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Block deals worth over Rs 9,947 crore this week. HDFC Bank, Infosys, Adani Ports among stocks with major action
In the large cap segment, 15 companies witnessed significant block deals worth Rs 5,725 crore led by HDFC Bank with 43 block counts totalling to Rs 2,446 crore. The next in line were Adani Ports and Special Economic Zone (Rs 469 crore), Godrej Consumer (Rs 421 crore), TVS Motor Company (358 crore), Infosys (Rs 339 crore), Interglobe Aviation (Indigo, Rs 288 crore) and Maruti Suzuki (Rs 218 crore).
What's draining the juice out of electric two-wheeler makers' battery
Sales of e2Ws plummet due to policy inconsistencies, supply chain issues with Chinese suppliers, and expectations for FAME III rollout, impacting top manufacturers like Hero Electric, Okinawa, and Ampere.
Car sales lose pace in June, SUVs stay in front
Passenger vehicle sales in India remained sluggish for the third consecutive month in June due to a high base and reduced post-pandemic pent-up demand. Sales rose 3.7% from a year earlier but slightly declined from May, with 340,784 units sold compared to 328,710 last year. SUVs comprised 53% of sales.
Iran seesawing vote results put race between reformist Masoud Pezeshkian and hard-liner Saeed Jalili
Early results from Iran's presidential election show a close contest between reformist Masoud Pezeshkian and hard-liner Saeed Jalili, with Pezeshkian leading with 5.3 million votes to Jalili's 4.8 million. Another candidate, Mohammad Bagher Qalibaf, garnered 1.6 million votes. Turnout figures were not yet disclosed. If no candidate secures over 50% of the vote, a runoff between the top two contenders will be held. This election follows the recent death of President Ebrahim Raisi, complicating Iran's political landscape amid regional tensions and internal challenges.
Best Sony TVs in India - 2024
Sony TVs are renowned for their exceptional picture quality, innovative technology, and sleek design. Featuring advanced display technologies like OLED and LED, they deliver stunning visuals with vibrant colors and deep contrasts. Sony's smart TVs also offer seamless integration with various streaming services and smart home devices, making them a top choice for a premium viewing experience.
China's crackdown on 'wealth-flaunting' social media puts pressure on influencers to echo the party line
Chinese regulators crack down on social media influencers flaunting wealth, contrasting with US mental health concerns. The campaign targets extravagant displays, reflecting wider fears of subversive views. Public support for authoritarian measures shapes the crackdown, including pressure on Taiwanese influencers. The effort aligns with China's goal of managing its vast online population under President Xi Jinping's watchful eye.
Ather's Maha plans: BJP leader urges CM Siddaramaiah to persuade firm to invest in Karnataka
BJP MLA Arvind Bellad urged Karnataka government to persuade Ather Energy to set up its plant in Dharwad district, expressing disappointment over the company choosing Aurangabad for investment.
TRAI calls upon MIB to establish credible measurement system for TV, radio, OTT
The Telecom Regulatory Authority of India (TRAI) has recommended establishing a transparent audience measurement system for television, radio, and OTT services to the Ministry of Information and Broadcasting. It suggests revamping the existing system, expanding sample sizes, encouraging multiple rating agencies, and utilising advanced technologies. TRAI also proposes granting infrastructure status to the broadcasting sector to boost investment, streamlining processes, measuring broadcasting's impact on GDP, implementing a policy for the AVGC sector, and expanding TV reach through broadband infrastructure and subsidised schemes for underserved populations.
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.
Sushant Singh Rajput's ex Ankita Lokhande credits late actor for her acting career; here's why
Ankita Lokhande recently celebrated her 15-year journey in the entertainment industry, attributing much of her success to her debut show, 'Pavitra Rishta,' which also starred the late Sushant Singh Rajput. In a heartfelt Instagram post, Ankita expressed gratitude to Ekta Kapoor and Balaji Telefilms for her iconic role as Archana and reflected on Sushant's significant influence on her career.
When will 'Silo Season 2' be released? Rebecca Ferguson drops a hint
'Silo Season 2' s lead actress Rebecca Ferguson has recently revealed that they are 'pushing for' the release date for the upcoming season, amid massive expectations from fans.
The Rookie Season 7: Here’s what showrunner Alexi Hawley has to say about filming
"The Rookie" Season 7 gears up for production to deliver an uninterrupted season, promising new challenges and deeper character explorations. With major villains and more undercover operations on the horizon, fans can expect an intense and engaging season ahead.
Red Sea crisis driving up cost of white goods
The Red Sea conflict is causing a shortage of shipping containers, leading to challenges like contract cancellations due to the force majeure clause. Shipping lines are adjusting to the situation post the financial year closure.
Presumed Innocent: Everything we know about trailer, plot, production, cast and crew
In the trailer for 'Presumed Innocent,' Jake Gyllenhaal's character insists he did not commit the murder he is accused of. The series, based on Scott Turow's novel, premieres on June 12 on Apple TV+.
Are Young Sheldon and Missy Cooper returning with their own spin-off? Iain Armitage reveals details
Montana Jordan and Emily Osment are confirmed to reprise their roles in “Georgie and Mandy's First Marriage”, sparking speculation about potential spin-offs for other cast members, particularly Raegan Revord's portrayal of Missy Cooper.
Stock Radar: Contra buy? This media stock is showing signs of bottoming out after 40% fall
Sun TV Ltd stock fell 40% from Jan 2018 highs but shows signs of bottoming. Short-term traders with high risk profile can buy for Rs 760 target in 2 months if momentum continues, as per experts. Stock hit a record high of Rs 1097 on 16th Jan 2024. Stock is down 10% from 52-week high recorded on 4th Jan 2024.
TVS Motor Co starts operations in Italy
TVS Motor Company Ltd has launched operations in Italy through TVS Motor Italia, offering a range of conventional and electric scooters and motorcycles. The branch is led by Giovanni Notarbartolo di Furnari, bringing extensive automotive experience. The move aligns with TVS's global ambitions, with plans to introduce products like the TVS Apache 310 Series, Ronin 250, Raider, NTorq, Jupiter 125, iQube, and X. Additionally, e-bikes from Cilo, EGO Movement, Simpel, and EBCO will be offered, showcasing TVS's confidence in the Italian market.
TVS Motors shares rise 6% after Q4 results. Should you buy, sell or hold?
TVS Motors Share Price: Shares of TVS Motor Company surged nearly 6% on Thursday on BSE to the day’s high of Rs 2,121.30 as the company reported an 18% year-on-year (YoY) increase in standalone net profit to Rs 485.43 crore for the fourth quarter ended March 31, 2024.
TVS Electronics' new SMT line set to focus on defence and railways and other industries
TVS Electronics ventures into EMS sector for defence, railways and other industries with SMT line in Karnataka. It collaborates with global partners, integrating robotics and automation for advanced traceability and quality control.
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