India Financial News

NCLAT. IL&FS is in the process of recovering approximately Rs 187 crore from the directors and independent directors of the previous board, during whose tenure the company and its two subsidiaries — IFIN and ITNL- were shown in profit through financial engineering, though they were in loss. Earlier this year, books of accounts and financial statements of IL&FS, IFIN and ITNL were recast on the directions of the National Company Law Tribunal (NCLT) for five years — FY 2013-14 to FY 2017-18- and a loss of around Rs 9,600 crore was found. Originally, a profit of Rs 1,869 crore was shown by the previous company management and board, which the government later superseded following revelations of irregularities that shook India's financial sector.

«This is a temporary intervention to provide relief to consumers,» Food Minister Pralhad Joshi said after flagging off the mobile vans of these cooperatives. The government has allocated 3.69 lakh tonne of wheat and 2.91 lakh tonne of rice from the Food Corporation of India (FCI) for the phase-2 retail intervention under the Price Stabilisation Fund.

Tube Investments of India Ltd. traded at Rs 4139.10 on BSE at 02:08PM (IST) on Tuesday, 5.06 per cent from previous close. The scrip quoted a 52-week low price of Rs 3107.15 and a high of Rs 4807.05.

Subscribe to enjoy similar stories. JK Cement Ltd has lowered its FY25 volume growth guidance for grey cement from 10% to 6-7%. It expects industry volume to grow 3-4%.

Subscribe to enjoy similar stories. The festival season that is now drawing to a close began under a cloud of dark concerns about a further slowdown in consumer spending in India. There have been stray signs of a welcome revival in some segments of the consumer market since then.

If you are looking for a high-quality dishwasher for your home, then you need to consider the list of the best dishwashers from popular brands in India. We have mentioned important details about these dishwashers in this article so that you can compare them with another to find the right one for your needs.

Indian Olympic Association has formally sent Letter of Intent to Future Host Commission, International Olympic Committee, further solidifying the dream to host Olympics in 2036, ANI reported citing sources. The letter was sent on October 1, 2024, expressing India's interest in hosting the Olympics and Paralympics Games in the subcontinent.

Axiom Space is exploring using Indian launch vehicles to support its international space station mission, a senior executive said on Tuesday. Axiom Space is one of the few companies constructing a private space station, intended to eventually replace the International Space Station (ISS), which the U.S. National Aeronautics and Space Administration (NASA) expects to retire around 2030. Pearly Pandya, director of Axiom's international government business, said that while contracts had not been signed yet, the startup was in talks with India's space agency, ISRO, and India's private launch companies to explore the best fit for its missions and to diversify its supply chain.

Swiggy Limited is set to make waves with its Rs 11,000 crore IPO, positioning itself for even bigger growth in food delivery, grocery, and more. ETMarkets got the chance to sit down with Swiggy’s top leaders, Group CEO & MD Sriharsha Majety and CFO Rahul Bothra, to talk about what’s next for the brand, its unique edge in a competitive market, and where the company’s finances are headed. Let’s jump into Swiggy’s Rs 11,000 crore IPO. With everything from food delivery to Instamart, it’s a major offering. So, what’s Swiggy focusing on right now?

1. Hawkins Contura Black Pressure Cooker, 5 Litre, Black The Hawkins Contura Anodised Aluminium Pressure Cooker is a durable and efficient choice for your kitchen. It is designed to cook food quickly while retaining the nutrients, making it a healthy cooking option.

Archaeological Survey of India (ASI) to carry out a scientific survey of the boundary wall after cracks were detected. The ASI serves as the custodian of the temple, PTI reported. Chief Administrator of the Shree Jagannath Temple Administration (SJTA) Arabinda Padhee wrote to the ASI, noting that significant cracks have appeared on the massive wall surrounding the temple complex. He also requested immediate repair and restoration of the 'Meghanad Pacheri' (the boundary wall). To address the issue, Padhee mentioned that the civil construction wing of the SJTA has already taken measures to prevent water leakage on the wall.

Subscribe to enjoy similar stories. The most popular Indian OTT originals such as Panchayat and The Family Man clocked in viewership of 30-40 million, or just about one-third of the country’s overall paid streaming universe, which experts said was a “fairly decent trend." The local OTT business is still struggling with paid subscriptions and discovery issues, given the number of options available across shows, languages and platforms.

2024 US Presidential election, with Donald Trump facing off against Kamala Harris.On Monday, Harris rallied Americans to vote in this pivotal election, delivering her final campaign speech in Pennsylvania, a key battleground state. “Just one more day until the most consequential election of our lifetimes, and the momentum is on our side," she said in Philadelphia.“This could be one of the closest races in history—every vote counts."Vice President Kamala Harris is the Democratic candidate in the 2024 U.S.

«If there is a sweep of any kind, then of course, you will get a result fifth night itself, otherwise it may take sixth or even seventh. So, perhaps I will be there in time for the actual result in the USA,» says Swaminathan Aiyar, Consulting Editor, ET Now. Are you in India? That is what I have been told. Welcome to India. Swaminathan Aiyar: I am in India, but I am flying to the USA tonight.

GAIL (India) Ltd. traded 2.03 per cent up at Rs 192.10 at around 01:13PM (IST) on Tuesday. The stock had closed at Rs 196.10 in the previous session. Equity benchmark Sensex traded 317.23 points at 78465.01 around the same time.

BJP spokesperson Shehzad Poonawala said that while Congress and its allies speak for Gaza, they have gone «completely silent» for Hindus in Canada and Bangladesh. Speaking to ANI, Poonawalla said, «You find that the INDI Alliance, especially Priyanka Vadra, Rahul Gandhi and others who cry for Muslims in Gaza, whose alliance tweets and speaks up for Hezbollah and Hamas have gone completely silent when it comes to Hindus in Canada and Bangladesh.»

Info Edge (India) Ltd. traded at Rs 7637.00 on BSE at 12:53PM (IST) on Tuesday, 1.11 per cent from previous close. The stock quoted a 52-week low price of Rs 4250.05 and a high of Rs 8463.00.

Subscribe to enjoy similar stories. That changing the behaviour of populations is a nigh-impossible task was visible, once again, during Diwali. The enormous media attention over the last couple of decades and judicial actions regulating the type and quantity of crackers that can be used have had very little impact on the actions of governments, unfortunately, and of society as well.

Subscribe to enjoy similar stories. Once a frontrunner in India’s industrial manufacturing space, this prominent seamless pipes manufacturer has seen its stock plummet over 40% from its peak, as recent challenges strain its market position. Despite the decline, the company’s robust presence across key sectors—such as oil and gas, agriculture, and chemicals—offers a foundation for potential recovery.

1. IFB Free Standing Dishwasher The IFB 12 Place Settings Hot Water Wash Dishwasher (Neptune VX) is one of the best IFB dishwashers for hassle-free, thorough cleaning. With an in-built heater, it effectively removes stubborn grease and grime, ideal for Indian utensils like kadhais and pressure cookers.

Samir Arora, Founder, Helios Capital, questions what is a bull run? If one can make 12-15%, is that a bull run or is it a normal run? Because bull run normally means we are growing more than the earnings and getting re-rated. Those days are over for now. We are no longer in a situation where if the earning growth is 12%, the market will go up 18% or 20% like it has done in the past. That kind of bull run, it is not. Since nothing is happening in the market, let us talk about things like cricket which are better than this boring market. Samir Arora: Losing 3-0 in cricket to New Zealand, makes it look worse than what is happening in the market. Our market does not stand out and moving away from here, we will end up talking about something even worse.