Share market and trading News

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/6uGK3Ey

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/muUBaCG

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Gy5slCQ

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/zycK7DG

The production linked incentive (PLI) schemes have garnered investments of Rs 1.46 lakh crore till August, with projections to reach Rs 2 lakh crore soon. This initiative has boosted production, sales, and employment in key sectors such as electronics and pharmaceuticals. Commerce Minister Piyush Goyal held discussions with industry leaders for further enhancements. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Ksh6DLn

Eight of the top-10 most valued companies saw a combined market valuation increase of Rs 1,21,270.83 crore last week, driven primarily by Reliance Industries. This surge paralleled a significant rally in benchmark equity indices. In contrast, ICICI Bank and Hindustan Unilever faced declines in their market valuations. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/J6oIkcM

L&T Semiconductor Technologies plans to manufacture its designed semiconductor products within two years, aiming to establish chip manufacturing plants after reaching a revenue threshold of USD 50 million to USD 1 billion. Currently, they are forming teams for about 15 different products and have signed an agreement with IBM for advanced processor design. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/0VTAJjO

Indian equities attracted Rs 57,359 crore from foreign investors in September, the highest in nine months. The surge is largely due to the US Federal Reserve's rate cut. Experts predict sustained strong FPI inflows, supported by global interest rate easing and India's robust economic fundamentals. Key decisions by the RBI will be crucial for maintaining this momentum. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/91x3rDj

Yes Bank CEO Prashant Kumar foresees high retail stress in the September quarter, attributing it to aggressive unsecured lending. Lending has since slowed, and collections have been strengthened. Investments in the Rural Infrastructure Development Fund affected profitability, but no more funds are required. The bank plans to expand its deposit base by increasing branch networks. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/zAMuNQS

New-age tech IPOs are benefiting from bullish stock market sentiments after a three-year lull. This year has seen nearly Rs 15,000 crore raised through IPOs, the best since 2021. Six startups including Ola Electric and FirstCry have gone public, raising a combined Rs 14,571 crore. A slew of startups like Zepto and PhysicsWallah are eyeing market debut in the coming year. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/nadzjKi

The Centre has raised minimum wage rates for unorganised sector workers through a revision of the variable dearness allowance. Effective from Oct 1, these new rates are categorised by skill levels and geographical areas. This move is intended to help workers cope with increasing living costs. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/lj3dha0

The ministerial panel on GST rationalisation has discussed proposals for adjusting rates on over 100 items and merging the 12% and 18% slabs. The fitment committee will analyse the impact, potentially reducing rates for common goods and increasing them for luxury items. Further discussions are scheduled in Delhi later this month. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/MxvsmYR

Sebi will address the retail speculation in futures and options trading during its board meeting on September 30 while considering stricter rules and margining systems. Additionally, the board might approve a new hybrid investment product for wealthy investors and specific regulations for passive-only fund houses, following extensive feedback on proposed changes. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/VyGQ8JN

BP plc is amplifying its commitment to India by hosting its full board meeting in the country. This visit aligns with Indian firms seeking partnerships for offshore projects. BP's technical expertise and ongoing ventures, including a stake in Reliance's KG-D6 block, make it an ideal partner for these initiatives. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/ctO7X4Q

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/FvbcBOm

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/MgJcrhk

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/ZjNu84o

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/wvs4gdu

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/FyABe4b

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/7nLR2y1

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2slvZm3

Travelers at several Indian airports are facing lounge access disruptions as Dreamfolks Services Ltd has abruptly suspended its services. Adani Airport Holdings Ltd is working with banks to restore these services quickly. Meanwhile, lounges at Adani-operated airports are accepting major debit and credit cards from other providers. AAHL manages seven airports, soon adding Navi Mumbai International Airport. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/vR7XTx1

Vodafone Idea has awarded contracts worth Rs 30,000 crore to Nokia, Ericsson, and Samsung for network equipment over the next three years. This move is part of a larger Rs 55,000 crore capital expenditure plan aimed at expanding 4G coverage and enhancing capacity. The company seeks to improve customer experience and support data growth. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/4c9qJEg

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Ktlb81O

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3ZqRpxl

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/bMEXPkp

Reacting to a steep fall in exports, the Indian government has implemented several measures aimed at easing shipping challenges. Commerce Minister Piyush Goyal announced steps like acquiring vessels, waiving fees, and boosting container handling capacity. The initiatives are designed to lower freight rates and expedite port processes for exporters. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/0XxLqRT

Indian refiners are using their substantial consumption to negotiate better terms for next year's contracts with suppliers, particularly Russia. With India's oil demand growing despite global forecasts being lowered, they aim to secure discounts and favorable conditions in a subdued market. Talks among Indian refiners and Russian suppliers are ongoing. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/otnbgM7

Indian fuel retailers are holding off on reducing petrol and diesel prices despite cheaper crude oil, citing market volatility. They prefer stable conditions before making any changes. Recently, oil prices fluctuated between $70 and $75 per barrel due to global economic factors and US interest rate cuts, impacting pricing decisions. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/DkT6RXb

EY Restructuring has resigned from advising Pankaj Srivastava, the NCLT-appointed internal resolution professional at Byju's. This development follows BDO’s resignation as Byju’s auditor earlier this month. Srivastava is currently inviting lenders, employees, vendors, and government entities to claim unpaid dues. Representatives from the IRP, EY, and Byju’s have not responded to queries. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/deNIyOF

The US Federal Reserve has lowered interest rates by 50 basis points, marking its first cut in over four years. This action is likely to increase foreign investment in India, influence the Indian Rupee, and benefit sectors like IT and consumer goods. The RBI's response will be key to maintaining financial stability. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/ZKI19y8

Federal Reserve Governor Michelle Bowman dissented on an interest-rate decision for the first time since 2005, opposing a 50 basis point cut in favor of a quarter-point reduction. Her stance reflects concerns about easing too quickly and highlights ongoing internal debates within the Fed over monetary policy amidst economic challenges. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2pl1LTu

The National Financial Reporting Authority (NFRA) has suggested updating an outdated accounting standard to align with global norms, focusing on listed private companies. This proposal aims to safeguard investors by addressing multiple accounting lapses. Despite resistance from auditors, NFRA stresses the importance of modern standards given today's complex financial systems and increasing retail investor participation. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/v5qlSMT

Subhadra Yojana in Odisha provides women with Rs 10,000 annually in Central Bank Digital Currency (CBDC). Launched by PM Narendra Modi, the scheme ensures direct deposits into beneficiaries' bank accounts without intermediaries. Linked to RBI's digital currency pilot, the digital rupee can be spent using UPI QR codes or transferred to bank accounts. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/H6K7NRr

Snap Inc introduced its fifth-generation AR spectacles at the Snap Partner Summit in Los Angeles. These lightweight glasses feature a new OS, hand gesture controls, and virtual console capabilities. Initially available to developers for $99 monthly, they promise advanced AR experiences with partnerships including OpenAI, Lego Games, and Niantic. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/lfyXDs8

Freight rates at Indian ports have increased by nearly 70% year-on-year in August due to global shipping disruptions and sustained demand. This rise, following a two-year hiatus, is anticipated to raise costs for Indian companies with international exposure. Contributing factors include geopolitical tensions and container shortages. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/cGbUvXg

Baba Kalyani, chairman of Bharat Forge, disputes his brother Gaurishankar's claims regarding their late mother Sulochana's will. Gaurishankar alleges Baba coerced her into making a favorable 2012 will. The Pune civil court must now assess the validity of both the 2012 and 2022 wills to settle the inheritance dispute. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/dSsraNk

Boeing plans to freeze hiring, reduce travel, and potentially implement temporary layoffs amid a factory workers' strike. The company is facing financial challenges and aims to cut costs. Approximately 33,000 workers are striking after rejecting an offer with pay raises, demanding higher increases and the restoration of bonuses. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/antkmYv

Kenya Electricity Transmission has awarded Adani Group and Africa50 a public-private partnership to construct high-voltage power lines worth $1.3 billion without needing loans. However, many Kenyans are angered by another proposal granting Adani Group a 30-year concession to manage the country's largest airport, leading to protests from aviation workers. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/l2TG1Ss

A legal battle among PRS 'Biki' Oberoi's children has reached the Delhi high court, which issued an interim order to prevent share transfers in EIH and its holding companies. The dispute involves control over substantial holdings in EIH and a family villa, with allegations that some family members are obstructing the execution of PRS Oberoi's will. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/mKsa0Wb

Baba Kalyani and his younger brother Gaurishankar are engaged in a legal dispute over their late mother Sulochana's will. Baba seeks to probate a 2012 will, while Gaurishankar presents another from 2022. The case involves significant assets, including properties and shares in the Kalyani Group, with a court hearing expected next month. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/roOLNEV

Rajasthan Chief Minister Bhajan Lal Sharma has returned from a productive six-day tour of Japan and South Korea. The trip was part of preparations for the Rising Rajasthan Global Investment Summit 2024. The visit aims to attract significant investments, boosting the state's economy and employment, especially in tourism. Effective implementation of MOUs is also assured. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/hjgWNtS

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Oz0urhE

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/FU8aOWd

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/MuQZA5U

Mahindra & Mahindra and Tata Motors have lauded the PM e-drive scheme designed to enhance electric vehicle adoption in India. The Union Cabinet has sanctioned two schemes worth Rs 14,335 crore for promoting EVs such as buses, ambulances, and trucks. Key industry figures anticipate that this move will expedite India's progress towards sustainable transportation. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/1sridTW

Swiss authorities have frozen over $310 million across six bank accounts connected to the Adani Group as part of a money laundering and securities forgery investigation. Initiated in 2021, the probe has uncovered financial practices involving offshore entities. Recent allegations against SEBI chairperson Madhabi Puri Buch have reignited the controversy. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/bycjqzd

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/aW1CI7w

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/97fPTwJ

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/1qDeNj4