities
Tag: Company India    Source: business-standard.com   Dated: 2024-04-18

Avaada Energy secures Rs 4,471 crore refinancing from lender Nabfid

The structure has been rated as 'aa (stable)' by careedge ratings, it said
Tag: Company India    Source: business-standard.com   Dated: 2024-04-18

Tata Motors plans Jaguar Land Rover EV imports to India under new policy

Tesla is also expected to start importing its cars to india and make an investment in the country
Tag: Company India    Source: business-standard.com   Dated: 2024-04-18

UK-based refractory maker Vesuvius Group to invest Rs 1,000 crore in India

Vesuvius india ltd, a part of the uk-based refractory maker vesuvius group, on thursday said it plans to invest around rs 1,000 crore in the country over the next few years. chief executive of vesuvius group, patrick andre, said given the growth situation
Tag: Company India    Source: business-standard.com   Dated: 2024-04-18

Three aircraft lessors take SpiceJet to court over unpaid dues of Rs 77 cr

Celestial aviation, willis lease finance, aircastle, and wilmington had also filed applications against spicejet in 2023 for outstanding dues
Tag: Company India    Source: business-standard.com   Dated: 2024-04-18

Air India saves costs by taking insurance cover for merged entity

The insurance cover has been provided by a consortium of indian insurance companies including tata aig general insurance
Tag: Company India    Source: business-standard.com   Dated: 2024-04-18

HDFC Life Q4 results: Net profit up 15% at Rs 411 cr on back book gain

One of the key factors is our back book profits and our costs which have been in control, said hdfc life insurance md
Tag: Company India    Source: business-standard.com   Dated: 2024-04-18

Klub and U GRO Capital sign partnership to disburse Rs 150 crore

The allocated fund of rs 150 crore will facilitate lending activities across the country while offering debt financing of up to rs 30 crore in a single tranche through klub's platform
Tag: Company India    Source: business-standard.com   Dated: 2024-04-18

Moneyboxx AUM crosses Rs 720 cr in FY24, aims to double this fiscal

The company currently has 100 branches in eight states in north, central and west india, and also plans to significantly expand its presence and enter south india in the current financial year
Tag: Company India    Source: business-standard.com   Dated: 2024-04-18

Air India's first A350 to make debut on May 1 between Delhi and Dubai

Air india currently operates a total of 72 flights a week to dubai from five indian cities, of which 32 flights are from delhi
Tag: Company India    Source: business-standard.com   Dated: 2024-04-18

How sugar turned bitter for Nestle: Baby food sugar controversy explained

Nestle's baby food products in several countries, including india, contain high levels of added sugar and honey, said a report by public eye, a swiss investigative organisation
Tag: Company India    Source: business-standard.com   Dated: 2024-04-18

Manufacturing funds: Invest with 5 to 7-yr horizon to cope with eco cycles

Add these schemes to your portfolio only after building a core using diversified funds
Tag: Finance India    Source: business-standard.com   Dated: 2024-04-18

L'Oreal Q1 Results: Sales jumps 9.4% on strong mass market demand

L'oreal's q1 sales rose 9.4%, beating expectations amid u.s. and china market worries. maybelline, lancome brands led the 11.24 billion euros revenue. ulta beauty, e.l.f. beauty, coty faced pressure. estee lauder, north america, europe impacted.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-04-18

South Korea's LG Electronics launches 0 million dollar bond - term sheet

Lg electronics launches 0 million bond deal with 0 million 3-year and 0 million 5-year sustainable bonds. details include revenue goals, service platform enhancement, and media subscriptions.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-04-18

Tesla shares fall 3% as Deutsche Bank flags risks from focus on Robotaxi

The company shares fell to their lowest in more than a year on thursday. its market capitalization is set to fall by more than billion to about 8 billion, if losses hold. still the company remains the most valuable automaker in the world.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-04-18

How does Bitcoin Halving impact the Bitcoin price?

The "stock-to-flow" ratio is a key concept used to measure the current supply of a commodity against the rate of new supply entering the market. for bitcoin, each halving event markedly increases this ratio, underscoring its growing scarcity. this ratio is
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-04-18

ET Market Watch: Sensex down 455 points, banking stocks slump


Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-04-18

Vodafone Idea gets muted response for its Rs 18,000 crore FPO on Day 1

Vodafone idea's fpo had a 26% subscription rate. vi raised rs 5,000 crore from 60 anchor investors. analysts warn about profitability uncertainty and caution retail investors. the company aims to enhance its network infrastructure and roll out 5g services.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-04-18

Technical Breakout Stocks: How to trade Justdial, Jio Financial Services and Bharti Airtel on Friday

Indian market closes red for the fourth consecutive day, with s&p bse sensex falling over 450 points and nifty50 below the 22,000 mark. telecom stocks rise, while consumer durables and energy witness a decline.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-04-18

Ahead of Market: 10 things that will decide D-Street action on Friday

Indian indices hit lows. u.s. markets subdued by treasury yields. european shares gain. macd signals for infosys, ril. momentum indicators show trends. just dial, market breadth significant.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-04-18

BSE cautions against fake videos of MD & CEO Sundararaman Ramamurthy recommending stocks

Bse warns against circulating fake videos impersonating ceo sundararaman ramamurthy for investment advice on social media. caution includes misrepresentation, deceptive means, personal information sharing, and economic times disclaimer.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-04-18

ICICI Securities Q4 Results: Cons PAT soars 104% YoY to Rs 536.53 crore; co declares Rs 17/share dividend

Icici securities reported a significant increase in net profit to rs 536.53 crore for q4fy24, with a rise in revenue and approval of a second interim dividend. bajaj auto also showed a 35% yoy increase in pat.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-04-18

Infosys ADR slumps 3% on Q4 miss, softer FY25 guidance

"infosys weak quarterly numbers, lower-than-expected guidance for fy25 and declining headcount reflects continuity in weak, with the only silver lining being strong large deal tcv in q4 and record .7 billion in fy24," said sanjeev hota, head of research
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-04-18

US stocks tick up on megacaps, earnings boost

Megacap growth stock meta platforms outpaced peers and gained 2.7% after bernstein raised its price target to 0, a sixth such hike on the stock this week.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-04-18

Infosys declares Rs 20 final dividend & Rs 8 special dividend

Infosys declared dividends for fy 2024, set agm and payment dates, introduced capital allocation policy aiming to return 85% free cash flow. focus on net profit growth and project maximus. shares closed at rs 1,420.55.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-04-18

Market Trading Guide: Bharti Airtel, PVR INOX among 6 stock recommendations for Friday

"the short-term trend of the nifty remains weak. there is a possibility of some more weakness down to 21,800-21,700 levels in the coming sessions," said nagaraj shetti, senior technical research analyst at hdfc securities.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-04-18

Infosys Q4 Results: Profit zooms 30% YoY to Rs 7,969 cr; co pegs FY25 revenue growth at 1-3%


Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-04-18

Exceeding target: Oil PSUs made a capex of ₹1.28 lakh cr in FY24

State-run oil companies exceeded capex targets, with indianoil leading in spending. ongc focused on drilling more wells for energy prospects. hpcl invested in a refinery project, while gail and oil india also increased spending.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-18

Protest at Adani port disrupts coal supply to RINL's Vizag plant

Workers' protest at adani's gangavaram port disrupts coal supply to rinl's visakhapatnam plant. rinl deploys strategies like diverting ships, availing commodity loans, and calling global tenders to mitigate disruptions and ensure operational continuity.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-18

Nokia India net sales fall 69% in Q1 as Jio, Airtel lower 5G investments

Nokia experienced a 69% decline in india sales to rs 265 million in the march quarter, largely due to moderating 5g rollout. the company's net sales in asia pacific (apac) also declined, mainly due to lower spending levels in india and north america.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-18

Scorching heat sends demand for cooler climes soaring this season

Hotel tariffs soar in indian hill stations, prompting rush bookings for cooler destinations. popular places like ooty, manali, and kashmir see significant demand spikes, with travellers prioritizing climate change in vacation planning.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-18

CDCSO issues distribution guidelines for pharma products in market to curb substandard medicines

The central drugs standard control organisation (cdsco) has released draft guidelines on good distribution practices to prevent the introduction of spurious, adulterated, and sub-standard pharmaceutical products in the market. the guidelines are in line wi
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-18

Fssai seeks Nestle’s explanation on report of added sugar in Cerelac

“the fssai has taken cognisance of the matter and has sought an explanation from nestle india,” said a senior official from the national foods sector regulator. the authority held a meeting of its officials on thursday to evaluate the matter.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-18

Bajaj Auto aims to make 10,000 Triumph units a month by September, CFO says

Bajaj auto targets 10,000 units monthly for triumph motorcycles by september, with a robust financial performance driven by rural india's demand for entry-level models and steady mid-level motorcycle sales.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-18

RBI imposes Rs 60.3 lakh penalty on five co-operative banks

Rbi imposed penalties totaling rs 60.3 lakh on five co-operative banks for regulatory violations. penalties include fines for non-compliance with specific directions. monetary penalties are based on regulatory compliance issues, not transaction validity.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-18

Avaada Energy inks Rs 4,471-cr refinancing pact with NaBFID for four solar projects in Rajasthan

Avaada energy on thursday said it closed a refinancing deal of rs 4,471 crore with national bank for financing infrastructure and development (nabfid) for its four solar projects in rajasthan. the financing from nabfid will enable avaada energy to prepay e
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-18

Walmart announces launch of dedicated page for Indian sellers

Walmart launches dedicated page for indian sellers, starting with a global event in jaipur. michelle mi emphasizes empowering indian sellers for the us marketplace through global supply chains.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-18

Jharkhand Board 10th Result 2024 date and time announced, check details

Jharkhand board 10th result 2024 to be announced tomorrow at 11:30 a.m. in a press conference with 4.2 lakh students from 1,238 locations. last year saw a 95.38% pass rate in exams.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-18

Tata plans Jaguar Land Rover EV imports to India under new policy, sources say

Tata motors plans to import luxury electric cars from jaguar land rover (jlr) under a new policy reducing import taxes. they are also setting up a billion plant in tamil nadu for jlr cars manufacturing.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-18

Prices of discretionary products like cars, TVs, phones begin to firm up

Car manufacturers like maruti suzuki, honda cars india, toyota kirloskar motor and kia india have just raised vehicle prices, mostly on fast-moving models, by up to 3% due to increase in commodity costs and adverse forex movement. other manufacturers are a
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-18

Noida International Airport conducts first calibration flight to test navigation systems

The noida international airport conducted its first calibration flight using a beechcraft king air b300 to ensure the efficient functioning of the airport authority of india's navigation systems.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-18

Vesuvius Group to invest Rs 1,000 cr in India in next few years

Vesuvius india ltd, part of vesuvius group, plans to invest around rs 1,000 crore in india over the next few years. the company has also inaugurated a new mould flux manufacturing plant in vishakapatnam to meet increased demand for flux, a crucial componen
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-18

Air India set to deploy A350 aircraft on Delhi-Dubai route from May 1

Air india has announced the deployment of its recently onboarded a350 aircraft on the delhi-dubai route from may 1, 2024. operating as ai995/996, the aircraft will depart daily from delhi and arrive at dubai international airport at 22.45. the modern a350
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-18

TV18 Broadcast Q4 revenue soars 66% on-year; news segment delivers robust revenue growth

The entertainment segment also reported impressive results, with operating revenue increasing by about 80 percent from a year ago.
Tag: Results India    Source: moneycontrol.com   Dated: 2024-04-18

Infosys Q4 results highlights: Revenue misses estimates; CFO says hiring models have changed #39;significantly#39;

India#39;s second largest it services firm after tcs also said that its board has recommended final dividend of rs 20 per share.
Tag: Results India    Source: moneycontrol.com   Dated: 2024-04-18

Financial markets to remain shut for Ram Navami today

Domestic markets shut for ram navami. mcx trades normally but settlement holiday affects account credits. 2024 has 14 holidays, including muharram and gurunanak jayanti.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-04-17

Now, India shooting for home-made bullet trains

India is developing a home-built bullet train exceeding 250 kmph, using vande bharat platform technology by icf, chennai. the project integrates indian tech and domestic manufacturing, funded by jica with completed pier work and land acquisition for the mu
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-17

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