Business / Business Today
Bank of India plunged 12.35 per cent to hit a low of Rs 121.70 on BSE. Union Bank shares tanked 8.2 per cent to hit a low of Rs 130.40. Syrma SGS Technology Ltd tumbled 11.93 per cent to Rs 415.35 level.
Indegene share price: The stock gave up a significant chunk of its gains as the session progressed. It slipped 20 per cent from its high price of Rs 659.70 to trade at Rs 527.80.
BEML shares zoomed 9.83% to Rs 3525.45 against the previous close of Rs 3209.80 on BSE. BEMLs market cap rose to Rs 14,576 crore.
PhillipCapital in a note sees a strong rally if the BJP-led NDA hits the much-publicised 400-plus target. If a lower 300-330 seats for the NDA results in a knee-jerk market reaction (a fall), we would treat it as a buying opportunity.
Entrepreneur and academic Vivek Wadhwa said that he had asked Tesla CEO and billionaire Elon Musk to consider moving his manufacturing to India where he would have ruled the market by now.
This new service will complement the airline's existing operations to Bangkok from Kolkata and Delhi, SpiceJet said.
Sensex hit a sub-72,000 mark of 71,882.90 earlier today, losing 782 points in the process. Nifty slipped below the 22,000-mark, with India VIX rising another 13.10 per cent to 21.03.
Shares of Tata Motors plunged more than 9.22 per cent to Rs 950.30 on Monday, commanding a total market capitalization of more than 3.15 lakh crore.
Auto, consumer durables and metal shares were the top losers in early trade. Nifty too slipped 194 pts to 21,861, reflecting weak investor sentiment on Dalal Street.
Ahead of its listing, shares of Indegene were commanding a grey market premium of Rs 300-310 apiece over the issue price, suggesting a listing pop of up to 70 per cent.
Budget 2024: Mirae Asset Capital Markets said all eyes will be on the July Budget to see if there are changes to direct or indirect taxation, MSP policy and MGNREGA payments.
The company has, on May 10, 2024, at around 3.56 pm, received a notice from the Anti-Corruption Branch, New Delhi, in respect of registration of enquiry for alleged anomalies in diagnostics test conducted in Aam Aadmi Mohalla Clinic, Metropolis said in a filing to the exchanges.
In the West theyve got a movement called Wokeness where you are super sensitive about other peoples issues It leads to very extreme attitudes and social norms particularly in some academic institutions, universities.
Polycab India: In the absence of any communication from the tax authorities, the market has assumed that Polycab India does not face any material risk on the regulatory front, said Kotak Institutional Equities.
Zomato Q4 earnings: ICICI Securities sees Zomato's Q4 profit at Rs 249 crore against a profit of Rs 138 crore in Q3 and a loss of Rs 204 crore in the year-ago quarter. It sees sales at Rs 3,513 crore, up 71 per cent against Rs 2,056 crore YoY.
India aims to make Chabahar Port a transit hub under the International North-South Transport Corridor (INSTC) to reach out to CIS (Commonwealth of Independent States) countries.
Wipro is seeking Rs 25 crore from Dalal for breach of contract as he joined Cognizant as CFO immediately after leaving Wipro on November 30. The company had filed a lawsuit against Dalal in a Bengaluru court last year.
Varun Beverages, Zomato, Jindal Steel & Power, Tube Investments of India, Aditya Birla Capital, UPL, Sanofi India, Chalet Hotels, Karur Vysya Bank and others will report their Q4 results later today.
Net profit climbed to Rs 939 crore for the quarter ended March 2024 against Rs 525.6 crore in Q4 of FY23.
The companies have said their products are safe and MDH added it does not use ethylene oxide at any stage of storing, processing, or packing of spices.
Tata Motors Ltd Stock Price Live: The Tata Motors Ltd has been in focus today amid company-specific news and/or recent price action on the counter. Tata Motors Ltd shares settled the previous traded session at 940.45, down 1.81%. The stock has traded in a wide range of 1,065.60 and 400.45 in the last one year. At last count, the Tata Motors Ltd sector company commanded a market capitalisation of 3.13 Lakh Crore. Heres a deep dive Tata Motors Ltd stock performance, peer returns, historical detail
Adani Enterprises' net profit fell 38 per cent YoY to Rs 451 crore in March 2024 quarter on the back of exceptional expenditure and the rise in material costs and operating costs.
Tata Motors share price target: Emkay Global said Tata Motors' Q4 earnings were muted, with limited margin expansion across businesses, despite higher volumes. It has a target of Rs 950 for Tata Motors.
Since the beginning of the last decade, bilateral trade between India and China recorded significant growth. From 2015 to 2022, India-China bilateral trade grew by 90.14 per cent, an average yearly growth of 12.87 per cent.
There is no bias towards onboarding engineers in the ranks, Khara said, stressing that this is not by design. Lately, the RBI has increased its focus on technology and penalised banks for shortcomings.
The party condemned BJP's alleged involvement in perpetrating illegal and unconscionable acts in the letter and accused them of attempts to manipulate the democratic process through unlawful practices.
Lok Sabha elections 2024 phase 4: Voting will take place in Shahjahanpur (SC), Kheri, Dhaurahra, Sitapur, Hardoi (SC), Misrikh (SC), Unnao, Farrukhabad, Etawah (SC), Kannauj, Kanpur, Akbarpur and Bahraich (SC). In this phase, a total of 130 candidates are contesting for seats.
The Tata Group-owned airline, which operates around 380 services daily, has cancelled at least more than 20 flights on Sunday, the official in the know said and added that full normalcy is expected by May 14 morning, PTI reported.
HDFC and LIC took the maximum hit. The market valuation of India's largest private lender slumped by Rs 60,678.26 crore to Rs 10,93,026.58 crore, while LIC's valuation eroded by Rs 43,168.1 crore to Rs 5,76,049.17 crore.
This week, Indias headline retail inflation data (CPI), Wholesale Price Index (WPI), bank loan and deposit growth, US Fed Chair Powells speech, and US core inflation rate are some of the major events that will keep the markets buzzing
For Chennai Super Kings: Must win both their remaining matches against RR and RCB to avoid elimination, with a little leeway given their NRR advantage over DC and LSG.
Adani Group has begun commercial production of wafer and ingots used for making solar cells and modules at its factory in Gujarat.
Subbarao, who served as Governor from September 2008 to September 2013, in his memoir, writes that the Finance Ministry under Pranab Mukherjee and Chidambaram used to pressurise the RBI to soften interest rates and present a rosier picture of growth to shore up sentiments.
Widespread rainfall accompanied by thunderstorms, lightning, and gusty winds.is predicted in the northern regions of Jammu and Kashmir, Ladakh, Gilgit-Baltistan, Muzaffarabad, Himachal Pradesh, and Uttarakhand on May 12 and 13.
India's exports to China rose by 8.7 per cent to $16.67 billion in the last fiscal. The main sectors which recorded growth include iron ore, cotton yarn, handloom, spices, fruits and vegetables, plastic and linoleum.
Kami Rita first climbed Mt Everest on May 13, 1994, at the age of 24. He now holds the record for the most ascents of the world's tallest peak in its 71-year climbing history.
Shares of IT majors such as Infosys and HCL Technologies declined 7% and 10%, respectively, YTD. Wipro, Tata Technologies, Birlasoft, Mphasis and LTIMindtree also retreated between 4% and 26%. On the other hand, Tata Consultancy Services (TCS) gained 4% during the same period.
IRDAI approval was crucial for the transfer of insurance businesses of Reliance Capital to IIHL. Reliance Capital is one of the promoters of Reliance General Insurance and Reliance Nippon Life Insurance.
Bengaluru-based Aadhar Housing Finance offered shares in the fixed price band of Rs 300-315 per share with a lot size of 47 shares between May 8 and May 10.
The Profit Before Tax (PBT) has surged to Rs. 110 crores, marking an impressive 34% rise over the preceding period.
The company's board has recommended a final dividend totalling Rs 1,396.41 crore at Rs 51 per share.
The platform will showcase top Anime shows with a dedicated Anime Hub, with thesimultaneous global broadcast of theSeason 4 of the highly anticipated Animetitle, Demon Slayer.
The BSE Sensex declined by 1,214 points, or 1.64%, at 72,664.47 during the week. While Nifty lost 421 points, or 1.87%, to 22,055.2. Sector-wise, the BSE Oil & Gas index registered a decline of 4.5%followed by the BSE Metal index with a 3.3% fall.
Fifteen companies in the large-cap segment witnessed significant block deals cumulatively worth Rs 5,731 crore, according to a report from brokerage firm Nuvama. The pack was led by Kotak Mahindra Bank with 24 block counts amountingRs1,500 crore in total.
The NOAA had issued a rare alert on Thursday, forewarning of the solar storm's impact, which is expected to persist until the weekend. This unusual solar disturbance carries the potential to disrupt communication systems, GPS, and satellite transmissions.
As per the new notification, the CSDL has slashed the transaction charges by 50 paise per debit across all existing slabs.
A one-time code breaker for the US government, Simons never shared the secret of how he made more than four times the return of the S&P 500 Index in his most famous fund, Medallion.
Binances registration comes close on the heels of rival KuCoinsigning up in March after paying Rs 34.5 lakh in penalty imposed by the Financial Intelligence Unit-India (FIU-India), the national agency responsible for analysing suspicious financial transactions
Multi Commodity Exchange of India, Mahindra Logistics and Dolat Agrotech posted a 1,512%, 1,467% and 1,048% rise in net profit in Q4FY24.
New Delhi-based TBO Tek, whose IPO was open for bidding May 8 and May 10, offered its shares in the fixed price band of Rs 875-920 per share with a lot size of 16 shares