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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

Despite layoffs, Accenture Q2 outlook a relief for IT companies

Despite layoffs, Accenture Q2 outlook a relief for IT companies

Accenture's performance was evident among indian it stocks, which were up in the early hours of trading
Tag: Company India    Source: business-standard.com   Dated: 2023-03-24

Accenture: History of a Fortune500 firm that's laying off 2.5% of its staff

Accenture: History of a Fortune500 firm that's laying off 2.5% of its staff

The world's largest consulting firm by head count in 2022 acquired its present name when it extricated itself from parent arthur andersen
Tag: Company India    Source: business-standard.com   Dated: 2023-03-24

RBI releases MPC meeting schedule for next financial year, 1st meet in Apr

RBI releases MPC meeting schedule for next financial year, 1st meet in Apr

The reserve bank of india (rbi) announced the meeting schedule of the monetary policy committee (mpc) for the next financial year (fy24) on friday
Tag: Finance India    Source: business-standard.com   Dated: 2023-03-24

PNB raises Rs 974 cr via AT1 bonds against indicative amount of Rs 2,000 cr

PNB raises Rs 974 cr via AT1 bonds against indicative amount of Rs 2,000 cr

Hardening yields drives decision to raise lower amounts; bond market sources said coupon was firmed up at 8.75%
Tag: Finance India    Source: business-standard.com   Dated: 2023-03-24

Asian Development Bank to provide Rs 754 cr loan to SAEL Industries

Asian Development Bank to provide Rs 754 cr loan to SAEL Industries

Asian development bank (adb) will provide a loan up to rs 754 crore to sael industries ltd for setting up of biomass power plants in rajasthan. the lender and sael have entered into a loan agreement, according to a release on friday. sael is a solar and ag
Tag: Finance India    Source: business-standard.com   Dated: 2023-03-24

IndusInd Bank appoints Vikas Muttoo as COO of Bharat Financial Inclusion

IndusInd Bank appoints Vikas Muttoo as COO of Bharat Financial Inclusion

A veteran banker with two and a half decades of experience in the banking sector, he was earlier heading the microfinance business of rbl bank
Tag: Finance India    Source: business-standard.com   Dated: 2023-03-24

RBI central board reviews economic situation, global developments

RBI central board reviews economic situation, global developments

The meeting comes in the backdrop of banking crisis in us triggered by the svb collapse and the fed's adoption of a softer tone on future rate hikes in its latest policy statement
Tag: Finance India    Source: business-standard.com   Dated: 2023-03-24

Fidelity Investments, Societe Generale pick 2.98% stake in Campus Activewear

Fidelity Investments, Societe Generale pick 2.98% stake in Campus Activewear

Tpg growth iii sf pte limited exited the footwear manufacturing company by selling the entire 2.32 crore equity shares.
Tag: Buzzing Stocks India    Source: moneycontrol.com   Dated: 2023-03-24

Ace investor Sunil Singhania#39;s Abakkus picks 1.74% stake in TTK Healthcare

Abakkus has bought a total of 2.47 lakh equity shares in a stock which has been in an uptrend since march 2020 barring intermittent correction and consolidation.
Tag: Buzzing Stocks India    Source: moneycontrol.com   Dated: 2023-03-24

Govt to exercise green shoe option for HAL#39;s OFS after robust response

The ofs comprised of a base issue size of 1.75 per cent or 58.51 lakh shares, with an option to retain over-subscription of an equal quantum.
Tag: Buzzing Stocks India    Source: moneycontrol.com   Dated: 2023-03-23

Star Cement soars 11%, nears 52-week high on heavy volumes

The long-term demand prospects remain positive given the government's thrust on the affordable housing and infrastructure segments, icra said
Tag: Business Markets India    Source: business-standard.com   Dated: 2023-03-23

Tega Industries rallies 8%, hits 52-week high on strong growth prospects

Last month, national company law tribunal (nclt) approved tega's resolution plan for the acquisition of mcnally sayaji engineering through corporate insolvency resolution process (cirp)
Tag: Business Markets India    Source: business-standard.com   Dated: 2023-03-23

Infosys nears 52-week low; stock slips 12% in one month on growth concerns

Following recent developments around bankruptcy of silvergate, svb and signature bank in the us and ubs-cs merger will likely lead to further curtailing of discretionary tech spends in the near term.
Tag: Business Markets India    Source: business-standard.com   Dated: 2023-03-23

Global Surfaces makes stellar debut; zooms 23% over issue price

It earns 99% of its revenues from overseas markets like us, canada and the middle east. segment wise, engineered quartz make for 83% of its revenue while natural stones make for 17%
Tag: Business Markets India    Source: business-standard.com   Dated: 2023-03-23

VA Tech Wabag rallies 7%, hits 3-month high on strong growth outlook

The company has won a design, build and operate (dbo) order in bangladesh worth rs 800 crore, fully funded by world bank & aiib
Tag: Business Markets India    Source: business-standard.com   Dated: 2023-03-23

L&T extends gains, up 3% in three days on securing orders worth Rs 9,500 cr

The hydrocarbon business of l&t on tuesday has secured major (ranging from rs 5,000 crore to rs 7,000 crore) contracts for multiple offshore packages from a prestigious overseas client.
Tag: Business Markets India    Source: business-standard.com   Dated: 2023-03-23

GR Infra jumps over 4% after it emerges L-1 bidder for Rs 872 cr project

In the past one week, shares of this construction firm gained 1.7 per cent, as against 0.2 per cent rise in the s&p bse sensex
Tag: Business Markets India    Source: business-standard.com   Dated: 2023-03-23

Nazara Tech jumps over 3% on buying majority stake in Pro Football Network

Brokerage firm icici securities has a 'buy' rating on the stock with a target price of rs 700 per share.
Tag: Business Markets India    Source: business-standard.com   Dated: 2023-03-23

Hindustan Aeronautics tumbles 6% on pricing OFS at discount

The government will be offloading 3.5 per cent stake in hal through an offer for sale at rs 2,450 per share from march 23 - 24, 2023.
Tag: Business Markets India    Source: business-standard.com   Dated: 2023-03-23

Sensex snaps 2-day winning run, slips 289pts; Nifty below 17100; banks fall

Closing bell: selling in heavyweights like sbi (down 2 per cent), hcl tech, infosys, reliance industries, hdfc bank, hdfc, and icici bank weighed on the benchmarks
Tag: Business Markets India    Source: business-standard.com   Dated: 2023-03-23

Gold price declines Rs 870 to Rs 59,130, silver falls Rs 500 to Rs 71,600

The price of ten grams of 22-carat gold fell by rs 800 to rs 54,200
Tag: Business Markets India    Source: business-standard.com   Dated: 2023-03-23

Nifty Midcap 50 in 'Sell on Rise' mode, says Ravi Nathani

The short-term bias for nifty midcap 50 index is likely to remain negative as long as the index remains below 8,786.
Tag: Business Markets India    Source: business-standard.com   Dated: 2023-03-23

Stocks to Watch: Reliance, HAL, Hero MotoCorp, Nazara Tech, L&T, Power Grid

Stocks to watch: hero motocorp on wednesday said it will increase prices of its model range by around 2 per cent from next month
Tag: Business Markets India    Source: business-standard.com   Dated: 2023-03-23

India's e-comm mkt to grow from bn in 2022 to 5 bn in 2026: Report

Upi driving consumers away from cash and helping financial inclusion, it says
Tag: Company India    Source: business-standard.com   Dated: 2023-03-23

Accenture to cut 19,000 jobs amid worsening global outlook, trims forecast

The company also trimmed its annual revenue growth and profit forecasts on thursday, amid worries that recession-wary enterprises will cut technology budgets
Tag: Company India    Source: business-standard.com   Dated: 2023-03-23

Stepping up its ambitions, Apple eyes English football streaming rights

Such a move would build on apple's recent expansion into live sports in the us, where it forged a .5 billion 10-year deal with major league soccer to show games on its tv+ platform
Tag: Company India    Source: business-standard.com   Dated: 2023-03-23

Indian space startup Pixxel bags US contract for hyperspectral imagery

Bengaluru-based space startup pixxel has bagged a five-year contract for supplying technical hyperspectral imagery to united states' national reconnaissance organization (nro). the virginia-based nro also awarded six study contracts for commercial hyperspe
Tag: Company India    Source: business-standard.com   Dated: 2023-03-23

Tata Group planning to inject billion into its super-app Tata Neu

Tata neu allows users to buy groceries and gadgets as well as reserve airplane tickets and restaurants from brands under tata
Tag: Company India    Source: business-standard.com   Dated: 2023-03-23

Reliance cable firms remove Star channels before IPL, to affect 20 million

According to broadcasting regulations, consumers have the right to request that their cable or dth operators provide the channels they wish to watch
Tag: Company India    Source: business-standard.com   Dated: 2023-03-23

Infosys announces Kiran Mazumdar-Shaw's retirement from company's board

D sundaram appointed lead independent director of it services company
Tag: Company India    Source: business-standard.com   Dated: 2023-03-23

Reveal HealthTech raises mn in seed funding from W Health Ventures

Reveal healthtech provides technology services to healthcare companies through engineering, clinical, and strategic support
Tag: Company India    Source: business-standard.com   Dated: 2023-03-23

Sanjay Nayar has quit board of InCred Financial Services, company says

Executive played a role in expanding firm's credit and capital markets products in asia-pacific
Tag: Company India    Source: business-standard.com   Dated: 2023-03-23

Vedanta denies talks of stake sale, calls them 'untrue', 'baseless'

Vedanta ltd on thursday termed any talks of sale in oil-to-metals conglomerate as "untrue and baseless." this comes in the wake of news report which said that mining mogul anil agarwal is contemplating a stake sale in vedanta as a last-resort option and is
Tag: Company India    Source: business-standard.com   Dated: 2023-03-23

Maruti Suzuki to hike prices from April to offset inflation impact

Maruti suzuki india on thursday said it will increase prices of its model range in april to partially offset the impact of "overall inflation and regulatory requirements". the auto major, however, did not share the quantum of the price hike it intends to i
Tag: Company India    Source: business-standard.com   Dated: 2023-03-23

ICRA upgrades outlook on infra finance firms to 'positive' from 'stable'

Rating agency cites sector's improved solvency profile, loan book growth and earnings
Tag: Company India    Source: business-standard.com   Dated: 2023-03-23

Most Indian professionals like to be in office, back hybrid work: LinkedIn

'desk bombing', 'loud leaving' and thursday being the new friday are new workplace trends, say report
Tag: Company India    Source: business-standard.com   Dated: 2023-03-23

HAL disinvestment: offer for sale subscribed two-fold after slow start

Share sale firms up state-owned defence firm's chances of msci india inclusion
Tag: Company India    Source: business-standard.com   Dated: 2023-03-23

Logitech lays off 300 employees as computer accessories sales drop

Swiss technology firm logitech has laid off 300 employees amid the challenging global macro-economic environment, the media reported on thursday.
Tag: Company India    Source: business-standard.com   Dated: 2023-03-23

Kapil Rathee elevated to the position of co-founder of Junglee Games

In 2017, rathee was promoted to the position of junglee's chief product officer (cpo) and then to the president in 2018
Tag: Company India    Source: business-standard.com   Dated: 2023-03-23

Glenmark gets USFDA nod for generic drug with 180-day exclusivity

Glenmark pharmaceuticals on thursday said it has received an approval from the us health regulator to market a generic medication to treat plaque psoriasis. the company has received final approval from the us food & drug administration (usfda) for calcipot
Tag: Company India    Source: business-standard.com   Dated: 2023-03-23

Bisleri deal dissolved; Tatas to make investments in their own brands

The tata group company announced on march 17 that negotiations regarding the potential acquisition of ramesh chauhan's bisleri international had ceased
Tag: Company India    Source: business-standard.com   Dated: 2023-03-23

Anil Agarwal weighing Vedanta stake sale as last resort, says report

Agarwal is evaluating the possibility of divesting a less than 5% stake in the mumbai-listed company, said the people, who asked not to be identified as the information is private
Tag: Company India    Source: business-standard.com   Dated: 2023-03-23

NSE, BSE to put Adani Power under short term ASM again starting today

Leading bourses nse and bse on wednesday said they will include adani power under the short-term additional surveillance measure (asm) framework from thursday. adani power is shortlisted in short-term asm framework stage-i effective march 23, according to
Tag: Company India    Source: business-standard.com   Dated: 2023-03-23

RailTel bags order worth Rs 34.91 cr for expansion of data centre in MP

Railtel corporation of india limited, a central public sector undertaking under the ministry of railways has bagged an order from the madhya pradesh state electronics development corporation ltd
Tag: Company India    Source: business-standard.com   Dated: 2023-03-23

FM Sitharaman to review PSBs performance Sat amid financial crisis in West

Regularly scheduled meeting could discuss banking troubles in the us and europe
Tag: Finance India    Source: business-standard.com   Dated: 2023-03-23

As cash use declines, UPI to drive Indian e-com market to 0 bn in 2026

As unified payments interface (upi)-based transactions continue to break all records, india's e-commerce market is projected to grow from billion in 2022 to 0 billion in 2026
Tag: Finance India    Source: business-standard.com   Dated: 2023-03-23

Rupee soars against dollar as US Fed softens guidance on rate hikes

So far in 2023, the rupee has gained 0.5 per cent against the us dollar
Tag: Finance India    Source: business-standard.com   Dated: 2023-03-23

Rupee logs best day in 3 weeks on rising bets of Fed pause

The rupee ended at 82.2625 per dollar, compared with its previous close of 82.6550. the indian currency aligned itself with peers like the chinese yuan and the thai baht, which rose around 0.5%.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2023-03-23

Accenture reports Q2 revenue at .8 bn, beats estimates; trims Q3 forecasts


Tag: Share Markets India    Source: indiatimes.com   Dated: 2023-03-23

HAL OFS subscribed 4.51 times; shares plunge over 4%

Hal shares today ended at rs 2,504.75 on the nse and were down by rs 120 or 4.57%. the issue for the general category ended today. the ofs for retail category is tomorrow
Tag: Share Markets India    Source: indiatimes.com   Dated: 2023-03-23

Bank of England hikes interest rates by 25 bps after inflation surprises

Sounding more upbeat about the outlook for the country's slow pace of economic growth, the boe's nine rate-setters voted 7-2 in favour of a 25 basis-point increase in bank rate to 4.25%.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2023-03-23

Stock market update: Sugar stocks up as market falls

The 30-share bse sensex closed down 289.31 points at 57925.28
Tag: Share Markets India    Source: indiatimes.com   Dated: 2023-03-23

Stock market update: Power stocks down as market falls

The 30-share bse sensex closed down 289.31 points at 57925.28
Tag: Share Markets India    Source: indiatimes.com   Dated: 2023-03-23

Stock market update: Mining stocks mixed as market falls

The 30-share bse sensex closed down 289.31 points at 57925.28
Tag: Share Markets India    Source: indiatimes.com   Dated: 2023-03-23

Stock market update: Nifty Realty index falls 1.08%

The nifty realty index closed 1.08 per cent down at 390.05.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2023-03-23

Stock market update: Nifty Bank index falls 0.96%

The nifty bank index closed 0.96 per cent down at 39616.9.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2023-03-23

Stock market update: Nifty Auto index advances 0.04%

The nifty auto index closed 0.04 per cent up at 12205.7.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2023-03-23

Want 100% flexibility in shifting between debt & equity? Sandeep Tandon has an answer

Quant mutual fund has launched a dynamic asset allocation fund that provides 100% flexibility in shifting between debt and equity. the company aims to target a new investor audience, such as people who invest in fds but are reluctant to take risks. they be
Tag: Share Markets India    Source: indiatimes.com   Dated: 2023-03-23

Sensex falls! These stocks fell 5% or more in Thursday's session

In the nifty pack, 20 stocks closed in the green, while 30 stocks ended in the red.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2023-03-23

Here’s Bharat Bond ETF’s report card as first tranche is set for April maturity

Yadav of sanctum wealth said depending upon the time horizon, there are various bharat bond funds that are available to investors. if the investor time horizon matches the fund maturity, they are likely to make returns closer to the ytm, he added.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2023-03-23

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