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10.04 / 13:11
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Uno Minda starts construction work at alloy-wheel plant in Haryana
New Delhi, Auto components maker Uno Minda on Wednesday said it has commenced construction work on a passenger vehicle alloy-wheel plant in Haryana, entailing an investment of Rs 542 crore. The facility is located at IMT Kharkhoda in Haryana, and it will have a production capacity of 1.2 lakh wheels per month. The plant, with a capital outlay of Rs 542 crore, will be set up in a phased manner over the next five years, with the first phase expected to be commissioned in the second quarter of FY26, Uno Minda said in a statement. Uno Minda secured a land parcel of 94.32 acre at IMT Kharkhoda, Haryana HSIIDC, to fuel its ongoing and future expansions.
10.04 / 13:11
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pandemic
Zerodha's investors hold Rs 4.5 lakh cr assets as retail investors swamp markets
retail investors switched to capital markets from traditional avenues to grow their wealth. In a startling fact revealed by Zerodha's Nithin Kamath, investors on Kite hold as much as Rs 4.5 lakh crore worth of assets in their demat accounts.
10.04 / 11:25
10.04 / 10:57
markets
FIVE
Digital
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Align
rights
NIIF invests $200 million in Ibus to boost digital infrastructure in India
Infrastructure Fund (NIIF) on Wednesday announced a $200 million (about Rs 1,660 crore) investment in digital infrastructure player Ibus Network and Infrastructure. Ibus will be deploying the funds to scale operations in an organic way by expanding its capacities and for inorganic growth, according to a statement. The company aims to strengthen its position as a leader in in-building solutions, outdoor small cells and managed WiFi services and expand its presence in new emerging sectors like Internet of Things (IoT) solutions, it added.
10.04 / 10:41
UPS
FIVE
reports
Tomorrow's IPL Match: MI vs RCB — who will win Mumbai vs Bengaluru clash? Fantasy team, pitch report and more
Tomorrow's IPL Match: Mumbai Indians (MI) and Royal Challengers Bengaluru (RCB) will clash on April 11 at the Wankhede Stadium in Mumbai. Mumbai, after losing their first three matches, had their first win on April 7. RCB, on the other hand, have lost four of their five matches and are sitting at number 9.
10.04 / 10:41
markets
Citi
FIVE
Williams
Research
ONEOK
information
A safe, profitable bet on the green transition
Companies in the business of storing and transporting natural gas don’t sound “growth-y" or exciting, but they are businesses with a deepening competitive moat and growing need. Over the last decade, U.S. dry natural gas production has grown 57% and demand (including for exports) has risen 45%, according to the U.S.
10.04 / 10:41
UPS
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JPMorgan
Tesla
Experts
rights
Interviews
What Elon Musk and Jamie Dimon’s AI predictions mean for the future of humanity
Elon Musk and Jamie Dimon say artificial intelligence will be smarter than humans and transform society. The question now is whether the prognostications of one of the world’s richest people and the head of the nation’s largest bank will come to fruition, or turn out to be overstated. In remarks this week, both Musk and Dimon joined a chorus of business executives making bold predictions about AI’s potential for dramatic change.
10.04 / 09:57
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Food
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Scandals
Samosa Scandal: Condoms, gutkha found in samosas supplied to Pune auto firm; five held, business rivalry suspected
Also Read | ‘Concerned officers should be suspended’: Supreme Court raps U'khand govt for no action against Patanjali Catalyst Service had outsourced the samosa supply to another firm, Manohar Enterprises. The police revealed that Firoz Shaikh and Vicky Shaikh, who were employees of Manohar Enterprises, had allegedly stuffed condoms, gutka, and stones into the samosas.
10.04 / 09:57
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SUN
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Lower circuit stock: Sun Pharma Advanced share price tanks 5% on ending Proseek study; here's what analyst says
₹431.10 apiece on BSE after it notified the exchanges that it had ended the Phase 2 study on Vodobatinib for Parkinson's. Rajesh Bhosale - Equity Technical and Derivative Analyst, Angel One, said that recently the stock has seen strong positive momentum, but today it has seen selling pressures with prices down 5% on the lower circuit.
10.04 / 09:23
FIVE
Extreme
security
Election
BABA
Massive security deployment in Bastar for Lok Sabha Polls: 350 IAF companies, 10 choppers assigned
Bastar region ahead of the upcoming first phase of Lok Sabha elections with deployment of 350 companies of security personnel to safeguard and escort polling parties, both on foot and by road besides utilising ten Indian Air Force Mi-17 choppers assigned for polling duties. Bastar is scheduled to hold its first phase of LS polls on April 19, with 1,472,207 voters expected to cast their ballots. Massive Security Deployment in Bastar Voting will take place from 7 am to 3 pm across Bastar due to insurgency-related risks, except in Jagdalpur town, where the polling hours will extend until 5 pm.
10.04 / 09:23
markets
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performer
reports
Sporting
Tata Motors-owned Jaguar Land Rover sales up 81% at 4,436 units in FY24
Tata Motors-owned Jaguar Land Rover (JLR) on Wednesday reported an 81 per cent jump at 4,436 units in its retail sales in India in the fiscal ended March 31, 2024. The year-on-year growth of 81 per cent represents one of the best performances in the market since the company's launch in India in 2009 and its highest in the last five years, JLR India said in a statement. Retail sales of SUVs, Range Rover, and Defender continued to grow with year-on-year increases of 160 per cent and 120 per cent respectively, it added. The newly launched 2024 model year 'Discovery Sport' and 'Range Rover Evoque' grew by 50 per cent and 55 per cent year-on-year respectively, the company said.
10.04 / 07:45
FIVE
ETF
MSCI
SSGA delists five ETFs from European exchanges to concentrate liquidity
SPDR Bloomberg 10+ Year US Treasury Bond UCITS ETF, SPDR Bloomberg 7-10 Year US Treasury Bond UCITS ETF and SPDR Bloomberg China Treasury Bond UCITS ETF will be delisted from Borsa Italiana on 10 July. On 10 May, SPDR MSCI EM Asia UCITS ETF will be removed from Euronext Paris and SPDR MSCI Japan EUR Hdg UCITS ETF will be taken off the London Stock Exchange. Fidelity Investments imposes fee penalty on ETF investors for non-compliant issuers SSGA said it regularly reviews the exchanges ETFs are listed on and in a recent review, decided to delist the funds to «concentrate liquidity» o...
10.04 / 07:43
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shock
IPL 2024: ‘You might get chance…' | When MS Dhoni asked Ruturaj Gaikwad to be ready for CSK captaincy
'MS Dhoni's win was unexpected….': Virender Sehwag's ‘bigger expectations’ from Thala remark after CSK vs KKR IPL match The CSK skipper revealed that the CSK captaincy did not come as a shock to him. “It [CSK captaincy] didn’t come as news to me or was I bit surprised or shocked," Ruuturaj Gaikwad said.
10.04 / 07:41
FIVE
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cricket
MI vs RCB Pitch Report: Who will win the clash of titans? Pitch condition, head-to-head, score prediction, weather report
MI) versus Royal Challengers Bangalore (RCB) fixture in the IPL 2024 has stirred immense excitement among cricket enthusiasts. Scheduled for April 11, Thursday, this showdown promises a riveting spectacle, set to unfold at the Mumbai venue.
10.04 / 07:27
markets
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trends
performer
Commentary
play
Weak pricing to play spoilsport for cement makers despite strong seasonality in Q4
The average prices of cement are down 5-6% in the March quarter as compared with Oct-Dec, with prices trending lower for five consecutive months between November and March.
10.04 / 07:27
FIVE
Progressive
Sustainability
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President
Does BJP want to win by finishing off Opposition?: Maharashtra Congress chief Nana Patole narrowly escapes after truck hits car
Maharashtra Congress President Nana Patole narrowly escaped a potentially fatal accident when a truck collided with his car in Bhandara. The incident, which occurred late Tuesday night, raised speculation about foul play, with some suggesting it could have been an attempt on his life. State Congress spokesperson Atul Londhe claimed that the truck hit Patole's car and attempted to crush it near Karda village in Bhandara district. Fortunately, Patole emerged unharmed, with Londhe attributing his safety to the blessings of the people. In a post on X, Londhe said the accident occurred near Karda village in Bhandara district. He claimed that a truck hit Patole's car and tried to crush it.
10.04 / 05:19
UPS
Target
FIVE
Trade
reports
Updates
Kandla Port: L&T, RIL to invest ₹1 lakh crore in green energy; Deendayal Port Authority allots 14 land parcels
Economic Times report. According to industry executives, the cumulative investment in these projects could reach up to ₹1 lakh crore, making it one of the largest investments in the green energy infrastructure space in India, added the report. Also Read | Indian Oil Corporation share price Today Live Updates: Indian Oil Corporation Stock Rises on Positive Trading Day The port authority had received expressions of interest for 14 land parcels of 300 acres each in October 2023, with each parcel earmarked for 1 million tonnes per annum (MTPA) of green ammonia production.
10.04 / 02:59
markets
COST
Target
FIVE
economy
Trade
country
We need urgent global talks on the EU’s carbon adjustment import charges
The idea was simple: To meet progressively higher carbon emission-reduction targets in line with its climate-action commitments under the Paris Agreement and the UN Framework Convention on Climate Change (UNFCCC), the EU needed to impose higher obligations on its own industrial activities in carbon-intensive sectors. As a result, it had to tackle two challenges.
10.04 / 01:39
markets
UPS
FIVE
economy
Trade
country
Sensex at 150,000 by 2029: The ultimate compounding machine
equity investment was in 1979, the same year that the BSE Sensex was constituted with a starting value of 100. Over the next 45 years, that 100 has ballooned to 75,000 today, compounding at a handsome rate of 15.85% to be precise. Looking back, the story of the Sensex is the story of India in a sense. In 1979, India was virtually a basket case in the global scheme of things, with a GDP of barely $130 billion. In fact, in 1990, the country went nearly bankrupt with forex reserves dwindling to a few months of our imports. Then came the IMF bailout package, and India has not looked back since.
10.04 / 01:21
markets
FIVE
security
Trade
information
Dividend stocks: DCM Shriram Industries, Vesuvius India shares to trade ex-dividend today
Dividend stocks: Shares of DCM Shriram Industries Ltd, Vesuvius India Ltd, and Grauer & Weil (India) Ltd will be in focus when the stock market opens on April 10 (Wednesday). The Board of Directors of the 3 companies have declared interim dividend, final dividend, and bonus issue for their eligible shareholders. The record date by the 3 companies to ascertain the eligibility of shareholders for their respective issues has been fixed on April 10.
09.04 / 20:53
FIVE
Dreams
Parke
Election
country
reports
Maharashtra: CM Shinde, Deputy CM Fadnavis thank Raj Thackeray for announcing 'unconditional support' to BJP-led alliance
Maharashtra Chief Minister Eknath Shinde and Deputy CM Devendra Fadnavis have thanked Maharashtra Navnirman Sena (MNS) chief Raj Thackeray for announcing his 'unconditional support' to the Bharatiya Janata Party-led alliance in the state for the upcoming Lok Sabha elections. BJP, Ajit Pawar-led NCP, and Shiv Sena led by Eknath Shinde are part of the ruling alliance in Maharashtra under the name of 'Mahayuti' alliance and will be contesting the upcoming Lok Sabha polls together. «Maharashtra Navnirman Sena (MNS) is unconditionally supporting the grand alliance of 'BJP-Shiv Sena-NCP...This support is only for Prime Minister Narendra Modi and the NDA alliance. Now everyone should prepare for the elections,» he said during a rally at Shivaji Park
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