Navin Fluorine International Q4 PAT may dip 90.2% YoY to Rs 13.4 cr: Prabhudas Lilladher
Net Sales are expected to decrease by 28.6 percent Y-o-Y to Rs 497.6 crore, according to Prabhudas Lilladher.
Posted on 16 April 2024 | 3:03 pm
Salman Khan#39;s expensive properties: A Rs 100 crore worth sea-facing apartment to high-end luxurious cars
The stardom of Bollywood superstar Salman Khan, who#39;s the popular TV show #39;Bigg Boss#39; host, is paralleled by a life of luxury, marked by some extremely costly possessions that reflect his success. Here is a list of some of the most extravagant things Salman owns.
Posted on 16 April 2024 | 2:38 pm
Big AI users fear being held hostage by ChatGPT
Low pricing is drawing companies into deals with OpenAI and rivals, but what happens once they become reliant on their tools?
Posted on 16 April 2024 | 2:37 pm
Record advance-decline ratio for April but experts see no reason to rejoice, just yet! Here’s why
Experts say that market breadth has taken a u-turn in the past few sessions amid geopolitical jitters and weak global cues. So, even though it#39;s a positive sign, it would be prudent to adopt a wait-and-watch approach and see if the trend persists throughout the month.
Posted on 16 April 2024 | 2:36 pm
Buy Exide Industries; target of Rs 477: Sharekhan
Sharekhan is bullish on Exide Industries has recommended buy rating on the stock with a target price of Rs 477 in its research report dated April 15, 2024.
Posted on 16 April 2024 | 2:23 pm
UK PM Rishi Sunak faces resistance over his smoking ban plans
The British Indian leader proposed the Tobacco and Vapes Bill last year and declared his vision for creating a "smokefree generation" by making it an offence to sell tobacco products to anyone born after January 1, 2009, which covers children aged 15.
Posted on 16 April 2024 | 2:17 pm
Buy Lupin; target of Rs 1868: Sharekhan
Sharekhan is bullish on Lupin has recommended buy rating on the stock with a target price of Rs 1868 in its research report dated April 15, 2024.
Posted on 16 April 2024 | 2:16 pm
Fire breaks out at Copenhagen#39;s historic stock exchange, spire collapses
Live video from local media showed people carrying large paintings away from the building to save them from the flames.
Posted on 16 April 2024 | 2:14 pm
Industrial, warehousing supply nears 7 mn sq ft in Q1 of 2024, highest in 2 years: Colliers
The report stated that Mumbai and Chennai led the demand with about 55 percent share. At the pan-India level, retail players accounted for 16 percent of the demand during the quarter, followed by engineering and automobile players with 12 percent share each, the report said.
Posted on 16 April 2024 | 1:57 pm
FO Manual | Nifty falls near support, may extend fall; Bank Nifty stares at 47,300-47,800 expiry range
Options data suggests that highest call open interest can be seen at 22,300 strike, forming crucial resistance for the day
Posted on 16 April 2024 | 1:54 pm
Singapore orders all employers to consider workers’ flexi-time requests
Employees will also be entitled to ask for other arrangements such as flexible work locations come the end of this year.
Posted on 16 April 2024 | 1:52 pm
Buy Senco Gold; target of Rs 1100: Emkay Global Financial
Emkay Global Financial is bullish on Senco Gold has recommended buy rating on the stock with a target price of Rs 1100 in its research report dated April 15, 2024.
Posted on 16 April 2024 | 1:51 pm
Dollar bulldozes its way through Asian FX with help from yuan
China’s move to weaken its daily reference rate for the yuan added to the selling pressure, with the Indonesian rupiah, Indian rupee and the South Korean won among the hardest hit.
Posted on 16 April 2024 | 1:45 pm
Rakhi Sawant pleads to Lawrence Bishnoi and his brother to not harm Salman Khan, says, #39;he helps people, leads a simple life, let him live#39;
In a video, Rakhi Sawant expressed her distress over the Salman Khan#39;s house firing incident, calling Salman a Bollywood legend whose life and contributions to the industry and society are invaluable. Salman and his brother Sohail Khan had generously supported Rakhi#39;s mother Jaya Sawant’s cancer treatment during the pandemic.
Posted on 16 April 2024 | 1:28 pm
Nissan says it will make next-generation EV batteries by 2028
Japan’s legacy automakers have fallen behind newer rivals like America’s Tesla and China’s BYD in the emerging all-electric auto sector.
Posted on 16 April 2024 | 1:25 pm
India rate cuts #39;off the table#39; in 2024/25: Morgan Stanley
"We believe that improving productivity growth, rising investment rate, and inflation tracking above the target of 4%, alongside a higher terminal Fed funds rate, warrant higher real rates," economists Upasana Chachra and Bani Gambhir wrote.
Posted on 16 April 2024 | 11:59 am
The overlooked threats to the global financial system
As western governments shy away from debt reduction and structural reform, investors must reassess their view of ‘safe’ assets
Posted on 16 April 2024 | 11:45 am
The overlooked threats to the global financial system
As western governments shy away from debt reduction and structural reform, investors must reassess their view of ‘safe’ assets
Posted on 16 April 2024 | 11:45 am
Government increases windfall tax on petroleum crude by 41% from April 16
The tax, which is revised every fortnight, will remain unchanged at zero for diesel and aviation turbine fuel.
Posted on 16 April 2024 | 6:10 am
Govt raises windfall tax on petroleum crude
The tax, which is revised every fortnight, will remain unchanged at zero for diesel and aviation turbine fuel.
Posted on 16 April 2024 | 6:10 am
India seeks global collaborations to explore new tech, use of methanol, ammonia as ship fuel
The Indian delegation is here to participate in the Singapore Maritime Week, which is being attended by over 10,000 delegates from around the world.
Posted on 15 April 2024 | 2:49 pm
Govt rules out permitting sugar exports this season
However, Indian Sugar Mills Association (ISMA) has requested the government to allow export of 10 lakh tonne of sugar in the 2023-24 season, anticipating healthy closing stock by the season-end.
Posted on 15 April 2024 | 2:17 pm
India#39;s steelmakers fall short of investment target due to delays linked to China
Under a production-linked incentive programme, launched in 2020, 27 steelmakers including JSW Steel Ltd, Tata Steel Ltd, and ArcelorMittal Nippon Steel Ltd signed 57 agreements with the government, promising to invest 210 billion rupees ($2.52 billion) in the 2023/24 fiscal year.
Posted on 15 April 2024 | 1:56 pm
India#39;s steelmakers fall short of investment target due to delays linked to China
Under a production-linked incentive programme, launched in 2020, 27 steelmakers including JSW Steel Ltd, Tata Steel Ltd, and ArcelorMittal Nippon Steel Ltd signed 57 agreements with the government, promising to invest 210 billion rupees ($2.52 billion) in the 2023/24 fiscal year.
Posted on 15 April 2024 | 1:56 pm
India consumer firms gear up to cash in on a sizzling summer
The world#39;s most populous nation expects 10 to 20 heatwave days, which it describes as temperatures hitting at least 40 degree Celsius in the plains, from April through June this year, versus the normal four to eight days.
Posted on 15 April 2024 | 1:45 pm
Gold is back — and it has a message for us
The precious metal’s surge may herald a whole new world
Posted on 15 April 2024 | 12:08 pm
Moneycontrol Pro Market Outlook | War clouds over the Middle East can keep the market jittery
The global financial market faces a daunting reality as tensions in the Middle East escalate. It is evident that market volatility will increase next week, and should the market experience a significant and prolonged downturn, the upcoming earnings season may be a washout
Posted on 15 April 2024 | 8:31 am
Moneycontrol Pro Weekender | Horses for courses
While growth is picking up worldwide at the moment, the medium term outlook is far from rosy, says the IMF
Posted on 13 April 2024 | 10:08 am
Bet on Chinese economic decline at your own peril
There is reason to believe that China is transitioning to a more mature stage of economic growth, rather than going down a slope of decline. It would be wrong for India to fashion plans based on any assumption of Chinese economic decline
Posted on 13 April 2024 | 9:14 am
British consumers are being asked to defy gravity again
Appetite for food and fashion saved the consumer economy last year. They may not live up to the same expectations for 2024
Posted on 12 April 2024 | 5:09 pm
Navin Fluorine International Q4 PAT may dip 90.2% YoY to Rs 13.4 cr: Prabhudas Lilladher
Net Sales are expected to decrease by 28.6 percent Y-o-Y to Rs 497.6 crore, according to Prabhudas Lilladher.
Posted on 16 April 2024 | 3:03 pm
Salman Khan#39;s expensive properties: A Rs 100 crore worth sea-facing apartment to high-end luxurious cars
The stardom of Bollywood superstar Salman Khan, who#39;s the popular TV show #39;Bigg Boss#39; host, is paralleled by a life of luxury, marked by some extremely costly possessions that reflect his success. Here is a list of some of the most extravagant things Salman owns.
Posted on 16 April 2024 | 2:38 pm
Big AI users fear being held hostage by ChatGPT
Low pricing is drawing companies into deals with OpenAI and rivals, but what happens once they become reliant on their tools?
Posted on 16 April 2024 | 2:37 pm
Record advance-decline ratio for April but experts see no reason to rejoice, just yet! Here’s why
Experts say that market breadth has taken a u-turn in the past few sessions amid geopolitical jitters and weak global cues. So, even though it#39;s a positive sign, it would be prudent to adopt a wait-and-watch approach and see if the trend persists throughout the month.
Posted on 16 April 2024 | 2:36 pm
Buy Exide Industries; target of Rs 477: Sharekhan
Sharekhan is bullish on Exide Industries has recommended buy rating on the stock with a target price of Rs 477 in its research report dated April 15, 2024.
Posted on 16 April 2024 | 2:23 pm
UK PM Rishi Sunak faces resistance over his smoking ban plans
The British Indian leader proposed the Tobacco and Vapes Bill last year and declared his vision for creating a "smokefree generation" by making it an offence to sell tobacco products to anyone born after January 1, 2009, which covers children aged 15.
Posted on 16 April 2024 | 2:17 pm
Buy Lupin; target of Rs 1868: Sharekhan
Sharekhan is bullish on Lupin has recommended buy rating on the stock with a target price of Rs 1868 in its research report dated April 15, 2024.
Posted on 16 April 2024 | 2:16 pm
Fire breaks out at Copenhagen#39;s historic stock exchange, spire collapses
Live video from local media showed people carrying large paintings away from the building to save them from the flames.
Posted on 16 April 2024 | 2:14 pm
Industrial, warehousing supply nears 7 mn sq ft in Q1 of 2024, highest in 2 years: Colliers
The report stated that Mumbai and Chennai led the demand with about 55 percent share. At the pan-India level, retail players accounted for 16 percent of the demand during the quarter, followed by engineering and automobile players with 12 percent share each, the report said.
Posted on 16 April 2024 | 1:57 pm
FO Manual | Nifty falls near support, may extend fall; Bank Nifty stares at 47,300-47,800 expiry range
Options data suggests that highest call open interest can be seen at 22,300 strike, forming crucial resistance for the day
Posted on 16 April 2024 | 1:54 pm
Singapore orders all employers to consider workers’ flexi-time requests
Employees will also be entitled to ask for other arrangements such as flexible work locations come the end of this year.
Posted on 16 April 2024 | 1:52 pm
Buy Senco Gold; target of Rs 1100: Emkay Global Financial
Emkay Global Financial is bullish on Senco Gold has recommended buy rating on the stock with a target price of Rs 1100 in its research report dated April 15, 2024.
Posted on 16 April 2024 | 1:51 pm
Dollar bulldozes its way through Asian FX with help from yuan
China’s move to weaken its daily reference rate for the yuan added to the selling pressure, with the Indonesian rupiah, Indian rupee and the South Korean won among the hardest hit.
Posted on 16 April 2024 | 1:45 pm
Rakhi Sawant pleads to Lawrence Bishnoi and his brother to not harm Salman Khan, says, #39;he helps people, leads a simple life, let him live#39;
In a video, Rakhi Sawant expressed her distress over the Salman Khan#39;s house firing incident, calling Salman a Bollywood legend whose life and contributions to the industry and society are invaluable. Salman and his brother Sohail Khan had generously supported Rakhi#39;s mother Jaya Sawant’s cancer treatment during the pandemic.
Posted on 16 April 2024 | 1:28 pm
Nissan says it will make next-generation EV batteries by 2028
Japan’s legacy automakers have fallen behind newer rivals like America’s Tesla and China’s BYD in the emerging all-electric auto sector.
Posted on 16 April 2024 | 1:25 pm
Aditya Birla Capital aims to nearly double customers with new digital platform in 3 years
Speaking at the launch of the Aditya Birla Capital Digital here, Aditya Birla Group chairman Kumar Mangalam Birla said the purpose of the platform is to acquire new customers in a seamless manner.
Posted on 16 April 2024 | 1:16 pm
Max Healthcare Institute to invest Rs 5,000 crore on doubling bed capacity in 4-5 years
The company, which had last year acquired Sahara Hospital in Lucknow for an enterprise value of Rs 940 crore has renamed it as Max Super Specialty Hospital, Lucknow.
Posted on 16 April 2024 | 1:13 pm
Sterlite Technologies raises Rs 1,000 crore through QIP route
Post the allotment, the paid-up equity share capital of Sterlite Technologies (STL) has increased to Rs 97.5 crore comprising 48.5 crore equity shares.
Posted on 16 April 2024 | 11:17 am
Tech firms TCS, Accenture, Cognizant lead LinkedIn#39;s top large companies list
Professional networking platform LinkedIn on Tuesday released the 2024 Top Companies list for India wherein IT companies bagged the top three ranks, while financial services firms dominated the list with 9 out of 25 companies from this sector.
Posted on 16 April 2024 | 10:51 am
Kotak sees India index inclusion improving liquidity for banks
The anticipated entry of overseas funds into India’s $1.2 trillion government debt market presents an opportunity for lenders including Kotak to sell part of their bond investments to these new buyers, according to Joint Managing Director K.V.S Manian.
Posted on 16 April 2024 | 9:44 am
How Mauritius slipped down the ranks of nations sending highest FPI India’s way
The year 2013 marked a turning point, when FPI assets from the United States soared past that from Mauritius for the first time at Rs 3.59 lakh crore.
Posted on 16 April 2024 | 8:55 am
Not perturbed by conglomerates entering paints business; not an easy sector to crack: Asian Paints CEO
With a share of over 50 percent, Asian Paints leads the market by a distance, followed by Berger Paints with 18%, Kansai Nerolac Paints with 15%, and AkzoNobel (Dulux) with 7%.
Posted on 16 April 2024 | 8:26 am
Infosys Q4FY24 earnings preview: Top five factors at play
Infosys is expected to post revenue of Rs 38,413 crore in Q4, implying a 2.6% YoY increase but a sequential decline of 1.1%. Net profit is estimated to be flat both sequentially and YoY at Rs 6,128 crore.
Posted on 16 April 2024 | 8:01 am
Asian Paints launches Neo Bharat Latex Paint to tap on booming demand
The company, which is the leading player in India, touts the new segment to being affordable, offering over 1000 shades for consumers.
Posted on 15 April 2024 | 5:30 pm
Vedanta group asks JPMorgan to arrange $300 million India bond
The tenor of the proposed bonds is expected to be in the range of three to five years, the people said. Proceeds would be used to support the company’s business activities, they said.
Posted on 15 April 2024 | 2:25 pm
Honda commences work for new warehouse facility in Karnataka
Managed by Honda Cars India, the new facility will support the spare parts operations for all Honda businesses, including Honda Cars India, Honda Motorcycle Scooter India, and Honda India Power Products, the company said in a statement.
Posted on 15 April 2024 | 2:14 pm
SMEs far from bubble territory, FY25 IPOs will exceed FY24: SKG Investments#39; Kush Gupta
Companies in the SME space can be a little more tricky to evaluate as opposed to largecaps or mature midcaps, says the director of SKG Investments amp; Advisory.
Posted on 15 April 2024 | 9:25 am
TCS Q4 FY24 – Who should look to add TCS now?
Earnings report better than expected on margin gains and order inflows
Posted on 15 April 2024 | 8:59 am
Carlyle picks JPMorgan and Kotak to help arrange Hexaware IPO
The US investment firm plans to hold the IPO as early as in the fourth quarter of this year, the people said, asking not to be identified as the deliberations are private.
Posted on 15 April 2024 | 7:55 am
Nepalese billionaire who made his fortune making instant noodles aims to list India unit by 2026
The listing plans for the firm, which has a 28% share in the local instant noodles market and an annual revenue of 8 billion rupees ($96.2 million), are still in the early stages of discussion, he added. It aims to grow its revenue by 15% this year.
Posted on 15 April 2024 | 7:53 am
