BC Jindal Group announces its entry into India's renewable energy sector with a plan to invest $2.5 billion over the next five years. The group aims to generate 5 GW of renewable power and manufacture photovoltaic cells and modules, leveraging its existing power generation capabilities.
A total of 346,435 shares changed hands on the counter till 12:43PM (IST)
UK YouTuber Miles Routledge caused a stir online after he made racist comments about Indians on X. He shared controversial remarks about launching nuclear missiles at India and engaged in a degrading conversation with a troll account. The posts attracted significant backlash and went viral, receiving millions of views.
Shiv Sena (UBT) leader Sanjay Raut stated that locals, not outsiders, protested the alleged sexual assault on two kindergarten girls in Badlapur. He shared police documents confirming this, contradicting the Maharashtra government's claims. The incident led to clashes and a lathi charge by police. Chief Minister Eknath Shinde claimed political motives behind the protests.
Promoters held 74.65 per cent stake in the company as of 30-Jun-2024, while FII and DII ownership stood at 9.22 per cent and 6.81 per cent, respectively.
Resourceful Automobile's SME IPO is now open until August 26, aiming to raise Rs 12 crore by issuing 10.24 lakh shares at Rs 117 each. The company specializes in automobile sales and plans to use the funds for expansion and debt repayment. Shares are trading at a 60% premium in the unlisted market.
This understanding has been developed over the last many years and we know where such people live in the country and so we go typically where they live and put up the stores in those cities, broadly in the localities where they live or convenient to where they live, so that is the broad approach.
Dabur has announced a Rs 400 crore investment to set up its first manufacturing plant in South India, located in Tamil Nadu's SIPCOT Food Park. The project is anticipated to generate direct employment for 250 people and benefit local farmers. The new plant aims to meet growing demand in the southern market more effectively.
Hangyo Ice Creams, a Mangaluru-based company, has secured funding worth Rs 211 crore from Faering Capital. The funds will be used to strengthen production capabilities and develop new offerings. This comes amid ice cream brands attracting venture capital funding.
A total of 92,096 shares changed hands on the counter till 12:33PM (IST).
Rapid Multimodal Logistics has launched its SME IPO to raise Rs 8.5 crore, with the issue open until August 27. The Chennai-based logistics firm is offering shares at Rs 84 each. Proceeds will be used for working capital and general corporate purposes. Listing is expected on the BSE SME platform by August 30.
Rapid Multimodal Logistics has launched its SME IPO to raise Rs 8.5 crore, with the issue open until August 27. The Chennai-based logistics firm is offering shares at Rs 84 each. Proceeds will be used for working capital and general corporate purposes. Listing is expected on the BSE SME platform by August 30.
The Group of Ministers (GoM) on GST rate rationalisation will meet on Thursday ahead of the GST Council meeting on September 9. This crucial meeting, led by Bihar Deputy CM Samrat Chaudhary, aims to review progress and propose rate changes to simplify the GST structure and enhance revenues.
Foxconn's announcement comes soon after chairman Young Liu met PM Narendra Modi and heads of state in the country. This move is meant to strengthen the capital of the India subsidiary. The contract manufacturer has been betting big on India and wants to move up the value chain beyond smartphones.
The Assam government, led by Chief Minister Himanta Biswa Sarma, is set to introduce a controversial bill in the upcoming state assembly session starting on August 22, mandating the government registration of marriages and divorces within the Muslim community. The bill has sparked opposition, with critics arguing that it interferes with religious practices. While the opposition supports amending child marriage provisions, they strongly oppose government involvement in marriage and divorce regulations, citing concerns over religious autonomy. Читать дальше...
There have been some reports which have been hinting that inventory level in the auto sector might be hitting higher levels. One of the reasons could be the fact that some build up is taking place due to the forthcoming festive season. What needs to be watched is whether the discounts which are given in the festive season see any sharp rise in the coming two months. If not then probably this inventory issue is a short term one. Check out Stock Reports Plus, powered by Refinitiv, for price targets... Читать дальше...
Rahul Gandhi suggested a possible Congress coalition in Jammu & Kashmir, possibly with Farooq Abdullah's National Conference Party. Speaking in Srinagar, he stressed the significance of J&K's representation and commended Congress workers' efforts. The assembly elections will occur in three phases, with the vote count on October 4.
A total of 222,796 shares changed hands on the counter till time (IST).
When it comes to sugar and salt, two common staples in our diets, moderation is key.
On the technical charts, the RSI of the stock stood at 49.97.
Cyber Dost, under the home ministry, warned about a fraudulent letter claiming to be from the Indian Cybercrime Coordination Centre. The letter falsely accuses recipients of accessing child pornography and threatens legal action within 24 hours. The Times of India received a similar letter. Users are advised to remain calm and report any cyber crime.
Chief Justice of India DY Chandrachud led the Supreme Court in resuming the hearing of the Kolkata doctor-murder case. He urged protesting doctors to return to work, assuring them of protection. The Court emphasized the increasing violence against medical professionals and suggested several reforms for their safety, especially for women.
On Chiranjeevi's 69th birthday, the 'Vishwambhara' team unveiled a pre-look poster featuring him in a compelling pose. The socio-fantasy film, directed by Vassishta Mallidi, includes a notable cast and is set for release on January 10, 2025. High-quality graphics and an engaging storyline are expected to captivate audiences.
Amit Khurana, head of equities at Dolat Capital, recommended clients focus on domestic consumption stocks for better performance over the next 12 to 18 months. He highlighted Ajanta Pharma and Lupin in the pharma sector but remains cautious about banks due to macro concerns. Khurana also favors the affordable housing sector.