rate govt rbi repo adani live sensex turkey syria update target price sales group nifty falls india power bharti airtel december y-o-y budget results revenue drops
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Quick View | RBI's Das just acknowledged FM Sitharaman’s memo on rate hikes
Das likes to keeps his cards close to the chest, but the MPC may have no more room to hike rates, particularly after the nudge from the government which is batting for growth.13 minutes ago — Moneycontrol -
Cement stocks gain as govt assures review of 28% GST
According to foreign brokerage firm Jefferies, a GST cut from 28 percent to 18 percent would imply 7-8 percent cut in customer pricing15 minutes ago — Moneycontrol -
RBI announces pilot for QR code-based Coin Vending Machine
The pilot project is planned to be initially rolled out at 19 locations in 12 cities across the country17 minutes ago — The Hindu Business -
FDI flow strong, FPI inflows improving, says RBI Governor Shaktikanta Das
RBI Governor Shaktikanta Das also asserted that India’s external debt ratios are low by international standards.18 minutes ago — Moneycontrol -
Vinati Organics shares ride high for 3rd day on upbeat Oct-Dec operational show
Motilal Oswal Financial Services and Centrum Broking have a Buy call for the stock20 minutes ago — Moneycontrol -
RBI hikes repo rate by 25 basis points to control inflation; real GDP growth for FY24 projected at 6.4%
CPI inflation for FY24 projected at 5.3%.23 minutes ago — The Hindu Business- RBI hikes repo rate by 25 basis points, pegs FY24 GDP growth at 6.4%: Key highlights 23 minutes ago — Moneycontrol
- RBI hikes repo rate by 25 basis points to 6.5% 23 minutes ago — The Hindu Business
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Adani turmoil prompts Nomura, SMFG to disclose fund exposures
Nomura Holdings Inc.’s asset management arm released details on Tuesday about 30 of its publicly offered investment trusts that hold either stocks or bonds of Adani companies. The move followed similar steps last week by units of Sumitomo Mitsui Financial Group Inc. and Mizuho Financial Group Inc.24 minutes ago — Moneycontrol- Turmoil in Adani's empire prompts Nomura, SMFG to disclose fund exposures 24 minutes ago — Business Standard
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We need to grow first: Sameer Nigam on whether PhonePe will become a bank
Last October, Walmart-owned PhonePe announced that it completed the process of moving its domicile from Singapore to India.26 minutes ago — Moneycontrol -
Masayoshi Son now owes SoftBank $5.1 billion on side deals
Masayoshi Son, whose stake in SoftBank grew in recent months, also owns portions of the company’s key investment vehicles. While these holdings have sparked controversy due to corporate governance concerns, the Japanese billionaire has denied any conflict of interest.28 minutes ago — Moneycontrol -
TCS Scores $700 Million Deal In UK, Its Largest In 3 Years
London-based Phoenix Group Holdings Plc. has agreed to a contract worth more than $723 million to digitally transform its product offering, TCS said.28 minutes ago — NDTV Business -
Real estate seeing new consolidation, changing senior living spaces in Bengaluru
With a mid-scale developer buying a Godrej property in Bengaluru for senior living apartments, experts say this will evolve as a sub-asset class for an integrated real estate model.32 minutes ago — Moneycontrol -
Why does Nomura see a 40% upside in this auto-component maker?
Sansera Engineering’s diversifying away from auto-sector is helping it34 minutes ago — Moneycontrol -
Rising before the sun, shooting for the moon: The story of every JEE aspirant
The journey of qualifying for the JEE is hard. There are loans, peer pressure, rigorous study routine and the constant feeling of not making to the list. Last year, more than 10 lakh students applied for JEE (Main) and only 2.5 lakh qualified. The number was around 41,000 for JEE (Advanced).37 minutes ago — Moneycontrol -
MARKET LIVE: Sensex up 400pts; Paytm, Zomato zoom up to 6%, IT, metals firm
Stock market live updates: The RBI governor affirmed that core inflation remains sticky and FY24 inflation is likely to remain above the 4 per cent target39 minutes ago — Business Standard- MARKET LIVE: Sensex off highs, up 350 pts; Paytm, Zomato jump up to 6% 39 minutes ago — Business Standard
- MARKET LIVE: Sensex gains 400 pts as RBI hikes repo rate by 25 bps 39 minutes ago — Business Standard
- MARKET LIVE: Sensex pares losses to turn flat; banks, realty stocks firm 39 minutes ago — Business Standard
- MARKET LIVE: Sensex off lows, down 250 pts; Financials lead recovery 39 minutes ago — Business Standard
- MARKET LIVE: Sensex extends fall, down 400 pts; Nifty50 slips below 17,700 39 minutes ago — Business Standard
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Thermax Shares Jump As Q3 Numbers Meet Estimates
Shares of Thermax advanced in trade on Wednesday after the third-quarter earnings met analyst expectations.47 minutes ago — Bloomberg Quint- Shares of Nintendo, SoftBank tumble after earnings 47 minutes ago — Economic Times
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RBI projects economic growth at 6.4% for next fiscal
In 2023-24, the growth in the June and September quarter is projected at 7.8% and 6.2%, respectively48 minutes ago — The Hindu Business -
Latest LIVE: Another earthquake of 4.3 magnitude jolts Turkey's Nurdagi
Catch all the live updates from across the globe here48 minutes ago — Business Standard- Latest news LIVE: FY23 CPI forecast lowered to 6.5%, says Governor Das 48 minutes ago — Business Standard
- Latest news LIVE: RBI raises repo rate by 25 basis points to 6.5% 48 minutes ago — Business Standard
- RBI Monetary Policy Live Updates: A Repo Rate Hike Of 25 Basis Points Or Hold? 48 minutes ago — Bloomberg Quint
- Latest LIVE: Rahul Gandhi questions govt on Adani rout in Lok Sabha 48 minutes ago — Business Standard
- Latest LIVE: Quake deaths pass 5,000 as Turkey, Syria seek survivors 48 minutes ago — Business Standard
- Latest news LIVE: Fifth major earthquake hits Turkey's eastern region 48 minutes ago — Business Standard
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RBI To Issue Climate Risk Guidelines, Will Allow Foreign Travellers To Use UPI
RBI will issue guidelines covering sustainable finance and has proposed to extend UPI to inbound international travellers.49 minutes ago — Bloomberg Quint -
Death toll in Turkey, Syria at 8,326; chorus to lift US sanctions grows
"The loss of every citizen deeply saddens us," Oktay told reporters, adding that authorities are continuing their rescue efforts to reach out to survivors60 minutes ago — Business Standard- Toll in Turkey, Syria nears 8,000; chorus to lift US sanctions grows 60 minutes ago — Business Standard
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RBI repo rate hike to impact affordable housing demand, say experts
The impact will be short-term, and the boost in budgetary allocations towards infrastructure will keep the demand robust1 hour ago — Business Standard -
Rate sensitives' display mixed trend after RBI hikes repo rate by 25 bps
At 11:00 am; Nifty Bank, Nifty Private Bank, Nifty PSU Bank and Nifty Financial Services are trading almost flat, as against 0.58% rise in Nifty 50.1 hour ago — Business Standard -
Jubilant Food shares up 1.35% as Sensex rises
1 hour ago — Economic TimesA total of 41,986 shares changed hands on the counter till 11:12AM (IST)
- Avenue Supermart shares gain 0.84% as Sensex rises 1 hour ago — Economic Times
- PI Industries shares gain 1.6% as Sensex rises 1 hour ago — Economic Times
- Ambuja Cements shares gain 1.03% as Sensex rises 1 hour ago — Economic Times
- Vedanta shares gain 1.61% as Sensex rises 1 hour ago — Economic Times
- ICICI Pru Life shares gain 1.97% as Sensex rises 1 hour ago — Economic Times
- Max Financial rises 1.86% as Sensex climbs 1 hour ago — Economic Times
- Adani Power shares rise 2.94% as Sensex climbs 1 hour ago — Economic Times
- InterGlobe shares down 1.66% as Sensex falls 1 hour ago — Economic Times
- Marico declines 1.87% as Sensex slides 1 hour ago — Economic Times
- Share price of Jubilant Food falls as Sensex drops 243.16 points 1 hour ago — Economic Times
- Share price of ICICI Lombard falls as Sensex drops 199.97 points 1 hour ago — Economic Times
- Zee Ent. shares drop 1.27% as Sensex falls 1 hour ago — Economic Times
- PI Industries shares fall 0.89% as Nifty drops 1 hour ago — Economic Times
- SRF shares down 0.87% as Nifty drops 1 hour ago — Economic Times
- Share price of Indian Hotels rises as Nifty weakens 1 hour ago — Economic Times
- ICICI Pru Life shares drop 1.3% as Sensex falls 1 hour ago — Economic Times
- Bharat Forge shares drop 1.23% as Sensex falls 1 hour ago — Economic Times
- Shriram Trans Fin rises 0.28% as Sensex slides 1 hour ago — Economic Times
- Pidilite Ind shares drop 0.67% as Sensex falls 1 hour ago — Economic Times
- Havells India share price down 0.1 per cent 1 hour ago — Economic Times
- Tata Power shares drop 1.03% as Sensex falls 1 hour ago — Economic Times
- CG Power hits new high on heavy volumes; stock surges 18% in one month 1 hour ago — Business Standard
- Godrej Consumer shares up 0.34% as Nifty drops 1 hour ago — Economic Times
- BEL shares up 0.11% as Nifty drops 1 hour ago — Economic Times
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‘Bangalore is absolutely the startup capital of the country’: PhonePe’s Sameer Nigam
The PhonePe cofounder said that the startup ecosystem has benefited because the IT doyens set up a “technology pathos” in the city.1 hour ago — Moneycontrol -
Share market update: Most active stocks of the day in terms of total traded value
1 hour ago — Economic TimesThe NSE Nifty index was trading 120.4 points up at 17841.9
- Stock market update: FMCG stocks up as market rises 1 hour ago — Economic Times
- Stock market update: Nifty Auto index falls 0.11% in an upbeat market 1 hour ago — Economic Times
- Stock market update: Power stocks down as market rises 1 hour ago — Economic Times
- Stock market update: Fertilisers stocks up as market rises 1 hour ago — Economic Times
- Stock market update: Nifty Realty index falls 0.81% in an upbeat market 1 hour ago — Economic Times
- Stock market update: Nifty Pharma index advances 0.01% in an upbeat market 1 hour ago — Economic Times
- Share market update: Most active stocks on D-Street today in terms of volume 1 hour ago — Economic Times
- Share market update: Most active stocks of the day in terms of traded value 1 hour ago — Economic Times
- Stock market update: Nifty Auto index falls 1.0% 1 hour ago — Economic Times
- Share market update: Most active stocks in today's market in terms of volume 1 hour ago — Economic Times
- Stock market update: Nifty Bank index advances 0.28% 1 hour ago — Economic Times
- Stock market update: Mining stocks down as market falls 1 hour ago — Economic Times
- Stock market update: Power stocks down as market falls 1 hour ago — Economic Times
- Stock market update: Sugar stocks down as market falls 1 hour ago — Economic Times
- Stock market update: Fertilisers stocks down as market falls 1 hour ago — Economic Times
- Stock market update: Nifty Pharma index falls 0.01% 1 hour ago — Economic Times
- Stock market update: Nifty IT index falls 0.33% 1 hour ago — Economic Times
- Stock market update: FMCG stocks down as market falls 1 hour ago — Economic Times
- Stock market update: Nifty Realty index advances 0.88% 1 hour ago — Economic Times
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Buy Vinati Organics, target price Rs 2615: Motilal Oswal Financial Services
1 hour ago — Economic TimesVeeral Organics (a wholly owned subsidiary of VO) is also set to commence production of MEHQ, Guaiacol, and Iso Amylene in 1HFY24, which should propel VO into the next leg of its growth story.
- Buy LIC Housing Finance, target price Rs 440: Motilal Oswal Financial Services 1 hour ago — Economic Times
- Buy Aditya Birla Fashion and Retail, target price Rs 305: Motilal Oswal Financial Services 1 hour ago — Economic Times
- Buy Vinati Organics, target price Rs 2401: Centrum Broking 1 hour ago — Economic Times
- Buy Craftsman Automation, target price Rs 3925: Motilal Oswal Financial Services 1 hour ago — Economic Times
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Zomato Q3 preview: Sales to grow in double digits QoQ, all eyes on future roadmap
1 hour ago — Economic TimesThe brokerage expects a 13% sequential growth in the topline to Rs 1,871 crore, led by a 4% growth in food delivery business gross merchandise value, and contribution from Blinkit business.
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RBI Monetary Policy: Repo rate hiked by 25 bps, GDP forecast now at 7%
RBI MPC: Shaktikanta Das said that the repo rate hike of 25 bps is considered appropriate at this juncture but the monetary policy will remain agile to inflation1 hour ago — Business Standard- RBI Monetary Policy Live Updates: A Repo Rate Hike Of 25 Basis Points Or Hold? 1 hour ago — Bloomberg Quint
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LinkedIn India's membership crosses 100 million, second largest after US
Software & IT professionals form biggest chunk of members; management the most sought-after skill1 hour ago — Business Standard -
Emotion AI Startup Entropik Raises Rs 200 Crore To Expand Globally
Entropik plans to use funds to build products to "move towards a more scalable way to conduct research and expand globally.1 hour ago — Bloomberg Quint- AI startup Entropik raises $25 million in Series B led by Bessemer, SIG Capital 1 hour ago — Moneycontrol
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TCS Expands Partnership With U.K.'s Phoenix Group With £600-Million Deal
Tata Consultancy Services will digitally transform the life insurance business of ReAssure, which Phoenix Group acquired in 2020.1 hour ago — Bloomberg Quint -
Hemang Jani on 4 stocks to bet on in cement sector
1 hour ago — Economic Times“We have a positive view on the capital goods space. This is one sector which has remained strong even amidst the volatility that we have seen in the last few months and names like L&T, Siemens would continue to do well. Apart from that, the midcap capital goods companies also would remain in focus.”
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Shriram Trans Fin shares rise 0.35% as Nifty gains
1 hour ago — Economic TimesThe stock quoted a 52-week high price of Rs 1509.25 and a 52-week low of Rs 1002.5.
- Avenue Supermart shares gain 0.84% as Sensex rises 1 hour ago — Economic Times
- Ambuja Cements shares gain 1.03% as Sensex rises 1 hour ago — Economic Times
- Vedanta shares gain 1.61% as Sensex rises 1 hour ago — Economic Times
- ICICI Pru Life shares gain 1.97% as Sensex rises 1 hour ago — Economic Times
- Max Financial rises 1.86% as Sensex climbs 1 hour ago — Economic Times
- These 6 stocks record a new 52-week high; rose up to 15% in a month 1 hour ago — Economic Times
- Adani Power shares fall 4.99% as Nifty drops 1 hour ago — Economic Times
- Marico declines 1.87% as Sensex slides 1 hour ago — Economic Times
- Vedanta shares fall 0.78% as Nifty drops 1 hour ago — Economic Times
- Zee Ent. shares drop 1.27% as Sensex falls 1 hour ago — Economic Times
- SRF shares down 0.87% as Nifty drops 1 hour ago — Economic Times
- ICICI Pru Life shares drop 1.3% as Sensex falls 1 hour ago — Economic Times
- Apollo Hospital shares up 0.5% as Nifty falls 1 hour ago — Economic Times
- Bharat Forge shares drop 1.23% as Sensex falls 1 hour ago — Economic Times
- Shriram Trans Fin rises 0.28% as Sensex slides 1 hour ago — Economic Times
- Tata Power shares drop 1.03% as Sensex falls 1 hour ago — Economic Times
- Godrej Consumer shares up 0.34% as Nifty drops 1 hour ago — Economic Times
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Rupee Strengthens Against Dollar, 10-Year Yield Spikes After Rate Hike
The rupee strengthened against the U.S. dollar on Wednesday as the RBI's monetary policy committee hiked the repo rate by 25 bps.1 hour ago — Bloomberg Quint- RBI Monetary Policy Live Updates: A Repo Rate Hike Of 25 Basis Points Or Hold? 1 hour ago — Bloomberg Quint
- Rupee Gains 6 Paise To Close At 82.70 Against US Dollar 1 hour ago — NDTV Business
- Declining core inflation limits need for further interest rate hikes by RBI: S&P Global Ratings 1 hour ago — The Hindu Business
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Polaris Smart Metering raises $100 mn in funding from I Squared Capital
Funds raised will primarily be used to acquire, execute and finance large smart metering contracts across India1 hour ago — Business Standard -
Motilal Oswal Financial Services neutral on GlaxoSmithKline; target price: Rs 1340
1 hour ago — Economic TimesGlaxoSmithKline Pharmaceuticals, incorporated in the year 1924, is a Large Cap company (having a market cap of Rs 21043.62 Crore) operating in Pharmaceuticals sector.
- Motilal Oswal Financial Services neutral on Muthoot Finance, target price: Rs 1140 1 hour ago — Economic Times
- Motilal Oswal Financial neutral on Tata Steel; target price Rs 115: Services 1 hour ago — Economic Times
- Buy Vinati Organics, target price Rs 2401: Centrum Broking 1 hour ago — Economic Times
- Buy Craftsman Automation, target price Rs 3925: Motilal Oswal Financial Services 1 hour ago — Economic Times
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India Energy Week | ReNew Power’s Sumant Sinha on green hydrogen, transition to clean energy
Moneycontrol’s Rachita Prasad catches up with the managing director of ReNew Power on the sidelines of the India Energy Week to discuss India’s transition to clean energy, the government's push for green hydrogen and the company’s upcoming joint venture with IOCL and L&T. Watch the video to find out what does the company has in-store for a cleaner future.1 hour ago — Moneycontrol -
Dalmia Bharat Q3: Well positioned for structural growth
Capacity expansion and acquisition to drive volume growth as demand outlook remains encouraging1 hour ago — Moneycontrol -
Tata Elxsi stock price up 0.75 per cent as Sensex climbs
1 hour ago — Economic TimesAs of 31-Dec-2022, promoters held 43.92 per cent stake in the company, while FIIs held 15.17 per cent and domestic institutional investors had 2.47 per cent.
- Share price of InterGlobe jumps as Sensex gains 229.58 points 1 hour ago — Economic Times
- LTIMindtree stock price up 1.52 per cent as Sensex climbs 1 hour ago — Economic Times
- Buy Aditya Birla Fashion and Retail, target price Rs 305: Motilal Oswal Financial Services 1 hour ago — Economic Times
- Accumulate Jyothy Labs, target price Rs 247: Geojit Financial Services 1 hour ago — Economic Times
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‘India is the right market for us to be domiciled in’: PhonePe’s Sameer Nigam on moving domicile from Singapore
“We want to go public here. We believe the market will reward us if we're doing well by citizens here,” Nigam said.1 hour ago — Moneycontrol -
Hero MotoCorp gets 'buy' tag from Citi, Jefferies with 26% upside after strong Q3 profit
The country's largest two-wheeler maker's revenue from operations during the quarter stood at Rs 8,031 crore, as compared to Rs 7,883 crore during Q3 FY22, witnessing an uptick of 1.8 percent.1 hour ago — Moneycontrol- Hero MotoCorp Q3 Results: Reports Muted Profit Growth On Lower Sales 1 hour ago — Bloomberg Quint
- Adani Ports SEZ's December Quarter Revenue Grows 18% 1 hour ago — NDTV Business
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Stock market update: Stocks that hit 52-week highs on NSE
1 hour ago — Economic TimesSoma Textiles, RBM Infracon Ltd., Spectrum Electrical, Gayatri Rubbers and Chemicals Ltd. and RM Drip and Sprinkle, hit their fresh 52-week highs at 10:55AM.
- Stock market update: Stocks that hit 52-week lows on NSE 1 hour ago — Economic Times
- Stock market update: Stocks that hit 52-week highs on NSE in today's trade 1 hour ago — Economic Times
- Stock market update: Stocks that hit 52-week lows on NSE in today's trade 1 hour ago — Economic Times
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Coromandel International: The value case for this stock is shaping up well
A stock well positioned to benefit from growing and continually evolving agri-input space1 hour ago — Moneycontrol -
RBI proposes borrowing, lending of government securities
The RBI Governor announced the restoration of government securities market timing to pre pandemic. G-Sec market will now be operational between 9am and 5pm1 hour ago — Moneycontrol -
Maximum road accidents in Delhi take place on Friday night: Report
In the last three years, 1,597 people have lost lives on the weekend, between Friday and Sunday1.5 hours ago — Business Standard -
Adani Ports jumps 8% as Goldman Sachs sees 41% upside in stock
Goldman Sachs said ‘buy’ the stock with a target price of Rs 840 implying an upside potential of 41 percent from today’s high of Rs 597.1.5 hours ago — Moneycontrol -
RBI Projects Economic Growth At 6.4% For 2023-24
RBI Governor Shaktikanta Das said the RBI's internal survey says manufacturing, services and infrastructure sector firms are optimistic of the business outlook.1.5 hours ago — NDTV Business -
Sensex rises! But these stocks are down 5% or more on BSE
1.5 hours ago — Economic TimesIn the Nifty pack, 29 stocks were trading in the green, while 21 stocks were trading in the red.
- Sensex falls! These stocks fell 5% or more in Tuesday's session 1.5 hours ago — Economic Times
- Most Adani group stocks rise; Adani Enterprises jumps 14% 1.5 hours ago — The Hindu Business
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RBI MPC: FY24 GDP growth seen at 6.4%, says Governor Shaktikanta Das
“Economic activity in India remains resilient, while investment activity continues to gain traction, and rural demand continues to show signs of improvement,” RBI Governor Shaktikanta Das said1.5 hours ago — Moneycontrol -
Buy Motherson Sumi Wiring India, target price Rs 73: Motilal Oswal Financial Services
1.5 hours ago — Economic TimesThe brokerage believes it deserves rich valuations due to its strong competitive positioning, top decile capital efficiencies, and it being a beneficiary of EVs and other mega trends in Autos.
- Buy Aditya Birla Fashion and Retail, target price Rs 305: Motilal Oswal Financial Services 1.5 hours ago — Economic Times
- Buy Craftsman Automation, target price Rs 3925: Motilal Oswal Financial Services 1.5 hours ago — Economic Times
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Sensex, Nifty rise ahead of RBI monetary policy decision
Ultra cement was the biggest gainer on the Sensex chart1.5 hours ago — The Hindu Business- Sensex, Nifty Open Higher Ahead Of RBI's Policy Decision 1.5 hours ago — NDTV Business
- Stock Market Live: SGX Nifty Signals Higher Open Ahead Of RBI Monetary Policy 1.5 hours ago — Bloomberg Quint
- Most Adani group stocks rise; Adani Enterprises jumps 14% 1.5 hours ago — The Hindu Business
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CRISIL among 8 stocks that closed above their 200 DMA
1.5 hours ago — Economic TimesFor more such web stories click on the ET icon below
- Death Crossovers: These 3 stocks signal further bearishness 1.5 hours ago — Economic Times
- At multi-year highs: These 6 stocks gave 5-year breakouts 1.5 hours ago — Economic Times
- Most Adani stocks stage a comeback. Check out top gainers from the pack 1.5 hours ago — Economic Times
- Gainers and Losers: ITC, Adani stocks among stocks that made headlines today 1.5 hours ago — Economic Times
- Why are insurance stocks getting hammered since Union Budget? 1.5 hours ago — Economic Times
- These 5 AMCs saw highest inflows & outflows in Q3 1.5 hours ago — Economic Times
- Adani-Hindenburg clash: 10 stocks wipe out over Rs 9L cr m-cap in less than a fortnight! 1.5 hours ago — Economic Times
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Rupee gains 4 paise to 82.66 against U.S. dollar in early trade
Brent crude futures, the global oil benchmark, advanced 0.18% to $83.84 per barrel1.5 hours ago — The Hindu Business- Rupee gains 6 paise to end at 82.70 against U.S. dollar 1.5 hours ago — The Hindu Business
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RBI Monetary Policy Highlights: MPC Hikes Repo Rate By 25 Basis Points, Maintains Caution On Inflation
Four of six members of the Monetary Policy Committee voted for the hike.1.5 hours ago — Bloomberg Quint- RBI ups repo rate by 25 bps; Sensex, Nifty trade higher 1.5 hours ago — Economic Times
- Latest news LIVE: RBI raises repo rate by 25 basis points to 6.5% 1.5 hours ago — Business Standard
- RBI Monetary Policy Live Updates: A Repo Rate Hike Of 25 Basis Points Or Hold? 1.5 hours ago — Bloomberg Quint
- With vote split, RBI's MPC might hike repo rate by 25 bps: Experts 1.5 hours ago — Business Standard
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Paytm woos another bear! Macquarie raises share target price by 80%
2 hours ago — Economic TimesThe analysts had last year given a target price of Rs 450 on the stock with an underperform rating. They have now raised Paytm's FY23–26E revenue estimates by 33–51% and given the stock a double upgrade to outperform.
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Bharti Airtel shares fall 2% as telco reports 26% QoQ fall in Q3 profit
2 hours ago — Economic TimesAirtel also reported higher-than-expected consolidated revenue in the December quarter, up 20% on-year and 3.7% sequentially, to Rs 35,804.4 crore, driven by strong ARPU growth and sustained momentum of its postpaid, enterprise, homes and Africa businesses.
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Hot Stocks: Global brokerages on Adani Ports, Bharti Airtel, and Paytm
2 hours ago — Economic TimesMorgan Stanley said that the Q3 results were in-line but capex was higher than expectations. “There is visible strength in 4G subscriber growth in India mobile business. ARPUs are trending higher, and in line with expectations.
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Loan EMIs May Go Up As RBI Announces Sixth Straight Lending Rate Hike
RBI raised the repo rate by 25 basis points to 6.5%.2 hours ago — NDTV Business -
There’s no reason to believe if tax advantages are gone, savings habits will be gone: Feroze Azeez
2 hours ago — Economic Times"The only one point which needs to be considered is largely making it simple. If you are getting say Rs 5 lakh deductions under the 80D, 80C, home loan, HRA, then you are better off in the old regime. This is the only decision point which is simple enough for a lay person to comprehend. The sum total of all exemptions should exceed Rs 3.77 lakh for him to write to his employer and say keep me in the old one, otherwise the default is okay."
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RBI Policy: MPC hikes repo rate by 25 bps, cautious on inflation but focus back on growth
Since last May, the MPC has hiked the policy rates by 250 bps to fight a persistently high inflation. With this round of rate hike, the MPC is likely to have reached the end of the rate hike cycle, according to experts2 hours ago — Moneycontrol- MPC may hike repo rate by 25 bps, change monetary policy stance to neutral 2 hours ago — Moneycontrol
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Chinese spy balloons have targeted several countries, including India: Report
US officials have briefed its friends and allies including India on the finds of the Chinese surveillance balloon that was shot down by a fighter jet off the coast of South Carolina in the Atlantic Ocean on Saturday.2 hours ago — Moneycontrol -
Oil steady on subdued dollar, traders await more inventory data
Brent crude futures rose by one cent to $83.70 a barrel at 0405 GMT, after gaining 3.3% in the previous session.2 hours ago — Moneycontrol -
Tata Steel: Performance of India operations seems to have bottomed out
Focusing majority of its capex on Indian markets2 hours ago — Moneycontrol -
Turkey, Syria quake: international support and offers of aid
Below is a list of some of those announcements of support2 hours ago — Moneycontrol -
Cement shares rally on hopes of GST cut; UltraTech, Ambuja gain 3%
Finance Minister Nirmala Sitharaman on Tuesday said that the government will consider a review of the 28 per cent Goods and Services Tax (GST) levied on cement.2 hours ago — Business Standard- Sitharaman Asks India Inc. To Partner With Startups, Use Tech Solutions 2 hours ago — Bloomberg Quint
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Rate sensitive stocks trade mixed ahead of RBI policy meet outcome
A poll conducted by Reuters found that there will be an expected slowdown of 6 percent in India's economic growth during 2023-24 from an expected 6.7 percent.2 hours ago — Moneycontrol -
No billionaire should pay less tax than a school teacher or firefighter, says Joe Biden
Biden also spoke about inflation, Putin's invasion of Ukraine, climate crisis, healthcare concerns among Americans during his address.2 hours ago — Moneycontrol -
Deloitte’s Divya Baweja on how the new tax regime will impact the common man
2 hours ago — Economic Times“If anyone is contributing towards life insurance in aggregate, which is more than Rs 5 lakh and if the premium is more than Rs 5 lakh in aggregate, then whatever money is realised during the lifetime of the person who is insuring that will be taxable, subject to deduction of the premium. ”
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Coforge comes under Nomura coverage with a ‘buy’ tag, 14% upside
Brokerage firm Nomura Research has initiated coverage on Coforge Ltd with a buy rating, pegging a target price of Rs 5050 implying a 14% potential upside.2 hours ago — Moneycontrol -
Can Joe Biden make his case for 4 more years?
Polls show a majority of Americans are largely unaware of his successes and don't approve of his job performance. Even Democrats question whether he should run for reelection amid concerns about his age.2 hours ago — Moneycontrol -
Lessons from the great reflation
There is a danger not just of loosening too soon but of loosening too far2.5 hours ago — Moneycontrol -
Sensex gains 200 pts, Nifty above 17,750; Adani Ports jumps 4%, Airtel sheds 2%
2.5 hours ago — Economic Times- Sensex falls 221 points, Nifty below 17,750; Adani Ent rallies 15% 2.5 hours ago — Economic Times
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Macquarie Upgrades Paytm To 'Outperform', Shares Surge
Macquarie raised its target price on the stock from Rs 450 to Rs 800, implying a potential upside of over 36%.2.5 hours ago — Bloomberg Quint -
Sensex climbs 250 points, Nifty above 17,800 ahead of RBI policy outcome
2.5 hours ago — Economic TimesFrom the Sensex pack, UltraTech Cement, HCL Tech and Infosys were the top gainers, rising over 1%. Wipro, TCS, Tech Mahindra and Bajaj Finance also opened with gains. On the other hand, Bharti Airtel, NTPC, Maruti, Tata Motors and Sun Pharma opened with losses.
- Sensex ends 215 pts lower, Nifty below 17,800 ahead of RBI's rate decision 2.5 hours ago — Economic Times
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FII tracker: Bank stocks got Rs 15,000 crore-shock in January. Should you sell too?
2.5 hours ago — Economic TimesWith the asset quality pain being largely behind and the restructured book behaving fairly well, a ramp-up in credit growth and the ability to maintain margins in an increasing interest rate environment is likely to drive valuations for banks and NBFCs moving forward, analysts say.
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Stocks to buy today: 6 short-term trading ideas by experts for 8 February 2023
2.5 hours ago — Economic TimesOptions data suggests a broader trading range in between 18400 to 19200 zones while an immediate trading range in between 18400 to 18800 zones,” Chandan Taparia, Analyst-Derivatives at Motilal Oswal Financial Services Limited, said.
- Tech View: Nifty charts hint at selling pressure on every uptick. What traders should do on Wednesday 2.5 hours ago — Economic Times
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Indian startups fired 6,000 employees in third quarter, says report
This can be attributed to investors lowering funding amid high volatility in global markets2.5 hours ago — Business Standard -
Add Intellect Design Arena, target price Rs 493: Centrum Broking
2.5 hours ago — Economic TimesThe brokerage revises its revenue forecasts for FY23/24E by -3%/-5% and EBITDA margins by +50/-90 bps due to lower growth in licenses/SaaS business.
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SBI likely to sell Rs 10,000 crore of AT-1 bonds around February 20
The bonds, which are likely to receive a rating of AA , may go up for bidding on February 20 with issuance scheduled for the next day2.5 hours ago — Business Standard -
Buy Indian Hotels Company, target price Rs 335: HDFC Securities
3 hours ago — Economic TimesSurpassed crucial resistance of its 50 days EMA,placed at Rs 318. RSI has exited the oversold zone.
- Buy Zensar Technologies, target price Rs 255: HDFC Securities 3 hours ago — Economic Times
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Gurmeet Chadha on 2 NBFC picks and what to buy in auto sector
3 hours ago — Economic Times“We like TVS for the way they have changed capital allocation. There is a premiumisation playing out. Their average selling price has been steadily moving up with a nice product mix and very calibrated price hikes. That is one thing we like in the two-wheelers but first preference is more four-wheeler OEMs and some of the auto-ancillaries like UNO Minda.”
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OnePlus 11 5G review: A pro-grade phone even if it does not have it in name
OnePlus included two-side curved screen, alert slider, and Hasselblad imaging in the OnePlus 11 5G, making it pro-grade premium smartphone3 hours ago — Business Standard -
Agri Picks Report: Geojit
According to Geojit , Mixed moves continued in NCDEX spices complex on Tuesday. Jeera futures pared initial losses and inched higher, while coriander trimmed gains to end the session marginally up.3 hours ago — Moneycontrol -
Stock Market Live: Markets likely to stabilise ahead of RBI policy | Ambuja, Bharti Airtel in focus
All eyes to be on RBI’s monetary policy decision, bunch of Adani group companies to report numbers. SGX Nifty indicates positive start, stocks in focus: Bharti Airtel, Hero Motocorp, Ambuja Cements3 hours ago — Moneycontrol -
Adani stocks a big risk-reward play better left to very high risk traders: Siddhartha Khemka
3 hours ago — Economic Times"On the company side, we have heard statements and assurance that they have returned the FPO money. They would be repaying a lot of debt backed by shares pledged. So that risk is getting off. But the key question remains what about the growth capex that they were looking at? So while we do not have an official coverage on the Adani Group, the issue could continue for a long while."
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India must move quickly to secure its lithium resources
Without lithium security, and large cost-effective lithium refining capacities, India’s Li-Ion battery supply chain could end up lop-sided with an imbalance in supply and demand in the face of global protectionism3 hours ago — Moneycontrol -
MC Insider: The silent top boss, market’s love for chemical stocks, fintech feat and more
3 hours ago — Moneycontrol -
Top cryptocurrency news on February 08: N. Korea’s hacking groups increase crypto thefts, UK prepares for cashless future with Digital Pound, & more
A daily round-up of the most interesting articles on cryptocurrencies like Bitcoin, Ethereum and Tether to help jump-start the day3 hours ago — Moneycontrol- Moneycontrol Daily: Your Essential 7 3 hours ago — Moneycontrol
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Why is an infringement of intellectual property acceptable but not royalty payments?
To develop a strong innovation ecosystem in the country, it is important that a concerted effort is made to develop respect for the IPRs of others amongst citizens and develop consciousness amongst entrepreneurs to protect and develop their IPRs3 hours ago — Moneycontrol -
Airbus to recruit engineering, IT talent at Aero India in Bengaluru, 13,000 new jobs this year
Aero India 2023: The talent scouting event is part of Airbus's industrial ramp-up in this year, during which it intends to recruit more than 13,000 people globally.3 hours ago — Moneycontrol -
Buy or Sell: Stock ideas by experts for February 08, 2023
3 hours ago — Economic Times -
India's Mega E-Bus Plan Runs Into Same Old Problem
Companies have also raised concerns that state transport units may miss making regular payments due to their poor finances.3.5 hours ago — Bloomberg Quint -
Amazon Prime Video rejigs top management, India head gets APAC role
The transition to new roles will come into effect from April this year.3.5 hours ago — Moneycontrol -
Paytm posts 327% spurt in credit offtake at Rs 3,928 crore
The company recorded a 327 percent surge in loan disbursements at Rs 3,928 crore in January 2o233.5 hours ago — Moneycontrol- Eveready Industries Q3 profit down 77% to Rs 5.44 crore, revenue up 1.4% to Rs 330.4 crore 3.5 hours ago — Moneycontrol
- Icertis co-founder and CTO buys apartment in Mumbai for Rs 37.98 crore 3.5 hours ago — Moneycontrol
- Ambuja Cements reports 46% rise in profit to Rs 328.9 crore in Q3FY23 3.5 hours ago — Business Standard
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Rashtriya Chem Standalone December 2022 Net Sales at Rs 6,235.14 crore, up 68.55% Y-o-Y
3.5 hours ago — Moneycontrol- NDTV Consolidated December 2022 Net Sales at Rs 105.37 crore, down 9.44% Y-o-Y 3.5 hours ago — Moneycontrol
- Captain Poly Consolidated December 2022 Net Sales at Rs 71.63 crore, up 64.27% Y-o-Y 3.5 hours ago — Moneycontrol
- Somany Ceramics Consolidated December 2022 Net Sales at Rs 622.41 crore, up 6.04% Y-o-Y 3.5 hours ago — Moneycontrol
- Sobha Consolidated December 2022 Net Sales at Rs 868.20 crore, up 29.93% Y-o-Y 3.5 hours ago — Moneycontrol
- Keerti Knowledg Consolidated December 2022 Net Sales at Rs 1.72 crore, up 35.9% Y-o-Y 3.5 hours ago — Moneycontrol
- Hero Motocorp Consolidated December 2022 Net Sales at Rs 8,118.33 crore, up 1.31% Y-o-Y 3.5 hours ago — Moneycontrol
- Eveready Ind Consolidated December 2022 Net Sales at Rs 330.43 crore, up 1.39% Y-o-Y 3.5 hours ago — Moneycontrol
- Cella Space Ltd Consolidated December 2022 Net Sales at Rs 1.74 crore, up 36.59% Y-o-Y 3.5 hours ago — Moneycontrol
- Axtel Ind Standalone December 2022 Net Sales at Rs 40.37 crore, up 6.26% Y-o-Y 3.5 hours ago — Moneycontrol
- Rishiroop Standalone December 2022 Net Sales at Rs 19.73 crore, down 16.15% Y-o-Y 3.5 hours ago — Moneycontrol
- MT Educare Standalone December 2022 Net Sales at Rs 8.34 crore, up 106.56% Y-o-Y 3.5 hours ago — Moneycontrol
- Talbros Eng Standalone December 2022 Net Sales at Rs 108.51 crore, up 24.42% Y-o-Y 3.5 hours ago — Moneycontrol
- India Tourism D Standalone December 2022 Net Sales at Rs 116.80 crore, up 32.4% Y-o-Y 3.5 hours ago — Moneycontrol
- KG Denim Standalone December 2022 Net Sales at Rs 108.08 crore, down 29.03% Y-o-Y 3.5 hours ago — Moneycontrol
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Big Movers on D-St: What should investors do with Apar Industries, CG Power and Paytm?
3.5 hours ago — Economic TimesThe only caution sign is that volumes are gradually decreasing with every new up move which suggests the trend might be weakening, but we must wait for price confirmation which is still not there.
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Stocks in focus: Astral, BSE Ltd, ICICI Pru and more
4 hours ago — Economic Times- 8 PSU stocks in focus after Budget announcements 4 hours ago — Economic Times
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Traders can adopt sell-on-rise strategy for FMCG, auto shares: Ravi Nathani
According to the technical analyst, he recommends traders to adopt sell side position for Nifty Metal index or wait for bearish correction to culminate before commencing accumulation at support levels4 hours ago — Business Standard -
MARKET LIVE: Positive start on cards ahead of RBI policy outcome
Stock market live updates: As of 7:40 am, the SGX Nifty hovered around 17,800 levels, up over 50-odd points4 hours ago — Business Standard- MARKET LIVE: Sensex pares losses to turn flat; banks, realty stocks firm 4 hours ago — Business Standard
- MARKET LIVE: Sensex off lows, down 250 pts; Financials lead recovery 4 hours ago — Business Standard
- MARKET LIVE: Sensex extends fall, down 400 pts; Nifty50 slips below 17,700 4 hours ago — Business Standard
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With Bard, Google joins the race against ChatGPT to answer our queries
Singed by CCI’s Rs 1,337 crore penalty for abusing its dominant position, Google could face more regulatory scrutiny if Bard leapfrogs over ChatGPT to dominate the AI large language model race4 hours ago — Moneycontrol -
Stocks to Watch: Bharti Airtel, Hero Moto, Adani Green, Ambuja Cement, NDTV
Stocks to Watch: Airtel reported a 91.5 per cent year-on-year rise in consolidated net profit; Adani Green Energy's consolidated net profit more than doubled to Rs 103 crore in Q34 hours ago — Business Standard- Adani Green Energy Q3 net profit more than doubles to Rs 103 crore 4 hours ago — Business Standard
- Bharti Airtel Q3 net profit jumps 91% to Rs 1,588 cr; ARPU rises to Rs 193 4 hours ago — Business Standard
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Asian shares rise, dollar staggers after 'dovish' Powell comments
4 hours ago — Economic TimesIn the currency market, the dollar pulled back a bit after the speech. The dollar index, which measures the U.S. currency against six major rivals, was at 103.30, having dropped to as low as 102.99 in the previous session.
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Here's why Vinay Rajani is bullish on Dr Reddy's, Oracle Financial Services
As per the technical analyst, the Budget session high of 17,973 and low of 17,353 have become crucial levels to watch out for any directional move in the Nifty index4 hours ago — Business Standard -
Distressed Funds Including Oaktree Scoop Up Adani Bonds
Hedge funds and distressed debt specialists have scooped up bonds related to Gautam Adani’s business empire as they look to capitalize on falling prices in the aftermath of a scathing short-seller report.4 hours ago — Bloomberg Quint -
Microsoft Unveils Bing Search Engine Using OpenAI Technology
Microsoft Corp. unveiled a version of its Bing internet-search engine powered by the newest technology from ChatGPT maker OpenAI, seeking to gain ground on Google by offering an artificial intelligence-based service that generates more conversational answers.4 hours ago — Bloomberg Quint -
First Drive: The Electric Rolls-Royce Spectre Is a Rolls in Its Purest Form
The new EV from the 118-year-old brand, so well-known for its V12 combustion engines, actually enriches what it means to be a Rolls-Royce. Bloomberg’s columnist was the first journalist to give it a spin.4 hours ago — Bloomberg Quint -
Malaysia Weighs Trade Curbs to Fight EU’s Anti-Palm Oil Policies
Malaysia, the world’s second-biggest palm oil producer, is weighing a range of trade curbs to strike back against what it calls unfair policies from the European Union that block market access for the tropical oil.4 hours ago — Bloomberg Quint -
Dollar pulls back as Powell sticks to usual Fed playbook
4 hours ago — Economic TimesThe Reserve Bank of Australia on Tuesday raised its cash rate by 25 basis points, as expected, but reiterated that further increases would be needed, indicating a more hawkish policy tilt than many had expected.
- Stocks, dollar pause ahead of Powell, Biden speeches 4 hours ago — Economic Times
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Credit Suisse Dials Back Asia Risk Controls After Bankers Revolt
Credit Suisse Group AG, fighting to stem a wave of investor outflows, is dialing back some stringent anti-money laundering controls in Asia after they drew protests from clients and bankers and contributed to staff departures.4 hours ago — Bloomberg Quint -
Meta Asks Many Managers To Get Back To Making Things Or Leave
A ‘flattening’ is taking place as Mark Zuckerberg aims for greater efficiency4 hours ago — Bloomberg Quint -
Gold ticks up as dollar eases after Powell's comments
4 hours ago — Economic TimesGold is sensitive to high interest rates, which lift the opportunity cost of holding non-yielding bullion.The U.S. trade deficit widened in December, reversing half of the prior month's sharp contraction, as imports rebounded and exports of goods dropped to a 10-month low amid cooling global demand and declining crude oil prices.
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Morning Scan: All the big stories to get you started for the day
A round-up of the biggest articles from newspapers4 hours ago — Moneycontrol- Moneycontrol Daily: Your Essential 7 4 hours ago — Moneycontrol
- Moneycontrol Selects: Top stories this evening 4 hours ago — Moneycontrol
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Cost-Reflective Tariffs To Help Mundra Plant Operate At Full Capacity: Tata Power CEO
The Mundra plant is operating only one unit now as supplies to four procurer states were stopped over supplementary tariffs.4 hours ago — Bloomberg Quint -
India-emerging markets swap trade: When will FIIs stop selling? | Market Minutes
In this edition of Market Minutes, N Mahalakshmi weighs the India-emerging markets swap trade that has caused the foreign investors to withdraw from India. When will they stop selling? Market Minutes is a morning podcast that tracks the risk-reward in stock markets by putting the spotlight on keys data points and developing trends4.5 hours ago — Moneycontrol -
Oil climbs 3rd day on subdued dollar, U.S. crude stocks' drop
4.5 hours ago — Economic TimesHowever, gasoline and distillate inventories rose more than expected, with gasoline stocks up by about 5.3 million barrels and distillate stocks, which include diesel and heating oil, up by about 1.1 million barrels.
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Divestment target little too high amid macro challenges and uncertainties, says this investment strategist
Infrastructure has definitely emerged as a clear winner after the budget. Crucial to boosting last-mile connectivity, India has decided to build 50 additional airports, heliports, and aerodromes, and identified 100 fresh projects.4.5 hours ago — Moneycontrol -
Wall Street rallies but trade choppy as investors digest Powell comments
4.5 hours ago — Economic TimesMost sectors on the S&P 500 ended higher. The energy sector the top gainer as crude prices surged more than 3% on Powell's remarks. The technology and communication services sectors were also among top gainers.
- Wall Street rallies but trade choppy as investors digest Jerome Powell comments 4.5 hours ago — Moneycontrol
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Market Live Updates: SGX Nifty indicates positive open ahead of RBI MPC meet outcome, Asian markets mixed
Market Live Updates: Trends in the SGX Nifty indicate a positive opening for the broader index in India on the back of a rally in Wall Street and mixed trading in Asian peers4.5 hours ago — Moneycontrol- Stock Market Today: Top 10 things to know before the market opens today 4.5 hours ago — Moneycontrol
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Stock Market Live Updates: SGX Nifty signals a positive start; Asian shares trade higher
4.5 hours ago — Economic Times- Stock market update: Nifty Bank index advances 0.28% 4.5 hours ago — Economic Times
- Stock market update: Nifty Pharma index falls 0.01% 4.5 hours ago — Economic Times
- Stock market update: Nifty Realty index advances 0.88% 4.5 hours ago — Economic Times
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India Does Not Look Attractive On Valuations, Says JM Financial's Vinay Jaising
The next 12 months could see 10-12% of absolute upside, says Jaising of JM Financial Services.4.5 hours ago — Bloomberg Quint -
Australia's Aaron Finch retires from international cricket
The 36-year-old will, however, continue to play for the Renegades in the Big Bash League and would consider domestic T20 opportunities in other countries.4.5 hours ago — Moneycontrol- Global space economy to reach $1 trn in coming years: Ex-Isro chief 4.5 hours ago — Business Standard
- PhonePe Launches UPI International Service In Five Countries 4.5 hours ago — Bloomberg Quint
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Sidharth Malhotra and Kiara Advani share pics from dreamy Jaisalmer wedding
Sidharth Malhotra and Kiara Advani tied the knot in an intimate ceremony in Jaisalmer. Their wedding was attended by family members and industry colleagues like Karan Johar and Shahid Kapoor.4.5 hours ago — Moneycontrol- Sidharth Malhotra, Kiara Advani get married in Jaisalmer 4.5 hours ago — Moneycontrol
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Budget 2023: Home loan interest deduction cannot be part of acquisition cost while calculating capital gains
Deduction claimed against home loan interest cannot be part of acquisition cost while calculating capital gains.5 hours ago — Moneycontrol -
This investment advisor feels, cautiously optimistic stance across sectors looks like the most prudent outlook after Q3
"Banks are at the peak of their health in terms of asset quality and in a tight monetary environment continue to flourish. Credit expansion theme seems to be continuing and the earnings have been spectacular," said Sonam Srivastava, Founder at Wright Research5 hours ago — Moneycontrol -
Live News: Death toll rises close to 8000 after Turkey, Syria hit by earthquake
Business and Political Updates: Over 11,342 buildings have collapsed, according to AFAD, the Turkish disaster management agency. Late Tuesday night, it confirmed the collapse of 5,775 buildings. Over 8,000 people were rescued from the debris. There are now at least 380,000 Turkish citizens living in government shelters or hotels5 hours ago — Moneycontrol -
Adani Power, Adani Wilmar, Samvardhana Motherson, Godrej Agrovet Q3 Results Today—Earnings Estimates
Adani Power and Adani Wilmar are among the companies scheduled to announce their results for the quarter ended December 2022.5 hours ago — Bloomberg Quint- Adani Power, Shree Cements: Key earnings to track on Wednesday 5 hours ago — Economic Times
- Adani Ports Q3 Results: Profit Drops On Forex Losses, Misses Estimates 5 hours ago — Bloomberg Quint
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Carlsberg warns price hikes may hit beer sales in 2023
The world's third-biggest brewer also said it is buying out its partner in India and is seeking an option with the buyer of its Russian business to re-enter that market at some point in future.5 hours ago — Moneycontrol -
Red Tape around Red Sanders
An explainer on why Indian Red Sandalwood has a government interference problem5 hours ago — Finshots -
Daily Voice | This investment manager doesn't see any significant risk to banking sector from Adani Group firms
"The exposure to Adani group companies is not reflecting a systemic challenge. There are tangible assets backing the loans," said Divam Sharma, Founder of Green Portfolio.5 hours ago — Moneycontrol -
The electric Rolls-Royce spectre is a rolls in its purest form
That’s how I ended up in Cape Town behind the wheel of the 2023 Rolls-Royce Spectre. After rolling around South African wine country, I found the estimated $500,000 coupe to be smoother, more silent and more powerful–not to mention better looking–than any of its V-12 predecessors.5 hours ago — Moneycontrol -
Microsoft CEO Satya Nadella sees AI as new way to win search battle: Q&A
The Microsoft AI model for search — called Prometheus and built on some of the same technology OpenAI used for the viral ChatGPT chatbot — will allow it to make the biggest leap ever in the relevance of search results, he said. The new Bing adds the ability to chat and can even help users compose emails and other content.5.5 hours ago — Moneycontrol -
Boeing says it will cut about 2,000 white-collar jobs in finance and HR
Last month, the Arlington, Virginia-based company announced it would hire 10,000 workers in 2023 after hiring 15,000 people in 2022, but said some support positions would be cut.5.5 hours ago — Moneycontrol -
New British stamp with image of King Charles unveiled
From coins and banknotes and to the official royal cypher used by the government, Britain has been slowly introducing replacements featuring the new monarch since his mother's death in September.5.5 hours ago — Moneycontrol -
Which target maturity fund will help you ride out RBI’s final rate hike(s)…and beyond?
RBI’s first monetary policy of 2023 may well see its final, or one of its last, interest rate hikes for now. And target maturity funds are an ideal investment for your debt allocation.5.5 hours ago — Moneycontrol -
Zoom to lay off around 1,300 employees, CEO Eric Yuan taking 98% pay cut
Zoom on Tuesday announced that it will lay off about 1,300 employees, or approximately 15 per cent of its staff, becoming the latest tech company to announce significant job cuts5.5 hours ago — Business Standard -
Toll in Turkey, Syria crosses 7,800; chorus to lift US sanctions grows
The death toll from Monday's devastating earthquakes climbed to 5,894 in Turkey and 1,932 in Syria on Tuesday, while calls mounted to lift the US sanctions on Syria, state media reports say5.5 hours ago — Business Standard- Quake deaths pass 5,000 as rescuers in Turkey, Syria seek survivors 5.5 hours ago — Business Standard
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NBFC-MFIs lead in microloan asset share
5.5 hours ago — Economic TimesIt said that NBFC-MFIs surpassed banks by a thin margin. Banks as a group controls 34.8% of the market, in which lenders provide micro loans without collateral to joint liability group members. Loans given by banks to self help group members are not included here.
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Asia Stocks Face Mixed Open After US Shares Rally: Markets Wrap
Track the global equity, currency & commodity markets here.6 hours ago — Bloomberg Quint -
Ebay to lay off 500 employees
A raft of U.S. companies from Goldman Sachs Group Inc to Alphabet Inc have laid off thousands this year to ride out a demand downturn wrought by high inflation and rising interest rates.6 hours ago — Moneycontrol -
RBI Monetary Policy 2023 Live updates: Status quo or 25 bps hike? All eyes on Mint Street today
RBI Monetary Policy 2023 Live: RBI policy comes days after Finance Minister Nirmala Sitharaman announced the Budget for 2023-24. Mint Road will take comfort in the fact that the FM has maintained fiscal discipline despite a mega capex push and sops for taxpayers. The FM, in post Budget interview to Network18, has said that with inflation fall sustaining and not just a one-month affair, the pressure on the RBI MPC to hike rates has eased.6 hours ago — Moneycontrol -
Zoom to shed about 1,300 jobs as pandemic-fuelled demand slows
Chief Executive Eric Yuan also said that he will take a salary cut of 98% for the coming fiscal year, foregoing his fiscal 2023 corporate bonus7 hours ago — The Hindu Business- Zoom to shed about 1,300 jobs as pandemic-fueled demand slows 7 hours ago — The Hindu Business
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Stocks To Watch: Vodafone Idea, Adani Green, Bharti Airtel, Adani Wilmar, ONGC
Stocks to watch before going into trade today.7 hours ago — Bloomberg Quint -
MC Business Quiz February 8, 2023: Tata Motors, Reed Hastings, Pringles and a country with two national carriers
Flex your brain's muscles. In this edition of our regular MC Business Quiz, a book by Simon Sinek, a 1970s Indian celebrity on the cover of Time magazine, and allegations of financial irregularities.10.5 hours ago — Moneycontrol -
Budget 2023: A Balancing act with tax relief, inclusive spending and capex surge
11 hours ago — Economic TimesMany of India's infrastructure, particularly in airports and ports, today can be compared favourably with their global counterparts, and in some, like waterways and roads, there is scope for improvement. The government recognises this need to build capacity and infrastructure.
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HSBC confident it can serve an aspirational India going global
11 hours ago — Economic TimesWhile the London-based lender is still deliberating plans on branch expansion, it is building a tech stack to onboard a large section of the first-time salaried class, affluent Indians and the MSME segment as its clients.
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IBBI challenges NCLT's order rejecting admission of GTL Infra
11 hours ago — Economic TimesIBBI's petition is aimed at course correction after the Vidarbha Industries Power case where the Supreme Court struck down the National Company Law Tribunal's decision to admit the Anil Ambani-promoted power producer despite proof of default while adding that tribunals should have factored in extraneous matters.
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Adani Group plans independent probe into Hindenburg allegations
11.5 hours ago — Economic TimesAccording to industry observers, the decision to undertake an independent assessment augurs well to reassure investors, especially equity investors, who have borne the major brunt in the saga and have witnessed steep wealth erosion.
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Inflation starting to slow but long, 'bumpy' road ahead: Federal Reserve Chair Jerome Powell
He noted that the services sector has not shown much disinflation yet, apart from in the housing services segment.11.5 hours ago — Moneycontrol -
Microsoft says 'new day' for search as AI-powered Bing challenges Google
"It's a new day for search... The race starts today," Nadella said at a launch event.11.5 hours ago — Moneycontrol -
Powell Says Further Rate Hikes Needed Amid ‘Strong’ U.S. Labour Market
(Bloomberg) -- Federal Reserve Chair Jerome Powell said that additional interest-rate increases will be needed to cool inflation and borrowing costs may need to peak higher than previously expected, if the strong jobs market persists.11.5 hours ago — Bloomberg Quint -
Moody's Says Bank Exposure To Adani Not Large To Affect Credit Quality
The group's access to funding from international markets can be curtailed because of heightened risk perception, Moody's said.12 hours ago — Bloomberg Quint- Moody's To Monitor Increase In Indian Banks' Exposure To Adani Group 12 hours ago — Bloomberg Quint
- Banks' exposure to Adani group not large enough to affect credit quality: rating agencies 12 hours ago — The Hindu Business
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SEBI Gives Three More Weeks To Online Bond Platforms For Registration As Stock Brokers
The extension has been given keeping in view the technical difficulties faced by these entities, SEBI said.12 hours ago — Bloomberg Quint -
Microsoft to revamp Bing search engine with more AI as Google rivalry heats up
"This technology is going to reshape pretty much every software category," said Microsoft Chief Executive Satya Nadella, in a briefing for reporters at Microsoft headquarters in Redmond, Washington.12 hours ago — Moneycontrol- Microsoft packs Bing search engine, Edge browser with AI in big challenge to Google 12 hours ago — Moneycontrol
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Zoom Video To Cut 1,300 Jobs, Or 15% Of Global Workforce
Zoom is eliminating its workers as the service that became ubiquitous during the pandemic adapts to slower growth.12 hours ago — Bloomberg Quint -
5G smartphone shipments in India surge by 74% in 2022: CyberMedia Research
Shipments of 5G smartphones spurted by 74 per cent in 2022 even as overall mobile phone shipments declined by 8 per cent in the year, CyberMedia Research said on Tuesday12.5 hours ago — Business Standard -
Entropik raises $25 mn in Series B funding led by Bessemer, SIG Venture
The funding led by Bessemer Venture Partners and SIG Venture Capital would help Entropik to expand across the US, Europe and Asian Markets12.5 hours ago — Business Standard -
There was no pressure from Adani Group to sell Mumbai airport: GVK's Sanjay Reddy
His comments come on a day when Congress leader Rahul Gandhi alleged in Lok Sabha that "Mumbai airport, was taken away from GVK using agencies such as the CBI and the ED, and was given to Adani by the Government of India".12.5 hours ago — Moneycontrol -
Google unveils ChatGPT rival Bard, AI search plans in battle with Microsoft
The ascent of ChatGPT, a chatbot from Microsoft-backed OpenAI that could disrupt how consumers search for information, has been one of the biggest challenges to Google in recent memory12.5 hours ago — Business Standard -
Earthquake death toll surpasses 5,100; 3-month state of emergency in Turkey
The death toll from a 7.8 magnitude earthquake and multiple aftershocks rose to more than 5,000 on Tuesday as more bodies were pulled from the rubble of collapsed buildings. Turkiye's Vice President Fuat Oktay said the total number of deaths in ...12.5 hours ago — Business Standard- Frantic search in Turkey, Syria after massive quakes kill over 5,000 12.5 hours ago — Business Standard
- Quake deaths pass 5,000 as rescuers in Turkey, Syria seek survivors 12.5 hours ago — Business Standard
- Frantic searching in Turkey, Syria after massive quakes kill over 5,000 12.5 hours ago — Business Standard
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Vodafone Idea Allocates 33.44% Stake To Government
The shares have been allocated in lieu of conversion of interest dues related to adjusted gross revenue and spectrum auction.12.5 hours ago — Bloomberg Quint- Govt gets 33.44% stake in Vodafone Idea post equity allocation 12.5 hours ago — Moneycontrol
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States' Bond Prices Down By 7 Basis Points To 7.61%
Twelve states raised Rs 20,300 crore through state government securities on Tuesday, which is a sharp 42% increase year-on-year.12.5 hours ago — Bloomberg Quint -
Mehruali murder case: Scientific tests of Poonawala corroborate his disclosure, says Delhi Police in charge sheet
Poonawala is accused of killing his live-in partner Shraddha Walkar and disposing her body after chopping it into pieces.12.5 hours ago — Moneycontrol -
Reliance Capital Resolution: NCLAT Notice To Torrent Investments, Others On Lender's Plea
The NCLAT bench issued notices to Torrent Investments and other respondents, directing them to file replies in three days.13 hours ago — Bloomberg Quint -
PM round table: Green hydrogen, finance and technology top agenda
Green H2, tech transfer, and financing discussed at the round table13 hours ago — Business Standard- India Energy Week: India has best rate of return in the world, says PM Modi 13 hours ago — Business Standard
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Walmart-owned Flipkart poised to list publicly, says SoftBank
In India, SoftBank has backed many companies, and unicorns or start-ups with over $1 billion in valuation13 hours ago — Business Standard -
Zoom to cut headcount by 15%
Zoom Video Communications said in blog post on Tuesday that it will lay off 15% of its workforce, or about 1,300 jobs.13 hours ago — Moneycontrol -
PayU's LazyPay, IndiaBulls Home Loans, Kissht among websites blocked by govt
The government has blocked 232 apps operated by overseas entities, including Chinese, for being involved in betting, gambling and unauthorised loan service.13 hours ago — Moneycontrol -
Bharti Airtel Q3 net profit rises 91.5% to Rs 1,588 cr; ARPU up at Rs 193
Revenue growth, 4G customer addition power strong result13 hours ago — Business Standard- Bharti Airtel Q3 net profit surges 91.5% to ₹1,588 crore 13 hours ago — The Hindu Business
- Hero MotoCorp Q3 results: Net profit rises 2.41% to Rs 721.24 cr, beats estimate 13 hours ago — Economic Times
- Bharti Airtel Q3 net profit up 91.5% to Rs 1,588 cr; ARPU rises to Rs 193 13 hours ago — Business Standard
- ABFRL Q3 net profit declines 94.3% to Rs 11.21 crore 13 hours ago — Moneycontrol
- Bharti Airtel Q3 net profit surges 91.5% to ₹1,588 cr 13 hours ago — The Hindu Business
- Bharti Airtel Q3 Results: Profit rises 92% YoY to Rs 1,588 cr; operational revenue up by 20% 13 hours ago — Economic Times
- Bharti Airtel Q3 net profit jumps 91% to Rs 1,588 cr; ARPU rises to Rs 193 13 hours ago — Business Standard
- Bharti Airtel Q3 net profit surges 92% with per-user revenue at Rs 193 13 hours ago — Moneycontrol
- Bharti Airtel Q3 Results: Profit surges 92% YoY to Rs 1,588 crore; ARPU rises to Rs 193 13 hours ago — Economic Times
- Power Mech Projects Q3 Results: Net profit rises over 54% to Rs 50 crore 13 hours ago — Economic Times
- Power Mech Projects Q3 net profit rises over 54% to Rs 50 crore 13 hours ago — Moneycontrol
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Rs 1.45 trillion extra resources for FCI's capital needs, says govt
The IEBR of FCI for FY24 - in line with the Budget documents - is projected to jump a staggering 164 per cent to nearly Rs 1.45 trillion, from the 2022-23 (FY23) Revised Estimates (RE) of Rs 55,000 cr13 hours ago — Business Standard- FCI's internal resources point to short-term capital needs for FY24: Centre 13 hours ago — Business Standard
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Adani market capitalisation rises for first time since Hindenburg report
Followed regulations while making investments: LIC13 hours ago — Business Standard -
Insurance execs to FM Sitharaman: Relax taxing high-value policies
They want the threshold of premiums beyond which the income from these policies is taxed raised to Rs 10 lakh per year from the current Rs 5 lakh13.5 hours ago — Business Standard- Insurance execs meet FM over budget proposal to tax high-value policies 13.5 hours ago — Business Standard
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Will get fitment panel to look into 28% GST for cement: FM Sitharaman
Urges industry to ensure its output is compliant with sustainable development goals, says this is crucial for negotiating non-tariff barriers arising out of environmental concerns around the world13.5 hours ago — Business Standard- Will get fitment panel to look at 28% GST rate for cement: FM Sitharaman 13.5 hours ago — Business Standard
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Interests of poor at centre of every budget presented by BJP govt: PM Modi
He said no one is calling it a "chunavi budget" (budget influenced by polls) even though it was the last full-fledged one before the next Lok Sabha polls13.5 hours ago — Business Standard- Budget has something for all sections, poor people's interests always at centre: PM Modi 13.5 hours ago — Moneycontrol
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Haryana real estate regulator forfeits bank guarantees of JMS Infra Realty
HRERA, Gurugram has forfeited bank guarantees of real estate promoter JMS Infra Realty as promoter failed to submit approved service plans and estimates as well as zoning plan of its project on time13.5 hours ago — Business Standard -
Shares Of Adani Enterprises Jump Nearly 15 Per Cent
Shares of Adani group companies ended on a mixed note on Tuesday, with flagship Adani Enterprises rising nearly 15 per cent.13.5 hours ago — NDTV Business- Most Adani stocks stage a comeback. Check out top gainers from the pack 13.5 hours ago — Economic Times
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Retail investors flock to small-cap AI firms as Big Tech battles for share
14 hours ago — Economic TimesThe viral success of ChatGPT has turned the spotlight on AI on Wall Street, reminiscent of the blockchain hype from a few years ago when shares of companies remotely associated with the technology surged
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Sitharaman Says Demand For Lower GST On Cement To Be Considered
Sitharaman says she will have the fitment committee look at GST on cement.14 hours ago — Bloomberg Quint -
Adani Ports To Repay $605 Million Debt, Capital Expenditure To Halve
Adani Ports & Special Economic Zone Ltd. will repay a debt of around 50 billion rupees ($604.6 million) as Gautam Adani takes steps to improve a leverage metric and corporate governance at his firms.14 hours ago — NDTV Business- Adani Ports To Repay $605 Million Debt, Cut Capital Spends 14 hours ago — Bloomberg Quint
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Dollar at 1-month high as focus turns to Powell speech
14 hours ago — Economic TimesFriday's jobs report wrongfooted traders who were banking on an imminent pause in the Fed's rate-hike cycle, and gave the U.S. currency a leg up
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Meta Partners With IT Ministry For G20 Stay Safe Online Campaign
Under the partnership with IT Ministry, Meta will create and share helpful resources in multiple Indian languages.14 hours ago — Bloomberg Quint -
Parents of student shot in US ask help in sending body back to Telangana
Akhil Sai Mahankali, 25, from Madhira town in Khammam district, died in the State of Alabama, US, on Monday and an Indian national was arrested and charged with manslaughter, police said.14 hours ago — Moneycontrol -
Oil rises on China outlook, supply worries after Turkey earthquake
14 hours ago — Economic TimesSaudi Arabia, the world's top oil exporter, raised prices for its flagship crude for Asian buyers for the first time in six months amid expectations of demand recovery, especially from China.
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Tata Teleservices Q3 net loss narrows to Rs 279.79 crore
14 hours ago — Economic TimesThe company has also appointed a new chief financial officer in Shinu Mathai who will take over the position from March 1. Apart from the role of CFO, Mathai will also carry out the duties as the compliance officer for the company
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CreditAccess Grameen Q3 net profit surges 85% YoY to Rs 217 cr in highest-ever quarterly profit
14 hours ago — Economic TimesIts net interest income rose by 38% at Rs 567 crore. Total income grew by 32% at Rs 910 crore. Impairment of financial instruments dipped by 24% at Rs 89.4 crore. Pre-provision operating profit increased by 38.7% year-on-year at Rs 380 crore
- Adani Green Q3 Results: Profit more than doubles YoY to Rs 103 crore; revenue jumps 53% 14 hours ago — Economic Times
- Power Mech Projects Q3 Results: Net profit rises over 54% to Rs 50 crore 14 hours ago — Economic Times
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Axis AMC launches state debt index fund
The new fund opens for subscription on Wednesday and closes on February 21. The fund matures on September 30 2027, Axis AMC said in a statement.14 hours ago — Moneycontrol -
Rane Engine Valve Q3 net loss narrows on strong sales volume
Revenue from operations rose to ₹124 crore from ₹98 crore14 hours ago — The Hindu Business- Ramco Cements Q3 net dips 19% as input costs surge 14 hours ago — The Hindu Business
- Ambuja Cements reports 46% rise in profit to Rs 328.9 crore in Q3FY23 14 hours ago — Business Standard
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OnePlus 11R Launched in India with Snapdragon 8+ Gen 1 SoC, 120Hz AMOLED Display, 100W Charging
The OnePlus 11R price in India is set at Rs 39,999 for the base 8GB/256GB model.14 hours ago — Moneycontrol- OnePlus Pad announced with MediaTek Dimensity 9000 SoC, 144Hz Display, 9510 mAh Battery 14 hours ago — Moneycontrol
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Stock Radar: Buy M&M Financial Services for a target of Rs 320, says Ajit Mishra
14 hours ago — Economic Times -
Hindustan Zinc says $2.98 billion buyout of Africa zinc assets is an ‘attractive opportunity’
The transaction, approved by the Hindustan Zinc (HZL) board on January 19, was opposed by all three government nominees on the board over several concerns14 hours ago — The Hindu Business- Hindustan Zinc says $2.98 bn buyout of Africa zinc assets is an ‘attractive opportunity’ 14 hours ago — The Hindu Business
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FM signals readiness to review 28% GST on cement
Govt. will cope with whatever fresh shocks that may emerge due to global developments, says Sitharaman; Minister cites example of manner in which Centre coped with unexpected jump in fertiliser prices in 202114 hours ago — The Hindu Business -
Rescuers battle cold as Turkey-Syria quake toll tops 5,400
Tremors that inflicted more suffering on a border area, already plagued by conflict, left people on the streets burning debris to try to stay warm as international aid began to arrive.14 hours ago — Moneycontrol -
'No Pressure From Adani Group': GVK Boss Denies Rahul Gandhi Charge
'There was absolutely no pressure from the Adani group or anyone else to sell Mumbai airport,' GVK's GV Sanjay Reddy told NDTV.14.5 hours ago — Bloomberg Quint -
Ahead of Market: 10 things that will decide D-St action on Wednesday
14.5 hours ago — Economic TimesExpectations of high rates for a protracted period dragged Wall Street's main indexes down on Monday. But, all three major averages are in the black for 2023, with the Nasdaq adding over 13%, led by a revival in battered mega-cap growth stocks
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Market Watch: 17870-17854 trading range for Nifty in near term
14.5 hours ago — Economic Times -
Amid Budget announcement pressure, life insurers seek meeting with FM Sitharaman
The 2023-24 Budget proposal to tax the income from life insurance policies with an aggregate premium of more than Rs 5 lakh has sent the sector into a tizzy.14.5 hours ago — Moneycontrol -
SEBI Proposal: Brokers May Soon Be Expected To Detect, Prevent Fraud
Senior management of brokerages may soon be expected to put in place mechanisms to prevent market abuse.14.5 hours ago — Bloomberg Quint -
Govt becomes single largest shareholder in VI with 33.44%
14.5 hours ago — Economic TimesThe board, at its meeting today, approved allotment of 16,133,184,899 equity shares of face value of Rs 10 each at an issue price of Rs 10 per share, aggregating Rs 161,331,848,990 to the Department of Investment & Public Asset Management, Government of India (acting through President of India),” Vi said in BSE filing late Tuesday evening
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Refex Industries Q3 soars threefold to ₹26 cr.
- TTK Healthcare posts Q3 net profit of ₹12 cr 14.5 hours ago — The Hindu Business
- Ramco Cements Q3 net dips 19% as input costs surge 14.5 hours ago — The Hindu Business
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Oil to retain largest share of energy mix until 2045: OPEC
Share of oil in the energy mix will drop to 29 percent by 2045 from 31 percent in 2021, said Ayed S Al-Qahtani of OPEC.14.5 hours ago — Moneycontrol -
Cross-Border Consumption Of Digital Content May Get Costlier, Say Experts
Government finds a quick fix to its OIDAR tax administration issues; removes 'human intervention' that posed challenge.14.5 hours ago — Bloomberg Quint -
Sobha Ltd Q3 profit halves as land purchase costs surge, expenses up 51.7%
India's real estate developer Sobha Ltd on Tuesday reported that its third-quarter profit nearly halved, hit by higher land acquisition costs15 hours ago — Business Standard -
First Budget in Amrit Kaal: India is the only economic oasis amid global slowdown
15 hours ago — Economic TimesVirtue of spending meticulously, in pockets which provide maximum multiplier is something the FM has shown in Budget 2023, just like the careful spending towards pandemic led stimulus a couple of years back. Even while checking all the right boxes, we have reduced our fiscal deficit
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Will RBI's Das make D-Street bulls smile or frown on Wednesday?
15 hours ago — Economic TimesThe volatility gauge ending lower in trade is another indication that traders haven’t taken any aggressive bets in the run-up to the policy. India VIX, often termed as the ‘fear gauge’, ended nearly 4% down at 14.1250 points
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Centre now largest Vodafone Idea shareholder as firm gives it 33.4% stake
Operational and management control of the company will remain with existing promoters15 hours ago — Business Standard -
OnePlus 11 with Snapdragon 8 Gen 2 SoC launched in India: Check price, specifications
The OnePlus 11 5G will go on sale in India through Amazon, OnePlus.in, OnePlus Store App, OnePlus Experience Store, and other retailers starting February 14, while pre-orders begin today.15 hours ago — Moneycontrol -
Hero MotoCorp Q3 results: Net profit rises 2.41% amid weak demand
Hero MotoCorp on Tuesday declared an interim dividend of Rs 65 per share for FY23. "The payment of interim dividend will be completed by March 9," it added15.5 hours ago — Business Standard- Hero MotoCorp Q3 net profit rises 3.6%, beats estimates on price hikes 15.5 hours ago — Business Standard
- Hero MotoCorp Q3 Results: PAT rises just 4% YoY to Rs 711 crore on muted sales 15.5 hours ago — Economic Times
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Additional Rs 1.45 lakh crore budget for FCI is indicative estimate; food subsidy 'adequate' for procurement: Govt
Food Corporation of India (FCI) is the Centre's nodal agency for procurement and distribution of foodgrains through the Public Distribution System (PDS).15.5 hours ago — Moneycontrol -
Can the US avert a recession? Experts think so
A recession in the United States may not be completely off the table, but the possibility is quickly diminishing in the eyes of experts. Goldman Sachs reduced the probability of a recession in the U.S. to 25 percent after a stronger-than-expected jobs report.15.5 hours ago — Moneycontrol -
Adani Green Energy Q3 results: Net profit more than doubles to Rs 103 crore
15.5 hours ago — Economic Times- Ambuja Cements Q4 Results: Profit rises 13% YoY to 369 cr on lower fuel costs 15.5 hours ago — Economic Times
- Bharti Airtel Q3 Results: Profit rises 92% YoY to Rs 1,588 cr; operational revenue up by 20% 15.5 hours ago — Economic Times
- Talbros Eng Standalone December 2022 Net Sales at Rs 108.51 crore, up 24.42% Y-o-Y 15.5 hours ago — Moneycontrol
- Adani Green Energy Q3 net profit more than doubles to Rs 103 crore 15.5 hours ago — Business Standard
- Adani Green Q3 Results: Profit more than doubles YoY to Rs 103 crore; revenue jumps 53% 15.5 hours ago — Economic Times
- Bharti Airtel Q3 Results: Profit Drops 25% Amid 5G Rollout 15.5 hours ago — Bloomberg Quint
- Adani Ports Q3 Results: PAT drops 16% YoY to Rs 1,315 cr; revenue up by 17% 15.5 hours ago — Economic Times
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Thermax net up 59% to Rs 126 crore in Q3
"Profit after tax (PAT or net profit) stood at Rs 126 crore, up 59 per cent as compared to Rs 79 crore in the corresponding quarter of FY 2021-22," a company statement said.15.5 hours ago — Moneycontrol- Bharti Airtel Q3 net profit jumps 91% to Rs 1,588 cr; ARPU rises to Rs 193 15.5 hours ago — Business Standard
- Bharti Airtel Q3 net profit surges 92% with per-user revenue at Rs 193 15.5 hours ago — Moneycontrol
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US stocks mostly lower ahead of Biden, Fed chair events
About 15 minutes into trading, the Dow Jones Industrial Average was down 0.4 percent to 33,771.99.15.5 hours ago — Moneycontrol- Dow, S&P 500 open lower ahead of Powell comments 15.5 hours ago — Economic Times
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Eligibility percentile for NEET-Super Speciality courses reduced from 50 to 20
Candidates who have scored 20 percentile and above in the NEET-Super Speciality (SS) will be eligible to participate in the "special mop-up round", they said.15.5 hours ago — Moneycontrol -
US trade gap widened to record in 2022 on imports surge
The annual shortfall in goods and services increased 12.2% to $948 billion, Commerce Department data showed Tuesday. The December gap widened to $67.4 billion from the prior month. The figures aren’t adjusted for prices.15.5 hours ago — Moneycontrol -
Air India's three domestic destinations to be operated by AirAsia India
AirAsia India, which currently operates 19 domestic destinations, became a fully owned subsidiary of Tata Group last November. The group has already announced its merger with Air India subsidiary Air India Express to create a low-cost airline.15.5 hours ago — Moneycontrol -
Sebi to put onus of detecting price rigging, insider trading on brokers
Asks brokers to maintain whistleblower policy, furnish action-taken report upon spotting fraud; top management to be held accountable for non-compliance15.5 hours ago — Business Standard -
BSE Q3 Results: Profit Drops 16%, Revenue Up 6%
The BSE board approved divestment of 2.5% stake of BSE in Central Depositary Services Ltd. towards meeting regulatory norms.15.5 hours ago — Bloomberg Quint- NDTV Q3 Results: Profit Rises 7.5%, Revenue Remains Flat 15.5 hours ago — Bloomberg Quint
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WeWork India opens new 96,000-sq ft co-working space in Pune
Developed by K Raheja Corp, WeWork has leased the entire building, Raheja Woods IT Tower, comprising five floors, with a seating capacity of 1,500.16 hours ago — Moneycontrol -
Trading Guide: ABB among 4 stock recommendations for Wednesday
16 hours ago — Economic Times -
U.S. FDA gives nod for Aurobindo Pharma’s Diclofenac Sodium Topical Solution
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Adani Group exposures not large to pose risks to banks: Fitch, Moody's
Domestic banks may become main source of funding for conglomerate if its access to int'l markets is curtailed16 hours ago — Business Standard- Rise in exposure to Adani Group may enhance Indian lenders risks: Moody's 16 hours ago — Business Standard
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ONGC decides to open up the Bengal Basin for targeted exploration
Discovers new well with 'substantial' volume of gas16 hours ago — Business Standard -
Air India's 3 Domestic Destinations To Be Operated By AirAsia India
Full service airline Air India on Tuesday said three of its domestic destinations will now be operated by the budget carrier AirAsia India as part of the route network rationalisation plan.16 hours ago — NDTV Business -
Cryptoverse: Are bitcoin, ether out of the woods? Consider the options
Volume of bitcoin options traded on Deribit, an exchange for crypto-focused derivatives products, jumped 82% in Jan versus Dec, as per crypto market maker OrBit Markets while Ether options swelled 38%16 hours ago — Business Standard -
BSE Q3 net profit drops 16%; revenue from operations up 6%
In comparison, the exchange had posted a net profit of Rs 61.3 crore in the year-ago period, BSE said in a statement.16 hours ago — Moneycontrol- ABFRL Q3 net profit declines 94.3% to Rs 11.21 crore 16 hours ago — Moneycontrol
- Adani Green Energy Q3 net profit more than doubles to Rs 103 crore 16 hours ago — Business Standard
- Bharti Airtel Q3 net profit jumps 91% to Rs 1,588 cr; ARPU rises to Rs 193 16 hours ago — Business Standard
- Power Mech Projects Q3 net profit rises over 54% to Rs 50 crore 16 hours ago — Moneycontrol
- APSEZ Q3 net profit declines 12.94% to Rs 1,336 crore, total expenses rise 16 hours ago — Business Standard
- Adani Ports SEZ's December Quarter Revenue Grows 18% 16 hours ago — NDTV Business
- Adani Ports Q3 Results: Profit falls 16% YoY to Rs 1,315 crore; revenue rises 17% 16 hours ago — Economic Times
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India rushes to long-term LNG deals to speed shift from coal
Petronet LNG Ltd., India’s biggest gas importer, wants to secure 12 million tons a year of additional supply under long-term contracts, Managing Director Akshay Kumar Singh said Tuesday in Bengaluru at India Energy Week.16.5 hours ago — Moneycontrol -
BSE to divest 2.5% stake in CDSL through OFS route
16.5 hours ago — Economic TimesAlong with the divestment decision, the board has also approved and released third quarter results of BSE. The company's consolidated net profit fell 15% to Rs 52 crore in the three months ended December period, compared with Rs 61 crore in the corresponding period of last year
- Adani Green Q3 Results: Profit more than doubles YoY to Rs 103 crore; revenue jumps 53% 16.5 hours ago — Economic Times
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Paytm's Vijay Shekhar Sharma says 323 people joined earnings call: ‘Highest in all calls’
Paytm's revenue surged 41 percent on-year in the October-December period to Rs 2,062 crore, aided by a rise in merchant subscriptions to payment devices and loan disbursals.16.5 hours ago — Moneycontrol -
Samsung aims to grow 5G revenue share to 75% in 2023
In value terms, 5G grew 78 per cent for the mobile industry in 2022, but Samsung said it grew over 100 per cent. The company, however, did not share the absolute revenue numbers.16.5 hours ago — Moneycontrol -
BSE Q3 Results: Net profit drops 16% to Rs 51.6 cr; revenue from operations up 6%
16.5 hours ago — Economic TimesOverall, BSE reported a sustained third quarter result amidst a difficult market environment. 2022 was a period of transition for the BSE, and as we embark on a new journey in the new Financial Year, I believe that a balanced business model will enable us to grow much higher," Sundararaman Ramamurthy, MD and CEO of BSE, said.
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Google To Launch ChatGPT Competitor 'Bard', Says Sundar Pichai
The conversational AI service will be assessed by a group of 'trusted testers' before being rolled out to the public, Pichai said.16.5 hours ago — Bloomberg Quint -
Electric Passenger Vehicles Retail Sales Decline 10.51% In January
The electric CV sales was recorded 23% lower at 131 units over 170 units in December last year, as per FADA data.16.5 hours ago — Bloomberg Quint -
F&O Manual: Deploy double debit spreads on Bank Nifty as volatility cools off
On Nifty, 17800 remains the most immediate hurdle for the index. Call writers were also active at 17,900 and 18,000 strikes. Some put writers were present at 17,700 strike as that still remains the biggest support to the index.16.5 hours ago — Moneycontrol -
Enforcement Directorate Attached Rs 859 Crore In Illegal Loan App Cases: MoS Finance
Assets amounting to Rs 289.28 crore have been seized under the Foreign Exchange Management Act, 1999.16.5 hours ago — Bloomberg Quint -
Ikea cuts prices on select articles by 16-39% in India
The price cuts have been done courtesy of improvements in the overall sourcing, design, product development, packaging and volumes, Ikea India's chief executive and chief sustainability officer Susanne Pulverer told PTI.16.5 hours ago — Moneycontrol -
Adani Total Gas says expansion and spending plans are intact
16.5 hours ago — Economic TimesThe joint venture between Adani and TotalEnergies SE has planned for almost 150 billion rupees ($1.8 billion) of capital spending over the next seven years to fund new growth, Manglani said. Already the company has the ability to distribute natural gas to about 14% of India’s population.
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Boeing to focus on local industry at Aero India 2023
The company’s exhibit will feature products like F/A-18 Super Hornet, P-8I, CH-47 Chinook, 737, 787 Dreamliner and 777X.16.5 hours ago — The Hindu Business -
LIVE: Budget 2023 Earmarked Rs 35,000 Crore For Energy | Oil Minister Puri On Budget, OMCs & More
Moneycontrol’s Rachita Prasad speaks to Oil & Gas Minister Hardeep Singh Puri at India Energy Week. In the Budget 2023, FM Nirmala Sitharaman announced Rs 35,000 crore allocation for the energy sector. Where will these funds be placed? What does the future look like for India’s energy sector? Watch this interview now, to know more.17 hours ago — Moneycontrol -
Chatbot Frenzy Drives Baidu’s Stock Rally To Extreme Levels
The heat is on Baidu Inc. to deliver after the hype surrounding its soon-to-come ChatGPT-style service supercharged a rally in its stock.17 hours ago — Bloomberg Quint -
Hero MotoCorp Q3 Results: Net profit rises 3.6% YoY to Rs 711.06 cr; beats estimates
17 hours ago — Economic TimesNiranjan Gupta, Chief Financial Officer (CFO), Hero MotoCorp, said “We have started recovering our market shares and expect this journey to continue backed by exciting launches lined up over next few quarters, especially in the premium segment. This, coupled with our renewed focus on savings programme should also help in improving our margin profile going forward
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Sensex, Nifty decline for 2nd day on selling in FMCG, steel stocks
Adani group stocks, which have been hammered following the Hindenburg Research report alleging stock manipulation and accounting fraud by the Gautam Adani-led group, ended their decline17 hours ago — The Hindu Business- Adani Ports continues to be under F&O ban for second day in a row 17 hours ago — Economic Times
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What is Long Term Repo Operations?
17 hours ago — Moneycontrol -
No unified global energy market, energy security no longer global: Rosneft head
Abandoning Russian gas has already cost Europe about €1 trillion, claimed Igor Sechin17 hours ago — The Hindu Business -
Up to 42% of new customers till date come at zero acquisition costs: Jupiter’s Jitendra Gupta
17 hours ago — Moneycontrol -
This multibagger stock approves 1:3 bonus issue, fixes record date
17 hours ago — Economic TimesA company issues bonus shares for their shareholders to increase the liquidity of the stock as well as with the aim to decrease its stock price to make it affordable for investors
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Corporate Tax Cut Led To Revenue Loss Of Rs 2.28 Lakh Crore In FY20, FY21
The concessional tax regime was introduced in the 2020 Budget to do away with exemptions or deductions in corporate tax.17 hours ago — Bloomberg Quint -
Will money market funds’ party end soon?
17 hours ago — Moneycontrol -
Property prices increase by around 7 percent across top 8 cities: Report
Gurugram witnesses 13 percent price appreciation, followed by Bengaluru at 9 percent and Pune at 8 percent17 hours ago — Moneycontrol -
Jefferies reduces Nykaa's target price. 8 reasons why
17 hours ago — Economic TimesThe company's stock came under heavy selling pressure in November last year, when the lock-in period for pre-IPO investors ended. Nykaa sought to limit the damage by announcing a bonus issue, but the move failed to persuade investors to stay put. The shares have lost over 50% in the last one year period
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Energy transition has to ensure surviving present: Puri
‘Transition has to be affordable and sustainable particularly for vulnerable sections’17 hours ago — The Hindu Business -
Looking back at the 1999 Turkey earthquake that killed over 17,000
The earthquake resulted in the death of approximately 17,000 people, with tens of thousands more injured and made homeless.17 hours ago — Moneycontrol -
Artificial Intelligence to be a game changer in govt audit space: CAG
The potential benefits of applying AI techniques to the audit processes are substantial/ and have already been identified through several use cases, he said in his closing remarks at the SCO SAI Leaders meeting here.17 hours ago — Moneycontrol -
Zomato Founder's Tweet After Paytm's Surprise Operating Profit
Paytm' stock rose as much as 7.4% yesterday, its biggest intraday jump in two months after the firm posted its first-ever quarterly operating profit as a listed firm.17 hours ago — NDTV Business -
Uniper, Greenko sign pact for green ammonia offtake from Andhra Pradesh plant
The key differentiator that sets this project apart is the integration of pumped storage plant to balance out the intermittent and seasonality of renewable production and achieve a high annual plant load factor17 hours ago — Moneycontrol -
ONGC to start oil production from D5 block in May, gas in 2024 albeit at lower rate than estimates
ONGC was originally to start gas production from the Cluster-II fields in block KG-DWN-98/2 (KG-D5) in June 2019 and the first oil was to flow in March 2020.17 hours ago — Moneycontrol -
Artificial Intelligence To Be Game Changer In Audit Space: Government Auditor
Artificial Intelligence (AI) is going to be a game changer in the public audit space as it will help in quicker and more detailed analysis during both planning and execution stages, Comptroller and Auditor General of India (CAG) G C Murmu said on Tuesday.17 hours ago — NDTV Business -
Sell-off fizzles ahead of Powell and Biden speeches
17 hours ago — Economic TimesAn ECB survey on Tuesday showed euro zone inflation expectations were still edging up at the end of last year, while Fed Minneapolis President Neel Kashkari was out saying he still thought U.S. rates should rise to at least 5.4% from their current 4.5%-4.75% range
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IBC: From 553 cases resolved till September, financial creditors realised 33% of value, says government
The government said the National Asset Reconstruction Company Limited has acquired one loan so far of Rs. 3,570 crore.17 hours ago — Moneycontrol -
SoftBank Loses Another $5.9 Billion As Son Skips Earnings Call
SoftBank Group Corp.’s startup investment unit reported another quarterly loss, hurt by sluggish valuations throughout the technology landscape.17 hours ago — Bloomberg Quint- Japan's SoftBank Group logs $5.9 bn loss as tech investments tumble 17 hours ago — Business Standard
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Medicine sales by dealers to retailers stood at Rs 1.40 lakh crore in April-December: Mansukh Mandaviya
In a written reply to a query, Union Minister of Chemicals and Fertilisers Mansukh Mandaviya laid a statement on the table of the Upper House stating no separate data is, however, maintained regarding consumption of generic medicines in the country.17.5 hours ago — Moneycontrol -
RBI has asked MeitY to ensure only regulated digital lenders on app stores: FinMin
The MeitY has shared the RBI's list with app stores and requested them to ensure that only the apps figuring in the list are hosted on their app stores, the finance ministry said17.5 hours ago — Moneycontrol -
Banks’ Adani exposures not large enough to pose a risk: Moody’s
17.5 hours ago — Economic Times"Banks' exposures to Adani are not large enough to affect their credit quality materially. We estimate that their exposures to Adani are not more than 1% of their total loans," Moody's said in a report, which estimated that the exposures of public sector banks are larger than for private sector banks.
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FPIs Stay Net Sellers For The Fourth Straight Day
Foreign portfolio investors offloaded equities worth Rs 2,560 crore, according to data from NSE.17.5 hours ago — Bloomberg Quint -
Budget and green growth: significant focus on government investment
‘But attracting private investments and market-based resource mobilisation may hold the key to the future’18 hours ago — The Hindu Business -
When India were done in by spin in their own backyard
In the run-up to the Test series, the Aussies practiced against Indian spin specialists at the camp in Alur on the outskirts of Bangalore.In the run-up to the Test series, the Aussies practiced against Indian spin specialists at the camp in Alur on the outskirts of Bangalore.In the run-up to the Test series, the Aussies practiced against Indian spin specialists at the camp in Alur on the outskirts of Bangalore.18 hours ago — Moneycontrol -
Goldman Sachs raises $5.2 billion for inaugural growth equity investment fund
18 hours ago — Economic TimesThe fund which has raised $5.2 billion is Goldman Sachs’ inaugural direct private markets fund dedicated to investing in high-growth businesses with strong market positioning, high growth rates and durable business models, the release said
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Regulations strictly followed while making investments: LIC tells govt amid concerns over exposure to Adani Group cos
Concerns have also been raised in certain quarters about LIC’s investments in Adani Group companies18 hours ago — The Hindu Business- Regulations strictly followed while making investments: LIC tells govt amid concerns over exposure to Adani grp cos 18 hours ago — Economic Times
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Life Insurers' January Revenue Rises Over Last Year; Private Firms Outpace LIC
The growth came despite a 9% fall in the total number of policies sold.18 hours ago — Bloomberg Quint -
'Magic happened after 2014': Rahul Gandhi questions surge in Adani's fortunes under PM Modi
The Congress leader's remarks drew a sharp response from the treasury benches, with Law Minister Kiren Rijiju asking him not to level "wild allegations" and furnish proof of his claims.18 hours ago — Moneycontrol -
Rs 859 Crore Of Illegal Loan App Operators Seized: Union Minister
The Directorate of Enforcement has attached proceeds of crime worth Rs 859.15 crore generated by accused persons/entities through illegal loan apps, Minister of State for Finance Bhagwat Karad said on Tuesday.18 hours ago — NDTV Business -
Adani Enterprises Closes 14.8% Higher, Most Group Stocks End With Gains
Adani Group stocks recouped some of the losses suffered over the past 10 days.18.5 hours ago — Bloomberg Quint- Adani Green Q3 Results: Profit Jumps On Higher Other Income, Sales 18.5 hours ago — Bloomberg Quint
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Kalyan Jewellers India Q3 consolidated PAT rises 10% to Rs 148.43 crore
Kalyan Jewellers India on Tuesday reported a 10.34 per cent growth in consolidated profit after tax (PAT) during the quarter ending December 31, 2022, at Rs 148.43 crore18.5 hours ago — Business Standard- Bharti Airtel Q3 net profit jumps 91% to Rs 1,588 cr; ARPU rises to Rs 193 18.5 hours ago — Business Standard
- Kalyan Jewellers Q3 Results: Net profit rises 10% YoY to Rs 148 crore 18.5 hours ago — Economic Times
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Budget to help in reducing capital cost for Indian companies: Niti member
Niti Aayog member Arvind Virmani further said the large increase in capital expenditures by 33 per cent to Rs 10 lakh crore for infrastructure development will accelerate India's economic growth18.5 hours ago — Business Standard- Budget to help in reducing capital cost for Indian companies: Niti Aayog member Arvind Virmani 18.5 hours ago — Moneycontrol
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Rupee in narrow range, premiums fall; Powell, RBI eyed
18.5 hours ago — Economic TimesWe would have to say that the proceedings for the day were along expected lines, with the 82.80 level proving a hindrance for dollar bulls, a trader at a Mumbai-based bank said
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Gold jumps Rs 128; Silver declines Rs 38
18.5 hours ago — Economic TimesGold prices should consolidate in range for the day as investors eyeing Federal Reserve Chair Jerome Powell's speech later in the day to gauge the US central bank's monetary policy path after latest stronger non-farm payrolls data," Gandhi said.
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India Energy Firms See Growth Prospect In Africa And Middle East
ReNew Energy Global Plc and Engineers India Ltd. are among India companies advancing energy projects in Africa and the Middle East amid rising demand in those regions.19 hours ago — Bloomberg Quint -
Tech-led startups mushroom across realty sub-segments in post-pandemic era
Number of proptech enterprises have grown at CAGR of 200% to over 1,400 in 2022, from just two in 2016, shows Anarock study19 hours ago — Business Standard -
Technical View | Traders cautious ahead of MPC interest rate decision; 17,800 crucial for upside
The Nifty50 has been rangebound for the fourth straight session. If the index decisively surpasses 17,800 then 18,000 can be the next possible resistance for the Nifty, with crucial support area of 17,600-17,550 levels, say experts19 hours ago — Moneycontrol -
Baby born under earthquake rubble in Syria rescued by locals. Her parents didn't survive
Syria earthquake: The parents of the baby both died in the catastrophic earthquake that also hit Turkey on Monday.19 hours ago — Moneycontrol -
Lawyer moves SC to gag media from carrying reports on Adani firms unless filed with & verified by SEBI
The interim application for restraining the media was filed on Monday by lawyer ML Sharma as part of his PIL, filed on February 3, which is yet to be listed before a bench for a hearing.19 hours ago — Moneycontrol -
The Rothschilds are so done with the markets
The family is taking its storied boutique bank private. Minority shareholders are on the spot19 hours ago — Moneycontrol -
Citi’s Apabhai Says Prepare For The Risk Fed Rates Hit 6%
The Hong Kong-based strategist said one risk the market hasn’t priced in yet is US interest rates at 6%.19 hours ago — Bloomberg Quint -
Govt opposes Vedanta's proposal to sell international assets to Hindustan Zinc
19 hours ago — Economic Times -
PC Jeweller says 3 banks issued loan recall notices to company
The legal proceedings with the State Bank of India is underway, PC Jeweller noted.19 hours ago — Moneycontrol -
Bharti Airtel Q3 net profit up 91.5% on-yr to Rs 1,588 cr
19 hours ago — Economic TimesBharti Airtel Q3 Profit: A combination of an improved subscriber mix, a rising proportion of data users and higher data usage also boosted India’s second largest telco’s average revenue per user (ARPU), a key performance parameter, by 18.4% on-quarter to Rs 193
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Earthquake deaths pass 5,000 as Turkiye, Syria seek survivors
Countries around the world dispatched teams to assist in the rescue efforts, and Turkiye's disaster management agency said more than 24,400 emergency personnel were now on the ground.19 hours ago — Moneycontrol- Quake deaths pass 5,000 as rescuers in Turkey, Syria seek survivors 19 hours ago — Business Standard
- Latest LIVE: Quake deaths pass 5,000 as Turkey, Syria seek survivors 19 hours ago — Business Standard
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Realme GT Neo 5 key specifications confirmed ahead of February 9 launch
The Realme GT Neo 5 5G will feature a Snapdragon 8+ Gen 1 SoC, up to 240W Charging, and a 1.5K 144Hz AMOLED display.19 hours ago — Moneycontrol -
Demat additions in Jan hit six-month high to take total past 110 mn
Nearly 2.2 mn new accounts added despite turbulence in the market19 hours ago — Business Standard -
Nothing Phone (2) launch to take place globally during Q3 2023: Report
The report notes that the upcoming Nothing Phone will offer a flagship or flagship killer grade experience.19.5 hours ago — Moneycontrol -
Budget 2023: PAN as unique identifier to boost single window utility, says govt official
Finance Minister Nirmala Sitharaman proposed in Budget 2023 that PAN will be used as the common identifier for all digital systems of specified government agencies.19.5 hours ago — Moneycontrol -
Add ITC on further dips; expect consolidation in defence stocks: Gurmeet Chadha
19.5 hours ago — Economic Times“Looking at the order book can be misleading in defence stocks because one needs to see the milestone payments, how the execution happens, how the commodity prices behave. We are looking more at Solar and HAL in this particular space. In Solar, for example, the defence is still sub-10%, it is more industrial chemicals and that book is nicely shaping up.”
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General insurer Go Digit's IPO plan delayed, Sebi returns issue papers
Firm will have to refile for public issue19.5 hours ago — Business Standard -
Here's What Happened In The Stock Market On Feb. 7
The BSE Sensex closed 221 points, or 0.37%, down at 60,286.04, while the Nifty 50 ended 43 points, or 0.24%, lower at 17,721.50.19.5 hours ago — Bloomberg Quint- Sensex, Nifty End Lower Amid Volatility: Market Wrap 19.5 hours ago — Bloomberg Quint
- Sensex, Nifty Close Lower For Second Straight Day 19.5 hours ago — NDTV Business
- Sensex, Nifty Fall; Adani Group Stocks Up: Midday Market Wrap 19.5 hours ago — Bloomberg Quint
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Adani Green's December Quarter Profit More Than Doubles On Strong Demand
Adani Green's consolidated profit rose to 1.03 billion rupees ($12.45 million) in the October-December quarter, from 490 million rupees a year ago.19.5 hours ago — NDTV Business- Bharti Airtel's Q3 Revenue Beats Estimates 19.5 hours ago — NDTV Business
- Japan's SoftBank Group logs $5.9 bn loss as tech investments tumble 19.5 hours ago — Business Standard
- Ramco Cements Q3 Results: Profit falls 18% as expenses surge 19.5 hours ago — Economic Times
- Adani Ports SEZ's December Quarter Revenue Grows 18% 19.5 hours ago — NDTV Business
- Adani Ports Q3 Results: Profit Drops On Forex Losses, Misses Estimates 19.5 hours ago — Bloomberg Quint
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Over 75% Indian workplaces lack basic facilities for PwD: Randstad survey
The findings of a report released by Randstad India reveal that there is a gap between the policies for PwD and their implementation19.5 hours ago — Business Standard -
Ambuja Cements' December Quarter Profit Rises On Higher Demand
The management of Adani group entities is considering appointing independent firms to "look into the issues and compliance of applicable laws and regulations, related party transactions, internal controls etc," Ambuja said.20 hours ago — NDTV Business -
Air India is taking steps to integrate networks. Here’s what that means
The Air India group will have an exciting time beginning the second half of 2023. From inducting new planes to completing one merger and moving on to another, refurbishing existing planes to expanding the network, the Tatas’ aviation arm will have a lot on its plate.20 hours ago — Moneycontrol -
LIVE: Turkish Ambassador Fırat Sunel Addresses Press Conference On Turkey Earthquake
Turkish Ambassador Fırat Sunel Addresses Media. Watch Live.20 hours ago — Moneycontrol -
Ambuja Cements Q4 earnings beat expectations, profit rises 46% to Rs 369 crore
The standalone revenue from operations for the quarter at Rs 4,128.52 crore grew by 10.4 percent over the year-ago period, The company recorded a 7 percent YoY rise in sales volumes at 7.7 million tonnes for the quarter, which was also ahead of analysts' estimates that pegged at 7.45 million tonnes20 hours ago — Moneycontrol- Kalyan Jewellers Q3 Results: Net profit rises 10% YoY to Rs 148 crore 20 hours ago — Economic Times
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SC panel seeks withdrawal of guidelines allowing tiger safaris, zoos in wildlife habitats
In its report submitted to the apex court last month, the Central Empowered Committee (CEC) also said that approvals given for setting up zoos and safaris within tiger reserves and protected areas should be withdrawn forthwith.20 hours ago — Moneycontrol -
Maharashtra: Balasaheb Thorat resigns as Congress legislature party chief; not aware, says Patole
Patole, however, said he was not aware of any such move by Thorat and claimed that his predecessor doesn't speak with us, while the BJP said its doors are open if the Congress leader wishes to switch sides.20 hours ago — Moneycontrol -
Ambuja Cements Q4 results: PAT rises 13% YoY to Rs 488 crore
20 hours ago — Economic TimesThe company's EBITDA (earnings before interest, tax, depreciation and amortisation) fell 6% year-on-year (YoY) to Rs 1,138 crore during the quarter under review. Meanwhile, EBITDA margins too shrunk to 14.6%, compared with 16.2% a year ago
- Adani Ports Q3 Results: Profit falls 16% YoY to Rs 1,315 crore; revenue rises 17% 20 hours ago — Economic Times
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Taking stock: Sensex slides for second straight day; Nifty closes below 17,750
Auto and FMCG sectors, which saw profit booking by traders, were the biggest drags on the indices20 hours ago — Moneycontrol -
This midcap stock gets shareholders’ nod for proposed stock split
20 hours ago — Economic TimesIRB Infrastructure Developers is India’s first multinational infrastructure player in the highways segment. As the integrated private toll roads and highways infrastructure developer in India, IRB has an asset base of over Rs 60,000 crore in 10 states across the parent company and two InvITs
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Ambuja Cements Q4 Results: Margin Expands, Profit Beats Estimates
During the third quarter, the cement sector saw higher production and capacity utilisation on rise in demand, CEO Ajay Kapur said.20 hours ago — Bloomberg Quint -
New age cos learnt profitability key to market success the hard way: Siddharth Khemka
20 hours ago — Economic Times“Overall there is a good trend for Paytm at least for now. Some of the other new-age companies will definitely have to wait and watch their margin trajectory, the profitability trajectory and once that is out, the market will react. But for now, definitely it is a good quarter from Paytm.”
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Sensex, Nifty Close Lower
Stock indices closed on a lower note.20 hours ago — NDTV Business -
Adani Ports aims to repay Rs 5,000 crore in debt by the end of 2023-24: Karan Adani
Adani Ports will also be looking to invest Rs 4,000-4,500 crore as capital expenditure in 2023-24, whole-time director and Chief Executive Officer Karan Adani said20 hours ago — Moneycontrol -
Bajar Gupshup LIVE: Nifty ends above 17,700, Sensex slips 200 points
Catch all about today's highs and lows in the stock market, LIVE on Moneycontrol!20.5 hours ago — Moneycontrol- Latest LIVE: Quake deaths pass 5,000 as Turkey, Syria seek survivors 20.5 hours ago — Business Standard
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Indian banks face limited risk, says Fitch on Adani controversy
20.5 hours ago — Economic TimesIt said even under a hypothetical scenario, where the wider Adani Group enters distress, exposure for Indian banks should, in itself, be manageable without adverse consequences on the banks’ viability ratings.
- Indian Banks Face Limited Risk From Adani Group Row: Fitch 20.5 hours ago — Bloomberg Quint
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It starts with a dream: How JEE aspirants overcome hurdles to stay on course
The Joint Entrance Exam for admission to undergraduate engineering courses is conducted in January and April. Over 900,000 candidates appeared for the exam held in the first session this year. While only a few thousand get it, it doesn’t stop aspirants from pursuing their dreams.20.5 hours ago — Moneycontrol -
Seven Adani stocks faced regulatory surveillance since 2019 for price rise and fall, other issues: Market data
20.5 hours ago — Economic TimesThe capital markets watchdog, the Securities and Exchange Board of India (Sebi), has also been facing criticism from some opposition leaders that it has not intervened in the matter
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Banks' Exposure To Adani Group "Insufficient" To Pose Credit Risk: Fitch
Investors have been worried about various banks' exposure to the group ever since late January when U.S.-based short-seller Hindenburg Research alleged improper use of offshore tax havens and stock manipulation by the conglomerate.20.5 hours ago — NDTV Business -
Sensex drops 221 pts day ahead of RBI decision; Adani Ent up 15%, Paytm 5%
CLOSING BELL: Adani Enterprises (up 15 per cent), Dr Reddy's Labs, Adani Ports, Kotak Bank, IndusInd Bank, Bajaj Finance, Bajaj Auto, ONGC, JSW Steel, and Eicher Motors led the recovery20.5 hours ago — Business Standard -
Music is a red-hot asset class in a new thematic ETF filing
20.5 hours ago — Economic TimesThe timing of a potential launch comes with challenges. Spotify Technology SA unveiled plans in January to cut about 6% of its workforce, or around 600 employees, due to diminished advertising revenue and a shaky economic outlook. Walt Disney Co., meantime, announced targeted hiring freezes and job cuts in November.
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Motherson Sumi Wiring Q3 Results: Firm misses profit view on higher costs
21 hours ago — Economic TimesThe company, in which Japan's Sumitomo Wiring Systems holds a 25% stake, makes wiring harnesses and other electrical wires that are used in various cars and automotives, as well as in other industrial applications
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RBI Open To 14-Day Repo As Liquidity Starts Drying Up — BQ Exclusive
The RBI is prepared to provide committed liquidity support through term repo windows when liquidity is tight.21 hours ago — Bloomberg Quint -
Balaji Amines slips 6%, hits 52-week low on disappointing Q3 results
The company said the fall in operating margin was primarily on account of de-growth in pharma and API sector21 hours ago — Business Standard -
Why would FIIs put money in EMs? Ritesh Jain makes a case
21 hours ago — Economic Times“If the supply of bonds continues to go up in the Western world, then the case for investing in Western world fixed income at the current levels does not make sense. Maybe at some point of time, if you tell me no US tenure is going to 5% and inflation will stabilise at around 3% to 4%, then I would certainly agree that more and more money can stay in western world.”
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Go-Digit to refile IPO papers after Sebi returns prospectus over employee stock plans
21 hours ago — Economic TimesSuch rights allow an employee to receive a bonus equivalent to the rise in the company's stock price over a certain period - something Indian regulations prohibit for companies going public.
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Coal import cannot be zero, its blending with domestic dry fuel helped plants maintain stock: Power Minister
R K Singh stated that with the rise in electricity demand, the increase in supply of coal to power plants is not commensurate with the domestic coal requirement.21 hours ago — Moneycontrol -
Sebi returns Go Digit General Insurance IPO papers; Company to refile documents in due course
The company had filed the draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (Sebi) in August 2022 to raise funds through an initial public offering (IPO).21 hours ago — Moneycontrol -
WhatsApp Status gets voice messages, private audience option and visual link previews
The new WhatsApp status features will be available to all users in the coming weeks, the company said.21 hours ago — Moneycontrol -
Motilal Oswal arm announced to invests Rs 400 crore in Pan Heathcare
A Motilal Oswal arm on Tuesday announced a Rs 400 crore investment in Rajkot-based hygiene products maker Pan Healthcare for a minority stake.21 hours ago — Business Standard -
K Satyanarayana Raju appointed as new MD & CEO of Canara Bank
He will be replacing L V Prabhakar who demitted office on December 31, 2022.21.5 hours ago — Moneycontrol -
Aditya Birla Fashion Q3 Results: Profit Slumps 94% On Higher Expenses
Aditya Birla Fashion's Q3 revenue rose 20% to Rs 3,589 crore, compared to an estimate of Rs 3,320.34 crore.21.5 hours ago — Bloomberg Quint- Adani Ports Q3 Results: Profit Drops On Forex Losses, Misses Estimates 21.5 hours ago — Bloomberg Quint
- Adani Ports Q3 Results: Profit falls 16% YoY to Rs 1,315 crore; revenue rises 17% 21.5 hours ago — Economic Times
- Adani Ports Q3: Net profit slumps 16% to Rs 1,316 cr; misses estimates 21.5 hours ago — Moneycontrol
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LIC Housing Finance falls 4% after provisions dent earnings performance
The impairment cost on financial instruments (expected credit loss) for the quarter increased sharply by 114.5 percent to Rs 763 crore compared to year-ago period.21.5 hours ago — Moneycontrol -
BP profit soars to record $28 billion, dividend increased
21.5 hours ago — Economic TimesWe are strengthening BP, with our strongest upstream plant reliability on record and our lowest production costs in 16 years, helping to generate strong returns and reducing debt for the eleventh quarter in a row," Chief Executive Bernard Looney said in a statement
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No proposal at present to increase amount under PM-KISAN: Govt
The PM-KISAN was launched in February 2019 but implemented with effect from December 2018.21.5 hours ago — Moneycontrol -
Virat Kohli tweets about being sad after losing new phone. Zomato responds
"Nothing beats the sad feeling of losing your new phone without even unboxing it," Virat Kohli wrote.21.5 hours ago — Moneycontrol -
Battery power storage needs a revolution to push India's green mission: Amitabh Kant
As India scales up its renewable energy capacity, battery storage systems are gaining importance as a solution to reduce the intermittency of renewable energy projects to provide continuous power.21.5 hours ago — Moneycontrol -
Death toll from Turkey, Syria earthquake rises above 5,000
At least 3,419 people have died in Turkey and 1,602 in government- and rebel-controlled parts of Syria, bringing the total to at least 5,021, officials and medical sources said.21.5 hours ago — Moneycontrol -
Budget boost for infra: Decoding the impact of sector-specific announcements
21.5 hours ago — Economic TimesNirmala Sitharaman's announcements bode well for infrastructure as a whole, here's a look at how to read the impact. >> For more such web stories click on the ET icon below
- Budgetboostforinfra: Decoding theimpactofsector-specificannouncements 21.5 hours ago — Economic Times
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No Proposal To Increase Amount Under PM-KISAN: Centre
As of January 30 this year, more than Rs 2.24 lakh crore have been disbursed to eligible farmers through various instalments as income support, Agriculture Minister Narendra Singh Tomar said.21.5 hours ago — NDTV Business -
Give Sebi time to understand what happened: FM Nirmala Sitharaman on Adani row
21.5 hours ago — Economic Times"I will not buy for a moment anyone saying Indian governance or the regulatory mechanisms are not good enough. In fact, in very many areas, we seem to be leading the way in terms of good governance," Sitharaman said, adding that Indian regulators are well-seized of what they have to do and they will do the needful where and when necessary
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6 high-performing smallcap stocks soar up to 190% in a year
ETMarkets.com analysis showed good financial performance by 33 smallcap companies, with sales and profit growth of over 10% YoY in the last four quarters.21.5 hours ago — Economic Times -
Google engineer creates Gita GPT, AI chatbot inspired by Bhagavad Gita
Gita GPT allows users to “consult the Gita” for everyday problems. Here's a look at similar AI tools inspired by the Bhagavad Gita.22 hours ago — Moneycontrol -
No Major Reform On PSU Bank Governance On Anvil, Past Changes Have Paid Off: Finance Secretary
TV Somanathan says past reforms actually worked and he is not aware of any major upcoming reforms on PSB governance.22 hours ago — Bloomberg Quint -
Tata Steel MD explains why he expects Q4 to be better than Q3, doesn’t rule out exiting UK
22 hours ago — Economic Times“We see the fourth quarter getting better than the third quarter for a couple of reasons. One, if you look at the third quarter numbers, while coking coal cost came down by about $90 a tonne and iron ore prices came down by about $20, our costs are showing a 31 pounds per tonne increase largely because we have taken some NRV losses on some of the stocks that we had.”
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Moneycontrol Pro Panorama | Global diversification and its side effects
In today’s edition of Moneycontrol Pro Panorama: IT slowdown likely to get tougher, a glimmer of hope for rural jobs, central bankers rush to buy gold, the mystery of the Chinese balloon, and more22 hours ago — Moneycontrol -
Frantic searching in Turkey, Syria after massive earthquake kills 4,983
Rescuers in Turkey and war-ravaged Syria searched through the frigid night into Tuesday, hoping to pull more survivors from the rubble after a 7.8 magnitude earthquake killed more than 3,400 people and toppled thousands of buildings across a wide ...22 hours ago — Business Standard- Frantic searching in Turkey, Syria after massive earthquake kills 4,600 22 hours ago — Business Standard
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Vodafone Idea Lifeline Delays Imminent Telecom Duopoly In India
The government’s Rs 16,000-crore lifeline to Vodafone Idea is seen as a nudge to promoters to come up with a fundraising plan.22 hours ago — Bloomberg Quint -
Nintendo promises 10% pay hike even as it trims profit outlook
The hefty pay hike comes amid calls by Prime Minister Fumio Kishida for Japanese companies to pay workers more as inflation takes hold in an economy used to years of deflation and stagnant wages, and as Japan prepares for its annual spring round of labour negotiations.22 hours ago — Moneycontrol -
Adani Ports eyes Rs 15,000 cr Ebitda in FY23, will prepay Rs 5,000 cr debt
Prepayment to significantly improve net debt-to-Ebitda ratio, bring it closer to 2.5x by March, says company22 hours ago — Business Standard -
Budget 2023 I Adani episode will not have a significant impact on India: Rajeev Mantri
Rajeev Mantri, founder and MD of Navam Capital says India’s entrepreneurial energy is India’s strength and that the allegations against the Adani Group are overstated.22 hours ago — Moneycontrol -
World still needs hydrocarbons: COP28 president designate Sultan al Jaber
In first international trip since controversial appointment, Jaber assures support for India's energy plan22 hours ago — Business Standard -
Supreme Court refuses to grant relief to Rapido against Maharashtra ban
The court observed that the motor vehicles act makes it clear that aggregators cannot operate without a license22 hours ago — Moneycontrol -
At least 1,602 killed in Syria so far following deadly earthquakes
A magnitude 7.8 quake hit Turkey and neighbouring Syria early on Monday, toppling thousands of buildings including many apartment blocks, wrecking hospitals, and leaving thousands of people injured or homeless.22 hours ago — Moneycontrol -
SME IPO: Shera Energy issue opens today; check GMP and other details
22.5 hours ago — Economic TimesShera Energy achieved good growth in its topline and bottomline in the past 18 months. The company’s PAT increased from Rs 5.03 crore in FY21 to Rs 7 crore in FY22. In FY 2023, as of September 30, 2022, the company earned a net profit of Rs 4.28 crore on a turnover of Rs 339.54 crore
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Budget 2023: Marginal hike in healthcare allocation, key schemes see cuts
Budget 2023-24 cuts down expenditure on health schemes, increases allocation for the sector to Rs 89,155 cr, bets on AI22.5 hours ago — Moneycontrol -
RBI meeting outcome tomorrow: Will it be a pause or 25 bps rate hike?
22.5 hours ago — Economic TimesWhile market participants remain slightly divided between a pause and a 25 bps hike in the upcoming policy, there seems a clear consensus that the monetary policy will signal an end of the rate hiking cycle. However, we remain cautious on the possibility of dovish forward guidance just yet
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Aurobindo Pharma shares gain 0.46% as Sensex falls
22.5 hours ago — Economic TimesOn the technical charts, the RSI of the stock stood at 40.59.
- Zee Ent. shares drop 1.27% as Sensex falls 22.5 hours ago — Economic Times
- ICICI Pru Life shares drop 1.3% as Sensex falls 22.5 hours ago — Economic Times
- Apollo Hospital shares up 0.5% as Nifty falls 22.5 hours ago — Economic Times
- Bharat Forge shares drop 1.23% as Sensex falls 22.5 hours ago — Economic Times
- Pidilite Ind shares drop 0.67% as Sensex falls 22.5 hours ago — Economic Times
- Tata Power shares drop 1.03% as Sensex falls 22.5 hours ago — Economic Times
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SC dismisses plea of journalist Rana Ayyub challenging summons by Ghaziabad court in money laundering case
Justice V Ramasubramanian, who pronounced the verdict on behalf of the bench referred to section 3 of the Prevention of Money Laundering Act (PMLA) and said Navi Mumbai, where the account is, is said to be the place where the proceeds of crime have reached.22.5 hours ago — Moneycontrol -
Rates are up! Should investors tweak asset allocation?
22.5 hours ago — Economic TimesThe current interest rates were appealing. Based on the plans that he had made a few years ago, it appeared that the income at current interest rates on his savings would enable him to meet his monthly income needs or maybe leave a little surplus.
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10-member panel set up to draft Digital Competition Act within 3 months
Panel comprising civil servants, experts will study if Competition Act, 2002 enough to deal with new digital economy22.5 hours ago — Business Standard -
Apollo Tyres reports strong Q3 numbers, keeps brokerages upbeat on the stock
Strong operating performance with margin recovery on track, says JM financial.22.5 hours ago — Moneycontrol -
How Firms Can Fare Better On Cybersecurity
Developing a common framework for standards could reduce the cost of adopting protection against cyber threats.22.5 hours ago — Bloomberg Quint -
Tata Steel Shares Fall Even As Analysts Stay Positive Despite Surprise Loss
Tata Steel reported a consolidated net loss in Q3 on higher material costs and a deferred tax expense.22.5 hours ago — Bloomberg Quint -
Crypto Price Today: Bitcoin near $23K; Litecoin, Polygon up over 3%
23 hours ago — Economic TimesThe global cryptocurrency m-cap was trading around $1.07 trillion, rising 0.8% in the last 24 hours.
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Paytm shares rally up to 20%; key reasons decoded behind the stock's uptick
23 hours ago — Economic Times- SRF shares down 0.87% as Nifty drops 23 hours ago — Economic Times
- Pidilite Ind shares drop 0.67% as Sensex falls 23 hours ago — Economic Times
- BEL shares up 0.11% as Nifty drops 23 hours ago — Economic Times
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ITC stock down 4%. Will govt stake sale overhang diffuse the flame?
23 hours ago — Economic TimesITC shares were a star performer in 2022, having gained more than 52% as the outlook for all the business segments improved significantly, and the management also provided clarity on capital allocation towards businesses.
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India Plans Rush Of Long-Term LNG Deals To Speed Shift From Coal
India is looking to sign many more long-term deals to buy liquefied natural gas to help power its economic growth.23 hours ago — Bloomberg Quint -
The World Is About to Have More Sugar Than It Needs. So Why Have Prices Surged?
The world should end this season with its first sugar surplus in four years, but you wouldn’t know it from how prices have surged.23 hours ago — Bloomberg Quint -
Chart Check: Down 20% from highs, near-term trend for this chemical stock looks weak. Time to sell?
23 hours ago — Economic TimesThe Nifty50 is trading in a broader range of 17,900 to 17,300 levels. But, in the range bound market, some indices like the auto and IT sector are outperforming and energy and chemical sectors are underperforming.
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Kotak initiates buy rating on RateGain. Check target price
According to a Kotak Report to investors, the company is expected to experience growth from the rebound in the travel industry and strengthened connections with hospitality clients following the end of the Covid-19 pandemic.23 hours ago — Moneycontrol -
D2C firm Mensa Brands raises Rs 300 crore debt from TradeCred
The funds will be used for new brand acquisitions as well as brand growth, including product development, supply chain integration, and working capital investment, the company said in a statement.23 hours ago — Moneycontrol -
Grand comeback! Adani Enterprises stock nearly doubles in 3 days
23 hours ago — Economic TimesThe Nifty stock had crashed 35% in Friday's selloff to hit the lower circuit at Rs 1,017, which is also the 52-week low. As investor confidence returned amid buying at lower levels and positive newsflow, shares of Adani Enterprises rallied up to 25% on Tuesday to the day's high of Rs 1,965.50.
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Sandwiches and Fruit Cups Sold on Amtrak Are Recalled Over Listeria Risk
The company, Fresh Ideation Food Group, recalled breakfast sandwiches, muffins, yogurt, fresh produce and other items sold from Jan. 24-30 “because the products have the potential to be contaminated” with listeria bacteria, the FDA said Friday.23 hours ago — Moneycontrol -
Where is Mark Mobius investing in this market? Read on
23 hours ago — Economic TimesMark Mobius in an interview with ET NOW shared that he doesn't have any exposure to Adani group stocks while sharing his outlook on dollar, market and his top sectoral bets. >> For more such web stories click on the ET icon below
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Exports hit, but cashew industry gets support from domestic market
Rising cashew consumption in the country, following the heightened health awareness after COVID-19, is helping the industry to make up for the dwindling exports.23 hours ago — Moneycontrol -
Udupi zilla panchayat makes plastic compulsory in road construction
Officials based their decision on the outcome of a pilot project in which plastic was used on a 300-metre road in Alevoor and a 120-metre stretch in Maravanthe that were laid three years ago23 hours ago — The Hindu Business -
Motilal Oswal arm invests Rs 400 crore in Pan Healthcare
The company established in 2016, which manufactures diapers and sanitary napkins, will use the funds for brand building and ramping up distribution, its promoter Chirag Pan said in a statement.23 hours ago — Moneycontrol -
Easy Trip Q3 FY23 — Well placed to make the most of the good times
Earnings of Easy Trip Planners to grow, driven by sector growth, diversification into non-airline ticketing, foray into international geographies, and meaningful acquisitions23 hours ago — Moneycontrol -
PhonePe launches cross-border UPI payments service, says it's India's first
Users can activate UPI-linked bank account for the international service at the merchant location, or before that23 hours ago — Business Standard -
Looks like Hindenburg has done its homework on Adani, says NYU professor
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How should you talk to ChatGPT? A user’s guide
Getting useful answers from the AI bot requires letting go of some of our human intuitions about how to communicate23 hours ago — Moneycontrol -
Indian Army dispatches medical team to earthquake-hit Turkey
Officials said the Agra-based Army Field Hospital has despatched an 89-member medical team.23 hours ago — Moneycontrol -
CNN News18 Bengaluru Town Hall to tackle key issues shaping Karnataka elections
The event will be held on 7th Feb and will see participation from prominent personalities in Karnataka23 hours ago — Moneycontrol -
Buy Praj Industries, target price Rs 495: Prabhudas Lilladher
23.5 hours ago — Economic TimesThe brokerage rolls forward to FY25E and maintain ‘BUY’ rating at revised TP of Rs495 (Rs520 earlier) valuing 28x FY25E EPS.
- Add Mold-Tek Packaging, target price Rs 1014: Centrum Broking 23.5 hours ago — Economic Times
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RBI likely to go for one more rate hike tomorrow: Pranjul Bhandari
23.5 hours ago — Economic Times“My sense is RBI will stick to the old stance of withdrawal of accommodation and there are two reasons for it. One is that liquidity is still a bit high in the system and one of the reasons they had called it withdrawal of accommodation was because liquidity was very high, it continues to remain so. I am not sure tomorrow is the time to get down to neutral. ”
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To pacify stakeholders, top banks declare their exposure to Adani Group
The lenders to the group include big names like the State Bank of India, Bank of Baroda, the Punjab National Bank, Axis Bank, and IndusInd Bank23.5 hours ago — Business Standard -
SURU Effect: Why HDFC Bank's Branch Strategy Might Be The Smartest
Semi urban and rural branches will likely drive deposit growth for private banks.23.5 hours ago — Bloomberg Quint -
Satire | How an MBA in fraud management can help India’s ambitious youth go from being unemployed to billionaires
This course is great for anyone interested in serving the nation by creating maximum personal wealth in minimum time23.5 hours ago — The Hindu Business -
Tata Steel stock falls 5% after surprise net loss in Q3. Should you buy, sell or hold?
1 day ago — Economic TimesFor the India business, the company has reported a profit of Rs 1,918 crore with a revenue of Rs 32,325 crore for the period under review. India deliveries stood at 4.74 million tonnes, and were up 7% YoY, primarily driven by 11% growth in domestic deliveries, which has also enabled an improvement in product mix.
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Declining core inflation limits need for further rate hikes by RBI: S&P
S&P Global Ratings on Tuesday said core inflation in India has been declining sequentially, and an elevated 6.25 per cent policy rate limits the need for further rate hikes1 day ago — Business Standard
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