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National / Bloomberg Quint

Adani Group Strongly Denies US Allegations As Baseless, To Seek Legal Recourse

Adani Group has reiterated its commitment to upholding highest standards of governance, transparency, and regulatory compliance across all its operations.

21 Nov 2024 1:41 pm
Reliance Jio Loses Nearly 80 Lakh Subscribers In September, BSNL Lone Gainer: TRAI Data

Bharti Airtel and Vodafone Idea also registered a loss of 14.3 lakh and 15.5 lakh subscribers, respectively.

21 Nov 2024 1:25 pm
What Is Bomb Cyclone? Check Tracker, Impact And Latest Updates As The Storm Batters Northwestern US

Bomb Cyclone: Authorities sounded hurricane-impact wind warnings with California and the Pacific Northwest seeing the largest atmospheric river of the season.

21 Nov 2024 1:22 pm
Honasa Consumer Share Price Hits All-Time Low Amid Distributor Body's Claims Of Unsold Stock

CLSA after interacting with the company's management said Honasa's largest brand, Mamaearth, has become one of India's largest BPC brands, however, has seen a deceleration in growth.

21 Nov 2024 1:21 pm
LIC Emerges As Lender Of Last Resort For NBFCs Led By Shift In Strategy

LIC is investing in more organised NBFCs and good secured assets, confirmed a senior official from the state-run insurer.

21 Nov 2024 1:03 pm
Delhi Businesses See 20-30% Drop In Sales As Smog Keeps Consumers Indoors

To tackle the alarming situation, the Delhi government enforced Stage IV of the Graded Response Action Plan on Nov. 18.

21 Nov 2024 12:50 pm
Nurturing The Emerging Ecosystem Of Industry-Academia Collaboration In Quantum Computing

Indias quantum landscape is evolving rapidly, and the country is poised to harness the transformative potential of this emerging technology.

21 Nov 2024 12:27 pm
Five Stocks In News At Noon: Top Gainers Today

The Nifty 50 and Sensex are off lows with 0.75% and 0.63% loss, respectively around noon.

21 Nov 2024 12:18 pm
Paytm Share Price May Double, Says BernsteinHere's Why

Bernstein believes Paytms payment processing margin, which dropped significantly after regulatory changes, could see a resurgence.

21 Nov 2024 12:11 pm
Maintaining Growth-Inflation Remains Challenging For Global South Nations, Says RBI Governor

These countries face more difficulty in growth-inflation trade offs, since there is a lot of catching up to do to increase their per capita income and productivity, Das said.

21 Nov 2024 11:42 am
Corporate Push: Behind SBI's Blistering Wholesale Loan Growth

This comes at a time when other peers are taking a back seat on infrastructure loans, ahead of the central bank's tougher provisioning norms.

21 Nov 2024 11:33 am
Indian Hotels Co. Share Price Hits Record High As Analysts Positive On New Business Growth

Morgan Stanley expects new businesses (Qmin, Ama and Ginger) to grow at a 30% compound annual growth rate over fiscals 2023 to 2030.

21 Nov 2024 11:29 am
Justice Department Seeks Google Chrome Sale To Curb Monopoly

Google has criticised the Justice Departments proposal as radical and said it would likely harm consumers and businesses.

21 Nov 2024 11:26 am
Google Doodle Today: Search Giant Celebrates Novembers Half Moon With Fun Game, Heres How To Play

The interactive game by Google Doodle helps users to learn about the significance of the lunar cycle.

21 Nov 2024 11:24 am
India's Stock Gauge Offers 'Reasonable' Valuations Post 10% Correction, Says Citi

Looking ahead, a potential recovery in public capex and rural demand in the second half of the year are positives, Citi said.

21 Nov 2024 11:21 am
IPL 2025 Mega Auction: Date, Time, Players List, Remaining Purse, Live Streaming And More

The IPL 2025 mega auction will feature 574 players, including 366 Indian players and 208 overseas cricketers.

21 Nov 2024 11:19 am
Byjus Founder Accused Of Trying To Regain Firm With Hidden Cash

Byju Raveendran has been trying to regain control his capsizing education technology empire, which is under court supervision in both India and the US, a court declaration read.

21 Nov 2024 11:18 am
Maharashtra Election Voting Percentage: Check District-Wise Voter Turnout In The State

Maharashtra Assembly Elections 2024: The highest turnout was recorded in the 10 assembly seats in the Kolhapur district at 76.25%, followed by Gadchiroli at 73.68%.

21 Nov 2024 11:07 am
India's Growing Solar Exports Could Threaten Domestic Supply

If one accounts for the exports, the supply of solar modules from domestic producers would fall short of the annual requirement in fiscal 2025 and 2026.

21 Nov 2024 11:06 am
Confident On Achieving Capex Guidance, Says SAMHI Hotels CEO

SAMHI Hotels' CEO Ashish Jakhanwala expressed confidence in achieving the company's capex guidance, noting that finance costs are expected to remain stable over the next few quarters. He highlighted a strong outlook for revenue per available room growth in Bangalore and anticipates significant growth in revenue per key, driven by a higher mix of upper upscale properties.

21 Nov 2024 11:04 am
Suzlon Energy Share Price Hits Upper Circuit After Morgan Stanley Upgrades It To 'Overweight'

Suzlon Energy share price hit the 5% upper circuit and rose to Rs 65.33 apiece, the highest level since Nov 8.

21 Nov 2024 11:03 am
Adani Green Not To Proceed With USD-Denominated Bond Offerings

The US Department of Justice, while outlining the civil complaint, highlights that the charges in the indictment are allegations.

21 Nov 2024 11:02 am
Vodafone Idea Share Price Drops To Over One-Year Low After Goldman Sachs Cuts Forecasts

Vodafone Idea share price fell as much as 4.08% to Rs 6.81 apiece, its lowest level since May 11, 2023.

21 Nov 2024 10:46 am
NTPC Green Energy IPO Subscribed 40% So Far On Day Two Check GMP

The NTPC Green Energy IPO is India's third largest public issue this year after Hyundai Motor India Ltd. and Swiggy Ltd.

21 Nov 2024 10:33 am
Britannia Industries Share Price Hits Over SixMonth Low Following FSSAI Notice

In its notice, the Food Safety and Standards Authority of India asked Britannia Industries to stop selling a batch of one of its products.

21 Nov 2024 10:31 am
India's Smaller Firms Face Less Heat Than Frontline Peers Despite Deeper Woes

The Nifty corrected by 10.1% from the recent peak, while the mid-and small-cap indices corrected by 9.4% and 8.4%, respectively.

21 Nov 2024 10:22 am
Lamosaic India IPO Opens For Subscription: Check GMP, Price Band, Offer Size And Other Key Details

Lamosaic India IPO GMP (grey market premium) stood at Rs 0 at 6:56 a.m. on Nov 21, according to InvestorGain.

21 Nov 2024 10:15 am
Eicher Motors Has Goldman Sachs Bullish As Product Launch Momentum Accelerates

Eicher is also poised for an export boost, with margins and average selling prices in international markets outperforming domestic levels, Goldman Sachs said.

21 Nov 2024 10:03 am
Indus Towers Share Price Surges Following Supreme Court's Favorable Cenvat Credit Ruling

Indus Towers share price rose as much as 3.61% to Rs 340 apiece.

21 Nov 2024 9:59 am
Aegis Logistics' JV Aegis Vopak Terminals Listing To Be Key Near-Term Catalyst: Motilal Oswal

The current valuations appears expensive, hence the brokerage maintains 'Neutral' rating on the stock.

21 Nov 2024 9:59 am
Brokerage Views: Goldman Sachs On Vodafone, Eicher, Morgan Stanley On Indian Hotels Co. And More

Here are all the top calls from analysts you need to know about on Thursday.

21 Nov 2024 9:54 am
India Economy & Strategy - Trumps Isolationism Forbode Dislocations While The South Consolidates: Systematix

US market optimism may persist until January 2025, but medium term conditions are likely unfavorable, says the brokerage.

21 Nov 2024 9:47 am
Foreign Selling In Financials, Energy Stocks Tops $1.5 Billion In November First Half

The IT space saw an inflow of $366 million while the construction stocks got $227 million inflows from global funds.

21 Nov 2024 9:46 am
Motilal Oswal Maintains 'Buy' On Indian Hotel, Here's Why

The brokerage believes the company's financial discipline and operational agility position it to achieve its 2030 goals.

21 Nov 2024 9:38 am
Vodafone Idea Needs 160% ARPU Surge To Sustain Free Cash Flow, Says Goldman Sachs

Vodafone Idea reported a meek 5.6% rise in average revenue per use in the July-September quarter.

21 Nov 2024 9:31 am
Rupee Opens Flat Against Dollar As RBI Continues Intervention

The rupee opened little changed at Rs 84.41, according to Bloomberg data.

21 Nov 2024 9:19 am
PSP Projects Signs Share Purchase Agreement With Adani Group: HDFC Securities

The brokerage believes PSP is well-poised to benefit from this partnership with captive related-party near-term order pipeline of Rs 35 billion.

21 Nov 2024 9:18 am
GE Shipping's Near-Term Performance To Be Affected By Sluggish Market Conditions, Says CFO

While crude freight rates are not too weak at the moment, product tanker freight rates have been under pressure, according to GE Shipping CFO G Shivakumar.

21 Nov 2024 9:14 am
Here's Why Zinka Logistics Will Not Debut On Stock Exchanges Today

The maiden issue worth Rs 1,114.7 crore closed on Nov. 18, which was subscribed 1.86 times, led by qualified institutional buyers.

21 Nov 2024 9:12 am
Indian Market Could See Cyclical Slowdown In 2025 But Key Sectors Offer Opportunities: Goldman Sachs

Goldman maintained a tactically neutral stance on Indian equities overall, but favours select sectors that offer higher earnings visibility.

21 Nov 2024 9:11 am
Enviro Infra Engineers Hopeful Of Healthy Order Book After Listing

Managing DIrector Manish Jain hopes to capitalise on schemes like Namami Gange, Amrut Scheme, and the National River Conservation Plan.

21 Nov 2024 9:10 am
Sky Gold MD Expects Ebitda Margin To Cross 5% In Next Four Quarters, PAT To Rise

Addition of two new clients and the company's gold loan foray were among factors that Mangesh Chauhan said will lead to improvement of Ebitda margin and PAT.

21 Nov 2024 9:08 am
Transformers And Rectifiers India Expects Recent Acquisition To Improve Margin

MD Satyen Mamtora said as CRGO steel comprises 30% of the company's raw material, it will be able to use it in the production of transformers.

21 Nov 2024 9:00 am
It's Trent Trending As Nykaa, Titan, And Dmart Follow, Indicates Morgan Stanley Report

The brokerage noted that companies have a lot to look forward to in the second half of the fiscal on account of the bulk of festive and wedding dates coming up.

21 Nov 2024 8:57 am
Gold Prices Cross Rs 76,000, Global Rates Spike Amid Geo-Political Tension

Gold prices in the global and the domestic markets have both rebounded from lows.

21 Nov 2024 8:54 am
Allcargo Group's Ravi Jakhar Expects Restructuring To Boost Growth Of Express Unit

Group Chief Strategy Officer Ravi Jakhar also believes that the restructuring will lead to the express business gaining market share.

21 Nov 2024 8:53 am
IHCLs New Brands Key To Achieve Ambitious Growth Plan Over Next Five Years

CEO Puneet Chhatwal expects many of the company's newer brands to mature and contribute to its growth in this period.

21 Nov 2024 8:49 am
Wedding Season May Offer Just Fleeting Relief To Struggling Retailers

The $130-billion Indian wedding industry ranks second after food and grocery, and is a significant driver of discretionary consumption.

21 Nov 2024 8:43 am
Parle Agro Sees Profit Fall 89% in FY24 Due To Sin Tax On Sugary Drinks

Parle Agro's portfolio includes Frooti, Appy Fizz, Smoodh, Frio, Dhishoom, and Bailley.

21 Nov 2024 8:32 am
Samir Arora Lists Three Sectors To Avoid After Underwhelming Q2 Earnings Season

The foremost among the sectors to be avoided for the next six to nine months is microfinance, according to Helios Capital's Samir Arora.

21 Nov 2024 7:57 am