Indian Hotels shares 0.2% as Sensex
A total of 21,203 shares changed hands on the counter till 01:28PM (IST)
A total of 21,203 shares changed hands on the counter till 01:28PM (IST)
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Andhra Pradesh Chief Minister N Chandrababu Naidu expressed optimism that once the construction of Amaravati is completed, the state will become a prime destination for filmmaking. He highlighted the growth of the film industry in Hyderabad and discussed various developmental projects in Amaravati, including housing and infrastructure developments.
Basic Home Loan, a fintech start-up, secured $10.6 million in Series B funding. The funds will be used to grow its market presence, develop its lending book, and upgrade technology. They are targeting significant loan disbursement growth and have assisted over 250,000 families since 2020.
Bajaj Finance Share Price: Citi expects Bajaj Finance to maintain stable loan growth, supported by a 3-5 basis point improvement in net interest margin, boosting profitability. While credit costs are projected to rise slightly to 2.2-2.5%, the company’s strong fundamentals remain solid, the note added.
8 easy-to-grow vegetables for your balcony garden.
The Enforcement Directorate (ED) conducted raids at eight locations across West Bengal, including Kolkata's Park Street, Salt Lake, and Baguihati, as part of an investigation into a cyber fraud case involving over Rs 1,000 crore in Tamil Nadu. One person was detained for questioning during the raids.
A total of 413,438 shares changed hands on the counter till 01:13PM (IST).
India is set to transmit quantum signals into space from Ladakh, with key locations like Hanle identified for their optimal conditions. This breakthrough in satellite-based quantum communication enhances global security, focusing on Quantum Key Distribution.
So, look to buy on dips, that should be your strategy for the current market scenario. At 24,000 today, the risk-reward is not favourable for fresh longs, but if there is an intraday dip, you can be a buyer at these junctures.
It is very likely that the first six months of 2025 will be very different from the next six. The reason is simple: The world will adjust to the new order which the Trump administration will usher in on January 20. This will affect equity markets, but the first impact will be felt in the currency markets. So, keep an eye on the currency market, as currency depreciation is likely to remain in focus for the next couple of months. In order to tackle volatility, it would be better to stick with large-cap... Читать дальше...
Car sales growth slowed to 5% in 2024, the slowest in four years. SUV popularity drove sales, but urban markets saw challenges. Rising car prices and lackluster demand forced price cuts. Maruti Suzuki and Tata Motors posted record sales, while Hyundai saw near-flat growth. Automakers seek government incentives and tax cuts to boost future sales.
PNGRB has criticized Petronet LNG for profiting at the expense of gas consumers by repeatedly raising tariffs at its Dahej terminal without passing on benefits from capacity expansions and higher utilization. The regulator is pushing for a framework to regulate its regasification activities.
The Global Trade Research Initiative (GTRI) urges a thorough assessment of the Indian steel industry before implementing a proposed safeguard duty, citing technical weaknesses in the current investigation and calling for simplified import processes and collaboration with international labs for quality control.
Xiaomi India has appointed Sandeep Singh Arora as its chief business officer to lead business development, drive revenue growth, and expand market presence. Arora brings experience from Samsung, PepsiCo, and Unilever. This appointment follows the recent recruitment of Sudhin Mathur as chief operating officer, reinforcing the all-Indian leadership team in India.
The stock quoted a 52-week high of Rs 2697.45 and a 52-week low of Rs 2088.55.
Hyundai has teased the Creta Electric, set to debut at the Bharat Mobility Global Expo 2025. It will replace the Hyundai Kona Electric and is expected to be available in four variants. The Creta Electric will offer features like a panoramic sunroof, 360-degree camera, and will have an ARAI certified range of up to 473 kms.
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Promoters held 70.08 per cent stake in the company as of 30-Sep-2024, while FII and DII ownership stood at 8.41 per cent and 2.87 per cent, respectively.
Investors should build their long-term mutual fund portfolio based on their age, risk-taking ability, and long-term goals.
Non-life insurers in India expect double-digit growth in 2025. Key drivers include a conducive regulatory environment and innovative products. Health insurance will likely continue leading, while segments like pet insurance, liability, and housing gain traction. Crucial factors are GST relief and updated motor third-party rates. Digital innovation will also play a significant role.
Ravi Dharamshi, CIO of ValueQuest Investment, predicts that India will become an energy-exporting nation within ten years, driven by a shift from fossil fuels to renewable energy, particularly solar. He emphasizes the importance of protection for strategically significant sectors and discusses the evolving nature of consumption and the prospects for various financial segments.
Billionaire Mukesh Ambani is preparing for Reliance Jio’s IPO, expected to raise Rs 35,000-40,000 crore, marking one of the largest IPOs in Indian history. Valued at $120 billion, the IPO is set for the second half of 2025. It will include both existing and new shares, along with a pre-IPO placement for select investors. Official confirmation is pending.
In 2025, the demand for astrological guidance is expected to rise. Acharya Indravarman, with deep Vedic astrology knowledge, is a leading figure. Other notable astrologers include Bejan Daruwalla, K.N. Rao, Dr Prem Kumar Sharma, and Sanjay B Jumaani. These experts provide insights on relationships, careers, health, and finances.
A total of 281,690 shares changed hands on the counter till time (IST).