LIC IPO: The listing of LIC is set to be India's biggest ever IPO, with the government aiming to raise up to Rs 90,000 cr
EBIT margins for services (IT services+ ER&D) were down 190 bps on a QoQ basis.
Tata Consumer seems to have bottomed out near Rs 700 level, and has gradually picked up momentum to improve the bias, says the technical analyst from Prabhudas Lilladher
Legendary Kathak dancer Birju Maharaj has passed away, news agency ANI reported on Monday. He was 83.
HDFC Bank and HCL Technologies are likely to react to Q3 numbers this morning. While the former reported 18 per cent YoY growth in net, the latter too beat Street expectations.
An undersea volcano erupted in spectacular fashion near the Pacific nation of Tonga on Saturday, sending large tsunami waves crashing across the shore and people rushing to higher ground.
At present, Rajeev Ahuja, an executive director at bank, is acting as interim MD & CEO after Vishwavir Ahuja, proceeded on medical leave in December 2021
Virat Kohli on Saturday dropped a bombshell by quitting Test captaincy following the unexpected series defeat against South Africa. Kohli was appointed Test captain back in 2014 when M S Dhoni stepped down in the middle of the series against Australia. "Every thing has to come to a halt at some stage and for me as Test captain of India, it's now. There have been many ups and also some downs along the journey but there has never been lack of effort or lack of belief," Kohli wrote in a statement which he posted on Twitter, taking everyone by surprise. His shock announcement came a day after India lost the Test series in South Africa 1-2. Kohli led India to the top of world rankings and during his tenure, the team recorded a memorable series win in Australia. The 33-year old had recently quit as T20 captain and was later sacked at ODI captain by the BCCI.
Only sick patients requiring emergency care may visit hospitals and autonomous institutions for next two weeks, says Karnataka govt amid big Covid spike
However, ECI granted relaxation for the political parties to the extent that indoor meetings of maximum of 300 persons or 50% of the capacity of the hall
Unilever confirms interest in GSK assets, says GSK consumer business would be 'strong strategic fit'; UK's Sunday Times says 50 billion-pound bid rejected in late 2021
State Bank of India, the country's largest lender, on Saturday increased interest rates on fixed deposit (FD) by upto 10 basis points or 0.10 per cent.
The lender's net interest income, the difference between interest earned and interest expended, grew by 13% to Rs 18,443.5 cr in Q3FY21
Under the deal negotiated, Brahmos Aerospace Private Ltd will deliver three batteries, train operators and maintainers, and provide logistics support, Defence Secretary Delfin Lorenzana said
The company believes that this will not impact the existing business from this facility.
Analysts expect margins of cement companies to bottom out in Q3FY22, with likely recovery in demand and prices.
MSSL has fixed January 17, 2022 as record date for determining shareholders for allocation of additional shares of DWH business in the entitlement ratio of 1:1.
In the past three months, the stock has declined 43 per cent on weak executions in the July-September quarter (Q2FY22).
Court of Inquiry ruled out mechanical failure, sabotage or negligence as cause of chopper crash that killed CDS Gen Bipin Rawat, 13 others, says IAF
One name is doing the rounds as a frontrunner to take charge his Indian-origin Chancellor and Downing Street neighbour Rishi Sunak.
TCS, Infosys, L&T, Tech M, and HDFC Bank were the top gainers on the Sensex today.
Over first 10 days of 2022, sales of gasoline and diesel which together make up more than half of India's overall petroleum consumption dipped by 2% to 3% from a year earlier
In the past one week, the stock has zoomed 44 per cent, on expectation of improvement of company's performance, primarily due to the price hikes taken in the lignite division.
More than 75 per cent of those who succumbed to the novel coronavirus infection in the current wave in Delhi were unvaccinated, Health Minister Satyendra Jain said on Friday. He also said that the city is expected to record less than 25,000 coronavirus cases on Friday. Delhi had on Thursday reported 28,867 COVID-19 cases, the sharpest single-day spike since the pandemic began, and 31 deaths, while the positivity rate surged to 29.21 per cent, according to the health department data. Delhi's previous biggest daily jump of 28,395 cases was recorded on April 20 last year. According to official data, of the 97 people who died here due to Covid, between January 9 to January 12, 70 people were unvaccinated, while 19 had taken the first jab and eight were fully vaccinated. Besides seven were minors. "More than 75 per cent of the people who died due to coronavirus had not even taken a single dose of the vaccine. Ninety per cent of the people had severe comorbidities like cancer and kidney
Overall, analysts expect NIMs to be around 4.11-4.20 per cent. In Q3FY21, NIM was 4.2 per cent, and it was 4.10 per cent in Q2FY22.
A Double Bottom breakout on metal index indicates an upside towards 6,300-level, which is 7% higher from current levels.
As the key positives are already captured, brokerage firm Motilal Oswal Financial Services sees limited upside for the stock hereafter.
According to Nandish Shah of HDFC Securities, the stock has broken out on the daily chart with higher volumes to close at highest level since December 10.
Mehul Kothari of Anand Rathi is bullish on Rain Industries and Route Mobile.
HCL Technologies is scheduled to announce Q3 results on Friday, while HDFC Bank will report numbers on Saturday. Adani group stocks may be in focus on the back of MoU with POSCO.
The accident occurred around 5 p.m. in an area under Alipurduar division of Northeast Frontier Railway
The MoU entails an investment of Rs 5 trn in Gujarat over the next 10-15 years for setting up a 100 Gw Renewable Energy Power Plant and Green Hydrogen Eco-System
The meeting comes on a day India logged 247,417 new infections, the highest in 236 days
Among sectors, the Nifty Metal index zoomed 3.5 per cent on the NSE today while the Nifty Realty index slumped 0.8 per cent
On Wednesday, after market hours, Tata Motors announced that its subsidiary, Jaguar Land Rover recorded a 37.6 per cent year on year (YoY) drop in retail sales to 80,126 units in Q3.
Stocks like HOEC, HPCL, ONGC and Pidilite can rally up to 10 per cent in the near term.
Rating agency ICRA said that its reaffirmation in ratings takes into account Pricol's strong revenue and margin growth in FY2021 and H1 FY2022.
The median forecast of seven brokerages pegs growth in HCL Tech's Q3 consolidated net profit at 3.4 per cent on a quarter-on-quarter (QoQ) basis, at around Rs 3,350-3,400 crore.
The better traction in the specialty segment and improvement in domestic business to drive the margin expansion in Q3.
TCS is heading towards Rs 4,200 followed by Infosys, which is moving in the direction of Rs 2,100
The company stood at 77th position in the overall market cap ranking, the BSE data showed.
A consortium led by L&T Hydrocarbon Engineering has secured mega contracts for two offshore packages from a prestigious overseas client.
US central bankers are coalescing around a plan to start tapping the brakes on economic growth as soon as March, with further monetary policy tightening likely as the year goes on
The three IT majors - Infosys, TCS and Wipro shall react to the Q3 earnings reported on Wednesday after market hours this morning.
In an exclusive interview with Business Standard, diamantaire Mehul Choksi claims he turned a defaulter only after banks "wrongly implicated" him in the Nirav Modi case and his assets were seized
Sharma indicated that he would have bought more shares of Paytm if he could as it was trading cheaply
Companies are rushing to campuses in order to mitigate supply-demand imbalance
TCS board has recommended a buyback of shares to the tune of Rs 18,000 cr at Rs 4,500 per share
Retail inflation was 4.91% in November 2021 and 4.59% in December 2020
Consolidated revenue rose 23% to Rs 31,867 cr