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30.08 / 06:55
UPS Lowe's Booking Manufacturing show NOT High inventory not a result of sales slowing down: Shashank Srivastava, Maruti Suzuki
«In fact, August numbers in the industry predicted to be just around the 355,000 mark which could make it the highest ever month also. Last was September 2022, which was 3,55,400 odd vehicles. So, yes, it has been a great run so far,» says Shashank Srivastava, Maruti Suzuki India.Industry channel checks have been indicating that in the month of August, the passenger vehicle demand was actually up 9% and Maruti sales were higher than the industries. What has been your analysis, whether this is a trend which is here to stay?So far this year has gone very well for the auto industry. So, we have seen a record April, highest ever April, the highest ever May, highest ever June, highest ever July, looks like the highest ever August. In fact, August numbers in the industry predicted to be just around the 355,000 mark which could make it the highest ever month also. Last was September 2022, which was 3,55,400 odd vehicles. So, yes, it has been a great run so far. And now we are into the festive season, the beginning in Onam festival in Kerala, that is where the festive season starts, has been pretty good, almost a 25% jump in retails. So, I think so far going is good. We have those couple of question marks though going forward. But yes, it has been good so far for the auto industry this year.
30.08 / 06:33
COST Target Highways show GR Infraprojects shares rise over 4% on winning Rs 1,457 crore contract
G R Infraprojects rose over 4% to Rs 1,425 in Wednesday's trade on BSE after the firm's arms executed a concession agreement with the National Highways Authority of India (NHAI). GR Belgaum Raichur (PACKAGE‐5) Highway Private Limited and GR Belgaum Raichur (PACKAGE‐6) Highway Private Limited, wholly owned subsidiaries of the company, have executed the concession agreement for projects worth Rs 1,457.24 crore with the NHAI on August 29, 2023. The project included 4 lanes with paved shoulders in the Belgaum – Hungund – Raichur Section of NH‐748A in Karnataka on a hybrid annuity mode under NH(O) (Package‐5). The bid project cost is Rs 716.47 crore and is to be completed in 730 days from the appointed date. The second project relates to the construction of 4 lane with paved shoulders in the Belgaum – Hungund – Raichur Section of NH‐748A on hybrid annuity mode (Package‐6) under NH (O).
30.08 / 06:11
UPS Lowe's NIFTY show DLF shares up 1.52% as Nifty gains
DLF Ltd. traded 1.52 per cent up in Wednesday's trade at 11:27AM (IST).
30.08 / 06:11
UPS Digital Booking Action show Indian ED flags suspicious activities by 16 entities, including one private Indian bank, in Adani case
Adani group companies' shares. A TOI report on Wednesday showed that the central investigative agency has shared its intelligence related to these 16 entities, which includes foreign portfolio investors (FPIs) with Securities and Exchange Board of India (Sebi).
30.08 / 06:07
Facebook Digital Platform Reddit TikTok show Meta removes thousands of Facebook accounts linked to Chinese influence campaign, says ‘biggest single takedown’
TikTok, and X (formerly Twitter). Meta said that the ‘Spamouflage’ network first started posting on larger platforms like Facebook, YouTube and X but recent acitivity shows that it has expanded its footprint to include smaller platforms like Medium, Reddit, Quora and Vimeo.
30.08 / 06:07
UPS show country China's Map Row: ‘India’s response cannot be weak, timid… need to stand up’: Asaduddin Owaisi
map released on August 28 shows Arunachal Pradesh which China claims as South Tibet and Aksai Chin occupied by it in the 1962 war as part of its territory. AIMIM president Asaduddin Owaisi on 29 August in a tweet on X (Formerly Twitter) said China’s preparations on the border should be sending alarm bells within the Indian government. Further adding, he also said that India’s response cannot be weak and timid and need to stand up to China.
30.08 / 05:59
UPS Lowe's SENSEX show share price Share price of Tube Investments jumps as Sensex gains 374.34 points
Tube Investments of India Ltd. gained 0.2 per cent to Rs 2870.6 at 11:16AM (IST) in Wednesday's trade.
30.08 / 05:59
Provident Target Booking Lattice show performer Suzlon Energy shares hit 5% upper circuit, takes winning run to 4th day
Suzlon Energy hit a 5% upper circuit at Rs 26 in Wednesday's trade on BSE, taking their winning run to the fourth straight session as sentiment for the stock ran high. Meanwhile, in the last four trading sessions, Suzlon Energy shares have surged over 20%. Suzlon Energy also delivered multibagger returns to its investors, as the stock has rallied over 140% year-to-date. It has also jumped over 200% in the last six months and gained over 350% in the past two years. Earlier last week, the firm announced a significantly large new order acquisition for its 3 MW series of wind turbines from Teq Green Power XI Private Limited, part of O2 Power Private Limited. Suzlon will install 64 of its largest wind turbine generators (WTGs) with a Hybrid Lattice Tubular (HLT) tower and a rated capacity of 3.15 MW each for the 201.6 MW wind power project, the company said in an exchange filing. Suzlon will supply the wind turbines (equipment supply) and execute the project including erection and commissioning.
30.08 / 05:59
UPS Lowe's SENSEX show share price Share price of PI Industries falls as Sensex gains 361.03 points
PI Industries Ltd. dropped 0.14 per cent to Rs 3697.8 at 11:21AM (IST) in Wednesday's trade.
30.08 / 05:49
COST UPS Platform show Once valued at $500m, Till Payments is teetering on the brink
Till Payments is in trouble, the latest in a string of local payment companies teetering on the brink. Its board, however, is confident that existing shareholders will step up to keep Till afloat as its fast-growing revenues turn into profit. Without additional funding, it has little chance.
30.08 / 05:47
UPS Chase SENSEX show performer Midcap Mania! Value of FII holding in midcap stocks soar by Rs 1.8 lakh crore in a quarter
BSE Sensex rally 13% in a span of 5 months and scale to all-time highs in July. But a closer look suggested that FII dollars chased midcap stocks much more than the large cap stocks. In 5 months, the S&P BSE Midcap index has gained a whopping 29%, thanks to the steady rise in the holdings of FIIs. The value of FII holding in stocks that are part of the BSE Midcap index increased by a sharp Rs 1.8 lakh crore sequentially in the quarter ended June, data analysed by ETMarkets showed. On the contrary, the value of their holding in smallcap stocks declined sequentially by over Rs 1,200 crore.Big GainersREC was one of the best performing stocks in the midcap space, as the stock turned a multibagger in just 5 months. FIIs have raised their holding in REC for two consecutive quarters.
30.08 / 05:47
COST COP show Seven cops suspended for special treatment to DHFL promoters Wadhawan brothers in custody
Dheeraj Wadhawan, arrested in connection with a multi-crore bank loan scam, during medical check-ups at hospitals in Mumbai, an official said on Wednesday.
30.08 / 05:31
Aware Career Patrick shootings show Inside audience NOT Royal Family did not allow Meghan Markle to say certain dialogues in ‘Suits’, read scripts before shooting
Suits. This new insight was shared by Suits creator Aaron Korsh during a recent interview with The Hollywood Reporter. Meghan Markle's journey from a successful acting career to Royal life has been widely discussed.
30.08 / 05:31
UPS Target CEO Strategy ADP show Gold price today: Rates rise amid positive global cues; what should be your strategy for bullion today?
Gold price in focus as safe haven; should you increase your exposure to gold? Around 10:20 am, MCX Gold for October 5 delivery traded 0.11 per cent higher at ₹59,330 per 10 grams. Experts believe gold prices may trade with a positive bias today. Ravindra Rao, CMT, EPAT, VP – Head Commodity Research, Kotak Securities pointed out that the US ADP non-farm employment change and the second estimate of Q2 GDP are due later today.
30.08 / 05:23
COST UPS Target Fighting show cover negotiations 10 drugs targeted for Medicare price negotiations as Biden pitches cost reductions
President Joe Biden is touting his administration's efforts to lower medical costs
30.08 / 04:31
Strategy show Bharat Petroleum Corporation: Bearish to sideways
By Sahil SwaroopBharat Petroleum Corporation’s daily trend is bearish to sideways. The RSI for monthly, weekly and daily is showing bearish momentum.
30.08 / 04:11
VISA Southern show country China's Map Row: ‘Why don’t we start issuing…', Shashi Tharoor's advice to Jaishankar
China's claim over Arunachal Pradesh and the Aksai Chin. He agreed with Jaishankar's opinion that it's an ‘old habit’ of theirs (China) to put out a so-called ‘standard map’ in the past claiming territories that do not belong to them. "So we have protested China's latest outrage, the issuance of yet another map claiming Arunachal Pradesh as their territory.
30.08 / 04:11
show country India rejects China claims in new “standard map”
The Ministry of External Affairs rejected territorial claims made by China in its 2023 “standard map", which was released on Monday. The map showed Arunachal Pradesh and Aksai Chin, which India claims as part of its territory, as part of China. China claims the former as “South Tibet" while it gained control over Aksai Chin during the 1962 India-China war.
30.08 / 04:11
Provident FIVE show China map row: ‘Entire Ladakh knows…’, Rahul Gandhi after China releases map
Rahul Gandhi on Wednesday reiterated his claims about China "invading" Indian territory in Ladakh. The Congress leader termed the matter of China including Arunachal Pradesh and Aksai China as a part of its territory in its latest edition of the ‘Standard Map’ as a "serious issue". Speaking to the media ahead at the Delhi Airport, Gandhi said, "I have been saying this for many years...
30.08 / 03:53
UPS Target MET Digital show performer etmarkets ETMarkets Smart Talk: Why are FIIs looking at midcap companies? Dr Poonam Tandon decodes
“FIIs also who have missed the rally in Indian markets also are looking at mid-cap companies with better earnings visibility and for better growth opportunities,” says Dr Poonam Tandon, Chief Investment Officer at IndiaFirst Life. In an interview with ETMarkets, Tandon said: “We do believe renewable energy is one of the emerging sectors of the next decade. Nearly 80% of energy requirements are met by coal, oil, and biomass” Edited excerpts:Will another rate hike by the US disrupt equity markets?The minutes of the US Fed’s last policy meeting indicated that interest rates may have to remain higher for longer given the uncertainty around the inflation outlook in the US.
30.08 / 03:21
UPS Lowe's MSCI Nikkei Bitcoin show performer boost week Asian shares hit two-week high on Fed pause bets, China boost
dollar wobbled as weak U.S. labour data bolstered bets that the Federal Reserve was likely done with its interest rate hikes, while beaten-down China stocks rose for a third straight day. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.86% to a two-week top and is on a three-day winning streak.

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