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
RBI to map out bigger global play for local payments system
The rbi's payments vision document 2025 has already outlined expanding the global outreach of upi and rupay cards as one of the key objectives under the internationalisation pillar.
Tag: Share Markets India Source: indiatimes.com Dated: 2023-05-31
Follow ethical practices, be transparent, Sebi chief to MFs
The sebi chief said mutual funds are an important vehicle to encourage investors to participate in the markets. buch expressed confidence in the industry's potential and said its asset size could grow from the current ₹40 lakh crore to ₹100 lakh crore.
Tag: Share Markets India Source: indiatimes.com Dated: 2023-05-31
Adani Ports Q4 net profit rises 5% to Rs 1,159 cr on high cargo volumes
One of the most profitable units of the sprawling adani group, apsez reported earnings before interest, taxes, depreciation and amortisation (ebitda) of ₹3,270.7 crore, 27% higher on year. its cargo volumes increased 11% on year as it handled 86.3 millio
Tag: Share Markets India Source: indiatimes.com Dated: 2023-05-31
Go First lessors' plea contrary to law, says interim RP
Interim resolution professional (irp) of go first stated that seeking directions to take possession of the aircraft from the delhi high court would be "contrary to law". taking possession of the aircraft would stop the airline's operations and lead to sign
Tag: Share Markets India Source: indiatimes.com Dated: 2023-05-31
Renewable energy boom stares at talent blackout
"the scale of the opportunity is something that is very exciting ... but there is a lack of talent and it is one of the challenges," said sumant sinha, chairman and chief executive of renew. in the next seven years, india will have to add 60 gw of renewabl
Tag: Share Markets India Source: indiatimes.com Dated: 2023-05-31
Go First lessors' plea contrary to law, says interim RP
Interim resolution professional (irp) of go first stated that seeking directions to take possession of the aircraft from the delhi high court would be "contrary to law". taking possession of the aircraft would stop the airline's operations and lead to sign
Tag: Industry India Source: indiatimes.com Dated: 2023-05-31
Renewable energy boom stares at talent blackout
"the scale of the opportunity is something that is very exciting ... but there is a lack of talent and it is one of the challenges," said sumant sinha, chairman and chief executive of renew. in the next seven years, india will have to add 60 gw of renewabl
Tag: Industry India Source: indiatimes.com Dated: 2023-05-31
India may link local lithium price with London exchange
India is looking to fix the value of lithium and rare earth elements (rees) found in the country; domestic lithium prices will be linked to weekly prices for lithium hydroxide monohydrate published by the london metal exchange. currently, there is no unifo
Tag: Industry India Source: indiatimes.com Dated: 2023-05-31
Coal India raises high grade non-coking coal prices by 8%
Coal india ltd has increased the prices of non-coking coal, which are used mainly by cement, fertiliser, and sponge iron sectors, by 8%. higher grade coal, such as g8-g9, is generally used for blending in some plants. however, the thermal power sector main
Tag: Industry India Source: indiatimes.com Dated: 2023-05-31
Switch Mobility to launch five new models in FY24
According to hinduja, the first of the five models planned for fy24 will be an electric bus meant for the european markets. it is expected to go on sale in january. this will be followed by two new low bus platforms for india - a 9-metre and a 12-metre bus
Tag: Industry India Source: indiatimes.com Dated: 2023-05-31
Trai to strengthen parameters for better services
The regulator is looking to utilise latest technologies like artificial intelligence (ai) and other digital tools to improve telecom services, a senior official told et, asking not to be identified. as the regulator wants to track the qos norms at the stat
Tag: Industry India Source: indiatimes.com Dated: 2023-05-31
Pilot project for electronics repair starts tomorrow
The project, led by the ministry of electronics and information technology (meity), will look to promote india as a hub for repair of electronic goods, taking into account the cost advantage the country has due to the availability of cheap labour. this fol
Tag: Industry India Source: indiatimes.com Dated: 2023-05-31
Phoenix Mills plans to invest Rs 2,000 crore for portfolio expansion
The company is likely to operationalise two new destination malls in pune and bengaluru with the combined size of 2.4 million sq ft leasable area this year. this expansion is expected to push the company up to the rank of the country's largest mall develop
Tag: Industry India Source: indiatimes.com Dated: 2023-05-31
Apparel Brand Dockers ties up with Ace Turtle for India foray
"when we were revising the strategy for brand around three years ago, one of the pieces of the strategy was to grow internationally. and we do see asia and particularly india as one of the key components of that. it may have taken a while but it is certain
Tag: Industry India Source: indiatimes.com Dated: 2023-05-31
Tatas line up over Rs 7,600 crore to fund its electronics business
As per filings made to the registrar of companies (roc), tata electronics received over ₹608 crore capital infusion in 2022-23 from its holding company tata sons - the highest in a single financial year, taking the total capital infusion till now to ₹1
Tag: Industry India Source: indiatimes.com Dated: 2023-05-31
Lupin Partners Enzene to roll out biosimilar Cetuximab here
In july 2009, the us food and drug administration (usfda) approved eli lilly and merck's cetuximab (erbitux) for treatment of metastatic colorectal cancer and head and neck cancer. head and neck cancer presents a significant public health challenge in indi
Tag: Industry India Source: indiatimes.com Dated: 2023-05-31
Repco Home Finance surges 25% in 2 days post solid Q4 results
Repco delivered a healthy turnaround in operating performance under the new md & ceo in fy23 after a subdued fy22
Tag: Business Markets India Source: business-standard.com Dated: 2023-05-30
Participatory-notes investment hits 4-month high of Rs 95,911 cr in April
Investment in the indian capital markets through participatory notes has seen an upward trend in the past two months, with the number reaching rs 95,911 crore in april-end, primarily driven by the country's robust economic growth. this was the highest leve
Tag: Business Markets India Source: business-standard.com Dated: 2023-05-30
Silver futures decline Rs 538 to Rs 70,587 per kg on back of weak demand
Silver futures on tuesday fell rs 538 to rs 70,587 per kilogramme as participants reduced their bets. on the multi commodity exchange, silver contracts for july delivery declined rs 538 or 0.76 per cent to rs 70,587 per kg in a business turnover of 14,104
Tag: Business Markets India Source: business-standard.com Dated: 2023-05-30
ITC trades ex-date for dividend; stock gains over 2% in subdued market
Thus far in the calendar year 2023, itc has outperformed the market by surging 35 per cent, as compared to 2.8 per cent rise in the s&p bse sensex
Tag: Business Markets India Source: business-standard.com Dated: 2023-05-30
Inox Wind Energy, Inox Wind surge up to 11% on heavy volumes
Ministry of power on monday announced a complete waiver of the inter-state transmission system (ists) charges on the off-shore wind, green hydrogen, and green ammonia projects for 25 years.
Tag: Business Markets India Source: business-standard.com Dated: 2023-05-30
Force Motors freezes at 20% upper circuit, hits 52-week high on robust Q4
Force motors posted consolidated net profit of rs 146.62 crore against loss of rs 42.77 crore in the year ago quarter
Tag: Business Markets India Source: business-standard.com Dated: 2023-05-30
Jubilant Pharmova slips 11% on USFDA observation, weak Q4 results
The united states food and drug administration (us fda) has classified its inspection of the company's montreal canada contract manufacturing (cmo) facility as official action indicated (oai)
Tag: Business Markets India Source: business-standard.com Dated: 2023-05-30
Titan Company hits record high; surges 6% in one week on stable outlook
Titan's revenue to continue to record a healthy yoy growth over the next 2-3 years, driven by accelerated formalisation of the jewellery retail industry.
Tag: Business Markets India Source: business-standard.com Dated: 2023-05-30
Troubled airline Go First extends cancellation of flights until June 4
Go first had blamed the non-delivery of engines by the us engine manufacturer pratt & whitney for its failure to operate
Tag: Company India Source: business-standard.com Dated: 2023-05-30
Operating environment to remain volatile amid global slowdown: HUL
Leading fmcg maker hul expects the operating environment to remain volatile with global slowdown risks and weather-related uncertainty although price increase will tail off. in its annual report for 2022-23, the company said it anticipated a recovery in ma
Tag: Company India Source: business-standard.com Dated: 2023-05-30
BlackRock cuts Byju's valuation again. This time by 62% to .4 billion
However, byju's recently secured 0 million in fresh funding at a valuation cap of billion
Tag: Company India Source: business-standard.com Dated: 2023-05-30
Tata Technologies plans to hire 1,000 women engineers to promote diversity
Global engineering and product development digital services firm tata technologies ltd on tuesday said it aims to hire over 1,000 women engineers in 2023-24 as part of its move to promote gender diversity across its workforce. the company has launched its
Tag: Company India Source: business-standard.com Dated: 2023-05-30
Apollo Hospitals Enterprise Q4 net profit rises 60% to Rs 145 crore
The company's consolidated revenue from operation rose by 21.3 per cent to rs 4,302 crore for the march quarter as compared to rs 3,546 crore in the year-ago period
Tag: Company India Source: business-standard.com Dated: 2023-05-30
Inox Wind gets 150 MW wind energy project from NTPC Renewable Energy Ltd
Inox wind on tuesday said it has bagged a 150 mw wind energy project from ntpc renewable energy limited (ntpcrel) in gujarat. with this, the total orders awarded to inox wind from ntpc to date stands at 550 mw, the company said in a statement. inox wind ha
Tag: Company India Source: business-standard.com Dated: 2023-05-30
Sun Pharma, Philogen join hands to commercialise skin cancer drug in Europe
Sun pharmaceutical industries on tuesday said it has entered into a licensing pact with philogen spa to commercialise under-development skin cancer drug in europe, australia and new zealand. the companies have come together to commercialise philogen's spec
Tag: Company India Source: business-standard.com Dated: 2023-05-30
Go First lessors' request to repossess planes on hold, not rejected: DGCA
Dgca says can proceed to de-register go first aircraft after moratorium lifted
Tag: Company India Source: business-standard.com Dated: 2023-05-30
Capital Small Finance eyes Rs 14,000 cr in FY24 on back of MSME loan growth
Capital small finance bank limited is looking at its total business rising over rs 14,000 crore by the end of current financial year on the back of growth in its advances led by msme loans and mortgages. the jalandhar-headquartered bank has also plans to e
Tag: Company India Source: business-standard.com Dated: 2023-05-30
Top 4 IT companies see 40% drop in large client additions in FY23
Infosys is the only it firm whose net client addition remained flat at 23 in fy23. all the other firms added fewer clients
Tag: Company India Source: business-standard.com Dated: 2023-05-30
Unilever CFO Pitkethly to leave company by May 2024 as inflation worsens
The announcement of his departure comes as unilever, like the rest of the consumer goods industry, is grappling with significant cost inflation and pressure on its margins
Tag: Company India Source: business-standard.com Dated: 2023-05-30
After RIL-bp, Nayara Energy sells petrol, diesel at Re 1 less than PSUs
After reliance industries ltd and its partner bp plc of the uk, nayara energy - the nation's largest private fuel retailer - has started selling petrol and diesel at re 1 less than the fuel sold by state-owned retailers, officials said. while state-owned i
Tag: Company India Source: business-standard.com Dated: 2023-05-30
Mining giant Glencore lends 0 million to rival Vedanta Resources
In return, vrl pledges 4.4 per cent stake in vedanta to glencore
Tag: Company India Source: business-standard.com Dated: 2023-05-30
'TCS' best years ahead': Outgoing CEO Gopinathan writes to employees
Rajesh gopinathan welcomes new leader of it services firm, wishes him success
Tag: Company India Source: business-standard.com Dated: 2023-05-30
Adani-Hindenburg saga: Two Mauritius firms in report were under I-T lens
In its adani report, hindenburg research named five mauritius-based companies that collectively held sizeable stakes in adani group companies over one and a half decades
Tag: Company India Source: business-standard.com Dated: 2023-05-30
We are targeting more than Rs 1,300-crore turnover in FY24: DCI CEO
Dredging corporation of india ltd (dci) is targeting a 12 per cent growth to hit the turnover of more than rs 1,300 crore in the ongoing financial year, md & ceo s divakar said. to achieve the goal, the company is looking to participate in new dredging ten
Tag: Company India Source: business-standard.com Dated: 2023-05-30
HUL well placed to partner India growth story, says Chairman Nitin Paranjpe
Paranjpe said that hul is well-placed to partner the india growth story and is committed to playing its role in creating a sustainable and equitable future
Tag: Company India Source: business-standard.com Dated: 2023-05-30
Volume of Rs 500 fake notes detected up 14.6% on-year in FY23, says RBI
The number of counterfeit currency notes of rs 500 denomination detected by banking system, rose by 14.6 per cent to 91,110 pieces in 2022-23 compared to last year, according to rbi's annual report
Tag: Finance India Source: business-standard.com Dated: 2023-05-30
Banking fraud cases grow to 13,530 in FY23, amount halved to Rs 30,252 cr
The number of frauds in the banking sector went up to 13,530 in 2022-23 year-on-year, but the amount involved nearly halved at rs 30,252 crore, showed a reserve bank data released on tuesday. frauds occurred predominantly in the category of digital payment
Tag: Finance India Source: business-standard.com Dated: 2023-05-30
General govt deficit moderated to 9.4% of GDP in 2022-23, says RBI report
The general government deficit and debt moderated to 9.4% and 86.5% of gdp, respectively, in 2022-23 from peak levels of 13.1% and 89.4% in 2020-21 respectively, says rbi
Tag: Finance India Source: business-standard.com Dated: 2023-05-30
Volume of bank notes in circulation increased by 4.4% during 2022-23: RBI
The value and volume of banknotes in circulation increased by 7.8 per cent and 4.4 per cent, respectively, during 2022-23 as compared with 9.9 per cent and 5 per cent, respectively, in 2021-22, revealed the rbi annual report released on tuesday. in value t
Tag: Finance India Source: business-standard.com Dated: 2023-05-30
India bond yields dip as US peers reverse course
Indian government bond yields slightly decreased, tracking the us peers’ move, after american lawmakers achieved a temporary agreement to raise the debt ceiling and avoid a debt default. however, us yields are uncertain as congress must approve the deal.
Tag: Share Markets India Source: indiatimes.com Dated: 2023-05-30
Should you buy Sobha shares post Q4? Know what brokerages say
Tag: Share Markets India Source: indiatimes.com Dated: 2023-05-30
Tech View: Nifty consolidation not over yet. What should traders do on Wednesday
Indian stocks closed higher with nifty forming a bullish candle on the daily charts and giving the highest close of the last 112 sessions. support exists at 18,550 and 18,442 zones, while immediate targets are 18,750 and 18,888 zones. india vix was down 2.
Tag: Share Markets India Source: indiatimes.com Dated: 2023-05-30
SME IPO tracker: Infollion Research offer subscribed 5.68 times; CFF Fluid Control issue subscribed 54% so far
Infollion research's initial public offering (ipo) has been subscribed 5.68 times on day 2, with one day remaining. the ipo includes a fresh issue of 22.24 lakh units and an offer for sale of up to rs 3.92 lakh shares, priced between rs 80-82. infollion re
Tag: Share Markets India Source: indiatimes.com Dated: 2023-05-30
Apollo Hospitals Q4 Results: Net profit jumps 50% YoY to Rs 146 cr, revenue rises 21% to Rs 4,302 cr
Tag: Share Markets India Source: indiatimes.com Dated: 2023-05-30
Share market update: Most active stocks in today's market in terms of volume
The nse nifty index closed 35.2 points up at 18633.85
Tag: Share Markets India Source: indiatimes.com Dated: 2023-05-30
Stock market update: Fertilisers stocks down as market rises
The 30-share bse sensex closed up 122.75 points at 62969.13
Tag: Share Markets India Source: indiatimes.com Dated: 2023-05-30
Stock market update: Sugar stocks down as market rises
The 30-share bse sensex closed up 122.75 points at 62969.13
Tag: Share Markets India Source: indiatimes.com Dated: 2023-05-30
Breakout Stocks: How should investors trade Ujjivan Small Finance, Aurobindo Pharma and RIL on Wednesday
Stocks that were in focus include names like ujjivan small finance bank, which was up more than 7%, aurobindo pharma closed with gains of over 6% to hit a fresh 52-week high, and ril closed flat, but witnessed a bullish macd crossover on daily charts.
Tag: Share Markets India Source: indiatimes.com Dated: 2023-05-30
Stock market update: Mining stocks down as market rises
The 30-share bse sensex closed up 122.75 points at 62969.13
Tag: Share Markets India Source: indiatimes.com Dated: 2023-05-30
Gainers and Losers: Force Motors, Aurobindo Pharma among top 6 stocks in focus on Tuesday
While the sensex closed at 62,969.13, up by 122.75 points or 0.20%, the broader market nifty50 settled at 18,633.85, up by 35.20 points or 0.19%.
Tag: Share Markets India Source: indiatimes.com Dated: 2023-05-30
Stock market update: Stocks that hit 52-week lows on NSE in today's trade
Hindalco, adani ent., tech mahindra, tata steel and sun pharma were among the top losers on nse in today's trade.
Tag: Share Markets India Source: indiatimes.com Dated: 2023-05-30
Stock market update: Nifty IT index advances 0.2%
The nifty it index closed 0.2 per cent up at 29297.65.
Tag: Share Markets India Source: indiatimes.com Dated: 2023-05-30
RBI to hold rates through year-end, cut in early 2024: Poll
The reserve bank of india (rbi) is expected to keep its key interest rate unchanged at 6.50% at its june meeting and for the rest of 2023, according to a recent poll of economists by reuters. despite inflation falling to an 18-month low of 4.70% in april,
Tag: Share Markets India Source: indiatimes.com Dated: 2023-05-30
Stock market update: Power stocks up as market rises
The 30-share bse sensex closed up 122.75 points at 62969.13
Tag: Share Markets India Source: indiatimes.com Dated: 2023-05-30
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