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24.10 / 09:39
markets Strategy Election RAI PAM Punjab bypolls: BJP's Manpreet Badal, AAP's Ishank Chabbewal file nomination papers
BJP candidate Badal filed his nomination from the Gidderbaha segment. He was accompanied by Union minister Ravneet Singh Bittu and senior party leader Avinash Rai Khanna. Badal was elected to the assembly from Gidderbaha on a Shiromani Akali Dal ticket in 1995, 1997, 2002 and 2007.
24.10 / 09:39
markets Strategy PAM testing cricket bowling As Ravichandran Ashwin surpasses Nathan Lyon, here is the list of top 10 wicket takers in Test cricket
Ravichandran Ashwin surpassed Australia's Nathan Lyon to become the seventh highest wicket taker in Test cricket during the first innings of the second Test against New Zealand at Pune. Ashwin got his 531st Test wicket when he dismissed Devon Conway for his third wicket in the innings. The Tamil Nadu bowler has the second highest wickets for India, only behind Anil Kumble's 619 scalps. Playing in his 104th Test, Ashwin has a bowling average of 23.74 and a strike rate of 50.38. He has the joint second most five-wicket hauls at 37, sharing the record with Australian great Shane Warne. Sri Lankan legend Muthaih Muralitharan leads the list with 67. Additionally Ashwin has scored 3438 Test runs at an average of 26.45, including six centuries.
24.10 / 09:39
markets ETF security Strategy Experts PAM NFO Alert: Zerodha Mutual Fund launches Gold ETF FoF
Zerodha Mutual Fund has announced the launch of the Zerodha Gold ETF FoF, an open-ended fund-of-funds scheme that invests in units of Gold ETFs. The new fund offer (NFO) for the scheme will open for subscription on October 25 and will close on November 8. The scheme's investment objective is to seek capital appreciation by investing in units of Gold ETFs. It will be benchmarked against the domestic price of physical gold and will be managed by Shyam Agarwal and Kedarnath Mirajkar.
24.10 / 09:39
Aviat Airlines Strategy Experts PAM information Courts Another turbulence for SpiceJet? Falgu Aviation claims airline owes it Rs 67 crore
Falgu Aviation Leasing Ltd, an aircraft lessor, has approached the National Company Law Tribunal (NCLT) against SpiceJet Ltd over an unpaid debt of Rs 67 crore. The lessor has said that the debt arose from rental dues for a Boeing 737 that it had leased to the budget carrier. SpiceJet has been entangled in a cycle of settlements and fresh insolvency pleas with the airline being taken to insolvency court by different lessors frequently even as it settles pending insolvency cases.
24.10 / 09:39
Provident Strategy ICE Research Experts PAM testing NASA sends key equipment for ISRO's NISAR mission: All you need to know about the satellite launching next year
NASA has delivered a crucial component for the NISAR (NASA-ISRO Synthetic Aperture Radar) satellite to the Indian Space Research Organisation (ISRO). The radar antenna reflector, essential for the mission, arrived in Bengaluru on October 23, 2024. This reflector plays a key role in focusing microwave signals sent to and from Earth’s surface, allowing NISAR to scan almost all of the planet’s land and ice surfaces every 12 days to gather scientific data. After its arrival aboard a NASA C-130 cargo plane, the radar antenna was transported to ISRO’s Spacecraft Integration and Test Establishment for reintegration with the NISAR spacecraft. The satellite is scheduled for further testing in preparation for its launch from the Satish Dhawan Space Centre on India’s southeastern coast in early 2025. NASA and ISRO will coordinate to finalize the official launch date.
24.10 / 09:39
markets Waters Food PAM social testing cricket India vs New Zealand 2nd Test: 'MCA hay hay' slogans raised as fans protest lack of water at Pune stadium"
Maharashtra Cricket Association (MCA) Stadium in Pune, has witnessed growing unrest among spectators due to inadequate facilities at the venue. Fans have reported a severe shortage of drinking water on Day 1, leading to protests during the lunch break. The match is part of a three-match series, with New Zealand having won the first Test last week.
24.10 / 09:39
markets UPS Analysis Food Trade Experts reports Adani Wilmar Q2 Results: Co swings to black, posts Rs 311 cr profit, revenue up 18% YoY
Adani Wilmar on Thursday reported a consolidated net profit of Rs 311 crore for the September quarter, compared to a loss of Rs 131 crore posted in the same period last year. Revenue from operations in Q2 FY25 was reported at Rs 14,460 crore, an 18% increase from Rs 12,267 crore in the corresponding quarter of the previous financial year. The profit after tax (PAT) was marginally below on a sequential basis, declining by 0.7% from Rs 313 crore in Q1 FY25.
24.10 / 09:39
markets IPO Analysis Trade Experts band International Afcons Infra's Rs 5,430 cr IPO opens tomorrow. Price band, GMP among 10 things to know before subscribing
The initial public offering (IPO) of Afcons Infrastructure will open for subscription on October 25. The issue closes on October 29. Through the public offer, the company plans to raise nearly Rs 5430 crore. Here are 10 things to know about the Afcons Infrastructure IPO before subscribing to the issue.
24.10 / 08:37
security WhatsApp Healthcare trends Trade Max Healthcare shares fall 1.15% as Nifty drops
Max Healthcare Institute Ltd. slipped 1.15 per cent to Rs 903.75 in Thursday's trade. It hit a high of Rs 913.45 and low of Rs 889.0 during the session. On the technical charts, the 200-DMA of the stock stood at Rs 852.12, while the 50-DMA was at Rs 925.36. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend and if trades between these averages, then it suggests the stock can go either way.
24.10 / 08:37
markets Digital Experts PAM testing bowling Ind vs NZ: Ravichandran Ashwin surpasses Nathan Lyon's Test wickets tally, 7th on all time list
Nathan Lyon to go seventh on the all-time Test-wicket takers list when he dismissed Devon Conway to grab his third wicket on Day 1 of second Test in Pune. The two off-spinners will go head-to-head when India visits Australia for a five-match Test series in November. Conway was Ashwin's 531st Test wicket. the Tamil Nadu bowler has the second highest wickets for India, only behind Anil Kumble's 619 scalps.
24.10 / 08:37
markets UPS Analysis Research trends Trade show Share price of Tata Elxsi falls as Sensex drops 72.8 points
Tata Elxsi Ltd. dropped 3.31 per cent to Rs 6984.35 at 01:39PM (IST) in Thursday's trade. The scrip has hit a high of Rs 7225.0 and low of Rs 6970.0 so far during the session. The stock had closed at Rs 7223.75 in the previous session. The counter has had a total traded volume of 13188 shares so far with a value of Rs 9.31 crore on the NSE. It traded at a price-to-earnings multiple of 53.31 and a price-to-book ratio of 19.34.
24.10 / 08:37
BLOCK Platform Entertainment Justice concert information Courts Delhi HC asks Centre's response over resale of concert tickets, blocking illegal sites
Delhi High Court on Thursday sought the response of the Centre on a plea seeking a regulatory framework to regulate the resale of concert tickets through authorised platforms and avoid illegal selling activities. A bench of Chief Justice Manmohan and Justice Tushar Rao Gedela issued notice to Union ministries of Information and Broadcasting and Electronics, and Information Technology, private entities Stubhub Inc, Viagogo Entertainment Inc and Bigtree Entertainment Pvt Ltd on the petition. The court said the replies would have to be filed within four weeks and posted the hearing on February 18, 2025, when a similar petition would be heard. The petition further sought a direction to the Centre to block unlawful online platforms involved in the purported illegal and unauthorised sale of tickets in India.
24.10 / 08:37
markets Analysis Research trends Trade Experts Commentary Godrej Consumer shares down 3.98% as Nifty falls
Godrej Consumer Products Ltd. rose 3.98 per cent to Rs 1240.6 in Thursday's trade. It hit an intraday high of Rs 1299.95 and low of Rs 1238.7, respectively, during the day. The stock quoted a 52-week high price of Rs 1541.3 and low of Rs 959.55.
24.10 / 08:37
FIVE Google Fighting Strategy Election reports I don't take any election lightly: Maharashtra minister Dhananjay Munde
NCP leader Dhananjay Munde, who is re-contesting the upcoming state poll from his Parli seat, on Thursday said no election is easy and he does not take even a local poll lightly. Winning the people's faith in a constituency after every five years is a tough job, Munde told reporters at Parli in Beed district before leaving for filing his nomination. In the 2019 state assembly polls, the minister defeated his cousin and BJP leader Pankaja Munde from Parli. Last year, Dhananjay Munde supported the NCP faction led by Deputy Chief Minister Ajit Pawar, following a split in the party founded by Sharad Pawar.
24.10 / 08:37
markets Google Strategy Experts RAI Schools Cyclone Dana: Efforts underway to reduce impact on Jagannath temple, visit of devotees discouraged
cyclone Dana rolling towards the Odisha coast, the authorities on Thursday advised devotees against visiting the Jagannath temple in Puri and expedited preparations to minimise the impact of the calamity on the 12th-century shrine. Puri District Collector Siddharth S Swain said that the devotees, including those undertaking a month-long 'Kartik Brata' ritual, should also be discouraged from visiting the temple as a safety measure. Shree Jagannath Temple Administration (SJTA) in a statement said that all measures were being taken to protect the shrine located in the seaside town while keeping the daily rituals intact. The administration said that measures have been taken to ensure that loose materials like GI sheets, scaffolding tubes and others do not get affected in the gale.
24.10 / 08:37
Google Merit Strategy President Inside Department Victory of dynastic politics: BJP on Priyanka Gandhi's nomination from Wayanad
BJP on Thursday launched a vitriolic attack on the Gandhi family, saying Priyanka Gandhi Vadra's nomination from Wayanad was a victory of dynastic politics and defeat of merit. BJP national spokesperson Gaurav Bhatia also alleged discrepancies in the declaration of assets in Priyanka Gandhi's poll affidavit Addressing a press conference here at the BJP headquarters, he also accused the Gandhi family of «insulting» Congress president Mallikarjun Kharge, a Dalit, by not allowing him to join the filing of nomination inside the collector's office. «It's a victory of corruption of Gandhi family and dynastic politics and defeat of merit,» he said slamming the Congress over nomination of Priyanka Gandhi from the Wayanad seat in Kerala.
24.10 / 08:37
markets COST Strategy Analysis Trade Experts reports ACC Q2 Results: Profit falls 48% YoY to Rs 200 crore
ACC Ltd on Thursday reported a 48% year-on-year (YoY) fall in its consolidated net profit at Rs 200 crore in the second quarter. The same stood at Rs 388 crore in the last year quarter. Revenue from operations increased 4% YoY to Rs 4,614 crore.
24.10 / 07:49
UPS CEO 2020 Headlines UK dividends plummet by 8.1% in Q3 as mining sector struggles
Excluding one-off special dividends, regular dividends were down 3.5% to £25.3bn on a constant-currency basis, according to Computershare's Quarterly Dividend Monitor.  As a result of the recent figures, the 2024 dividend forecast was amended down to £92.3bn, although up 2% on a headline basis. Meanwhile, the forecast for regular dividends (excluding one-offs) is predicted to drop to £86.8bn. Global dividends surge to record high as UK lags behind This quarterly figure was the lowest quarter for dividend hand outs since 2020.  Mark Cleland, CEO of issuer services UK, Channel Isl...
24.10 / 07:49
PRS REIT launches strategic review and puts potential sale on the table
In a stock exchange notice on Wednesday (23 October), PRSR said the process «may include a potential sale of the company», following feedback from shareholders calling on the REIT to maximise value for them. Under the strategic review, the trust will be able to have conversations with interested parties in «making a proposal to take place on a confidential basis», the board said, which will include the signing of a non-disclosure agreement. PRSR has not received any offers so far and is currently not in discussion with any potential offeror, it explained. PRS REIT shareholders with...
24.10 / 07:49
markets economy rock International 'Budget will be a reset for our economy' Reeves tells IMF colleagues
Speaking to her fellow finance ministers at the International Monetary Fund's annual meetings in Washington D.C, Reeves will stress that the upcoming Budget will be «built on the rock of economic stability», as she sets about making the case for Britain as «a strong and credible international partner».  Labour's first Budget since 2010 will «invest in the foundations of future growth», through borrowing to invest while maintaining fiscal prudence, according to the chancellor.  'It is not free money': Bond market warns Reeves to tread carefully with Budget borrowing plans To facilit...

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