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Most analysts believe that the current slowdown in earnings, which was also reflected in Q2 GDP growth hitting a seven-quarter-low of 5.4%, is likely to be limited only to the first two quarters.

Solar Industries India jumped as much as 9.5% on Tuesday to Rs 11,549 on BSE after the company, along with its subsidiary, secured export orders worth Rs 2,039 crore for supplying advanced defence products to international clients. The deliveries will be executed over the next four years, the company announced in an exchange filing. «We are pleased to share that our company, Solar Industries India Limited and its subsidiary have received export orders worth Rs 2039 Crores for Supply of Defence Products, to be delivered over a period of 4 years,» Solar Industries India said in an exchange filing.

advanced manufacturing. Organized by the Geospatial World Chamber of Commerce in collaboration with Geospatial World, this summit brought together key stakeholders from government, industry, academia, and research to explore and amplify the geospatial and space sectors' potential for innovation, economic growth, and sustainability. With bilateral trade in geospatial and space technologies projected to grow from $2.5 billion in 2024 to $10 billion by 2030, the summit underscored how shared investments in technology, policy alignment, and manufacturing can accelerate global progress.

Nitin Raheja, Executive Director and Head of Discretionary Equities, Julius Baer Wealth Advisors, says after the Q2 GDP shocker, capex spending which has been just 25% of the budgeted amount should probably come into play over the next two quarters and the industrial pack, the infrastructure companies, the cement companies could start to gain more traction. That could be the contract trade to play because it is very difficult to bring consumption back on stream as fast. What is your view on some of these new exciting themes, green, clean, which will make companies very efficient in terms of energy dependency? Is it good to be in a green & clean theme? Nitin Raheja: The road ahead is going to be good for the kind of investment that is going into green energy and within that in solar and wind. My only concern is the kind of valuations that are currently existing in some of these stocks. Let us not forget that while these businesses are doing well, when you talk about things like solar panels, they are essentially commoditised businesses. Currently, thanks to tariff barriers that have been put in place by the US on China, we are seeing an opportunity for Indian exports. Now, that is good and that means that Indian companies should do well over the next few years.

The Nifty futures closed positive with gains of 0.51%, reaching 24,429 levels on Monday. India VIX rose nearly 2% to close at 14.70 in the previous trading session.

Subscribe to enjoy similar stories. Bengaluru-based corporate professional Rohit Bidappa still calls himself a “loyal PC gamer who would never buy a console." After kick-starting his interest in gaming on a peer’s PC in the early 1990s, Bidappa has today been a PC gamer (someone who plays games on a personal computer or PC) for over three decades.

Subscribe to enjoy similar stories. Three-quarters of a century after freedom from British rule, Nehruvian policies continue to animate debates on the extent to which they aided or hobbled the emergence of India’s economy. Even before we made a decisive shift in 1991 to reduce the state’s role, a leftist critique sought to skewer the policy choices of our formative years for investing in elite education at the cost of mass learning.

Ambuja Cements Ltd. with a target price of Rs 710. The current market price of Ambuja Cements is Rs 533.9. Ambuja Cements Ltd., incorporated in 1981, is a Large Cap company with a market cap of Rs 130915.01 crore, operating in the Cement sector. Ambuja Cements' key Products/Revenue Segments include Cement, Other Operating Revenue and Scrap for the year ending 31-Dec-2021.

“I believe Capital Goods, Infra, EMS, Hospitals, Pharma, Tourism, Auto, New Energy, E-com, Jewellery etc. are good themes to play at current valuations,” says Amnish Aggarwal, Director — Institutional Equities, PL Capital — Prabhudas Lilladher. In an interview with ETMarkets, Aggarwal said: “We have cut our base case 12-month NIFTY target to 27,381 from 27,867 earlier) and recommend selective buying on dips for long-term gains” Edited excerpts: We have witnessed a volatile November as markets keep moving from bullish and bearish phases. What is your call on markets? Amnish Aggarwal: November has been a rollercoaster for the markets, with the NIFTY down 6% since mid-October, driven by FII outflows, geopolitical uncertainty, and a strong dollar. Inflation, especially food inflation, has also pressured demand, particularly in urban areas, with October CPI at 6.2%.

The first indigenous Loiter Munition, Nagastra-1, developed by Solar Industries in Nagpur has supplied the complete lot of 480 loitering munitions under a contract signed under emergency procurement powers by the force, defence officials said. The indigenous loitering munition named Nagastra-1 has an indigenous content of more than 75 per cent and has been designed and developed indigenously by the firm.

«I was shattered when it came into my knowledge,» said 48-year-old Bukhari, the information minister of Pakistan's most populous province of Punjab. Deepfakes — which manipulate genuine audio, photos or video of people into false likenesses — are becoming increasingly convincing and easier to make as artificial intelligence (AI) enters the mainstream.

But compute is awfully expensive. For a country like India, which needs scale and cheaper compute, the cost is only going to get increasingly higher, making it inaccessible to large sections. Open Cloud Compute (OCC), an initiative of People+AI is looking to solve this very issue. It is founded by EkStep Foundation, which Infosys cofounder Nandan Nilekani started in 2015 and is trying to offer an alternative for larger players by creating a network of micro data centres.

ET’s Puran Choudhary, the company’s global Gen AI leader, Nitin Mittal, shared Deloitte’s “India for global, India for India” strategy. Edited excerpts: Why did Deloitte choose India for the global CoE? There are several reasons. One is the talent base both within Deloitte and the larger ecosystem, including startups, academia and institutions. The other reason is that almost every Fortune 500 company has a presence in India. In Bengaluru alone, 38% of Fortune 500 companies operate. Compare this to other regions, like the Nordic countries, where talent may exist but not at the scale or price points we find here. This dual benefit of “India for global” and “India for India” is rare, and it’s a critical factor for Deloitte.

Direct-to-consumer brands and ecommerce marketplaces are estimated to have recorded a 17-18% increase in order volumes during this year's Black Friday weekend compared to last year. Beauty, wellness and personal care products, and home decor were the most popular categories during the sale, according to ecommerce enablement platform Unicommerce. The gross merchandise value (GMV) — the value of goods sold on ecommerce platforms, excluding discounts and returns — rose more than 24% from a year earlier. The surge in sales was fuelled by the global excitement around Thanksgiving and the Christmas season, bringing the year's ecommerce sale events to a close. The sale event also saw a sharp rise in average order value (AoV), particularly for pricier items, similar to what was observed during the Diwali festive sales, said several brand executives.

Blackstone and Carlyle are competing to acquire a majority stake in Texas-headquartered healthcare BPO Access Healthcare, said people aware of the development. Hillhouse Investment, which narrowly missed out to EQT on a similar US-centric firm GeBBS in September, is also making a strong bid. All these firms are due to submit non-binding offers by the middle of December for a 60-70% stake in the company, valuing it at $1.4-1.5 billion. The quantum of the stake sale is expected to be decided over subsequent rounds of negotiations, said the people cited. Set up in 2012 by Anurag Jain, an Indian-origin serial entrepreneur and venture capitalist, privately held Access Healthcare has 20 global delivery centres in nine cities in India, the Philippines, and the US.

Adani Group have approached the Securities and Exchange Board of India (Sebi) seeking settlement in a case that alleges violations of public shareholding norms through unfair practices at four listed companies of the infrastructure conglomerate. Emerging India Focus Funds (EIFF), a Mauritius-based foreign portfolio investor (FPI) that Sebi alleges is linked to Vinod Adani, the older half-brother of Gautam Adani, last week proposed a settlement amount of ₹28 lakh, according to documents reviewed by ET. Additionally, group flagship Adani Enterprises (AEL) director Vinay Prakash and Ambuja Cements director Ameet Desai (whose role in his capacity as an AEL director in 2014 is the subject of the present matter) have each offered ₹3 lakh as settlement amount.

Economists from the Bank of Baroda, ICICI Bank, HSBC and Standard Chartered now expect a CRR cut later this week as the Reserve Bank of India (RBI) would rely on the CRR lever, instead of the policy rates, to support growth through liquidity injection. CRR refers to the cash lenders must set aside as part of prudential norms. These funds, kept with the RBI, don't earn any interest. The pressure on the rupee, lower government cash balance and foreign portfolio (FPI) outflows have combined to cast a shadow on growth, although concerns over inflations haven't yet receded.

X200 and the X200 Pro models.The Vivo X200 could boast a 6.67-inch 10-bit OLED LTPS quad-curved display with support for PWM dimming, HDR10+, and an impressive peak brightness of 4,500 nits.Moreover, the Chinese counterpart is backed by a 5,800mAh battery with 90W wired charging support. True to its customer-friendly approach, Vivo is expected to include a charger in the retail box.Photography enthusiasts can look forward to a triple-camera setup on the X200, comprising a 50MP Sony IMX921 primary sensor, a 50MP Sony IMX882 telephoto lens, and a 50MP ultra-wide-angle camera.The X200 Pro could feature several enhancements, including an LTPO display panel with a variable refresh rate of up to 120Hz and ultra-slim 1.63mm bezels.

Online payments major PhonePe has informed its merchants that its payments solutions will be offered to them through direct integrations, therebystopping all third-party partnerships with payment aggregators like SoftBank-backed Juspay. In a communication sent out to merchants, a copy of which was seen by ET, PhonePe said that it sees third party payment players receiving a payment aggregator licence (PA) of their own as a conflict of interest. This is a significant development in the merchant payments business where players like Juspay, which facilitates merchants to work with multiple payment gateways, might face loss of business. Juspay recently bagged the final approval from the Reserve Bank of India for a PA licence. What does this mean and what could be the potential impact of this move? ET explains.

make in India to sell in India', results have been disappointing. Between September 2020 and May 2022, defence-related FDI barely reached $65 mn, with no major JVs announced for the manufacture of complex weapon systems. In line with the 2020 revised FDI rules, GoI permitted foreign OEMs to bid for defence contracts through 74% majority-held JVs with local partners. GoI expected huge FDI inflows, and that foreign OEMs would set up JVs to manufacture and sell weapon systems. Hasn't happened. The challenge for foreign defence OEMs to manufacture here centres on three issues:

Insolvency and Bankruptcy Board of India (IBBI) on Monday extended the deadline for filing forms to monitor liquidations by a month to December 31. The extension follows a request by liquidators and Insolvency Professional Agencies, citing technicalities and issues involved in the submission of the forms, the regulator said in a communication to stakeholders. Earlier, the deadline was extended from September 30 to November 30.