Husk Power Systems plans to raise up to $400 million in debt and equity to expand its solar mini-grid operations in India and Africa. The funds will support growth ahead of a 2027 IPO, aiming to increase its mini-grids from 400 to meet high demand for renewable energy.
On the technical charts, the RSI of the stock stood at 51.77.
Reducing customs duties on smartphone parts may harm India's local component ecosystem, discourage investment, and cause job losses. Current policies emphasize local production and self-reliance in electronics. Maintaining tariffs is crucial to support the industry's growth, which has notably increased India's smartphone production and exports.
Only three equity mutual fund categories posted positive returns in the last three months, with Technology sector-based funds leading at 3.59%. Pharma & Healthcare funds offered 2.91%, while International funds returned 1.55%. Invesco India Technology Fund and WOC Pharma and Healthcare Fund were top performers, delivering 7.27% and 7.07%, respectively, during this period.
only a true temple expert can score 100% on this quiz
Delhi Election 2025: Shiv Sena MP Sanjay Raut expressed concerns over the intense battle between AAP and Congress ahead of the Delhi assembly elections, suggesting it benefits BJP. He emphasized that the focus should be against BJP nationally and criticized Congress for labeling Arvind Kejriwal as 'deshdrohi.'
Senku Ishigami and his team from Dr. Stone are heading to North America for their next adventure. They need sweetcorn to mass-produce revival fluid for their space program. New challenges and conflicts may arise with locals. Season 4, "Dr. Stone: Science Future," will release on January 9, 2025, and will be available on Crunchyroll and Netflix.
A powerful 7.1 magnitude earthquake struck western China near Nepal, killing over 50 people. This is one of the deadliest earthquakes in recent years. Major past earthquakes in China include the Sichuan quake in 2008, and other significant tremors in Yunnan, Gansu, and Qinghai provinces. The Tibetan Plateau remains a highly seismically active region.
In the past 24 hours, the market capitalization of Bitcoin, the world's largest cryptocurrency, increased to $2.015 trillion. Bitcoin's dominance currently stands at 56.32%, according to CoinMarketCap. Additionally, BTC's trading volume surged by 94.4% to reach $49.85 billion.
Indian banks are expected to face continued earnings pressure in Q3 due to subdued credit growth, rising funding costs, and NIM compression. Private banks may have better earnings momentum than public sector peers, supported by stronger asset quality and fee income growth.
IAS officer Ms. Supriya Sahu shared a rare and stunning video of two snow leopards playing in the snow in Ladakh's Zanskar region. Captured by Tashi Tsewang, the 28-second clip highlights the majestic and elusive nature of these animals. Snow leopards, or 'ghosts of the mountains,' are rarely seen, making this footage a remarkable find.
The stock quoted a 52-week high of Rs 719.80 and a 52-week low of Rs 486.75.
Home Minister Amit Shah launched Bharatpol, a CBI initiative aimed at improving coordination among Indian law enforcement agencies. Bharatpol will enable greater ease of connecting with Interpol, facilitating international investigations and enhancing efforts to control crime effectively across all states in India.
TDS on salary: The income tax rules have changed in recent years. Due to this, not all salaried employees now have to submit investment and expenditure proofs to avoid full tax on salary. Employers have sent emails to the employees reminding them to submit tax-saving proofs to avoid higher tax deduction from salary.
The Relative Strength Index of the stock stood at 40.86 on Tuesday.
Standard Glass Lining Technology's IPO, which opened for subscription on January 6, had been subscribed 17.61 times by day two, with the highest demand from non-institutional investors. The raised funds will be utilized for capital expenditure, debt repayment, and strategic investments. The issue is valued at FY24 P/E 47.8x based on the upper price band.
JSW MG Motor India raises prices of its top-selling Windsor EV by Rs 50,000 across all variants, discontinuing introductory pricing and free charging offers after selling 10,000 units. The Windsor EV is now priced between ?13.99 lakh and ?15.99 lakh, with a lifetime battery warranty for first owners and significant sales growth recorded.
The Telangana High Court has refused to quash the FIR against BRS working president KT Rama Rao regarding the Formula E race case, lifting the protection against his arrest. The Anti-Corruption Bureau has charged him with criminal misappropriation and misconduct, leading to a significant financial loss for the government.
A total of 1,105 shares changed hands on the counter till 11:41AM (IST)
A total of 760,402 shares changed hands on the counter till 11:36AM (IST)
Tehreek-i-Taliban Pakistan militants have declared their intention to target businesses owned by Pakistan's powerful army, amid escalating tensions and border clashes with Afghanistan. They have given a three-month deadline for investors to divest from military-owned firms and instructed shopkeepers to phase out military products within two months.
But Zomato is very well established and they have already been generating profits. So, after the consolidation again the stock if one has a little longer-term view, still has good promise
During Sen. Deb Fischer's swearing-in ceremony, her husband Bruce Fischer declined to shake hands with Vice President Kamala Harris, which gained significant social media attention. Despite the awkward moment, Sen. Fischer shared an uplifting message emphasizing unity and dedication to her constituents.