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Top India NEWS. Stock Market NEWS Updated Daily

Top India NEWS. Stock Market NEWS Updated Daily

This NEWS section covers current news for stock markets. To view latest news about specific stocks, please browse to the desired stock pages. Click one of the exchanges in the menu above and then use the search box to find your desired stock.

Top India NEWS. Stock Market NEWS Updated Daily

Hotels plan to make room in Bihar, Odisha

More hoteliers could expand in bihar and odisha as budget proposals encouraged tourism development. indian hotels company and radisson have already launched new projects in the region, citing growing opportunities. hotel chains are aligning with government
Tag: Industry India    Source: indiatimes.com   Dated: 2024-07-27

Many taking path less travelled

Mallorca saw renewed anti-tourism protests over rising housing costs caused by tourists. similar protests occurred in barcelona, malaga, and the canary islands. residents of japan's fujikawaguchiko even blocked a popular view of mount fuji. increasing tour
Tag: Industry India    Source: indiatimes.com   Dated: 2024-07-27

Mankind to use debt, internal accruals to fund BSV buyout

Mankind pharma announced a ₹13,630 crore acquisition of bharat serums and vaccines (bsv) to be funded through internal accruals and a mix of debt and equity. this strategic move will make them leaders in the gynaecology-fertility segment. the acquisition
Tag: Industry India    Source: indiatimes.com   Dated: 2024-07-27

Aditya Birla group forays into jewellery retail with 'Indriya'

The aditya birla group launched its new jewellery retail brand, indriya, directly competing with tanishq and reliance jewels. indriya plans to be a top-three player in five years, leveraging india's shift towards branded jewellery. this ₹5,000 crore init
Tag: Industry India    Source: indiatimes.com   Dated: 2024-07-27

MediaTek VP calls tieup with Jio 'game changing'

Mediatek teamed up with reliance jio's subsidiary jiothings to explore the two-wheeler and electric vehicle market in india with android-based smart digital cluster solutions. mediatek will handle hardware and design services, while jio will integrate thei
Tag: Industry India    Source: indiatimes.com   Dated: 2024-07-27

Battery costs for EVs and energy storage set to come down, says INOXGFL group's executive director Devansh Jain

Import duty waivers on lithium and other critical minerals were expected to decrease battery costs for electric vehicles and energy storage, according to inoxgfl's devansh jain. jain stated that battery chemicals made up about 35% of ev battery costs, and
Tag: Industry India    Source: indiatimes.com   Dated: 2024-07-27

Surging shipping costs give companies a sinking feeling

The global shipping industry faced significant challenges, with spot freight rates increasing by around 105% in three months. companies like bajaj auto and ceat experienced disruptions similar to the pandemic era, highlighting severe container shortages af
Tag: Industry India    Source: indiatimes.com   Dated: 2024-07-27

Energy transition framework in the works: DEA Secy Ajay Seth

The government is developing a long-term energy transition strategy to maintain growth, collaborating with the asian development bank and niti aayog. ajay seth highlighted the need for a unique strategy for india's lower per capita income compared to advan
Tag: Industry India    Source: indiatimes.com   Dated: 2024-07-26

Bring back voice and SMS-only packs, asks TRAI

Trai proposed revisiting voice and sms only plans, addressing consumer concerns on bundled tariffs and forced payments for unused services. the regulator also considered extending voucher validity beyond 90 days and asked for stakeholder feedback on potent
Tag: Industry India    Source: indiatimes.com   Dated: 2024-07-26

Mobile number portability requests cross Rs 100 crore mark in India

Mnp allows a telecom subscriber to retain his mobile number when switching from one service provider to another, anywhere in the country. it is also a metric to measure churn of subscribers between telecom operators.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-07-26

Centre extends EV subsidy scheme EMPS to September-end

The central government extended the electric mobility promotion scheme (emps) 2024 by two months, prolonging it to september-end. the scheme's budget was also increased to rs 778 crore, from the initial rs 500 crore. emps offers subsidies up to rs 10,000 f
Tag: Industry India    Source: indiatimes.com   Dated: 2024-07-26

Mobile number porting requests crossed the 100-crore mark

"on july 6, 2024, the porting requests processed in the country since january 2011 in india crossed the 100 crore mark," the telecom regulatory authority of india (trai) said in a statement.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-07-26

Credit growth continues to lag deposit growth

The reserve bank of india (rbi) governor shaktikanta das expressed his concerns about structural changes taking place in the financial sector as a faster pace of credit growth than deposit growth potentially exposes the banking system to structural liquidi
Tag: Industry India    Source: indiatimes.com   Dated: 2024-07-26

Election, heatwave impact bring down IndusInd Bank’s Q1 disbursements

The bank grew its total loans by 15% on year to rs 3.48 lakh crore. it grew only 1% sequentially as loan growth in the microfinance book fell by more than 5% while growth in credit cards was almost flat. corporate loans were up 12.8% on year to rs 1.57 lak
Tag: Industry India    Source: indiatimes.com   Dated: 2024-07-26

IndiGo flags higher inflationary environment, escalation in fuel, airport costs

Airport charges have also started to climb upwards, and the airline is monitoring it as well as having discussions with airport partners. further, maintenance works are going through a bit of an inflationary cycle, he said during an analyst's call.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-07-26

WeWork India renews lease for 1.4 lakh sq ft office space in Mumbai’s Goregaon

Wework india renewed its long-term lease for 1.4 lakh sq ft of office space at nesco it park in mumbai, committing over rs 152 crore for five years. this aligns with its strategy to expand in mumbai's commercial market. earlier, the company added new space
Tag: Industry India    Source: indiatimes.com   Dated: 2024-07-26

SpiceJet vs Kalanithi Maran case: SC upholds Delhi HC's decision, directs reconsideration of arbitral award

In a significant relief to spicejet, the supreme court upheld a delhi high court division bench's decision to remand a 2018 arbitration case involving a share transfer dispute back to its single judge. the court criticized the single judge for not applying
Tag: Industry India    Source: indiatimes.com   Dated: 2024-07-26

RBI fines Visa, Ola Financial and Manappuram for contravention of PPI, KYC rules

In february, the rbi had ordered the credit card company to stop using an unauthorised route to make some commercial payments, per a reuters report. the central bank has aimed to tighten scrutiny of the processes followed by financial technology, or fintec
Tag: Industry India    Source: indiatimes.com   Dated: 2024-07-26

Telcos pay Rs 1,000 crore for first installment of 5G spectrum

The department of telecommunications received over rs 1,000 crore from bharti airtel, vodafone idea, and reliance jio for their 5g spectrum purchases. all three telecom companies opted for annual installments. airtel made the highest first installment paym
Tag: Industry India    Source: indiatimes.com   Dated: 2024-07-26

Government committed to promoting coal gasification projects

The indian government expressed dedication to advancing coal gasification projects, which transform coal into valuable products. this move aims to cut down dependency on imports and preserve foreign exchange. key measures include commercial auction rebates
Tag: Industry India    Source: indiatimes.com   Dated: 2024-07-26

While markets boom, what's up at India's Social Stock Exchange?

India's social stock exchange (sse) saw its first listing in december 2022 with the sgbs unnati foundation, raising nearly rs 2 crore. certain social enterprises, including not-for-profit organizations (npos), can register on the sse and commit to ongoing
Tag: Industry India    Source: indiatimes.com   Dated: 2024-07-26

Ports ministry receives 29 proposals worth Rs 3,300 crore from Andhra Pradesh

Ministry of ports, shipping and waterways has received 29 new proposals worth rs 3,300 crore from andhra pradesh covering various projects, including port development and coastal berths, parliament was informed on friday. these projects include ro-pax and
Tag: Industry India    Source: indiatimes.com   Dated: 2024-07-26

Ravi Jaipuria, actor Akshay Kumar invest in Fashion Entrepreneur Fund

Entrepreneur ravi jaipuria and actor akshay kumar have invested in the fashion entrepreneur fund (fef), a platform dedicated to providing early-stage investments and mentorship for fashion entrepreneurs, as announced in a press statement on friday. the fun
Tag: Industry India    Source: indiatimes.com   Dated: 2024-07-26

M3M India appoints Stuart McConnachie as Chief Construction Controller

M3m india appointed stuart mcconnachie as chief construction controller, entrusting him with project oversight, quality control, and safety regulations. with over 27 years of construction experience, stuart has held leadership roles in various regions, inc
Tag: Industry India    Source: indiatimes.com   Dated: 2024-07-26

I-T dept clarifies acquisition cost of real estate bought before 2001 for LTCG calculations

The indian taxation service (i-t) has announced that the cost of acquisition for real estate properties purchased before 2001 will be the fair market value (fmv) as of april 1, 2001, or the actual cost of the land or building for the calculation of long-te
Tag: Industry India    Source: indiatimes.com   Dated: 2024-07-26

Older petroleum product pipeline tariff to rise 17% after PNGRB's new regulation

The petroleum and natural gas regulator board (pngrb) announced that starting next month, tariffs for older petroleum product pipelines in india would rise by 17%, followed by a 3.4% annual increment to account for inflation. this change replaces the regul
Tag: Industry India    Source: indiatimes.com   Dated: 2024-07-26

IPhone prices slashed by up to Rs 6,000: Check new rates of Apple iPhones 13, 14 and 15

Iphone new prices: apple has announced a 3-4% price reduction across its iphone portfolio, reducing the cost of pro or pro max models by rs 5100 to rs 6000. the price of made-in-india iphones, including the 13, 14, and 15, has also dropped by rs 3000. the
Tag: Industry India    Source: indiatimes.com   Dated: 2024-07-26

Google Cloud, PwC India enhance alliance to transform enterprise solutions

Pwc india expanded its alliance with google cloud to boost enterprise solutions using generative ai. by merging google cloud's ai capabilities with pwc's industry expertise, they aimed to transform multiple sectors, focusing on tax, healthcare, and legal s
Tag: Industry India    Source: indiatimes.com   Dated: 2024-07-26

JSW Steel chairman reiterates growth plan while flagging import concerns

Sajjan jindal, chairman of india's largest steel producer, announced the company's ambitious plans to expand production capacity to 50 million tonnes per annum by fy31, while raising concerns about the impact of rising imports on local profitability. speak
Tag: Industry India    Source: indiatimes.com   Dated: 2024-07-26

India can be a major gold producer if it privatises two PSUs: Anil Agarwal

Gold prices: mining mogul anil agarwal advocates for india to become a major gold producer by privatising psus bharat gold mines and hutti gold mines. he emphasizes the need to reduce gold imports, boost domestic production, and create jobs. agarwal sugges
Tag: Industry India    Source: indiatimes.com   Dated: 2024-07-26

Apple cuts prices of all its iPhones after customs duty relief

Apple reduced iphone prices by 3-4%, benefiting customers due to a cut in customs duty from 20% to 15%. this is the first time apple has decreased prices for its pro models, passing the advantages of duty cuts directly to consumers. india-made iphones 13,
Tag: Industry India    Source: indiatimes.com   Dated: 2024-07-26

Pune-Sholapur Road restructuring gives lenders Rs 334 crore

Ten banks, led by bank of india, have received rs 334 crore from accumulated toll collections of pune sholapur road development co ltd, previously owned by il&fs. they are set to receive an additional rs 87 crore as part of a restructuring deal with ne
Tag: Industry India    Source: indiatimes.com   Dated: 2024-07-26

Cipla's North America business revenue hits record high in Q1 at 0 million

Cipla's north american business achieved a record 0 million revenue in q1 fy25, a 13% year-on-year growth. the company's branded prescription business in india grew 10%, while overall india growth was offset by trade generics softness. cipla's south afr
Tag: Industry India    Source: indiatimes.com   Dated: 2024-07-26

IDBI Bank privatisation picks pace, govt may allow access to private data by early August: DIPAM Secy

Idbi bank sale: the divestment of idbi bank progressed, with private data to be available in august. secretary tuhin kanta pandey stated that the process aims to identify appropriate buyers and finalize the strategic sale within this fiscal year. the gover
Tag: Industry India    Source: indiatimes.com   Dated: 2024-07-26

Toonsutra raises funding from Funimation founder Gen Fukunaga

Fukunaga, a japanese-american engineer, sold funimation to sony, which merged it with crunchyroll, expected to contribute 36% of sony pictures' profit by 2028. fukunaga joins india's top comic app toonsutra, founded by sharad devarajan and vishal anand, ba
Tag: Industry India    Source: indiatimes.com   Dated: 2024-07-26

ICG successfully rescued 14 crew members after JSW maritime vessel ran aground off Raigad's Kolaba Fort

Tag: Industry India    Source: indiatimes.com   Dated: 2024-07-26

No panel formed for extending benefits to cover citizens above 70 under Ayushman Bharat: Govt

Union minister of state for health prataprao jadhav clarified in the lok sabha on friday that no expert committee has been established to extend the health benefits under ayushman bharat to citizens aged 70 and above. this response came in reply to a query
Tag: Industry India    Source: indiatimes.com   Dated: 2024-07-26

Battery costs for EVs and energy storage set to come down: INOXGFL ED Devansh Jain

Inoxgfl group's executive director devansh jain has said that import duty waivers on critical minerals like lithium will lower battery costs for electric vehicles and energy storage. battery chemicals make up 35% of ev batteries' value. the initiative, alo
Tag: Industry India    Source: indiatimes.com   Dated: 2024-07-26

Chhattisgarh: Engine of empty passenger train derails after hitting fallen tree, driver injured

On friday morning in chhattisgarh's kanker district, an empty passenger train derailed after colliding with a large banyan tree that had fallen on the track due to recent heavy rainfall. the derailment occurred between bhanupratappur and gudum villages as
Tag: Industry India    Source: indiatimes.com   Dated: 2024-07-26

Retail realty leasing doubles sequentially in Q2, hits 3.3 million sq ft in H1 2024

In the second quarter of 2024, retail leasing activity in top indian cities doubled to 2.2 million sq ft, driven by strategic expansions and store closures in response to shifting consumption trends. bengaluru, delhi ncr, and mumbai led the leasing surge,
Tag: Industry India    Source: indiatimes.com   Dated: 2024-07-26

India's first integrated agri-export facility to come up at Jawaharlal Nehru Port, Mumbai

The union minister for ports, shipping, and waterways, sarbananda sonowal, approved a significant project for the jawaharlal nehru port authority (jnpa) valued at rs. 284.19 crore. this project aims to develop an export-import cum domestic agricultural com
Tag: Industry India    Source: indiatimes.com   Dated: 2024-07-26

FM Sitharaman says door wide open for private players as no sector is exclusive for the government

Finance minister nirmala sitharaman has indicated a significant shift in india's economic policy by suggesting that private companies may soon be able to invest in all public sectors. this interview with the economic times echoes the finance bill 2021, whi
Tag: Industry India    Source: indiatimes.com   Dated: 2024-07-26

GCCs expected to absorb 26 million sq ft office space in India by 2027

Transaction activity has climbed by 16% since 2018, with gccs finalizing 6,667 office leasing deals across eight major cities over the past five years. this upward trend highlights the growing influence of gccs in driving demand for office spaces, undersco
Tag: Industry India    Source: indiatimes.com   Dated: 2024-07-26

Godrej Family Office likely to sell a 5% stake in Sobha Ltd

Anamudi real estates, part of the godrej family office, plans to partially exit its 9.99% stake in sobha ltd through block deals worth around rs 1,000 crore. sobha ltd recently approved a rs 2,000 crore rights issue to fuel growth. the company aims to deve
Tag: Industry India    Source: indiatimes.com   Dated: 2024-07-26

DLF plans to launch Rs 1.04 lakh crore worth real estate projects in medium term

Realty major dlf plans to launch nearly 37 million sq ft of area for sale, targeting rs 1.04 lakh crore in revenue from luxury homes in cities like delhi, gurugram, and mumbai. in q1 fy2024, dlf's sales bookings surged over three-fold to rs 6,404 crore. th
Tag: Industry India    Source: indiatimes.com   Dated: 2024-07-26

Gold prices slump Rs 5,000/10gm post Budget; bring cheers to retail investors

Gold prices have plummeted by 7% in local markets following a government cut on basic custom duty. the move is expected to boost investment in gold as a commodity and financial asset. analysts believe the duty reduction will curb smuggling and drive growth
Tag: Industry India    Source: indiatimes.com   Dated: 2024-07-26

PM Modi virtually carries out 'first blast' of Shinkun La Tunnel project

Tag: Industry India    Source: indiatimes.com   Dated: 2024-07-26

Sun Pharma gets US FDA nod for its specialty drug against baldness

Sun pharma announced fda approval of leqselvi (deuruxolitinib) 8 mg tablets for severe alopecia areata, marking a major milestone after acquiring concert pharmaceuticals for 6 million. the drug, with a five-year marketing exclusivity, boosts sun pharma'
Tag: Industry India    Source: indiatimes.com   Dated: 2024-07-26

Tata Power Solar Systems partners with Bank of India for solar, EV charging station financing

Tata power solar systems ltd partnered with bank of india to offer easy financing options for rooftop solar installations and ev charging stations. the collaboration aimed to support the government's green energy initiatives, offering loans with attractive
Tag: Industry India    Source: indiatimes.com   Dated: 2024-07-26

MRPL issues expression of interest to sell jet fuel term supplies, sources say

Mrpl plans to sell 240,000 metric tons of jet fuel in term supplies from september to february. interested buyers must submit proposals by july 31 to offload cargo between the 1st-28th of each month. this exploratory move, not an official sale tender, offe
Tag: Industry India    Source: indiatimes.com   Dated: 2024-07-26

This equity mutual fund category offered highest return in one month

Tag: Mutual Fund India    Source: indiatimes.com   Dated: 2024-07-26

These 6 mutual fund NFOs are open for subscription now

Mutual funds are always keen on completing their bouquet of offerings and for this purpose they offer new products, according to data from ace mf.
Tag: Mutual Fund India    Source: indiatimes.com   Dated: 2024-07-26

Retail investors drive 12x growth in index funds in less than 4 years: Zerodha Fund House

The popularity of index funds in india has surged in recent years, as evidenced by the significant increase in the number of funds offered by mf houses. between march 2021 and march 2024, the total number of index funds available to investors grew by an im
Tag: Mutual Fund India    Source: indiatimes.com   Dated: 2024-07-26

How schemes of Quant Mutual Fund have performed after one month of Sebi’s raid

Mutual fund investors were shocked when sebi raided quant mutual fund's offices for alleged front-running. the raid impacted various funds' performance, with some underperforming their benchmarks, while others like quant focused fund outperformed. despite
Tag: Mutual Fund India    Source: indiatimes.com   Dated: 2024-07-26

Union Budget 2024: 3 sectoral mutual funds in limelight. Should you invest?

Finance minister nirmala sitharaman announced significant budget allocations to agriculture, defense, and infrastructure, boosting sectoral mutual funds. experts recommended focusing on infrastructure, banks, and consumption sectors. historical returns rev
Tag: Mutual Fund India    Source: indiatimes.com   Dated: 2024-07-26

Best medium duration mutual funds to invest in July 2024

As per sebi mandate, medium duration funds must invest in debt and money market instruments with macaulay duration of three to four years. as you can see, these schemes are suitable for investors looking to invest for three to four years or more. however,
Tag: Mutual Fund India    Source: indiatimes.com   Dated: 2024-07-26

Sebi confirms order against 12 entities including V Marc India for fraud

Sebi on friday affirmed its earlier order with some modifications against 12 entities, including promoter of v marc india ltd for engaging in a fraudulent scheme to manipulate volumes and price of the company's shares. passing a 121-page confirmatory order
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-07-26

Stock exchanges approve Cohance-Suven Pharma merger; NCLT application filed

The newly formed company is said to focus on three main verticals - pharma cdmo, agrochemicals cdmo, and api manufacturing
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-07-26

Sensex, Nifty shrug off 5-day losses, extend winning streak to 8 weeks

The nifty rose 1.7 per cent, or 429 points, to close at 24,835, a new record
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-07-26

Retail options turnover now almost equals cash segment, shows data

In fy19, it was less than 10 per cent of the cash segment
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-07-26

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