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
Rising heatwave could set AC costs of telecom towers soaring
Rising temperatures in india are expected to increase air-conditioning costs at telecom tower installations, potentially impacting the operational expenses of telecom operators. if heatwave conditions persist, telcos could face a 3-5% rise in power and fue
Tag: Industry India Source: indiatimes.com Dated: 2024-05-03
Govt calls meet to discuss measures to bring gloves under quality control
Union government's high-level meeting aims to address the issue of substandard glove imports from southeast asia, focusing on implementing quality control orders for surgical gloves to ensure better standards in the domestic market.
Tag: Industry India Source: indiatimes.com Dated: 2024-05-03
Citroen bets on 'Basalt' to boost India play
French carmaker citroen aims to revive its fortunes in india with the basalt, a mid-size coupe suv set to launch in the second half of this year. the basalt incorporates lessons learned from citroen's experience in india, a market it considers challenging
Tag: Industry India Source: indiatimes.com Dated: 2024-05-03
Quadria cap picks up minority stake in NephroPlus
Nephroplus, india's largest dialysis chain, has secured 3 million (₹860 crore) in a series f funding round led by quadria capital. this funding, a mix of fresh capital and a secondary sale, aims to drive expansion plans within india and targeted marke
Tag: Industry India Source: indiatimes.com Dated: 2024-05-03
Mixed impact on Adani group stocks after Sebi alleges non-compliance
Show cause notices sent to seven group for related party disclosure violation
Tag: Business Markets India Source: business-standard.com Dated: 2024-05-03
Equity markets end with losses; Nifty retreats after hitting fresh highs
Sensex sees intraday swing of 1,627 points
Tag: Business Markets India Source: business-standard.com Dated: 2024-05-03
FPIs domiciled at GIFT City allowed to issue P-notes to investors
Move could boost issuance and drive flows into domestic markets, say experts
Tag: Business Markets India Source: business-standard.com Dated: 2024-05-03
Carlyle Group divests 2% stake in YES Bank for Rs 1,441 cr via open market
Carlyle group on friday divested nearly a 2 per cent stake in private sector lender yes bank for rs 1,441 crore through an open market transaction. us-based carlyle group, through its affiliate ca basque investments, offloaded shares in yes bank through a
Tag: Business Markets India Source: business-standard.com Dated: 2024-05-03
Board of Raymond approves acquisition of Ray Global Consumer Enterprise
At meeting held on 03 may 2024
Tag: Business Markets India Source: business-standard.com Dated: 2024-05-03
TVS Holdings announces acquisition of balance stake in Emerald Haven Towers
Powered by capital market - live news
Tag: Business Markets India Source: business-standard.com Dated: 2024-05-03
Prospect Commodities inks multi-year deal with Africa Negoce Industries
Prospect commodities has signed a mou with africa negoce industries (ani). the total trade value of this mou exceeds million and is set to span until march 25, aiming to fortify the supply chain of raw cashew nuts and cashew husk/pellet.
Tag: Business Markets India Source: business-standard.com Dated: 2024-05-03
Board of Aptus Value Housing Finance India approves NCD issuance up to Rs 2,250 cr
At meeting held on 03 may 2024
Tag: Business Markets India Source: business-standard.com Dated: 2024-05-03
Carborundum Universal announces changes in senior management
On 03 may 2024
Tag: Business Markets India Source: business-standard.com Dated: 2024-05-03
USFDA completes inspection of Eugia Pharma Specialities' Unit II
The inspection closed with 7 observations. the observations are procedural in nature and will be responded to within the stipulated time.
Tag: Business Markets India Source: business-standard.com Dated: 2024-05-03
Slipping profits in Q4FY24 due to inventory loss, says Indian Oil
Iocl said crude throughput for q4 reached record levels of 73,308 mmt in fy24
Tag: Company India Source: business-standard.com Dated: 2024-05-03
Good Capital plans to invest million in Indian AI startups this year
Mauritius-based venture capital firm good capital on friday said it plans to invest usd 25 million, about rs 200 crore, in indian ai startups this fiscal. the investment will be made from the corpus of usd 50 million good capital fund ii, which is expected
Tag: Company India Source: business-standard.com Dated: 2024-05-03
Britannia Industries Q4 results: Net profit down 3.8% at Rs 536.6 crore
The operating margins contracted by 110 basis points to 17.3 per cent during the march quarter from 18.4 per cent in the year-ago period due to price cuts undertaken during the quarter under review
Tag: Company India Source: business-standard.com Dated: 2024-05-03
NSE Q4 results: Net profit rises 20% to Rs 2,478 crore, revenue up 34%
Nse also disclosed that it had filed a revised settlement plea with sebi on march 5 in the trading access point (tap) matter. it said it is awaiting a revert from sebi on its plea
Tag: Company India Source: business-standard.com Dated: 2024-05-03
Carborundum Universal Q4 results: Net profit declines to Rs 142.56 crore
Abrasives manufacturer carborundum universal ltd (cumi) has recorded a consolidated net profit of rs 142.56 crore for the january-march 31, 2024 quarter, the company said. the city-based company part of the diversified conglomerate murugappa group had regi
Tag: Company India Source: business-standard.com Dated: 2024-05-03
Titan Q4 results: Net profit falls short of estimates, rises 5.6%
The jewellery major's profit before interest, depreciation and tax grew 12.2 per cent to rs 1350 crore in the quarter ended march
Tag: Company India Source: business-standard.com Dated: 2024-05-03
JSW Infra Q4FY24 results: Net profit rises 9.8% to Rs 330 crore
The company's revenue from operations rose by 19.8 per cent to rs 1,096 crore on a year-on-year basis. sequentially, the core revenue was up by 16.6 per cent
Tag: Company India Source: business-standard.com Dated: 2024-05-03
Netcon Tech invests in Nikitek to revolutionise airport baggage handling
This move will transform the way baggage handling is done at airports, delivering a seamless, digitally enabled and eco-friendly travel experience, netcon said
Tag: Company India Source: business-standard.com Dated: 2024-05-03
Go First won't move against HC order, set for fleet deregistration
Go first filed for bankruptcy in may 2023. since then, the lessors of these aircraft have been locked in a battle with the former owner of the airline and others to take control of their aircraft
Tag: Company India Source: business-standard.com Dated: 2024-05-03
Inox Wind Q4 results: Net profit at Rs 37 crore, order book at 2.7 GW
Inox wind ltd on friday reported a consolidated profit of rs 36.72 crore for the march 2024 quarter, mainly due to increased income. it had posted a net loss of rs 119.04 crore in the january-march period of the preceding fiscal, the company said in an exc
Tag: Company India Source: business-standard.com Dated: 2024-05-03
ICAI says action against EY India affiliates under its statutory powers
The body added that the procedure for enquiring and levying penalties is governed by statutory rules framed by the centre
Tag: Company India Source: business-standard.com Dated: 2024-05-03
Cigniti Technologies acquisition will be game changer: Coforge CEO
The company has set a target of training 40 per cent of its workforce in genai skills in fy25
Tag: Company India Source: business-standard.com Dated: 2024-05-03
Tesla vs Tesla: US carmaker sues Indian namesake for trademark infringement
During the hearing, the indian company, tesla power india pvt ltd, argued its main business is to make "lead acid batteries" and it has no intention of making electric vehicles
Tag: Company India Source: business-standard.com Dated: 2024-05-03
Aptus Housing Finance Q4 results: Net profit increases 21% to 164 cr
Housing finance company aptus value has recorded a 21 percent hike in its profit after tax for the quarter ending march 31, 2024 at rs 164 crore. the city-based firm had registered a pat of rs 135 crore during the same period last year. for the year ending
Tag: Company India Source: business-standard.com Dated: 2024-05-03
Cash-strapped Byju's pays April salaries to all employees except sales ones
Last month, byju raveendran, the founder and chief executive officer of byju's, secured a private debt of about rs 30 crore to pay the march salaries of employees
Tag: Company India Source: business-standard.com Dated: 2024-05-03
Govt to buy back Rs 40,000 crore worth of sovereign bonds, says RBI
The securities offered for buyback are 6.18% gs 2024, 9.15% gs 2024 and 6.89% gs 2025, the reserve bank of india said in a statement
Tag: Finance India Source: business-standard.com Dated: 2024-05-03
RBI proposes floor for banks' loan exposure for project finance
Standard asset provision suggested at 5 per cent in a phased manner
Tag: Finance India Source: business-standard.com Dated: 2024-05-03
Asian Development Fund to be replenished with billion: ADB Prez Asakawa
The asian development fund (adf) will be replenished with usd 5 billion to support most vulnerable sections in the asia pacific region. donors and the asian development bank (adb) have agreed for the replenishment of adf and technical assistance special fu
Tag: Finance India Source: business-standard.com Dated: 2024-05-03
RBI proposes tighter rules for under-construction infra project financing
Indian banks had seen large defaults across infrastructure loans starting 2012-2013 on account of exuberant lending, which led to a strain on the country's banking system
Tag: Finance India Source: business-standard.com Dated: 2024-05-03
RBI revises banks' capital market exposure norms for T+1 settlement
The limit of 30 per cent for risk is based on the assumption of 20 per cent downward price movement of the equities on t+1
Tag: Finance India Source: business-standard.com Dated: 2024-05-03
Banks' loans rose 19% in two weeks to April 19, deposits up 13%: RBI data
Outstanding loans fell rs 98,700 crore (.84 billion) to rs 16,400,000 crore in the two weeks to april 19
Tag: Finance India Source: business-standard.com Dated: 2024-05-03
ET Market Watch: Rs 2 Lakh Cr wiped off from markets, Sensex drops 733 pts: 7 factors behind the crash
Tag: Share Markets India Source: indiatimes.com Dated: 2024-05-03
RBI: Govt to buy back bonds worth Rs 40,000 crore; move to ease tight liquidity
The unexpected move is also seen bringing down yields on short-term government bonds, as the three securities that the government has chosen to buy back are all maturing within six to nine months. a fall in government bond yields brings down cost of borrow
Tag: Share Markets India Source: indiatimes.com Dated: 2024-05-03
Carborundum Universal Q4 Results: Consolidated net profit reported at Rs 142.56 cr
Abrasives manufacturer carborundum universal ltd (cumi) has recorded a consolidated net profit of rs 142.56 crore for the january-march 31, 2024 quarter, the company said.
Tag: Share Markets India Source: indiatimes.com Dated: 2024-05-03
Britannia Industries declares a final dividend of Rs 73 per share
The announcement came with the company's quarterly earnings where it reported a consolidated net profit of rs 538.28 crore for the quarter ended march 31, 2024. the profit figure was down 3.6% versus rs 558.66 crore reported in the year-ago period.
Tag: Share Markets India Source: indiatimes.com Dated: 2024-05-03
Britannia Industries Q4 Results: Cons PAT declines 4% YoY to Rs 538 crore; dividend declared at Rs 73.5 per share
Britannia q4 results: the pat was in line with the street's estimates, which predicted the same at rs 537 crore. the total revenue reported in the january-march quarter stood at rs 4,069.36 crore, which was up nearly 1% over rs 4,023.18 crore reported by i
Tag: Share Markets India Source: indiatimes.com Dated: 2024-05-03
Raymond Q4 Results: PAT rises 18% YoY to Rs 229 crore
Raymond ltd on friday reported an 18 per cent rise in consolidated profit after tax at rs 229 crore in the fourth quarter ended march 2024. the company had posted a consolidated profit after tax of rs 194 crore in the same quarter previous fiscal, raymond
Tag: Share Markets India Source: indiatimes.com Dated: 2024-05-03
Firstsource Solutions Q4 Results: Net profit drops 6% YoY to Rs 133.5 crore
Rp sanjiv goenka group's business process management services company, firstsource solutions limited, posted a consolidated decline of 5.6 per cent in net profit to rs 133.5 crore for the quarter ended march 2024, compared to rs 141.3 crore registered in t
Tag: Share Markets India Source: indiatimes.com Dated: 2024-05-03
JSW Infrastructure Q4 Results: Net profit rises 9% to Rs 329 crore
Jsw infrastructure on friday reported 9 per cent increase in consolidated net profit to rs 329 crore for the fourth quarter ended march 2024. the company had clocked a profit of rs 302.26 crore in the corresponding period of the previous fiscal, it said in
Tag: Share Markets India Source: indiatimes.com Dated: 2024-05-03
NSE board approves 4:1 bonus issue, dividend of Rs 90 per share
A company issues bonus shares for their shareholders in order to increase the liquidity of the stock as well as to decrease its stock price thereby making it affordable for investors. all shareholders who own company shares before the record date, which is
Tag: Share Markets India Source: indiatimes.com Dated: 2024-05-03
Aptus Value Housing Finance Q4 Results: Net profit jumps 21% YoY to Rs 164 crore
The lender's assets under management expanded 29% year-on-year to rs 8722 crore, while gross non-performing assets ratio improved a bit to 1.07% at the end of march from 1.15% a year back.
Tag: Share Markets India Source: indiatimes.com Dated: 2024-05-03
RBI directs banks to restrict capital market exposure
The rbi's move comes in response to changes in the settlement cycle introduced by stock exchanges, shifting from t+2 to t+1 rolling settlement for equities.
Tag: Share Markets India Source: indiatimes.com Dated: 2024-05-03
Apple shares jump 7% as record buyback, sales growth forecast lure investors
Apple shares jumped nearly 7% on friday as the iphone maker's record stock buyback plan and promise of sales growth brought back investors who have shunned the stock on concerns over weak demand and increased competition in china.
Tag: Share Markets India Source: indiatimes.com Dated: 2024-05-03
8 defence stocks beat benchmark by wide margin, soar up to 267% in a year
From the pack zen technologies, and mazagon dock shipbuilders have soared over 200%
Tag: Share Markets India Source: indiatimes.com Dated: 2024-05-03
Apple logs strong double-digit growth in India; CEO says incredibly exciting market
Apple grew at a strong double-digit rate in india, hitting a new march quarter revenue record in an "incredibly exciting market", even though the tech titan's overall quarterly revenue declined 4 per cent.
Tag: Share Markets India Source: indiatimes.com Dated: 2024-05-03
Wall Street rallies after soft jobs data allays rate jitters
U.s. job growth slowed more than expected in april and the increase in annual wages fell below 4% for the first time in nearly three years. the unemployment rate came in higher than estimated. that prompted traders to boost bets that the fed will deliver i
Tag: Share Markets India Source: indiatimes.com Dated: 2024-05-03
Carlyle Group sells 2% stake worth Rs 1,442 crore in YES Bank via block deal
Prior to the block deal, the carlyle group held a 8.74% stake in this private lender through an entity named ca basque investments. yes bank reported a standalone net profit of rs 452 crore for the quarter ended march 31, 2024, a jump of 123% over rs 202.4
Tag: Share Markets India Source: indiatimes.com Dated: 2024-05-03
Air India to restart Delhi-Tel Aviv flights on May 16
In a post on x, air india said it will resume "services between delhi and tel aviv with five weekly flights from 16 may, 2024'.
Tag: Industry India Source: indiatimes.com Dated: 2024-05-03
Corporate affairs ministry bats for effective cost audits to curb corporate frauds
Corporate affairs ministry highlights the importance of cost audits in preventing manipulation by companies, such as misleading banks and evading taxes like gst. compliance with the companies act, 2013 is crucial for monitoring cost records.
Tag: Industry India Source: indiatimes.com Dated: 2024-05-03
Northern Railways cancels 69 trains, diverts 107 due to farmers' protest in Shambhu
Northern railway canceled 69 trains, diverted 107, and changed 12 train routes due to farmers' agitation at sambhu station. major trains impacted include delhi sarai rohilla ac superfast express and jammu mail.
Tag: Industry India Source: indiatimes.com Dated: 2024-05-03
Adani Group eyeing port in Philippines
Apsez to invest in bataan, philippines for a 25m deep port. president marcos supports the expansion. strong financial performance reported with 76.87% net profit increase and significant cargo handling in india.
Tag: Industry India Source: indiatimes.com Dated: 2024-05-03
Service charge by restaurants, hotels with GST a 'double whammy' for customers: Delhi High Court
Delhi high court criticizes service charge with gst, questioning renaming to 'staff charges' by restaurant associations. case involves consumer protection authority's guidelines on transparent service charge display, next hearing on may 29.
Tag: Industry India Source: indiatimes.com Dated: 2024-05-03
Godrej Properties to market realty projects developed by Godrej & Boyce for management fees
Jamshyd godrej and his sister control godrej & boyce with 3,000 acres mumbai property. adi godrej and nadir godrej market real estate projects for management fees. pirojsha godrej mentions vikhroli, mumbai, and the development management (dm) model.
Tag: Industry India Source: indiatimes.com Dated: 2024-05-03
RBI approves reappointment of Atanu Chakraborty as part-time chairman of HDFC Bank for 3 years
Atanu chakraborty has been reappointed as the part-time chairman of hdfc bank by the reserve bank of india for a three-year term from may 5, 2024, to may 4, 2027. with a 35-year tenure in the indian administrative service (ias) in the gujarat cadre, chakra
Tag: Industry India Source: indiatimes.com Dated: 2024-05-03
Bajaj to launch first CNG-powered motorcycle on June 18, reveals MD Rajiv Bajaj
Rajiv bajaj unveiled plans for bajaj auto's first cng motorcycle on june 18, 2024, challenging hero motocorp's dominance in the entry-level segment. the bi-fuel bike will run on cng and petrol, with details like trademarked names still undisclosed.
Tag: Industry India Source: indiatimes.com Dated: 2024-05-03
India's mining sector grows by 7.5% in FY24
India's mining sector thrived in fy24, with iron ore and limestone production leading the growth. the sector's positive performance was driven by robust demand in steel, cement, and aluminum industries, highlighting strong economic activity.
Tag: Industry India Source: indiatimes.com Dated: 2024-05-03
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