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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

Accor plans to double PME room count in India in next three years

Accor plans to double PME room count in India in next three years

Accor plans to double its room count in india in the next three years in the pme segments. the growth is driven by factors like growing outbound indian travelers in asia and the booming middle class in india.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-02-29

Growth in bank credit to industry decelerates to 7.8% in January: RBI

Growth in bank credit to industry decelerates to 7.8% in January: RBI

Among major industries, growth in credit to 'food processing' and 'textiles' accelerated in january 2024 against the corresponding month of the previous year, while that of 'basic metal & metal products' and 'chemicals and chemical products' decelerate
Tag: Industry India    Source: indiatimes.com   Dated: 2024-02-29

Railway unions threaten to stop all trains from May 1 if old pension scheme not implemented

Railway unions threaten to stop all trains from May 1 if old pension scheme not implemented

Railway unions, under the joint forum for restoration of old pension scheme (jfrops), have threatened to disrupt train services across india if their demand for the old pension scheme is not met. they have agreed to serve a notice to the railway ministry o
Tag: Industry India    Source: indiatimes.com   Dated: 2024-02-29

Suven-Cohance Lifesciences merger announced to create 1st listed PE-led contract manufacturer in Indian pharma

Suven-Cohance Lifesciences merger announced to create 1st listed PE-led contract manufacturer in Indian pharma

Suven has been 50% owned by advent since 2022 acquisition, with the remaining with public and institutional shareholders while cohance is wholly owned by the pe group. now post merger, advent will own 66.7% in the combined entity and the public shareholder
Tag: Industry India    Source: indiatimes.com   Dated: 2024-02-29

Netflix India unveils 2024 content slate: Sanjay Leela Bhansali's Heeramandi, Anupam Kher's Vijay 69 and more

Netflix India unveils 2024 content slate: Sanjay Leela Bhansali's Heeramandi, Anupam Kher's Vijay 69 and more

Netflix india has announced its content slate for 2024, featuring 14 shows and eight films. the lineup includes sanjay leela bhansali's debut, heeramandi: the diamond bazaar, ic 814: the kandahar hijack, excel entertainment's dabba cartel, and ravi kishan'
Tag: Industry India    Source: indiatimes.com   Dated: 2024-02-29

Transindia Real Estate to sell logistics park in Gurgaon for Rs 636.71 crore, divest 10% stake in other parks

Transindia Real Estate to sell logistics park in Gurgaon for Rs 636.71 crore, divest 10% stake in other parks

The deal consummation will help transindia real estate limited (trel) realize substantial value from this divestment and continue to have zero debt, the company said in a statement.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-02-29

Mumbai property market scales new peak, records best-ever February performance

Mumbai property market scales new peak, records best-ever February performance

Mumbai's property market had its best february ever with over 12,000 property registrations, up 24% yoy. revenue collection declined due to high stamp duty collections. demand and sales remained strong. mumbai has climbed to the 8th position in the global
Tag: Industry India    Source: indiatimes.com   Dated: 2024-02-29

Top 5 ELSS funds rally up to 60% in a year. Do you own any?

Top 5 ELSS funds rally up to 60% in a year. Do you own any?

Tax-saving mutual funds, or elss, provide investors with tax benefits under section 80c of the income tax act, of 1961. the lock-in period inculcates a good habit among investors to thrive for long-term investing while putting their money in an equity-rela
Tag: Mutual Fund India    Source: indiatimes.com   Dated: 2024-02-29

Reduce ICICI Lombard; target of Rs 1650: Emkay Global Financial

Emkay global financial recommended reduce rating on icici lombard with a target price of rs 1650 in its research report dated february 28, 2024.
Tag: Broker Recommendation India    Source: moneycontrol.com   Dated: 2024-02-29

Bulk deals: Albula Investment sells Rs 135 cr stake in Lumax Auto, Nippon India MF buys Rs 112 cr worth of shares

Bnp paribas arbitrage was a heavy seller in the session as they offloaded shares in multiple companies.
Tag: Buzzing Stocks India    Source: moneycontrol.com   Dated: 2024-02-29

Equity investors become poorer by Rs 6 trillion as stock markets crash

Investors' wealth eroded by rs 6 lakh crore in a single day on wednesday as the bse benchmark sensex tumbled over 790 points. the 30-share bse sensex fell by 790.34 points or 1.08 per cent to settle at 72,304.88. during the day, it slumped 872.93 points or
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-02-28

KSB consolidated net profit declines 1.79% in the December 2023 quarter

Sales rise 14.87% to rs 602.60 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-02-28

JCK Infrastructure Development reports standalone net loss of Rs 0.52 crore in the December 2023 quarter

Reported sales nil
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-02-28

Sensex tanks 790 pts, Nifty ends below 22,000; broader mkt tumbles

Domestic equity benchmarks tumbled on wednesday, mirroring negative global cues. with a lack of strong positive or negative catalysts, the market is currently seeking direction. the nifty50 concluded near the 21,950 level, having reached a peak of 22,229.1
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-02-28

Platinum Industries IPO subscribed 22.19 times

The offer received bids for 21.37 crore shares as against 96.32 lakh shares on offer.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-02-28

Exicom Telesystems IPO subscribed 27.76 times

The offer received bids for 50.59 crore shares as against 1.82 crore shares on offer.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-02-28

Singapore Market falls 0.6%

On monday, kansas city federal reserve bank president jeffrey schmid used a debut speech on policy to signal that he remains focused on the threat of high inflation and is in no rush to cut rates. in addition, fed governor michelle bowman on tuesday indica
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-02-28

INR Settles Cautiously Lower; Domestic GDP Data Eyed

The indian rupee declined by 3 paise to settle at 82.92 (provisional) against the us dollar on wednesday, tracking bearish equity markets and foreign fund outflow amid increased month-end demand for the american currency. the benchmark s&p bse sensex fell
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-02-28

Crude oil falls 1% as Fed caution, stocks build offset Opec+ expectations

Brent crude futures fell 90 cents, or 1.08%, to .75 a barrel by 0902 gmt. u.s. west texas intermediate futures (wti) were down 92 cents, or 1.17%, at .95
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-02-28

RK Swamy's Rs 423 cr IPO with price band of Rs 270-288 to open on March 4

Integrated marketing services firm rk swamy ltd on wednesday fixed a price band of rs 270-288 per share for its a little over rs 423-crore initial public offering (ipo). the initial share sale will be opened for public subscription during march 4-6 and the
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-02-28

Nifty February futures trade at discount

Nse india vix advanced 3.83% as shares dropped.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-02-28

Bitcoin rises 39.7% in Feb, heads for biggest monthly gain since Dec 2020

The bigger bitcoin exchange-traded funds (etfs), which were listed in the us on january 11, have seen a definite pickup in interest this week
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-02-28

Quick Wrap: Nifty Media Index declines 3.46%, NIFTY Tumbles 1.11%

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Tag: Business Markets India    Source: business-standard.com   Dated: 2024-02-28

Hong Kong Market falls on profit booking, property sector concerns

At closing bell, the benchmark hang seng index retreated 253.95 points, or 1.51%, to 16,536.85. the hang seng china enterprises index tanked 118.44 points, or 2.04%, to 5,688.46.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-02-28

Indices end with major losses; Nifty settles at 21,951.15; VIX rallies 3.83%

As per provisional closing data, the barometer index, the s&p bse sensex dropped 790.34 points or 1.08% to 72,304.88. the nifty 50 index lost 247.20 points or 1.11% to 21,951.15.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-02-28

China Market tumbles 1.91%

Meanwhile, all eyes are on u.s. inflation data and initial jobless claims on thursday for clues on the likely path of u.s. rates this year. market participants are also awaiting authorities' next policy move as the national people's congress begins its ann
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-02-28

Bajaj Healthcare enters into CDMO agreement for 15 APIs

Under this agreement, bhl will undertake the development and supply of these molecules, which will be exclusively manufactured for its clientele. these apis encompass a diverse range of compounds, including off-patent generics and molecules soon to be off-
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-02-28

SpiceJet and AerCap mutually settle .9 million dispute

Spicejet and celestial aviation, a subsidiary of aercap, one of the largest aircraft lessor groups, have mutually settled their .9 million (rs 250 crore) dispute through amicable negotiations, avoiding litigation.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-02-28

IIFL Management Services to sell its AIF biz to IIFL Securities Alternate Asset Management

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Tag: Business Markets India    Source: business-standard.com   Dated: 2024-02-28

Alkem Lab's Mandva unit gets EIR from USFDA

Alkem laboratories announced that its api manufacturing facility in mandva has received establishment inspection report (eir) from the united states food and drug administration (usfda), classifying the facility as 'voluntary action indicated' (vai).
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-02-28

Aster DM hits record high as arm acquires 20.40% stake in Aasraya Healthcare

Aster dm healthcare advanced 2.05% to rs 484.45 after its subsidiary, dr. ramesh cardiac and multispecialty hospital (drcmhpl) acquired 20.40% stake in aasraya healthcare llp on 27 february 2024.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-02-28

RateGain partners with FLYR

Rategain travel technologies today announced a global partnership with flyr, an ai-powered travel technology provider. the partnership brings together rategain's channel management and distribution solutions with flyr's ai-powered revenue optimization syst
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-02-28

GP Wind Jangi Pvt reports standalone net loss of Rs 5.61 crore in the December 2023 quarter

Sales rise 10.00% to rs 9.57 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-02-28

Australia Market ends softer

At closing bell, the benchmark s&p/asx200 index was down 2.59 points, or 0.03%, to 7,660.42. the broader all ordinaries index fell 5.09 points, or 0.06%, to 7,917.13.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-02-28

PNC Infratech corrects on profit selling

Pnc infratech dropped 6.24% to rs 431.50 as traders booked profits after a recent steep rise.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-02-28

Vodafone Idea Ltd leads losers in 'A' group

Pnc infratech ltd, hfcl ltd, patel engineering ltd and infibeam avenues ltd are among the other losers in the bse's 'a' group today, 28 february 2024.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-02-28

Board of Tips Industries approves buyback of shares up to Rs 37.18 cr

At meeting held on 28 february 2024
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-02-28

Fiem Industries Ltd leads losers in 'B' group

Captain pipes ltd, bgr energy systems ltd, aksharchem (india) ltd and bliss gvs pharma ltd are among the other losers in the bse's 'b' group today, 28 february 2024.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-02-28

Market under pressure; metal shares slip

At 14:30 ist, the barometer index, the s&p bse sensex, dropped 488.13 points or 0.67% to 72,607.09. the nifty 50 index declined 162.05 points or 0.73% to 22,036.30.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-02-28

Cello World corrects on profit selling

Cello world fell 3.35% to rs 846.60 on profit selling after a recent rally.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-02-28

Volumes spurt at Rainbow Childrens Medicare Ltd counter

Rainbow childrens medicare ltd registered volume of 22.37 lakh shares by 14:14 ist on nse, a 23.07 fold spurt over two-week average daily volume of 96972 shares
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-02-28

SEBI comes up with paper on proposals to improve ease of doing business with respect to additional disclosure framework for FPIs

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Tag: Business Markets India    Source: business-standard.com   Dated: 2024-02-28

Japan: Market falls on profit booking

The 225-issue nikkei stock average index declined 31.49 points, or 0.08%, to finish at 39,208.03. the broader topix index of all first section issues on the tokyo stock exchange fell 3.51 points, 0.13%, to 2,674.95
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-02-28

Sebi mulls relaxing enhanced disclosure framework for certain FPIs

Capital markets regulator sebi on wednesday proposed relaxing rules for certain foreign portfolio investors (fpis) from enhanced disclosure requirements in a bid to promote ease of doing business. in its consultation paper, the regulator suggested exemptin
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-02-28

Patanjali Foods sheds 5% on SC notice to promoter firm for misleading advts

The supreme court on tuesday issued a contempt notice to patanjali ayurved and its md acharya balakrishna for flouting earlier orders by continuing to propagate misleading claims via advertisements.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-02-28

Uday Shankar to be VC of merged Reliance-Disney media business: Report

Reliance and disney are expected to make a formal announcement on wednesday after signing a binding pact. shankar is set to take a stake of around 9% in the new merged entity
Tag: Company India    Source: business-standard.com   Dated: 2024-02-28

PE/VC exits surge 36% to .8 bn in 2023 amid declining investments

The infrastructure sector emerged as the leader, attracting .6 billion in investments in 2023, while traditional favorites such as financial services and technology witnessed a decline
Tag: Company India    Source: business-standard.com   Dated: 2024-02-28

Genso says it has approval for its flagship two-seater electric car

Vehicle approved by automotive research association of india will have driver assistance feature
Tag: Company India    Source: business-standard.com   Dated: 2024-02-28

Walmart launches Centre for Tech Excellence at IIT Madras for AI adoption

The idea is to leverage cutting-edge solutions in artificial intelligence (ai) and digitisation to enhance operational efficiency and profitability for msmes
Tag: Company India    Source: business-standard.com   Dated: 2024-02-28

Alcobrew Distilleries eyes higher exports with launch of single malt whisky

Exports are currently a small part of the company's revenue but the management expects it to gradually increase
Tag: Company India    Source: business-standard.com   Dated: 2024-02-28

LTIMindtree, IBM, IIT Madras team up for quantum computing research

Ltimindtree, a global technology consulting and digital solutions company, on wednesday said it has joined the ibm quantum network to explore innovations in quantum computing. ltimindtree will collaborate with the indian institute of technology (iit) madra
Tag: Company India    Source: business-standard.com   Dated: 2024-02-28

Swisscom confirms talks to buy Vodafone's Italian unit for 8 bn euros

Telecoms operator swisscom confirmed on wednesday it's in talks with vodafone group toward a possible purchase of its italian subsidiary for 8 billion euros (usd 8.65 billion). the swiss company, which is majority owned by the swiss government, said in a s
Tag: Company India    Source: business-standard.com   Dated: 2024-02-28

Bringing a plug-in-hybrid for India makes no sense for Skoda: Senior exec

Automakers have to be 'flexible and agile' to act according to customers' wishes and government regulations, says martin jahn
Tag: Company India    Source: business-standard.com   Dated: 2024-02-28

Reckitt's quarterly sales down after investigation into West Asia business

Some investors criticised the company's "vague" outlook for this year, as reckitt shares slumped to their lowest point since march 2020, early in the covid-19 pandemic
Tag: Company India    Source: business-standard.com   Dated: 2024-02-28

Toyota gives no answer to union demands at second round of wage talks

Toyota has not decided yet when it will respond to the union's wage rise request, takanori azuma, the automaker's chief human resources officer, said on wednesday
Tag: Company India    Source: business-standard.com   Dated: 2024-02-28

PE firm KKR considers selling controlling stake in JB Pharma: Report

The us private equity firm is looking to hire financial advisers to help evaluate a sale of its 53.8% stake in the mumbai-based company, the people said
Tag: Company India    Source: business-standard.com   Dated: 2024-02-28

SpiceJet settles Rs 250 cr dispute with aircraft lessor Celestial Aviation

Both parties reached out to the national company law tribunal (nclt) last week, and now the matter will officially be withdrawn on march 1
Tag: Company India    Source: business-standard.com   Dated: 2024-02-28

Messe Stuttgart expects deals worth 0 million at LogiMAT India

Business deals worth usd 500 million (around rs 4,148 crore) are expected to be sealed at the three-day international logistics fair international logistics fair, logimat india 2024, which started on wednesday, organiser messe stuttgart india said. the lo
Tag: Company India    Source: business-standard.com   Dated: 2024-02-28

Bill Gates visits Microsoft's India Development Center in Hyderabad

Billionaire philanthropist and microsoft co-founder bill gates visited the tech giant's india development center (idc) in hyderabad, the company said. gates addressed some of india's brightest engineering minds at the idc, rajiv kumar, managing director, m
Tag: Company India    Source: business-standard.com   Dated: 2024-02-28

LTIMindtree joins IBM Quantum Network to explore quantum computing

With the initiative, ltimindtree said it hoped to establish a series of long-term projects, including applied research toward business and societal problems
Tag: Company India    Source: business-standard.com   Dated: 2024-02-28

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