Top India NEWS. Stock Market NEWS Updated Daily

Top India NEWS. Stock Market NEWS Updated Daily

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Top India NEWS. Stock Market NEWS Updated Daily

RBI rejects Tamilnad Mercantile Bank's proposal for CEO candidate

RBI rejects Tamilnad Mercantile Bank's proposal for CEO candidate

Bank has been asked to submit "fresh panel of candidates with suitable experience" for the position of chief executive
Tag: Company India    Source: business-standard.com   Dated: 2024-04-13

Stars may have finally aligned for Elon Musk-owned satcom company in India

Stars may have finally aligned for Elon Musk-owned satcom company in India

The indian government is expediting the application process for elon musk's starlink satellite communication company, despite unresolved issues such as its links with us security agencies. starlink may receive "conditional approval" based on undertakings r
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-13

Japan's MUFG may cut b cheque for 20% in HDB Financial Services

Japan's MUFG may cut b cheque for 20% in HDB Financial Services

Mufg in talks to buy 20% stake in hdb financial services from hdfc bank at -10b, unlocking value post b merger, with b investment, ipo preparations per rbi regulations.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-13

Consumption down, but Vanaspati weightage in WPI still high

Consumption down, but Vanaspati weightage in WPI still high

The share of vanaspati in the basket of different types of cooking oils consumed by indians has nearly halved in the past decade to 2.88%. however, it still holds the second-highest weightage of 14.35% in the wholesale price index (wpi) after palm oil, whe
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-13

As GCC thrives, Broadridge floats plan for India unit

As GCC thrives, Broadridge floats plan for India unit

Currently, a third of the company's total global workforce of 15,000 is based in capability centres in bengaluru and hyderabad. broadridge doesn't have an india business yet but only operates the two capability centres.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-13

Neuberg Diagnostics plans to raise 0 million to fund acquisitions

Neuberg Diagnostics plans to raise 0 million to fund acquisitions

Neuberg, which runs a pan-india diagnostic chain, has appointed o3 capital as the investment banker and is currently in talks with potential investors, velu said in an interview. the chennai-based company plans to use the fresh capital to expand its radiol
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-13

Vodafone Idea to launch Rs 18,000-cr FPO at Rs 10-11 price band on Thursday

Vodafone Idea to launch Rs 18,000-cr FPO at Rs 10-11 price band on Thursday

Vil's board had approved an equity fundraise of rs 20,000 crore and a total of rs 45,000 crore, through a mix of equity and debt
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-12

IIP gains by 5.7% in February, Sees Highest Growth In Three Months

IIP gains by 5.7% in February, Sees Highest Growth In Three Months

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Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-12

Consumer price inflation softens under 5% on annual basis

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Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-12

Subex partners with leading telecom operator in the APAC region

Subex's ai-based solution to transform operator's assurance capabilities
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-12

Sensex tanks 793 pts, Nifty holds 22,500; L&T drops 2%

Domestic equity market took a tumble today, mirroring the downbeat mood in other asian stock markets. inflation worries flared up again after hot us inflation data squashed hopes of an interest rate cut in june. this spooked investors and whacked up bond y
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-12

BSE SME IPO of Greenhitech Ventures subscribed 14.99 times

The offer received bids for 1.88 crore shares as against 12.60 lakh shares on offer.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-12

TCS Q4 PAT jumps 12% QoQ to Rs 12,434 cr; declares dividend of Rs 28/ share

Tata consultancy services (tcs) announced that its consolidated net profit increased 12.44% to rs 12,434 crore in q4 fy24 as compared with rs 11,058 crore in q3 fy24.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-12

INR Drops Further Amid Massive Sell-Off In Equities

The indian rupee depreciated 13 paise to close at 83.44 against the us dollar on friday, weighed down by a massive sell-off in domestic equities and a strong greenback against major crosses overseas. the benchmark s&p bse sensex fell 793.25 points, or 1,06
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-12

Bandhan Bank allots 249 equity shares under ESOP

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Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-12

Nifty April futures trade at premium

Nse india vix climbed 3.82% as shares fell.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-12

Bharti Hexacom sparkles on market debut; stock gain 43% at Rs 814

Bharti hexacom, a subsidiary of bharti airtel, provides fixed-line telephone and broadband services primarily in two circles-rajasthan and north east
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-12

Tata Consultancy Services consolidated net profit rises 9.15% in the March 2024 quarter

Sales rise 3.51% to rs 61237.00 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-12

Happiest Minds Technologies enters into strategic collaboration with ENERCON

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Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-12

Quick Wrap: Nifty Pharma Index declines 1.72%, NIFTY Tumbles 1.03%

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Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-12

Singapore Market ends in red

At closing bell, the straits times index (sti) index was down 10.70 points, or 0.33% to 3,216.91 after trading between 3,215.70 and 3,230.60. volume of 1.52 billion shares worth s3.11 million changed hands. across the broader market, decliners outpaced
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-12

Sensex tumbles 793 pts, Nifty ends below 22,550 mark, VIX climbs 3.82%

As per provisional closing data, the barometer index, the s&p bse sensex, was dropped 793.25 points or 1.06% to 74,244.90. the nifty 50 index fell 234.40 points or 1.03% to 22,519.40.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-12

Euro slumps to five and half month low after ECB held rates

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Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-12

Hong Kong Market tanks 2.2%

Official figures showed china's exports dropped 7.5% year-over-year, while its imports fell by 1.9% in march. total trade in the worlds second-largest economy also slid 5.1% year-on-year to 0.8 billion. chinas trade surplus shrunk more than expected to
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-12

China Market falls on downbeat data

Official figures showed china's exports dropped 7.5% year-over-year, while its imports fell by 1.9% in march. total trade in the worlds second-largest economy also slid 5.1% year-on-year to 0.8 billion. chinas trade surplus shrunk more than expected to
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-12

Lupin gains as Gujarat unit clears USFDA inspection

Lupin rose 1.19% to rs 1,624.65 after the company said that its api manufacturing facility located at dabhasa, gujarat has completed the united states food and drug administration (usfda) inspection with no observations.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-12

Religare Enterprises allots 2.91 lakh equity shares under ESOP

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Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-12

Australia Market falls 0.33%

At closing bell, the benchmark s&p/asx200 index declined by 25.49 points, or 0.33%, to 7,788.08. the broader all ordinaries index dropped 23.86 points, or 0.3%, to 8,050.22.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-12

Godfrey Phillips slides after board decides to exit retail business division, 24Seven

Godfrey phillips india declined 1.75% to rs 3,040 after the company's board has decided to exit from carrying out the business operations of its retail business division being operated under the name 24seven.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-12

Reliance Infrastructure Ltd leads losers in 'A' group

La opala rg ltd, kirloskar brothers ltd, vesuvius india ltd and pb fintech ltd are among the other losers in the bse's 'a' group today, 12 april 2024.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-12

HFCL rises on bagging order worth Rs 65 cr

Hfcl gained 1.64% to rs 98.11 after the company announced that it has received purchase orders for the supply of optical fiber cables amounting to rs 64.93 crore.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-12

Ortin Laboratories Ltd leads losers in 'B' group

Oricon enterprises ltd, keynote financial services ltd, psp projects ltd and sinclairs hotels ltd are among the other losers in the bse's 'b' group today, 12 april 2024.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-12

Japan Nikkei gains 0.21%

The 225-issue nikkei stock average index advanced 80.92 points, or 0.21%, to finish at 39,523.55. the broader topix index of all first section issues on the tokyo stock exchange climbed up 12.68 points, 0.46%, to 2,759.64.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-12

Indices trade with deep cuts; media shares decline

At 14:30 ist, the barometer index, the s&p bse sensex, was dropped 704.69 points or 0.94% to 74,334.27. the nifty 50 index fell 203.15 points or 0.89% to 22,550.65.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-12

Hindustan Zinc hits new high in weak market; zooms 49% thus far in April

Silver recorded the highest volume in fy24 in line with management's operational & financial strategy, at 24.0 moz up 5 per cent yoy
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-12

Volumes soar at Maharashtra Seamless Ltd counter

Maharashtra seamless ltd clocked volume of 15.65 lakh shares by 14:14 ist on nse, a 13.67 times surge over two-week average daily volume of 1.15 lakh shares
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-12

Pratham EPC hits the roof on bagging order worth Rs 497 cr

Pratham epc projects was locked in upper circuit of 20% at rs 136.25 after the civil construction firm bagged an order from sun petro chemicals worth rs 497 crore.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-12

Healthcare shares fall

Healthcare stocks were trading in the negative zone, with the s&p bse healthcare index falling 328.71 points or 0.92% at 35371.45 at 13:47 ist.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-12

Oil and Gas stocks slide

Oil and gas stocks were trading with losses, with the s&p bse oil&gas index decreasing 265.76 points or 0.93% at 28344.32 at 13:47 ist.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-12

Consumer Durables stocks edge lower

Consumer durables stocks were trading in red, with the s&p bse consumer durables index decreasing 561.33 points or 1.04% at 53213.29 at 13:47 ist.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-12

Texmaco Rail & Engineering allots 77.72 lakh convertible warrants

At price of rs 193 per warrant
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-12

Adani Group targets one-fifth share in Indian cement market by FY28

Gautam adani-led adani group, which owns ambuja cements and acc ltd, is targeting to capture around one-fifth of the indian cement market by fy28. adani cement business will implement its accelerated capex program through internal accruals and the business
Tag: Company India    Source: business-standard.com   Dated: 2024-04-12

Swiggy launches 'Swiggy Pawlice' initiative for finding missing pets

The on-demand convenience platform's swiggy pawlice feature empowers pet parents to report a missing pet directly on the swiggy app
Tag: Company India    Source: business-standard.com   Dated: 2024-04-12

Healthcare solution provider Enhanced Innovations launches 'Pholoton'

A portable cold chain solution for last-mile vaccine delivery
Tag: Company India    Source: business-standard.com   Dated: 2024-04-12

DLF plans to invest Rs 2,200 crore to build shopping mall in Gurugram

Realty major dlf has started construction of its new 26-27 lakh square feet shopping mall in gurugram at a cost of around rs 2,200 crore as part of its expansion plan amid rebound in retail consumption post-covid pandemic. at present, dlf has a retail foot
Tag: Company India    Source: business-standard.com   Dated: 2024-04-12

TCS Q4 results: Profit rises 9% to Rs 12,434 crore, revenue up 3.5%

India, uk drive it company's growth in the quarters as us business continues to be subdued
Tag: Company India    Source: business-standard.com   Dated: 2024-04-12

Indian fintech startup funding surges 59% in Q1 CY2024: Tracxn report

India ranked third globally in terms of funding raised by fintech companies, behind the us and china, the report said
Tag: Company India    Source: business-standard.com   Dated: 2024-04-12

Godfrey Phillips to sell 24Seven business, plans to exit from retail sector

Cigarette maker godfrey phillips india on friday said it has decided to exit from its loss-making retail business 24seven. the board of the company in a meeting held on friday "decided to exit from carrying out the business operations of its retail busines
Tag: Company India    Source: business-standard.com   Dated: 2024-04-12

GQG, SBI funds eye investments in Vodafone Idea .16 billion share sale

Us-based gqg, run by india-born executive rajiv jain, plans to invest about 0 million, while sbi mutual fund is considering an investment of 0 million to 0 million
Tag: Company India    Source: business-standard.com   Dated: 2024-04-12

TCS Q4 results: Profit rises 9% to Rs 12,434 crore, revenue up 3.5%

The company announced an interim dividend of rs 28 per share.
Tag: Company India    Source: business-standard.com   Dated: 2024-04-12

BharatPe co-founder Ashneer Grover ventures into fintech with ZeroPe app

Zerope, currently in its testing phase, has been developed by third unicorn
Tag: Company India    Source: business-standard.com   Dated: 2024-04-12

NCLAT stays insolvency proceedings against Deccan Charters till April 26

The national company law appellate tribunal (nclat) has stayed insolvency proceedings against captain gr gopinath's deccan charters till april 26, 2024, its next date of hearing. earlier, the bengaluru bench of the national company law tribunal (nclt) had
Tag: Company India    Source: business-standard.com   Dated: 2024-04-12

Japan's MUFG discusses buying 20% stake in HDFC Bank's IPO-bound arm

The move marks the latest in a string of acquisitions by japan's top banks in india
Tag: Company India    Source: business-standard.com   Dated: 2024-04-12

Air India operationalises five new contact centres to assist customers

Air india has operationalised five new contact centres, including in cairo and kuala lumpur, to provide assistance to its customers worldwide. the tata group-owned airline has partnered with concentrix, a california-headquartered customer engagement firm,
Tag: Company India    Source: business-standard.com   Dated: 2024-04-12

Adani Group seeks 0 mn from banks to pay for conversion of warrants

As of march, adani family had reportedly made an initial payment of rs 6,661 crore for the conversion of warrants allocated by ambuja cements
Tag: Company India    Source: business-standard.com   Dated: 2024-04-12

TCS accused of firing US workers in favour of Indians on H-1B visa

Tcs has faced accusations of favouring h-1b visa holders over american workers, with discrimination claims related to race and age being levelled against the company
Tag: Company India    Source: business-standard.com   Dated: 2024-04-12

Troubles for Indian IT firms linger as clients tighten their budgets

Accenture plc lowered its revenue outlook last month, citing a pullback in software spending by wall street firms, which are among the indian companies' biggest clients
Tag: Company India    Source: business-standard.com   Dated: 2024-04-12

Vodafone Idea to launch country's largest .16 bn follow-on public offer

The public offering will open for bids on april 18 and close on april 22
Tag: Company India    Source: business-standard.com   Dated: 2024-04-12

Bharti Hexacom set to start trading after country's biggest IPO in a year

Bharti hexacon's ipo is the country's largest since mankind pharma ltd. raised rs 4,330 crore a year ago
Tag: Company India    Source: business-standard.com   Dated: 2024-04-12

Unilever faces new risk as India's consumers turn pickier, more demanding

India's personal-care sector is estimated to become a billion market by 2027 from billion in 2022, according to redseer management consulting pvt
Tag: Company India    Source: business-standard.com   Dated: 2024-04-12

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