Tata Elxsi shares gain 0.19% as Sensex rises
A total of 1,322 shares changed hands on the counter till 11:11AM (IST)
A total of 1,322 shares changed hands on the counter till 11:11AM (IST)
Rohit Sharma, holding the T20 World Cup trophy like a new-born, walked to the beach for a photo shoot, reflecting on India's first ICC title in 11 years. Overwhelmed with emotions, Rohit described the win as surreal, celebrating with teammates all night. Despite his lack of sleep, he cherished every moment of the victory. Rohit's instinctive tribute to the pitch, putting a speck of soil in his mouth, symbolized his gratitude for the historic win. He expressed relief and joy, emphasizing the hard work that led to this triumph.
Microsoft consolidates retail channels in mainland China, impacting authorised physical retailers. Closure details undisclosed. No confirmation on number of stores impacted. Company focuses on channel approach in Mainland China. Products available via partners and website. No direct physical stores in China. Report by Casey Hall; Edited by Stephen Coates.
AC stocks surge post heatwave, showing robust growth amidst cyclicality risks. Price hikes fuel expectations of strong growth momentum and secondary sales. Market growth relies on cooler penetration driven by purchasing power, not just rising temperatures.
The Nifty Auto index was trading 0.08 per cent down at 25304.7.
Naomi Osaka, returning to Wimbledon after a hiatus, secured a 6-1, 1-6, 6-4 victory over Diane Parry, marking a significant comeback to the Grand Slam scene. Despite past struggles on grass, Osaka expressed excitement at being back, reminiscing about watching Wimbledon while in the hospital after giving birth.
A total of 57,409 shares changed hands on the counter till 11:06AM (IST)
Prime Minister Narendra Modi urged NDA MPs on Tuesday to adhere to parliamentary rules and conduct, while learning from senior members about best practices. This advice comes a day after Rahul Gandhi, Leader of Opposition, was accused by the ruling alliance of delivering a "most irresponsible" speech.
A temporary shed collapsed at the Hyatt Regency Hotel compound, causing minor injuries to two individuals. In a separate occurrence, a Delhi Transport Corporation (DTC) bus overturned on Ring Road, injuring one person. Authorities have launched investigations into both incidents to ascertain the causes and ensure necessary preventive measures are in place.
US-based Hindenburg Research criticized Sebi's show cause notice alleging violations of Indian securities laws as "nonsense" and claimed it was concocted to fulfill a predetermined agenda. The investment management firm led by Nate Anderson is currently initiating the process of filing a Right to Information (RTI) request to obtain the names of Sebi employees involved in both the Adani and Hindenburg matters.
Foreign investors seek improved access to Indian bonds through global platforms, awaiting RBI approval. The new model aims for efficient trading with straight-through processing on the NDS-OM platform.
Petro Carbon and Chemicals, under the Atha Group, dominates the B2B market by supplying calcined petroleum coke to a wide range of industries, ensuring high-quality carbon anodes for aluminum smelting. Its strategic growth through vertical integration and tech innovation secures its position in the market.
Iran will hold a runoff presidential election Friday, only its second since the 1979 Islamic Revolution, after only 39.9% of its voting public cast a ballot the previous week. Of over 24.5 million votes, more than 1 million ballots were later rejected - typically a sign of people feeling obligated to head to the polls but wanting to reject all the candidates.
A total of 318,932 shares changed hands on the counter till 11:01AM (IST).
Gold and silver prices remain stable but cautious as markets await speeches from Fed Chair and ECB President. Manoj Kumar Jain predicts price volatility this week.
Hindenburg Research said Kotak Mahindra Bank setup an offshore fund structure to short Adani stocks, causing Kotak's shares to drop by up to 2% to a low of Rs 1,768 on the BSE. The investment firm also targeted Uday Kotak, the founder of the bank, who personally chaired Sebi's 2017 Committee on Corporate Governance.
The Nifty IT index was trading 1.03 per cent up at 37247.8.
A day after the tragic incident in Lonavala, where five people drowned near Bhushi Dam, another heartbreaking event occurred in Pune. Swapnil Dhawade, a 38-year-old retired army personnel from Pimpri Chinchwad, was swept away by strong currents while trekking in the Tahmini Ghat area. His body was found two days later in Mangaon, Raigad district, adding to the monsoon season's growing list of casualties in Maharashtra's Western Ghats.
Akiko Global Services debuted on the NSE SME platform with a 27.27% premium. The IPO was oversubscribed 30 times. The company focuses on credit cards and loans, using direct selling for product demos. In January 2024, their revenues were Rs 26.09 crore, with a profit after tax of Rs 3.21 crore.
Rishi Shah, co-founder of Outcome Health, has been sentenced to seven and a half years in prison for his role in a $1 billion fraud scheme involving high-profile investors like Goldman Sachs and Google's parent company, Alphabet. The scheme, which included inflating advertising inventory and deceiving investors and clients, was uncovered in 2017. Shah's extravagant lifestyle, funded by fraudulent activities, included private jets and yachts. His sentencing marks the conclusion of one of the largest corporate fraud cases in recent history... Читать дальше...
Since going public in 2015, the Italian company has expanded both the volume and variety of cars it sells, while preserving exclusivity by raising prices, restricting who can order vehicles and resulting in long waiting lists. Around three-quarters of its cars are purchased by existing clients, while almost half the company’s vehicle sales are hybrids.
A total of 3,023 shares changed hands on the counter till time (IST).
G M Breweries, Refex Industries, DCX Systems, Rane Holdings and JK Paper, hit their fresh 52-week highs at 10:55AM.
Indian rupee weakens as Asian currencies fall amid strong dollar demand. US bond yield rise impacts currencies, with Chinese yuan and Korean won leading losses.