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19.02 / 09:37
Action
Death
performer
hospital
reports
Alexei Navalny's body found with 'bruises’ on head, chest; Russian authorities stalling autopsy, says report
Alexei Navalny's head and chest were bruised. The development came as the legal team and the family of Alexei Navalny accused Russian authorities of not handing over his body and acting as "murderers" attempting to conceal their actions. “As an experienced paramedic, I can say that the injuries described by those who saw them appeared to be from convulsions.
19.02 / 09:37
markets
Compilation
trends
performer
reports
rowing
Are PSU stocks riding a bubble? mixed results cast doubt on the rally
Also Read: Nifty 50 touches new all-time high, extends gain for 5th day in a row However, amidst this bullish trend, analysts have raised questions regarding the continuity of the PSU stock rally. This skepticism arises from the mixed performance exhibited by PSU companies in the third quarter (Q3). Companies in the BSE PSU Index beat analysts’ expectations by a mere 1% in the three months end December, the slowest pace in six quarters, according to data compiled by Bloomberg.
19.02 / 09:37
Citi
Reuters
Aviat
Manufacturing
Research
reports
International
Tata Group companies Air India and TASL to invest ₹2,300 crore in manufacturing, R&D hub in Karnataka
Air India and Tata Advanced Systems (TASL), are set to invest ₹2,300 crore in Karnataka, towards establishing a Maintenance Repair and Overhaul (MRO) facility in Bengaluru, envisioning the city as the aviation hub of South India, PTI reported on February 19. The investment is aimed at fostering economic growth and employment opportunities in the state, it added.
19.02 / 09:37
markets
Target
Manufacturing
Strategy
Healthcare
Amicus
reports
NIIF invests ₹207 crore in Amicus Capital
₹207 crore ($25 million) to the second fund of India-focused growth capital fund Amicus Capital Partners. The investment is from NIIF Fund of Funds – I, the first fund under NIIF’s Private Markets business. The commitment underscores NIIF's intent to back "fund managers who are executing a well-defined investment strategy in a disciplined manner with a strong team", said Anand Unnikrishnan, managing partner – private markets, NIIF, in a release.
19.02 / 09:37
markets
Booking
Gap
Sustainability
cover
reports
Unless you are averse, buying PSU stocks seems like a no-brainer, says Emkay
BSE PSU index has soared over 97 percent in the last 1 year and over 22 percent in 2024 YTD. Just in Feb, the index has advanced 10 percent, extending gains for the fourth straight session. Before this, it rose 11.2 percent in January 2024, 15.3 percent in December 2023 and 10.3 percent in November 2023.
19.02 / 09:37
markets
Experts
information
reports
recommendations
Remedium Lifecare share price hits 20% upper circuit ahead of stock split record date
1:5 stock split: Shares of Remedium Lifecare Ltd is one of the multibagger stocks that the Indian stock market has delivered in recent years. The multibagger stock has risen to the tune of 1700 percent in the last one year. However, it seems that the multibagger stock still possesses some upside potential.
19.02 / 09:37
UPS
Strategy
War
electronic
reports
Defence stocks to benefit from ₹84,560-cr contract from defence ministry, says Nuvama; picks BEL, HAL, Data Patterns
₹84,560 crore. In its report, brokerage house Nuvama Institutional Equities stated that the Ministry of Defence had taken a tactical move based on lessons learned.
19.02 / 09:25
UPS
Citi
wellness
Healthcare
reports
patient
rights
stake
Dr BS Ajaikumar on CVC selling Healthcare Global controlling stake, future plans and more
Dr BS Ajaikumar, Executive Chairman, Healthcare Global, says they are focussed on achieving margin and growth will definitely happen. The challenge has been that with the new centres coming in, while the mature centres are giving a margin of over 22%, the best centres gives a margin of close to 30%. So, while this is happening, they plan to do a few more M&As. That will bring down the margin level. But even with that, Ajaikumar is confident that margin will be in the upper teens, reaching close to 20% towards the last quarter of next year (FY25-26). According to reports, CVC Capital is looking to sell stake in Healthcare Global. They hold 60.4% stake. Any indication how much they are going to sell? Will that trigger an open offer? Dr BS Ajaikumar: Yes, as I always say, the best person to answer is CVC. If they do plan to exit, they have to sell 60%. Yes, it will be an open offer also and from what we understand, they will be the best persons to answer these questions. As far as HCG is concerned, we have really made no change in the plans. We think we are on a very good growth trajectory.
19.02 / 08:41
SUN
WhatsApp
wellness
students
reports
Schools
British cops face misconduct charges over Indian-origin teen stabbing case
misconduct hearing after it emerged that he had shared details of injuries via WhatsApp following a stabbing attack on an Indian-origin teenager and her friend in Nottingham last year. According to a report in ‘The Sun' newspaper on Monday, a misconduct hearing last month heard how the officer posted details about students Grace O'Malley-Kumar and Barnaby Webber as well as school caretaker Ian Coates soon after they were killed during a knife attack spree by Valdo Calocane in the central England city in June 2023. Think you check all the immigration boxes? Find out A second officer, Police Constable (PC) Matthew Gell, is said to have passed on the “distasteful” message to his wife and a friend.
19.02 / 08:07
markets
UPS
FIVE
economy
tenor
reports
China seen cutting mortgage reference rate for first time since June
China is widely expected to trim its benchmark mortgage reference rate at a monthly fixing on Tuesday, as banks' improving net interest margins give authorities some leeway to use monetary stimulus to shore up faltering economy growth. The loan prime rate (LPR) normally charged to banks' best clients is calculated each month after 20 designated commercial banks submit proposed rates to the People's Bank of China (PBOC).
19.02 / 08:07
IPO
Manufacturing
Platform
Trade
Juniper
band
reports
Interiors & More IPO issue subscribed over 45% so far on Day 3. Check details
The book-building issue will end on February 20. The price band has been set at Rs 216-227 per equity share. The shares will be listed on the NSE Emerge platform.
19.02 / 07:35
19.02 / 07:21
Strategy
Election
Bill
crypto regulation
reports
South Korea’s Ruling Party Seeks Cryptocurrency Tax Delay as Election Promise
South Korea’s ruling People Power Party is advocating for a two-year postponement of the taxation on gains from cryptocurrency investments.
19.02 / 05:17
FIVE
Cooper
Ball
security
reports
recommendations
Courts
Farmers protest: Centre proposes five-year plan during 4th round of talks, ball in farmers’ court now
Post the fourth round of talks, the ball is now in the farmers’ court as the Centre proposed the government’s intention to purchase pulses, maize, and cotton crops from farmers at minimum support prices (MSP) for five years through contractual agreements. Following this development, the ‘Delhi Chalo’ march was put on hold but may resume on February 21 if issues are not resolved by Tuesday, as reported by PTI.
19.02 / 05:17
19.02 / 05:17
Provident
Action
country
reports
prevention
International
compliance
RBI’s warning to fintechs: How do international compliance standards impact fintechs in India? Know about GDPR or AML directives
The BFSI sector has grown by leaps and bounds, transitioning India from a primarily cash-driven economy to one that is now highly digitised. Fintech, today, has entered the mainstream, focusing on increasing profitability and curtailing risk. The fintech ecosystem has witnessed tremendous technological advancements and is projected to grow sixfold from $245 billion to $1.5 trillion by 2030. The Asia-Pacific region is expected to outpace the US and climb up the ranks to become the world’s leading fintech market by 2030.
19.02 / 03:41
Provident
Target
Digital
Aware
Mobile
wellness
reports
Army plans Rs 57,000 crore project to replace T-72 tanks with modern combat vehicles
Indian Army, with a strength of 12 lakhs, is preparing for a significant upgrade of its current tanks and the induction of new-generation tanks for future battles. In a TOI report, senior officers have stated that the extensive destruction of Russian tanks in the ongoing Ukraine conflict, primarily in the initial days, was more due to «poor tactics» than anything else. They noted that Russia deployed tanks without adequate logistics support and failed to provide sufficient backup from infantry, artillery, electronic warfare, and close-air support units. According to a senior officer, "Combined-arms operations" were critical and missing in the conflict. Tanks remain essential for both offensive and defensive operations, offering mobility, firepower, and armored protection crucial for large-scale ground battles.
19.02 / 03:41
markets
UPS
FIVE
security
reports
Schools
stake
Adani group in advance talks to raise $2.6 billion; may trim stake in airport, green hydrogen units
Adani Group is reportedly in advanced discussions with prominent sovereign funds based in West Asia to secure funding of up to $2.6 billion. This potential move to raise funds is part of the conglomerate's expansion plans for airport infrastructure and green hydrogen projects, Business Standard reported. Adani Group has embarked on a series of roadshows in key financial hubs such as London, Dubai, and Singapore. During these engagements, Adani executives have been briefing potential investors on the company's future endeavors.
19.02 / 03:11
UPS
IPO
Election
Celebrity
reports
Courts
Investigations
Top Events of the Day: PM Modi to inaugurate projects in UP, Arvind Kejriwal gets 6th summon for Delhi liquor scam case
₹91,000 crore, while Maharashtra celebrates Chhatrapati Shivaji Jayanti. Meanwhile, legal eagles are on the lookout as the Supreme Court hears Sharad Pawar's plea on NCP leadership and Chandigarh Mayor Polls case unfolds. Investigations heat up with Arvind Kejriwal facing 6th ED summons in the Delhi liquor scam, and Mahua Moitra and Mukul Roy summoned in separate cases.
19.02 / 03:11
Provident
Booking
Manufacturing
Action
Enterprise
reports
Department
Stocks to Watch: Quess Corp, Hero MotoCorp, Chalet Hotels, LIC, Paytm, RVNL
Quess Corp: The recruitment firm has said it will be demerged into three listed entities– Quess Corp Ltd, Digitide Solutions Ltd, and Bluspring Enterprises Ltd. The new Quess Corp will handle workforce management; Digitide Solutions will provide business process management solutions and insurtech; and Bluspring Enterprises will offer facility management, industrial services and investments. The demerger is expected to attract investment, improve capital allocation and boost growth.
19.02 / 03:11
markets
UPS
Target
Trade
reports
recommendations
Weekend
Indian stock market: 7 key things that changed for market over weekend - Gift Nifty to rise in US producer price index
Sensex surged 376.26 points, or 0.52%, to end at 72,426.64, while the Nifty 50 settled 129.95 points, or 0.59%, higher at 22,040.70. “Indian markets showed resilience despite volatility. Q3 earning season has ended on a buoyant note with Nifty delivering a strong beat with a 17% YoY PAT growth versus estimates of +11%.
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