Indian indices ended flat, with stocks like Zee Entertainment, PG Electroplast, PSP Projects, and Suzlon Energy seeing significant movements, while Honasa Consumer continued its decline after weak Q2 results.
The policy aims to generate over 5,000 jobs in Bengaluru, with an additional 1,000 jobs expected in areas beyond the city. “Companies setting up dedicated campuses in these emerging locations will also be eligible for customised incentives, assessed on a case-by-case basis, to drive investment and development in the region,” the 72 page policy read.
Nissan has begun exporting its upgraded compact SUV, the 'Magnite,' to South Africa from its India manufacturing plant. With 2,700 units already shipped, Nissan plans to expand exports of the popular 'Made in India' Magnite to over 65 countries, solidifying India's role as a key export hub for the automaker.
The Odisha Staff Selection Commission (OSSC) is accepting applications for 324 Soil Conservation Extension Worker positions. Interested and eligible candidates can apply online at ossc.gov.in from November 27 to December 26, 2024. Applicants must be between 21 and 38 years old and hold a +2 Science degree or a +2 Vocational certificate in an agriculture-related field.
Regional airline FLY91 is expanding its network by adding Solapur, Maharashtra to its destinations, aiming to enhance last-mile air connectivity. The airline will connect Solapur with Mumbai and Goa through direct flights starting December 23rd. This expansion brings FLY91's total domestic destinations to nine since its operational launch on March 24th.
Founder of embedded B2B finance platform says they can help founders raise money easily without diluting equity or presenting collateral.
Six Nifty 500 stocks hit 52-week highs on Tuesday. Indian markets traded higher after a recent correction, with analysts suggesting a short-term relief rally.
The antitrust watchdog on Monday said Meta has abused its dominant position in the market, explaining that this fine relates to how WhatsApp's 2021 privacy policy was implemented and how user data was collected and shared with other Meta companies.
The app will help women entrepreneurs grow their businesses. It will connect them with a wider market. The app will also provide access to technology and support. Hesa is a platform that helps rural businesses grow.
Karnataka is establishing three global innovation districts in Bengaluru, Mysuru, and Belagavi to bolster its tech and innovation ecosystem, CM Siddaramaiah announced after kicking off the three-day Bengaluru Tech Summit. These districts will attract global capability centres (GCCs) and nurture startups. The state also announced initiatives to skill one lakh people in collaboration with tech giants and establish an electronics manufacturing cluster in Mysuru.
Indian news agency ANI has filed a lawsuit against OpenAI in a New Delhi court, alleging that the ChatGPT creator used its content without permission to train its AI chatbot. ANI claims OpenAI fabricated news stories and attributed them to the agency. OpenAI maintains that its use of publicly available data is protected under fair use principles.
A powerful storm system is developing near the US West Coast. It could bring heavy rain, snow, and strong winds. The storm may cause flooding. The most severe weather is expected between Tuesday and Friday. Some areas may experience effects into Saturday.
ETMarkets highlights stocks with significant MF share additions in October, including Vodafone Idea, IndusInd Bank, and Suzlon Energy, all seeing price declines of over 20% and large MF investments.
ICICI Prudential Mutual Fund launched ICICI Prudential Equity Minimum Variance Fund, an open-ended equity scheme. The NFO is open from November 14 to December 2. The fund aims to generate long-term capital appreciation while minimizing portfolio volatility. It will be benchmarked against Nifty 50 TRI.
Indian External Affairs Minister S Jaishankar and Chinese Foreign Minister Wang Yi met on the sidelines of the G20 summit to discuss the next steps in India-China relations following recent military disengagement in Demchok and Depsang. Both sides acknowledged the progress made in disengagement and emphasized the importance of de-escalation for normalizing ties.
Our vision is to build a sustainable, inclusive agricultural sector in Karnataka, and we’re establishing a digital agri centre of excellence to foster collaboration and innovation, says Madan Padaki, Chair of TGS24 and President of TiE Bangalore.
An IndiGo flight from Bengaluru to Male was diverted to Kochi on Tuesday due to a technical issue. The A321 aircraft landed safely at Kochi airport around 2:20 PM. The number of passengers onboard has not been confirmed, and a statement from IndiGo is pending.
BJP leader Chitra Wagh accused the Congress of being involved in the attack on Archana Rothe, sister of BJP MLA candidate Pratap Adsad. Wagh questioned how Congress candidate Virendra Jagtap was aware of the incident before BJP workers and alleged that his deleted Facebook post about it being a stunt points towards MVA's involvement due to their fear of defeat.
PGIM India Mutual Fund launched PGIM India Healthcare Fund, an open-ended equity scheme focused on healthcare and pharmaceutical companies. The NFO is open from November 14 to December 3. The fund aims to capitalize on India's growing healthcare sector, driven by factors like low cost, innovation, and rising health insurance awareness.
Indian Hotels Company (IHCL) shares hit a 52-week high after the company revealed its 'Accelerate 2030 strategy'. The plan aims to double consolidated revenue to Rs 15,000 crore by expanding its portfolio to over 700 hotels across new and existing brands. This ambitious growth strategy is backed by India's strong economic outlook and booming tourism sector.
Short covering occurs when traders buy back shares, reducing open interest and boosting stock prices. Five stocks saw short covering on Tuesday, including Britannia, Metropolis Healthcare, and Asian Paints
