News Api India Business

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Indian Stock Market To See Rally After June 4, PSU Shares In Focus: PM Modi - News18

Modi’s assertion about the markets follows similar assurances from three senior cabinet ministers regarding market stability

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Stock Radar: Lupin, Patel Engineering, Trident, Ujjivan SFB, SAIL, India Cements in focus on Tuesday - Moneycontrol

BHEL, Metropolis Healthcare, Aether Industries, Eris Lifesciences, GPT Healthcare, Greenply Industries, GSFC, IRCON International, JK Tyre, Laxmi Organic Industries, and PI Industries will release March quarter earnings on May 21.

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Q4 results: SAIL posts drop in profit on softer steel prices, higher costs | Mint - Mint

The state-owned firm’s consolidated net profit for the quarter ended March 31 declined to ₹1,126 crore from ₹1,159 crore a year earlier

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Rs 81784 crore order book: Keep an eye on this President of India backed-multibagger aerospace & defence stock; PAT zooms over 50 per cent - Dalal Street Investment Journal

The stock gave multibagger returns of 217 per cent in just 1 year and a whopping 825 per cent in 3 years.

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Gold Price Outlook: Precious Metals Pullback from Intra-Day Highs - DailyFX

Gold achieved another all-time high as silver surpassed highs not seen since 2013. The precious metals eased thereafter as Fed officials distance themselves from rate cuts

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Government takes action against Everest and MDH over ethylene oxide contamination | Mint - Mint

The government has conducted inspections at the two companies and recommended corrective measures after tests revealed elevated levels of the cancer-causing chemical in products exported to Singapore and Hong Kong, said officials familiar with the matter.

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Primary Market Action: 2 IPOs opening for subscription, 8 listings scheduled this week - Moneycontrol

There will be lot of action in the SME segment as total seven companies will list their shares with ABS Marine Services, Veritaas Advertising, and Mandeep Auto Industries making their debut on the NSE Emerge on May 21

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Bengaluru airport: Now, cabs need to pay Rs 150 for entry, private vehicles to pay fee beyond 7 mins - Moneycontrol

Chaos erupted at Bengaluru airport today following the sudden introduction of entry fees without any prior notice.

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Ramesh Damani, Nilesh Shah, others weigh in on post-election market outlook as Mumbai goes to vote - Moneycontrol

Veteran investors including Ramesh Damani, Hiren Ved, Atul Suri, Nilesh Shah and Sridhar Sivaram, after casting their votes, shared their expectations and the sectors poised for continued growth

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Rs 65000 crore order book: This multibagger railway infra company bags new order worth Rs 1482689066.54 from South Eastern Railway - Dalal Street Investment Journal

The company has a market cap of over Rs 62,000 crore and the shares of the company have an ROE of 21 per cent and an ROCE of 18 per cent.

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IRFC Q4 dividend: Indian Railway Finance Corporation announces dividend alongwith Q4 earnings; check detail... - Zee Business

The state-owned company reported a 34 per cent rise in its profit to Rs 1,717.3 crore for the March 2024 quarter on account of higher income. It had clocked a profit of Rs 1,285.2 crore during the fourth quarter of the last fiscal.

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Oil India Q4 net profit falls 10% sequentially to Rs 2,333 cr, announces bonus issue - Moneycontrol

Oil India’s board also recommended issue of bonus shares in the ratio of 1:2 i.e. one equity share of Rs 10 each for every two existing equity shares of Rs 10, each fully paid up subject to the approval of shareholders.

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Maintain buy on dips strategy as Nifty to test 23,000, pick these 3 stock ideas for short term - Moneycontrol

NIfty is expected to test the upper band of this channel, around 23,000 or higher. Consequently, the recommendation remains to buy on dips, at least until the elections

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Elon Musk goes to China & Indonesia, eyes Lanka trip after cancelling India visit. Why Tesla CEO's itinerary matters | Mint - Mint

Within a month after cancelling his India visit, Elon Musk visited China and Indonesia, and his next trip to Sri Lanka is on the cards. However, India is still awaiting Tesla's response to its plans to enter the Indian market.

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First Mover Americas: BTC, ETH Little Changed Ahead of Ether ETF Decision - CoinDesk

The latest price moves in crypto markets in context for May 20, 2024.

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Viral: Man Claims He Got Different Pricing For Same Location On Swiggy Instamart, Company Responds - NDTV

A viral post that has X abuzz shows how a user allegedly found differences in prices of products to be delivered to the same location via Swiggy Instamart.

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RBI cracks whip on co-lending deals, writes to at least 4 banks advising caution - Moneycontrol

The regulator’s concern is understood to be about the poor underwriting standards of loans in some cases and potential asset quality issues in loans originating through such channels.

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Trade setup for Tuesday: 15 things to know before opening bell - Moneycontrol

Experts see the Nifty 50 moving towards 22,600 in the immediate term and then 22,800 in the coming weeks, with key support at 22,300-22,200 levels.

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PM Narendra Modi Lauds Banking Sector As Profit Crosses Rs 3 Lakh Crore - News18

For the first time, banks' profits surpassed Rs 3 lakh crore in FY 2023-24, marking a 39% year-on-year growth.

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Several Wall Street brokers raise price targets on Nvidia stock into earnings - Investing.com

Several Wall Street brokers raise price targets on Nvidia stock into earnings

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Honda Stylo 160 design patented in India - BikeWale

The Stylo 160 is on sale only in Indonesia where it was introduced earlier this year.

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Flipkart’s SVP Prabh Simran Singh and VP Sankalp Mehrotra set to quit - Moneycontrol

With the departures, Singh and Mehrotra join a growing list of other senior executives like Sandeep Kohli, Amitesh Jha, Bharath Ram, Ayyappan R and Dheeraj Aneja who have all left Flipkart in the past few months.

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Wabtec Inaugurates New Manufacturing Campus in Rohtak India - Wabtec Corporation

ROHTAK, Haryana, May 20, 2024 — Today, Wabtec Corporation (NYSE: WAB) inaugurated its new manufacturing campus in Rohtak, India. The new plant represents a $18 million (Rs. 150 crore) investment and will initially manufacture transit rail components and subsy…

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HDFC Securities bullish on healthcare sector; advises buying Apollo Hospitals, Medplus Health – here's why | Mint - Mint

HDFC Securities initiates coverage on healthcare stocks, with 'buy' rating for Apollo Hospitals and Medplus Health Services. It anticipates continuous expansion in India's healthcare sector, driven by various factors. It expects 11–12% CAGR in healthcare sect…

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2024 MG Astor Facelift Exterior & Interior Leaked Fully, Launch Soon - GaadiWaadi.com

2024 MG Astor will adorn cosmetic updates and interior changes while no mechanical revisions are expected; launch likely soon

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Vodafone Idea's AGR dues to plunge 46% if SC verdict on curative petition is favourable: Analysts - ETTelecom

Analysts estimate that a near 50% cut in Vi’s AGR liability could reduce its upcoming annual payments by around Rs 6,500 crore after the current moratorium on regulatory payments (read: spectrum and AGR dues) ends in September 2025. This, they said, could rin…

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Morgan Stanley throws in the towel: S&P 500 price target raised by 20% - Investing.com

Morgan Stanley throws in the towel: S&P 500 price target raised by 20%

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2024 Bajaj Pulsar F250 Launched In India At Rs. 1.51 Lakh - GaadiWaadi.com

2024 Bajaj Pulsar F250 continues to be powered by a 249 cc single-cylinder oil-cooled engine producing a power output of 24 bhp and 21.5 Nm

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Tata Motors' arms partner with Bajaj Finance to provide financing to passenger, EV dealers - Moneycontrol

Tata Motors Passenger Vehicles (TMPV) and Tata Passenger Electric Mobility (TPEM), subsidiaries of Tata Motors, have joined hands with Bajaj Finance to extend supply chain finance solutions to its passenger and electric vehicle dealers, the company said in a …

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TCS COO N Ganapathy Subramaniam retires effective May 20; CEO K Krithivasan on why the company is not hir - The Times of India

TECH NEWS : TCS' COO N Ganapathy Subramaniam retires after 40 years, no replacement planned, duties to be redistributed by CEO K Krithivasan. Krithivasan values N

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Top Mutual Funds: These are the best small-cap MFs to invest in 2024. Do you own any? | Mint - Mint

Here is a list of the top 10 small-cap mutual funds that delivered the best return in three years.

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AstraZeneca to build $1.5 billion cancer drug manufacturing plant in Singapore - Reuters

AstraZeneca plans to build a $1.5 billion manufacturing facility in Singapore to produce a promising category of cancer-killing drugs called antibody-drug conjugates (ADCs), the Anglo-Swedish drugmaker said on Monday.

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Silver prices near 11-year high: Can it become the new 'gold' for investors - CNBCTV18

Silver has witnessed a surge of nearly 11.29% or over ₹9,580 per kg so far this month.

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DLF to launch super-luxury project The Camellias 2 in Q3 FY25, each apartment to cost Rs 40 crore - Moneycontrol

The Camellias 2 project is spread across 17 acres of prime land in DLF Phase-5 and has a saleable area of around 5 million square feet

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Stock market people will get tired after June 4 election results, says PM Modi - The Economic Times

Indian Prime Minister Modi predicts a post-election rally could propel the market to new highs, with Sensex nearing a record peak. Amidst volatility, analysts advise focusing on long-term goals and quality stocks for navigating market fluctuations.

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Sneha Mahant Mehta is Marketing Head - US Polo Assn at Arvind Fashions - Exchange4Media

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Q4 Results Today: ONGC, SAIL, IRFC, India Cements Among 80+ Companies To Release Quarterly Earnings - NDTV Profit

Around 900 companies will announce their quarterly results this week.

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Upstox forays into insurance distribution - Entrackr

Upstox, premier wealth management platform, has announced its entry into the insurance distribution business.

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ONGC dividend 2024, Q4 results today: Date and time - ET Now

ONGC dividend 2024, ONGC Q4 Results 2024: The state-owned company has already declared dividends for its investors on two occasions in FY24, totalling Rs 9.75 per share. ONGC informed the bourses that the meeting of the Board of Directors of the company is sc…

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Supreme Court Waives Interest On Telecom Firms Licence Fee Dues - NDTV Profit

The court had ruled earlier that the variable licence fee, which is paid yearly, cannot be reclassified as a revenue expenditure.

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Global markets to strengthen recovery rally of domestic markets; Read to more - The Financial Express

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Pine Labs gets Singapore court approval to shift base to India - TechCrunch

A Singapore High Court has effectively approved Pine Labs' request to shift its operations to India.

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Genesis Set to Return $3B Customer Assets in Finalized Bankruptcy Liquidation Plan - CoinDesk

Bankruptcy claims began trading at 35% of account balance value when they were initially listed on claim trading marketplace Xclaim.

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BEL dividend 2024 announcement: Navratna PSU quarterly results today - Check details - Zee Business

BEL Dividend 2024 Announcement Expected Today: This Navratna PSU company has informed exchanges that its board of directors will meet today i.e. May 20, 2024.

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Quick commerce makes up third of dosa-batter maker iD's sales; grows 100 times in 2 years - Moneycontrol

Earlier Bigbasket was the largest online platform for ID, which was mostly a scheduled delivery model. But customers clearly have a preference for quick commerce and hence others have overtaken Bigbasket, says ID founder PC Musthafa

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Go Digit IPO allotment expected tomorrow: Check latest GMP, listing date, other key details | Mint - Mint

Go Digit IPO allotment on May 21, refund process from May 22. GMP trend at +22.50, suggesting a premium. Expected listing price at ₹294.5 per share, 8.27% above IPO price.

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Gold rates in Hyderabad hit all-time high, cross 75K mark - The Siasat Daily

The gold rates in Hyderabad today once again made a new all-time high record by crossing the 75 thousand mark.

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Multibagger Stock: Shriram Pistons & Rings gains 157% in a year, records over 500% growth in 2 years | Mint - Mint

Shriram Pistons & Rings: With a robust performance in Q4 and FY24, the company anticipates 5-7% growth in two-wheeler and passenger vehicle segments for FY25.

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Tata Power Share Price Target 2024, Renewable energy stock: UP 115% in 1 year; BUY? - ET Now

Tata Power Share Price Target 2024, Renewable energy stock: Tata Power, last week posted its financial results for the quarter and year ended on March 31, 2024. Brokerage firm ICICI Securities has shared its views on the company’s stock after the quarterly re…

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Vedanta, Suzlon, Hind Copper and other stocks to watch as copper prices top $11,000 a tonne to break March 202 - CNBCTV18

CNBC-TV18 Note: Suzlon, Vedanta, Hindustan Copper, and Havells are among the stocks that may react to global copper prices breaking a new record.

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Infosys CTO Tarafdar’s advice to engineering students: Master AI to stay ahead in the game - Moneycontrol

A crucial distinction between two roles is emerging in the IT workforce — the consumers and the creators of AI, Tarafdar said

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Sundar Pichai on what he likes to eat in India: 'Dosa in Bengaluru, in Delhi…' - Hindustan Times

On what he loves to eat while in India, Sundar Pichai picked his one favourite dish from each from Bangalore, Delhi and Mumbai.