India Financial News

2024 Lok Sabha elections “even if they are united". "This is an alliance of convenience of some self-seeking Opposition leaders. However, they can't even face up to the NDA even if they are united.

₹24 a share as dividend taking total dividend to ₹69 for FY23. At the end of the December'23, quarter , TCS has declared dividend of ₹18 translating to a dividend yield of 1.78%. Also Read- Adani Power shares hit record high today, jump 18% in 4 sessions The IT companies are likely to feel growth challenges during the January to March'2024 quarter too.

NEW DELHI : The Delhi high court on Wednesday deferred hearing in a plea that sought to probe alleged fraudulent practices by Axis Bank in the sale and purchase of shares in Max Life Insurance Co Ltd. Counsels for the private sector lender and Max Life Insurance said that the case is pending with the Securities and Exchange Board of India (Sebi), which has the authority to adjudicate in these kinds of matters. The entities argued that the dispute, centering on a commercial transaction between two private parties, does not directly implicate the interests of the public shareholders, suggesting limited judicial intervention is warranted.

Nithin Kamath wrote: “I have said this before, regulatory risk is by far the biggest risk for stock brokers." "The RBI has its own reasons for restricting unhedged currency derivatives, but this means the death of currency derivative trading on stock exchanges by retail traders," he added. According to a 5 January RBI circular, starting 5 April, the traders have been mandated to demonstrate contracted or prospective currency exposure to participate in the currency derivatives segments provided by exchanges such as the NSE (National Stock Exchange) and the BSE (formerly Bombay Stock Exchange).

₹211 crore vis-à-vis ₹186 crore for VIP. Fairytale finish? Well, not so soon. VIP, seething with wounded pride, has charted a roadmap to claw back lost ground and reassert its dominance.

NEW DELHI : Vistara has blamed poor rostering for a wave of flight cancellations at the full-service carrier, warning it may have to curtail its network for May as well to gradually stabilize operations, two people aware of the development told Mint. Chief executive officer Vinod Kannan addressed Vistara's pilots on Wednesday following a string of flight delays and cancellations that left thousands of passengers stranded. Over the last two days, more than 100 flights of the airline have been cancelled and a large number of flights have faced delays, as disgruntled pilots have called in sick en masse.

Adani Power Ltd shares surged to an all-time high, marking a fourth consecutive session of gains. The stock surged by 5 percent, reaching a historic peak of ₹611.75 on the BSE, following an 18.4 percent increase over the past four trading sessions. Today's rally further propelled Adani Power's stock, which has climbed a remarkable 230% from its 52-week low of ₹185.10 recorded on April 19, 2023.

The 30-share BSE benchmark Sensex slipped 27 points, or 0.04% to close at 73,877. The broader NSE Nifty declined 19 points, or 0.08%, settling at 22,434.

regional airline, has partnered with IBS Software to power its commercial operations. FLY91 aims to provide an air alternative to road and rail travel across underserved routes in India. IBS Software has created a reservation experience designed to deliver a simple, efficient and cost-effective experience, to attract and retain customers, a press release from the company said on Wednesday. «By implementing IBS Software's modern omni-channel iFly Res commerce platform, FLY91 will not only create a compelling user experience powered by the platform's rich set of APIs and flexible rules engine, but also deliver dynamic pricing. „These real-time dynamic and personalised pricing capabilities are a vital tool in delivering the most cost-effective fares and ensuring pricing is competitive with alternative modes of transport,“ IBS Software said in the release.

PM Surya Ghar Muft Bijli Yojana for Solar Roof Top Finance.

The NSE Nifty index closed 18.65 points down at 22434.65, while BSE Sensex ended down 27.09 points at 73876.82.

Indo Tech Transformers Ltd.(up 11.07%), Energy Development Company Ltd.(up 9.88%), GE Power India Ltd.(up 9.17%), JSW Energy Ltd.(up 7.23%), Adani Power Ltd.(up 5.00%), GE T&D India Ltd.(up 5.00%), RattanIndia Power Ltd.(up 4.98%), Reliance Power Ltd.(up 4.96%), Orient Green Power Company Ltd.(up 4.87%) and Indowind Energy Ltd.(up 4.85%) stood among the top gainers.

spam calls and messages in recent times despite several measures taken by the Telecom Regulatory Authority of India (Trai). However, there is a simple solution to keep the unwanted telemarketing calls at bay. All you have to do is activate the Do Not Disturb (DND) feature on your mobile network. Here's a step-by-step guide on how to do it for networks like Jio, Airtel, and Vi. To block all those pesky marketing calls and messages, follow these easy steps: 1. Open your phone's default messaging app. 2. Create a new message and type FULLY BLOCK in capital letters.

Limelight Lab Grown Diamonds has received a strategic investment of US$1 million from two leading retail jewellery chains. The newly raised capital comes in the form of a strategic alliance that will enable Limelight to open new stores and boost its brand presence in the country. Before this, the company had secured an investment from the Emerald Group, Asia's largest jewellery manufacturer, as part of a strategic tie-up to establish Limelight as a one-of-a-kind vertically integrated brand to jointly manufacture, sell and distribute LGD studded jewellery in India and worldwide. The current investment plays a similar role in the company's strategic play to enable faster and more robust growth in the brand's store expansion in the country. At present, the company has 10 stores. It also has 40 plus shop-in-shops spread across 25 cities including Mumbai, Delhi, Jaipur, Varanasi, Hyderabad, Bangalore, Chennai, Kolkata and others. Madhavan said «We have received good response and support for LGD jewellery from customers across the country. It has also reflected in our sales and has given us the confidence to scale at a faster pace. With the Government’s impetus and focus on this sunrise sector, the investment further propels us towards achieving the goal of scaling our presence in India as well as globally.»

Rajasthan chief minister Ashok Gehlot, Congress leader Sachin Pilot says moving on was in the best interest of the party and stressed he would «100 per cent» campaign for his senior colleague's son Vaibhav who is contesting the Lok Sabha polls from Jalore. In an interaction with PTI editors at the news agency's headquarters here, the Congress general secretary said a redux of the 2004 election when the party won the polls despite the India Shining campaign of the NDA is very much on the cards. «Repeat of 2004 is very much possible given the circumstances, given the unrest among most people. What you don't see in the media is the real sentiment on the ground. This politics of jumlas and overconfidence (by the BJP) has its limits,» Pilot said earlier this week. Asked how he has been able to shake off his past differences with Gehlot and the former Rajasthan CM's 'nikamma-nakara' jibe at him in 2020, Pilot said, «I saw no advantage in replying in the same coin, I refused to be provoked, chose dignity and grace over name-calling and, more importantly, decided to show a large heart and move on.»

Samsung India on Wednesday announced the launch of a range of AI-powered home appliances and said it aims to exceed customers' expectations in the fast-growing premium appliances market. The new range of appliances with bespoke AI (artificial intelligence) will ensure smarter living for Indian homes and reduce energy consumption, contributing to a greener planet, the company said. «With our bespoke AI-powered home appliances, consumers will be able to customise their choices, get easy controls for elders and kids, and get seamless diagnosis for their home appliances. »With the transformative power of AI, we are confident that bespoke AI will strengthen our leadership in the digital appliances market in India," said J B Park, President & CEO, Samsung Southwest Asia.

agency group for new business wins in India for the year 2023, according to the New Business Barometer 2023 report by independent global research and data consultancy firm COMvergence. GroupM surged ahead with a new media business value exceeding $654 million, demonstrating its continued dominance in the Indian advertising market.

NEW DELHI : The Delhi high court on Wednesday dismissed a plea that sought directives for the Centre to implement measures ensuring the confidentiality of personal data collected by international travel companies during ticket bookings. The plea raised concerns about the potential misuse of Indian citizens' data, including Aadhaar and passport details, by three foreign-owned corporations: MakeMyTrip, GoIbibo, and SkyScanner.

Total Solar Eclipse on April 8: North America is set to witness a total solar eclipse next week on Monday (April 8). The cosmic event will start along Mexico's Pacific coast, journeying through Texas and 14 other US states before heading out over Canada, as per an AP report.

₹120 crore in FY23, after positing a ₹120 crore loss in FY22, according to financials submitted to the Ministry of Corporate Affairs. Founded in 2018 by second-time entrepreneurs Paavan Nanda and Saumya Singh Rathore, WinZO Games saw its revenue surge 182% from ₹242 crore in FY22 to ₹687 crore in FY23.

online payment failures. Online payment failures can be exasperating for both customers and businesses. Here are five common reasons for online payment failures in India and ways to prevent them: Banks and payment gateways may undergo scheduled maintenance or face unplanned outages.