India Financial News

16.01 / 16:49

markets UPS Digital Platform inclusion Jio advances 5G and AI technologies, strengthens digital inclusion in India, shows Q3 result

Jio continues to expand its True5G network, with over 170 million subscribers now on the platform, accounting for 40% of its wireless traffic, the company said in its quarterly (Q3) result.

16.01 / 16:49

markets UPS Strategy Highways Death country Faulty road construction should be made non-bailable offence: Highways Minister Nitin Gadkari

Road Transport and Highways Minister Nitin Gadkari on Thursday said faulty road construction should be made a non-bailable offence and road contractors and engineers should be held responsible for accidents and sent to prison. Addressing an event organised by industry body CII, Gadkari further said India is number one in road accidents in the world.

16.01 / 16:49

markets Virus reports infection strain symptoms Amid HMPV scare, US sees surge in flu symptoms, norovirus, and other viral illnesses. Here's how you can protect yourself

16.01 / 16:49

markets Digital Strategy Experts PAM Department Reliance to bring American luxury retailer Saks Fifth Avenue, enters into franchise agreement

Reliance Retail as part of its expansion into the luxury segment is introducing Saks Fifth Avenue, an American luxury department store chain to the Indian market… Its "premium brands business entered into India franchise arrangement for Saks Fifth Avenue," said Reliance Industries in its earning statement on Thursday.

16.01 / 15:33

security Analysis Research Trade Experts reports rights Bank of Maharashtra achieves 36% profit growth amidst strict underwriting standards

Bank of Maharashtra managing director Nidhu Saxena said that he would not mind compromising growth a bit to maintain high asset quality. «We have stressed upon the quality of advances. However, we are happy that the bank achieved 21% advances growth despite stricter underwriting standards.» The state-owned lender reported a 36% year-on-year rise in net profit at Rs 1406 crore for the December quarter while operating profit rose 14.5% at Rs 2303 crore.

16.01 / 15:33

markets Digital Strategy Trade Experts PAM RBI allows foreigners to open rupee accounts in major move

RBI) has allowed overseas branches of banks to open rupee accounts for people residing outside India in the latest move towards the internationalisation of the rupee.

16.01 / 15:33

UPS Football fun Features Videos World's most viewed reel is from an Indian: Kerala boy breaks Guinness record with 554 million views

16.01 / 13:33

markets UPS Target security Research reports Adani-baiter Hindenburg Research shuts shop—“from a place of joy”

Subscribe to enjoy similar stories. Hindenburg Research which set off a firestorm in India with withering allegations against the Adani Group is being disbanded, marking the end of the American short-seller feared for successfully targeting dozens of corporations. Nathan Anderson, who founded the research firm seven years ago, announced the closure but did not specify a reason for the decision.

16.01 / 13:33

Highways Trade President country hospital travelers patient Train to Kashmir: How the region’s first rail link with the rest of India will impact its key sectors

Subscribe to enjoy similar stories. Srinagar: The first-ever rail service connecting Srinagar with the rest of the country is set to launch this month, connecting India’s northernmost region like never before. The much-anticipated Udhampur-Srinagar-Baramulla Railway Project (USBRL) promises to transform the Kashmir Valley by seamlessly integrating Kashmir with the rest of India.

16.01 / 13:15

markets Digital Strategy Justice PAM Courts Justice (Retd) Arun Mishra appointed as BCCI Ombudsman

Supreme Court judge Justice Arun Mishra has been appointed as Ombudsman of the Board of Control for Cricket in India (BCCI). Mishra will also function as the BCCI Ethics Officer.

16.01 / 13:15

markets UPS Provident Cooper Strategy International Power Finance Corporation signs 120 billion yen loan pact with Japan Bank for International Cooperation

PFC on Thursday said it has inked an agreement with Japan Bank for International Cooperation (JBIC) for 120 billion Japanese yen (around Rs 6,600 crore) loan facility. According to a PFC statement, under the agreement signed on Wednesday, JBIC will provide funding of JPY 72 billion, and the balance will be funded by commercial banks.

16.01 / 11:53

UPS Analysis Trade Experts reports LTIMindtree Q3 Results: Cons PAT falls 7% YoY to Rs 1,085 crore, revenue rises 7%

LTIMindtree on Thursday reported a 7.1% decline in its consolidated net profit for the quarter ended December 31, 2024, to Rs 1,085 crore versus Rs 1,169 crore posted in the year-ago period. The revenue from operations in Q3FY25 stood at Rs 9,661, witnessing a 7.1% gain over Rs 9,017 crore posted in the same period a year ago. On a sequential basis, the profit after tax (PAT) was down 13.2% versus Rs 1,251 reported in Q2FY25.

16.01 / 11:53

markets UPS Analysis Food Nestle Trade Experts Stock market update: FMCG stocks up as market rises

Tasty Bite Eatables Ltd.(up 4.16%), Gopal Snacks Ltd.(up 4.03%), Sheetal Cool Products Ltd.(up 3.27%), JHS Svendgaard Laboratories Ltd.(up 2.91%), Euro India Fresh Foods Ltd.(up 2.89%), Varun Beverages Ltd.(up 2.54%), Parag Milk Foods Ltd.(up 2.25%), Godrej Consumer Products Ltd.(up 1.85%), Dangee Dums Ltd.(up 1.75%) and Honasa Consumer Ltd.(up 1.61%) stood among the top gainers.

16.01 / 11:53

UPS Action Netflix film stars Features Sporting Tamil OTT new releases: From ‘Good Bad Ugly’ to ‘Retro’ to ‘Thug Life’, Netflix shares full list

16.01 / 11:53

markets Provident Analysis Trade Experts reports Waaree Renewable Q3 Results: Profit dips 16% YoY to Rs 53.50 crore, declares interim dividend

Waaree Renewable Technologies, a leading provider of EPC solutions, on Thursday reported a 16.7% year-on-year (YoY) decline in its net profit to Rs 53.50 crore for the third quarter ending December 2024. The company also declared an interim dividend of Re 1 per share for its shareholders. During the quarter, the company’s net profit attributable fell to Rs 53.50 crore, compared to a profit of Rs 64.25 crore in the previous corresponding quarter last year. Meanwhile, the total income for the quarter saw an increase of 12.4% to Rs 364.12 crore, compared with Rs 324.67 crore in the corresponding quarter of the previous year.

16.01 / 11:53

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

stocks rallied as much as 15% in Mumbai trading on Thursday even as equity benchmarks, BSE Sensex and NSE Nifty, traded in the amid brisk in frontline bluechip counters. Stocks that surged in excess of 15% included, 52 Weeks Entertainment(20.00%), Aeroflex Industries(20.00%), Mahindra EPC(20.00%), Brand Concepts(19.99%), DHP India(19.99%), Silverpoint Infratech(19.94%), G G Automotive Gears(19.78%), Bhartia Bachat(19.52%), Active Clothing Co(16.78%) and Ircon Intl.(16.03%).

16.01 / 11:53

markets Digital Strategy PAM Features ALH-Dhruv, Tejas will not feature in Republic Day flypast

ALH-Dhruv) will not be part of the upcoming Republic Day flypast as the entire fleet of the military choppers has been grounded following a crash of one of them this month. The Army, the Indian Air Force, the Navy and the Coast Guard are operating around 330 ALHs.

16.01 / 11:53

markets Digital Strategy Experts PAM Features Govt signs Rs 2,960 crore deal with Bharat Dynamics to make medium-range surface-to air-missiles for Indian Navy

Ministry of Defence (MoD) has signed a significant contract worth Rs 2,960 crore with Bharat Dynamics Limited (BDL) for the supply of Medium-Range Surface-to-Air Missiles (MRSAM) to the Indian Navy. The agreement was formalised in New Delhi on Thursday, with Defence Secretary Rajesh Kumar Singh present during the signing ceremony.

16.01 / 11:39

markets UPS Analysis Enterprise Trade Experts Updates Stock market update: Nifty Realty index 0.67%

Shares of Brigade Enterprises Ltd.(up 3.09 per cent), Godrej Properties Ltd.(up 2.47 per cent), Mahindra Lifespace Developers Ltd.(up 1.56 per cent), DLF Ltd.(up 0.83 per cent) and Prestige Estates Projects Ltd.(up 0.73 per cent) ended the day as top gainers in the pack.

16.01 / 11:39

markets Digital Strategy Trade Experts PAM Indian Oil seeks sour oil from spot market, trade sources say

Indian Oil Corp (IOC) is seeking high-sulphur oil from the spot market in its first sour crude import tender since March 2022, expecting the latest U.S. sanctions to hit supplies from Moscow, trade sources said on Thursday.

16.01 / 11:39

markets UPS Digital Strategy PAM country Suzuki to leverage India as EV production hub; eyes growth in compact car segment

Suzuki Motor Corporation (SMC) will leverage India as a production hub, also for electric vehicles, Toshihiro Suzuki, Representative Director and President said, adding the company expects demand for electric cars to grow in the country bucking global trends and will introduce multiple products including compact affordable ones to strengthen its presence in the segment.

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