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Top India NEWS. Stock Market NEWS Updated Daily

Top India NEWS. Stock Market NEWS Updated Daily

This NEWS section covers current news for stock markets. To view latest news about specific stocks, please browse to the desired stock pages. Click one of the exchanges in the menu above and then use the search box to find your desired stock.

Top India NEWS. Stock Market NEWS Updated Daily

Praj Industries consolidated net profit rises 43.53% in the June 2024 quarter

Sales decline 5.10% to rs 699.14 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-07-25

Pil Italica Lifestyle standalone net profit rises 25.83% in the June 2024 quarter

Sales rise 5.00% to rs 21.20 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-07-25

Swastik Safe Deposit & Investments standalone net profit declines 71.25% in the June 2024 quarter

Sales decline 8.70% to rs 0.21 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-07-25

Chinese markets slump to five month low

Meanwhile, hong kong's hang seng index tumbled 1.77 percent to 17,004.97 as chinese internet giants tracked losses in their u.s. peers.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-07-25

Quick Wrap: Nifty Metal Index registers a drop of 1.29%

Powered by capital market - live news
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-07-25

EQT Private Cap Asia exits RBL Bank, sells entire stake for Rs 1,091 cr

Eqt private capital asia, formerly known as baring private equity asia, on thursday exited rbl bank by selling its entire 7.89 per cent stake in the private sector lender for rs 1,091 crore through an open market transaction. eqt private capital asia throu
Tag: Company India    Source: business-standard.com   Dated: 2024-07-25

Byju's moves fresh plea before HC for stay on insolvency proceedings

The edtech firm has urged the court to stay the insolvency resolution process as well as the formation of the committee of creditors (coc)
Tag: Company India    Source: business-standard.com   Dated: 2024-07-25

BSNL income up at Rs 21,302 cr in FY24; records lowest debt among telcos

State-owned bsnl's total income increased by about 3 per cent to rs 21,302 crore in the financial year 2023-24, parliament was informed on thursday. minister of state for communications pemmasani chandra sekhar, in a written reply to the rajya sabha, share
Tag: Company India    Source: business-standard.com   Dated: 2024-07-25

Diageo India's CEO summoned by Delhi city police in liquor payments case

A spokesperson for diageo india confirmed receiving the delhi police notice and said the company would fully cooperate and was "in the process of providing the information sought"
Tag: Company India    Source: business-standard.com   Dated: 2024-07-25

Ramco Cements Q1FY25 results: Net profit down 51% to Rs 36.57 crore

The ramco cements ltd on thursday reported a 50.82 per cent decline in its consolidated net profit to rs 36.57 crore in the june 2024 quarter due to a fall in cement prices and weak demand amid the lok sabha polls. the company posted a net profit of rs 74.
Tag: Company India    Source: business-standard.com   Dated: 2024-07-25

United Breweries Q1 results: Net profit rises 27.5% to Rs 173.8 cr

Beer maker united breweries ltd, controlled by dutch multinational brewing company heineken nv, on thursday reported a 27.47 per cent rise in consolidated net profit to rs 173.80 crore for the first quarter ended on june 30. the company had posted a net pr
Tag: Company India    Source: business-standard.com   Dated: 2024-07-25

Motilal Oswal Financial Services Q1 result: Profit jumps 52% to Rs 1,021 cr

Motilal oswal financial services ltd (mofsl) on thursday posted its highest-ever quarterly profit of rs 1,021 crore for the april-june quarter of 2024-25, marking a 52 per cent jump from the year-ago period. the company reported a profit after tax (pat) of
Tag: Company India    Source: business-standard.com   Dated: 2024-07-25

UTI AMC Q1 result: PAT rises 9% to Rs 254 cr, total revenue from ops up 13%

Uti asset management company on thursday reported a nine per cent growth in profit after tax (pat) to rs 254 crore in the three months ended june 30, 2024. in comparison, the company had posted a pat of rs 234 crore in the same quarter a year ago, uti amc
Tag: Company India    Source: business-standard.com   Dated: 2024-07-25

No evidence of systems being compromised: Cryptocurrency platform WazirX

A 'multisig' or multisignature wallet is a crypto wallet that requires two or more private keys to unlock and withdraw funds
Tag: Company India    Source: business-standard.com   Dated: 2024-07-25

Funding winter for startups may end with angel tax abolition: DPIIT Secy

A system of quarterly disbursement is in place for many sectors, except for few, such as food processing, where it is not feasible, he says
Tag: Company India    Source: business-standard.com   Dated: 2024-07-25

HDFC Bank rolls out fixed deposit scheme with higher interest rates

The bank has indicated that it will grow its advances slower than its deposits to bring down its elevated credit-deposit ratio
Tag: Company India    Source: business-standard.com   Dated: 2024-07-25

Thyrocare expands Northern India presence with Polo Labs acquisition

This move will lead to thyrocare integrating polo labs' 14 laboratories spread across punjab, haryana, and himachal pradesh into its existing network
Tag: Company India    Source: business-standard.com   Dated: 2024-07-25

LT Foods Q1 result: Profit up 13% to Rs 155.3 cr, revenue up 16.4%

Lt foods ltd on thursday reported a 13 per cent increase in consolidated net profit to rs 155.28 crore for the first quarter ended on june 30, 2024. it had reported a net profit of rs 137.44 crore for the april-june quarter a year ago, according to a regul
Tag: Company India    Source: business-standard.com   Dated: 2024-07-25

Adani Energy posts Rs 823 cr net loss in Q1 amid Dahanu divestment decision

Operational earnings before interest, taxation, depreciation and ammortisation (ebitda), the company said, rose 30 percent to rs 1628 crore
Tag: Company India    Source: business-standard.com   Dated: 2024-07-25

Vedanta Aluminium, NITI Aayog hold stakeholder meet on red mud utilisation

Vedanta aluminium in partnership with niti aayog held a high-level stakeholder meeting to identify sustainable applications for red mud, a key byproduct in the bauxite refining process for making aluminium, a release said on thursday. the experts congregat
Tag: Company India    Source: business-standard.com   Dated: 2024-07-25

Airtel Africa's net profit down to million in first quarter of FY25

Continuing devaluation of african currencies and higher finance costs remain drags
Tag: Company India    Source: business-standard.com   Dated: 2024-07-25

Unilever spells out strategy behind the first quarter volume growth

Hindustan unilever's chief financial officer, ritesh tiwari, also said while talking about advertising spend, that the company continued to invest competitively in its brands
Tag: Company India    Source: business-standard.com   Dated: 2024-07-25

DLF Q1FY25 results: Profit increases 23% to Rs 645.61 cr on higher income

Total income rose to rs 1,729.82 crore during the april-june period of this fiscal from rs 1,521.71 crore in the corresponding period of the previous year, according to a regulatory filing
Tag: Company India    Source: business-standard.com   Dated: 2024-07-25

12,000 4G sites up, BSNL targets nationwide 4G rollout by year-end

4g sites up in all metro cities & most state capitals, 5g service by early-2025
Tag: Company India    Source: business-standard.com   Dated: 2024-07-25

S&P upgrades Vedanta Resources rating on improving capital structure

S&p global ratings on thursday said it has upgraded the rating of mining conglomerate vedanta resources ltd to 'b' from 'ccc+' on improving capital structure and liquidity. "we believe vedanta resources ltd has sufficient internal resources to meet debt ma
Tag: Company India    Source: business-standard.com   Dated: 2024-07-25

Airtel Africa reports million net profit for Q1, revenue drops 16%

Bharti airtel's africa unit airtel africa has reported a consolidated net profit of usd 7 million for the june 2024 quarter against a usd 170 million loss in the year-ago period. its net profit was primarily impacted by the usd 80 million of exceptional de
Tag: Company India    Source: business-standard.com   Dated: 2024-07-25

Skill ministry launches revised loan scheme, up to Rs 750K per student

The new credit guarantee scheme has now also been extended to nbfcs, mfis and sfbs
Tag: Finance India    Source: business-standard.com   Dated: 2024-07-25

Company fixed deposit rates' terms, tenure collected in one table

Comprehensive insights into ratings and returns offered by various players over different horizons
Tag: Finance India    Source: business-standard.com   Dated: 2024-07-25

Non-reporting of foreign moveable assets up to Rs 20 lakh decriminalised

Be cautious, taxman could still come after you for wilfully withholding information
Tag: Finance India    Source: business-standard.com   Dated: 2024-07-25

Avoid extra loans to borrowers with over Rs 200,000 MFI exposure

The enhanced guidelines must be issued to lending institutions to protect the interests of the microfinance sector and specifically its clients
Tag: Finance India    Source: business-standard.com   Dated: 2024-07-25

ITR filing: How to correct errors in your ITR using discard ITR feature

The discard itr option acts as a delete option for income tax returns that have been filed but are waiting for verification
Tag: Finance India    Source: business-standard.com   Dated: 2024-07-25

DLAI adds former RBI execs to advisory council, aims for SRO-FT recognition

An sro is a non-governmental organisation that acts as a bridge between industry players and the regulator. it also sets standards for the conduct of entities operating in the country
Tag: Finance India    Source: business-standard.com   Dated: 2024-07-25

Morgan Stanley, Societe Generale buy shares worth Rs 447 crore in RBL Bank via block deals

Morgan stanley asia singapore pte and societe generale purchased 1.25 crore and 71 lakh shares of rbl bank respectively, worth rs 447 crore in total via a block deal. the shares were sold by maple ii bv at rs 228 per share, reducing its stake by 7.89% in r
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-07-25

ET Market Watch: Sensex & Nifty end lower, metal sector bleeds, oil & gas shines

Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-07-25

Standard Glass Lining IPO: Company files DRHP, to raise Rs 250 crore via fresh issue

The company, which manufactures specialised engineering equipment for pharmaceutical and chemical sectors in india, will raise the funds through a 100% book building process. it will use proceeds from this offer for capital expenditure, repayment of some e
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-07-25

Ahead of Market: 10 things that will decide stock action on Friday

Wall street on thursday saw a stark divergence from the previous day as smaller and previously neglected market sectors surged, contrasting with declines among big tech giants.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-07-25

Go Digit Q1 results: PAT jumps 74% YoY to Rs 101 crore, AUM rises by 33%

The assets under management in the april-june 2024 quarter stood at rs 17,773 crore up from rs 13,337 crore in q1fy24. it was a 33% year-on-year jump. on a sequential basis, the aum grew by 12.7% compared to rs 15,764 crore as at march 31, 2024.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-07-25

Diamond Power Infrastructure Q1 Results: Net profit grows to Rs 16.55 crore

During the period under review, expenses surged to rs 207.28 crore from rs 68.99 crore a year ago.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-07-25

Ujjivan Small Finance Bank Q1 Results: PAT down 7% at Rs 301 crore

Provisions for the quarter were over four-fold higher at rs 110 crore against rs 26 crore in the year-ago period. the bank's gross non-performing assets ratio stood at 2.52% at the end of june as compared with 2.23% three months back and 2.62% a year back.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-07-25

DLF Q1 Results: PAT at Rs 646 crore on strong sales booking

“we launched the second phase of our luxury project in new gurugram- privana west, which witnessed strong demand momentum and consequently was entirely sold-out clocking rs 5,600 crore of new sales bookings,” dlf said in a statement.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-07-25

Home First Finance Company Q1 Results: Net profit up 27% at Rs 88 crore

Its assets under management grew 35% on year to rs. 10,478 crores, while loan disbursement grew 30% on year to rs. 1,163 crores. about 86% of its portfolio comprises housing loans with average ticket size of rs 11.6 lakh.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-07-25

These 10 stocks hit a 52-week high and rallied up to 25% in a month

India's sensex fell by 109 points to end at 80,039 on thursday. despite the decline, 10 stocks in the bse100 index reached their highest prices in the past year.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-07-25

VST Industries bonus: Radhakishan Damani stock to issue shares in 10:1 ratio

Vst industries' board of directors on monday approved the issue of bonus shares in the ratio of 10:1. the company will be issuing ten new bonus equity shares for each existing equity share and has fixed friday, august 30, 2024 as the record date to determi
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-07-25

Rupee strengthens as dollar weakens, ends at 83.69 against USD

The rupee strengthened moderately on thursday, before touching a new low of 83.72, due to weaker dollar index, stronger asian currencies like the chinese yuan and japanese yen and likely intervention from the reserve bank of india.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-07-25

Sebi proposes guidelines for credit rating agencies to include detailed reasons for rating actions

Markets regulator sebi on thursday proposed guidelines for credit rating agencies (cras) to include detailed reasons for rating actions, especially in cases of default and upgrades of default ratings. in its consultation paper, the regulator has recommende
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-07-25

AU Small Finance Bank Q1 Results: PAT up 30% to Rs 503 crore, NII up 54%; to apply for universal banking licence

The bank has received its board approval for applying for the coveted license. the board has also formed a committee of directors to vet the application. the committee includes chairman hr khan, independent directors pushpinder singh and ms sriram and mana
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-07-25

US stocks open muted after strong US GDP data

U.s. indexes opened steady on thursday, buoyed by robust economic growth data following a downturn influenced by megacap stocks the previous day. the dow fell slightly to 39,828.63, the s&p 500 edged up to 5,428.70, and the nasdaq rose to 17,352.64 at
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-07-25

Adani Energy Solutions Q1 Results: Company posts a net loss of Rs 1,191 crore

Adani energy solutions (aesl), formerly adani transmission ltd, on thursday, reported a consolidated net loss of rs 1191 crore against a profit of rs 182 crore for the quarter ended june 30. the loss was on account of an exceptional item.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-07-25

Canara Bank Q1 Results: PAT up 10% at Rs 3,905 crore

Lower provisions helped state-owned canara bank to report a 10.5% rise in net profit for the june quarter at rs 3905 crore against rs 3535 crore seen in the year-ago quarter.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-07-25

DLF Q1 Results: Consolidated PAT jumps 23% YoY to Rs 646 crore, revenue falls 4%

Realty major dlf ltd on thursday reported 23% growth in its consolidated net profit at rs 646 crore for the first quarter. it was rs 527 crore in the last year quarter.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-07-25

Gold Price Today: Yellow metal prices fall by Rs 1,350/10 gram, silver crashes by over Rs 4,000/kg. Here’s why

Domestic gold prices fell by 2%, or rs 1,350 per 10 grams on thursday, following international trends. silver prices also dropped sharply by nearly 5%. the dip came as investors awaited us economic data that could influence federal reserve rate cuts. the m
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-07-25

Westlife Foodworld Q1 Results: Net profit declines 88% to Rs 3.25 crore

Westlife foodworld, operator of mcdonald's restaurants in west and south india, on thursday reported an 88.72 per cent decline in its consolidated net profit to rs 3.25 crore for the june 2024 quarter on account of subdued in-store business and higher roya
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-07-25

Reliance Retail's Swadesh stitches up pact with Falguni Shane

Reliance retail’s ethnic handicrafts initiative, swadesh, has launched its first partnership with luxury designer label falguni shane peacock. this collaboration, which may expand into a deeper strategic alliance, aims to enhance swadesh's ethnic handicr
Tag: Industry India    Source: indiatimes.com   Dated: 2024-07-25

General Atlantic, other PE funds in talks for majority stake in AIMS

General atlantic and kkr are among several private equity firms vying for a majority stake in faridabad-based asian institute of medical sciences (aims), valued at approximately ₹1,500 crore. other interested parties include growtheum capital and eversto
Tag: Industry India    Source: indiatimes.com   Dated: 2024-07-25

Emami likely to acquire 100% stake in The Man Company

Emami ltd considered acquiring the remaining 49.6% stake in helios lifestyle, which owns the man company brand. emami already had a 50.4% stake after previous investments. analysts noted the man company boosted emami's earnings, becoming ebitda positive an
Tag: Industry India    Source: indiatimes.com   Dated: 2024-07-25

Rising population the biggest driver of rural demand

A new report by kantar reveals that the demand for fast-moving consumer goods (fmcg) in rural india has been primarily driven by population growth rather than increased consumption. from 2004 to 2023, rural fmcg growth averaged 3.4% annually, surpassing ur
Tag: Industry India    Source: indiatimes.com   Dated: 2024-07-25

Singapore firm gets NCLT nod to buy Alchemist Infra Realty

The tribunal directed vantage point asset management to furnish the updated bank guarantee, which should remain valid till the implementation of the resolution plan. the resolution professional had received claims of about rs 1,293 crore and admitted claim
Tag: Industry India    Source: indiatimes.com   Dated: 2024-07-25

Hinduja Leyland Finance to go public via reverse merger with NXTDigital

The merger will make hlf an nbfc, said km balaji, chief financial officer, ashok leyland. the current book value of hlf is rs 3,200 crore-based on ashok leyland's holding rate of rs 60 per share in the balance sheet but when it gets listed, it could be muc
Tag: Industry India    Source: indiatimes.com   Dated: 2024-07-25

Hindustan Zinc eyes gains from hard-to-extract critical minerals

Hindustan zinc is controlled by natural resources major vedanta, whose chairman anil agarwal has been quite vocal about local manufacturing to cut dependence on imports.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-07-25

Rel retail's Swadesh stitches up pact with Falguni Shane

Reliance retail's swadesh brand signed its first partnership with luxury designer falguni shane peacock. reliance plans to scale swadesh with additional stores, selling ethnic handicrafts, clothing, jewellery, and home decor. the company has existing tie-u
Tag: Industry India    Source: indiatimes.com   Dated: 2024-07-25

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