DSV and CVC emerge as top contenders for DB Schenker after Maersk exits. The potential deal could reshape Euro logistics, with Deutsche Bahn aiming to modernize operations through the sale.
Allied Blenders, post IPO debut, saw a 14% premium. The company holds 8% IMFL market share in India. Revenue grew by 9% and profit after tax by 50%. Facing financial volatility, it expanded the product portfolio with a strong brand presence.
State Department Deputy Spokesperson Vedant Patel made the remarks on Monday at his daily news conference in response to a question on US-India relations and the recent conversation between President Joe Biden and Prime Minister Narendra Modi on the sidelines of the recent G7 Summit in Italy.
Passively managed MF schemes replicate an underlying index such as ETFs and index funds where portfolios of index funds can be easily tracked. Active fund schemes requires expert fund managers who define investment philosophy and select securities.
After Gandhi's comments, Goa CM Sawant termed the Congress as arrogant. "This is INC's Nafarat ki Dukan! Calling Hindus 'Hinsak' is a brazen insult, disrespect towards Hindus. LoP @RahulGandhi must apologise, to the the House and Crores of Hindus all over the world," Sawant said on his X handle on Monday.
Global sea transport sees a surge in activity due to geopolitical disruptions and attacks in the Red Sea. Vessels reroute to avoid conflict zones, impacting carbon emissions.
The Commission shall make recommendations to the matters such as the principles governing the distribution between the State of Assam and the Panchayats and the Municipalities of the net proceeds of taxes and duties levied and collected, the measures needed to improve the financial position of the Panchayats and Municipalities, any other matter referred to the State Finance Commission by the Governor in the interests of sound financial position of the Panchayats and Municipalities among others.
On July 1, the closing prices of three stocks within the Nifty500 pack surged more than 2% compared to the Volume Weighted Average Price (VWAP).
Stakeholders in India are focused on democratizing AI benefits and reaching a $7 trillion economy by 2030 through the Digital India mission. An open innovation ecosystem with robust governance is crucial for accelerating AI adoption responsibly and unlocking the nation's economic growth potential.
In a press release, MEA stated, "At the Summit, the leaders are expected to review the organization's activities over the past two decades and discuss the state and prospects of multilateral cooperation. Topical issues of regional and international importance are also expected to be discussed at the meeting."
Indian brokers saw a decline in shares following regulators' move for uniform charges, affecting firms like Angel One. Exchanges charging standard rates, with high-turnover brokers like FYERS gaining from lower fees.
Hero MotoCorp Ltd., incorporated in the year 1984, is a Large Cap company (having a market cap of Rs 111850.22 Crore) operating in Auto sector.
India's aviation sector embraces cutting-edge AI solutions to enhance customer experience, optimize operations, and propel efficiency, revolutionizing the industry dynamics.
Mahindra & Mahindra Ltd., incorporated in the year 1945, is a Large Cap company (having a market cap of Rs 356986.04 Crore) operating in Auto sector.
On July 1, the closing prices of four stocks from Nifty500 dropped by more than 1.5% relative to the VWAP.
The India Meteorological Department (IMD) predicted that on July 2, parts of south Gujarat and Saurashtra may receive very heavy rains in isolated places, while heavy rain will lash several parts of north Gujarat, central Gujarat, and the Saurashtra region.
R R Kabel Ltd., incorporated in the year 1995, is a Small Cap company (having a market cap of Rs 19862.31 Crore) operating in Consumer Durables sector.
Prime Minister Narendra Modi will address the National Democratic Alliance's (NDA) parliamentary party meeting on Tuesday. This will be the first session of Parliament since PM Modi assumed office for a third consecutive term. Notably, this meeting marks PM Modi's first speech to the MPs of the ruling bloc in this new term.
Stove Kraft Ltd., incorporated in the year 1999, is a Small Cap company (having a market cap of Rs 2138.28 Crore) operating in Consumer Durables sector.
Goldman Sachs and UBS recommend buying IndiGo and L&T, respectively. Emkay Global sees growth opportunities in Epigral, while DAM Capital is optimistic about Anant Raj's data center potential and realty projects. Overall, the brokerage firms are positive about the long-term prospects of these companies.
Bajaj Electricals Ltd. key Products/Revenue Segments include Consumer Durables, Contract Revenue, Scrap and Other Operating Revenue for the year ending 31-Mar-2022.
Beryl made landfall on the island of Carriacou in Grenada as the earliest Category 4 storm in the Atlantic, then late in the day the National Hurricane Center in Miami said its winds had increased to 160 mph (260 kph). Fluctuations in strength were likely in the coming days as the storm pushed further into the Caribbean.
V-Guard Industries Ltd., incorporated in the year 1996, is a Mid Cap company (having a market cap of Rs 18852.35 Crore) operating in Consumer Durables sector.
Tata Motors stock shows strong bullish momentum supported by technical indicators, suggesting potential upside movements with a Bull Call Spread options strategy for traders anticipating a moderate rise in price.
