13 января 2025 года
Economictimes.indiatimes.com
Delhi LG VK Saxena disputed Arvind Kejriwal's statements regarding the change in land use. He said two of Kejriwal's MPs attended the DDA meeting and no such decision was made. Saxena accused Kejriwal of misleading people about the Shakur Basti Juggi community and said Kejriwal should take responsibility for the area's poverty and poor amenities.
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The Delhi High Court raised concerns about the Aam Aadmi Party’s delay in presenting the CAG's report, which highlighted irregularities in the Delhi excise policy, causing a Rs 2,027 crore loss. The court emphasized prompt action and has scheduled a hearing for 2:30 PM today.
A total of 569,998 shares changed hands on the counter till 11:36AM (IST)
Triumph Thruxton 400 Price and Launch Date: Triumph is planning to expand its lineup with the new Thruxton 400. The bike features a 399cc engine, producing 39.5 bhp and peak torque of 37.5 NM. It shares a platform with the Speed 400 but has a differently tuned engine. Expected features include ABS, USB charging, and traction control.
A total of 5,986 shares changed hands on the counter till 11:31AM (IST)
PAG, an Asia Pacific-focused private equity firm, acquires a majority stake in Pravesha Industries, a major pharmaceutical packaging company, valued at $200 million. This investment aims to boost Pravesha's growth, complementing PAG's existing investments in India's packaging sector, such as Manjushree Technopack Limited, and expanding their diverse portfolio.
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The 30-share BSE Sensex was down 477.49 points at 76901.42
India's finished steel imports have reached a six-year high in the first nine months of the financial year starting April 2024. Imports rose 20.3% year-on-year, with significant shipments from China. Meanwhile, India's finished steel exports fell 24.6%. Robust domestic demand is driven by the infrastructure and automotive sectors, while export demand has decreased.
Maha Kumbh 2025 has begun in Prayagraj. Over 450 million visitors are expected. Extensive security measures, including AI-driven surveillance and drones, ensure safety. The Kumbh Sah'AI'yak chatbot provides real-time information and assistance for pilgrims. Saints and global dignitaries, including Laurene Powell Jobs, are attending. The event runs from January 13 to February 26.
Budget 2025's primary asks from the Indian economy include improved allocation to states, balanced revenue and capex spending, revisiting fiscal consolidation targets, accelerating divestment plans, and enhancing execution efficacy. These measures aim for sustainable growth and progress aligned with India's long-term goals.
A total of 206,138 shares changed hands on the counter till 11:21AM (IST).
The Nifty Pharma index was trading 1.31 per cent at 22088.10.
Bank holiday: Lohri, Bhogi, Sankranti are vibrant festivals celebrated in different regions of India, reflecting the cultural diversity of the country. There is some confusion among bank customers regarding bank holidays on January 13 and 14 on these festivals.
Kerala legislator P V Anvar resigned as the MLA of Nilambur constituency after joining the Trinamool Congress. He announced that he would not contest the by-election and expressed support for the Congress-led UDF. Anvar suggested a Congress candidate from the Christian community for the constituency. He won the seat as a Left-supported independent in the 2016 and 2021 Assembly elections.
A total of 1,539 shares changed hands on the counter till 11:16AM (IST).
Adani Wilmar share price: The company is a joint venture between the Adani Group and Wilmar International, is a prominent FMCG player in India, known for its essential kitchen products. Despite its strong market presence, the stock has faced challenges, declining by 26% over the past year.
The Nifty IT index was trading 0.43 per cent at 44418.45.
Afghanistan have included fit-again Ibrahim Zadran in their 15-man Champions Trophy squad while bringing in Younis Khan as a mentor. Spinner AM Ghaznafar replaces injured Mujeeb Ur Rehman. Calls to boycott Afghanistan's matches due to the Taliban's crackdown on women's rights continue, but England and South Africa have ruled out such action.
Taiwan Semiconductor Manufacturing Company forecasts a 58% rise in fourth-quarter profit, driven by strong demand for AI applications. However, TSMC faces challenges from US tech restrictions on China and potential tariffs from the upcoming US administration. The company also focuses on its substantial investments, including new fabs in Arizona.
We have seen over the years like there are so many companies who multiply in value despite such phases of underperformance.
The stock quoted a 52-week high price of Rs 2403.45 and low of Rs 1367.45.