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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

Genpact partners with TeamLease to hire over 5,000 graduate apprentices

Teamlease degree apprenticeship (tlda) on monday said it has joined hands with global professional services and solutions firm genpact under which the latter will employ over 5,000 graduate apprentices through the ministry of education apprenticeship progr
Tag: Company India    Source: business-standard.com   Dated: 2024-05-06

Route Mobile Q4 results: Profit falls 9% to Rs 95 cr, revenue remains flat

Enterprise communication firm route mobile on monday posted 8.5 per cent decline in consolidated net profit at rs 95.16 crore for the fourth quarter ended march 31, 2024. the company had clocked a net profit of rs 104.05 crore in the same period a year ago
Tag: Company India    Source: business-standard.com   Dated: 2024-05-06

Indian Bank Q4FY24 results: Net profit rises 55% to Rs 2,247 crore

As on march 31, 2024, the company's gross non-performing assets (npa) were 3.95 per cent of gross advances, compared to 5.95 per cent during the same period in 2023
Tag: Company India    Source: business-standard.com   Dated: 2024-05-06

Hexaware acquires US-based Softcrylic to strengthen data capabilities

Softcrylic specialises in tackling complex data challenges, from data capture and validation to data modelling and activation
Tag: Company India    Source: business-standard.com   Dated: 2024-05-06

Rapido offers free rides to voters on May 13 in Hyderabad, 3 other cities

Rapido, india's foremost commute app, on monday said it pledges to provide free bike taxi, auto and cab rides to voters across hyderabad and also karimnagar, khammam and warangal on may 13, the polling day. rapido is joining hands with the office of the ch
Tag: Company India    Source: business-standard.com   Dated: 2024-05-06

Petrobras loads diesel from RIL on crude tanker in India after delay

The larger shipments will likely ease downward pressure on an oversupplied asian diesel market and create a price floor for the current market, the sources said
Tag: Company India    Source: business-standard.com   Dated: 2024-05-06

FirstCry's parent company Brainbees Solutions re-files documents for IPO

The securities and exchange board of india (sebi) had asked the company to re-file the draft documents due to inadequate disclosure of key performance indicators (kpis)
Tag: Company India    Source: business-standard.com   Dated: 2024-05-06

Quadria Capital acquires minority stake in NephroPlus for 2 million

"the transaction will support nephroplus in serving the growing demand for high quality, affordable dialysis services across india and other markets in asia," singapore-headquartered quadria said
Tag: Company India    Source: business-standard.com   Dated: 2024-05-06

Coromandel expands agtech footprint, increases shareholding in Ecozen

With this, coromandel has increased its shareholding in ecozen to 5.54 per cent, an increase of 3.13 per cent. ecozen is known for its innovative and sustainable solutions
Tag: Company India    Source: business-standard.com   Dated: 2024-05-06

Zee Media Corporation terminates CEO Abhay Ojha; Idris Loya to take over

Zee media corporation limited said it had confirmed the cessation of employment of chief executive officer (ceo) abhay ojha with effect from may 4, 2024
Tag: Company India    Source: business-standard.com   Dated: 2024-05-06

Wipro, Microsoft team up for AI virtual assistants for financial services

Wipro's new genai-powered cognitive assistants will operate on microsoft azure open ai and will be accessible through azure app services
Tag: Company India    Source: business-standard.com   Dated: 2024-05-06

HCLTech partners with Amazon Web Services to drive GenAI adoption

It services firm hcltech on monday said it has partnered with amazon web services (aws) to 'accelerate genai-led enterprise digital transformation'. the companies will work together to implement aws genai (generative ai) services such as amazon bedrock, am
Tag: Company India    Source: business-standard.com   Dated: 2024-05-06

BSNL to launch 4G services across India in August; to use indigenous tech

State-owned bsnl will start rolling out 4g services across the country from august, using completely indigenous technology in line with the government's "atmanirbhar" policy, according to official sources. bsnl officials claimed to have recorded peak speed
Tag: Company India    Source: business-standard.com   Dated: 2024-05-06

CG Power and Industrial Solutions Q4 results: Profit dips 10% to Rs 234 cr

Cg power and industrial solutions on monday reported 10 per cent dip in consolidated net profit to rs 234 crore for march quarter fy24, mainly due to higher expenses. its net profit (from continuing operations) was rs 260 crore in the quarter ended march 3
Tag: Company India    Source: business-standard.com   Dated: 2024-05-06

Coal India's contribution to govt exchequer up 6.4% at Rs 60,140 cr in FY24

State-owned coal india ltd's contribution to the government exchequer increased by 6.4 per cent to rs 60,140.31 crore in fy24, over the financial year 2022-23. coal india ltd (cil), which accounts for over 80 per cent of domestic coal output, paid rs 56,52
Tag: Company India    Source: business-standard.com   Dated: 2024-05-06

Jet Airways founder granted interim bail for 2 months on medical grounds

The bombay high court on monday granted interim bail for two months on medical grounds to jet airways founder naresh goyal, who has been arrested by the enforcement directorate (ed) in a money laundering case. a single bench of justice n j jamadar said goy
Tag: Company India    Source: business-standard.com   Dated: 2024-05-06

Marico Q4FY24 results: Net profit up 5% at Rs 318 cr, revenue rises 1.7%

The board of directors of marico limited declared a second interim dividend of rs 6.50 per equity share, the total dividend for the year ended march 31, 2024, amounts to rs 9.50 per equity share
Tag: Company India    Source: business-standard.com   Dated: 2024-05-06

Indian Bank Q4 results: Net profit jumps 55% to Rs 2,247 crore, NII up 9%

Public sector lender indian bank reported a 55 per cent jump in net profit at rs 2,247 crore in march quarter of 2023-24. the bank had a net profit of rs 1,447 crore in march quarter of the preceding fiscal. total income increased to rs 16,887 crore in mar
Tag: Company India    Source: business-standard.com   Dated: 2024-05-06

IIFL Finance facing liquidity crunch after gold loan business curbs: Report

"banks are neither sanctioning new lines (of credit) nor disbursing from already sanctioned limits," the official at the company, who did not want to be named, said
Tag: Company India    Source: business-standard.com   Dated: 2024-05-06

Sterlite Power appoints Reshu Madan as CEO Global Products and Services Biz

Sterlite power on monday announced appointment of reshu madan as ceo of the company's global products & services business. his appointment is effective from may 1, the company said in a statement. madan takes over the charge from manish agarwal who has dec
Tag: Company India    Source: business-standard.com   Dated: 2024-05-06

KKR to acquire Bengaluru-based medical devices company Healthium MedTech

According to sources close to the deal, the acquisition is valued between rs 6,500 crore to rs 7,000 crore
Tag: Company India    Source: business-standard.com   Dated: 2024-05-06

South Indian Bank targets 11-12% deposit growth in FY25: MD & CEO Seshadri

The bank will focus more on growing its retail and micro, small and medium enterprises (msme) portfolio
Tag: Company India    Source: business-standard.com   Dated: 2024-05-06

Shapoorji Pallonji Group seeks .2 billion loan from Power Finance Corp

As collateral for the initial loan, the sp group pledged its 18 per cent stake in tata sons, the holding company of the tata group, according to reports
Tag: Company India    Source: business-standard.com   Dated: 2024-05-06

BlackSoil's FY24 disbursement grows 40%; firm exited 18 deals, entered 36

The company's year-on-year disbursement grew by 110%, and its assets under management (aum) increased by nearly 50 per cent year-on-year
Tag: Company India    Source: business-standard.com   Dated: 2024-05-06

Arvind Ltd Q4 result: Profit rises by 7.32% as demand remains steady

Consolidated revenue from operations in fy24 stood at rs 7,737.75 crore as against rs 8,382.48 crore in fy23
Tag: Company India    Source: business-standard.com   Dated: 2024-05-06

KKR to acquire Bengaluru-based medical device maker Healthium from Apax

The investment will be made through kkr's asian fund iv, according to monday's statement, which didn't disclose financial details
Tag: Company India    Source: business-standard.com   Dated: 2024-05-06

'My personal life is mine, does not concern anyone', says Gautam Singhania

Gautam singhania, chairman and managing director of raymond, said that his personal life does not concern anyone in the business space as he is in the middle of a settlement dispute with his estranged
Tag: Company India    Source: business-standard.com   Dated: 2024-05-06

File tax return in mid-June, once all necessary information is available

Only taxpayers with single source of income or simple finances should file early
Tag: Finance India    Source: business-standard.com   Dated: 2024-05-06

RBI to make digital currency available offline, says Governor Das

India is one of the few economies to experiment with a digital currency backed by a central bank, even as developed nations tread cautiously
Tag: Finance India    Source: business-standard.com   Dated: 2024-05-06

ICICI Bank enables UPI payments in India for NRIs via int'l mobile numbers

Icici bank on monday announced that it has enabled instant payment facility upi for its non-resident indian (nri) customers in india through their international mobile numbers. according to the bank, this will significantly enhance convenience of making ev
Tag: Finance India    Source: business-standard.com   Dated: 2024-05-06

India and Ghana agree to operationalise UPI link within six months

India and ghana also discussed the potential of a memorandum of understanding (mou) on digital transformation solutions and a local currency settlement system
Tag: Finance India    Source: business-standard.com   Dated: 2024-05-06

FPSB India, IFSCA sign pact to promote GIFT IFSC as 'global finance hub'

Financial planning standards board india on monday announced that it has signed a pact with the international financial services centres authority (ifsca), gift city, gandhinagar, to promote gift ifsc as a 'global finance hub'. fpsb india and ifsca aim to
Tag: Finance India    Source: business-standard.com   Dated: 2024-05-06

Planning to invest in an IPO of a company: Know details before investing

It is important to note that investing in an ipo requires careful consideration, as it's not a ticket for great return.
Tag: Finance India    Source: business-standard.com   Dated: 2024-05-06

IIFL Finance facing liquidity crunch after gold loan business curbs: Report

"banks are neither sanctioning new lines (of credit) nor disbursing from already sanctioned limits," the official at the company, who did not want to be named, said
Tag: Finance India    Source: business-standard.com   Dated: 2024-05-06

Can govt revoke Revanna's diplomatic passport? Not without a court order

Mea spokesperson, randhir jaiswal, clarified that prajwal did not seek political clearance for his travel, which is typically required under such circumstances
Tag: Finance India    Source: business-standard.com   Dated: 2024-05-06

Indian airlines poised to capture 50% of country's international travel mkt

The improvement would be driven by indian airlines deploying additional aircraft and adding new routes in the international segment
Tag: Finance India    Source: business-standard.com   Dated: 2024-05-06

Apple announces biggest stock buyback in history. What is a stock buyback?

If apple buys back all the shares it said it would, it will own nearly 4 per cent of its own company
Tag: Finance India    Source: business-standard.com   Dated: 2024-05-06

Now, ICICI Bank to let NRIs use international numbers for UPI in India

Icici bank's nri customers residing in 10 countries can pay utility bills and merchants in india through imobile pay
Tag: Finance India    Source: business-standard.com   Dated: 2024-05-06

Fake foreign job offers: How a gang duped 104 people in Delhi-NCR

The police cracked down on a fraudulent operation promising lucrative job opportunities abroad. here's all you need to know
Tag: Finance India    Source: business-standard.com   Dated: 2024-05-06

Loophole that may allow Godrej split without attracting capital gains tax

A family arrangement is a provision in indian tax law that allows the transfer of assets between close family members without incurring capital gains tax.
Tag: Finance India    Source: business-standard.com   Dated: 2024-05-06

Bond buyback signals RBI's easing stance, may switch to neutral, says Citi

While liquidity tightness was not acute in april and overnight rates had not hit the msf ceiling, the rbi probably anticipated election-related constraints on govt spending could tighten liquidity
Tag: Finance India    Source: business-standard.com   Dated: 2024-05-06

ED attaches assets worth Rs 205 cr: What is the Chhattisgarh liquor scam?

The attached properties include 14 assets of tuteja worth rs 15.82 crore, 115 properties of anwar dhebar, the elder brother of raipur mayor and congress leader aijaz dhebar
Tag: Finance India    Source: business-standard.com   Dated: 2024-05-06

Rupee appreciates 3 paise to 83.42 against US dollar in early trade

The rupee appreciated 3 paise to 83.42 against the us dollar in early trade on monday, supported by a firm trend in domestic equities. forex traders said the strength of the american currency in the overseas market and foreign fund outflows weighed on the
Tag: Finance India    Source: business-standard.com   Dated: 2024-05-06

Canada to send 35,700 Super Visa invitations to parents from May 21

Immigration, refugees and citizenship canada (ircc) will send invitations over approximately two weeks
Tag: Finance India    Source: business-standard.com   Dated: 2024-05-06

Home loan outstanding up by Rs 10 lakh cr: What does this mean?

The real estate boom is expected to continue, although the growth rate might slow down slightly due to the high loan amounts already issued.
Tag: Finance India    Source: business-standard.com   Dated: 2024-05-06

Rupee to track Asian peers; bonds eye moves in US yields, foreign flows

The rupee closed marginally higher at 83.4225 on friday. it logged a slight weekly loss compared to most asian currencies, which rose week-on-week
Tag: Finance India    Source: business-standard.com   Dated: 2024-05-06

Market Trading Guide: SBI, Zydus Lifesciences among 5 stock recommendations for Tuesday

Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-05-06

Wall Street rises on growing hopes for Fed rate cuts

The dow jones industrial average rose 86.8 points, or 0.22%, at the open to 38762.43. the s&p 500 rose 14.6 points, or 0.29%, at the open to 5142.42​, while the nasdaq composite rose 52.2 points, or 0.32%, to 16208.537 at the opening bell.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-05-06

Godrej Consumer Q4 Results: FMCG major posts loss of Rs 1,893 crore against profit a year ago

The company also declared an interim dividend of rs 10 per share for the financial year 2024-25 and the record date for ascertaining the names of the shareholders who will be entitled to receive the said dividend is tuesday, may 14, 2024. the dividend will
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-05-06

Grihum Housing Finance Q4 Results: Net profit rises 24% YoY to Rs 46 crore

Grihum housing finance q4 results, grihum housing finance q4 earnings, grihum housing finance shares , grihum housing finance, markets news
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-05-06

HPCL to consider bonus share issue on Thursday; mulls issuance after nearly 8 years

State-run hindustan petroleum corporation (hpcl) on monday said that its board of directors could consider a proposal for a recommendation of bonus equity shares along with the fixation of record date on may 9, thursday when the members meet to approve the
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-05-06

CDSL opens record 1.09 crore Demat accounts in Q4

On friday, cdsl announced its march quarter earnings where it reported a 52% increase in annual profit after tax (pat), and a 105% increase in quarterly pat. ​the total standalone income reported by the company for fy24 stood at 743 crore, which was a 37
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-05-06

Technical Breakout Stocks: How to trade Godrej Properties, Rainbow Children and ABB India on Tuesday?

Indian markets closed mixed on monday tracking the muted trend seen in other asian markets. the s&p bse sensex rose while the nifty50 closed 33 points lower.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-05-06

Self-reliance! Mutual funds holding in NSE-listed companies at all-time high in Q4 even as FIIs pull away

The share of fiis was down by 51 bps quarter-on-quarter (qoq), resulting in the gap between fii and dii holdings narrowing further to an all-time low in this quarter. the dii holding is now just 9.23% lower than the fii holding.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-05-06

Tech View: Nifty forms Inside Bar candle. What should traders do on Tuesday

Nifty on monday ended 33 points lower to form an inside bar pattern on the daily chart with the india vix recording a surge of over 13%.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-05-06

These 5 capital goods stocks hit 52-week highs, rally up to 20% in a month

Hitting the 52-week high is important as it reflects a stock's highest value over the previous year, which has significant implications for traders and investors.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-05-06

Stock market update: Nifty Auto index falls 0.07%

The nifty auto index closed 0.07 per cent down at 22526.6.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-05-06

New plastic waste management rules to benefit ITC, hit Nestle and Britannia: Kotak Equities

Regulations governing recycling and reuse of plastic packaging may hurt consumer plays such as britannia industries, colgate palmolive india and nestle india while benefiting itc, ganesha ecosphere, epl, and uflex, according to kotak institutional equities
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-05-06

Stock market update: Sugar stocks down as market rises

The 30-share bse sensex closed up 17.39 points at 73895.54
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-05-06

Stock market update: Stocks that hit 52-week lows on NSE in today's trade

Titan company, adani ent., bpcl, coal india ltd and sbi were among the top losers on nse in today's trade.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-05-06

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