Reports Financial News
26.04 / 08:05
markets
UPS
Entertainment
Strategy
Trade
reports
Tech Mahindra’s strategy gives hope, but watch out for risks along the way
Tech Mahindra will take several steps, including scaling up capabilities in key markets and service lines, focusing on top accounts, and implementing a cost-optimization programme named Project Fortius, which is expected to yield an average benefit of $250 million annually over FY25-FY27, according to management. Additionally, the company plans to consistently hire freshers to improve its workforce structure over the medium term. The management also aims to increase its return on capital employed (RoCE) to over 30% and return at least 85% of the free cash flow to investors by FY27.
26.04 / 08:05
COST
Target
Digital
Booking
show
performer
reports
IndusInd Bank Q4 results review: What HSBC, Jefferies and other brokerages make of the lender's earnings report
IndusInd Bank shares fell 2 percent in intra-day deals today, April 26, after some brokerages cut EPS (earnings per share) estimates for the private sector lender despite it posting a 15 percent jump in its March quarter (Q4FY24) net profit. The bank reported a 15 percent rise in net profit at ₹2,349 crore in Q4FY24 versus a net profit of ₹2,043 crore in the year-ago period. Meanwhile, net loans grew 18 percent, outpacing the 14 percent growth in deposits.
26.04 / 07:39
markets
security
Election
President
show
reports
International
Chart beat: The spectre of US elections and Trump 2.0 put equities under a cloud
As investors grapple with geopolitical tensions and ambiguity on interest-rate cuts by the US Federal Reserve, another risk looms – the upcoming US Presidential election. A survey in April by Bofa Securities showed that global fund managers see the US election as the third-biggest risk to their portfolios, with 12% of respondents expressing caution regarding this. In Bofa's February survey, it was at the fifth spot.
26.04 / 07:39
Remark
Election
President
country
reports
rights
BJP ignores EC warning! JP Nadda echoes PM Modi's remark, says ‘Congress plots to transfer SC-ST rights to Muslims’
Prime Minister Narendra Modi's comments on Muslims, Nadda once again accused the Congress and INDI alliance of having a hidden agenda. Also Read: Lok Sabha Election 2024 Voting Live He alleged that they plan to take away the rights of lower-caste groups (SC, ST, and OBC) and give them to Muslims.
26.04 / 07:21
UPS
Remark
Trade
performer
reports
Multibagger Stock: MOIL share price zooms over 50% in April so far, gains 178% in a year
₹443 per share with a gain of 2.5%. In the last four trading sessions alone, the stock has surged by an impressive 31.30%. Since hitting its lows in March 2024, the stock has seen a remarkable 61% increase in value.
26.04 / 07:21
Waters
BBC
love
Experts
social
reports
bowling
Hate showering daily? Experts agree, say, 'No proven health benefits'
BBC report, experts have said that daily showers offer no proven health benefits. They have dismissed this practice as a socially accepted norm aimed at avoiding body odour. While speaking to BBC, environmentalist Donnachadh McCarthy said, “Why are we washing? Mostly because we’re afraid somebody else will tell us that we’re smelling." McCarthy, who now showers once a month, explained that his decision stemmed from his experience spending two weeks with the indigenous Yanomami people in the Amazon rainforest.
26.04 / 07:21
UPS
Waves
students
Universities
War
reports
Indian-origin student Achinthya Sivalingam arrested, banned for pro-Palestine protest at Princeton University: Report
India Today reported. Achinthya Sivalingam, who hails from Tamil Nadu's Coimbatore and was brought up in Columbus, Ohio, has been banned from the University, for participating in the agitation within the campus premises, pending a disciplinary process. She was arrested along with fellow student, Hassan Sayed.
26.04 / 07:21
markets
Target
Strategy
Trade
Experts
reports
Commentary
Zensar Tech share price surges 12% after healthy Q4 result, upbeat management commentary
Zensar Technologies witnessed strong buying interest, surging as much as almost 12 per cent, in intraday trade on Friday, April 26, a day after the company reported its March quarter scorecard. Zensar Tech share price opened at ₹596.65 against its previous close of ₹575.20 and surged 11.6 per cent to the level of ₹641.75 on BSE. Around 11 am, Zensar Tech share price traded 9.64 per cent higher at ₹630.65 apiece.
26.04 / 07:21
COST
Election
Justice
electronic
reports
Courts
Supreme Court on EVM-VVPAT cross-verification: What judges said in the verdict?
Supreme Court on Friday dismissed petitions that called for comprehensive cross-verification of votes cast using Electronic Voting Machines (EVMs) with Voter Verifiable Paper Audit Trail (VVPAT). A bench of Justices Sanjiv Khanna and Dipankar Datta delivered two separate but concurring judgments on the matter. Here are the key takeaways from the hearing: 1.
26.04 / 07:21
UPS
wellness
Diversity
show
information
reports
CIBIL: How do personal loans affect your credit score?
CIBIL score, depending on how you manage them. It is vital to ensure that you do not miss any instalment towards repayment of loan. Defaulting on a personal loan can substantially damage your credit score.
26.04 / 07:21
markets
UPS
wellness
trends
Trade
information
reports
GG Engineering shares hit upper circuit after Q4 results 2024 despite weak stock market trends
Indian stock market, GG Engineering share hit the upper circuit during Friday deals. GG Engineering share price today opened upside and touched a 5 percent upper circuit within a minute of the stock market's opening bell. While hitting the upper circuit on Friday, the small-cap stock priced below ₹5 locked in the upper circuit for the third straight session.
26.04 / 07:21
UPS
Target
Cycling
Neogen
reports
recommendations
Neogen: Kotak Institutional recommends buying the stock, says firm has first-mover advantage in EV battery chemicals
Neogen Chemicals, the fast-growing speciality chemical company, is gearing up for a multifold scale-up in the coming years by virtue of being the first mover and arguably the most credible entrant in India’s promising EV battery chemicals space, said domestic brokerage firm Kotak Institutional Equities. In its recent report, the brokerage initiated coverage on Neogen stock with a 'buy' rating and a target price of ₹1,840 apiece.
26.04 / 07:05
UPS
Booking
Man
Airlines
security
reports
ID from app, uniform from Dwarka: How a 24-year-old UP man impersonated Singapore Airlines pilot
pilot of Singapore Airlines. The man is said to be a 24-year-old youth from Gautam Budh Nagar, Uttar Pradesh. He was booked for posing as a pilot with Singapore Airlines in front of CISF personnel. The CISF is in charge of airport security across the country.
26.04 / 06:53
UPS
security
WhatsApp
trends
Trade
reports
GAIL share price up 0.52 per cent
GAIL (India) Ltd. traded 0.52 per cent up at Rs 209.15 at around 12:17PM (IST) on Friday. The stock had closed at Rs 208.05 in the previous session. Equity benchmark Sensex traded 195.49 points lower at 74143.95 around the same time.
26.04 / 06:53
markets
UPS
Trade
Colgate-Palmolive
show
reports
Colgate-Palmolive shares up 0.9% as Nifty drops
Colgate-Palmolive (India) Ltd. traded 0.9 per cent up in Friday's trade at 12:07PM (IST). Around 3,943 shares changed hands on the counter. The stock opened at Rs 2794.05 and touched an intraday high and low of Rs 2840.15 and Rs 2791.45, respectively, in the session so far. Shares of the company of Colgate-Palmolive (India) Ltd. quoted a 52-week high of Rs 2840.15 and a 52-week low of Rs 1535.85.
26.04 / 06:53
UPS
WhatsApp
Trade
show
reports
Share price of Marico jumps as Sensex drops 165.54 points
Marico Ltd. gained 1.35 per cent to Rs 517.0 at 12:12PM (IST) in Friday's trade. The counter hit a high of Rs 518.65 and low of Rs 511.05 so far during the session. The stock had closed at Rs 510.1 in the previous session. The counter had a total traded volume of 12:12PM shares so far with a turnover of Rs 1.15 crore on BSE. The stock traded at a price-to-earnings multiple of 45.04 and a price-to-book ratio of 16.29.
26.04 / 06:53
markets
Provident
Platform
stage
Latin
reports
Schools
Capria Ventures announces final close of India Opportunity Fund at Rs 153 crore
investment firm Capria Ventures has concluded the fundraising for its India Opportunity Fund at Rs 153 crore (around $19 million). Previously known as Unitus Ventures, Capria had announced the first close of the fund at Rs 80 crore in February 2023.
26.04 / 06:53
COST
Target
Sustainability
Trade
performer
reports
IndusInd Bank shares fall 2% post Q4 results. Should you buy, sell or hold?
IndusInd Bank shares fell 2% to Rs 1,469 in Friday's trade on BSE after the firm reported its March quarter results. Private sector lender reported a 15% year-on-year (YoY) jump in its March quarter net profit at Rs 2,347 crore, which was higher than the Street estimate of Rs 2,041 crore. Its net interest income or NII rose 13.9% to Rs 5,376 crore during the quarter.
26.04 / 06:09
FIVE
Citizens
Election
hospital
reports
rights
cricket
Narayana Murthy sets example for youngsters; comes from hospital bed to cast vote
Infosys co-founder NR Narayana Murthy and his wife Sudha Murty set an inspiring example by casting their votes early despite challenges. Narayana Murthy, 77, who was reportedly unwell and hospitalized, took special permission from hospital authorities to exercise his democratic right.
26.04 / 06:09
Waters
Election
WhatsApp
stage
reports
Traffic
Telangana polls: BJP's KV Reddy tops richest list with Rs 4,568 cr, 8 candidates have over Rs 100 cr assets
In Telangana, eight Lok Sabha candidates have disclosed family assets exceeding Rs 100 crore, with K Vishweshawar Reddy, the BJP contender from Chevella, leading with Rs 4,568 crore. Notably, the top three wealthiest candidates are all vying for the Chevella Lok Sabha seat. Ranjit Reddy, the Congress candidate from Chevella, ranks second with family assets valued at Rs 435.33 crore, including Rs 23 crore in liabilities. His family has Rs 294.33 crore worth movable assets while immovable at Rs 141 crore.
26.04 / 06:09
UPS
Digital
Mobile
economy
inclusion
reports
Kotak Bank reveals how Indian banks fail to keep up with Modi's ambitions
Narendra Modi wants to export India’s digital payments system to the world. That plan now risks stumbling as clunky technology used by Indian lenders fails to keep up with his ambitions. In recent years, the fastest-growing major economy has invested in a vast ecosystem of technologies to increase financial inclusion and pull hundreds of millions of Indians into the digital marketplace. Today, the nation’s homegrown payments system, United Payments Interface, or UPI, is used to pay for practically everything, from expensive jewelry to a 10-rupee cup of piping hot tea. Also Read: RBI asks Kotak Mahindra Bank to stop issuing fresh credit cards, onboarding fresh customers via mobile banking
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