India Financial News
11.11 / 07:45
markets
Digital
Strategy
President
Justice
PAM
social
Will serve judiciary with distinction: Kharge wishes Justice Khanna on being sworn-in as CJI
Justice Sanjiv Khanna after he was sworn-in as the 51st Chief Justice of India, and noted that the position would place a lot of weight on his shoulders due to the extensive scrutiny and expectations that the office brings with it. Kharge exuded confidence that Khanna would be able to bear the weight of this responsibility and serve the Judiciary with distinction. In a post on X, the Congress chief said, «Extending best wishes to Justice Sanjiv Khanna for taking oath as the 51st Chief Justice of India. The position of the Chief Justice of India would undoubtedly place a lot of weight on his shoulders due to the extensive scrutiny and expectations that the office brings with it.» «I am sure with his long and distinguished experience, he will be able to bear the weight of this responsibility and serve the Judiciary with distinction,» Kharge said.
11.11 / 07:45
markets
Digital
Entertainment
country
stars
International
Sporting
Disney Star's distribution head Gurjeev Kapoor leaves before Reliance-Star India merger: Sources
Gurjeev Kapoor, Head of Distribution and International Markets at Disney Star, has likely decided to leave the company to pursue entrepreneurial ambitions in the entertainment sector. Kapoor's departure comes as the $8.5 billion merger between Reliance and Disney’s Indian assets nears finalization, sources close to the development informed ET Online. «Gurjeev Kapoor has chosen not to accept a role in the Viacom18/Disney Star joint venture, opting instead to pursue an entrepreneurial career in the entertainment space,» sources told ET Online. Mukesh Ambani-owned Reliance had in February this year signed a binding agreement with Disney to merge the media operations in India, the world's most populous country with diverse demography that consumes high volume of media content.
11.11 / 06:49
markets
Election
Trade
country
Index options trading swells to record high in Oct amid heightened uncertainty
Subscribe to enjoy similar stories. MUMBAI : Index options trading on the National Stock Exchange (NSE), the country's largest stock exchange, hit a record high based on the number of contracts traded in October, which saw a 6% pullback in the bellwether Nifty amid tepid earnings growth, rising tensions in the Middle East, and uncertainty over the US presidential elections.
11.11 / 05:27
markets
UPS
Strategy
Food
Trade
Updates
Stock market update: FMCG stocks down as market rises
Future Consumer Ltd.(up 4.17%), Britannia Industries Ltd.(up 2.06%), Parag Milk Foods Ltd.(up 1.60%), Emami Ltd.(up 1.21%), Nakoda Group Of Industries Ltd.(up 1.06%), Patanjali Foods Ltd.(up 0.62%), ADF Foods Ltd.(up 0.30%), Sheetal Cool Products Ltd.(up 0.22%), Hindustan Unilever Ltd.(up 0.10%) and Hindustan Foods Ltd.(up 0.08%) were among the top gainers.
11.11 / 05:25
markets
Strategy
Research
performer
reports
rights
diving
Active versus passive investing: What Buffett thinks and why it matters for you
Warren Buffett’s most famous advice is to buy companies with strong moats when they’re available at reasonable valuations. But do you know his second most famous piece of advice? Buy a low-cost index fund.
11.11 / 04:23
UPS
WhatsApp
stars
testing
Jasprit Bumrah will lead India against Australia if...: Gambhir clears air on captaincy
Border-Gavaskar Trophy nears, head coach Gautam Gambhir on Monday cleared air on India's captaincy concerns for the first Test against Australia in Perth. India's star pacer Jasprit Bumrah will lead the Indian team if Rohit Sharma is unavailable for the series opener, which is on November 22, Gambhir said. The skipper himself had recently admitted that he was «not sure» of his participation due to his family commitments.
11.11 / 04:23
markets
Analysis
Sustainability
Trade
Experts
blues
Monday blues! Sensex, Nifty decline for 3rd straight session tracking weak earnings
Sensex and Nifty50, opened lower for the third consecutive session on Monday, as concerns over weak earnings and continued foreign outflows weighed on domestic equities. At 9:35 am, the BSE Sensex was down 34.20 points, or 0.04%, at 79,452, while the Nifty50 lost 8.80 points, or 0.04%, trading at 24,139.40.
11.11 / 04:23
markets
Analysis
Sustainability
Trade
Experts
2020
reports
India Inc earnings downgrades worst since 2020. Are we staring at a bear market?
Global brokerage firm Jefferies has cut FY25 earnings estimates for 63% of 121 companies, its highest downgrade ratio since early 2020. Earnings cut by Jefferies analysts imply a 2.2-2.5% cut in Nifty earnings estimates during the ongoing results season.
11.11 / 03:43
COST
Dash
Aviat
Airlines
wellness
Courts
Jet Airways’ liquidation wasn’t the ideal way out of insolvency
Subscribe to enjoy similar stories. The Supreme Court (SC) last week finally brought down the guillotine on Jet Airways, thereby putting a hard stop to a painfully prolonged insolvency resolution process that had kept the ailing airline on artificial respiratory support. Jet Airways was a child of economic liberalization in the early-90s that had opened India’s aviation skies to private operators.
11.11 / 03:43
Provident
performer
stars
reports
testing
Department
Sporting
Gautam Gambhir Press Conference LIVE: India coach to soon address media prior to leaving for Australia
Gautam Gambhir Press Conference LIVE: India head coach Gautam Gambhir will address the media before departing to Australia for the Border Gavaskar Trophy 2024. Gambhirt is likley to be grilled by the media for team India's performance in the recently concluded 3 match Test series against New Zealand.
11.11 / 03:43
markets
FIVE
Strategy
Remark
Enterprise
country
innovations
India among top 5 markets for WPP globally, will be among top 3 in coming years, says country head
Subscribe to enjoy similar stories. Mumbai: India has cemented its position as one of the top five markets for WPP, one of the world’s largest advertising and marketing services networks, marking a remarkable rise from being outside the top 10 just a few years ago. With agencies like GroupM, Mindshare, Ogilvy, Wunderman Thompson, and Grey under its umbrella, WPP credits India’s rapid economic growth and pivotal role in its global transformation for this leap.
11.11 / 03:43
markets
Nov
trends
Trade
performer
information
Updates
Nifty 50 Share Price Live Updates: Nifty 50 Price Live blog for 11 Nov 2024
Disclaimer: This is an AI-generated live blog and has not been edited by LiveMint staff.Nifty 50 Share Price Today Live Updates: At current prices Nifty 50, faces the below Resistance and Support levels The Nifty 50 closed at 24,199.35, reflecting the market's performance on that day. This figure represents the index's value, which is calculated based on the weighted average of 50 of the largest and most actively traded stocks listed on the National Stock Exchange of India.
11.11 / 01:51
markets
UPS
IPO
Manufacturing
trends
show
performer
The best and worst IPOs of 2024. And next year’s big 3.
Subscribe to enjoy similar stories. At every dinner party, celebration, and family get-together this year, there was at least one person boasting how much they earned on an IPO listing day. Indeed, IPOs are hot right now.
11.11 / 01:11
markets
Platform
Entertainment
Inside
concert
International
Warner Music India enters live entertainment with investment in SkillBox
Subscribe to enjoy similar stories. Mumbai: Warner Music India, part of global entertainment powerhouse Warner Music Group, has made a strategic minority investment in SkillBox, the country’s third-largest ticketing and live entertainment company after BookMyShow and Insider. This move marks Warner Music India’s entry into live entertainment business, strengthening its portfolio and expanding opportunities for its artiste roster.
11.11 / 01:01
markets
Digital
Manufacturing
CEO
Gap
economy
Experts
IISc, TalentSprint to offer space-tech certificate programme
Space Manufacturing and Tech, Satellite and Navigation Systems, Propulsion, and Mission Design. Space startups have also said that they are willing to pay a premium for individuals with the right skill set. TalentSprint's founder, CEO and MD Santanu Paul told ET that the company has consistently anticipated market trends, as seen with AI and fintech when those industries were in their early stages, by launching various executive courses. «This is an attempt to create the talent pool and ‘expertise building’ for the space economy in India,» he said. «If India aims to become a 100 billion USD space economy by 2040, I believe that a 100 billion USD industry will naturally support at least a billion dollars' worth of education.»
11.11 / 01:01
markets
Digital
Booking
Sustainability
Experts
PAM
rights
To AI or not to AI, that’s the question for academic book publishers here
content licensing deals with Gen AI companies gain traction, academic book publishers find themselves in a dilemma: ‘Are we be making a deal with the devil?’ While licensing might seem like fair compensation for using authored material to train AI models, experts suggest, this may not be a permanent solution. Once trained, these models can generate new content autonomously, thereby making it difficult to establish the rights of authorship. The Indian Reprographic Rights Organization (IRRO) which represents 113 global and Indian publishing houses like Pearson, Oxford, S. Chand etc. said, it is cautious of these factors as AI companies are approaching the body for content outsourcing rights.
11.11 / 01:01
markets
security
Analysis
Research
trends
Trade
Experts
Nifty weak, but sharp fall unlikely: Technical Analysts
market, but the Nifty may not fall sharply in the absence of major market-moving events. Stocks like Infosys, HCL Technologies, Bank of Baroda, Axis Bank, Federal Bank, Mphasis, LTI Mindtree, M&M, Tata Motors, Sobha, Syngene, and JB Chemicals have formed bullish patterns on the charts, they added. NAGARAJ SHETTI TECHNICAL RESEARCH ANALYST, HDFC SECURITIES
11.11 / 01:01
markets
FIVE
Strategy
Analysis
Trade
Experts
FPI selloff in equities slows in Nov, so does buying by domestic funds
foreign portfolio investors' (FPIs) outflows from the Indian equity market tapered in the first week of November and so did the buying by domestic funds. It followed an unusually busy October which recorded an unprecedented selling by FPIs and equally strong buying by local funds. In the first five trading sessions of November, FPIs sold equities worth ₹19,993.7 crore ($2,374.6 million) net according to the data from NSDL. This compares with a massive selling of ₹44,914 crore ($5,352.1 million) in the first five sessions of the previous month, forming nearly half of the total selling worth ₹94,017 crore ($11,195.4 million) for the whole month.
11.11 / 00:23
UPS
Yellow
show
reports
guidelines
rights
International
Gold loans glitter on personal loan crackdown, soaring prices
Subscribe to enjoy similar stories. The regulatory clampdown on unsecured personal loans has given a fillip to loans against the yellow metal, with gold loans soaring in the last few months. Rising gold prices on the back of escalating global conflict and uncertainty have also aided demand for gold loans, as customers reassess the value of their collateral and seek more credit against it.
11.11 / 00:23
UPS
Trade
Divinity
fun
information
Investigations
The worrying rise of fraudsters on the prowl online
Subscribe to enjoy similar stories. Do you remember D. K.
11.11 / 00:23
COST
UPS
Target
MET
Manufacturing
Mobile
Electric 3-wheeler subsidies for FY25 halt as sales hit cap
Subscribe to enjoy similar stories. New Delhi: The removal of a central government subsidy will likely make popular electric three-wheelers dearer for the rest of this fiscal, potentially disrupting their sales from manufacturers such as Bajaj Auto, Mahindra Last Mile Mobility and Piaggio, among others. The annual cap for number of subsidised e-three wheelers under the PM E-Drive scheme has almost been reached for this fiscal, and the Centre has decided not to extend the subsidies beyond the cap for FY25.
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