India Financial News
17.09 / 06:38
Target
CEO
security
Sustainability
trends
Trade
Experts
Suzlon Energy shares deliver 113% return in 6 months: Does more growth awaits?
Suzlon Energy have given multibagger returns of 113% in just 3 months and have increased by 116% so far this year, as the stock sustains its positive momentum. Recently, the company announced it has received India’s largest wind energy order of 1,166 MW from NTPC Green Energy, the renewables arm of NTPC. This order requires Suzlon to install 370 S144 WTGs, each with a rated capacity of 3.15 MW, generating electricity to power 3 million households.
17.09 / 06:31
UPS
Citi
Election
President
social
Videos
Who is Laura Loomer, the controversial figure seen cozying up to Trump’s team?
Laura Loomer, a right-wing activist who posted last year that 9/11 was an “inside job,” has attracted a tremendous amount of attention in the past week after she’s been spotted cozying up to Donald Trump’s campaign team and appearing by the Republican presidential nominee’s side at various events.
17.09 / 06:31
markets
Provident
Digital
Platform
innovations
reports
Piyush Goyal proposes indigenous Silicon Valley to promote startup ecosystem
Piyush Goyal, the Minister of Commerce and Industry, has called for an indigenous Silicon Valley, a dedicated township for startups in India, at the launch of Bharat Startup Knowledge Access Registry (Bhaskar). It serves as a central hub for collaboration and exchange of ideas between startups, investors, service providers and government bodies. Goyal pitched a vision to promote the sector's growth, building the largest digital registry for stakeholders within the startup ecosystem. He proposed a township of 25-500 acres to promote the startup ecosystem and provide guidance and support under one roof. On India’s position in the Silicon valley, ET reported earlier about one-third of tech employees in Silicon Valley are of Indian origin. It further said that CEOs of Indian origin head 16 Fortune 500 companies generating nearly $1 trillion in revenue.
17.09 / 06:24
markets
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Info Edge shares drop 0.11% as Sensex rises
Info Edge (India) Ltd. traded 0.11 per cent down at Rs 7895.85 at 11:31AM (IST) on Tuesday, even as BSE benchmark Sensex gained 93.37 points to 83082.15. The stock had settled at Rs 7904.9 in the previous session. The stock quoted a 52-week high and 52-week low of Rs 7955.0 and Rs 3973.15, respectively.
17.09 / 06:23
markets
community
Celebrity
country
beautiful
Features
"Jinnah like mentality," Hardeep Singh Puri accuses Rahul Gandhi of crossing limit for "political interest"
Hardeep Singh Puri who is currently in the United States has severely criticised Lok Sabha Leader of Opposition Rahul Gandhi accusing him of having a "Jinnah like" mindset, that wants the nation to bleed and «foment a divisive narrative.» «He (Rahul Gandhi) never talked about the Sikhs while being in India. When they were in power, which government produced the monsters...they need to do some solid introspection, why this happened. This is a narrative anchored in total lies and. Therefore I am, not surprised that he is going around doing it but it is, I think, this thing about Muhammad Ali Jinnah, what he did, that either I want what I want, or else I will destroy it,» Puri who is in Washington DC for discussions with United States Secretary of Energy Jennifer Granholm on Monday (local time) said. «There can be some differences. But the whole beauty of democracy is to sit and address this issue...They should see the contribution of RSS for the nation. The one distinguishing feature in PM Modi government's ideology is Nation First...but he (Rahul Gandhi) is doing like Jinnah...you want to bleed it into a kind of breakup. But I want to remind them that our very old, more than 5000 years old, culture and civilization, it's an old civilization. People like this will not be able to break it, and we are a proud nation, the minister added.
17.09 / 06:22
markets
IPO
Provident
show
performer
track
classical
Will Bajaj Housing Finance's IPO fuel growth in other housing finance stocks?
Subscribe to enjoy similar stories. The recent ₹6,560-crore initial public offering (IPO) of Bajaj Housing Finance, which was oversubscribed nearly 67 times, underscored the ongoing frenzy around IPOs in India. The sheer demand – translating to bids worth more than ₹4 trillion – highlights the immense trust investors place in established corporate giants like Bajaj and Tata.
17.09 / 06:15
markets
Cooper
Sustainability
country
cover
Department
International
India, US hold 2+2 Intersessional, discuss strategic and defence priorities
The officials of the Ministry of External Affairs and Defence and the US State and Defence Departments attended the 2+2 Intersessional. In a post on X, Ministry of External Affairs (MEA) official spokesperson Randhir Jaiswal stated, «India and the US held the 2+2 Intersessional today with officials from India's Ministry of External Affairs and Defence, and the U.S. State and Defense Departments. Key discussions covered bilateral strategic and defense priorities, alongside regional and global issues.»
17.09 / 04:50
DISH
Hawkins
classical
Features
peace
Best Hawkins cookers 5 litre: Top 7 efficient and durable options that are perfectly safe for everyday cooking
Reasons to buyReasons to avoidThe Hawkins HC50 Contura Pressure Cooker is designed for modern kitchens with its sleek and stylish appearance. It features a 5-liter capacity and is made from high-quality stainless steel. The unique body design ensures faster cooking and the cooker is compatible with both gas stoves and induction cooktops.Reasons to buyReasons to avoidAlso Read: Best pressure cookers in India in 2024: Top 10 picks that are efficient, durable and stylish kitchen essentials3. HAWKINS Classic CL50 5-Liter New Improved Aluminum Pressure CookerThe Hawkins Classic Improved Aluminum Pressure Cooker is a reliable and durable option for everyday cooking.
17.09 / 04:16
17.09 / 04:03
Justice
Courts
Colleges
Updates
RG Kar SC hearing LIVE Updates: CJI Chandrachud led bench to take update of CBI probe; CM Banerjee accepts medics demand
RG Kar SC hearing LIVE Updates: The Supreme Court bench led by CJI DY Chandrachud will continue hearing the case of rape and murder of a trainee doctor at Kolkata's R.G. Kar Medical College.
17.09 / 03:46
markets
UPS
Provident
Digital
Enterprise
Experts
Rate cuts in Europe keep Indian IT sector's hopes up
technology budgets soon as Europe has started reducing interest rates and the US is expected to follow suit. While industry analysts foresee this as a tailwind along with the ongoing digital adoption by enterprises, they said the impact on the industry may be felt only by the fourth quarter of this fiscal ending March 2025. «We think the first change will reflect in the management commentary turning more optimistic and references to green shoots in discretionary demand pickup,» said Kumar Rakesh, associate director at BNP Paribas, who closely tracks the IT sector. «Impact on earnings will likely take a little longer and we think it will start reflecting in CY2025.»
17.09 / 03:45
markets
UPS
Target
economy
wellness
country
Hostile takeovers of faltering firms are integral to a competitive economy
Subscribe to enjoy similar stories. The Competition Commission of India’s (CCI) recent easing of a company takeover rule marks a welcome shift in a country where hostile acquisitions have long been viewed with alarm. Under the CCI’s revised rule, companies will no longer need its approval to acquire up to 25% of a target’s shares in the secondary market before making a formal bid.
17.09 / 03:27
markets
Action
community
Justice
Department
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Investigations
BAPS Swaminarayan Temple vandalised in New York, Indian Consulate raises issue with US
New York has condemned the vandalism of the BAPS Swaminarayan Temple in Melville, labelling it «unacceptable.» India's Consulate General in New York has raised the matter with US law enforcement authorities and urged them to take prompt action against perpetrators of this act. In a post on X, the Consulate General of India in New York stated, «The vandalism of the BAPS Swaminarayan Temple in Melville, New York, is unacceptable; The Consulate @IndiainNewYork is in touch with the community and has raised the matter with U.S. law enforcement authorities for prompt action against the perpetrators of this heinous act.»
17.09 / 03:22
UPS
Manufacturing
Apple
FLEX
Trade
electronic
Samsung strike: Can it crash Tamil Nadu’s dream?
Subscribe to enjoy similar stories. Tamil Nadu dominates India’s electronics exports with a 34% share. This hard-won dominance is at stake as Samsung India workers’ strike at its Sriperumbudur unit refuses to die down and risks spreading to other units.
17.09 / 03:21
markets
security
International
Mint Quick Edit | Sebi’s talks with employees are a good sign
Subscribe to enjoy similar stories. The Securities and Exchange Board of India (Sebi) is trying to dial back tensions with its staff members who had complained of a “toxic" work environment.
17.09 / 03:10
markets
IPO
Analysis
trends
Trade
Experts
reports
Bajaj Housing makes stellar debut! Technical glitches rob many of the chance to make IPO gains
Bajaj Housing Finance made a stellar debut on the domestic bourses, some investors could be rueing the missed chance due to technical hiccups. Nearly 14 lakh applications or 16% of total bids in the company's Initial Public Offering (IPO) — the largest issue in 2024 — were disqualified, according to allotment documents released on Monday. This is the second-highest number of rejections in absolute terms since the Life Insurance Corporation (LIC) IPO in May 2022. Bankers and market participants said most disqualifications were due to operational glitches, with a chunk of them being unable to complete the UPI (Unified Payments Interface) process. There were also reports of technical issues related to UPI systems.
17.09 / 03:09
UPS
Digital
stage
country
electronic
reports
Brookfield hit it big with towers. Here's what it has in mind next.
Subscribe to enjoy similar stories. Mumbai: Canada's Brookfield Infrastructure Partners is weighing potential investments in India's emerging semiconductor fabrication sector, even as it actively assesses opportunities in fibres, transmission lines, electric vehicles and smart meters. In the US, Brookfield has invested $15 billion in a joint venture with Intel Corp.
17.09 / 03:01
markets
UPS
IPO
Analysis
wellness
Trade
rights
Bajaj Housing Finance: Is it time to hold or wait for a correction? Devang Mehta answers
«So, a lot of these models have even made restaurants successful. So, right now, the ordering activity in India and you look at the per order realisation for even Zomato or Swiggy that has been on the rise,» says Devang Mehta, Spark Private Wealth. Just wanted to get your thoughts in on the kind of valuation that Zomato is currently quoting and we do not know what pricing, etc, is going to be the detail for Swiggy, that is, but just wanted to understand, given that these are the only two players in the market right now, how is it that you would stack up Zomato's valuations? Devang Mehta: See, honestly, on the valuation front, if you look at both these businesses, they would probably trade at a bit of a, if I can use that word, crazy valuations. Why? Because there will always be a scarcity premium for this type of business and we know that at least Zomato is now that way profitable and, in fact, Blinkit has done very well.
17.09 / 02:39
markets
Target
FIVE
Trade
Experts
recommendations
International
Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy
Subscribe to enjoy similar stories. Breakout stocks to buy or sell: Following strong global market sentiments on the US Fed rate cut buzz, the Indian stock market started the week on a higher note and finished upside on Monday. The Nifty 50 index finished 27 points higher at 25,383, the BSE Sensex ended 97 points higher at 82,988, whereas the Bank Nifty index gained 215 points and closed at 52,153.
17.09 / 01:58
markets
Digital
CEO
Experts
Universities
reports
testing
Upskilling is how you make AI work for you
IT industry to continuously upskill its talent pool, top executives and experts caution. The country has to not just skill but unskill quickly, they said. “A GCC (global capability centre) of some bank in the US that’s got 10,000 people here is asking the question – why do I need these people in India when a model I’m running under my desktop can do or generate the same thing?” Nigel Vaz, CEO of global digital business transformation company Publicis Sapient, told ET in a recent interview.
17.09 / 01:42
markets
MET
Platform
Sustainability
reports
Department
Government to quick commerce players: throw more light on dark store ownership structures
dark stores, the mini warehouses that are crucial for the foreign-funded platforms to deliver in 15-30 minutes, people aware of the matter said. India’s foreign direct investment rules don’t allow foreign-funded online marketplaces to own inventory or control sellers on their platforms. Because of these restrictions, the dark stores are not owned by the quick-commerce platforms themselves, but by separate entities. However, there are some grey areas in their structures. Meeting With Goyal
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