On Wednesday, Aditya Vision closed at Rs 4,572.95, up by Rs 93.75 or 2.09%. On Monday, it hit a 52-week high of Rs 4,800. Over the last 12 months, this stock has delivered multibagger returns of 186%. In 2024, its returns so far stand at 33%.
Swedish luxury carmaker Volvo Cars plans to exclusively launch electric vehicles in India after 2030. Volvo aims to introduce one new electric vehicle annually, starting with the EC30 in 2025. The market for electric cars in India, though currently small, is growing rapidly. Volvo holds a significant share in the luxury EV segment in India and sees potential for further growth in the country's luxury vehicle market.
Insolvency appellate tribunal NCLAT on Wednesday said it will wait for the decision of lenders on a revised settlement offer by Supertech Realtors, which is developing a residential apartment, offices, retail and luxury hotels at its Supernova project. NCLAT also directed the Interim Resolution Professional (IRP) not to constitute a Committee of Creditors. However, it said the construction work for the project would be continued under the supervision of IRP.
Reliance Industries was the top contributor adding 1,927 points. The country’s largest company by revenue and market capitalisation gained 26.3% since December 11, 2023 when the Sensex had touched 70,000 for the first time.
In a filing to the BSE, the company said the aluminium output grew 3 per cent to 5,96,000 tonnes in the first quarter over the year-ago period, Vedanta said in a filing to BSE. At Zinc India, the saleable metal output grew to 2,62,000 tonnes over 2,60,000 tones.
Real-time data from the flight tracking portal, Flightradar24 revealed that over 5,252 users were closely monitoring the journey of 'AIC24WC', symbolizing India's triumphant return after clinching the T20 World Cup 2024.
This first centre of the company in Bihar will focus on the delivery of IT and engineering services for hi-tech and semiconductor companies.
Majority of the Sensex constituents now trade above their respective long-term average valuations. It means investors need to be selective while accumulating blue chip stocks.
The joint military exercise 'Nomadic Elephant' between India and Mongolia kicked off in Umroi, Meghalaya, to enhance military capabilities for counter-insurgency missions under UN mandate. The 16th edition involves a 45-member Indian contingent from Sikkim Scouts Battalion and personnel from other services, alongside the Mongolian 150 Quick Reaction Force Battalion. The exercise, focusing on semi-urban and mountainous terrains, includes tactical drills like response to terrorist actions and cordon and search operations... Читать дальше...
According to the CDC, Hawaii has registered a substantial rise in the number of people diagnosed with COVID-19, however, Arizona, New Mexico, Florida and Washington have comparatively less number of such people. The numbers for emergency room admissions and deaths have also gone up.
Assam and Manipur grapple with devastating floods, leading to casualties and extensive damage, while authorities mobilize resources for relief efforts amidst challenging weather conditions.
Benchmark BSE Sensex breached the historic 80,000 level intraday for the first time while Nifty raced more than 162 points to close at a fresh lifetime high on Wednesday following heavy buying in banking and FMCG shares amid firm global market trends. Bulls have regained control from bears. This shift in sentiment has once again favored long trades in the market.
The government's robust procurement efforts, exceeding targets in wheat and paddy, have significantly bolstered food security. FCI's strong storage infrastructure ensures the maintenance of adequate food supplies, benefitting millions of farmers across the country.
US Vice-President Kamala Harris has emerged as the front runner among all Democrats to replace Joe Biden, if the party decides to replace him on the ballot box. Her administrative experience and political acumen favor her as compared to other candidates.
Lionel Messi's Argentina will play Ecuador in Copa America 2024 quarterfinals. Messi's injury update has also been revealed by Argentina team management.
Aman Singh was arrested in the NEET-UG paper leak case from Dhanbad, Jharkhand. CBI's FIRs include paper leakage, candidate impersonation, and examination irregularities referred by Union Education Ministry. NEET-UG by NTA is for admissions to MBBS, BDS, AYUSH, and related courses.
Volkswagen launched its first brand store in Tamil Nadu, rebranding its used car business to 'Volkswagen Certified Pre-Owned' cars, aiming to offer customers high-quality, reliable vehicles with comprehensive inspection processes and warranty coverage. With 139 touchpoints nationwide, including 36 exclusive outlets, Volkswagen plans to expand by March 2025. The strategic rebranding leverages the brand's strength and trust, with the popular sedan 'Virtus' driving sales in Tamil Nadu.
Shrikant Chouhan, Head Equity Research at Kotak Securities, stated that as long as the index traded above 24,200/79,600, the bullish structure was likely to continue. Above this level, the market could rally up to 24,400/80,200, and further upside was possible, which could lift the index up to 24,500/80,500.
Chaos ensues at Bhole Baba's overcrowded congregation, leading to a tragic stampede. The godman shifts blame to 'anti-social elements' and faces canceled events amid scrutiny.
Protests in Karnataka escalate over alleged MUDA scam, demanding CBI inquiry. Demonstrators call for CM's resignation amid accusations of irregular site allocations and corruption. The controversy expands to Mysuru district, with protests planned inside the state legislature. Allegations of corruption involve the managing director of the Valmiki Scheduled Tribes Development Corporation.
The Union housing and urban affairs ministry has announced an extension of the Smart Cities Mission deadline until March 2025, allowing completion of ongoing projects. This comes after requests from states facing delays. As of July 3, 2024, 100 cities have completed 90% of projects worth Rs 1,44,237 crore, with remaining projects in advanced stages. The allocated budget of Rs 48,000 crore has seen 97 per cent released by the Union government, with 93 per cent funds utilised.
Fourth of July celebrations are just on the brink, and people in the US are in a rather jovial mood due to all the festive plans and events around this occasion of US Independence Day 2024. However, this day being a federal holiday, will see some major operations staying closed.
The meeting addressed various banking challenges including credit-deposit ratio, cybersecurity, and digital frauds. Governor Das emphasized the need for robust cybersecurity controls and customer awareness initiatives to curb digital frauds.
Dice, an enterprise spend management startup, has raised $ 5 million in a funding round led by VC firm Dallas Venture Capital. The company will use the fresh capital for its go-to-market initiatives, like strengthening market penetration and customer outreach.
In its quarterly update announced on Wednesday after market hours, Bajaj Finance stated that it has resumed loan sanctions and disbursals under the ‘eCOM’ and ‘Insta EMI Card’ programs, as well as the issuance of EMI cards, following the RBI's removal of restrictions on these activities on May 2, 2024.
