Strategy Financial News

04.11 / 06:29
markets Strategy Analysis trends Trade Experts show Share price of Bank of Baroda as Sensex drops 1353.57 points
Bank of Baroda 1.71 per cent to Rs 249.35 at 11:40AM (IST) in Monday's trade. The stock has hit a high of Rs 253.55 and low of Rs 247.60 so far during the session. The stock had closed at Rs 253.70 in the previous session. The counter has had a total traded volume of 580039 shares so far with a value of Rs 14.51 crore on the NSE. It traded at a price-to-earnings multiple of 6.44 and a price-to-book ratio of 1.14.
04.11 / 06:07
markets security Strategy Analysis Align show prevention Sebi's fixed timelines to address delays in NFO fund deployment
Subscribe to enjoy similar stories. NEW DELHI : In a pivotal regulatory proposal, the Securities and Exchange Board of India (Sebi) has outlined fixed timelines for deploying funds collected through new fund offers (NFOs). The proposal mandates asset management companies (AMCs) to allocate funds within 30 days of NFO closure, with a possible 30-day extension upon committee approval.
04.11 / 05:41
markets Strategy Analysis Trade Experts reports Updates Stock market update: Nifty IT index 0.98% in a weak market
Tech Mahindra Ltd.(up 0.73 per cent) were among the top gainers.
04.11 / 05:41
markets Booking Gap Strategy Trade Experts reports Shriram Finance shares 0.96% as Sensex falls
Shriram Finance Ltd. 0.96 per cent to Rs 3120.85 in Monday's session as of 11:01AM (IST) even as the equity benchmark Sensex traded 1191.16 points at 78532.96. Earlier in the day, the stock witnessed a gap down start to the session. The stock quoted a 52-week high price of Rs 3652.15 and a 52-week low of Rs 1910.55 on NSE. Around 7956 shares changed hands on the counter till 11:01AM (IST).
04.11 / 05:41
markets Strategy Analysis trends Trade Experts reports Bharat Forge shares 0.94% as Sensex falls
Bharat Forge Ltd. traded 0.94 per cent in Monday's session at 10:49AM (IST). The stock opened at Rs 1430.00 and has touched an intraday high and low of Rs 1435.90 and Rs 1396.75, respectively, during the session so far. The stock quoted a 52-week high of Rs 1826.20 and a 52-week low of 1015.60. About 9,122 shares changed hands on the counter so far.
04.11 / 05:41
markets Digital Strategy Experts PAM travelers Courts How can I get a British passport?
British passport if you have British nationality. But there are some circumstances where your application can be refused or your existing passport can be retained. When you can get or hold a British passport You must have British nationality to apply for or hold a British passport.
04.11 / 05:41
markets SUN Strategy Trade Experts Updates Stock market update: Stocks that hit 52-week lows on NSE
Domestic benchmark index NSE Nifty fell 412.75 points to 23891.6, while the BSE Sensex traded 1191.16 points down at 78532.96.
04.11 / 05:41
markets Strategy Analysis Research Trade Experts Commentary Tube Investments shares 1.34% as Nifty falls
Tube Investments of India Ltd. rose 1.34 per cent to Rs 4401.20 in Monday's trade. It hit an intraday high of Rs 4511.95 and low of Rs 4390.00, respectively, during the day. The stock quoted a 52-week high price of Rs 4807.05 and low of Rs 3082.55.
04.11 / 05:41
markets Digital Strategy awards Nov travelers Chhath Puja 2024: 195 Special festival trains to ease travel on November 4; Check full schedule inside
Indian Railways is managing increased passenger demand during the Chhath festival by operating special trains. Following the successful management of passenger rush during Durga Puja, Dussehra, and Diwali, the national transporter is now running over 7000 festival special trains up to the Chhath festival in 2024. Today, November 4, 2024, Northern Railway operates 39 Festival Special trains. This measure aims to accommodate the surge of travelers heading towards Bihar, Uttar Pradesh, and other regions. These Festival Special trains are particularly focused on routes from Delhi to various destinations in Bihar and Uttar Pradesh. This step is taken to ensure smooth travel during the festive season.
04.11 / 05:41
markets Manufacturing Strategy Election Trade Experts country How the US election could change the direction of trade winds for India
US Presidential election of 2024 is one the most watched political events of recent times especially as the outcome will have a huge impact on international trade. In the past few decades, many American politicians have talked about attracting manufacturing investment and jobs back to the country after the manufacturing of goods consumed by Americans has spread across the globe and manufacturing jobs have dwindled in the USA. Countries that export substantially to the USA or have been the destination of manufacturing investment in the past three decades are likely to be targets of trade action in the near future. In any case, the countries with whom the USA runs a large trade deficit are on the radar of at least one potential aspirant to the White House. India is one of those countries. The US happens to be the largest destination for Indian merchandise exports. In 2023-24, imports into India from the USA amounted to $42.2 billion, while exports from India were valued at $77.52 billion.
04.11 / 05:41
markets UPS Digital Strategy Death reports Bus falls into gorge in Uttarakhand, seven dead
Almora district, a senior official said. The bus was going from Garhwal to Kumaon when the accident took place at Marchula in Almora, District Magistrate Alok Kumar Pandey said. So far seven deaths have been reported, he said. The casualties may go up as there were around 40 passengers in the bus when it fell into a 200-metre deep gorge, Pandey said.
04.11 / 05:41
markets Digital Merit Strategy Department recommendations International Govt invites applications for RBI deputy governor
Government of India has invited applications for the post of RBI deputy governor by November 30 to replace incumbent Michael Patra at the Reserve Bank of India (RBI). Applicants need to have at least 25 years of work experience in public administration or similar years of experience in an Indian or international public financial institution. The government will also consider persons of exceptional merit and track record at the national or international level in the relevant fields. However, the Financial Sector Regulatory Appointments Search Committee (FSRASC) is free to identify and recommend any other person also, based on merit, who has not applied for the post, an advertisement in newspapers and also on the RBI website said.
04.11 / 01:17
markets Strategy Analysis Election Trade Experts show Asian shares mixed as US polls signal no clear leader
US presidential election polling data showed no clear advantage between Kamala Harris and Donald Trump. Oil rose after OPEC+ delayed a hike in output. The greenback dropped against most major currencies such as the yen and the Australian dollar in early Monday trading, while 10-year Treasury futures rose.
03.11 / 21:25
markets UPS Target Digital Strategy Caseys Armor: Heist thriller’s plot, trailer and release date
Sylvester Stallone stars in Armor, an intense heist thriller set for a November 2024 release. The story follows Stallone’s seasoned thief as he attempts a high-stakes armored truck robbery that takes unexpected twists.
03.11 / 21:25
markets Digital Racing Strategy Election show US election 2024 result prediction: Kamala Harris is gaining new strength against Donald Trump, show exit polls
It has been decades since the polls have shown the nation facing a presidential race that is so close across so many states in both the Sun Belt and the Rust Belt. The tightly contested landscape means the race remains highly uncertain as the campaign enters its final hours, as per a report on NYT News Service. Harris is now narrowly ahead in Nevada, North Carolina and Wisconsin, the polls show, while Trump leads in Arizona. The polls show them locked in close races in Michigan, Georgia and Pennsylvania. But the results in all seven states are within the margin of sampling error, meaning neither candidate has a definitive lead in any of them.
03.11 / 20:25
markets Strategy Sustainability reports Schools Liquor sales expected to surge beyond Diwali 2024 in key states
Liquor sales in some states got a festive spark in October, with bottles flying off the shelves amid Durga Puja and the run-up to Diwali, shaking off the blues of a muted July-September. Companies expect the spirited recovery not to be limited to the festive season, but continue for the rest of this quarter, with the wedding season setting in and Christmas-New Year holidays ahead. “We see demand picking up due to warmer-than-usual weather,” said Ankur Jain, chief executive and founder of B9 Beverages, maker of Bira beer. “Specifically, premium beer has made inroads into gifting. We expect festive season momentum will continue into November and December.”
03.11 / 20:25
markets Digital Strategy film Experts voice Schools Paddington in Peru: See plot, cast, production team and release date
Paddington in Peru, the latest installment of the Paddington film series. The movie’s trailer dropped following the UK release over the summer.
03.11 / 20:25
markets Digital Strategy Enterprise Research Experts PAM Airtel revenues likely to grow 13-16% through FY27
Bharti Airtel is slated to deliver 13%-16% growth in consolidated revenues/Ebitda compounded annually through FY24-FY27, propelled by a combination of more frequent tariff hikes, a ramp-up of its 5G-based fixed wireless access (FWA) offerings as well as a steady growth of its non-mobile businesses and Africa operations, analysts said. They added that reduced capex spends towards 5G and rural network expansion from FY25 onwards is also slated to help the nation's second-largest telco generate substantial free cash flows (FCF) in the next two fiscals. «With a moderation in capex intensity, Airtel is likely to generate significant free cash flows of ₹33,000 crore-₹43,000 crore in FY25-FY26, which should lead to significant deleveraging and improvement in shareholder returns,» Motilal Oswal said in a research note seen by ET.
03.11 / 20:25
markets Citi Digital Strategy awards wellness PAM Why Chennai’s data centre market is thriving
data centre market. With a colocation capacity of 88 MW, the city is well positioned for the digital economy of the future. Sobia Khan finds out more:
03.11 / 20:25
markets COST UPS Strategy Experts PAM Realtors approach govt over National Green Tribunal ruling for central appraisals
Real estate developers across the country have approached the government, raising concerns over a recent National Green Tribunal ruling that requires them to secure environmental clearances for projects from central authorities as against state agencies, saying the shift will delay projects and drive up operational costs. Until now, the State Environment Impact Assessment Authority (SEIAA) used to grant environmental clearances to real estate projects. This system allowed local authorities, familiar with the regional geography and specific regulations—since land is a state subject—to efficiently approve projects tailored to the area's needs. But an NGT judgment in August unilaterally reversed this situation and directed the ministry of environment & forest (MOEF) to get all real estate projects appraised by the Sectoral Expert Appraisal Committee (SEAC) at the centre.
03.11 / 17:49
markets UPS Digital Platform Strategy reports International Banks seek integration with RBI platform to monitor LRS limits
Reserve Bank of India (RBI) seeking integration with its Centralised Information Management System (CIMS) platform, aiming for real-time verification of limit utilisation under the Liberal Remittance Scheme (LRS), said people familiar with the development. Under the LRS, Indian citizens are allowed to remit up to $250,000 per financial year for various permissible transactions. The move can also fast-track the inclusion of international credit card spending under LRS regulations, according to the people.

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