News Api India Business

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5-door Mahindra Thar to get ADAS at launch? - CarWale

The Thar five-door will debut on 15 August.

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India’s first: Japanese Sharp looks to set up display fab unit - The Times of India

India Business News: India is headed to bag investments for the country’s first display fab semiconductor unit – used for making televisions and other digital screens – wi

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Relief for lessors: Delhi high court directs DGCA to de-register 54 GoAir planes - The Times of India

India Business News: The lessors of 54 aircraft to grounded-since-last May GoAir finally got relief on several counts from the Delhi high court on Friday which directed th

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Elon Musk's Tesla Autopilot probed after 20 crashed in months since recall - Hindustan Times

More than 2 million Tesla vehicles are subject to the probe, according to NHTSA. The carmaker’s shares fell as much as 1.7% shortly after.

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Vodafone Idea's FPO: A Rs 287 crore bonanza for investment bankers - Business Standard

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Citi Buys Vodafone Idea Shares For Rs 611 Crore After ATC Telecom Exits - NDTV Profit

Citigroup Global Markets Mauritius Pvt. purchased 49.12 crore shares at Rs 12.7 apiece, according to bulk deal data on the NSE.

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IREDA a 'Navratna PSU'? BIG UPDATE from Govt - FULL details - ET Now

Navratna companies are those PSUs having sound and strong financials that have the autonomy to invest up to Rs 1000 crore without any prior approval from the central government. Some popular known Navratna companies are Hindustan Aeronautics Limited, Bharat E…

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RBI sets standards for SFBs eyeing universal bank licence | Mint - Mint

The guidelines come amid heightened activity by SFBs to explore opportunities for expansion and diversification after completing five years of operation.

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Kotak Mahindra Bank tanks 13% on RBI whip, mcap dips to ₹3.19 lakh crore; Axis Bank now India's 4th largest lender | Mint - Mint

Kotak Mahindra Bank's mcap has shrunk to ₹3.19 lakh crore in two days on RBI's crackdown, losing its rank as India's fourth largest lender.

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Brokerage firm Goldman Sachs raises target price of this stock, sees 30% upside potential | Mint - Mint

According to analysts at Goldman Sachs, inferred value of the grocery delivery platform acquired by Zomato in 2022, now surpasses that of Zomato's food delivery division.

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Japanese Yen rallies to just shy of 157.00 versus the USD - FXStreet

The Japanese Yen (JPY) languishes near a multi-decade low against its American counterpart during the Asian session on Friday as traders keenly await the outcome of the highly-anticipated Bank of Japan (BoJ) policy meeting.

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BSE may see a big jump in regulatory fee; Sebi asks it to calculate annual turnover based on notional... - Moneycontrol

The exchange has been asked to pay the differential regulatory fee (including differential regulatory fee of USE, if any) for the past periods along with applicable interest

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Why is Motilal Oswal's Raamdeo Agrawal surprised - CNBCTV18

In an interaction with CNBC-TV18 today, Agrawal said that there's no seasonality, and that every quarter is seeing a quarter-on-quarter growth for the last few quarters.

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US Dollar ticks up to minimize weekly loss after PCE falling broadly in line - FXStreet

The US Dollar (USD) is trading stronger in the run up to the last bit of economic data for this week, after it was all over the place on Thursday after the release of the preliminary US Gross Domestic Product (GDP) for the first quarter. The USD first

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How a Rs 5 note played a crucial role in Rs 1.3-crore-worth front-running racket - Moneycontrol

A Sebi investigation has revealed how a dealer and few authorised persons of three brokerages front-ran trades of a big client.

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Demat Account: 10 crucial things you should keep in mind as a beginner | Mint - Mint

When opening a demat account, consider factors like broker reputation, account opening charges, and AMC. Choose brokers with intuitive trading platforms and research tools. Evaluate brokerage fees, customer support, account features, and security measures.

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2,000 Ghost Customers, Fake Mahindra Account: Rs 150 Crore Scam In Mizoram - NDTV

A fake 'Mahindra' account, Over 2,000 ghost customers and a fraud amounting to Rs 150 crore - These elements constituted "the biggest auto-finance scam of northeast India".

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SBI Card Q4 results: Net profit rises 11% to ₹662 crore, revenue up 14% to ₹4,475 crore | Mint - Mint

SBI Card Q4 results: Company posted 11.05 per cent year-on-year (YoY) increase in its net profit for the March quarter of the financial year 2023-24, reaching ₹662.37 crore compared to ₹596.47 crore reported in the corresponding period of the previous year.

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HCL Tech Q4 Results: Net profit flat at ₹3,986 crore, revenue rises 7% YoY; 5 key highlights | Mint - Mint

HCL Tech Q4 Results: India's third-largest IT service major's revenue from operations in the fourth quarter of FY24 rose 7.1 per cent to ₹28,499 crore, compared to ₹26,606 crore in the year-ago period.

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Mutual fund KYC: The hurdles and how to overcome them - Moneycontrol

Since Aadhaar-based KYC is the best option that allows you to invest across fund houses, it’s best to upgrade your KYC to ‘Validated’, if your KYC is ‘Registered’. For NRIs, it is a bit more complicated since they’re not mandated to have an Aadhaar. But distr…

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Kia Sonet: 4 lakh sales up in under 44 months - Team-BHP

Kia Sonet sales have surpassed the 4 lakh unit mark. The carmaker achieved the new milestone in just under 44 months. 3,17,754 units of the Sonet were sold in the domestic market, while an additional 85,814 units were exported. According to Kia, 63% of custom…

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Google parent Alphabet announces its first-ever dividend, shares soar to nearly 16% - The Times of India

International Business News: Google's parent company Alphabet announced its inaugural dividend and a $70 billion stock repurchase, resulting in the stock price soaring by almost 1

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Maruti Suzuki’s Q4 profit grows 48% YoY; FY24 profit jumps 64% - Autocar Professional

The automaker’s earnings for the quarter and full financial year grew in double digits with robust improvement in vehicle volume, a richer mix of sports utility vehicles, moderation in input cost inflation, and price hikes.

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Technical View: Nifty forms Dark Cloud Cover pattern; 22,000 to be crucial support - Moneycontrol

The options data indicated that the Nifty 50 may take support at 22,200 and 22,000 levels, with resistance at 22,500 and 22,600 levels.

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SBI Life Insurance Q4 results: Net premium income rises 26%, dividend declared - CNBCTV18

SBI Life Insurance Q4 results: The solvency ratio experienced a slight dip, standing at 1.96% as opposed to 2.15% recorded in the previous year.

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Top Gainers and Losers today on 26 April, 2024: Tech Mahindra, Divis Laboratories, Bajaj Finance, Bajaj Finserv among most active stocks; Check full list here | Mint - Mint

Top Gainers and Losers Today : The Sensex lost 609.28 points, or -0.82, to settle at 74339.44, while the Nifty lost 150.4 points, or -0.67, to close at 22570.35.

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Stock Market Highlight: Markets close lower! Nifty near 22,450, Sensex below 73,750 dragged by financial services - The Financial Express

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Nawaz Modi accuses Gautam Singhania: Uses Raymond as ‘his personal fiefdom', 'Bhindi bazaar' tactics - Hindustan Times

Nawaz Modi said, “They are (using) invalid grounds for my removal. Has the major shareholder promotor lost his confidence in me for doing my job?"

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Multibagger: Indri Whiskey Makers Stock Locked In Upper Circuit For 10 Sessions In A Row - NDTV Profit

The company's net profit rose multifold in Q4 FY24, even as it announced a Rs 1,000-crore fundraise.

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Bajaj Finserv Q4 Results: PAT jumps 20% YoY to Rs 2,119 crore - The Economic Times

Bajaj Finserv Q4 Results: Consolidated total income for the March quarter stood at Rs 32,042 crore as against Rs 23,625 crore a year-ago, an upside of 36% YoY.

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Bank of Maharashtra Q4 Results: PAT jumps 45% to ₹1,218 crore; dividend declared - CNBCTV18

Bank of Maharashtra's March quarter net interest income (NII) improved 18.2% to ₹2,584 crore from ₹2,187 crore in the year ago period.

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Nestle India shares drop 2% after Q4 results. Buy, sell or hold? - The Economic Times

Nestle India's share price fell 2% to Rs 2,511.60 after Q4 results. Standalone net profit rose 27% to Rs 934 crore, revenue increased 9% to Rs 5,268 crore. Brokerages hold mixed views on the stock.

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Lok sabha elections: How stock markets behaved during last 4 Lok Sabha elections - Election rally - The Economic Times

Lok Sabha elections always create a buzz around the D-Street. Over the long term, stock markets have generally exhibited positive returns despite short-term volatility related to elections. Volatility can work in both directions-upward and downward. While dow…

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EPF interest for FY2024: When will interest be credited and how to check balance - Hindustan Times

EPF interest for FY2024: According to EPFO, the process is on, and employees will get EPF interest credited to their accounts soon.

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Zensar Tech share price surges 12% after healthy Q4 result, upbeat management commentary | Mint - Mint

Zensar Tech share price has surged as much as 115 per cent over the last year. Equity benchmark Sensex has gained about 24 per cent in the same period.

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LTTS shares plunge 10% on muted Q4 performance - The Economic Times

The companys EBIT margin stood at 17.1% for the quarter ended March and the board has recommended a final dividend of Rs 33 per share.

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Tech Mahindra shoots up over 12% on 15% EBITA growth guidance by FY27; Find out what brokerages say? - The Financial Express

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Mynavi acquires majority stake in HRtech startup Awign - Entrackr

Awign, a work-as-a-service platform, has announced a strategic majority stake acquisition in an all cash deal from Mynavi Corporation.

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xAI, Elon Musk’s OpenAI rival, is closing on $6B in funding and X, his social network, is already one of its shareholders - TechCrunch

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Tata Electronics investing in high-tech machines to manufacture iPhone casing, plans 40 production lines in Tamil Nadu | Mint - Mint

Tata Electronics, an arm of Tata conglomerate, has recently taken a bold step in India's tech sector by initiating a partnership aimed at localizing the production of iPhone casings. This move signifies a shift from reliance on China.

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IndiGo’s new Airbus order: What it means for India’s largest airline - Hindustan Times

IndiGo - the country’s largest carrier, has “agreed” to place a firm order for 30 A350-900 aircraft with Airbus.

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F&O Ban List: Vodafone Idea enters trade ban on Friday. SAIL, 2 more stocks move out - The Economic Times

The F&O contracts of any stock enter the ban period when the open interest (OI) on it crosses 95% of the market-wide positions limits or MWPL. The ban is reversed only if the open interest falls below 80%.

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Tesla’s India electric vehicle plans on track despite Musk postponing visit - South China Morning Post

The electric vehicle maker is expected to build a base in India given the country’s importance as a sales market, analysts say.

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Vedanta share price target: Brokerages raise targets on Vedanta stock post-Q4; should you buy now? - Zee Business

Vedanta share price target: Anil Agarwal-led Vedanta shares remained on focus on Friday, April 26 after the Vedanta stock got big target upgrades from global brokerages following the mining conglomerates Q4 earnings report.

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Indian Parents Turn Wary Of Nestles Cerelac Baby Cereals Amid Sugar Row - NDTV Profit

Parents are caught in a bind as the baby food was said to contain high amounts of sugar.

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Food companies view India as the new Wild West - ETBrandEquity

Baby foods have sugar added to them, protein powders don’t have enough proteins and our good old spices could have ingredients that are carcinogenic. ET’s Kiran Somvanshi spoke to New York-based award-winning journalist Michael Moss whose investigation of the…

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Q4 2024 Quarterly Results Today 26th April: Dividend, earnings announcement schedule - FULL LIST - ET Now

Q4 2024 Quarterly Results Today 26th April: As many as 38 companies, including Bajaj Finserv, Maruti, HCL Technologies, SBI Cards, and SBI Life Insurance among others are scheduled to announce their earnings for fourth quarter of fiscal year 2024 today.

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Explained: 17,000 ICICI Bank credit cards blocked after data breach - Business Standard

An old user was apparently able to get a look into a newly-acquired credit card customer's details because of the wrongful mapping, but the reverse was not possible.

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Stock Market Today: Top 10 things to know before the market opens - Moneycontrol

Trends in the GIFT Nifty indicate a positive start for the broader index in India, with a gain of 87 points or 0.39 percent.

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Dividend Alert: Second-worst performer on the Nifty IT in 2024 declares its best ever payout - CNBCTV18

Shares of Mphasis have declined 19% so far in 2024, underperforming the Nifty IT index, which has declined 5.5%.

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Current Affairs 26 April 2024 - AffairsCloud.com

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Rising US yields spark concerns for global equities amid economic uncertainty. What this means for Indian... - Moneycontrol

Investors react to unexpected inflation surge and sluggish GDP growth, fearful of stagflation