India navigates the financing challenges of electric vehicles (EVs) amidst climate change fervor. While electric passenger vehicles (e-PVs) benefit from competitive rates akin to Internal Combustion Engine (ICE) vehicles, e-two-wheelers face higher rates due to brand and credit profile variances. EV financing sees cautious optimism amid evolving battery concerns and nascent resale markets, with recent rate adjustments by banks and non-banking financial companies (NBFCs)
Indian golfing stars Aditi Ashok and Diksha Dagar qualify for Paris Olympics via world rankings. They join Shubhankar Sharma and Gaganjeet Bhullar to form India's four-member team for the event from July 26 to August 11.
South India-based real estate developer Sumadhura Group aims for a significant increase in turnover to Rs 5,000 crore by 2024-25, introducing a new logo and tagline "Foundation of Happiness" to reflect their growth strategy and commitment to providing diverse living experiences.
Prime Ministers Narendra Modi and Sheikh Hasina announced plans to enhance regional connectivity at a summit on Saturday. The initiative aims to link the Himalayan states of Bhutan and Nepal with Bangladesh for improved business and investment opportunities in the Bay of Bengal region.
Ambuja Cements, a subsidiary of the Adani group, has won 24 bids for new limestone mines with a total resource of 587 million tonnes. The company aims to have a capacity of 140 million tonnes per annum by 2028, with sufficient cash to achieve this through brownfield expansion and acquisitions. The company recently acquired Hyderabad-based Penna Cement, adding 14 MTPA to its capacity to 89 MTPA.
The ruling Congress is strategizing to win three vacant seats due to MLAs' election to the Lok Sabha. Concerned about BJP-JDS partnership's voter acceptance, Congress aims to boost its political standing after a poor LS poll performance.
Route Mobile has partnered with Billeasy E Solutions to offer WhatsApp-based metro rail ticketing services in Nagpur, Hyderabad, and Pune, expanding to four Indian cities including Delhi. Users can chat with the metro's WhatsApp account, select stations, purchase tickets, and receive QR codes. Route Mobile's shares rose 13.59% to Rs 1,737 on the BSE.
The Cable TV Operators Association of Andhra Pradesh affiliated members have blocked the carriage of signals from Sakshi TV, a member of the NBDA, and three other news broadcasters, namely, TV9, NTV, and 10TV for allegedly criticising Naidu's Telugu Desam party (TDP).
The Directorate General of Trade Remedies (DGTR) has recommended the extension of countervailing duties on welded stainless steel pipes and tubes from China and Vietnam to protect domestic players, citing the risk of harm to the local industry if the duty is lifted, proposing a duty of up to 29.88%.
Despite India's progress in banking access, micro and small business units, marginal farmers, and self-help group members still lack institutional credit and comprehensive financial services, as highlighted by the Reserve Bank of India.
Despite India's progress in banking access, micro and small business units, marginal farmers, and self-help group members still lack institutional credit and comprehensive financial services, as highlighted by the Reserve Bank of India.
The Goan coastline, with its golden sands, sun-kissed islands, thick mangroves, and blue skies, is an enticing location.
The increase in credit costs has been an issue which has been bothering banks, some more, some less. Even the chairman of India’s largest bank had to come out and give a statement regarding it. However the question arises when these headwinds which are periodic in nature and part of the business cycle hits any sector what should be done. Should one move out of the sector? Should one continue to stay invested or should one buy more of the stock of that sector. The answer is dependent on one simple... Читать дальше...
Sectors like capital goods, industrials, power and auto stocks saw considerable buying while oil & gas, energy and metal stocks saw selling pressure.
Kalyani Invst, Peria Karamalai Tea, Zodiac Clothing, Vardhman Hold and Naga Dhunseri Group, hit their fresh 52-week highs during the day.
India is set to host the International Sugar Organization (ISO) Council Meeting from June 25-27, bringing together delegates from over 30 countries to discuss critical issues in the sugar and biofuel sectors. India, the world's largest consumer and second-largest sugar producer, has been nominated to chair the ISO for 2024.
Shopper Stop plans to open 60 new INTUNE stores this fiscal, aiming to capitalize on mass premium opportunities in India's value fashion sector. With strategic investments in merchandising and analytics, the retailer is expanding its private labels and beauty brands to cater to evolving consumer preferences and growing brand consciousness.
ETFs now constitute close to 13% of the total Mutual Fund Industry AUM indicating the remarkable adoption of ETFs by retail investors in India, according to a study by Zerodha Fund House.
The 30-share BSE Sensex closed up 131.18 points at 77341.08
Princess Anne, King Charles' younger sister, suffered minor injuries and concussion. She is in hospital for observation and is expected to recover swiftly.
As part of this merger, Sun Pharma acquired all outstanding ordinary shares of Taro other than the shares already held by Sun Pharma or its affiliates. As a result of the merger, Taro will be delisted from the NYSE and it becomes a privately held company 100% owned by Sun Pharma.
Amid opposition claims that the country's constitution is in danger, JD(U) leader Lalan Singh dismissed the accusations, stating that the opposition seeks government intervention to impede constitutional bodies from taking action against wrongdoers. Prime Minister Modi criticized the emergency period of June 25, 1975, emphasizing the importance of upholding democracy.
The Anti-Terrorism Squad (ATS) in Maharashtra's Latur district has apprehended a Zilla Parishad school teacher and filed charges against four individuals. This follows the discovery of an alleged scheme aiding NEET candidates in passing the exam for a fee, according to police reports on Monday. Among those implicated by the Nanded ATS unit are two teachers from Latur, a Nanded resident, and a Delhi-based individual.
