Building blocks of nation will need creators of every kind, says Harsh Goenka; Khaitan & Cos Haigreve Khaitan and PwC India boss Sanjeev Krishan also laud PM

Led by strong rise in profitability, these stocks have also rallied sharply and given up to 200% return in the last one year.

A career banker who started his career in the State Bank of India, became the youngest chairman of a state-run lender Bank of India at 44. He was asked to head ICICI Bank during the Rajiv Gandhi administration.

On December 27, IDFC Ltd said the Reserve Bank of India (RBI) has givenno objection certificate (NOC) for the amalgamation of IDFC Limited, IDFC FHCL, and IDFC First Bank.The boards of IDFC Financial Holding CoLtd, IDFC Ltd, and IDFC First Bank had approved the merger in July 2023.

The BSE's barometer Sensex rose 88.91 points, or 0.12 per cent to 74,005.94-mark. NSE's Nifty50 gained 35.90 points, or 0.16 per cent, to 22,502.00.

In an update to its users, Club Vistara informed that its frequent flyer programme will be merged with Air Indias Flying Returns programme. The airline said that details regarding co-brand cards will be shared in the coming weeks.

OYO had filed preliminary IPO documents with the Securities and Exchange Board of India (Sebi) for a Rs 8,430 crore IPO in September 2021.

In2019, the company said that it would seek approvalfromits shareholders every five years for royalty payments tothe parentcompany after receiving investor and proxy firm's feedback on the issue.

The growth rate of the market value of anti-hypertensives recorded fluctuations over the years but maintained a stable demand overall, according to Pharmatrac data.

T-bills, issued by the Indian government, are short-term debt instruments for its borrowing needs. They are highly liquid and secure investments with 91, 182, and 364-day maturity options.

Defence players such as Astra Microwave Products and Hindustan Aeronautics have gained 124% and 194%, respectively, since May 17, 2023.

In a recent BSE interaction, Finance Minister Nirmala Sitharaman was questioned by a broker on the hoard of taxes his community has to bear.

ICICI Securities, Morgan Stanley India Company, Axis Capital, Nuvama Wealth Management, HDFC Bank and IIFL Securities are the book running lead managers of the Go Digit IPO.

BSE barometer Sensex rose 129 points, or 0.17 per cent to Rs 74,047-mark. NSE's Nifty50 added 43.05 points, or 0.19 per cent, to 22,509.15.

The prime minister said Rs 17,000 crore of the Rs 1.25 lakh crore of seized money has already been returned. Real estate constitutes nearly 80% of the value of the seized assets.

After purchasing equities worth Rs 13,672 crore from April 8-12, FIIs offloaded Rs 50,260 crore of sharesbetween April 15 and May 17. The buying appetite of DIIs capped the downside. According to data from the exchanges, DIIs bought shares worth Rs 64,400 crore during the same period.

Under Sandeep Barasia leadership as the Chief Business Officer, the company entered new business segments of supply chain services, truckload, and cross-border logistics and significantly diversified its revenue base.

PM wants to ensure robust entrepreneurial ecosystem, says Ajay Piramal; several other business leaders laud Modis comments

PM wants to ensure robust entrepreneurial ecosystem, says Ajay Piramal; several other business leaders laud Modis comments

SpiceJet and Singh had approached the Delhi HC where they sought to annul the portion of the award which instructed them to refund Rs 270 crore to Kal Airways and Maran.

Addressing the industry at the CII Annual Business Summit, Nageswaran said the country needs to have capital market reforms to push growth, and that market regulators have an unenviable task ahead.

NSE and BSE will undergo an intraday switch from the primary site to the disaster recovery (DR) site during the mentioned session.

Brightcom Group share price: The stock plunged 5 per cent to settle at its fresh one-year low of Rs 11.08. At this price, it cracked has 14.18 per cent in three trading days and 25.59 per cent in a month.

Writ petition raises concerns over governments inefficiency in preventing excessive use of pesticides

Cochin Shipyard share price: The stock surged as much as 6.89 per cent in intraday trade to hit an all-time high of Rs 1,438.65. It eventually settled 5.13 per cent higher at Rs 1,414.90. At this price, the multibagger scrip has gained 107.61 per cent in 2024 so far and 417.43 per cent in a year.

Move aimed at curbing tax evasion in the sector, another form to be issued soon

Elections 2024: Voters in Mumbai North, Mumbai North-West, Mumbai North-East, Mumbai North-Central, Mumbai South-Central and Mumbai South will cast their votes on May 20, Monday.

Multibagger stock: Mazagon Dock Shipbuilders stock surged 14.57% to Rs 2794.40 against the previous close of Rs 2439 on BSE. Market cap of Mazagon Dock rose to Rs 55,808 crore.

Trade between India and Russia stood at $65.7 billion in the financial year ending March 2024, a 33 per centjump over previous year.

Stocks to watch: Any potential freebies post elections can significantly re-rate consumer sector. PL likes HUL, ITC, Britannia and Titan Company shares.

If the Indian National Congress (INC)'s INDIA alliance makes a surprise win, it would lead to derating for the domestic stock market, said Prabhudas Lilladher adding that sectors such as defence, capital goods and tourism could take a hit.

The Pune-based Go Digit General Insurance is selling its shares in the price band of Rs 278-272 apiece. Investors can apply for a minimum of 55 shares and its multiples thereafter.

Vedanta has announced investments in Vedanta Copper International VCI Company Limited for setting up of Continuous Cast Copper Rod Plant in Kingdom of Saudi Arabia.

Vodafone Idea share price: The company's consolidated revenue moved 0.7 per cent higher on a year-on-year (YoY) basis to Rs 10,607 crore for the quarter ended on March 31, 2024.

Biocon, founded in 1978, is one of Indias leading biopharma company. It is fully integrated and delivers biopharma solutions, ranging from discovery to development and commercialisation.

L&T share price: Shares of L&T were last seen trading 0.38 per cent lower at Rs 3,446.45 today. At this price, the stock has slipped 2.15 per cent on a year-to-date (YTD) basis.

According to reports, the aircraft sustained damage to its nose and a tyre near the landing gear as a result of the collision. Despite the impact, all passengers and crew members were confirmed to be safe by an airport official with no casualties reported.

CochinShipyardshares gained 3.81% to a high of Rs 1397.25 against the previous close of Rs 1345.90. Market cap of the defence stock stood at Rs 35,880 crore.

Infosys promoters held a total 14.71 per cent stake in the IT firm as on March 31. SD Shibulal held 52,08,673 shares or 0.14 per cent stake while his wife Kumari Shibulalheld 49,45,935 shares or 0.13 per cent stake in the IT firm.

The watch is distinguished by its use of one of the last Re 1 coins minted during the British Raj, adorned with Devanagari numerals.

Covaxin side-effects: Bharat Biotech said that for a study to be effective, informative and to avoid investigator bias, a few data points are required, including the AESI safety profile of the subjects prior to the participation in the study.

Kaynes Technology share price: Profit after tax (PAT) came at Rs 81.3 crore, up 96.8 per cent on a year-on-year (YoY) basis. During the quarter under review, PAT margin was at 12.8 per cent. Revenue from operations jumped 74.8 per cent (YoY) to Rs 637.3 crore in Q4 FY24.

Multibagger stock: Jindal Steel stock gained 1.65% to Rs 1021.95 against the previous close of Rs 1005.30 on BSE. The stock hit record high for the fourth straight session today after the firm announced its Q4 and FY24 earnings on May 13 post market hours.

Adani Ports was under observation since March 2022, and the decision for exclusion is based on a recommendation from the Council on Ethics of November 21, 2023.

Elections 2024: Antique said the final turnout data may increase further as the Election Commission has provided an optional postal ballot facility for the first time to voters above 85 years.

Vodafone Idea shares rose 0.23 per cent to Rs 13.24 on BSE. The stock is down 22 per cent year-to-date. Motilal Oswal said cost savings resulted in 2 per cent Q4 Ebitda growth, sequentially.

Multibagger stock: Triveni Turbine shares rose 6.84% in early dealsagainst the close of Rs 605.05 in the previous session. The power sector stock has gained 44.09% this year and risen 57.54% in a year.

EClerx Services share buyback: The IT firm said its board has approved the proposal of buy back of not exceeding 13,75,000 fully paid-up equity shares of face value Rs 10 each for an amount not exceeding Rs 385 crore.

UN's World Economic Situation and Prospects 2024 has revised Indias growth projection to 6.9 per cent in 2024, from 6.2 per cent that was projected in January.

The UN in January had projected a growth rate of 6.2 per cent, which has now been revised upwards. The projection for 2025 at 6.6 per cent remains unchanged.