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

Indoco Remedies update on USFDA inspection of its facilities in Goa

Indoco Remedies update on USFDA inspection of its facilities in Goa

Indoco remedies has received regulatory status from u.s. food and drug administration (usfda), for its facilities located at goa plant-ii & iii, l-32,33,34, verna industrial area, verna, goa, goa 403722, india (facility), following an inspection conducted
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-11

Hi-Tech Pipes successfully concludes QIP issue of Rs 500 cr

Hi-Tech Pipes successfully concludes QIP issue of Rs 500 cr

Hi-tech pipes announced the successful closure of rs 500 crore qualified institutional placement (qip), with oversubscription by marquee institutional investors. the qip, which opened on 07 october 2024 (post market hours) and closed on 11 october 2024, r
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-11

Markets decline for second consecutive week; Sensex ends 230 points lower

Markets decline for second consecutive week; Sensex ends 230 points lower

Only 3rd such instance for nifty this year
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-11

India's industrial production contracts 0.1% in August

India's industrial production contracts 0.1% in August

India's industrial production contracted 0.1 per cent in august, mainly due to poor showing by the mining and power generation sectors, according to official data released on friday. the factory output, measured in terms of the index of industrial producti
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-11

INR tracks weak equities lower; Weakens past 84/$ mark

INR tracks weak equities lower; Weakens past 84/$ mark

The indian rupee on friday fell 11 paise, revisiting its all-time low of 84.09 (provisional) against the us dollar, tracking a weak domestic equity market and continued fii outflows. the benchmark 30-share bse sensex ended the session down 230.05 points,
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-11

A-I Express flight faces mid-air glitch post take-off from TN, lands safely

A-I Express flight faces mid-air glitch post take-off from TN, lands safely

A sharjah bound flight from tiruchirappalli, shortly after departure on friday evening, witnessed mid-air technical glitch and later landed safely, police said. chief minister m k stalin held an emergency meeting with officials and directed them to follow
Tag: Company India    Source: business-standard.com   Dated: 2024-10-11

AM Best upgrades credit ratings of GIC Re's to 'A-' (Excellent)

AM Best upgrades credit ratings of GIC Re's to 'A-' (Excellent)

The outlook for both ratings has been revised to stable. in addition, am best has reaffirmed gic re's india national scale rating (nsr) of aaa.in (exceptional) with a stable outlook
Tag: Company India    Source: business-standard.com   Dated: 2024-10-11

Adani Energy signs pact to operate electricity transmission lines in Kenya

Adani Energy signs pact to operate electricity transmission lines in Kenya

Indian billionaire gautam adani-led conglomerate has signed a pact to build and operate key electricity transmission lines in kenya for 30 years, the african nation's cabinet secretary for energy opiyo wandayi said. adani energy solutions ltd signed a proj
Tag: Company India    Source: business-standard.com   Dated: 2024-10-11

Wockhardt gets favourable recommendation from CDSCO for antibiotic for CABP

Drug firm wockhardt on friday said the national drug regulator has accorded a favourable recommendation for its novel antibiotic developed for the treatment of community-acquired bacterial pneumonia (cabp) in adults. the subject expert committee (sec) of t
Tag: Company India    Source: business-standard.com   Dated: 2024-10-11

FMCG distributors red flag e-com, qcom firms' use of private vehicles

In august, aicpdf also wrote to the ministry of commerce and industry regarding the rapid growth of the quick commerce industry, which it said is hurting the trade
Tag: Company India    Source: business-standard.com   Dated: 2024-10-11

Gaming unicorn Games24x7 looks to branch out as technology platform

The program will provide mentorship, masterclasses, networking, and funding opportunities, along with credits worth 0,000 from over 30 technology partners
Tag: Company India    Source: business-standard.com   Dated: 2024-10-11

Over 10k complaints filed against Ola Electric; CCPA sends notice

Consumer rights regulator ccpa has slapped a notice on electric two-wheeler manufacturer ola, as it initiates a class action after over 10,000 complaints related to quality and after-sales service remained unaddressed, according to sources. the national co
Tag: Company India    Source: business-standard.com   Dated: 2024-10-11

Mandhana promoter diverted loans for personal benefit: ED charge sheet

Purushottam mandhana, promoter of mandhana industries, used business loans for personal benefit and caused a loss of rs 975 crore to a bank of baroda-led consortium of lenders, the enforcement directorate has said in its charge sheet. observing that there
Tag: Company India    Source: business-standard.com   Dated: 2024-10-11

Noel Tata succeeds Ratan Tata, appointed chairman of Tata Trusts

The tata trusts currently own a 66 per cent stake in tata sons, the holding company of the tata group of companies
Tag: Company India    Source: business-standard.com   Dated: 2024-10-11

Jio Finance App now available on Google Play Store, Apple Store, MyJio

In addition, features such as seamless unified payments interface (upi) payments, mobile recharge, and the ability to pay credit card bills are empowering customers to transact digitally with ease
Tag: Company India    Source: business-standard.com   Dated: 2024-10-11

Just Dial Q2 results: Consolidated net profit rises two-fold to Rs 154 cr

Just dial ltd, a local search engine, has reported an over two-fold jump in its consolidated net profit to rs 154 crore in the second quarter. it had a net profit of rs 71.79 crore in the july-september quarter a year ago, according to a regulatory filing
Tag: Company India    Source: business-standard.com   Dated: 2024-10-11

Sudarshan Chemical to acquire Germany's Heubach for Rs 1,180 crore

The heubach acquisition will help address these challenges with a clear turnaround plan, scil said in a release
Tag: Company India    Source: business-standard.com   Dated: 2024-10-11

Festive car loan offers: Compare lender cost; higher rates may offset perks

Besides negotiating a good deal on the car, buyers must secure a favourable loan offer
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-11

Amicus Capital invests Rs 125 cr in Equirus; Federal Bank partially exits

Private equity firm amicus capital on friday announced that it has invested rs 125 crore in equirus group, a late rakesh jhunjunwala-backed financial services firm, for an undisclosed stake. the investment is a combination of primary and secondary purchase
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-11

US continues to be largest source of FDI in India: RBI annual census

The us continued to be the largest source of fdi in india, followed by mauritius, singapore and the uk, according to an annual census of the reserve bank of india. out of the 41,653 entities, which responded in the latest census, 37,407 reported foreign di
Tag: Finance India    Source: business-standard.com   Dated: 2024-10-11

Indices hold ground, awaiting US inflation data

The domestic equity benchmarks ended with minor gains on thursday. the market opened with gains on positive global cues, but struggled to maintain momentum as investors awaited us inflation data. the nifty settled closed near the 25,000 level. banks and fi
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-10

India to see 11% YoY growth in ready made garment exports over year coming

A latest update from ministry of textiles stated that india's textiles sector is set for significant expansion, with an 11% year-on-year growth in ready-made garments (rmg) of all textiles exports, as per india's trade data of august 2024, signaling a brig
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-10

Den Networks consolidated net profit rises 13.94% in the September 2024 quarter

Sales decline 9.95% to rs 249.08 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-10

Indian Renewable Energy Development Agency standalone net profit rises 36.18% in the September 2024 quarter

Sales rise 39.13% to rs 1620.02 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-10

NB Footwear reports standalone net loss of Rs 0.04 crore in the September 2024 quarter

Reported sales nil
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-10

Infomedia Press reports standalone net loss of Rs 0.88 crore in the September 2024 quarter

Reported sales nil
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-10

Garuda Construction and Engg IPO subscribed 7.55 times

The offer received bids for 15.03 crore shares as against 1.99 crore shares on offer.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-10

INR ends marginally lower; Positive equities limit downside

The indian rupee depreciated 2 paise to close at 83.98 (provisional) against the us dollar on thursday amid sustained foreign fund outflows and elevated crude oil prices. however, a marginal decline in the value of the greenback against overseas currencies
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-10

TCS reports PAT of Rs 11,909 cr in Q2, declares dividend of Rs 10/share

The it major's consolidated net profit declined 1.09% to rs 11,909 crore in q2 fy25 as against rs 12,040 crore reported in q1 fy25.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-10

Tata Consultancy Services consolidated net profit rises 5.00% in the September 2024 quarter

Sales rise 7.65% to rs 64259.00 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-10

Den Networks standalone net profit declines 24.04% in the September 2024 quarter

Sales decline 10.33% to rs 244.71 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-10

Nifty October futures trade at premium

Nse india vix dropped 4.65% to 13.47.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-10

Japanese stocks end up slightly higher

Camera maker nikon jumped 5.6 percent to become the nikkei's top percentage gainer.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-10

Zydus receives USFDA approval for Paliperidone Extended-Release Tablets

Zydus lifesciences has received final approval from the united states food and drug administration (usfda) to manufacture paliperidone extended-release tablets, 1.5 mg, 3 mg, 6 mg, and 9 mg (usrld: invega extended-release tablets, 1.5 mg, 3 mg, 6 mg, and 9
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-10

JSW Steel collaborates with BHP to deploy carbon capture technology in steel industry

Jsw steel and leading global resources company, bhp, are collaborating to accelerate deployment of carbon capture technology for steelmaking decarbonisation, following the signing of a joint study agreement between the parties.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-10

China Shanghai Composite index climbs 1.32%

Also, a survey showed china's average daily home sales during the golden week holiday leapt 23 percent by floor area from the same period last year, spurring hopes of a property market recovery.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-10

Quick Wrap: Nifty Pharma Index falls 2.01%

Powered by capital market - live news
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-10

SpiceJet launches new UDAN flights connecting Shivamogga with Chennai and Hyderabad

This launch marks shivamogga's addition as a new station on spicejet's domestic network and is the airline's first new destination following its successful rs 3,000 crore qualified institutional placement (qip), which has bolstered the airline's expansion
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-10

Intellect launches eMACH.ai Cloud for Wholesale Banking

Intellect global transaction banking (igtb), the transaction banking division of intellect design arena, announced the global launch of emach.ai cloud for wholesale banking. this first principle based pioneering platform is designed to empower wholesale ba
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-10

Equity MF inflow dips 10% on monthly basis, SIPs continue to maintain upward trend

Powered by capital market - live news
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-10

Gold recovers slightly after 6 sessions ahead of key US inflation data

Spot gold was up 0.3 per cent at ,615.19 per ounce, as of 0833 gmt. us gold futures edged 0.2 per cent higher to ,632.30
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-10

Infosys collaborates with zooplus, a Munich-based online pet platform

To establish new technology hub in hyderabad
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-10

Hercules Hoists soars 12% ahead of demerger record date; up 103% in 2024

Each equity shareholder of hercules hoists, as on the record date i.e. friday, october 11, will be issued and allotted 1 share of indef manufacturing for one fully-paid up share of hercules hoists
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-10

Aztec Fluids & Machinery climbs on customs refund success

Aztec fluids & machinery jumped 2.63% to rs 97.50, following the company's announcement of securing four consecutive customs refund orders worth rs 3.78 crore between july 27th and october 9th, 2024.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-10

Sobha Ltd Partly Paidup leads losers in 'A' group

Lupin ltd, home first finance company india ltd, nazara technologies ltd and phoenix mills ltd are among the other losers in the bse's 'a' group today, 10 october 2024.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-10

Maharatna stock: Power Grid Corporation bags new project; shares up 3%

Power grid corporation shares have yielded a return of 68.40 per cent in the last one year, and 112.72 per cent in the last two years
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-10

Alkem Labs signs licensing agreement with Sonnet BioTherapeutics

Alkem laboratories said that it has entered into a licensing agreement with us-based sonnet biotherapeutics holdings, to develop, manufacture and commercialise the drug candidate 'son-080' for the treatment of diabetic peripheral neuropathy in india.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-10

Zydus Life gets final approval from USFDA for Paliperidone drug

Zydus lifesciences announced that it has received final approval from the united states food and drug administration (usfda) to manufacture paliperidone extended-release tablets.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-10

Raw Edge Industrial Solutions Ltd leads losers in 'B' group

Db (international) stock brokers ltd, tainwala chemicals & plastics (india) ltd, weizmann ltd and keynote financial services ltd are among the other losers in the bse's 'b' group today, 10 october 2024.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-10

RPSG Ventures jump 5% after arm incorporates US based ayurvedic company

Natural wellness is incorporated as a wholly owned subsidiary of spectrum delight
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-10

Star Health drops amid cyberattack fallout

Star health & allied insurance company fell 2.27% to rs 564.55, following a targeted cyberattack that resulted in a data breach affecting over 31 million customers.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-10

Benchmarks turn rangebound; pharma shares slide

At 14:30 ist, the barometer index, the s&p bse sensex added 235.84 points or 0.30% to 81,702.94. the nifty 50 index rose 41.05 points or 0.16% to 25,023.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-10

Volumes jump at Tata Investment Corporation Ltd counter

Tata investment corporation ltd witnessed volume of 9.8 lakh shares by 14:14 ist on nse, a 25.56 times surge over two-week average daily volume of 38338 shares
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-10

Arvind SmartSpaces surges 3% on bookings worth Rs 500 cr for Aqua City

Shares of arvind smartspaces jumped up to 3 per cent at rs 865 per share on the bse in thursday's intraday trade
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-10

Gujarat Fluoro rallies 7%, hits new high on hopes of strong FY25 earnings

The stock price of gujarat fluorochemicals has zoomed 52% in five weeks, taking the market capitalisation of the company beyond rs 50,000 crore for the first time
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-10-10

NBCC arm gets Rs 1,000 crore contract to develop Gondwana University campus

State-owned nbcc said its arm hindustan steelworks construction has bagged a rs 1,000-crore contract to develop the campus of gondwana university in maharashtra. in a regulatory filing, nbcc said its subsidiary hindustan steelworks construction ltd has rec
Tag: Company India    Source: business-standard.com   Dated: 2024-10-10

TCS begins process for FY26 campus hiring; adds 11,000 in H1 FY25

In the first quarter of fy25, the firm had added 5,452 associates. the total headcount at the end of the first half of the financial year was 612,724
Tag: Company India    Source: business-standard.com   Dated: 2024-10-10

DHFL bank fraud: SC asks CBI to file response on Nawandar's bail plea

The supreme court has directed the cbi to file its response on the bail plea filed by businessman ajay ramesh nawandar in a rs 34,615-crore bank fraud case involving dewan housing finance limited (dhfl). a bench of justices vikram nath and prasanna b varal
Tag: Company India    Source: business-standard.com   Dated: 2024-10-10

Vedanta Aluminium digitally connects metal quality analysis system with LME

Vedanta aluminium on thursday said it has digitally linked its metal quality analysis system with the london metal exchange (lme) -- the global hub for trading industrial metals and setting benchmark prices. the move aims to streamline operations throughou
Tag: Company India    Source: business-standard.com   Dated: 2024-10-10

Continuing revival plans, Air India places order for 85 Airbus jets: Report

Airbus said on wednesday an unnamed customer had placed an order for 75 a320-family jets and 10 long-haul a350s
Tag: Company India    Source: business-standard.com   Dated: 2024-10-10

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