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
Submit documents in PACL case by Oct-end for refunds: Sebi to investors
A high-powered sebi committee has asked investors in pacl group's illegal schemes with claims of up to rs 19,000 to produce original documents by october 31 to receive refunds. the panel has asked only those investors whose applications have been successfu
Tag: Business Markets India Source: business-standard.com Dated: 2023-09-26
Govt owned WAPCOS scraps IPO plans; withdrawal reasons not disclosed
Public sector firm wapcos ltd has decided to shelve its plan for an initial public offering (ipo), through which the government was looking to divest shares. the maiden public issue was slated to be a complete offer for sale (ofs) of up to 32,500,000 equit
Tag: Business Markets India Source: business-standard.com Dated: 2023-09-26
Y-Combinator-backed Mudrex becomes FIU-registered crypto platform
Mudrex has become the third crypto platform to be registered with the fiu after wazirx and coindcx
Tag: Business Markets India Source: business-standard.com Dated: 2023-09-26
SME stocks to come under additional surveillance, T2T framework: NSE
The process of identifying stocks moving to the tft segment will be done fortnightly and stocks moving to and from the segment shall be on a quarterly basis
Tag: Business Markets India Source: business-standard.com Dated: 2023-09-26
Apar Industries rallies 7% on fund raising plan; stock zooms 357% in 1 year
The board of directors of the company is scheduled to meet on thursday, september 28, 2023 to consider fund raising plans
Tag: Business Markets India Source: business-standard.com Dated: 2023-09-26
Delta Corp sinks 23% in 2 days post tax notice; Kacholia sells 0.6% equity
The stock was quoting at its lowest level since december 2020 after the company received a tax notice amounting to rs 16,822 crore last friday, september 22.
Tag: Business Markets India Source: business-standard.com Dated: 2023-09-26
Gold and silver prices unchanged, yellow metal selling at Rs 59,950
The price of 22-carat gold was also unchanged at rs 54,950
Tag: Business Markets India Source: business-standard.com Dated: 2023-09-26
India's inclusion in the bond index will increase investor vigilance
For the fast-growing economy that typically runs a current-account deficit, the decision opens the door to as much as 10% of the 6 billion of assets at funds
Tag: Business Markets India Source: business-standard.com Dated: 2023-09-26
Smallcaps shine in weak market; PSB, IT shares slip, FMCG, defence gain
Closing bell on september 26, 2023: the bse sensex closed at 65,945 levels, down 78 points, while the nifty50 shut shop at 19,665, down 10 points
Tag: Business Markets India Source: business-standard.com Dated: 2023-09-26
Moody's downgrades Vedanta Resources' corporate family rating to Caa2
Moody's has also downgraded to caa3 from caa2 its rating on the senior unsecured bonds issued by vrl
Tag: Company India Source: business-standard.com Dated: 2023-09-26
NetApp CEO George Kurian wants India to be largest in Asia for its business
Netapp, which completes 20 years in india, has one of its largest research and development centres in bengaluru
Tag: Company India Source: business-standard.com Dated: 2023-09-26
India's M&A deal value falls to lowest in the last five years, shows data
Deal value falls 69% in first nine months of 2023
Tag: Company India Source: business-standard.com Dated: 2023-09-26
Zerodha profit and revenue up 39% at Rs 2,907 cr and Rs 6,875 cr in FY23
Zerodha's active user base has crossed 6.4 million, ceo nithin kamath says maintenance and onboarding charges to continue despite high competition
Tag: Company India Source: business-standard.com Dated: 2023-09-26
Nuvama Wealth makes trading debut, stock finishes at Rs 2,612.5 on NSE
The company is aiming to double its bottomline in three years underpinned by the growing number of wealthy indians and their demand for investment solutions
Tag: Company India Source: business-standard.com Dated: 2023-09-26
Beauty startup Pilgrim raises million in Series B funding round
Pilgrim, a startup operating in the field of beauty and personal care, on tuesday said it has raised usd 20 million (around rs 166.6 crore) in a funding round. this series b round was led by vertex ventures southeast asia and india along with existing inve
Tag: Company India Source: business-standard.com Dated: 2023-09-26
Omaxe Group acquires over 5 acres of 'prime' land in Ludhiana for Rs 220 cr
Realty firm omaxe group on tuesday said it has acquired over 5 acres of land in ludhiana, punjab for rs 220 crore. in a statement, omaxe said it has "secured more than 5 acres of prime land... through a competitive bidding process conducted by the rail lan
Tag: Company India Source: business-standard.com Dated: 2023-09-26
Omaxe Group acquires over 5 acres of land in Ludhiana for Rs 220 crore
The group has another 22 million sq ft of space under construction
Tag: Company India Source: business-standard.com Dated: 2023-09-26
GalaxEye, ideaForge to build foliage penetration radar for armed forces
Bengaluru-based space start-up galaxeye has joined hands with ideaforge, a drone manufacturing company, to develop a customised radar for the armed forces that can enable them to see through dense foliage and fog. the uav fopen (foliage penetration) radar
Tag: Company India Source: business-standard.com Dated: 2023-09-26
Ambani's children will get no salary, only fee for attending board meetings
His three children - twins akash and isha (both 31) and anant (28 years) - will get only a sitting fee and a commission on the profit earned by the firm
Tag: Company India Source: business-standard.com Dated: 2023-09-26
Tax dept notifies 'Angel Tax' rules for valuing investments in startups
The income tax department has notified rules for valuation of investments by resident and non-resident investors in startups, thus paving way for implementation of the changes brought in 2023-24 budget. as per the changes in rule 11ua of i-t rules, the cen
Tag: Company India Source: business-standard.com Dated: 2023-09-26
Bajaj Auto launches Pulsar N150 at a starting price of Rs 1.18 lakh
The bike is available in three colours: racing red, ebony black, and metallic pearl white
Tag: Company India Source: business-standard.com Dated: 2023-09-26
India demands 0 mn in taxes from Tiger Global-backed gaming firm Dream11
Dream11 has filed a lawsuit in the high court in mumbai challenging the notices, court papers showed. the case is likely to be heard in coming days
Tag: Company India Source: business-standard.com Dated: 2023-09-26
Alibaba starts restructuring with plan to list logistics arm in Hong Kon
In the months since, the company has approved a process to start external financing for its international commerce arm and was also looking to list its cloud unit
Tag: Company India Source: business-standard.com Dated: 2023-09-26
Infosys partners with Microsoft to accelerate adoption of GenAI
Both companies will enable enterprises to take an ai-first approach and help improve operational efficiencies, drive revenue growth, and enable business transformation
Tag: Company India Source: business-standard.com Dated: 2023-09-26
Pegatron India's iPhone factory shutdown may go into day 3: Report
Pegatron has asked independent surveyors to assess the fire damage, a fifth source said
Tag: Company India Source: business-standard.com Dated: 2023-09-26
Cipla to deliver essential medicines through drones in Himachal Pradesh
Company aims to scale drone operations in uttarakhand and ne india
Tag: Company India Source: business-standard.com Dated: 2023-09-26
Govt owned WAPCOS scraps IPO plans; withdrawal reasons not disclosed
Public sector firm wapcos ltd has decided to shelve its plan for an initial public offering (ipo), through which the government was looking to divest shares. the maiden public issue was slated to be a complete offer for sale (ofs) of up to 32,500,000 equit
Tag: Company India Source: business-standard.com Dated: 2023-09-26
Axis Bank plans to extend its network in Gujarat by adding 28 more branches
Axis bank plans to extend its branch network in the state by adding 28 more branches and 69 new atms this financial year, as it aims to enhance accessibility for the people of gujarat. the lender opened its 5000th branch in ahmedabad city on tuesday, 29 ye
Tag: Company India Source: business-standard.com Dated: 2023-09-26
Beauty care firm Pilgrim raises mn in funding for business expansion
Company says it will use money for brand building, research, and bolstering its offline presence
Tag: Company India Source: business-standard.com Dated: 2023-09-26
IndiGo should be compared with global carriers, not domestic: CEO Elbers
Outlook should be broader and ask why indian carriers have a small share in international routes, he says
Tag: Company India Source: business-standard.com Dated: 2023-09-26
Y-Combinator-backed Mudrex becomes FIU-registered crypto platform
Mudrex has become the third crypto platform to be registered with the fiu after wazirx and coindcx
Tag: Company India Source: business-standard.com Dated: 2023-09-26
AI, Singapore Airlines to maintain minimum capacity on certain routes
Air india and singapore airlines will ensure minimum capacity on various domestic and international routes, including delhi-sydney and delhi-paris, as part of commitments made to fair trade regulator cci to address possible competition concerns arising out
Tag: Company India Source: business-standard.com Dated: 2023-09-26
Airbus names sales chief Scherer CEO of core planemaking operation
The appointment of scherer, 61, heralds broad continuity inside the main commercial arm, which competes with boeing and makes up about 70% of the company's revenues
Tag: Company India Source: business-standard.com Dated: 2023-09-26
Cipla introduces drone-powered critical medicine delivery in Himachal
Drug major cipla on tuesday said it has introduced drone-powered deliveries of critical medicines for hospitals and pharmacies in himachal pradesh in partnership with sky air mobility. the mumbai-based firm aims to deliver medicines for cardiac, respirator
Tag: Company India Source: business-standard.com Dated: 2023-09-26
Road secy Anurag, ex-DPIIT official Anil join ONDC's advisory council
Road, transport and highways secretary anurag jain and former additional secretary in the department for promotion of industry and internal trade (dpiit) anil agarwal have become new members in the advisory council of ondc, an official said. with this, the
Tag: Company India Source: business-standard.com Dated: 2023-09-26
EV motorcycle startup Raptee raises mn pre-Series A funding round
Premium ev motorcycle startup raptee on tuesday said it has raised usd 3 million in a pre-series a funding round. the all-equity funding round led by deep-tech vc fund bluehill capital, also saw participation from industry stalwarts as well as hnis, raptee
Tag: Company India Source: business-standard.com Dated: 2023-09-26
India is one of world's most competitive aviation markets: IndiGo CEO
India is one of the most competitive aviation markets in the world and there is also a lot of competition in the market, indigo ceo pieter elbers said on tuesday. indigo is the country's largest carrier with a domestic market share of more than 63 per cent
Tag: Company India Source: business-standard.com Dated: 2023-09-26
NCLAT to start hearing Google plea against CCI penalty from Nov 28
The national company law appellate tribunal (nclat) will on november 28 begin hearing google's plea against cci imposing rs 936.44 crore penalty on the tech giant for abusing its dominant position with respect to play store policies. this comes after one o
Tag: Company India Source: business-standard.com Dated: 2023-09-26
OYO set to report maiden profit of over Rs 16 crore in Q2: Report
Oravel stays ltd, which operates travel tech brand oyo, is set to report its first-ever profit after tax of over rs 16 crore in the current quarter ending september, according to an email sent by oyo's founder and ceo ritesh agarwal to the company's top ma
Tag: Company India Source: business-standard.com Dated: 2023-09-26
Samsung to start manufacturing laptops in India from next month: Report
The laptops will be made at samsung's noida plant, which currently produces mobile phones
Tag: Company India Source: business-standard.com Dated: 2023-09-26
Mercedes on track to continue record sales in 2023 amid surging demand
German luxury carmaker mercedes-benz expects 2023 to turn out to be its best year in terms of sales in india as the demand for high-end cars continues to grow post the covid pandemic, according to a top company official. the carmaker, which sold 15,822 uni
Tag: Company India Source: business-standard.com Dated: 2023-09-26
Air India to invest 0 million towards training its pilots, cabin crew
The airline will partner with plane manufacturers airbus and boeing to train its staff
Tag: Company India Source: business-standard.com Dated: 2023-09-26
REC partners with PNB to finance projects in logistics, power, infra
The two entities will jointly finance loans worth rs 55,000 crore, rec said in a statement.
Tag: Finance India Source: business-standard.com Dated: 2023-09-26
Top 6 franchise business ideas under 10 lakhs in India to start earning
The franchise business has recently gained a huge market, and it is one of the most flourishing business ideas with very little investment. here are the six franchise business ideas one can invest in
Tag: Finance India Source: business-standard.com Dated: 2023-09-26
India bond yields dip as investors eye second-half borrowing calendar
The 10-year benchmark 7.18% 2033 bond yield ended at 7.1441% after closing at 7.1541% in the previous session
Tag: Finance India Source: business-standard.com Dated: 2023-09-26
Centre, RBI officials to finalise 2nd half borrowing plan today: Report
India plans to borrow about rs 6.55 trillion in the second half of the current fiscal year that started april 1, according to government's budget estimates
Tag: Finance India Source: business-standard.com Dated: 2023-09-26
India's bond index inclusion set to test RBI's liquidity, FX management
"so as and when passive investors encounter tax implications, they will think twice," the report said
Tag: Finance India Source: business-standard.com Dated: 2023-09-26
CBDT extends safe harbour option to convertible preference shares
Move will help startups and encourage foreign investment, say experts
Tag: Finance India Source: business-standard.com Dated: 2023-09-26
Nearly 50% of equity investors redeem their MF investments within 2 years
The majority 59 per cent of investors still consider past performance as one of the key benchmarks for investing in mutual funds.
Tag: Finance India Source: business-standard.com Dated: 2023-09-26
P2M transactions to make 75% of all UPI transactions by 2025: Report
The average ticket size of upi in the first six months of 2023 was 10% lower than the same period last year showing its growing penetration and increasing adoption of small payments
Tag: Finance India Source: business-standard.com Dated: 2023-09-26
Poonawalla Fincorp gets RBI nod to issue co-branded credit card
Poonawalla fincorp, a cyrus poonawalla group- promoted nbfc, has received reserve bank of india's approval to issue co-branded credit card with indusind bank. the company envisages to launch this credit card within three months, poonawalla fincorp said in
Tag: Finance India Source: business-standard.com Dated: 2023-09-26
I-T dept notifies 'Angel Tax' rules for valuing investments in startups
The income tax department has notified rules for valuation of equity and compulsorily convertible preferable shares issued by startups to resident and non-resident investors. as per the changes in rule 11ua of i-t rules, which comes into effect from septem
Tag: Finance India Source: business-standard.com Dated: 2023-09-26
Top ten mutual fund categories which witnessed highest AUM growth in a year
Small-cap funds saw the highest aum growth in the last year at 61 per cent, followed by multi-cap funds at 45 per cent and sectoral funds at 35 per cent.
Tag: Finance India Source: business-standard.com Dated: 2023-09-26
Explained: What JP Morgan's bond inclusion means for India, markets, rupee
The move could attract more foreign investments into bonds, strengthen the rupee and improve india's credit rating
Tag: Finance India Source: business-standard.com Dated: 2023-09-26
US stocks open lower as rate worries keep Treasury yields elevated
The dow jones industrial average fell 144.20 points, or 0.42%, at the open to 33,862.68
Tag: Share Markets India Source: indiatimes.com Dated: 2023-09-26
Signature Global, Sai Silks shares to list on Wednesday. Here's what to expect
Signature global is commanding a gmp of rs 41 in the unlisted market. sai silks' gmp is around rs 7 as against the offer price of rs 222, which means the listing premium will likely be a mild 3%
Tag: Share Markets India Source: indiatimes.com Dated: 2023-09-26
Sebi extends deadline to update PAN/bank details in demat accounts till Dec 31
Earlier, the regulator said all trading accounts and dematerialised accounts, which do not have ‘choice of nomination’ by september 30, will be frozen. further, with respect to demat accounts, sebi has extended the last date for submission of ‘choice
Tag: Share Markets India Source: indiatimes.com Dated: 2023-09-26
5 consumer discretionary stocks touched their 52-week high, do you own any?
Tag: Share Markets India Source: indiatimes.com Dated: 2023-09-26
India govt bonds have lowest foreign ownership vs EM peers. Here are the numbers
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Tag: Share Markets India Source: indiatimes.com Dated: 2023-09-26
What's plaguing Mukesh Ambani's Reliance Industries?
a drop in singapore's gross refining margins (grms) is also likely to impact the 02c earnings
Tag: Share Markets India Source: indiatimes.com Dated: 2023-09-26
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