NEWS. Stock Market NEWS Updated Daily

NEWS. Stock Market NEWS Updated Daily

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NEWS. Stock Market NEWS Updated Daily

Vodafone Idea FPO subscribed 26%; BSE warns investors against fake videos

Vodafone Idea FPO subscribed 26%; BSE warns investors against fake videos

Specialty chemicals company kronox lab sciences has received sebi's go-ahead to raise funds through an initial public offering (ipo), an update with the capital markets regulator showed on thursday
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-19

Ramkrishna Forgings to supply powertrain components to US' largest EV maker

Ramkrishna Forgings to supply powertrain components to US' largest EV maker

The company has not disclosed the name of the vehicle manufacturer in its announcement, but sources indicated that it could be tesla
Tag: Company India    Source: business-standard.com   Dated: 2024-04-19

Infosys Q4 results: Net profit jumps 30% to Rs 7,969 cr, revenue up 1.3%

Infosys Q4 results: Net profit jumps 30% to Rs 7,969 cr, revenue up 1.3%

Firm expects revenue growth of 1-3% in fy25
Tag: Company India    Source: business-standard.com   Dated: 2024-04-19

Nokia India posts 69% decline in sales at Rs 2,360 cr in March quarter

Nokia India posts 69% decline in sales at Rs 2,360 cr in March quarter

Finnish telecom gear maker nokia posted a 69 per cent decline in india sales to 265 million euros, about rs 2,360 crore, in the march quarter due to moderating 5g rollout in the country. the company had posted net sales of 853 million euros in the year-ago
Tag: Company India    Source: business-standard.com   Dated: 2024-04-19

Nvidia, Chip stocks drop into technical correction as rate bets shift

Nvidia, Chip stocks drop into technical correction as rate bets shift

The philadelphia semiconductor index and nvidia dropped more than 3% each wednesday, pushing them down more than 10% from record high levels reached in march
Tag: Company India    Source: business-standard.com   Dated: 2024-04-19

Promoters hike stake in over 200 companies on brighter prospects

Promoters hike stake in over 200 companies on brighter prospects

For instance, adani group increased its stake in ambuja cement from 63.15% to 66.70% in the march quarter by converting the warrants issued in october 2022. aditya birla group increased its stake in grasim by 31 basis points to 43.06% in the march quarter
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-04-19

Government bonds face FPI selloff as US yields harden

Government bonds face FPI selloff as US yields harden

Adding to the sudden reversal in foreign buying interest in bonds is the rise in crude oil prices over the past few weeks due to concerns of tighter supply and a recent flare-up in middle east tensions. a higher trajectory for crude oil prices imparts unce
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-04-19

Infosys Q4 net profit jumps 30%; company buys German tech firm for Rs 450 million

Infosys Q4 net profit jumps 30%; company buys German tech firm for Rs 450 million

Profit climbed to ₹7,969 crore in the march quarter, beating et's poll of ₹6,103 crore. other income buttressed the bottom-line through what turned out to be a tough year for revenue expansion, which hit the lowest pace in a decade. headcount shrank by
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-04-19

NARCL makes binding bid for Essel Infra's road project debt

The national asset reconstruction company of india (narcl) has offered to acquire ₹271 crore in debt from the ludhiana talwandi toll road (lttrpl), a road project awarded to subhash chandra's essel infraprojects in ludhiana. the project is a 78-kilometre
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-19

JSW Steel raises 0-million loan from eight foreign banks

India's largest alloy manufacturer, jsw steel, has raised 0 million from a consortium of eight foreign banks to refinance debt maturing this month and pre-pay high-cost borrowings. the loan was priced 180 basis points above the international secured ove
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-19

IPL's first 26 games attract 450 mn viewers

Disney star drew 450 million viewers for the first 26 indian premier league (ipl) matches, with 188 billion minutes of total watch time. cumulative reach and tvr rose 8% and 15% compared to the previous edition, with the mumbai indians vs. royal challenger
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-19

Dream11 gets relief from insolvency resolution process

Nclat freed sporta technologies from cirp after rejecting reward solutions' petition linked to a ₹7.61 crore default, aligned with section 10a guidelines under the insolvency and bankruptcy code, 2016. the tribunal overturned nclt mumbai's order regardin
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-19

NCLT notice to SpiceJet on 3 insolvency pleas filed by lessors for arrears worth Rs 77 crore

Nclt issued notice to spicejet over insolvency petitions by lessors awas 36698, awas 36694, awas 36695 for ₹77 crore arrears. legal arguments ongoing with previous petitions dismissed.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-19

Three pvt telecom operators ideal for India: Sunil Mittal

A market with three private telecom companies is optimal for india, bharti enterprises chairman sunil mittal said on thursday as debt-laden vodafone idea (vi) got a financial lifeline allaying fears of a duopoly in the telecom sector. "my position has been
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-19

Coal mine auction likely in May, 30 new blocks to be put on offer

The coal ministry will auction coal mines by may 10 to boost domestic production, reduce imports, and encourage imported coal-based power plants to switch to domestic fuel, aiming for zero thermal coal imports.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-19

Middle East crisis escalation may hurt pharma exports

While exports have not been affected so far, the next few days are crucial because, if there is serious escalation in the conflict, it could impact the whole middle east and north africa (mena) region. many indian pharma companies have a significant presen
Tag: Industry India    Source: indiatimes.com   Dated: 2024-04-19

Constellation Brands further distances itself from cannabis grower Canopy Growth


Tag: Breaking Business News USA    Source: marketwatch.com   Dated: 2024-04-19

Stock exchange to become administrative body for research analysts

Enlistment with a stock exchange may become mandatory
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-18

Benchmarks correct for 4th day, Nifty ends below 22,000, VIX crosses 13 mark

Domestic equity market experienced significant volatility on thursday, extending their losing streak to a fourth consecutive day. despite mixed global cues, the indices opened higher and remained positive in the first half of the trading session. however,
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-18

Infosys Q4 PAT climbs 30% QoQ; revises FY25 revenue guidance to 1%-3%

The it major's consolidated net profit jumped 30.51% to rs 7,969 crore in q4 fy24 from rs 6,106 crore in q3 fy24.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-18

Infosys consolidated net profit rises 30.04% in the March 2024 quarter

Sales rise 1.29% to rs 37923.00 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-18

Oriental Hotels consolidated net profit declines 6.80% in the March 2024 quarter

Sales decline 3.52% to rs 107.48 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-18

Accelya Solutions India standalone net profit declines 79.97% in the March 2024 quarter

Sales rise 14.05% to rs 118.48 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-18

SJVN Green Energy incorporates JV named SGEL Assam Renewable Energy

Powered by capital market - live news
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-18

Bajaj Auto Q4 PAT climbs 35% YoY to Rs 1,936 cr

The auto major's standalone net profit jumped 35.11% to rs 1,936 crore on 28.97% rise in revenue from operations to rs 11,484.68 crore in q4 fy24 over q4 fy23.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-18

Board of Bank of Baroda to consider capital raising options for FY25

On 25 april 2024
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-18

NSE to launch derivatives on Nifty Next 50 index from Apr 24, gets Sebi nod

The national stock exchange (nse) on thursday said it will introduce derivative contracts on nifty next 50 index from april 24. the nifty next 50 index represents 50 companies from nifty 100 after excluding the nifty 50 companies. in a statement, nse said
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-18

Board of Infosys approves acquisition of in-tech Holding GmbH

At meeting held on 17 & 18 april 2024
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-18

INR Recovers As Dollar Retreats From Recent Highs

The indian rupee recovered against the dollar as the american currency and international crude oil prices retreated from their elevated levels. rupee rebounded from its all-time low levels and appreciated 6 paise to close at 83.55 (provisional) against the
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-18

Sanathnagar Enterprises standalone net profit rises 86.87% in the March 2024 quarter

Sales reported at rs 2.30 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-18

NSE to launch derivatives on Nifty Next 50 Index from April 24th

The new offering will include futures and options contracts, settling in cash on the last friday of their expiry month. the nifty next 50 index tracks the performance of the next 50 largest companies in the nifty 100 after excluding those in the nifty 50.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-18

ITC Infotech to acquire Blazeclan Technologies

Blazeclan is a born-in-the-cloud consulting company providing cloud services on aws, azure and gcp, and has been recognized as a niche player in the 2023 gartner magic quadrant for public cloud it transformation services.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-18

Nifty April futures trade at premium

Nse india vix climbed 3.36% as shares tumbled.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-18

China Market ends mixed on geopolitical tensions

Market participants were also concerns about higher trade tensions between world two largest economies, as president joe biden on wednesday called for sharply higher u.s. tariffs on chinese metal products as part of a package of policies aimed at pleasing
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-18

Hong Kong: Market ends higher

Shares of banks and insurance companies were higher on bargain hunting, with aia rallied 2.2% to hk.85 and its peer ping an added 4.1% to hk.40.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-18

Australia Market rebounds 0.5%

At closing bell, the benchmark s&p/asx200 index was up 36.52 points, or 0.48%, to 7,642.11. the broader all ordinaries index advanced 37.85 points, or 0.48%, to 7,898.86.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-18

Singapore Market rises 1.05%

At closing bell, the straits times index (sti) index was up 32.97 points, or 1.05% to 3,187.66 after trading between 3,160.22 and 3,197.20. volume of 1.88 billion shares worth s.43 billion changed hands. across the broader market, advancers outpaced decl
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-18

Euro Recovers From Multi-Month Low Against Dollar But Momentum Fades

Euro loses steam during the european hours on thursday after having recovered significantly from a five and half month low against the dollar earlier in the week. pull back in dollar index futures from recent rally supported the single common currency. pos
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-18

Kronox Lab Sciences gets Sebi's go ahead to float Rs 45 crore IPO

Speciality chemicals company kronox lab sciences has received sebi's go ahead to raise funds through an initial public offering (ipo), an update with the capital markets regulator showed on thursday. the proposed offer comprises a fresh issue of equity sha
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-18

Quick Wrap: Nifty PSE Index falls 1.26%

Powered by capital market - live news
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-18

HDFC Life Insurance Company consolidated net profit rises 13.72% in the March 2024 quarter

Sales rise 5.47% to rs 20533.71 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-18

Barometers down for 4th day; Nifty breaches 22,000; VIX above 13 mark

As per provisional closing data, the barometer index, the s&p bse sensex slipped 454.69 points or 0.62% to 72,488.99. the nifty 50 index lost 152.05 points or 0.69% to 21,995.85.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-18

HDFC Life gains after Q4 PAT climbs 15% YoY to Rs 412 cr

Hdfc life insurance company rose 1.30% to rs 612.30 after the company's standalone net profit jumped 14.77% to rs 411.66 crore on 5.46% rise in net premium income to rs 20,488.11 crore in q4 fy24 over q4 fy23.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-18

Vodafone Idea FPO subscribed 0.18 times

The offer received bids for 222.96 crore shares as against 1,260 crore shares on offer.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-18

Mastek named a supplier on UK's MoD's DIPS framework

Crown commercial service (ccs) assisted mod in the production of the dips framework and became the framework authority upon go-live with mod responsible for all customer engagement. the dips framework is due to run for four years.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-18

Sterlite Technologies Ltd leads losers in 'A' group

Indraprastha gas ltd, max healthcare institute ltd, aegis logistics ltd and cartrade tech ltd are among the other losers in the bse's 'a' group today, 18 april 2024.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-18

Krystal Integrated Services Ltd leads losers in 'B' group

Polo queen industrial and fintech ltd, sadbhav engineering ltd, coffee day enterprises ltd and starlineps enterprises ltd are among the other losers in the bse's 'b' group today, 18 april 2024.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-18

ICICI Securities downgrades Ashok Leyland to 'Sell', sees 20% downside

Shares of ashok leyland fell 2.3 per cent to rs 172 per share on the bse in thursday's intraday after icici securities downgraded the stock to 'sell' from' hold'
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-18

Power Mech Projects wins orders of Rs 232 cr

A) order worth of rs. 122.89 crores from bhel in various packages as follows:
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-18

JNK's Rs 650 cr IPO to open on Apr 23, sets price band at Rs 395-415/share

Heating equipment maker jnk india ltd on thursday said it has fixed a price band of rs 395-415 per share for its rs 650-crore initial public offering (ipo). the initial share-sale will be open for public subscription during april 23-25 and the bidding for
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-18

Nifty slides below 22,100; FMCG stocks slide

At 14:32 ist, the barometer index, the s&p bse sensex, was down 186.19 points or 0.26% to 72,757.49. the nifty 50 index lost 52.05 points or 0.24% to 22,095.85.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-18

Volumes soar at Just Dial Ltd counter

Just dial ltd clocked volume of 89.76 lakh shares by 14:14 ist on nse, a 45.95 times surge over two-week average daily volume of 1.95 lakh shares
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-18

ITC Infotech to acquire Pune-based Blazeclan Technologies for Rs 485 crore

This acquisition is expected to augment itc infotech's capabilities to service its customers in a multi-cloud and hybrid cloud environment
Tag: Company India    Source: business-standard.com   Dated: 2024-04-18

Orders for ABB globally fall, drag share price for India-listed entity

Abb india closed at rs 6,367.20 per share on thursday, down 4.21%
Tag: Company India    Source: business-standard.com   Dated: 2024-04-18

Blackstone reports 1% rise in 1st-quarter earnings on growth in fee income

Blackstone raised billion of new capital, while unspent capital reached 1.2 billion. it declared a quarterly dividend of 83 cents per share
Tag: Company India    Source: business-standard.com   Dated: 2024-04-18

Sales of first electric car 'SU7' 3-5 times higher than expected: Xiaomi

Lei, xiaomi's founder, made the comments during a two-hour livestream on douyin, the chinese equivalent of tiktok, that garnered over 34 million viewers
Tag: Company India    Source: business-standard.com   Dated: 2024-04-18

Infosys Q4 results: Net profit jumps 30% to Rs 7,969 crore, revenue up 1.3%

Shares of infosys on thursday closed at rs 1,420.55 apiece on bse ahead of its q4fy24 results
Tag: Company India    Source: business-standard.com   Dated: 2024-04-18

Bajaj Auto Q4 FY24 results: Net profit rises 18% to Rs 2,011 crore

Bajaj auto share was trading at rs 9,063.15 at 5:00 pm on thursday
Tag: Company India    Source: business-standard.com   Dated: 2024-04-18

Apple's India push puts Tamil Nadu on top on electronic exporters

This accounts for around 33 per cent of the total exports of the country, surpassing a billion target set by the state a few months ago
Tag: Company India    Source: business-standard.com   Dated: 2024-04-18

Here's what will happen to Nestle if found guilty in sugar controversy

'nestle adds sugar to infant milk sold in less affluent nations, including india, but not in its primary markets like europe or the uk,' said a report by public eye
Tag: Company India    Source: business-standard.com   Dated: 2024-04-18

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