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02.08 / 13:06
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Mother of former probationary IAS officer Puja Khedkar gets bail in criminal intimidation case
Manorama Khedkar, mother of former probationary IAS officer Puja Khedkar, was granted bail by a Pune court in criminal intimidation case on Friday. The bail comes after Manorama completed 14 days in judicial custody after having served a four-day police custody. She was arrested from a lodge at Hirkaniwadi village near Mahad in Raigad district on July 18. Police had launched a search for Manorama and her husband, Dilip Khedkar, after a video surfaced showing her allegedly threatening some persons with a gun over a land dispute at Dhadwali village in Pune's Mulshi tehsil in 2023.
02.08 / 12:53
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Govt issues 5th draft notification to declare over 56k sq km of Western Ghats eco sensitive
draft notification to declare over 56,800 square kilometres of the Western Ghats across six states, including 13 villages in Kerala's landslide-hit Wayanad, Ecologically Sensitive Area (ESA), inviting suggestions and objections within 60 days. The notification was issued on July 31, a day after a series of landslides claimed over 290 lives in Wayanad district. The draft notification proposes to declare 9,993.7 sq km in Kerala, including 13 villages in two talukas of the landslide-hit district, ecologically sensitive. Overall, the notification includes 449 sq km in Gujarat, 17,340 sq km in Maharashtra, 1,461 sq km in Goa, 20,668 sq km in Karnataka, 6,914 sq km in Tamil Nadu, and 9,993.7 sq km in Kerala in the proposed ESA.
02.08 / 12:41
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Titan Q1 Results: Standalone net profit falls marginally YoY to Rs 770 crore, revenue rises by 9%
Titan Company on Friday reported a standalone net profit of Rs 770 crore for the quarter ended June 30, 2024, which was down by nearly 1% over Rs 777 crore reported by the company in the year-ago period. Standalone revenue from operations stood at 11,263 crore, which was higher by 9.3% versus Rs 10,306 crore reported by the company in the corresponding quarter of the last financial year.
02.08 / 12:39
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772 new train services, including 100 Vande Bharats, introduced in five years: Rail Minister
train services, including 100 Vande Bharat services, have been introduced in the Indian Railways network from 2019-2020 to 2023-2024, Union Minister Ashwini Vaishnaw informed the Rajya Sabha on Friday. The railway minister's written response came after BJP MP Neeraj Shekhar sought to know the number of new trains proposed to be run during 2024-25 and new trains like Vande Bharat, Rajdhani and other trains started in the last five years with year-wise and zone-wise details.
02.08 / 12:18
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Options trading on expiry day like playing in casino for jackpot: Sebi official
options trading, markets regulator Sebi’s whole-time member Ananth Narayan on Friday pointed out how some traders are treating expiry day trading as playing in a casino for a jackpot. “Trading in index options, specifically close to expiry, then starts to resemble a slot machine in a casino with individuals putting coins into the machine hoping to hit the jackpot. It would be unfair to compare all of equity F&O with a casino and lose sight of its utility in capital formation. That’s not what we are saying. We are talking only about the specific portions of trading closer to expiry,” Narayan said at a FICCI event.
02.08 / 12:15
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Sensex falls! These stocks fell 5% or more in Friday's session
On the BSE, Supershakti Metaliks(down 15.69 per cent), Suryalata Spin(down 14.85 per cent), Diggi Multitrade(down 13.45 per cent), Alliance Int.(down 11.14 per cent) and Celebrity Fash(down 10.43 per cent) stood among the top losers in today's trade.
02.08 / 12:02
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Share market update: Most active stocks in today's market in terms of volume
The NSE Nifty index closed 293.21 points down at 24717.7, while BSE Sensex ended down 885.6 points at 80981.95.
02.08 / 08:11
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Share price of HDFC AMC falls as Sensex drops 610.58 points
HDFC Asset Management Company Ltd. dropped 0.52 per cent to Rs 4155.7 at 11:46AM (IST) in Friday's trade. The stock hit a high of Rs 4159.0 and low of Rs 4102.05 so far during the session. The stock had closed at Rs 4177.8 in the previous session. The counter had a total traded volume of 11:46AM shares so far with a turnover of Rs 7.41 crore on BSE. The stock traded at a price-to-earnings multiple of 42.76 and a price-to-book ratio of 11.32.
02.08 / 07:54
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Is the H-1B visa lottery rigged against foreign skilled workers?
H-1B visa lottery in the United States, held each April, shapes the lives of hundreds of thousands of aspiring skilled workers. However, with only about 85,000 H-1B visas available each year, competition is fierce, and the odds of success have diminished as application numbers soar. Recent data obtained by Bloomberg News has exposed how certain companies have exploited loopholes in the H-1B system, effectively rigging the lottery in their favor.
02.08 / 07:35
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Delhi HC appoints arbitrator to settle dispute between PVR INOX, Ansal Plaza Mall over sealed multiplex
Delhi High Court has appointed an arbitrator to resolve the dispute between PVR INOX and Ansal Plaza Mall in Greater Noida. PVR INOX claims that its four-screen multiplex at Ansal Plaza Mall was sealed due to unpaid government dues by the lessor, Sheetal Ansal. PVR INOX has filed a claim of approximately Rs 4.5 crore in the Delhi High Court, seeking arbitration to address the issue. In an order passed by Justice C Hari Shankar, he said, «Prima facie, an arbitrable dispute has arisen between the parties, which is amenable to arbitration in terms of the arbitration clause extracted. As the parties have not been able to come to a consensus regarding the arbitrator to arbitrate on the disputes, this Court has to intervene. Accordingly, this Court appoints the arbitrator to arbitrate on the disputes between the parties. Court noted that the Counsel for Respondent/lessor also be permitted for counter-claim to be agitated in the arbitration proceedings.»
02.08 / 07:22
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SRF shares down 2.6% as Nifty drops
SRF Ltd. traded 2.6 per cent down in Friday's trade at 12:07PM (IST). Around 11,747 shares changed hands on the counter. The counter opened at Rs 2572.55 and touched an intraday high and low of Rs 2617.5 and Rs 2554.25, respectively, in the session so far. The stock of SRF Ltd. quoted a 52-week high of Rs 2697.45 and a 52-week low of Rs 2081.25.
02.08 / 07:15
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Shares of Marico fall as Nifty drops
Marico Ltd. slipped 0.88 per cent to Rs 668.95 in Friday's trade as of 11:31AM (IST). It hit a high of Rs 677.0 and low of Rs 666.3 during the session. The stock quoted a 52-week high price of Rs 690.95 and a low of Rs 486.75. The return on equity for the stock stood at 38.64 per cent. About 12,724 shares have changed hands on the counter so far.
02.08 / 06:56
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Spreading disinformation: Union Minister Giriraj Singh on Rahul Gandhi's "wating for ED with open arms"
Lok Sabha LoP Rahul Gandhi's statement that he will be waiting for ED with «open arms,» Union Minister Giriraj Singh on Friday said that it is the country's «misfortune» that Rahul Gandhi is LoP, adding that the latter is «spreading disinformation.» Congress MP Rahul Gandhi claimed on Friday that the Directorate of Enforcement (ED) was planning a raid on him following his 'Chakravtyuh' speech in the parliament on July 29. «I believe that it is the country's misfortune that Rahul Gandhi is LoP. Along with lying inside the Parliament, he is also spreading disinformation outside...he is ashamed, he asks about the caste of the whole world,» Giriraj Singh told ANI.
02.08 / 06:36
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Himachal cloudburst: Rescue operation underway to trace 45 missing people
Thirty-three people were also stuck in Malana II power project in Manikaran area of Kullu district. Deputy Commissioner Kullu, Torul S Raveesh, said 29 out of the 33 have been rescued.
02.08 / 06:34
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Crompton Greaves shares down 1.34% as Nifty drops
Crompton Greaves Consumer Electricals Ltd. traded 1.34 per cent down in Friday's trade at 11:42AM (IST). Around 50,955 shares changed hands on the counter. The counter opened at Rs 449.0 and touched an intraday high and low of Rs 452.0 and Rs 441.35, respectively, in the session so far. Shares of the company of Crompton Greaves Consumer Electricals Ltd. quoted a 52-week high of Rs 470.5 and a 52-week low of Rs 262.1.
02.08 / 06:04
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Tata Elxsi shares drop 0.3% as Sensex falls
Tata Elxsi Ltd. traded at Rs 6919.4 on BSE at 10:40AM (IST) on Friday, down 0.3 per cent. The stock quoted a 52-week low price of Rs 6406.6 and a high of Rs 9191.1. Earlier in the day, the stock saw a gap down opening.
02.08 / 06:00
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Avenue Supermart shares down 0.58% as Nifty drops
Avenue Supermarts Ltd. traded 0.58 per cent down in Friday's trade at 10:51AM (IST). Around 4,049 shares changed hands on the counter. The scrip opened at Rs 4955.0 and touched an intraday high and low of Rs 4974.95 and Rs 4944.05, respectively, in the session so far. Shares of the company of Avenue Supermarts Ltd. quoted a 52-week high of Rs 5220.0 and a 52-week low of Rs 3493.05.
02.08 / 05:36
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Varun Beverages shares down 0.21% as Nifty falls
Varun Beverages Ltd. rose 0.21 per cent to Rs 1572.2 in Friday's trade. It hit an intraday high of Rs 1580.25 and low of Rs 1551.95, respectively, during the day. The stock quoted a 52-week high price of Rs 1707.1 and low of Rs 800.05.
02.08 / 05:33
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Pidilite Ind shares up 0.04% as Nifty falls
Pidilite Industries Ltd. rose 0.04 per cent to Rs 3125.0 in Friday's trade. It hit an intraday high of Rs 3145.5 and low of Rs 3111.05, respectively, during the day. The stock quoted a 52-week high price of Rs 3244.65 and low of Rs 2293.1.
02.08 / 03:59
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Adani Ports profit rises 47% on income from divestment
Adani Ports and Special Economic Zones (APSEZ) reported a 47% increase in quarterly consolidated net profit on Thursday, boosted by a one-time income from divesting a stake in a container terminal subsidiary. Net profit for the June quarter stood at ₹3,113 crore compared with ₹2,115 crore a year ago, the company said, adding that it completed the sale of a 49% equity stake in Adani Ennore Container Terminal, realising a gain of ₹603.27 crore.
02.08 / 03:56
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Q1 results today: Titan among 98 companies to announce earnings on Friday
Titan, Hindustan Zinc and Delhivery. Apart from the above, companies like Britannia, Aeroflex Industries, IDFC, Infibeam Avenues, Ion Exchange, LIC Housing Finance, Lloyds Enterprises, NIIT, Samhi Hotels, Saregama will also declare their June quarter results.
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