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

HMSI domestic sales jump 42% to 481,046 units in April, exports up 67%

HMSI domestic sales jump 42% to 481,046 units in April, exports up 67%

Honda motorcycle and scooter india on thursday reported a 42 per cent year-on-year jump in domestic wholesales at 4,81,046 units in april. the two-wheeler major had dispatched 3,38.289 units to its dealers in the year-ago. exports increased 67 per cent to
Tag: Company India    Source: business-standard.com   Dated: 2024-05-02

Coal India Q4 results: Consolidated net profit rises 26% to Rs 8,682 crore

Coal India Q4 results: Consolidated net profit rises 26% to Rs 8,682 crore

Coal behemoth cil on thursday reported a 26.2 per cent rise in consolidated net profit to rs 8,682.20 crore for the march quarter. the company's consolidated net profit stood at rs 6,875.07 crore in the year-ago period, coal india ltd (cil) said in a regul
Tag: Company India    Source: business-standard.com   Dated: 2024-05-02

Federal Bank Q4 results: Profit flat at Rs 906 cr due to pension expense

Federal Bank Q4 results: Profit flat at Rs 906 cr due to pension expense

Bank in advance stages of submitting new ceo names to rbi
Tag: Company India    Source: business-standard.com   Dated: 2024-05-02

Ramkrishna Forgings Q4FY24 results: Net profit surges 31% to Rs 87 crore

Ramkrishna Forgings Q4FY24 results: Net profit surges 31% to Rs 87 crore

Ramkrishna forgings ltd (rkfl) on thursday reported a 31 per cent rise in standalone net profit to rs 87.30 crore for the january-march quarter of 2023-24. its net profit was at rs 66.82 crore in the january-march period of 2022-23, the company said in an
Tag: Company India    Source: business-standard.com   Dated: 2024-05-02

Tata Projects Q4 results: PAT at Rs 120.5 cr on back of higher revenues

Tata Projects Q4 results: PAT at Rs 120.5 cr on back of higher revenues

Epc firm tata projects on thursday reported a profit after tax of rs 120.57 crore for the quarter ended march 31 on the back of higher revenues. the company had posted a loss of rs 366.42 crore in the year-ago period, tata projects said in a statement. the
Tag: Company India    Source: business-standard.com   Dated: 2024-05-02

IEX overall trade volume rises 14% to 9,044 million units in April

IEX overall trade volume rises 14% to 9,044 million units in April

The indian energy exchange (iex) posted 14.1 per cent growth in its overall trade volume at 9,044 million units in april as compared to the year-ago period. the exchange achieved 7,928 mu overall trade volume in april 2023, including green market trade of
Tag: Company India    Source: business-standard.com   Dated: 2024-05-02

Moody's tops quarterly profit estimates on back of strong product demand

Moody's tops quarterly profit estimates on back of strong product demand

Moody's investors service revenue grew 35%, fueled by improved market conditions and opportunistic activity which drove strong issuance across multiple asset classes, said cfo noemie heuland
Tag: Company India    Source: business-standard.com   Dated: 2024-05-02

Wipro to implement Independent Health's medicare prescription payment plan

Wipro to implement Independent Health's medicare prescription payment plan

Wipro's medicare prescription payment plan platform will streamline prescription payments
Tag: Company India    Source: business-standard.com   Dated: 2024-05-02

Embassy Group sales bookings up 85% to Rs 2,250 cr on better housing demand

Realty firm embassy group on thursday said its sales bookings rose 85 per cent in the last fiscal year to record rs 2,250 crore on strong housing demand. in a statement, the company said it achieved best-ever performance in the 202324 fiscal year for its r
Tag: Company India    Source: business-standard.com   Dated: 2024-05-02

South Indian Bank Q4 results: Net profit down 14% at Rs 287.56 crore

The bank's gross non-performing asset in q4 fy24 came down by 64 basis points from 5.14% to 4.50%
Tag: Company India    Source: business-standard.com   Dated: 2024-05-02

Morgan Stanley PE, India Life Sciences Fund inject Rs 1,000 cr into Maiva

Maiva pharma on thursday said it has raised rs 1,000 crore from morgan stanley private equity asia and india life sciences fund. the transaction includes both primary and secondary funding, the bengaluru-based pure play injectables contract development and
Tag: Company India    Source: business-standard.com   Dated: 2024-05-02

Coforge Q4 results: Net profit up 95% at Rs 223.7 cr, revenue rises 8.7%

Coforge q4fy24 results: the board of the company recommended an interim dividend of rs 19 per share
Tag: Company India    Source: business-standard.com   Dated: 2024-05-02

Reliance Industries starts trading US oil setting Brent benchmark

London (reuters) - india's reliance has made its first foray into trading a type of u.s. crude oil that underpins the global brent benchmark in a process run by oil-index publisher s&p global commodity insights, the publisher said.
Tag: Company India    Source: business-standard.com   Dated: 2024-05-02

Fin inclusion, digital growth to drive momentum: Airtel Payments Bank CEO

Airtel payments bank ceo anubrata biswas is optimistic that the payments bank momentum in india will yield strong growth horizons and opportunities in the coming years, supported by financial inclusion imperatives and rapid pace of economic and digital gro
Tag: Company India    Source: business-standard.com   Dated: 2024-05-02

Blue Star Q4FY24 results: Net profit declines 29% to Rs 159.71 crore

Air conditioner and commercial refrigeration system maker blue star ltd on thursday reported a 29 per cent decline in its consolidated net profit to rs 159.71 crore for the fourth quarter of 2023-24. the company had reported a net profit of rs 225.29 crore
Tag: Company India    Source: business-standard.com   Dated: 2024-05-02

Go First planes need parts; lessors to take longer to fly them out of India

Lessors are likely to take a longer time to fly the go first's deregistered 54 planes out of the country as the majority of the planes require engine and spare parts, according to industry experts. out of the 54 planes, around 24 that were in a flying cond
Tag: Company India    Source: business-standard.com   Dated: 2024-05-02

Air India deploys A350 on international route with Delhi-Dubai flight

Air india has commenced services with its a350 aircraft on the international route by operating the first delhi-dubai flight on wednesday and plans to fly the wide-body plane on more overseas routes in the coming months. the tata group-owned carrier is now
Tag: Company India    Source: business-standard.com   Dated: 2024-05-02

Vodafone Idea in talks to avail loans worth .8 billion, says report

The company has reached out to state-run lenders state bank of india (sbi), bank of baroda, punjab national bank and some privately-held banks, the report said
Tag: Company India    Source: business-standard.com   Dated: 2024-05-02

In a first, NPCI International Payments partners with Bank of Namibia

The development follows npci's push to take upi rails international after breaking into other markets such as france, sri lanka, singapore, and mauritius
Tag: Finance India    Source: business-standard.com   Dated: 2024-05-02

Only 3% women have access to external funding in small cities, finds study

Only 3% women entrepreneurs in tier 2 and 3 cities in india out of the 300 surveyed had access to external funding to start or expand their businesses, finds out a white paper on women entrepreneurs transforming middle india by reserve bank innovation hub
Tag: Finance India    Source: business-standard.com   Dated: 2024-05-02

Morgan Stanley PE, India Life Sciences Fund inject Rs 1,000 cr into Maiva

Maiva pharma on thursday said it has raised rs 1,000 crore from morgan stanley private equity asia and india life sciences fund. the transaction includes both primary and secondary funding, the bengaluru-based pure play injectables contract development and
Tag: Finance India    Source: business-standard.com   Dated: 2024-05-02

One table to know personal loan rates and terms of various companies

If you need a personal loan anytime soon, consider the table by paisabazaar.com for your needs
Tag: Finance India    Source: business-standard.com   Dated: 2024-05-02

CFA bats for enhanced climate accountability measures in RBI's draft norms

Says clarity and specificity are needed to ensure effective implementation and compliance with disclosure requirements
Tag: Finance India    Source: business-standard.com   Dated: 2024-05-02

Charged unfair amount by cab driver? Here is Uber's advice on what to do

Some drivers used fake images of fares to extract more money from passengers, says company
Tag: Finance India    Source: business-standard.com   Dated: 2024-05-02

Income tax calendar for May 2024: Check out full list of deadlines

Taxpayers should use the calendar for financial and tax planning
Tag: Finance India    Source: business-standard.com   Dated: 2024-05-02

Fund review: Franklin India Smaller Companies Fund

Fund review: franklin india smaller companies fund
Tag: Finance India    Source: business-standard.com   Dated: 2024-05-02

Why is gold up 20% in the last one year, and what should investors do?

Gold is suitable as a store of value. it performs well when the market is uncertain or fearful
Tag: Finance India    Source: business-standard.com   Dated: 2024-05-02

Pension department launches integrated portal for govt retirees: Know more

Digital empowerment of pensioners is being implemented through various means such as digital life certificates and bhavishya portal
Tag: Finance India    Source: business-standard.com   Dated: 2024-05-02

RBI's forex intervention eases as conditions turn favourable for rupee

India's current account will wing to a surplus in the march quarter, economists said
Tag: Finance India    Source: business-standard.com   Dated: 2024-05-02

India's government bond outflows in April not normal, say analysts

Barclays' kotecha eyes - billion, with upside risks as an attractive carry, stable currency, and a positive macro backdrop and fiscal picture make indian bonds attractive
Tag: Finance India    Source: business-standard.com   Dated: 2024-05-02

Why Covishield vaccine case doesn't qualify for medical negligence in India

Given the oversight of different regulatory bodies and that covishield is produced locally by serum institute of india, indian users may not be able to join the british lawsuit
Tag: Finance India    Source: business-standard.com   Dated: 2024-05-02

Want to stay in a Paris museum or balloon house? Airbnb plans to list them

Airbnb, an accommodation platform, is now offering its customers a chance to stay in unique places that are much more than just holiday rentals
Tag: Finance India    Source: business-standard.com   Dated: 2024-05-02

Why Bookmyshow is not liable to pay service tax on credit card transactions

In a landmark ruling, the mumbai bench of customs, excise, and service tax appellate tribunal (cestat) has delivered a verdict in favor of bookmyshow, an online entertainment ticketing platform
Tag: Finance India    Source: business-standard.com   Dated: 2024-05-02

Infibeam's CCAvenue partners with Shivalik SFB to improve merchant access

Small finance bank's account holders will be able to make payments on websites 'powered' by ccavenue, according to agreement
Tag: Finance India    Source: business-standard.com   Dated: 2024-05-02

Rs 10,000 cr transactions, bogus firms: How police busted multi-cr GST scam

The dhingra family duped the government of around rs 68 crore by fraudulently claiming input tax credit on behalf of nine bogus firms
Tag: Finance India    Source: business-standard.com   Dated: 2024-05-02

Economists push out RBI's interest rate cut forecasts to end of year

The rbi may start cutting its benchmark repurchase rate, currently at 6.5 per cent, by a total of 50 basis points in the october-december period before pausing for a few months
Tag: Finance India    Source: business-standard.com   Dated: 2024-05-02

Rupee flat at 83.43 against dollar in trade as Fed keeps rate unchanged

The rupee traded on a flat note at 83.43 against the us dollar in early trade on thursday amid a strong greenback after the american central bank decided to keep interest rate unchanged. forex traders said that an upward movement in the crude oil prices al
Tag: Finance India    Source: business-standard.com   Dated: 2024-05-02

Mutual Fund KYC: How to verify status online, fix PAN-MF folio mismatch

Investors with an 'on hold' kyc status will not be able to carry out any transactions in mutual funds
Tag: Finance India    Source: business-standard.com   Dated: 2024-05-02

Tripura government imposes restrictions on sale of petrol and diesel

A massive landslide in assam's jatinga region has disrupted the goods train movement to tripura
Tag: Finance India    Source: business-standard.com   Dated: 2024-05-02

HUF, LLP, infra bonds and more: Legal hacks used by the rich to save taxes

Limited liability partnerships (llps) have emerged as a favorite among hnis. unlike companies, where profits are taxed twice, llps offer a single layer of taxation.
Tag: Finance India    Source: business-standard.com   Dated: 2024-05-02

Are you considering permanent residency in Canada? Be prepared to pay more

The revised fees will impact various groups including the permit holder, family, humanitarian, and economic classes
Tag: Finance India    Source: business-standard.com   Dated: 2024-05-02

Adani Enterprises Q4 Results: Net profit plunges 39% YoY to Rs 449 crore on exceptional loss

​adani enterprises’ consolidated net profit slipped two-fifth on year to rs 449 crore in the march quarter, bogged down by a one-time loss in its airport operations, and due to higher costs.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-05-02

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

Nifty on thursday ended 43 points higher to form a small positive candle with a minor upper shadow, indicating range-bound action in the market near crucial resistance around 22,800 levels.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-05-02

Shell Q1 Results: Company smashes forecasts with .7 billion quarterly profit

Shell reported first-quarter profit of .7 billion on thursday, exceeding expectations as disruption to red sea shipping and russian refining boosted oil trading and liquefied natural gas production rose.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-05-02

Market Trading Guide: Bajaj Auto, Asian Paints among 4 stock recommendations for Friday

The 30-share bse sensex climbed 128 points or 0.17% to settle at 74,611 in a restricted trade.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-05-02

Adani Ports Q4 net profit jumps 77% to Rs 2014.77 crore

Consolidated total income increased to rs 7,199.94 crore for the fourth quarter of fy24 against rs 6,178.35 crore in the year-ago period.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-05-02

Adani Enterprises got 2 Sebi show cause notices over Hindenburg report in Q4FY24

The alleged non-compliance pertains to related party transactions with respect to certain transactions with third parties, and validity of peer review certificates of statutory auditors in previous years, the filing said.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-05-02

Ajanta Pharma announces Rs 285 crore share buyback at 24% premium

Ajanta pharma on thursday announced a rs 285 crore buyback of up to 10.28 lakh shares through a tender offer at a price of rs 2,770 — a premium of 24% --- against thursday’s closing price of rs 2,233.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-05-02

US stocks open higher after Fed allays rate-hike worries

The dow jones industrial average rose 172.4 points, or 0.45%, at the open to 38,075.65.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-05-02

Coal India declares final dividend of Rs 5 per share

During the financial year ended march 31, 2024, the company announced interim dividends on two occasions - the first interim dividend of rs 15.25 per equity share was declared on november 10, 2023, while the second interim dividend of rs 5.25 was announced
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-05-02

Coal India Q4 Results: Net profit surges 26% YoY to Rs 8,682 crore, beats estimates

Coal india q4 results: revenue from operations during the january-march 2024 period declined 2% year-on-year to rs 37,410 crore. the same stood at rs 38,152 crore in the corresponding period of last year. operationally, the production of raw coal increased
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-05-02

Ramkrishna Forgings Q4 Results: Net profit surges 31% YoY to Rs 87 crore

Ramkrishna forgings ltd (rkfl) on thursday reported a 31 per cent rise in standalone net profit to rs 87.30 crore for the january-march quarter of 2023-24. its net profit was at rs 66.82 crore in the january-march period of 2022-23, the company said in an
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-05-02

Tata Projects Q4 Results: Firm posts PAT of Rs 120.5 crore

Epc firm tata projects on thursday reported a profit after tax of rs 120.57 crore for the quarter ended march 31 on the back of higher revenues. the company had posted a loss of rs 366.42 crore in the year-ago period, tata projects said in a statement.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-05-02

Gold climbs Rs 500; silver jumps Rs 400

Gold prices climbed rs 500 to rs 72,350 per 10 grams in the national capital on thursday amid a rally in precious metal rates in the global market, according to hdfc securities. in the previous session, it had closed at rs 71,850 per 10 grams.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-05-02

Ventura initiates coverage on VIP Industries, sees upside scope of 35%

“over fy23-27, we are expecting the company’s revenue/ ebitda/ net earnings to grow at a cagr of 14.6%/16.4%/18.5% to rs 3,593 crore/rs 581 crore/rs 300 crore, respectively, while ebitda and net margins are expected to improve by 96 bps to 16.2% and 10
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-05-02

Technical Breakout Stocks: REC, CESC and Power Grid hit fresh highs; here’s how to trade power stocks on Friday

Rally was seen in power and utilities indices, which were up over 1% each, followed by gains in auto and metal stocks. some profit taking was seen in banks, telecom and consumer durables.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-05-02

Tech View: Nifty bulls using every dip to go long. What traders should do on Friday

The short-term trend of nifty is choppy with range-bound action. any upside from here could encounter strong resistance around 22,800 levels. immediate support is at 22,550 levels and a slide below the support could trigger some more weakness ahead, nagara
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-05-02

Coforge to acquire 54% stake in Cigniti Technologies at Rs 1,415 per share

The acquisition process is expected to get completed by q2fy25.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-05-02

Stock market update: FMCG stocks down as market rises

The 30-share bse sensex closed up 128.33 points at 74611.11
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-05-02

ICICI Bank, Axis Bank among 5 stocks with top long unwinding

In thursday's trading session, five stocks witnessed a top long unwinding.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-05-02

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