A Maharashtra-based IAS officer filed a complaint with the Delhi Police alleging that she was defrauded of over Rs 1 crore by an individual posing as an investment expert. The accused, whom she met through a relative, promised high returns on currency trading but allegedly disappeared after receiving the funds.
Other tech companies, including giants like Google and Microsoft, as well as startups like the San Francisco-based Perplexity, have offered similar technologies.
A total of 546 shares changed hands on the counter till 12:27PM (IST)
NCP supremo Sharad Pawar echoed Rahul Gandhi's call for a caste census, asserting its necessity to reveal crucial data about representation in various sectors. Pawar suggested that the findings might prompt a reconsideration of the 50% reservation cap. Gandhi had earlier urged PM Modi to publicly support the census, emphasizing its importance in addressing social inequalities.
Trent Q2 Results FY25: Trent, the Tata Group retailer, exceeded profit expectations with a 46% surge to Rs 423.44 crore in the September quarter, driven by strategic initiatives. However, revenue fell short of estimates at Rs 4,035.56 crore, despite a 39.6% increase, in a challenging consumer market.
The Relative Strength Index of the stock stood at 60.23 on Thursday.
Again, with what Trump had initially talked about, the whole tax cuts and everything, that increase the deficits significantly higher, so what does that mean to, again, the 10-year yields or does it spook the bond markets?
A total of 2,996 shares changed hands on the counter till 12:18PM (IST).
Visa appointed Rishi Chhabra as Country Manager for India. Chhabra, with over 20 years of experience in financial services and payments, will lead Visa's India business strategy and strengthen client relationships. He will focus on promoting financial inclusion and digital growth, especially for small and medium enterprises.
M&M Q2 Results: Revenue from operations in the reporting period increased 12% YoY to Rs 28,919 crore. For the July-September 2024 period, EBITDA reached Rs 5,270 crore, with margins at 18.2%. Standalone volumes for the quarter grew 9% year-on-year to 2.31 lakh units, while tractor volumes rose 4% YoY to 92,382 units.
The government has issued a notice to Wikipedia, questioning its intermediary status and suggesting it should be considered a publisher. This follows complaints about potential bias and inaccuracies on the platform, along with a legal battle with Asian News International (ANI), which accuses Wikipedia of defamation and spreading propaganda.
The Supreme Court has ruled that government job recruitment rules cannot be altered during the process. The court said that once set, rules cannot be changed. The court emphasised that selection rules must be fair and constitutional.
The Supreme Court has ordered the liquidation of Jet Airways, rejecting a takeover bid by Kalrock Capital and Murari Lal Jalan. The court found the NCLAT's approval of the bid disregarded a previous Supreme Court ruling and determined liquidation to be in the best interest of lenders and employees.
A total of 38,797 shares changed hands on the counter till 12:12PM (IST).
Approximately seven stocks are anticipated to see an increase in their index weighting. These stocks include HDFC Bank, Tata Power, JSW Energy, Samvardhana Motherson, Jindal Steel & Power, PB Fintech, and APL Apollo Tubes.
Indian social media users are engaging in a playful rivalry comparing Kamala Harris's Tamil heritage with Usha Vance's Telugu background, following the recent US elections. While Harris's political journey may be shifting, the online banter highlights the pride and humor surrounding the visibility of Indian-origin women in global politics.
The stock quoted a 52-week high price of Rs 653.90 and low of Rs 302.15.
Around 15 large-cap mutual funds (MFs) have underperformed their benchmarks over the last five years, with a 60% underperformance rate. Out of 25 large-cap funds, only 10 outperformed. Axis Bluechip Fund delivered 13.25% return, lagging behind its benchmark (BSE 100 - TRI), which returned 18%. Bandhan Large Cap Fund and DSP Top 100 Equity Fund also underperformed.
IIT Delhi has surpassed IIT Bombay to become India's top-ranked university in the QS Asia Rankings 2025. IIT Delhi's rise is attributed to significant improvements in citations per paper and faculty-student ratio, while both institutions maintain strong employer reputations and research output.
Indian corporate growth is slowing down. Market valuations are high, and profit growth is declining. Some sectors like finance and healthcare are performing well. Others like metals, oil and gas, and cement are struggling. Analysts are cautious about the future. They say high valuations pose a risk to the market.
The Relative Strength Index of the stock stood at 45.93 on Thursday.
The Centre doubled the penalties for stubble burning in Delhi and NCR due to worsening air quality. Farmers with less than two acres will pay Rs 5,000, those with two to five acres face a Rs 10,000 fine, and those with over five acres will be fined Rs 30,000 under new rules effective immediately.
The offering, consisting of a fresh equity issuance of Rs 800 crore and an offer for sale (OFS) of 1.89 crore shares, will be open for bidding until November 11. Through the OFS, Bupa Singapore Holdings and Fettle Tone will sell part of their stakes.
A total of 2,939 shares changed hands on the counter till 11:56AM (IST).
Market expert Neeraj Dewan believes the markets are poised for growth after a recent correction, potentially forming a double bottom. Strong pockets emerged during the results season, particularly in IT and chemicals, which could benefit from a potential "Trump trade." However, FII outflows remain a concern in the near term.
