Real estate developer CRC is investing Rs 525 crore to develop a luxury residential project in Greater Noida. The project, CRC Maesta, will feature 358 apartments and is expected to generate Rs 800 crore in revenue. The project is designed by Dubai-based architect Shaun Killa, known for iconic structures like the Museum of the Future.
This move of exiting data centres and harnessing the strength of the cloud by Air France-KLM, will support a sustainable and adaptive aviation industry. This modernisation of the airline group's data by its 30-year partner TCS will have benefits such as enhancing operations, improving functionality and gaining efficiency.
With the aim to gather, connect and engage with the thriving small businesses community of Jaipur, the ET Make in India SME Regional Summit is ready for its next destination.
As of 30-Sep-2024, promoters held 0.0 per cent stake in the company, while FIIs held 17.5 per cent and domestic institutional investors had 17.51 per cent.
Ayushman Bharat health insurance: Prime Minister Narendra Modi recently launched health insurance coverage for senior citizens aged 70 and over, under the flagship initiative Ayushman Bharat Pradhan Mantri Jan Arogya Yojana.
The IPO of ACME Solar Holdings has garnered significant attention as it opened for subscription on Wednesday. By Thursday, on the second day of bidding, the issue was subscribed to 47%, with the retail portion attracting 1.57 times subscription. However, the grey market premium (GMP) has slipped, indicating a cautious sentiment from investors.
A total of 94,968 shares changed hands on the counter till 11:47AM (IST).
The Rs 2,106 crore IPO consists solely of an offer-for-sale of 70.22 crore shares by the promoter, Sagility B.V., with no fresh issue component. All proceeds, after deducting expenses, will go directly to the selling shareholder.
Indian stock markets reacted negatively to Donald Trump's election victory, despite a surge in US markets. Analysts warn that Trump's 'America First' policies, potential tariff hikes, and impact on US interest rates could lead to a weaker rupee, slower rate cuts, and increased foreign investment outflows from India.
Brookfield India Real Estate Trust witnessed a surge in demand for office spaces, leasing over 1 million sq ft in the September quarter, with SEZs leading the way. This strong performance drove a 55% jump in lease rentals and a 40% rise in adjusted net operating income year-on-year.
The stock quoted a 52-week high of Rs 1826.20 and a 52-week low of Rs 1015.60.
India's FMCG industry is experiencing a rural surge, with rural markets outpacing urban areas in consumption growth. While urban demand sees a slight uptick, rural areas are driving volume growth, fueled by staples and small to mid-sized FMCG companies.
A total of 4,161 shares changed hands on the counter till 11:35AM (IST).
Swiggy launched its IPO at a reduced valuation of $11.3 billion, down from its earlier target of approximately $15 billion. The company aims to raise around Rs 11,300 crore through the offering, which includes a fresh equity issuance of Rs 4,499 crore and an offer for sale (OFS) of 17,50,87,963 equity shares.
The stock quoted a 52-week high of Rs 5484.00 and a 52-week low of Rs 3637.00.
On the technical charts, the RSI of the stock stood at 54.37.
Academic highflyer and successful lawyer Usha Vance, the child of Indian immigrants, is the wife of Trump's running mate J.D. Vance.
Indian Prime Minister Narendra Modi congratulated Donald Trump on his re-election as US President, emphasizing the deep trust Americans have in his leadership. They pledged to bolster bilateral ties across sectors like technology, defense, and energy, building upon the successes of the India-US partnership during Trump's previous term.
Allan Lichtman, renowned for accurately predicting U.S. presidential elections using his "Keys to the White House" system, was left stunned by Donald Trump's landslide victory in 2024. Expressing concern over the state of democracy, Lichtman acknowledged the miss while emphasizing the fragility of democratic systems.
NCP (SP) chief Sharad Pawar stated that the people of Maharashtra desire change, and the MVA will strive to provide an alternative in the upcoming state assembly polls. Pawar supported Rahul Gandhi's call for a caste census, believing it will reveal the true situation in the country and potentially facilitate decisions on increasing reservation limits.
NPS, GPF of govt employees: Currently, government employees are mandatorily required to make a contribution to the NPS account to save for their retirement and get pension. However, there are certain government employees that can save for retirement via GPF, NPS as well as get old pension scheme benefits as well.
Donald Trump's return to the White House has left Asian companies with significant investments in the United States uncertain about the future. Trump's previous policies, including tariffs and trade disputes, have raised concerns about potential disruptions to their operations and investments.
A total of 159,354 shares changed hands on the counter till 11:16AM (IST).
Experts predict the India-US relationship will likely see expansion under the Trump administration, but potential friction points exist concerning trade, immigration, and tariffs. Despite these challenges, the strategic partnership is expected to deepen, with both nations emphasizing collaboration in defense, technology, and the Indo-Pacific region.
