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01.11 / 15:07
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Reliance Industries mulls raising ₹15,000 crore via local-currency bond: Report
Reliance Industries is mulling over to raise ₹15,000 crore via the sale of a local-currency bond, reported CNBC-TV 18 citing Bloomberg. The company shares closed 0.35% higher at ₹2296.65 per share on BSE on Wednesday. Last year, the giant conglomerate raised $4 billion in U.S dollar bonds.
01.11 / 15:07
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Telangana polls 2023: Asaduddin Owaisi-led AIMIM takes money from BJP to…, claims Rahul Gandhi
AIMIM party takes money from BJP and puts up candidates there," he said while addressing a poll rally at Kalwakurthy in Telangana Telangana will poll for its Assembly on November 30 and counting of votes, along with those of four other poll-bound states, has been scheduled for December 3. In a scathing attack against the BJP, Gandhi said BJP leaders used to swagger about their chances in the state. However, the Congress had "punctured" the four tyres of BJP's vehicle in Telangana.
01.11 / 15:07
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ICC World Cup 2023: Rohit Sharma 'concerned' on playing in Mumbai amid alarming AQI ahead of Sri Lanka match
he shared visuals of smog engulfing the city. Notably, Sharma is a native of Mumbai, and has played cricket across the city from an early age. He represented the Mumbai Ranji team through his domestic first-class career, and also leads the city-based franchise team of Mumbai Indians in the Indian Premier League (IPL).
01.11 / 15:07
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US visa: 2.5 lakh tourist visa appointments opened in India, but applicants say, ‘no slots for 2023’
Mint report, citing the Department of State- Bureau of Consular Affairs website, said that the wait time for US tourist visas from several cities is still over 500 days, precisely between 506 days and 596 days. However, it is to be noted that the 500-day wait period for a tourist visa is a significant drop from the 1,000-day waiting period earlier this year.
01.11 / 15:07
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Tata Steel Q2 results: Company reports net loss of ₹6,196.24 crore
Tata Steel Q2: Company reports a net loss of ₹6,196.24 crore (attributable to owners of the company) in July-September quarter of FY23-24.
01.11 / 15:07
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2024
TMC, AAP accuse BJP of 'conspiring to arrest opposition leaders before 2024 polls'
MPs are being hacked, the PTI report added. Meanwhile, the Aam Aadmi Party also accused the ruling BJP of targeting top INDIA alliance leaders ahead of the 2024 Lok Sabha polls.
01.11 / 13:35
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Mumbai
Life-sized statue of Sachin Tendulkar unveiled at Mumbai's Wankhede Stadium ahead of India vs Sri Lanka WC clash | Watch
statue captures Sachin Tendulkar in the dynamic act of executing a cricket stroke. The legendary cricketer used this shot frequently to smash over 34,000 runs in both Test and One Day International (ODI) matches. Sachin Tendulkar is the only batter in the history of cricket to slam 100 centuries.
01.11 / 13:35
Provident
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Fund flow today | FIIs sell Indian stocks worth ₹1,816.91 crore, DIIs buy for ₹1,622.05 crore
Indian equity indices fell for the second day in a row on Wednesday on selling in metal, power, auto and banking stocks. Foreign institutional investors (FIIs) on Wednesday sold stocks of Indian companies worth ₹8,491.17 crore and bought stocks for ₹6,674.26 crore, resulting in an outflow of ₹1,816.91 crore, according to NSE data. Domestic institutional investors (DIIs) bought equities worth ₹7,617.09 crore and offloaded shares worth ₹5,995.04 crore, resulting in an inflow of ₹1,622.05 crore, the exchange data showed.
01.11 / 13:35
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REC Q2 net profit rises 39% to ₹3,789.9 cr
₹3,789.90 crore. “Owing to the improving asset quality, increase in lending rates and effective management of Finance Cost, REC is able to record its highest ever quarterly profit," the company said in a statement. During the same period last fiscal, the company had registered a net profit of ₹2,732.12 crore.
01.11 / 13:35
Strategy
Apple
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Q3
Apple's shipments to India crosses 2.5 million units in Q3 2023, highest ever in a quarter
Counterpoint Research. “Premiumisation has started in the world’s second largest smartphone market and Apple has again got the timing right to benefit from this trend through its devices and financing offers," the report quoted research analyst Shubham Singh as saying.
01.11 / 13:35
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YouTube declares war on Ad-Blockers: View ads or subscribe to YouTube Premium
YouTube has initiated a worldwide campaign that prompts users to either view videos with advertisements or opt for a subscription to YouTube Premium, as per a report by The Verge. Christopher Lawton, the communications manager at YouTube, told the publication that the use of ad-blockers on the platform goes against its terms of service.
01.11 / 13:35
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Russia eases norms for Indians to open accounts in Russian banks. Details here
Exciting news! Mint is now on WhatsApp Channels. Subscribe today by clicking the link and stay updated with the latest financial insights! Click here! “Indian nationals wishing to open such a bank account are advised to approach an Indian bank that has a partnership agreement with the Central Bank of the Russian Federation for guidance," it said.
01.11 / 12:37
Manufacturing
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surges
JK Tyre Q2 Results: Net profit surges 371% to ₹242 crore, revenue up 3% YoY
JK Tyre Q2 Results: JK Tyre announced its July-September quarter results for fiscal 2023-24 (Q2FY24) on Wednesday, November 1, reporting a surge of 371 per cent in consolidated net profit at ₹242 crore, compared to ₹51.31 crore in the corresponding period last year. The leading tyre manufacturer's revenue from operations in the second quarter of current fiscal came in at ₹3,897.53 crore, registering a rise of 3 per cent, compared to ₹3,756.52 crore in the year-ao period.
01.11 / 12:37
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ED attaches assets worth ₹538 crore in case against Jet Airways founder Naresh Goyal, others
₹538 crore as part of its ongoing money laundering probe linked to Jet Airways. This includes more than a dozen residential flats, bungalows and commercial premises – located in London, Dubai and several Indian cities.
01.11 / 12:37
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Godrej Consumer Q2 results: Net profit at ₹432.77 crore, revenue comes in at ₹3,602 crore
₹432.77 crore. Revenue stood at ₹3,602 crore in the September quarter of FY24.(More to come)"Exciting news! Mint is now on WhatsApp Channels
01.11 / 12:37
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Sebi expands the scope of achieving minimum public unitholding requirement in InvITs. Details here
Securities Exchange Board of India (Sebi) has recently revised a manner of achieving minimum public unitholding requirements for infrastructure investment trusts (InvITs). There are already nine different methods to achieve minimum public unitholding requirement for infra investment trusts which were prescribed in a master circular dated July 6, 2023. In addition to these methods, the markets regulator has recently added one more method for privately placed InvITs in order to achieve minimum public unitholding requirement.
01.11 / 12:37
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Volkswagen to launch Taigun GT Edge Trail Edition, how will it compete with rival Skoda Kushaq
Taigun SUV, which shares its technical lineage with the Skoda Kushaq, with an initial price starting at ₹11.62 lakh (ex-showroom). The SUV is available in a total of 22 different variants, with the pricing reaching up to ₹19.76 lakh (ex-showroom) for the top-tier options. The Taigun was recently recognized as one of the safest SUVs in India, earning a five-star rating in the Global NCAP crash tests earlier this year.
01.11 / 12:37
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Diwali 2023: IRCTC announces 5 nights 6 days package to Andaman and Nicobar Islands. Check price, itinerary here
Itinerary: The itinerary includes visits to places like Corbyns Cove Beach, Cellular Jail, Ross Island, North Bay Island, Havelock Island, Kalapathar Beach, Famous Radha Nagar Beach, Neil Island, Natural Bridge & Laxampur Beach, Bharatpur Beach. Tour dates: The package has daily departures from Port Blair starting from 6 November to 24 November.
01.11 / 12:37
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Diwali 2023: How to maximise reward points and other benefits on American Express credit cards
credit cards. Let us understand how you can get maximum shopping benefits on your American Express credit cards. During the Diwali festive season, American Express rolls out various offers for its cardholders.
01.11 / 12:37
Provident
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Best Agrolife Secures Key 20-Year Patent for Herbicidal Composition to Boost Rice Yields
Mr. Vimal Kumar, Managing Director of Best Agrolife Ltd, expressed his enthusiasm for this milestone, stating, “Weed management has always been a critical factor in optimizing rice crop yields. Successful weed control is essential for obtaining optimum rice yields.
01.11 / 12:37
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As new NPS withdrawal rules come into effect, what has changed now? An explainer
lump sum withdrawal facility. This will allow subscribers to receive regular payments instead of withdrawing the sum in one go from their investment in the National Pension System (NPS). As per the revised rules, up to 60 percent of their NPS maturity amount can be withdrawn in instalments till the subscribers hit the age of 75.
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