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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

Consumer spending on mobile services soared in October-December, driven by World Cup

Consumer spending (after gst) on mobile services rose 2.5% sequentially to around rs 54,750 crore during the period —the third quarter of fy24 — as per the latest sector performance data released by trai. in the fiscal second quarter, this growth was 1
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-27

Spirits market in India is surging at a record pace: Main factors and trends

After the low during the pandemic when the spirits market shrank to 311 million cases in fy21, it recovered swiftly to add about 100 million cases in annual sales in just three years, reaching 412 million cases in fy24, industry executives said, citing lat
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-27

Public sector banks may get legal teeth on issuing lookout circulars

This follows a decision by the bombay high court earlier this week that said public sector banks (psbs) don’t have the power to recommend, or ask, the central government for the issuance of locs against defaulting borrowers.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-27

Oil PSUs' output from overseas fields up a tad

The share of india's state companies in oil and gas production from overseas fields increased to 19.9 million metric tonnes of oil equivalent (mmtoe) in 2023-24 from 19.5 mmtoe in the previous year. production at russia's skahalin-1 project normalised duri
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-27

ATC Telecom Infra sells 2.8% stake in Voda Idea for ₹1,840 crore

Atc telecom infrastructure sold a 2.8% stake to vodafone idea, worth ₹1,840 crore, in an open market transaction. citigroup global bought shares worth ₹611 crore, with other buyers remaining unknown. last month, atc converted debentures allotted by vod
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-27

Commercial paper issuances touch a 4-year high of Rs 1.2 lakh crore

Cp issuances are still not as high as 2018 levels when they touched ₹3.1 lakh crore in july-september, as nbfcs look for other funding avenues like securitisation, where volumes peaked in fy24 at ₹1.9 lakh crore. cps are short-term, unsecured debt inst
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-27

Lending service providers may have to provide digital view of all offers: RBI

The reserve bank of india (rbi) is considering new rules for digital lending, aiming to enhance transparency. the proposed guidelines would require lending service providers (lsps) to digitally share all available loan offers from willing lenders with borr
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-27

Real estate sector needs more hands to plan, build & sell in boom time

The real estate sector in india has undergone significant transformation in recent years, from the increasing volume of sales to the implementation of regulatory reforms including rera. these changes have brought about a heightened demand for professional
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-27

Chinese automakers redefine the car as a living space

The seemingly never-ending efforts of china's electric-car makers to redefine the automobile went on display thursday at the opening of the nation's largest annual auto show. they are forcing established makers such as nissan to change the way they develop
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-27

Fulton Financial acquires Republic First Bank in latest regional-bank rescue

Tag: Breaking Business News USA    Source: marketwatch.com   Dated: 2024-04-27

Indiabulls Real Estate reports consolidated net loss of Rs 302.02 crore in the March 2024 quarter

Sales decline 80.56% to rs 21.02 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-26

Shree Digvijay Cement Co. consolidated net profit rises 29.88% in the March 2024 quarter

Sales rise 14.94% to rs 224.36 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-26

Spright Agro reports standalone net profit of Rs 5.78 crore in the March 2024 quarter

Sales rise 1907.34% to rs 43.76 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-26

Exide Industries invests Rs 5.34 cr in Clean Max Arcadia (SPV)

The company has invested a sum of rs. 5,34,33,929/- in the spv company towards acquisition of 26% equity shareholding and the allotment of equity shares against the said investment was done on 25 april 2024.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-26

VST Industries standalone net profit rises 28.38% in the March 2024 quarter

Sales rise 24.35% to rs 374.13 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-26

Indices snap 5-day streak, Nifty settles at 22,419.95; Bajaj twins slump post Q4

Domestic stock market took a breather today, ending a five-day winning run. investors cashed in profits after us economic data showed a slowdown in growth coupled with stubborn inflation. the nifty fell below 22,450, despite early gains. while consumer dur
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-26

JNK India IPO ends with decent subscription

The offer received bids for 31.17 crore shares as against 1.10 crore shares on offer.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-26

Vedanta gains 4% following analysts' upgrade; Motilal Oswal announces bonus

Volume growth and cost efficiencies in the aluminium business saw vedanta post operating profit (ebitda) of nearly rs 9,000 crore for the march 2024 quarter thanks to margin improvement
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-26

Maruti Suzuki Q4 PAT climbs 48% YoY; declares dividend of Rs 125/ share

The auto maker's standalone net profit jumped 47.80% to rs 3,877.8 crore in q4 fy24 from rs 2,623.6 crore recorded in q4 fy23.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-26

Mudunuru wins contract from BSNL Chennai Telephones

The solution is anticipated to experience growth over the contract term, aligning with the anticipated increase in sms volumes for the bank. the value of the contract is rs 1 crore.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-26

Motilal Oswal Finance Services jumps after Q4 PAT climbs 66% YoY; board OKs 3:1 bonus issue

Motilal oswal financial services rallied 5.57% to rs 2,600.65 after the company's consolidated operating profit after tax stood at rs 495 crore in q4 fy24, up 66% yoy.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-26

Shakti Pumps (India) consolidated net profit rises 3884.89% in the March 2024 quarter

Sales rise 233.56% to rs 609.28 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-26

Utkarsh Small Finance Bank standalone net profit rises 19.33% in the March 2024 quarter

Total operating income rise 29.59% to rs 895.62 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-26

Mahindra Holidays & Resorts India consolidated net profit rises 45.98% in the March 2024 quarter

Sales rise 12.45% to rs 800.19 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-26

Maruti Suzuki India consolidated net profit rises 47.98% in the March 2024 quarter

Sales rise 19.04% to rs 36694.20 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-26

SBI Life Insurance Company standalone net profit rises 4.37% in the March 2024 quarter

Sales rise 26.23% to rs 25116.47 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-26

Welspun Specialty Solutions standalone net profit rises 396.65% in the March 2024 quarter

Sales rise 9.78% to rs 151.27 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-26

Dolat Algotech hits 52-week high on multi-fold jump in Q4 PAT

Dolat algotech rallied 9.03% to rs 111.15 after the company's consolidated net profit stood at rs 68.05 crore in q4 fy24, steeply higher than rs 5.93 crore recorded in q4 fy23.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-26

Hong Kong Market marks fifth days win

Foreign investors poured money into the chinese a-share market on friday with the daily purchase amount via the stock connect programme hitting a record high. traders added 22.4 billion yuan (.1 billion) of mainland stocks on a net basis using the links
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-26

Eveready Industries India reports consolidated net profit of Rs 8.05 crore in the March 2024 quarter

Sales decline 1.84% to rs 280.90 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-26

Force Motors consolidated net profit declines 4.32% in the March 2024 quarter

Sales rise 34.96% to rs 2011.21 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-26

Mahindra Holidays & Resorts India standalone net profit rises 6.69% in the March 2024 quarter

Sales rise 10.77% to rs 343.02 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-26

China Market extends gain on record funds inflow

Foreign investors poured money into the chinese a-share market on friday with the daily purchase amount via the stock connect programme hitting a record high. traders added 22.4 billion yuan (.1 billion) of mainland stocks on a net basis using the links
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-26

Euro hits two week high against US dollar

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Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-26

Quick Wrap: Nifty Media Index rises 1.18%

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Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-26

Market snaps 5-day gains; Nifty ends below 22,450; Bajaj Finance drops 7.73%

As per provisional closing data, the barometer index, the s&p bse sensex dropped 609.28 points or 0.82% to 73,730.16. the nifty 50 index declined 150.40 points or 0.67% to 22,419.95.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-26

Shriram Finance PAT rises 49% YoY in Q4 FY24

Shriram finance standalone net profit jumped 48.73% to rs 1,945.87 crore on 22.25% increase in total income to rs 9,497.85 crore in q4 fy24 over q4 fy23.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-26

ARCL Organics consolidated net profit rises 189.66% in the March 2024 quarter

Sales rise 23.97% to rs 57.57 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-26

Motilal Oswal Financial Services consolidated net profit rises 338.96% in the March 2024 quarter

Sales rise 110.65% to rs 2117.92 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-26

Cil Securities standalone net profit rises 55.74% in the March 2024 quarter

Sales rise 48.50% to rs 2.97 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-26

Shriram Finance consolidated net profit rises 56.30% in the March 2024 quarter

Sales rise 24.33% to rs 9904.30 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-26

CSB Bank standalone net profit declines 3.12% in the March 2024 quarter

Total operating income rise 24.88% to rs 794.87 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-26

Bajaj Finserv Q4 PAT climbs 20% YoY to Rs 2119 cr

Bajaj finserv said that its consolidated net profit jumped 20% to rs 2118.53 crore in q4 fy24 as compared with rs 1768.95 crore in q4 fy23.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-26

KSB consolidated net profit rises 9.05% in the March 2024 quarter

Sales rise 11.15% to rs 544.20 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-26

Atul consolidated net profit declines 37.57% in the March 2024 quarter

Sales rise 1.42% to rs 1212.15 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-26

Capria Ventures closes India opportunity fund post successful sale of Awign

Capria and other investors in awign, india's largest tech-led, on-demand work fulfilment platform, have sold their stake in the company in a buyout by japanese conglomerate mynavi corporation
Tag: Company India    Source: business-standard.com   Dated: 2024-04-26

Blinkit more valuable than Zomato's food delivery business: Goldman Sachs

Initially viewed as a daring rescue mission, zomato's acquisition of blinkit in 2022 rattled investors, causing a 20 per cent dip in zomato's share prices
Tag: Company India    Source: business-standard.com   Dated: 2024-04-26

Blinkit now more valuable than Zomato's food delivery biz: Goldman Sachs

Zomato currently has a market capitalization of around billion
Tag: Company India    Source: business-standard.com   Dated: 2024-04-26

Blinkit now more valuable than Zomato's food delivery biz: Goldman Sachs

Zomato currently has a market capitalization of around billion
Tag: Company India    Source: business-standard.com   Dated: 2024-04-26

CRED to roll out payment checkout terminals to merchants this year

The devices will be interoperable and upi users can pay through the checkout terminals using any application
Tag: Company India    Source: business-standard.com   Dated: 2024-04-26

HCLTech Q4 results: Net profit flat at Rs 3,995 crore, revenue up 7%

The board of directors has declared an interim dividend of rs 18 per equity share of rs 2 each of the company for the financial year 2024-25
Tag: Company India    Source: business-standard.com   Dated: 2024-04-26

Mphasis Q4 results: Net profit declines 3% to Rs 393 crore

It company mphasis posted a 2.98 per cent decline in consolidated net profit to rs 393.2 crore in the march quarter of fy24. the company posted a net profit of rs 405.3 crore in the same period a year ago. the consolidated revenue from operations of mphasi
Tag: Company India    Source: business-standard.com   Dated: 2024-04-26

Delhi HC allows request by Go First lessors for aircraft deregistration

"dgca shall forthwith and not later than five working days process the deregistration applications filed by the 54 aircrafts," the court said
Tag: Company India    Source: business-standard.com   Dated: 2024-04-26

APSEZ's Vizhinjam Port gets nod to run as India's first transshipment hub

In december 2015, adani ports and special economic zone limited (apsez) initiated the international transshipment project in vizhinjam, kerala
Tag: Company India    Source: business-standard.com   Dated: 2024-04-26

SBI Life Insurance Q4 results: PAT rises 4.4% to Rs 811 cr, VNB up 9%

The value of new business (vnb) - the expected profit from new policies - rose 9.5% to 55.50 billion rupees (6.1 million). the vnb margin contracted to 28.1% from 30.1% a year earlier
Tag: Company India    Source: business-standard.com   Dated: 2024-04-26

India receives oil cargo in Russian SCF tanker after brief halt: Report

The scf baltica, carrying 90,000 metric tons of fuel oil for reliance industries was expected to leave the port later on friday after full discharge, source said
Tag: Company India    Source: business-standard.com   Dated: 2024-04-26

Shaurya Aeronautics, Russian firm awarded management of Matta airport

A joint venture between an indian and a russian firm have been awarded the management of sri lanka's mattala rajapaksa international airport in hambantota, the government spokesman said on friday. the usd 209 million facility was once dubbed the "world's e
Tag: Company India    Source: business-standard.com   Dated: 2024-04-26

Maruti Suzuki Q4 results: Net profit up 47% at Rs 3,877 cr, revenue up 19%

The automaker has declared its highest-ever dividend of rs 125 per share. shares of maruti closed trading at rs 12,687.05 on friday
Tag: Company India    Source: business-standard.com   Dated: 2024-04-26

Shriram Finance Q4 results: Net profit rises 57% to Rs 2,021.28 crore

The gross non-performing asset (npa) for the quarter reduced to 5.45 per cent, compared to 5.66 per cent in q3 and 6.21 per cent during the q4 of fy23
Tag: Company India    Source: business-standard.com   Dated: 2024-04-26

Sandur Manganese & Iron Ores to acquire 80% stake in Arjas Steel

Sandur manganese & iron ores ltd (smiore) on friday said its board has approved purchase of 80 per cent stake in arjas steel pvt ltd by entering into a share purchase pact. the company did not reveal the financial details of the deal. however, the enterpri
Tag: Company India    Source: business-standard.com   Dated: 2024-04-26

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