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Mazagon Dock Shipbuilders has received a ‘sell’ call from domestic brokerage house ICICI Securities as it believes the positives have already been factored in.The brokerage has a target price of ₹900 for the stock, indicating a massive downside of over 66 percent from its previous close of ₹2,679.30 (as on June 4)."In our view, factoring in the potential orders of P75 (3 additional submarines), P75I, and next-gen destroyers, and margins at an elevated level in the near term, we believe the positives have already been factored in the stock price. We maintain SELL on MDL with a revised TP of INR 900 (earlier INR 880/share), as per DCF methodology," it said.The defence stock has delivered multibagger returns over the past year, soaring by 171% amid the PSU rally wave.

BNY Mellon is making it easier for advisors to deliver comprehensive investment solutions by bundling services from across its leading platforms.

Demi Moore has struck up a new flirty friendship with popular singer and actor Joe Jonas, according to a few sources, says a PageSix report. It is not known yet whether both of them are in the 'dating' phase, but rumors around both of them are currently on the hype as they have recently bonded after meeting in France last month.

Trade Organization (WTO) as Canberra is making changes to its commitments which New Delhi believes could impact its services trade.

Looking at their tokenisation developments, Habteab told Finextra: “Not only is it powering up those merchants with the additional sales conversion, but it's driving really convenient, secure payment experiences for consumers.”

Delhi: Union Home Minister Amit Shah on Tuesday won the Gandhinagar Lok Sabha seat of Gujarat by a margin of over 7.44 lakh votes, one of the highest in this election, bettering the figure of his 2019 victory. Shah defeated his nearest Congress rival Sonal Patel by a staggering margin of 744716, announced the Election Commission of India.

₹3 trillion from central excise in FY24, a bit lower than ₹3.19 trillion collected in the year before. The finance ministry said that the Central Board of Indirect Taxes and Customs (CBIC) has sought feedback on a draft Central Excise Bill, 2024 by 26 June as part of the pre-legislative consultative process. Considering the time of the release of the draft law for comments and the timeline for submission of comments, it appears this new bill might be introduced in the upcoming budget session, said Gunjan Prabhakaran, partner and leader of indirect tax at BDO India.“Once enacted, the Bill shall replace the Central Excise Act, 1944.

BJP asserted on Tuesday that the Lok Sabha poll victory for its alliance underlines people's faith and confidence in Prime Minister Narendra Modi's vision of «Viksit Bharat». Home Minister Amit Shah said on X that the National Democratic Alliance's (NDA) third consecutive victory in the national election has shown that people's trust is only in Modi. The voters' support is their blessing for the prime minister's work in the last 10 years for the welfare of the poor and farmers, revival of heritage and self-respect of women.

bullet fired at him narrowly? This is what happened to an individual in his real life in Commerce City just outside Denver. A man who got into an argument with an armed individual had a narrow escape when a bullet was fired at him. While many people avoid accessories, they may someday, save someone’s life and this was proved on Tuesday in this particular case. Commerce City in Colorado is about 10 miles northeast of Denver.

exit polls had predicted 22 to 35 seats to the Mahayuti and 15 to 26 seats to the MVA, however, the stituation today is looking reversed.The BJP had contested in 28 constituencies, while Shiv Sena (Shinde) fought in 14 and Ajit Pawar-led NCP in five. In the Maha Vikas Aghadi, Shiv Sena (UBT) contested in 21 constituencies, the Congress in 17, while the NCP (Sharad Pawar) in 10.Maharashtra's politics has become complex since 2022 after Shiv Sena and Nationalist Congress Party split into two parts.

₹10,000 or less. In many poor states, they have spoken about their lived experience, in spite of the official numbers painting a bright picture of the larger economy.The figure of 8% real GDP growth in FY24 has not really found itself trickling down to a vast majority of masses.

Uttar Pradesh, is currently trailing.The Congress candidate, KL Sharma, a loyalist of the Gandhi family, has surged ahead with a lead of over 50,758 votes.This development could indicate a significant shift in Uttar Pradesh during this election, potentially setting the stage for a major upset.Also Read: Smriti Irani, Amethi Election Results 2024 Live Updates: Smriti Irani trailing with a margin of 47,424 votesMeanwhile, Rahul Gandhi is leading from Rae Bareli with 1.24 lakh votes.The INDIA bloc is leading in 43 Lok Sabha seats in UP, while the BJP-led NDA is ahead in 36 seats.Among the INDIA bloc parties, the Samajwadi Party (SP) and Congress are leading in 34 and nine seats, respectively, according to the election panel's data for the 80 parliamentary constituencies in the state. Meanwhile, the BJP is leading in 34 seats, with its ally Rashtriya Lok Dal (RLD) ahead in two.Also Read: Election Results 2024 Live Updates: NDA nears 300 seats; INDIA bloc defies exit poll predictions with 222 leadsNotably, Chandrashekhar of the Azad Samaj Party (Kanshiram) is leading by a margin of 53,250 votes over BJP's Om Kumar in the Nagina constituency.Several prominent leaders have secured comfortable leads over their rivals, including Prime Minister Narendra Modi in Varanasi, Home Minister Rajnath Singh in Lucknow, Samajwadi Party chief Akhilesh Yadavin Kannauj and his wife Dimple Yadav from Mainpuri.

Congress and the INDIA bloc allies, defying all the exit poll projections that had shown them far below the BJP-led NDA. The latest trends – with many more rounds of counting still to go – has put the INDIA bloc above 200 mark and the Congress itself hovering around 90 to 100 range, clearly some of the Opposition pre-poll moves seems to have worked for these parties even though BJP-led NDA is still ahead of the Opposition.

Government bond yields closed at their lowest levels in more than two years, and the rupee logged its largest single-day gain since December, as exit polls predicted a strong victory for the ruling National Democratic Alliance (NDA) in the general elections, kindling expectations of policy continuity. Yield on the 10-year benchmark government ended the day's trade at 6.9438%, its lowest closing level since April 7, 2022, LSEG data showed. The bond had closed at 6.9860% on Friday. Bond prices and yields move inversely. A fall in government bond yields makes it cheaper for companies to raise funds through debt as sovereign bond yields are the pricing benchmarks for corporate debt.

Rahul Dravid on Monday confirmed that the T20 World Cup will be his last tournament as head coach of the Indian cricket team. Dravid, who took charge of the team in November 2021, was not expected to reapply for the high-profile job after the BCCI invited applications last month.

personal loans and credit-card outstanding, has continued to slide in India after the central bank enhanced the risk weighting on such exposures to minimise the likelihood of mounting delinquencies in the banking system.

hydroelectric insurance pools for better disaster protection, and is engaging with regulators and insurers for such products, said GIC chairman Ramaswamy Narayanan.

singer Sonu Nigam, who was in the UK for a concert series, has been awarded an Honorary Fellowship by a leading Indian diaspora students' organisation for his worldwide impact in the field of music. The National Indian Students and Alumni Union (NISAU) UK conferred Nigam with the Fellowship during his packed performance at Wembley Arena in London last weekend. It was presented on stage by veteran British Indian Labour MP Virendra Sharma and Professor Rachel Dwyer, Emeritus Professor of Indian Culture at the School of Oriental and African Studies (SOAS).

Prasar Bharati on Monday announced that it will telecast the ongoing T20 World Cup, the Paris Olympics and Wimbledon on its DD Sports channel. The announcement was made by Prasar Bharati CEO Gaurav Dwivedi during an interaction with the media here.

ALSO READ: Mukesh Ambani & Nita Ambani to host Anant-Radhika's 2nd pre-wedding bash? Check the date, venue and guest list hereHowever, the chief attraction of the event was renowned Italian tenor Andrea Bocelli, who performed and made the celebrations worth remembering. The videos of him singing Falling in Love with You on stage and 'dreamy' scenes from Portofino have surfaced on social media.Reportedly, 1,200 guests attended the final La Dolce Vita event in Portofino, and Ambanis reserved the entire seashore for Anant and Radhika's pre-wedding celebrations.ALSO READ: Anant Ambani-Radhika Merchant second pre-wedding celebrations to take place in Italy | 8 pointsInstagram creator Your Poookie Boo shared a clip of Andrea Bocelli's performance and wrote, “Couldn't get any dreamier than this!! Andrea Bocelli performed Falling in Love with You – an iconic song by Elvis Presley – for the couple Anant and Radhika at their La Dolce Vita in the beautiful Portofino village of Italy."A post shared by yourpoookieboo(YPB) (@yourpoookieboo)Showcasing another video of the crowd vibing to the music, Your Poookie Boo wrote, “Exclusive: ANDREA BOCELLI - The world famous Italian tenor performed for the Anant-Radhika' s pre-wedding's final day celebrations La Dolce Vita.

Kedar Jadhav, the cricketer from India and Maharashtra, made a significant announcement on Monday. He declared his retirement from international cricket, ending a remarkable journey that lasted nearly a decade. This decision caught the attention of cricket fans worldwide, bringing an end to his memorable career.