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
AG&P to invest up to Rs 8K cr to expand city gas network
"ag&p pratham has invested billion across the authorized geographical areas for building the network as of december 2024. we plan to invest a further billion in the coming years to expand the infrastructure and facilitate the adoption of natural
Tag: Industry India Source: indiatimes.com Dated: 2024-12-19
ONGC in talks to buy Sprng Energy's 125MW operating solar asset
Shell acquired renewable energy platform sprng energy from private equity investor actis in august 2022 for an enterprise value of .55 billion. sprng then operated 2.1 gw of renewable energy assets. shell aims to stay invested in sprng energy while selli
Tag: Industry India Source: indiatimes.com Dated: 2024-12-19
ONGC in talks to buy Sprng Energy's 125MW operating solar asset
Shell acquired renewable energy platform sprng energy from private equity investor actis in august 2022 for an enterprise value of .55 billion. sprng then operated 2.1 gw of renewable energy assets. shell aims to stay invested in sprng energy while selli
Tag: Industry India Source: indiatimes.com Dated: 2024-12-19
Poonawalla Fincorp to implement artificial intelligence in human resource processes
The company, which saw a top management rejig earlier this year including appointment of new md and ceo arvind kapil who took charge in june, has undertaken an ai led transformation of talent acquisition. “ai is a critical development and one of the big
Tag: Industry India Source: indiatimes.com Dated: 2024-12-19
Bengaluru transport utility BMTC orders 148 electric buses from Tata Motors
Bangalore metropolitan transport corporation (bmtc) has expanded its electric bus fleet with an additional order of 148 tata starbus evs. this follows a successful deployment of 921 electric buses, achieving over 95% uptime. the 12-meter low-floor buses w
Tag: Industry India Source: indiatimes.com Dated: 2024-12-19
PDVSA and Reliance resume oil swap under US license, document shows
Venezuela's pdvsa and india's reliance industries have restarted an oil swap deal after a pause due to u.s. sanctions. a u.s. license granted in july allowed the resumption. pdvsa recently shipped nearly 2 million barrels of crude to india, receiving 500
Tag: Industry India Source: indiatimes.com Dated: 2024-12-19
InterGlobe Aviation to extend USD 43 mln loan to IFSC subsidiary
Indigo's parent company is set to provide a substantial loan to its subsidiary. the loan amounts to usd 43 million. this funding will enable indigo ifsc to acquire new aircraft. indigo ifsc is an aircraft lessor located at gift city. the loan agreement
Tag: Industry India Source: indiatimes.com Dated: 2024-12-19
GIFT City receives ISO 27001 certification for data protection
Gujarat international finance tec-city (gift city) has achieved iso 27001 certification for its robust information security management system. this accomplishment highlights gift city's dedication to upholding top-tier security standards, attracting globa
Tag: Industry India Source: indiatimes.com Dated: 2024-12-19
Airlines seek more time for revised flight duty norms; pilot bodies' seek implementation by Feb
Indian airlines want more time to implement new pilot duty rules. they say they need more crew and a system to manage pilot fatigue. pilot groups want the rules in place by february 15. the rules aim to reduce pilot fatigue. airlines say the changes will i
Tag: Industry India Source: indiatimes.com Dated: 2024-12-19
Tata Consumer Products denies reports on exit of Starbucks from India
Tata group refuted rumors of starbucks leaving india. starbucks operates 457 stores in india through a joint venture with tata. the company aims to reach 1,000 stores by fy28. starbucks india revenue grew but losses widened due to expansion. tata stated
Tag: Industry India Source: indiatimes.com Dated: 2024-12-19
Delhi High Court quashes Rs 176 crore VAT demand on Pawan Hans
The delhi high court overturned a rs 176 crore vat demand against pawan hans, a helicopter charter company. the court ruled that the agreements with various governments and entities for helicopter use did not constitute a "transfer of right to use" under t
Tag: Industry India Source: indiatimes.com Dated: 2024-12-19
CAG flags Rs 194 cr loss incurred by Oriental Insurance in FY20
India's government auditor unearthed costly mistakes. oriental insurance company lost rs 194 crore on a crop insurance scheme. they also lost rs 14.92 crore on an uninsured policy. sbi cards lost rs 19.65 crore due to poor credit checks. uti infrastructu
Tag: Industry India Source: indiatimes.com Dated: 2024-12-19
Tata Steel's Dutch plant gets year to clean up coke oven
Dutch regulators have threatened to shut down a key coke oven at tata steel's ijmuiden plant within a year if pollution isn't curbed. tata warned that closing the oven could jeopardize the entire steel plant, while arguing it had already made significant
Tag: Industry India Source: indiatimes.com Dated: 2024-12-19
Govt says 102 aircraft on ground due to supply chain issues
India's aviation sector faces headwinds with 102 grounded aircraft due to global supply chain disruptions. minister of state for civil aviation, murlidhar mohol, informed the lok sabha that these groundings stem from difficulties in procuring necessary par
Tag: Industry India Source: indiatimes.com Dated: 2024-12-19
NHPC plans to invest Rs 5,500 crore in renewable energy in Bihar
Nhpc plans to invest over rs 5,500 crore in bihar's renewable energy sector, including solar, floating solar, and storage projects. cmd raj kumar chaudhary highlighted the need for state government support in land acquisition and approvals, citing sjvn's
Tag: Industry India Source: indiatimes.com Dated: 2024-12-19
Increasing tax on EVs will make it difficult for electrification journey: Kia India MD & CEO
Kia india predicts 17% sales growth, targeting 3 lakh units in 2025. the company launched its new suv syros, with deliveries starting in february. kia aims to capture 20% of the compact and mid-suv segment. a potential ev tax hike poses a challenge.
Tag: Industry India Source: indiatimes.com Dated: 2024-12-19
US stocks dive after Fed cuts rates, signals slower easing pace in 2025
The fed cut rates by 25 basis points to the 4.25%-4.50% range and its summary of economic projections (sep) indicated it will make rate cuts totaling a half percentage point by the end of 2025 given the solid labor market and the recent stall in lowering i
Tag: Share Markets India Source: indiatimes.com Dated: 2024-12-19
Pre-market action: Here's the trade setup for today's session
"market sentiment remains cautious ahead of potential policy and tariff shifts from the incoming us administration. this caution is further influenced by india's premium valuation, which is significantly above the current earnings growth trajectory that ha
Tag: Share Markets India Source: indiatimes.com Dated: 2024-12-19
Stocks in news: ITC, IOL Chemicals, Ircon, SBI, Asian Paints
Vishu goel resigned as the associate vice president, retail sales, commercial & marketing of the company with immediate effect.
Tag: Share Markets India Source: indiatimes.com Dated: 2024-12-19
Asian stocks retreat as Fed sees fewer rate cuts
Shares in japan opened on a weaker note while australian stocks dropped around 2% and equity futures for hong kong were slightly lower. us stock futures were little changed after the s&p 500 suffered its biggest loss the day of a fed decision since 200
Tag: Share Markets India Source: indiatimes.com Dated: 2024-12-19
Rural stress hit microfin show, it could improve in FY26: Experts
Rural households have increasingly prioritised essential expenses and secured loan repayments over microfinance obligations in recent months, contributing to rising defaults. however, executives are optimistic about an improvement in the sector's performan
Tag: Share Markets India Source: indiatimes.com Dated: 2024-12-19
Sanathan Textiles may be suitable for the long term
Sanathan textiles generates 77% of its revenue from polyester yarn, 18% from cotton yarn, and 5% from technical textiles. with a 5% market share in india's polyester yarn industry, the company operates a manufacturing facility in silvassa with an annual in
Tag: Share Markets India Source: indiatimes.com Dated: 2024-12-19
Rupee hits a new low as Fed call looms
Dollar sales from local equities put further pressure on the currency. the reserve bank of india (rbi) likely intervened in the market to prevent excess volatility, traders said.
Tag: Share Markets India Source: indiatimes.com Dated: 2024-12-19
MobiKwik, Vishal Mega and Sai Life make strong D-Street debuts
Digital banking platform one mobikwik systems listed at rs 440, about a 57.7% premium to its ipo (initial public offering) price of rs 279 per share. the stock advanced 20% further to close at the day's highest tradable limit of rs 528.
Tag: Share Markets India Source: indiatimes.com Dated: 2024-12-19
Va Tech Wabag shares plunge 11% after Saudi order cancellation
Despite the setback, analysts view the correction as a buying opportunity, citing the company's strong order book of ₹11,900 crore and robust long-term growth prospects.
Tag: Share Markets India Source: indiatimes.com Dated: 2024-12-19
Grey market buzzing with flurry of public issues, improved sentiment
Grey market premiums (gmps) - the additional price investors are willing to pay over the ipo price in the grey market before the stock lists on the exchanges - of five ipos are trading at 8-44% above the issue prices, according to sources. a higher premium
Tag: Share Markets India Source: indiatimes.com Dated: 2024-12-19
Sebi tightens SME IPO rules, limits promoter OFS to 20%
The board of the capital-markets regulator approved a proposal to limit the offer for sale (ofs) by promoters in small and medium enterprises (sme) ipos to 20% of an issue size. it also said they cannot sell more than 50% of their holding in an ipo.
Tag: Share Markets India Source: indiatimes.com Dated: 2024-12-19
Dow crashes 500 points, Nasdaq down 2% after Fed cuts rates by 0.25% as expected
Wall street stumbled on wednesday, with major indices tumbling after the federal reserve implemented a quarter-point interest rate cut but hinted at a slower pace of future reductions. concerns over tariffs and a robust labor market contributed to the fed'
Tag: Share Markets India Source: indiatimes.com Dated: 2024-12-19
Inflation risks roughly balanced as rate cuts signal caution: Fed Chair Jerome Powell
Us federal reserve chair jerome powell highlighted a cautious outlook after the central bank cut key interest rates by 0.25% to 4.25% to 4.5%. inflation has eased but remains slightly elevated, with projections of 2.4% for this year and 2.5% for 2025
Tag: Share Markets India Source: indiatimes.com Dated: 2024-12-19
Fintechs seek RBI nod for credit line on UPI platform
Digital lending nbfcs have requested the reserve bank of india to allow them to offer pre-approved credit lines on the upi platform. they argue this will broaden access to low-cost, short-term credit, particularly for those new to credit, aligning with th
Tag: Share Markets India Source: indiatimes.com Dated: 2024-12-19
GMR Sports refinances Rs 1,000 crore debt via ADIA, Barclays
Gmr sports ventures refinanced ₹1,000 crore of debt through adia and barclays at a lower double-digit interest rate. the bonds, originally raised at 16%, were refinanced to reduce costs. this is part of gmr group's broader strategy to refinance debt acr
Tag: Share Markets India Source: indiatimes.com Dated: 2024-12-19
US Federal Reserve cuts key interest rates by 0.25%
The us federal reserve lowered interest rates by 0.25%. this is the third rate cut in a row. inflation has been rising recently. the fed's move comes before donald trump replaces joe biden as president. trump has proposed economic changes, including tariff
Tag: Share Markets India Source: indiatimes.com Dated: 2024-12-19
Tourism boom to spur 24% annual growth for 5 years
India's tourism sector is projected to surge over 24% annually for the next five years, fueled by economic growth and govt initiatives. the govt aims to address the demand-supply gap causing high costs and is encouraging states to develop affordable hotel
Tag: Industry India Source: indiatimes.com Dated: 2024-12-19
ICICI Bank and Times Internet launch Super-Premium Credit Card
Icici bank and times internet have launched a super-premium credit card, 'times black,' crafted from historic times of india printing plates. targeting ultra high-net-worth individuals, the card offers exclusive benefits like lounge access, reward points,
Tag: Industry India Source: indiatimes.com Dated: 2024-12-19
Fintechs seek RBI nod for credit line on UPI platform
Digital lending nbfcs have requested the reserve bank of india to allow them to offer pre-approved credit lines on the upi platform. they argue this will broaden access to low-cost, short-term credit, particularly for those new to credit, aligning with th
Tag: Industry India Source: indiatimes.com Dated: 2024-12-19
GMR Sports refinances Rs 1,000 crore debt via ADIA, Barclays
Gmr sports ventures refinanced ₹1,000 crore of debt through adia and barclays at a lower double-digit interest rate. the bonds, originally raised at 16%, were refinanced to reduce costs. this is part of gmr group's broader strategy to refinance debt acr
Tag: Industry India Source: indiatimes.com Dated: 2024-12-19
MCA slashes penalty on iPhone maker Wistron
Wistron infocomm manufacturing (india) and key personnel received a 72% penalty reduction from the corporate affairs ministry for failing to appoint a company secretary on time. the original penalty of ₹11.89 lakh was lowered to ₹3.35 lakh. wistron, n
Tag: Industry India Source: indiatimes.com Dated: 2024-12-19
NPPA ropes in patent office to decide on pleas for price cap exemption
India's drug pricing regulator, nppa, is increasing scrutiny of pharmaceutical companies seeking price exemptions. the nppa is collaborating with the indian patent office to evaluate applications, including those from intas pharmaceuticals and biological
Tag: Industry India Source: indiatimes.com Dated: 2024-12-19
High local cell prices may impact tariffs of solar projects: Crisil
Crisil market intelligence & analytics reports that high domestic solar cell prices, 1.5-2 times higher than chinese alternatives, could increase solar project costs and tariffs. domestic cell capacity is expected to quadruple by 2026, but timely commi
Tag: Industry India Source: indiatimes.com Dated: 2024-12-19
Pay-TV might be having a hard time now, but it's too early to write it off
India's pay-tv industry is facing a decline in subscribers, falling below 100 million for the first time in 30 years due to competition from ott platforms, dd free dish, and youtube. however, industry leaders remain optimistic, citing the value and reach o
Tag: Industry India Source: indiatimes.com Dated: 2024-12-19
Endurance Tech MD Jain buys bungalow in Delhi for Rs 130 crore
Anurang jain, managing director of endurance technologies, purchased a ₹130 crore bungalow in new delhi's kautilya marg. this adds to the surge in luxury home sales this year, with 58 ultra-luxury homes sold across delhi, mumbai, and hyderabad, reflecti
Tag: Industry India Source: indiatimes.com Dated: 2024-12-19
OTT regulation comes under I&B Ministry, says Jyotiraditya Scindia
Communications minister jyotiraditya scindia stated that regulating over-the-top (ott) platforms falls under the i&b ministry's jurisdiction. telecom operators are urging otts to share infrastructure costs, but otts argue this would stifle innovation.
Tag: Industry India Source: indiatimes.com Dated: 2024-12-19
Holiday rush: Most top-end hotels sold out for the year end despite rise in overseas travel
India's leisure destinations are experiencing a surge in year-end holiday bookings, with increased occupancies and higher room tariffs compared to last year. luxury hotels in rajasthan, including those owned by ihcl, are nearing full capacity, while goa a
Tag: Industry India Source: indiatimes.com Dated: 2024-12-19
Breakout Stocks: How to trade E.I.D. Parry India, Radico Khaitan and Coforge on Thursday
Investors favored it and pharma stocks, while selling off metal, capital goods, power, psu, and utility shares.
Tag: Share Markets India Source: indiatimes.com Dated: 2024-12-18
Tech view: Nifty forms red candle; 24,360 holds key for further upside. How to trade on Thursday
If nifty holds wednesday's low of 24,150, a rebound to 24,350 is possible. however, sustaining above 24,360 (100-dema) is crucial for further gains. below this level, traders should remain cautious, advises hrishikesh yedve of asit c. mehta investment inte
Tag: Share Markets India Source: indiatimes.com Dated: 2024-12-18
Two Sharp with ET: New friend in Nissan-Honda bonding, Market slump and weak rupee
Tag: Share Markets India Source: indiatimes.com Dated: 2024-12-18
Ghazal Alagh, Falguni Nayar among India’s top 10 women entrepreneurs in 2024: Hurun list
The hurun india 2024 report highlights top 10 women entrepreneurs in india that includes falguni nayar of nykaa, neha bansal of lenskart and ghazal alagh of mamaearth. these women have built successful startups and are shaping india's economic landscape.
Tag: Share Markets India Source: indiatimes.com Dated: 2024-12-18
These 5 companies report significant YoY growth in quarterly sales
A yoy surge in quarterly sales highlights strong business growth and rising demand. in the nifty 500, five companies saw over 50% sales growth in q2 fy24, per stockedge.com data.
Tag: Share Markets India Source: indiatimes.com Dated: 2024-12-18
Punjab & Sind Bank raises Rs 3,000 cr from maiden infrastructure bonds
State-owned punjab & sind bank on wednesday raised rs 3,000 crore from issuance of maiden infrastructure bonds aimed at expanding infra lending. the bank received total bids of rs 6,031 crore against the base issue size of rs 500 crore, punjab & si
Tag: Share Markets India Source: indiatimes.com Dated: 2024-12-18
Italian stationery maker FILA cuts stake in listed Indian unit DOMS
Italian stationery maker fila has initiated the sale of up to 4.57% of shares in its indian unit doms, it said on wednesday.
Tag: Share Markets India Source: indiatimes.com Dated: 2024-12-18
Gold falls Rs 200 to Rs 79,100 per 10 gm; silver rises Rs 500
Gold prices fell rs 200 to rs 79,100 per 10 grams in the national capital on wednesday amid a firm trend in international markets, according to the all india sarafa association. the precious metal of 99.9 per cent purity settled at rs 79,300 per 10 grams i
Tag: Share Markets India Source: indiatimes.com Dated: 2024-12-18
Sensex falls! But these stocks rallied over 15% on BSE in today's trade
In the nifty50 index, 17 stocks closed in the green, while 33 stocks ended in the red.
Tag: Share Markets India Source: indiatimes.com Dated: 2024-12-18
Share market update: Most active stocks in today's market in terms of volume
The nse nifty index closed 137.16 points down at 24198.85
Tag: Share Markets India Source: indiatimes.com Dated: 2024-12-18
Stock market update: Nifty Pharma index 1.09%
The nifty pharma index closed 1.09 per cent at 22314.55.
Tag: Share Markets India Source: indiatimes.com Dated: 2024-12-18
5 companies with over 15% sales surge in each of last 4 years
This trend reflects robust demand for products or services, strong customer loyalty, and adaptability to market dynamics. such steady growth signals reliability and long-term potential, making it attractive to investors and stakeholders.
Tag: Share Markets India Source: indiatimes.com Dated: 2024-12-18
What Zerodha's Nithin Kamath has to say about Sebi's push for retail algo trading
Sebi has proposed allowing retail investors to participate in algorithmic trading. this would require brokers to register and monitor algos, says zerodha's nithin kamath, adding that exchanges would also need to grant approval for their use.
Tag: Share Markets India Source: indiatimes.com Dated: 2024-12-18
Stock market update: Nifty Auto index 0.75%
The nifty auto index closed 0.75 per cent at 23241.25.
Tag: Share Markets India Source: indiatimes.com Dated: 2024-12-18
Stock market update: Power stocks down as market falls
The 30-share bse sensex closed down 502.25 points at 80182.2
Tag: Share Markets India Source: indiatimes.com Dated: 2024-12-18
Quant Mutual Funds 2024 Performance Decoded: What Investors Should Know
Tag: Share Markets India Source: indiatimes.com Dated: 2024-12-18
Stock market update: Fertilisers stocks down as market falls
The 30-share bse sensex closed down 502.25 points at 80182.2
Tag: Share Markets India Source: indiatimes.com Dated: 2024-12-18
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