India Financial News

29.01 / 15:07

markets Digital Coca-Cola Strategy Align trends President Competition a positive force, keeps us sharp: Coca-Cola president Murphy

Subscribe to enjoy similar stories. MUMBAI : The Coca-Cola Company’s president and chief financial officer John Murphy has reaffirmed India’s critical position in the beverage maker's global strategy, underscoring its growth potential, evolving retail dynamics, and the competitive landscape. Speaking to media in Mumbai on Wednesday, Murphy highlighted the strength of rural markets, the rising importance of vending, and the company’s approach to competition amid the resurgence of local brands.

29.01 / 14:35

markets UPS Target security Research Trade country National Critical Mineral Mission, higher ethanol procurement price get cabinet nod

Subscribe to enjoy similar stories. New Delhi: The Union cabinet on Wednesday approved a national critical mineral mission with an outlay of ₹34,300 crore to boost India's supply chain in the key sector and achieve self-reliance The cabinet also approved an increase in the price of ethanol procured by state-run oil marketing companies (OMCs) for blending with petrol.

29.01 / 12:17

UPS Art Action film show performer country Chronicling Mumbai’s chawls with Amol K Patil

Subscribe to enjoy similar stories. Trapped. Suffocated.

29.01 / 12:17

Provident Target reports Department donates Updates Why is the I-T department sending SMSes to political donors?

Subscribe to enjoy similar stories. Several taxpayers who reported making donations to political parties and claimed deductions under Section 80GGC have started receiving messages from the Income Tax department urging them to verify their claims. “This appears to be a soft nudge from the tax department, likely targeting taxpayers who may have claimed deductions for fake donations or made errors in their filings," said Nitesh Buddhadev, a chartered accountant and founder of Nimit Consultancy.

29.01 / 12:17

Citi Experts medicines Courts Can you enjoy tax-free income from your home garden?

Subscribe to enjoy similar stories. Agricultural income is exempt from taxation, but what if you don’t own a farmland in a rural area? If you manage a home garden in a city and sell some of your produce, can this income still qualify as agricultural income? Here’s what tax experts say. The definition of agricultural income includes income derived from land used for agricultural purposes, said Gautam Nayak, partner at CNK & Associates.

29.01 / 11:19

markets security Analysis Research Trade Experts rights Tata Motors Q3 Results: Profit falls 22% YoY to Rs 5,451 crore, misses estimates

Tata Motors' third-quarter profit missed the Street estimates by a wide margin as the bottom line fell 22% YoY to Rs 5,451 crore. The profit was way below the ET Now poll estimates of Rs 6,791 crore.

29.01 / 11:19

markets UPS Analysis Trade Experts Updates Stock market update: Mining stocks up as market rises

Gujarat Mineral Development Corporation Ltd.(up 13.01%), MOIL Ltd.(up 4.84%), The Orissa Minerals Development Company Ltd.(up 3.42%), KIOCL Ltd.(up 3.41%), Aro Granite Industries Ltd.(up 3.15%), NMDC Ltd.(up 2.93%), Pokarna Ltd.(up 2.89%), Ashapura Minechem Ltd.(up 2.58%), Coal India Ltd.(up 2.38%) and Sandur Manganese & Iron Ores Ltd.(up 1.45%) stood among the top gainers.

29.01 / 11:19

security Analysis Research Trade Experts reports rights Indian Bank Q3 net profit surges 35 pc to Rs 2,852 cr

Indian Bank on Wednesday reported a 35 per cent increase in net profit at Rs 2,852 crore for the third quarter ended December 2024, helped by core income. The Chennai-based bank had earned a net profit of Rs 2,119 crore in the same quarter a year ago. Its total income increased to Rs 17,912 crore from Rs 16,099 crore a year ago, Indian Bank said in a regulatory filing.

29.01 / 11:19

markets Digital Strategy Align Experts PAM innovations SmartWinnr welcomes Indian Army veteran Keats Das as chief of staff

AI-powered sales enablement solutions, today announced the appointment of Keats Das as Chief of Staff, bringing his unique blend of military leadership and business acumen to drive SmartWinnr's growth initiatives.

29.01 / 11:19

markets Digital Strategy Research Experts PAM ISRO scores a 100, PSLV takes the cake with most to space

Indian Space Research Organisation (ISRO) on Wednesday achieved a historic milestone with its 100th mission and revealed an ambitious future plan of crossing the next 100 launches in five years. Starting off with the SLV in 1979, the space agency crossed the 100-mission mark after 46 years, but what stands out is the PSLV's dominance through the years with 62 missions.

29.01 / 11:19

UPS Analysis Healthcare Trade Experts blues Sensex rises! These stocks rallied over 15% on BSE in today's trade

stocks rallied as much as 15% in Mumbai trading on Wednesday even as equity benchmarks, BSE Sensex and NSE Nifty, traded in the green amid brisk buying in frontline bluechip counters. Stocks that surged in excess of 15% included, Syrma SGS Technology(19.99%), Ami Organics(19.99%), Inox Wind Ltd.(19.79%), Gala Global Prod(18.83%), KIFS Financial(17.28%), Chemfab Alkalis(17.21%), Indo Farm Equipment(16.81%), DIC India Ltd(15.98%), Deepak Fertilisers(15.91%) and Ramgopal Poly(15.63%).

29.01 / 11:19

UPS Analysis Food Trade Experts reports recommendations Tata Consumer Q3 preview: Topline to grow by up to 17% YoY. Tea business may hit profitability

Tata Consumer Products is expected to report a double-digit growth in its topline for the quarter ended December 31, 2024 led by strong domestic business, as per three top brokerages. The revenue from operations in the reporting quarter is seen to grow by 15-17% according to estimates by three brokerages. Meanwhile, the company's profitability is expected to take a hit on the back of a sharp spike in tea prices.

29.01 / 11:19

markets Digital Manufacturing Volkswagen Strategy Experts PAM Skoda keen to invest in India's new EV policy

Skoda Auto, leading Volkswagen's India investments, is considering investing in India's new electric vehicle (EV) policy. However, the company wants the government to include hybrid and plug-in hybrid electric vehicles (PHEVs) for benefits, citing challenges with charging infrastructure and consumer acceptance of pure electrics.

29.01 / 11:19

markets UPS Analysis Trade Experts blues Updates Stock market update: Nifty Auto index advances 1.45%

Shares of TVS Motor Company Ltd.(up 5.53 per cent), Tata Motors Ltd.(up 3.33 per cent), Exide Industries Ltd.(up 2.84 per cent), Bajaj Auto Ltd.(up 2.71 per cent) and Samvardhana Motherson International Ltd.(up 2.21 per cent) ended the day as top gainers in the pack.

29.01 / 11:19

markets Digital Strategy NVIDIA PAM innovations Chinese whiz built DeepSeek after big setback and is shaking Wall Street now

Liang Wenfeng’s quantitative hedge fund, Zhejiang High-Flyer Asset Management, issued a public apology to investors after sustaining losses during a volatile period for China’s stock market. The setback was unexpected for the firm, which had rapidly become one of the country’s largest quant funds by leveraging artificial intelligence to select stocks.

29.01 / 10:25

markets Digital Strategy awards Experts PAM Department Republic Day parade: Uttar Pradesh tableau wins first prize; J&K Rifles wins best marching contingent

Jammu and Kashmir Rifles was adjudged the best among the three services. Tripura's tableau, with the theme «Eternal Reverence,» won the second prize among the tableaux from states and union territories, according to the Defence Ministry.

29.01 / 10:25

markets Digital Strategy Experts PAM reports Dhananjay Munde should resign over Deshmukh murder case: Supriya Sule

Supriya Sule on Wednesday said that Maharashtra minister Dhananjay Munde, who is under fire over the Beed sarpanch murder case, should resign on «moral grounds.» Talking to reporters here, she said 50 days have passed after Massajog sarpanch Santosh Deshmukh's gruesome murder, but despite fingers being pointed at Munde's close associate, the NCP minister has not been sacked from the BJP-led government.

29.01 / 10:25

markets Citi Strategy Election PAM From Chandini Chowk to Dwarka: Delhi comes alive with campaign jingles, posters, poll promises

Delhi Assembly elections approach, the city has come alive with the clamour of campaign jingles, colourful posters and loudspeakers blaring messages from competing political parties. From the narrow lanes of Chandni Chowk to the bustling streets of Dwarka, each party is pulling out all the stops to make its presence felt. Music has become the lifeblood of the election campaigns.

29.01 / 10:25

markets Digital Waters Strategy PAM Dead Sea an 'ecological disaster', but no one can agree how to fix it

29.01 / 10:25

markets Digital Strategy Experts Justice PAM Courts Rationalist Govind Pansare's killing: Bombay HC grants bail to six accused

Bombay High Court on Wednesday granted bail to six accused in the case of killing of rationalist and author Govind Pansare in 2015, on the ground of long incarceration. A single bench of Justice A S Kilor allowed the bail pleas of the six accused — Sachin Andure, Ganesh Miskin, Amit Degvekar, Amit Baddi, Bharat Kurane and Vasudev Suryavanshi.

29.01 / 10:25

markets Digital Strategy Justice PAM hospital Courts RG Kar case: SC asks hospitals to regularise doctors' absence during protests

AIIMS New Delhi, to regularise the unauthorised absence of doctors who were part of protests against the rape and murder of a doctor at RG Kar Hospital, Kolkata. A bench comprising Chief Justice Sanjiv Khanna and Justice Sanjay Kumar took note of the submissions of a doctors' body that some hospitals had regularised the absence of the doctors following its August 22, 2024 order but a few others, including AIIMS Delhi, decided to treat the period as leave of absence.

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