India Financial News

BSE, RK Swamy IPO subscription status was 3.85 times, with retail portion subscribed 13.41 times, as of 1:15 pm on Tuesday, March 5. RK Swamy IPO subscription status was 2.19 times, as per BSE data, on the first day. RK Swamy IPO opened for subscription on Monday, March 4, and it will close on Wednesday, March 6.

cricket series, starting from March 7. However, the weather will play a curious role here, promising to challenge both teams. In Himachal Pradesh’s Dharamshala, the backdrop is breathtaking, but the weather is unpredictable.

₹2.3 trillion in 2023, is expected to grow at a compound annual growth rate (CAGR) of 10% to reach ₹3.08 trillion by 2026, according to the annual media and entertainment (M&E) report by Ficci and consulting firm EY. However, the growth of ₹17,300 crore last year was half of the ₹37,100 crore growth that took place in 2022, mainly due to headwinds in advertising during the first half of the year, the report added. Except for television, all M&E segments grew in 2023, but the share of traditional media (television, print, filmed entertainment, live events, out of home, music, radio) stood at 57% of M&E sector revenues, down from 76% in 2019.

Stock market today: SpiceJet share price today witnessed buying interest as the aviation company has declared to have settled down ₹93 crore dispute with the aircraft leasing company Cross Ocean Partners. Both the companies made a joint announcement before the Delhi High Court on Tuesday.

Gold loan interest rates vary with bankbanksthatpurposes; however, one should be aware of other charges which will be applicable when availing gold loan. The charges include processing fees, foreclosure charges, valuation charges, documentation charges, Overdue Handling Charges (delinquent accounts) are some o them.

Colgate-Palmolive (India) Ltd. fell 1.47 per cent to Rs 2540.0 at 01:35PM hours (IST) on Tuesday. Earlier in the day, the stock saw a gap down start to the session. As per data available on BSE, total traded quantity on the counter stood at 3,456 shares with a turnover of Rs 0.88 crore till 01:35PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 54.62, while the price-to-book value ratio stood at 23.88.

Home Office data from the UK reveals a dip in the number of study visas issued for main applicants by the country in 2023 compared to the previous year. In 2023, there were 4,57,673 study visas issued to main applicants, which represented a 5.5 per cent decrease compared with the previous year. Click & check your eligibility for immigration Find out The 2023 total was the second highest on record for a calendar year and was 70 per cent higher than the pre-pandemic year of 2019, the Home Office said.

BigBasket on Tuesday said that it has partnered with chef and entrepreneur Sanjeev Kapoor to launch a frozen foods brand Precia. «Our partnership with Chef Sanjeev Kapoor marks a decisive leap forward in meeting evolving consumer needs and tapping into new market opportunities,» Hari Menon, cofounder of BigBasket said.

coal-fired power capacity over a decade, four sources familiar with the matter said, ending a six-year drought in significant private involvement in the sector. Adani Power, JSW Group and Essar Power are among the companies that have told India's power ministry they would be keen to expand old plants or develop stalled projects facing financial stress, according to the sources and a government presentation seen by Reuters. The potential investments, which have not been previously reported, could cumulatively cost billions of dollars and demonstrate renewed appetite in an industry seen by many as financially unattractive. But they also threaten to undermine progress made by the world's No.3 greenhouse gas emitter in weaning its economy off carbon.

IRCTC) has announced a collaboration with online food delivery platform Swiggy to supply and deliver pre-ordered meals to passengers. The delivery of the pre-ordered meals will be done through IRCTC’s e-catering portal.

Standard Chartered Bank, India has appointed Sanjay Gurjar the Co-Head, Client Coverage — Corporate, Commercial and Institutional Banking (CCIB) for India and South Asia, the company said in a statement on Tuesday. Gurjar’s remit will cover Local Corporates & Middle Markets in India, Bangladesh, Sri Lanka & Nepal. Prior to this assignment, Gurjar was the Managing Director & Head, Banks & Broker Dealers (BBD), ASEAN & Head Financial Institutions (FI), Singapore.

Bitcoin's runaway rally is being driven by investors in Asia. Traders in South Korea, China and other Asian countries are responsible for roughly 70% of bitcoin trading volumes, much like they were in 2021 when bitcoin last hit such heady highs, according to crypto exchange data from The Block.

BlackRock sees India and Indonesia as two Asia-Pacific countries offering a lot of investment opportunities, its head of research for the region said on Tuesday. Manjesh Verma, BlackRock Head of APAC Credit and Fixed Income Research, at an investment forum in Jakarta said the two emerging market countries were advantageous due to their large populations.

Havells India Ltd. slipped 1.16 per cent to Rs 1534.15 in Tuesday's trade. It hit a high of Rs 1559.3 and low of Rs 1525.7 during the session. On the technical charts, the 200-DMA of the stock stood at Rs 1343.22, while the 50-DMA was at Rs 1395.39. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend and if trades between these averages, then it suggests the stock can go either way.

Mint Explainer: All you need to know about the $8.5-bn Disney-Reliance merger In January, nearly 243.5 million users — a 46.5% market share — visited three streaming platforms, Disney’s Hotstar and Reliance’s JioCinema and JioTV. Hotstar garnered over 114 million unique visitors for the month, while JioCinema and JioTV received more than 129 million visitors during the period, according to Comscore data.

Realme 12+ 5G are all set to launch in India on March 6, and are likely to bring more competition to the sub- ₹25,000 price segment. However, a new leak has hinted at the Realme 12 series ahead of tomorrow's launch event. Notably, Realme had also earlier opened the pre-booking for these smartphones, giving users a ton of benefits if they book these upcoming devices in advance.

Go Digit IPO: Market regulator Securities and Exchange Board of India (SEBI) has approved Go Digit's initial public offering (IPO), which is backed by cricketer Virat Kohli and his wife, Bollywood actress Anushka Sharma. Go Digit's IPO hit many hurdles over compliance issues resulting in a delayed approval for the public offer, on March 4. Go Digit General Insurance Ltd is also backed by Canada-based Fairfax Group.

₹7,200 crore in Telangana's Sangareddy, about 60 km from here. Addressing the event here, PM Modi reiterated his commitment to Telangana's progress and said he works with the spirit that states' development is the country's growth. “The Centre had allocated ₹11 lakh crore towards infrastructure in this year's budget and the Centre wanted Telangana to get the maximum benefit from it," the Prime Minister said.

India takes safety of women very seriously: NCW chief spars with US-based writer Singer Chinmayi on the X platform wrote, "If all Indians can be proud when ‘few’ Indians win an Olympic medal. All Indians can also be ashamed when ‘few’ men rape". Meanwhile, on Tuesday, Jharkhand Police has handed over a compensation of ₹10 lakhs to the husband of the victim.

Mumbai, depending on market conditions, with the possibility that more banks could be added, as per the report. Representatives for the five banks, as well as Ather, declined to comment.

Shark Tank India and the Founder of House of Beauty, recently shared her experience on the show and said that she tried to hold back her tears during her pitch. Arora, renowned as a face yoga expert, revealed that she couldn't secure any investment during her appearance. Expressing her disappointment, she criticized the “sharks" and disclosed that she struggled to hold back tears during her pitch.