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
Fitch Ratings affirms 'BBB-' rating on Adani Ports with stable outlook
Fitch ratings on thursday affirmed its 'bbb-' rating on adani ports and special economic zone limited with a stable outlook, saying the hindenburg report has a limited near-term impact on apsez's cost of funding. hindenburg research in a january 24 report
Tag: Company India Source: business-standard.com Dated: 2023-03-23
L&T signs agreement with France's McPhy for electrolyser technology
Under this partnership, mcphy will grant an exclusive license of its pressurised alkaline electrolyser technology to l&t for manufacturing of electrolysers, including future product upgrades
Tag: Company India Source: business-standard.com Dated: 2023-03-23
DMRC review petition against Reliance Infra to be heard on March 29
The order said that if permission is given to dmrc it should deposit the entire amount payable along with interest within a month
Tag: Company India Source: business-standard.com Dated: 2023-03-23
Maruti to hike prices from April amid continued rise in input costs
This is maruti's second price increase this year
Tag: Company India Source: business-standard.com Dated: 2023-03-23
ITC working on short-term action to mitigate impact of a harsh summer
A team of experts is working using big data analytics. "we are piloting it on certain agri crop value chains," puri said
Tag: Company India Source: business-standard.com Dated: 2023-03-23
Shriram Life aims to double rural presence by 2025 using digital campaign
Company uses various digital channels for agents and customers to access life insurance products and services
Tag: Company India Source: business-standard.com Dated: 2023-03-23
BYJU's set to close 0 mn funding round soon at flat valuation
At a group level, byju's had said its top priority is to achieve "overall profitability by march 2023"
Tag: Company India Source: business-standard.com Dated: 2023-03-23
Investments in Adani entities comply with Indian laws: TotalEnergies
That represented a significant capital gain from the end of 2022, when such investments stood at .1 billion, totalenergies said in a statement
Tag: Company India Source: business-standard.com Dated: 2023-03-23
Reliance Jio launches cricket plans for Indian Premier League 2023
The cricket plan offer will be available for consumers from 24 march 2023
Tag: Company India Source: business-standard.com Dated: 2023-03-23
Ford's electric vehicle unit loses bn, should be seen as startup
Ford motor co.'s electric vehicle business has lost usd 3 billion before taxes during the past two years and will lose a similar amount this year as the company invests heavily in the new technology. the figures were released on thursday as ford rolled out
Tag: Company India Source: business-standard.com Dated: 2023-03-23
Accenture to cut 19,000 jobs as IT spending slows; India impact unclear
It services firm announces 'departure of 19,000 people' to save costs and streamline functions
Tag: Company India Source: business-standard.com Dated: 2023-03-23
Realme to appoint new India biz head from China, Madhav Sheth may quit
According to sources, realme is set to make the india announcement as soon as possible, as the domestic smartphone market goes through a churning
Tag: Company India Source: business-standard.com Dated: 2023-03-23
Aether Industries to set up new unit in Gujarat with Rs 1,000 cr investment
Specialty chemicals company aether industries on thursday said it has signed an initial pact with the gujarat government to set up new manufacturing plants at its panoli site with an investment of around rs 1,000 crore. the company has signed a memorandum
Tag: Company India Source: business-standard.com Dated: 2023-03-23
MSME loan delinquencies dip to 3% by September, shows CIBIL data
The highest drop was in the private bank segment, from 2.8 per cent in q2fy22 to 1.5 per cent in fy23-q2
Tag: Finance India Source: business-standard.com Dated: 2023-03-23
RBI to hold five-day variable rate repo auction worth Rs 75k cr on March 24
The rbi conducts repo operations in order to infuse liquidity into the banking system
Tag: Finance India Source: business-standard.com Dated: 2023-03-23
Canara Bank sells stake in Russian joint venture to SBI for Rs 121 crore
Canara bank on thursday said it has sold its stake in russian joint venture commercial indo bank llc (cibl) to the other venture partner state bank of india (sbi) for about rs 121.29 crore. cibl, incorporated in 2003, is a joint venture in russia between s
Tag: Finance India Source: business-standard.com Dated: 2023-03-23
Finance ministry asks public sector banks to share bond portfolio data
About 60 per cent of banks' investment book is in the htm portfolio, analysts at macquarie research wrote
Tag: Finance India Source: business-standard.com Dated: 2023-03-23
These 7 commodity stocks slipped to their new 52-week lows, fell up to 20% in a month
As the market experienced a decline, 7 stocks from the bse commodities index fell to their lowest levels in 52 weeks.
Tag: Share Markets India Source: indiatimes.com Dated: 2023-03-23
Ahead of Market: 10 things that will decide D-Street action on Friday
“although the fed's decision to increase rates by 25 basis points was in line with expectations, concerns were raised by the us treasury secretary's statement that blanket insurance for all deposits was not being considered," says vinod nair, head of res
Tag: Share Markets India Source: indiatimes.com Dated: 2023-03-23
Adani Power sells 100 pc equity in Support Properties to AdaniConnex for Rs 1,556 crore
"parties to the proposed transaction (for which a binding memorandum of understanding had been signed earlier) have executed a share purchase agreement and concluded the transaction," a bse filing stated.
Tag: Share Markets India Source: indiatimes.com Dated: 2023-03-23
SEBI to regulate financial influencers on social media; guidelines soon, says sources
Tag: Share Markets India Source: indiatimes.com Dated: 2023-03-23
Stock Radar: Buy Havells India for a target of Rs 1390, says Ajit Mishra
Tag: Share Markets India Source: indiatimes.com Dated: 2023-03-23
TPG Global to offload entire 7.6% stake in Campus Active via block deal Friday: Report
the asset management firm aims to sell 2,32,07,692 shares of the company. the floor price for stake sale has been fixed at rs 345 a share.
Tag: Share Markets India Source: indiatimes.com Dated: 2023-03-23
Taxation on gains or losses when selling equity/ equity-oriented securities
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Tag: Share Markets India Source: indiatimes.com Dated: 2023-03-23
Vedanta to consider fifth interim dividend on March 28
The board will meet on march 28 to consider and approve the fifth interim dividend on equity shares
Tag: Share Markets India Source: indiatimes.com Dated: 2023-03-23
HAL OFS subscribed 4.51 times on day 1; shares plunge over 4%
Tag: Share Markets India Source: indiatimes.com Dated: 2023-03-23
NSE scraps ‘Do Not Exercise’ facility for stock options; retail traders could face big losses
Tag: Share Markets India Source: indiatimes.com Dated: 2023-03-23
5 bank stocks with high analyst ratings and over 25% upside potential
Tag: Share Markets India Source: indiatimes.com Dated: 2023-03-23
4 bank stocks that more than doubled investors' wealth in FY23
As per ace equity data, banking stocks such as karnataka bank and uco bank have given over 100% returns to their investors at the same time.
Tag: Share Markets India Source: indiatimes.com Dated: 2023-03-23
Wall Street rallies on hopes of Fed policy pause; Block shares slid 14.6%
The dow jones industrial average rose 142.01 points, or 0.44%, to 32,172.12, the s&p 500 gained 26.11 points, or 0.66%, to 3,963.08 and the nasdaq composite added 151.81 points, or 1.3%, to 11,821.77.
Tag: Share Markets India Source: indiatimes.com Dated: 2023-03-23
Market Trading Guide: Maruti Suzuki among 7 stock recommendations for Friday
Nifty settled at 17,075, dropping 0.44%, while sensex ended below 58,000 levels. meanwhile, india vix dropped by 2%.
Tag: Share Markets India Source: indiatimes.com Dated: 2023-03-23
India bond yields hold steady as traders await H1 borrowing, RBI meet
The 10-year benchmark 7.26% 2032 bond yield ended at 7.3480%, after closing at 7.3495% on tuesday. the government's borrowing for april-september is likely to be between 55% and 58% of its gross annual borrowing target of rs 15.43 lakh crore
Tag: Share Markets India Source: indiatimes.com Dated: 2023-03-23
Market Watch: Post-Fed rate hike, bank & IT stocks drag Sensex 289 pts down; Nifty below 17,100
Tag: Share Markets India Source: indiatimes.com Dated: 2023-03-23
Tech View: Nifty charts indicate sell on rise pattern. What should traders do on Friday
“the market could find a range of around 17,200-16,950 levels in the next few sessions. the lower area of 16,950-16,900 is expected to offer support for the market during the present weakness. a decisive move above 17200-17250 levels is likely to bring s
Tag: Share Markets India Source: indiatimes.com Dated: 2023-03-23
Disney Star looks to firm up content deals with top multi-system operators
"star india is demanding an 8% hike in subscription payouts from the msos," a top tv distribution executive said on condition of anonymity. "however, the msos are resisting the hike since star comprises the biggest chunk of their annual content costs. even
Tag: Industry India Source: indiatimes.com Dated: 2023-03-23
Tata Motors steps up EV play, plans exclusive outlets
The ev subsidiary of the tata group automotive flagship, tata passenger electric mobility (tpem), will firm up the ev channel strategy - including design, location and the number of outlets - within the first quarter of fy24 and the showrooms will be up an
Tag: Industry India Source: indiatimes.com Dated: 2023-03-23
DMRC moves Delhi HC seeking review of attachment order
Attorney general r venkataramani, appearing for delhi metro rail, told the bench that there was a small overlook about the attachment of certain parts which, as per the earlier court order, was not liable to be attached.
Tag: Industry India Source: indiatimes.com Dated: 2023-03-23
IndiGo's Bahrain-Mangaluru flight takes 2 days to reach destination; angry passengers confront airlines
Tag: Industry India Source: indiatimes.com Dated: 2023-03-23
Cost of India quitting coal is 0 billion, think tank says
The international forum for environment, sustainability and technology, known by the acronym iforest, released two reports detailing how much it will cost for india to move away from coal and other dirty fuels without jeopardizing the livelihoods of millio
Tag: Industry India Source: indiatimes.com Dated: 2023-03-23
CCI clears proposed investment by Qatar Investment Authority in BTS Investment 1 Pte
The proposed transaction relates to the proposed investment by qatar investment authority in bts1, which is raising capital from various investors for its investment in viacom18, cci said. last year in february, murdoch and shankar announced the formation
Tag: Industry India Source: indiatimes.com Dated: 2023-03-23
Adani Power sells 100 pc equity in Support Properties to AdaniConnex for Rs 1,556 crore
"parties to the proposed transaction (for which a binding memorandum of understanding had been signed earlier) have executed a share purchase agreement and concluded the transaction," a bse filing stated.
Tag: Industry India Source: indiatimes.com Dated: 2023-03-23
In India 15 per cent of pilots are women
As per data received from various indian scheduled airlines, a total of 244 pilots have been recruited in 2021, the release noted and that industry estimates suggest that the country may require 1,000 pilots per annum over the next five years.
Tag: Industry India Source: indiatimes.com Dated: 2023-03-23
Rithwik Projects to build 382 MW Sunni Dam Hydro Project of SJVN
The letter of award for civil & hydro-mechanical works was issued on january 14, 2023. on march 23, a contract agreement for the same was executed after completion of all prerequisites.
Tag: Industry India Source: indiatimes.com Dated: 2023-03-23
Bajaj Hindusthan Sugar picks 98 pc stake in Phenil Sugar
In a regulatory filing, bajaj hindusthan sugar ltd informed that the company has acquired 98.01 per cent shareholding (post-conversion) of phenil sugars ltd (psl) by way of conversion of existing preference shares into equity shares. the company said that
Tag: Industry India Source: indiatimes.com Dated: 2023-03-23
Shriram Life Insurance plans to maximize rural penetration; hopes to grow AUM to Rs 13,000 cr by FY25
As of december 2022, the chennai-based company's assets under management (aum) stood at rs 8,573 crore, down from rs 8,900 crore a year ago and hopes to close the current fiscal with rs 9,000 crore aum, up from rs 7,683 in march 2022.
Tag: Industry India Source: indiatimes.com Dated: 2023-03-23
Canara Bank sells stake in Russian joint venture to SBI for Rs 121 crore
Canara bank, in a regulatory filing, said it has received the entire consideration amount equivalent to rs 121.29 crore on thursday for the sale of its stake.
Tag: Industry India Source: indiatimes.com Dated: 2023-03-23
Mercedes expects India to help lead all-electric switch
The company expects 25 per cent of its total sales in india to come from electric vehicles in india by 2027. "we are very happy with the development of our evs (electric vehicles) here in the indian market with (models such as) the eqs and the eqb. we'll h
Tag: Industry India Source: indiatimes.com Dated: 2023-03-23
Sunil Kumar Jha appointed as the General Manager of Northeast Frontier Railway (Construction)
He was a graduate in civil engineering from institute of technology, banaras hindu university/varanasi (now iit/varanasi). as general manager/construction he will be the overall in charge of all railway construction activities within the jurisdiction of n.
Tag: Industry India Source: indiatimes.com Dated: 2023-03-23
Reliance Jio's new 5G plans may impact Bharti Airtel's key metrics- JP Morgan
Jio, the telecoms unit of indian conglomerate reliance industries, launched new postpaid plans last week, starting from 399 rupees (.85) that included over-the-top (ott) packages, forcing bharti airtel to roll out similar plans. "we were surprised to see
Tag: Industry India Source: indiatimes.com Dated: 2023-03-23
Realme India head Madhav Sheth steps down, Michael Guo to take charge: Sources
Sheth was the face of the company in india and is also currently the president of realme’s international business, looking after the business in europe and india. he reported directly to realme ceo and founder, sky li. it’s not immediately clear if she
Tag: Industry India Source: indiatimes.com Dated: 2023-03-23
Future Retail’s resolution professional invites new EoIs, offers 2 bid options
Deloitte india-backed resolution professional vijaykumar v iyer has announced two options for interested bidders to submit their eois. under option i, bidders can submit eoi for the entire frl, including its shareholding interest in subsidiaries. under opt
Tag: Industry India Source: indiatimes.com Dated: 2023-03-23
TotalEnergies says investments in Adani entities comply with Indian laws
The group, responding to a le monde report detailing allegations of financial irregularities that short-seller hindenburg research has levelled against adani, said that at current market prices its interests in adani entities would be worth .1 billion.
Tag: Industry India Source: indiatimes.com Dated: 2023-03-23
Siddhartha Mohanty shortlisted as new LIC Chairman
Mohanty at present is a managing director with the country's largest insurer and was earlier given interim charge as chairman for a period of three months starting march 14. in a statement, fsib said that the bureau interfaced with four candidates on march
Tag: Industry India Source: indiatimes.com Dated: 2023-03-23
TVS Motor's social arm lines up Rs 10 crore investments towards water conservation
Srinivasan services trust has also planned to invest over rs 10 crore in the next three years for water conservation initiatives, the company said. the trust, in a press release, said 350 projects including desilting of tanks and irrigation channels were u
Tag: Industry India Source: indiatimes.com Dated: 2023-03-23
Reliance Jio announces pre-paid plans for Indian Premier League
In addition to the high data allowance base packs, it also launched data add-on packs with up to 90-day validity and a data allowance of 150 gb. “we understand the excitement around the cricket season in india, and thus have designed these exclusive plan
Tag: Industry India Source: indiatimes.com Dated: 2023-03-23
FSIB recommends Siddhartha Mohanty as LIC chairman
The financial services institutions bureau (fsib) on thursday recommended the name of siddhartha mohanty as the chairman of life insurance corporation of india (lic).
Tag: Industry India Source: indiatimes.com Dated: 2023-03-23
Tips for your trip: Money-saving hacks for this summer and beyond
How to save money while travelling.
Tag: Industry India Source: indiatimes.com Dated: 2023-03-23
ITC to go for climate risk modelling for agriculture value chain: Sanjiv Puri
Speaking on the sidelines of a cii event, puri told reporters: "itc is trying for a climate risk modelling to identify the hotspots. then steps will be taken to mitigate these issues. a team of experts is working using big data analytics". puri said itc ha
Tag: Industry India Source: indiatimes.com Dated: 2023-03-23
BMW brings R 18 Transcontinental superbike to India. Check details
The all-new bmw r 18 transcontinental, priced at rs 31,50,000, comes in five colour options - black storm metallic, gravity blue metallic, manhattan metallic matte, option 719 mineral white metallic and option 719 galaxy dust metallic/titan silver 2 metall
Tag: Industry India Source: indiatimes.com Dated: 2023-03-23
Gold price tumbles Rs 480, silver declines Rs 345: HDFC Securities
Gold price tumbled rs 480 to rs 58,770 per 10 gram in the national capital on wednesday amid a fall in rates of the precious metal internationally, according to hdfc securities. the yellow metal had settled at rs 59,250 per 10 gram in the previous trade. s
Tag: Business Markets India Source: business-standard.com Dated: 2023-03-22
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