Business Markets India NEWS. Stock Market NEWS Updated Daily

Business Markets India NEWS. Stock Market NEWS Updated Daily

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Business Markets India NEWS. Stock Market NEWS Updated Daily

IPO aimed at further localising India operations: Hyundai Motor India COO

IPO aimed at further localising India operations: Hyundai Motor India COO

The upcoming rs 27,870 crore initial public offering of the indian arm of south korean automaker hyundai, the first such instance of the company listing its subsidiary in an overseas market, is aimed to further indianise operations, a senior company offic
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-11

CRISIL Ratings revises TVS Holdings' outlook to 'positive'; reaffirms 'AA' rating

CRISIL Ratings revises TVS Holdings' outlook to 'positive'; reaffirms 'AA' rating

Tvs holdings (tvshl) said that crisil ratings has revised its outlook on the long-term bank facility and non-convertible debentures (ncds) of the company to 'positive' from 'stable' while reaffirming the rating at 'crisil aa'.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-11

Anand Rathi Q2 PAT climbs 32% YoY to Rs 76 cr in FY25

Anand Rathi Q2 PAT climbs 32% YoY to Rs 76 cr in FY25

The financial products distributor's consolidated net profit jumped 32.38% to rs 76.11 crore in q2 fy25 as compared to rs 57.49 crore posted in q2 fy24.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-11

Quick Wrap: Nifty Pharma Index gains 1.19%

Quick Wrap: Nifty Pharma Index gains 1.19%

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Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-11

Mukul Agrawal portfolio stock zooms 122% in 4 months; up 1100% in 25 months

Mukul Agrawal portfolio stock zooms 122% in 4 months; up 1100% in 25 months

Investor mukul mahavir agrawal held 400,000 shares, representing 3.12 per cent stake, in neuland lab at the end of june quarter, shareholding pattern data shows
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-11

IPO-bound Oyo rejigs its top leadership team with five elevations

IPO-bound Oyo rejigs its top leadership team with five elevations

Sonal sinha, who joined oyo in 2015, will be responsible for overseeing oyo's international business operations, revenue, and spearheading strategic initiatives across the us
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-11

Indian EV market may grow 'strongly, steadily' till 2030: Hyundai India MD

Indian EV market may grow 'strongly, steadily' till 2030: Hyundai India MD

Hmil's chief operating officer, tarun garg, stated that the company's first high-volume ev, the creta ev, will be launched in the last quarter of the current financial year
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-11

Sudarshan Chemical hits life high after arm inks pact to acquire Heubach Group's pigment biz

Sudarshan Chemical hits life high after arm inks pact to acquire Heubach Group's pigment biz

Sudarshan chemical industries surged 14.86% to rs 1,164.50 after the firm's wholly owned subsidiary, sudarshan europe bv entered into definitive agreement to acquire global pigment business operations of the heubach group, germany.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-11

US stocks close slightly lower

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Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-11

Reliance Power Ltd leads losers in 'A' group

Vakrangee ltd, cummins india ltd, creditaccess grameen ltd and star health & allied insurance company ltd are among the other losers in the bse's 'a' group today, 11 october 2024.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-11

Just Dial hits 52-week high as Q2 PAT zooms to Rs 154 crore

Just dial rallied 4.18% to rs 1,322.65 after the company's standalone net profit zoomed 114.61% to rs 154.07 crore in q2 fy25 as against rs 71.79 crore posted in q2 fy24.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-11

Raghav Productivity spurts after board to mull bonus issue on 18 Oct'24

Raghav productivity enhancers climbed 8.79% to rs 1,216 after the company's board meeting scheduled on 18 october 2024 to consider and approve the proposal for issue of bonus equity share.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-11

Noel's appointment as Tata Trusts' chair signals continuity, BAU: Analysts

Noel is the half-brother of the late ratan tata, and was already a key trustee of the sir dorabji tata trust and the sir ratan tata trust
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-11

Usha Martin zooms 18% after over 10% equity change hands; up 27% in 2 days

As many as 35.7 million equity shares, representing 12.6 per cent of the total equity of usha martin, had changed hands on the nse (34.5 mn) and bse (1.2 mn) till 01:54 pm, exchange data showed.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-11

Hercules Hoists Ltd leads losers in 'B' group

Maan aluminium ltd, rajnish wellness ltd, sindhu trade links ltd and xelpmoc design and tech ltd are among the other losers in the bse's 'b' group today, 11 october 2024.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-11

Cummins India tumbles after brokerage downgrade

Cummins india dropped 5.03% to rs 3,591 after a foreign broker downgraded the stock to 'sell' and cut target to rs 2,900.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-11

Indices trade lower; Auto shares underpressure

At 14:27 ist, the barometer index, the s&p bse sensex was down 232.50 points or 0.29% to 81,369.75. the nifty 50 index lost 40.15 points or 0.16% to 24,958.30.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-11

Volumes jump at Usha Martin Ltd counter

Usha martin ltd saw volume of 357.03 lakh shares by 14:14 ist on nse, a 49.14 fold spurt over two-week average daily volume of 7.27 lakh shares
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-11

Tech Alert: This largecap auto stock is testing its key DMA after 17 months

Hero motocorp stock so far on 5 occasions has successfully managed to hold the 100-dma support, since the breakout in may 2023. will it be sixth-time lucky too? check upside, downside potential here.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-11

Noel Tata likely appointed as Tata Trusts Chair; Group stocks trade mixed

Noel tata chairman tata trusts: at 1:44 pm, trent share price was ruling 2.8 per cent higher, tata chemicals share price was up 2.35 per cent, tata steel 0.7 per cent, and tata motors 0.17 per cent
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-11

Utilties stocks edge lower

Utilties stocks were trading in red, with the bse utilities index decreasing 43.89 points or 0.67% at 6471.46 at 13:47 ist.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-11

Real Estate shares slide

Real estate stocks were trading with losses, with the bse realty index falling 77.29 points or 0.94% at 8109.89 at 13:47 ist.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-11

Heubach Colorants extends rally on Quant MF stake buy; soars 25% in 6 days

On october 7, 2024, quant mutual fund had purchased 253,000 equity shares representing 1.1 per cent stake in hcil for rs 16 crore.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-11

Sensex slides 225 pts; European mkt opens higher

At 13:30 ist, the barometer index, the s&p bse sensex was down 221.25 points or 0.27% to 81,388.21. the nifty 50 index lost 32.10 points or 0.13% to 24,966.35.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-11

Raghav Productivity jumps 9% as board to meet on Oct 18 to mull bonus issue

The company's board is scheduled to meet on october 18 to consider a bonus issue, q2 results, an increase in the company's authorised capital, apart from proposals for some investments
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-11

Tata group listed stocks a mixed bag: Here are the top gainers on Thursday

Tata investment rises almost 6 per cent while tcs ends a per cent lower
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-11

Is going to prison the same as starting a new job? This FTX exec thinks so

Former ftx co-founder ryan salame updates his 'job position' on linkedin to 'inmate' before beginning a 7.5-year prison sentence
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-11

Tariffs, tax cuts core to Donald Trump's economic pitch to voters

Beyond tax cuts and tariffs, trump has promised he would support the oil and gas industry by backing new pipelines and restoring fracking on federal land in a bid to boost the economy
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-11

BlackRock, GIC, Capital Group to invest in Hyundai Motor India IPO

Baillie gifford and fmr are also looking to participate in the record-breaking offering in mumbai, the people said, asking not to be identified as the information isn't public
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-11

Active investors on NSE surge 44% to nearly 50 mn amid market rally

The surge in active clients is underpinned by the rally in the markets, with the nifty 50, nifty midcap 100, and the nifty smallcap 100 indices gaining over 25 per cent each
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-11

NSE opts for Nifty 50 in weekly options, following Sebi's benchmark mandate

Decision to comply with sebi's mandate to curb frenzy in the futures & options
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-11

360 ONE WAM allots 8.70 lakh equity shares under ESOS

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Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-11

JSW Energy signs Energy Storage Facility Agreement with MSEDCL

For 1,500 mw / 12,000 mwh of pumped hydro energy storage
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-11

LTTS launches Maharashtra Cyber Command And Control Center at Mahape

L&t technology services and maharashtra state cyber department, launched india's first integrated state-level cyber command and control center to create a safe and resilient digital environment, empowering citizens, businesses, and critical infrastructure
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-11

Sudarshan Chemical to acquire Germany-based Heubach Group

Sudarshan chemical industries has entered into a definitive agreement with the germany-based heubach group, on its acquisition in a combination of an asset and share deal.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-11

Indoco Remedies update on USFDA inspection of its facilities in Goa

Indoco remedies has received regulatory status from u.s. food and drug administration (usfda), for its facilities located at goa plant-ii & iii, l-32,33,34, verna industrial area, verna, goa, goa 403722, india (facility), following an inspection conducted
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-11

Hi-Tech Pipes successfully concludes QIP issue of Rs 500 cr

Hi-tech pipes announced the successful closure of rs 500 crore qualified institutional placement (qip), with oversubscription by marquee institutional investors. the qip, which opened on 07 october 2024 (post market hours) and closed on 11 october 2024, r
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-11

Markets decline for second consecutive week; Sensex ends 230 points lower

Only 3rd such instance for nifty this year
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-11

India's industrial production contracts 0.1% in August

India's industrial production contracted 0.1 per cent in august, mainly due to poor showing by the mining and power generation sectors, according to official data released on friday. the factory output, measured in terms of the index of industrial producti
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-11

INR tracks weak equities lower; Weakens past 84/$ mark

The indian rupee on friday fell 11 paise, revisiting its all-time low of 84.09 (provisional) against the us dollar, tracking a weak domestic equity market and continued fii outflows. the benchmark 30-share bse sensex ended the session down 230.05 points,
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-11

Indices hold ground, awaiting US inflation data

The domestic equity benchmarks ended with minor gains on thursday. the market opened with gains on positive global cues, but struggled to maintain momentum as investors awaited us inflation data. the nifty settled closed near the 25,000 level. banks and fi
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-10

India to see 11% YoY growth in ready made garment exports over year coming

A latest update from ministry of textiles stated that india's textiles sector is set for significant expansion, with an 11% year-on-year growth in ready-made garments (rmg) of all textiles exports, as per india's trade data of august 2024, signaling a brig
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-10

Den Networks consolidated net profit rises 13.94% in the September 2024 quarter

Sales decline 9.95% to rs 249.08 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-10

Indian Renewable Energy Development Agency standalone net profit rises 36.18% in the September 2024 quarter

Sales rise 39.13% to rs 1620.02 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-10

NB Footwear reports standalone net loss of Rs 0.04 crore in the September 2024 quarter

Reported sales nil
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-10

Infomedia Press reports standalone net loss of Rs 0.88 crore in the September 2024 quarter

Reported sales nil
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-10

Garuda Construction and Engg IPO subscribed 7.55 times

The offer received bids for 15.03 crore shares as against 1.99 crore shares on offer.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-10

INR ends marginally lower; Positive equities limit downside

The indian rupee depreciated 2 paise to close at 83.98 (provisional) against the us dollar on thursday amid sustained foreign fund outflows and elevated crude oil prices. however, a marginal decline in the value of the greenback against overseas currencies
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-10

TCS reports PAT of Rs 11,909 cr in Q2, declares dividend of Rs 10/share

The it major's consolidated net profit declined 1.09% to rs 11,909 crore in q2 fy25 as against rs 12,040 crore reported in q1 fy25.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-10

Tata Consultancy Services consolidated net profit rises 5.00% in the September 2024 quarter

Sales rise 7.65% to rs 64259.00 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-10

Den Networks standalone net profit declines 24.04% in the September 2024 quarter

Sales decline 10.33% to rs 244.71 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-10

Nifty October futures trade at premium

Nse india vix dropped 4.65% to 13.47.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-10

Japanese stocks end up slightly higher

Camera maker nikon jumped 5.6 percent to become the nikkei's top percentage gainer.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-10

Zydus receives USFDA approval for Paliperidone Extended-Release Tablets

Zydus lifesciences has received final approval from the united states food and drug administration (usfda) to manufacture paliperidone extended-release tablets, 1.5 mg, 3 mg, 6 mg, and 9 mg (usrld: invega extended-release tablets, 1.5 mg, 3 mg, 6 mg, and 9
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-10

JSW Steel collaborates with BHP to deploy carbon capture technology in steel industry

Jsw steel and leading global resources company, bhp, are collaborating to accelerate deployment of carbon capture technology for steelmaking decarbonisation, following the signing of a joint study agreement between the parties.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-10

China Shanghai Composite index climbs 1.32%

Also, a survey showed china's average daily home sales during the golden week holiday leapt 23 percent by floor area from the same period last year, spurring hopes of a property market recovery.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-10

Quick Wrap: Nifty Pharma Index falls 2.01%

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Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-10

SpiceJet launches new UDAN flights connecting Shivamogga with Chennai and Hyderabad

This launch marks shivamogga's addition as a new station on spicejet's domestic network and is the airline's first new destination following its successful rs 3,000 crore qualified institutional placement (qip), which has bolstered the airline's expansion
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-10

Intellect launches eMACH.ai Cloud for Wholesale Banking

Intellect global transaction banking (igtb), the transaction banking division of intellect design arena, announced the global launch of emach.ai cloud for wholesale banking. this first principle based pioneering platform is designed to empower wholesale ba
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-10

Equity MF inflow dips 10% on monthly basis, SIPs continue to maintain upward trend

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Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-10

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