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
Indian Oil, BPCL exceed their capex targets this year
Indian oil, the nation’s top refiner and fossil fuel retailer, has been spending on a variety of projects from refinery and petrochemical expansion to enhancing natural gas infrastructure, fuel marketing and new pipelines. it aims to raise its refining c
Tag: Industry India Source: indiatimes.com Dated: 2023-03-27
BMW plans to launch 19 car models in India this year; eyes double-digit growth
The car maker, which expects 2023 to be the best for it in terms of sales in the country so far, also aims for electric vehicles to account for about 15 per cent of its overall sales this year. the group also plans to introduce three bike models under the
Tag: Industry India Source: indiatimes.com Dated: 2023-03-27
Air India Express launches Goa-Dubai direct flight
Air india express, india's first international budget airline, on monday said it has commenced operations from goa international airport, with four weekly direct flights on the goa-dubai route. the first flight ix 840 took off at 1:00 am on monday with 148
Tag: Industry India Source: indiatimes.com Dated: 2023-03-27
IIL gets regulatory nod for measles-rubella vaccine
The mr vaccine was developed by hyderabad-based iil in exclusive partnership with vietnam's state owned center for research and production of vaccines and biologicals, also called polyvac, vietnam.
Tag: Industry India Source: indiatimes.com Dated: 2023-03-27
Buy GAIL; target of Rs 147: Motilal Oswal
Motilal oswal is bullish on gail recommended buy rating on the stock with a target price of rs 147 in its research report dated march 26, 2023.
Tag: Broker Recommendation India Source: moneycontrol.com Dated: 2023-03-27
5x in 5 financial years: Mkt share of discount brokers gains stock
Held sway over 57% of active clients in 11 months of fy23
Tag: Business Markets India Source: business-standard.com Dated: 2023-03-27
Street Signs: 200-day SMA for Nifty Bank, portfolio turnover, and more
The gauge for the performance of banking stocks - which also happens to have the highest weighting in the benchmark nifty50 index - last closed at 39,395
Tag: Business Markets India Source: business-standard.com Dated: 2023-03-27
A tenth of MF folios yet to comply with nomination rules ahead of March 31
As of end-february, total mf accounts was 144 million
Tag: Business Markets India Source: business-standard.com Dated: 2023-03-27
Our financial dependence on broking is now far lower: ICICI Securities CEO
Retail investor behaviour so far has been mixed in terms of market activity. indirect investment through mutual funds has improved significantly, said vijay chandok, md & ceo, icici securities
Tag: Company India Source: business-standard.com Dated: 2023-03-27
Specialty scale-up, product mix: Sun's medicine cabinet piques brokerages
In the near term, higher r&d costs and a recent acquisition to weigh on earnings growth
Tag: Company India Source: business-standard.com Dated: 2023-03-27
HFCL to partner private telcos, BSNL to deploy 5G services
Telecom equipment provider hfcl will partner with private telcos and state-run bharat sanchar nigam ltd (bsnl) to deploy its 5g private network solutions over the coming year, a senior executive said. the telecom-tech company has started presenting proof o
Tag: Industry India Source: indiatimes.com Dated: 2023-03-27
Housing sales likely to rise 14% in January-March: Anarock
Real estate consultant anarock, which tracks the primary (fresh sales) residential market, said the "bull run" continued in the housing segment of indian realty sector despite rise in interest rates on home loans, leading to highest quarterly sales in the
Tag: Industry India Source: indiatimes.com Dated: 2023-03-27
Manipal to buy AMRI Hospitals for Rs 2,400 crore
At present, it has nearly 8,300 beds across 28 hospitals. negotiations between manipal and emami had started in 2018 and, last year, manipal had agreed to buy amri for ₹1,800 crore. but the kolkata-based emami group backed out from the agreement, causing
Tag: Industry India Source: indiatimes.com Dated: 2023-03-27
Medi Assist to acquire Raksha Insurance TPA in expansion push
"this is the largest m&a deal so far in the tpa space. in fact, raksha will add almost 35% or more to our existing retail premiums. they will give us significant access to deeper parts of north, central and some deeper parts of western regions, making it t
Tag: Industry India Source: indiatimes.com Dated: 2023-03-27
High prices dent spending on daily essential products, says new Kantar study
Kantar said while there was a slight volume growth of fast moving consumer goods (fmcg) sales at 0.54% in january as compared to the previous year, it was purely driven by population growth of nearly 2.7%. in fact, fmcg consumption dropped by 2.9 kg in the
Tag: Industry India Source: indiatimes.com Dated: 2023-03-27
Jio, Airtel slam use of unlicensed spectrum for IoT & WiFi services
They said while telcos have spent top dollar on spectrum which can be used to offer iot services, non-telcos are using unlicensed airwaves to offer the same services, distorting the level playing field.
Tag: Industry India Source: indiatimes.com Dated: 2023-03-27
Telcos best suited to deploy private 5G networks: Jio, Airtel
"i (read: enterprise) need to make sure that i interface with the device manufacturers, i need to know how to run a telco network, i need to provide security and then create an intercom system... so i'm not really sure what they get out of investing all of
Tag: Industry India Source: indiatimes.com Dated: 2023-03-27
Phones priced around Rs 15,000 may speed up 5G adoption in India
The sweet spot of affordability of 5g smartphones will be the ₹10,000-15,000 price point in 2023, industry executives said, adding telecom companies and handset brands will have to work together to make devices affordable, which will be crucial to push a
Tag: Industry India Source: indiatimes.com Dated: 2023-03-27
SBI sells loan of Atibir Industries to CFM Asset Reconstruction Company
The all-cash sale indicates a recovery of 73 paise on a rupee of the principal amount outstanding for sbi. the bank had informed interested bidders that it would auction the loan under the swiss challenge method based on an anchor bid. cfm arc made the anc
Tag: Industry India Source: indiatimes.com Dated: 2023-03-27
Akasa will fly its first international flight before year-end, says CEO Vinay Dube
"we will have our first international flight before end of the year. we are not building a hub. that's not the bread and butter even of today's airlines in india. so while we will over time build connections, we are not looking at a hub concept. you could
Tag: Industry India Source: indiatimes.com Dated: 2023-03-27
Adani Group, Reliance Industries pull out of race to acquire SKS Power Generation
Nagpur-based sarda energy & minerals, delhi-based jindal power, public-sector utility ntpc, gujarat-based torrent power, and singapore-based vantage point asset management have submitted revised bids to take over sks under the corporate insolvency resoluti
Tag: Industry India Source: indiatimes.com Dated: 2023-03-27
Reliance Capital lenders fear recovery below liquidation value
Lenders of bankrupt reliance capital fear their loan recovery could fall below the liquidation value of `12,500-13,000 crore for the financial services company since both bidders, hinduja group and torrent investments, are reluctant to improve their offers
Tag: Industry India Source: indiatimes.com Dated: 2023-03-27
PVR, Inox merger was the only way to strengthen balance sheet: MD Ajay Bijli
A key priority for pvr-inox is improving margins through better capital and operating expenses, says md ajay bijli. in an interview with vinod mahanta and javed farooqui, bijli talks about the contours of the deal to merge the two firms that has created th
Tag: Industry India Source: indiatimes.com Dated: 2023-03-27
FPIs invest nearly Rs 7,200 crore in Indian equities in March so far
Excluding this, fpi activity in equities represents a strong selling undercurrent
Tag: Business Markets India Source: business-standard.com Dated: 2023-03-26
Markets to track factors in holiday week; may face volatility: Analysts
Stock markets may face volatility in a holiday-shortened week ahead amid monthly derivatives expiry, besides global factors and foreign fund trading activity would continue to dictate terms, analysts said. factors such as movement of global oil benchmark b
Tag: Business Markets India Source: business-standard.com Dated: 2023-03-26
Mutual fund investors get time till March 31 to nominate beneficiary
Existing mutual fund investors have time till march 31 to nominate a beneficiary or opt out of it by submitting a declaration form, failing which their folios will be frozen, and they will not be able to redeem investment. the securities and exchange board
Tag: Business Markets India Source: business-standard.com Dated: 2023-03-26
Five of top 10-firms lose Rs 86,447 cr in m-cap; Infosys, TCS, SBI hit hard
Five of the top 10 most valued firms together lost rs 86,447.12 crore in market valuation last week, with infosys, tata consultancy services and state bank of india taking the biggest hit. last week, the bse benchmark fell 462.8 points or 0.79 per cent. wh
Tag: Business Markets India Source: business-standard.com Dated: 2023-03-26
Etihad Airways resumes direct flights between Kolkata and Abu Dhabi
Etihad airways resumed flight services between kolkata and abu dhabi on sunday after three years, a statement said. the airlines will operate two flights a day, four days a week -- tuesday, thursday, friday and sunday -- from kolkata to abu dhabi, the neta
Tag: Company India Source: business-standard.com Dated: 2023-03-26
Our focus on satcom; leave Moon, Mars to others: Sunil Bharti Mittal
Oneweb launches its final 36 satellites, set to begin india ops in july-august
Tag: Company India Source: business-standard.com Dated: 2023-03-26
DGCA seeks details from Nepal authorities on AI, Nepal Airlines incident
Aviation regulator dgca has sought details from the nepal authorities regarding the incident of an air india and a nepal airlines aircraft coming close to a mid-air collision, according to a senior official. on friday morning, a nepal airlines plane coming
Tag: Company India Source: business-standard.com Dated: 2023-03-26
Only 15% insolvency cases reach resolution during October-December 2022
In 56 cases, the resolution plan was rejected for non-compliance and in the remaining 16 cases, the debtor contravened provisions of the resolution plan
Tag: Company India Source: business-standard.com Dated: 2023-03-26
CoC stares at liquidation as IIHL, Torrent pause bidding for next round
Reliance capital's lenders move to conduct a second round of auction is facing difficulties as the bidders are not said to be keen on another round under the insolvency resolution
Tag: Company India Source: business-standard.com Dated: 2023-03-26
Akasa Air launches two new flights from Lucknow to Goa, Ahmedabad
To offer seamless connectivity to the passengers flying out of chaudhary charan singh international airport (ccsia) here, akasa air on sunday launched two flights to goa and ahmedabad. with akasa air, the airport now has three airlines connecting lucknow w
Tag: Company India Source: business-standard.com Dated: 2023-03-26
Billionaire mining tycoon Anil Agarwal fights to clear Vedanta's debt
Vedanta's quest to raise cash comes during a rocky time for india's business elite. highly leveraged conglomerates are under increased scrutiny after a short seller accused gautam adani
Tag: Company India Source: business-standard.com Dated: 2023-03-26
Bharti-backed OneWeb's 36 satellites successfully launched from Sriharikota
This is oneweb's 18th launch and third this year. with this its overall constellation count has gone up to 618 satellites
Tag: Company India Source: business-standard.com Dated: 2023-03-26
Paytm gets extension from RBI for resubmission of PA license application
Rbi says firm can continue with its online payment aggregation business while it awaits centre's nod for investments from its parent firm one97 communication into paytm payments services ltd
Tag: Company India Source: business-standard.com Dated: 2023-03-26
OneWeb offering can match mobile services rates of west, not India: Mittal
Satellite communication service provider oneweb is able to match mobile services rates of western countries but its prices can't be at par with the "extremely low" tariff in india, company's executive chairman sunil bharti mittal said on sunday. with the l
Tag: Company India Source: business-standard.com Dated: 2023-03-26
Technical issues at Lufthansa delay operations at Frankfurt airport
Lufthansa's operations were disrupted on sunday at frankfurt airport because of technical problems, german news agency dpa reported. check-in systems on the airline's website and at the counter, as well as boarding, were affected at germany's biggest airpo
Tag: Company India Source: business-standard.com Dated: 2023-03-26
Crompton Greaves Consumer Electricals announces merger with Butterfly
Crompton greaves consumer electricals ltd (cgcel) and butterfly gandhimathi appliances have announced a merger to accelerate and smoothen the realisation of synergies of the combined business. this will also simplify corporate and governance structure and
Tag: Company India Source: business-standard.com Dated: 2023-03-26
Akasa wants to be nimble, efficient rather than have a label: CEO Dube
Flying in the indian skies for more than seven months now, akasa air wants to be nimble and efficient rather than have a label, which will sometimes pigeonhole the airline into doing and not doing certain things, according to its founder vinay dube. at the
Tag: Company India Source: business-standard.com Dated: 2023-03-26
Korean fund house Mirae Asset eyes Rs 1.5 trillion AUM by December
Mirae asset investment managers india hopes to close the current year with an aum of rs 1.5 lakh crore, up from rs 1.20 lakh crore in december 2022, on the back of aggressive growth in systematic investments plans and its forte of equity-linked funds. mira
Tag: Company India Source: business-standard.com Dated: 2023-03-26
Lexus India looks to expand customer base to de-risk biz; expand sales
Luxury carmaker lexus is looking to expand its customer base in india, enhance sales infrastructure as part of its strategy to grow sales in the country which is expected to see the premium segment return to pre-covid levels this year, according to a top c
Tag: Company India Source: business-standard.com Dated: 2023-03-26
From soft drinks to soaps, Ambani's Reliance unveils big price war plan
After stirring a price war in the soft drink segment with the relaunch of campa, billionaire mukesh ambani-led reliance has entered the personal and home care segment of fmcg, offering products at 30 to 35 per cent lesser price. experts say "the jury is ou
Tag: Company India Source: business-standard.com Dated: 2023-03-26
Zydus recalls over 55k bottles of generic drug used to treat gout in US
Drug firm zydus lifesciences is recalling over 55,000 bottles of generic medication in the us market due to failed impurities specifications. as per the latest enforcement report by the us food and drug administration (usfda), zydus pharmaceuticals (usa) i
Tag: Company India Source: business-standard.com Dated: 2023-03-26
Rlys order for supply of seats for Vande Bharat, not for coaches: Tata
The order placed by the railways is for the supply of seats and interior panels for vande bharat trains and "not to manufacture its coaches", a tata steel official has clarified. as part of the rs 225 crore order, tata steel will supply light-weight seats
Tag: Company India Source: business-standard.com Dated: 2023-03-26
RevFin targets financing 2 million electric vehicles in next 5 years
Electric vehicles (ev) financing digital platform revfin services is targeting to finance 20 lakh vehicles in the next five years, with an aim to grow three to four times every year, according to its ceo & founder sameer aggarwal. with the indian electric
Tag: Company India Source: business-standard.com Dated: 2023-03-26
RCap lenders in a fix as Hindujas retract revised Rs 8,950-crore offer
The revised hinduja stand has put indian lenders, with an exposure of rs 24,000 crore, in a spot as it was the hindujas offer which led to a call for second auction and litigation by the other bidder
Tag: Company India Source: business-standard.com Dated: 2023-03-26
RBI may opt for 25 bps interest rate hike in monetary policy meet: Experts
The two key factors which the committee will deliberate intensely while firming up the next monetary policy are elevated retail inflation
Tag: Finance India Source: business-standard.com Dated: 2023-03-26
Revised guidelines to digitise fund flow architecture in MPLADS
Developed by state bank of india, the portal is part of the revised guidelines that aim at facilitating real-time monitoring, increasing transparency and accountability
Tag: Finance India Source: business-standard.com Dated: 2023-03-26
Govt tells PSBs to monitor, make provision for companies' pledged shares
Directs banks to double down on comprehensive stress testing of portfolios at micro-cluster level
Tag: Finance India Source: business-standard.com Dated: 2023-03-26
Why debt funds may still score over bank FDs and bonds despite tax parity
Experts feel debt mfs will be more relevant in a falling interest scenario and work well for those who aren't sure about their investment horizon
Tag: Finance India Source: business-standard.com Dated: 2023-03-26
Stock Radar: Buy AB Capital for a target of Rs 163, says Shivangi Sarda
Tag: Share Markets India Source: indiatimes.com Dated: 2023-03-26
Ahead of Market: 10 things that will decide D-Street action on Monday
Stocks shook off a weak start and ended higher on wall street even as worries about banks on both sides of the atlantic continue to weigh on markets. the s&p 500 rose 0.6% friday, marking its second straight weekly gain. the dow jones industrial average an
Tag: Share Markets India Source: indiatimes.com Dated: 2023-03-26
Is gold the safest bet amid ongoing banking crisis and recession fears?
The sharp rally in prices was also associated with the uncertainty about the us fed’s rate hike moves. there were speculations that the crisis in the us banking sector would refrain fed from further rate hikes, which are usually supportive for gold-like
Tag: Share Markets India Source: indiatimes.com Dated: 2023-03-26
The collapse of Silvergate, SVB holds some lessons for Indian crypto industry
We believe there are two important aspects that need to be examined in this context — provision of good banking services to crypto entities and the importance of decentralised finance (defi).
Tag: Share Markets India Source: indiatimes.com Dated: 2023-03-26
ETMarkets Trade Talk | Options trading not a lottery ticket, avoid these 5 mistakes: Rahul Prajapati
"as an options trader, i believe in adapting my strategies to suit different market conditions. while my focus is on directional trading, i constantly explore and experiment with new strategies, leveraging my technical and derivative expertise to gauge mar
Tag: Share Markets India Source: indiatimes.com Dated: 2023-03-26
Mark Mobius on his outlook on India & best strategy to navigate turbulent market
For more such web stories click on the et icon below
Tag: Share Markets India Source: indiatimes.com Dated: 2023-03-26
Market Trading Guide: Cipla, Usha Martin among 7 stock recommendations for Monday
Tag: Share Markets India Source: indiatimes.com Dated: 2023-03-26
From Risk to Reward: The do’s and don’ts of investing in stock markets
The steadily rising number of demat accounts across both depositories aptly indicates this trend. the number of active demat accounts reached a record high of 11 core in january this year. multiple factors have contributed to this surge, including the ease
Tag: Share Markets India Source: indiatimes.com Dated: 2023-03-26
DeFi 2.0: New era of decentralized finance emerges with enhanced security, scalability, and interoperability
Defi 2.0 is ushering in the next wave of innovation, leveraging new technologies, security, cross-chain protocols, and nfts to build more powerful and scalable financial applications. get ready for the billion lives it will touch over the next 3-5 years.
Tag: Share Markets India Source: indiatimes.com Dated: 2023-03-26
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