Gap Financial News

12.07 / 08:41

Blockchain Ethereum Provident Progressive Platform Gap Remark AI Pioneers: InQubeta (QUBE) and Fetch (FET) Eye Prominent Spot Among Crypto's Elite

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12.07 / 08:33

COST Extreme Gap Strategy Destiny Atrangii TV to air Korean, Turkish and Russian content

Atrangii TV, a free-to-air Hindi general entertainment channel owned by Vibhu Agarwal, will air international language content dubbed in Hindi, with English subtitles for the audiences, starting 17 July. This will include Korean, Turkish, Russian and other international family drama series that will cater to female and male audiences in the 15 plus age group. While costs of content creation are skyrocketing, entertainment industry experts point out licensing and syndication can prove cheaper for companies.

12.07 / 08:27

UPS Lowe's Gap SENSEX Power Adani Power shares decline 1.39% as Sensex climbs

Adani Power Ltd. traded at Rs 240.7 on BSE at 01:28PM (IST) on Wednesday, down 1.39 per cent from previous close. The stock quoted a 52-week low price of Rs 132.55 and a high of Rs 432.8.

12.07 / 04:35

COST UPS Gap Assurant Citigroup Critical mineral shortages to ease on investment surge, IEA Says

critical minerals are looking less likely to stymie the transition to a low-carbon economy, the International Energy Agency said in a new report tracking a surge of investment into the mining sector. Investment in the industry has jumped 50% over the past two years, driven chiefly by increases in lithium projects, and a host of newly announced projects indicates that supply is catching up with an anticipated boom in demand through to the end of the decade, the agency said in the report published Tuesday.

12.07 / 02:59

Gap SENSEX Investors prefer small cap funds amid bullish sentiment

In June, the small cap mutual funds reported an addition of 6. 9 lakh folios, the highest monthly addition for an equity fund segment after excluding sector reclassification impact of multi cap funds in January and February 2021. According to data from the Association of Mutual Funds in India (AMFI), cumulative folio addition over the past three months in this category was 13. 7 lakh, accounting for 53% of the total folio addition in the equity segment. In addition to the lure of valuation gap with large-caps, there are two more factors which have triggered interest in small-cap companies.

12.07 / 00:51

UPS Aware Gap week SBI to sell up to Rs 10,000 crore of AT-1 bonds this week

State Bank of India, the country's largest mass lender, is set to raise up to ₹10,000 crore of funds through the issuance of additional tier-1 bonds this week.SBI's AT-1 bond sale is likely to have a base size of ₹3,000 crore and a green shoe option of ₹7,000 crore as the bank looks to raise capital amid strong credit growth, sources aware of the development said. Bidding for the bond sale is seen taking place from 10:30 to 11:30 am on July 13.

11.07 / 20:49

COST UPS Citi Gap India plans LNG terminal in Iraq

NEW DELHI : India is planning to build a liquefied natural gas (LNG) terminal in Iraq as it looks to diversify supplies and strengthen its energy security, a government official said. The terminal will liquify some portion of the gas currently flared by Iraq and transport it to India, where it will be converted back to LNG for use in city gas distribution as well as power, fertilizer, and steel sectors. A team from state-run Indian Oil Corp.

11.07 / 18:39

UPS Progressive Manufacturing Gap Apple HON Foxconn eyes partner for new chip venture

New Delhi: A day after withdrawing from the $19.5 billion joint venture (JV) with Vedanta, the world’s largest contract manufacturer Foxconn said it remains committed to building India’ssemiconductor ecosystem and will begin afresh with new partners. In a statement Foxconn said it has initiated talks with both Indian as well as global companies for a potential partnership and will resubmit its application to the government under the Modified Programme for Semiconductors and Display Fab Ecosystem policy.

11.07 / 18:39

Target MET Digital Gap Interface SpaceX ‘India, UK to target semiconductors, AI in new advanced tech pact’

. The agreement will foster collaboration on semiconductors, high performance computing and artificial intelligence, among other key technologies. Freeman indicated that British investments in the Indian semiconductor ecosystem could be seen in the next year or two.

11.07 / 15:33

Provident MET Gap RIG Adani stock probe: Get to the nub of the matter

India’s stock market regulator was drawn into an unseemly swirl of suspicions raised by US-based Hindenburg’s report of 24 January that alleged the Adani Group was a “corporate con" while accusing it of share-price manipulation for dubious gains, among other things, all flatly denied by Adani. The Securities and Exchange Board of India (Sebi) recently proposed tighter ownership disclosure norms for foreign portfolio investors (FPIs), calibrated by risks entailed by concentrated holdings in very few firms—as some FPIs have had in Adani companies, placing them in the eye of this storm.

11.07 / 15:29

COST FIVE Gap Remark Bangladesh, India launch trade transactions in rupees

Bangladesh and India on Tuesday launched a much-anticipated trade transaction in rupees, a move aimed at reducing dependence on the US dollar and strengthening regional currency and trade. This is the first time Bangladesh has done bilateral trade with a foreign country in addition to the US dollar.Bangladesh Bank Governor Abdur Rouf Talukder described the start of trade settlement in rupees as the «first step in a great journey».

11.07 / 11:01

UPS Provident Manufacturing Gap Training Colleges Bajaj Auto to partner with top universities, engineering colleges to set up training centres

Bajaj Auto on Tuesday said it will collaborate with top universities and engineering colleges to set up training centres where students can get hands-on experience to upskill themselves. The training centres will impart advanced skill training to engineering graduates — with both degrees and diplomas — and help address the skill gap in the manufacturing industry, Bajaj Auto said in a statement.

11.07 / 10:39

UPS Target Williams Progressive Gap Assurant rate hikes Fed officials sound hawkish tone on rate hikes

Three Federal Reserve officials on Monday said policymakers will need to raise interest rates further this year to bring inflation back to the central bank’s goal.

11.07 / 08:37

Lowe's Gap SENSEX Holdings Bajaj Holdings shares decline 1.06% as Sensex climbs

Bajaj Holdings & Investment Ltd. traded at Rs 7104.75 on BSE at 01:53PM (IST) on Tuesday, down 1.06 per cent from previous close. The scrip quoted a 52-week low price of Rs 4532.2 and a high of Rs 7490.0.

11.07 / 08:35

Target Gap Oppo expects to sell 83 pc more Reno 10 series than previous version, seeks to tap festive season: Report

Reno 10 series to set the pace of business during the upcoming festive season. As per a report by Economic Times, the smartphone maker has planned a slew of launches in the coming months to tap festive season in the country. Speaking at the event, Oppo India chief marketing officer Damyant Singh Khanoria, said “We are looking at an 83 per cent increase in the overall volume of sales of the Reno10 series versus the previous generation.

11.07 / 06:43

UPS Lowe's Gap SENSEX ICICI Lombard shares rise 0.38% as Sensex climbs

ICICI Lombard General Insurance Company Ltd. traded at Rs 1348.2 on BSE at 11:57AM (IST) on Tuesday, up 0.38 per cent from previous close. The scrip quoted a 52-week low price of Rs 1049.1 and a high of Rs 1369.0.

11.07 / 02:23

COST UPS FIVE Manufacturing Gap Power Long-term trading opportunities available in power sector: Raunak Onkar

" So, I want to understand the impact of cost of capital on your portfolio from here on. We have seen very sharp interest rate hikes in US where you have bulk of your overseas portfolio in the last 18-20 months," says Raunak Onkar, PPFAS MFI was looking at your fund breakup. You have 65% in Indian equity, 35% outside of India, so which part is more richly valued and which part is more attractively valued right now — global equities or Indian equities? I just like to make one correction, at the moment we do not have 35% invested, that is the maximum limit for foreign investments.

11.07 / 00:53

Provident Digital BitPanda Platform Gap Bitpanda crypto exchange spins out with €30m funding

Rebranded as One Trading, the crypto exchange has now fully separated from digital investment platform Bitpanda, although the latter still retains a stake in tis former subsidiary.

11.07 / 00:45

Gap Everest Infosys BPM saw slowest growth in 6 years as revenue drops from top clients in FY23

Infosys’ business process management (BPM) arm – the largest subsidiary of the IT company – last fiscal year recorded its slowest growth since 2016-17, hurt by a decline in revenue from its top accounts and the nature of deals where the bulk of the proceeds were already accounted for in the previous two years. Revenue at $934 million for the year ended March 31 grew at 4.2% from the year before. Operating margin of 17% was the narrowest in at least a decade.

11.07 / 00:17

COST Target MET Manufacturing Gap Power ‘Blind rush’: Manufacturers plea for coal power extension

Manufacturers called for baseload coal power stations to be kept running longer to keep electricity supply secure as the pace of the energy transition needed to meet 2030 climate targets falls far behind.

10.07 / 17:05

Target Gap Oppo expects to sell 83 pc more Reno 10 series than previous version

Smartphone maker Oppo expects its Reno 10 series sales volume to be 83 per cent higher in India compared to the previous version, a senior official of the company said on Monday. The company expects Reno 10 series to set the pace of business during the upcoming festive season. «We are looking at an 83 per cent increase in the overall volume of sales of the Reno10 series versus the previous generation.

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