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Новости за 04.07.2024

Bajaj Finance can become best pick in financial space amongst largecaps in one or two quarters: Digant Haria

Economictimes.indiatimes.com 

​Whatever growth will pick up will probably happen on the infra corporate side. HDFC is not known to be very strong on those sides. So, I do not see that growth and the margin problems will get solved in the immediate quarter and the stock has had a good run up along with the market. So, I think people should celebrate and you have to wait for a few more quarters before the results actually fire up.

GoI must focus on equitable growth and quality employment

Economictimes.indiatimes.com 

The recent Annual Survey on Unincorporated Sector Enterprises (ASUSE) is a valuable source on informal enterprises provided by GoI that promises to tell us about these voters whose dreams lie unfulfilled. They have struggled in the world’s largest informal economy, India, in jobs without social protections and with lower pay.

Bright future for air cargo sector; need to ensure faster turnaround time: Official

Economictimes.indiatimes.com 

The Indian government is working on improving processes and ensuring faster turnaround time in the air cargo sector to tap its potential. The government is also developing logistics hubs to improve the ease of doing business. The air cargo sector accounts for nearly 10% of domestic carriers' revenues and is estimated to grow to USD 16.37 billion by 2027.

Hathras Stampede: Six arrested in incident so far, says Aligarh IG

Economictimes.indiatimes.com 

Aligarh Inspector General (IG) Shalabh Mathur confirmed the arrest of six individuals connected to the Hathras incident. The arrested individuals, comprising four men and two women, were all members of the organising committee and served as 'Sevadars' during the event.

AstraZeneca to invest Rs 250 crore on expansion of its GCC in India

Economictimes.indiatimes.com 

The facility currently occupies 334,000 square feet of office space at Ramanujan IT City, with plans to add approximately 180,000 square feet over the next six months to accommodate this expansion, creating AstraZeneca’s biggest global capability centre.

Why has Kotak re-initiated inflows into smallcap fund? Harish Bihani explains

Economictimes.indiatimes.com 

There is FOMO in certain sectors and themes across caps and not only in smallcaps. Harish Bihani thinks there is scope for identifying ideas and deploying large sums of money in the smallcap category. The probability of any event specific to India disrupting the market is low at this point and they thought that it was an opportune time to reopen the fund

India's EV plans to get a policy boost as govt may fast-track 3 big-ticket schemes

Economictimes.indiatimes.com 

The Indian government plans to fast-track three major electric vehicle schemes in its first hundred days, including incentives for local battery production and electric bus procurement under FAME 3. Aimed at boosting clean mobility, these initiatives aim to propel India towards net-zero goals amid rising global demand for EVs.



Meta’s Threads turns one with 175 million users. What’s driving the growth?

Economictimes.indiatimes.com 

Meta’s Threads, launched July 5, 2023, by Mark Zuckerberg, hits 175 million monthly users, challenging Elon Musk’s X. Despite X's growth, Threads steadily climbs. It tested the ActivityPub protocol, launched an API, started a fact-checking program, posts appear on Mastodon. Instagram promotion boosts users amid political content policy criticism.

Alembic Pharma gets tentative nod from USFDA for Ivosidenib tablets

Economictimes.indiatimes.com 

The company said Ivosidenib tablets are indicated for patients with newly diagnosed Acute Myeloid Leukemia (AML) as monotherapy in adults 75 years or older, or who have comorbidities that preclude the use of intensive induction chemotherapy.

Congress workers block Union Minister George Kurian during visit to Muthalapozhi harbour

Economictimes.indiatimes.com 

Congress workers blocked Union Minister George Kurian's visit to Muthalapozhi to study the rising deaths of fishermen in the harbor channel. The protesters called the construction of the channel "unscientific" and sparked a confrontation with the minister. The protesters argued that Kurian would react after studying the matter and that Kurian should take action against the lives lost.

Centre gives in-principle nod to setting up coal-based thermal power plant in Uttarakhand

Economictimes.indiatimes.com 

The central government has given in-principle consent to the establishment of thermal power plant through THDCIL-UJVNL Energy Company Limited (TUECO), an official release here said. According to the SHAKTI policy, Coal India Limited can allow the supply of coal to the production companies of the central and state governments and their joint ventures at notified rates.

India among most active countries for Meta's Threads

Economictimes.indiatimes.com 

Meta's Threads boasts 175 million users, with India leading. Mark Zuckerberg highlights its impact. Cricket, like IPL, T20 World Cup, is popular, with 200 creators and players such as Rishabh Pant, Ravindra Jadeja, and Suresh Raina. Launched in July 2023, it gained 100 million sign-ups in a week. Other topics include film, TV, and OTT.

UK Election 2024: Rishi Sunak and PIO MPs in danger of losing seats

Economictimes.indiatimes.com 

A recent survey by Savanta and Electoral Calculus for the Daily Telegraph suggests the Conservatives could be reduced to just 53 seats, their worst result in modern history, with Sunak potentially losing his constituency, which he has held since 2015. The study projects a massive 382-seat majority for Labour, winning a total of 516 constituencies.

Sebi asks stock brokers to put in place system for surveillance of trading activities

Economictimes.indiatimes.com 

In the midst of a strong bull market, Sebi has introduced new guidelines for stock brokers aimed at preventing and detecting fraud and market abuse. These guidelines, outlined in Chapter IVA of the Broker Regulations, mandate surveillance systems for trading activities, internal controls, obligations for brokers and their employees, escalation procedures, reporting mechanisms, and the implementation of a whistle-blower policy.

Tesla's Indian drive shifts to neutral as Elon Musk hits the brakes after scrapping April visit plans: Report

Economictimes.indiatimes.com 

Tesla Inc. is unlikely to pursue new investments in India in the near future, sources familiar with the matter said. Following Elon Musk's postponed visit and lack of further communication, Indian officials believe Tesla faces financial constraints. India now focuses on local automakers like Tata Motors and Mahindra & Mahindra to boost its nascent EV market.

Zydus Lifesciences gets tentative approval from USFDA for BP lowering drug

Economictimes.indiatimes.com 

Zydus Lifesciences announced on Thursday that it has received tentative approval from the US Food and Drug Administration (USFDA) to market its generic Azilsartan Medoxomil tablets, which are used to treat high blood pressure. The USFDA's tentative approval covers Azilsartan Medoxomil tablets in strengths of 40 mg and 80 mg.

Rajasthan: Youth Congress stages 'rail roko' protests, demands cancellation of NEET-UG

Economictimes.indiatimes.com 

Youth Congress workers protested at Jaipur's Gandhi Nagar railway station, demanding the cancellation of the NEET-UG 2024. The protesters demanded resignation of Union Education Minister Dharmendra Pradhan and criticized Prime Minister Narendra Modi. Similar protests were held across Rajasthan under the "Rail Roko Abhiyan" initiative.

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India's Rudram-1 Missile: How does it stack up against global competitors?

Economictimes.indiatimes.com 

India has successfully tested its first indigenous anti-radiation missile, the Rudram-1, developed by DRDO for the Indian Air Force. Integrated with Sukhoi-30MKI jets, it targets radiation sources with INS-GPS navigation and a Passive Homing Head, crucial for Suppression of Enemy Air Defence (SEAD). Compared globally, Rudram-1 enhances India's SEAD capabilities against adversaries like the US (AGM-88 HARM), Russia (Kh-58), UK (ALARM), China (FT-2000), Iran (Hormoz-2), and Brazil (MAR-1). This milestone... Читать дальше...

5 stock market myths in a raging bull market: Kotak Equities

Economictimes.indiatimes.com 

Despite the ongoing bullish trend on D-Street with frequent new highs, Kotak Institutional Equities has cautioned investors by debunking five prevalent market myths in a recent note. Among these myths are beliefs that Indian markets are currently trading at reasonable valuations and that robust GDP growth guarantees high returns.

Zomato suspends hyperlocal goods delivery service ‘Xtreme’: sources

Economictimes.indiatimes.com 

Zomato's hyperlocal goods delivery service 'Xtream' was rolled out in nearly all the 750-800 cities where the company offers food delivery. Zomato has also removed the Xtream app from Google Play Store as well. The online food delivery giant has more than 300,000 delivery executives nationwide.

Chandrababu Naidu meets PM Modi, seeks Central govt's support for Andhra Pradesh

Economictimes.indiatimes.com 

Andhra Pradesh Chief Minister N. Chandrababu Naidu met with Prime Minister Narendra Modi to seek support for the state's development. Naidu requested enhanced assistance if special category status cannot be granted. During his two-day visit to Delhi, he also discussed state-specific issues with Union Ministers Nitin Gadkari and Piyush Goyal.


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