India Financial News
07.11 / 03:33
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Stocks to buy today: L&T, Wipro among top 6 trading ideas for November 7, 2024
The India VIX dropped by 7.78%, closing at 14.87 on Wednesday, signaling reduced market volatility and potentially increased investor confidence.
07.11 / 03:33
Provident
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Indian consulate in Canada's Toronto cancels consular camps due to security concerns
Consulate General of India in Canada's Toronto has decided to cancel some of the scheduled consular camps in view of the security agencies conveying their inability to provide minimum security protection to the community camp organizers.
07.11 / 02:03
07.11 / 01:53
FIVE
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Mint Quick Edit | US polls have expanded the Samosa Caucus. That’s good.
Subscribe to enjoy similar stories. As US election results unfolded heavily in Donald Trump’s favour, a separate count was underway: of Indian-Americans elected to the House of Representatives.
07.11 / 00:37
07.11 / 00:37
07.11 / 00:37
07.11 / 00:37
markets
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Govt weighing dedicated grid, nuclear power for data centres
government is exploring the feasibility of providing dedicated, uninterrupted power to large data centre parks either through direct lines from power producers or by setting up small nuclear plants nearby, officials told ET.
07.11 / 00:37
07.11 / 00:37
markets
IPO
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SaaS provider Capillary Technologies revives IPO plan
Capillary Technologies, which provides customer engagement and loyalty software services to companies, is reviving plans for its initial public offering after having shelved its previous attempt in 2021, people aware of the matter said.
07.11 / 00:37
markets
Citi
Digital
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PAM
Backpacker hostel chain The Hosteller raises Rs 48 crore in round led by V3 Ventures
The Hosteller, a backpacker hostel chain, has raised Rs 48 crore in a funding round led by V3 Ventures in a mix of equity and debt. This includes a debt of Rs 16 crore from the venture debt platform Blacksoil.
07.11 / 00:33
markets
IPO
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Is Niva Bupa’s IPO the right prescription for growth?
Subscribe to enjoy similar stories. Niva Bupa Health Insurance is poised to debut in the public market with its upcoming ₹2,200 crore initial public offering (IPO). The price band for the issue has been set between ₹70 and ₹74 per share.
07.11 / 00:33
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Kotak PE to tap domestic investors for new lifesciences fund
Subscribe to enjoy similar stories. Mumbai: Kotak Mahindra's private equity is looking to tap domestic institutional investors (DIIs) for the first time since it launched the alternatives arm two decades ago, a senior company official said. The firm that has so far raised capital only from global investors is again looking at raising a lifesciences fund, this time from local investors.
07.11 / 00:33
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Waves
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Post-monsoon triggers: Three cement stocks to add to your watchlist
Subscribe to enjoy similar stories. MUMBAI : As the monsoon clouds recede, India’s cement industry is set for a season of rapid growth, ready to meet the demands of a renewed wave in construction and infrastructure projects nationwide. With its consistent demand and potential for value appreciation, the cement sector can be a reliable pillar in a diversified portfolio.
07.11 / 00:23
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Trump 2.0: Future tense
Subscribe to enjoy similar stories. Chennai: Four years after leaving the White House in the wake of the riot on Capitol Hill, Donald Trump made a historic comeback on Wednesday, becoming the only US President in 132 years to be re-elected after a break. Trump beat Democrat Kamala Harris 277 to 224 seats to be elected the 47th President of the US, with a few more results left.
07.11 / 00:23
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India plans new steel standards to protect local industry from Chinese dumping
Subscribe to enjoy similar stories. In a move to curb cheap Chinese steel imports and protect the domestic industry, the government is planning to bring additional steel products under the Bureau of Indian Standards (BIS) framework. The plan also involves expanding the classification of existing steel standards to prevent products with minor variations from escaping scrutiny during imports, two persons aware of the development said.
07.11 / 00:23
UPS
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Adani group to resume power to Bangladesh under new terms. But readies a backup.
Subscribe to enjoy similar stories. Mumbai: Following intense negotiations over five days, the Adani group lifted a crucial power supply deadline imposed on the Bangladesh government after the crisis-hit nation conceded fresh repayment terms for dues worth about ₹7,500 crore. The Indian conglomerate, however, is embarking on a Plan B for its only exports-focused electricity plant if Bangladesh’s assurances don’t pan out, said two persons with direct knowledge of the matter.
07.11 / 00:23
Manufacturing
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Trump at helm to boost Indian electronics manufacturing
Subscribe to enjoy similar stories. Donald Trump on his return as US president is expected to broaden tariffs against Chinese imports to cover phones and laptops, boosting the Indian electronics manufacturing sector, according to the domestic industry bodies.
06.11 / 21:39
06.11 / 21:39
markets
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Software
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Updates
Who is Rishit Jhunjhunwala, the new Truecaller CEO
Swedish software company Truecaller announced on Wednesday that Rishit Jhunjhunwala, its current Chief of Products and Managing Director of the India division, will step into the role of CEO, effective January 9. Jhunjhunwala, who joined Truecaller in 2015, will succeed Alan Mamedi as he steps down.
06.11 / 17:45
markets
COST
UPS
Manufacturing
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Sporting
Skoda's new proposition to crack the Indian mass market: value-for-money cars
Subscribe to enjoy similar stories. ‘Paisa Vasool’ isn't a phrase that rolls off the tongues of senior leaders of Czech premium carmaker Skoda Auto often. But at the launch of its first, made-for-India compact sports utility vehicle Kylaq, value for money and ‘paisa vasool’ were key phrases to emphasize how serious the brand was to crack the Indian mass market and shed the perception its cars were too pricey for the value-conscious buyer.
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