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«If this means that government has to cut down on government expenditure and that does not augur well for the infrastructure companies. If we look at post the COVID, both the corporate sector and the government have been reducing their debt,» says Manish Sonthalia, Emkay Investment Managers. We are perhaps ending the year on a bit of a sombre note because last couple of months have been all about correction. But do you see this correction protrude into 2025 or is it going to be a different picture? Manish Sonthalia: So, everything hinges on what happens in the budget and we are looking at the budget exactly one month's time. And, of course, the problems are well known. It is the slowdown in consumption. It is the slowdown in spending. So, these things need to be addressed. Otherwise, corporate earnings do not look like having more than a 10% to 12% growth.

Adani Enterprises, Jubilant Food, IndusInd Bank, Aarti Pharma, Gujarat Fluorochemicals among others will be in focus due to various news developments. Adani Enterprises Adani Enterprises shares are expected to be in focus today following a 26% stake purchase in Gidhmuri Paturia Collieries (GPCPL) from Sainik Mining and Allied Services.

IndusInd Bank has put loans worth Rs 1573 crore for sale. The lender has invited public bids for unsecured microfinance loans at a reserve price of Rs 85 crore.

Delhi High Court has sought Patanjali Ayurved's stand on a lawsuit by Dabur over advertisements allegedly disparaging its product Chyawanprash. On December 24, Justice Mini Pushkarna issued summons on the lawsuit to the defendants — Patanjali Ayurved and Patanjali Foods Ltd — for a reply in the matter.

Colgate-Palmolive (India) Ltd. 0.51 per cent to Rs 2718.10 in Thursday's trade as of 11:36AM (IST) even as the benchmark Nifty ruled at 23750.85, 23.2 points. The scrip had closed at Rs 2732.05 in the previous session. The stock quoted a 52-week low of Rs 2380.05 and a high of Rs 3893.00. The company quoted a market-cap of Rs 73876.74 crore on the BSE.

Subscribe to enjoy similar stories. On 24 December, amidst large-scale turbulence, the broader market indices erased all gains in the afternoon to trade in the negative after a downturn in metals, public sector bank names dampened the sentiment. Moreover, trading volumes were reduced as investors closed their books in anticipation of the festive season.

Subscribe to enjoy similar stories. The calendar year is coming to an end with Nifty 50 seeing a correction in the final quarter after surging as much as 20.58% in the first nine months. Bidding adios to 2024, analysts at D-street got to number crunching, tossing around stock ideas for 2025.

Subscribe to enjoy similar stories. I will start with a disclaimer—this column is inspired by a chapter in Fluke by Brian Klaas—a good book in how luck plays an important role in life. The history we know tells us that the first atomic bombs were dropped on Hiroshima and Nagasaki in August of 1945, killing around 200,000 people.

Kumbh Mela 2025, the Indian Railway Catering and Tourism Corporation (IRCTC) is ensuring world-class facilities for millions of devotees attending the event.

Subscribe to enjoy similar stories. Indian Railway Catering and Tourism Corp. Ltd’s (IRCTC) shares hit a new low for 2024 at ₹777.20 on Monday and are hovering near those levels.

Subscribe to enjoy similar stories. The world may still be grappling with a latent fear of artificial intelligence (AI) but well-known author and new-age guru Deepak Chopra sees huge potential in tapping its powers for holistic well-being. In An Optimistic Conversation with AI, an article published on his website, www.deepakchopra.com, he writes “...AI in its present flawed state is quite capable of acting in the role of research assistant, therapist, confidant, and guru.

Subscribe to enjoy similar stories. Indians are opting to fly premium more often, especially on metros routes, as they seek better experiences and business travel grows. That's sent fares for such seats on aircraft soaring through the roof.

₹149.5 crore via its anchor book, which was initiated on December 20, prior to its IPO. The company has allocated half of the total issue size for qualified institutional buyers (including a portion of up to 60 percent designated for the anchor book), 15 percent for non-institutional investors, and the remaining 35 percent for retail investors.The Initial Public Offering (IPO) of Unimech consists of a fresh equity issuance of up to ₹250 crore alongside an offer for sale (OFS) not exceeding ₹250 crore by selling shareholders from the promoter and promoter group.

₹179.39 crore, will close for subscription on Monday, December 23. After two days of bidding the issue was booked 37.34 times.The Qualified Institutional Buyers (QIB) portion was subscribed 4.74 times, the Non-Institutional Investors (NII) segment was booked 49.45 times, and the Retail segment was subscribed 50.55 times.

Ashoka Buildcon will be in focus in Monday's trade after the company signed an agreement to invest Rs 9,000 crore in Bihar. The funds will be used for setting up a green hydrogen plant in Bihar, its COO-Renewable Energy Mayank Sharma said.

Subscribe to enjoy similar stories. Companies lending against gold are auctioning the collateral in higher quantities to recover stressed loans, at a time of rising regulatory scrutiny over the sector. Gold auctions that rose sequentially in the second quarter are expected to rise further in the ongoing December quarter, experts said, since directions from the Reserve Bank of India (RBI) pertaining to gold loans came only at the end of the second quarter.

Income Tax department has served a notice to senior PDP leader and Jammu and Kashmir MLA Waheed Para to submit his books of accounts, officials said on Sunday. Though, according to the notice, Para was scheduled to appear before the Income Tax authorities on December 20, he received the intimation on the same day. While the People's Democratic Party (PDP) leader — the MLA from Pulwama in south Kashmir — was not available for comment, his close aides said his representative would appear at the Income Tax office on Monday. Para was served a notice under Section 131(1A) of the Income-Tax Act that empowers a tax officer to seek information from taxpayers, even when no formal proceedings are pending.

Subscribe to enjoy similar stories. Joe Sacco has been called the heir to Art Spiegelman (Maus) and his award shelf creaks under the weight of trophies (Eisner Award for Best Original Graphic Novel, Ridenhour Book Prize, American Book Award, etc.). But the scale of achievements casts no shadow on the man himself.