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30.10 / 04:17
markets Analysis Enterprise Trade Experts reports International Adani Enterprises shares in focus after Q2 profit skyrockets 664% YoY to Rs 1,742 crore
Adani Enterprises shares are in focus on Wednesday after the firm reported a 664% year-on-year (YoY) jump in its consolidated net profit for the September quarter, reaching Rs 1,742 crore, compared to Rs 228 crore reported in the same period last year. The company's revenue from operations stood at Rs 22,608 crore in the reported quarter, which represents a 16% increase compared to Rs 19,546 crore in the corresponding quarter of the previous financial year.
30.10 / 04:17
markets Analysis Research Trade Experts performer Sensex drops over 300 points, Nifty below 24,400; pharma, bank stocks lead declines
Sensex and Nifty50, opened in the red on Wednesday, dragged down by banking and financial stocks amid persistent foreign selling and weak corporate earnings. The BSE Sensex was trading 331 points, or 0.41%, lower at 80,042. The Nifty50 was down 111 points, or 0.46%, trading at 24,355 around 9:17 am.
30.10 / 04:17
markets BURST WhatsApp love Divinity Celebrity peace Chhoti Diwali Images: Best 50+ Happy Chhoti Diwali 2024 Images, Whatsapp status, greetings in english & hindi for friends and family
Choti Diwali, also known as Naraka Chaturdashi, is observed on the second day of the five-day Diwali festival. The day celebrates the victory of light over darkness and good over evil. According to tradition, it is believed that Lord Krishna defeated the demon Narakasura on this day. The celebration involves lighting diyas, exchanging sweets, and bursting fireworks.
30.10 / 03:59
Target Trade War reports International How the Houthis went from ragtag rebels to global threat
Subscribe to enjoy similar stories. Iran’s “axis of resistance" has suffered a series of blows delivered by Israel over the past month, including operations targeting the leadership of Hamas in Gaza and Hezbollah, and a strike last week on Iran’s missile-making facilities used, in part, to supply the groups. That hasn’t stopped Yemen’s Houthis from targeting more ships this week in the Red Sea with drones and missiles, the latest demonstration of how an escalating regional war appears to be boosting a once minor Iran-backed player in the region.
30.10 / 03:37
markets IPO Analysis Food Trade Experts band Swiggy sets price band at Rs 371-390 for Rs 11,327 crore IPO. Check details
Swiggy announced the price band for its upcoming Rs 11,327.43 crore IPO as Rs 371-390 apiece. The issue comprises a fresh issue of shares amounting to Rs 4,499 crore with an offer for sale (OFS) for 17,50,87,963 equity shares. At the upper end of the price band, the OFS component stands worth Rs 6,828.43 crore.
30.10 / 03:37
markets UPS Provident Analysis wellness Trade Experts ETMarkets Smart Talk: Capex, industrials, energy transition, and pharma among top bets till next Diwali: Rakesh Parekh
Energy transition, Select Financials and broader domestic consumption themes,” says Rakesh Parekh, MD & Co-head, Portfolio Management Services, JM Financial Ltd. In an interview with ETMarkets, Parekh said: “We are also very positive on the Healthcare & Pharma space, especially high quality CDMO & Speciality API Mfg companies” Edited excerpts:
30.10 / 03:37
markets Target Analysis trends Trade Experts performer Cipla stock in focus after Q2 PAT beats estimates. Should you buy, sell or hold?
Cipla's shares will be in focus during Wednesday's trading after the company posted a 15% growth in its consolidated net profit, reaching Rs 1,303 crore for the quarter ended September 2024, compared to Rs 1,131 crore in the year-ago period. The profit exceeded the ET Now poll estimates of Rs 1,218 crore. Revenue from operations rose 6% year-on-year (YoY) to Rs 7,051 crore in the July-September 2024 period, compared to Rs 6,678 crore in the same period last year. The company reported an EBITDA growth of 12% YoY, reaching Rs 1,886 crore in the second quarter.
30.10 / 03:37
markets Manufacturing CEO Mobile NVIDIA AMD The rise and decline of Intel
Intel CEO Pat Gelsinger inherited a troubled company that had lost its edge in manufacturing skills and had ceded to rivals the hugely lucrative markets for chips used in mobile phones and artificial intelligence. 1968 — Robert Noyce and Gordon Moore found Intel, helping reshape California's Santa Clara Valley from fruit orchards into the Silicon Valley tech hub. 1971 — Intel introduces the 4004, the world's first commercially made programmable microprocessor, with 2,300 transistors. These were among the first chips that could be programmed to perform specific functions, unlike previous processors that were hardwired only for a certain task — a turning point in the history of the semiconductor industry that laid the groundwork for the development of CPUs.
30.10 / 03:37
markets Reuters Digital awards RAI Schools RBI to cut rates in December to 6.25%, say narrow majority of economists: Reuters poll
Inflation unexpectedly spiked to 5.49% in September, but was forecast to cool to an average 4.9% this quarter and drop to 4.6% in January-March, giving the Reserve Bank of India (RBI) room to ease policy. The central bank has held interest rates at their highest since early 2019 for the past 10 meetings.
30.10 / 03:37
country voice reports Equality rights Updates International Census call: India’s emergence must get its balancing act right
Subscribe to enjoy similar stories. The Union government is reportedly planning to conduct India’s much-delayed decadal census exercise in 2025 and complete it the year after.
30.10 / 03:37
UPS Election BAY community Pride show Schools Why the 2024 US presidential election is a Diwali gift to Indian Americans
Subscribe to enjoy similar stories. The “Diwali stamp" was practically an annual ritual in the United States. While working in the San Francisco Bay Area in the 2000s I remember every year someone or the other would forward an email with a petition to the United States Postmaster General, asking them to issue a Diwali stamp.
30.10 / 03:37
markets Digital Career Discover Death film reports Nishad Yusuf death: Editor of Suriya’s Kanguva and Mammootty’s Bazooka found dead in Kochi flat
Malayalam film editor Nishad Yusuf, aged 43, was discovered dead at his residence in Panampilly Nagar, Kochi, around 2 a.m. on Wednesday, news reports said. His sudden demise has sent shockwaves across the film industry, leaving fans and colleagues in grief. Nishad Yusuf had built an impressive career, earning acclaim for his editorial work on notable films like Thallumaala and Unda. His exceptional editing skills in Thallumaala earned him a prestigious State Award. Recently, he had worked on high-profile projects including Mammootty’s Bazooka and Suriya’s upcoming film Kanguva, scheduled to release on November 14. He was also involved in several other projects, including Operation Java, Saudi Vellakka, One, Chaveer, Ramachandra Boss & Co, Udal, Adios Amigo, Alangam, Exit, and One Thousand Lies.
30.10 / 03:37
markets Strategy Experts PAM social Schools After denial of ticket, Shiv Sena's Palghar MLA untraceable
Shiv Sena's sitting MLA from Palghar, Shrinivas Vanga, who was upset after being denied ticket by his party for the upcoming Maharashtra assembly polls, has been untraceable, as per his family members. Vanga's family has so far not filed any police complaint. A senior police official from Palghar on Wednesday morning said there was no update on Vanga's whereabouts as of now. The legislator has apparently been incommunicado since Monday evening.
30.10 / 03:37
markets Target Art Analysis Trade Experts recommendations Stocks to buy today: HDFC Bank, L&T among top 9 trading ideas for 30 October 2024
The Nifty future closed positive with gains of 0.50% at 24,470 levels on Tuesday.
30.10 / 03:37
Merit Updates ICAI CA Foundation, Inter Result 2024 Live Updates: Results for September 2024 exam expected today at icai.nic.in
ICAI CA Foundation, Inter Results 2024 LIVE Updates: The Institute of Chartered Accountants of India (ICAI) is expected to announce the results of the CA Foundation and Intermediate exams which were held in September 2024.As per the official statement by the ICAI, the results are likely to be released on October 30. Once the results are out candidate can check their Intermediate, Foundation scores on the ICAI official website i.e.
30.10 / 03:37
markets economy performer reports Mint Quick Edit | Maruti Q2 results signal: Slump or blip?
Subscribe to enjoy similar stories. A day after the finance ministry flagged weakness in urban demand, Maruti Suzuki’s quarterly results seemed to confirm that concern.
30.10 / 03:37
markets UPS Target security Analysis Trade reports Buy Bank of Baroda, target price Rs 310: Axis Securities
Axis Securities has a buy call on Bank of Baroda with a target price of Rs 310. The current market price of Bank of Baroda is Rs 248.2. Bank of Baroda, incorporated in 1911, is a banking company with a market cap of Rs 1,28,565.24 crore. Bank of Baroda's key products/revenue segments include Interest & Discount on Advances & Bills, Income From Investment, Interest On Balances with RBI and Other Inter-Bank Funds and Interest for the year ending 31-Mar-2024.
30.10 / 03:37
markets Analysis economy Trade Experts Cycling performer Fund Manager Talk | Bank stocks will deliver above average performance for next few years: Chandraprakash Padiyar
Stating that financials as a sector and banks specifically offer better risk reward opportunity, Chandraprakash Padiyar, Senior Fund Manager, Tata Asset Management, says given the positive regulatory environment for banks in terms of early warning, asset quality will remain strong over cycle enabling higher growth in credit and ROE, leading to better valuations. «We see ingredients in place for a positive next few years for the market with the largecap segment doing better than midcap and smallcaps,» he says. Edited excerpts from a chat:
30.10 / 01:23
UPS Digital CEO Entertainment film Experts country Non-film conglomerates can revitalize struggling movie production houses
Subscribe to enjoy similar stories. Serum Institute of India CEO Adar Poonawalla's decision to buy a 50% stake in Karan Johar’s Dharma Productions and Dharmatic Entertainment for ₹1,000 crore could prompt more non-film conglomerates to invest in movie production houses at a time when they are struggling with dwindling revenues from theatrical, satellite and digital sales, industry experts said.
30.10 / 01:23
markets wellness trends Trade love show performer Is the market sell-off a Diwali offer you have been waiting for?
Subscribe to enjoy similar stories. MUMBAI : Diwali is one of India's most significant festivals, marked by various spiritual and religious rites. A key tradition is Muhurat trading, where traders and investors perform Laxmi Puja for prosperity and strategically accumulate valuable stocks to diversify their portfolios.
30.10 / 01:23
UPS FIVE Infinity Schools rights Interviews Headlines Gold, Lindy effect, Warren Buffett, and why ignorance is not bliss
Subscribe to enjoy similar stories. Ignorance is bliss and little knowledge is a dangerous thing. The English language has a pithy saying for almost every occasion.

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