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

TCS, Infosys, Wipro see exit of 64,000 employees in FY24 amid low demand

TCS, Infosys, Wipro see exit of 64,000 employees in FY24 amid low demand

India's largest it services companies tata consultancy services, infosys and wipro saw a staggering 64,000 employees exiting in fy24, amid a weak demand environment globally and tighter tech spends by clients. wipro, which announced its q4 earnings on frid
Tag: Company India    Source: business-standard.com   Dated: 2024-04-19

BlackRock buys shares of two companies for Rs 207 crore via open market

BlackRock buys shares of two companies for Rs 207 crore via open market

Us-based asset manager blackrock on friday acquired shares of electrosteel castings and ptc india ltd for rs 207 crore through open market transactions. blackrock, through its affiliates ishares ii public ltd company - ishares global water ucits etf, ishar
Tag: Company India    Source: business-standard.com   Dated: 2024-04-19

Hindustan Zinc to continue to discuss demerger proposal with govt: CEO

Hindustan Zinc to continue to discuss demerger proposal with govt: CEO

Vedanta group company hindustan zinc will continue to engage with the centre on its proposal to split the company into different entities, a top official said. the statement comes amid the mines ministry rejecting hindustan zinc ltd's demerger plan. speaki
Tag: Company India    Source: business-standard.com   Dated: 2024-04-19

Amara Raja Infra bags 500 MW solar project from Greenko in Andhra Pradesh

Amara Raja Infra bags 500 MW solar project from Greenko in Andhra Pradesh

Amara raja infra pvt ltd on friday said it has secured a 700 mwp solar project from greenko in andhra pradesh. with the latest win, the order book of amara raja infra private limited (aripl) stands at rs 1,516 crore at the end of fy24, the company said in
Tag: Company India    Source: business-standard.com   Dated: 2024-04-19

Tata Group in talks to buy Pegatron's iPhone operations as soon as May

Tata Group in talks to buy Pegatron's iPhone operations as soon as May

Tata group is in the final stages of negotiations with pegatron to take a majority stake in the taiwanese firm's apple handset assembly operations in india
Tag: Company India    Source: business-standard.com   Dated: 2024-04-19

Vodafone Idea FPO picks momentum as institutional investors pour money

Vodafone Idea FPO picks momentum as institutional investors pour money

Debt-saddled telecom operator vodafone idea ltd's rs 18,000 crore follow-on offering (fpo) on friday picked up momentum with close to half of the issue being subscribed, largely by institutional investors. over rs 12,000 crore, including rs 5,400 crore fro
Tag: Company India    Source: business-standard.com   Dated: 2024-04-19

Air India cancels Dubai flights due to continued operational disruptions

Air India cancels Dubai flights due to continued operational disruptions

Air india cancelled its flights to and from dubai on friday due to continued operational disruptions at the airport in the emirates. passengers of air india who have booked the flights for travel till april 21 will be offered a one-time waiver on reschedul
Tag: Company India    Source: business-standard.com   Dated: 2024-04-19

Air taxi fare for Delhi-Gurugram to be 1-1.5x of Uber: Archer Aviation

Air taxi fare for Delhi-Gurugram to be 1-1.5x of Uber: Archer Aviation

He mentioned that the aim is to keep the air taxi service "very affordable," and the lower labor costs (for pilots, maintenance) in india will assist in achieving this goal
Tag: Company India    Source: business-standard.com   Dated: 2024-04-19

Jio Financial Services Q4 results: Net profit up 5.8% to Rs 311 crore

The total income of the entity, which is a holding company for businesses including lending, insurance broking, asset management etc., rose to rs 418 crore in q4fy24 from rs 414 crore in q4fy23
Tag: Company India    Source: business-standard.com   Dated: 2024-04-19

Wipro Q4 results: Profit declines 8%, guidance muted for next quarter

Fy25 q1 revenue growth forecast at -1.5 to +0.5%
Tag: Company India    Source: business-standard.com   Dated: 2024-04-19

Fortis opens 80-bed tertiary hospital in Bengaluru, invests about Rs 7 cr

Fortis hospital aims for an earnings before interest, taxes, depreciation, and amortisation (ebitda) growth of about 20 per cent
Tag: Company India    Source: business-standard.com   Dated: 2024-04-19

LIC's total premium grows 26%, highest among listed peers in March

State-owned life insurance corporation of india (lic) reported a 26.41 per cent increase in the total premium collected in march 2024 to rs 36,300.62 crore compared to rs 28,716.23 crore in the same month a year ago. lic was followed by sbi life insurance
Tag: Company India    Source: business-standard.com   Dated: 2024-04-19

NCLAT sets aside insolvency process against Dream 11 parent company

Section 10a deals with the suspension of initiation of insolvency process for any default arising on or after march 25, 2020, for a period of six months or extending to one year
Tag: Company India    Source: business-standard.com   Dated: 2024-04-19

HDFC AMC profit jumps 37% to Rs 1,943 crore in FY24, revenue up 19%

Revenue from operations surges 19% to rs 2,167 cr
Tag: Company India    Source: business-standard.com   Dated: 2024-04-19

AI code now on Air India Express's flights, Vistara later: Campbell Wilson

An airline's designator code is used for quick identification in flight reservations, ticketing, and baggage handling, making travel processes smoother and more efficient
Tag: Company India    Source: business-standard.com   Dated: 2024-04-19

Hindustan Zinc Q4FY24 results: Net profit dips 21% to Rs 2,038 crore

On hzl's earlier proposed move to demerge its businesses into separate entities, the company's management said hinges on the government deciding to go ahead with its offer for sale
Tag: Company India    Source: business-standard.com   Dated: 2024-04-19

Forget something? Uber's lost & found index may have the answer for you

The 2024 uber lost & found index showed that riders still keep forgetting the usual items - phone, keys, wallet - but many have left behind unusual, and sometimes questionable, items as well
Tag: Company India    Source: business-standard.com   Dated: 2024-04-19

Govt open to selling stake in GIC Re, LIC in FY24/25, says report

"the government has received good feedback in investor roadshows for gic, and is open to sell its 10% stake in tranches depending on its shares' value," the official said
Tag: Company India    Source: business-standard.com   Dated: 2024-04-19

Delhi continues its run as the most forgetful city: Uber Lost & Found Index

Over the last year, objects including phones, bags, wallets, and clothing top the list of items left in ubers across india
Tag: Company India    Source: business-standard.com   Dated: 2024-04-19

InterGlobe, Archer Aviation plan electric air taxis from CP to Gurugram

Archer aviation will supply 200 electric vertical takeoff and landing (evtol) aircraft that can carry four passengers besides a pilot
Tag: Company India    Source: business-standard.com   Dated: 2024-04-19

ABFRL board approves vertical demerger of Madura Fashion and Lifestyle biz

Abrfl to raise rs 2,500 crore equity capital within 12 months of demerger
Tag: Company India    Source: business-standard.com   Dated: 2024-04-19

Yoga camps for fee: SC upholds CESTAT order for tax on Patanjali Trust

In a setback to the patanjali yogpeeth trust, the supreme court on friday upheld an appellate tribunal's ruling that the organisation is liable to pay service tax for charging an entry fee for organising yoga camps, both residential and non-residential. a
Tag: Company India    Source: business-standard.com   Dated: 2024-04-19

Hyundai Motor India rolls out 'Grameen Mahotsav' in 16 new locations

Auto-maker hyundai motor india has expanded its 'grameen mahotsav' initiative to 16 new locations across the country, after the success of its inaugural event held in gujarat this month. the 'grameen mahotsav' initiative aims to further strengthen hmil's c
Tag: Company India    Source: business-standard.com   Dated: 2024-04-19

Life insurers log 15.6% growth in new biz premium in March, shows data

In the financial year ended march 31, 2024, nbp grew 2 per cent, mainly due to lic, which saw a decline of 4 per cent. private sector players reported a growth of 12 percent in fy24
Tag: Finance India    Source: business-standard.com   Dated: 2024-04-19

Housing financier Altum Credo raises mn from Z3Partners, Oikocredit

Affordable housing financier altum credo on thursday announced a usd 40 million (around rs 332 crore) fundraise in a round led by z3partners and impact investor oikocredit. the 2017-founded company said the series c round includes a usd 27 million fundrais
Tag: Finance India    Source: business-standard.com   Dated: 2024-04-19

Top-up home loans work best when repaid quickly; avoid overleveraging

Avoid overleveraging or using these funds to finance non-essential lifestyle expenses
Tag: Finance India    Source: business-standard.com   Dated: 2024-04-19

IREDA Q4 PAT up 33% YoY with rise in income

The finance cost of the non-banking financial company rose in tandem with the revenue to ₹847 crore. loan disbursement in the quarter was ₹12,869.35 crore up around 14% from the corresponding period last year.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-04-19

Yarn manufacturer Sanathan Textiles files for Rs 800 cr IPO papers with Sebi

Sanathan textiles plans an rs 800 crore ipo with equity and ofs. drhp includes pre-ipo placement details. operates polyester, cotton, and technical yarn divisions, set to list on bse and nse.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-04-19

Govt open to selling stake in GIC Re, LIC in FY24/25: Source

In fy 2024/25, india may sell a 10% stake in gic for about rs 57 billion. lic plans to offload 10% over 7 years and 25% over 10 years post its successful ipo.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-04-19

American Express Q1 Results: Profits jump 34%, helped by jump in new customers, higher spending

American express's q1 profits soared by 34%, fueled by increased cardmember spending and interest income growth. the company's revenue sources expanded, with a focus on attracting high-quality customers despite payment challenges.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-04-19

ET Market Watch: Financials lift Sensex 599 points higher despite IT selloff


Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-04-19

Sebi mulls framework for price discovery of investment cos trading below book value

Sebi's proposal for a special call-auction mechanism aims to address liquidity issues and improve fair price discovery in investment companies and investment holding companies with significant market price-book value gaps.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-04-19

These 6 stocks hit fresh 52-week highs; rallied up to 40% in a month

The importance of the 52-week high lies in indicating a stock's peak value over the preceding year, a crucial factor for traders and investors.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-04-19

Wipro ADRs jump 4% despite Q4 PAT decline, softer guidance

Wipro’s revenue from operations in the reporting period declined 4% yoy to rs 22,208 crore, compared with rs 23,190 crore in the corresponding period of last year.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-04-19

P&G Q3 Results: Co lifts annual profit forecast on strong US consumer demand, easing costs

​procter & gamble raised its annual profit forecast on lower commodity costs and as consumers, particularly in the united states and europe, kept buying its pricey tide detergent and dawn dish soap.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-04-19

Vodafone Idea FPO picks momentum as institutional investors pour money

Vodafone Idea FPO picks momentum as institutional investors pour money

Debt-saddled telecom operator vodafone idea ltd's rs 18,000 crore follow-on offering (fpo) on friday picked up momentum with close to half of the issue being subscribed, largely by institutional investors.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-04-19

Worsening US debt outlook seen more in gold and bitcoin than in bonds

Concern about the rapidly rising u.s. government debt is partly behind recent surges in gold prices and bitcoin, even as the treasury market so far remains relatively sanguine about the country's fiscal path, market observers say.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-04-19

HDFC AMC Q4 Results: Cons PAT jumps 44% YoY to Rs 541 crore; co declares Rs 70 dividend

Sequentially pat jumped 11% over rs 487.92 crore posted in q3fy24. meanwhile, the revenue jumped 3.60% on a quarter-on-quarter basis.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-04-19

Gold jumps Rs 400 to breach Rs 74k mark, silver hits fresh peak

Gold and silver prices soared to fresh record high levels on friday with the precious metal breaching rs 74,000 per 10 grams mark here on bullish global trends.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-04-19

Gold on track for weekly rise as Middle East risks loom

Gold prices held firm on friday, on track for a fifth consecutive weekly rise, as fears of further tit-for-tat retaliation between iran and israel triggered safe-haven demand.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-04-19

Wipro Q4 Results: PAT dips 8% YoY to Rs 2,835 cr; revenue guidance pegged at -1.5 to 0.5%


Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-04-19

Netflix slides 7% as move to end sharing user count sparks growth worries

Netflix added new customers in the first quarter, but its second-quarter revenue forecast missed market expectations of .54 billion late on thursday. it also decided not to report subscriber additions and average revenue per member from the first quarter
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-04-19

Nasdaq lags peers as Netflix, chip stocks drag; AmEx lifts Dow

Nasdaq and s&p 500 declined due to netflix's weak forecast. chicago fed president mentioned stalled inflation progress. j.p. morgan's manoukian noted strong growth. american express outperformed. iranian city attack affected markets.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-04-19

Ola Cabs plans 0 million IPO, to appoint banks soon: Report

Softbank-backed ola is india's answer to uber and plans to file papers for approval with the country's market regulator within three months, said the sources, who declined to be named as the matter is confidential.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-04-19

Exide Industries, Vodafone Idea among 5 stocks with top long unwinding

In friday's trading session, five stocks witnessed a top long unwinding,
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-04-19

Tata Group seeks waiver from RBI to avoid Tata Sons IPO: Report

If tata sons reorganises debt by repaying borrowing or transferring the holding in tata capital to another entity, it may get deregistered as a core investment company (cic) and upper-layer nbfc.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-04-19

Tech View: Nifty forms bullish reversal pattern. What traders should do next week

The psychological mark of 22,000 holds intermediate support, followed by strong support of the 21,800-21,700 subzone. on the higher end, the 20-dema placed at 22,300, followed by a bearish gap of 22,430-22,500, is likely to act as a daunting task in the ne
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-04-19

Aditya Birla Fashion approves Madura business demerger into separate listed entity

Under the proposal, a vertical demerger of madura fashion and lifestyle business will be executed and newly incorporated company named as aditya birla lifestyle brands ltd will be listed separately on completion of the demerger from abfrl. abfrl plans to r
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-04-19

IREDA Q4 PAT up 33% YoY with rise in income

The finance cost of the non-banking financial company rose in tandem with the revenue to ₹847 crore. loan disbursement in the quarter was ₹12,869.35 crore up around 14% from the corresponding period last year.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-19

Banks mull options on using iris scans for verifying transactions

The banks are in talks with reserve bank of india (rbi) among stakeholders, for using iris scans as ageing has been found to distort fingerprints or thumb impressions, making them less reliable for authentication, the people said.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-19

Archer and Interglobe plans air taxi to cut down travel time in Indian cities

California-based evtol company archer aviation plans to reduce travel time in india by 2026 to seven minutes, five times that of uber. evtols take off and land vertically, producing fewer emissions and potentially being quieter. archer has partnered with i
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-19

UP Board Result 2024: UPMSP to announce the Class 10, 12th results tomorrow at 2 p.m. Steps to check

Uttar pradesh madhyamik shiksha parishad will announce up board result 2024 on april 20 at 2 pm. results, pass percentage, top performers info available. students can check using roll numbers at upresults.nic.in.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-19

Is your personal data on Digi Yatra app safe? Authorities clarify

The digi yatra foundation has confirmed that the personal data of 3.3 million indian users of the digi yatra app is safe, as it does not store personally identifiable information (pii). the foundation also confirmed that the digi yatra technology infrastru
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-19

From Kirsten Dunst's dystopian thriller 'Civil War' to Vidya Balan's modern love chaos in 'Do Aur Do Pyaar': Movies to watch this weekend

This weekend offers a diverse cinematic experience with kirsten dunst's dystopian thriller "civil war," exploring a future america torn by conflict, and vidya balan's modern love chaos in "do aur do pyaar," a romantic comedy delving into the complexities o
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-19

NCLT dismisses homebuyers’ challenge to resolution plan in insolvency case

Nclt dismisses homebuyers' plea against monarch brookefields llp's resolution plan, granting 60% claim. coc's authority emphasized, limiting challenges by individual creditors. legal precedent supports plan's validity under the insolvency and bankruptcy co
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-19

Air India to soon have new crew management system

Air india is set to introduce a new crew management system called the cae crew management system in the next two weeks. the system will improve adherence to rostering rules, track training and qualifications, and enable faster recovery from scheduled disru
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-19

Hindustan Zinc to continue to engage with govt on demerger proposal: CEO

Hindustan zinc had earlier announced plans to spin off its businesses into separate entities, including zinc and silver, to increase its market capitalisation.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-19

SC allows Pernod Ricard's petition seeking lesser penalty for loss of liquor in transit

The issue before the apex court was on the applicability of the relevant rule for imposition of penalty - whether the madhya pradesh foreign liquor rules 1996 that existed when the violation occurred during the company’s license period of 2009-10 or the
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-19

Oil Min Hardeep Singh Puri discusses 'volatility in global market' with OPEC chief

Union minister hardeep singh puri discussed the global oil market's volatility and its impact on global energy supply stability. puri emphasized the need for market stability, affordability, and pragmatism. india, the third-largest oil importer globally, s
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-19

Tata in talks to buy Pegatron’s iPhone operations as soon as May

Tata group close to acquiring pegatron's iphone production in india, strengthening apple ties. negotiating majority stake in assembly near chennai. pegatron to assist tata with manufacturing expertise. modi offers financial incentives to boost apple output
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-19

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