Steve Smith scored his 34th Test century in the fourth Test against India in Melbourne, helping Australia reach a total of 474 runs. Jasprit Bumrah was India's most successful bowler with four wickets. The day also saw a heated exchange between Virat Kohli and debutant Sam Konstas, which will be reviewed by the ICC.
In 2024, while Junior Nifty50 and smallcaps delivered strong returns, several major stocks on Dalal Street, including Asian Paints, Reliance, HUL, Titan, Bajaj Finance, Adani Green, and DMart, lost over $1 billion each in market value. Despite being consistent performers, these stocks suffered due to misalignment with market and business cycles, highlighting the shifting nature of bull markets.
IndusInd Bank share price: The lender is selling Rs 1,573 crore worth of unsecured microfinance loans due to asset quality pressures. The lender has set a reserve price of Rs 85 crore and seeks bids on a 100% cash basis, offering a minimum recovery rate of 5.04%. These loans, involving over 10.61 lakh borrowers, have no collateral backing.
Shares of Jubilant Foodworks (JFL) are likely to remain in focus as the company has signed a memorandum of understanding (MoU) with Coca-Cola India to acquire a portfolio of sparkling beverage products for its various brands.
Gensol Engineering is a leading player in the renewable energy sector specialising in solar power engineering, procurement, and construction (EPC) services, along with electric mobility solutions.
Manmohan Singh, the former Prime Minister of India, passed away at 92, leaving behind a legacy shaped by significant economic reforms and political challenges. Known for his calm, scholarly demeanor, Singh’s leadership was often critiqued as weak, yet he remained resolute in defending his record. His tenure was marked by key moments, including his defence of the UPA’s achievements and strong criticisms of his political opponents, particularly Narendra Modi. His contributions to India’s economic liberalisation are indelible... Читать дальше...
The share allotment for the Unimech Aerospace IPO is expected to be finalized later today or tomorrow morning. Investors will receive shares on a lottery basis, with the entire process overseen by the registrar.
Manmohan Singh, who passed away at 92, played a crucial role in India's economic transformation by implementing key reforms that opened up the economy and alleviated poverty. Despite challenges in his later years as Prime Minister, Singh's efforts laid the groundwork for India's emergence as a major economic power.
India is observing a seven-day national mourning to honour former Prime Minister Dr Manmohan Singh who passed away at 92. His last rites will be conducted with full state honours. Leaders and countries globally have paid tribute to his contributions to India's economic reforms and international relations. The Congress party has suspended all programmes during this period.
The SME IPO of Citichem India opened for subscription today and will close on December 31. The company plans to raise Rs 13 crore through the IPO and list its shares on the BSE SME platform.
The growth of artificial intelligence (AI) has been a source of worry for many, even those who champion the use of technology. Proponents fear that AI will stop us from being our best selves by snuffing out creativity. But fear that culture will be made obsolete by AI is not an overestimation of technology but a radical underestimation of humanity.
Indian players at the MCG wore black armbands during the second day of the fourth Test as a mark of respect for former Prime Minister Dr. Manmohan Singh, who passed away at 92 due to age-related conditions. Singh, who led India from 2004-2014, succumbed to sudden health issues and was declared dead at AIIMS.
Ricky Ponting criticizes the 20% match fee fine imposed on Virat Kohli for a heated exchange with Sam Konstas, suggesting it is insufficient given Kohli's role model status. Meanwhile, Konstas shines on debut, contributing significantly to Australia's 311/6 against India with 60 runs.
Taiwan's Ministry of National Defence reported five Chinese military aircraft and five naval vessels operating around Taiwan early on Friday. The planes entered Taiwan's Air Defense Identification Zone. Taiwan monitored the situation. There are international concerns over the increasing Chinese military activities, as expressed by Japanese and NATO officials, regarding peace and stability in the Taiwan Strait.
Northeast Frontier Railway has signed a Memorandum of Understanding with IRCON International Limited for maintaining electrification infrastructure. This includes Overhead Equipment (OHE) and Power Supply Installation (PSI) in the Lumding and Tinsukia divisions. Electrification in these divisions is progressing rapidly, and the MoU will help with scheduled maintenance and breakdown attention until June 2025.
Newmalayalam Steel's shares listed at Rs 90 on the NSE SME platform, aligned with its IPO price. The company aims to utilize the proceeds for technological upgrades, solar facility expansion, new factory construction, and marketing. Known for manufacturing galvanised pipes, Newmalayalam Steel addresses the climate challenges in Kerala housing.
Sanathan Textiles IPO managed to get healthy demand from all sets of investors with a subscription of nearly 40 times. Analysts believe the demand was on the back of reasonable valuations when compared with peers which are trading at premium and the company has left something on the table for new investors to gain on listing day.
Concord Enviro Systems' shares opened with a premium of up to 18.69% on NSE and BSE. The IPO saw a subscription nearly 11 times, consisting of fresh equity and an offer for sale. Proceeds will support subsidiary investments and corporate purposes. The firm's revenue grew 45% in FY24.
Congress President Mallikarjun Kharge stresses on empowering the party structure and introducing new leadership. Speaking at the 'Nav Satyagrah Baithak' in Belagavi, Kharge said hard work and strategy are essential. He emphasized filling organizational vacancies and equipping members with election-winning skills. Kharge urged Congress to expose and defeat BJP's alleged spread of lies.
