Quick Wrap: Nifty Realty Index gains 1.66%
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Pearl Global Industries surged 9.47% to Rs 832 after HDFC Mutual Fund acquired about 1.6% stake in the company through block deals on Monday, 15 July 2024.
As per provisional closing, the barometer index, the S&P BSE Sensex, rose 51.69 points or 0.06% to 80,716.55. The Nifty 50 index added 26.30 points or 0.11% to 24,613.
The government is likely to lower fiscal deficit to 4.9-5 per cent of the GDP for this financial year in the upcoming Budget aided by revenue buoyancy. The government had pegged the fiscal deficit estimate at 5.1 per cent for the current fiscal year when it presented the interim Budget in February. "The union government is likely to set a fiscal deficit target at 4.9-5 per cent, lower than projected 5.1 per cent of GDP, without compromising the capital expenditure target of Rs 11.1 lakh crore," ICRA Chief Economist Aditi Nayar told PTI. Читать дальше...
Sales decline 5.45% to Rs 1010.45 crore
Think tank GTRI on Tuesday expressed serious concerns over spurt in import of precious metals from the UAE under a free trade agreement and demanded an investigation as it is impacting domestic jewellery industry and leading to potential annual revenue loss. The Global Trade Research Initiative (GTRI) said that by addressing these issues, authorities can ensure the integrity of import practices, safeguard domestic industries, and prevent significant revenue losses. Seeking an urgent review of the agreement... Читать дальше...
The near-simultaneous tariff hikes by all major private operators will push up telcos' average revenue per user (ARPU) to a decadal high of over Rs 225 in FY26, domestic ratings agency Crisil said on Tuesday. Credit profiles of telcos will also improve on the higher profitability and the lower capital expenditure, the agency said. The ARPU -- one of the most keenly tracked metric influencing the financial health of an entity -- will increase 25 per cent in FY26 when compared to FY24, it said. "The... Читать дальше...
Bharat Agri Fert & Realty has launched its prestigious high-rise tower, Wembley-24, located in Majiwada, Thane. The project which stands at G+60 floors, will offer 457 residential flats available in 2/3 BHK configurations. The Majiwada Project is projected to generate total realizations of approximately Rs 800 crore over the next four years on a pro-rata basis, with the project's cost estimated at approximately Rs 300 crore, as the land is owned by the company.
Through preferential issue of shares and warrants
Edtech company put under moratorium after tribunal finds it defaulted on due owned to BCCI
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Ujaas Energy was locked in upper circuit of 5% to Rs 282.70 after its board approved issue of 1 fully paid-up equity share each for every 4 existing fully paid-up equity share each held by the eligible shareholders.
Bharti Hexacom rose 7.39% to Rs 1144.30 after a global brokerage initiated coverage on the stock with an 'overweight' rating and a price target of Rs 1,280.
Century Textiles and Industries reported 47.1% decline in consolidated net profit (continuing operations) to Rs 27.94 crore in Q1 FY25 as compared with Rs 52.82 crore in Q1 FY24.
Justices Nongmeikapam Kotiswar Singh and R Mahadevan were on Tuesday elevated as judges of the Supreme Court. Once they take oath, the apex court will regain its sanctioned strength of 34, including the chief justice. Chief Justice of Jammu and Kashmir High Court, Justice N Kotiswar Singh, has become the first judge from Manipur to have been appointed to the top court. "His appointment as a judge of the Supreme Court will provide representation to the North-East, and in particular he will be the... Читать дальше...
Controversial trainee IAS Pooja Khedkar is accused of forging documents to claim disability and OBC reservation quota to secure UPSC seat
Leveraging Qualcomm X series chips, the Dell XPS 13 and Inspiron 14 Plus AI PCs offer AI-powered tools such as Cocreator for image generation and live captions for real-time audio translations
Paris Olympics: Javelin thrower Neeraj Chopra will lead a 28-member contingent of athletes at the Paris Olympics, in which a total of 118 Indians will participate
As part of its USD 2 billion Global Medium Term Note Programme
9,331 applications were received for scheme, according to data shared by the Women and Child Development Ministry
Himadri Specialty Chemical rallied 3.58% to Rs 432.40 after the company's consolidated net profit jumped 42.33% to Rs 122.62 crore in Q1 FY25 as against Rs 86.15 crore recorded in Q1 FY24.
What should you look for when choosing motor insurance? All you need to know
Billionaire Elon Musk's Martian dreams stir awe and skepticism alike, as humanity weighs the allure of a new frontier against the tough realities of space colonisation
A scientific paper has indicated that melting polar ice caps are redistributing mass around the equator, slowing Earth's rotation and lengthening days at an unprecedented rate
Indian automotive industry will need up to 2 lakh skilled people by 2030 to meet the government's vision of 30 per cent electric vehicle adoption, the Society of Indian Automobile Manufacturers said on Tuesday. A total talent investment of Rs 13,552 crore is expected for hiring and training the workforce. "As we look ahead, one of the major constraints the auto industry will face is the dearth of skilled electric vehicle capable manpower," Society of Indian Automobile Manufacturers (SIAM) President... Читать дальше...