Category: Stocks

HDFC on April 4 said its board had approved merger into HDFC Bank expected by the second or third quarter of FY24. ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] = 0){ $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); //$ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); $ (‘#gainlosstxt_’+articleId).find(“.arw_red”).removeClass(“arw_red”).addClass(“arw_green”); }else if(resData[stkKey][‘percentchange’] 0) { var resStr=”; var url = ‘//www.moneycontrol.com/mccode/common/saveWatchlist.php’; $ […]

HDFC Chairman Deepak Paresh addressed a press conference on the merger. India’s largest private lender HDFC Bank’s $ 40 billion acquisition of its biggest shareholder could face regulatory hurdles due to the stake it would give the bank in the insurance sector, analysts said. Sources told Reuters last year that the Reserve Bank of India, which […]

3i Infotech told BSE it secured a cloud transformation deal for its NuRe platform from one of the “large commercial banks” in the Asia-Pacific region Sunil Shankar Matkar April 05, 2022 / 04:13 PM IST 3i Infotech ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] = 0){ $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); […]

On the sectoral front, auto, FMCG and power indices rose 1-3 percent, while bank index was down 1 percent. BSE midcap and smallcap indices added 1 percent each. Indian benchmark indices snapped a two-day winning momentum and ended lower in the volatile session on April 5 with the Nifty finishing below the 18,000 level. At […]

Representative image A bipartisan group of American lawmakers has sought the help of the Biden administration in restricting the international trade and sale of Russian-origin diamonds, in view of the massive sanctions that the US and its European allies have imposed on Moscow. In a letter to Secretary of State Tony Blinken and Treasury Secretary […]

The final holding of SBI Mutual Fund, on closing of March 2022, was more than 8.94 crore equity shares, which is 9.22 percent of paid up equity capital of the company. Representative Image ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] = 0){ $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); //$ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); $ (‘#gainlosstxt_’+articleId).find(“.arw_red”).removeClass(“arw_red”).addClass(“arw_green”); […]

Kacholia bought 20.42 lakh equity shares in the company against none in the previous quarter Stock Market Today: ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] = 0){ $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); //$ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); $ (‘#gainlosstxt_’+articleId).find(“.arw_red”).removeClass(“arw_red”).addClass(“arw_green”); }else if(resData[stkKey][‘percentchange’] 0) { var resStr=”; var url = ‘//www.moneycontrol.com/mccode/common/saveWatchlist.php’; $ .get( “//www.moneycontrol.com/mccode/common/rhsdata.html”, function( data […]

A memorandum of understanding has been signed between the two parties under which EV charging stations will be installed at eight delivered projects of Signature Global with the help of EVRE, as a first step, the two companies said in a joint statement. PTI April 05, 2022 / 01:40 PM IST Image: Shutterstock Electric vehicle […]

NRAI alleged that the commissions that are charged from restaurants are “unviable” and “are to the tune of 20 percent to 30 percent, which are extremely exorbitant”. Zomato | Competition Commission of India orders investigation against online food delivery platforms Zomato and Bundl Technologies, the operator of Swiggy, into some of their conduct following a […]

The share touched a 52-week high of Rs 4,045.50 and a 52-week low of Rs 3,004.80 on 18 January, 2022 and 03 May, 2021, respectively. News18 April 05, 2022 / 10:13 AM IST Tata Consultancy Services ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] = 0){ $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); //$ […]

Around 6,75,000 monocrystalline PV modules were used in this installation and it will produce 387 million units of energy per year, according to a statement. PTI April 05, 2022 / 12:36 PM IST Touted by the authorities as the “world’s largest floating hydro-solar farm”, the Sirindhorn dam project in the northeastern province of Ubon Ratchathani […]

Stocks In the News: Check out the companies making headlines before the opening bell. Zomato | Competition Commission of India orders investigation against online food delivery platforms Zomato and Bundl Technologies, the operator of Swiggy, for some of their conduct following a complaint filed by National Restaurant Association of India that alleged contravention of rules […]

HDFC Bank will merge with HDFC to create financial services giant India’s biggest private lender will merge with its parent, the country’s largest mortgage financier, in a $ 40 billion all-stock deal to create a $ 160 billion financial services behemoth, subject to regulatory approvals. HDFC Investments and HDFC Holdings, wholly owned subsidiaries of HDFC, […]

Sanjay Sapre Franklin Templeton Mutual Fund on Monday said its six shut debt schemes have Rs 231.13 crore of cash available for distribution to unitholders of the schemes. So far, the fund house has distributed Rs 26,098 crore to the investors across the six schemes, amounting to 103.50 per cent of the asset under management […]

Dr. Guruswami Ravichandran Jio Institute, a higher education institute set up as a philanthropic initiativeby Reliance Industries Ltd. and Reliance Foundation, said on April 4 it has appointed Prof Guruswami Ravichandran from California Institute of Technology (Caltech) as the Provost to further strengthen its academic leadership. Ravichandran will join the institute as its founding Provost and Professor of Engineering on July 1, […]

In the first phase, flight services will be started on Dibrugarh-Pasighat, Dibrugarh-Tezu and Dibrugarh-Ziro routes, Alliance Air’s Dibrugarh station manager Narsing Rao Meesala said. PTI April 04, 2022 / 06:54 PM IST Regional carrier Alliance Air said on Monday that it will soon launch flight services connecting Assam’s Dibrugarh with five towns in Arunachal Pradesh. In […]

The trade deficit in March 2022 was $ 18.69 billion, while it was $ 192.41 billion during entire 2021-22. PTI April 04, 2022 / 07:14 PM IST Representational Image. Source: Reuters India’s trade deficit rose 87.5 percent to $ 192.41 billion in 2021-22 as against $ 102.63 billion in the previous year, the government data showed […]

The S&P 500 rose 2.1 points, or 0.05 percent, at the open to 4547.97?, while the Nasdaq Composite rose 42.9 points, or 0.30 percent, to 14304.351 at the opening bell. Reuters April 04, 2022 / 07:42 PM IST Representative Image The S&P 500 and the Nasdaq opened higher on Monday as a jump in the […]

Leading multiplex operators Inox Leisure and PVR, which had announced their merger last month, have a combined pipeline of 2,000 screens and aim to double this size in next seven years, entailing an investment of Rs 4,000 crore. The merged entity would invest capex of Rs 2.5 crore per screen as part of their expansion, […]