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

A 'hard' soft power: Can Indian single malts carve a global niche?

A 'hard' soft power: Can Indian single malts carve a global niche?

India's single malt whiskey industry is growing rapidly. indian distilleries are producing high-quality single malts, winning awards, and expanding their global reach. this growth challenges traditional scotch brands, with indian whiskey sales surpassing g
Tag: Industry India    Source: indiatimes.com   Dated: 2024-11-29

Govt proposes to raise FDI limit in insurance sector to 100%, seeks public comments

Govt proposes to raise FDI limit in insurance sector to 100%, seeks public comments

The central government has proposed raising the fdi limit in indian insurance companies to 100%, lowering the net owned funds for foreign reinsurers, and amending insurance laws to improve accessibility and streamline processes. the public is invited to co
Tag: Industry India    Source: indiatimes.com   Dated: 2024-11-29

Hyundai Motor India refutes claims of Rs 7,300 crore fine over emission breach

Hyundai Motor India refutes claims of Rs 7,300 crore fine over emission breach

Hyundai motor india denied reports of facing penalties for breaching fleet emission levels. the company clarified that the media reports were based on incorrect assumptions about the timing of regulatory amendments. hyundai stated it has not received any i
Tag: Industry India    Source: indiatimes.com   Dated: 2024-11-29

Sentiments of realtors, financial institutions remain positive for future growth: Report

Sentiments of realtors, financial institutions remain positive for future growth: Report

Real estate developers and financial institutions are optimistic about the growth potential of the realty sector for the next six months. knight frank and naredco report a current sentiment score of 64 and a future sentiment score of 67, signaling rising c
Tag: Industry India    Source: indiatimes.com   Dated: 2024-11-29

Power Mech Projects bags Rs 510 cr order from Adani Power

Power Mech Projects bags Rs 510 cr order from Adani Power

Power mech projects has secured a rs 510 crore order from adani power for mechanical construction work at the 2x800 mw raipur phase-ii ultra supercritical thermal power project in chhattisgarh. the project is expected to be completed within 34 months.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-11-29

NCC gets Rs 3,389.49 crore Ken-Betwa Link Project Authority

NCC gets Rs 3,389.49 crore Ken-Betwa Link Project Authority

Ncc ltd has received a contract valued at rs 3,389.49 crore to execute the daudhan dam under the ken-betwa link project. the contract involves planning, design, engineering, and hydro-mechanical works on an epc basis. the project is to be completed over a
Tag: Industry India    Source: indiatimes.com   Dated: 2024-11-29

Paisabazaar receives Income tax notice over vendor payment

Paisabazaar receives Income tax notice over vendor payment

The income tax department has sent notices to paisabazaar, a subsidiary of pb fintech, under the prohibition of benami property transactions act, 1988, and section 142(1) of the income tax act, 1961. this is part of a broader investigation into tax evasion
Tag: Industry India    Source: indiatimes.com   Dated: 2024-11-29

BMW Motorrad to hike prices by up to 2.5% from Jan

BMW Motorrad to hike prices by up to 2.5% from Jan

Bmw motorrad announced it will increase prices of its entire model range by up to 2.5 per cent from january 1, 2025 due to rising input costs and inflation. this decision aims to maintain profitability and high standards in quality and performance. bmw ind
Tag: Industry India    Source: indiatimes.com   Dated: 2024-11-29

Aster, Care Hospitals merger deal may be finalised today

Aster dm healthcare's board is set to meet today to potentially finalize a reverse merger with care hospitals, which is backed by private equity firm blackstone, according to sources. aster dm's shares rose 2.51%, trading at rs 500.10 on the bse as of frid
Tag: Industry India    Source: indiatimes.com   Dated: 2024-11-29

Five cities of India among the top 15 fastest-growing global urban centers by 2033

Bengaluru, delhi, mumbai, hyderabad, and pune are among the world's fastest-growing urban centers by 2033, driven by rapid urbanization, economic growth, and technological innovation. the government's infrastructure initiatives and policies promoting indus
Tag: Industry India    Source: indiatimes.com   Dated: 2024-11-29

India to expand EV manufacturing incentives after Tesla disappointment, source says

India is planning to extend electric vehicle incentives to automakers using existing factories, encouraging investment from companies like toyota and hyundai. the ev policy, which will be finalized by march, requires a 0 million investment with locally
Tag: Industry India    Source: indiatimes.com   Dated: 2024-11-29

Realty sector business sentiment signals growth, sustained optimism, survey

Real estate stakeholders, including developers, financiers, and institutional investors, expressed optimism about the sector's outlook despite a slight dip in sentiment scores. strong residential demand and stable commercial leasing, supported by favorable
Tag: Industry India    Source: indiatimes.com   Dated: 2024-11-29

Fair price of vehicles to be scrapped will be decided by market forces, no govt intervention: Nitin Gadkari

In a written reply to the lok sabha, union minister for road transport and highways, nitin gadkari, clarified that the government will not intervene in determining the fair price for scrapping vehicles. the price will be decided by market forces based on t
Tag: Industry India    Source: indiatimes.com   Dated: 2024-11-29

NBFCs growth to remain under pressure amid loan disbursement slowdown, tighter regulations: Report

The growth of non-banking financial companies (nbfcs) in india is expected to remain under pressure in the financial year 2025 due to a slowdown in loan disbursements and regulatory challenges, according to a report by nomura.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-11-29

NODWIN Gaming acquires Trinity Gaming for Rs 24 crore

Nodwin gaming acquires trinity gaming for rs 24 crore, a deal involving cash and share swap. trinity's founders will join nodwin, continuing to lead business expansion into emerging markets. the integration includes merging nodwin's unpaused talent divisio
Tag: Industry India    Source: indiatimes.com   Dated: 2024-11-29

Alcohol-related incidents decreased in past two years, Air India CEO says

Alcohol-related incidents on flights have decreased as incidents are reported more frequently and authorities take action. air india ceo campbell wilson noted enhanced crew training and confidence in handling disruptive passengers. reporting to authorities
Tag: Industry India    Source: indiatimes.com   Dated: 2024-11-29

India's mental health searches soar 41% in 2024, with non-metro cities driving healthcare queries: Report

A report revealed a significant 41% rise in mental health-related internet searches in india for the first 10 months of 2023 compared to the previous year. non-metropolitan cities show notable growth in healthcare searches, with mental and physical wellnes
Tag: Industry India    Source: indiatimes.com   Dated: 2024-11-29

Shortages hobble India push for cleaner car fuel amid Delhi smog

India is reducing its supply of cheap cng for vehicles due to production shortages, leading to higher prices for consumers. this change could hinder the adoption of cleaner transportation options like cng in cities plagued by toxic smog as consumers may re
Tag: Industry India    Source: indiatimes.com   Dated: 2024-11-29

India gold premiums steady as price fluctuations stabilise demand

Physical gold premiums in india remained steady despite a price correction, with strong demand early in the week waning as prices increased. premiums were stable at up to an ounce. demand in china and other major asian hubs was subdued, with discounts o
Tag: Industry India    Source: indiatimes.com   Dated: 2024-11-29

Air India's Black Friday Offers: Up to 20% off on base fares for 96 hours; check promo codes and more

Air india launched a black friday sale with discounts up to 20% on domestic flights and up to 12% on international flights to various destinations. the sale is available through the airline's website and mobile apps. additional savings are possible with wa
Tag: Industry India    Source: indiatimes.com   Dated: 2024-11-29

Don’t let the weight fall on your heart!

Diabetes significantly increases the risk of heart disease, including coronary artery disease, heart failure, and atrial fibrillation. this risk is amplified by obesity, often coexisting with diabetes, leading to 'diabesity.' diabesity causes structural he
Tag: Industry India    Source: indiatimes.com   Dated: 2024-11-29

Delhi’s winter peak power demand may break record, likely over 6,300 MW

As delhi’s power consumption continues to rise, the winter season is expected to see peak electricity demand surpassing 6,300 mw, a new seasonal high, according to forecasts from the state load dispatch centre. this follows the record-breaking summer pea
Tag: Industry India    Source: indiatimes.com   Dated: 2024-11-29

Reliance Jio, Airtel and Vi: What Fitch predicts about Indian telcos' 5G era

India’s telecom industry is set to see stronger cash flows as it transitions to 5g. reliance jio and bharti airtel are expected to benefit most, with rising arpu and reduced 5g-related expenditures. vodafone idea faces challenges due to its need for fres
Tag: Industry India    Source: indiatimes.com   Dated: 2024-11-29

40 tourism projects get nod to boost lesser-known destinations in India

The centre has approved forty projects worth rs 3,295 crore to develop lesser-known destinations into iconic sites across 23 states. this initiative aims to distribute tourists more evenly, promote local economies, and ensure sustainable growth in tourism.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-11-29

Railway minister Ashwini Vaishnaw dismisses reports of delay in Vande Bharat sleeper trains over design

Railway minister ashwini vaishnaw denies media claims of delays in vande bharat sleeper train manufacturing due to design issues with russian firm transmashholding (tmh). he clarifies the problem lies with the firm's limited experience in producing carriag
Tag: Industry India    Source: indiatimes.com   Dated: 2024-11-29

Shareholders block Punit Goenka's reappointment as Zee Director

Shareholders have blocked punit goenka’s reappointment as director of zee entertainment during the recent agm. despite stepping down as md, goenka will continue as ceo until 2029. meanwhile, the zee board has appointed saurav adhikari as an additional di
Tag: Industry India    Source: indiatimes.com   Dated: 2024-11-29

Kotak Mutual Fund files draft document with Sebi for target maturity fund

Kotak mutual fund filed a draft document to launch kotak crisil-ibx aaa financial services index – dec 2026 fund. this is an open-ended sectoral target maturity debt index fund investing in aaa rated financial services sector securities maturing in decem
Tag: Mutual Fund India    Source: indiatimes.com   Dated: 2024-11-29

Best medium to long duration funds to invest in November 2024

According to sebi norms, medium to long term funds have a mandate to invest in debt and money market instruments in such a way that the macaulay's duration of the portfolio is four to seven years. since these schemes invest in long-term debt instruments, t
Tag: Mutual Fund India    Source: indiatimes.com   Dated: 2024-11-29

NFO Update: Aditya Birla Sun Life Mutual Fund launches conglomerate fund

Aditya birla sun life mutual fund has launched the aditya birla sun life conglomerate fund, an open-ended diversified equity scheme focused on conglomerate-themed investments. the nfo opens on dec 5 and closes on dec 19, with continuous sale and repurchase
Tag: Mutual Fund India    Source: indiatimes.com   Dated: 2024-11-29

Invesco India Multi Asset Allocation Fund NFO is open for subscription. Key things to know


Tag: Mutual Fund India    Source: indiatimes.com   Dated: 2024-11-29

5 equity mutual fund categories offer over 25% return in 2024

Five equity mutual fund categories, including sectoral, thematic, small-cap, and mid-cap funds, have offered over 25% return in 2024.
Tag: Mutual Fund India    Source: indiatimes.com   Dated: 2024-11-29

What is the Sharpe ratio in mutual funds?

Sharpe ratio in mutual funds.
Tag: Mutual Fund India    Source: indiatimes.com   Dated: 2024-11-29

32 equity mutual funds completed 25 years in 2024. How much returns did they offer?

This year, 32 equity mutual funds in india have completed 25 years in the industry, with a diverse mix of schemes. among them, seven are elss funds, six are large-cap funds, five are flexi and large-cap, four are mid-cap, two are value funds, and one each
Tag: Mutual Fund India    Source: indiatimes.com   Dated: 2024-11-29

NFO Tracker: Quantum Mutual Fund launches ethical fund

Quantum mutual fund has launched the nfo of quantum ethical fund, aiming to achieve long-term capital appreciation by investing in companies adhering to ethical principles. the fund, managed by chirag mehta, will be benchmarked against nifty 500 shariah to
Tag: Mutual Fund India    Source: indiatimes.com   Dated: 2024-11-29

Equity mutual funds offer between -6% & 14% returns in Nov. How much have you earned?

Equity mutual funds delivered returns between -6% to 14% in november, with sectoral and thematic funds outperforming. mirae asset s&p 500 top 50 etf fof led with 13.89% returns. however, over 200 funds experienced negative returns, with mirae asset han
Tag: Mutual Fund India    Source: indiatimes.com   Dated: 2024-11-29

Best medium duration mutual funds to invest in November 2024

As per sebi mandate, medium duration funds must invest in debt and money market instruments with macaulay duration of three to four years. as you can see, medium duration funds are suitable for investors looking to invest for three to four years or more. h
Tag: Mutual Fund India    Source: indiatimes.com   Dated: 2024-11-29

GIFT Nifty up 5 points; here's the trading setup for today's session

The index is still facing strong resistance near 24,350-24,360 levels. as long as the index persists below 24,360, traders should focus on booking profits on the bounce and wait for a fresh breakout, said hrishikesh yedve of asit c. mehta investment interr
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-11-29

Stocks in news: RIL, PC Jeweller, Dr Reddy's, Enviro Infra Engineers, HDFC Life, SBI Life

Leading exchange bse has revised the price band of adani total, paytm, lic, jio financial, angel one, zomato among 55 stocks to 10% with effect from november 29.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-11-29

Asian stocks slip, Yen gains after inflation data

The japanese currency rose around 0.4% against the greenback, helped along by the inflation data that showed prices rose more than expected on a headline basis, but broadly in line with estimates once fresh food and energy were excluded.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-11-29

Traders roll over bearish bets to Dec in a 'Sell on Rise' market

Current nifty rollovers are higher than 72.9% in the previous expiry and the three-month average of 76.4%, said rajesh palviya, head of technical and derivatives research at axis securities.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-11-29

BSE revises expiry day of indices

The expiry for quarterly and semi-annually contracts will also shift to the last tuesday of the month. bse clarified that there will be no change in the existing weekly contracts of sensex expiring on jan 3, 2025
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-11-29

Roubini backs popular bond bet against Trump-fuelled price shock

The economist, who also runs roubini macro associates, is positioning for a curve steepener, a popular treasuries trade where the gap between long- and short-dated yields widens. dubbed the "trump trade" by some, the strategy stands to benefit from interes
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-11-29

Bitcoin up as Cryptophiles vie to head regulators

The president-elect has vowed to undo a crackdown on digital assets imposed by the biden administration and instead foster industry growth, including setting up a national bitcoin stockpile. the republican's pledges ignited a wave of optimism that lifted t
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-11-29

Strong deal pipeline, US prospects augur well for large-cap IT; Infy, TCS top picks

​​the firm said that companies with high us exposure could do better. “we see guidance upgrades, strong deal pipeline and a trump win (tax cuts/strong us gdp) as the start of ‘stronger growth’ cycle for the sector,” said berstein’s note to cl
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-11-29

Green bond sale will go through, but 'Greenium' to be small: Dealers

The recent inclusion of green bonds in the fully accessible route (far) securities allows nris and foreign portfolio investors to invest in them without any restrictions. but this has failed to create any demand, dealers said.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-11-29

Hikal settles case with Sebi, pays Rs 43.9 lakh

Last year on august 22, sebi issued a show cause notice to the chemical company, alleging failure to give adequate and timely disclosures and giving false misleading disclosures to stock exchanges in relation to seven events related to an incident which oc
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-11-29

NSE, BSE to act as alternative trading venue on outage on one exchange

The regulator said, in case of technical glitch, the affected exchange would have to intimate about the invocation of the instant business continuity mechanism to the alternative stock exchange and sebi within 75 minutes of occurrence of impact.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-11-29

Readying for IPO, LG hops on to a Hyundai car

Broking firms said companies borrow from each other when setting up their investor sections but these are not made public until they're ready. another person said it might have been beta testing of the section on the lg india website that went public by mi
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-11-29

Devi Shetty sets his heart on UK’s Spire Healthcare

Narayana health, led by devi shetty, is in advanced talks to acquire a controlling stake in spire healthcare group amid a surge in the uk’s private healthcare demand. the indian medical group aims to secure a 51-75% stake, potentially taking the company
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-11-29

Dalal Street rally hits pause on US inflation numbers

The nse nifty fell 360.75 points to close at 23,914.15. the bse sensex plunged 1,190.34 points to close at 79,043.74. both indices had gained 1.5% in the last five trading sessions.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-11-29

Japanese banks sticking with Adani as Jefferies, Barclays review ties

Despite us bribery charges against gautam adani, japan's biggest banks, including mizuho, sumitomo mitsui, and mitsubishi ufj, plan to maintain their support for the indian conglomerate. while some global banks reassess their exposure, japanese lenders, ci
Tag: Industry India    Source: indiatimes.com   Dated: 2024-11-29

Making Indian single malts for world, getting them at par with Scotch, whiskies top priority for Pernod: CEO

Pernod ricard, the global spirits company, is prioritizing the development of indian single malts to compete on par with renowned scotch, american, irish and japanese whiskies. significant investments are made for distillery and warehousing in nagpur. indi
Tag: Industry India    Source: indiatimes.com   Dated: 2024-11-29

Devi Shetty sets his heart on UK’s Spire Healthcare

Narayana health, led by devi shetty, is in advanced talks to acquire a controlling stake in spire healthcare group amid a surge in the uk’s private healthcare demand. the indian medical group aims to secure a 51-75% stake, potentially taking the company
Tag: Industry India    Source: indiatimes.com   Dated: 2024-11-29

IT Ministry likely to seek Cabinet’s nod for Rs 40,000 crore package to boost electronic components' manufacturing

The ministry of electronics and information technology will seek union cabinet’s approval for a ₹40,000 crore package to boost local manufacturing of electronic components in december. the package aims to offer subsidies and incentives, boosting local
Tag: Industry India    Source: indiatimes.com   Dated: 2024-11-29

Zee Entertainment shareholders reject proposal to reappoint Punit Goenka as director

Shareholders of zee entertainment rejected the reappointment of punit goenka as director with 50.4% votes against. goenka, currently ceo, resigned as managing director earlier in the month but stayed on as ceo. other resolutions on financial statements, di
Tag: Industry India    Source: indiatimes.com   Dated: 2024-11-29

Audi India expects supply chain woes to slow sales this year, bets on new models

Audi india expects a drop in car sales in 2024 due to supply chain issues related to geopolitical uncertainties. the company anticipates better sales next year with improved model availability. despite this year's decline, audi introduced the new generatio
Tag: Industry India    Source: indiatimes.com   Dated: 2024-11-29

Incuspaze in talks to raise million

Incuspaze is planning to raise million in a pre-ipo round for a public listing next year. they aim to acquire another 2 million sq ft by december 2025. flexible workspace demand is growing, leading other companies like smartworks, tablespace, and wewor
Tag: Industry India    Source: indiatimes.com   Dated: 2024-11-29

City gas cos feel the heat as domestic gas share shrinks

City gas companies are receiving less cheaper domestic gas due to government cuts and new pricing policies. apm gas allocation has been reduced, and new well gas is priced higher. this is increasing costs for city gas distributors. in april, apm price ceil
Tag: Industry India    Source: indiatimes.com   Dated: 2024-11-29

Sebi allows NSE, BSE to act as alternative trading venue on outage on one

Indian market regulator today gave its go ahead to nse and bse to act as alternative trading venue at the time of outage on either exchange. the exchanges will now have to prepare an sop (standard operating procedure) that should include a plan to be invok
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-11-28

Multibagger Watch: 11 stocks that surged over 25% in each of last 3 quarters of CY24

To refine the selection, we concentrated on stocks with a minimum market capitalization of ₹2,500 crore. interestingly, 12 stocks fit this criterion, with 11 of them emerging as multibaggers in cy24.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-11-28

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