India Financial News

BCCI) has signed Wonder Cement as the official umpire partner for the Indian Premier League (IPL). Sources privy to the development said Wonder Cement will pay Rs 250 crore for the deal, which will begin with IPL 2024 play-off games and run until 2028. Wonder Cement, which replaces Paytm, is the sixth brand to join the IPL sponsor roster this year after Tata Sons, My11Circle, AngelOne, RuPay, and Ceat.

self-serve platform ahead of the ICC Men’s T20 World Cup 2024. The upgraded version aims for a seamless and accessible experience for advertisers across all businesses and sizes in five languages including English, Hindi, Tamil, Telugu and Kannada, said the company in a release. The self-serve platform serves diverse needs of advertsisers. The platform extends support to advertisements for both live sports and entertainment. “We are committed to empowering our advertisers and agency partners with innovative ad solutions. Our enhanced self-serve platform is a testament to this commitment, enabling advertisers of all sizes to capitalize on the significant opportunities presented by the ICC Men’s T20 World Cup 2024,” said Dhruv Dhawan, Head of Ads, Disney+ Hotstar India.

Small-cap stocks are making headlines again, but not for the reasons they were in March. Back then, comments from markets regulator, the Securities and Exchange Board of India (Sebi), had triggered a sell-off. Now, the narrative has flipped.

Quad, Aukus, the US-Philippines-Japan trilateral and the US-Japan-South Korea trilateral. The Philippines, Japan and Australia are not treaty allies; however, each of these countries shares a bilateral treaty alliance with the US. Thus, the idea behind the Squad centres on the desire of all four democracies to deepen their level of integration beyond the hub-and-spokes format at a time when China has been militarizing the South China Sea at the expense of the rules-based order of the Indo-Pacific.

Yuvraj Singh has come out in support of Pandya, stating that he is happy that the 30-year-old has found a place in India's T20 World Cup squad despite his mediocre IPL form. Yuvraj also stated that the all-rounder's bowling will play an important role in India's T20 campaign. In an interaction with ICC, Yuvraj said, “Well, the good thing is that the selection has been made.

India try to «find reasons» to not pick Virat Kohli in the national side and said the charismatic former skipper would be his «first pick» for the T20 World Cup in the Americas. Kohli's sublime form in the ongoing IPL has seen him leading the run-chart with 708 runs from 14 innings, though questions keep cropping up about his strike rate at the top of the order. «He (Kohli) is the first pick for me for India. So, class and experience like that, you can't replace. »It's funny with Virat. I think people in India just always try to find a reason not to pick him or a reason why he's maybe not as good as some of these other guys in the T20 game," the former Australian captain and Delhi Capitals head coach told ICC.

Gopichand Thotakura made history as the first Indian tourist to journey into space, during Sunday's Blue Origin's New Shepard-25 mission, organized by Amazon founder Jeff Bezos. A video shared on Blue Origin's official Instagram account captured the moment Thotakura showcased a small tricolour flag.

Hindustan Zinc have nearly doubled investor wealth in a month's time after its shares rallied 8.75% on Wednesday to hit a fresh all-time peak of Rs 807 on BSE. The metal stock's market capitalisation has also crossed the Rs 3 lakh crore mark after 6 days of non-stop rally. Hindustan Zinc is also the best-performing metal stock in the calendar year 2024 with a staggering return of 146% year-to-date.

Kapil Sharma. “I have just asked tough questions from her (Kangana Ranaut), but she always tries to hide behind an anti-woman stance. Her entertainment time is now completed in Himachal Pradesh," Singh told media persons today.

VCs shift focus to ESG norms, not just ‘financial parameters’ for startup funding ESG ratings emerged as a response to the growing interest among investors and regulators in examining the wider impact of companies on all stakeholders. These ratings are an important gauge, especially for large funds that have various social or environmental mandates. ESG ratings are not standardised.

₹31,999. The Realme GT 6T is priced at ₹30,999 for the 8GB RAM/128GB storage variant, ₹32,999 for the 8GB RAM/256GB storage variant, ₹35,999 for the 12GB RAM/256GB storage variant and ₹39,999 for the 12GB RAM/512GB storage variant. However, Realme is also offering an instant discount of ₹4,000 on payments made using SBI, HDFC and ICICI bank cards.

Shashi Tharoor predicted that his party's confidence has increased in the run-up to the last two phases of elections. Tharoor said the Congress and INDIA bloc candidates will do better than the 2019 Lok Sabha elections. “I would say with some confidence that I am looking at the overall picture in the country with a great deal of self-belief.

₹30 crore of unexplained currency in a Jharkhand legislator’s home, it is time to shine a light on a somewhat obscure term: Politically exposed persons (PEPs). This term refers to individuals who hold political office or public positions such as judgeships and bureaucracy posts, or have a close association with those who hold such authority. Data from Rzolut, a risk and compliance technology and data provider, reveals that there are over 2.3 million PEPs around the world, ranging from country presidents to municipality officials.

Naveen Kulkarni, Chief Investment Officer, Axis Securities PMS, believes that BJP not winning 400 seats will not be negative for the market at all. A stable and predictable political regime is most important right now. Therefore, irrespective of the outcome, it won't significantly affect the market, he explained.

Virat Kohli's IPL team, the Royal Challengers Bangalore (RCB) at the Narendra Modi Stadium in Ahmedabad on Wednesday. She posted a note titled, ‘I wanna see you win’, with the caption, “Whatever your heart desires, Whatever aspirations you hold, I am rooting for you...You are deserving of victory."A post shared by Samantha (@samantharuthprabhuoffl) By the time this was written, the post had received 503902 likes and 3,097 comments.

the RevPAR numbers have stabalised in the Q4, FY24. The corresponding quarter in FY23 experienced a very large growth of 100.8% year-on-year over 2022 because the Omicron wave of the covid-19 pandemic had slowed or shut down operations of many businesses during that period. The fourth quarter of FY24 noted a RevPAR growth of 5.5% quarter-on-quarter (Q-o-Q) compared to the previous quarter.

₹418 apiece on the BSE, extending gains for the third straight session. Sumitomo Chemical shares have gained 7% in one week, while the stock has rallied 12% in the past three months. Brokerage firm Anand Rathi has recommended Sumitomo Chemical India shares as its stock pick of the month.

Mazagon Dock Shipbuilders has excelled, with a stellar return of over 277% in the past year. The company is one of India's leading defence public-sector undertaking shipyards under the Ministry of Defence (MoD). It is principally engaged in building and repairing ships, submarines, various types of vessels, and related engineering products for its customers.

Paytm has announced potential job cuts and plans to trim non-core assets following its first-ever decline in sales on May 22, Bloomberg reported. This comes after a regulatory probe into the startup's financial arm Paytm Payments Bank (PPBL) by the Reserve Bank of India (RBI) significantly impacted the company's operations. The fintech pioneer, once a symbol of India’s startup success, reported a net loss of ₹550 crore in the quarter ended March 2024, while its revenue from operations in Q4FY24 dipped 2.6 percent to ₹2,267.10 crore, marking its first drop since its 2021 stock-market debut.

Bangalore (Karnataka) [India], May 20: In the fast-paced world of food and beverage, where trends shift with the wind and consumer preferences evolve rapidly, adaptability is key. Amidst this ever-changing landscape, Stonefield Flavors stands out as a beacon of innovation, reshaping the industry with its unwavering commitment to speed and creativity. Under the leadership of CEO Sandeep Devgan and his ‘Dream Team, as he calls it, the company has swiftly risen to prominence, becoming the fastest-growing flavour manufacturing multinational from India, a testament to its visionary strategies and dedication to excellence.

Uttar Pradesh Chief Minister Yogi Adityanath took a dig at the Congress and Samajwadi parties, saying they «create chaos and stampede-like situations every day and threaten to bring back inheritance tax if voted to power after the 2024 Lok Sabha elections. Addressing a public meeting in Jaunpur, CM Yogi said, »...SP is in a very bad situation. It is a regional party. They are contesting elections for 60-62 seats. When they (the Samajwadi Party and Congress) are miles away from power, their party workers aren't respecting them; they create chaos, ruckus and stampede-like situations every day." «It's not a hidden fact that they would have exploited people in UP when they were in power...,» he said, targeting the two INDIA bloc alliance allies.