India Financial News

Bollywood actor Alia Bhatt, the daughter-in-law of the Kapoor family, does not feature in Episode 1. The show has been rebranded as The Great Indian Kapil Show. The promo shows the Kapoor family laughing out loud as Krushna Abhishek and Kiku Sharda crack jokes.

₹1,800 crore notice. According to an India Today report, senior Congress leader Jairam Ramesh said, "Two more notices were sent to us last night". He reiterated that Congress was a target of "tax terrorism".

Stock market holidays in April 2024: After the end of a truncated week, the Indian stock market is all set to enter the new financial year on Monday. Monday next week will be the first trade session of FY25. However, at the beginning of a new month and a fiscal, it is important to know that there will be two stock market holidays falling in April 2024.

block deals worth Rs 16,624 crore which included both buying and selling action. In the largecap segment, 15 companies witnessed significant block deals that were worth Rs 8,026 crore led by Mankind Pharma which saw equity worth Rs 2,639 crore changing hands. The next in line were IndusInd Bank (Rs 895 crore), Axis Bank (Rs 816 crore), HDFC Life Insurance (Rs 614 crore), Reliance Industries (Rs 570 crore), State Bank of India (Rs 548 crore), Mahindra & Mahindra (Rs 348 crore), and Kotak Mahindra Bank (Rs 243 crore).

Indian office market continues its positive trajectory, registering a net absorption of 11.5 mn sft across top 8 cities in Q1-24, according to Cushman & Wakefield’s Q1 office data. This is the third-highest level recorded in the last five years, demonstrating a robust appetite for office space among businesses. Net absorption is a barometer of real demand or expansion of occupied space in the market. While this quarter’s net absorption was 38% lower than the exceptional Q4-2023, it was a 44% increase over Q1 2023, indicating continued space occupation by businesses. Bengaluru and Mumbai emerged as the leading markets, absorbing 3.6 mn sft and 2.5 mn sft of space, respectively. They were followed by Hyderabad at 1.6 mn sft, Delhi-NCR at 1.5 mn sft Pune at 1.3 mnsf, Ahmedabad and Kolkata at 1 mn sft, and Chennai at .8 mn sft.

Kerala Chief Minister Pinarayi Vijayan on Saturday gave a push to the LDF's Lok Sabha poll campaign by attacking the BJP-led Centre, accusing it of endangering the secular and democratic nature of India. Vijayan alleged that as a result of the repeated moves by the BJP-led Centre to endanger secularism in the country, a large section of people, who have been living in India for decades, are concerned whether they can continue to live in this nation. «Crores of people are living in fear and apprehension in the country,» he claimed. The steps being taken by the central government have also adversely affected India's image, of being a democratic and secular nation, before the world community. «Organisations like the UN and Amnesty International as well as countries like the US and Germany are criticising certain recent developments in India and questioning whether democratic ways are being followed here,» the Marxist veteran said.

Amrut Distilleries has seen investment interests from many but it has not considered to tinker with shareholding at a time when Indian single malt whiskey business is on an upswing amid a premiumisation drive in the country. Amrut has seen interests from many investors in recent times, Rakshit N. Jagdale, managing director, Amrut Distillers, told ET Online, without revealing further details. The company also hasn't considered to tap into the markets with D-Street listing as of now but the aim remains to increase exports and grab larger market share. The single malt whisky accounts for about 25% to 26% of Rs 500 crore annual turnover now and the share of this luxury category is expected to account for 35-40% of total turnover in five years, Jagdale added.

residential real estate market in India recorded robust growth in the first quarter of 2024, propelled by persistent high demand. The high-end and luxury segments made a substantial contribution to this growth, while the mid-segment retained its leadership position in terms of the sheer number of launches or shares, mentioned Cushman & Wakefield's Residential Marketbeat Report for Q1. The report indicates that the top 8 cities recorded a total of 69,000 unit launches, with Mumbai and Pune being the top contributors with 28% and 16% respectively. Hyderabad and Bangalore followed with 16% and 13%. Although the total launches declined by 7% from Q4 2023 at 74,344 units and 15% from Q1 2023 at 81,167 units, it still surpassed the average quarterly launches observed in 2022 at 67,960 units, indicating yet another positive year for the sector.

Archana Puran Singh, renowned for her role as a judge on comedy shows, is eagerly anticipating the release of 'The Great Indian Kapil Show' on Netflix. Alongside Kapil Sharma, Sunil Grover, and others, Archana is set to entertain audiences once again. In a recent media interaction, she reflected on her journey on 'The Kapil Sharma Show' and addressed the criticism she faced for what some deemed as «fake-laughing» at jokes that fell flat. Archana candidly shared, «I didn't know one day I'd become more famous for my laughter. As an actor, I always thought it would be my performances that would be known, but see where destiny takes you.» She expressed her joy in having what she considers the «best job in the world,» highlighting how she's constantly «laughing her way to the bank.»

Stocks to buy now: After witnessing an impressive trend reversal in the last session of the financial year 2023-24, stock market investors are busy finding out the value picks for their portfolio in the new fiscal. As most of the Indian indices are at record high levels, investors are looking at the IT segment as the segment has remained under the sell-off heat for a long time. So, it would be prudent to know whether one should accumulate IT stocks in the new financial year 2024-25.

₹25 crore to the government exchequer. The IAF also told the court that the incident had the "effect of affecting the relations" between India and Pakistan.

players and urged fans to respect them. Without mentioning Pandya's name, Sonu wrote on X, “We should respect our players. Players who made us proud, players who made our country proud.

Bharat Ratna 2024: India's top civilian award conferred on 5 eminent persons President Murmu will pay a visit to senior BJP leader LK Advani's residence and confer him with the prestigious award. This was decided keeping in view the ailing health of LK Advani, according to Bharatiya Janata Party (BJP) sources. Advani is a founding BJP member credited with charting the course of its rise through the 1990s.

Read more here In a recent discussion with Bill Gates, Prime Minister Narendra Modi highlighted India's strides in technology, focusing on digital empowerment, women's inclusion, and AI challenges. He explained how India has embraced technology to prevent monopolies and ensure it is accessible to all citizens. PM Modi conveyed that India has democratized technology to avoid monopolies, asserting it as a people-centric endeavor.

@trains.of.bharat, is a trainspotter’s delight, with videos of WDG-4Gs and WDS-6s thundering past platforms and the clickety-clack of wheels on tracks. To him, railway staff such as loco pilots and guards, who guide thousands of people to different destinations everyday, “are actually heroes similar to army jawans." Kannan too describes memorable conversations with motormen and invitations to peek into the locomotive’s cabin. “Motormen are very friendly and will happily explain controls and dials.

Tomorrow's IPL Match: Gujarat Titans (GT) and Sunrisers Hyderabad (SRH) will clash on March 31 at the Narendra Modi Stadium in Ahmedabad. The match will start at 3:30 PM. This will be the third match in IPL 2024 for both teams.

Buy or sell stocks: After moving into a narrow range movement in the last few sessions, the Indian stock market witnessed a decisive intraday upside breakout on Thursday. The Nifty 50 index gained 203 points and closed at the 22,326 level, the BSE Sensex surged 655 points and closed at the 73,651 mark whereas the Bank Nifty index shot up 338 points and ended at the 47,124 level. In the broad market, the small-cap index gained 0.33 percent while the mid-cap index scaled 0.62 percent north on the last trade session of FY24.

Tomorrow's IPL Match: Delhi Capitals (DC) and Chennai Super Kings (CSK) will clash on March 31 at the Dr. Y.S.Rajashekar Reddy ACA-VDCA International Cricket Stadium in Visakhapatnam. The match will start at 7:30 PM.

Alaska Airlines 737 MAX 9 passengers may be 'crime victims': FBI Biden's remarks came during a high-dollar campaign fundraiser at Radio City Music Hall. Boeing is under fire following relentless episodes of callousness pertaining to the safety of the passengers. Earlier this year, a door of a Boeing 737 Max 9 plane operated by Alaska Airlines blew out midair.

(This story originally appeared in on Mar 30, 2024)

AIFs) are seeking clarification from the central bank on the exclusion of equity shares from the definition of downstream investments. The industry wants to know whether the exclusion applies only to investments in equity shares or also includes private equity and venture capital investments in the form of compulsorily convertible instruments. These instruments might include compulsorily convertible debentures (CCD) and compulsorily convertible preference shares (CCPS).