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
Cumulative capex of airports expected to grow 12% at Rs 60,000 cr in 3 yrs: Report
Indian airports are projected to invest rs 60,000 crore by fy27, a 12% increase, to accommodate growing passenger traffic. this investment, largely debt-funded, will expand infrastructure and boost revenue through increased tariffs and non-aeronautical se
Tag: Industry India Source: indiatimes.com Dated: 2024-12-12
India's real estate sector flourishes in 2024: Record-breaking leases, strong sales, and robust investment driving growth
India's real estate market thrived in 2024, driven by record office leases, high residential sales, and foreign investments. key cities like bengaluru, hyderabad, and pune saw strong demand. the office sector excelled with 53.3 million sq. ft leased, and r
Tag: Industry India Source: indiatimes.com Dated: 2024-12-12
Govt to support telecom sector, Jyotiraditya Scindia says
India's telecom sector will see continued government support. the government wants four to five players in the industry. satellite communication will complement existing networks. this will help achieve full mobile coverage. the government welcomes new
Tag: Industry India Source: indiatimes.com Dated: 2024-12-12
Indian auto parts supplier Sona Comstar looks East for growth
Indian auto parts maker sona comstar is looking to expand into china, japan, and south korea. the company aims to shift its revenue focus towards these eastern markets as car sales stagnate in north america and europe. sona comstar is also diversifying i
Tag: Industry India Source: indiatimes.com Dated: 2024-12-12
Why is India's credit card market slowing down? New report reveals the trends
India's credit card market is slowing down, with fewer new cards issued and rising late payments. outstanding balances reached ₹3.3 lakh crore by june 2024, a slower growth than the previous year. late payments are increasing across all card categories,
Tag: Industry India Source: indiatimes.com Dated: 2024-12-12
Samsung accuses India antitrust body of detaining employees, seizing data unlawfully
Samsung claims the competition commission of india illegally seized data during a raid. the raid was part of an antitrust investigation into amazon and flipkart. samsung employees were detained, and their phones were searched. the company argues the cci's
Tag: Industry India Source: indiatimes.com Dated: 2024-12-12
Maruti Infrastructure receives EoI from Meinhardt Group for partnership
Maruti infrastructure has received an expression of interest from meinhardt group for a strategic partnership. the collaboration aims to provide solutions for building, industrial, infrastructure, sports, and recreation projects. maruti infrastructure's s
Tag: Industry India Source: indiatimes.com Dated: 2024-12-12
What travel destinations did Indians google the most in 2024?
As the year winds down, google has revealed its year in search 2024 insights, showcasing the destinations indians were most curious about. here are the highlights:
Tag: Industry India Source: indiatimes.com Dated: 2024-12-12
RMZ, CPPIB to invest 0 million to develop 11 acre commercial project in Mumbai
Rmz group and cppib are partnering to invest usd 750 million in a new commercial project in mumbai. the 3.74 million square foot 'rmz nexus' will be located on a 10.94-acre site and is expected to be completed by 2027. this marks rmz's entry into the mumb
Tag: Industry India Source: indiatimes.com Dated: 2024-12-12
Retailers urge FM and GST Council not to go for higher 35 pc tax rate
The indian sellers collective urges the finance minister and gst council to reject proposals for a 35% gst slab on certain products. they argue this will harm retailers, increase compliance issues, and fuel a parallel economy, ultimately benefiting chinese
Tag: Industry India Source: indiatimes.com Dated: 2024-12-12
India needs to build dense cities; relook at standards for building construction: Sanjeev Sanyal
Addressing a session on urban planning at the global economic policy forum 2024, organised by the confederation of indian industry, sanyal who is the member of the economic advisory council to the pm (eac-pm) called for a bottom-up approach to design new c
Tag: Industry India Source: indiatimes.com Dated: 2024-12-12
NCLAT appoints NBCC as consultant to complete Supertech's 16 housing projects at Rs 9,445 cr cost
Nbcc has been appointed to oversee the completion of 16 stalled supertech real estate projects, encompassing nearly 50,000 homes across four states. the project, estimated to cost around rs 9,500 crore, will bring relief to numerous homebuyers. nbcc's rol
Tag: Industry India Source: indiatimes.com Dated: 2024-12-12
India announces formula for classifying green steel
India's steel ministry has unveiled a three-tiered 'green steel' classification system. steel with under 2.2 tonnes of co2 emissions per tonne of finished steel is considered "green." the cleanest, "five-star," has under 1.6 tonnes of emissions, while "thr
Tag: Industry India Source: indiatimes.com Dated: 2024-12-12
TransUnion CIBIL elevates Bhavesh Jain as managing director and CEO
Transunion cibil has appointed bhavesh jain as its new managing director and ceo, succeeding rajesh kumar. jain, with a strong background at citi and kone, served as cibil's chief revenue officer for the past five years. his focus is on expanding credit ac
Tag: Industry India Source: indiatimes.com Dated: 2024-12-12
India steel industry in trouble because of cheap imports; capacity utilisation at 4-year low: ICRA
India's steel industry's capacity utilization is projected to fall below 80% in 2024-25 due to rising cheap imports, impacting domestic producers' market share. this decline follows three years of high utilization, robust investments, and manageable debt l
Tag: Industry India Source: indiatimes.com Dated: 2024-12-12
Reliance, Rosneft agree on biggest ever India-Russia oil supply deal
Russia's rosneft has agreed to supply 500,000 barrels per day of crude to india's reliance for 10 years in a deal worth approximately billion annually. this agreement, which accounts for 0.5% of global supply, strengthens energy ties between india and
Tag: Industry India Source: indiatimes.com Dated: 2024-12-12
Adani Green Energy's arm commissions 250 MW solar project
Adani green energy twenty five ltd, a step-down subsidiary of adani green energy ltd (agel) has commissioned a 250 mw solar power project at badi sid, in jodhpur, rajasthan, according to the filing.
Tag: Industry India Source: indiatimes.com Dated: 2024-12-12
Why standard motor insurance isn’t enough for EVs
Electric vehicle (ev) insurance add-ons are crucial for comprehensive coverage. zero depreciation, roadside assistance, and return to invoice cover protect against high repair costs and total loss. battery protection safeguards the expensive ev battery,
Tag: Industry India Source: indiatimes.com Dated: 2024-12-12
SC to hear CCI plea seeking transfer of Amazon, Flipkart cases to apex court or Delhi HC
The competition commission of india (cci) has urged the supreme court to transfer 24 writ petitions related to alleged anti-competitive practices by amazon and flipkart to a single high court, preferably delhi high court, to expedite hearings and avoid con
Tag: Industry India Source: indiatimes.com Dated: 2024-12-12
NLC India's first supercritical power plant starts commercial operation
Nlc india ltd (nlcil) announced that its first supercritical thermal power plant, the 1,980 mw ghatampur thermal power plant (gtpp) in uttar pradesh, has begun commercial operations. the first 660 mw unit completed its trial operation on december 7, 2024,
Tag: Industry India Source: indiatimes.com Dated: 2024-12-12
IHCL MD and CEO Puneet Chhatwal re-elected as chairman of FAITH
Puneet chhatwal, md and ceo of ihcl, has been re-elected as chairman of faith for the 2024-2026 term. ajeet bajaj and ajay prakash will serve as vice chairmen, rajiv mehra as general secretary, and kanwarjit singh sawhney as treasurer. the elected offici
Tag: Industry India Source: indiatimes.com Dated: 2024-12-12
‘Mitali Express’ stuck in Bangladesh brought back to Jalpaiguri amid ongoing crisis
Tag: Industry India Source: indiatimes.com Dated: 2024-12-12
Agro Tech Foods and Vindhya Telelinks among top 8 unique stocks held by mutual funds in November
These 8 stocks, sundaram finance holdings, vindhya telelinks, agro tech foods, vishnu prakash r punglia, tvs srichakra, privi speciality chemicals, sterling tools, and century enka, are unique picks by specific mutual funds. investors can explore these les
Tag: Mutual Fund India Source: indiatimes.com Dated: 2024-12-12
10 equity mutual funds offer over 40% SIP returns in 2024
In 2024, nearly 10 equity mutual funds delivered over 40% sip returns, while more than 150 funds achieved over 20% xirr on sip investments starting january 1, 2024.
Tag: Mutual Fund India Source: indiatimes.com Dated: 2024-12-12
7 mutual fund firms witnessed Rs 5,000 crore AUM growth in November. Here’s the breakup
Hdfc mf's aum increased by rs 12,699 crore to rs 7.97 lakh crore in november, up from rs 7.84 lakh crore in october.
Tag: Mutual Fund India Source: indiatimes.com Dated: 2024-12-12
HUDCO and Cochin Shipyard among 10 smallcap stocks added by 5 mutual funds in November
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Tag: Mutual Fund India Source: indiatimes.com Dated: 2024-12-12
NFO Update: Mirae Asset Mutual Fund launches two passive funds
Mirae asset investment managers (india) launched two passive funds focused on new-age consumption. the nfos close on december 20 and 26, respectively, and aim to capitalize on india's evolving consumption landscape driven by changing demographics and risi
Tag: Mutual Fund India Source: indiatimes.com Dated: 2024-12-12
Zomato, RIL, and BSE among stocks that mutual funds bought and sold in November
Here are the large, mid, and smallcap stocks that mutual funds bought and sold in november, according to the mutual fund insights report by nuvama alternative & quantitative research.
Tag: Mutual Fund India Source: indiatimes.com Dated: 2024-12-12
Mutual funds see Rs 8,995 crore inflow in mid and small cap funds in November. Should you allocate more?
Mid and smallcap funds saw nearly rs 9,000 crore inflows in november, outperforming large-caps. experts suggest strategic allocation across market caps, with mid and small-caps offering higher growth potential. elss funds also witnessed increased inflows
Tag: Mutual Fund India Source: indiatimes.com Dated: 2024-12-12
Best focused mutual funds to invest in December 2024
According to sebi norms, focused equity mutual fund schemes must invest in a portfolio of maximum 30 stocks. these schemes have no other restrictions when it comes to investing- like flexi cap schemes they can invest in any market capitalisations and secto
Tag: Mutual Fund India Source: indiatimes.com Dated: 2024-12-12
International Gemmological Institute garners Rs 1,900 crore from anchor investors ahead of IPO
Igi india, backed by blackstone, secured rs 1,900 crore from anchor investors, including government of singapore and leading mutual funds, a day before its ipo. the rs 4,225-crore ipo comprises a fresh issue and an ofs by blackstone's affiliate. igi plans
Tag: Share Markets India Source: indiatimes.com Dated: 2024-12-12
Ahead of Market: 10 things that will decide stock market action on Friday
Indian markets closed lower on thursday, with it stocks gaining due to expectations of a us rate cut. however, other sectors, especially banks and fmcg, declined. investors are awaiting indian inflation data to gauge the rbi's future rate actions. the mark
Tag: Share Markets India Source: indiatimes.com Dated: 2024-12-12
Modest growth seen for gold in 2025: World Gold Council
Wgc expects modest gold growth in 2025, contingent on central bank demand and financial conditions. stronger-than-expected central bank demand or a deterioration in financial conditions could drive upside. however, a reversal in monetary policy or a strong
Tag: Share Markets India Source: indiatimes.com Dated: 2024-12-12
US stocks open flat to lower after hot economic data
Wall street's main indexes opened flat to lower on thursday after the s&p 500 and the nasdaq ended the previous session on a positive note, while investors parsed through hot economic data ahead of the federal reserve's meeting.
Tag: Share Markets India Source: indiatimes.com Dated: 2024-12-12
Market Trading Guide: JB Chemicals, Autoline Industries are among stock recommendations for Friday
Indian markets closed lower on the weekly expiry day, dragged by bank stocks. nifty slipped below recent consolidation, indicating a potential short-term correction. the index is currently trading in a range of 24,470-24,700. a decisive break below 24,470
Tag: Share Markets India Source: indiatimes.com Dated: 2024-12-12
Capital Group exits Neuland Labs; sells 3.77 pc stake for Rs 756 crore
Financial services company capital group on thursday exited neuland laboratories by selling 3.77 per cent stake in the company for rs 756 crore through an open market transaction. neuland is a leading global api contract development and manufacturing organ
Tag: Share Markets India Source: indiatimes.com Dated: 2024-12-12
ECB cuts key deposit rate by 25 bps to 3% amid concerns of tepid growth, impact of Trump trade policies
The european central bank lowered its benchmark interest rate by a quarter-point to 3% amid concerns about slowing economic growth, political instability in france, and the potential for new u.s. import tariffs under president-elect trump. the move aims t
Tag: Share Markets India Source: indiatimes.com Dated: 2024-12-12
Bajaj Finance bets big on AI to drive growth, cut costs
Bajaj finance, a leading indian consumer financier, is implementing a five-year ai integration plan. this aims to boost customer engagement, revenue, and productivity while cutting costs. the company projects a significant increase in customer base and ma
Tag: Share Markets India Source: indiatimes.com Dated: 2024-12-12
These 10 IT stocks hit 52-week highs, rallied up to 60% in a month
Despite market decline, 10 bse it stocks hit 52-week highs. this indicates strong stock performance and potential future upside. investors often monitor such highs for investment opportunities.
Tag: Share Markets India Source: indiatimes.com Dated: 2024-12-12
Breakout Stocks: IT stocks in focus! How to trade Infosys, Wipro and HCL Technologies on Friday
Stocks hitting fresh highs on thursday included infosys, up nearly 1%, wipro, which closed flat after paring gains, and hcl technologies, up 0.2%.
Tag: Share Markets India Source: indiatimes.com Dated: 2024-12-12
Gold rises Rs 500 per 10 gm; silver at Rs 97,000 per kg
Gold prices climbed rs 500 to rs 80,900 per 10 grams in the national capital on thursday due to persistent buying by retailers and jewellers, according to the all india sarafa association.
Tag: Share Markets India Source: indiatimes.com Dated: 2024-12-12
Tech View: 100 DEMA to play key support for Nifty, buy on dips recommended. How to trade on Friday
The nifty retested the rounding bottom breakout at 24,540, undergoing a time-wise correction in recent days. once complete, an upward move is expected, with key support at the 100-dema near 24,350.
Tag: Share Markets India Source: indiatimes.com Dated: 2024-12-12
Top 7 smallcap stocks that have rallied over 250% in CY24
The bse smallcap index surged 35% in cy24, outperforming the sensex's 13% rise. among the rally, 98 smallcap stocks became multibaggers, with seven gaining over 250%.
Tag: Share Markets India Source: indiatimes.com Dated: 2024-12-12
Airports may hike capex to Rs 60,000 crore in 3 years
Indian airports are projected to increase capital expenditure to ₹60,000 crore over the next three fiscal years to accommodate a surge in passenger traffic. revenue is expected to grow by 17% annually, driven by increased passenger flow, higher tariffs,
Tag: Industry India Source: indiatimes.com Dated: 2024-12-12
India now an anchor market, says PepsiCo
Pepsico bets big on india for future growth. the company is restructuring its international beverages business. india is one of 13 key markets for pepsico. the snack and beverage giant faces competition in india. pepsico's india operations reported dou
Tag: Industry India Source: indiatimes.com Dated: 2024-12-12
Premji-Ranjan Pai family offices to board Akasa with big stake buy
Akasa air is securing a 0-140 mn investment from a consortium led by premji invest and claypond capital. the jhunjhunwala family is also reinvesting, maintaining their majority stake. the funds will support akasa's expansion plans and aircraft pre-deli
Tag: Industry India Source: indiatimes.com Dated: 2024-12-12
Malls feel the chill as brands start winter sale early
Mall operators are urging retailers to postpone their end-of-season sales to january. several retailers began discounting early due to concerns about unsold winter inventory and a shorter shopping season. this early start impacts mall revenues as they op
Tag: Industry India Source: indiatimes.com Dated: 2024-12-12
Onus must be on banks to fund green energy projects: Renewable energy secretary Prashant Kumar Singh
Renewable energy secretary prashant kumar singh advocated for a green energy financing obligation on banks, highlighting their limited funding of renewable energy projects compared to nbfcs. he emphasized the need for a ₹30 lakh crore investment in the s
Tag: Industry India Source: indiatimes.com Dated: 2024-12-12
US to hike tariffs on imports of Chinese clean energy products
The notice from the us trade representative's office said tariffs on chinese-made solar wafers and polysilicon will rise to 50% from 25% and duties on certain tungsten products will increase from zero to 25%, effective on jan. 1, following a review of chin
Tag: Industry India Source: indiatimes.com Dated: 2024-12-12
Govt gives LoAs to 4 entities to avail incentives for coal gasification projects
The indian government awarded four entities over rs 4,150 crore in incentives for coal gasification projects. these projects, spearheaded by cil-bhel, cil-gail, coal india, and new era cleantech, will produce ammonium nitrate, synthetic natural gas, and e
Tag: Industry India Source: indiatimes.com Dated: 2024-12-12
FinMin asks banks to closely monitor cases in NCLT, NARCL to minimise procedural delays
The finance ministry urged banks to expedite bad loan resolutions through narcl and nclt by minimizing delays. an integrated portal is being developed for seamless information flow on nclt cases. narcl has acquired 22 accounts worth ₹95,711 crore and ind
Tag: Industry India Source: indiatimes.com Dated: 2024-12-12
Rajiv Bajaj’s Rishabh Family Trust buys bungalow, land in Pune for Rs 72 crore
The rishabh family trust, linked to bajaj auto md rajiv bajaj, recently purchased a sprawling 1.15-acre estate in pune's koregaon park for rs 72 crore. the property features a large bungalow and outhouse, reflecting a growing trend of high-end property in
Tag: Industry India Source: indiatimes.com Dated: 2024-12-12
JK Tyre to get 30 mn euros long term loan from German entity
Jk tyre & industries secured a €30 million loan from germany's deg to expand its passenger car radial tyre facility in madhya pradesh. the €114 million project will boost the company's market presence and sustainability efforts, including using bi
Tag: Industry India Source: indiatimes.com Dated: 2024-12-12
Irdai wants insurers to diversify policy distribution channels: Official
The insurance regulatory and development authority of india (irdai) is urging insurers to diversify their distribution channels, reducing reliance on parent banks. some insurers sell over 75% of policies through their parent banks. while recognizing the
Tag: Industry India Source: indiatimes.com Dated: 2024-12-12
Centre sanctions over 2,800 CISF troops for new airports in Navi Mumbai, Noida
The indian government has deployed over 2,800 cisf personnel to secure the upcoming noida and navi mumbai international airports. navi mumbai airport will receive 1,840 personnel, while noida airport will get 1,030. this initial deployment is for the firs
Tag: Industry India Source: indiatimes.com Dated: 2024-12-12
Bajaj Finance's five year plan has a deep AI focus
Bajaj finance, a leading indian consumer financier, is implementing a five-year ai integration plan. this aims to boost customer engagement, revenue and productivity while cutting costs. the company projects a significant increase in customer base and mar
Tag: Industry India Source: indiatimes.com Dated: 2024-12-12
GNPA of PSBs declines to 3.12 pc in Sep from peak of 14.58 pc in Mar 2018: FinMin
Indian public sector banks' gross non-performing assets fell to a 10-year low of 3.12% by september 2024, aided by government reforms. profitability soared, with record net profits and increased dividend payouts. financial inclusion deepened with a surge
Tag: Industry India Source: indiatimes.com Dated: 2024-12-12
Bengaluru: BBMP to issue bulk new e-khatas to developers for new properties for ease of flat registration
The bruhat bengaluru mahanagara palike (bbmp) will soon issue e-khatas directly to developers for all units in new apartment and commercial buildings. this streamlines the process, eliminating the need for individual buyers to apply separately. the bbmp ha
Tag: Industry India Source: indiatimes.com Dated: 2024-12-12
Discoms outstanding dues decline 82 pc in over 2 years to Rs 24k cr
Power distribution companies' legacy dues have drastically decreased by 82% to ₹24,684 crore since june 2022. thirteen states initially reported ₹1,39,947 crore in arrears, which were restructured into emis. discoms have paid ₹1,15,263 crore, and t
Tag: Industry India Source: indiatimes.com Dated: 2024-12-12
Steel Ministry proposes 37% purchase preference to green steel in government tenders
India's steel ministry has proposed a green steel procurement policy, mandating up to 37% of government purchases to be low-carbon steel. a star-rating system will assess emissions, with five stars for the lowest. the ministry also announced a definition
Tag: Industry India Source: indiatimes.com Dated: 2024-12-12
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