INDIA TODAY GROUP
Vizinjham port will reduce time, logistics cost for Indian manufacturers: APSEZ CEO Karan Adani
Adani Ports and SEZ CEO Karan Adani announced that the Vizinjham port will significantly cut down logistics costs and time for Indian manufacturers by up to 40%. This milestone follows the arrival of the first mother ship at the port, marking India's entry into global transshipment. The port's advanced facilities, including automated operations and modern infrastructure, aim to handle large ships efficiently. Supported by a public-private partnership, the port is expected to boost trade connectivity, handling a substantial portion of India's transshipment traffic previously managed outside the country.
India pitches for infusing new energies into BIMSTEC grouping
India has called on the seven-nation Bay of Bengal Initiative for Multi-sectoral Technical and Economic Cooperation (BIMSTEC) grouping to infuse new energies, resources, and a fresh commitment to bolster cooperation among the Bay of Bengal countries. External Affairs Minister S Jaishankar made the appeal during a two-day retreat in the national capital.
Congress, INDIA bloc will raise Manipur issue with full force in Parliament: Rahul Gandhi
Rahul Gandhi calls for Prime Minister Modi to visit Manipur and address the ongoing violence. Congress and INDIA bloc to raise peace concerns in Parliament. Situation remains dire with 200 casualties and mass displacement.
Congress, INDIA bloc will raise Manipur issue with full force in Parliament: Rahul Gandhi
The Congress and the INDIA bloc, led by Rahul Gandhi, are intensifying efforts in Parliament to push for peace in Manipur following recent violence. Gandhi calls for Prime Minister Modi to personally visit Manipur and address the ongoing tragedy. Despite multiple visits and efforts, the situation remains dire with homes destroyed and families displaced.
Stock market update: Stocks that hit 52-week lows on NSE
Titan Company, Divis Labs, Shriram Finance, Adani Ports SEZ and Adani Ent. were among the top losers on NSE.
Stock market update: Stocks that hit 52-week highs on NSE
Alphageo , Shreyans Ind, Rail Vikas Nigam, Kaya and Suven Life Sci, hit their fresh 52-week highs at 11:05AM.
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Valuations take centre stage as Sensex touches new peak
Majority of the Sensex constituents now trade above their respective long-term average valuations. It means investors need to be selective while accumulating blue chip names.
India Cements shares rally nearly 14%, cross $1 billion m-cap on UltraTech deal
India Cements' shares jumped 13.7% in early Thursday, hitting a new 52-week high of Rs 299. This surge followed UltraTech Cement's approval to acquire a non-controlling 23% stake, crossing the company's market capitalization past the $1 billion mark. The deal, valued at approximately Rs 1,885 crore, saw about six crore shares traded in the pre-market session, with UltraTech purchasing India Cements shares at Rs 267 each.
By 2032, India infrastructure spending will surpass $2.5 trillion, says Adani
The Adani Group, he said, will invest over $100 billion (around ₹8.35 lakh crore) over the next decade in energy transition projects and in manufacturing every major component required for green energy generation. Adani Green Energy is building solar and wind parks. The group is also building facilities to manufacture electrolyzers to make green hydrogen, wind power turbines and solar panels.
Rahul Gandhi's Birthday Today: From education to job, lesser-known facts about the Nehru-Gandhi scion turning 54
Rahul Gandhi, turning 54 today on June 19, is a prominent Congress leader and member of India's influential Gandhi family. His career challenges the ruling BJP and Prime Minister Narendra Modi. Born into a legacy of Indian Prime Ministers, Rahul Gandhi's education spanned prestigious schools in Delhi and abroad. He holds an M.Phil. from Trinity College, Cambridge, and has pursued diverse professional ventures before emerging as a key political figure, serving multiple terms in Parliament.
Mahindra group may join hands with global players for cell production in India: MD Anish Shah
Mahindra Group plans partnerships for local battery cell production to meet future electric vehicle demand in India by 2030. CEO Anish Shah confirms global technology and private equity interests for funding, focusing on indigenous production. Mahindra Electric's listing is slated for after 2030, anticipating market maturity and infrastructure growth for EV adoption despite current challenges.
India vs Canada weather forecast: Will rain play spoilsport in today's match?
India vs Canada Weather forecast: Rain threatens Lauderhill, with a flash flood warning as India, confident after three consecutive wins, aim for a fourth against Canada in their last Group ‘A’ match of the Men’s T20 World Cup 2024. Despite the weather, India has already qualified for the Super Eight stage in the West Indies and is set to top the Group A points table. If the match proceeds, India hopes to address any weaknesses before the Super Eights.
Adani group companies, LTTS among 19 companies in focus today & tomorrow
Adani group companies and LTTS, among others, are in focus for corporate actions like dividends and AGMs this week.
Weekly Top Picks: These stocks scored 10 on 10 on Stock Reports Plus
Stock Reports Plus, powered by Refinitiv, undertakes detailed company analysis for 4,000+ listed stocks. In addition to detailed company analysis, the report also collates analysts’ forecasts and trend analysis for each component. An average score in Stock Reports Plus is calculated by undertaking quantitative analysis of five key investment tools - earnings, fundamentals, relative valuation, risk and price momentum.
Modi’s return paves the way for infrastructure ramp up, says Vinit Bolinjkar
I believe that with the RBI having given the government more than one lakh additional surplus, I think there is a lot of room for manoeuvre and to announce all these projects.
T20 World Cup Live in USA: Schedule, time table, how to watch on 'Willow By Cricbuzz'
T20 World Cup is taking place in the US for the first time and viewers can watch the marquee event.
India vs Ireland T20 World Cup Highlights: India thrashes Ireland by 8 wickets in Group A match
India defeated Ireland in the T20 World Cup match in New York, USA, with a strong bowling performance restricting Ireland to 96 runs.
Be a contrarian in such times, if they have strong parent: 5 midcap stocks belonging to large industrial houses with upside potential of up to 49%
At a time when the market is digesting an election result which it did not expect. Questions are bound to come to about what should be done with mid-cap stocks. Is there a possibility that we might see more corrections ? The answer is yes. More than anything else, the reason for the correction would be the valuations and the fact that there was and still froth in some segments of the market. Should you buy mid-caps, the answer is yes. The question is what are you buying and for what time frame. And the bigger question is does the management have a proven track record that if tough times comes then it can steer the company through a tough time. If these tick marks are done, then ignore the political noise which all the political analysts are going to bring on table and surely there is no dearth of them. Focus on what is the business and who is running that business.
Trent plans global retail push after acing it in India
Noel Tata-led Trent is venturing into international markets with a flagship store in Dubai, targeting the Indian diaspora. Zudio, a key brand, has surpassed ₹7,000 crore in revenue in India. The company experienced another year of substantial growth in FY24, with net sales increasing by 50% to ₹12,375 crore and net profit nearly quadrupling to ₹1,477 crore.
How video gaming in India is now a ‘Bharat’ phenomenon
The Indian video gaming industry is being catalysed by the exponential growth of India’s IT infrastructure, widespread adoption of smartphones and the proliferation of high-speed internet connectivity. The industry’s evolution is evident in the rising percentage of gamers from non-metropolitan areas, which jumped from 57% in 2022 to 66% in 2023.
Exit polls see Modi hattrick: Predict NDA victory with stellar show in South & East; opposition left far behind
Exit polls on Saturday evening predicted a landslide victory for the ruling BJP-led National Democratic Alliance (NDA) in the general election, potentially exceeding its 2019 performance. Some polls projected the NDA could reach around 400 seats, a key target for Prime Minister Narendra Modi. The Lok Sabha, with 545 members, concluded its election held in seven phases from April 19 to June 1.
Listen closely: From Google smart speakers to Paytm soundboxes, these businesses are thriving in manufacturing
Making for others can be more lucrative than building a brand for themselves — this realisation has created a brigade of small contract manufacturers who are making India’s place prominent in the global electronics manufacturing services map.
Lok Sabha Elections 2024 Exit Polls Result Live Updates: NDA alliance to come out on top in UP, MP and Gujarat; to make big gains in Bengal
The 2024 Lok Sabha elections exit poll forecasts reveal BJP's potential gains in Tamil Nadu and West Bengal, with NDA alliance predicted to win over 350 seats. The showdown between NDA and Congress-led INDIA bloc intensifies as both aim for victory.
Reliance and Tata recognised among the World's Most Influential Companies by TIME
Reliance Industries Limited (RIL) has been named one of the World's Most Influential Companies by TIME magazine, marking its second appearance in the TIME 100 list. Recognized in the 'Titans' category, Reliance has significantly impacted various sectors in India and beyond, under the leadership of Mukesh Ambani. Key initiatives include Jio Platforms, the world's largest refining complex, Reliance Retail, investments in new energy, and ambitious net zero goals. The inclusion highlights the growing global influence of Indian enterprises.
Share market update: Most active stocks on D-Street today in terms of volume
The NSE Nifty index was trading 37.81 points down at 22929.85
Hindalco Q4 results today: Here's what to expect from the metals major
Hindalco Industries likely to report muted revenues in Q4FY24 despite higher profitability. Novelis expected to see improved earnings. Investors await management guidance on domestic aluminum demand and hedging position.
Indegene IPO shares to debut today. Here's what GMP indicates
In the unlisted market, Indegene IPO shares are currently trading with a Grey Market Premium (GMP) of Rs 290. Given the upper price band of Rs 490, the stock is anticipated to debut with a premium of more than 60%. Before the issue opening, the company successfully garnered approximately Rs 549 crore from anchor investors, indicating strong investor interest and potential for a promising market debut.
Rupee ends flat as foreign banks' dollar buys eat into uptick
The rupee ended at 83.5075 against the U.S. dollar, barely changed from its previous close at 83.5175. The currency had risen to a high of 83.4475 early in the session, before shedding some of the gains.
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