The stock traded at a P/E multiple of -302.07, while the price-to-book value ratio stood at 10.16.
The Supreme Court of India clarified that the right to property is a constitutional right under Article 300-A and emphasized that individuals cannot be deprived of their property without appropriate compensation. The court also directed a fresh award determination for land acquired for the Bengaluru-Mysuru Infrastructure Corridor Project, reflecting 2019 market values due to undue delays in compensation.
The NTA has opened the registration for CUET PG 2025, with applications accepted until February 1, 2025. The exam will be conducted from March 13 to 31, 2025. Interested candidates can apply through the official website, following the provided steps, and refer to the notification for details.
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Santiago Martin, a Coimbatore businessman, faces an ED probe for alleged illegal lottery activities. Investigators have seized assets worth over Rs 1,000 crore and uncovered unaccounted assets. Martin's company is linked to significant political funding and alleged illegal firm setups, evading lottery regulations.
A total of 3,650 shares changed hands on the counter till 12:28PM (IST).
Bengaluru's Namma Metro Yellow Line is set to start operations on January 6. The new metro line will connect RV Road to Bommasandra, including Electronics City. MP Tejasvi Surya confirmed that the first train is ready and will be dispatched. The 18.82-kilometer railway line will have 18 stations, easing traffic for commuters.
A total of 126,678 shares changed hands on the counter till 12:23PM (IST).
Congress leader Pramod Tiwari accuses BJP of attempting to polarize the electorate ahead of the 2025 Delhi assembly elections by naming a Dubai college after Veer Savarkar. Tiwari's comments come as PM Modi is set to lay the foundation stone for the college, while BJP defends the move, highlighting Savarkar’s legacy.
A total of 157,499 shares changed hands on the counter till 12:18PM (IST).
Three satellites from Curtin University's Binar Space Program burned up after just two months in orbit due to heightened solar activity, which increased drag and accelerated orbital decay, challenging future missions.
A total of 2,074 shares changed hands on the counter till 12:13PM (IST).
India’s batting lineup crumbled once more as they were bowled out for a low first innings total of 185 in the fifth Test against Australia at the Sydney Cricket Ground. Key players including KL Rahul, Shubman Gill, and Virat Kohli were dismissed cheaply, and despite a fight from Rishabh Pant, India's hopes faltered under fierce Australian bowling.
RBI did highlight pain points in a lot of different products within the retail category. Once these get worked about, you will see some consolidation taking place this year in terms of loan growth across the board.
Bajaj Auto is confident about future growth, driven by the electric two-wheeler market and strong exports. The LATAM region has become a key market, outperforming Africa. They are prepared for 2025, anticipating growth in mid-sized and small towns. Stability in the Nigerian market and the rupee's gentle devaluation are also seen as positive factors.
Union Minister Piyush Goyal plans slum redevelopment and fast-tracking key projects in Mumbai North to transform its urban landscape. Initiatives include providing 'pakka' houses in slums and speeding up road and railway works. Projects like Kandivali station development and Harbour Line extension till Borivali are also prioritized.
China plans to keep opening up its economy in 2025 despite facing trade uncertainties with the US. It aims to attract more foreign investment in advanced manufacturing, modern services, high-tech, and green energy. Efforts to shift the economy from high growth to innovation are evident with growing wind and solar power capacities. Challenges include an ageing population.
The French carrier strike group, led by the FNS Charles de Gaulle, will make port calls at Goa and Kochi as part of Mission CLEMENCEAU 25. They aim to conduct joint training sessions with India, participate in multinational exercises, and enhance interoperability with regional allies in the Indian and Pacific Oceans.
Global brokerage Citi has set a target of 25,000 for Nifty in 2025, indicating a modest upside of 3.4% from current levels.
Writing a will is essential to ensure wishes are honoured, assets are distributed correctly, and family disputes are prevented. It also appoints guardians for minor children and minimizes tax burdens. AasaanWill simplifies the process, making it easy and accessible for everyone. Ensuring your legacy's clarity provides peace of mind for you and your family.
Saturday bank holiday: Every year, the Reserve Bank of India(RBI) publishes a state-wise monthly holiday list as bank holidays differ depending on the state and region. Bank customer should note that banks will observe public holidays on the second and fourth Saturdays, in addition to Sundays.
A total of 1,080 shares changed hands on the counter till 12:03PM (IST)
Sunshine Pictures Ltd is raising funds through an IPO of 83.75 lakh equity shares, including a fresh issue of 50 lakh shares and an Offer-for-Sale of 33.75 lakh shares by promoters. The proceeds will be used for long-term working capital and general corporate purposes. The listing aims to enhance the company's visibility and brand image.
Year-to-date, APSEZ has handled 332.4 MMT of cargo, reflecting a 7% YoY growth. This expansion was supported by a 19% YoY increase in container volumes and an 8% YoY rise in liquids and gas.
Kia India is launching the new Syros compact SUV soon. Bookings start on January 3, 2025. The Syros features a new design, advanced dashboard, and various tech updates. It comes with options for a 1.0-litre turbo-petrol or a 1.5-litre turbo diesel engine, with multiple transmission options. The SUV offers improved dimensions and features over the Sonet.