National / Business Today
For the full FY24, NSE's profit rose 51% to Rs 8,306 crore and the total revenue came in at Rs 16,352 crore, showing a 28% YoY jump
As the Reserve Bank of India kept the repo rate at the same level, many banks have tweaked their fixed deposit rates to attract customers.
Kamath was barely 17 when he began stock trading in the late 1990s with a few thousand rupees, supporting it with side gigs such as call centre jobs to standing at a stall to earn 200 a day.
The BSE Sensex rose 148 points, or 0.20%, at 73,878.15 during the week ended on May 03, 2024. While the Nifty gained 56 points, or 0.25%, to 22,475.85.
Experts suggest to build a corpus for retirement, it is important to increase the amount invested in the SIP as per growth in income.
Its net interest income (NII) in Q4 rose 13% YoY to Rs 6,909 crore, while itsnet interest margin (NIM) in Q4 rose to 5.28% vs 5.22% in Q3 of FY24.
Hamida Banu received worldwide recognition for her win in a wrestling match on May 4, 1954, which lasted only 1 minute and 34 seconds. She defeated the famous wrestler Baba Pahalwan. Following the loss, he retired from professional wrestling.
The Finance Act 2023 has made the new tax regime as the default tax regime for FY 2023-24 (AY 2024-25). The taxpayers can switch between the old and the new tax regime on a year-on-year basis.
The NSE reported a 20 per cent year-on-year increase in consolidated net profit at Rs 2,488 crore for three months ended March 2024.
In a statement, the Department of Pension and Pensioners Welfare (DoPPW) said Integrated Pensioners Portal has been launched to digitalise pension services and enhance the welfare of pensioners.
Top brokerages expect Kotak Mahindra Bank's net profit for the Q4 to fall around 3% year-on-year. Meanwhile, net interest income for the period is expected to grow 10% year-on-year.
Aadhar Housing Finance, TBO Tek and Ingedene are looking to raise the amount, with an average issue size of Rs 2,130.85 crore via the primary route
YES Bank has launched two Pi and Phi co-branded cards that have unique features and benefits.
To succeed, event managers need to blend creativity, planning, and strategic skills.
India is witnessing sectoral expansion, with diverse sectors such as automotive, healthcare, IT, pharma, manufacturing, and FMCG actively participating in exhibitions.
Titan Company Q4 earnings: Net profit climbed to Rs 786 crore in Q4 from Rs 734 crore in the year-ago period
Sebi, it is directive, said that from April 1, investors with an 'on hold' KYC status will not be able to carry out any transactions in mutual funds. This includes investing in new mutual funds or redeeming units from existing mutual funds.
Share market: Friday's market fall came ahead of the release of the US non-farm payroll data. Investors booked profit and there was a degree of caution, said Vinod Nair, Head of Research, Geojit Financial Services.
Adani Green Energy Q4 earnings: Net profit slipped to Rs 310 crore in the last quarter against Rs 507 crore in the March 2023 quarter.
Transferring money to your spouse for groceries and other bills typically flies under the tax radar. But anything beyond that may land you in the tax net
Multibagger stock: Suzlon Energy stock was trading at Rs 41.50 in the current session, losing 90.97% from its all-time high on BSE. However, Suzlon Energy stock has delivered multibagger returns in a period of one year and beyond.
Dip in performance of Adani Enterprises, Adani Green Energy, Adani Power and Adani Energy Solutions weighed on the overall numbers
BSE Sensex tumbled more than 1,625 points from its day's high at 75,095.18 to 73,467.73, while NSE's Nifty50 crashed nearly 450 points to 22,348.05, from its day's high at 22,794.70.
Sensex, Nifty crash today: Sensex tumbled 1,130 pts to 73,481 and Nifty plunged 296 pts to 22,351. All 19 BSE sectoral indices were trading in the red.
Before you take the decision to repay the home loan you need to take into account the future needs for funds for known reasons as well as for any emergency.
From April 1, 2024, the Income Tax Department enabled the online income tax return forms, ITR-1, ITR-2 and ITR-4, for FY 2023-24 (AY 2024-25) on the e-filing portal. That means those who have all the details can file their ITRs.
Titan Company share price today: The stock was down 0.72 per cent at Rs 3,543.85. Rekha Jhunjhunwala held 5.37 per cent stake in Titan Company, which was worth Rs 16,864 crore in Friday's trade.
In the case of physical gold, the expected returns would depend on the current gold price. For gold ETF, the value would depend on the price of the ETF.
The event coincided with Aaj Tak and India Today channels' exclusive launch for the UAE market.
The12Cilindri,also sold as a 435,000 Spider convertible version, is inspired by Ferraris touring cars from the 1960s and represents a fresh option amid several sold-outs. The unveiling marks Ferrari's first launches of this year, after five modelsin 2023, as it presses ahead with a rapid roll-out of new models to keep the attention of its wealthy customers.
Sensex Nifty Today: Sensex fell from day's high of 75,095.18 to a low of 73,637.38, down 1,457.80 points. Nifty, which hit a fresh record high of 22,794.70 today, was last quoting at 22,416.50, down 1,02 per cent.
Net sales for the quarter rose 18.75 per cent YoY to Rs 2,319.28 crore compared with Rs 1,952.93 crore in the year-ago quarter.
DroneAcharya Aerial shares gained 3.53% to Rs 156.75 against the previous close of Rs 151.35 on BSE. Total 0.91 lakh shares of DroneAcharya Aerial changed hands amounting to a turnover of Rs 1.40 crore.
The Ajanta Pharma stock jumped 13.38 per cent to hit a high of Rs 2,531.95 on BSE. A few target prices on the stock are in the range of Rs 2,560-2,613, suggesting limited upside ahead.
The IT player also stated that it had signed a definitive agreement to take over Cigniti Technologies, an AI & IP-led digital assurance and engineering services company.
Adani Enterprises, the flagship of Gautam Adani's business empire, disclosed the receipt of two show-cause notices during the quarter ending on March 31. Adani Ports & Special Economic Zone, Adani Power, Adani Energy Solutions, Adani Wilmar and Adani Total Gas also informed the bourses about SEBI's recent inquiries.
Multibagger stock: BHEL stock also touched its 52-week high for the sixth straight session today , signaling strong investor interest in the multibagger stock.
South Indian Bank stock fell 1.78% to Rs 28.68 on Friday against the previous close of Rs 29.20 on BSE. The banking stock hit a record high of Rs 36.91 on February 2, 2024 and fell to a 52 week low of Rs 14.64 on May 10, 2023.
Shares of YES Bank dropped about 3.5 per cent at the opening tick to Rs 24.55 on Friday, but the stock staged a swift rebound of 5.17 per cent to Rs 25.82.
Bajaj Finance surged 7.54 per cent to hit a high of 7,400 on BSE. The NBFC added Rs 32,000 crore in market capitalisation (m-cap) intraday. It was later commanding a market value of Rs 4,51,932.31 crore.
Federal Bank board has set up a search committee for evaluating internal or external candidates for the position and the names will be sent to the RBI in the next 2-3 weeks.
APSEZ expects volumes of 460480 mmt in FY25 with Mundra volumes to surpass 200 mmt. It expects consolidated revenues to be in the range of Rs 29,00031,000 crore with net debt to Ebitda seen in the 2.22.5 times range.
Coal India shares ended 0.23% lower at Rs 453.25 in the same session. Market cap of the firm stood at Rs 2.79 lakh crore.
Adani Green Energy shares ended 0.58% lower at Rs 1787.20 in the previous session amid a marginal rally on Dalal Street. Market cap of Adani Green Energy fell to Rs 2.83 lakh crore.
Titan Company, Adani Green Energy, Britannia Industries, Godrej Properties, MRF, JSW Infra, MRPL and Tata Technologies are among the companies which will announce their March quarter results later today.
Mahindra Lifespace Developers reported a fall in net profit at Rs 97.89 crore for the March quarter from Rs 101.43 crore in the same quarter last year. Its total income fell to Rs 279.12 crore from Rs 659.56 crore.
Bajaj Finance: Analysts were expecting the regulatory ban on two of Bajaj Finance products to be lifted soon after the NBFC made required changes and formally requested the RBI for review and removal of the restrictions.
APSEZ is looking at Bataan for its port development plan, Karan Adani, MD of APSEZ, said, adding it could be a good opportunity for the company. The company plans to develop a 25-meter-deep port that can accommodate Panamax vessels.
Heeramandi review: If Devdas was about two star-crossed lovers and Gangubai was the rise of a young woman in the power corridors, the focus has now shifted entirely on the lives of the women in this story of Heeramandi.
Federal Bank Ltd Stock Price Live: The Federal Bank Ltd has been in focus today amid company-specific news and/or recent price action on the counter. Federal Bank Ltd shares settled the previous traded session at 168.00, up 3.32%. The stock has traded in a wide range of 170.30 and 121.00 in the last one year. At last count, the Federal Bank Ltd sector company commanded a market capitalisation of 40.93 Thousand Crore. Heres a deep dive Federal Bank Ltd stock performance, peer returns, historical