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United Breweries Limited, India's biggest beer maker, has announced that it will resume the supply of its beer to Telangana Beverages Corporation Limited (TGBCL) with immediate effect.

Delhi High Court on Monday sought the stand of the city police on a bail plea by AAP leader and Uttam Nagar MLA Naresh Balyan in a case lodged under the stringent MCOCA. «Issue notice. Let status report be filed before the next date of hearing,» Justice Vikas Mahajan said.

PI Industries Ltd. traded 1.13 per cent at Rs 3592.90 at 11:32AM (IST) on Monday, even as BSE benchmark Sensex 553.09 points to 77172.42. The stock had closed at Rs 3552.60 in the previous session. The stock quoted a 52-week high price of Rs 4801.40 and 52-week low of Rs 3060.00, respectively. As per BSE data, total traded volume on the counter till 11:32AM (IST) stood at 1973 shares with a turnover of Rs 0.71 crore.

Shares of Vodafone Idea surged 10% in early trade on an ET report that the government is considering a proposal to waive 50% of interest and 100% of penalties and interest on penalties that make up a bulk of the adjusted gross revenue (AGR) dues that were levied on telcos after the 2019 Supreme Court order. The Vodafone Idea stock opened at the upper circuit of Rs10.03 and was locked at that level in early trade on the Bombay Stock Exchange Monday.

financial hub with an excellent regulatory framework, world-class infrastructure, proactive regulator, and key trading platforms such as exchanges and clearing corporations. However, the next step is to focus on increasing the level of financial activity to unlock its full potential. This very issue was discussed at a recently held primary markets conference at the IFSC. The Role of Government and Regulators in Market Development

Abhey Singh, known widely as ‘IITian Baba,’ has been expelled from the Juna Akhada following allegations of misconduct and disrespect towards the Akhada’s leadership.

DLF Ltd.(up 1.15 per cent), Macrotech Developers Ltd.(up 0.6 per cent), Godrej Properties Ltd.(up 0.45 per cent), Sobha Ltd.(up 0.3 per cent) and Brigade Enterprises Ltd.(up 0.27 per cent) were among the top gainers.

Gold prices declined on Monday, 20 January, as investors awaited clarity on the incoming US administration's policies from President-elect Donald Trump's inauguration speech, which could provide further insights into the Federal Reserve's interest rate trajectory. As of 10:11 am, February gold futures were trading at Rs 78,896 per 10 grams on the MCX, down by Rs 127 or 0.16% from the previous session's closing price. Meanwhile, March silver futures were at Rs 91,620 per kg, rising by Rs 18.

Bank of Baroda traded at Rs 230.70 on BSE at 10:30AM (IST) on Monday, 1.18 per cent from previous close. The stock quoted a 52-week low price of Rs 216.10 and a high of Rs 298.45.

Reliance Naval & Engg(up 277.80%) and Ind-Agiv Comm(up 49.92%) were among the stocks that surged over 15%.

Subscribe to enjoy similar stories. Bengaluru/Mumbai: Private equity firm Multiples is looking to launch a $300-400 million continuation fund to remain invested in three of its portfolio companies, three people familiar with the matter told Mint. "The assets include Vastu Housing Finance, APAC Financial Services Pvt Ltd and Quantiphi," one of the people cited above said.

RBL Bank’s net profit plunged 86% year-on-year (YoY) to Rs 33 crore in the December quarter, down from Rs 233 crore in the same period last year, mainly due to issues in its microloan portfolio. The private sector bank, which has faced challenging quarters because of higher credit costs, reported a net profit of Rs 231 crore in the September quarter.

Tech Mahindra will remain in focus on Monday, January 20, after the company reported a 93% growth in consolidated net profit for the quarter ended December 31, 2024. The bottom line stood at Rs 983 crore (attributable to shareholders of the company), compared to Rs 510 crore reported in the same period last year.

Jio Financial Services shares will remain in focus on Monday, January 20, after the company reported a consolidated net profit of Rs 295 crore for the quarter ended December 31, 2024, which remained flat compared to Rs 294 crore posted in the same period last year. The Mukesh Ambani-promoted company reported total revenue of Rs 438 crore in Q3FY25, marking a 6% increase from Rs 414 crore posted in the corresponding quarter of the previous financial year.

Kotak Mahindra Bank will remain in focus on Monday, January 20, after India’s third largest private bank by market capitalization reported a 10% jump in its December quarter net profit at Rs 3,305 crore versus Rs 3,005 crore reported in the year-ago period. Meanwhile, the lender's interest earned in Q3FY25 stood at Rs 13,427.58 crore, up 14% from Rs 11,799 crore in the corresponding quarter of the previous financial year.

neutral call on Anand Rathi Wealth with a target price of Rs 4,200. The current market price of Anand Rathi Wealth is Rs 3952.05. Anand Rathi Wealth, incorporated in 1995, is a Large Cap company with a market cap of Rs 16549.13 crore, operating in the NBFC sector. Anand Rathi Wealth. key products/revenue segments include Income From Sale Of Share & Securities for the year ending 31-Mar-2024.

₹314 crore from anchor investors. The price range for the issue is set between ₹407 and ₹428 per share.

Elon Musk has weighed in on the huge debate surrounding TikTok's ban in the United States.

Jitendra Gohil, Chief Investment Strategist, Kotak Alternate Asset Managers, says one can start nibbling in this sector. But one has to be cautious of auto ancillaries that are exposed to the global auto sectors as there is a lot of glut there. But from the domestic side, tractors and CV players, especially CV financiers, are in a better position in this market. Also, midcap IT companies which support defence industries, are looking pretty good. Hiring is picking up. So, the outlook of some of the hiring companies dealing with IT manpower has also brightened. Let’s look at the rural consumption/ recovery story. Is FMCG staples something that you will be looking out for? In the auto space, can somebody look at the tractor space as well as of late a few of the fund managers and investors are flagging off this space as attractive. Jitendra Gohil: In terms of rural recovery, the tractor segment looks decently positioned. The kharif output is also expected to be around 4% up. Rural recovery probably is a good play and if I look at the auto sector, we have been negative and underweight on this sector. But now looking at the correction that has happened, generally the March quarter is good for four-wheelers and even for CV cycle as due to the depreciation benefit that they get, the March quarter should be very strong for auto companies.

Capital Numbers Infotech IPO kicks-off from today as the company plans to raise around Rs 169 crore through the public offer. The issue includes a fresh equity sale worth Rs 85 crore and an offer for sale (OFS) of 32.2 lakh shares. In the IPO, qualified institutional buyers (QIB) will have about 50% of the shares reserved for them, while retail and non-institutional investors have to bid in the categories that have a reservation of 35% and 15%, respectively.

Angel One may remain in focus on Monday, January 20 as today is the last day to buy the shares of the company to qualify for the Rs 11 dividend announced by the company. “We would like to inform you that the Board of Directors of the Company at its meeting held today i.e. January 13, 2025 at Maple Conference Room, 6th Floor, Ackruti Star, Central Road, MIDC, Andheri East, Mumbai-400093 which commenced at 02.50 p.m. and ended at 06.25 p.m. have inter alia, approved and taken on record the following: The Board has declared 1 st Interim Dividend for the Financial Year 2024-25 at the rate of Rs. 11 .00/- per share on equity shares having face value of Rs. 10 per share, as on the Record date,” Angel One stated in its filing to the exchanges.