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19.11 / 09:05
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Rajeev Misra’s OneIM upsizes to $8 billion to boost investments
SoftBank Vision Fund’s former co-chief executive officer Rajeev Misra, has upped its size by more than $1 billion this month to support its growing operations as it opens offices in countries such as Japan and India, according to people familiar with the matter. The fundraising has increased OneIM’s size to $8 billion, the people said, asking not to be named as the information is not public. The two-year-old fund plans to open an office in New Delhi, adding to its presence in New York, London, Abu Dhabi and Tokyo, they said. OneIM is backed by Abu Dhabi conglomerate Royal Group and Mubadala Investment Co., one of the emirate’s sovereign wealth funds, Bloomberg News reported earlier. The investment vehicle will look for lending and investment opportunities globally, and some of these deals could be in partnership with its existing backers, the people said.
19.11 / 08:35
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CEO
Sky News
2020
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FCA's Nikhil Rathi registers interest for top civil service job - reports
According to a report from Sky News, Rathi has thrown his hat into the ring, having been appointed to lead the UK financial watchdog by the Treasury in 2020, succeeding Andrew Bailey. Should the regulator's CEO be successful, it would not be his first foray into political life. Rathi served as private secretary to prime ministers Tony Blair and Gordon Brown from 2005 to 2008, before moving to the Treasury for half a decade to become director of the financial services group. FCA's Rathi calls for new approach to UK private markets to boost competition The FCA declined to comment, ...
19.11 / 07:45
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Colgate-Palmolive
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Colgate-Palmolive shares 0.44 per cent in Tuesday's trading session
Colgate-Palmolive (India) Ltd. 0.44 per cent to Rs 2762.50 in Tuesday's trade as of 01:02PM (IST) even as the benchmark Nifty ruled at 23754.85, 301.05 points. The scrip had closed at Rs 2750.35 in the previous session. The stock quoted a 52-week low of Rs 2151.55 and a high of Rs 3893.00. The company quoted a market-cap of Rs 74986.44 crore on the BSE.
19.11 / 07:45
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Courts
"I have not the read HC order": CM Sukhu on Himachal Bhawan attachment order
Sukhvinder Singh Sukhu on Tuesday said he has not yet seen the High Court's decision to attach Himachal Bhawan in Delhi but has taken information regarding it and will review the order. Speaking to reporters, Sukhu said, «I have not read the High Court order but the upfront premium is based on a policy under which when the energy policy was made in 2006, I was the main architect. We had kept a reserve price per megawatt on which the companies had bid. There was a decision made by arbitration in the matter of upfront premium...Our govt went to the High Court against the arbitration order and the government had to deposit Rs 64 crore in arbitration. I have taken information regarding the same and we will study about this type of order.» The Himachal Pradesh High Court on Monday passed an order to attach the Himachal Bhavan in Delhi's Mandi House after the Congress-led Sukhvinder Singh Sukhu government failed to clear overdue electricity bills.
19.11 / 07:45
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Income Tax Rule Change: Relief for companies, trusts and others for claiming benefit of lower tax, tax audit and others with new condonation of delay rules
All of these forms relate to trusts and educational institutions. While Form 10B and 10BB relate to tax audits by chartered accountant report, Forms 9A and 10 are used to get relief from income tax. CBDT through another circular issued on the same date has decided to condone delay in filing form 10-IC or Form 10-ID. These forms are used by domestic companies for applying for a lower rate of income tax.
19.11 / 07:37
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Voltas shares 1.14% as Nifty gains
Voltas Ltd. traded 1.14 per cent in Tuesday's trade at 12:58PM (IST). Around 45,821 shares changed hands on the counter. The counter opened at Rs 1700.05 and touched an intraday high and low of Rs 1731.40 and Rs 1695.90, respectively, in the session so far. Shares of the company of Voltas Ltd. quoted a 52-week high of Rs 1946.20 and a 52-week low of Rs 811.50.
19.11 / 07:21
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Provident
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Election
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Department
Maharashtra election: QR codes introduced in Thane to help voters with polling booths
He said the district administration has implemented several measures to engage voters and improve the overall turnout, including introducing a QR code system, which will guide voters across 18 assembly constituencies. The official said the QR codes will direct voters to their designated polling booths, providing them with critical information such as the exact location and address.
19.11 / 07:21
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Cummins India shares 0.28% as Sensex rises
Cummins India Ltd. 0.28 per cent to Rs 3361.60 in Tuesday's session as of 12:43PM (IST) even as the equity benchmark Sensex traded 1007.18 points at 78346.19. Earlier in the day, the stock witnessed a gap up start to the session. The stock quoted a 52-week high price of Rs 4169.50 and a 52-week low of Rs 1817.70 on NSE. Around 15165 shares changed hands on the counter till 12:43PM (IST).
19.11 / 07:21
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Ashok Leyland shares 1.08% as Sensex rises
Ashok Leyland Ltd. traded 1.08 per cent in Tuesday's session at 12:33PM (IST). The stock opened at Rs 217.85 and has touched an intraday high and low of Rs 223.35 and Rs 216.40, respectively, during the session so far. The stock quoted a 52-week high of Rs 264.70 and a 52-week low of 157.65. About 228,794 shares changed hands on the counter so far.
19.11 / 07:21
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Ambuja Cements shares 0.89% as Nifty gains
Ambuja Cements Ltd. traded 0.89 per cent in Tuesday's trade at 12:23PM (IST). Around 30,746 shares changed hands on the counter. The scrip opened at Rs 550.05 and touched an intraday high and low of Rs 560.00 and Rs 550.05, respectively, in the session so far. Shares of the company of Ambuja Cements Ltd. quoted a 52-week high of Rs 706.85 and a 52-week low of Rs 408.60.
19.11 / 07:21
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Investigations
An enticing offer and the shocker that followed: Delhi man duped of Rs 11 lakh, here's what happened
online job scam, losing Rs 11 lakh after being duped by fraudsters who claimed that he would get a job at an Oman university. The victim reported the incident to the Cyber Cell in North East Delhi, prompting authorities to launch an investigation into the matter. The scam began in May 2024 when the man received an unsolicited email from what appeared to be a legitimate recruitment firm.
19.11 / 07:21
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Digital
Platform
Instagram
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Features
Instagram reportedly facing major global outage. Check details
According to Downdetector, a website that monitors online outages, over 1,500 complaints have been registered about Instagram-related issues. The platform reports incidents only when problem reports significantly exceed the usual volume for that time of day.
19.11 / 07:19
Platform
Instagram
Trade
Monarchy
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Features
Instagram app down? Netizens flag glitch ‘stops working, feature down, other people having same problems…’
Instagram is experiencing technical glitches across the globe, with many netizens moving to X (formerly known as Twitter) to complain about the app not working.In a post on X, one user simply wrote: “Instagram stops working #instagramdown" with a meme attached.Also Read | THIS Royal family is 4x richer than Elon Musk and Bill Gates combined… its not the British monarchy Also Read | Donald Trump nominates Sean Duffy as Transportation Secretary — Who is he?Tracking site Downdetector has noted over 740 user complaints about the app being affected since 10.34 am today (November 19).It also reported that around 40 per cent of users experienced server issues, 41 per cent had login issues, 14 per cent saw their feeds interrupted.There is no official statement on the glitch from Instagram or parent company Meta Platforms yet.Also Read | Delhi police arrest Chinese national in ₹100 crore online stock trading cyber fraud caseLast month too, thousands of Instagram users flagged an outage. People were unable to send or receive direct messages on October 29, according to data available on Downdetector.
19.11 / 05:21
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security
Analysis
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Govt plans minority stake sale in 4 PSU banks: Report
The finance ministry is likely to seek approval of the federal cabinet in the coming months to dilute the stake in Central Bank of India, Indian Overseas Bank, UCO Bank, and Punjab and Sind Bank, the source said.
19.11 / 05:21
19.11 / 05:21
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Share price of Canara Bank as Nifty
Canara Bank 2.44 per cent to Rs 100.50 in Tuesday's trade as of 10:45AM (IST). The stock hit a high price of Rs 101.25 and low of Rs 98.70 during the session. The return on equity (ROE) for the stock stood at 18.4 per cent. Traded volume on the counter stood at 10:45AM shares and turnover at Rs 2.22 crore around that time. The stock of Canara Bank quoted a 52-week high price of Rs 129.35 and 52-week low prices of Rs 77.84, respectively.
19.11 / 05:21
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Stock market update: Nifty Pharma index 0.81% in an upbeat market
Granules India Ltd.(up 3.96 per cent), Natco Pharma Ltd.(up 2.04 per cent), Dr. Reddy's Laboratories Ltd.(up 1.93 per cent), Divi's Laboratories Ltd.(up 1.63 per cent) and Biocon Ltd.(up 1.59 per cent) were among the top gainers.
19.11 / 05:21
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Target
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Bottomline
reports
Buy Aartech Solonics, target price Rs 110: ProfitMart
ProfitMart has a buy call on Aartech Solonics with a target price of Rs 110. The current market price of Aartech Solonics is Rs 66.03. The time period given by the analyst is 12-18 months for Aartech Solonics price to reach the defined target. The company, incorporated in 1982, is a Small Cap company with a market cap of Rs 214.93 crore, operating in Industrial Equipment sector. Aartech Solonics' key products/revenue segments include Electrical Machines and Sale of services for the year ending 31-Mar-2024.
19.11 / 05:21
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Honasa Consumer shares extend losses for second session, shed 34% in 2 days
Honasa Consumer, the parent company of Mamaearth, extended losses for the second consecutive session, falling 34% over two days to their 52-week low of Rs 242.60 on the BSE, after the company’s Q2 results disappointed the Street. Mamaearth shares fell by 18% in Tuesday's session, following a 20% decline in yesterday's trade.
19.11 / 05:05
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REC share price 3.77 per cent
REC Ltd. traded 3.77 per cent up at Rs 520.00 at around 10:19AM (IST) on Tuesday. The stock had closed at Rs 501.10 in the previous session. Equity benchmark Sensex traded 761.46 points at 78100.47 around the same time.
19.11 / 05:05
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Buy Ambuja Cements, target price Rs 601: Axis Securities
Axis Securities has a buy call on Ambuja Cements with a target price of Rs 601. The current market price of Ambuja Cements is Rs 548.55. Ambuja Cements, incorporated in 1981, is a Large Cap company with a market cap of Rs 134708.22 crore, operating in the Cement sector. Ambuja Cements' key products/revenue segments include Cement, Other Operating Revenue and Scrap for the year ending 31-Dec-2021.
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