India Financial News

18.11 / 04:49
markets Ball patient International Sri Lanka beats New Zealand in 2nd ODI to win another home series
Kusal Mendis hit a patient 74 not out as Sri Lanka beat New Zealand by three wickets under the DLS method with six balls remaining in the rain-hit second ODI. Sri Lanka took an unassailable 2-0 lead in the three-match series with the final game also at Pallekele on Tuesday. Sri Lanka won the first one-day international by 45 runs — also by DLS — after rain disrupted that game at Dambulla. It was Sri Lanka's fifth ODI series win at home in 2024 after it had beaten Zimbabwe, Afghanistan, India and West Indies. Sri Lanka couldn't qualify for next year's Champions Trophy after finishing ninth at last year's 50-over World Cup in India, but has since then lost just one ODI series in Bangladesh while winning five at home. «It is really tough for batters to score runs here,» Sri Lanka captain Charith Asalanka said. «This is just another series. As a team, we are moving towards a big goal and we have to achieve that, this is a process.»
18.11 / 04:49
markets UPS Fallout Freedom performer cricket IPL auction 2025: Will KL Rahul return home to Bengaluru after fallout with LSG
KL Rahul was seen engaging in heated conversation with Lucknow Super Giants' owner, uncertainty loomed over his future as the team's captain. With announcement of his release during annual retention activity, KL Rahul now remains on hotlist of several franchises as demand for skippers and wicketkeepers persists. A versatile batter for India across all formats. the Bengaluru boy can open, bat in middle-order, anchor and accelerate. A highly-capable wicketkeeper-batter as well. He is India's fourth-highest run-getter in T20Is, scoring 2,265 runs in 72 matches at an average of 37.75, striking at almost 140 with two centuries and 22 fifties to his name.
18.11 / 04:49
markets Fighting Strategy Sustainability wellness rights America got the world driving. Now it’s going home
Carl Benz might have invented the automobile, but it’s the United States that got us to drive them. The relentless export of American cars and car culture put the world on the road in the 20th century. By the 1960s, Ford Motor Co. had plants in almost every major European country, as well as Argentina, Brazil, Egypt, India, Israel, Peru, Pakistan, South Africa, Turkey, and Zimbabwe. Right now, it’s passing that baton to China with barely a fight. The US car industry that emerges will be smaller, less influential — and, eventually, less profitable and financially sustainable.
18.11 / 04:49
Art Entertainment Analysis Research Trade Experts Commentary Sensex falls! These stocks are down 5% or more on BSE
On the BSE, AIK Pipes & Polymers(down 20.00 per cent), Honasa Consumer(down 20.00 per cent), Ascensive Educare(down 20.00 per cent), Unitech Intnl(down 19.77 per cent) and Looks Health Services(down 19.66 per cent) were among the stocks that plunged over 5 per cent during the session.
18.11 / 04:49
markets COST Progressive Action economy country COP29 week one ends in deadlock as divisions stall climate action progress
COP29 summit concluded in Baku without significant breakthroughs, as deep divisions between developed and developing nations stalled progress on key issues like climate finance, trade measures, and equitable responsibility for climate action. India, representing the G-77/China and BASIC blocs, demanded accountability from wealthier countries on unmet financial commitments. The G-77/China bloc reiterated the call for $1.3 trillion annually in climate finance, with an emphasis on grants and concessional funding to avoid burdening vulnerable economies already grappling with the impacts of climate change. «Loans make up nearly 70 per cent of climate finance provided so far. This is unacceptable and places undue pressure on developing economies,» an Indian negotiator had asserted, urging developed nations to move away from debt-inducing mechanisms.
18.11 / 04:27
markets Provident Strategy Analysis trends Trade Experts Rs 50 lakh crore gone in bull market disaster! Time for FIIs to come back?
FII selling that has wiped off nearly Rs 50 lakh crore from the Indian stock market ever since the bull market ended less than two months ago is now giving early signs of a U-turn before the Santa rally season begins in December-end. The pace of sell-off decreased to just about Rs 2,500 crore in the second week of the month after the first week saw foreigners decamping with nearly Rs 20,000 crore.
18.11 / 04:27
markets Provident Reuters Manufacturing Apple Interviews Investigations Foxconn tells India recruiters: Nix marital status in iPhone job ads
Foxconn has ordered the hiring agents that help recruit iPhone assembly workers in India to remove age, gender and marital criteria as well as the manufacturer's name in job advertisements, according to three people familiar with the matter and almost a dozen ads reviewed by Reuters. The moves follow a Reuters investigation published June 25, which found that Foxconn excluded married women from jobs at its main India iPhone assembly plant, though it relaxed the practice during high-production periods. Foxconn, which employs thousands of women at the iPhone factory at Sriperumbudur, near Chennai, outsources recruitment of assembly-line workers to third-party vendors. These agents scout for and screen candidates, who ultimately are interviewed and selected by Foxconn.
18.11 / 04:27
markets COST UPS Cooper Trade country IMEEC is a vision of growth and cooperation that opens up endless possibilities for industries & technology: Italian senator
IMEEC represents a breakthrough in India-Europe trade relations, creating an efficient, streamlined corridor that enhances speed, reduces costs, and increases trade reliability. This project is more than infrastructure; it’s a vision of growth and cooperation that opens up endless possibilities for industries, technology, and innovation between the two continents, connecting the Indo-Pacific and the Mediterranean area, Marco Dreosto is a Senator of the Italian Republic and secretary of the Permanent Commission for Defence and Foreign affairs told ET’s Dipanjan Roy Chaudhury ahead of proposed meeting between the PMs of India and Italy on G20 Summit sidelines. 1. What are prospects of India-Italian partnership in IMEC Historically, Italy and India have been connected for thousands of years; we share an ancient trade heritage that dates back to the Roman Empire, proven by Roman coins discovered in Indian lands. Today, we have the chance to revive and strengthen these bonds through IMEC. The Italian government has repeatedly underscored the strategic importance of this corridor, seeing it as a project that can redefine global trade routes. This isn’t just a trade route; it’s a chance to deepen a partnership rooted in shared history and geared toward a prosperous future.
18.11 / 04:27
markets SUN Experts Freedom Exponent performer recommendations Best flexi cap mutual funds to invest in November 2024
mutual funds. Flexi cap mutual funds offer the fund managers the freedom to invest across market capitalisations and sectors/themes. It means the fund managers can invest anywhere based on his outlook on the market. Flexi cap schemes are typically recommended to moderate investors to create wealth over a long period of time. Ideally, one should invest in these schemes with an investment horizon of five to seven years. As said earlier, these schemes have the freedom to invest anywhere depending on the view of the fund manager. For example, he or she might invest more in large cap stocks. Or in a bull market she might invest more in mid cap or small cap stocks. Investors should be extremely careful about this aspect. Investors should make sure that they are choosing a scheme that is in line with their risk appetite. For example, some flexi cap schemes may be more conservative than others. It is for you to identify the one that suits your temperament.
18.11 / 04:27
markets COST Digital Strategy awards PAM International Telangana govt sanctions Rs 205 cr for Warangal Airport after GMR issues no objection certificate
Telangana government has issued orders sanctioning Rs 205 crore for acquiring over 280 acres of land for the development of Mamnoor Airport at Warangal, after GMR Group which manages Hyderabad Airport issued «No Objection» certificate for operation of the aerodrome. According to the GO issued on Sunday, the Airports Authority of India (AAI) in July 2022, informed the state government that it is ready to develop Warangal Airport for A-320 type of aircraft for IFR (instrument flight rules) operations and is ready to bear the infrastructure cost, operational and maintenance of the proposed airport. A master plan has been prepared for the operation of A-320 type of aircraft for which an additional land measuring 253 acres is required from the state government of Telangana, free of cost and free from all encumbrances. The AAI also wanted the state government to take up the proposal and expedite handing over of the required land to the airports body and no objection certificate from Hyderabad International Airport Ltd.
18.11 / 03:25
Action Netflix film shooting actress Dhanush vs. Nayanthara feud intensifies: Actor’s lawyer threatens ‘Jawaan’ actress with legal action if her documentary is not removed
Naanum Rowdy Dhaan’, which was produced by Dhanush. While many Tamil actresses have rallied behind the ‘Jawan’ actress, Dhanush was yet to respond. However, recently the actor’s legal representative issued a statement. The statement issued by Dhanush's advocate read, «My client is the producer of the film, and they know where they have spent each penny for the production of the film, and your client has stated that my client has not commissioned any person to shoot the behind-the-scenes footage, and the said statement is baseless, and your client is put to strict proof of the same.» Dhanush’s legal representative clarified that his client found the opposing party’s argument ambiguous, as it claimed ownership of the BTS footage by the individual who filmed it. The lawyer emphasized that, as the film's producer, Dhanush holds the rightful ownership of the clip.
18.11 / 03:17
markets Target Cooper Action economy Food Actor Economic growth shouldn’t have to suffer for want of a market solution
Subscribe to enjoy similar stories. There is an old ditty that India’s struggle with inflation brings to mind: For want of a nail the shoe was lost / For want of a shoe the horse was lost / For want of a horse the rider was lost / For want of a rider the message was lost / For want of a message the battle was lost / For want of a battle the kingdom was lost / And all for the want of a horseshoe nail. It illuminates the country’s plight, with its central bank constrained by high inflation from easing interest rates in response to signs of a slowing economy. Inflation is high because vegetable prices are high, onion and tomatoes leading the charge.
18.11 / 02:19
markets IPO Platform Strategy Analysis Trade Experts Neelam Linens IPO shares to debut on NSE SME platform today. Here's what GMP signal
Neelam Linens and Garments will debut on the NSE SME platform today. Ahead of the listing, the company's shares traded with a GMP of Rs 14. Considering the upper price band of Rs 24, the stock is expected to list with gains of 54% premium over the issue price.
18.11 / 02:19
markets security Analysis Research trends Trade reports F&O Ban List: GNFC, Hindustan Copper among 5 stocks under trade ban on Monday
Aarti Industries, Aditya Birla Fashion and Retail (ABFRL), Gujarat Narmada Valley Fertilizers & Chemicals (GNFC), Granules India and Hindustan Copper. The Future & Options contracts of any stock enter the ban period when the open interest (OI) on it crosses 95% of the market wide positions limits or MWPL. The ban on it is reversed only if the open interest falls below 80%.
18.11 / 02:19
markets Google Action security Strategy Experts Department Delhi continues to choke as air quality remains 'severe plus'; AQI climbs to 762 in some areas
The air quality index climbed to 762 in some parts of Delhi such as Jahangirpuri, according to aqicn.org. New Delhi grapples with smog, a toxic blend of smoke and fog, each winter as cold air traps dust, emissions and smoke from illegal farm fires.
18.11 / 01:15
markets Manufacturing Strategy economy Research Trade Experts Trump administration With the Trump administration for next four years, should Indian investors rethink their strategies?
Volatility, stronger dollar Trump 2.0 is largely expected to play out in a similar vein as his previous stint at the helm. The US is likely to break away from traditional ways of governance and policy-making, charting a different path than the rest of the world. Vinit Bolinjkar, Head of Research at Ventura Securities, points out, “Trump’s administration has previously shown a willingness to shake up existing norms. So we might see economic indicators like inflation and interest rates in the US diverge more sharply from global trends.” This divergent path will clearly bring elevated uncertainty to global financial markets. Prashant Tandon, Executive Director, Investment Advisory, Waterfield Advisors, insists, “The Trump sweep will ensure that macro volatility will remain elevated in the foreseeable future.”
18.11 / 01:15
markets Digital Booking Strategy Experts track This real estate stock gave 42.5% returns in the past year; know why analysts are bullish on this stock
The company is the largest residential real estate developer by booking value in 2023-24 and its portfolio includes residential development, plotted development, and mixed-use and township developments. The management is confident of high growth because of the strong brand, pan-India presence, demonstrated track record and robust marketing. It is seeing strong demand momentum across markets (NCR, Bengaluru and MMR) leading to a jump of 68% and 126% year-on-year in the collections and operating cash flows in the September quarter.
18.11 / 01:15
markets COST Digital Manufacturing Strategy Experts reports Stocks to buy: Consider stocks with healthy return ratios; 5 stocks with up to 39.3% upside potential
Substantial FPI outflows, weak September quarter results, and high valuations have driven the recent market correction. A JM Financial report highlights slowing urban demand across FMCG, retail, auto and mall sectors, based on the September quarter earnings from 157 companies. Demand moderation is seen in chemicals and consumer durables, while the financial sector shows stress in unsecured portfolios of MFIs, certain private banks and NBFCs. The beat-to-miss ratio has been adverse so far, with 150 companies out of 268, or 56%, reporting earnings that are less than the estimates compiled (for more than two analysts) by Reuters-Refinitiv. Experts expect volatility to persist, but remain optimistic about long-term growth. Higher government spending and festive season consumption are expected to boost India Inc.’s earnings in the second half of 2024-25.
18.11 / 00:59
markets Digital Manufacturing security Strategy country IT minister Kharge calls for level-playing field in semiconductor investments
The minister has often expressed his frustration and accused the Centre of using political influence to divert semiconductor investments away from Karnataka. «I'm not saying that other ecosystems don't deserve support, but who deserves it the most? It's not just about Karnataka; it's about the nation becoming a manufacturing hub. It's about India becoming an economic superpower and leading in technologies.» Kharge also said that it's disheartening that states like Karnataka, Tamil Nadu, and to some extent, even Maharashtra, are getting the raw deal.
18.11 / 00:59
markets Digital Aware Manufacturing Strategy Apple electronic Tata Electronics seals deal for 60% stake in Pegatron Tamil Nadu iPhone plant
Tata Electronics is signing a deal to own a majority stake in Taiwanese contract manufacturer Pegatron's plant in Tamil Nadu, people familiar with the development said, underlining its move to increase its capacity of assembling iPhones. The deal is likely to lead Tata Electronics having a 60% stake with Pegatron holding the balance in the JV to run the iPhone production facility. Industry executives said the Tata Group company could pay $150-200 million for the stake. The people said, with the joint capacities of both the Wistron and the Pegatron facilities, along with the expansion Tata is undertaking at its Hosur facility, the company's capacity may increase to be at par or almost at par with that of Taiwan's Foxconn, which currently makes the most number of iPhones in India.

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