India Financial News

13.07 / 03:48

markets Cooper Manufacturing Assurant Food Research Pharmaceuticals Promoters of Sudeep Pharma, India, complete acquisition of 50% shares from JRS Pharma, Germany, regaining 100% ownership

Sudeep Pharma Private Limited's promoters have completed the acquisition of shares from their joint venture partners - JRS PHARMA, regaining 100% ownership of the company. This strategic move represents a significant step in Sudeep Pharma’s ongoing growth and development, enabling the company to pursue its vision.Promoters of Sudeep Pharma, Mr.

13.07 / 03:43

Williams Action Gap stars International Sporting bowling India, Zimbabwe look to future in T20 series

Zimbabwe and India will be looking to the future when they start a five-match Twenty20 international series at the Harare Sports Club on Saturday. Outgoing Indian coach Rahul Dravid described India's win in the T20 World Cup in Barbados last Saturday as the end of «a journey of two years». With the next T20 World Cup scheduled for India and Sri Lanka in 2026, the series in Zimbabwe marks the start of a new two-year journey for both sides.

13.07 / 03:41

markets IPO Williams Mobile Research performer stage Tariff hikes and 5G monetisation moves hint Jio’s headed for IPO

Jio Infocomm taking the lead in raising mobile tariffs and moving to monetise its 5G business could be an indication of the telecom market leader readying for an initial public offering that could be India's largest, analysts said. Some of them expect an IPO as soon as early next year. Analysts and industry executives expect clarity on Jio's big-bang IPO at parent Reliance Industries Ltd's annual general meeting, likely next month.

13.07 / 03:41

Manufacturing Election WhatsApp reports orienteering Stocks in news: TCS, HCL Tech, Anand Rathi Wealth, Prestige Estates, RIL

TCS, HCL Tech, Anand Rathi Wealth, Prestige Estates, RIL among others will be in focus due to various news developments and first quarter results. HCL Tech, IREDA Shares of HCL Tech and IREDA will be in focus as the companies will announce their respective first quarter results today.

13.07 / 03:39

markets COST Citi Freedom country Features Bajaj Freedom, world's 1st CNG bike, launched in India: Price, feature, mileage and more

Bajaj CNG motorcycle is poised to revolutionize the market, potentially paving the way for similar technologies to be adopted in other models. This could lead to significant reductions in fuel costs and lower emissions, addressing two critical concerns for two-wheeler owners in India.

13.07 / 03:35

CEO economy Healthcare Trade gatherings Updates International Budget 2024 Expectations Live Updates: Salaried Class expects higher standard deduction, tax bracket adjustments

Budget 2024 Expectations Live Updates: Prime Minister Narendra Modi is scheduled to meet with distinguished economists on Thursday to gather their perspectives and recommendations for the upcoming fiscal year. This meeting, which will also include Niti Aayog Vice Chairman Suman Bery and other key members, aims to influence the first major economic policy of Modi’s third term.

13.07 / 03:32

Election Refugees President country 2020 International It’s China’s fault that Tibet is back in global discussion

The issue of Tibet is back onto the international centre-stage with the visit of a seven-member US Congressional delegation to Dharamshala, Himachal Pradesh, this month to meet the Dalai Lama and members of the Tibetan government-in-exile. During the visit, former US House Speaker Nancy Pelosi lashed out at Chinese President Xi Jinping saying that the Dalai Lama’s contribution will live on in perpetuity while Xi Jinping will fade into obscurity.

13.07 / 03:32

COST UPS Election wellness country reports Schools trumps UK election: Starmer could yet prove that hard work trumps charisma

Consider a country whose economy has suffered due to years of lower productivity growth than its peers, high inequality and low private investment. To compound its problems, it is not part of dynamic free-trade zones, which would lower its tariffs, push its industry to be more competitive and reduce friction for goods crossing borders. This is the huge to-do-list that Keir Starmer faces as the new Prime Minister of UK, but it is also more or less the challenge that New Delhi confronts.

13.07 / 03:28

markets UPS Gap economy show track country Crack the employment paradox to avoid a middle-income trap

Is India’s unemployment problem being exaggerated? Going by the latest KLEMS data released by India’s central bank—which tracks inputs of capital, labour, energy, materials and services—that may seem to be the case. It shows employment in the country grew 6% in 2023-24, up from 3.2% in 2022-23. In absolute terms, the economy added 46.7 million jobs in 2023-24, compared with 19 million in 2022-23 and 11.9 million in 2021-22.

13.07 / 03:27

Action security Align WhatsApp Courts rights Proposed IBC amendment on guarantees to aid NPA recovery: India Ratings

India Ratings. This could lead to more responsible financial practices and risk assessments by corporate debtors and their guarantors, promoting a healthier credit ecosystem, it said. “The amendment is likely to enhance recovery value for creditors,” India Ratings said. “The proposed amendment clears the ambiguity around the liability of guarantors, thus bringing in the much-needed clarity to the resolution process involving guarantors and will significantly reduce the cross litigation on account of varied interpretations.”

13.07 / 03:27

Art Cooper security WhatsApp Diversity evacuation peace India and Thailand strengthen military ties with joint exercise MAITREE 2024 in Tak province

joint military exercise MAITREE 2024, currently underway in Thailand's Tak Province, signifies a pivotal step in enhancing bilateral military cooperation between the Indian Army and the Royal Thailand Army, under the United Nations charter. Training Sessions and Objectives Troops from both contingents are deeply engaged in intensive training sessions focused on honing skills in counter-insurgency and counter-terrorism operations, conducted in diverse settings including jungle and urban environments. The exercise emphasizes the exchange of best practices, facilitating mutual learning and expertise sharing between soldiers from India and Thailand.

13.07 / 03:26

UPS Action track information prevention Updates 'Your online order will be cancelled if you don't update address': Latest India Post delivery scam here, how it works, how to avoid

courier services such as India Post or Delhivery or DTDC or BlueDart to deliver their online orders. As we order multiple items online throughout the day, it becomes impossible to keep track of every item and the timeframe of when they are getting delivered. We often rely on the company from which we have ordered to keep us informed about the delivery timeline. Using this, fraudsters have come up with another way to dupe people of their hard-earned money. If you regularly order items online, you should know about the latest India Post delivery scam. How does it work? How can you protect yourself? Read here to find out.

13.07 / 03:15

markets UPS Progressive Extreme show country Footfalls at auto dealers fall in June, so do RTO registrations

Vehicle registrations — a proxy for retail sales — were largely flat last month as heatwave conditions in several parts of the country forced potential buyers to defer their purchases. Data collated by industry body Federation of Automobile Dealers Associations (FADA) showed as many as 1,895,552 vehicles were registered last month, a 0.73% rise from 1,881,883 vehicles sold in June 2023. Two-wheeler registrations increased 4.7% from a year earlier to 1,375,889 units, while three-wheelers posted a 5.1% rise to 94,321 units.

13.07 / 03:15

COST Provident Manufacturing Sustainability President consequences innovations Manufacturing momentum: Will India stay the course post Budget 2024?

₹7.09 trillion in FY24 from ₹2.58 trillion in FY20 and ₹1.41 trillion in FY15. Kapoor expects this amount to grow significantly as PLI schemes for auto, semiconductors, medical devices, drones, white goods, and computer hardware gain traction.

13.07 / 03:14

Citi Food show Best of the week | Timeless tastes of the ‘City of Lights’

Kashi. Kashi comes from the Sanskrit root word 'Kas’, which translates to “shining one", thus earning it the moniker: “city of lights".Archaeological excavations conducted near Varanasi in 2014 estimated the city to be about 4,000 years old.

13.07 / 03:12

Waves Platform Opinion innovations prevention Features curling Dyson Airstrait: Check out the new-age hair straightener and its best alternatives worth buying

Let’s understand it in-depth and answer some frequently asked questions about the Dyson Airstrait: The Dyson Airstrait is an advanced hairstyling tool that uses innovative airflow technology instead of traditional heat plates. It can be used on wet or dry hair, delivering smooth, frizz-free results while maintaining hair strength and natural shine.

13.07 / 03:03

markets UPS FIVE Software show reports HCLTech Q1 net profit up 6.8% at Rs 4,257 crore; beats estimates

HCLTech, India’s third largest software exporter, reported a 6.8% sequential growth in net profit at Rs 4,257 crore, beating ET’s analyst poll estimates of Rs 3,745 crore. A fatter bottom-line came largely on the back of a spike in non-core income in the June quarter otherwise marked by sluggish demand. Revenues and margins declined sequentially. The company’s EBIT came at Rs. 4,795 crore, down 4.4% QoQ & up 7.5% YoY.

13.07 / 03:03

COST Provident Digital security Mobile Updates 20 Web Development Companies in India to Lookout for

Cost-Effectiveness: Lower operational costs make Indian companies an affordable option without compromising quality.Indian web development companies excel in creating custom websites that are not only visually appealing but also highly functional. These companies provide comprehensive web design and development services, which include:E-commerce has become a vital part of the online business ecosystem, and Indian web development companies offer comprehensive e-commerce solutions to help businesses succeed in the digital marketplace.

13.07 / 02:57

markets UPS Manufacturing CEO Videos Filatex Fashions Ltd Board Approves 5-for-1 stock split

Hyderabad (Telangana) [India], July 8: : Hyderabad based leading socks and cotton products manufacturing company Filatex Fashions Ltd has approved 1:5 (5-for-1) stock split to enhance the liquidity in the capital market and widen shareholder base. Approved sub-division of existing 1 equity share of Rs. 5 face value into 5 equity shares of Rs.

13.07 / 02:56

WhatsApp electronic information guidelines CBIC issues fresh norm for recovery of GST dues

CBIC) has issued a fresh guideline to address the recovery of outstanding dues till the Goods and Services Tax Appellate Tribunal (GSTAT) becomes functional. Taxpayers can escape the tax recovery process by paying the pre-deposit amount via their electronic liability register and filing an undertaking with the jurisdictional proper officer. The circular issued late Thursday will ensure that taxpayers are not forced into recovery proceedings due to the absence of the Tribunal.

13.07 / 02:55

security WhatsApp Food Trade Sensex falls! These stocks are down 5% or more on BSE

On the BSE, Gravity(India)(down 12.22 per cent), Devki Leasing(down 10.00 per cent), Emerald Leasing Fin(down 9.99 per cent), Goenka Bus. & Fin.(down 9.95 per cent) and Mayur Floorings(down 9.90 per cent) were among the stocks that plunged over 5 per cent during the session.

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