India Financial News

Infosys co-founder NR Narayana Murthy has voiced his endorsement for a particular book to be embraced by Indian youth across the nation. Murthy emphasized the importance of "Conceptual Physics," authored by Paul G. Hewitt, as essential reading for every child in India, regardless of their geographical location. In a conversation with Moneycontrol, the 77-year-old billionaire lauded the brilliance of Hewitt's work, expressing his current engagement with the book. Murthy's admiration for «Conceptual Physics» stems from its targeted approach towards high school students, offering a comprehensive guide to teaching physics effectively. «I am right now reading a book called Conceptual Physics. This is a book by a high school teacher called Paul Hewitt. It is written for high school students on how to teach physics. Next time I'll show you that book. It's brilliant. Absolute brilliant. I only wish we get permission from the author,» he articulated to the publication.

Hero MotoCorp and state-run Bharat Heavy Electricals (BHEL) and NHPC could move to the largecap category from midcap in the upcoming Amfi Semi-Annual Categorisation for second half of 2024 when the official list is released in July. The other stocks which could make a cut are Zydus Lifesciences, JSW Energy, Bosch and Cummins India, said Nuvama. BHEL, Bosch and Cummins India are borderline stocks, the note said.

Saudi Arabia. The facility is strategically located at Al Jubail, off the Dammam-Abu Hadriyah Highway. L&T Valves is one of the largest suppliers of on-off valves to Saudi Arabia, the company said in a statement.

Choose France Summit in Paris arranged a dedicated France-India roundtable bringing together some 15 Indian investors and French companies. The discussions provided an opportunity to explore business and investment flows in a wide range of sectors, including health, food, digital technology, research, aerospace, and industrial sovereignty. France's strengths and reforms were presented. TCS has announced the creation of a Global Artificial Intelligence (AI) Center of Excellence in Paris, during the Choose France Summit.

Scam 1992 – The Harshad Mehta Story covered the 1992 Indian stock market scam involving Harshad Mehta and other stockbrokers. The series is based on the book The Scam: Who Won, Who Lost, Who Got Away by journalists Sucheta Dalal and Debashish Basu. Pratik Gandhi’s portrayal of Harshad Mehta was highly appreciated by critics and viewers alike.

The biopharmaceutical industry has been evolving rapidly. During the turbulent period spanning 2019 to 2021, amid the upheaval caused by the covid pandemic, it emerged as a focal point of global discourse. Biopharmaceuticals are drugs and therapies synthesized from living organisms, which includes vaccines, biologics, biosimilars and evolving therapies like cell and gene therapies.

₹209, China Mobile's Arpu is about ₹550. However, before investors get excited about Airtel’s Arpu catching up, they should note the significant difference in per capita income. In 2023, China’s per capita income stands at $12,500, nearly five times that of India, driven by the size of its economy.

ISB Executive Education, ranked number one B-school in India in FT Global MBA Ranking 2024 commenced its 15th batch of Certificate Programme in IT Project Management, along with Emeritus, the global leader in making high-quality education accessible and affordable to individuals and organisations.The 12-week online Certificate Programme in IT Project Management is thoughtfully designed for professionals who aspire to embrace digital disruption, adopt lean techniques, and utilise tools adaptable to increasingly agile environments. This programme is tailored for early-career professionals aiming to elevate their roles within their organisations by refining IT operations management systems, processes, and best practices.

₹5.54 crore and entirely a fresh issue of 11.55 lakh equity shares. HOAC Foods IPO price band is ₹48 per share. The IPO lot size is 3,000 shares and the minimum investment amount required by retail investors is ₹144,000.

Tech Mahindra, has passed away at 85. Former Tech Mahindra MD and CEO CP Gurnani shared the news via the social media site X (formerly known as Twitter). “Heartbreaking news..

Also Read: SBI FD rate hike: State Bank of India raises fixed deposit interest rates on these tenors. Check latest FD rates here According to a report by The Sun, 45-year-old Omar vanished from his house in 1997. When his family failed to find him, it was assumed that he had died during a civil war between Algeria's government and Islamist rebel groups.

Tech Mahindra's former Executive Vice Chairman Vineet Nayyar passed away on Thursday at the age of 85. His former colleague and friend CP Gurnani, also a former Tech Mahindra VC, took to X to share the demise of Nayyar and expressed his grief.

Nifty50 closed 1.2% higher in April but more than 80% of the Alternative Investment Funds (AIFs) tracked by PMSBazaar.com beat the benchmark delivering up to 19% return in the same period. AIFs are investment funds pooling money from investors for assets beyond conventional stocks, bonds, and cash.

Indian regulators are pro-actively driving a dynamic and multifaceted transformation within the real estate sector. A wave of progressive regulatory reforms including implementation of the RERA Act (2016) for enhancing developer responsibility, GST for streamlining taxation, REIT regulations (2014) for paving a new asset class have all helped in fostering accessibility, transparency and stability for discerning investors.

Stock market today: Rushil Decor board has declared to increase its global footprint. As per the exchange filing by Rushil Decor Ltd, the company board has decided to strengthen its footprint in the South American market through expansion. This strategic move is expected to boost the company's revenue and market share, potentially leading to a positive impact on its stock performance.

It’s a measure of the strategic importance of the Indian Ocean Region (IOR) archipelago of the Maldives that India recently chose to host its new foreign minister, Moosa Zameer, despite the hurly-burly of Lok Sabha elections. With the Maldives’ President Mohamed Muizzu-led government already in China’s tight embrace, and the consequent turbulence in bilateral ties, India can ill-afford to cede further space to Beijing.

Hindustan Aeronautics Ltd, which is primarily engaged in the design, development, manufacture, repair, and overhaul of aircraft, helicopters, and their engines, is a key player in the Indian defence industry. HAL share price today opened upside at ₹4215 apiece on NSE and touched an intraday high of ₹4,269 per share during Thursday deals. While climbing to this intraday high, HAL shares also made a new lifetime high.

NEW DELHI : New Delhi: The Indian Energy Exchange reported a 14.7% increase in its consolidated net profit for 2023-24, helped by higher trade volumes and positive regulatory changes, including a mandate requiring the sale of surplus power on power exchanges. IEX's profit improved to ₹350.8 crore in FY24 from ₹305.9 crore in the previous year, with total revenue jumping 16.2% to ₹550.8 crore. The company's board has announced a final dividend of ₹1.50 for FY24, equivalent to 150% of the face value of equity shares.

hoarding that collapsed in Ghatkopar, killing 16 people, Hindustan Times reported. According to the report, Bhinde reportedly switched off his phone and fled the city as soon as reports about deaths from the billboard collapse emerged. Although his phone was briefly switched on in Lonavala on Tuesday evening, it has since been untraceable.

demat accounts and robust inflows into mutual funds. Millennials, in particular, are actively investing in equities, mutual funds and ETFs. This robust participation has been a key factor behind the unprecedented surge in Indian equities in recent years.

Indian Oil Corporation Ltd. traded 0.55 per cent up at Rs 162.85 at 10:55AM (IST) on Thursday, even as BSE benchmark Sensex dropped 114.83 points to 72872.2. The scrip had settled at Rs 161.95 in the previous session. The stock quoted a 52-week high and 52-week low of Rs 196.8 and Rs 84.8, respectively.