Security Financial News

Mahindra Financial Services Ltd. is Rs 297. Mahindra & Mahindra Financial Services Ltd., incorporated in the year 1991, is a Large Cap company (having a market cap of Rs 36936.17 Crore) operating in NBFC sector.

Balrampur Chini Mills, GMR Airports Infrastructure, Hindustan Copper, India Cements, SAIL, and Sun TV Network. Balrampur Chini Mills managed to come out of the ban on Friday; however, it has reentered the ban list for Tuesday.

Investors looking for safer bets on Dalal Street could consider HDFC Bank but they would be better off putting money in the stock in installments over the next few months. This is because the stock, despite cheaper valuations compared to its historical levels, could linger at these levels in the absence of visible triggers, said analysts. «Investors looking for quality and safety of margin when markets are at all-time highs could park funds in the stock as the long-term outlook is bullish for the stock,» said Rajesh Palviya, senior vice president research — technical & derivatives, Axis Securities.

Global players such as hedge funds have tapped into the global networks of foreign banks in India to avail of an Offshore Derivative Instrument (ODI) referred to as a Total Return Swap and gain much-desired exposure to rupee-denominated debt as the foreign flows push down local bond yields.

«We expect market uptrend to continue next week supported by positive macro trends, expectation of sustained government spending and policy continuity, healthy monsoon and strong earnings,» said Siddhartha Khemka, Head — Retail Research, Motilal Oswal.

semiconductors and critical minerals during the meeting of the India-US initiative on Critical and Emerging Technology (iCET), led by Indian National Security Adviser Ajit Doval and his US counterpart Jake Sullivan in New Delhi. India and the US Monday launched a new strategic semiconductors partnership to co-develop semiconductor design and manufacturing processes for precision-guided ammunition. «Launching a new strategic semiconductor partnership between General Atomics and 3rdiTech to co-develop semiconductor design and manufacturing for precision-guided ammunition and other national security-focused electronics platforms,» read the fact sheet issued by the US and India.

Prime Minister Narendra Modi is expected to propose the name of the new Lok Sabha Speaker on June 25. This announcement will come as the 18th Lok Sabha session kicks off, running from June 24 to July 3, with an anticipated reconvening for the Budget session in late July.

NEW DELHI : New Delhi: Online gaming companies hoping for relief from the GST Council on retrospective taxes adding up to ₹1.12 trillion may have to wait longer. The federal indirect tax body is unlikely to consider the industry’s plea during its meeting on Saturday, according to two officials informed about the council’s plans. Companies with games involving real money have been treading a tightrope after authorities last year issued 71 notices for evasion of good and services tax for the period prior to 1 October, when a 28% GST rate was specifically prescribed on the full value of deposits made by players.

ixigo IPO: The listing date of the 'ixigo' brand parent company, Le Travenues Technology Limited, has been fixed on 18th June 2024, i.e. today.

Canadians have remained in the dark for years about interference by China and other foreign countries in their democracy. Inquiries have been slow-walked, delayed or obstructed by the Trudeau government.

A U.S. bankruptcy judge has approved the sale of the majority of Express Inc.’s operations to a consortium led by brand acquisition and management firm WHP Global — providing a lifeline to the struggling retailer and its hundreds of remaining stores

At the recent BTC Prague event, Trezor’s CEO unveiled the latest additions to Trezor’s comprehensive suite of products and services. The first product launched was a new hardware wallet, Trezor Safe 5, part of the Trezor Safe Family. He also revealed Trezor Expert, a service designed to simplify onboarding into self-custody.

Discerning which coins will skyrocket and which will falter is the key to amassing wealth in the crypto space. Recently, BlockDAG has raised over $51.1 million, catching the eyes of investors globally.

Russell Investments is giving advisors more flexibility to tailor their clients’ portfolios by broadening its suite of personalized managed accounts.

Maharashtra minister Deepak Kesarkar on Monday said Germany needs four lakh trained personnel, including 10,000 in the first batch, which could provide a great opportunity to the youth of the state. Addressing reporters, the minister of school education said, «I have recently returned from Germany with encouraging news for Maharashtra's youth. That country has requested nearly four lakh trained youths, which presents a significant employment opportunity for all of us. Germany has specifically requested 10,000 trained youths in the first batch.» «There are approximately seven lakh trained youths in Maharashtra. If youth from the state secure some of these jobs, it will greatly benefit them and their families. Once the decision is approved by the state cabinet, I will be able to reveal more details,» Kesarkar added.

ISRO astronauts at the NASA Johnson Space Center. A fact-sheet issued by the US and India after the iCET Dialogue between US National Security Adviser (NSA) Jake Sullivan and National Security Advisor Ajit Doval said the two sides are also exploring opportunities to participate in the Lunar Gateway Programme. The Lunar Gateway Programme aims to build a space station around the moon as part of the collaborative Artemis programme spearheaded by the US. The fact-sheet said the talks between the two NSAs explored opportunities for India's participation in the Lunar Gateway Programme, as well as joint avenues for collaboration in other space technologies.

IIFL Finance's microfinance subsidiary IIFL Samasta Finance has garnered Rs 216 crore through its second public bond issue against a Rs 1,000-crore target despite higher interest rates, as investors were likely concerned over the regulatory scrutiny on IIFL Finance's gold loan business. IIFL Samasta Finance is 100% owned by IIFL Finance.

Putin on Monday sacked four deputy defence ministers and appointed a relative, Anna Tsivileva, to fill one of the vacancies. Putin sacked deputy defence ministers Nikolai Pankov, Ruslan Tsalikov, Tatiana Shevtsova and Pavel Popov, according to Kremlin decrees. He appointed Tsivileva, who Russian media said is the daughter of Putin's cousin, as a deputy defence minister. Leonid Gornin, a deputy finance minister, will be a first deputy defence minister under Defence Minister Andrei Belousov.

Trump who is also the presidential nominee of the Republican party in the upcoming US presidential election has said that he has decided on his running mate who will contest the vice-presidential elections. He added that he shall be announcing the name of the candidate in the Republican Party convention in July. Analysts opine that he will have to pick a candidate who can help his campaign consolidate votes from the minority voters, suburban woman and young voters who appear to be moving away from supporting the Democrats. There are several considerations for Trump to pick his vice-presidential candidate.

Hyundai Motor India Ltd plans to launch four electric vehicle models in future, including Creta EV, in the last quarter of the current fiscal, according to the company's preliminary IPO papers filed with Sebi. The company is looking to maximise the price competitiveness of its electric vehicle (EV) models and intends to focus on securing local production capabilities for key parts, such as cells, battery packs, power electronics, and drivetrain and building a localised EV supply chain. In the draft red herring prospectus (DRHP), Hyundai Motor India Ltd (HMIL) said it seeks to calibrate its EV strategy and plan EV timelines in line with market demands in India by launching the appropriate EV models within each price segment. «We are following a transition strategy, having started with the launch of high-end premium EVs and plan to transition towards the mass markets as the EV market and ecosystem scales up in India. In line with the same, we aim to launch four EV models in future, including Creta EV in the last quarter of fiscal 2025,» the company said.

Hindustan Aeronautics on Monday announced that the Defence Ministry has issued a Request for Proposal (RFP) for 156 Light Combat Helicopters. «We would like to inform that, Request for Proposal (RFP) has been issued by the Ministry of Defence for procurement of 156 Light Combat Helicopter,» the official statement of the company said. Of the 156 LCH requested by the Defence Ministry, 90 are being procured for the Indian Army (IA) while the remaining 66 are for the Indian Air Force (IAF), said HAL's official statement.