India’s brightest young business leaders were felicitated at a glittering ceremony last week in Mumbai to mark the 10th edition of the ET 40 under Forty list.
A total of 216,244 shares changed hands on the counter till 11:16AM (IST)
Frankfurt airport in Germany temporarily suspended flights after climate activists blocked runways by gluing themselves to the tarmac. Last Generation activists demanded the German government help shape and sign a global agreement to regulate the phase-out of oil, gas, and coal by 2030. Similar disruptions were observed at other European airports, including Cologne-Bonn airport.
Telangana CM Revanth Reddy announced that his government would boycott the NITI Aayog meeting on July 27, protesting against alleged injustice in fund allocation by the central government. Reddy also challenged former CM K Chandrashekar Rao to join him in a Deeksha protest at Jantar Mantar, highlighting perceived discrimination in the Union Budget.
MMTC, STC India, Capital Trust, RPP Infra Proj and Worth Peripherals, hit their fresh 52-week highs at 11:15AM.
Parliamentary Affairs Minister Kiren Rijiju defended the Union Budget 2024-25 against opposition criticism, labeling it a "historical budget" with ambitious goals. Rijiju accused opposition leaders of politicizing the budget and insulting the democratic process. He emphasized that the budget focuses on infrastructure, women, employment, and farmers, and urged constructive discussion in Parliament. The opposition, including Rahul Gandhi and Mallikarjun Kharge, criticized the budget as discriminatory and superficial... Читать дальше...
CrowdStrike, a cybersecurity firm, apologized for a faulty update that crashed 8.5 million computers globally, offering a $10 Uber Eats gift card to affected users. The update, intended to improve threat detection, caused widespread disruptions in aviation and healthcare sectors. Some users reported issues redeeming the gift card. CrowdStrike reverted the defective update the same day.
The 30-share BSE Sensex was down 398.1 points at 79750.78
India's Budget proposed significant changes in the taxation of capital gains, aiming for rationalisation and simplification. Key changes include a simplified holding period with only two categories, uniform rates for most assets, removal of indexation, parity between residents and non-residents, and maintaining roll over benefits. The new provisions are effective from 23.7.2024. Here's all your questions answered by the government.
As of 30-Jun-2024, promoters held 44.78 per cent stake in the company, while FIIs held 27.41 per cent and domestic institutional investors had 10.36 per cent.
The decision came on Wednesday after the opposition parties claimed that the Union Budget presented on July 23 was "discriminatory" as it did not allocate enough funds for the state ruled by non-NDA parties.
The 2024 Paris Olympics, starting July 26, will feature 117 Indian athletes aiming to surpass their Tokyo 2020 medal tally. With a mix of debutants and seasoned competitors, key events include archery, badminton, athletics, and more. Noteworthy athletes like Neeraj Chopra and Manu Bhaker are set to compete in multiple disciplines. Fans can catch all the action on sports channels and streaming platforms as India strives for Olympic success.
A long buildup occurs when there is an increase in open interest and trading volumes alongside a rise in the price of the underlying stock in the Futures and Options segment, indicating a bullish trend in the market. In Thursday's trading session, five stocks experienced a buildup of fresh long positions.
The Indian Ocean Region (IOR), bridging the Pacific and Atlantic Oceans, is becoming a critical axis of global trade and geopolitical interest. A webinar organized by CUTS International discussed the IOR's multifaceted role in shaping international dynamics, focusing on strategic, economic, and environmental considerations. Key chokepoints like the Malacca Strait, Gulf of Aden, and the Strait of Hormuz, through which 80 percent of oil trade passes, are of strategic importance.
A total of 189,584 shares changed hands on the counter till time (IST).
The Nifty Auto index was trading 0.72 per cent up at 25492.4.
Walt Disney, NBCUniversal, and Amazon secured an 11-year, $77 billion deal to broadcast NBA games, ending the league’s partnership with Warner Bros Discovery. The new deal will significantly increase the number of regular-season games on broadcast TV. NBA Commissioner Adam Silver highlighted the enhanced global reach and fan experience these partnerships will offer.
Gold August futures fell by 0.06% to Rs 68,910 per 10 gram, and silver September futures dropped by 0.19% to Rs 84,730 per kilogram on Thursday.
On July 24, three stocks from the Nifty50 pack appeared in the RSI Trending Up scan, according to the stockedge.com data.
A total of 9,978 shares changed hands on the counter till 10:55AM (IST).
A nine-judge Supreme Court bench, led by Chief Justice DY Chandrachud, has clarified that royalty is not considered a tax. This statement was made to highlight the distinction between the nature of royalty and tax obligations.
A total of 252,319 shares changed hands on the counter till time (IST).
Shares of RBL Bank fell 4% to Rs 228 on BSE after a block deal involving Rs 1,081 crores was executed. The stake sale represented a 7.9% equity holding, reportedly sold by Maple II BV. The shares were offered at a 5% discount to the previous close. EQT AB held a 7.89% stake as of June 2024.
The 30-share BSE Sensex was down 412.33 points at 79736.55
