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11.06 / 17:21
markets
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Sebi bans former TV anchor Pandya, 7 others from securities market for 5 years, slaps fine
Pradeep Pandya, who was anchoring stock market shows on a television channel, and seven other entities from securities market for five years and imposed a fine of Rs 2.6 crore collectively for indulging in fraudulent trading activities. Apart from Pandya, others banned by Sebi are Alpesh Furiya, Manish Furiya, Alpa Furiya, Alpesh Vasanji Furiya HUF, Manish V Furiya HUF, Mahan Investment and Toshee Trade. Pandya was the host/co-host of various shows at CNBC Awaaz till August 2021, while Alpesh Furiya appeared on the television channel as a guest/external expert and gave stock recommendations on his Twitter handle.
11.06 / 17:21
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Financial
Keen to learn about financial markets? Sebi rolls out free investor certification exam
Sebi) has launched a free and voluntary online investor certification examination. The certificate exam is developed in collaboration with the National Institute of Securities Markets (NISM).
11.06 / 17:01
Provident
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International
J&K: One terrorist killed in exchange of firing with security forces in Saida Sukhal village; operation underway
Kashmir's Kathua district on Tuesday, informed police. The firing comes after the recent deadly Reasi bus attack that killed 33.
11.06 / 16:37
UPS
Provident
Manufacturing
security
country
rights
Quess launches blue-collar recruitment hubs to meet rise in labour demand
Quess ensures that organizations secure the right calibre of skilled labour while simultaneously providing livelihood opportunities for job seekers. From production line workers to engineers, Quess enables factories to optimize their processes by supplying the requisite workforce," Quess said in a statement.The manufacturing industry, which currently employs 20% of India's workforce, is expected to experience a 4% jump in its compound annual growth rate (CAGR) between 2023 and 2028.
11.06 / 16:01
Progressive
security
Election
President
Universities
Courts
Odisha's first female Deputy CM is High Court lawyer Pravati Parida. 5 points
Pravati Parida is poised to assume the mantle as the state's first female deputy chief minister.Rajnath Singh said in an X post, "Delighted to announce that Shri Mohan Charan Majhi has been elected unanimously as the leader of Odisha BJP Legislature Party. He is a young and dynamic party karyakarta who will take the state forward on road to progress and prosperity as the new Chief Minister of Odisha. Many congratulations to him."Pravati Parida, securing victory by 4588 votes from Nimapara, triumphed over BJD leader Dilip Kumar Nayak to become one of the deputy chief ministers.
11.06 / 15:39
11.06 / 14:41
markets
security
Trade
138% Returns in 1 Year: LKP Securities eyes 21% upside on multibagger PSU stock at TP of ₹301; Should you buy?
NMDC Share Price: NMDC Ltd The stock has given multi-bagger returns to investors over the last one-to-three-year periods.Domestic brokerage LKP Securities is well-positioned to leverage strong volume growth in the domestic steel markets over the coming year, with the mining business anticipated to achieve a compound annual growth rate of approximately nine per cent from FY24 to FY26E.According to the brokerage, on the back of NMDC’s strong operational capacity, aggressive expansion plans, robust net cash position and continued strong tailwinds for domestic steel demand we expect NMDC to clock revenue/EBITDA/PAT CAGR of 9 per cent /16 per cent/14 per cent over FY25-26E. ‘’At CMP, the stock is trading at 6.8x/5.3x EV of FY25E/FY26E EBITDA.
11.06 / 13:59
UPS
Provident
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Software
Opinion
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performer
Want reliable computing on a budget? Check out top refurbished laptops from multiple brands on Amazon
Reasons to BuyReasons to AvoidWhat are buyers saying on Amazon?Customers appreciate the good condition, but note that some components might be faulty upon receipt, and returns can be difficult.Why choose this product?This product comes with reliable performance and productivity with significant savings for a budget user.The refurbished Lenovo ThinkPad 6th Gen offers impressive performance at an affordable price. Equipped with an Intel Core i5 6200U processor, 16GB RAM, and 512GB SSD, it’s perfect for professionals and students.
11.06 / 13:59
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Stocks to buy: Axis Bank, Dr Lal Pathlabs among top four stock picks by SMC Global Securities for this week
Stock market today: Indian stock market benchmarks consolidated for the second consecutive session on Tuesday, June 11, amid weak global cues.Despite opening higher and trading in positive territory for a significant part of the session, equity benchmarks—Sensex and Nifty 50—ended flat on profit booking in the absence of fresh triggers.Sensex hit its intraday high of 76,860.53, but prey to profit booking in the fag-end and ended 33 points, or 0.04 per cent, lower at 76,456.59. Nifty 50 opened at 23,283.75 against its previous close of 23,259.20 and touched its intraday high of 23,389.45.
11.06 / 13:53
11.06 / 13:11
Citi
security
Election
President
DAL
BJP MLA Mohan Charan Majhi made new Chief Minister of Odisha; KV Singh Deo, Pravati Parida declared deputy CMs
Rajnath Singh on Tuesday in Odisha's capital city Bhubaneswar. Apart from Rajnath Singh, Union minister Bhupender Yadav attended the meeting as observer.The announcement comes a week after the BJP stormed to power in the state on its own for the first time by winning 78 out of 147 seats.
11.06 / 10:43
markets
Entertainment
security
Boxing
film
Experts
stars
Festival favourites struggle for screen time in Indian cinemas
All We Imagine As Light and other festival darlings such as All That Breathes, Agra, and Kennedy have found themselves in the shadows of mainstream blockbusters, highlighting the challenges these critically lauded films face in securing a theatrical release. Entertainment industry experts say despite their critical acclaim, these titles do not come with the marketing or distribution heft necessary to secure a place in mainstream theatres, fund promotions, or negotiate deals with exhibitors. “These movies fail to excite users due to inadequate marketing efforts such as trailers and advertising.
11.06 / 10:43
markets
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Modi 3.0 stock pick: Experts see over 50% upside in this sugar stock in long term. Here's why
Modi 3.0 stock pick: After the formation of Modi Cabinet 2024, market experts are busy finding value picks on Dalal Street as most of the business and economy-related portfolios have been given to the same ministers who held the ministry in Modi 2.0. In this line, stock market experts predict that the Modi 2.0 policies will continue and catch momentum. They said that Modi government is committed to increase ethanol blending in petrol fuel to around 20 percent which is at around 14 percent only.
11.06 / 10:43
markets
IPO
Manufacturing
security
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Experts
band
United Cotfab IPO price band set at ₹70 apiece; SME IPO to kick off for subscription on June 13
₹70 per equity share with a face value of ₹10 apiece. The United Cotfab IPO will kickstart its subscription on Thursday, June 13, and close on Wednesday, June 19.
11.06 / 10:43
markets
COST
Citi
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performer
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Trent, Westlife Foodworld, and Relaxo: Axis picks top retail stocks after Q4 results
Trent, Westlife Foodworld and Relaxo Footwear as its top picks in the retail space.In a review note, the brokerage highlighted mixed performance among retail companies. Premium retailers have maintained their growth momentum, while value retailers are experiencing a gradual recovery and Quick Service Restaurants (QSR) continue to face challenges, it said.
11.06 / 09:29
markets
IPO
Booking
security
wellness
Experts
band
GP Eco Solutions India IPO to open for subscription on June 14; price band set at ₹90-94 apiece
₹90 to ₹94 per share. The GP Eco Solutions IPO lot size is 2,000 shares. The floor price is 9 times of the face value and the cap price is 9.40 times of the face value of the equity shares.The Noida-based company's IPO would include a fresh issue of 32,76,000 Equity Shares having a face value of ₹10- via the book-building process.
11.06 / 08:11
security
WhatsApp
trends
Trade
SBI Card shares fall 0.43% as Nifty gains
SBI Cards and Payment Services Ltd. slipped 0.43 per cent to Rs 713.9 in Tuesday's trade. It hit a high of Rs 719.95 and low of Rs 711.55 during the session. On the technical charts, the 200-DMA of the stock stood at Rs 749.47, while the 50-DMA was at Rs 716.6. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend and if trades between these averages, then it suggests the stock can go either way.
11.06 / 07:59
security
Election
Experts
recommendations
Modi 3.0: Stability concerns premature; government may stay fiscally prudent amid populism: Kotak Securities
Modi 3.0 Cabinet: From Amit Shah, Nirmala Sitharaman, Jaishankar to Rajnath Singh – 10 ministers who retained portfolios"All solutions to electoral losses need not be translated into populism and away from a macro framework built over the last decade. We expect the government to remain fiscally prudent and populism to be used opportunistically," Kotak said.Prime Minister Narendra Modi was sworn in as prime minister for the third consecutive term on Sunday, June 9, along with his 71 ministers.
11.06 / 07:59
markets
COST
FIVE
security
Sustainability
Research
Experts
IRFC, RVNL, BoB to IRCTC: Is it wise to buy PSU stocks as Nirmala Sitharaman retained FM in Modi 3.0 cabinet?
Modi cabinet 2024: After the formation of the Modi 3.0 government in New Delhi and Nirmala Sitharaman being retained as Finance Minister, the market is expecting continuity of the business and economic policies for the next five years. From the Indian stock market, investors must have their fingers crossed that PSU stocks will deliver the same kind of returns in the next five years.
11.06 / 07:59
Target
Booking
Assurant
security
Death
performer
reports
Amid governance hiccups, Suzlon gains wind in its sails
Suzlon Energy Ltd seems set to maintain its post-turnaround momentum, aided by a favourable macroeconomic environment, healthy financials, and a robust order book. This is despite concerns over ‘corporate governance’ issues following the sudden resignation of an independent director.
11.06 / 07:59
security
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prevention
Using a personal loan to build credit score? Here are some important things to keep in mind
Frequently Asked Questions (FAQs)Although personal loans can serve as a means to rebuild credit score, it’s crucial to acknowledge several drawbacks:- Interest rates and fees: Personal loans, particularly for individuals with lower credit scores, frequently entail high interest rates and associated fees. This can substantially increase the expenses involved in rebuilding your credit score.- Potential for increased debt: Without careful consideration, obtaining a personal loan may contribute to escalating your total debt load.
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