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

MahaRERA suspends registration of over 20,000 real estate agents

MahaRERA suspends registration of over 20,000 real estate agents

In the real estate sector, the property brokers and agents play a vital role as they are the link between a homebuyer and a developer. usually, a potential homebuyer receives primary project related information directly from these agents.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-05-23

RSIIL bags two projects worth Rs 4,900 crore from MSRDC to develop connecting Pune

RSIIL bags two projects worth Rs 4,900 crore from MSRDC to develop connecting Pune

Roadway solutions india infra ltd has won two infrastructure projects totaling rs 4,900 crore from msrdc. the projects are to enhance connectivity around pune. the company is the lowest bidder for the access controlled pune ring road project valued at rs
Tag: Industry India    Source: indiatimes.com   Dated: 2024-05-23

Godrej Properties sells around 650 flats for over Rs 2,000 crore in Noida

Godrej Properties sells around 650 flats for over Rs 2,000 crore in Noida

Realty firm godrej properties ltd announced the sale of 650 flats in noida, generating over rs 2,000 crore in revenue. this marked their successful launch in the city with the godrej jardinia project in sector 146. the project launched in may 2024 showed s
Tag: Industry India    Source: indiatimes.com   Dated: 2024-05-23

Godrej Properties sold homes worth Rs 2,000 crore in Noida project

Godrej Properties sold homes worth Rs 2,000 crore in Noida project

Sector 146 is a prominent upcoming residential corridor in noida. the area provides good connectivity to the upcoming jewar airport, as well as to the metro station, noida- greater noida expressway and yamuna expressway.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-05-23

Reliance’s Tira lays foundation using AI tools to push into India's glossy beauty market

Reliance’s Tira lays foundation using AI tools to push into India's glossy beauty market

Reliance industries ltd.’s tira, a new venture in india’s beauty sector, leverages ai for personalized experiences like fragrance selection and skincare analysis. with 12 stores and online presence, tira competes with nykaa and tata group’s palette i
Tag: Industry India    Source: indiatimes.com   Dated: 2024-05-23

Six flights diverted after Goa airport runway affected by lightning strike

Six flights diverted after Goa airport runway affected by lightning strike

Six flights were redirected due to lightning striking the manohar international airport (mia) in goa. the lightning caused damage to the runway edge lights, as confirmed by an official. the airport, situated in mopa in north goa, was struck by lightning at
Tag: Industry India    Source: indiatimes.com   Dated: 2024-05-23

​Axis Mutual Fund: RIL, Tata Motors, HDFC Bank among top 10 stock holdings in April​

​Axis Mutual Fund: RIL, Tata Motors, HDFC Bank among top 10 stock holdings in April​

Here are the top 10 stock holdings of the fund house, according to a report by motilal oswal financial services.​
Tag: Mutual Fund India    Source: indiatimes.com   Dated: 2024-05-23

These 13 mutual funds decreased their foreign equity holdings in April

These 13 mutual funds decreased their foreign equity holdings in April


Tag: Mutual Fund India    Source: indiatimes.com   Dated: 2024-05-23

TV18 Broadcast, NMDC Steel among top 10 smallcap stocks that mutual funds sold in April

Every month mutual funds buy and sell securities to offer good returns to investors.
Tag: Mutual Fund India    Source: indiatimes.com   Dated: 2024-05-23

These 34 equity mutual funds double investors' wealth in three years

Around 34 equity mutual funds have doubled investors' wealth in the last three years through schemes like motilal oswal midcap fund and small cap funds like quant small cap fund and nippon india small cap fund.
Tag: Mutual Fund India    Source: indiatimes.com   Dated: 2024-05-23

Tata Mutual Fund warns investors of fake social media accounts

Tata mutual fund has issued a public caution notice to alert its investors, distributors, brokers, investment advisors, partners, and the public about fraudulent activities on social media platforms. the notice highlights the presence of fake websites, mob
Tag: Mutual Fund India    Source: indiatimes.com   Dated: 2024-05-23

Silver ETFs beat smallcap, largecap MFs with 26% return in 2024 so far

Silver etfs outperformed smallcap and largecap mutual funds in 2024, with a 26% return so far. silver funds, dedicated to investing in silver, delivered an average return of 26.08% in 2024, with top performers including hdfc silver etf and uti silver etf f
Tag: Mutual Fund India    Source: indiatimes.com   Dated: 2024-05-23

Best gilt mutual funds to invest in May 2024

Gilt funds are not recommended to regular debt investors because they are risky and volatile. gilt funds suffer the most when the rates go up. the bond prices and yields move in opposite directions. when the rates go up, bond prices come down. this drags d
Tag: Mutual Fund India    Source: indiatimes.com   Dated: 2024-05-23

MF Query: Planning for retirement? A 10% increase in SIP can double your portfolio value in 20 years

Devadas shenoy seeks sip guidance for retirement planning. girirajan murugan advises diversifying across styles, increasing sips annually for accelerated growth, and warns on sector funds' risk. strategic planning can optimize returns and mitigate risks ov
Tag: Mutual Fund India    Source: indiatimes.com   Dated: 2024-05-23

Crypto exchange CoinSwitch publishes third edition of proof of reserves

Assets held by peepalco, the parent brand of coinswitch, are in addition to these funds and are not included in the por assessment
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-23

Sensex, Nifty hit new highs; RBI bonanza, election optimism boost sentiment

The sensex ended the session at 75,418, with a gain of 1,197 points or 1.61 per cent, its biggest gains since march 1
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-23

Capital Group buys over 322,000 shares of IT firm Coforge for Rs 163 cr

Financial services company capital group on thursday bought shares of it company coforge for rs 163 crore through an open market transaction. us-based capital group through its affiliate new world fund inc acquired shares of coforge through a bulk deal on
Tag: Company India    Source: business-standard.com   Dated: 2024-05-23

Azad Engineering to build fully integrated advanced turbo engine for DRDO

Azad will start delivering fully integrated advanced turbo engines by early 2026
Tag: Company India    Source: business-standard.com   Dated: 2024-05-23

Tesla excludes delivery goal of 20 mn vehicles a year in impact report

Slowing growth in ev demand and tough competition have hit demand for tesla's vehicles
Tag: Company India    Source: business-standard.com   Dated: 2024-05-23

Segantii Capital to shut as insider trading charge draws redemptions

The executives said the hedge fund will wind down in a measured fashion, and deferred questions on compensation and jobs, the person added. the company said separately that it's suspending redemptions
Tag: Company India    Source: business-standard.com   Dated: 2024-05-23

Fortis Healthcare Q4 results: Net profits up 46.9%, revenue rises 8.7%

The company's revenue from operations rose to rs 1,786 crore in q4 fy24, an 8.7 per cent y-o-y rise from rs 1,643 crore reported in q4 fy23
Tag: Company India    Source: business-standard.com   Dated: 2024-05-23

HCLTech to acquire certain assets of HPE's Communication Tech for 5 mn

It company hcltech on thursday said it will acquire certain assets of hewlett packard enterprise's communications technology group (ctg) for usd 225 million, about rs 1,874 crore, in an all-cash deal. as part of this agreement, approximately 1,500 employee
Tag: Company India    Source: business-standard.com   Dated: 2024-05-23

With expansion on mind, JSW Energy builds money purse, human capital

In april, jsw energy completed a fund raise of rs 5,000 crore through the qualified institutional placement (qip) route
Tag: Company India    Source: business-standard.com   Dated: 2024-05-23

Investments by PE, VC funds decline 35% in April to .4 bn: Report

The number of deals in april stood at 98, which was 56 per cent higher than the year-ago period, the report by ey, a consultancy firm, and industry lobby grouping ivca said
Tag: Company India    Source: business-standard.com   Dated: 2024-05-23

Boeing sees negative free cash flow in 2024 as deliveries remain sluggish

Top u.s. enforcement officials are also weighing whether to charge the company for violating an agreement that shielded it from prosecution stemming from previous jet crashes in 2018 and 2019
Tag: Company India    Source: business-standard.com   Dated: 2024-05-23

Air India announces salary hike, annual performance bonus for pilots

The new compensation structure, effective april 1, will see first officers and captains receive a monthly salary hike of rs 5,000, while commanders' pay will be raised by rs 11,000
Tag: Company India    Source: business-standard.com   Dated: 2024-05-23

Adani Group mcap rises to Rs 17.5 trn, highest since Hindenburg incident

Shares of flagship adani enterprises rose 8 per cent, followed by adani ports, which closed the day with a 4.7 per cent gain
Tag: Company India    Source: business-standard.com   Dated: 2024-05-23

ICRA Q4 results: Net profit up 21.8% to Rs 47 cr, total revenue rises 13.7%

For financial year fy24, its consolidated net profit rose to rs 152.24 crore up from rs 136.72 crore in fy23
Tag: Company India    Source: business-standard.com   Dated: 2024-05-23

National Grid to raise bln in biggest UK rights issue since 2009

National grid's 7 billion pounds rights issue for energy networks aligns with uk's decarbonisation goal. ceo john pettigrew assures stable regulatory framework. shares drop over 10% amid political risk concerns in the sector.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-05-23

Gold slips to over one-week low on hawkish Fed, US data

Gold prices fell on thursday due to concerns over u.s. rate cut timings and strong u.s. business activity, with spot gold declining 1.4% to ,346.07 per ounce. this was its lowest since may 14, as of 1557 gmt.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-05-23

Hargreaves Lansdown's biggest shareholder open to take company private, say sources

Peter hargreaves rejects a 4.67 billion pound takeover bid from cvc advisers and abu dhabi investment authority, deeming it undervalued.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-05-23

Household sentiment on jobs and incomes back at pre-Covid levels

The study also reveals that overall spending is primarily driven by essential expenditures, which are mostly price inelastic, while non-essential spending shows less alignment with price levels. the higher income groups displayed more optimism post-pandemi
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-05-23

Red Sea crisis driving up cost of white goods

The red sea conflict is causing a shortage of shipping containers, leading to challenges like contract cancellations due to the force majeure clause. shipping lines are adjusting to the situation post the financial year closure.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-05-23

SUVs roar on country roads as sales from rural India sees a spike

Hyundai motor's top three cars sold in rural india during january-april 2024 were all suvs, nudging out the small car grand i10 from the podium for the first time. suvs such as exter, venue, and creta accounted for two-thirds (67%) of hyundai's rural sales
Tag: Industry India    Source: indiatimes.com   Dated: 2024-05-23

Defence Ministry points gun at Godrej's housing project in Mumbai

The defence ministry has raised objections to a residential project undertaken by godrej properties in mumbai, demanding the suspension of work on the venture. with an estimated revenue potential of rs 7,000 crore, the project, known as godrej reserve, has
Tag: Industry India    Source: indiatimes.com   Dated: 2024-05-23

Govt working to block international spoof calls duping Indians

The indian cyber crime coordination centre (i4c) and the department of telecom (dot) are collaborating to block spoof calls originating from outside india, particularly those claiming digital arrests by agencies like the ncb or cbi. they are also partnerin
Tag: Industry India    Source: indiatimes.com   Dated: 2024-05-23

JSW Paints aims at matching industry-level profitability in 3-4 years

Jsw paints aims to match industry profitability levels in the next three to four years, targeting a 15-18% operating margin range. the paint-maker turned profitable at an operating level in 2023-24 with margins over 3% and crossed ₹2,000 crore in revenue
Tag: Industry India    Source: indiatimes.com   Dated: 2024-05-23

Hero Electric, Okinawa, Benling could be blacklisted from all govt schemes: Officials

Three electric vehicle makers, hero electric, okinawa, and benling india, face blacklisting from central schemes for not returning wrongly claimed benefits under the government's fame-ii scheme due to violations of local sourcing requirements by oems in 20
Tag: Industry India    Source: indiatimes.com   Dated: 2024-05-23

Avaada Energy bags 1,050 MWp solar project

Avaada energy has won a 1,050 mwp solar project through an ntpc-conducted auction, marking the largest single bid secured in the tender. the project, awarded at a tariff of inr 2.69 per kwh, is to be completed within 24 months of signing a 25-year power pu
Tag: Industry India    Source: indiatimes.com   Dated: 2024-05-23

Taro shareholders approve merger with Sun Pharma

The combined entity will enable the company to better serve the needs of patients, healthcare professionals and customers around the world, he added. upon completion of the merger, currently expected to close in around 35 days, taro will become a privately
Tag: Industry India    Source: indiatimes.com   Dated: 2024-05-23

Airlines dole out hikes and bonus after a good year

Indigo and air india announce salary hikes and bonuses for employees. indigo offers a 5% bonus to mark profitability in fy24, while air india hikes salaries and bonuses up to rs 1.8 lakh from april 1.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-05-23

Peak power demand breaches estimated 235-GW mark for May

India's peak power demand surpassed the estimated 235 gw mark on may 23 due to heat wave conditions. peak 'power demand met' reached 236.9 gw by 1500 ist, with the peak shortage yet to be analyzed.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-05-23

Warburg Pincus exits Apollo Tyres; pares entire stake for Rs 1,073 crore

Private equity major warburg pincus on wednesday exited apollo tyres by selling its entire 3.54 per cent stake in the tyre manufacturing company for rs 1,073 crore through open market transactions. us-based warburg pincus through its arm white iris investm
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-23

Sensex rises 267 pts, Nifty gains for 5th day on buying in RIL, Infosys

Benchmark sensex advanced 267 points while nifty closed higher for the fifth day in a row on wednesday amid buying in bluechips reliance industries and infosys amid mixed cues from global markets. the 30-share bse sensex climbed 267.75 points or 0.36 per c
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-23

Grasim Q4 revenue at record Rs 37,727 crore

While operating profit of the flagship company of the aditya birla group jumped by a little over a fourth to ₹6,196 crore during the quarter, also an all-time high, the net profit remained flat on year at ₹1,370 crore. adjusted for an exceptional item
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-05-23

Coforge launches QIP to fund acquisition

The company in a filing with bse said that the floor price for the issue is at ₹4,531.40 per equity share. in a recent interaction with et, sudhir singh, the ceo, said that the company will shell out 0 - 0 million, (or about ₹1,826 crore - ₹2,0
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-05-23

Fed officials back higher-for-longer rates

Minutes from the two-day federal open market committee gathering ending may 1 showed that, while participants assessed that policy was "well positioned," various officials mentioned a willingness to tighten policy further if warranted.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-05-23

Financial services, IT top on FPI selloff list in May

The construction sector witnessed foreign selling worth ₹3,811 crore in the first half of may after they bought shares worth ₹280 crore in april. oil & gas and fast-moving consumer goods (fmcg) also saw foreign selling worth ₹2,808 crore and ₹1
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-05-23

Are concerns over F&O retail activity overblown?

Options turnover in the total f&o turnover has been calculated on the basis of the premium and not the strike value (which is used by nse and bse to calculate their turnover officially).
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-05-23

RBI's Rs 2.1 lakh crore payout: When it all adds up to deliver a windfall to govt

At a time when some of the central banks in the advanced world have reported losses and negative equity, rbi will hand over a dividend cheque of more than ₹2.1 lakh crore to its sole owner, the government.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-05-23

PGCIL's Q4 net profit dips 3.6%

The total transmission assets of the company and its subsidiaries stood at 1,77,699 circuit km of transmission lines, 278 substations and 5,27,446 mva of transformation capacity.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-05-23

India in talks with Sri Lanka to acquire graphite mine block

Sri lankan graphite is considered among the purest in the world with more than 98% carbon content, said officials. india has also been in talks with other countries for procuring other critical minerals. "agreements have been signed with the democratic rep
Tag: Industry India    Source: indiatimes.com   Dated: 2024-05-23

Dell in talks with governments to tackle AI deepfakes, frauds

Dell technologies is collaborating with governments worldwide to address ethical concerns about ai, focusing on tackling deepfakes, frauds, and bias, as stated by jeff boudreau, the chief ai officer at dell technologies.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-05-23

PSBs ask US to route advisories via finance ministry

Executives from some of the top lenders, including state bank of india, punjab national bank and canara bank, met with a six-member us treasury delegation last month. the discussions focused on russian payments and a possible breach of the internationally
Tag: Industry India    Source: indiatimes.com   Dated: 2024-05-23

India only nation among top 5 to see growth in steel production

India is the only top five steel producing nation to see growth in production in april, while china, japan, and the united states experienced a decline. india's steel production rose by 3.6% in april, with a total of 49.5 million tonnes produced from janua
Tag: Industry India    Source: indiatimes.com   Dated: 2024-05-23

Ericsson hopeful of securing Vi deals: Nitish Bansal

Ericsson, the swedish telecommunications equipment manufacturer, anticipates securing 4g/5g contracts from vodafone idea (vi) in the near future, following the recent successful equity raise of over rs 20,000 crore by the struggling telecom company. nitin
Tag: Industry India    Source: indiatimes.com   Dated: 2024-05-23

... Admits Ireda's insolvency petition against Shri Saikrupa Sugar

Nclt ordered management transfer to irp/rp for shri saikrupa sugar during cirp. ireda sanctioned a loan of rs 121 crore in 2012, leading to the insolvency resolution process.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-05-23

Glitch in crew scheduling app hits Air India Express flights

Air india express faced a 15-hour delay when a pilot discovered he was trained on a different aircraft than the one assigned for his flight from riyadh to kochi. this incident adds to the challenges the airline is facing, including disruptions due to cabin
Tag: Industry India    Source: indiatimes.com   Dated: 2024-05-23

DCGI orders withdrawal of cancer drug Olaparib for certain treatments

The drug controller general of india has requested the withdrawal of astrazeneca's olaparib tablets for certain cancer treatments due to potential adverse effects.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-05-23

Vi fundraising may not click until new govt comes online

Vodafone idea (vi) plans to pause its fundraising activities until after the elections, awaiting clarity on the conversion of more statutory dues into equity by the new government. the company aims to raise up to ₹35,000 crore through debt and other faci
Tag: Industry India    Source: indiatimes.com   Dated: 2024-05-23

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