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07.06 / 07:45
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CarTrade Tech share price target raised on bullish outlook; analysts see 45% upside
₹1,120 from ₹1,020, citing a potential upside of 45% for the firm. The firm has retained its 'buy' recommendation for the used vehicle dealers company shares.
07.06 / 07:27
UPS
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Food
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Jubilant Food shares down 1.03% as Sensex rises
Jubilant Foodworks Ltd. fell 1.03 per cent to Rs 516.2 in Friday's session as of 12:47PM (IST) even as the equity benchmark Sensex traded 1414.56 points higher at 76489.07. Earlier in the day, the stock witnessed a gap up start to the session. The stock quoted a 52-week high price of Rs 586.35 and a 52-week low of Rs 420.85 on NSE. Around 30343 shares changed hands on the counter till 12:47PM (IST).
07.06 / 07:17
Booking
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GRSE shares surge 8% after it becomes L1 bidder for DRDO order
Shares of Garden Reach Shipbuilders & Engineers (GRSE) zoomed 8% on Friday on BSE to the day’s high of Rs 1,048 as the company became the lowest bidder (L1) for the construction of a Research Vessel for Defence Research and Development Organisation (DRDO). «We wish to inform you that the Company has become the Lowest bidder (Ll) for the construction of a Research Vessel for the Defence Research and Development Organisation (DRDO). The order value is likely to be Rs. 500 crores approx,» said the company in a filing to the exchanges.
07.06 / 07:11
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CMF Phone 1 by Nothing confirmed to launch soon: Expected specs, India price and all we know so far
Carl Pei recently confirmed in a post on X (formerly Twitter) that the company's flagship smartphone, the Nothing Phone (3), will be released next year“Expect this to be improved and gradually introduced, starting with Phone (3) next year. It’s important we get the product right, integrating hardware and AI in a way that is both useful and brings a smile to people’s faces." Pei recently said in a post on X.
07.06 / 07:11
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rights
‘India set to have world’s largest developer community,' says GitHub CEO Thomas Dohmke
'Buy stocks before June 4!': Rahul Gandhi blames Modi, Shah for ‘share market scam’, investors' ₹30 lakh crore lossHe also acknowledged about India's potential to become home to the world's largest developer community in the "age of AI"."India is at the nexus of monumental economic opportunity, as it is set to become the world’s largest developer community at the exact point in time the age of AI is taking off. More from me on this soon," he stated.Also Read | RBI to allow auto refill of UPI Lite wallet soon, here’s what Governor Shaktikanta Das said…In subsequent posts throughout the week, Dohmke was all praise for the country's "vivid creative expression" and AI innovation."It’s not just how you will build with AI, it’s the AI innovation you will build right here in India.
07.06 / 06:57
markets
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Cycling
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Is the worst seemingly behind for Indian chemical players?
several chemical stocks are still 10-33% away from hitting their 52-week high, which is indicative of the potential upside. "The chemical sector appears to be at the bottom of the cycle, indicating potential recovery ahead," said Resham Jain, fund manager at DSP Mutual Fund.
07.06 / 06:57
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No one wants a new car now. Here’s why.
It’s not just the political class. America’s fleet of cars and trucks is also getting long in the tooth. Last month a study by S&P Global Mobility reported the average age of vehicles in the U.S.
07.06 / 06:57
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Karnataka HC grants anticipatory bail to Bhavani Revanna in kidnap case linked to son Prajwal
Prajwal Revanna's mother, Bhavani Revanna, in a case filed against her on Thursday, reported Bar and Bench. However, the court has asked Bhavani to ensure cooperation with the probe and not enter Hassan district or KR Nagar in Mysore.On June 1, the Special Investigation Team (SIT) had issued a notice to Bhavani asking her to be present at her home as there was a need to question her in the kidnap case linked to allegations of sexual abuse against her son.
07.06 / 06:57
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Short on cash, rich in gold? Here’s how a gold loan can put more money in your pocket
loan-to-value (LTV) for gold has increased by nearly 20% in the last one year. Gold LTV, which was hovering around ₹4170 per gram during the last week of May, has zoomed to about ₹5000 per gram now, data with the Association of Gold Loan Companies (AGLOC) India showed.Simply put, a sovereign of 22-carat gold (8 grams) would get you a loan amount of about ₹40000 now compared to around ₹33300 a year ago.
07.06 / 06:57
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The American company trying to keep Ukraine’s nuclear reactors online
RIVNE, Ukraine—After Russia’s full-scale military invasion, Ukraine abruptly stopped buying nuclear fuel from Moscow, its top supplier in an industry that accounted for more than half of the country’s electricity generation. Now, a storied name in American industry is stepping in to keep reactors running, and offering other countries reliant on Soviet-designed power plants an alternative supplier. Westinghouse Electric, which for two decades struggled to challenge Russia’s dominant position in Ukraine, now makes fuel bundles that are compatible with all of the country’s reactors and is working on a plan that could allow Ukraine to start making some of that fuel itself.
07.06 / 06:11
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mountaineering
Pro skier, girlfriend die after 700-metre fall off mountain in Italian Alps
Italian Alps.The Italian Winter Sports Federation (Federazione Italiana Sport Invernali) announced the news of Jean Daniel Pession and Elisa Arlian’s deaths on Saturday. In a statement written in Italian, the federation called the incident a “tragic misfortune.”According to the national Italian broadcaster Rai News, 28-year-old Pession and 27-year-old Arlian fell the great height from a spot near the summit of Monte Zerbion in Aosta Valley.The climbing route was reportedly familiar to both Pession and Arlian, who were Italian.As is standard practice among mountaineers, the couple were wearing a safety rope to link them together.
07.06 / 06:11
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Woman claims to be Pennsylvania girl who vanished 39 years ago
Pennsylvania bus stop in 1985, has been left devastated by an online post from a woman who says she is her long-lost daughter.The claim was made in May on a Facebook group dedicated to memories of Mahan, reported Pennsylvania newspaper the Butler Eagle.On May 31, Mahan’s mother Janice McKinney replied to the since-deleted post and maintained she did not believe the woman was her daughter. McKinney said she reached out to Pennsylvania State Police about the claims.“I talked to the police.
07.06 / 05:55
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Stock market update: Nifty Bank index advances 0.73% in an upbeat market
Bandhan Bank Ltd.(up 2.48 per cent), Federal Bank Ltd.(up 1.37 per cent), ICICI Bank Ltd.(up 1.03 per cent), Axis Bank Ltd.(up 0.82 per cent) and Punjab National Bank(up 0.77 per cent) were among the top gainers.
07.06 / 05:55
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"We are with PM Modi, joining hands with NDA only": JD(S) leader HD Kumaraswamy
Janata Dal-Secular leader and former Karnataka Chief Minister HD Kumaraswamy affirmed on Friday his party's support to Prime Minister Narendra Modi and the National Democratic Alliance (NDA) to form a "stable government."
07.06 / 05:47
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Japan govt set to launch new ‘Tokyo Futari Story’ dating app to boost waning birth rate
Japan Times reported.Amid growing labour shortages, Prime Minister Fumio Kishida's government is actively pursuing policies to promote the birth rate, including provision of financial aid to families, easier access to child care, parental leave, and more.In Japan, birth rates dropped to an all-time low in 2023. Therefore, it isn't uncommon for municipalities to hold matchmaking events, but it is quite rare for the government to create an app.To access the dating app, users must sign a letter stating they are willing to get married and submit documentation proving that they are legally single.Other requirements include a tax certificate slip to prove their annual salary.
07.06 / 05:45
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Share price of Avenue Supermart jumps as Sensex gains 780.22 points
Avenue Supermarts Ltd. gained 0.69 per cent to Rs 4716.25 at 11:06AM (IST) in Friday's trade. The scrip hit a high of Rs 4802.35 and low of Rs 4688.05 so far during the session. The stock had closed at Rs 4683.8 in the previous session. The counter had a total traded volume of 11:06AM shares so far with a turnover of Rs 2.3 crore on BSE. The stock traded at a price-to-earnings multiple of 121.6 and a price-to-book ratio of 15.76.
07.06 / 05:45
07.06 / 05:45
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Lupin shares up 2.52% as Nifty gains
Lupin Ltd. traded 2.52 per cent up in Friday's trade at 11:00AM (IST). Around 13,857 shares changed hands on the counter. The scrip opened at Rs 1622.15 and touched an intraday high and low of Rs 1649.95 and Rs 1617.95, respectively, in the session so far. The stock of Lupin Ltd. quoted a 52-week high of Rs 1727.9 and a 52-week low of Rs 805.4.
07.06 / 05:45
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Stock market update: Nifty Auto index advances 0.61% in an upbeat market
Apollo Tyres Ltd.(up 2.17 per cent), Balkrishna Industries Ltd.(up 2.04 per cent), Samvardhana Motherson International Ltd.(up 1.91 per cent), Bharat Forge Ltd.(up 1.29 per cent) and Ashok Leyland Ltd.(up 1.22 per cent) were among the top gainers.
07.06 / 05:35
07.06 / 05:35
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Bajaj Holdings shares gain 2.22% as Sensex rises
Bajaj Holdings & Investment Ltd. traded 2.22 per cent higher in Friday's session at 10:45AM (IST). The stock opened at Rs 8119.85 and has touched an intraday high and low of Rs 8340.0 and Rs 8119.85, respectively, during the session so far. The stock quoted a 52-week high of Rs 9355.0 and a 52-week low of 6634.6. About 2,004 shares changed hands on the counter so far.
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