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Mangalore News

Mangalore / Bloomberg Quint

Centre Scraps Minimum Export Price On Basmati Rice: A Major Boost For Exporters

India, the largest rice exporter globally, has been limiting rice exports to curb domestic food inflation, which led to a significant decline in rice shipments.

16 Sep 2024 8:37 am
Phoenix Mills Shareholders Approve 1:1 Bonus Issue At AGM

Eligible shareholders will receive one fully paid-up share with a face value of Rs 2 for each share they hold.

16 Sep 2024 8:27 am
The FMCG Umbrella Is Expanding Fast, Courtesy Newer Premium Products

A new wave of innovation has reshaped Indias retail sector, paving the way for multi-format retailing.

16 Sep 2024 8:19 am
Mutual Funds Bet Big On Information Technology Sector In August

Cash & cash equivalents made up for 4.94% of the total holdings in active equity schemes in August.

16 Sep 2024 8:18 am
From Trent To Tata Motors: Mutual Fund Category Leaders In August

Among sectoral schemes, Reliance Industries was the biggest addition as the value of holdings grew Rs 1,478 crore during the month.

16 Sep 2024 7:59 am
Banks Chase The Rich As Deposit Growth Continues To Falter

The affluent banking business has grown at twice the rate of deposits for domestic lenders.

16 Sep 2024 7:54 am
Excellent Wires And Packaging IPO Allotment Today: How To Check Status And Other Details

The NSE SME IPO was a fixed-price issue worth Rs 12.6 crore and comprised an entirely fresh issue of 14 lakh shares. The price was fixed at Rs 90 per share.

16 Sep 2024 7:40 am
Suspect In Trump Assassination Attempt Is 58-Year-Old Ryan Routh

Routh was taken into custody by police on Sunday after what the FBI has called a possible assassination attempt targeting Trump.

16 Sep 2024 7:35 am
Stocks To Watch: SpiceJet, GMR Airports, Zaggle And More

Here are the stocks to watch before going into trade on Monday.

16 Sep 2024 7:00 am
How To Check Innomet Advanced Materials IPO Allotment Status Online

Investors can check the allotment status of the Innomet Advanced Materials IPO via Skyline Financial Services Private Ltd. Here's all you need to know

16 Sep 2024 7:00 am
Asian Stocks Rise Despite China's Weak Economic Data

All eyes are on the US Federal Reserve as the long-awaited interest rate cuts might soon be a reality this week.

16 Sep 2024 6:47 am
Gunfire At Trump Golf Club Latest Jolt In Chaotic 2024 Campaign

The suspect, later identified as 58-year-old Ryan Routh, fled in a black car but was later detained after a chase.

16 Sep 2024 6:39 am
Stock Market Today: All You Need To Know Before Going Into Trade On Sept. 16

Stocks in the news, big brokerage calls of the day, complete trade setup and much more!

16 Sep 2024 6:00 am
Nipah Virus Causes Death Of Man In Kerala's Malappuram

The Malappuram native who reached the state from Bengaluru died on Sept. 9, after which his available samples were sent for testing.

15 Sep 2024 6:58 pm
Reliance Retail Expands Trading Area By 50% For Non-Food And General Merchandise

The move is also likely to bolster the retailer's hyper-local aspirations through its e-commerce platform Jiomart.

15 Sep 2024 6:49 pm
FPIs Inject Rs 27,856 Crore In Equities This Month On Fed Rate Cut Hopes

Foreign portfolio investors have been consistently buying equities since June. Before that, they pulled out Rs 34,252 crore in April-May.

15 Sep 2024 6:25 pm
Exports Think Tank Advocates Urgent Response To Rising Freight Costs, Container Shortages

Between 2022 and 2024, shipping rates for a 40-foot container have fluctuated significantly.

15 Sep 2024 6:18 pm
Your Guide To FII Positions On Sept. 16 Trade

The FIIs sold stock options worth Rs 1,376 crore, Rs 5,054 crore in stock futures, index options worth Rs 2,215 crore while they bought index futures worth Rs 1,338 crore.

15 Sep 2024 6:13 pm
Trade Setup For Sept. 16: Positive Short-Term Outlook With Nifty Support At 25,50025,700

The domestic markets are likely to sustain their momentum due to heavy buying by foreign portfolio investors.

15 Sep 2024 6:00 pm
IndiGo's Mumbai-Doha Flight Passengers Wait Hours Inside As Tech Issue Delays Takeoff

Passengers were inside the aircraft for more than four hours before they deplaned.

15 Sep 2024 4:41 pm
Zomato Rival Swiggy Said To Eye India IPO Filing This Week

Swiggys IPO may seek to raise more than $1 billion, said people familiar with the matter,

15 Sep 2024 4:28 pm
Maharashtra Assembly Elections Likely In November Second Week, Says CM Eknath Shinde

A two-phase poll would be preferable for the 288-member state assembly, Shinde said.

15 Sep 2024 4:19 pm
Temasek Close To Buying Stake in Blackstone-Owned Visa Firm VFS

Blackstone has been weighing options including a full or partial sale in VFS after receiving interest from investors such as sovereign wealth funds, Bloomberg News had reported on Friday.

15 Sep 2024 2:49 pm
Oberoi Family Feud: Delhi High Court Halts Share Transfers In Feud Over Will

The case revolves around a will dated Oct. 25, 2021, and a codicil dated Aug 27, 2022.

15 Sep 2024 2:45 pm
RG Kar Hospital Rape-Murder: Ex-Principal, Tala Police Station In-Charge Produced In Court

The CBI had on Saturday evening added charges of tampering with evidence against Ghosh, who is currently in judicial custody, and arrested Mondal.

15 Sep 2024 2:18 pm
Adani Wins Bid To Supply 6,600 MW Hybrid Solar And Thermal Power In Maharashtra

Adani Power and Adani Green Energy have received the letter of intent from the Maharashtra State Electricity Distribution Co.

15 Sep 2024 2:05 pm
Haryana Election: Caste Holds The Key In Battle Between Congress And BJP

Major blocks are trying to create their own social engineering set which highlights the fact that caste is cast in stone in Haryana.

15 Sep 2024 1:22 pm
Nifty In Technical Charts: New High Cheer

Market punching out new highs is always good news for the trend.

15 Sep 2024 1:19 pm
Arvind Kejriwal Says Will Resign As Delhi CM In Two Days

I am going to resign after two days...Ask people whether I am honest. Till they respond, I won't sit on CM's chair,' Kejriwal said.

15 Sep 2024 12:55 pm
Systematix Corporate Board Approves Raising Rs 103 Crore Via Preferential Issue

The company will allot 6.73 lakh shares at Rs 1,531 apiece, an exchange filing stated.

15 Sep 2024 12:26 pm
Ministers' Panel On GST Compensation Cess Likely To Be Headed By MoS Finance

The GoM will have to suggest how the cess collected on demerit and luxury goods will be apportioned between the Centre and states, an official said

15 Sep 2024 12:15 pm
Adani Wins Bid To Supply 6,600 MW Of Electricity At Rs 4.08 Per Unit

Adani's bid compares to Rs 4.36 per unit quoted by the second lowest bidder, JSW Energy.

15 Sep 2024 12:11 pm
Northern Arc Capital, Arkade Developers Among 7 New IPOs This Week; Bajaj Housing Finance Among 13 To List

The week will also see 13 companies debuting on the exchanges with four in the mainboard space.

15 Sep 2024 11:30 am
Indias Food-Fuel Conflict: The Ethanol-Sugar Conundrum

India's target is to achieve 20% ethanol blending by 2025-26. But this may come at a cost.

15 Sep 2024 10:49 am
NBFC Premature Deposit Withdrawal: New RBI Rules That Benefit Depositors

Here's everything you need to know about the new rules for the premature withdrawal of deposits with NBFCs.

15 Sep 2024 10:47 am
BLS International To See Strong Margin Growth By Year-End Says Joint Managing Director

BLS International is transitioning from partner-run centers to self-managed centers.

15 Sep 2024 10:46 am
How Investors Are Capitalising On India's Economic Growth: Insights From Real-Estate Perspective

India's robust economic growth and proactive government initiatives undoubtedly provide a solid foundation for the growth of the real-estate sector.

15 Sep 2024 10:45 am
Home First Finance To Log 30% Growth Driven Via Expansions, Higher Market Share: CEO

The non-banking finance company will focus on expansion to new geographies, while also increasing penetration within the existing states in its network.

15 Sep 2024 10:44 am
Interarch Building Products Will Double Revenue In Three Years, Assures MD Arvind Nanda

Interarch Building Products Will Double Revenue In Three Years, Assures MD Arvind Nanda

15 Sep 2024 10:44 am
Tega Industries To Focus On New Market Products To Sustain Growth: MD Mehul Mohanka

Tega Industries is set to achieve a compound annual growth rate (CAGR) of around 15% for the next three to five years, while sustaining its Ebitda margin, according to the companys managing director and group CEO Mehul Mohanka. Speaking to NDTV Profit, Mohanka said the company would focus on introducing new products to leverage its operating capacity and to drive growth. Tega Industries recently rolled out a new mill liner called DynaPrime, which replaces traditional steel mill liners. If you lo

15 Sep 2024 10:43 am
Can Retrofitment Breathe New Lease Of Life In Autorickshaws?

Electric retrofitment may breathe new lease of life in used vehicles, especially ones that can incur high maintenance costs.

15 Sep 2024 10:43 am
PM Modi To Launch Rs 12,460 Crore Worth Projects In Jharkhand, Odisha, Gujarat

Modi will also dedicate to the nation doubling of the Kurkura-Kanaroan line.

14 Sep 2024 10:22 pm
India-Bangladesh River Transportation Agreements To Be Honored, Says Sonowal

Operations along the Indo Bangladesh Protocol Route (IBPR) were underway as usual with both countries remaining in talks via diplomatic channels, Sonowal said.

14 Sep 2024 10:22 pm
Modi Hails Easing Of Export Norms On Rice, Onions And Duty Hike On Edible Oils

On Friday, the government eliminated the $950 per tonne minimum export price for basmati rice and scrapped the $550 per tonne minimum export price on onions, as per official statements.

14 Sep 2024 10:22 pm
DGGI Flags Rs 2.01 Lakh Crore GST Evasion In FY24, Online Gaming And BFSI Sectors Top List

Online gaming accounted for the highest evasion, with Rs 81,875 crore detected in just 78 cases. The BFSI sector followed with Rs 18,961 crore evasion across 171 cases.

14 Sep 2024 10:21 pm
Oil India AGM: Diesel Exports To Bangladesh Remain Uninterrupted, Says Chairman

Oil India Ltd. has had no payment disruptions for diesel exports to Bangladesh, and equipment delivery for its refinery project through the neighbouring country remains uninterrupted, its chairman and managing director Ranjit Rath said on Saturday. The India-Bangladesh Friendship Pipeline is functioning and there's absolutely no disruptions in transporting diesel, Rath said, while addressing media post the company's 65th annual general meeting. He added that a letter of credit is in place for su

14 Sep 2024 9:47 pm
Vedanta Unit Gets Approval For Forest Land Diversion In Assam's Hoollongapar Gibbon Wildlife Sanctuary

The exploratory drilling will take place in the eco-sensitive zone of the Hoollongapar Gibbon Wildlife Sanctuary in Jorhat district, the sole habitat for India's only ape species.

14 Sep 2024 8:46 pm
India Committed To Build Resilient Agriculture Systems For Food Security: Minister

He made the remarks while representing India at G20 Agriculture Ministerial Meeting in Cuiab, Brazil on Sept. 12-14, 2024.

14 Sep 2024 8:45 pm
Intel Solidifies $3.5 Billion Deal To Make Chips For Military

The secretive program, called Secure Enclave, seeks to establish production for advanced chips with military and intelligence applications.

14 Sep 2024 8:44 pm