India Financial News
13.11 / 09:41
Cooper
security
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Relationships
International
India, Saudi Arabia share robust, solid partnership: Saudi Foreign Minister
Faisal bin Farhan Al Saud in the national capital. The two leaders held deliberations during the second meeting of the Political, Security, Social and Cultural Committee of the India-Saudi Arabia Strategic Partnership Council (SPC). «Delighted to co-chair along with FM @FaisalbinFarhan of Saudi Arabia the 2nd Meeting of the Committee on Political, Security, Social and Cultural Cooperation #PSSC under our Strategic Partnership Council in Delhi today. Held productive discussions on our multi-faceted bilateral ties including defence partnership, security cooperation, trade & investment, culture, tourism & youth exchanges and our people to people connections. We also exchanged views on regional and international issues, especially the ongoing conflict in West Asia and our joint efforts in various multilateral fora,» Jaishankar said in a post on X.
13.11 / 09:41
markets
UPS
Citizens
economy
Election
country
Arun Maira: The Washington Consensus has collapsed and it won’t be mourned
Subscribe to enjoy similar stories. The US won the Cold War when the Soviet Union fell in 1991. The history of ideological conflict also ended, according to the American political scientist Francis Fukuyama.
13.11 / 08:53
markets
Art
Analysis
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Headlines
Nifty down 10% from peak, Sensex weaker by 8,000 points in less than 2 months. Bear market next?
Dalal Street as Nifty is now 10% from its 52-week high of 26,277 while Sensex has lost over 8,000 points from its peak. While the headline indices will be treated in bear grip if they fall below 20% from the peak, retail investor portfolios are already reflecting signs of a bear market as more than 900 stocks above Rs 1,000 crore market capitalisation are down at least 20% from their 52-week high levels.
13.11 / 08:53
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Reuters
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India's April-October finished steel imports at seven-year high
India, the world's second-biggest crude steel producer, had turned a net importer during 2023/24 and the trend has continued during April-October, the data showed. During April-September, China was the lead exporter of finished steel to India and this is widely expected to be the case during April-October. Details will be known later in the month.
13.11 / 08:31
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Analysis
wellness
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Tube Investments shares 2.16% as Sensex falls
Tube Investments of India Ltd. traded 2.16 per cent in Wednesday's session at 01:37PM (IST). The stock opened at Rs 3562.10 and has touched an intraday high and low of Rs 3580.70 and Rs 3470.00, respectively, during the session so far. The stock quoted a 52-week high of Rs 4807.05 and a 52-week low of 3130.50. About 10,611 shares changed hands on the counter so far.
13.11 / 08:31
markets
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Digital
Strategy
Adventure
Experts
Rahul Gandhi takes zipline challenge in Wayanad, promotes tourism amid by-poll campaign
Rahul Gandhi took a break from campaigning for the Wayanad by-election on Tuesday to explore the region and promote its tourism potential. The LoP in the Lok Sabha posted a video of himself trying out Kerala’s longest zipline in Wayanad’s scenic hill district, donning an “I love Wayanad” T-shirt. During the visit, he also jokingly challenged his sister, Priyanka Gandhi, to join him on the zipline in her saree. The region, which has suffered from a decline in tourism following devastating landslides in July, has been struggling with economic hardships, particularly for locals in the tourism and hospitality sectors. However, Gandhi praised the resilience of the people, noting that despite the challenges, they’ve worked hard to create new attractions, such as South India’s largest giant swing and a thrilling drop tower.
13.11 / 08:31
Aviat
Election
Food
HANS
shock
politician
Is it safe? Meet Captain Savita Singh who’s shattering stereotypes as ministers make promises to ladkis & bahins
Captain Savita Singh, likely India’s only woman helicopter pilot engaged in election campaign flying, has been at the controls, landing in places like Shegaon, Parli, Dharni, and Khamgaon, where politicians deliver speeches centered on government schemes like the Ladki Bahin program, aimed at empowering women. “Yes, there is a definite element of surprise, even shock, when the crowds see a woman pilot step out of the cockpit,” Capt. Singh, a 51-year-old former Indian Air Force (IAF) pilot who now serves as a pilot-in-command on an Agusta 109P, told ToI. With 17 years of civil aviation experience under her belt—first with Pawan Hans and now as a charter operator—Singh is no stranger to navigating the demanding world of political campaign flights. Having logged over 7,000 hours in the skies, she recounts the reactions of her high-profile passengers when they see her in the cockpit. Often, she says, politicians respond with surprise, even bemusement.
13.11 / 08:31
Booking
Infinity
band
show
concert
Updates
Coldplay announces another concert in India: Check ticket prices and venue
Music of The Spheres World Tour. The new concert is set to take place at Ahmedabad's Narendra Modi Stadium on January 25, 2025. Tickets for the Ahmedabad concert will be available on BookMyShow starting November 16 at 12 PM. The X handle of the band broke the news with the post, “2025 AHMEDABAD DATE ANNOUNCED. The band will play their biggest-ever show, at the Narendra Modi Stadium in Ahmedabad on 25 January 2025. Tickets on sale Saturday, 16 November at 12 pm IST…” This tour marks Coldplay’s return to India since their last visit in 2016. While ticket prices for the Ahmedabad concert haven’t been released, pricing for the band’s 2025 Mumbai concerts ranged from Rs 2,500 to Rs 35,000, with VIP lounge tickets at Rs 35,000. The following options were offered for the Mumbai shows:
13.11 / 08:31
markets
IPO
Digital
Strategy
Food
Experts
social
Couldn't have asked for a better company to serve India with: Deepinder Goyal on Swiggy listing
Zomato chief executive officer Deepinder Goyal took to social media to congratulate rival food delivery platform Swiggy on its stock market debut on Wednesday. The Sriharsha Majety-led company listed on the bourses with an 8% premium over its IPO price. «Congratulations @swiggy! Couldn't have asked for a better company to serve India with,» his post on X read. This came after the official handle of Zomato posted an illustration of the BSE, showcasing the listing of Swiggy.
13.11 / 08:31
markets
Digital
Strategy
Bill
Experts
BABA
country
This is democracy and our country runs on Constitution, not invisible forces: NCP-SP MP Supriya Sule
Speaking to ANI, Sule said «Joint Parliamentary Committee is a huge thing. Are they going to end that too? This is a democracy and the country runs on a Constitution, not on any invisible force.» Shah had said that Maha Vikas Aghadi (MVA) is against the changes, but the bill to amend the law regarding the Waqf board will soon be passed in the Parliament.
13.11 / 07:55
markets
Align
Actor
Celebrity
audience
exclusive
Features
When Michael Kors and Anushka Sharma co-designed a watch
Subscribe to enjoy similar stories. Michael Kors recently collaborated with actor Anushka Sharma to launch an exclusive limited-edition timepiece. This is the first time an Indian female celebrity has co-designed a watch with a global fashion and accessories brand.
13.11 / 07:29
markets
IPO
Citizens
CEO
Death
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20X in 20 years: How Ratan Tata helped Indian retail investors make this return from a Tata company shares
TCS shares and got allotted have seen their wealth become 20 times in 20 years, if they have held on to the shares. And they have to thank former Tata group chief Ratan Tata for that. TCS had issued shares at Rs 850 to investors in its IPO in 2004. And since then, it has issued 1:1 bonus shares twice: First time in 2009 and later in 2018. So if an investor got 1 share allotted in TCS IPO, he holds 4 shares after two bonus issuance. Currently, TCS shares are trading around Rs 4200 in Mumbai market, making investors 20 times wealthier in 20 years. After the death of Ratan Tata last month, former TCS CEO S. Ramadorai, who was at the helm when the company went public, shared how Ratan Tata made the wealth creation possible for Indian retail investors. Ratan Tata had served as the chairman of Tata Group from 1991 to 2012 and later in interim interim chairman from October 2016 to February 2017. Speaking to Rediff.com, Ramadorai highlighted Ratan Tata’s vision during the landmark TCS listing in 2004, emphasizing Tata's commitment to empowering retail investors across India. While many suggested international listing, Tata insisted on listing TCS exclusively within India. His focus was on ensuring that small investors, regardless of how many shares they could afford had access to TCS’s growth potential. Tata believed in setting a share price that would allow for future appreciation, rather than pricing so high that it left investors with limited gains, the former TCS CEO said.
13.11 / 07:29
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Commentary
Share price of GAIL as Sensex drops 537.9 points
GAIL (India) Ltd. 1.85 per cent to Rs 190.45 at 12:41PM (IST) in Wednesday's trade. The scrip has hit a high of Rs 194.70 and low of Rs 189.85 so far during the session. The stock had closed at Rs 194.05 in the previous session. The counter has had a total traded volume of 315400 shares so far with a value of Rs 6.04 crore on the NSE. It traded at a price-to-earnings multiple of 10.88 and a price-to-book ratio of 1.55.
13.11 / 07:29
markets
Digital
Strategy
PAM
testing
cricket
Get away from cricket...: Bret Lee's advice to Rohit, Kohli amid lean patch ahead of Border Gavaskar Trophy
Border Gavaskar Trophy. So far this year, both Kohli and Rohit have struggled to find their best form, attracting scrutiny following India's recent 0-3 series loss against New Zealand. Rohit has accumulated 588 runs from 11 matches this year, averaging 29.40 with two centuries and two fifties. Meanwhile, Kohli has managed just 250 runs from six matches (12 innings), averaging 22.72 with just one half-century.
13.11 / 07:11
markets
Waves
Analysis
Trade
show
testing
International
Two port stocks stand out on the charts. Is Adani Ports one of them?
Subscribe to enjoy similar stories. MUMBAI : India’s port sector is on the rise, and it’s a story worth paying attention to. With over 7,500 kilometres of coastline and over 200 ports, India is becoming a maritime powerhouse.
13.11 / 07:11
markets
UPS
Target
Strategy
Trade
reports
Shree Cement exposed to downside risks as it shifts strategy
Subscribe to enjoy similar stories. The entire cement industry is chasing volumes, but Shree Cement Ltd is going against the tide. Its strategy of prioritizing value over volumes in a seasonally weak September quarter (Q2FY25) has helped contain the drop in realizations.
13.11 / 07:11
Cooper
Aviat
Airlines
security
hospital
information
Investigations
EU's data privacy laws stymie India's investigation into airline bomb hoax calls
Subscribe to enjoy similar stories. New Delhi: India’s hunt for the perpetrators of multiple bombing threats that significantly disrupted the domestic aviation and hospitality sectors has hit a roadblock in Europe, where most of the hoax calls are said to have been made through virtual private networks.
13.11 / 07:11
markets
COST
MET
PINK
country
innovations
rights
Why handmade is the new luxury
Subscribe to enjoy similar stories. I am writing while sipping a shot of mezcal from a tiny metal tumbler handpainted by Kashmiri artisans on enamel. The little cup has a deep indigo background with a bright pink dahlia painted on it.
13.11 / 07:11
UPS
Provident
Research
Harmonic
reports
strain
Relationships
Statistical reform has begun: How far will it go?
Subscribe to enjoy similar stories. After long years of stasis, there seems to be a flurry of activity at the Union ministry of statistics and programme implementation (Mospi). Long-delayed surveys have been released.
13.11 / 07:01
markets
Provident
Digital
Manufacturing
Sustainability
Schools
International
Get monthly allowance of Rs 5,000 under PM Internship Scheme (PMIS): What is the last date to enroll, how to apply
PM Internship Scheme offers a chance to learn and improve skills while working with top firms in India. Internships provide valuable knowledge, practical experience, and professional networks, but do not guarantee employment.
13.11 / 07:01
markets
UPS
security
Analysis
Trade
Experts
reports
Indian Hotels share price 1.56 per cent
Indian Hotels Company Ltd. traded 1.56 per cent up at Rs 718.50 at around 12:10PM (IST) on Wednesday. The stock had closed at Rs 729.90 in the previous session. Equity benchmark Sensex traded 546.44 points at 78128.74 around the same time.
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