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The proposal will help in increasing the liquidity of privately placed InvIT units by allowing a broader base of investors to participate in the market and promote diversification of investment portfolios, enabling investors to better manage risk, Sebi said in a discussion paper on Thursday.
Chiranjeevi, one of the reigning superstars from the South, has worked in over 150 feature films in Telugu as well as Hindi, Tamil and Kannada.
Relaxo Footwears on Thursday reported a 3 per cent decline in net profit for the March quarter to Rs 61.39 crore, as against Rs 63.3 crore in the year-ago period. The company's revenue from operations declined to Rs 747.21 crore from Rs 764.94 crore in the corresponding quarter of the previous year, a regulatory filing showed.
Fazal, who has started shooting for the project, joins the film's cast which also includes Silambarasan, Trisha, Ashok Selvan, Abhirami, Nassar, Joju George, Aishwarya Lekshmi and Vaiyapuri.
Indian drugmaker Abbott India reported a 24% rise in fourth-quarter profit on Thursday, as strong sales outpaced the impact of government pricing caps on certain medicines.
Superstar Salman Khan will romance 'Animal' actress 'Rashmika Mandanna' in an epic action film. But netizens are less than impressed! X users have lambasted the producers of Khan's upcoming movie 'Sikander', for casting Mandanna, who is 30 years juniour to the superstar. Directed by AR Murugadoss, 'Sikander' will eyeing a 2025 release.
Long unwinding refers to the selling of positions or stocks owned for a longer period
BSE shares dipped 3.3% to Rs 2,726 on NSE as Q4 profit was affected by SEBI regulatory fee provision. Consolidated net profit rose marginally to Rs 106.9 crore despite the provision.
The market capitalisation of BSE-listed companies slipped below the Rs 400 lakh crore mark to Rs 395.65 lakh crore. The volatility index India VIX also spiked 5% to 17.85 levels.
A total of 13,890 shares changed hands on the counter till 01:43PM (IST)
Recently, Jun Hyun Moo, a renowned TV show host, shared an anecdote about encountering two idols dining at a restaurant in Apgujeong and graciously covering their bill! During a conversation with comedian Park Myung Soo on the show 'The Boss Has Donkey Ears,' Hyun Moo recounted his interactions with younger colleagues in the industry. Despite acknowledging their significantly higher earnings, he humbly insisted on footing the bill as a senior gesture.
The PAT for the quarter ended March 2024 dropped 4% year-on-year (YoY) to Rs 13.55 crore against Rs 14.24 crore for the same period, a year ago while the revenue from operations stood at Rs 131.70 crore, up by approximately 10% from Rs 120 crore in Q4FY23.
Tokyo investors are poring over earnings, with more major firms set to release results Thursday including Nissan, Takeda Pharmaceuticals and beverage giant Kirin.
Singh quelled all speculation about a potential split. During the debut of a luxury jewelry brand in Mumbai, the 'Gully Boy' luminary expressed that his wedding and engagement rings hold the utmost significance for him. Additionally, he flaunted his gold band with pride at the occasion. earlier, the actor's team had said he did not delete but had archived all the photos of his wedding with Deepika Padukone on Instagram.
After the fourth-quarter results, Jefferies upheld a buy rating for TVS Motor and Hero MotoCorp. Meanwhile, Citigroup suggested selling Bharat Forge but buying Voltas.
As per Trendlyne data, these stocks saw up to 9 analysts' target price upgrades and can rally up to 30%
The value had touched a high of 22% of total market capitalisation of listed firms in June 2009, dropping to a low of 5.1% in September 2020 before doubling since then, according to data from primeinfobase.com. Re-ratings amid large valuation discounts, high dividend yields, record cash flows and news of possible privatisation triggered a sharp rally in public sector companies over the last three years.
The positive chart pattern like higher tops and bottoms is intact as per daily time-frame chart and presently the market is in an attempt of new higher bottom formation. The short-term trend remains weak, but the market is showing signs of higher bottom formation around 22,200 levels.
Canara Bank Q4 Results: The company's Board has also recommended a dividend of Rs 16.10 per share, 161% of face value each, for the financial year 2023-24
The stock quoted a 52-week high of Rs 4032.0 and a 52-week low of Rs 3060.0.
Disney reported higher revenues Tuesday on a strong performance by its theme parks division and an improving streaming business, but a write-down in the company's India business resulted in a small loss. The entertainment giant cited Walt Disney World Resort, Hong Kong Disneyland and the company's cruise division as areas of strength in parks and experiences, but saw lower results at Disneyland Resorts.
The Sumitomo Mitsui Financial Group holds 100% in SMFG India Credit Co, which was formerly Fullerton India Credit Company Limited. Following the fund infusion, SMFG India Credit Co has invested Rs 150 crore in its wholly owned subsidiary SMFG India Home Finance Co. Ltd.
A retail wealth management services firm engaged in distributing a wide range of financial products reported a 32% growth in yearly average asset under management (AUM) in the mutual fund vertical and a 50% growth in revenues from non-mutual fund products.
A total of 11,037 shares changed hands on the counter till 01:49PM (IST)
A total of 66,402 shares changed hands on the counter till 11:36AM (IST)
Investec raised Marico's rating from hold to buy, while Jefferies upheld a buy rating for Godrej Consumer. JPMorgan continued to rate Gujarat Gas as underweight and maintained a neutral stance on Lupin.
Feng Yuan's viral journey from a 22-year tenure at Microsoft to becoming a goose farmer has captivated social media. Initially shared by X user Smarika Malviya, Yuan's career shift reflects a desire for personal fulfillment. Despite his dismissal due to low performance, Yuan's pride in his work and transition to farming have garnered admiration and curiosity from social media users.
Ankur Warikoo, a prominent figure in entrepreneurship and content creation, shared his transformative '3T Model' for weight loss and fitness. The model focuses on Tracking calorie intake and expenditure, Training with weights for muscle building, and Transforming dietary habits for sustainable results. Warikoo's approach emphasizes the importance of a calorie deficit, increased protein intake, and balanced indulgence in favorite foods.
Previously, as per an NDTV report, Singh was captured on CCTV footage traveling with a backpack. His recent movements were traced to an area known as Palam, located a few kilometers from his home. He was observed visiting this location on April 24th, following which his mobile phone was switched off.
Anand Mahindra recently shared a captivating video showcasing London's adoption of Mumbai's dabbawala system, terming it 'reverse colonisation.' The video features DabbaDrop, a London-based company, employing the traditional dabbawala model for efficient and sustainable meal delivery. Mahindra's post on X garnered widespread attention, with netizens applauding the innovative approach. This adoption reflects a global trend towards sustainability and cultural exchange.
Faridabad Noida Ghaziabad expressway: When completed, the Faridabad Noida Ghaziabad Expressway will be a huge help to people who commute between Faridabad and Ghaziabad and Noida.
Following in the footsteps of Viswanathan Anand, Gukesh has emerged as the second Indian to advance to the World Championship final. Poised to become the first teenager to contend for chess' most prestigious title, he is gearing up to challenge China's Ding Liren in the upcoming title match later this year.
A Bengaluru resident, Chetty Arun, engaged in a revealing chat with an online scammer, exposing the scammer's deceptive techniques. Arun's conversation not only shed light on the methods used by scammers but also garnered attention from Paytm founder Vijay Shekhar Sharma. The interaction highlighted the importance of cyber security awareness and vigilance in combating online fraud.
Sharing his thoughts on Instagram on October 30, 2023, Saha strongly criticized the billionaire for his ludicrous stance. He emphasized that if the billionaire anticipated employees to clock in 70-hour workweeks, then he ought to increase salaries or brace for widespread resignations. Saha also condemned the tycoon for disregarding employees and neglecting the importance of work-life balance.