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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

SpiceJet settles mn dispute with Celestial Aviation outside tribunal

SpiceJet settles  mn dispute with Celestial Aviation outside tribunal

Spicejet had announced on february 22 that it had raised a second tranche of rs 316 crore under the preferential issue of equity and warrants
Tag: Company India    Source: business-standard.com   Dated: 2024-02-28

NCLT asks Byju's to keep funds via rights issue in escrow account

NCLT asks Byju's to keep funds via rights issue in escrow account

Nclt has also directed byju's to consider the extension of the closure date of the rights issue
Tag: Company India    Source: business-standard.com   Dated: 2024-02-28

Vedanta eyes bn Ebitda in FY25, reiterates guidance on profit targets

Vedanta eyes  bn Ebitda in FY25, reiterates guidance on profit targets

Mining conglomerate vedanta group is eyeing usd 6 billion of pre-tax profits in the next financial year and scaling it to usd 7-7.5 billion in the following year on the back of operational efficiencies across businesses. "the building blocks are already in
Tag: Company India    Source: business-standard.com   Dated: 2024-02-28

CIL to hold 51% stake in Rs 11,700 crore coal-to-chemical JV with BHEL

CIL to hold 51% stake in Rs 11,700 crore coal-to-chemical JV with BHEL

Coal india limited (cil) on wednesday said it will hold a 51 per cent stake in the joint venture with bharat heavy electricals limited (bhel) for the coal-to-chemicals project in odisha. "to form a jv company to undertake coal-to-chemicals business by init
Tag: Company India    Source: business-standard.com   Dated: 2024-02-28

Google hit with .3 bn lawsuit by 32 media groups including Axel Springer

Google hit with .3 bn lawsuit by 32 media groups including Axel Springer

Google last year said it disagreed with eu antitrust charges against its ad tech business where it is involved in both the buy-side as well as the sell-side of the supply chain
Tag: Company India    Source: business-standard.com   Dated: 2024-02-28

Reliance Consumer to bring Sri Lankan beverage Elephant House to India

Reliance Consumer to bring Sri Lankan beverage Elephant House to India

With this tie-up, rcp adds another brand to its beverage portfolio. it already has brands such as campa, sosyo and raskik
Tag: Company India    Source: business-standard.com   Dated: 2024-02-28

Sunil Bharti Mittal conferred honorary knighthood by King Charles III

Sunil Bharti Mittal conferred honorary knighthood by King Charles III

Mittal is the first indian citizen to be awarded the knight commander of the most excellent order of the british empire (kbe) under king charles iii
Tag: Company India    Source: business-standard.com   Dated: 2024-02-28

PepsiCo India looking to capture bigger share of potato-based chips market

PepsiCo India looking to capture bigger share of potato-based chips market

The potato chips market is valued at rs 9,000 crore, with pepsico's lay's brand as the dominant player
Tag: Company India    Source: business-standard.com   Dated: 2024-02-28

Torrent Power raises Rs 700 crore through non-convertible debentures

Torrent power on wednesday said it has raised rs 700 crore through non-convertible debentures (ncds) issued on a private placement basis. the ncds are proposed to be listed on wholesale debt market segment of the nse, a regulatory filing said. according to
Tag: Company India    Source: business-standard.com   Dated: 2024-02-28

Reliance, Disney sign .5 bn deal to form JV, to merge media ops in India

Reliance, led by asia's richest man mukesh ambani, will inject .4 billion in the merged entity, with the company and its affiliates holding a more than 63% stake
Tag: Company India    Source: business-standard.com   Dated: 2024-02-28

Tata Group firm Agratas to build UK's biggest EV battery plant in Somerset

Agratas, tata group's global battery business, on wednesday confirmed that it will build britain's biggest electric vehicle battery manufacturing facility in somerset, south-west england. the so-called gigafactory, announced last year, will be built on the
Tag: Company India    Source: business-standard.com   Dated: 2024-02-28

RBI conducts two VRRR auctions as money market rates fall below repo rate

The rbi received rs 20,860 crore bids against the notified amount of rs 50,000 crore at the first auction
Tag: Finance India    Source: business-standard.com   Dated: 2024-02-28

Beyond Meat climbs 60% to 6-month high on short squeeze after price hikes, cost cut plans

About 37.6% of the company's free float, or shares worth 2.6 million, were shorted as of monday, according to data and analytics firm ortex. bearish investors have lost million on paper since tuesday's close. beyond meat was also the most shorted u.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-02-28

Dollar bounces before inflation data

​ the u.s. dollar jumped on wednesday as investors position for u.s. and european inflation data due on thursday, while the australian and new zealand dollars tumbled after new zealand's central bank cut its forecast peak for interest rates and australia
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-02-28

Bumble falls 5% as CEO signals need for app revamp after poor earnings

​bumble shares fell about 5% on wednesday after its downbeat quarterly revenue forecast underscored the need for a revamp of the dating-app experience to attract newer generations seeking companionship.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-02-28

US Treasuries yields slip as investors await PCE inflation data

​ treasuries yields edged lower on wednesday after solid economic growth in the fourth quarter barely budged bonds as investors await key inflation data that could provide new insight into when the federal reserve cuts interest rates.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-02-28

Ahead of Market: 10 things that will decide D-Street action on Thursday

Ahead of the february series expiry, nifty on wednesday ended 247 points lower below the 22,000 level and around its 20-dema. observing the daily chart, the index has been navigating within a rising channel.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-02-28

Mukka Proteins raises Rs 67 from anchor investors ahead of IPO

Anchor investors who participated in the anchor were neomile growth fund, saint capital fund, zinnia global fund pcc, eminence global fund pcc, craft emerging market fund pcc and elara india opportunities fund.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-02-28

Market Trading Guide: Tech Mahindra, Havells among 4 stock recommendations for Thursday

Tech mahindra stock has fallen below the recent consolidation. in addition, it has fallen below the critical short-term moving average.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-02-28

ET Market Watch: 6 factors behind today's market crash that led to erosion of 6L Cr from D-street


Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-02-28

Shriram Finance to replace UPL in Nifty50 from March 28

Shriram finance has been included in nifty50 index as it has the highest 6-month average free-float market capitalization within the eligible universe as a replacement to upl ltd, the bourse said. in nifty next 50, adani power, indian railway finance corpo
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-02-28

Technical Breakout Stocks: How to trade Tata Consumer, Tata Motors, Rainbow Medicare on Thursday

Tata motors has been trending to new highs almost each month last year, but now it seems that technical parameters are stretched. today, we have got a spinning candle and the price is showing a negative divergence with rsi.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-02-28

Wall St eases as investors brace for inflation data

Evidence of sticky inflation, a robust u.s. economy and pushback from some fed officials have already led traders to delay bets of the first interest rate cut to june from march.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-02-28

Sebi’s confirmatory order against Brightcom Group bars CMD from holding directorial role

The regulator has modified its directive against chief financial officer narayan raju by restraining him from holding the position of a director or a key managerial person only in brightcom group and its subsidiaries.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-02-28

Bitcoin tops ,000, approaches all-time high

Bitcoin hit ,000 on wednesday for the first time in more than two years, as a flurry of capital into new u.s. spot bitcoin exchange traded products fuelled a 42% price rally in february, which would mark its largest monthly gain since december 2020.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-02-28

Commercial credit portfolio of Indian MSMEs grew 11% on-year in Jul-Sep: SIDBI, TransUnion Cibil report

The commercial credit portfolio of indian micro, small, and medium enterprises grew 11% yoy in jul-sep due to accelerating economic activity. the credit exposure reached rs 28.2 lakh crores, and supply volumes grew by 20% yoy. technology played a pivotal r
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-02-28

RIL signs deal with Disney to merge Viacom18 and Star India

The deal, which has been in the works for months, will create a media behemoth across tv broadcasting, streaming, movies and sports. the deal values the joint venture at rs 70,352 crore ($ 8.5 billion) on a post-money basis, excluding synergies. post comp
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-02-28

Relief sought over hike in risk weights on infrastructure finance companies' loans to NBFCs

In november 2023, the regulator increased the risk weights for loans to nbfcs by 25 basis points. as a result, bank borrowing has turned more expensive for these entities.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-02-28

Ace Aviation approaches NCLAT to expedite sale of three Jet Airways aircraft

Ace aviation seeks expedited sale of three aircraft previously owned by jet airways by approaching nclat. it argues for possession of assets, transfer of ₹340 crore, and highlights the complex technology and restoration efforts required for the aircraft.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-02-28

Bharti Enterprises loses appetite for Del Monte JV, to focus on telecom

Bharti enterprises and global investment group e.l. rothschild had formed an equal joint venture, fieldfresh foods, in 2004, to produce and export fresh vegetables and fruits. three years later, in 2007, the singapore-listed del monte pacific ltd acquired
Tag: Industry India    Source: indiatimes.com   Dated: 2024-02-28

Reliance Industries in talks to bring British fashion retailer Primark to India

Primark has been a successful value-priced retailer and its global revenue has exploded in the last few years, aside from two covid-hit years. average prices are even cheaper than retailers such as h&m and uniqlo. while china is the largest source coun
Tag: Industry India    Source: indiatimes.com   Dated: 2024-02-28

D-St punishes Vi amid skepticism over fundraising

The telco has made several efforts to raise capital in the past. its board had in september 2020 given approval to raise ₹25,000 crore including in equity, and the company had held talks with banks for debt funding. but these efforts have not been succes
Tag: Industry India    Source: indiatimes.com   Dated: 2024-02-28

Air India to give eye masks to passengers in B777 planes; Here's why

"a technical issue has been identified with the cabin lighting system on the b777-200 lr (leased aircraft) in the economy (ey) cabin. this has led to the ey cabin lighting to remain on bright mode throughout the flight," the airline said in a circular on w
Tag: Industry India    Source: indiatimes.com   Dated: 2024-02-28

In relief for Vi & Adani, DoT mulls waiving 5G minimum rollout fine

While vodafone idea had bought spectrum in the 26 ghz band as well as in the mid-band (3300-3600 mhz), adani bought airwaves only in the 26 ghz band. vodafone idea bought mid-band spectrum in 17 circles and 26 ghz airwaves in 16 circles whereas adani bough
Tag: Industry India    Source: indiatimes.com   Dated: 2024-02-28

Vedanta Group eyes bn EBITDA in FY25, reiterates guidance on operational, profitability targets

Vedanta group aims for usd 6 billion pre-tax profits next year, scaling to usd 7-7.5 billion. the demerger creates independent verticals, attracts various investors, and unlocks potential value for growth and alignment with customers and end markets.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-02-28

NTPC Green Energy, MAHAGENCO to set up JV for renewable energy parks in Maharashtra

Ntpc green energy ltd is a subsidiary of state-run power major ntpc. the fully owned subsidiary has been formed to take up renewable energy parks and projects including businesses in the area of green hydrogen, energy storage technologies, and round the cl
Tag: Industry India    Source: indiatimes.com   Dated: 2024-02-28

DoT, telcos officials get training on standards process ahead of global telecom meet in India

The workshop by the national institute of communication finance (nicf) and the international telecommunication union (itu) secretariat concluded with a brief overview of the wtsa-24 which is being hosted in delhi from october 14-24, 2024.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-02-28

Govt added 200 GW generation capacity in last 9 years, India turns power-sufficient: R K Singh

India has transformed into a power-sufficient nation, adding 200 gw of capacity in the past nine years. the government connected the entire country with a unified grid capable of transferring 1,16,000 mw. elecrama 2025, the world's largest electrical show,
Tag: Industry India    Source: indiatimes.com   Dated: 2024-02-28

RBI cancels licence of Rajasthan-based Sumerpur Mercantile Urban Coop Bank

The rbi has cancelled the licence of sumerpur mercantile urban cooperative bank in pali, rajasthan, due to inadequate capital and earning prospects. depositors will receive deposit insurance claim amount up to rs 5 lakh from dicgc. as on november 30, 2023,
Tag: Industry India    Source: indiatimes.com   Dated: 2024-02-28

Go Goa! Hospitality players can't have enough of India's favourite holiday destination

As per estimates shared by jll hotels & hospitality group, india with et, in 2023, branded hotel openings in goa recorded an uptick of over 120% and 270% in total number of keys as compared to 2022 and 2019 respectively whereas branded hotel signings
Tag: Industry India    Source: indiatimes.com   Dated: 2024-02-28

Sentimentally positive but completion key: Experts on VIL's mega fundraise plans

Stating that the vil's announcement of the fundraise was similar to its declaration in september 2020, clsa said, "vil has been in talks with potential investors, but fundraising is still pending". the brokerage said it expects financial crunch for vodafon
Tag: Industry India    Source: indiatimes.com   Dated: 2024-02-28

Boeing given 90 days by FAA to come up with a plan to improve safety and quality of manufacturing

The new deadline is being set as the faa finishes an audit of assembly lines at the factory near seattle, where boeing builds planes like the 737 max that suffered a door-panel blowout in january. investigators say bolts that help keep the panel in place w
Tag: Industry India    Source: indiatimes.com   Dated: 2024-02-28

Mumbai airport’s punctuality improved after flights were cut, says government

The airport was asked to reduce aircraft movement from 46 to 44 during rush hour and from 44 to 42 during non-peak hours after an analysis found that the airport had allocated excessive slots that its preparedness.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-02-28

Telcos not liable to deduct TDS on discounts to distributors on SIM cards, recharge vouchers: SC

The issue before the apex court related to the liability of the telecom service providers to deduct tds under section 194-h of the income tax act on the amount which, as per the revenue authorities, was a commission payable to an agent by the assessee (tel
Tag: Industry India    Source: indiatimes.com   Dated: 2024-02-28

Karan Johar's Dharma Cornerstone onboards Orry

Dharma cornerstone agency (dca) partnered with social media sensation orhan awatramani, also known as orry, to enhance their influencer marketing strategy and expand orry's influence. dca's talent roster includes janhvi kapoor, sara ali khan, tiger shroff,
Tag: Industry India    Source: indiatimes.com   Dated: 2024-02-28

Macleods Pharma promoters buy bungalow in Mumbai’s Juhu for Rs 101 cr

Promoters of macleods pharmaceuticals, girdharilal bawri, banwarilal bawri, and rajendra agarwal, through their group entity agarwal holdings, have acquired a land parcel and bungalow in juhu, mumbai for rs 101 crore. the deal was registered on february 20
Tag: Industry India    Source: indiatimes.com   Dated: 2024-02-28

Ashiana to invest Rs 400 crore to develop a Chennai senior housing project

Real estate developer ashiana plans to invest rs 400 crore to develop a senior housing project in chennai's mahindra world city, held under perpetual lease. the senior living project has 258 units in the first phase and is expected to be constructed in 8 y
Tag: Industry India    Source: indiatimes.com   Dated: 2024-02-28

Telcos made Rs 10,000 cr extra capex in 2022-23 to support large apps: COAI

Telecom operators spent rs 10,000 crore in 2022-23 to support traffic from large apps. coai estimates the government lost rs 800 crore in revenue. operators demand contributions from netflix, whatsapp, instagram, x for network infrastructure costs. india
Tag: Industry India    Source: indiatimes.com   Dated: 2024-02-28

Commercial credit portfolio of Indian MSMEs grew 11% on-year in Jul-Sep: SIDBI, TransUnion Cibil report

The commercial credit portfolio of indian micro, small, and medium enterprises grew 11% yoy in jul-sep due to accelerating economic activity. the credit exposure reached rs 28.2 lakh crores, and supply volumes grew by 20% yoy. technology played a pivotal r
Tag: Industry India    Source: indiatimes.com   Dated: 2024-02-28

India's super rich allocate 32 pc of their wealth in housing properties: Knight Frank

India's super rich allocate 32% of their wealth to residential properties, with mumbai ranking 8th in luxury residential markets. delhi and bengaluru also show positive growth. asia-pacific leads in luxury residential market growth.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-02-28

Profit is not the main target for India: Skoda Auto board member

The volkswagen group company that is responsible for driving the group strategy in india is reinforcing its commitment to the market by getting into the next phase of investment through entry in the competitive sub-four metre compact suv segment and launch
Tag: Industry India    Source: indiatimes.com   Dated: 2024-02-28

Reliance, Disney announce deal to create .5 billion media goliath

Reliance industries, viacom 18, and disney merge viacom18 and star india to create a jv valued at rs 70,352 crore (.5 billion). the jv will be one of india's leading media companies, providing entertainment and sports content to over 750 million viewers
Tag: Industry India    Source: indiatimes.com   Dated: 2024-02-28

Driverless train incident fallout: Railways launches special counselling drive for loco pilots

​a written instruction, addressed to chief loco inspectors (clis) and lobby in-charge of various stations, detailed the recent incident of driverless running of a freight train for about 75 km between jammu and pathankot and said the present counselling
Tag: Industry India    Source: indiatimes.com   Dated: 2024-02-28

Reliance, Disney sign binding agreement to form JV, to merge media operations in India

Reliance industries limited (“ril”), viacom 18 media private limited (“viacom18”) and the walt disney company (nyse:dis) (“disney”) today announced the signing of binding definitive agreements to form a joint venture (“jv”) that will combin
Tag: Industry India    Source: indiatimes.com   Dated: 2024-02-28

Second critical mineral bid round to be called on Thursday

First round of critical mineral bids was called in november 2023. this was made possible after an amendment to the mines and minerals (development and regulation) act earlier this fiscal. the centre also notified 24 minerals as being critical and strategic
Tag: Industry India    Source: indiatimes.com   Dated: 2024-02-28

CIL and BHEL sign joint venture agreement for ammonium nitrate plant

Coal india ltd and bharat heavy electricals ltd signed a joint venture agreement to establish an ammonium nitrate plant utilizing surface coal gasification (scg) technology. the plant, slated to be located in odisha’s lakhanpur area under coal india's su
Tag: Industry India    Source: indiatimes.com   Dated: 2024-02-28

Top 5 global funds gain up to 87% in just a year. Do you own any?

Global equity funds are those that invest in the stocks of foreign companies. these overseas funds could be the country funds that invest in the economy of a specific country like the us or the regional funds that invest in companies from a specific geogra
Tag: Mutual Fund India    Source: indiatimes.com   Dated: 2024-02-28

Buy IRB Infrastructure Developers; target of Rs 94: Ventura Securities

Ventura securities is bullish on irb infrastructure developers has recommended buy rating on the stock with a target price of rs 94 in its research report dated november 06, 2023.
Tag: Broker Recommendation India    Source: moneycontrol.com   Dated: 2024-02-28

Bulk deals: BGR Energy Solutions promoter continues selling stake

Bgr energy systems promoter sasikala raghupathy previously sold 7.03 percent stake on february 27 and 2.51 percent stake on february 26.
Tag: Buzzing Stocks India    Source: moneycontrol.com   Dated: 2024-02-28

Nifty Private Bank, IT: Here's how to trade these two range-bound indices

The nifty private bank index in seen trading in a range of 23,165 - 23,690, and the it index in the 37,200 - 38,56 range, says ravi nathani, an independent technical analyst.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-02-28

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