Top India NEWS. Stock Market NEWS Updated Daily
Top India 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.
Top India NEWS. Stock Market NEWS Updated Daily
Hindustan Zinc's big payout to change cash surplus position to net debt, analysts say
Analysts estimate that with the outgo, the company will now have a net debt on its books from a net cash surplus earlier. "following the fourth dividend, we estimate hzl will turn net debt from net cash," analysts at citi research noted. "we maintain our s
Tag: Industry India Source: indiatimes.com Dated: 2023-03-23
Walmart in talks with Indian manufacturers to source mobile accessories, IT hardware
Walmart, which owns majority stakes in flipkart and phonepe, is looking to source a wide range of products such as cables, chargers, screen protectors, home appliances, hearables, wearables, tablets, laptops, and lighting. employees of walmart have met mul
Tag: Industry India Source: indiatimes.com Dated: 2023-03-23
Modi’s green dream at risk as Indian renewables hit by headwinds
Energy transition investments in india already lag behind other major nations, and now the cost of capital is increasing as global interest rates rise, while the inflation reduction act is creating more opportunities for clean-power investors in the us and
Tag: Industry India Source: indiatimes.com Dated: 2023-03-23
Want 100% flexibility in shifting between debt & equity? Sandeep Tandon has an answer
Quant mutual fund has launched a dynamic asset allocation fund that provides 100% flexibility in shifting between debt and equity. the company aims to target a new investor audience, such as people who invest in fds but are reluctant to take risks. they be
Tag: Mutual Fund India Source: indiatimes.com Dated: 2023-03-23
Can I sell my mutual fund investments, invest the money in ELSS?
If you have any mutual fund queries, message us on et mutual funds on facebook. we will get it answered by our panel of experts.
Tag: Mutual Fund India Source: indiatimes.com Dated: 2023-03-23
18 ELSS mutual funds beat their benchmarks in 10 years; offer 12-17% returns
Elss mutual fund category offered around 13.35% returns in the 10-year horizon. etmutualfunds considered daily rolling returns in 10 years to to see whether these schemes managed to beat their benchmarks.
Tag: Mutual Fund India Source: indiatimes.com Dated: 2023-03-23
Axis Mutual Fund aims to raise Rs 50 crore from new ETF fund of funds
By investing in a fund of funds, which offers asset diversification, investors may also benefit from lower risks as it follows a passive investment strategy.
Tag: Mutual Fund India Source: indiatimes.com Dated: 2023-03-23
Competition Commission clears LIC Mutual Fund-IDBI Mutual Fund deal
Deals beyond a certain value require approval from the regulator, as it keeps a tab on unfair business practices in the market place.
Tag: Mutual Fund India Source: indiatimes.com Dated: 2023-03-23
Hold GAIL; target of Rs 115: Emkay Global Financial
Emkay global financial recommended hold rating on gail with a target price of rs 115 in its research report dated march 23, 2023.
Tag: Broker Recommendation India Source: moneycontrol.com Dated: 2023-03-23
Buy eClerx Services; target of Rs 1675: Emkay Global Financial
Emkay global financial is bullish on eclerx services has recommended buy rating on the stock with a target price of rs 1675 in its research report dated march 22, 2023.
Tag: Broker Recommendation India Source: moneycontrol.com Dated: 2023-03-23
Buy Craftsman Automation; target of Rs 3925: Motilal Oswal
Motilal oswal is bullish on craftsman automation recommended buy rating on the stock with a target price of rs 3925 in its research report dated march 23, 2023.
Tag: Broker Recommendation India Source: moneycontrol.com Dated: 2023-03-23
Buy GAIL; target of Rs 147: Motilal Oswal
Motilal oswal is bullish on gail recommended buy rating on the stock with a target price of rs 147 in its research report dated march 22, 2023.
Tag: Broker Recommendation India Source: moneycontrol.com Dated: 2023-03-23
Buy State Bank of India; target of Rs 710: Sharekhan
Sharekhan is bullish on state bank of india has recommended buy rating on the stock with a target price of rs 710 in its research report dated march 22, 2023.
Tag: Broker Recommendation India Source: moneycontrol.com Dated: 2023-03-23
Gainers Losers: 10 stocks that moved the most on March 23
The market snaps a two-day winning streak as 1,424 shares advance, 19,89 decline and 125 shares remain unchanged
Tag: Buzzing Stocks India Source: moneycontrol.com Dated: 2023-03-23
6 reasons why Yes Securities initiates buy rating on Happiest Minds Technologies
Yes securities has initiated buy rating on happiest minds technologies ltd and given target price of rs 1,018 a share, up 27% from its current market price. the brokerage firm gives six reasons to buy the stocks.
Tag: Buzzing Stocks India Source: moneycontrol.com Dated: 2023-03-23
Jefferies sees 10% downside for Asian Paints. Here#39;s why
The company will see better margin trends in q4 as high-cost inventory gets exhausted. jefferies estimates gross margins to inch up to >40 percent in the next quarter
Tag: Buzzing Stocks India Source: moneycontrol.com Dated: 2023-03-23
Patel Engineering stock rises on bagging Rs 3,637-crore order with JV partner
On march 22, the company, in a joint venture, also bagged a rs 511-crore order for tumkur branch canal micro irrigation project in karnataka
Tag: Buzzing Stocks India Source: moneycontrol.com Dated: 2023-03-23
KEC International stock price rises after bagging orders worth Rs 1560 crore
According to the regulatory filing, the new orders are for transmission distribution (td) projects in india, from pgcil under the tariff-based competitive bidding (tbcb) route.
Tag: Buzzing Stocks India Source: moneycontrol.com Dated: 2023-03-23
Chalet Hotels acquires The Dukes Retreat but leaves investors unimpressed
Chalet hotels operates high end hotels and its stock has tripled from the all-time low of rs 100 hit in may 2020
Tag: Buzzing Stocks India Source: moneycontrol.com Dated: 2023-03-23
GAIL slumps as analysts say price hike largely factored in
Emkay global financial services said gail is favourably placed, though the recent stock outperformance prices in most positives, as it downgraded its rating on the stock to #39;hold#39; from #39;buy#39;.
Tag: Buzzing Stocks India Source: moneycontrol.com Dated: 2023-03-23
Vascon Engineers stock gains on bagging order worth Rs 158 crore
Vascon engineers limited has received letter of acceptance amounting to rs 158.09 crore for design, engineering, procurement and construction of jila karagar at amethi in uttar pradesh
Tag: Buzzing Stocks India Source: moneycontrol.com Dated: 2023-03-23
Vedanta shares tank 6% on reports of possible stake sale by Anil Agarwal
The anil agarwal-led commodities company has denied reports that the company was looking to sell less than a 5 percent stake to reduce the significant debt load. any talk of stake sale in vedanta is untrue and baseless, the company has said
Tag: Buzzing Stocks India Source: moneycontrol.com Dated: 2023-03-23
Anupam Rasayan stock gains on bagging Rs 984-crore order
The firm has signed a 0-million (rs 984-crore) letter of intent with a leading japanese chemical company for supplying new-age advance intermediate for life science active ingredient
Tag: Buzzing Stocks India Source: moneycontrol.com Dated: 2023-03-23
Nazara Tech up 3% on Pro Football Network acquisition
The gaming and sports media platform announced that its subsidiary absolute sports (sportskeeda) signed an agreement to acquire a 73.27 percent stake in pro football network llc (pfn), a source of coverage and analysis of the us national football league (n
Tag: Buzzing Stocks India Source: moneycontrol.com Dated: 2023-03-23
CNG price may go up by Rs 1/kg on hike in GAIL pipeline tariffs, says MGL MD
The petroleum and natural gas regulatory board (pngrb) on march 22 said the integrated tariff for natural gas pipelines of gail (india) is set to increase to rs 58.61 per mmbtu. the tariff, which is 45 percent higher, will be effective april 1, 2023.
Tag: Buzzing Stocks India Source: moneycontrol.com Dated: 2023-03-23
TVS Motors turned "electrification risk into an opportunity", 47% upside expected: Jefferies
Its electric two-wheeler market share is close to its presence in ice scooters, noted the analysts
Tag: Buzzing Stocks India Source: moneycontrol.com Dated: 2023-03-23
Kotak maintains positive outlook on banks despite growing uncertainties
Kotak institutional equities maintains a positive outlook on the banking sector despite growing uncertainties and recognises the potential risks associated with a global economic slowdown
Tag: Buzzing Stocks India Source: moneycontrol.com Dated: 2023-03-23
LT gains on pact with France-based McPhy Energy for opportunities in green hydrogen space
The pact with mcphy energy is for a long-term partnership to explore the opportunities unfolding in the emerging green hydrogen market, lt said.
Tag: Buzzing Stocks India Source: moneycontrol.com Dated: 2023-03-23
Markets eke out gains ahead of US Fed rate decision; banking stocks rise
The latest crisis in the banking industry has sparked hopes that the fed will apply brakes on interest rate hikes even as inflation remains stubbornly high
Tag: Business Markets India Source: business-standard.com Dated: 2023-03-23
Working to provide touchless, seamless journey for customers at Noida airport: NIAL CEO
Noida international airport ltd (nial) ceo christoph schnellmann said it is working on defining the journey for customers that is as transparent as possible.
Tag: Industry India Source: indiatimes.com Dated: 2023-03-23
HDFC gets an all-cash offer from Omkara ARC for bad loan portfolio
According to sources, three to four large asset reconstruction companies examined the portfolio, but hdfc ultimately received a bid from omkara arc for the entire pool. hdfc is currently evaluating the bid, and a decision is expected in the coming weeks. t
Tag: Industry India Source: indiatimes.com Dated: 2023-03-23
Phoenix ARC said to have made binding offer for Bandhan loans
An offer of ₹739 crore by phoenix arc, made early this week to acquire bandhan's two pools of bad loans, has triggered a swiss challenge auction to be held on march 27, the people said. the offer, a combination of cash and security receipts, will equate
Tag: Industry India Source: indiatimes.com Dated: 2023-03-23
Banks again fail to share subsidy with payments service cos
A letter addressed by the npci steering committee to all member banks on january 16 had decided that lenders will have to share 0.15% incentive to issuers and 0.025% incentive to be given to payment systems operators. a similar letter was also sent in dece
Tag: Industry India Source: indiatimes.com Dated: 2023-03-23
Tatas bet big on own mineral water brands
"acquiring bisleri would have fast-forwarded our plans by three years, but this plan was just a small puzzle in our big f&b (food and beverages) puzzle box," d'souza told et. "we will now back our own brands tata copper+, tata gluco+ and himalayan mineral
Tag: Industry India Source: indiatimes.com Dated: 2023-03-23
ADB sanctions Rs 754 crore loan to waste-to-energy maker SAEL Industries
Sael intends to construct 3.5 gigawatts of green energy capacity as part of a five-year plan. it will add 100 megawatts of new biomass and 600 megawatts of new solar capacity annually over the next four years. it already has over 600 megawatts of existing
Tag: Industry India Source: indiatimes.com Dated: 2023-03-23
Banks reach out to RBI, seek easing of MSME bad loan rules
Banks want that a restructured msme account under the covid package be considered npa from the latest date and not from the date prior to restructuring. this will give some relief to banks as it would lessen their provisioning burden. this comes after, in
Tag: Industry India Source: indiatimes.com Dated: 2023-03-23
DU figures most among Indian varsities in QS Rankings 2023
India is the second-most represented country in asia for the number of ranked universities (66), after china (mainland) (99). the most represented indian universities in this edition of the rankings are the university of delhi (27 entries), iit bombay (25
Tag: Industry India Source: indiatimes.com Dated: 2023-03-23
Cough syrup case: Marion Biotech licence cancelled
The decision to cancel the licence was taken after the regional drugs testing laboratory (rdtl), chandigarh, which tested the samples of the cough syrup, found 22 out of 36 were "not of standard quality" or adulterated and spurious.
Tag: Industry India Source: indiatimes.com Dated: 2023-03-23
Accept investments from KYC compliant e-wallets: Sebi to mutual funds
The use of e-wallets for mf investments was allowed in 2017 to promote digitisation
Tag: Business Markets India Source: business-standard.com Dated: 2023-03-23
Morgan Stanley France pays Rs 25,00,000, settles Nifty options case
Morgan stanley had filed a settlement application with the markets regulator in february 2022
Tag: Business Markets India Source: business-standard.com Dated: 2023-03-23
Markets dip as Federal Reserve raises rates despite banking crisis
Bets that us central bank has finished raising rates cushion markets
Tag: Business Markets India Source: business-standard.com Dated: 2023-03-23
Udayshivakumar Infra IPO subscribed 30.63 times on last day of offer
The initial share sale of udayshivakumar infra received 30.63 times subscription on the last day of the offer on thursday, helped by huge interest from institutional investors. the company's initial public offering (ipo) received bids for over 61.26 crore
Tag: Business Markets India Source: business-standard.com Dated: 2023-03-23
IDFC First Bank to issue 377.5 million share to IDFC Financial Holding
This comes after idfc ltd decided to infuse rs 2,200 crore into the bank as growth capital
Tag: Business Markets India Source: business-standard.com Dated: 2023-03-23
Vedanta board to meet next week to consider fifth interim dividend for FY23
Anil agarwal-led vedanta ltd on thursday said its board will next week consider and approve the fifth interim dividend for fy'23. the announcement comes days after vedanta resources which is a majority shareholder of vedanta ltd stating that it has enough
Tag: Company India Source: business-standard.com Dated: 2023-03-23
FSIB recommends Siddhartha Mohanty for LIC chairperson's position
Mohanty is already serving as the interim chairperson of lic
Tag: Company India Source: business-standard.com Dated: 2023-03-23
CCI approves ADIA's stake buy in Lenskart under green channel route
Fair-trade regulator competition commission of india (cci) on thursday said it has given approval under the green channel route to abu dhabi investment authority for acquiring a stake in lenskart solutions pvt ltd (lspl). under the green channel route, whe
Tag: Company India Source: business-standard.com Dated: 2023-03-23
Adani Power sells Support Properties stake to AdaniConnex for Rs 1,556 cr
Adani power on thursday said it has sold a 100 per cent stake in support properties private ltd (sppl) to adaniconnex private ltd (acx) at an enterprise value of rs 1,556.5 crore. "parties to the proposed transaction (for which a binding memorandum of unde
Tag: Company India Source: business-standard.com Dated: 2023-03-23
Go First penalised for violation, receives two-hour operation ban
Order will be in effect between 12-2 p.m on april 1
Tag: Company India Source: business-standard.com Dated: 2023-03-23
Mercedes-Benz plans to launch 4 EVs in next 8-12 months in India
German luxury carmaker mercedes-benz plans to launch four new electric vehicles in india in the next 8-12 months to accelerate its electric mobility drive, mercedes-benz ag head of region overseas matthias luehrs said on thursday. the company expects 25 pe
Tag: Company India Source: business-standard.com Dated: 2023-03-23
Mercedes-Benz plans to launch 4 electric vehicles in India in 8-12 months
Mercedes-benz is the market leader in the luxury car market of india with about 44 per cent share
Tag: Company India Source: business-standard.com Dated: 2023-03-23
Udaan plans to expand FMCG reach 6-fold to 10,000 small towns, villages
Riding on the opportunity in the cold beverages segment in rural areas, b2b e-commerce unicorn udaan is planning to expand fmcg vertical reach six-fold to around 10,000 small towns and villages in a year, a senior company official said. the lightspeed vent
Tag: Company India Source: business-standard.com Dated: 2023-03-23
FRL insolvency: Creditors invite fresh bids, divide assets into 5 clusters
The creditors of future retail ltd have now invited new expressions of interest where the prospective buyers can bid for the debt-ridden firm "as a going concern or individual cluster or a combination of clusters" of its assets as it failed to attract a re
Tag: Company India Source: business-standard.com Dated: 2023-03-23
India's ONDC forays into the mobility segment; takes on Uber and Ola
Incorporated in december 2021, ondc said its aims to create a facilitative model that revolutionises digital commerce, giving greater thrust to penetration of retail e-commerce in india
Tag: Company India Source: business-standard.com Dated: 2023-03-23
Indian origin Anand Selva appointed chief operating officer of Citigroup
Heading consumer banking in india in 2011-2014
Tag: Company India Source: business-standard.com Dated: 2023-03-23
Reliance Jio launches 3GB per day cricket plans ahead of IPL 2023
Priced at rs. 219, rs. 399, and rs. 999, the three special cricket plans will have validities of 14 days, 28 days and 84 days respectively
Tag: Company India Source: business-standard.com Dated: 2023-03-23
Fitch Ratings affirms Adani Ports rating at 'BBB-'; outlook stable
Hindenburg report allegations have limited near term impact
Tag: Company India Source: business-standard.com Dated: 2023-03-23
Fintech firm Roofstock lays off 27% of staff in second round of job cuts
Us-based financial technology company roofstock has laid off about 27 per cent of its workforce in its second round of job cuts
Tag: Company India Source: business-standard.com Dated: 2023-03-23
Amazon's accelerator programme to support 50 Indian D2C startups
Amazon global selling propel startup accelerator (propel s3) is a key part of the e-commerce giant's commitment to enabling billion in e-commerce exports from india by 2025
Tag: Company India Source: business-standard.com Dated: 2023-03-23
Jio's new 5G plans may impact Bharti Airtel's key metrics: JP Morgan
The launch of cheaper postpaid plans with unlimited 5g by reliance's jio has put rival bharti airtel on the back foot in the indian market and may delay recovery in its key profit metric
Tag: Company India Source: business-standard.com Dated: 2023-03-23
Fight over control of Hikal: Hiremath, family move HC against Baba Kalyani
Hikal said it did not expect any financial implications arising due to compensation, penalty, etc, due to the suit
Tag: Company India Source: business-standard.com Dated: 2023-03-23
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