UPM will be utilising this space in ESR Taloja Industrial & Logistics Park to serve its growing customer base in India and achieve higher efficiency in their operations.
Samsung anticipates that generative AI will be integrated into over 200 million smartphones by the end of the year, spurred by the launch of its latest foldables and wearable devices, according to TM Roh, the head of the company's mobile business.
Candidates aggrieved by Lok Sabha and assembly results have options to select EVMs from any polling station within an assembly segment for verification, including mock polls and VVPAT counts. The Election Commission's SOP aims to ensure transparency and eliminate suspicions of EVM tampering, responding to eight applications for verification post-elections.
Since January, twelve security personnel, including an Army captain and civilians, have died in terror attacks in the Jammu region. A recent surge in incidents have been reported particularly in border districts. The attacks have also left several people injured and resulted in the deaths of five terrorists, with a chronology of incidents including encounters, ambushes, and attacks on security posts in various districts since April.
Sahaj Solar finalizes IPO allotment soon. Check status on Link Bigshare via Kfin Technologies. Shares premium Rs 240, suggesting 90% gains. The Rs 52 crore IPO at Rs 180 was subscribed 472 times, selling 29.2 lakh shares. Funds for public offer. Sahaj Solar offers PV module manufacturing, pumping systems, EPC services in renewable power. Kunvarji Finstock is the lead manager.
In Q2 2024, Mukul Agarwal added Lux Industries, while trimming stakes in Indian Metals & Ferro Alloys, Ethos, and Apollo Pipes. He increased positions in Hind Rectifiers and ISMT. Lux Industries saw 52% returns. Hind Rectifiers and ISMT yielded 147% and 95% annual returns. His diversified portfolio, including Radico Khaitan and Ceat, is valued at Rs 5,825.3 crore by Trendlyne.
The Indian automotive industry anticipates the need for up to 2 lakh skilled personnel by 2030 to achieve the government's goal of 30 percent electric vehicle adoption. This projection was announced by the Society of Indian Automobile Manufacturers (SIAM) on Tuesday. An investment of Rs 13,552 crore is expected to be allocated for hiring and training this workforce.
LTIMindtree's Q1 results on July 17 likely show 2% quarterly, 4% yearly revenue growth, 5% PAT rise. March quarter net profit fell to Rs 1,100 crore, revenue rose to Rs 8,893 crore.
Stock markets will be closed on July 17 for Muharram. BSE and MCX to observe the holiday.
The scheme is benchmarked against Nifty India Defence - TRI, which provided a return of 146.17% in the last nine months. Over the past three and six months, the scheme delivered returns of 60.66% and 87.04%, respectively. In the last one year, the scheme has achieved a return of 187.42%.
Asian Paints' Q1FY25 results, projected for July 17, 2024, anticipate revenue of Rs 9,053-9,311 crore and PAT of Rs 1,409-1,526 crore, indicating a 9% YoY decline but a 21% QoQ rise. EBITDA margins range from 21.3% to 22.5%.
The sugar industry in the country is experiencing difficulties due to the Centre not increasing the Minimum Support Price (MSP) for the past five years, according to a representative from a sugar units federation on Tuesday.
The company's retail network now spans over 1,850 stores, including over 500 franchise stores, 650 plus sneaker studios, and over 125 Hush Puppies stores. Its distribution network has also expanded to over 1,500 towns, and with technology in-store availability increasing to 72 per cent, the company said.
If looking for investing in a bank, which would be better stock to own. A bank which after a period of four years has once again paid dividend last year or a bank, which in the last five years have missed dividend only in FY 2020, which was covid year. Yes, second one, but most investors don't look at these things which in the long run matter both for the real business and finally the stock price. Similarly, there are many small things which need to be looked at when investing in a mid cap stocks... Читать дальше...
Tamil Nadu Chief Minister MK Stalin convened an all-party meeting to address Karnataka's reluctance to release Cauvery water, as recommended by the Cauvery Water Regulatory Authority (CWRA). The meeting unanimously condemned Karnataka's stance and resolved to pursue legal avenues if necessary. CM Stalin emphasized the critical need for Cauvery water for Tamil Nadu's agriculture and expressed readiness to approach the Supreme Court again to secure the state's water rights.
Hanto Workspaces, a managed office real estate solutions firm, has expanded its presence in Bangalore by leasing an additional 1 lakh square feet of premium workspace. This expansion brings the company's total managed workspace in the city to 2 lakh square feet. Alongside this development, Hanto Workspaces is planning to lease 2 lakh square feet of workspace in Hyderabad and Pune, marking its entry into these new markets.
Union Budget 2024 Survey: Among the findings of the ET Online budget survey, some of the more significant were the ones about the elephant in the room, the best thing about India at the moment and the one big risk factor, and the reform India wants FM Nirmala Sitharaman to bring first.
HDFC Life Insurance Company reports a strong Q1FY25 with a 15% YoY growth in net profit. Brokerages maintain buy ratings with target prices ranging from Rs 765 to Rs 819. The company faces challenges but remains optimistic about future growth.
Samsung sees India as a key market, with Noida and Bengaluru among its largest R&D centers. At Samsung Unpacked 2024, President TM Roh emphasized ongoing partnerships with Indian component suppliers and the importance of the Indian market for manufacturing. The event showcased new products, including foldable smartphones and the Galaxy Ring, highlighting India's growing influence in Samsung's operations.
Sebi introduces a unit-based employee benefit scheme for REITs and InvITs, allowing managers to grant unit options to employees. The rules, effective from July 12, aim to provide benefits without additional costs to the trusts. The scheme requires disclosure and follows insider trading rules.
The Delhi High Court extended the Centre's deadline to July 25 for AAP's office allocation. Supreme Court extended AAP’s Rouse Avenue stay until August 10. Justice Narula denied further extensions. The March order first gave AAP time until June 15. The Centre cited tasks. AAP seeks land per policy via filed petitions.
Budget expectations: The third phase of the FAME scheme for electric vehicles is nearing completion, but it won't be included in the upcoming Union Budget. The preparatory work is based on recommendations from various ministries, signaling a continued focus on green mobility. Industry stakeholders eagerly anticipate the new phase's implementation for further promoting electric and hybrid vehicles in India.
A total of 1,317,349 shares changed hands on the counter till time (IST).
Four Indian Army soldiers, including an officer, were killed in an encounter with terrorists in Doda district, Jammu and Kashmir, on Monday. This marks the 48th loss of Army personnel in the region over 32 months. Recent attacks show terrorists targeting the previously peaceful Jammu region. Prime Minister Modi has reviewed security, directing enhanced counter-terrorism measures.
