Defying negative cues from Asian peers, Indian benchmark equity indices Nifty 50 and Sensex ended at a fresh closing record high on Monday, led by gains in SBI, NTPC, and auto stocks.
The NSE Nifty index closed 84.55 points up at 24586.7
The public offers of Northern Arc Capital and Shree Tirupati Balajee Agro Trading were approved by the capital markets regulator Sebi, according to the filings.
Hindustan Unilever's board approved selling its water purification business, Pureit, to A.O. Smith India Water Products for $72 million. The sale, conducted on a slump sale basis, follows the board's approval for divestment.
IMD forecasts active monsoon with heavy rainfall in Peninsular and Central India, affecting Tamil Nadu, Vidarbha, Odisha, Coastal Karnataka, Andhra Pradesh, Telangana, Rayalaseema, Uttarakhand, East Rajasthan, West Madhya Pradesh, and Konkan.
Seth visited the HAL facilities here and while addressing HAL's top management, he assured the company of government support. He called upon the Bengaluru-headquartered company to ensure that the various challenges in design and development as well as production and delivery are addressed in time to contribute to achieving Viksit Bharat as envisaged by the government.
Also, from a populist versus fiscal prudence, I would say that fiscal prudence will take the precedence but some populist measures which will be there which should augur well for the economy from a rural side, lower end of consumption strata. So, those are the things which we are expecting from this Budget.
The 30-share benchmark index jumped 145 points to settle at 80,665. The broader NSE Nifty gained 84 points to strengthen its hold above 24,580. From the Sensex pack, SBI, NTPC, and UltraTech Cement were the top gainers, rising 2-2.5%. M&M, Bajaj Finance, Tata Motors, and Maruti Suzuki also closed with gains
As the hearing commenced, senior advocate Mukul Rohatgi, appearing for Shivakumar, submitted that the investigation in the matter started without obtaining the sanction under Section 17A of the Prevention of Corruption Act.
In its report, submitted to the ministry of new and renewable energy, the Aayog has raised alarm over cyber security issues due to import (specially from China) of the wind sector components by wind turbine original equipment manufacturers (OEMs) and suggested the need to examine power power controller (PPC) OEMs of foreign origin especially neighboring countries to minimise cyber security related challenges.
President of the Kedarnath Dham Trust Surinder Rautela said, "The Kedarnath temple being built in Delhi is a project undertaken by the Shri Kedarnath Dham Trust, Delhi. It is independent of the Uttarakhand government. Uttarakhand Chief Minister Pushkar Singh Dhami attended the Bhoomi Pujan at our invitation, but the project is supported by trustees, many of whom are from Uttarakhand."
London court rules in favor of InterDigital and Avanci, dismissing Tesla's bid for a patent license for 5G vehicles in the UK. Judge allows Tesla to continue claim to revoke three of InterDigital's patents. Legal battle ongoing.
Any engagement that continues on a national level with Russia, given how important an energy producer it is, will benefit Indian oil and gas companies and that is what some of the market seems to be factoring in that optimism going forward for the next 12 to 18 months, says Probal Sen.
At Anant Ambani and Radhika Merchant's wedding, Nita Ambani wore an exquisite pink lehenga with a matching blouse that honoured family, love and the finest craftsmanship.
HDFC AMC Q1 Results: In the recent quarter, the consolidated profit after tax saw a notable increase of nearly 12% compared to the previous quarter. Additionally, revenue experienced a 12% sequential rise from Rs 695 crore reported in the same period last year. HDFC AMC also recorded revenue from other income amounting to Rs 173 crore.
Rupee ends lower pressured by weaker yuan; Fed Powell's remarks in focus.
Paneer kebab recipe: Perfect for vegetarian food lovers, paneer kebabs can be enjoyed as appetisers, party snacks, or even as a main course.
In June, mutual funds invested Rs 282 billion in Indian markets, buying largecaps like Reliance Industries and HDFC Bank. Midcaps included Mphasis, Indus Tower, ZF Commercial Vehicles; smallcaps included Aster DM Health, Sharda Motors. Crompton Greaves saw selling; Persistent System reduced. Three months' buys: Reliance, Hindustan Unilever, Lloyds Metals. New entries involved Stanley Lifestyle.
In its March 11 order, the high court order had directed the Archaeological Survey of India (ASI) to carry out a survey of the Bhojshala complex within six weeks. A bench of Justices Hrishikesh Roy and SVN Bhatti agreed to consider listing the matter after advocate Vishnu Shankar Jain, appearing for the Hindu petitioners, submitted that the ASI has already filed its report.
Swiggy has cumulatively enabled over Rs 1,000 crore of Esops liquidity over the five events, benefiting more than 3,200 employees. Girish Menon, head of HR at Swiggy said, the latest Esop event is to acknowledge employees’ contributions and the food platform’s commitment to sharing its success and growth with them.
Controversy around Pooja Khedkar's certificate emphasizes delays in updating the 'OBC creamy layer' ceiling from Rs 8 lakh to Rs 15 lakh. Impacted are backward classes and government employees. February 2023 saw no update, and resistance exists for income criteria changes. Overdue ceiling revisions affect 27% OBC quotas, surprising the Modi government.
