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Bloomberg Quint

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Bloomberg Quint (English)

Are you looking for a reliable source of financial news and analysis? Look no further than Bloomberg Quint! Our Telegram channel, @bloombergq, is your go-to destination for the latest updates on the global economy, market trends, and business insights. With a team of experienced journalists and analysts, we strive to provide our followers with accurate and timely information that can help them make informed decisions in the world of finance. Whether you are a seasoned investor or just starting out, our channel offers a wide range of content to cater to your needs. From breaking news alerts to in-depth analysis pieces, we cover it all. Join us today and stay ahead of the curve with Bloomberg Quint!

Bloomberg Quint

13 Jan, 06:52


Life Insurance - Healthy Growth For Private Peers In Q3; Margins To Be Range-Bound: Nirmal Bang
https://www.ndtvprofit.com/research-reports/life-insurance-healthy-growth-for-private-peers-in-q3-margins-to-be-range-bound-nirmal-bang

Among Nirmal Bang's coverage, ICICI Prudential Life and Max Life have seen sustained momentum driven by growth across protection, annuity and NPAR businesses.

Bloomberg Quint

13 Jan, 06:51


Rupee May Fall Past 90 Per Dollar As RBI Ditches Quasi-Peg, Research Says
https://www.ndtvprofit.com/economy-finance/rupee-may-fall-past-90-per-dollar-as-rbi-ditches-quasi-peg-research-says

The monetary authority faces the task of lowering interest rates without precipitating a steeper currency decline, they wrote.

Bloomberg Quint

13 Jan, 06:50


IndusInd Shares Rise Over 3% After Release Of Shareholding Data
https://www.ndtvprofit.com/buzzing-stocks/indusind-shares-rise-over-3-after-release-of-shareholding-data

IndusInd Bank stock rose as much as 3.83% during the day to Rs 973.5 apiece on the NSE.

Bloomberg Quint

13 Jan, 06:49


Shriram Finance โ€” A Beacon Of Resilience, Opportunity; 'Buy' The Stock Says Motilal Oswal, Sees 32% Upside
https://www.ndtvprofit.com/research-reports/shriram-finance-a-beacon-of-resilience-opportunity-buy-the-stock-says-motilal-oswal-sees-32-upside

Shriram Finance is leveraging cross-selling opportunities effectively, and with better branch and employee efficiency, it is set to keep improving its cost ratios going forward, says the brokerage.

Bloomberg Quint

13 Jan, 06:48


Biocon Shares Rise Over 4% After USFDA Clearance For Malaysia Insulin Units
https://www.ndtvprofit.com/markets/biocon-shares-rise-over-4-after-usfda-clearance-for-malaysia-insulin-units

After the clearance from US drugs regulator, Motilal Oswal has upgraded Biocon to 'buy' with a target price of Rs 430 apiece.

Bloomberg Quint

13 Jan, 06:47


Waaree, Premier Energies See Better Returns On Exports โ€” Here's Why
https://www.ndtvprofit.com/business/waaree-premier-energies-see-better-returns-on-exports-heres-why

Waaree Energies generated 58% of its revenues from export sales in FY24, with the US being the key export market for the company.

Bloomberg Quint

13 Jan, 06:46


DMart Q3 Results Review - Bottom Of The Earnings Downgrade Cycle In Sight: HDFC Securities
https://www.ndtvprofit.com/research-reports/dmart-q3-results-review-bottom-of-the-earnings-downgrade-cycle-in-sight-hdfc-securities

DMart continues to navigate the challenging competitive landscape; maintaining its value proposition, improving assortment mix while maintaining operational efficiency will be key, says the brokerage.

Bloomberg Quint

13 Jan, 06:45


Q3 Results This Week: Infosys, RIL, HCLTech, LTIMindtree Among 100+ Companies To Release Earnings Report
https://www.ndtvprofit.com/quarterly-earnings/q3-results-this-week-infosys-ril-hcl-tech-ltimindtree-and-more

L&T Technology Services, Axis Bank, Mastek, SBI Life Insurance, Tech Mahindra, Wipro, Kotak Bank, and RBL Bank are some of the big firms that are also slated to release Q3 earnings this week.

Bloomberg Quint

13 Jan, 06:44


Market In The Red: Emkay's Manish Sonthalia Sees Current Correction As 'Nothing Out Of Ordinary'
https://www.ndtvprofit.com/markets/market-in-the-red-emkays-manish-sonthalia-sees-current-correction-as-nothing-out-of-ordinary

Do not see the market falling below 22,000 and sustaining below 22,000 for a long period of time, Sonthalia said.

Bloomberg Quint

13 Jan, 06:43


Kalpataru Projects Can Rally 25% On Industry Tailwinds, 'Buy' The Stock Says Motilal Oswal
https://www.ndtvprofit.com/research-reports/kalpataru-projects-can-rally-25-on-industry-tailwinds-buy-the-stock-says-motilal-oswal

Motilal Oswal expects growth for Kalpataru Projects to be driven by a healthy prospect pipeline, an
improvement in execution, a stable-to-improving margin trajectory, and comfortable leverage

Bloomberg Quint

13 Jan, 06:42


Stock Of The Day: Just Dial's 25% Gain In 2024 Under Threat As Q3 Performance Disappoints
https://www.ndtvprofit.com/markets/just-dial-share-price-falls-9-pc-after-q3fy25-earnings-disappoint

Just Dial reported a 14% sequential decline in its third-quarter profit to Rs 131 crore.

Bloomberg Quint

13 Jan, 06:41


HCLTech Share Price Trades Lower Ahead Of Q3 Result
https://www.ndtvprofit.com/markets/hcltech-share-price-trades-lower-ahead-of-q3-result

HCLTech is likely to clock a net profit of Rs 4,614 crore and a revenue of Rs 4,614 crore for the quarter ended December, according to Bloomberg estimates.

Bloomberg Quint

13 Jan, 06:40


HUL Q3 Results: Date, Time, Share Price History And Other Key Details
https://www.ndtvprofit.com/quarterly-earnings/hul-q3-results-date-time-share-price-history-and-other-key-details

A press release and an investor presentation will also be released on Jan. 22 for the reference of investors and analysts, HUL said.

Bloomberg Quint

13 Jan, 06:39


HDFC Bank, Aditya Birla Cap Among Macquarie's Top Picks As It Sees Stable FY26 For Finance Firms
https://www.ndtvprofit.com/markets/hdfc-bank-aditya-birla-cap-among-macquaries-top-picks-as-it-sees-stable-fy26-for-finance-firms

HDFC Bank, ICICI Bank, Aditya Birla Capital, Power Finance Corp., Shriram Housing Finance, and Life Insurance Corp. are among the brokerage's top picks.

Bloomberg Quint

13 Jan, 06:38


Goldman Sachs Begins Coverage On BSE With Neutral Rating; Industry Tailwinds To Support
https://www.ndtvprofit.com/markets/goldman-sachs-begins-coverage-on-bse-with-neutral-rating

BSE will likely benefit from strong growth tailwinds for the country's equity capital markets because of its position as the second largest stock exchange.

Bloomberg Quint

13 Jan, 06:37


IndusInd Bank: Foreign Investment Headroom Opens Up, But Will It Lead To Inflows...
https://www.ndtvprofit.com/business/indusind-bank-share-price-rises-after-headroom-opens-for-foreign-investment-but-concerns-on-inflows-remain

Foreign investors will opt for IndusInd Bank only after the private lender is seen turning its business around.

Bloomberg Quint

13 Jan, 06:36


iPhone Loses Global Market Share With Apple AI Absent In China
https://www.ndtvprofit.com/technology/iphone-loses-global-market-share-with-apple-ai-absent-in-china

The iPhone slipped a point to 18% market share in 2024, according to Counterpoint Research data.

Bloomberg Quint

13 Jan, 06:35


DMart Share Price Drops Nearly 6% As Q3 Profit Misses Estimates, Brokerages Cut Target Price
https://www.ndtvprofit.com/markets/dmart-share-price-drops-nearly-6-as-q3-profit-misses-estimates-brokerages-cut-target-price

Avenue Supermart's scrip fell as much as 5.87% to Rs. 3,469 apiece.

Bloomberg Quint

13 Jan, 06:34


Paytm Q3 Results: Date, Time, Earnings Call Details And More
https://www.ndtvprofit.com/quarterly-earnings/paytm-q3-results-date-time-earnings-call-details-and-more

Paytm will hold its earnings conference call for investors and analysts on Jan. 20 from 5 p.m. to 6 p.m.

Bloomberg Quint

13 Jan, 06:33


Standard Glass Lining Shares Debut At 26% Premium Over Issue Price
https://www.ndtvprofit.com/markets/standard-glass-lining-shares-debut-at-26-premium-over-issue-price

The company will utilise proceeds for capex, repaying debt, and funding inorganic growth.

Bloomberg Quint

11 Jan, 19:25


Next CEC To Be Appointed Per New Law, Not Convention; But SC To Take View On New Statute
https://www.ndtvprofit.com/pti/law-ec-appointments

The election commissioners were appointed by the President on the government's recommendation.

Bloomberg Quint

11 Jan, 19:24


Sunteck Realty Sale Bookings Up 40% To Rs 635 Crore In Dec Quarter
https://www.ndtvprofit.com/business/biz-sunteck-realty-2

Mumbai-based Sunteck Realty is one of the leading real estate developers in the country.

Bloomberg Quint

11 Jan, 19:23


India Adds Record Renewable Energy Capacity Of About 30 GW in 2024
https://www.ndtvprofit.com/business/biz-renewable-addition

This assumes significance in view of India's ambitious plan to have 500 GW of renewable energy capacity in the country by 2030.

Bloomberg Quint

11 Jan, 19:22


Anand Mahindra On 90 Hours Week: Focus On Quality, Not Quantity, 'Can Change The World In 10 Hours'
https://www.ndtvprofit.com/business/anand-mahindra-on-90-hours-week-focus-on-quality-not-quantity-can-change-the-world-in-10-hours

This debate is about the quantity of work. My point is we have to focus on the quality of work, not on the quantity of work, Mahindra said.

Bloomberg Quint

11 Jan, 19:21


GJEPC Optimistic On Diamond Export Revival, Eyes Singur As Global Jewellery Hub
https://www.ndtvprofit.com/business/biz-diamond-export

Kolkata, Jan 11 (PTI) The Gem & Jewellery Export Promotion Council (GJEPC) on Saturday reported a 12 per cent jump in gold jewellery exports during the current fiscal, contrasting with a 10 per cent decline in diamond exports over the first nine months.

Bloomberg Quint

11 Jan, 19:20


Avenue Supermart's Ignatius Navil To Step Down, Anshul Asawa To Take Over
https://www.ndtvprofit.com/business/avenue-supermarts-ignatius-navil-to-step-down-anshul-asawa-to-take-over

The company also announced the appointment of Anshul Asawa as a CEO designate and Senior Managerial Personnel of the Company with effect from Mar. 15 this year.

Bloomberg Quint

11 Jan, 19:19


Five IPOs Set To Launch Next Week With Eight Listings On The Horizon
https://www.ndtvprofit.com/ipos/five-ipos-set-to-launch-next-week-with-eight-listings-on-the-horizon

Five new IPOs are set to launch, including one mainboard IPO and four SME IPOs

Bloomberg Quint

11 Jan, 19:18


Earnings Season, Inflation Data And US Intial Jobless Claims: The Week Ahead
https://www.ndtvprofit.com/markets/earnings-season-inflation-data-and-us-intial-jobless-claims-the-week-ahead

Here are the major market movers to look out for in the upcoming week.

Bloomberg Quint

11 Jan, 19:17


Nifty In Technical Charts: Need To Accept New Realities
https://www.ndtvprofit.com/opinion/nifty-in-technical-charts-need-to-accept-new-realities

By the end of the week, the market became even more oversold and therefore the same problem will persist in the coming week as well.

Bloomberg Quint

11 Jan, 19:16


Avenue Supermarts Q3 Results: Net Profit Rises 4%, Beats Estimates
https://www.ndtvprofit.com/quarterly-earnings/avenue-supermarts-q3-results-net-profit-rises-4-beats-estimates

The company's revenue was up 18% to Rs 15,973 crore versus earlier Rs 13,572 crore.

Bloomberg Quint

11 Jan, 14:46


ITC Hotels Allots 125.11 Crore Shares to ITC Shareholders, Ceases To Be A Subsidiary
https://www.ndtvprofit.com/markets/itc-hotels-allots-12511-crore-shares-to-itc-shareholders-ceases-to-be-a-subsidiary

The allotment was confirmed at a Board meeting held on Jan. 11, 2025, following a Scheme of Arrangement between ITC Ltd. and ITCHL.

Bloomberg Quint

11 Jan, 14:45


Two MedPlus Health Stores Gets Suspension Order Of Drug License
https://www.ndtvprofit.com/business/two-medplus-health-stores-gets-suspension-order-of-drug-license

Two stores that have received suspension order of drug license are their stores located in Hyderabad and Telangana.

Bloomberg Quint

11 Jan, 13:37


CAG Report Finds Rs 2,027 Crore Loss In Delhi Liquor Policy
https://www.ndtvprofit.com/nation/cag-report-finds-rs-2027-crore-loss-in-delhi-liquor-policy

The liquor policy was introduced in the year 2021 and aimed to eradicate sale of spurious liquor.

Bloomberg Quint

11 Jan, 13:36


Charting The Global Economy: Bond Yields Soar To Kick Off 2025
https://www.ndtvprofit.com/markets/charting-the-global-economy-bond-yields-soar-to-kick-off-2025

A selloff in the $28 trillion US Treasury market worsened after a strong employment report fueled bets that the Federal Reserve will delay further interest rate cuts.

Bloomberg Quint

11 Jan, 12:30


HCLTech Q3 Results 2025: Date, Time, Conference Call Details And More
https://www.ndtvprofit.com/quarterly-earnings/hcltech-q3-results-2025-date-time-conference-call-details-and-more

The company's senior management will hold an audio conference call at 7:30 p.m. discussing the results followed by a detailed question-answer session.

Bloomberg Quint

11 Jan, 12:29


Is 40 The New 60? The Allure Of Financial Independence And Retire Early (FIRE)
https://www.ndtvprofit.com/personal-finance/is-40-the-new-60-the-allure-of-financial-independence-and-retire-early

FIRE seems to be a common goal. But how feasible is the dream to be financially independent and retire early in a country where financial priorities often extend beyond the self?

Bloomberg Quint

11 Jan, 12:28


Assam Mining Tragedy: Body Of Another Labourer Trapped In Coal Mine Recovered
https://www.ndtvprofit.com/nation/assam-mining-tragedy-body-of-another-labourer-trapped-in-coal-mine-recovered

Assam Chief Minister Himanta Biswa Sarma, in a post on X, said that the body was yet to be identified.

Bloomberg Quint

11 Jan, 12:27


Oberoi Realty To Develop Lands At Bandra Reclamation Under Slum Rehabilitation Scheme
https://www.ndtvprofit.com/markets/oberoi-realty-to-develop-lands-at-bandra-reclamation-under-slum-rehabilitation-scheme

Slum Rehabilitation Authority has appointed Oberoi Realty Ltd. as the developer in respect of the slum
rehabilitation scheme.

Bloomberg Quint

11 Jan, 12:26


After JLR, Tata Motors Needs A 'Reimagine' Strategy Of Its Own
https://www.ndtvprofit.com/auto/deep-dive-after-jlr-tata-motors-needs-a-reimagine-strategy-of-its-own

The erosion in Tata Motors' EV market share and stress in the passenger-vehicle business calls for a new USP for India's best-selling car maker.

Bloomberg Quint

11 Jan, 04:07


Hariom Pipe Expects Specialised Products To Reach 55% Of Production Capacity In FY26
https://www.ndtvprofit.com/business/hariom-pipe-expects-specialised-products-to-reach-55-of-production-capacity-in-fy26

Hariom Pipe Industries Ltd. expects specialised, cold-rolled galvanised products to represent 55% of its total production capacity in FY26, the companyโ€™s Managing Director, Rupesh Kumar Gupta, has said.Talking to NDTV Profit, Gupta detailed the companyโ€™s strategic shift to producing specialised galvanised products to accelerate sales and improve margins, among other things.โ€œWe have begun producing specialised, cold-rolled, and galvanised coils. This is in addition to regular consumer-orientated galvanised pipes, targeting high-value segments such as engineering, automobile, packaging and electrical industries,โ€ he said.โ€œThis strategic shift is expected to drive an acceleration in sales volume, enhance our value realisation and improve margins,โ€ he added.Hariom Pipe Industries is confident of scaling the production capacity of these items, the top executive mentioned.โ€œWe are very much confident about scaling the production of these specialised products to represent up to 55% tentatively of our total production capacity in the coming financial year,โ€ Gupta said.NTPC Green Energy CEO Outlines Plans To Become 19 GW Company By FY27 (https://www.ndtvprofit.com/business/ntpc-green-energy-ceo-outlines-plans-to-become-19-gw-company-by-fy27)The reason why the company has shifted its focus to manufacturing galvanised products is because they have shown growth potential even during a softer market environment, the Hariom Pipe Industries MD mentioned.โ€œOver the last nine months, we have achieved year-on-year incremental volume growth of approximately 38% in galvanised product sales despite a soft market environment characterised by subdued demand and lower realisation prices. This recognises the potential for further growth,โ€ he said.Value-added products such as machinery components, packing strips, and materials for the fan industry are expected to drive the companyโ€™s revenue growth, Gupta stated.โ€œManufacturing value-added products such as machinery components, packing strips, pre-engineered buildings, fan industry materials and bus bodies would be the major ones (to drive revenue growth),โ€ he said.The CR Tandem mill that Hariom Pipe recently commissioned at the Mahabubnagar plant will allow the company to produce a wide range of high-quality products for different markets, Gupta added.Shares of Hariom Pipe Industries Ltd. closed 1.73% lower at Rs 509.95 apiece. In comparison, the benchmark Nifty 50 ended 0.69% lower at 23,526.50 points.Credit Market To See Headwinds In FY26, Says India Ratings (https://www.ndtvprofit.com/economy-finance/credit-market-to-see-headwinds-in-fy26-says-india-ratings). Read more on Business (https://www.ndtvprofit.com/business) by NDTV Profit.

Bloomberg Quint

26 Dec, 19:53


Government Imposes Curbs On Import Of Low Ash Metallurgical Coke For Six Months
https://www.ndtvprofit.com/nation/government-imposes-curbs-on-import-of-low-ash-metallurgical-coke-for-six-months

The quota system will significantly limit imports from several countries when compared to the actual imports in 2023โ€“24, said think tank Global Trade Research Initiative.

Bloomberg Quint

26 Dec, 19:52


Chequered Flag Dec. 26: Headlines At A Glance
https://www.ndtvprofit.com/markets/chequered-flag-dec-26-headlines-at-a-glance

Today's top news includes Jubilant FoodWorks and Coca Cola's MOU for sparkling beverages, Apple and CCI's anti-trust case, India's defence acquisitions and more.

Bloomberg Quint

26 Dec, 19:51


Manmohan Singh No More: PM Modi, President Murmu, Gautam Adani Lead Nation In Paying Tributes
https://www.ndtvprofit.com/nation/manmohan-singh-dies-condolences-pour-in-modi-adani-congress

PM Modi said Manmohan Singh has left a strong imprint on India's economic policy over the years. India has lost a visionary statesman, said Congress chief Mallikarjun Kharge.

Bloomberg Quint

26 Dec, 19:50


Manmohan Singh No More: A Look Back At The Reluctant Prime Minister Who Served For 10 Years
https://www.ndtvprofit.com/nation/manmohan-singh-no-more-a-look-back-at-the-reluctant-prime-minister-who-served-for-10-years

Even though the Congress won the elections under the leadership of Sonia Gandhi in 2004, Manmohan Singh was catapulted to the prime ministerial post.

Bloomberg Quint

26 Dec, 19:49


Manmohan Singh's Pivotal Role In Shaping India's Economic Landscape
https://www.ndtvprofit.com/nation/manmohan-singh-economic-legacy-india-finance-reforms

Manmohan Singh, Indiaโ€™s visionary economist and former prime minister, was instrumental in steering the nation through its 1991 economic crisis with landmark reforms.

Bloomberg Quint

26 Dec, 19:48


Former Prime Minister Manmohan Singh Dies At 92
https://www.ndtvprofit.com/nation/manmohan-singh-former-prime-minister-passes-away-at-92

Manmohan Singh, Indiaโ€™s 14th Prime Minister, was renowned for his pivotal role in the 1991 economic liberalisation, which reshaped the nationโ€™s financial landscape.

Bloomberg Quint

26 Dec, 19:47


InterGlobe Aviation Hit With Rs 2 Lakh Fine Over Visa Violations By IndiGo Passengers
https://www.ndtvprofit.com/business/interglobe-aviation-hit-with-rs-2-lakh-fine-over-visa-violations-by-indigo-passengers

There is no material impact on financials, operations or other activities of IndiGo.

Bloomberg Quint

26 Dec, 19:46


Indian Coast Guard Rescues Nine Crew Members From Sunken Vessel In Arabian Sea
https://www.ndtvprofit.com/nation/indian-coast-guard-rescues-nine-crew-members-from-sunken-vessel-in-arabian-sea

New Delhi, Dec 26 (PTI) The Indian Coast Guard on Thursday rescued nine crew members from a sunken vessel under challenging conditions in the Arabian Sea with some support from Pakistan maritime authorities.

Bloomberg Quint

26 Dec, 19:45


CCPA To Investigate Ride-Hailing Apps Over Fare Discrepancies Between Android, Apple Devices
https://www.ndtvprofit.com/business/ccpa-to-investigate-ride-hailing-apps-over-fare-discrepancies-between-android-apple-devices

The Central Consumer Protection Authority has been directed to conduct a detailed inquiry and submit a report at the earliest.

Bloomberg Quint

26 Dec, 19:44


Airtel Experiences Connectivity Outages In Several Cities
https://www.ndtvprofit.com/business/airtel-experiences-connectivity-outages-in-several-cities

Airtel did not offer any immediate comments.

Bloomberg Quint

26 Dec, 19:43


Tourism Industry Sees Shift To Offbeat Adventures With Southeast Asia As Top Destination In 2024
https://www.ndtvprofit.com/business/tourism-industry-sees-shift-to-offbeat-adventures-with-southeast-asia-as-top-destination-in-2024

According to a Cleartrip report, affordable travel options saw a doubling in adoption by Gen Z and Senior Citizens, reflecting the increasing inclusivity of travel offerings.

Bloomberg Quint

26 Dec, 19:42


Lok Sabha Elections 2024: Poll Body Issues Key Stats On Turnout, Political Parties, Women Participation
https://www.ndtvprofit.com/nation/lok-sabha-elections-2024-poll-body-issues-key-stats-on-turnout-political-parties-women-participation

The study shows as many as 86% of the over 8,300 candidates who contested the Lok Sabha elections lost their deposits.

Bloomberg Quint

26 Dec, 19:41


Mankind Pharma, Innovent Biologics Partner To Launch Sintilimab In India
https://www.ndtvprofit.com/business/mankind-pharma-innovent-biologics-partner-to-launch-sintilimab-in-india

The collaboration aims to address the critical challenges in cancer treatment and improve patient access to innovative therapeutic options in the region.

Bloomberg Quint

26 Dec, 19:40


China Approves World's Largest Dam Over Brahmaputra River Close To Indian Border
https://www.ndtvprofit.com/world/china-approves-worlds-largest-dam-over-brahmaputra-river-close-to-indian-border

The dam is to be built at a huge gorge in the Himalayan reaches where the Brahmaputra river makes a huge U-turn to flow into Arunachal Pradesh and then to Bangladesh.

Bloomberg Quint

26 Dec, 19:39


Haier Aims To Cross Rs 11,500 Crore In 2025
https://www.ndtvprofit.com/business/haier-aims-to-cross-rs-11500-crore-in-2025

Haier is diversifying its business and entering into commercial air conditioning and kitchen appliances

Bloomberg Quint

26 Dec, 19:38


Gensol Engineering Bags Rs 897-Crore Order From NTPC Subsidiary
https://www.ndtvprofit.com/business/gensol-engineering-bags-rs-897-crore-order-from-ntpc-subsidiary

The contract from NTPC Renewable Energy also includes an operations and maintenance agreement spanning three years.

Bloomberg Quint

26 Dec, 16:20


Branded Hotels Sector To End FY25 With 13โ€“14% Revenue Growth, Says Crisil Ratings
https://www.ndtvprofit.com/business/branded-hotels-sector-to-end-fy25-with-1314-revenue-growth-says-crisil-ratings

Domestic leisure and business travel are the primary drivers of growth in the branded hotels sector, the ratings agency said.

Bloomberg Quint

26 Dec, 16:19


Bitcoin Drops Even As MicroStrategy Plans To Sell More Shares
https://www.ndtvprofit.com/markets/bitcoin-drops-even-as-microstrategy-plans-to-sell-more-shares

Bitcoin has risen 135% so far this year, exceeding returns from traditional investments such as global stocks and gold.

Bloomberg Quint

26 Dec, 16:18


NHPC Revises Loss Incurred At Sikkim Power Station Due To Flash Flood To Rs 1,076 Crore
https://www.ndtvprofit.com/business/nhpc-sikkim-flash-flood-revised-loss-teesta-v-rs-1076-crore

NHPC reported material damage of Rs 539 crore and business interruption losses of Rs 537 crore at its Teesta-V Power Station in Sikkim, with restoration contracts awarded and work progressing.

Bloomberg Quint

26 Dec, 16:17


NDTV To Increase Ownership In Units NDTV Media, NDTV World
https://www.ndtvprofit.com/business/ndtv-to-increase-ownership-in-units-ndtv-media-ndtv-world

The action is in line with NDTVโ€™s goal of consolidating ownership and enhancing operational control over its subsidiaries, according to an exchange filing.

Bloomberg Quint

18 Nov, 20:26


Bharti Global Acquires 24.5% Stake In BT Group From Altice UK
https://www.ndtvprofit.com/business/bharti-global-acquires-245-stake-in-bt-group-from-altice-uk

In August this year, Mittal's conglomerate had announced it will buy 24.5% stake in BT Group for about $4 billion to become the single largest shareholder in Britain's biggest broadband and mobile company.

Bloomberg Quint

18 Nov, 20:25


K Sanjay Murthy Appointed Next Comptroller And Auditor General of India
https://www.ndtvprofit.com/economy-finance/k-sanjay-murthy-appointed-next-comptroller-and-auditor-general-of-india

He is currently Secretary, Department of Higher Education, Ministry of Education.

Bloomberg Quint

18 Nov, 20:24


Private Equity And Venture Capital Investments Rise To $4.7 Billion In October
https://www.ndtvprofit.com/business/private-equity-and-venture-capital-investments-rise-to-47-billion-in-october

By the number of transactions, October 2024 saw a 21% increase with 91 deals compared to 75 in October 2023, the report said..

Bloomberg Quint

18 Nov, 17:55


Your Guide To FII Positions For Nov. 19 Trade
https://www.ndtvprofit.com/markets/your-guide-to-fii-positions-for-nov-19-trade

The FIIs sold index options worth Rs 18,812 crore, while they bought stock futures worth Rs 1,165 crore, index futures worth Rs 352 crore and stock options worth Rs 623 crore.

Bloomberg Quint

18 Nov, 17:54


Chennai-Vladivostok Maritime Corridor Now Operational, Boosting India-Russia Ties
https://www.ndtvprofit.com/nation/chennai-vladivostok-maritime-corridor-now-operational-boosting-india-russia-ties

"The Eastern Maritime Corridor between Vladivostok and Chennai is operational now. Container ships carrying crude oil, metal and textile have started coming to Indian ports," Sonowal told reporters here.

Bloomberg Quint

18 Nov, 17:53


EC Seizures Cross Rs 1,000 Crore, Seven Times Higher Than 2019 In Jharkhand, Maharashtra
https://www.ndtvprofit.com/elections/ec-seizures-cross-rs-1000-crore-seven-times-higher-than-2019-in-jharkhand-maharashtra

Overall, seizures worth Rs 858 crore have been reported from Maharashtra and Jharkhand.

Bloomberg Quint

18 Nov, 17:52


Pakistan's First Direct Cargo Ship To Bangladesh Docks At Chittagong Port
https://www.ndtvprofit.com/world/pakistans-first-direct-cargo-ship-to-bangladesh-docks-at-chittagong-port

He, however, added that the ship began its voyage from the UAE with its destination being Indonesia and made a stopover in Karachi to load cargo for Bangladesh. Some of the containers also carried goods from Dubai.

Bloomberg Quint

18 Nov, 17:51


Maharashtra Elections: 10,935 Police Deployed In Thane; Booths To Offer Basic Amenities
https://www.ndtvprofit.com/nation/maharashtra-elections-10935-police-deployed-in-thane-booths-to-offer-basic-amenities

More than 10,900 police personnel will be deployed in Thane district to prevent any untoward incident on the polling day.

Bloomberg Quint

18 Nov, 17:50


Sri Lanka President Dissanayake Urges IMF To Balance Economic Recovery Plan
https://www.ndtvprofit.com/world/sri-lanka-president-dissanayake-urges-imf-to-balance-economic-recovery-plan

Colombo, Nov 18 (PTI) Sri Lankan President Anura Kumara Dissanayake on Monday urged the International Monetary Fund to consider the economic hardships faced by the people of the island nation and strike a balance in the economic recovery programme.

Bloomberg Quint

18 Nov, 17:49


Eknath Shinde Justifies Rebellion, Claims Former Shiv Sena Leadership Was Anti-Development
https://www.ndtvprofit.com/elections/mh-polls-shinde-10

The chief minister rubbished allegations that the Mahayuti was practising divisive politics with slogans like 'batenge toh katenge' (divided, we will perish).

Bloomberg Quint

18 Nov, 17:48


Import Monitoring Systems For Laptops, Tablets To Be Extended By A Year: MeitY Secretary S. Krishnan
https://www.ndtvprofit.com/exclusive/import-monitoring-system-laptops-tablets-extension-meity-approval

The Ministry of Electronics and IT has confirmed the extension of the Import Monitoring System for laptops and tablets until 2025, ensuring enhanced tracking for security purposes.

Bloomberg Quint

18 Nov, 17:47


Global Maritime Forum 'Sagarmanthan' Begins In India To Stir Dialogue On 'Blue Economy'
https://www.ndtvprofit.com/nation/global-maritime-forum-sagarmanthan-begins-in-india-to-stir-dialogue-on-blue-economy

India's aim is to revolutionise its maritime sector "with an investment of Rs 80 lakh crore to enhance port capacity, shipping, ship building inland waterways", Sarbananda Sonowal said.

Bloomberg Quint

18 Nov, 17:46


Finance Ministry Revises CPSE Dividend Payment Guidelines
https://www.ndtvprofit.com/economy-finance/finance-ministry-cpse-dividend-payment-guidelines-2024-update

Dipam mandates Central Public Sector Enterprises to pay a minimum annual dividend of 30% of profit or 4% of net worth, effective from FY25.

Bloomberg Quint

18 Nov, 17:45


CCI Slaps Rs 213-Crore Penalty On Meta Over WhatsApp's 2021 Privacy Policy Implementation
https://www.ndtvprofit.com/business/cci-slaps-rs-213-crore-penalty-on-meta-over-whatsapps-2021-privacy-policy-implementation

As part of the penalty, WhatsApp will not share user data collected on its platform with other Meta companies for advertising purposes, for five years starting Monday, CCI said.

Bloomberg Quint

18 Nov, 17:44


Top Enviro Infra Engineers Executives Discuss IPO
https://www.ndtvprofit.com/business/top-enviro-infra-engineers-executives-discuss-ipo

Enviro Infra Engineers Chairman Sanjay Jain and Managing Director Manish Jain discuss the upcoming Rs 650.43-crore IPO of their company. The IPO opens on Nov. 22 at a price band of Rs 140-148. Jain said that most of the funds will go towards meeting working capital requirements. Enviro Infra Engineers is engaged in the business of designing, construction, operation and maintenance of water and wastewater treatment plants and for government bodies.

Bloomberg Quint

18 Nov, 17:43


Spirit Air Files Bankruptcy, Bondholders Set To Take Control
https://www.ndtvprofit.com/bloomberg/spirit-air-files-bankruptcy-bondholders-set-to-take-control

Discount carrier has seen rivals lure some travelers away, Spirit struggled after earlier JetBlue merger was blocked.

Bloomberg Quint

18 Nov, 17:42


SEBI Orders CRAs To Verify Fund Availability And Payment Failures In Debt Defaults
https://www.ndtvprofit.com/markets/sebi-orders-cras-to-verify-fund-availability-and-payment-failures-in-debt-defaults

These additional guidelines have been introduced to address scenarios of non-payment of debt (principal or interest) caused by factors beyond the issuer's control.

Bloomberg Quint

18 Nov, 17:41


Reliance Power, Reliance Infrastructure Elevates Four Senior Executives to Boards
https://www.ndtvprofit.com/business/reliance-power-reliance-infrastructure-elevates-four-senior-executives-to-boards

Sachin Mohapatra, Whole Time Director and CEO of Sasan Power Ltd, and Harmanjit Singh Nagi, President - Corporate Development at Reliance Power, have joined the board as additional directors.

Bloomberg Quint

18 Nov, 17:40


Waaree Energies Q2 Results: Profit Rises 17%
https://www.ndtvprofit.com/quarterly-earnings/waaree-energies-q2-results-profit-rises-17

Waaree Energies' revenue rose marginally by 1% to Rs 3,754.38 crore in the quarter ended September.

Bloomberg Quint

18 Nov, 17:39


Delhi Airport Sees 15 Flight Diversions And 100+ Delays Due To Bad Weather And Poor Visibility
https://www.ndtvprofit.com/nation/delhi-airport-sees-15-flight-diversions-and-100-delays-due-to-bad-weather-and-poor-visibility

Of the 15 flights, 13 were diverted to Jaipur and 1 each to Dehradun and Lucknow, the official said and added that the diversions happened between 8.30 am and 3.30 pm.

Bloomberg Quint

11 Nov, 09:31


Indigo Paints Q2 Results Review - Profitability Missed Estimate; Maintain 'Reduce': Dolat Capital
https://www.ndtvprofit.com/research-reports/indigo-paints-q2-results-review-profitability-missed-estimate-maintain-reduce-dolat-capital

Gross margin contracted 160 basis points to 44.1% due to raw material inflation and price reductions taken in H2 FY24, says the brokerage.

Bloomberg Quint

11 Nov, 09:30


Discounts Hit Ola Electric's Q2 Show But Launch Pipeline That Includes Electric Three-Wheeler Lifts Stock
https://www.ndtvprofit.com/business/ola-electric-q2-higher-discounts-dragged-margins-but-positive-outlook-lifts-stock

Ola Electric has confirmed the launch of an electric three-wheeler in the first or second quarter of the upcoming financial year.

Bloomberg Quint

11 Nov, 09:29


Hedge Funds Shorting Tesla Just Lost More Than $5 Billion
https://www.ndtvprofit.com/markets/hedge-funds-shorting-tesla-just-lost-more-than-5-billion

Hedge funds that had short positions against Tesla between election day and Fridayโ€™s close took an on-paper hit of at least $5.2 billion

Bloomberg Quint

11 Nov, 09:28


Vijaya Diagnostics Q2 Results Review - All Round Beat Builds Ground For Optimism: Yes Securities
https://www.ndtvprofit.com/research-reports/vijaya-diagnostics-q2-results-review-all-round-beat-builds-ground-for-optimism-yes-securities

The brokerage upgrade the stock to 'Add' with revised target price Rs 1,240.

Bloomberg Quint

11 Nov, 09:27


Blackbuck IPO GMP Climbs To Rs 24 Two Days Ahead Of Launch
https://www.ndtvprofit.com/ipos/blackbuck-ipo-gmp-climbs-to-rs-24-two-days-ahead-of-launch

This marks an advance from a GMP of Rs 8 on Nov. 8, when BlackBuck's shares began trading in the unlisted market.

Bloomberg Quint

11 Nov, 09:26


Japanโ€™s Ishiba Wins Runoff Vote To Stay As PM Ahead Of Likely Trump Meeting
https://www.ndtvprofit.com/world/japans-ishiba-wins-runoff-vote-to-stay-as-pm-ahead-of-likely-trump-meeting-2

While he remains prime minister, Ishiba faces an uncertain future because of the coalitionโ€™s weakened position after the national election.

Bloomberg Quint

11 Nov, 09:25


LG Is Said To Add Axis To Arrange $1.5 Billion Mumbai Listing
https://www.ndtvprofit.com/ipos/lg-is-said-to-add-axis-to-arrange-15-billion-mumbai-listing

LG had appointed banks including Bank of America Corp., Citigroup Inc., JPMorgan Chase & Co. and Morgan Stanley as arrangers for an IPO.

Bloomberg Quint

11 Nov, 09:24


NHPC Q2 Results Review - A Muted Quarter; Upgrade To 'Reduce' From 'Sell': ICICI Securities
https://www.ndtvprofit.com/research-reports/nhpc-q2-results-review-a-muted-quarter-upgrade-to-reduce-from-sell-icici-securities

The stock has corrected over 30% in last three-four months, says the brokerage.

Bloomberg Quint

11 Nov, 09:23


Equitas SFB Q2 Review - Second Consecutive Quarter Of Elevated Provisions Impact Bottom-Line: Nirmal Bang
https://www.ndtvprofit.com/research-reports/equitas-sfb-q2-review-second-consecutive-quarter-of-elevated-provisions-impact-bottom-line-nirmal-bang

The brokerage downgrades the stock from a โ€˜Buyโ€™ to a โ€˜Holdโ€™.

Bloomberg Quint

11 Nov, 09:22


November Rain On Dalal Street? FII Selling Likely To Continue, Says Neelkanth Mishra
https://www.ndtvprofit.com/markets/fii-selling-likely-to-continue-says-neelkanth-mishra-raises-concerns-over-it-valuation

Much of the selling pressure stems from India's inclusion in broader emerging market portfolios, highlighted Mishra.

Bloomberg Quint

11 Nov, 09:21


Six Stocks In News At Noon: Top Gainers And Losers
https://www.ndtvprofit.com/web-stories/six-stocks-in-news-at-noon-top-gainers-and-losers-power-grid-trent-tata-motors-asian-paints-cipla-britannia

Nifty 50 and Sensex extended gains around noon after low open. The indices were 0.70% and 0.71%, higher respectively.

Bloomberg Quint

11 Nov, 09:20


New 2024 Maruti Suzuki Dzire Launched: Design, Interior, Engine, Price And More
https://www.ndtvprofit.com/business/new-maruti-suzuki-dzire-2024-unveiled-check-design-features-and-more

Originally launched in 2008, the Dzire is among Maruti Suzuki's top-selling models and has dominated the sub-4 meter sedan segment for several years.

Bloomberg Quint

11 Nov, 09:19


Gold Prices Continue Downtrend Amid Post Festive Slump
https://www.ndtvprofit.com/markets/gold-prices-continue-downtrend-amid-post-festive-slump

Domestic prices of gold have slipped to Rs 77,040 as of 12:00 p.m., according to India Bullion Association.

Bloomberg Quint

11 Nov, 09:18


Stocks To Buy: Experts Weigh In On HDFC Life, Bajaj Finserv, Federal Bank Shares
https://www.ndtvprofit.com/markets/how-to-trade-hdfc-life-bajaj-finserv-federal-bankbuy-sell-hold

Brijesh Ail of IDBI Capital, Aditya Agarwala of Invest4edu, and Vinay Rajani of HDFC Securities share their stock calls.

Bloomberg Quint

11 Nov, 09:17


Q2 Results Live Updates: Graphite India Profit Tumbles 75%; ONGC, BEML, NMDC To Announce Earnings
https://www.ndtvprofit.com/quarterly-earnings/q2-results-2024-today-live-ongc-nmdc-hindalco-beml-britannia-bank-of-india-quarterly-earnings-live-blog

Ramco Cements, Devyani International, Bajaj Consumer Care will also announce their financial results today.

Bloomberg Quint

11 Nov, 09:16


Apple Eyeing Smart Glasses Market, Reportedly Conducting Internal Surveys
https://www.ndtvprofit.com/business/apple-eyeing-smart-glasses-market-reportedly-conducting-internal-surveys

Apple has launched an initiative named Atlas to conduct internal surveys of smart glasses available in the market.

Bloomberg Quint

11 Nov, 09:15


Tata Motors Share Price Hits Over 10โ€“Month Low As Analysts Cut Target Price After Weak Q2
https://www.ndtvprofit.com/markets/tata-motors-share-price-hits-over-10month-low-as-analysts-cut-target-price-after-weak-q2

Jaguar Land Rover's 11% volume decline led to a 50% drop in Tata Motors' Ebitda, UBS Global Research said.

Bloomberg Quint

11 Nov, 06:41


Vistara Bids Adieu: Tata Group Airline To Merge With Air India After Last Flight Today
https://www.ndtvprofit.com/business/vistara-bids-adieu-tata-group-airline-to-merge-with-air-india-after-last-flight-today

From Nov. 12, Vistara's operations will be integrated with Air India, forming a unified service under the Air India brand.

Bloomberg Quint

11 Nov, 06:40


Onion Prices Surge To Five-Year High Amid Supply Shortages And Export Surge
https://www.ndtvprofit.com/economy-finance/onion-prices-surge-to-five-year-high-amid-supply-shortages-and-export-surge

Traders attribute the hike in onion prices to the poor quality of the kharif crop, and delayed arrivals of the new crop due to heavy rainfall in September.

Bloomberg Quint

11 Nov, 06:39


Biocon - 'VAIโ€™ Brings Much-Needed Regulatory Respite, Says Motilal Oswal
https://www.ndtvprofit.com/research-reports/biocon-vai-brings-much-needed-regulatory-respite-says-motilal-oswal

The brokerage maintains its Neutral stance on the stock, as the current valuation captures the earnings upside.

Bloomberg Quint

08 Nov, 21:55


Elon Musk Wants to Colonize Trump's White House
https://www.ndtvprofit.com/opinion/elon-musk-wants-to-colonize-trumps-white-house

The worldโ€™s richest man has lavished time, attention and tens of millions of dollars on Trumpโ€™s reelection. And itโ€™s not for nothing.

Bloomberg Quint

08 Nov, 21:54


New Indian Single Malt Whiskies Hold Their Own Against Scotch
https://www.ndtvprofit.com/bloomberg/new-indian-single-malt-whiskies-hold-their-own-against-scotch

Whether youโ€™re celebrating Diwali or looking for a special pour for Thanksgiving, Indiaโ€™s whiskies offer the new and noteworthy.

Bloomberg Quint

08 Nov, 21:53


Gas Got America Off Coal. Now Itโ€™s Coming For Asiaโ€™s Oil
https://www.ndtvprofit.com/global-economics/gas-got-america-off-coal-now-its-coming-for-asias-oil

The worldโ€™s shipyards are increasingly turning to LNG to power vessels due to its cost advantage over crude-derived marine fuel oil.

Bloomberg Quint

08 Nov, 21:52


Traders Sense An Inflation-Constrained Fed Is Back
https://www.ndtvprofit.com/opinion/traders-sense-an-inflation-constrained-fed-is-back

A surefooted economy aided by a mountain of fiscal and monetary stimulus is less a recipe for a weak labor market and more the makings of an inflation rate that is stubbornly higher than the Fedโ€™s target.

Bloomberg Quint

08 Nov, 21:51


It's Not Just Trump. Europe Fears China, Too
https://www.ndtvprofit.com/opinion/its-not-just-trump-europe-fears-china-too

Since the US is currently the worldโ€™s economic engine, Europe and China are effectively duking it out over the American consumer.

Bloomberg Quint

08 Nov, 19:13


India, ASEAN Partnership Crucial For Tackling Contemporary Challenges, Says Jaishankar
https://www.ndtvprofit.com/nation/india-asean-partnership-crucial-for-tackling-contemporary-challenges-says-jaishankar

Jaishankar's remarks came as he addressed the Eighth Roundtable of ASEAN-India Network of Think-Tanks โ€“ Navigating a World in Transition: Agenda for ASEAN-India Cooperation.

Bloomberg Quint

08 Nov, 19:12


Chequered Flag Nov. 8: Headlines At A Glance
https://www.ndtvprofit.com/web-stories/chequered-flag-nov-8-headlines-at-a-glance

Today's top stories, including Tata Motors Q2 results and more.

Bloomberg Quint

08 Nov, 19:11


Trump Is Stuck With The Fedโ€™s Powell. Will He Make Peace?
https://www.ndtvprofit.com/world/trump-is-stuck-with-the-feds-powell-will-he-make-peace

On the back of the worst inflation in four decades, Trumpโ€™s agenda of new import tariffs and high deficits has made bond investors understandably nervous.

Bloomberg Quint

08 Nov, 19:10


Markets Should Remember Campaigns Arenโ€™t Government
https://www.ndtvprofit.com/opinion/markets-should-remember-campaigns-arent-government

Policymakers in the region will also need to look beyond initial reactions. Donald Trumpโ€™s victory on Tuesday isnโ€™t the end of globalization.

Bloomberg Quint

08 Nov, 19:09


Air India Rejigs Senior Management Prior To Vistara Merger
https://www.ndtvprofit.com/nation/air-india-rejigs-senior-management-prior-to-vistara-merger

Vinod Kannan, the chief executive officer of Vistara, will hold the role of chief integration officer after the airline's merger into Air India.

Bloomberg Quint

08 Nov, 19:08


Gold Price Falls Again After China's Underwhelming Stimulus, Analysts Share Key Levels
https://www.ndtvprofit.com/markets/gold-price-falls-china-stimulus-underwhelms-key-levels

Technically, gold finds support around the Rs 76,900 per 10-gramme level on the MCX. For spot gold, the short-term target remains around $2,600 per ounce, says analysts.

Bloomberg Quint

08 Nov, 19:07


Democrats Are In Disarray With No Easy Fix
https://www.ndtvprofit.com/opinion/democrats-are-in-disarray-with-no-easy-fix

One highlight of election night was how the millions of instances of voter fraud committed by Democrats and undocumented immigrants magically disappeared as soon as Trumpโ€™s vote tally turned positive.

Bloomberg Quint

08 Nov, 19:06


Tesla Regains $1 Trillion Market Cap As Shares Extend Rally After Trump's Victory
https://www.ndtvprofit.com/markets/tesla-trillion-market-cap-stock-buy-sell-hold-analysts-investors-rally-trump-win

Tesla's market cap regained $1 trillion, driven by investor optimism linked to Donald Trump's victory and potential policy shifts under a future Trump administration.

Bloomberg Quint

08 Nov, 19:05


The Global Wellness Industry Is Now Worth $6.3 Trillion
https://www.ndtvprofit.com/business/the-global-wellness-industry-is-now-worth-63-trillion

The largest of the 11 sectors is personal care and beauty, which the report values at $1.21 trillion alone.

Bloomberg Quint

08 Nov, 19:04


LIC Q2 Results: Profit Down 3.7%, Misses Estimates
https://www.ndtvprofit.com/quarterly-earnings/lic-q2-results-profit-down-37-misses-estimates

LIC's solvency ratio improved to 1.98 from 1.9 in the year ago period.

Bloomberg Quint

08 Nov, 16:01


Shriram Life Insurance Reports Rs 50 Crore Net Profit, Doubles Policy Sales In H1
https://www.ndtvprofit.com/business/shriram-life-insurance-reports-rs-50-crore-net-profit-doubles-policy-sales-in-h1

Presently, 50% of the business comes from southern states, while remaining from other states.

Bloomberg Quint

08 Nov, 16:00


Co-operative Sugar Factories Federation Warns Of Crisis, Urges Government Action
https://www.ndtvprofit.com/business/co-operative-sugar-factories-federation-warns-of-crisis-urges-government-action

The industry body has also raised concerns about ethanol pricing and allocation.

Bloomberg Quint

08 Nov, 15:59


Mold-Tek Packaging Q2 Results Review - Subdued Volume Growth Dented Earnings: IDBI Capital
https://www.ndtvprofit.com/research-reports/mold-tek-packaging-q2-results-review-subdued-volume-growth-dented-earnings-idbi-capital

The brokerage maintains 'Buy' rating on the stock with a target price of Rs 956 (unchanged), assigning 35 times PER on FY26E.

Bloomberg Quint

08 Nov, 15:58


Avalon Technologies Q2 Results Review- Recovery In The US Business Drives Operating Performance: Motilal Oswal
https://www.ndtvprofit.com/research-reports/avalon-technologies-q2-results-review-recovery-in-the-us-business-drives-operating-performance-motilal-oswal

The brokerage believes the companyโ€™s long-term revenue trajectory will continue to be strong.

Bloomberg Quint

08 Nov, 15:57


Mahindra Lifespaces Subsidiary Partners With GKW For Real-Estate Project In Mumbai
https://www.ndtvprofit.com/business/mahindra-lifespaces-developers-subsidiary-partners-with-gkw-for-real-estate-project-in-mumbai

This strategic development in Bhandup reinforces the goal of expanding Mahindra Lifespaces' footprint in Mumbai, the chief executive officer says.

Bloomberg Quint

05 Nov, 23:28


US Election 2024: Voters Sue Elon Musk For Fraud Over $1 Million Election Sweepstakes
https://www.ndtvprofit.com/world/us-election-2024-voters-sue-elon-musk-for-fraud-over-1-million-election-sweepstakes

(Bloomberg) --Voters who signed up for Elon Muskโ€™s million-dollar voter giveaway are suing the Tesla Inc. chief and his America PAC, claiming entrants were misled about how winners were picked. A day after surviving a legal challenge in Pennsylvania, Muskโ€™s daily sweepstakes was hit Tuesday with fresh claims in federal courts in Texas and Michigan.Jacqueline McAferty of Arizona alleged she never would have signed the America PAC petition and handed over personal identifying information if she knew the winners werenโ€™t picked at random and she had no chance of taking home $1 million. In reality, the winners werenโ€™t picked at random, but were carefully selected to be spokespeople for the pro-Donald Trump political action committee.Musk and the PAC โ€œdefraudedโ€ McAferty and others by seeking their political support on the billionaireโ€™s social media platform X, encouraging people to sign a petition calling for free speech and the right to bear arms with the chance to โ€œrandomlyโ€ win $1 million, according to the proposed class-action complaint she filed in Austin.Big Musk-Like Money Is Dominating Politics: Patricia Lopez (https://www.ndtvprofit.com/opinion/big-musk-like-money-is-dominating-politics-patricia-lopez)The America PAC was giving away $1 million every day in the lead-up to Election Day, but Muskโ€™s lawyer revealed at a court hearing on Monday in Philadelphia that the giveaway wasnโ€™t random. Rather, the PAC picked registered voters from swing states to be public spokespeople for the committee, often based on their personal stories, and required them to sign employment contracts, a treasurer for the committee testified. Philadelphia District Attorney Larry Krasner sued Musk and the PAC in a bid to stop them from peddling an โ€œunlawful lottery,โ€ which he said lulled โ€œPhiladelphia citizens to give up their personal identifying information and make a political pledge in exchange for the chance to win $1 million.โ€Read More: Musk $1 Million Contest Survives Lawsuit by Philadelphia DAPennsylvania Judge Angelo Foglietta rejected the DAโ€™s request on Monday to halt the contest. In her Austin case, McAferty is seeking an undisclosed amount of damages and an order requiring Musk and the PAC to destroy her information. The Michigan case was filed by Robert Anthony Alvarez, who identified himself as a state resident supporting Democratic presidential candidate Kamala Harris. Alvarez said he signed the petition to support free speech and gun rights and believed he had a chance of winning $1 million because the sweepstakes was promoted as a โ€œnonpartisan giveaway.โ€โ€œA closer look at the recipients of the $1 million prize show a clear pattern: that the selection not only is not random, but is a targeted process that eliminates anyone who is not a Republican or vocal supporter of Donald Trump,โ€ according to the complaint filed by Alvarez.Muskโ€™s lawyers didnโ€™t immediately respond to requests for comment.Catch all the latest updates in US Presidential Election 2024 (https://www.ndtvprofit.com/world/us-election-2024-voting-live-updates-kamala-harris-donald-trump-key-swing-states-results?src=topwid) here.. Read more on World (https://www.ndtvprofit.com/world) by NDTV Profit.

Bloomberg Quint

05 Nov, 22:45


Indian American Voters 'Energised' About US Election, Says Kamala Harris-Linked Fundraiser
https://www.ndtvprofit.com/world/indian-american-voters-energised-about-us-election-says-kamala-harris-linked-fundraiser

Ajay Jain Bhutoria said in recent weeks, there has been an unprecedented level of engagement among voters from diverse backgrounds.

Bloomberg Quint

05 Nov, 22:44


Tech Pushes US Stocks Higher With Vote In Full Swing: Markets Wrap
https://www.ndtvprofit.com/markets/tech-pushes-us-stocks-higher-with-vote-in-full-swing-markets-wrap

The worldโ€™s largest tech companies led gains, with the S&P 500 up 1.2% and a measure of the โ€œMagnificent Sevenโ€ megacaps climbing 1.8%.

Bloomberg Quint

05 Nov, 21:40


India Advances Release Time For CPI And IIP Data By One And A Half Hours
https://www.ndtvprofit.com/economy-finance/biz-cpi-iip-time-change

The ministry explained that the new release time aligns with the closing hours of major financial markets in India, ensuring that Consumer Price Index data dissemination does not interfere with active trading.

Bloomberg Quint

05 Nov, 21:39


Aptus Value Housing Finance Q2 Results: Net Profit Rises 22% To Rs 182 Crore
https://www.ndtvprofit.com/quarterly-earnings/aptus-value-housing-finance-q2-results-net-profit-rises-22-to-rs-182-crore

The Assets Under Management stood at Rs 9,679 crore at the end of September 2024.

Bloomberg Quint

05 Nov, 21:38


Garden Reach Shipbuilders Lays Keels For Two Next-Gen Offshore Patrol Vessels
https://www.ndtvprofit.com/business/garden-reach-shipbuilders-lays-keels-for-two-next-gen-offshore-patrol-vessels

GRSE has built and delivered several offshore patrol vessels to the Indian Navy and Indian Coast Guard, the official said.

Bloomberg Quint

05 Nov, 21:37


Railway Board Announces 7,663 Special Trains For Festival Season, Up 73% from Last Year
https://www.ndtvprofit.com/business/railway-board-announces-7663-special-trains-for-festival-season-up-73-from-last-year

According to the board, more than 1.2 crore passengers were carried on Nov. 4. This was the highest single-day passenger figure for the current year.

Bloomberg Quint

05 Nov, 21:36


Xiaomi India Head Muralikrishnan B Resigns To Pursue Academic Research
https://www.ndtvprofit.com/business/xiaomi-india-head-muralikrishnan-b-resigns-to-pursue-academic-research

After leading the smartphone market in India for several years, Xiaomi has been making efforts to reclaim its numero uno position.

Bloomberg Quint

05 Nov, 21:35


Akasa Air's Loss Widens To Rs 1,670.06 Crore In Fiscal 2023-24
https://www.ndtvprofit.com/business/akasa-airs-loss-widens-to-rs-167006-crore-in-fiscal-2023-24

At the end of March 2024, the carrier had a fleet of 24 planes and operated more than 110 flights daily.

Bloomberg Quint

05 Nov, 21:34


Triveni Engineering Q2 Results: Posts Rs 22.4 Crore Consolidated Loss
https://www.ndtvprofit.com/quarterly-earnings/triveni-engineering-q2-results-posts-rs-224-crore-consolidated-loss

Revenue from operations of the company grew 8.1% during the second quarter of the current fiscal year to Rs 1,748.3 crore compared to Rs 1,617.4 crore a year earlier.

Bloomberg Quint

05 Nov, 21:33


Indiaโ€™s Home Textiles Sector Set For 6-8% Revenue Growth This Fiscal: Crisil Ratings Report
https://www.ndtvprofit.com/business/indias-home-textiles-sector-set-for-6-8-revenue-growth-this-fiscal-crisil-ratings-report

India's home textile industry is set to stitch 6-8% growth this fiscal riding on resilient demand from the US and expansion in the domestic market - and notwithstanding some lingering logistical challenges, Crisil Ratings said in a report.

Bloomberg Quint

05 Nov, 21:32


Salesforce India FY24 Profit Surges 40% To Reach Rs 888 Crore
https://www.ndtvprofit.com/business/salesforce-india-fy24-profit-surges-40-to-reach-rs-888-crore

The San Francisco, US-headquartered company said its revenue in fiscal 2023-24 grew 36% to Rs 9,116 crore, making it the first fiscal where the topline crossed $1 billion.

Bloomberg Quint

05 Nov, 21:31


Sundram Fasteners Q2 Results: Profit Rose To Rs 286.53 Crore
https://www.ndtvprofit.com/quarterly-earnings/sundram-fasteners-q2-results-profit-rose-to-rs-28653-crore

Sundram Fasteners' total income for the quarter under review increased to Rs 1,499.07 crore, compared to Rs 1,429.12 crore in the same period last year.

Bloomberg Quint

05 Nov, 21:30


Finance Ministry Urges Banks To Focus On Cybersecurity, Boost Lending To Agriculture And MSMEs
https://www.ndtvprofit.com/business/finance-ministry-urges-banks-to-focus-on-cybersecurity-boost-lending-to-agriculture-and-msmes

The secretary exhorted the PSBs to accelerate the pace of lending to agriculture and MSMEs as well as deepen financial inclusion.

Bloomberg Quint

05 Nov, 21:29


Global Renewable Energy Investment To Hit $3.1 Trillion In 2024: Report
https://www.ndtvprofit.com/business/global-renewable-energy-investment-to-hit-31-trillion-in-2024-report

The World Solar Market Report said exceptional growth was witnessed in solar, with global capacity soaring from 1.22 GW in 2000 to 1,418.97 GW in 2023.

Bloomberg Quint

05 Nov, 21:28


FSSAI Set To Meet Major Quick Commerce Representatives For Expiry Date Violations
https://www.ndtvprofit.com/business/fssai-meeting-quick-commerce-expiry-date-violations-blinkit-swiggy-zepto

Quick service companies are allegedly violating regulations that mandates listing of food items with a minimum shelf life of 30% or at least 45 days remaining for sale.

Bloomberg Quint

05 Nov, 21:27


Acme Solar Holdings Raises Rs 1,300 Crore From Anchor Investors Prior To IPO Launch
https://www.ndtvprofit.com/ipos/acme-solar-holdings-raises-rs-1300-crore-from-anchor-investors-ipo-launch

Eight domestic mutual funds have applied through 17 schemes to acquire stake in Acme Solar Holdings.

Bloomberg Quint

05 Nov, 21:26


SEBI Mandates Separate Disclosures For Direct, Regular Mutual Fund Plans
https://www.ndtvprofit.com/markets/sebi-mandates-separate-disclosures-for-direct-regular-mutual-fund-plans

The returns for the past six months, as well as compounded annualised yields, must also be reported separately for each plan.

Bloomberg Quint

05 Nov, 21:25


Donald Trump Banks On US Election Result To Make Criminal Cases Go Away
https://www.ndtvprofit.com/world/donald-trump-banks-on-us-election-result-to-make-criminal-cases-go-away

Trump has already made it clear that as president he will quickly move to shut down the federal prosecutions, because he will have ultimate authority over the Justice Department.

Bloomberg Quint

05 Nov, 21:24


Air India Lacks Competent Managers, Says P Chidambaram After Flight Delay
https://www.ndtvprofit.com/business/air-india-lacks-competent-managers-chidambaram-flight-delay

Chidambaram slams Air India after flight AI 540 from Delhi to Chennai was delayed, causing inconvenience to passengers.

Bloomberg Quint

01 Nov, 18:45


October Market Correction Does Not Worry Anand Rathi โ€” Here's Why
https://www.ndtvprofit.com/markets/october-market-correction-does-not-worry-anand-rathi-heres-why

Anand Rathi also highlighted the growth in retail investors and said people are getting more educated about investment and asset classes.

Bloomberg Quint

01 Nov, 18:44


US Fed On Track For Rate Cut After Weak Jobs Data, Hiring Markdowns
https://www.ndtvprofit.com/global-economics/us-fed-on-track-for-rate-cut-after-weak-jobs-data-hiring-markdowns

Job openings are declining and the Fedโ€™s Beige Book showed economic activity was flat in most parts of the US since early September.

Bloomberg Quint

01 Nov, 14:11


EAC-PM Chairman Bibek Debroy Passes Away
https://www.ndtvprofit.com/nation/chairman-of-economic-advisory-council-to-pm-modi-bibek-debroy-passes-away

Mourning Debroyโ€™s death, Prime Minister Narendra Modi wrote on X, โ€œI will fondly remember his insights and passion for academic discourse."

Bloomberg Quint

01 Nov, 14:10


Diwali Muhurat Trading 2024: Nifty, Sensex Snap Twoโ€“Day Fall In Samvat 2081 Session
https://www.ndtvprofit.com/markets/diwali-muhurat-trading-2024-live-updates-stock-market-today-nifty-sensex-samvat-2081-live-blog

The Nifty 50 and Sensex ended 0.39% and 0.42% higher, respectively in special trading session for Diwali 2024.

Bloomberg Quint

01 Nov, 14:09


Samvat 2081: Market Gurus Spell Investment Strategies Amid Correction And Volatility
https://www.ndtvprofit.com/markets/samvat-2081-ridham-desai-ramdeo-agarwal-manish-chokhani-spell-investment-strategies

The ongoing Samvat 2080 has seen significant fluctuations in stock markets. Experts provide crucial insights on market volatility and effective Muhurat trading strategies as we approach Samvat 2081.

Bloomberg Quint

01 Nov, 05:48


Amazon Belt-Tightening Produces Strong Cloud, E-Commerce Results
https://www.ndtvprofit.com/technology/amazon-q3-earnings-cloud-ecommerce-growth-11-percent-revenue-increase

Amazonโ€™s Q3 results reveal a sharp 11% increase in revenue to $158.9 billion, highlighting CEO Andy Jassyโ€™s strategic emphasis on cost management across its cloud, e-commerce, and advertising sectors.

Bloomberg Quint

01 Nov, 05:47


Apple Disappoints Investors With Tepid Forecast, China Weakness
https://www.ndtvprofit.com/technology/apple-disappoints-investors-forecast-china-revenue-weakness-q4

Apple said that its December quarter sales will increase by a low single-digit percentage, missing analyst expectations of 7%, underscoring competitive pressures and an ongoing sales slump in China.

Bloomberg Quint

01 Nov, 05:46


Intel Surges After Results Spark Optimism Over Turnaround
https://www.ndtvprofit.com/technology/intel-q4-revenue-forecast-optimism-turnaround

Intel Corp.'s Q4 revenue forecast exceeded Wall Street's expectations, signalling a possible recovery in its core business and strengthening CEO Pat Gelsinger's ambitious turnaround efforts.

Bloomberg Quint

01 Nov, 05:45


Gold Steadies After Tumbling From Record As Rate-Cut Bets Fade
https://www.ndtvprofit.com/markets/gold-prices-stabilise-record-highs-fade-rate-cut-expectations

Gold prices steadied near $2,745 per ounce after the biggest one-day drop since July, as US Treasury yields climbed and rate-cut bets softened amid strong US economic data.

Bloomberg Quint

01 Nov, 05:44


Asian Stocks Fall On Tech Results Ahead Of US Jobs Data: Markets Wrap
https://www.ndtvprofit.com/markets/asian-stocks-fall-tech-results-us-jobs-data-markets

Asian equities followed the S&P 500's 1.9% and Nasdaq 100's 2.4% losses after poor earnings reports from tech giants. Investor focus has now shifted to US jobs data for potential market direction.

Bloomberg Quint

01 Nov, 05:43


Harris Seizes On Trumpโ€™s Vow To Protect Women Whether They โ€˜Like It Or Notโ€™
https://www.ndtvprofit.com/world/harris-trump-women-rights-reproductive-issues-uk-election-campaign

Vice President Kamala Harris rebukes Donald Trumpโ€™s controversial statement on womenโ€™s protection, criticising his stance on womenโ€™s rights as both campaign in key swing states ahead of the election.

Bloomberg Quint

31 Oct, 20:21


Pakistan's Economy Continues To Weaken, Options Narrow After IMF's $7 Billion Bailout
https://www.ndtvprofit.com/global-economics/pakistans-economy-continues-to-weaken-options-narrow-after-imfs-7-billion-bailout

Official statistics show that out of four key underlying assumptions for achieving the nearly Rs 13 trillion tax target -โ€“ the economic growth rate, inflation, large-scale manufacturing and imports โ€” three assumptions have already been proven wrong by the end of the first quarter of the current fiscal year.

Bloomberg Quint

31 Oct, 20:20


Stocks To Watch During Muhurat Trading: Reliance Industries, MCX And More
https://www.ndtvprofit.com/markets/stocks-to-watch-reliance-industries-mcx-and-more

Bondada Engineering will announce their results on Friday for the second quarter of the current financial year.

Bloomberg Quint

31 Oct, 20:19


Your Guide To FII Positions For Nov 1 Trade
https://www.ndtvprofit.com/markets/your-guide-to-fii-positions-for-nov-1-trade

The FIIs bought index options worth Rs 69,838 crore, stock futures worth Rs 355 crore, while they sold index futures worth Rs 1,989 crore, and stock options worth Rs 5,278 crore.

Bloomberg Quint

31 Oct, 14:34


Saudi Arabiaโ€™s Historical Mud City Seeing Boost In Tourism FDI
https://www.ndtvprofit.com/pursuits/saudi-arabias-historical-mud-city-seeing-boost-in-tourism-fdi

Companies from Italy, Colombia and the United Arab Emirates are the latest to make commitments to co-develop hotels and villas at the site.

Bloomberg Quint

31 Oct, 14:33


Americans Are Spending Big On Cosmetic Procedures โ€” And Wall Street Is Cashing In
https://www.ndtvprofit.com/pursuits/americans-are-spending-big-on-cosmetic-procedures-and-wall-street-is-cashing-in

Major procedures like liposuctions and buccal fat pad removal were both up 7% in 2023 from the year before, according to the American Society of Plastic Surgeons.

Bloomberg Quint

31 Oct, 14:32


RIL, Disney Joint Venture To Merge India Entertainment Business Gets EU Approval
https://www.ndtvprofit.com/business/eu-approves-reliance-disney-joint-venture-star-india-merger

The European Commissionโ€™s approval for Reliance and Disney joint venture, Star India, marks a pivotal merger in Indiaโ€™s entertainment industry, combining assets from Viacom18, StarPlus, and JioCinema.

Bloomberg Quint

31 Oct, 14:31


IPL 2025 Retention: Players Retained By KKR, CSK, RCB, MI, SRH, LSG And More
https://www.ndtvprofit.com/sports/ipl-2025-player-retentions-kkr-csk-rcb-mi-srh-rr-gt-lsg-dc-punjab-kings

Rohit Sharma and MS Dhoni have been retained by MI and CSK respectively, while Rishabh Pant, Shreyas Iyer and KL Rahul are among those who have been released by their respective teams.

Bloomberg Quint

31 Oct, 14:30


SumeetSSG to Invest Rs 1,600 Crore In Maharashtra For Emergency Medical Service Project
https://www.ndtvprofit.com/business/sumeetssg-to-invest-rs-1600-crore-in-maharashtra-for-emergency-medical-service-project

SumeetSSG is a 76:24 joint venture between Pune-based Sumeet Group Enterprises and Spanish firm SSG Matrix.

Bloomberg Quint

31 Oct, 14:29


Paddy Procurement Reaches 112 Lakh Tonne In Haryana, Punjab Despite Late Kickoff
https://www.ndtvprofit.com/nation/paddy-procurement-reaches-112-lakh-tonne-in-haryana-punjab-despite-late-kickoff

The ministry expressed confidence that both states will achieve their procurement targets - 185 lakh tonne for Punjab and 60 lakh tonne for Haryana - by the stipulated dates of Nov. 30 and Nov. 15, respectively.

Bloomberg Quint

26 Oct, 05:58


Israel Strikes Targets Across Iran, Expanding Their Conflict
https://www.ndtvprofit.com/world/israel-expands-strikes-iran-netanyahu-vows-retaliation

The Israeli Defense Forces confirmed precise airstrikes on Iranian military targets, targeting missile production sites in Tehran and Shiraz.

Bloomberg Quint

26 Oct, 05:57


Why The Government Meeting Its FY25 Capex Target Could Be A Tall Order
https://www.ndtvprofit.com/economy-finance/why-the-government-meeting-its-fy25-capex-target-could-be-a-tall-order

While the general elections slowed capex in the first quarter of the fiscal, the south-west monsoons, too, likely hampered the pick-up in capex post elections.

Bloomberg Quint

26 Oct, 05:56


How Zero Depreciation Motor Insurance Can Cut Claim Deductions
https://www.ndtvprofit.com/personal-finance/zero-depreciation-motor-insurance-reduce-claim-deductions-policybazaar

Adding a zero depreciation option can prevent depreciation deductions on claims, offering policyholders greater clarity on claim payouts for older vehicles.

Bloomberg Quint

26 Oct, 05:55


New CJI Sanjiv Khanna Set For Action-Packed Six-Month Tenure
https://www.ndtvprofit.com/law-and-policy/chief-justice-of-india-sanjiv-khanna-high-profile-cases-marital-rape-google-e-gaming

Justice Sanjiv Khanna steps into the role of the Chief Justice of India on Nov. 11, replacing DY Chandrachud at the position.

Bloomberg Quint

26 Oct, 05:54


Israel Strikes Military Targets Across Iran, Expanding Conflict
https://www.ndtvprofit.com/world/israel-strikes-military-targets-across-iran-expanding-conflict

The early morning strikes fulfilled Benjamin Netanyahuโ€™s promise to hit back after Iran fired about 200 ballistic missiles at Israel on Oct. 1.

Bloomberg Quint

26 Oct, 05:53


Bank Holiday Today? Are Banks Open Or Closed On October 26?
https://www.ndtvprofit.com/nation/saturday-bank-holiday-will-banks-be-open-or-closed-this-saturday-oct-26

This month has already seen up to 14 bank holidays across different states, each reflecting region-specific celebrations and events.

Bloomberg Quint

26 Oct, 05:52


EPF Calculator: Here's How Much You Need To Invest To Get Rs 2 Crore On Retirement
https://www.ndtvprofit.com/personal-finance/epf-calculator-heres-how-much-you-need-to-invest-to-get-rs-2-crore-on-retirement

Letโ€™s take a look at how much money you need to invest in the EPF scheme to build a retirement corpus of Rs 2 crore or more.

Bloomberg Quint

26 Oct, 01:13


ICICI Bank, REC, IDFC First Bank, Yes Bank Q2 Results Today โ€” Earnings Estimates
https://www.ndtvprofit.com/quarterly-earnings/icici-bank-rec-idfc-first-yes-bank-q2-results-estimates

Godawari Power, JK Cement, SBFC Finance and Voltamp Transformers will also announce their earnings.

Bloomberg Quint

25 Oct, 21:48


Arvind Smartspaces Q2 Results: Reports Fourfold Net Profit Of Rs 40.68 Crore
https://www.ndtvprofit.com/quarterly-earnings/arvind-smartspaces-q2-results-reports-fourfold-net-profit-of-rs-4068-crore

Total income rose to Rs 269.28 crore during the July-September period of 2024-25 fiscal year, from Rs 75.27 crore.

Bloomberg Quint

25 Oct, 21:47


Rane Brake Lining Q2 Results: Profit After Tax 15.3% Up At Rs 11 Crore
https://www.ndtvprofit.com/quarterly-earnings/rane-brake-lining-q2-results-profit-after-tax-153-up-at-rs-11-crore

Total revenue made during the quarter under review grew by 11% to Rs 175 crore.

Bloomberg Quint

25 Oct, 21:46


Airtel Africa Records $79 Million Profit In Q2
https://www.ndtvprofit.com/quarterly-earnings/airtel-africa-records-79-million-profit-in-q2

Airtel Africa reported revenue of $2,370 million for second quarter in financial year 2025.

Bloomberg Quint

25 Oct, 21:45


Angel One Settles SEBI Case, Pays Rs 5.74 Crore In Charges
https://www.ndtvprofit.com/law-and-policy/angel-one-settles-sebi-case-pays-rs-574-crore-in-charges

After remitting the settlement fee of Rs 5.74 crore, Angel One settled the case with SEBI.

Bloomberg Quint

25 Oct, 21:44


JM Financial Reports 19% YoY Profit Surge To Rs 232 Crore For Q2 2024
https://www.ndtvprofit.com/quarterly-earnings/biz-results-jm-financial-2

However, on a quarter-on-quarter basis, JM Financial's total income rose 11% from Rs 1,094 crore in the three month ended June 2024.

Bloomberg Quint

25 Oct, 21:43


India's Suru Valley Among National Geographic's 25 Best Places To Visit In 2025
https://www.ndtvprofit.com/pursuits/suru-valley-national-geographic-best-places-2025

The Best of the World 2025 list is curated by National Geographic's team of explorers, photographers, and editors that highlights one-of-a-kind travel experiences worldwide.

Bloomberg Quint

25 Oct, 21:42


The Four Most Underrated Vacation Spots In Mexico
https://www.ndtvprofit.com/pursuits/the-four-underrated-vacation-spots-in-mexico

Discover the allure of Mexico's hidden treasures, including the colonial charm of Campeche and the natural beauty of Bacalar, as tourism expands beyond Cancรบn.

Bloomberg Quint

25 Oct, 21:41


US Travelers Cut Holiday Trips Short On Lasting Inflation Pain
https://www.ndtvprofit.com/pursuits/us-travelers-shorter-holiday-trips-inflation-impact

Bankrate's survey shows that majority of US households are adjusting their holiday travel plans this year, with 86% of those earning less than $100,000 making changes in response to ongoing inflation.

Bloomberg Quint

25 Oct, 16:50


Nippon Life Q2 Results Review - Another Stellar Quarter: Centrum
https://www.ndtvprofit.com/research-reports/nippon-life-q2-results-review-another-stellar-quarter-centrum

The brokerage upgrades the stock to Buy from ADD.

Bloomberg Quint

25 Oct, 16:49


IIFL Finance Q2 Results Review - One Off Provisioning Resulted In Loss; Worst Is Behind: Systematix
https://www.ndtvprofit.com/research-reports/iifl-finance-q2-results-review-one-off-provisioning-resulted-in-loss-worst-is-behind-systematix

The brokerage maintain 'Buy' rating on the stock with target price of Rs 560.

Bloomberg Quint

25 Oct, 16:48


Home First Finance Q2 Results Review - Robust, Inline Quarter: Dolat Capital
https://www.ndtvprofit.com/research-reports/home-first-finance-q2-results-review-robust-inline-quarter-dolat-capital

The company is ahead on technology versus peers, driving consistently superior growth metrics, says the brokerage.

Bloomberg Quint

25 Oct, 16:47


The Inflation Struggle Is Over. Just Donโ€™t Tell Anyone
https://www.ndtvprofit.com/opinion/the-inflation-struggle-is-over-just-dont-tell-anyone

Is inflation really yesterday's story? Developments have been very encouraging.

Bloomberg Quint

23 Oct, 00:57


Stocks To Watch: Bajaj Finance, RIL, Reliance Infra, HUL, Zomato And More
https://www.ndtvprofit.com/markets/stocks-to-watch-bajaj-finance-ril-reliance-infra-hul-zomato-and-more

Aster DM Healthcare, AU Small Finance Bank, Bajaj Finserv, Birla Corp. and Godrej Properties are some of the other stocks to watch before going into trade.

Bloomberg Quint

23 Oct, 00:56


HUL, Godrej Properties, TVS Motor Q2 Results Today โ€” Earnings Estimates
https://www.ndtvprofit.com/quarterly-earnings/estimates-hul-godrej-properties-sbi-life-tvs-motor

Companies like SBI Life Insurance, Pidilite Industries, AU Small Finance Bank and United Spirits will also announce their earnings.

Bloomberg Quint

23 Oct, 00:55


Stock Market Today: All You Need To Know Going Into Trade On Oct. 23
https://www.ndtvprofit.com/markets/stock-market-today-all-you-need-to-know-going-into-trade-on-oct-23-2

Stocks in the news, big brokerage calls of the day, complete trade setup and much more!

Bloomberg Quint

22 Oct, 20:55


Hyundai Motor India To Invest Rs 6,000 Crore In Talegaon Facility For Growth Expansion
https://www.ndtvprofit.com/business/hyundai-motor-india-to-invest-rs-6000-crore-in-talegaon-facility-for-growth-expansion

During a post-listing media interaction, Hyundai Motor India also sounded hopeful of enhancing its market share in the electric vehicle space, where it stands as a marginal player currently.

Bloomberg Quint

22 Oct, 20:54


RBI's Gold Loan Review May Slow Growth, Raise Asset Quality Concerns: Crisil
https://www.ndtvprofit.com/economy-finance/biz-crisil-gold-loan

RBI had flagged certain irregular practices in loan against gold jewellery and asked lenders to comprehensively review their policies, processes and practices to identify gaps and initiate remedial measures in a time-bound manner.

Bloomberg Quint

22 Oct, 20:53


Andhra Pradesh Partners With Meta To Enhance Digital Public Services
https://www.ndtvprofit.com/technology/biz-andhra-govt-meta

The collaboration is aimed at bringing governance to the fingertips of citizens by leveraging Metaโ€™s WhatsApp Business Solution and open-source generative AI technologies like Llama.

Bloomberg Quint

22 Oct, 20:52


China Provides $100,000 Flood Relief Assistance To Sri Lanka
https://www.ndtvprofit.com/world/china-provides-100000-flood-relief-assistance-to-sri-lanka

Over 150,000 people have been affected and three killed in heavy rains and flash floods during the last two weeks in 15 of the 25 administrative districts of the island.

Bloomberg Quint

22 Oct, 20:51


PM Modi, China's Xi Jinping To Hold Bilateral Meeting At BRICS Sidelines On Wednesday
https://www.ndtvprofit.com/nation/pm-modi-xi-jinping-bilateral-meeting-brics-summit-russia-border-tensions

Prime Minister Narendra Modi and Chinese President Xi Jinping are set to discuss the recent breakthrough in border patrol agreements, potentially restoring peace and stability along the border.

Bloomberg Quint

22 Oct, 20:50


Shanthi Gears Q2 Results: Reports 21.9% Increase In Net Profit
https://www.ndtvprofit.com/quarterly-earnings/shanthi-gears-q2-results-reports-219-increase-in-net-profit

For the six-month period ending Sept. 30, 2024, profit after tax rose to Rs 47.29 crore, compared to Rs 39.14 crore in the previous year.

Bloomberg Quint

22 Oct, 20:49


Danish Power Takes Cautious Approach To IPO Despite Main Market Eligibility, Says MD Shivam Talwar
https://www.ndtvprofit.com/business/danish-power-ipo-cautious-approach-shivam-talwar

Danish Power plans to use the proceeds from the IPO for expansion, including new manufacturing facilities and working capital.

Bloomberg Quint

22 Oct, 20:48


Your Guide To FII Positions For Oct 23 Trade
https://www.ndtvprofit.com/markets/foreigners-institutional-investors-fii-trading-strategy-oct-23

The total long-short ratio for foreign investors fell slightly to 1.17 from 1.18 the previous day.

Bloomberg Quint

22 Oct, 20:47


Persistent Systems Q2 Results: Profit Up 23%, Revenue Jumps 20%
https://www.ndtvprofit.com/quarterly-earnings/persistent-systems-q2-results-profit-up-23-revenue-jumps-20

During the quarter, the company recorded order bookings of $529 million in total contract value.

Bloomberg Quint

22 Oct, 20:46


IDBI Bank Sale: Financial Bids To Be Invited By March, Says Top Government Official
https://www.ndtvprofit.com/business/idbi-bank-sale-financial-bids-invited-march-govt-lic-stake

IDBI Bank's disinvestment is moving forward with bidders expected to assess the bank's virtual data room and review the draft share purchase agreement by November.

Bloomberg Quint

22 Oct, 20:45


Bajaj Finance Hikes Credit Cost Guidance As Rural Business Hurts
https://www.ndtvprofit.com/quarterly-earnings/bajaj-finance-hikes-credit-cost-guidance-rural-business-impact

Bajaj Finance has raised its credit cost outlook for the current financial year, expecting figures to reach 2.00-2.05%, compared to its earlier estimate of 1.75-1.85%.

Bloomberg Quint

22 Oct, 20:44


NDTV World Summit: NAS Daily's Five Mantras To Excel The Social Media Game
https://www.ndtvprofit.com/nation/ndtv-world-summit-nas-dailys-five-mantras-to-excel-the-social-media-game

"If you want to reach the masses, it should be 24 frames per second," said Nas Daily.

Bloomberg Quint

22 Oct, 14:37


Trade Setup For Oct. 23: Nifty 50 Support At 24,200 Amid Increasing Bearish Sentiment
https://www.ndtvprofit.com/markets/nifty-50-trade-setup-october-23-2024-support-24000

Analysts warn that the Nifty 50 index has confirmed a bearish trend, with a significant support level identified at 24,200, where a bullish gap was previously established in August.

Bloomberg Quint

22 Oct, 14:36


Government Plans To Revive RINL With Restructuring Plan, Mulls Stake Saleโ€”NDTV Profit Exclusive
https://www.ndtvprofit.com/business/government-restructuring-plan-rinl-stake-sale-vizag-steel

Recent government measures have infused Rs 1,650 crore into RINL, with discussions ongoing for a new restructuring package aimed at improving the company's working capital.

Bloomberg Quint

22 Oct, 14:35


Supreme Industries Share Price Tumbles 10% After It Cuts Volume Guidance For FY25
https://www.ndtvprofit.com/business/supreme-industries-share-price-drops-fy25-volume-guidance-cut

After a 15% YOY decline in net profit to Rs 219 crore and a 1.6% drop in revenue, Supreme Industries Ltd. has adjusted its volume growth guidance for FY25 due to ongoing volatility in PVC resin prices

Bloomberg Quint

22 Oct, 14:34


BSNL Launches New Logo, Introduces Seven New Services
https://www.ndtvprofit.com/business/bsnl-launches-new-logo-seven-new-services-india

BSNL's new services include spam blockers and automated SIM kiosks, aiming to enhance user safety and convenience across urban and rural areas.

Bloomberg Quint

22 Oct, 14:33


Bajaj Finance Q2 Results: Profit Rises 13% Led By NII And AUM Growth, Meets Estimates
https://www.ndtvprofit.com/quarterly-earnings/bajaj-finance-q2-results-profit-rises-13-percent

Bajaj Finance also reported an exceptional gain of Rs 2,544 crore in its half-year standalone balance sheet from the sale of its stake in Bajaj Housing.