Tourists at Sela Pass, Arunachal Pradesh, fell into freezing waters after ice on a frozen lake cracked. Bystanders quickly rescued them using bamboo sticks. A video of the incident has gone viral, highlighting the dangers of winter tourism. Authorities have advised visitors to follow safety rules. Union minister Kiren Rijiju urged caution and preparedness when visiting such dangerous terrains.
HG Infra Engineering reported a 16% year-on-year (YoY) decline in net profit, which stood at Rs 80.7 crore for the second quarter ending September 30, 2024, compared to Rs 96.1 crore in the same period last year, according to a regulatory filing.
Sagar Shinde, a mutual fund expert, advises aggressive investors to allocate 70-80% of their portfolio to equities, following a 60:20:20 strategy with large-cap, mid-cap, and small-cap stocks. For short-term goals, 90-100% should be in debt instruments, while for long-term goals, a balanced approach between equities and debt is recommended. The strategy focuses on high growth while managing risk.
Human metapneumovirus (hMPV) continues to cause worries, with reports from the UK are not so encouraging.
Under the current rules for FPI, NRIs are restricted from owning more than 50% of a fund’s capital, and no individual NRI can hold more than 25%. However, in GIFT City, these restrictions were relaxed, allowing NRIs to hold up to 100% of the fund’s capital.
Our ESG fund was launched with a specific objective: to invest in small and mid-cap companies that are poised for significant growth while maintaining strong corporate governance and a minimal environmental footprint.
The vertical rise on Thursday, provided a clean break out beyond the consolidation that persisted in the previous nine days, encouraging us to look forward to reclaiming 24770. However, the near 50% retracement of those gains on Friday has put the trend evenly poised.
According to Trendlyne, 2 out of 5 analysts have a 'buy' or 'strong buy' recommendation for Adani Wilmar shares, while 2 suggest a 'hold' and 1 advises a 'sell.' The average 12-month target price is ₹381, implying a potential upside of 16% from the current levels.
HDFC Securities maintains a high-conviction buy on Radico Khaitan with a target price of Rs 2700. The company is expected to deliver strong revenue and profit growth driven by favourable policies, price hikes in key states, and cost optimization initiatives. Prominent stakeholders include a 40.24% promoter stake.
Sectoral performance was mixed, as the auto, FMCG, and energy sectors emerged as the top gainers, while the realty and banking sectors faced pressure.
They have raised the capital through equity and debt financing to fund its expansion. The fund will be used to support growth to meet rising cloud and AI demands across Asia. Digital Edge, established in 2020, operates 21 data centres in multiple countries including India, with plans for further development.
The company's alumina production for the nine months ending December 31, 2024, rose by 16% to 1,542kt. Vedanta also announced that it achieved record production levels of aluminum, alumina, and zinc in the first nine months of the year.
A White Marubozu is a bullish candlestick pattern in technical analysis.
NTPC Green shares: NTPC Green announced a joint venture with Uttar Pradesh Rajya Vidyut Utpadan Nigam to develop renewable energy projects. NTPC Green holds 51% shares in the venture. Additionally, NTPC Renewable Energy won a 1,000-MW solar power project from Uttar Pradesh Power Corporation Ltd. Shares of NTPC Green have declined 2% in the last five sessions and 11% in the past month.
Tensions escalated as a clash broke out between the Patna police and supporters of Jan Suraaj chief Prashant Kishor near the Gandhi Maidan area, following the detention of the Jan Suraaj chief during his indefinite hunger strike seeking action against the alleged BPSC exam paper leak earlier on Monday.
