SENSEX
NIFTY
GOLD
USD/INR

Weather

image 44    C

National / Bloomberg Quint

Indias Election Body Raises Turnout Figures, Despite Criticism

Indias Election Commission on Friday raised voter turnout figures for the latest phase of polling, even as the government body draws scrutiny from opposition figures and other groups.

18 May 2024 2:36 pm
ITC Earnings, G7 Meet, India Decides: The Week Ahead

Markets on Monday will remain closed on the back of the Election Day in Maharashtra.

18 May 2024 2:04 pm
N Vaghul, Veteran Behind ICICI Bank, Passes Away At 88

Vaghul had been on a ventilator in critical condition till earlier today.

18 May 2024 1:46 pm
Europes Aging Population Is a Money Magnet For Some Investors

Europes shrinking population has long raised concerns about its economic prospects. Governments are seriously worried about it. Elon Musk has raised alarm about the trend. But for some, its turning into big business.

18 May 2024 12:37 pm
Burberrys Endless Luxury Turnaround Is A Very British Problem

Just about every chief executive who has run Burberry Group Plc has characterized the maker of the pricey trench coats with checked linings as the best of British luxury.

18 May 2024 12:36 pm
OpenAI Dissolves High-Profile Safety Team After Chief Scientist Sutskevers Exit

Superalignment group will be folded into broader research efforts at the company. 

18 May 2024 12:35 pm
TikTok Parent Seeks To Fast-Track Suit Over US Divest-Or-Ban Law

China-based ByteDance Ltd. asked an appeals court to speed up its lawsuit challenging a US law that would force it to sell the TikTok video-sharing app or face a ban.

18 May 2024 12:34 pm
Beyond Tomorrow: From GPT-4o to GenZ & GenAI Weekly AI Roundup

Decluttering some of the Top AI developments this week, from OpenAI's new GPT-4o, to key takeaways from Google' annual I/O conference, to Deloitte's 2024 Gen Z and Millennial Survey.

18 May 2024 12:28 pm
Sundaram Home Finance Q4 Profit At Rs 57 Crore; Disbursements Breach Rs 5,000 Crore

Sundaram Home Finance, the wholly owned subsidiary of Sundaram Finance has reported a net profit of Rs 57 crore for the January-March 2024 quarter, the company said.

18 May 2024 12:26 pm
Nestle Shares Rise After Shareholders Reject Plan To Raise Royalty Fee

Nestle's stock rose as as 3% during the day to Rs 1,518.75 apiece on the NSE.

18 May 2024 12:03 pm
Mumbai's CSMI Airport Sees Steady Growth In Passenger Traffic In April

Mumbai's Chhatrapati Shivaji Maharaj International Airport saw 43.6 lakh passenger traffic in the month of April, a 9% year-on-year growth and 42% growth from April 2022.

18 May 2024 11:11 am
RVNL Jumps Nearly 5% After Profit Beat Estimates

RVNL's stock rose as much as 4.88% during the day to Rs 305 apiece on the NSE.

18 May 2024 10:52 am
The Indian Case For A 4-Day Week

In a country wedded to long work hours, two practitioners share their views on the 4-day week.

18 May 2024 10:17 am
Nifty 50 September Rejig: Trent, BEL To Replace LTIMindtree, Divi's Laboratories, Says Nuvama

Nuvama believes Trent and Bhartat Electronics are strong contenders for the inclusion in the Nifty 50 Index September rejig and will see inflow of USD 429 million and USD 361 million respectively.

18 May 2024 10:07 am
Zee Shares Surge On Upbeat Earnings

Zee's stock rose as much as 4.46% during the day to Rs 141.65 apiece on the NSE.

18 May 2024 9:53 am
Deadly Heat Covers Northern India as Election Enters Last Leg

Deadly heat is engulfing several northern Indian states, while the south is getting heavy pre-monsoon rains, posing health risks for hundreds of thousands of people participating in election rallies.

18 May 2024 9:22 am
ED Gets Man Arrested For Impersonating Former Lava MD At AIIMS

New Delhi, May 17 (PTI) The Delhi Police on Friday arrested a man at AIIMS for allegedly impersonating a former managing director of the Lava International mobile company, who is an accused in a ED money laundering case against Chinese smartphone-maker vivo-India and others, officials said.

18 May 2024 9:07 am
Apples 27% App Store Fee Trying to Comply With Law, Exec Says

Apple Inc.s attempts to justify the 27% fee it charges developers for purchases outside its App Store backfired as a skeptical federal judge questioned an executive about a company-commissioned study showing half that rate would be reasonable.

18 May 2024 9:05 am
US Company Becomes Worlds Most Valuable Solar Firm After Chinese Rivals Slip

A US company has become the worlds most valuable solar manufacturer for the first time since 2018, as Chinese rivals suffer from a profit-slashing price war and an onslaught of trade barriers erected by Washington.

18 May 2024 9:05 am
Oppenheimer At Rs 119, Barbie At Rs 149 Is Amazon Prime's Rental Play Working?

Aggregation helped Amazon create a unique offering in Prime Video, yet its movie rental service enjoys less fervour from subscribers.

18 May 2024 8:05 am
Biocon Set For Strong Growth: CEO Shreehas Tambe

Tambe attributed Biocon's success to a higher share in the US, Europe and emerging markets.

18 May 2024 8:05 am
18 May 2024 7:58 am
Stock Market Today: All You Need To Know Going Into Trade On May 18

The national bourses will remain open for trading on Saturday as part of its plans to conduct a special live trading session in a bid to switch over to a disaster recovery site.

18 May 2024 6:00 am
Data Patterns, Anupam Rasayan, Trident, Krsnaa Diagnostics Q4 Results Today Earnings Estimates

Here are the earnings estimates of major companies that are scheduled to announce their results on Saturday.

18 May 2024 5:00 am
Switzerland Invites India To Peace Summit On Ukraine Conflict Resolution

Swiss State Secretary of Foreign Affairs Alexandre Fasel invites India to participate in a summit aimed at resolving the conflict in Ukraine, expressing hope for India's significant contribution to the peace process.

17 May 2024 11:29 pm
India, UK Discuss Ongoing Cooperation, Reaffirm Commitment To FTA

India and UK reaffirm commitment to conclude a mutually beneficial free trade agreement at the annual UK-India Strategic Dialogue in London.

17 May 2024 11:28 pm
NHPC Q4 Result: Net Profit Declines 60%

NHPC Ltd's Q4 net profit declines 18% to Rs 610.93 crore due to a drop in revenues, with company's revenue from operations reducing to Rs 1,888.14 crore from Rs 2,028.77 crore in the January-March period of the 2022-23 fiscal.

17 May 2024 11:28 pm
NHRC Chairperson Stresses On Reservation's Role In Empowering Oppressed Classes

NHRC Chairperson emphasizes the importance of reservation in empowering oppressed classes, highlighting the need to extend its benefits to those who are still deprived of it.

17 May 2024 11:27 pm
Urban Company Expects UAE Operations To Turn Profitable Soon: Co-Founder

Urban Company's co-founder expects the UAE operations to turn profitable soon while Saudi Arabia and Singapore may take longer to achieve the same.

17 May 2024 11:27 pm
Copper And Gold Close In On Records As Metals Mayhem Continues

Copper vaulted toward a record in London and nickel spiked nearly 8%, capping a week of big moves in industrial and precious metals markets as bullish investors pile in and bearish bets unravel.

17 May 2024 11:12 pm
Climate Change To Intensify IndiaHeat Wave, Scientists Say

The intense heat likely to hit India over the next few days will be exacerbated by climate change, according to a research group.

17 May 2024 11:12 pm
Fed Says Powell Tested Positive For Covid-19, Working From Home

Federal Reserve Chair Jerome Powell tested positive for Covid-19 late Thursday, a Fed spokesperson said in a statement.

17 May 2024 11:12 pm
Chief Economic Adviser Emphasizes Need For Capital Market Reforms 2.0 To Support Growing Economy

Chief Economic Adviser V Anantha Nageswaran emphasizes the need for capital market reforms 2.0 to support India's growing economy, citing the upcoming entry into global bond indices as a crucial factor.

17 May 2024 11:04 pm
IIHMR Foundation Signs MoU To Support Healthcare Startups In Jaipur

IIHMR Startups, has signed an MoU with Bhagwan Mahaveer Cancer Hospital and HCG Hospital, Jaipur, to support and foster healthcare startups.

17 May 2024 11:04 pm
Xi, Putin Affirm Bright Future For China-Russia Ties Amidst US Opposition

Putin arrived here on Thursday to mark his first visit to China after his re-election in March and held several rounds of talks with Xi besides signing a vision document to continue their strategic cooperative partnership.

17 May 2024 10:53 pm
Bengaluru-Bound Air India Flight Returns To Delhi After Fire Warning

After the pilots exercised necessary protocols, the aircraft made an uneventful landing, and all passengers and crew deplaned at the aerobridge safely, it said.

17 May 2024 10:53 pm
Court Grants Police Custody To Hoarding Collapse Accused Till May 26

If the accused was not responsible for the act, then why did he flee from Mumbai after the incident as his presence would have facilitated the probe into the matter, the court said in the remand order.

17 May 2024 10:53 pm
Reliance Home Finance Fined Rs 8 Lakh By SEBI For Disclosure Lapses

In its order, Sebi noted that Reliance Home Finance has not made disclosures with respect to the NCLT order dated June 21, 2021 and also did not disclose information regarding appeals filed by it and Bank of Baroda against the NCLT's order.

17 May 2024 10:34 pm
IPL 2024: Rahul And Pooran Take Lucknow To 214/6 Against Mumbai Indians

Spinner Piyush Chawla (3/29) and Sri Lankan pacer Nuwan Thusara (3/28) emerged the most successful Mumbai Indians bowlers, grabbing three wickets each.

17 May 2024 10:34 pm
RBI Deputy Governor Stresses Need For Proactive Cyberattack Risk Mitigation

Speaking at the Conference of Heads of Assurance of Urban Cooperative Banks here on Thursday, the deputy governor said that in the ever-changing landscape of banking, new risks constantly emerge. While traditional risks like credit, market and liquidity risks remain significant, new challenges like cybersecurity threats and operational disruptions have emerged.

17 May 2024 10:34 pm
Air India Collaborates With MedAire To Enhance In-Flight Emergency Medical Support

Besides handling medical crises, the collaboration will reduce medical diversions with real-time professional assistance - minimising inconvenience to passengers.

17 May 2024 10:16 pm
India's Stock Market Boomed In The Last 10 Years, PM Modi Says

During the Mumbai rally, PM Modi underscored the remarkable growth of stock markets in India, connecting lakhs of small investors.

17 May 2024 10:15 pm
Government Dues For FY27 May Convert To Equity, Says Vodafone Idea CEO

The company will have dues of nearly Rs 30,000 crore in FY26, of which nearly Rs 28,000 crore is owed to the government in AGR dues.

17 May 2024 10:14 pm
Telecom Secretary Calls For Embracing High-Speed Technology For Sustainable Development

He said that features of 5G and upcoming 6G technologies should be deployed in areas like weather, smart cities, resource management and satellite imaging, among others.

17 May 2024 10:04 pm
Reliance Capital Administrator Seeks RBI Extension For Asset Transfer To Hinduja Group

The RCAP Administrator has sought an extension of 10 days till May 27 from the RBI, sources said.

17 May 2024 10:02 pm
RBI Hosts Conference For Top Asset Reconstruction Companies

Deputy Governor Rao, in his keynote address, highlighted that sound governance provides a strong foundation for ARCs to build a robust business model.

17 May 2024 9:55 pm
Vodafone Idea Plans Up To Rs 55,000 Crore Investment In 3 Years

He said the company's investment will focus on expanding and strengthening coverage in 17 priority circles to be competitive.

17 May 2024 9:55 pm
Government Working On Detailed Guidelines For Electric Vehicle Policy

Companies already present in India need not register a new subsidiary to apply under the policy.

17 May 2024 9:55 pm
Bandhan Bank Q4 Net Dips On Higher Provisioning, Write-Offs

Ghosh said the bank had written-off Rs 3,852 crore in the fourth quarter, while fresh slippages stood at Rs 1,017 crore.

17 May 2024 9:55 pm
Nestle India Shareholders Reject Plan To Raise Royalty Fee To Swiss Parent

Nestle India had earlier in April announced its plans to increase the general licence fees from 4.5% to 5.25% of turnover over a period of five years.

17 May 2024 9:25 pm