Security Financial News
10.05 / 11:45
markets
security
Strategy
wellness
Trade
performer
Multibagger Stock: Swadeshi Polytex gained over 10000% in just 5 years, rose 6140% in 3 years; should you invest?
₹3.33 in April 2019. Meanwhile, it has soared over 6140 percent in 3 years (from ₹5.45 in April 2021). The scrip has also given multibagger returns this year so far as well as in the last one year.
10.05 / 11:37
markets
security
Research
Trade
Experts
cover
recommendations
Nifty Bank breaks below 50-DMA; next big support is placed at 47,000: Experts
Nifty Bank continued its losing streak but managed to hold onto its crucial support of 47,400. However, it closed below the 50-DMA on the daily charts. The Nifty Bank fell 66 points to close at 47,421 and on a weekly basis the index was down by more than 3%.
10.05 / 10:59
IPO
security
WhatsApp
Capital Small Finance Bank looks to double advances growth, eyes branch expansion
Capital Small Finance Bank is eyeing a 22-24% advances growth in FY25, double of the pace it achieved last fiscal while it is eying geographic expansion to support it. The Jalandha-headquartered lender is also planning a foray into Jammu with a couple of branches. «After raising growth capital, we are now poised to grow faster,» executive director Munish Jain told ET. «Last year our growth was subdued as we were highly leveraged. We were waiting for the growth capital, he said. Its gross advances rose just about 12% year-on-year to Rs 6,160 crore.
10.05 / 10:59
Provident
security
Election
WhatsApp
President
performer
testing
NCP leader Praful Patel takes oath as Rajya Sabha member
NCP leader Praful Patel on Friday took oath as member of the Upper House of Parliament in presence of Rajya Sabha Chairman Jagdeep Dhankhar. Patel was declared elected unopposed to the Rajya Sabha on February 21. His fresh term as Rajya Sabha member began in April this year. «An immense honor to take the oath as a Rajya Sabha MP today, in the esteemed presence of the honorable Vice President, Shri Jagdeep Dhankhar Ji,» Patel said in a post on X. The NCP leader described the oath-taking ceremony as a «moment filled with solemnity and commitment to serve the nation.»
10.05 / 10:59
UPS
security
Strategy
Apple
Align
reports
Apple accelerates AI plans with custom chip-powered data centers: Report
iPads, and Macs. This approach aligns with Apple's generative AI ambitions, an area where it is trailing competitors. The technology powering tools like ChatGPT has driven the AI surge, prompting Apple to speed up its own initiatives.
10.05 / 10:59
security
community
performer
information
testing
Courts
rights
PM Modi should break silence on socio-economic census: Jairam Ramesh
Congress on Friday said Prime Minister Narendra Modi should break his «silence» over the issue of conducting a socio-economic census and removing the 50 per cent cap on caste-based reservations. In a post on X, Congress General Secretary Jairam Ramesh said the prime minister should answer questions on caste census. «The prime minister made many claims about himself at Nandurbar today. Many questions arise out of that, but I just want to ask three questions — everyone knows the marginalised communities cannot get their rights without the real numbers being revealed.» «The first question is why the census was not done in 2021… Census is conducted after every 10 years. According to this, the census should have been conducted in 2021. Why did you delay the census for three years? Why did you stop Dalit and tribal communities from getting information about their population?» Ramesh asked
10.05 / 10:39
UPS
Target
security
Trade
performer
country
Multibagger JSW Energy share price rises 7%. Should you Buy, Sell or Hold the stock?
JSW Energy Share price saw sharp rise of almost 8% during the intraday trades on Thursday . JSW Energy Share price however ended the day with gains of 7.03% and is up 116% in a year and almost 750% in 5 years. The rising capacities.
10.05 / 10:31
UPS
Booking
security
Election
President
PM Modi worried after 3rd phase of Lok Sabha polls: AICC chief Mallikarjun Kharge
BJP and Prime Minister Narendra Modi, AICC president Mallikarjun Kharge on Friday said Modi and his cabinet colleague Amit Shah are «worried» after the third phase of the Lok Sabha elections and they started abusing the Congress party. Addressing a press conference here, Kharge said to the BJP leaders, instead of seeking votes on their «development,» they are abusing the Congress leaders and distorting their (Congress) leaders' speeches, which according to him, is not required. Stepping up the attack on the saffron party, he asked «What is PM Modi doing if Congress is getting tempo loads of money from „Adani and Ambani?“ »After three phases of polls, Modi and Shah Saab got worried. They stopped talking about their manifesto, but only are abusing Congress," Kharge said.
10.05 / 10:31
security
Election
wellness
BABA
country
cover
'Opposition wants to bury me alive, but people are my security shield', asserts PM Modi
Narendra Modi on Friday said some in the opposition want to bury him alive, but people of the country are his security shield and they won't let any harm come to him. Lashing out at the opposition Shiv Sena (UBT) headed by former Maharashtra CM Uddhav Thackeray, the BJP stalwart asserted the «nakli (fake) Shiv Sena» abuses him in such a way that it pleases its «favourite vote-bank». «The nakli Shiv Sena wants to bury me alive. They abuse me in such a way that it is liked by their favourite vote-bank. They also take a bomb blast accused for election campaigning,» Modi said while addressing a campaign rally in north Maharashtra's Nandurbar in support of BJP candidate Hina Gavit. The BJP on Thursday claimed 1993 serial bomb blasts accused Iqbal Musa alias Baba Chauhan was seen in a Lok Sabha campaign rally of Shiv Sena (UBT) Mumbai North West candidate Amol Kirtikar. The allegations were denied by Musa as well as Kirtikar, both of whom claimed they did not know each other. He maintained the opposition has lost people's support and trust, and that is why their political space is shrinking.
10.05 / 10:31
UPS
Booking
security
Election
Justice
Courts
Six ex-Congress MLAs withdraw plea from SC against disqualification from Himachal Pradesh Assembly
MLAs on Friday withdrew their plea from the Supreme Court against the Himachal Pradesh Assembly speaker's decision to disqualify them from the House. A bench of Justices Sanjiv Khanna and Dipankar Datta was told by senior advocate Abhinav Mukherjee, appearing for the former MLAs, that they want to withdraw the petition. «We knew this was going to happen due to the elections,» the bench observed while allowing them to withdraw their plea. The six former MLAs are now contesting assembly bypolls, which were necessitated after their disqualification, as BJP candidates.
10.05 / 10:23
UPS
Provident
security
wellness
electronic
Updates
Demat account nomination: How to update nominee details? A step-by-step guide
demat account, which you can open with a Depository Participant (DP) authorised by the Securities and Exchange Board of India (SEBI). A demat account allows you to hold securities in electronic form. DPs register the accounts with either the National Securities Depository Limited (NSDL) or the Central Depository Services Limited (CDSL).
10.05 / 10:03
Blockchain
Provident
Platform
security
Monarchy
UAE Offers Friendlier Crypto Scene Than US Due to Political Stability: Komodo CTO
Komodo CTO Kadan Stadlemann said the United Arab Emirates’ (UAE) political stability fosters a friendlier environment for crypto businesses to flourish, compared to the challenges they face in the US.
10.05 / 10:03
COST
Target
Progressive
security
wellness
Bill
PM Surya Ghar scheme: Balance consumer equity with discom stability
₹78,000. The intent and messaging of the scheme’s ‘300 free units’ is clear. The government aims to address energy equity, with the dual benefits of boosting household incomes and promoting energy security.
10.05 / 09:39
markets
Target
security
Remark
Research
trends
Experts
Servotech share price: Experts give 'buy' tag to solar, EV stock after Q4 results 2024
Servotech share price: Despite the challenging market conditions, Servotech Power Systems Ltd declared its Q4 results 2024 on Thursday, showcasing a remarkable revenue growth of 13.89% in Q4 FY24 to ₹136.65 Cr & a growth of 27.49% in the year ended FY24 to ₹355.26 Cr on a YoY basis. The company's profitability also demonstrated its resilience, with PAT increasing by 6.69% to ₹11.80 Cr in FY24. EBITDA increased by 18.05% to ₹22.36 Cr in FY24, a testament to its increased operational efficiency and the ability to generate higher-value products.
10.05 / 08:37
markets
IPO
security
Citigroup
Enterprise
Trade
band
Indegene IPO allotment out. Latest GMP, listing date, how to check status
Demat accounts by today, May 10, or tomorrow, May 11. The company will refund the application money to the investors whose bids were rejected. The refunds will also be made by today or tomorrow Investors can check Indegene IPO allotment status online through the official website of BSE or the portal of IPO registrar.
10.05 / 08:37
markets
Gap
security
economy
Election
performer
blues
Asian Paints investors feel the blues even before competition hits full throttle
₹2,670.10 on Friday, after closing nearly 5% lower on Thursday, following the Q4 earnings announcement. Investors are nervous about the emerging pain points. For instance, the year-on-year decline in revenue, albeit marginal, was particularly disappointing.
10.05 / 08:29
markets
Citi
ETF
security
Strategy
innovations
reports
Akshaya Tritiya: 5 key factors you should consider when investing in real estate
We, Indians, hold our traditions and cultural beliefs very close to our hearts, finding significance in the rituals that shape our lives. The auspicious festival of Akshaya Tritiya, falling on the third day of the Hindu month of Vaishakha, carries a sacred message of prosperity and success. Hence, purchasing gold on this day is considered to bring good returns in the long run. Traditionally associated with gold purchases, this festival has evolved into a day for forward-thinking investments.
10.05 / 08:29
markets
Provident
security
economy
Align
Experts
track
Skip gold this Akshaya Tritiya; consider THESE 5 alternative investment options, say experts
Akshaya Tritiya 2024: Investing in gold has long been a tradition for investors seeking stability and security in their portfolios. However, there are alternative avenues that offer similar benefits with unique advantages. Diversifying investment portfolios with these alternative instruments alongside or instead of gold can enhance risk-adjusted returns and align with specific investment objectives and preferences.
10.05 / 06:53
Blockchain
Platform
security
Bitcoin
innovations
Arch Labs $7 Million to Develop Bitcoin-Native Application Platform
Arch Labs has secured a $7 million investment to develop a Bitcoin-native application platform.
10.05 / 06:45
markets
IPO
Booking
Progressive
security
Experts
show
Finelistings Technologies IPO allotment to be finalised today; latest GMP, 4 steps to check status
demat accounts will be credited with the allocated shares. On Monday, May 13, the refund process will start for individuals who did not get shares. On the same day, those who have been allocated will get their shares in their demat accounts.
10.05 / 06:03
Citi
Airlines
security
information
travelers
International
Air Vanuatu files for bankruptcy protection after cancelling all international flights
Air Vanuatu filed for bankruptcy protection on Friday a day after the South Pacific state-owned carrier cancelled all international flights, stranding thousands of travellers. The airline on Wednesday cancelled more than 20 flights to and from the Australian cities of Sydney and Brisbane, and the New Zealand city of Auckland for the rest of the week. The airline said it was the result of «extended maintenance requirements» on their aircraft. Ernst & Young Australia's Morgan Kelly, Justin Walsh and Andrew Hanson were appointed liquidators in an equivalent of a US Chapter 11 bankruptcy, the firm said in a statement. The liquidators said safety and maintenance checks would be made before normal operations resumed.
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