India Financial News
19.04 / 20:38
UPS
Booking
Election
community
Freedom
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rights
Reading democracy: 12 writers pick their favourite works on India
NEW DELHI : Every five years, as Indian democracy gears up for its biggest carnival—the general election—publishers fall in step with the spirit of the season. Suddenly bookshops are flush with political titles. From itinerant reporters with their ears to the ground to armchair analysts making heavy-duty predictions to politicians of all colours lobbying for their cause, everyone wants a piece of the democratic pie that is the Indian book trade.
19.04 / 20:38
markets
UPS
Provident
Platform
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Porsche
Audi
BMW launches new iX electric SUV variant in India, priced at ₹1.39 crore: All you need to know
₹1.39 crore (ex-showroom). Positioned as a completely built unit (CBU), interested buyers can secure their orders through authorized BMW dealerships or the carmaker's official online platform. The BMW iX electric SUV enters the ring to compete against formidable contenders in the burgeoning luxury electric vehicle market in India, such as the Audi e-Tron, Mercedes-Benz EQC, and Porsche Taycan.
19.04 / 14:27
19.04 / 13:13
Citi
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International
Air India cancels Dubai flights as city struggles to recover for record rain
Air India announced on Friday the cancellation of flights to and from Dubai due to ongoing operational disruptions at the airport in the Gulf city. Passengers who have booked Air India flights scheduled for travel until April 21 will receive a one-time waiver on rescheduling and full refunds for cancellations. Read More | Dubai International Airport limits incoming flights as city reels from record rainfall
19.04 / 12:56
economy
Election
DELL
students
Cycling
Dell expects new hiring, economic growth to drive commercial PC sales in India
Dell Technologies is banking on new hirings, replacements and growth in the Indian economy to drive sales of its commercial devices this fiscal, a senior company said. While speaking at the launch of a new commercial personal computers portfolio, Dell Technologies India, Senior Director and General Manager, Client Solutions Group, Indrajit Belgundi said that faster technology adoption is another factor that will drive sales of commercial devices unveiled by the company.
19.04 / 12:55
Election
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Pharmaceuticals
India more than ready to take next step towards becoming science powerhouse: Nature
India along with being an economic power is also more than ready to take the next step towards becoming a science powerhouse, as it called for a rise in the country's research and development spending, especially from the private sector. The prestigious British weekly said in its editorial headlined «How India can become a science powerhouse» cited researchers to highlight that basic research has been neglected by successive governments and that a thriving research system needs much greater autonomy.
19.04 / 12:20
Citi
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wellness
Investigations
NIA freezes immovable property of key aide of Pak-based Khalistani terrorists
National Investigation Agency (NIA) has frozen the immovable property of a key operative in a 2021 case relating to a fatal motorcycle-borne explosion in Punjab, with links to notorious Pakistan-based Khalistterrorists Habib Khan, alias Doctor and Lakhveer Singh, alias Rode.
19.04 / 12:19
markets
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AGRO
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Stock market update: FMCG stocks down as market rises
ADF Foods Ltd.(up 14.30%), Nakoda Group Of Industries Ltd.(up 1.77%), Heritage Foods Ltd.(up 1.41%), Honasa Consumer Ltd.(up 1.14%), Hindustan Unilever Ltd.(up 0.76%), Emami Ltd.(up 0.62%), Dodla Dairy Ltd.(up 0.54%), Godrej Consumer Products Ltd.(up 0.53%), Hatsun Agro Products Ltd.(up 0.39%) and Tata Consumer Products Ltd.(up 0.32%) stood among the top gainers.
19.04 / 12:03
19.04 / 12:02
markets
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India’s forex reserves down $5.4 bn to come off all time record high
forex reserves contracted by $5.4 billion to $643.16 billion as of April 12, latest data published by the Reserve Bank of India showed on Friday.
19.04 / 12:01
19.04 / 12:01
19.04 / 09:19
markets
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FIVE
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stake
Ashish Kacholia portfolio: 'Big Whale' raises stake in multibagger stock that has surged 280% in one year
Ashish Kacholia portfolio: Shares of Sanjivani Paranteral Ltd are one of the multibagger stocks that the Indian stock market has produced in recent years. This multibagger pharma stock has risen to the tune of 300 percent in the year but it seems that ace Indian stock investor Ashish Kacholia is still bullish on this small-cap stock. Ashish Kacholia's name has appeared in the shareholding pattern of Sanjivani Paranteral Ltd for the January to March 2024 quarter.
19.04 / 09:19
COST
FIVE
security
trends
Experts
reports
HDFC Bank Q4 results tomorrow: Net profit likely to jump 30%, NII growth seen at 24% YoY with stable NIM
HDFC Bank Q4 results are scheduled to be released on Saturday, April 20. India’s banking sector is expected to report relatively soft earnings during the January - March 2024 quarter characterized by net interest margin (NIM) pressure, steady loan growth but softer deposit growth, and cost pressures with the impending impact of wage hikes and pension provision for a few, analysts said. On the positive side, lower credit cost and better recovery trends are expected to support banking sector earnings in Q4FY24.
19.04 / 09:19
markets
UPS
CEO
Software
Trade
Narayana Murthy's 5-month-old grandson earned ₹4.2 crore after Infosys Q4 results
₹20 and a special dividend of ₹8, i.e. a total dividend of ₹28. Ekagrah Rohan Murty, the five-year-old grandson of Infosys founder Narayana Murthy became one of India's youngest millionaires after his grandfather gifted him 15 lakh Infosys shares, and the announcement of a ₹28 dividend made him an extra ₹4.2 crore on Thursday.
19.04 / 09:19
Provident
FIVE
Entertainment
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cricket
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NOT
After Rohit Sharma, Zaheer Khan speaks out against Impact player rule: ‘You will find half all-rounders not a…’
Dale Steyn in awe of MS Dhoni's batting in IPL 2024: 'I don't watch lot of TV, but…' Zaheer Khan while agreeing with the Indian captain's contention in an interaction with JioCinema stated, "I completely agree it's debatable, little concern for sure. But we need to find a way on how to deal with it.
19.04 / 09:19
Citi
MET
students
Universities
information
reports
2 Indian students from Hyderabad die after being washed away at a tourist spot in Scotland: Report
The deceased, along with their friends studying at Scotland's Dundee University and pursuing Master's degree, were on a hiking trip in the tourist spot. An official from the Indian High Commission in London informed that the bodies of the two students were found downstream.
19.04 / 08:53
IPO
Strategy
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wellness
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Government may sell 15% stake in Bharti Hexacom in multiple chunks
government is considering to sell the remaining 15% stake in multiple tranches, and the Telecom Consultants India Limited (TCIL) would share proceeds of Bharti Hexacom’s debut initial public offering (IPO) as a special dividend.
19.04 / 08:53
Action
Election
Food
Nestle
country
reports
Investigations
Initiate action against Nestle: Nidhi Khare, Consumer Affairs secretary
Ministry of Consumer Affairs has written to the Food Safety and Standards Authority of India (FSSAI) asking it to take action against Nestle India after Swiss investigative organisation Public Eye and the International Baby Food Action Network said in a report that the packaged foods maker adds 2.2 gm sugar per serving to its baby foods brand Cerelac in India.
19.04 / 08:53
19.04 / 08:53
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Indian Oil Corp. shares fall 1.09 per cent in Friday's trading session
Indian Oil Corporation Ltd. fell 1.09 per cent to Rs 167.1 in Friday's trade as of 02:09PM (IST) even as the benchmark Nifty ruled at 22172.75, up 176.91 points. The scrip had closed at Rs 168.95 in the previous session. The stock quoted a 52-week low of Rs 76.76 and a high of Rs 196.8. The company quoted a market-cap of Rs 235824.68 crore on the BSE.
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