Top India NEWS. Stock Market NEWS Updated Daily

Top India NEWS. Stock Market NEWS Updated Daily

This NEWS section covers current news for stock markets. To view latest news about specific stocks, please browse to the desired stock pages. Click one of the exchanges in the menu above and then use the search box to find your desired stock.

.2-bn arbitration award: Cairn, govt discuss long-term capital gains tax

Company will invest in india, but looking for ‘acceptable solution’ to tax dispute
Tag: Company India    Source: business-standard.com   Dated: 2021-02-22

Never certified any traditional medicine as a cure for Covid-19: WHO

Patanjali md acharya balkrishna said that coronil has been granted a certificate of pharmaceutical product, licensed by dcgi
Tag: Company India    Source: business-standard.com   Dated: 2021-02-22

Nifty earnings likely to grow at 24% CAGR during FY21-23: Report

Nifty earnings are likely to grow at a compound annual growth rate (cagr) of 24.2 per cent over fy21-23, said an icici direct report.
Tag: Business Markets India    Source: business-standard.com   Dated: 2021-02-21

Market cap of eight of top 10 most-valued firms tumbles over Rs 1.2 trn

Only ril and sbi emerged as gainers from the top 10 most-valued companies list
Tag: Business Markets India    Source: business-standard.com   Dated: 2021-02-21

Global trends to guide markets; indices may remain range-bound: Analysts

Markets had registered sharp gains post the union budget, but last week profit-taking was witnessed
Tag: Business Markets India    Source: business-standard.com   Dated: 2021-02-21

Elon Musk says bitcoin prices ‘seem high’ after record-breaking week

Crypto believers are dueling with skeptics: the former see an asset being embraced for its ability to hedge risks, while the latter sense a precarious mania riding atop waves of fiscal stimulus
Tag: Business Markets India    Source: business-standard.com   Dated: 2021-02-21

Record-breaking crypto rally continues as bitcoin, ether hit fresh highs

Bitcoin, the world’s most popular cryptocurrency, rose to a record ,553, taking its weekly gain to around 20%
Tag: Business Markets India    Source: business-standard.com   Dated: 2021-02-21

A year after Covid crash, pandemic losers are the new stock market winners

Travel firms and store operators rally on re-opening optimism; zoom among stay-home winners to decline from peak valuations
Tag: Business Markets India    Source: business-standard.com   Dated: 2021-02-21

India’s smartphone market set to cross Rs 2-trillion mark in 2021: IDC

The market is expected to touch unprecedented levels, both in terms of volume and value.
Tag: Company India    Source: business-standard.com   Dated: 2021-02-21

Sandes and Samvad: Two new apps govt is testing as alternative to WhatsApp

Both are meant for internal communication; no more tears and smiles as ‘gimojis’ get set to replace emojis
Tag: Company India    Source: business-standard.com   Dated: 2021-02-21

Jalan-Kalrock expects to restart Jet Airways in 4-6 months after NCLT nod

Jalan kalrock consortium, the winning bidder for jet airways, expects to restart operations of the defunct airline in four to six months after receiving approval from the nclt for its resolution plan.
Tag: Company India    Source: business-standard.com   Dated: 2021-02-21

Amara Raja starts work on lithium-ion cells, sets up tech hub at Tirupati

Amara raja batteries, the country’s second-largest automotive battery maker, has opened the country’s maiden technology hub to develop lithium-ion cells
Tag: Company India    Source: business-standard.com   Dated: 2021-02-21

Muthoot Homefin plans to disburse Rs 700 cr home loans in FY22

Muthoot homefin (india) ltd (mhil), a wholly-owned subsidiary of muthoot finance, on sunday said it plans to disburse rs 700 crore of home loans in the 2021-22 fiscal.
Tag: Company India    Source: business-standard.com   Dated: 2021-02-21

Over 90% of tech employees continue to work from home: Azim Premji

It czar azim premji on sunday said more than 90 per cent of the workforce in the technology industry of the country continue to work from home, and lauded the hybrid model of work.
Tag: Company India    Source: business-standard.com   Dated: 2021-02-21

Udaan bets big on lifestyle segment, adds 100,000 businesses in 2020

B2b e-commerce major udaan on sunday said it added about one lakh new businesses last year on the platform under its lifestyle segment under which over 230 million products were shipped.
Tag: Company India    Source: business-standard.com   Dated: 2021-02-21

Govt may consider privatising Oriental Insurance or United India: Report

To further strengthen their financial health, the government is expected to infuse rs 3,000 crore in the public sector general insurance companies during the current quarter
Tag: Company India    Source: business-standard.com   Dated: 2021-02-21

Marico expects mid-teen volume growth in next couple of quarters

Marico expects to deliver mid-teen growth in volume terms in the next couple of quarters helped by strong revival in consumer demand
Tag: Company India    Source: business-standard.com   Dated: 2021-02-21

Start-ups in edtech, logistics, gig economy to drive jobs in 2021: Report

90% of companies surveyed say they will be hiring at the same pace as pre-covid period
Tag: Company India    Source: business-standard.com   Dated: 2021-02-21

Cairn says it is looking for mutually ‘acceptable’ solution to tax dispute

‘assuming such a resolution can be achieved, we look forward to being able to move on to further opportunities to invest in india,’ says the uk company
Tag: Company India    Source: business-standard.com   Dated: 2021-02-21

Mahindra Lifespace to invest Rs 500 crore in new housing project in Pune

In an interview with pti, mahindra lifespace developers chief marketing officer viral oza said the company has launched a new housing project in pune, which has been an important market for it
Tag: Company India    Source: business-standard.com   Dated: 2021-02-21

Thomas Cook India plans to raise up to Rs 450 cr through private placement

The size of the issue is up to rs 450 crore subject to the approval of regulatory, statutory authorities and the shareholders of the company
Tag: Company India    Source: business-standard.com   Dated: 2021-02-21

Nabard plans to raise up to Rs 40,000 crore through long-term bonds

The money raised will be mostly used for rural development programmes run by the government
Tag: Finance India    Source: business-standard.com   Dated: 2021-02-21

No capital infusion by Punjab National Bank in housing finance subsidiary

Pnb housing finance ltd had informed about its plan to raise tier i capital up to rs 1,800 crore through various modes including qip, preferential issue of shares or a rights issue
Tag: Finance India    Source: business-standard.com   Dated: 2021-02-21

Heranba Industries IPO: Addressal of non-operational issues and sustained performance will be key driver for investors entry

The company plans to raise rs 625 crore from its initial public offering, of which rs 565 crore is offer for sale by founders while the balance is fresh issue of equity.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2021-02-21

Trade Setup: Staying above 15K crucial for Nifty; be highly selective

Monday’s session may have a modestly positive start to the day. the levels of 15,000 and 15,115 may act as resistance points, while support will come in at 14,900 and 14,860 levels.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2021-02-21

Day trading guide: 2 stock recommendations for Monday

Stocks-specific action was the theme last week as about half of nifty50 components faced down-ticks, while stocks like ongc, gail, ntpc and power grid rose more than 10 per cent.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2021-02-21

Bitcoin will remain useful but may not replace gold

“gold prices are headed much higher. sooner or later, people are going to realise that the move in bitcoin is more of a speculative move.”
Tag: Share Markets India    Source: indiatimes.com   Dated: 2021-02-21

Ahead of Market: 12 things that will decide stock action on Monday

Chandan taparia of motilal oswal securities said as long as the index remains below 15,150 level, it would continue to see weakness and head towards its next key support at 14,800 and 14,700 levels.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2021-02-21

3 construction stocks that may be on the road to re-rating

Analysts are of the view that headroom for further upside exists only for select shares.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2021-02-21

Market may see some correction in near term

“if the stock is up about 40-50 per cent in the last two to three weeks, take some money off the table. i think that is exactly what is happening.”
Tag: Share Markets India    Source: indiatimes.com   Dated: 2021-02-21

Government may consider Oriental Insurance or United India for privatisation

To further strengthen their financial health, the government is expected to infuse rs 3,000 crore in the public sector general insurance companies during the current quarter.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2021-02-21

Long & Short of Markets: Why is Jim Rogers saying Namaste, India? How to find a desi Tesla

Jim rogers says he’d like to choose an indian stock over tesla or alibaba at this point.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2021-02-21

FPIs pump in Rs 24,965 crore in Indian markets in February so far

According to depositories’ data, fpis pumped in rs 24,204 crore into equities and rs 761 crore in the debt segment, taking the total net investment to rs 24,965 crore during february 1-19.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2021-02-21

Tweet Buster: Can Bitcoin replace gold? And how to live with high PE

Pms fund manager basant maheshwari said over the next few decades, bitcoin has the best chance to replace gold.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2021-02-21

CPSE strategic sale: Govt makes security clearance mandatory for all bidders

The government has lined up sale of its majority stake along with management control in bpcl, air india, shipping corporation of india, container corporation of india, idbi bank, beml, pawan hans, neelachal ispat nigam in the next fiscal.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2021-02-21

ETMarkets Investors’ Guide: Is there more steam left in the PSU privatisation play?

Tag: Share Markets India    Source: indiatimes.com   Dated: 2021-02-21

TCS, 7 other companies’ market value plunges by Rs 1.2 lakh crore in a week

Ril was leading the chart followed by tcs, hdfc bank, infosys, hindustan unilever limited, hdfc, icici bank, kotak mahindra bank, sbi and bajaj finance.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2021-02-21

US is poised to beat China’s V-shaped recovery: JPMorgan

Indications of resilience in global industry, a surge in american retail spending, along with fiscal stimulus around the world, especially from the biden administration, point to higher growth in the u.s., according to projections from jpmorgan economists
Tag: Share Markets India    Source: indiatimes.com   Dated: 2021-02-21

Meme stock mania alive and well in old Robinhood restricted list

Nobody would argue that the stress caused when robinhood cut off trading in the shares was good for its clients or sentiment in general. but nor should it be assumed that everyone trading the wildest of the meme-stock names paid a steep price for it.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2021-02-21

Bubble warnings go unheeded as everyone is a buyer in stocks

While aspects of the craze — the growing obsession with penny stocks and options, primarily — are the basis for daily warnings about a bubble, bulled-up positioning is proving a sturdy backbone for the rally.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2021-02-21

A 2020 winner in Asia’s stock market is now the biggest loser

Essentially flat year-to-date, a gauge of the sector is the worst-performing in asia, lagging the region’s benchmark by eight percentage points.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2021-02-21

The week that was: PSUs shine in Budget’s afterglow; Vi suffers most in 1 year

The nifty50 and bse sensex indices fell over 1 per cent each for the week as some investors saw the opportunity to take some profits.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2021-02-21

Rising bond yields, F&O expiry, GDP data to lend cues to market this week

Analysts suggested that the reading on the nifty50 charts did not make for an optimistic reading for this week.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2021-02-21

Bitcoin and Ethereum prices ‘seem high,’ says Elon Musk

The chief executive of tesla inc, whose recent tweets have fueled the digital-currency rally, made the remark on twitter while replying to a user who said that gold was better than both bitcoin and conventional cash.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2021-02-21

No capital infusion by Punjab National Bank in housing finance subsidiary

As of december 31, 2020, punjab national bank held 32.65 per cent stake in pnb housing. pnb –as a promoter– has to remain invested in the company with a minimum requirement of 26 per cent.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2021-02-21

Thomas Cook India plans to raise up to Rs 450 crore

The company’s board has approved issuance of up to 45,00,00,000 occrps of face value of 10 each to fairbridge capital (mauritius) ltd, the promoter of the company.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2021-02-21

Oil minister Dharmendra Pradhan decodes the ‘two main reasons’ behind sky-rocketing fuel prices

He further stated, “we have continuously been urging the organisation of the petroleum exporting countries (opec) and opec plus countries that it should not happen. we hope there will be a change.”
Tag: Industry India    Source: indiatimes.com   Dated: 2021-02-21

Analysis: What do the latest forays mean for Marico & Jubilant Foodworks?

The decision to launch ‘saffola oodles’ seems to be in sync with its overall strategy to be in health and wellness products. the fast-moving consumer goods company is already present in the healthier categories of oats, breakfast meals and soya chunks.
Tag: Industry India    Source: indiatimes.com   Dated: 2021-02-21

Health, fire drive growth for insurers in January even as motor, crop suffer

Non-life insurance premium reached rs 18488.1 crore for the month against rs 17333.7 crore january of 2020. at 2.8% the gross direct premium (gdpi) growth has been much slower for the year-to-date (ytd) period for fy21, as per data released by the general
Tag: Industry India    Source: indiatimes.com   Dated: 2021-02-21

Herd immunity is ‘very difficult’ to achieve in India, says AIIMS director Randeep Guleria

Herd immunity is “very difficult” to achieve and one should not think of it in “practical terms” in india, especially in the times of “variant strains” of covid-19 and “waning immunity”, claimed aiims director randeep guleria on sunday.
Tag: Industry India    Source: indiatimes.com   Dated: 2021-02-21

Amara Raja begins work on lithium-ion cells, sets up research hub at Tirupati

Amara raja batteries, the country’s second-largest automotive battery maker, has opened the country’s maiden technology hub to develop lithium-ion cells, at its tirupati facility in andhra pradesh.
Tag: Industry India    Source: indiatimes.com   Dated: 2021-02-21

Operations at NMDC Donimalai mine to improve domestic iron ore supply: Experts

Resumption of mining operations at the donimalai mine will improve iron ore supply in the country and help ease prices of the key steel making raw material, experts say.
Tag: Industry India    Source: indiatimes.com   Dated: 2021-02-21

IWPA files Interlocutory Appeal against Andhra Pradesh discoms

The indian wind power association (iwpa) has filed an interlocutory appeal (ia) in the andhra pradesh high court against the state’s distribution companies for not having paid wind developers since march 2020.
Tag: Industry India    Source: indiatimes.com   Dated: 2021-02-21

Bengal govt reduces tax by Re 1 per litre on petrol, diesel

West bengal finance minister, amit mitra, said that despite amphan, covid-related stress and dues from the centre running into rs 77,000 crore, the state government has decided to cut petrol and diesel prices by one rupee a litre.
Tag: Industry India    Source: indiatimes.com   Dated: 2021-02-21

Jet Airways’ would-be owners push start of operations to July; pending cases indicate further delay

The consortium of london-based investor kalrock capital and gulf-based businessman murari lal jalan had in october 2020 got approval for its resolution plan to revive the grounded airline. in december, it said it wanted to resume jet’s flights in the sum
Tag: Industry India    Source: indiatimes.com   Dated: 2021-02-21

Muthoot Homefin plans to disburse Rs 700 cr home loans in FY22

The company has transferred over rs 300 crore of loan subsidy under pradhan mantri awas yojana’s credit linked subsidy scheme from national housing bank (nhb), the release said.
Tag: Industry India    Source: indiatimes.com   Dated: 2021-02-21

Max Life outpaces pvt life insurance industry in Apr-Dec, expects over 11 pc biz growth in FY21: CEO

Max life, ranked no. 4 among private players, registered a 35 per cent rise in net profit to rs 417 crore in the nine months of 2020-21. gross written premium were up by 16 per cent at rs 11,912 crore, assets under management (aum) grew by 23 per cent to r
Tag: Industry India    Source: indiatimes.com   Dated: 2021-02-21

Serum Institute says it’s prioritising domestic vaccine needs, urges countries to be patient

Tag: Industry India    Source: indiatimes.com   Dated: 2021-02-21

Marico expects mid-teen volume growth in couple of quarters

Besides, marico has a revenue target of rs 500 crore from immunity and healthy foods for 2021-22, a segment in which it has introduced several new products.
Tag: Industry India    Source: indiatimes.com   Dated: 2021-02-21

Hyderabad’s Hogwarts: India’s only magic school lets its spell linger

Set to open doors to a fresh batch this month is hyderabad’s own hogwarts, albeit without the bells and whistles of the fictional school of wizardry. soon, 20 students will walk into a crammed corner room at the potti sreeramulu telugu university in hyde
Tag: Industry India    Source: indiatimes.com   Dated: 2021-02-21

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