India Financial News

Jammu. The delegation which arrived in India on Sunday evening in connection with the 1960 Indus Water Treaty is scheduled to visit Kishtwar to see the Dam sites. The Indus Waters Treaty was signed between then Prime Minister Jawaharlal Nehru and former Pakistan President Ayub Khan in 1960 with the World Bank as a signatory to the pact.

Colgate-Palmolive (India) Ltd. traded at Rs 2824.65 on BSE at 11:36AM (IST) on Monday, down 0.06 per cent. The stock quoted a 52-week low price of Rs 1625.0 and a high of Rs 3068.95. Earlier in the day, the stock saw a gap down opening.

SME IPO of Visaman Global Sales has opened for subscription today and will close on June 26. The company aims to raise about Rs 16.05 crore through the SME IPO and list the shares on NSE SME platform. Here are 10 key things investors need to know about the public offer before subscribing to the issue. 1) About Visaman Global Sales

Non-Resident Indian (NRI) investors. The NDA's consistent emphasis on economic reforms, infrastructural development, and ease of doing business has historically resonated well with the investor community.This new tenure promises to build upon these foundations, potentially offering numerous opportunities for NRI investors.

Bank Nifty was down by -186.55(-0.36%) at 24 Jun 2024 10:44:58 IST.Other stocks such as Future Supply Chain Solutions, CMI, Bafnapharm, Kanani Industries, Secur Credentials hit their fresh 52 wk lows today.

Stanley Lifestyles IPO: The initial public offering (IPO) of Stanley Lifestyles Limited commenced on 21st June 2024, and will continue until 25th June 2024. The IPO was met with a strong response from primary market investors, with the public offer being fully subscribed on the first day of bidding.

₹740 apiece by gaining 2.25% in today's early morning trade after the company announced that its wholly owned subsidiary -JSW Neo Energy Limited received a Letter of Award (LoA) for setting up a 300 MW ISTS-connected wind-solar hybrid power project from Solar Energy Corporation of India Limited (SECI) against a tariff-based competitive bid invited for setting up 1,200 MW ISTS-connected wind-solar hybrid power projects (Tranche VIII).Subsequent to this capacity award, the company's total locked-in capacity increases to 13.6 GW. The company expects to have an installed generation capacity of 9.8 GW by CY24, up from 7.3 GW currently.Also Read: Multibagger Garden Reach Shipbuilder share price rises 7% on a $54 million orderWith this hybrid project, the company strengthens its energy solution offerings while moving towards an energy products and services company.The company said it has a total locked-in generation capacity of 13.6 GW, comprising 7.3 GW operational, 2.6 GW under construction across wind, thermal, and hydro, and a pipeline of 3.7 GW.

₹1721.85, more than 4% higher on Monday over the previous close of ₹1645.15 on the BSE , however gained further to touch highs of Rs1818.20 , marking more than 8% gains.Also Read- JSW Energy stock hits new all-time high as subsidiary wins 300 MW wind-solar hybrid projectThe Garden Reach Shipbuilders share price is only slightly short of all time highs of ₹1904.55 it had scaled a few days back.The Garden Reach Shipbuilders share price having risen more than 200% in last one year has given Multibagger returns to the investors. Notably Garden Reach Shipbuilders share price has gained more than 106% year to date also.The investor confidence remains strong on the Defence Sector companies looking at the country's Make In India Initiative.

₹375 apiece on NSE SME, a premium of ₹281, or 299% to the issue price of ₹94 per share.GP Eco Solutions IPO listing was better than market expectations. GP Eco Solutions IPO GMP today, or grey market premium today, ahead of the listing was ₹181 per share, indicating a listing premium of 193%.GP Eco Solutions shares grew IPO investors’ money by more than four times upon listing.Also Read: United Cotfab share price makes a lukewarm debut, stock opens with a mere 7% premium at ₹75 apiece on BSE SMEGP Eco Solutions IPO opened for subscription on June 14 and closed on June 19.

As a football enthusiast, I find the sport exhilarating. It demands patience, persistence and timing. Its unpredictability adds to its allure.

The Nifty future closed negative with losses of 0.52% at 23460 levels on Friday. India VIX was down by 1.24% from 13.34 to 13.18 levels.

MPs from the Opposition INDIA bloc are expected to enter the Lok Sabha together on the first session of the 18th Lok Sabha, which will begin on Monday, sources said. According to sources, the opposition leaders will assemble where the statue of Mahatma Gandhi was placed earlier. They are also likely to carry a copy of the Constitution with them. The Congress MPs will also gather at the Congress Parliamentary Party (CPP) office in Parliament House this morning.

Nifty on Monday morning fell over 100 points while Sensex also lost 400 points with heavyweights HDFC Bank, RIL, and SBI leading the downside. The weakness was led by selling pressure in banks and metal stocks, while FMCG and consumer durables saw some buying amid sectoral rotation.

Jaishankar held «productive and deep» conversations with his United Arab Emirates counterpart Abdullah bin Zayed Al Nahyan on India and UAE's «ever-growing» comprehensive strategic ties and discussed regional and global issues. Jaishankar, who was in the UAE on Sunday, visited the iconic BAPS Hindu Mandir in Abu Dhabi and participated in the 10th International Yoga Day celebrations before meeting Al Nahyan. «Very pleased to meet UAE FM @ABZayed today in Abu Dhabi,» he said in a post on X after meeting his UAE counterpart. «Productive and deep conversations on our ever-growing Comprehensive Strategic Partnership. Appreciated the discussion and his insights on regional and global issues,» he said.

Apple, Meta have discussed an AI partnershipLike other AI assistants on the market, Meta AI can easily perform basic tasks such as writing emails, creating poems, summarising text, translating text between different languages and so forth. The AI assistant can also create images and GIFs in the chat window.By far the most special thing about Meta AI is that all of its new AI features are available directly from popular apps like WhatsApp and Messenger, meaning that users do not need to access another app like ChatGPT or Gemini just to get some help from an AI.Also Read | WhatsApp Beta tests QR codes for easy chat history transfer across devices.

Dixon Technologies (India) Ltd investors are sitting on handsome gains. The stock has delivered almost 150% in the last one year, and nearly 30% in the last one month. Dixon is engaged in electronic manufacturing services (EMS), and the prospects for the sector are bright thanks to the government’s initiatives to boost manufacturing through various production-linked incentives (PLI) schemes.

Dee Development Engineers IPO: Bidding for the initial public offering (IPO) of Dee Development Engineers Limited ended on 21st June 2024, i.e. on Friday last week.

Edited excerpts from an interview: How does the equity capital market and M&A landscape look like to you? India is rapidly emerging as a top contender in global equity capital markets. The Indian equity markets have delivered consistently about 8-10% USD CAGR returns over the last 20 years. This momentum has strong tailwinds thanks to the strong macroeconomic environment, earnings growth trajectory, and equity market inflows especially from domestic mutual funds (MFs).

Mint. "We worked with a good master distiller and started contract manufacturing but the branding began about a year ago. This is a celebration drink, and there's a unique way that India celebrates.

Philosopher George Santayana said the world is in “perpetual caricature" of itself because, every moment, it is presented with a contradiction of what it is pretending to be. This holds especially true even for the knowledge universe, where an eternal cycle of conflicts and contradictions ensures that the graveyard of old ideas is always full, leaving behind a vacuum for new ideas to take birth. This never-ending sequence becomes the source, the wellspring, for renewal and endless optimism.

demat accounts.Also Read: Akme Fintrade India IPO: Here's what latest GMP indicates as focus shifts to allotment; How to check online?Individuals who received shares will have their demat accounts credited on Tuesday, June 25. The refund procedure will also begin on Tuesday.Akme Fintrade IPO listing date is fixed for Wednesday, June 26 on BSE and NSE.If you have applied for the Akme Fintrade IPO, you can do a Akme Fintrade IPO allotment status check immediately on the website of the IPO registrar, Bigshare Services Pvt Ltd - https://ipo.bigshareonline.com/ipo_status.htmlUse the Bigshare URL, https://ipo.bigshareonline.com/ipo_status.html, to directly input your login details.- Link to the Akme Fintrade IPO allotmentFrom the list of firms, choose "Akme Fintrade IPO."Opt for "PAN Number, Beneficiary ID, or Application No./CAF No."Simply press "Search."You may view your Akme Fintrade IPO on your phone's display or a computer monitor.Also Read: Akme Fintrade IPO closes today: Issue oversubscribed by 55.12x.