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07.11 / 12:29
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Tamil Nadu rains: IMD predicts more showers till tomorrow. Check full weather forecast for the next 4 days here
Tamil Nadu rains: The India Meteorological Department (IMD) predicted more showers till tomorrow, November 8 in view of presence cyclonic circulation over Southeast Arabian Sea. Tamil Nadu and Coastal Andhra Pradesh witnessed heavy rainfall during past 24 hours till 8:00 am today.
07.11 / 12:06
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SIP for marriage expenses: Where to invest for accumulating money? A guide on Mutual Fund suggestions
I want to save money for my niece and nephew for their marriage. I don’t want to overburden myself so plan to keep a small amount safely for them. I have two nephews and two nieces, one nephew is in college while the other is in 12th. One niece is in her second year of college while the other is in class 5. Could you suggest some SIP specifically for marriage purposes? Should I start SIP for all individually or one would do depending on the age gap? I belong to a middle-class family.
07.11 / 11:02
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Chhattisgarh polls: Naxal encounters, IED blast reported amid voting; 3 security personnel injured
Chhattisgarh Assembly Elections 2023: Three separate incidents of Naxal violence, and IED blasts were reported in Chhattisgarh's Kanker which is voting in the first phase on 7 November, Tuesday. A commando of CoBRA, an elite unit of CRPF, was injured in the improvised explosive device (IED) blast triggered by Naxalites in Sukma district.
07.11 / 11:02
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Bihar Caste Survey reveals over one-third household earns less than ₹6,000 a month
₹6,000 a month, the Nitish Kumar-led government has informed the Bihar legislative Assembly on Tuesday. The Janata Dal (United) leader, Nitish Kumar, had sanctioned conducting a caste-based survey in Bihar which has also revealed that more than 50 lakh Biharis were living outside the state in search of livelihood or better education opportunities.
07.11 / 10:22
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‘Profitable’, ‘separate entity’: WeWork India clarifies after parent group files for bankruptcy in US
WeWork India, the Indian arm of global co-working space firm WeWork Inc, on November 6 said it is a “profitable" and “separate entity" whose operations would not be affected by the parent group's bankruptcy filing. The clarification came hours after WeWork Inc filed for Chapter 11 bankruptcy in New Jersey and listed nearly $19 billion in debt. WeWork India, in a statement, said it “operates independently of WeWork Global, and our operations will not be affected in any manner".
07.11 / 10:22
IPO
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Protean eGov Technologies IPO: Check out 10 key things to know from RHP before investing
On day 1, Protean eGov Technologies IPO subscription status was 1.80 times. Protean eGov Technologies IPO price band has been fixed in the range of ₹752 to ₹792 per equity share of face value of ₹10.
07.11 / 09:32
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Israel will have security responsibility in Palestine 'indefinitely', says Benjamin Netanyahu
Gaza has murdered thousands of Palestinians. On Tuesday, Netanyahu said that Israel will have “overall security responsibility" in Gaza for an indefinite period after its war with Hamas.
07.11 / 09:32
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Diwali 2023: Can Nifty 50 hit 25,000, Sensex touch 75,000 in Samvat 2080? Here's what experts say
General Elections, inflation and interest rate trajectory are the key factors that will influence the market. Also Read: Stock Markets and Diwali 2023: What could be the top challenges before Nifty 50 in Samvat 2080? Analysts explain We talked to several experts to gain insights into their expectations regarding the market's trajectory in Samvat 2080 and the potential milestones the Nifty 50 may reach in the new Samvat.
07.11 / 09:32
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India successfully test-fires 'Pralay' missile off Odisha coast
defence requirements along its borders with neighbouring China and Pakistan, he said. Also Read: Defence Minister Rajnath Singh approves extension of maternity, child care leaves for women in Armed Force.
07.11 / 09:32
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Dhanteras 2023: Is it 'shubh' to buy a house? What experts say
real estate on Dhanteras aligns with the concept of wealth accumulation and prudent financial planning. The act of buying a house on Dhanteras is akin to a well-considered financial decision with the potential to underpin long-term financial stability, added Anoop Kumar Bhargava.
07.11 / 09:32
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Explained: The importance of travel insurance in a shrinking world
travelling abroad. Let us discuss what it covers and when one should buy it. Though the word “Travel Insurance" suggests that expenses related to travel only are covered but travel insurance covers more than that.
07.11 / 09:23
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Bajaj Finance, Bajaj Finserv among 5 Nifty stocks with golden crossover pattern
Golden Crossover, a technical indicator that often elicits intrigue among stock market enthusiasts. On November 7, Tuesday, Trendlyne revealed that over 40 Nifty stocks had experienced the Golden Crossover.
07.11 / 08:29
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Planning to buy gold this Diwali? These three tips will help you save money
Diwali just around the corner, it's important to avoid overspending on jewellery, and understanding how making charges on gold are calculated can help save money. Jewellery involves labour costs and all jewellers pass on this cost to the buyers in the form of making charges. Making charges are usually a percentage of the current gold price.
07.11 / 08:29
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ASK Automotive IPO: 10 key risks investors should consider before subscribing to the issue
ASK Automotive IPO raised over ₹250 crore from anchor investors on Monday, November 6, where 25 investors participated in the anchor book, and five mutual funds applied through six schemes. ASK Automotive IPO consists of a total offer size of up to 29,571,390 equity shares with a face value of ₹2 each where Kuldip Singh Rathee will offload up to 20,699,973 equity shares and Vijay Rathee (promoter selling stockholders) up to 8,871,417 equity shares.
07.11 / 08:21
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Aarti Industries, JK Cement among 5 stocks with RSI trending up
Relative Strength Index (RSI). On November 6, Tuesday, StockEdge reported over 60 stocks showing upward momentum.
07.11 / 07:10
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Atul announces Rs 50 crore buyback via open market. Share falls over 3%
Atul Limited's Board of Directors approved a share buyback worth Rs 50 crore at a buyback price of Rs 7,500 per share, the company informed in its filing to the exchanges. The pre-buyback holding of promoters stood at 45.06% as on November 3 which is expected to go up to 45.16% post the buyback. The stock fell 3.5% on the NSE following the announcement. On Tuesday, the board approved the buyback of fully paid up equity shares with face value of Rs 10 per share from the open market through stock exchanges. The price for the buyback will be payable in cash and it represents 1.20% and 1.19% of the total paid-up equity share capital and free reserves (including securities premium account) as per the audited standalone financial statements and audited consolidated financial statements for the financial year ended on March 31, 2023. The company will buyback shares from the equity shareholders and beneficial owners other than the promoters or promoter entities. At the maximum buyback size and the maximum buyback price, the indicative maximum number of equity shares to be bought back under the buyback will be 66,666 shares which represents 0.23% of the total number of outstanding equity shares of the company. Though the actual number of equity shares bought back during the buyback will depend upon the actual price of the share on the buyback date. The number of equity Shares bought back under the buyback will not exceed 25% of the total number of equity shares, the company filing said. The Board has also constituted a committee for the purpose of buyback. Atul is an integrated chemical company serving about 4,000 customers in 30 industries across the world, the company claims.
07.11 / 07:10
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Gland Pharma shares climb over 6% post Q2 results. Should you buy or sell?
Gland Pharma climbed 6% to Rs 1,674.6 in Tuesday's trade on BSE despite the firm posting a 20% year-on-year (YoY) fall in consolidated net profit to Rs 194 crore for the September quarter of the financial year 2024. The company reported a profit of Rs 241.2 crore in the same period last year. However, its revenue came in at Rs 1,373.4 crore, up 32% from the year-ago quarter figure of Rs 1,044.4 crore. Meanwhile, the company's earnings before interest, taxes, depreciation and amortization (EBITDA) came in at Rs 320.5 crore, up from Rs 297 crore in the year-ago period. Following Q2 results, domestic brokerage firm Motilal Oswal reiterated its 'Buy' rating on Gland Pharma with a target price of Rs 1920. «Gland Pharma delivered an in-line operational performance in 2QFY24.
07.11 / 06:51
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RR Kabel shares jump 6% after Q2 profit more than doubles
RR Kabel jumped 6% to Rs 1,488.5 in Tuesday's trade on BSE after the firm's consolidated profit increased to Rs 74.1 crore in the July-September quarter, compared with Rs 35 crore a year earlier. Meanwhile, the company's revenue from operations surged 17.7% to Rs 1,609.7 crore in Q2 FY24 as compared to Rs 1,367.2 crore in Q2 FY23. The EBITDA in the quarter under review rose 92.7% to Rs 121.1 crore from Rs 62.8 crore in the same quarter last year. The margin was up to 7.5% in the June-September period as against 4.6% in the same quarter a year ago. «Throughout the past six months, RR Kabel has demonstrated a promising performance, marked by strong growth in our sales volume.
07.11 / 06:41
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CAT 2023 exam admit cards to be released today; Check time and other details here
CAT 2023) admit cards will be released today that is November 7. Admit cards will be available for download from 5 pm onwards at the official website iimcat.ac.in.
07.11 / 06:03
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ESAF Small Finance Bank IPO bidding ends today: Check GMP, subscription status and brokerage reviews
On day 2, ESAF Small Finance Bank IPO has been subscribed 8.32 times, and ESAF IPO was subscribed 1.74 times on day 1. ESAF Small Finance Bank IPO price band has been fixed in the range of ₹57 to ₹60 per equity share of face value of ₹10.
07.11 / 06:03
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film
Leo Box Office Collection Day 19: Can Vijay get past Rajinikanth's Jailer?
Box Office Collection Day 19: Thalapathy Vijay starrer Leo slows down on the nineteenth day of its release as per Sacnilk. The Tamil action-thriller is among the biggest grossers at both the Indian and Kollywood Box Office with its worldwide collection totalling ₹574 crore on Day 19. According to industry tracker Sacnilk, the film raked in ₹331.1 crore net in India as one of the biggest Tamil hits of the year having an overall Tamil occupancy of 15.57% in theatres on November 6.
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