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14.01 / 13:01
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Govt considers industry status for waste management and recycling sector
Subscribe to enjoy similar stories. New Delhi: The government may accord industry status to waste management and recycling businesses, two people aware of the development said, amid a push for circular economy. This has been a long-standing demand of the waste management sector, as an industry status helps businesses get easier access to cheaper bank loans.
14.01 / 12:25
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Canada ready to buy more American products to appease Trump's tariff threat, ambassador says
Canada’s ambassador to Washington says Canada is prepared to buy more from the United States including its next fleet of submarines to appease President-elect Donald Trump's concerns about the U.S.-Canada trade deficit
14.01 / 11:05
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Sensex rises! But these stocks fell 5% or more in Tuesday's session
On the BSE, Longview Tea(down 17.72 per cent), Palash Securities(down 11.04 per cent), Nova Pub(down 10.89 per cent), Kakatiya Text(down 10.46 per cent) and Diggi Multitrade(down 10.08 per cent) stood among the top losers in today's trade.
14.01 / 10:57
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Departments of commerce, revenue, BCAS formulating SOP for e-commerce export hubs
BCAS), are working on formulating a standard operating procedure (SOP) to enable the operationalisation of e-commerce export hubs in the country, an official said. The commerce ministry has already approved five applications of DHL, Lexship, goGlocal, logistics aggregator Shiprocket, and air cargo handling company Cargo Service Centre to set up these hubs, the government official said.
14.01 / 10:21
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What is Kumbh Sah'AI'yak? The digital companion for Maha Kumbh 2025 pilgrims
Kumbh Sah'AI'yak on December 13, 2024. The chatbot is made with multi-lingual capability to assist pilgrims and visitors as Maha Kumbh 2025 kicked off in Prayagraj on Monday. The initiative is a part of the «Digital Mahakumbh» vision.
14.01 / 09:23
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Investors lose ₹60 trillion in little over 100 days; pain to continue
Subscribe to enjoy similar stories. MUMBAI : The recent equities sell-off, led by aggressive offloading by foreign portfolio investors (FPI), has eroded investor wealth worth nearly ₹60 trillion in the past three and a half months. Market veterans expect the pain to last so long as the FPI selling continues amid an uncertain macro environment.
14.01 / 08:27
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Godrej Consumer shares 1.81 per cent in Tuesday's trading session
Godrej Consumer Products Ltd. 1.81 per cent to Rs 1137.75 in Tuesday's trade as of 01:48PM (IST) even as the benchmark Nifty ruled at 23154.35, 68.4 points. The scrip had closed at Rs 1158.80 in the previous session. The stock quoted a 52-week low of Rs 1055.60 and a high of Rs 1541.30. The company quoted a market-cap of Rs 116684.95 crore on the BSE.
14.01 / 08:27
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China stocks jump most in more than 2 months on chip shares' rally
China stocks jumped the most in over two months as local chip firms rallied after the United States stepped up its tech curbs. ** At the midday break, the Shanghai Composite index gained 1.75% to 3,216.00 points, the best single-day gain since Nov. 7. The blue-chip CSI300 index added 1.74%.
14.01 / 08:27
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Mphasis share price 0.34 per cent
MphasiS Ltd. traded 0.34 per cent up at Rs 2769.20 at around 01:38PM (IST) on Tuesday. The stock had closed at Rs 2778.85 in the previous session. Equity benchmark Sensex traded 179.92 points at 76509.93 around the same time.
14.01 / 08:09
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Barflex Polyfilms IPO subscribed over 6 times on Day 3 so far. Check GMP, price band and other details
Barflex Polyfilms was fully subscribed on Tuesday, the third day of bidding with an overall subscription of 6.11 times as of 11:40 AM. The company aims to raise Rs 39 crore through the SME IPO, with the shares set to list on the NSE SME platform. The retail portion of the issue was subscribed by 9.58 times, while the issue was subscribed 6.16 times in the non-institutional investors category on the third day of bidding. Meanwhile, the qualified institutional buyers had not made any bids yet.
14.01 / 08:09
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Siemens shares 0.46 per cent in Tuesday's trading session
Siemens Ltd. 0.46 per cent to Rs 5777.10 in Tuesday's trade as of 01:18PM (IST) even as the benchmark Nifty ruled at 23165.85, 79.9 points. The scrip had closed at Rs 5804.05 in the previous session. The stock quoted a 52-week low of Rs 3966.05 and a high of Rs 8129.95. The company quoted a market-cap of Rs 206156.38 crore on the BSE.
14.01 / 08:09
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Marico shares 0.9% as Sensex rises
Marico Ltd. traded 0.9 per cent in Tuesday's session at 01:13PM (IST). The stock opened at Rs 670.00 and has touched an intraday high and low of Rs 670.00 and Rs 654.55, respectively, during the session so far. The stock quoted a 52-week high of Rs 719.80 and a 52-week low of 486.75. About 8,895 shares changed hands on the counter so far.
14.01 / 07:57
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Microsoft doubles down on AI, taps Indian-origin Jay Parikh to lead new division
Microsoft is doubling down on artificial intelligence. CEO Satya Nadella has announced the formation of CoreAI – Platform and Tools, a new engineering division to kick off Redmond’s “next innings” of AI platform shift with seasoned technology leader of Indian origin, Jay Parikh, in the lead.
14.01 / 07:47
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A durable rally could emerge from these levels; 4 sectors would be best bets: N Jayakumar
N Jayakumar, MD, Prime Securities, says despite ongoing market challenges, financials are the best investment option for the next rally. Additionally, the dollar-rupee exchange rate will benefit the pharmaceutical sector, particularly generics and exports. The IT sector may also see gains, with some benefits reaching consumers. Moreover, India's manufacturing and Production-Linked Incentive (PLI) initiatives will attract investment alongside financials. For a market where bulls were looking immortal, they are running for cover now. At the beginning of the year, the general narrative was that we are in for a good year. Now everyone is guessing what is coming next. What is your view on what lies ahead for us? N Jayakumar: The way I see this is that complacency had set in in a pretty major way and we saw that the last six months gave virtually no returns. Indices did not fall by more than 8-10% and yet portfolios were down 15% and 20%. Individual stocks were down up to 30-35%. Complacency had settled, people said it is a buy on dips. Now that particular thesis, in a sense, got challenged with this most recent correction. In the last few days, especially the last three-four days, I have seen all around capitulation coming through.
14.01 / 07:47
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Pidilite Ind shares 0.19% as Sensex rises
Pidilite Industries Ltd. traded 0.19 per cent in Tuesday's session at 12:52PM (IST). The stock opened at Rs 2796.75 and has touched an intraday high and low of Rs 2820.00 and Rs 2785.20, respectively, during the session so far. The stock quoted a 52-week high of Rs 3414.40 and a 52-week low of 2490.00. About 5,179 shares changed hands on the counter so far.
14.01 / 07:47
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JLR, Tata Communications strengthen partnership for connected car tech
Jaguar Land Rover and Tata Communications have strengthened their collaboration for connected car technologies, the companies said in a joint statement on Tuesday. As part of the enhanced collaboration, Tata Communications will offer its MOVE platform to enhance JLR's connected vehicle ecosystem, transforming the driving experience for customers worldwide.
14.01 / 07:47
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Lupin shares 0.0% as Nifty gains
Lupin Ltd. traded 0.0 per cent in Tuesday's trade at 01:03PM (IST). Around 2,991 shares changed hands on the counter. The counter opened at Rs 2111.40 and touched an intraday high and low of Rs 2179.70 and Rs 2111.40, respectively, in the session so far. The stock of Lupin Ltd. quoted a 52-week high of Rs 2403.45 and a 52-week low of Rs 1367.45.
14.01 / 07:47
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Indian Hotels shares 1.49% as Sensex rises
Indian Hotels Company Ltd. traded 1.49 per cent in Tuesday's session at 01:08PM (IST). The stock opened at Rs 760.00 and has touched an intraday high and low of Rs 770.70 and Rs 751.35, respectively, during the session so far. The stock quoted a 52-week high of Rs 894.15 and a 52-week low of 450.55. About 54,939 shares changed hands on the counter so far.
14.01 / 07:19
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Demystifying wills and trusts: A guide to secure wealth transfer
Subscribe to enjoy similar stories. Estate planning is essential for ensuring the well-being of loved ones and safeguarding wealth for future generations. While many perceive it as a task for the wealthy, having a robust estate plan is crucial for anyone who wishes to secure their family’s future.
14.01 / 07:19
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10 defence stocks poised for explosive growth in India’s year of reforms
Subscribe to enjoy similar stories. As India strengthens its strategic position amid evolving global security dynamics, the nation's defence sector stands at a pivotal moment in 2025. The defence ministry has recently declared that 2025 will be the ‘year of reforms’ for Indian defence, suggesting that there could be massive changes in the sector, simpler procurement, and much more.
14.01 / 06:01
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Hunger games: Competition in quick food delivery heats up
Subscribe to enjoy similar stories. A war is brewing in online delivery as fast food takes on a new twist in India. After shaking up the retail market for online deliveries with their quick commerce services, Zomato’s Blinkit and Swiggy recently launched standalone apps to deliver meals, snacks and beverages in 15-20 minutes.
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