India Financial News
12.06 / 05:31
Provident
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Income Tax Filing: 10 necessary guidelines that you must be aware of
website provides tax calculators that let users determine their tax obligations under various regimes depending on their income and allowable deductions, which can aid in decision-making. This tool assists in determining which regime offers individual taxpayers the most benefits.Before finishing your tax return, you must reconcile your income. That’s why this is important:Here’s how to successfully balance your income step-by-step:In India, Tax Collected at Source (TCS) is a crucial component of tax filing.
12.06 / 05:31
markets
IPO
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band
Magenta Lifecare share price makes a strong debut, stock opens with 29% premium at ₹45 on BSE SME
₹45, which is 28.57% higher than the issue price of ₹35. Following a positive debut, the stock was locked in 5% upper circuit.Magenta Lifecare IPO opened for subscription on Wednesday, June 5 and concluded on Friday, June 7.
12.06 / 05:31
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Top Stock Recommendations: Sagar Doshi of Nuvama suggests IEX, CCL Products, and Balrampur Chini Mills today
Also Read: Stock market today: Nifty 50, Sensex end flat; midcaps, smallcaps continue their outperformanceNifty 50 has recovered its election result day losses and is consolidating above the result day’s high. On hourly charts, Nifty 50 is trying to form a cup and handle pattern on which dips towards 23,000 and is likely to get bought into for an upside target of 23,500 / 23,800.
12.06 / 05:31
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CEO
NVIDIA
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Updates
Nvidia CEO Jensen Huang 'doesn't fire' people, would rather 'torture you into greatness’
Market LIVE Updates hereWhen asked to elaborate on why he doesn't like firing people, Huang told The Transcript that he "would rather improve you than give up on you"."When you fire somebody, you're saying, a lot of people say: 'it wasn't your fault', or 'I made the wrong choice', or 'there are very few jobs'. Look, I used to clean bathrooms, and now I'm the CEO of a company. I think you can learn it.
12.06 / 05:31
markets
FIVE
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Modi 3.0: Can Anil Ambani's Reliance Power follow Gautam Adani's power business to emerge as next market leader?
Modi 3.0: After the portfolio allocation in Modi cabinet 2024, the market is expecting the power theme to work in the Indian stock market in the next five years. As Anil Ambanni's Reliance Power share price has been skyrocketing for the last five straight sessions, some observers are guessing whether Anil Ambani's Reliance Power shares would emerge as market leader in Modi 3.0. They are upbeat about Anil Ambani's Reliance Power shares as the company has become entirely debt-free.
12.06 / 05:31
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information
Sattrix Information shares make an impressive debut, list at a 24% premium
₹150 apiece at a premium of 24 per cent against its issue price of ₹121. Sattrix Information share price was listed at a premium following a stellar subscription to the Sattrix Information IPO.The stock extended its gains further and traded at ₹152 apiece around 10:30 am.
12.06 / 05:31
markets
COST
Manufacturing
innovations
2020
Destinations
Private sector participation in LVM3 production could mean a space sector boom
India's space ambitions: Market forces are with us Lower earth orbit (LEO) was a well-trodden frontier. Nasa, which had been flying to LEO for decades, could focus on more ambitious destinations by retiring the Space Shuttle and its operations to LEO. Moreover, this shift gave the private sector a chance to step in and fill the void left by the Space Shuttle.
12.06 / 05:31
markets
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awards
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Daimler
TVS Supply Chain Solutions stock jumps 9% after company secures 5-year contract with Daimler Truck AG
TVS Supply Chain Solutions, one of the largest and fastest-growing integrated supply chain solutions providers in India, gained nearly 9% in today's early trade after the company won a new 5-year strategic contract with Daimler Truck Southeast Asia Pte Ltd, a Daimler Truck AG company, for Integrated Supply Chain Solutions (ISCS) service in Singapore. "This contract solidifies TVS SCS as a primary logistics partner for Daimler Truck AG, the world's largest manufacturer of commercial vehicles, reinforcing the organisation's commitment to delivering exceptional logistics services between Germany and the Asia-Pacific region.
12.06 / 05:31
UPS
Art
Tube Investments Of India, Tata Steel & others hit 52 week high today ; Do you own any?
Bank Nifty was up by 510.2(1.03%) at 12 Jun 2024 10:44:58 IST.Other stocks such as Sanginita Chemicals, Ascom Leasing & Investments, Shubhlaxmi Jewel Art, POPULAR VEHICLES AND SERVICES ORD hit their fresh 52 wk lows today.
12.06 / 05:31
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cricket
'Only a Nalaayak...': Harbhajan Singh slams ex-Pakistani cricketer Kamran Akmal despite apology over Sikh remarks
Pakistan cricketer apoplogised for his remark.While speaking to news agency ANI, Singh said, “This is a very absurd statement and a very childish act that only a 'Nalaayak' person can do."Furthermore, Singh also added that Kamran should understand that there is no need to say anything about anyone's religion and make fun of it. He also emphasized the significant contributions Sikhs have made throughout history. “I would like to ask Kamran Akmal that do you know the history of Sikhs, who are Sikhs and all the work that Sikhs have done to save your community, your mothers, sisters.
12.06 / 05:03
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Citigroup
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Hot Stocks: Brokerage view on Tata Motors, Titan, IndusInd Bank and GMR Airports
Titan Company, CLSA has an outperform rating on Tata Motors and Citigroup recommended a buy on IndusInd Bank. We have collated a list of recommendations from top brokerage firms from ETNow and other sources:
12.06 / 05:03
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Buy India Shelter Finance Corporation, target price Rs 800: ICICI Securities
India Shelter Finance Corporation with a target price of Rs 800. The current market price of India Shelter Finance Corporation Ltd. is Rs 652. India Shelter Finance Corporation Ltd., incorporated in the year 1998, is a Small Cap company (having a market cap of Rs 6965.82 Crore) operating in NBFC sector.
12.06 / 05:03
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Updates
ET Explainer: NAV of a mutual fund
mutual fund scheme declares its net asset value (NAV) at the end of each working day. The NAV is updated daily at 11 pm for all schemes, except for fund of funds, which are updated at 10 am the next day and displayed on websites of the fund house, AMFI, and investment platforms.
12.06 / 05:03
markets
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Platform
security
Enterprise
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information
Sattrix Information debuts with 24% premium on BSE SME platform
Sattrix Information Security were listed on the BSE SME platform with a premium of 24% on Wednesday. The stock debuted at Rs 150 as against an issue price of Rs 121 per share. Ahead of the listing, the company's shares traded with a premium of Rs 15 in the unlisted market.
12.06 / 05:03
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Stock market update: Nifty Auto index advances 0.36% in an upbeat market
Tata Motors Ltd.(up 1.6 per cent), Bharat Forge Ltd.(up 1.52 per cent), Tata Motors Ltd.(up 1.42 per cent), Exide Industries Ltd.(up 1.06 per cent) and Ashok Leyland Ltd.(up 0.85 per cent) were among the top gainers.
12.06 / 05:03
12.06 / 05:03
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wellness
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Trade
Shares of GAIL rise as Nifty gains
GAIL (India) Ltd. gained 2.25 per cent to Rs 217.6 in Wednesday's trade as of 10:15AM (IST). It hit a high of Rs 220.2 and low of Rs 214.5 during the session. The stock quoted a 52-week high price of Rs 233.0 and a low of Rs 103.2. The return on equity for the stock stood at 12.85 per cent. About 660,496 shares have changed hands on the counter so far.
12.06 / 05:03
12.06 / 05:03
Twitter
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Highways
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country
Nitin Gadkari takes charge as Minister of Road Transport and Highways
Nitin Gadkari on Wednesday took charge as the Minister of Road Transport and Highways. In a post on X, formerly known as Twitter, Gadkari conveyed his heartfelt gratitude to Prime Minister Narendra Modi for reassigning him this role in Modi 3.0 and remarked that India will be equipped with world-class, modern infrastructure at an accelerated pace under Modi Ji's visionary leadership.
12.06 / 04:19
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