NEWS. Stock Market NEWS Updated Daily
NEWS. Stock Market NEWS Updated Daily
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NEWS. Stock Market NEWS Updated Daily
Financial markets to remain shut for Ram Navami today
Domestic markets shut for ram navami. mcx trades normally but settlement holiday affects account credits. 2024 has 14 holidays, including muharram and gurunanak jayanti.
Tag: Share Markets India Source: indiatimes.com Dated: 2024-04-17
Now, India shooting for home-made bullet trains
India is developing a home-built bullet train exceeding 250 kmph, using vande bharat platform technology by icf, chennai. the project integrates indian tech and domestic manufacturing, funded by jica with completed pier work and land acquisition for the mu
Tag: Industry India Source: indiatimes.com Dated: 2024-04-17
Big grocers queue up to put 24Seven in bag
Godfrey phillips india had said in an exchange filing on april 12 that it plans to exit the loss-making 24seven convenience chain "following a detailed review of the company's retail business division". the negotiations will hinge on valuation, said one o
Tag: Industry India Source: indiatimes.com Dated: 2024-04-17
Apple bonanza: iPhones drive India's mobile phone exports to record billion
Apple contributed 65%, or about billion, double the billion of phone exports from india in fy23, when the us major became the first smartphone brand to achieve this feat.
Tag: Industry India Source: indiatimes.com Dated: 2024-04-17
Insurance cos to curate policies with flexibility in wordings
Insurance companies in india are adjusting their policy terms, conditions, clauses, and wordings to provide customers with more flexibility in tailoring coverage. this change is expected to be visible in july or october renewals, as it will take time for i
Tag: Industry India Source: indiatimes.com Dated: 2024-04-17
Calcutta HC passes interim order in Glocal case
Uphealth, a digital health company, acquired a 95% stake in glocal in 2020. the dispute started after uphealth claimed their right to two directors on the board of glocal as per the share purchase agreement (spa) in september 2022, which was defeated in an
Tag: Industry India Source: indiatimes.com Dated: 2024-04-17
Delhi-NCR towers over other metros in luxe apartment demand
Delhi-ncr is leading a surge in demand for luxury apartments in india, with 61% of total launches in the march quarter in delhi ncr. this trend is driven by buyers increasingly drawn to luxury apartments, with most projects selling out within days of launc
Tag: Industry India Source: indiatimes.com Dated: 2024-04-17
Zee withdraws NCLT plea in Sony merger case
In an official statement issued late on monday evening, the company said it has withdrawn the implementation application based on the advice received by the board after a detailed consultation with legal experts. sony and zee had signed definitive agreemen
Tag: Industry India Source: indiatimes.com Dated: 2024-04-17
Deal activity on the rise in consumer & retail sector
India's consumer and retail sector experienced a surge in m&a and private equity deal activity in the march quarter. the sector recorded 102 deals valued at .74 billion, with a focus on acquisitions and investments in the food processing and healthy
Tag: Industry India Source: indiatimes.com Dated: 2024-04-17
Protos, Paharpur Cooling get CCI nod to raise stake in Thyssenkrupp India
The competition commission of india (cci) has approved protos engineering company and paharpur cooling towers' acquisition of an additional stake in thyssenkrupp industries india. thyssenkrupp industries india provides engineering, procurement, and constru
Tag: Industry India Source: indiatimes.com Dated: 2024-04-17
We see 5G adoption happening in India with new use cases: Borje Ekholm, CEO, Ericsson
"from a global perspective, we knew india had an unprecedented pace of build-up last year and it was expected that it would come down this year. so that is perfectly in line with what we expected. the interesting thing is we see an adoption of 5g happening
Tag: Industry India Source: indiatimes.com Dated: 2024-04-17
NTPC green to file DRHP by July, aims for listing by November
Ntpc's green energy arm plans a ₹10,000-crore ipo by november, focusing on clean energy, e-mobility, and renewable capacity addition. the company aims for 60 gw renewable energy capacity by 2032.
Tag: Industry India Source: indiatimes.com Dated: 2024-04-17
Oversold Taiwan Stock Market Due For Support
(rttnews) - the taiwan stock market has tracked lower in five straight sessions, slumping almost 900 points or 4.4 percent along the way. the taiwan stock exchange now sits just above the 19,900-point plateau and it may stop the bleeding on wednesday.
Tag: Stock Market USA Source: nasdaq.com Dated: 2024-04-17
Little Movement Expected For Singapore Stock Market
(rttnews) - the singapore stock market has moved lower in four straight sessions, slipping more than 90 points or 3 percent along the way. the straits times index now rests just beneath the 3,145-point plateau and it's looking at a steady start on wednesda
Tag: Stock Market USA Source: nasdaq.com Dated: 2024-04-17
Den Networks consolidated net profit declines 40.78% in the March 2024 quarter
Sales decline 8.80% to rs 258.02 crore
Tag: Business Markets India Source: business-standard.com Dated: 2024-04-16
Benchmarks suffer 3rd straight session of losses; Nifty below 22,150
Stock markets got slammed today for a third straight session, with the nifty 50 falling below 22,150. it and banking stocks dragged the benchmarks, spooked by a nasty cocktail of worries. rising us bond yields, a record-low rupee, and simmering middle east
Tag: Business Markets India Source: business-standard.com Dated: 2024-04-16
Dynacons Systems wins contract of Rs 233 cr from NABARD
Dynacons systems & solutions announced its latest achievement in securing a significant contract worth rs. 233 crore (all inclusive) from the national bank for agriculture and rural development (nabard). this monumental contract encompasses the upgradation
Tag: Business Markets India Source: business-standard.com Dated: 2024-04-16
Veranda inks strategic agreement with Pearson
To collaborate on content creation and delivery of resources for test preparation and higher education in india
Tag: Business Markets India Source: business-standard.com Dated: 2024-04-16
Nifty April futures trade at premium
Nse india vix rose 1.18% as shares declined.
Tag: Business Markets India Source: business-standard.com Dated: 2024-04-16
Heating equipment maker JNK India's set to open its IPO on April 23
Heating equipment maker jnk india ltd is set to open its initial public offering (ipo) on april 23. the initial share-sale will conclude on april 25 and the bidding for anchor investors will open for a day on april 22, according to the red herring prospect
Tag: Business Markets India Source: business-standard.com Dated: 2024-04-16
Aditya Birla Capital launches its omnichannel D2C platform 'ABCD'
Backed by scalable infrastructure, user-friendly and intuitive interface, and robust functionalities, the platform offers a simple and differentiated experience across all touch points including mobile app, website, branches, and virtual engagement channel
Tag: Business Markets India Source: business-standard.com Dated: 2024-04-16
Coal India's capex rises 6.5% to Rs 19840 cr in FY2024
Coal india's (cil) capital expenditure as whole has risen by 6.5% on year to rs.19,840 crore ending fy 2024, the highest till date. comparatively, the capex was rs. 18,619 crore in the preceding fiscal year. cil achieved 120% target satisfaction over the y
Tag: Business Markets India Source: business-standard.com Dated: 2024-04-16
Quick Wrap: Nifty IT Index declines 2.58%
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Tag: Business Markets India Source: business-standard.com Dated: 2024-04-16
Market slides for 3rd day; Nifty ends below 22,150
As per provisional closing data, the barometer index, the s&p bse sensex declined 456.10 points or 0.62% to 72,943.68. the nifty 50 index lost 124.60 points or 0.56% to 22,147.90. in three trading sessions, the sensex shed 2.79% while the nifty 50 declined
Tag: Business Markets India Source: business-standard.com Dated: 2024-04-16
Happy Forgings bags multi-year order for supply of brake flanges
With order value estimated at rs 500 cr till 2034
Tag: Business Markets India Source: business-standard.com Dated: 2024-04-16
Sasken Technologies forges strategic partnership with JOYNET
Sasken technologies and joynext, a respected tier1 player in the automotive industry, announced a strategic partnership to collaborate on the development and launch of cutting-edge platforms for both in-vehicle systems (navigation, digital cockpit and 5g t
Tag: Business Markets India Source: business-standard.com Dated: 2024-04-16
Sasken Tech rises after inking pact with Joynext
Sasken technoloies jumped 2.96% to rs 1571.80 after the company announced a strategic partnership with joynext to collaborate for the development of automotive industry.
Tag: Business Markets India Source: business-standard.com Dated: 2024-04-16
Mutual fund assets soar 35% to new peak of Rs 53.4 trillion in FY24
The mutual fund assets surged by rs 14 lakh crore or 35 per cent year-on-year to a record rs 53.40 lakh crore in fy24, propelled by the growing participation of retail investors and buoyant equity markets. this percentage gain was the highest since fiscal
Tag: Business Markets India Source: business-standard.com Dated: 2024-04-16
CRISIL slides after Q1 PAT drops 5% YoY to Rs 138 cr
Crisil declined 3.52% to rs 4,665 after company reported 5.50% fall in consolidated net profit to rs 137.72 crore in q1 cy24 as against rs 145.75 crore posted in corresponding quarter last year.
Tag: Business Markets India Source: business-standard.com Dated: 2024-04-16
J&K Bank appoints Fayaz Ganai as CFO
Jammu & kashmir bank announced that its board has appointed fayaz ahmad ganai as the chief financial officer (cfo) of the bank for three years with effect from 16 april 2024.
Tag: Business Markets India Source: business-standard.com Dated: 2024-04-16
Singapore Market extends fall on Middle East tensions
At closing bell, the straits times index (sti) index was down 38.85 points, or 1.22% to 3,144.76 after trading between 3,136.44 and 3,179.81. volume of 2.06 billion shares worth s.55 billion changed hands. across the broader market, decliners outpaced ad
Tag: Business Markets India Source: business-standard.com Dated: 2024-04-16
Passenger Air Traffic Gains 3.7% On Year In March 2024
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Tag: Business Markets India Source: business-standard.com Dated: 2024-04-16
Hong Kong Market extends sell-off
China's gross domestic product (gdp) grew 5.3% in january-march from the year earlier, slightly faster than the 5.2% expansion in the previous three months. however, a raft of march indicators released alongside the gdp data, including property investment,
Tag: Business Markets India Source: business-standard.com Dated: 2024-04-16
KEI Industries Ltd leads losers in 'A' group
Infosys ltd, coforge ltd, mphasis ltd and au small finance bank ltd are among the other losers in the bse's 'a' group today, 16 april 2024.
Tag: Business Markets India Source: business-standard.com Dated: 2024-04-16
China Market falls after disappointing data
China's gross domestic product (gdp) grew 5.3% in january-march from the year earlier, slightly faster than the 5.2% expansion in the previous three months. however, a raft of march indicators released alongside the gdp data, including property investment,
Tag: Business Markets India Source: business-standard.com Dated: 2024-04-16
This power related stock has rallied 63% in 4 weeks; zoomed 660% in 1 year
In the past four weeks, the stock price of heavy electric equipment company has surged 63 per cent. while in the past one year, it zoomed 660 per cent
Tag: Business Markets India Source: business-standard.com Dated: 2024-04-16
Polo Queen Industrial and Fintech Ltd leads losers in 'B' group
Atam valves ltd, utkarsh small finance bank ltd, mehai technology ltd and welspun investments & commercials ltd are among the other losers in the bse's 'b' group today, 16 april 2024.
Tag: Business Markets India Source: business-standard.com Dated: 2024-04-16
Australia Market tumbles for fourth straight session
Market participants remain wary about what israel may do next following a barrage of iranian drone and missile attacks. also investors were awaiting an australian labour force survey and the quarterly inflation reading for clues on the reserve bank of aust
Tag: Business Markets India Source: business-standard.com Dated: 2024-04-16
Healthcare firm Nephro Care India files papers to raise funds via IPO
Healthcare provider will use the proceeds to set up a hospital in kolkata and for general corporate purposes
Tag: Business Markets India Source: business-standard.com Dated: 2024-04-16
Dollar Index Holds Around Five Month High, World Bank To Release Global Economic Prospects Report Soon
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Tag: Business Markets India Source: business-standard.com Dated: 2024-04-16
Barometers trade lower; PSU bank shares under pressure
At 14:25 ist, the barometer index, the s&p bse sensex, was slipped 562.10 points or 0.77% to 72,837.68. the nifty 50 index declined 145.10 points or 0.65% to 22,127.40.
Tag: Business Markets India Source: business-standard.com Dated: 2024-04-16
Volumes soar at Honasa Consumer Ltd counter
Honasa consumer ltd recorded volume of 13.23 lakh shares by 14:14 ist on nse, a 7.51 times surge over two-week average daily volume of 1.76 lakh shares
Tag: Business Markets India Source: business-standard.com Dated: 2024-04-16
Japan Nikkei tumbles amid rising interest rates woes
Market sentiments weighed down further amid rising geopolitical tensions between iran and israel after irans launch of drones and missiles at israel on saturday night, marking the first direct attack on israel from iranian territory. global investors remai
Tag: Business Markets India Source: business-standard.com Dated: 2024-04-16
CRISIL consolidated net profit declines 5.51% in the March 2024 quarter
Sales rise 3.19% to rs 737.68 crore
Tag: Business Markets India Source: business-standard.com Dated: 2024-04-16
Real Estate shares slide
Real estate stocks were trading with losses, with the s&p bse realty index index falling 42.06 points or 0.57% at 7370.59 at 13:41 ist.
Tag: Business Markets India Source: business-standard.com Dated: 2024-04-16
Information Technology stocks edge lower
Information technology stocks were trading in red, with the s&p bse it sector index decreasing 736.98 points or 2.09% at 34480.12 at 13:41 ist.
Tag: Business Markets India Source: business-standard.com Dated: 2024-04-16
Veranda Learning advances after forming strategic partnership with Pearson
Veranda learning solutions gained 1.85% to rs 195.05 after the company announced a strategic agreement with pearson to synergize their expertise in content creation and delivery of resources for test preparation and higher education in india.
Tag: Business Markets India Source: business-standard.com Dated: 2024-04-16
Indices trade with deep cuts, European mkt opens lower
At 13:30 ist, the barometer index, the s&p bse sensex, was slipped 665.45 points or 0.91% to 72,734.33. the nifty 50 index declined 176.20 points or 0.79% to 22,096.30.
Tag: Business Markets India Source: business-standard.com Dated: 2024-04-16
Ugro Capital jumps after AUM climbs 48% YoY in Q4 FY24
Ugro capital rallied 3.64% to rs 266 after the company's asset under management (aum) jumped 48% to rs 9,000 crore in q4 fy24 as compared with rs 6,081 crore in q4 fy23.
Tag: Business Markets India Source: business-standard.com Dated: 2024-04-16
Tesla layoffs: Global job cuts to impact leading markets US, China
Tesla faces increasing competition in china in a fierce price war with rivals led by byd, slowing sales in the united states, as well high investment costs in new models and artificial intelligence
Tag: Company India Source: business-standard.com Dated: 2024-04-16
Govt defers approval of Paytm's Rs 50 cr investment in its payments arm
Paytm sought government approval last year for the investment it had already made in its newly established payments gateway arm
Tag: Company India Source: business-standard.com Dated: 2024-04-16
Juniper Green commissions 25.2 MW capacity of its 70 MW wind energy project
Delhi-ncr based juniper green energy on tuesday announced commissioning of 25.2 mw capacity of its 70-mw wind power project. the project has been commissioned almost nine months before the scheduled commercial date of operation, the company said in a state
Tag: Company India Source: business-standard.com Dated: 2024-04-16
Tomorrow Capital leads .7 mm fundraise for kidney care startup VitusCare
Venture capital fund tomorrow capital on tuesday said it has led a usd 2.7 million (over rs 20 crore) fundraise for vituscare, a kidney care startup based in gurugram. in addition to tomorrow capital's contribution, the series a funding round saw participa
Tag: Company India Source: business-standard.com Dated: 2024-04-16
Hewlett Packard Enterprise starts deployment of Made-in-India servers
In july last year, hpe revealed its make in india plans in partnership with vvdn technologies, where it aimed to manufacture around bn worth of high-volume servers in the first 5 yrs of production
Tag: Company India Source: business-standard.com Dated: 2024-04-16
Chhattisgarh's NMDC iron production rises 11%, sales surge 16% in FY24
Compared to the previous year's 29.04 mt, the production at the chhattisgarh units jumped 11.67 per cent. the dolimalai mine produced 12.67 mt of iron ore, up 7.56 per cent y-o-y
Tag: Company India Source: business-standard.com Dated: 2024-04-16
Apollo Tyres gets Rs 2.06 crore tax demand from Tamil Nadu officials
Apollo tyres ltd on tuesday said it has received tax demand and penalty of rs 2.06 crore from gst authority in tamil nadu over availing of input tax credit and other issues. the deputy commissioner (ct), tamil nadu has passed an order under gst act demandi
Tag: Company India Source: business-standard.com Dated: 2024-04-16
CRISIL results: Net profit drops 5% to Rs 138 crore in Jan-March quarter
Ratings firms crisil on tuesday reported a 5.4 per cent drop in consolidated net profit to rs 138 crore for the first quarter ended march 31. the company had posted a net profit of rs 146 crore in the same period last year. crisil's consolidated total inco
Tag: Company India Source: business-standard.com Dated: 2024-04-16
GQG looking to invest around 0 million in ailing Vodafone-Idea
The .2 billion share sale, which will start on april 18 and close april 22, has a floor price of 10 rupees (12 cents) per share and a ceiling price of 11 rupees
Tag: Company India Source: business-standard.com Dated: 2024-04-16
Coal India's capital expenditure up 6.5% to Rs 19,840 crore in FY24
State-owned cil on tuesday said its capital expenditure increased by 6.5 per cent to rs 19,840 crore in fy24. the company's capital expenditure was rs 18,619 crore in fy23, coal india ltd (cil) said in a statement. it accounts for over 80 per cent of the d
Tag: Company India Source: business-standard.com Dated: 2024-04-16
Zomato launches all-electric 'large order fleet' catering to parties
Zomato ceo deepinder goyal posted on x (formerly twitter) that the company previously managed large orders through multiple delivery agents, resulting in subpar customer experiences
Tag: Company India Source: business-standard.com Dated: 2024-04-16
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