India Financial News
29.01 / 00:27
markets
UPS
Provident
wellness
President
War
Nayara, Jio-BP sell fuel on discount; state-run OMCs lose market share
Subscribe to enjoy similar stories. New Delhi: Private fuel retailers are cutting prices and eating into the market share of their public sector peers, passing on the benefit of cheaper Russian crude oil to their customers. While government-owned oil marketing companies (OMCs) that dominate fuel retailing in India have not touched prices since March 2024, Jio-BP and Nayara, which together control 97% of private fuel retail, have cut prices by as much as ₹5 in some regions.
29.01 / 00:27
Progressive
Aware
Highways
wellness
stage
country
testing
Govt mulls carrot-and-stick approach to weed out polluting clunkers
Subscribe to enjoy similar stories. To weed out polluting vehicles older than 20 years from Indian roads, the highway ministry is considering a carrot-and-stick approach. It plans to double the incentives to nudge owners to replace them, and if that doesn’t work, order mandatory scrapping.
29.01 / 00:27
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Stocks to buy: Raja Venkatraman recommends three stocks for today — 29 January
Subscribe to enjoy similar stories. After two consecutive days in the red, Sensex and Nifty rebounded, with Nifty Bank surging nearly 2%. The optimism was driven by the Reserve Bank of India's liquidity-boosting measures, which kindled hopes of a potential rate cut in February.
29.01 / 00:11
UPS
IPO
Analysis
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Experts
Hero Future Gears up for Rs 3,500 crore IPO
It is interacting with potential underwriters for the share offering in London, where Hero Future's chairman, Rahul Munjal, has been spending considerable time to help expand the global footprint of the renewable energy generator, said the sources cited above.
28.01 / 19:37
28.01 / 19:37
markets
UPS
Digital
students
social
reports
Schools
ASER 2024 report shows remarkable recovery in learning levels in govt schools
Annual Status of Education Report 2024, facilitated by NGO Pratham, for 605 rural districts has reported significant improvement in learning levels in government schools and swift recovery than the Covid-19 period. As per ASER, all these have been possible due to National Education Policy’s foundational literacy and numeracy (FLN) programme. ET takes a look at the key highlights of ASER 2024.
28.01 / 19:05
28.01 / 19:05
markets
UPS
Booking
Strategy
PAM
hospital
Union Bank of India puts 41 NPAs worth ₹1,561 cr on block
Union Bank of India has put up for sale 41 bad-loan accounts, including those of Nirmal Lifestyle and Future Brands, totalling ₹1,561 crore in principal outstanding. Bidders can submit expressions of interest (EoIs) until February 11, and e-auctions are slated February 12, documents showed.
28.01 / 18:11
markets
UPS
Digital
Strategy
Experts
PAM
Bokaro Steel Plant gets Rs 20k crore expansion plan
Steel minister HD Kumaraswamy Tuesday announced a ₹20,000 crore expansion plan for the Bokaro Steel plant, Jharkhand, which will ramp up the unit's production capacity from 5.25 million tonnes per annum to 7.55 MTPA. The minister was on a visit to the plant, emphasising the need for India to achieve self-sufficiency in steel production as part of the Atamnirbhar Bharat goal.
28.01 / 18:11
markets
Digital
Booking
Strategy
awards
PAM
Air India: Now you can earn points for Maharaja Club even without flying
Maharaja Club. While flying with Air India is the most common and obvious way to earn Maharaja Points, it is not the only way to get closer to an Award Flight or a Cabin Upgrade. Air India has opened up several new avenues for passengers to earn points and maximise rewards without having to fly frequently.
28.01 / 17:11
markets
security
Apple
Analysis
Research
Trade
Experts
Ahead of Market: 10 things that will decide stock market action on Wednesday
financial stocks. The rally came after the Reserve Bank of India announced several measures aimed at enhancing liquidity in the banking system, fueling optimism about a potential interest rate cut in February. The benchmark BSE Sensex gained 535.24 points or 0.71% to close at 75,901.41, while the broader Nifty 50 index closed at 22,957.25, higher by 128.10 points or 0.56%.
28.01 / 17:11
markets
security
Analysis
Enterprise
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information
Sebi returns Digvijay Gaekwad's letter seeking permission for competing offer for Religare Enterprises
Sebi) has returned a letter from US based investors Digvijay Laxmansinh Gaekwad and Danny Gaekwad Developments & Investments, Florida which sought the market regulator's approval to submit a competing open offer for equity shares of Religare Enterprises Limited. Sebi said that Gaekwad's exemption application was not in conformation with the Sebi regulations.
28.01 / 17:11
28.01 / 17:11
28.01 / 16:35
markets
Citi
Digital
Platform
Strategy
PAM
inclusion
Finvasia partners with Yes Bank to launch AI-enabled super app ‘Jumpp’
Finvasia, has announced the launch of Jumpp, an AI-driven financial super app. Developed in collaboration with YES Bank, Jumpp is designed to simplify personal finance by combining banking, saving, payments, investing, and borrowing into one seamless platform.
28.01 / 16:19
markets
COST
UPS
Provident
Aware
security
Despite industry demand, EV charging may not get infra status in budget
Subscribe to enjoy similar stories. New Delhi: Despite demands from the electric vehicle (EV) industry, the government may not grant 'infrastructure industry' status to the charging infrastructure sector in the upcoming budget on 1 February, two people aware of the development said.
28.01 / 15:35
security
Enterprise
stage
voice
reports
prevention
Courts
Religare takeover saga takes a fresh twist with the entry of a mystery Bangkok investor
Subscribe to enjoy similar stories. The high-profile battle for control of Religare Enterprises Ltd took a fresh twist on Tuesday with a Bangkok-based investor seeking the Delhi High Court’s intervention to halt the Burman family’s open offer to acquire an additional 26% stake in the financial services conglomerate. Sapna Govind Rao, who claims to own 500 shares in Religare, urged the court to instead consider a ₹5,000-crore competing open offer by Florida-based businessman Digvijay ‘Danny’ Gaekwad.
28.01 / 15:17
Platform
Netflix
Boxing
film
pandemic
stars
Videos
How two American companies are calling the shots in Bollywood
Subscribe to enjoy similar stories. As Eid came around last April, Bollywood was watching closely. It was supposed to be one of the most lucrative periods of the year for the Hindi film industry, as people normally descend on theatres in droves over the holiday weekend.
28.01 / 14:57
UPS
FIVE
Analysis
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Experts
reports
JSW Energy Q3 Results: Net profit drops 32% to Rs 157 crore; company to raise Rs 3,000 cr via bonds
JSW Energy on Tuesday reported a 32% drop in consolidated profit at Rs 157 crore against Rs 232 Crore in the same period last year. Total revenue during the quarter decreased by 1% year-on-year to Rs 2,640 crore from Rs 2,661 Crore in the corresponding period last year.
28.01 / 14:57
markets
Digital
Strategy
Enterprise
wellness
Experts
PAM
SaaS startup Atomicwork raises $25 million in round led by Khosla Ventures, Z47
Atomicwork, has raised $25 million in a funding round led by Silicon Valley-based Khosla Ventures and Z47 (formerly Matrix Partners India).
28.01 / 14:29
markets
Strategy
awards
performer
testing
cricket
I'll pick us winning the T20 World Cup first: Bumrah after claiming ICC Men's Cricketer of the Year
Jasprit Bumrah feels honoured after winning the prestigious ICC Men's Cricketer of the Year award but team's success would always be his priority and he picked India's T20 World Cup triumph as his most cherished moment of 2024. The 31-year-old was awarded the Sir Garfield Sobers Award on Tuesday following a remarkable 2024, where he showcased «a master-class in skill, precision, and relentless consistency» across all formats.
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