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

Asian shares mixed as Fed's Powell rethinks rate cuts, yields jump

Asian shares mixed as Fed's Powell rethinks rate cuts, yields jump

Asian shares reacted to the dollar's strength amid u.s. rate cut uncertainty. markets saw mixed performances, with various currencies and indices responding differently. powell's cautious stance and imf's growth forecast added to the market dynamics.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-04-17

Auto battery makers shine on EV prospects

Auto battery makers shine on EV prospects

Exide and amara raja stocks soared due to increasing ev demand. analysts foresee bright prospects for exide with hyundai and kia partnership, government aid, and ev market growth. the companies are set to capitalize on the rising trend.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-04-17

Voda-Idea raises Rs 5,400 cr from anchors, GQG may invest 0m

Voda-Idea raises Rs 5,400 cr from anchors, GQG may invest 0m

Foreign institutional investors such as gqg partners, ubs, australiansuper, fidelity, redwheel funds, abu dhabi investment authority, allspring global investments, morgan stanley investment funds, government pension fund global, copthall mauritius investme
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-04-17

Rupee plunges below 83.50 as West Asia, US rate worries continue

Rupee plunges below 83.50 as West Asia, US rate worries continue

Rupee weakened past 83.50/ against the dollar due to us rate cut uncertainty, middle east tensions, and rbi intervention. impact of us retail sales, inflation data, and high forex reserves also contributed to the currency's performance.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-04-17

IT stocks slump as F&O bears mount bets on more downside fears, Infy results in focus

IT stocks slump as F&O bears mount bets on more downside fears, Infy results in focus

Indian it stocks decline, affecting benchmarks. concerns over us fed rates and it demand recovery persist. infosys' guidance for fy25 awaited. market cautious pre-results, with nifty it index closing below 200 ema.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-04-17

ETMarkets Smart Talk: Nifty seen @ 24K in 2024; Nishit Master highlights 3 risks which could derail bull rally

ETMarkets Smart Talk: Nifty seen @ 24K in 2024; Nishit Master highlights 3 risks which could derail bull rally

Nishit master predicts nifty50 at 24000 with high single-digit returns. post-election policy uncertainty poses a risk. geopolitical tensions may affect energy prices and rupee, impacting the bull rally.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-04-17

Vodafone Idea's Rs 18,000 cr FPO may attract big investors. Is it worth your money?

Vodafone Idea's Rs 18,000 cr FPO may attract big investors. Is it worth your money?

Vodafone idea plans an rs 18,000 crore fpo on april 18, attracting gqg partners with 0-400 million bids. analysts cautious due to profit concerns, low listing expectations, capex needs, 5g delay, and industry challenges.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-04-17

Q4 results today: Tata Communications, Angel One among 10 companies to announce earnings

Q4 results today: Tata Communications, Angel One among 10 companies to announce earnings

March quarter earnings season starts with tata communications and icici lombard set to announce. boards to discuss dividends. high-frequency indicators point to strong demand momentum. key focus on data gross revenue, dps revenue, and ebitda margins.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-04-17

HCG founder floats million healthcare and life sciences fund

Bs ajaikumar launched the million inviga healthcare fund to support indian early-stage healthcare companies, addressing funding and operational challenges. the fund recently invested million in mynvax for novel vaccines.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-17

OTTs may spend less on entertainment shows amid focus on margins

Over-the-top (ott) platforms are expected to ease spending on entertainment content due to m&a activity in the media sector, impacting commissioning of fresh content. experts predict that ott content spending will continue to be driven by streaming gia
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-17

Nvidia, McKinsey prop up NCR office demand amid Q4 woes

Us technology firm nvidia corporation secured 73,000 square feet space at the headquarters 27 in gurgaon, developed by bharti realty, while leading consulting firm mckinsey & company leased about 70,000 sq ft space at dlf downtown in gurgaon.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-17

Quess Corp MD buys 10,000 sq ft plot for ₹67.5 cr in Bengaluru

At ₹70,300 per sq ft, the deal set a new benchmark for the property market in the country's technology hub. "the deal was closed last week, and the property belonged to arvind reddy and geeta reddy. the last deal closed in this locality was clinched at a
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-17

Adverse weather hits Dubai flights; Air India cancels services on Wed

Heavy rains in dubai flood airport, disrupting india-dubai flights. air india cancels services, offers date change waiver. delhi-dubai flights affected. vistara, spicejet quiet. dubai airport, world's 2nd busiest, flooded by unprecedented rains.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-17

Digi Yatra app has always been under our full control: Digi Yatra Foundation

Digi yatra foundation maintains control over the application despite controversy with former vendor. ceo denies storing passengers' data. access now criticizes project's use of facial recognition technology at indian airports. passenger data is encrypted f
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-17

Legal battle erupts over ‘Mr. Bean’ trademark; UK co gets injunction against Lonavala theme park

The court has issued a temporary injunction restraining mr. bean trampoline park near lonavala from using the ‘mr. bean’ trademark and associated artwork in any manner following an application from uk-based company tiger aspect kids & family ltd. t
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-17

Rising heat makes water a key selling point for Indian builders

Large property developers in india are incorporating water conservation measures into their projects to mitigate environmental impact and address the challenges of water stress and the looming summer heatwave. this proactive approach promotes city resilien
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-17

Punjab: Several trains affected as farmers squat on track demanding release of fellow protesters

Farmers from samyukta kisan morcha and kisan mazdoor morcha protest on rail track, impacting train movement, demanding release of arrested farmers by haryana police, and seeking legal guarantee from the haryana government at khanauri border points.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-17

Avaada Energy bags 250 MW solar-wind project in NTPC auction

Avaada energy secures 250 mw hybrid project in ntpc auction, offering rs 3.47/kwh tariff. ppa spans 25 years, expected to power 5l households, reduce carbon emissions, and contribute to india's green energy supply.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-17

Jindal Stainless cuts 2.4 lakh tons of CO2 emissions in last two fiscals

Jindal stainless aims for carbon neutrality by 2050, reducing 2.4 lakh tonnes of co2 emissions. strategies include clean electricity, renewables, green hydrogen, digitalization, evs, sbti initiative, global climate action for ambitious emission targets.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-17

Government asks shipping companies to enhance reporting, tracking mechanism on West Asian routes

Government issues ship security advisories for west asian routes. vessels required to enhance reporting, tracking protocols in sensitive zones like persian gulf, strait of hormuz, gulf of oman, arabian sea, and more. contact indian navy in security inciden
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-17

Complaint filed against Flipkart, BigBasket for allegedly making employees work on election day

Complaint filed against flipkart and bigbasket for making delivery boys work on voting day despite government holiday declaration. flipkart ensures paid holiday and promotes voting awareness.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-17

What are GPUs? Why is India scrambling for them?

Since gpus are scarce and very expensive, the indian government has two options: let businesses and industry solve its own gpu problem or spend public money to make gpus more accessible to startups, research bodies and key industries, just as it has done w
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-17

Biocon partners Biomm to commercialise diabetes drug in Brazil

Biocon has partnered with brazil-based biomm sa for the commercialization of its diabetes drug, semaglutide (gozempic). biocon will develop, manufacture, and supply the drug, while biomm will obtain regulatory approval and commercialization in brazil. biom
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-17

Delhi HC upholds injunction against Glenmark Pharma

Sun pharma laboratories, a wholly-owned subsidiary of sun pharmaceutical industries, and glenmark are contesting over their right to use drug names “istamet” and “indamet”, respectively, which sun pharma finds to be deceptively similar and confusin
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-17

Numax Realcom to invest Rs 1,000 crore in developing a township in Muzaffarnagar

Numax realcom consortium, led by sunil goel, has delivered world-class townships in cities like bhiwadi, indore, jaipur, and vrindavan over the past two decades.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-17

Tesla chief Elon Musk likely to unveil - billion India investment during visit, sources say

India's ev market is small but growing and dominated by local carmaker tata motors. evs made up just 2% of total car sales in 2023, but the government is targeting 30% of new cars to be evs starting 2030. musk's visit comes as tesla battles slowing sales i
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-17

Majority of senior living projects in India are in South India: Report

The southern region distinctly leads by contributing about 74% to the overall supply, particularly in organised assisted living segments. this promising trend is driven by several factors, including higher affordability levels and a growing acceptance of n
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-17

Govt notifies specifications of IFFCO's Nano Urea Plus

The indian government has approved a new product, 'nano urea plus', to be manufactured by cooperative iffco in the next three years. the product, which has a 16% nitrogen content, is designed to meet crop nitrogen requirements at critical growth phases. if
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-17

Adani group increase its stake in Ambuja Cements to 70.3% by converting warrants

The adani group has increased its stake in ambuja cements by 3.6%, bringing it to 70.3%, through the conversion of warrants into equity. the adani family, promoters, fully subscribed to the warrants program by injecting rs 8,339 crore out of the total rs 2
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-17

Samsung aims for Rs 10k crore sales from TV biz in India

The korean electronics maker also wants to expand tv production in india where currently it imports only the super big sizes and extremely hi-end models.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-17

Adani family infuses Rs 8,339 cr more in Ambuja Cements, raises stake to 70.3%

The adani family has fully subscribed to ambuja cements' warrants program, infusing an additional rs 8,339 crore to raise their stake by 3.6%. the total amount infused now stands at rs 20,000 crore, with their total stake in the cement company at 70.3%. th
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-17

ZEEL creates new organisational structure after senior-level exits

Zeel, which has four key business segments, namely broadcast, digital, movies, and music, has elevated key executives. the reorganisation is in line with the company's aim of achieving 18–20% ebitda margin by fy26.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-17

Why you should renew your car insurance policy on time?

Renew car insurance promptly to comply with the law, avoid financial burdens, and maintain benefits like no-claim bonuses. online services simplify the process, ensuring continuous coverage and hassle-free renewals.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-17

Apple enters JV with CleanMax to invest into rooftop solar projects in India

The solar project will have a total size of 14.4 megawatts, which will provide a local solution to power the company’s offices and the two retail stores in mumbai and new delhi, the cupertino-based smartphone major said in a statement.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-17

Jubilant gets VAI classification from USFDA for Roorkee unit

As per the usfda, a vai inspection classification indicates that although investigators found and documented objectionable conditions during the inspection, fda will not take or recommend regulatory or enforcement action because the objectionable condition
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-17

India's crude oil import bill drops 16% but import dependency hits new high

India's crude oil imports declined by 16% in the fiscal year ending march 31 due to lower global rates, but import dependency hit a new high at 87.7%. despite stable domestic production at 29.4 million tonnes, india spent usd 132.4 billion on crude imports
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-17

MG Motor India looks to expand network in tier III, IV to drive next phase of growth

Mg motor india aims to expand its presence in tier iii and iv cities by establishing 100 new touchpoints by the fiscal year end. with plans to increase touchpoints to 520 across 270 cities by 2024-25, mg motor embarks on its growth phase 'mg 2.0', focusing
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-17

FY25 to be transformative year, says Vedanta's Anil Agarwal

"these include further deleveraging (parent) vedanta resources by usd 3 billion in the next 3 years and achieving an annual group ebitda of usd 7.5 billion within 2 years," he said.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-17

Atmanirbhar bullet trains a reality soon: Speed, timeline, routes and details

Made in india bullet train in india at 250 kmph speed: india has started building its own bullet train, a senior government official told et.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-17

Former NASSCOM VP joins Peoplefy's strategic advisory board

"with over 40+ years of experience in the it/ites and gcc eco-system, ks viswanathan brings a wealth of knowledge to peoplefy's advisory board," the company said in its welcome message.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-17

Daimler India to foray into battery electric segment with new gen eCanter

Daimler india commercial vehicles announced plans to introduce the all-electric ecanter light duty truck in india within 6-12 months as part of a strategy to decarbonize its product portfolio. despite coexisting with traditional diesel ice technologies, th
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-17

Over 46% office space leases in India by offshoring industry, Knight Frank

India's offshoring market dominates office space leasing, comprising 46% of total leasing in 2023, led by global capability centers (gccs). with a 26% rise in leasing volume, gccs are pivotal, fostering over 1,580 centers. india's unique proposition as a h
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-17

India's power consumption rises nearly 10 pc to 70.66 bn units in first half of April

India's power consumption surged by nearly 10% to 70.66 billion units in the first half of april, indicating economic growth and changing consumption patterns. peak power demand reached 218 gw, up from 206 gw last year, with a projected peak of 260 gw for
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-17

Samsung wants sales worth Rs 10,000 cr from TV biz in India

Samsung india aims for rs 10,000 crore television sales in 2024, focusing on premiumization and volume growth. with 90% of tvs locally produced, samsung plans to lead the market by expanding local manufacturing. new ai-driven tv launches target premium seg
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-17

Wardwizard electric two-wheeler sales up 1.5% in March

"building on this momentum, fy25 promises even greater innovation with aggressive r&d investments in next-generation technologies, fuelling a more diverse product portfolio and solidifying our leadership in the market," wardwizard innovations & mob
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-17

CBSE Board Class 10, 12 Results 2024: Expected date, how to check, and other important details

The central board of secondary education (cbse) is expected to announce the class 10 and 12 results in may 2024. students can check their results on the official website by entering their login credentials. the article provides information on how to check
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-17

Maruti Suzuki India gets revised ₹2.5 crore tax demand

"​even on revised total demand of rs. 25 million, the company will be filing appeal against the order before the supreme court. as per the company's view, the order will have no major impact on the financial, operation or other activities of the company,
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-17

Indus expects Vi to clear full dues worth Rs 5,700 cr soon, open to payment in tranches

Indus towers anticipates vodafone idea clearing its rs 5,700 crore dues soon, potentially in one payment or in installments, following vil's fundraising. indus towers' ceo expresses optimism, highlighting their support for vil's growth plans, including 5g
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-17

Realty developer Tarc Ltd reports 200% growth in pre-sales

The fourth quarter of fy2023-24 witnessed exceptional sales, with tarc limited recording sales amounting to rs 1,281 crore. this staggering growth of over 600% on a year-on-year basis can be attributed largely to the success of the recently launched projec
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-17

ONGC, Coal India among top 10 stock holdings of Nippon India Mutual Fund

Nippon india mutual fund manages rs 4.38 lakh crore asset base with top 10 holdings like hdfc bank, icici bank, coal india, ongc, ril, l&t, power grid, and sbi among others.
Tag: Mutual Fund India    Source: indiatimes.com   Dated: 2024-04-17

7 mutual funds witnessed outflows of more than Rs 300 crore in March

Several equity mutual funds faced significant outflows in march, with hdfc small cap fund, aditya birla sun life small cap fund, and dsp small cap fund experiencing the highest outflows. axis small cap fund and hsbc small cap fund also saw notable declines
Tag: Mutual Fund India    Source: indiatimes.com   Dated: 2024-04-17

Reliance Industries, HDFC Bank among 11 stocks owned by more than 400 mutual fund schemes

Reliance industries, hdfc bank among top 11 stocks owned by 400+ mutual fund schemes. icici bank had 1,67,64,07,969 shares valued at rs 1.83 lakh crore. infosys was held by 514 schemes.
Tag: Mutual Fund India    Source: indiatimes.com   Dated: 2024-04-17

15 equity mutual funds deliver more than 30% CAGR in three years

Around 15 equity mutual funds have outperformed with over 30% cagr in three years. notable funds include quant small cap fund, motilal oswal midcap fund, and nippon india small cap fund. performance comparison against benchmarks is crucial.
Tag: Mutual Fund India    Source: indiatimes.com   Dated: 2024-04-17

Mutual fund industry assets grow 35% in FY24

Amfi announced a 35% growth in mutual fund assets in fy24, driven by individual investors in various schemes. debt funds closed at ₹12.62 lakh crore, while liquid funds gained ₹40,000 crore.
Tag: Mutual Fund India    Source: indiatimes.com   Dated: 2024-04-17

Tata Communications Q4 results: Net profit falls 1.5% to Rs 321 crore, revenue up 25%

Tata communications also said that its board has recommended a final dividend of rs 16.70 per share
Tag: Results India    Source: moneycontrol.com   Dated: 2024-04-17

Cipla Q4 PAT may dip 24.9% YoY to Rs 869.4 cr: ICICI Securities

Net sales are expected to decrease by 4.7 percent y-o-y (up 9.6 percent q-o-q) to rs 6,290.9 crore, according to icici securities.
Tag: Results India    Source: moneycontrol.com   Dated: 2024-04-17

Biocon Q4 PAT may dip 192.8% YoY to Rs 67.1 cr: ICICI Securities

Net sales are expected to increase by 3.5 percent y-o-y (down 1.2 percent q-o-q) to rs 3,730.4 crore, according to icici securities.
Tag: Results India    Source: moneycontrol.com   Dated: 2024-04-17

Biocon Q4 PAT may dip 192.8% YoY to Rs 67.1 cr: ICICI Securities

Net sales are expected to increase by 3.5 percent y-o-y (down 1.2 percent q-o-q) to rs 3,730.4 crore, according to icici securities.
Tag: Results India    Source: moneycontrol.com   Dated: 2024-04-17

Biocon Q4 PAT may dip 192.8% YoY to Rs 67.1 cr: ICICI Securities

Net sales are expected to increase by 3.5 percent y-o-y (down 1.2 percent q-o-q) to rs 3,730.4 crore, according to icici securities.
Tag: Results India    Source: moneycontrol.com   Dated: 2024-04-17

VIP Industries Q3 PAT may dip 73.6% YoY to Rs. 11.3 cr: Prabhudas Lilladher

Net sales are expected to increase by 16.3 percent y-o-y (down 4.1 percent q-o-q) to rs. 523.8 crore, according to prabhudas lilladher.
Tag: Results India    Source: moneycontrol.com   Dated: 2024-04-17

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