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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

Mutual fund SIP investors make a killing with monthly investment of just Rs 20,000

Tag: Mutual Fund India    Source: indiatimes.com   Dated: 2024-05-05

Earnings watch: The bar is creeping higher as Wall Street feels more optimistic

Tag: Breaking Business News USA    Source: marketwatch.com   Dated: 2024-05-05

Paramount reportedly approves buyout talks with Sony, Apollo

Tag: Breaking Business News USA    Source: marketwatch.com   Dated: 2024-05-05

,500 for tequila? The Cinco de Mayo staple has become a super-premium spirit.

Tag: Breaking Business News USA    Source: marketwatch.com   Dated: 2024-05-05

Nio's April Deliveries Were Solid. Is The Stock Undervalued At ?

Chinese luxury electric vehicle maker nio (nyse:nio) delivered 15,620 vehicles in april, up a solid 134% versus a year ago. sales were driven in part by the recent launch of the company’s 2024 series of vehicles, including updated versions of the es8
Tag: Stock Investment USA    Source: nasdaq.com   Dated: 2024-05-05

Should You Pick CVS Health Stock At After Q1 Miss?

Cvs health (nyse: cvs) recently reported its q1 results, with revenues and earnings missing our estimates. the company reported revenue of .4 billion and adjusted earnings of .31 per share, much lower than our estimates of billion and .74,
Tag: Stock Investment USA    Source: nasdaq.com   Dated: 2024-05-05

Ola's AI to outdo global players in energy-efficient data centres: Founder

Ola's ai platform krutrim will compete with global technology majors in building energy-efficient data centres and offer cloud services at the lowest price for the development of artificial intelligence, its founder bhvish aggarwal said. while speaking at
Tag: Company India    Source: business-standard.com   Dated: 2024-05-04

Paytm COO Bhavesh Gupta resigns; company rejigs senior management

Paytm's parent company one97 communications president and chief operating officer bhavesh gupta has resigned from the company, an official statement said on saturday. as part of a change in leadership structure, fintech firm paytm has appointed rakesh sing
Tag: Company India    Source: business-standard.com   Dated: 2024-05-04

Kansai Nerolac Paints Q4 results: Net profit rises 24% to Rs 1.16 billion

Revenues at india's third-largest paintmaker by market capitalisation rose over 2% to 17.69 billion rupees, while a rise in input costs helped total expenses tick 1.7% higher
Tag: Company India    Source: business-standard.com   Dated: 2024-05-04

Warren Buffet's Berkshire Hathaway Q1 operating profit up 39% at .22 bn

The size of berkshire's stake in apple stake fell 22% to 5.4 billion as of march 31 from 4.3 billion at the end of 2023, even though the iphone maker's share price fell just 11% in the quarter
Tag: Company India    Source: business-standard.com   Dated: 2024-05-04

Board of Aptus Value Housing gives nod to issue NCDs up to Rs 2,250 cr

The board of housing finance company aptus value has approved the issuance of non-convertible debentures up to rs 2,250 crore, the chennai-based company said on saturday. aptus value housing finance india ltd recorded a 22 per cent hike in its profit after
Tag: Company India    Source: business-standard.com   Dated: 2024-05-04

Air India reduces cabin baggage allowance to 15 kg for lowest fare segment

Loss-making air india has reduced the free cabin baggage allowance to 15 kilogram from 20 kilogram for the lowest economy fare segment on domestic flights. the changes have been made in the menu-based pricing model fare families that were introduced by the
Tag: Company India    Source: business-standard.com   Dated: 2024-05-04

JK Bank Q4 Results: Bank reports highest-ever annual profit of Rs 1,767 cr

Jammu and kashmir bank on saturday reported its highest-ever annual profit at rs 1,767 crore for 2023-24. its managing director and ceo baldev prakash said the net profit surged 48 per cent compared to the previous fiscal. "beating its own highest-ever rec
Tag: Company India    Source: business-standard.com   Dated: 2024-05-04

Volkswagen strengthens retail footprint with new store in Tamil Nadu

German automaker volkswagen has inaugurated a new store in the city under its expansion drive in the state, strengthening its retail presence in the country. with the setting up of a new outlet at ambattur in the city, the total network for the automobile
Tag: Company India    Source: business-standard.com   Dated: 2024-05-04

NCLT registers 43% increase in debt resolution amid many bottlenecks: IBBI

Amid several bottlenecks, the insolvency bankruptcy board of india (ibbi) declared 2023-24 as a landmark year, with the national company law tribunal achieving a significant 43 per cent increase in resolutions, jumping from 189 cases last year to 270 this
Tag: Company India    Source: business-standard.com   Dated: 2024-05-04

Birla Corporation Q4 results: Profit up 128% at Rs 193 cr, revenue up 8%

Q4 fy 24 results: the company board has recommended a dividend of rs 10 per share for the financial year 2023-24
Tag: Company India    Source: business-standard.com   Dated: 2024-05-04

DMart Q4 results: Net profit rises 22% to Rs 563 crore, revenue up 20%

Dmart q4 results: the revenue from operations of dmart rose to rs 12,726.5 crore in q4fy24 from rs 10,594 crore in the same quarter of previous financial year
Tag: Company India    Source: business-standard.com   Dated: 2024-05-04

CDSL Q4 result: Net profit doubles to Rs 129 cr, income up 86% at Rs 267 cr

Leading depository cdsl on saturday said its net profit doubled to rs 129 crore for the three months ended march 2024. it had posted a net profit of rs 63 crore in the same quarter a year ago, central depository services (india) ltd (cdsl) said in a statem
Tag: Company India    Source: business-standard.com   Dated: 2024-05-04

Bhavish Aggarwal's Krutrim unveils Android app, iOS app coming soon

Krutrim has opened up its cloud platform for enterprises, researchers, and developers, enabling development of new-age technology products at a fraction of current costs
Tag: Company India    Source: business-standard.com   Dated: 2024-05-04

Tata Power Renewable signs pact with SJVN for 460 MW clean energy project

Tata power renewable energy ltd (tprel) on saturday said it has signed an agreement with state-owned sjvn ltd to set up a 460 mw firm and dispatchable renewable energy (fdre) project. an fdre plant enables round-the-clock power supply, assisting power dist
Tag: Company India    Source: business-standard.com   Dated: 2024-05-04

IDBI Bank Q4 results: Net profit jumps 44% to Rs 1,628 cr, NII rises 12%

Private sector lender idbi bank on saturday reported a 44 per cent jump in net profit at rs 1,628 crore in the march quarter of financial year 2023-24. in comparison, the bank had posted a net profit of rs 1,133 crore in the year-ago period. total income r
Tag: Company India    Source: business-standard.com   Dated: 2024-05-04

Kotak Mahindra Bank Q4 result: Consolidated PAT up 17% to Rs 5,337.2 cr

Standalone net profit at rs 4,133.3 cr, is up 18.24 per cent year-on-year on the back of healthy loan growth and rise in fee income
Tag: Company India    Source: business-standard.com   Dated: 2024-05-04

RBI approves appointment of Sanjeev Nautiyal as MD&CEO of Ujjivan SFB

Third ceo in five years; current ceo davis to be relieved early
Tag: Company India    Source: business-standard.com   Dated: 2024-05-04

Adani Ports to invest in Philippines, eyes Bataan for port development

Adani ports and special economic zone limited (apsez) is eyeing bataan to establish a 25-meter-deep port capable of accommodating panamax vessels
Tag: Company India    Source: business-standard.com   Dated: 2024-05-04

Tata Motors' DVR conversion plan gets shareholders' nod with 99.8% votes

The shareholder approval will pave the way for tata motors to convert its shares with dvr into ordinary shares and thereby simplify its capital structure
Tag: Company India    Source: business-standard.com   Dated: 2024-05-04

Sebi puts seven Adani Group companies on notice for regulatory violations

The company did not give details of the alleged violations or the parties involved
Tag: Company India    Source: business-standard.com   Dated: 2024-05-04

'We’d love to spend it, but...": Warren Buffett as Berkshire's cash pile swells to 9 billion

At berkshire hathaway's annual meeting, warren buffett celebrated charlie munger, discussed growing earnings, and addressed the 9 billion cash pile. shareholders eagerly awaited insights on berkshire's future direction and succession plan.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-05-04

Warren Buffett's Berkshire pares huge Apple stake as cash, operating profit set records

Berkshire hathaway inc's record profit driven by insurance operations included a significant apple share sale, increasing cash to 9 billion. buffett's move away from apple reflects investor concerns. the company also repurchased its own stock and held i
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-05-04

J&K Bank reports highest-ever annual profit of Rs 1,767 crore for FY24

The bank witnessed a 10% increase in its total income to rs 6,029.17 crore from rs 5,502.09 crore. it had posted a profit of rs 1,197 crore last fiscal, which was the highest profit till last year.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-05-04

CDSL Q4 Results: Cons PAT zooms 86% YoY to Rs 267 crore; revenue jumps 93%

The board has announced a final dividend of rs 19 and a special dividend of rs 3 per share to commemorate the 25-year silver jubilee celebrations of cdsl. ebitda stood strong at rs 148 crore, up by 111% from rs 70 crore reported for the same period last ye
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-05-04

Concurrent Gainers: Siemens among 6 stocks that rose for 5 days in a row

Amid the negative trend, etmarkets highlighted six stocks within the bse 100 index that consistently rose in price throughout the last 5 trading sessions.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-05-04

Three stock recommendations from Rajesh Palviya for next week

One should use this volatility to buy and accumulate good quality stocks in this decline. we are optimistic that we could again resume the uptrend and possible target for may series could be towards 23,000 to 23,200, says rajesh palviya, axis securities.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-05-04

Use any rallies to switch from IT to domestic themes: Vinit Bolinjkar

Kotak bank is suffering from the pains of rbi strictures and until that is sorted out i do not think this stock is going anywhere. so, 1600 was a strong support level that has given way and the stock can get into a vertical fall i think for another 200 poi
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-05-04

Dalal Street Rollercoaster: Profit-Taking looms as volatility soars

The last trading day of the week saw the index swinging wildly. during the week, the nifty oscillated in a 446.65 range before closing the week on a flat note. the benchmark index posted minor weekly gains of55.90 points.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-05-04

HCL Tech among 8 stocks that will trade ex-dividend next week

Here's a look at top stocks that will trade ex-dividend next week.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-05-04

DMart Q4 Results: PAT grows 22% YoY to Rs 563 crore, revenue up 20%

The profit was rs 460 crore in the corresponding quarter of the previous financial year. the retailer's ebitda rose 22.3% yoy to rs 943 crore while its operating profit margin also a growth of 13 bps at 7.41%.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-05-04

All malpractices of Harshad Mehta, Ketan Parekh era back via Kolkata: Harsh Goenka

He also appealed markets regulator sebi and the finance ministry to step in and investigate before small investors suffer severe losses. earlier in march, sebi chief madhabi puri buch had openly raised the issue of froth building up in smallcaps and midcap
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-05-04

Titagarh Rail among top 10 smallcap block deals signed this week

Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-05-04

Fortis among Kunal Shah's 3 stock buy ideas for the week

“nifty is showing signs of near-term bearishness as it forms a double top pattern on the daily chart, coupled with a bearish engulfing candle. this suggests a sell-on-rise approach in the market,” says this expert.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-05-04

IDBI Bank Q4 Results: PAT soars 44% YoY to 1,628 crore; NII rises 12%

Idbi bank's gross npa ratio improved to 4.53% as against 6.38% yoy while net npa ratio also improved to 0.34% vs 0.92% yoy..the lender has announced a dividend of rs 1.50 per share which will be will be paid on approval by shareholders at the ensuing annua
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-05-04

Nuvama downgrades Titan, cuts target price to Rs 3,867 post Q4 results

The downgrade came after the company reported a 9% miss in consensus earnings driven by weaker jewellery margins for two consecutive quarters.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-05-04

HDFC Capital exits Total Environment project in Bengaluru

Hdfc capital, a subsidiary of hdfc bank and the real estate private equity arm of hdfc group, has exited a bengaluru project by total environment, yielding a return close to ₹300 crore. initially investing ₹229 crore in the whitefield-based pursuit of
Tag: Industry India    Source: indiatimes.com   Dated: 2024-05-04

Paytm COO Bhavesh Gupta resigns; set to become adviser to CEO office

Bhavesh gupta, chief operating officer (coo) and president of one 97 communications (ocl), the parent company of the paytm brand, has resigned. the fintech firm announced this to stock exchanges on saturday. gupta will shift to an advisory role at the offi
Tag: Industry India    Source: indiatimes.com   Dated: 2024-05-04

Pre-emptive steps, better planning help meet peak power demand in April

India copes with high power demand during heat wave, hitting 224 gw last month. major load from air conditioners. heatwave continues till may 6. majority electricity from coal-based power, with growth in solar and wind power.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-05-04

The penicillin war: India's journey from self-sufficiency to dependence on China

After india lost its dominance in making penicillin, a drought of three decades is coming to an end. the drug – which forms the base for a raft of extremely potent antibiotics – is part of the govt’s aggressive push for self-sufficiency in critical a
Tag: Industry India    Source: indiatimes.com   Dated: 2024-05-04

A revenge of the fifth: Recovering the lost ‘antriksh ke veer’ through AI

Star wars day, may 4, and revenge of the fifth, may 5. oliver huber talks about 'antriksh ke veer,' a blend of star wars and bollywood. the ai artist creates images resembling iconic star wars characters using ai software.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-05-04

RBI's ban to impact reputation of Kotak Mahindra Bank more than financial: Ashok Vaswani

"what is evident is that our efforts have fallen short of what the regulator expects. my commitment is to further accelerate our efforts and investments. winning back the trust and reputation with our customers and regulators is number one priority for me
Tag: Industry India    Source: indiatimes.com   Dated: 2024-05-04

Adani firm APSEZ planing port development in Philippines

Apsez plans a deep port in bataan, philippines with president marcos' support. investment focus includes ports, airports, power, and defence. starting regionally, aiming for agricultural product ports, and enhancing gateways for tourism and business.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-05-04

Station Master dozes off on duty, makes Patna-Kota Express wait for half an hour near UP's Etawah

The patna-kota express train waited for a green signal for about half an hour at udi mor road station near etawah in uttar pradesh on may 3 as the station master fell asleep on duty. taking serious note of the incident, the agra division, under which the s
Tag: Industry India    Source: indiatimes.com   Dated: 2024-05-04

Bangalore Watch Company tests its apogee wrist watch in Space, prototype travels 35 km into Earth's atmosphere

Bangalore watch company successfully tests apogee wristwatch in space, marking a significant milestone in the brand's history. the karman line project demonstrates the watches' capability and inspiration from the indian space program.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-05-04

Kotak Mahindra Bank to redeploy resources to minimise impact of RBI's restrictions

Kotak mahindra bank aims to redistribute resources to mitigate the effects of rbi's recent measures, which prohibited the bank from onboarding new customers online and issuing fresh credit cards. the bank emphasized its collaboration with regulators to enh
Tag: Industry India    Source: indiatimes.com   Dated: 2024-05-04

KKR to buy Healthium Medtech for Rs 7000 cr from Apax

Binding agreement signed; formal announcement by early next week, pips rival bidders mankind pharma-chrys cap healthium is the largest manufacturer of surgical needles globally by volume.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-05-04

Volkswagen strengthens retail footprint with new store in Tamil Nadu

"the chennai metropolitan area is one of the key markets for volkswagen in india. in 2023, our virtus was one of the highest-selling sedans in this market. with this inauguration of our newest touchpoint in chennai, we are emphasising our commitment to the
Tag: Industry India    Source: indiatimes.com   Dated: 2024-05-04

HDFC Capital exits with Rs 298 crore return from Total Environment project in Bangalore

Hdfc capital, a subsidiary of hdfc bank ltd, exited a total environment project in bangalore, yielding a return of close to rs 300 crore. the investment of rs 229 crore was for a residential apartment project in whitefield called "pursuit of a radical rhap
Tag: Industry India    Source: indiatimes.com   Dated: 2024-05-04

We have returned to profitability: Vinayak Pai, MD & CEO Tata Projects

"i feel proud to announce that we have returned to profitability, and we are moving forward on our path to deliver predictable and sustainable projects through innovation and technology," vinayak pai, md & ceo at tata projects said.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-05-04

RBI allows Ujjivan Small Finance Bank to rope in former SBI veteran as MD & CEO

The reserve bank of india has approved sanjeev nautiyal as the managing director & ceo at ujjivan small finance bank for three years, effective from july 1, 2024. nautiyal, with over three decades of banking experience, will hold the position of presid
Tag: Industry India    Source: indiatimes.com   Dated: 2024-05-04

Tata Power Renewable Energy signs pact with SJVN for 460 MW clean energy project

Tata power renewable energy ltd and sjvn ltd collaborate on a 460 mw fdre project integrating solar, wind, and battery storage technologies to enhance energy dispatch efficiency and contribute to tprel's total renewables capacity of 9,421 mw.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-05-04

D-Street Scam? Harsh Goenka warns of Harshad Mehta-era scam amid booming markets

Rpg group chairman harsh goenka has raised alarm over a resurgence of stock market malpractices akin to the harshad mehta/ketan parekh era, particularly in kolkata. he expressed concerns about promoters inflating profits and colluding with brokers to artif
Tag: Industry India    Source: indiatimes.com   Dated: 2024-05-04

Explainer: Which ratio to look at while buying a mutual fund?

Unsystematic risk is eliminated by selecting companies with sound fundamentals while systematic risk is restricted to an extent by creating a low beta portfolio.
Tag: Mutual Fund India    Source: indiatimes.com   Dated: 2024-05-04

Top 10 equity mutual funds which delivered highest returns in April

There were around 488 equity schemes in the market.
Tag: Mutual Fund India    Source: indiatimes.com   Dated: 2024-05-04

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