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NEWS. Stock Market NEWS Updated Daily

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.

NEWS. Stock Market NEWS Updated Daily

INOX Air Products and Asahi India Glass sign MoU for Green Hydrogen

The company stated that this will be india's first-ever green hydrogen plant for the float glass industry
Tag: Company India    Source: business-standard.com   Dated: 2024-05-07

Sebi slaps Rs 15 cr fine on Panchariya in Winsome Yarns GDR manipulation

In its order passed in november 2023, the securities appellate tribunal (sat) affirmed sebi's findings with respect to the first leg of the transaction about fraudulent activities in the gdr issuance
Tag: Company India    Source: business-standard.com   Dated: 2024-05-07

Apple interrogation of NYC worker about union drive illegal: US labor board

The democrat-controlled board also affirmed the judge's ruling that apple illegally barred workers at the world trade center store from distributing union flyers
Tag: Company India    Source: business-standard.com   Dated: 2024-05-07

Anil Agarwal's Hindustan Zinc to pay 6 mn dividend to ease debt burden

Agarwal is also planning to split the group into six listed companies by march 2025 to unlock value
Tag: Company India    Source: business-standard.com   Dated: 2024-05-07

PB Fintech Q4FY24 results: Net profit at Rs 60.19 cr, revenue up 25.4%

The company posted profits for the first time in the third quarter of fy24 at rs 36 crore
Tag: Company India    Source: business-standard.com   Dated: 2024-05-07

Setu unveils Sesame, India's first domain-specific LLM for BFSI sector

Developed in collaboration with indigenous ai research firm sarvam ai, the company said this marks a "chatgpt moment" in financial services
Tag: Company India    Source: business-standard.com   Dated: 2024-05-07

TikTok, ByteDance sue to block US law seeking divestiture or ban of app

Driven by worries among u.s. lawmakers that china could access data on americans or spy on them with the app, the measure was passed overwhelmingly in congress just weeks after being introduced
Tag: Company India    Source: business-standard.com   Dated: 2024-05-07

Gujarat Toolroom Q4 results: Net profit jumps multifold to Rs 50 cr

Gujarat toolroom ltd (gtl) on tuesday reported a multi-fold jump in consolidated net profit to rs 50.29 crore for the march 2024 quarter, mainly due to higher income. its net profit was rs 73 lakh in the quarter ended march 2023, the company said in a regu
Tag: Company India    Source: business-standard.com   Dated: 2024-05-07

Nandan Nilekani-backed people+ai partners with 24 tech organisations

It stands out as one of the select technology-driven consortia dedicated to addressing and facilitating large-scale computing access
Tag: Company India    Source: business-standard.com   Dated: 2024-05-07

Dr Reddy's Labs Q4 profit jumps 36% led by US growth, new products

During the quarter, the company launched 5 new products, of which 4 were launched in the us. a total of 21 products were launched during the year
Tag: Company India    Source: business-standard.com   Dated: 2024-05-07

United Breweries Q4 results: Net profit jumps 5-fold to Rs 80.15 crore

United breweries ltd on tuesday reported a more than five-fold jump in net profit to rs 80.15 crore for the january-march period of 2023-24 compared to the year-ago period. the beverages maker had reported a net profit of rs 13.05 crore for the april-march
Tag: Company India    Source: business-standard.com   Dated: 2024-05-07

IRB Infra Q4 results: Net profit jumps 45% to Rs 189 cr, revenue up 27%

Co's toll revenue increased by 29 per cent in april, earned rs 503 crore from its highways
Tag: Company India    Source: business-standard.com   Dated: 2024-05-07

Nilekani-backed people+ai unveils Adbhut India, a vision for AI in India

The people+ai initiative focuses on discovering, demonstrating, and disseminating population-scale ai use cases for india
Tag: Company India    Source: business-standard.com   Dated: 2024-05-07

LTIMindtree, IBM collaborate to set up GenAI Centre of Excellence for India

It company ltimindtree on tuesday said it has collaborated with american technology company ibm to establish a global, joint generative ai center of excellence (coe) for india. the centre will focus on building point solutions to accelerate clients' genera
Tag: Company India    Source: business-standard.com   Dated: 2024-05-07

IGL Q4 results: Net profit rises 16% to Rs 382.8 crore, revenue falls 2.25%

Total gas sale volumes rose 4 per cent to 3,084.5 million standard cubic metres
Tag: Company India    Source: business-standard.com   Dated: 2024-05-07

IDBI Bank to increase tech spend to 8-9% of operational expenditure

The bank is also working on improving investment in human skills within and further enhancing its subsidiary idbi intech
Tag: Company India    Source: business-standard.com   Dated: 2024-05-07

Indian Bank aims to make over Rs 1 trillion digital transactions: MD & CEO

Public sector indian bank has set a target to cross rs 1 lakh crore business transactions through digital channels, a top official said on tuesday. the city-headquartered bank had made rs 81,000 crore transactions through digital medium last financial year
Tag: Company India    Source: business-standard.com   Dated: 2024-05-07

Voltas Q4 results: PAT down 22.5% at Rs 110.64 cr, services biz up 38%

Air conditioning and engineering services provider voltas ltd on tuesday reported a 22.75 per cent decline in consolidated net profit to rs 110.64 crore in the fourth quarter ended march 31, 2024, impacted by higher expenses. the company had posted a conso
Tag: Company India    Source: business-standard.com   Dated: 2024-05-07

IGL Q4 result: Net profit up 16% at Rs 382 cr, turnover dips to Rs 3,949 cr

Indraprastha gas ltd, india's largest cng retailer, on tuesday reported a 16 per cent rise in march quarter net profit as it sold more gas. the net profit of rs 382.80 crore in the latest january-march quarter was compared to rs 329.75 crore profit registe
Tag: Company India    Source: business-standard.com   Dated: 2024-05-07

REC plans to raise up to Rs 6,000 crore through two bonds on Friday

The company has invited bids for the same on friday. the ncds have been given the highest credit rating of 'aaa' with a 'stable' outlook by icra, and crisil
Tag: Company India    Source: business-standard.com   Dated: 2024-05-07

JSW Energy Q4 results: PAT rises 29%, Rs 2 per share dividend declared

The company said, total net generation for the quarter was up 26 per cent to 6.4 billion units and net debt as on march, was at rs 26,636 crore
Tag: Company India    Source: business-standard.com   Dated: 2024-05-07

SMFG invests Rs 1,300 crore in its Indian unit to fuel NBFC growth

First fresh direct equity investment after 100% acquisition
Tag: Company India    Source: business-standard.com   Dated: 2024-05-07

Airbus delivers 61 aircraft in April up 13%, reaffirms A350F timeline

So far this year, the world's largest planemaker has sold 227 planes - or 222 after allowing for the conversions within the iag airline group's order book
Tag: Company India    Source: business-standard.com   Dated: 2024-05-07

Misleading ads case: SC says public figures must act with responsibility

It is imperative for celebrities and public figures to act responsibly while endorsing a consumer product, the supreme court said on tuesday as it clamped down on misleading advertisements. the apex court directed that before an advertisement is permitted
Tag: Company India    Source: business-standard.com   Dated: 2024-05-07

ICICI Prudential Life pays Rs 1,867 crore towards death claims in FY24

Icici prudential life insurance on tuesday said it has settled 99.17 per cent of death claims in just 1.27 days, with the total such payout at rs 1,867 crore in 2023-24. in a statement, icici prudential life said the company's claim settlement ratio for th
Tag: Company India    Source: business-standard.com   Dated: 2024-05-07

SC terms IMA prez's comments on top court in Patanjali case 'unacceptable'

The supreme court on tuesday termed as "very, very unacceptable" the statements made by indian medical association (ima) president r v asokan targeting the apex court in a recent interview where he answered questions about patanjali ayurved's misleading a
Tag: Company India    Source: business-standard.com   Dated: 2024-05-07

Namdev Finvest's assets under management cross Rs 1,200 cr mark in FY24

Non-banking financial company namdev finvest, which focuses on small business lending, on tuesday said its assets under management have almost doubled to cross rs 1,200 crore during 2023-24 fiscal. the jaipur-headquartered company posted a growth of 92.62
Tag: Company India    Source: business-standard.com   Dated: 2024-05-07

Truecaller adds 23.3 million users in India during first quarter of CY24

Net sales of the company increased by 8 per cent in india reaching sek 316.8 million in the first quarter, compared to sek 292.2 million in the corresponding quarter of the previous year
Tag: Company India    Source: business-standard.com   Dated: 2024-05-07

Japan's Sumitomo Mitsui Financial invests Rs 1,300 cr in SMFG India Credit

Smicc has separately invested rs 150 cr in a subsidiary to expand its affordable housing finance solutions
Tag: Company India    Source: business-standard.com   Dated: 2024-05-07

Tata Motors tops Indian auto market with Punch Mini SUV, beats Maruti

In march 2024, tata's punch achieved a significant milestone by outselling maruti's long-reigning wagonr, with 17,547 units compared to 16,368 sold by the latter
Tag: Company India    Source: business-standard.com   Dated: 2024-05-07

Paytm business chiefs Bipin Kaul, Ajay Singh resign amid restructuring

Paytm stated that the company is currently undergoing a restructuring process to strengthen its leadership team
Tag: Company India    Source: business-standard.com   Dated: 2024-05-07

Sector & thematic funds: Prospects, not past returns, should be your guide

Monitor these funds closely and be quick to exit, instead of trying to chase the last rupee
Tag: Finance India    Source: business-standard.com   Dated: 2024-05-07

Irdai imposes a fine of Rs 1 crore on IPO-bound Go Digit Insurance

According to recent general insurance council data, the company had a gross written premium (gwp) of rs 7,941.1 cr in fy24
Tag: Finance India    Source: business-standard.com   Dated: 2024-05-07

Benchmark govt bond yields edge higher to 7.12% on profit booking

The benchmark 10-year yield ended at 7.1284%, following its previous close of 7.1068%, the lowest since april 10
Tag: Finance India    Source: business-standard.com   Dated: 2024-05-07

ICICI Prudential Life pays Rs 1,867 crore towards death claims in FY24

Icici prudential life insurance on tuesday said it has settled 99.17 per cent of death claims in just 1.27 days, with the total such payout at rs 1,867 crore in 2023-24. in a statement, icici prudential life said the company's claim settlement ratio for th
Tag: Finance India    Source: business-standard.com   Dated: 2024-05-07

Credit flow to moderate, corporate bond issuances to rise in FY25: ICRA

The incremental credit flow was also supported by the all-time high corporate bond issuances of rs 10.2 trillion during the previous financial year
Tag: Finance India    Source: business-standard.com   Dated: 2024-05-07

Household savings dip over Rs 9 trn in 3 yrs to Rs 14.16 trn in 2022-23

Net household savings declined sharply by rs 9 lakh crore to rs 14.16 lakh crore in three years to 2022-23, according to the latest national account statistics 2024 of the ministry of statistics and programme implementation. the net household savings peake
Tag: Finance India    Source: business-standard.com   Dated: 2024-05-07

Want to invest in sovereign gold bonds? Know details before investing

The reserve bank of india (rbi) issues sgbs on behalf of the government
Tag: Finance India    Source: business-standard.com   Dated: 2024-05-07

Planning to purchase a car? Here are best loan rates by various companies

Processing fees and rules of top lenders listed to help you make a decision
Tag: Finance India    Source: business-standard.com   Dated: 2024-05-07

Slow travel is the next big thing & Ahmedabad is among top 10 destinations

Slow travel is an approach to travel that stresses on connection: to local people, cultures, food and music
Tag: Finance India    Source: business-standard.com   Dated: 2024-05-07

DIIs vs mutual funds vs FIIs: Which sectors are investors betting on?

Indian markets are moving towards atmanirbharta (self reliance) with the share of diis set to overtake that of fiis in the next few quarters.
Tag: Finance India    Source: business-standard.com   Dated: 2024-05-07

Sri Lanka retains visa fee for foreign visitors, free for Indians

Visitors from india, china, russia, japan, malaysia, thailand, and indonesia will continue to receive tourist visas free of charge, the sri lankan government has said
Tag: Finance India    Source: business-standard.com   Dated: 2024-05-07

Vital step for demat account security: Know how to add nominee details

A nominee is an individual who receives securities held in the case of the account holder's death.
Tag: Finance India    Source: business-standard.com   Dated: 2024-05-07

ICICI Pru Platinum: A ULIP that aligns distributor payout to fund's value

Offers unlimited free switches between asset classes without any cost and tax implications
Tag: Finance India    Source: business-standard.com   Dated: 2024-05-07

Impact of UK visa changes: 80% drop in dependents accompanying students

The uk said, "this does not mark the end of the road in our plan to cut migration, there is more still to come"
Tag: Finance India    Source: business-standard.com   Dated: 2024-05-07

Explained: As bank lending slows, bond market takes centre stage

While overall credit growth is predicted to moderate in fy2025, domestic bond issuance is expected to rise, driven by attractive interest rates and potential foreign investment.
Tag: Finance India    Source: business-standard.com   Dated: 2024-05-07

NSE cos: FII holding at 11-year low, domestic MFs stake at all-time high

Ownership of government as a promoter increased to a 7-year high of 10.38 per cent in three months ended march this year fuelled by the strong performance of several psus
Tag: Finance India    Source: business-standard.com   Dated: 2024-05-07

Rupee appreciates 4 paise to 83.48 against US dollar in early trade

The rupee was trading in a narrow range against the american currency in early trade on tuesday and appreciated 4 paise to 83.48 against the us dollar amid a positive trend in domestic equities. forex traders said the strength of the american currency in t
Tag: Finance India    Source: business-standard.com   Dated: 2024-05-07

Australia now allows TOEFL scores for all visa applications: Key details

The toefl ibt test assesses english proficiency across listening, reading, writing, and speaking skills
Tag: Finance India    Source: business-standard.com   Dated: 2024-05-07

'Permanent deletion of transactions can anonymise e-rupee like cash'

The e-rupee is a central bank digital currency (cbdc) issued by the reserve bank of india
Tag: Finance India    Source: business-standard.com   Dated: 2024-05-07

How to avoid last-minute Schengen visa rejection and save money: Explained

Over 100,000 indians faced schengen visa rejections in 2022, translating to a loss of rs 87 crore due to non-refundable trip expenses
Tag: Finance India    Source: business-standard.com   Dated: 2024-05-07

Canada Start-Up Visa program: What cap on applications means for Indians

From april 30, canada has set a cap on the number of permanent residence applications linked to the start-up visa programme
Tag: Finance India    Source: business-standard.com   Dated: 2024-05-07

Cerberus eyes private debt growth in India as shadow banks retreat

India is fast emerging as a big market for private credit activity, as global firms deploy billions, lured by the fastest-growing major economy
Tag: Finance India    Source: business-standard.com   Dated: 2024-05-07

Disney reports small loss but sees improvement in streaming

Disney reported higher revenues tuesday on a strong performance by its theme parks division and an improving streaming business, but a write-down in the company's india business resulted in a small loss. the entertainment giant cited walt disney world reso
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-05-07

ET Market Watch: Sensex and Nifty slip amid Lok Sabha voting, high VIX

Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-05-07

Aadhar Housing Finance raises nearly Rs 900 cr from anchor investors

The ipo comprises a combination of a fresh issue of shares worth rs 1,000 crore and an offer-for-sale (ofs) of shares worth rs 2,000 crore by promoter bcp topco. at the upper end of the price band, the valuation exceeds rs 13,000 crore.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-05-07

Nephew, niece not in Kalyani HUF: Baba Kalyani to court

Baba kalyani filed his affidavit on tuesday, stating that his nephew sameer and niece pallavi have no right to file and maintain a suit seeking partition of an alleged kalyani family huf. according to him, the suit is filed by the siblings who by birth are
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-05-07

SRF Q4 Results: Net profit falls 25% to Rs 422 crore

​​chemical firm srf ltd on tuesday reported a 25 per cent decline in its net profit to rs 422 crore for the quarter ended march 2024 on lower income. "the company's profit after tax (pat) decreased 25 per cent from rs 562 crore to rs 422 crore in q4fy2
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-05-07

Technical Breakout Stocks: How to trade Godrej Consumer Products, CG Power and Godrej Agrovet on Wednesday

Sectorally, buying was seen in fmcg, it and technology stocks while selling was visible in public sector, utilities and realty stocks.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-05-07

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

Nity on tuesday ended 140 points lower to form a long negative candle pattern with a minor lower shadow on the daily chart and found support around the 50-day exponential moving average at 22,240 levels.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-05-07

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