Four Kirloskar companies, including Kirloskar Ferrous Industries and Kirloskar Oil Engines, are set to legally challenge SEBI's directive to disclose a 2009 family settlement deed. SEBI's directive arises despite ongoing legal disputes among the Kirloskar siblings and claims by the companies of no operational impact from the settlement.
Air Kerala is set to launch operations from Kannur International Airport in June 2025, focusing initially on domestic routes within a one and a half-hour range. The airline plans to later expand to international flights, leveraging Kannur Airport's infrastructure to become a key travel hub.
In 2024, Indians widely adopted quick commerce platforms for fast deliveries. This trend will grow in 2025, with more products available and higher demand in metro areas. Major companies like Flipkart, Amazon, and Myntra are joining this space. Challenges include profitability and expansion into smaller cities. The sector is projected to exceed $6 billion in sales.
The Indian Navy will commission two indigenously constructed warships, Surat and Nilgiri, and the submarine Vagsheer on January 15. These platforms, featuring advanced sensors and weapons, significantly boost combat capabilities and symbolize India's achievements in defence self-reliance and indigenous shipbuilding. The event highlights the nation's commitment to a robust and self-sufficient defence ecosystem.
As 2025 nears, experts recommend blending growth, value, and quality investing to navigate market challenges. Strategies include identifying undervalued growth stocks, balancing growth and value themes, and adopting a cautious approach with capital preservation and margin of safety.
Tech billionaire Elon Musk celebrated New Year's Eve with his son at US President-elect Donald Trump at Mar-a-Lago. Pictures and videos of Musk and Trump enjoying together have gone viral on social media. The Tesla CEO also shared what he feels about new year 2025 and shared his prediction. Musk, dressed in a black suit, is seen holding his son on his shoulders, can be seen dancing at the party.
The technology sector is poised for strong growth in FY25, driven by increased investments in digital transformation, AI, and cloud computing. Key growth drivers include large-scale IT modernization projects, the rise of GenAI, and increasing demand for managed services. Healthcare is emerging as a key growth area.
Kerala's new Governor, Rajendra Vishwanath Arlekar, aims to assist the state government without confrontation. Arlekar met with Goa's Governor, PS Sreedharan Pillai, for insights about Kerala. President Droupadi Murmu appointed Arlekar. Arif Mohammad Khan is now Governor of Bihar. Arif Khan thanked the people of Kerala as his term ended.
HDFC Flexi Cap Fund follows a robust risk management approach built on four pillars: regulatory and internal compliance, real-time monitoring, and a research-driven investment process combining quantitative and qualitative analysis.
Trump is likely to impose tariffs, initiating trade wars that could impact India and other countries. Uncertain global conditions might drive investors toward the dollar, affecting emerging markets. Additionally, India's upcoming budget is expected to focus on continuity and capex, while inflation rates remain a concern for the new RBI governor.
Hyundai Motor India Ltd reported a 2.4% decline in total sales in December 2024, with 55,078 units sold compared to 56,450 units in December 2023. Despite this, the company achieved its highest-ever yearly domestic sales of 6,05,433 units in 2024, marking a modest increase from 2023.
The value of these transactions totalled Rs 23.25 lakh crore, compared with Rs 21.55 lakh crore in the previous month, according to data released by NPCI on January 1. According to NPCI data, the Immediate Payment Service (IMPS) that allows users to transfer funds real time between banks recorded 441 million transactions in December, amounting to Rs 6.02 lakh crore.
A lot of emerging market currencies have all depreciated substantially, whether you look at the Brazilian real, the Korean won, South African rand, and so on and so forth. And against all of that, you would say the INR is depreciated by much lesser to the extent of, say, 2% to 2.5%.
Jasprit Bumrah surpassed Ravichandran Ashwin's all-time rating-point record by an Indian, reaching 907 in the ICC Test bowler rankings. His performance aided this feat during the Boxing Day Test. Additionally, Pat Cummins and Yashasvi Jaiswal saw significant rating improvements after their notable contributions in the same series.
Sunita Williams, who has been abroad the International Space Station for over eight months now, will celebrate New Year in an unique and extraordinary way. Williams and her crew had been stuck in space due to Boeing Starliner spacecraft suffered technical issues. She will see 16 sunrises across the Earth on New Year's Day.
Katrina Kaif praises her mother-in-law Veena Kaushal's homemade hair oil, which includes ingredients like onion, amla, and avocado. She describes the process of making the oil and emphasizes the effectiveness of home remedies. Katrina also shares her passion for skincare and her recent discovery of the gua sha tool.
Investing in sectoral funds requires assessing risk tolerance, understanding sector cycles, and maintaining portfolio diversification. Focus on fund management expertise, investment horizon, and staying informed on sectoral trends to make well-informed investment decisions.
OYO Rooms' founder, Ritesh Agarwal, has revealed that several lesser-known hill stations and spiritual destinations saw a dramatic surge in bookings this New Year. Locations like Coorg and Mussoorie experienced notable growth, while spiritual sites like Shirdi and Ajmer also attracted record numbers of travellers. OYO's global bookings increased by 58% compared to 2023, with over 10 lakh users on New Year's Eve. The company also posted a profit, buoyed by its acquisition of G6 Hospitality.
A total of 405 shares changed hands on the counter till 02:09PM (IST)
As of 30-Sep-2024, promoters held 0.0 per cent stake in the company, while FIIs held 17.5 per cent and domestic institutional investors had 17.51 per cent.
The violence against Hindus in Bangladesh has aided the West Bengal BJP's membership efforts. The party is leveraging these events to consolidate Hindu support and criticise TMC's alleged minority appeasement ahead of the 2026 elections. Despite internal issues, the BJP is striving to meet its membership targets and strengthen its base in the state.
Indian equities are expected to rise after initial declines due to foreign selling and other factors. Sectors like banking, IT, and pharma show promising prospects for 2025, bolstered by strong earnings, improved asset quality, and potential US policy changes under Trump that may benefit these industries.
A total of 21,254 shares changed hands on the counter till time (IST).