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GSAT-N2 has been successfully placed in orbit by SpaceX’s Falcon 9 rocket, Elon Musk’s space tech firm and the Indian Space Research Organisation’s (Isro) commercial arm NSIL said in a series of social media posts early on Tuesday. “Deployment of @NSIL_India GSAT-N2 confirmed,” SpaceX said in a post on microblogging site X at 12.36 am on Tuesday. Shortly after, NSIL posted, “Successfully into the orbit.” The 4,700-kg satellite, launched from Cape Canaveral Space Force Station in Florida, has been injected into the desired geosynchronous transfer orbit (GTO) and Isro’s Master Control Facility (MCF) has taken control of the satellite, NSIL said. «Preliminary data indicates the satellite is in good health,” it added.

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.

MphasiS Ltd. 2.62 per cent to Rs 2831.25 at 10:41AM (IST) in Tuesday's trade. The stock has hit a high of Rs 2844.00 and low of Rs 2755.00 so far during the session. The stock had closed at Rs 2758.80 in the previous session. The counter has had a total traded volume of 3112 shares so far with a value of Rs 0.88 crore on the NSE. It traded at a price-to-earnings multiple of 33.58 and a price-to-book ratio of 5.13.

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.

On the BSE, Bhartia Bachat(down 10.77 per cent), Maximus Intl.(down 9.99 per cent), Medico Remedies(down 9.99 per cent), Stellar Capital Svcs(down 9.75 per cent) and Honasa Consumer(down 9.73 per cent) were among the stocks that plunged over 5 per cent during the session.

Around 29 stocks in the smallcap space gained 25% or more at a time when the BSE smallcap index has fallen nearly 14% from its peak. JSW Holdings saw a multibagger surge of 118%, followed by Nalwa Sons Investments, whose shares rallied 70% during this period.

A report released Monday by Pew Research Center says about one in five Americans regularly get their news from so-called news influencers on social media

BEIJING — Chinese gaming giant Tencent is betting on a rise in female players worldwide for its mobile game Honor of Kings, which rolled out to the U.S. and other countries in June.

Quebec’s public pension fund manager has grown its quantitative equity team to more than US$14 billion of assets in less than four years, and one of its top executives is bullish on doing even more.

With Thanksgiving less than two weeks away, food retailers are trying to tempt Americans who haven't recovered from recent price inflation

Tap Invest, altGraaf, and Stable Investments were the three unregistered online platforms to facilitate the sale of privately placed NCDs.

Subscribe to enjoy similar stories. After enduring New Delhi’s extreme temperatures and lung-killing pollution for two years, the 27-year-old IT engineer took a transfer to his employer’s office in Bengaluru. It was meant to be a new beginning amid pleasant weather, easygoing people and pubs aplenty.

Power and Instrumentation(Gujarat)Ltd.(up 5.00%), Transformers & Rectifiers(India)Ltd.(up 5.00%), Indo Tech Transformers Ltd.(up 5.00%), Energy Development Company Ltd.(up 4.97%), Neueon Towers Ltd.(up 4.84%), GE Vernova T&D India Ltd.(up 4.78%), Suzlon Energy Ltd.(up 4.46%), GE Power India Ltd.(up 4.07%), KPI Green Energy Ltd.(up 3.43%) and Voltamp Transformers Ltd.(up 2.25%) stood among the top gainers.

wearable devices such as smartwatches, earphones and fitness bands saw a decline for the second consecutive quarter during the July-September period. According to data from market research firm IDC, shipments in the three-month period fell 20.7% year on year, with smartwatches witnessing the highest impact. ET reported on November 5 about a protracted slowdown in wearables firms over the last 12-15 months.

Sikko Industries Ltd.(up 12.51%), Madhya Bharat Agro Products Ltd.(up 3.21%), Paradeep Phosphates Ltd.(up 2.98%), Rama Phosphates Ltd.(up 2.27%), Mangalore Chemicals & Fertilizers Ltd.(up 1.48%), Khaitan Chemicals & Fertilizers Ltd.(up 1.21%), Agro Phos India Ltd.(up 0.97%), Gujarat Narmada Valley Fertilizers & Chemicals Ltd.(up 0.78%), Krishana Phoschem Ltd.(up 0.73%) and Coromandel International Ltd.(up 0.31%) stood among the top gainers.

stocks rallied as much as 15% in Mumbai trading on Monday even as equity benchmarks, BSE Sensex and NSE Nifty, traded in the amid brisk in frontline bluechip counters. Stocks that surged in excess of 15% included, Siddha Ventures Ltd.(20.00%), Shri Gang Industries(19.99%), Jindal Poly Investm(19.99%), James Warren Tea(19.99%), Multibase India(19.99%), Tokyo Finance(19.98%), Laffans Petro(19.98%), Sumedha Fiscal(19.88%), Purple Entertainment(19.20%) and Garware Tech(18.71%).

NASA-German satellites found evidence that Earth’s total amount of freshwater dropped abruptly starting in May 2014 and has remained low ever since. The researchers suggested the shift could indicate Earth's continents have entered a persistently drier phase. «From 2015 through 2023, satellite measurements showed that the average amount of freshwater stored on land — that includes liquid surface water like lakes and rivers, plus water in aquifers underground — was 290 cubic miles (1,200 cubic km) lower than the average levels from 2002 through 2014,» said Matthew Rodell, one of the study authors and a hydrologist at NASA’s Goddard Space Flight Center in Greenbelt, Maryland.

Real Estate Investment Trusts (REITs) have disbursed a total of Rs 2,754 crore to their unitholders in the first half of fiscal 2024, reflecting a 14% increase over the previous year's distribution, according to the Indian REITs Association (IRA). The total disbursement for H1 FY24 was split between four major listed REITs —Brookfield India Real Estate Trust, Embassy Office Parks REIT, Mindspace Business Parks REIT, and Nexus Select Trust. The funds were distributed to more than half a million unitholders, with the second quarter alone accounting for Rs 1,383 crore. Since their inception, Indian REITs have distributed over Rs 19,000 crore to investors, highlighting the sector's growing appeal in the country’s real estate market.

Aniruddha Naha, CIO-Alternates, PGIM India Asset Management, says this year is probably the year to build portfolios and not expect too much in terms of absolute returns. PGIM would cautiously continue to build portfolios over a period of time. But in the near term, we do not see the markets bouncing back in a large way. Naha further says that a 5-10% correction from here into capital goods would make it very interesting. Plus, there is reasonable value in largecap financials, especially on the lending side. There is also value in segments like textiles, chemicals and agrochemicals, which have been beaten down over the last three years. Healthcare is something they are very confident in. Given the fact that markets have declined more than 10% from their recent peak, with all the major events behind us, how are you reading into the current markets and do you expect a recovery anytime soon or do you expect the markets to continue to lag for the next six months? Aniruddha Naha: Our view is probably the worst of earnings is through.

REC Ltd. rose 0.59 per cent to Rs 505.55 in Monday's trade. It hit an intraday high of Rs 510.10 and low of Rs 495.45, respectively, during the day. The stock quoted a 52-week high price of Rs 653.90 and low of Rs 327.30.

SRF Ltd. traded 0.48 per cent at Rs 2225.30 at 12:32PM (IST) on Monday, even as BSE benchmark Sensex 44.39 points to 77624.7. The stock had settled at Rs 2236.15 in the previous session. The stock quoted a 52-week high and 52-week low of Rs 2697.45 and Rs 2088.55, respectively.