BJP Spokesperson ANS Prasad suggested that Rahul Gandhi should join the RSS to gain a better understanding of the organization. This follows Gandhi's remarks at Georgetown University about the challenges faced by Congress and the opposition in India, including contesting elections and addressing damage done by BJP-RSS to institutions.
Promoters held 37.88 per cent stake in the company as of 30-Jun-2024, while FII and DII ownership stood at 32.13 per cent and 10.98 per cent, respectively.
TMC MP Shatrughan Sinha supports West Bengal Chief Minister Mamata Banerjee amid allegations of offering money to the family of a rape and murder victim. Sinha states that a Chief Minister cannot be held responsible for such crimes, while Banerjee dismisses the accusations as slander and a conspiracy.
Growing risks to the U.S. stock rally are driving demand for portfolio hedging, as investors face economic uncertainty, shifting Federal Reserve policy, and a looming presidential election. The Cboe Volatility Index is elevated, reflecting concerns over potential market swings ahead of the high-stakes debate between Kamala Harris and Donald Trump.
As of 30-Jun-2024, promoters held 43.92 per cent stake in the company, while FIIs held 13.67 per cent and domestic institutional investors had 1.11 per cent.
The 30-share BSE Sensex was up 120.66 points at 81680.2
Swiggy is planning to raise Rs 5,000 crore from its upcoming IPO, seeking shareholder approval at an EGM on October 3. The company reported a 36% growth in operating revenue and reduced net loss by 44% for the year ended March 31, 2024. Swiggy competes with Zomato in food delivery and quick commerce.
Workers at Samsung's Sriperumbudur plant near Chennai have set up tents outside the factory and are boycotting work to demand higher wages. The protest, now in its second day, has affected around half of the daily production at the facility, which manufactures consumer electronics like refrigerators and televisions. Samsung has not yet commented on the situation.
The Nifty IT index was trading 1.37 per cent up at 42491.45.
Susquehanna Asia VC, and existing investors Elevation Capital, Peak XV Partners, and Mirae Asset VC also participated in the funding round of the parent company of devotion platform Sri Mandir. The funds will be used to expand its India and global operations, onboard more temples, launch new services, and develop a tech stack for the devotion ecosystem.
Moody's has upgraded Kazakhstan's long-term local and foreign currency issuer ratings to Baa1 from Baa2, with a stable outlook. This upgrade reflects ongoing economic reforms aimed at enhancing investment attractiveness and diversifying the economy. The non-oil sectors, particularly ICT, transport, and manufacturing, have shown notable growth, reducing the country's dependence on hydrocarbons.
US Presidential Debate 2024: Kamala Harris and Donald Trump are preparing for Tuesday's presidential debate with contrasting strategies. Harris is focused on refining her responses, while Trump dismisses study in favor of campaign events. The debate will highlight their differing approaches and visions for the country, setting the stage for a significant political showdown.
In reaction to the update, pharma stocks like Astrazeneca Pharma surged 4.4% to its day’s high of Rs 7,069 on BSE while Fortis Healthcare shares went up by 3% to Rs 563.55 and those of Natco Pharma shot up 2.5% to Rs 1,585.
A total of 100,502 shares changed hands on the counter till 10:56AM (IST)
The 30-share BSE Sensex was up 98.0 points at 81657.54
The Kannada Development Authority has requested Karnataka Health Minister Dinesh Gundu Rao to mandate that doctors in government health centres and hospitals issue prescriptions in Kannada. KDA chairperson Purushotham Bilimale also suggested annual recognition for doctors who support the language. This initiative aims to promote the use of Kannada in medical practices across the state.
Rahul Gandhi, speaking at Georgetown University, expressed disagreement but not hatred towards Prime Minister Modi. He emphasized India's essence as a union of diverse elements and criticized BJP-RSS for misunderstanding this. Gandhi also highlighted challenges faced by the Congress party in contesting elections and addressing institutional damage allegedly caused by BJP-RSS.
The United States is deepening its strategic partnership with India, focusing on defence and technology cooperation. At the INDUS-X Summit in California, US Deputy Secretary of State Kurt Campbell highlighted the significant progress made in areas like space, semiconductors, and clean energy. The initiative aims to foster innovation and strengthen ties between the two nations through joint challenges and co-production agreements.
A total of 4,498 shares changed hands on the counter till 10:50AM (IST)
The 30-share BSE Sensex was up 69.77 points at 81629.31
A short buildup occurs when there is a rise in open interest and trading volumes, coupled with a decrease in the price of the underlying stock in the Futures and Options segment.
Double tax: If you are claiming a tax relief under section 90 then you must submit a ITR and Form 67 by the due date. Similarly if you are claiming a tax relief under section 91 then also you need to file Form 67 and mention the country code for the country where taxes were paid.
The Relative Strength Index of the stock stood at 53.12 on Tuesday.
The Uttar Pradesh Forest Department has captured the fifth wolf responsible for recent attacks on villagers in Bahraich, with one more wolf still at large. The operation, named 'Operation Bhediya,' aims to capture the remaining wolf soon. The wolves have caused multiple fatalities and injuries in the area.
