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₹515 crore over the next five years. The proposed unit to be located in Thiruporur Taluk, Chengalpattu, near Chennai, will provide the maker of soaps and hair colours greater access southern markets. The plant will manufacture the company’s core brands such as Cinthol, Godrej Expert Rich Crème, Godrej Selfie shampoo hair Colour, and Goodknight.

Relative Strength Index (RSI) is a tool that offers insights into stock momentum and potential trends. In this article, we will explore the concept of stocks with rising RSI trends, analyse data from StockEdge on these stocks, and discuss the significance of RSI in shaping investment strategies. The Relative Strength Index (RSI) is a widely-used technical indicator that measures the magnitude of recent price changes in a stock.

Reuters further reported Biden is not anticipated to travel to Indonesia. Furthermore, a Washington-based ambassador representing an ASEAN member revealed that Indonesia was informed on Monday about Biden's decision to not attend. Asked if it was correct that Biden would not be going to Indonesia, a senior White House official told Reuters on Tuesday: "We're still working on it ...

Narendra Modi on Thursday morning held a meeting with Defence Minister Rajnath Singh, Parliamentary Affairs Minister Pralhad Joshi and Union Ministers Piyush Goyal and Arjun Ram Meghwal to discuss the government's strategy in Parliament Prime Minister Narendra Modi is set to address the Lok Sabha on Thursday in response to the Opposition's no-confidence motion against the NDA government. Defence Minister Rajnath Singh confirming the PM's presence at the Parliament on Wednesday, said, “The PM will be present in the House on Thursday to reply to the no-confidence motion." Meanwhile, Union Home Minister Amit Shah also confirmed that the Prime Minister will be present in the House on Thursday to reply to the no-confidence motion. The opposition moved a no-confidence motion against the Modi government on July 26 which was accepted by Lok Sabha Speaker Om Birla.

Meanwhile, from the Indian standpoint, investors will be keenly looking at the monetary policy announcements during the day. The October gold futures were trading with losses at Rs 58,966 per 10 grams on the MCX in the opening trade, down Rs 282 or 0.48%. Meanwhile, September Silver futures were trading at Rs 69950, down Rs 266 or 0.38%.

RBI) Monetary Policy Committee (MPC) meeting outcome, stock market experts have predicted volatility in interest rate sensitive segments like banking, NBFC, auto, real estate and infrastructure. However, they said that RBI is expected to maintain status quo on interest rate and hence any dip in quality stocks in these segments should be seen as buying opportunity by investors.

There is no longer any justification for consuming alcohol excessively and then deciding to drive home, especially in Italy. The Italian government intends to initiate a trial initiative aimed at offering intoxicated individuals the opportunity to utilize complimentary taxi services. Italy is currently testing a strategy to offer free taxi rides to party attendees as a means to reduce instances of drunk driving and mitigate fatal accidents.

By Sahil SwaroopThe daily trend of Apollo Tyres is bullish to sideways. The RSI for monthly, weekly and daily is showing bullish momentum.

Bob Iger's urgent need to overhaul Disney — to turn its streaming division into a profitable enterprise and pull back on its troubled traditional television business — came into sharp relief Wednesday. Disney's streaming operation lost $512 million in the most-recent quarter, the company said, bringing total streaming losses since 2019, when Disney+ was introduced, to more than $11 billion. Disney+ lost roughly 11.7 million subscribers worldwide in the three months that ended July 1, for a new total of 146.1 million.

Disney Co. CEO Bob Iger vowed to make its streaming services profitable via a planned October price hike on its ad-free Disney+ and Hulu plans and a crackdown on password sharing expected to extend through next year. The increases will raise the monthly cost of ad-free Disney+ by $3, or roughly 27%, to almost $14.

electric vehicle platform already in operation in bus applications. The trucks, ranging from 8 to 24 feet in deck length, will feature tailored cargo stacking arrangements.

New Delhi: Retailer Trent Ltd., part of the Tata Group, reported a 44% jump in June quarter profit to ₹148.27 crore from the ₹102.6 crore reported in the year ago period. Standalone revenue from operations grew 53.4% from ₹1,652.86 crore reported in they ago period to ₹2,536.43 crore, the company said in a filing to the exchanges. “Trent witnessed encouraging revenue growth during Q1FY24 amidst relatively subdued market conditions.

When Anna McGrath took the reins from former local Aldi boss Tom Daunt, he told her: “Don’t hold back.”

By Carolina Mandl

Department of Telecommunications (DoT) has screened more than 11.4 million active mobile phone connections, of which 6 million have been found to be fraudulent. While the department has already disconnected 5 million such connections, work is going on to block the remaining connections, as the government doubles down on checking cybercrimes and catching criminals.

MUMBAI : I am leaving, but I am still there," said A. M. Naik, the departing chairman of engineering and construction giant Larsen & Toubro (L&T) Ltd, while addressing his final and the conglomerate’s 78th annual general meeting (AGM) on Wednesday.

electric vehicle market in India will prove to be a tipping point for faster penetration of luxury vehicles, as the EV mass market price points shift from ₹10 lakh- ₹20 lakh to ₹30 lakh- ₹35 lakh, making the transition from mass market to luxury vehicle “more gradual" and “easier", said Santosh Iyer, managing director and chief executive, Mercedes Benz India. The company, which sells only two electric models in India—its flagship EQS sedan and a seven-seater electric sport utility vehicle (SUV) EQB—said it will launch three to four EVs within 12-18 months. However, EVs are not the “top priority" for Mercedes, due to a lack of availability globally.

₹7,505.32 crore in July from ₹8,244.8 crore in the previous month, showed data from the Association of Mutual Funds in India (Amfi). This was marked by outflows worth ₹1,880 crore from large cap funds, continuing the trend seen in June that saw outflows of ₹2,049.61 crore, as investors booked profits amid a rally in the stock markets. However, mid- and small-cap funds remained the favourite of investors.

₹1,141 crore as compared to ₹884 crore during the same period last year. The company attributed its performance to sustained business growth across all clusters, but profits from its coal companies have reduced. “We have been able to get orders of 1,200 MW in Q1.

It’s time to celebrate when the home loan is finally paid off after years of servicing EMIs, or equated monthly instalments. There is jubilation, and relief. After all, the house is finally (technically and financially), yours. What next? Your home loan is over. That means you now have surplus money left over each month in the absence of EMIs. What should you do with that money?

Here is your Pro Recap of the biggest analyst cuts you may have missed since yesterday: downgrades at Qualcomm, Datadog, RingCentral, and Celanese.