India Financial News

03.05 / 18:21

UPS WhatsApp bowling Kolkata Knight Riders beat Mumbai Indians in an away game after 12 years

Kolkata Knight Riders in an Indian Premier League match on Friday. Incidentally, it was KKR's first win over MI in Mumbai after 12 years. Opting to bowl, Jasprit Bumrah (3/18) was at his best as MI bowled out KKR for a modest 169. Sri Lankan medium pacer Nuwan Thushara (3/42) blew the top-order while Bumrah was menacing at the back end with skipper Hardik Pandya (2/44) also getting a couple of wickets.

03.05 / 17:25

exclusive Team India gets critical tips from Sourav Ganguly ahead of T20 World Cup, 'My only advice to them is...'

ALSO READ: Irfan Pathan upset with BCCI over Hardik Pandya's selection in T20 World Cup, 'Sends wrong message…' “Team India is a very strong team. In the 50-over World Cup, India was outstanding and the best team of the tournament. I am sure that they are going to do the same thing in West Indies and America.

03.05 / 17:25

markets IPO Booking security Citigroup Invesco band Indegene IPO: Mumbai-based company raises ₹548.77 crore from anchor investors ahead of IPO

₹548.77 crore from anchor investors at the upper price band of ₹452 per equity share ahead of initial public offerings (IPO). Indegene IPO, which is scheduled to open for subscription on May 4, has allocated 12,141,102 equity shares to 36 anchor investors, as per the exchange filing.

03.05 / 16:39

markets UPS Platform Apple Research Trade reports India could be Apple’s third largest market in 3 years

Mint reported that increasing enterprise clients could boost Apple to register over $10 billion in annual revenue in India for FY24—which could also be the first full fiscal where Apple tops the smartphone market’s revenue chart. This revenue growth, if realized, has likely been fuelled by a sustained growth in shipments for Apple, while maintaining the highest average selling price (ASP) per device of $1,000 ( ₹80,000) in the India market.

03.05 / 16:39

markets UPS security Election reports Vi loses 680,000 subscribers in March, its fewest in seven months

Vodafone Idea trimmed its subscriber losses to 0.68 million in March, the lowest since last August and the second-lowest since March 2023, according to data from the telecom regulator. The third-largest telco by subscribers had 219.8 million users in March. Second-placed Bharti Airtel gained 1.75 million customers in the month, taking its total to 385.7 million.

03.05 / 16:39

security Election RAI country PM Modi to file nomination from Varanasi Lok Sabha seat on May 14, hold roadshow on May 13

Comedian Shyam Rangeela, the Congress' Ajai Rai and Bahujan Samajwadi Party's (BSP) Athar Ali Lari. PM Modi is seeking a third term from the Varanasi constituency. He had secured a landslide victory in the 2014 and 2019 Lok Sabha election.

03.05 / 16:39

COST Target FIVE Dreams performer blues Coforge eyes 4x growth in 4 years, as stock crashes 10% in a day

Coforge Ltd, has a long-term target to be among the top five of India’s $254-billion tech outsourcing industry. To do this, the company will look to ramp-up its latest acquisition of artificial intelligence (AI) and tech services firm, Cigniti Ltd—and could also pursue further acquisitions going forward. In the process, reaching an annualized revenue of $4 billion within the next four fiscals is possible, chief executive Sudhir Singh told Mint.

03.05 / 16:39

Provident wellness performer stars Manish Pandey, once an IPL star, makes a comeback for KKR, silences Wankhede by hitting Jasprit Bumrah for 6 | Watch

MI vs KKR IPL 2024: Kolkata Knight Riders (KKR) were in deep trouble when he made his way to the crease. For Manish Pandey, it was more than an inning; it was an opportunity to announce his strong comeback after three subdued IPL seasons. First, he stabilised the KKR innings and supported Venkatesh Iyer well to weave a good partnership, and then he unleashed violence against MI bowlers.

03.05 / 15:19

markets security Strategy Election wellness Trade reports Why the Nifty dropped to 3-week low after hitting fresh highs

₹2,391.98 crore on Friday, while domestic institutional investors, or DIIs, net purchased ₹690.52 crore, helping the market recover to an extent. Both the Nifty and the Sensex fell 2% from their day highs.

03.05 / 15:19

UPS Target Align Enterprise performer reports Motilal Oswal raises target price of Adani Ports on strong Q4 earnings; should you buy, sell or hold?

₹1,550. "We largely retain our estimates and reiterate our BUY rating with a revised TP of ₹1,550 (based on 17x FY26E EV/EBITDA)," said the firm in a note. Adani Ports & SEZ (APSEZ) reported a revenue growth of 19 per cent year-on-year (YoY) to ₹68.9 billion in 4QFY24.

03.05 / 15:19

Man Ball Strategy stars Videos Sporting bowling Sunil Gavaskar calls Riyan Parag as safe as 'RBI' despite SRH vs RR IPL 2024 match; here's why

Indian Premier League 2024 table toppers Rajasthan Royals on 2 May lost to Sunrisers Hyderabad by just a run. However, it was not the defeat that hurt the franchise, but Riyan Parag dropping Travis Head at backward point. Referring Riyan Parag as safe as Reserve Back of India, former India captain Sunil Gavaskar, who was commentating on Star Sports was stunned at Parag missing the catch of Travis Head.

03.05 / 15:19

UPS Action Death hospital patient donates Worried over low organ donation rate, health ministry instructs states to monitor brain-dead cases

NEW DELHI : In order to expedite cadaver organ donations, the Union health ministry has told states and union territories (UTs) to identify and monitor cases of brain stem death (BSD) in intensive care units (ICUs). Hospital administrations should sensitively approach the families of brain-dead patients in ICU regarding organ donation before the heart stops functioning.

03.05 / 14:22

markets Food Trade country information Department India now plans to reduce broken percentage in non-basmati rice exports amid food inflation woes

₹44.40 a kg, an increase of 13.10% on a year-on-year basis, according to consumer affairs ministry data as of Friday. Though food inflation in March eased slightly, inflation in rice remained significantly high at 12.7%, forcing the government to look for other ways to intervene in the market. The percentage of broken rice in parboiled rice as per a Directorate General of Foreign Trade (DGFT) notification is 15%.

03.05 / 14:22

Manufacturing NOC country hospital information Pharmaceuticals Centre takes away state powers for issuing NOC for export of drugs

NEW DELHI : The Union government has become the sole authority for issuing manufacturing licences for new drugs meant for exports, withdrawing the power from state governments amid heightened global scrutiny of Indian made drugs. The sole licensing authority from now on will be the Central Drugs Standard Control Organisation (CDSCO), India's apex drug regulatory body.

03.05 / 14:21

FIVE security CAT Actor social cricket MI vs KKR IPL 2024: Will Shah Rukh Khan return to Wankhede Stadium today? Revisiting why he was handed 5-year ban

MI vs KKR IPL 2024: Mumbai Indians (MI) will host Kolkata Knight Riders (KKR) at the grand Wankhede Stadium on Friday for the 51st match of IPL 2024. While there are many things to talk regarding the match, the internet is abuzz with questions about Shah Rukh Khan's visit for today's match and the 12-year-old incident after which the actor was banned from the Wankhede Stadium Mumbai. The social media murmur was sparked by former Joy Bhattacharjya's rebuttal to a user's comment who claimed that KKR's fortune in IPL took a downhill turn after Shah Rukh Khan's ugly spat with the security staff of Wankhede Stadium, back in 2012.

03.05 / 14:21

Entertainment Election Justice show prevention Courts rights Can't stop Rahul Gandhi, Lalu Yadav from contesting polls as…: SC responds to ‘namesake candidates’ plea

Election Commission to address the problem of "namesake" candidates in Lok Sabha elections 2024. After a bench headed by Justice B R Gavai showed disinclination to entertain the plea, the petitioner's counsel sought permission to withdraw it.

03.05 / 14:21

Election students country reports Colleges Top News on May 3: Titan Q4 results, Rahul Gandhi's nomination from Raebareli, pro-Palestine protests and more

₹786 crore — a 7% YoY rise from ₹734 crore in the year-ago period. The company declared a dividend of ₹11 per share of ₹1 each. ALSO READ: Titan Result Highlights: Net profit rises 7% YoY to ₹786 crore, declares dividend of ₹11 per share Congress leader Rahul Gandhi filed his nomination papers from the family bastion of RaeBareli on Friday.

03.05 / 14:21

UPS Platform pandemic social Headlines International NOT At 6.1% of GDP, GST revenue for FY24 still not above pre-GST level after 7 years, says former CEA

₹2.10 lakh crore in April 2024, Arvind Subramanian, former Chief Economic Adviser (CEA) to the central government has now highlighted that the despite the high collections, GST revenue for fiscal 2023-24 (FY24) has still not surpassed the pre-GST level. Also Read: The caveat you need to know while reading the GST ‘record’ in April Taking to social media platform ‘X’, the former CEA who is a senior fellow at Peterson Institute for International Economics, said that at 6.1 per cent gross domestic product (GDP), India's GST revenue--even after seven years, is still not above the pre-GST level, despite recovery from the COVID-19 pandemic and better implementation.

03.05 / 14:21

Experts reports Department recommendations Updates Income tax: Close to 6 lakh IT returns filed within 30 days of portal’s opening, two-thirds processed, says report

reported Business Line. Over 5.92 lakh returns were filed by April 29. Out of these, over 5.38 lakh had been verified and 3.67 lakh verified returns were processed.

03.05 / 14:21

Corona Photos reports Investigations Vaccines PM Modi's photo removed from Covid vaccine certificates because of Covishield safety concerns: RJD leader Misa Bharti

ANI. She said that this is a matter of investigation. "It is an old habit of the Prime Minister to take credit for any work.

03.05 / 14:21

Provident Election Immunic President performer cover Courts What is Article 361? Constitutional immunities protecting Bengal Governor in ‘molestation’ case

Governor of "insulting women" and questioned Prime Minister Narendra Modi's upcoming visit to the state for the Lok Sabha elections 2024 campaign. PM Modi is scheduled to stay at Raj Bhavan during his visit. The Kolkata police have filed a police complaint in the case based on the statements given by the Raj Bhavan employee, but they can't name Governor CV Ananda Bose in the case due to the immunities provided under Article 361 of the Indian Constitution.

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