WhatsApp Financial News
15.04 / 12:29
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Chaitra Navratri Durga Ashtami 2024: Wishes, quotes, messages, Whatsapp and Facebook status
Ashtami 2024 is a significant Hindu festival celebrated with grandeur across the country. This day is dedicated to the eighth manifestation of Goddess Durga, specifically Goddess Maha Gauri. The Navratri days and nights are a sacred period for worshipping Goddess Durga. According to the Hindu calendar, Durga Ashtami falls on the Eighth day or Ashtami Tithi of Shukla Paksha in the month of Chaitra, which is on April 16, 2024.Chaitra Durga Ashtami 2024: Date and Time
15.04 / 12:29
UPS
security
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Financial
Motilal Oswal Financial Services to raise up to Rs 1,000 cr via NCDs
Motilal Oswal Financial Services on Monday said it plans to raise up to Rs 1,000 crore by issuing non-convertible debentures (NCDs) through public issue. The company proposes to raise through the Secured Redeemable Non-Convertible Debentures (NCDs) of the face value of Rs 1,000 each for an amount up to Rs 500 crore (Base Issue Size), with a green shoe option of up to Rs 500 crore, cumulatively aggregating up to Rs 1,000 crore. There are eight series of NCDs carrying fixed coupons and having a tenure of 24 months, 36 months, 60 months, and 120 months with annual, monthly and at maturity interest options.
15.04 / 11:07
IPO
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Sporting
Deepak Builders & Engineers files draft papers with Sebi to raise funds via IPO
The initial public offering (IPO) is a combination of 1.2 crore fresh issue of equity shares and an Offer For Sale (OFS) of 24 lakh equity shares by promoters — Deepak Kumar Singal and Sunita Singal, according to the Draft Red Herring Prospectus (DRHP).
15.04 / 11:07
Provident
security
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Bank of India partners with IMGC for mortgage guarantee-backed products
Bank Of India and India Mortgage Guarantee Corporation (IMGC) have partnered to offer mortgage guarantee backed home loan products, focusing on salaried and self employed customers in the affordable housing segments. IMGC is India's first mortgage guarantee company with over 5,100 branches and plans to provide home loan products with more flexibility and security to customers. “The Bank has launched a Home Loan product with a mortgage guarantee provided by IMGC to strengthen the credit delivery system and facilitate flow of credit to the affordable housing sector”, said A K Pathak, Chief General Manager, Bank Of India.
15.04 / 11:07
markets
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Updates
Share market update: Most active stocks in today's market in terms of volume
The NSE Nifty index closed 246.91 points down at 22272.5, while BSE Sensex ended down 845.12 points at 73399.78.
15.04 / 10:29
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M K Stalin says GST 'exploitative'
DMK President and Chief Minister M K Stalin on Monday dubbed the GST as «exploitative» of the poor and wanted to know if «taking a selfie» too would next fall under the taxation net. Stalin, in a post on 'X' wondered that there is levy of taxes under the GST Acts for «everything from a hotel to getting a two-wheeler repaired.» Middle class families, after seeing the GST component in food bills in restaurants lament the #GabbarSinghTax.
15.04 / 10:29
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Tesla
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International
Tesla to lay off more than 10% of its staff
Tesla will lay off more than 10% of its workforce, tech publication Electrek reported on Monday, citing an internal memo. The world's largest auto-maker by market value had 140,473 employees globally as of December, according to its latest annual report.
15.04 / 09:51
markets
Gap
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band
Vodafone Idea FPO: Kotak highlights 3 crucial points how the public issue will impact the company
Vodafone Idea FPO: The follow-on public offering (FPO) by Vodafone Idea, valued at ₹18,000 crore, is seen by domestic brokerage Kotak Institutional Equities as a positive move, even if it was somewhat delayed. It will likely plug the network coverage gap and boost the company's competitiveness relative to its peers.
15.04 / 09:23
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Food
stage
shock
Monsoon rainfall seen above normal in 2024 in India, IMD says
The monsoon rains are seen at 106 per cent of long-term average in 2024. «India is likely to see above-normal monsoon with cumulative rainfall estimated at 106 per cent of long-period average of 87 cm,» IMD said.
15.04 / 08:47
Aviat
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International
Oman flash floods: 12, including one from Kerala, dead; schools shifted to online mode
Oman News Agency. The expatriate who died was identified as Sadanandan, a Kollam native, after a wall collapsed on him, according to Onmanorama.com.
15.04 / 08:47
markets
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Southern
International
Adani's Ambuja Cements to buy My Home Group's grinding unit in TN for Rs 413.75 crore
Ambuja Cements on Monday said it will acquire My Home Group's cement grinding unit at Tuticorin in Tamil Nadu for a total value of Rs 413.75 crore. The company — a part of the Adani Group — has signed a definitive agreement to acquire the cement grinding unit of the My Home Group, which has a capacity of 1.5 MTPA, Ambuja Cements said in a statement. «The acquisition estimated at a total value of Rs 413.75 crore through internal accruals will aid in enhancing the coastal footprint across southern markets of Tamil Nadu and Kerala,» it added. The total cement capacity of Adani Group stands at 78.9 MTPA, the company said.
15.04 / 08:33
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Pidilite Ind shares drop 2.34% as Sensex falls
Pidilite Industries Ltd. traded 2.34 per cent lower in Monday's session at 01:39PM (IST). The stock opened at Rs 2925.6 and has touched an intraday high and low of Rs 2949.8 and Rs 2903.85, respectively, during the session so far. The stock quoted a 52-week high of Rs 3073.2 and a 52-week low of 2293.1. About 5,202 shares changed hands on the counter so far.
15.04 / 08:33
markets
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Tata Power shares down 0.34% as Nifty drops
Tata Power Company Ltd. traded 0.34 per cent down in Monday's trade at 01:44PM (IST). Around 4,260,484 shares changed hands on the counter. The stock opened at Rs 400.15 and touched an intraday high and low of Rs 441.4 and Rs 400.15, respectively, in the session so far. The stock of Tata Power Company Ltd. quoted a 52-week high of Rs 444.1 and a 52-week low of Rs 193.05.
15.04 / 08:33
Election
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reports
prevention
EC orders removal of Murshidabad DIG following violence
Election Commission on Monday ordered the removal of DIG of Murshidabad in West Bengal following violence, and for the officer's «lack of supervision» to immediately prevent more incidents, sources said. They said two violent incidents were reported there in which weapons and explosives were used.
15.04 / 08:33
UPS
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Mahindra arm forays into hybrid renewables segment with a Rs 1,200 crore project
Mahindra Group will foray into the hybrid renewable energy segment with an investment of Rs 1,200 in a solar and wind project, the company said in a stock exchange filing on Monday. Mahindra Susten, its renewable energy platform, will develop the project along with Ontario Teachers' Pension Plan Board as a strategic partner. As a part of this project, the group will install ˜101 MW wind capacity and ˜52 MW solar capacity. The project will be one of the largest co-located solar + wind hybrid projects in Maharashtra to deliver clean energy to Commercial and Industrial (C&I) customers, it said.
15.04 / 08:09
markets
Booking
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Bandhan Bank shares drop 2.54% as Sensex falls
Bandhan Bank Ltd. traded at Rs 178.3 on BSE at 01:14PM (IST) on Monday, down 2.54 per cent. The stock quoted a 52-week low price of Rs 173.45 and a high of Rs 272.0. Earlier in the day, the stock saw a gap down opening.
15.04 / 08:09
Cooper
Action
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Justice
Courts
Investigations
Arvind Kejriwal arrested: SC issues notice to ED, Delhi CM to remain in jail till April 29
Enforcement Directorate after arrested Delhi Chief Minister Arvind Kejriwal moved the apex court seeking relief in the ongoing money laundering probe in the excise policy case. SC bench comprising Justices Sanjiv Khanna and Dipankar Datta served ED the notice in his plea challengin the Delhi High Court's decision upholding his arrest in the matter. The ED has been asked to file a reply to Kejriwal's plea by April 24. The plea has been posted for hearing in the week commencing April 29.
15.04 / 08:09
markets
economy
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Europe's largest money manager Amundi says bet on India, EM stock outside China for best returns
Amundi, Europe's largest asset manager, said on Monday that equities in India and emerging markets outside China will offer the most appealing returns in the coming 10 years, with U.S. stocks overall likely to lag. In a note on 10-year expected returns, Amundi said it has downgraded its predictions on U.S. market returns given that investors have now fully priced in growth expectations, especially in mega cap stocks.
15.04 / 08:09
Election
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BJP poll manifesto has nothing for poor, says Rahul Gandhi
Congress leader Rahul Gandhi on Monday said the BJP poll manifesto does not have anything for the poor but talks about bidding for the 2036 Olympics. The BJP was keen on pushing its agenda of «One nation, one election,» he said accusing the ruling dispensation at the Centre, during his brief visit to Nilgiris district. «What are the BJP's policies for the poor?» Gandhi asked during his interaction with college students at Thaloor here before proceeding to Wayanad in Kerala. The Congress manifesto has policies for all sections of the people including the youth and women. «But the BJP election manifesto talks about holding Olympics in 2036. This is the difference between the Congress and the BJP,» he said.
15.04 / 06:05
markets
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reports
Page Industries shares down 1.76% as Nifty drops
Page Industries Ltd. traded 1.76 per cent down in Monday's trade at 11:21AM (IST). Around 887 shares changed hands on the counter. The stock opened at Rs 35200.05 and touched an intraday high and low of Rs 35830.0 and Rs 35200.0, respectively, in the session so far. Shares of the company of Page Industries Ltd. quoted a 52-week high of Rs 43599.0 and a 52-week low of Rs 33100.0.
15.04 / 06:05
markets
Enterprise
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Nestle
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Updates
Share market update: Most active stocks on D-Street today in terms of volume
The NSE Nifty index was trading 156.16 points down at 22363.25, while BSE Sensex was down 531.3 points at 73713.6 at the time of writing this report.
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