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Top News / Business Today

'Abandoned baby of Indian markets...': Zerodha co-founder Nithin Kamath laments high STT on intraday equity

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

18 May 2024 10:32 am
Go Digit General Insurance IPO allotment status: Check application, latest GMP and listing date

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.

18 May 2024 10:06 am
Sensex, Nifty end first phase of Saturday's special trading sessionon a flat note

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.

18 May 2024 9:39 am
Lost money via UPI, credit/debit cards, or ATM scams? Dont panic, follow these steps

A key component behind the rapid rise ofUPI, card, and ATM scams in India is the art of social engineering a crafty blend of psychological manipulation and technological trickery. Scammers play on the most basic human instincts: trust and urgency.

18 May 2024 7:59 am
FIIs sold Rs 50,000 crore of shares in 5 weeks; here's why

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.

18 May 2024 7:31 am
'Celebrating entrerpreneurs essential for growth': India Inc. showers plaudits on PM Modis endorsement of wealth creators

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

17 May 2024 8:36 pm
NSE, BSE to hold special trading session on Saturday (May 18): Check timings, other key details

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

17 May 2024 6:52 pm
What can be improved about healthcare insurance in India

Addressing the challenges facing healthcare insurance in India requires a concerted effort towards transparency and efficiency.

17 May 2024 6:49 pm
Brightcom Group shares dive 14% in 3 days as NSE's 'trading suspension' sword hangs; see analyst views

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.

17 May 2024 5:40 pm
Early retirement: This wealth expert feels you should not retire early but invest for financial freedom

Many experts have been encouraging the pursuit of financial independence, with the objective of achieving early retirement. But many feel this is not a viable option.

17 May 2024 5:29 pm
Cochin Shipyard shares jump 7% to hit fresh record high; here's what analysts say

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.

17 May 2024 4:38 pm
BSE, NSE: Will stock market be closed on Monday, May 20, for Mumbai elections?

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.

17 May 2024 3:56 pm
As EPFO struggles with staff shortage, higher pension subscribers are kept waiting

Almost 18 months after the Supreme Court ruling, subscribers who opted for a higher pension under the Employees' Pension Scheme continue to wait as the EPFO, facing a staff crunch, tries to figure out the math

17 May 2024 3:47 pm
Election-proof stocks: Hedge portfolio with these shares ahead of poll outcome

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

17 May 2024 2:41 pm
ITR filing AY 2024-25: I-T dept makes changes in ITR-1 for AY2024-25. Check details here

The most common ITR form is ITR-1, which is also known as Sahaj Form. It is meant for resident individuals whose total income for the financial year does not surpass Rs 50 lakh.

17 May 2024 2:41 pm
BJP or INC-led INDIA? Stocks to buy in 4 different election outcome scenarios

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.

17 May 2024 1:35 pm
Zerodha Kite introduces 'Notes' for investors to track stocks. Check feature details

The 'Notes' feature is currently available on the Kite website and will soon be rolled out to the Kite app.

17 May 2024 1:15 pm
Go Digit IPO sails through on last day of bidding; all categories fully booked

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.

17 May 2024 1:12 pm
Vedanta shares climb on Rs 8,500 crore fundraising plan, dividend

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.

17 May 2024 12:58 pm
Vodafone Idea shares climb 4% even as Q4 loss widens; here's why

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.

17 May 2024 12:54 pm
Biocon shares: Why brokerages divided on this pharma counter after Q4 results

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.

17 May 2024 12:15 pm
L&T's construction arm bags 'significant' order; stock down

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.

17 May 2024 11:46 am
CochinShipyardshares approach Rs 1,400 mark, hit record high; whats next?

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.

17 May 2024 11:29 am
Infosys shares fall; SD Shibulal's family member sells partial stake

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.

17 May 2024 11:17 am
Ed Sheeran dons Jaipur Watch Company timepiece on Netflix's The Great Indian Kapil Show

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

17 May 2024 11:03 am
Kangana Ranaut has 50 LIC policies: Good or bad idea. Here's what financial experts have to say

While Ranaut's property portfolio consists of real estate investments, her financial portfolio also includes a substantial investment in insurance policies, with a notable holding of 50 Life Insurance Corporation (LIC) plans in her name.

17 May 2024 10:55 am
Multibagger metal stock in a bull run, hits record high for fourth session; heres why

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.

17 May 2024 10:34 am
Adani Ports shares fall as Norway's Norges Bank to cut-off Adani Group firm

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.

17 May 2024 10:17 am
BJP may improve 2019 seat tally; concerns of a repeat of 2004 misplaced, says Antique

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.

17 May 2024 10:15 am
Vodafone Idea shares: Motilal maintains 'neutral' on telecom stock, says this

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.

17 May 2024 9:24 am
Multibagger stock climbs 7% on stellar Q4 earnings, dividend announcement

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.

17 May 2024 9:23 am
eClerx Services stock in focus as IT firm announces share buyback, dividend & Q4 results

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.

17 May 2024 9:05 am
Less foreign investment going to China, India an alternative destination: UN expert

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.

17 May 2024 8:51 am
UN revises Indias 2024 GDP growth upwards to 6.9% from 6.2% projected in Jan

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.

17 May 2024 8:22 am
'Most inexpensive stock': Here are share price targets for LIC Housing Finance

LIC Housing's re-rating hinges on higher loan growth, said Prabhudas Lilladher. This brokerage has upped its target price on the stock to Rs 660 from Rs 540 but retained its Hold rating.

17 May 2024 8:16 am
Coal India Share Price LIVE: Stock up 2.77% in last one month; What you should know

Coal India Ltd Stock Price Live: The Coal India Ltd has been in focus today amid company-specific news and/or recent price action on the counter. Coal India Ltd shares settled the previous traded session at 468.30, up 0.1%. The stock has traded in a wide range of 487.60 and 223.25 in the last one year. At last count, the Coal India Ltd sector company commanded a market capitalisation of 2.89 Lakh Crore. Heres a deep dive Coal India Ltd stock performance, peer returns, historical details, & other

17 May 2024 8:00 am
REC Share Price LIVE: Stock up 0.53% in last one month; What you should know

REC Ltd Stock Price Live: The REC Ltd has been in focus today amid company-specific news and/or recent price action on the counter. REC Ltd shares settled the previous traded session at 541.10, up 2.35%. The stock has traded in a wide range of 567.15 and 127.40 in the last one year. At last count, the REC Ltd sector company commanded a market capitalisation of 1.42 Lakh Crore. Heres a deep dive REC Ltd stock performance, peer returns, historical details, & other insights

17 May 2024 8:00 am
Banks resist losses: RBI's bond buyback yields just Rs 2,069 cr against notified Rs 60,000 cr

In a previous auction on May 9, the RBI accepted bids worth Rs 10,512.99 crore out of Rs 40,000 crore worth of bonds offered for buyback.

17 May 2024 7:29 am
Titagarh Rail Systems shares: Up 273% in 1 year, can this railway stock rise further?

Multibagger stock: Titagarh Rail Systems shares rose 273 per cent in the past one year. Nuvama's target price suggests a 22 per cent further upside on the multibagger stock.

17 May 2024 7:19 am
IEX share price target: Q4 results below estimates, 20% downside likely, says Nuvama

IEX target price: Nuvama said it factors in 17 per cent volume CAGR for FY2426E and 1415 per cent over the long term and yet finds limited upside potential in its DCF-based target price of Rs 119.

17 May 2024 6:42 am
6 in 10 consumers of online insurance sales platforms experience nagging, subscription: Survey

In October 2023, the Insurance Regulatory and Development Authority of India (IRDAI) formed a taskforce to look into various aspects of the bancassurance channel, including mis-selling.

16 May 2024 8:37 pm
6 in 10 consumers of online insurance sales platforms experience nagging, subscription trap: Survey

In October 2023, the Insurance Regulatory and Development Authority of India (IRDAI) formed a taskforce to look into various aspects of the bancassurance channel, including mis-selling.

16 May 2024 8:37 pm
'If I need oil from Russia for my country, I will take it, won't hide it': PM Modi opens up on Washington-Moscow crude tussle

It is to be noted that India's imports of Russian oil surged to a nine-month peak in April. Indian refiners imported a total of 1.96 million barrels per day (bpd) of Russian crude oil in April, the highest since July of last year.

16 May 2024 8:01 pm
Brightcom Group clarifies on 'potential suspension of trading' as shares hit one-year low

Brightcom Group share price: On Brightcom's part, there have been delays in terms of financial reporting, annual general meeting (AGM) scheduling and C-suite level appointments. It was also under Securities and Exchange Board of India's (Sebi's) watch over preferential issue of shares and warrants.

16 May 2024 7:19 pm
Vedanta approves Rs 8,500 crore fundraise; declares interim dividend of Rs 11 per share

Vedanta share price: The announcements were made post-market hours today. Vedanta shares slipped 0.96 per cent to settle at Rs 433.20.

16 May 2024 5:48 pm
Adani Power shares: Up 199% from 52-week low, can this Adani Group stock be bought on dips?

Multibagger stock: Adani Power shares, which fell to a 52-week low of Rs 214 on May 19, 2023 ended at Rs 640 on BSE in the current session. On similar lines, the stock has given multibagger returns of 171% in a year.

16 May 2024 4:48 pm
Reliance Retail brings UK fashion retailer, ASOS, to India; to build its multi-channel presence

Reliance Retail, leveraging its experience of operating omni-channel retail networks, will introduce ASOS curated portfolio to the Indian market through a multi-channel presence.

16 May 2024 4:38 pm
Income Tax Filing (ITR) AY 2024-25: Check the list of important documents you need before filing

ITR document requirements vary from person to person as it depends on the earning sources of the tax filer. The process of filing varies on the type and source of income, including but not limited to salary, business revenue, investment earnings, and other categories.

16 May 2024 4:19 pm
Guess how much TCS paid to use the Tata brand name in FY24

Tata Sons, the holding company of Tata Group,doubled the fee after five years. The figure is a 100 percent spike over the previous financial year.

16 May 2024 4:09 pm
GAIL Q4 earnings: Net profit falls 23%, stock ends lower

Profit slipped to Rs 2177 crore in the last quarter due to lower revenues and weaker than expected performance in the gas marketing segment.

16 May 2024 3:52 pm