Category: Stocks

(Image: AFP) The new production linked incentive (PLI) scheme for manufacturers of remotely piloted aircraft (RPA) — or drones — and their components announced by the government on September 15 is in line with the Drone Rules 2021 announced in August. The PLI proposal shares the drone policy’s philosophy of giving a leg-up to the […]

Representational Image The telecom sector reforms package announced by the government will sustain telcos’ businesses, is credit positive for operators, including Airtel and Jio, and provides support for 3+1 players structure, Moody’s Investors Service said on Friday. The views come against the backdrop of a blockbuster relief package announced earlier this week for the telecom […]

The Vanguard Group Inc A/C Vanguard Total International Stock Index Fund (P8) acquired 26,59,223 equity shares in healthcare company Aster DM Healthcare at Rs 216.42 per share on the NSE, the bulk deals data showed. ‘); $ (‘#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”); […]

The WHO is currently reviewing the data submitted by the vaccine maker and the date for a decision on the jab is yet “to be confirmed,” according to the update available on WHO website. PTI September 17, 2021 / 02:08 PM IST Covaxin, Bharat Biotech Bharat Biotech on Friday said it has submitted all the […]

The city-based company has partnered with private sector HDFC Bank to provide cash back offers on the full range of iPhones, the company said in a statement on Friday. PTI September 17, 2021 / 02:31 PM IST Apple has finally unveiled the much-anticipated iPhone 11 lineup. The three new iPhones launched this year include the […]

General view of one of the world’s largest floating solar panel farms in Singapore, July 13, 2021, in this still image taken from video. (Image: Reuters) Eastern Coalfields Ltd (ECL), a subsidiary of Coal India, has commissioned a 250-kilowatt (kW) rooftop solar power project, ramping up its total installed solar rooftop capacity to 692 kW, according […]

As many as three central banks are getting ready to unveil their policy in the coming week. If that’s not enough, a dose of macro numbers, including bank credit, is in the pipeline Representational image India’s dream of becoming a $ 5 trillion economy by 2025 depends on it getting the economy off the ground. […]

It becomes the sixth IT company to have a trillion-rupee market cap. The stock has gained 58 percent in the current year so far. Healthy earnings growth, good revenue visibility, and increase in digital opportunities after COVID-19 key catalysts for the exponential growth of the Indian IT industry. Sunil Shankar Matkar September 17, 2021 / […]

It becomes the sixth IT company to have a trillion-rupee market cap. The stock has gained 58 percent in the current year so far. Healthy earnings growth, good revenue visibility, and increase in digital opportunities after COVID-19 key catalysts for the exponential growth of the Indian IT industry. Sunil Shankar Matkar September 17, 2021 / […]

BSE Midcap index fell 1.14 percent and the smallcap index closed with a loss of 1.06 percent. Market benchmarks–Sensex and Nifty–snapped their 3-day winning run on September 17 as investors booked profit after a stellar record-setting spree in the market. Sensex closed 125 points, or 0.21 percent lower at 59,015.89 while the Nifty finished at […]

Representative image (Source: ShutterStock) Edtech major Byju’s on Friday said it has partnered with NITI Aayog to provide free access to its tech-driven learning programmes for children from 112 “Aspirational districts” of the country. The project envisages establishment of a dedicated working group that will create a knowledge, innovation, and strategy support system, a statement […]

CDC Group has offloaded shares through transactions, selling 50 lakh equity shares in the company at Rs 295.47 per share on the NSE and 1 crore shares at Rs 294.52 per share on the BSE, the bulk deal data showed. IIFL Finance Ltd. ‘); $ (‘#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”); […]

This is the fourth co-lending agreement signed by the company with banks, IIFL HFL said in a release. PTI September 17, 2021 / 02:38 PM IST This public sector bank’s home loan offering figures in the list of five lowest interest rates on offer at the moment. It charges an interest rate of 6.8 percent, […]

Credit Suisse has upgraded the stock to outperform from neutral and has raised target to Rs 320 from Rs 215 per share. Zee Entertainment. ‘); $ (‘#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 = […]

Credit Suisse has upgraded the stock to outperform from neutral and has raised target to Rs 320 from Rs 215 per share. Zee Entertainment. ‘); $ (‘#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 = […]

The internal forecast is likely to intensify debate about how quickly major central banks will reverse the massive stimulus to counter the pandemic Martin Arnold in Frankfurt The European Central Bank expects to hit its elusive 2 per cent inflation target by 2025, according to unpublished internal models that suggest it is on course […]

The Indian stock market – the Nifty and Sensex – have hit fresh record high this Friday morning largely led by banking stocks. Bank Nifty in the morning session added half a percent led by Axis Bank, State Bank of India, HDFC Bank, ICICI Bank and Kotak Mahindra Bank among others. The Union Cabinet approved […]

Central excise and state VAT (Value Added Tax) make up for almost half of the retail selling price of petrol and diesel. The 45th GST Council meeting, chaired by Finance Minister Nirmala Sitharaman, to be held on September 17. (File image: Reuters) Kerala and Maharashtra governments will oppose any move to bring petrol and diesel […]

Stocks In the News: Check out the companies making the biggest headlines before the opening bell. Banks stocks in focus | The Union Cabinet approved a government guarantee of up to Rs 30,600 crore for security receipts to be issued by National Asset Reconstruction Company Ltd (NARCL). Biocon: The Board of Directors of Biocon Biologics […]

Report cites comparatively tepid growth, contained inflation and low proportion of fully vaccinated population as factors calling for accommodative monetary policy  RBI’s state of the economy report for the month of September 2021 says its economic activity index nowcasts growth for the second quarter (July-September) of 2021-22 at 7.7 per cent. The Monetary Policy Committee, […]