UTILIZATION
Government notifies additional provisions in Telecom Act 2023 The government has notified new sections of the Telecommunications Act focusing on spectrum utilization and regulatory appointments. The Act aims to enhance efficiency through methods like sharing and trading of spectrum.
05 Jul, 2024, 09.09 PM ISTIndia asks utilities to order $33 billion in equipment this year to boost coal power output India's government plans a $33 billion equipment order to accelerate coal-fired power capacity additions amid soaring electricity demand. Major firms like NTPC and Adani Power are expected to lead tendering, aiming to add 31 GW in 5-6 years. The mov...
03 Jul, 2024, 02.47 PM ISTFinancials & utilities are the cheapest sectors; IT overpriced: Neelkanth Mishra Neelkanth Mishra highlights undervalued financial and utility sectors compared to the overpriced IT sector. The Budget is expected to focus on rural support and fiscal prudence, with emphasis on Viksit Bharat 2047 initiatives. However, GDP growth ma...
03 Jul, 2024, 08.00 AM IST- ADVERTISEMENT
Maruti Suzuki sales rise 12 pc to 1,79,228 units in June Maruti Suzuki India reported a 12% increase in total wholesales for June, reaching 1,79,228 units compared to 1,59,418 units last year. Domestic passenger vehicle sales rose by 3% to 1,37,160 units. Export sales surged to 31,033 units from 19,770 un...
01 Jul, 2024, 03.15 PM ISTHDFC Bank credit card charges, term: 9 major changes you should know about01 Jul, 2024, 01.53 PM IST HDFC Bank credit card charges, rules to change from August 1, 2024: Know about new late payment fee, bill payment rules HDFC Bank announced major revisions to its credit cardholders about terms and charges. The following changes to your HDFC Bank credit card charges will come into effect on August 1, 2024.
27 Jun, 2024, 05.05 PM ISTNervous investors tear up ESG playbooks in election supercycle In 2024, global elections spark an anti-green trend affecting ESG investments. Marine Le Pen and Trump's influence reshape the environmental landscape. Utility stocks gain prominence amidst shifting policies and investor sentiments.
26 Jun, 2024, 08.10 AM ISTHolding company stocks rally up to 20%. Here’s why Shares of holding companies like Bombay Burmah, Tata Investments, JSW Holdings and TVS Holdings rallied up to 20% on BSE on Monday as the Securities and Exchange Board of India (Sebi) introduced special call auctions with no price bands for price d...
24 Jun, 2024, 09.19 PM ISTPassenger vehicle sales to see 3-5 pc growth this fiscal: Report Passenger vehicle sales are expected to grow moderately at 3-5% in the current financial year due to a high-base effect of FY24, shrinking order book, and subdued demand for entry-level variants. Electric car sales in the PV segment may reach 1.30-1...
24 Jun, 2024, 01.50 PM ISTSpecial call auctions to aid holding companies price discovery, narrow discounts Sebi introduces special call auctions for price discovery of holding companies, narrowing the market-book value gap. Stocks like Kalyani Investment trade at 60-85% discount to book value.
22 Jun, 2024, 09.35 AM ISTAs unrelenting heat wave makes power demand spike, utilities told to be on high alert The ministry's statement highlighted that the northern region has faced high electricity demand since May 17, 2024, due to the heatwave. Despite these tough conditions, the highest-ever peak demand of 89 GW in the northern region was successfully me...
18 Jun, 2024, 09.56 PM ISTS&P 500, Nasdaq close slightly down ahead of US payrolls data The S&P 500 and Nasdaq composite dipped from record highs ahead of key labor market data. Nvidia fell, while utilities and industrials dragged the S&P 500 lower. Investors await the U.S. nonfarm payrolls report, which may influence Federal Reserve d...
07 Jun, 2024, 08.16 AM ISTThe unexpected boon for the otherwise boring industrial products from AI boom Stocks in the utility space are no longer the sedate ones that are reserved for defensive investors seeking steady returns. They have now caught the fancy of momentum investors and traders. With the successful spinning of the AI story to the power a...
02 Jun, 2024, 01.14 PM ISTPassenger vehicle wholesales in slow lane in May due to high base effect, elections Passenger vehicle wholesales in India grew marginally in May due to the high base effect and muted demand during the general elections. Maruti Suzuki, Hyundai, Tata Motors, Mahindra & Mahindra, Toyota Kirloskar Motor, Kia India, and MG Motor India a...
01 Jun, 2024, 06.00 PM ISTThis meme coin is aiming for the moon – Dogeverse presale ends in three Days amid 100x price predictions Dogeverse is gearing up for its highly anticipated launch, with analysts predicting a 100x or more increase in value. Investors have a limited time to participate in the presale, offering $DOGEVERSE tokens at a discounted price.
31 May, 2024, 04.09 PM ISTIs this the next big meme coin? P2E token PlayDoge launches presale & raises $250K PlayDoge ($PLAY) presale raises over $250K, combining P2E and meme coins with a Tamagotchi game reboot.
31 May, 2024, 03.20 PM ISTDogeverse price prediction: Could this meme coin explode? Dogeverse is wrapping up a hot presale, raising over $15 million. Investors have a final chance to buy $DOGEVERSE, a new meme coin with price predictions for 2024-2030.
30 May, 2024, 11.08 AM ISTGAIL hires LNG ship from CoolCo GAIL (India) Ltd has contracted a newbuild LNG carrier from NYSE-listed Cool Company for 14 years, enhancing its transportation capacity to meet India's rising gas needs. The agreement includes partnerships with Sabine Pass Liquefaction LLC and Cove...
18 May, 2024, 11.43 AM ISTPSUs in these 5 sectors have a long growth runway: Siddhartha Khemka Siddhartha Khemka of MOFSL highlights the value of PSUs like Bharat Electronics and discusses various trends including Zomato, urban and rural consumption, two-wheeler sector, shipyard names, Vodafone, and Bharti Airtel. Khemka further says: "Among ...
15 May, 2024, 09.58 AM ISTIncome tax filing: 3 updated utilities available for filing this ITR form for AY 2024-25; find out which one works best for you Income tax filing: Are you an individual or Hindu Unidivided Family who have income from business or profession and do not want to opt for presumptive taxation scheme? Then you may need to file ITR-3. To help you file ITR-3 easily, the income tax de...
11 May, 2024, 03.46 PM IST