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
REC stock price 1.37 per cent as Sensex
As of 30-sep-2024, promoters held 52.63 per cent stake in the company, while fiis held 21.23 per cent and domestic institutional investors had 8.94 per cent.
Tag: Share Markets India Source: indiatimes.com Dated: 2024-12-13
Au Small Fin Bank stock price 1.32 per cent as Sensex
As of 30-sep-2024, promoters held 22.9 per cent stake in the company, while fiis held 40.72 per cent and domestic institutional investors had 15.54 per cent.
Tag: Share Markets India Source: indiatimes.com Dated: 2024-12-13
Canara Bank stock price 1.58 per cent as Sensex
As of 30-jun-2024, promoters held 62.93 per cent stake in the company, while fiis held 11.25 per cent and domestic institutional investors had 4.34 per cent.
Tag: Share Markets India Source: indiatimes.com Dated: 2024-12-13
Sony Sports Network signs 3-year deal to telecast Hockey India League
Sony sports network (ssn) has secured a three-year deal to broadcast the hockey india league (hil) starting from the 2024-25 season. the multi-language broadcasts across various ssn channels aim to expand the league's reach throughout india. this partner
Tag: Industry India Source: indiatimes.com Dated: 2024-12-13
Wardwizard Innovations expects 30-35 pc sales from electric three-wheelers
Wardwizard unveils new electric two and three-wheelers. the company projects 30-35% of sales from e-three-wheelers. it aims to sell up to 42,000 units this fiscal year. the new high-speed e-scooter nemo starts at rs 99,000. new e-rickshaws for passenger
Tag: Industry India Source: indiatimes.com Dated: 2024-12-13
Credit costs for banks, NBFCs, MFIs expected to significantly rise
Careedge predicts rising credit costs for banks and microfinance companies, impacting profitability. microfinance companies could see credit costs reach 6.5% of their loan book. india's gdp growth is projected at 6.5% in fy25, rising to 6.7% in fy26. th
Tag: Industry India Source: indiatimes.com Dated: 2024-12-13
CCPA issues notices to 17 direct selling firms over 'unfair practices'
The central consumer protection authority (ccpa) issued notices to 17 direct selling companies for alleged unfair trade practices and violations of consumer protection rules. the ccpa is investigating companies like oriflame india and vihaan direct selling
Tag: Industry India Source: indiatimes.com Dated: 2024-12-13
Vivo increases presence in premium segment with 16% market share
Vivo's share in the premium smartphone segment (above ₹30,000) has surged from 2% in 2018 to 16% in 2024. this growth is fueled by a strong portfolio of high-end devices, particularly the v and x series. the company's latest x200 series, featuring a 200
Tag: Industry India Source: indiatimes.com Dated: 2024-12-13
Bengaluru developers face allegations of Rs 3,300 crore fraud
Bengaluru police have filed a case against ozone urbana infra developers and several banks for allegedly defrauding homebuyers of rs 3,300 crore. the developers are accused of misusing funds meant for a township project, leaving it only 49% complete after
Tag: Industry India Source: indiatimes.com Dated: 2024-12-13
Agrochemicals sector revenue expected to grow at 7-9 pc in FY26: Crisil
India's agrochemical sector is projected to grow 7-9% in fy2026, driven by steady domestic demand and recovering exports. while pricing pressures and low realizations persist, operating margins are expected to improve slightly. companies will prioritize b
Tag: Industry India Source: indiatimes.com Dated: 2024-12-13
Isha Ambani-led Reliance Retail unveils a new range of Home Theatre TVs
Reliance retail has partnered with harman to launch six new 'made in india' bpl home theatre led tvs. these tvs offer an enhanced audio experience using harman's audioefx technology and ai algorithms, aiming to provide a cinematic experience at home. they
Tag: Industry India Source: indiatimes.com Dated: 2024-12-13
Indus Towers to acquire 26% in JSW Green Energy Eight
Indus towers is set to acquire a 26% stake in jsw green energy eight for rs 38.03 crore. this investment will enable indus to procure 130 mw of renewable energy from a solar power plant under a captive mode agreement. the deal, expected to close by march
Tag: Industry India Source: indiatimes.com Dated: 2024-12-13
Alkem Lab promoter buys sea-facing luxury apartment in Mumbai’s Worli for Rs 185 cr
Seema singh, part of alkem laboratories' promoter group, purchased a 14,000 sq ft luxury apartment on the 30th floor of lodha sea face in mumbai’s worli for rs 185 crore. this is the second-largest luxury apartment deal in mumbai in 2024. singh, wife of
Tag: Industry India Source: indiatimes.com Dated: 2024-12-13
Apple to assemble AirPods in India for the first time, starting 2025
Apple is poised to commence airpods assembly in india by early 2025, diversifying its supply chain away from china. foxconn will handle production at a new facility near hyderabad, with trial runs already underway. this strategic move aims to tap into indi
Tag: Industry India Source: indiatimes.com Dated: 2024-12-13
Nestle's added sugar per serving for baby products complies regulations: Health Minister J P Nadda
Union health minister j p nadda informed lok sabha that nestle's baby product complies with india's 2020 food safety regulations for added sugar. following a swiss ngo report, inspections at manufacturing sites confirmed the product met standards aligned
Tag: Industry India Source: indiatimes.com Dated: 2024-12-13
Flying from Delhi? IndiGo announces terminal changes for some flights. Check details
Delhi airport shifts flights to terminal 1 to ease congestion at terminal 2. indigo and spicejet flights are affected. terminal 1 partially reopened after a june incident. repairs are planned. this follows last winter's fog-related landing issues. the
Tag: Industry India Source: indiatimes.com Dated: 2024-12-13
Oyo's valuation at $ 4.6 billion after Nuvama Wealth acquires Rs 100 crore stake
Oyo's valuation reached .6 billion after nuvama wealth's recent share acquisition. founder ritesh agarwal also bought back shares. the company's profitability continues to improve, projecting a threefold increase in net profit for fy2025 after acquirin
Tag: Industry India Source: indiatimes.com Dated: 2024-12-13
Railways must focus on raising passenger earnings: Parliamentary Committee
A parliamentary committee has urged indian railways to boost revenue, especially from ac classes, to offset losses in the passenger segment. while acknowledging the need for affordable general class travel, the committee emphasized aligning ac fares with
Tag: Industry India Source: indiatimes.com Dated: 2024-12-13
NCLT order frees assets of 60 parties in Gitanjali Gems case after SFIO drops charges
The sfio dropped charges against 60 individuals and entities, including nirav modi's family and punjab national bank, in the gitanjali gems fraud case. proceedings continue against mehul choksi and nirav modi. the nclt lifted restrictions on the discharge
Tag: Industry India Source: indiatimes.com Dated: 2024-12-13
Civil aviation minister unveils centenary celebrations logo of Kolkata airport
Civil aviation minister ram mohan naidu kinjarapu launched the centenary celebrations logo of kolkata's netaji subhas chandra bose international airport. the event, held in new delhi, marked 100 years of the airport's service. naidu highlighted the airport
Tag: Industry India Source: indiatimes.com Dated: 2024-12-13
Why Premji-Ranjan Pai are betting millions on Akasa Air
Akasa air, a new budget carrier, is securing substantial investment from prominent family offices amidst a challenging indian aviation sector. despite industry losses and competitive pricing, akasa aims to expand its fleet and network, fueled by this new f
Tag: Industry India Source: indiatimes.com Dated: 2024-12-13
FMCGs, beware! The coming year could be another hurdle for India’s consumer market
India's urban middle class is curbing spending due to job scarcity and inflation, impacting the consumer goods sector. while rural demand holds strong, it's unlikely to fully offset the urban decline without policy intervention. fmcg companies face margi
Tag: Industry India Source: indiatimes.com Dated: 2024-12-13
Passenger vehicle dispatches to dealers rise 4 pc in Nov at 3,47,522 units: SIAM
Total three-wheeler dispatches also witnessed a 1 per cent year on year dip to 59,350 units in november, society of indian automobile manufacturers (siam) said in a statement.
Tag: Industry India Source: indiatimes.com Dated: 2024-12-13
ISG gets RBI nod to operate as payment aggregator
In-solutions global (isg), backed by jp-morgan, has received full payment aggregator authorisation from the reserve bank of india. this allows isg, which already processes over 28 billion transactions annually for over 70% of indian banks, to broaden its
Tag: Industry India Source: indiatimes.com Dated: 2024-12-13
FanCode inks broadcast deal with MSSA
Fancode expands its partnership with the mumbai school sports association (mssa) to broadcast key inter-school sporting events. beyond the harris shield u-16 cricket tournament, coverage will include the giles shield cricket, athletics, hockey, and footba
Tag: Industry India Source: indiatimes.com Dated: 2024-12-13
SpiceJet clears Rs 160.07 cr employee provident fund dues
Spicejet has cleared rs 160.07 crore in pending employee provident fund (pf) dues accumulated over two years, along with other statutory liabilities like tax deducted at source (tds), goods and services tax (gst), and employee salaries. the airline raised
Tag: Industry India Source: indiatimes.com Dated: 2024-12-13
India need not spend resources on large language model, says Nandan Nilekani
Nilekani advises against costly language models. he champions investment in core infrastructure like ai cloud computing. gupta argues for building foundational models. he cites aadhaar as an example of successful foundational projects.
Tag: Industry India Source: indiatimes.com Dated: 2024-12-13
LICO Materials opens battery recycling facility; to invest Rs 250 crore in hydrometallurgy biz
Lico materials launched a 4 gwh battery recycling plant in bengaluru, aiming to boost india's ev adoption. the company plans to invest ₹250 crore in a hydrometallurgy plant within the next two to three years, scaling recycling capacity to 10 gwh and proc
Tag: Industry India Source: indiatimes.com Dated: 2024-12-13
New Air India experience! What's inside amenity kits for passengers
Air india has launched new amenity kits for long-haul passengers in first, business, and premium economy classes. first and business class kits, designed by ferragamo, include luxury skincare products and a reusable bag. premium economy receives tumi kits
Tag: Industry India Source: indiatimes.com Dated: 2024-12-13
No problem with Adani funding Colombo Port project with own resources: Sri Lankan minister
Sri lanka's ports minister bimal rathnayaka expressed support for the adani-led consortium's deep-water container terminal at colombo port, noting its importance for revenue generation. adani ports will fund the project through internal resources, bypassin
Tag: Industry India Source: indiatimes.com Dated: 2024-12-13
India has an inherent expertise to increase population & automobile numbers: Nitin Gadkari
Transport minister nitin gadkari highlighted india's expertise in increasing both population and automobile numbers, especially in cities like delhi, where parking is scarce. he emphasized the need to strengthen public transport to reduce car numbers. gadk
Tag: Industry India Source: indiatimes.com Dated: 2024-12-13
Istanbul Indigo Flight Fiasco: Airline leaves 400 flyers grounded without food, accommodation for over a day
Hundreds of passengers on indigo flights connecting istanbul to delhi and mumbai have been stranded at istanbul airport for over a day due to prolonged delays. travellers criticised the airline for inadequate communication, lack of food, and absence of pro
Tag: Industry India Source: indiatimes.com Dated: 2024-12-13
Ambuja Cements commissions 200 MW solar power in Khavda, unlocking 70% savings in power cost
Ambuja cements has launched its 200 mw solar power project in khavda, gujarat, part of a larger 1 gw renewable energy initiative. the remaining 806 mw, including wind and additional solar projects, are slated for completion by june 2025. this move aims to
Tag: Industry India Source: indiatimes.com Dated: 2024-12-13
Evolution of diabetes management: A holistic approach
Managing diabetes effectively requires a comprehensive lifestyle change beyond blood sugar monitoring. regular screenings, exercise, stress management, and quality sleep are crucial. weight control and understanding genetic and environmental factors also
Tag: Industry India Source: indiatimes.com Dated: 2024-12-13
SBI Mutual Fund: HDFC Bank, RIL and Infosys among top 10 stock holdings in November
Sbi mutual fund, india's largest fund house, had rs 11.09 lakh crore aum in november 2024. its top holdings included hdfc bank, icici bank, reliance industries, infosys, and bharti airtel. the fund house made minor adjustments to its portfolio in november,
Tag: Mutual Fund India Source: indiatimes.com Dated: 2024-12-13
NFO Update: Motilal Oswal Mutual Fund launches arbitrage fund
Motilal oswal mutual fund has announced the launch of motilal oswal arbitrage fund, an open-ended equity scheme investing in arbitrage opportunities.
Tag: Mutual Fund India Source: indiatimes.com Dated: 2024-12-13
Tax-smart investing: How to use arbitrage funds to your advantage
Investors are turning to arbitrage funds for short-term gains with better tax efficiency than traditional savings accounts. these funds profit from market discrepancies, offering higher returns in volatile markets.
Tag: Mutual Fund India Source: indiatimes.com Dated: 2024-12-13
8 equity mutual funds receive over Rs 1,000 crore inflows in November
In november, 8 mutual funds received over rs 1,000 crore in inflows. motilal oswal midcap fund, parag parikh flexi cap fund, kotak emerging equity fund were among the top recipients.
Tag: Mutual Fund India Source: indiatimes.com Dated: 2024-12-13
Sectors that caught mutual funds’ attention in November: Here's the breakdown
Private banks had the highest weightage at around 16.8%, making it the top sectoral holding for mutual funds in november 2024.
Tag: Mutual Fund India Source: indiatimes.com Dated: 2024-12-13
Mutual Fund AUM reach an all-time high of Rs 67.90 lakh crore in November: AMFI
India's mutual fund assets grew to ₹68.08 lakh crore in november, driven by inflows into equity, debt, and hybrid funds. despite market volatility, investors continued their disciplined approach with steady sip contributions and interest in tax-saving e
Tag: Mutual Fund India Source: indiatimes.com Dated: 2024-12-13
13 mutual fund NFOs are open for subscription now. Here’s a breakup
Around 13 new funds are open for subscription now. mutual funds launch new funds to complete their bouquet of offerings.
Tag: Mutual Fund India Source: indiatimes.com Dated: 2024-12-13
HDFC Bank, SBI, RIL among 7 stocks owned by more than 500 mutual fund schemes in November
"favorite stocks" refers to those with the highest number of mutual fund scheme holdings. according to data from ace mf, here are the top 7 stocks owned by over 500 mutual fund schemes in november.
Tag: Mutual Fund India Source: indiatimes.com Dated: 2024-12-13
Suzlon Energy, and Adani Ports among 19 stocks added by 7 mutual funds in November
Mutual funds adjust portfolios to optimize returns, with seven funds adding 19 new stocks in november.
Tag: Mutual Fund India Source: indiatimes.com Dated: 2024-12-13
Year-ender 2024: Mutual funds’ cash pile rose by Rs 70,000 crore in 2024 to Rs 1.80 lakh crore
Sbi mutual fund's cash allocation rose by ₹15,906 crore in 2024, increasing from ₹16,746 crore in january to ₹32,652 crore in november. the cash share of total holdings also grew from 3.1% at the end of 2023 to 4.67% in november.
Tag: Mutual Fund India Source: indiatimes.com Dated: 2024-12-13
Top 5 midcap mutual funds to invest in December 2024
Etmutualfunds has shortlisted five top-performing midcap mutual funds based on rolling returns, consistency, & downside risk. these include axis midcap fund, pgim india midcap opportunities fund, invesco india midcap fund, kotak emerging equity fund,
Tag: Mutual Fund India Source: indiatimes.com Dated: 2024-12-13
Sensex up 5,330 points since November lows. What should mutual fund investors do?
With sensex's recent surge, a mutual fund expert advises a diversified investment approach. this includes allocating to gold, silver, debt instruments, and equities via sips. investors are urged to continue investments despite market fluctuations, utiliz
Tag: Mutual Fund India Source: indiatimes.com Dated: 2024-12-13
Best value funds to invest in December 2024
According to mutual fund managers, investors should invest a maximum of 20% in value mutual fundsfunds. they also should remember that the market may not always pay a premium for value stocks. when the market has scant regard for valuations, value funds wi
Tag: Mutual Fund India Source: indiatimes.com Dated: 2024-12-13
LIC MF may consider IPO once its AUM hits Rs 1 lakh crore: MD
Lic mutual fund might consider an ipo once its asset under management (aum) reaches the rs 1 lakh crore mark, which it was targeting by fy'26, a top official said on friday. at present, lic mf's aum was around rs 38,000 crore, a significant jump from rs 16
Tag: Mutual Fund India Source: indiatimes.com Dated: 2024-12-13
Global cenbank liquidity - from market headwind to tailwind?: McGeever
Global stocks have surged despite central bank liquidity drainage. as this reverses in 2025, with major economies easing policy and the fed potentially ending quantitative tightening, markets anticipate a liquidity boost. while the relationship between li
Tag: Share Markets India Source: indiatimes.com Dated: 2024-12-13
BSE in an uptrend for last 5 months; should you buy or book profits?
Tag: Share Markets India Source: indiatimes.com Dated: 2024-12-13
Trump trade adviser warns against currency manipulation as China mulls weaker yuan
Peter navarro, a top trade adviser to president-elect donald trump, warned against chinese currency manipulation. responding to reports of a potential yuan devaluation, navarro stated the trump administration would not tolerate such actions. he highlighte
Tag: Share Markets India Source: indiatimes.com Dated: 2024-12-13
Gold prices steady as focus turns to Fed's policy decision
Gold prices held steady as investors awaited the federal reserve's interest rate decision. prices saw a near 2% weekly gain despite a recent dip. market anticipates a rate cut, fueled by rising u.s. producer and consumer prices. european banks also cut
Tag: Share Markets India Source: indiatimes.com Dated: 2024-12-13
Sensex Today | Stock Market LIVE Updates: GIFT Nifty signals a negative start; Asian shares trade lower
Tag: Share Markets India Source: indiatimes.com Dated: 2024-12-13
Wall Street closes lower as investors assess data after recent gains
Wall street retreated thursday as investors weighed economic data before next week's federal reserve meeting. producer prices rose more than expected, while jobless claims increased. the nasdaq, after hitting a record high wednesday, fell, along with the
Tag: Share Markets India Source: indiatimes.com Dated: 2024-12-13
Asian stocks drop ahead of next week’s Fed meeting
Japanese and australian shares declined and equity futures for hong kong signaled losses after selling on wall street hit stocks and government bonds thursday. the nasdaq 100 slid 0.7% while the s&p 500 fell 0.5% as traders weighed higher-than-expected
Tag: Share Markets India Source: indiatimes.com Dated: 2024-12-13
RBI’s two-way operations to manage funds to sort out liquidity stress
A cut in cash reserve ratio (crr) by 50 bps to 4%, effective from december 14 in two phases, will infuse rs 1.16 lakh crore into the banking system.
Tag: Share Markets India Source: indiatimes.com Dated: 2024-12-13
Sebi issues warning letter to HDFC Bank
The warning letter dated december 9 was received by the bank on december 11. the stock, about a percentage point away from all-time highs, retreated 0.3% thursday, in line with the broader market.
Tag: Share Markets India Source: indiatimes.com Dated: 2024-12-13
GIFT Nifty down 85 points; here's the trading setup for today's session
The markets remained range-bound for the fourth consecutive session on wednesday, closing with minimal change. in today's trade, the markets may react to the us inflation data, which was the largest in seven months.
Tag: Share Markets India Source: indiatimes.com Dated: 2024-12-13
Stocks in news: Tata Motors, RIL, HAL, Zomato, Jk Tyre, JSW Energy
Russia's state oil firm rosneft has agreed to supply nearly 500,000 barrels per day (bpd) of crude to indian private refiner reliance in the biggest ever energy deal between the two countries.
Tag: Share Markets India Source: indiatimes.com Dated: 2024-12-13
IGI offers long-term play for investors keen on niche biz
The company's revenues grew at a cagr of 32.3% from ₹365 crore in fy22 to ₹638 crore in fy24. net profit rose at a cagr of 37.6% to ₹325 crore in fy24.
Tag: Share Markets India Source: indiatimes.com Dated: 2024-12-13
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