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System User | Indian shares set for lackluster open | Indian shares are set for a muted opening on Friday, with top private lender HDFC Bank's softer loan growth numbers likely to continue to drag financials down. The GIFT Nifty was trading at 24,340 as of 8:20 am IST, indicating the Nifty 50 will open near its Thursday's close of 24,302.15, which was an all-time closing high. | https://investmentguruindia.com/newsdetail/indian-shares-set-for-lackluster-open-hdfc-bank-in-focus608899?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | Investment Guru India | https://shrts.in/oMvrs | 2024-07-05T03:42:54.000Z | 800 | business | null | Tap to know more | Tap Here |
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System User | Gold eyes second straight weekly rise | Gold prices edged up on Friday and were set for a second straight weekly gain, while traders awaited US employment data to gauge the trajectory of the Federal Reserve's potential interest rate cuts. Spot gold rose 0.2% to $2,359.73/oz at 0204 GMT, up over 1% for the week. US gold futures fell 0.1% to $2,366.10. | https://investmentguruindia.com/newsdetail/gold-eyes-second-straight-weekly-rise-spotlight-on-us-payrolls241322?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | Investment Guru India | https://shrts.in/sn1P3 | 2024-07-05T03:36:32.000Z | 800 | business | null | Tap to know more | Tap Here |
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Shreyasi Banerjee | India expands UPI presence in Paris | India has launched the Unified Payments Interface (UPI) at Paris' historic department store Galeries Lafayette. ""This expands the acceptance of UPI in Paris after a successful launch at the iconic Eiffel Tower,"" the Indian Embassy in France said in a release. This comes days ahead of the Paris Olympics starting on July 26. | https://www.news18.com/amp/business/ahead-of-olympics-upi-expands-presence-in-paris-8954867.html?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts | News18 | https://shrts.in/wT9ED | 2024-07-05T03:18:18.000Z | 800 | world, business, technology | world, business, technology | To know which countries now accept UPI payments | Tap here |
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System User | Food services market in India to reach Rs 10 trn by 2030 | India's food services market, covering dining out and ordering in, is set to grow 10-12% annually, reaching Rs 9-10 trillion by 2030, reveals a Bain & Company and Swiggy survey. Online food delivery will grow faster at 18% CAGR, contributing 20% to the market. This growth is driven by higher incomes, digitisation, and shifting dining habits. | https://www.logisticsandscm.com/business/food-services-market-in-india-to-reach-rs-10-trn-by-2030?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | Logistics And Scm | https://shrts.in/SRCYP | 2024-07-05T03:05:51.000Z | 800 | business, national | null | Tap to know more | Tap here to read more |
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Mansi Agarwal | 80% of MF portfolio should be 'dal-chawal' funds: Radhika Gupta | Edelweiss Mutual Fund CEO Radhika Gupta said 80% of a mutual fund portfolio ""should be 'dal-chawal' funds"". Gupta stated that 'dal-chawal' funds are ""broad-based funds that are all weather and span a range of sectors"". ""Balanced advantage and aggressive hybrid types. Flexi, multi, large and mid, broad-based 250-500 index types,"" she added. | https://x.com/iRadhikaGupta/status/1808896278291505422?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts | X (formerly Twitter) | https://shrts.in/djpbd | 2024-07-04T17:31:21.000Z | 600 | business, FINANCE | business, FINANCE | 'Active or passive doesn't matter' | Tap to read what more she said |
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Daisy Mowke | No discrimination against married women at Foxconn factory, says report | A report submitted by the Regional Labour Commissioner, Chennai, stated that no evidence has been found showing discrimination against married women in employment and recruitment practices at Apple supplier Foxconn's factory. The investigation involved detailed interviews and examination of records. Earlier, a Reuters report had claimed that only unmarried women were eligible for assembly jobs. | https://www.aninews.in/news/national/general-news/no-discrimination-against-married-women-in-recruitment-practices-at-foxconn-factory-says-report20240703235246/?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts | ANI | https://shrts.in/GEB6E | 2024-07-04T17:10:20.000Z | 800 | business, national | business, national | 21 married female employees were interrogated | Tap to read more |
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Daisy Mowke | What is a multibagger stock? | Stocks that give returns that are several times their costs are called multibaggers. The prices of these stocks have risen multiple times their initial investment values. These are undervalued stocks with strong fundamentals that can act as great investment options. Multibagger stock companies are strong on corporate governance and have businesses that are scalable within a short period of time. | https://www.moneycontrol.com/news/mcminis/personal-finance/what-is-a-multibagger-stock-9233061.html?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts | Moneycontrol | https://shrts.in/yFoUX | 2024-07-04T16:55:37.000Z | 800 | EXPLAINERS, business, FINANCE | business, FINANCE | Stock that doubles its price is called 2-bagger | Tap here to read more |
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Mansi Agarwal | You've ignited a billion dreams: Adani on Team India's T20 WC win | Gautam Adani on Thursday welcomed T20 World Cup 2024-winning Team India's return to the country and said, ""You have ignited a billion dreams and etched your names in history with this triumph."" ""Your journey is an inspiration to every aspiring cricketer,"" he added. The flight carrying the team received a water cannon salute after arrival at Mumbai airport. | https://x.com/gautam_adani/status/1808862702871470224?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts | X (formerly Twitter) | https://shrts.in/U9EgW | 2024-07-04T16:54:52.000Z | 600 | business, sports | sports, business | The team first landed in Delhi | Tap to know more |
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System User | Telangana Chief Minister Revanth Reddy meets PM Modi in Delhi | Telangana CM Revanth Reddy met PM Narendra Modi to discuss vital issues. Key requests included SCCL coal blocks allocation, ITIR Hyderabad revival, defense land for infrastructure projects, fulfilling state reorganization promises, including Telangana in the India Semiconductor Mission, and sanctioning an IIM in Hyderabad. | https://www.thehawk.in/posts/telangana-cm-revanth-reddy-calls-on-pm-modi-discusses-state-issues?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | The Hawk | https://shrts.in/Mk6V9 | 2024-07-04T15:43:29.000Z | 800 | politics, business, national | null | Tap to know more | Tap to read more |
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Mansi Agarwal | LIC buys more stake in IDFC FIRST Bank for ₹1,500 crore | The Life Insurance Corporation of India (LIC) has acquired an additional stake in IDFC FIRST Bank for ₹1,500 crore through a private placement offer. The insurer has increased its stake in the bank from 0.2% to 2.68%. The number of shares owned by LIC has increased from 1.42 crore to 20.02 crore, as per an exchange filing. | https://www.ndtvprofit.com/markets/lic-acquires-additional-stake-in-idfc-first-bank?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts | NDTV Profit | https://shrts.in/F4gYb | 2024-07-04T15:23:39.000Z | 600 | business | business | The bank's shares are currently priced at ₹81.1 | Tap to know more |
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Mansi Agarwal | Bad idea to include petroleum in GST: Ex-CEA Arvind Subramanian | Ex-Chief Economic Advisor Arvind Subramanian said bringing petroleum under the GST regime would be a bad idea. It's not politically advisable to ask states to give up more sovereignty, he stated. Finance Minister Nirmala Sitharaman recently said the Centre wants to bring petrol and diesel under GST but it's up to states to come together and proceed on this. | https://www.moneycontrol.com/news/business/economy/bad-idea-to-include-petroleum-in-gst-says-former-chief-economic-advisor-arvind-subramanian-12762461.html/amp?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts | Moneycontrol | https://shrts.in/3uCKT | 2024-07-04T15:10:46.000Z | 600 | business | business | 'It's up to states to decide on the rate' | Sitharaman had said |
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Mansi Agarwal | Raymond approves demerger of real estate business | The board of Raymond Limited has approved the demerger of its real estate business to form a new entity named Raymond Realty Limited. Upon completion of the demerger, Raymond Realty will seek automatic listing on stock exchanges. Existing shareholders of Raymond Limited will get the shares in the newly listed company in a ratio of 1:1, an exchange filing stated. | https://www.ndtvprofit.com/business/raymond-approves-demerger-of-realty-arm?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts | NDTV Profit | https://shrts.in/nLcZW | 2024-07-04T14:19:46.000Z | 600 | business | business | Raymond Ltd shares are currently priced at ₹2941 | Tap to know more |
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Daisy Mowke | What is 'bait and switch' tactic that govt has warned about? | The official X handle of the Department of Consumer Affairs, Government of India has warned about 'bait and switch' tactic. 'Bait and switch' involves promoting one product or service but delivering a different one, often of lesser quality. The government warned consumers to be alert and avoid falling victim to it when making purchases. | https://x.com/jagograhakjago/status/1808395340271268262?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts | X | https://shrts.in/ZCPzd | 2024-07-04T14:16:46.000Z | 800 | EXPLAINERS, business | business | Govt also warned about 'Drip Pricing' tactic | Tap to know more |
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Mansi Agarwal | SEBI cuts ticket size for investment in debt securities to ₹10,000 | SEBI has reduced the minimum ticket size or face value of debt securities to ₹10,000 from ₹1 lakh. The regulator said market participants believe lower ticket size could encourage more retail investors to invest in the corporate bond market. The change will be subject to certain conditions like the issuer of debt security should appoint at least one merchant banker. | https://www.ndtvprofit.com/markets/sebi-cuts-ticket-size-of-debt-securities-to-rs-10000?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts | NDTV Profit | https://shrts.in/kW9q7 | 2024-07-04T13:45:29.000Z | 600 | business, FINANCE | business, FINANCE | Corporate bonds' face value was also cut in 2022 | Tap to know more |
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Mansi Agarwal | Who's Mark Kingdon, accused of earning ₹180 cr from shorting Adani shares? | Mark Elliot Kingdon is the founder of US-based investment management firm Kingdon Capital Management. He allegedly earned over ₹180 crore by shorting Adani Enterprises shares with the help of Kotak Mahindra Bank's offshore fund after the release of Hindenburg Research's report on the conglomerate. SEBI said Hindenburg shared its report with Kingdon Capital before releasing it publicly. | https://www.ndtvprofit.com/business/mark-kingdon-the-man-who-shorted-adani-enterprises?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts | NDTV Profit | https://shrts.in/WuTF2 | 2024-07-04T13:23:45.000Z | 800 | EXPLAINERS, business | business | Kotak denied colluding with Kingdon Capital | Tap to know more |
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System User | US-based software firm UKG lays off over 2,200 people | American multinational software firm UKG (Ultimate Kronos Group) laid off more than 2,200 employees in its latest round of job cuts. Last month, it was reported that the company had around 15,882 employees out of them 14% were reduced (making around 2,200 employees). The company said the UKG layoffs would help it focus on key growth areas. | https://www.latestly.com/technology/ukg-layoffs-us-based-software-firm-announces-massive-layoff-round-cuts-over-2200-jobs-as-part-of-organisational-changes-to-focus-on-growth-areas-6086177.html?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | Latestly | https://shrts.in/HsBLy | 2024-07-04T13:09:10.000Z | 800 | world, business, technology | null | Tap to know more | Tap Here To Read More |
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System User | Unbox Health: New ratings platform for packaged foods, supplements | Unbox Health, a Bangalore-based startup, launched India’s first rating platform for packaged foods and health supplements. Partnering with NABL-accredited, FSSAI-certified labs, they rigorously test products for label accuracy, toxicity, and nutritional content. Founder Arjun Anjaria emphasises transparency, providing public lab reports. The platform was launched in April 2024. | https://startuppedia.in/startup-stories/unbox-health-launches-rating-platform-for-packaged-foods-supplements-4794387?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | Startup Pedia | https://shrts.in/SsdGH | 2024-07-04T11:51:42.000Z | 800 | business, startup | null | Tap to know more | Tap here to read more |
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Mansi Agarwal | Sensex, Nifty surpass major emerging markets in 2024 | India's benchmark indices Sensex and Nifty have surpassed major emerging markets so far this year, as per Moneycontrol data. Sensex and Nifty have jumped over 10% in dollar terms, beating returns from China, Japan, Hong Kong, the UK, France and Canada's stock markets. Germany's DAX, UK's FTSE 100 and Japan's Nikkei are up over 7%, 5% and 6%, respectively. | https://www.moneycontrol.com/news/business/earnings/sensex-nifty-global-market-rally-12762151.html/amp?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts | Moneycontrol | https://shrts.in/U4DMF | 2024-07-04T11:48:22.000Z | 800 | business | business | US indices have surpassed Indian indices | Tap to know more |
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Debaroti Adhikary | CJI Chandrachud cautions SEBI after Sensex, Nifty hit record highs | Chief Justice of India DY Chandrachud told market regulator SEBI and Securities Appellate Tribunal (SAT) to exercise caution after stock markets hit record highs on Thursday. ""The more you see the surge in stock market, the greater the role...for SEBI and SAT, as institutions which will exercise caution...[and] ensure that the backbone is stable,"" he said. | https://www.outlookindia.com/amp/story/national/exercise-caution-cji-chandrachuds-message-to-sebi-amid-record-stock-market-jump?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts | Outlook India | https://shrts.in/NoeSM | 2024-07-04T11:42:06.000Z | 800 | business | business | 'SAT is referee in 'dog-eat-dog' finance world' | The CJI further said |
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Deepika Bhatt | Dior handbag made at ₹4,700 cost is sold for over ₹2 lakh: Report | Dior, a renowned French luxury fashion house, pays ₹4,778 per handbag to its suppliers, which it sells in stores for ₹2.34 lakh, as per a report. The report added that Armani's bags, sold by suppliers to the brand for ₹22,543, are priced around ₹1.62 lakh in stores. These costs exclude expenses for materials like leather and additional expenses, it added. | https://www.hindustantimes.com/lifestyle/fashion/diors-2800-bag-costs-just-57-to-make-new-investigation-reveals-luxury-brands-shocking-secrets-101720077581724-amp.html?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts | Hindustan Times | https://shrts.in/3zAyL | 2024-07-04T11:37:49.000Z | 800 | business, fashion | business, fashion | To read the full report | Tap here |
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Mansi Agarwal | Sensex doubles every 5 years, could hit 1,60,000 by 2029: Raamdeo | Market veteran Raamdeo Agrawal said Sensex doubles every five years and could hit 1,60,000 by 2029. The benchmark index breached the 80,000 mark for the first time on Wednesday, recording the fastest 10,000-point rally. Raamdeo further said there should be a state cabinet minister for capital markets with an office in Mumbai. | https://www.hindustantimes.com/business/motiwal-oswal-s-raamdeo-agrawal-predicts-when-sensex-could-hit-160000-101720084777823-amp.html?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts | Hindustan Times | https://shrts.in/rv5fG | 2024-07-04T11:18:27.000Z | 600 | business, FINANCE | business, FINANCE | Sensex ended at 80,049.6 on Thursday | Tap to know more |
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System User | FIIs stood as net buyers in equities as per July 04 data: NSDL | The FIIs as per Thursday's data were net buyers in both equity and debt segments, according to data released by the NSDL. In equity segment, the gross buying was of ₹16,500.06 crore against gross selling of ₹12,601.55 crore. Thus, FIIs stood as net buyers of ₹3,898.51 crore in equities. | https://investmentguruindia.com/newsdetail/fiis-stood-as-net-buyers-in-equities-as-per-july-04-data-nsdl127490?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | Investment Guru India | https://shrts.in/k6UYi | 2024-07-04T11:15:24.000Z | 800 | business | null | Tap to know more | Tap Here |
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System User | Sensex closes above 80,000 for first time, Nifty at 24,302 | Indian equity indices closed with slight gains on Thursday after a volatile session. Sensex and Nifty reached new all-time highs of 80,392 and 24,401 respectively, but retreated from these levels by the end of the day. At closing, Sensex was up 62 points or 0.08 percent at 80,049 and Nifty was up 15 points or 0.06 percent at 24,302. | https://investmentguruindia.com/newsdetail/sensex-closes-above-80-000-for-first-time-nifty-at-24-302403248?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | Investment Guru India | https://shrts.in/hxct9 | 2024-07-04T11:09:12.000Z | 800 | business | null | Tap to know more | Tap Here |
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System User | Recreating what already exists won't get us there: Ola CEO on Koo | As Koo shut down operations, Ola CEO Bhavish Aggarwal expressed sadness over it. Taking to X (formerly Twitter), Aggarwal wrote, ""Sad to see what happened with Koo. We need Indian social platforms but recreating what already exists won't get us there."" Koo shut down after acquisition talks with Dailyhunt failed. | https://indianstartupnews.com/news/ola-electric-ceo-bhavish-aggarwal-shares-his-viwson-koo-closure-4794211?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | Indian Startup News | https://shrts.in/6cx3g | 2024-07-04T10:35:09.000Z | 800 | business, startup | null | Tap to know more | Tap here |
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Debaroti Adhikary | Cello World shares hit all-time high after launch of ₹730-cr QIP | Shares of Cello World increased nearly 7% on Thursday to trade at ₹1,024.50, creating a new all-time high record. This comes after the company announced plans to raise up to ₹730 crore via Qualified Institutions Placement (QIP) of equity shares. The QIP, which opened on Wednesday, will offer the sale of 86.54 lakh equity shares at ₹896 apiece. | https://www.moneycontrol.com/news/business/markets/cello-world-shares-surge-to-all-time-high-after-launch-of-rs-730-crore-qip-12762002.html/amp?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts | Moneycontrol | https://shrts.in/6pQD8 | 2024-07-04T10:54:12.000Z | 600 | business, FINANCE | business, FINANCE | Cello World shares were listed in Nov 2023 | Its shares closed at ₹990.50 on Thursday |
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Daisy Mowke | Elon Musk stops contact with India over Tesla investment: Report | Elon Musk is not expected to move forward with Tesla investment in India any time soon as executives from the electric carmaker have stopped contacting officials in the country, Bloomberg reported citing sources. The report claimed that Musk's team hasn't made any further inquiries after the billionaire postponed a visit to India in April. Tesla is reportedly facing capital issues. | https://www.moneycontrol.com/news/business/companies/indias-hopes-for-tesla-investment-cool-as-elon-musk-ceases-contact-12762281.html/amp?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts | Moneycontrol | https://shrts.in/dSKHN | 2024-07-04T10:41:16.000Z | 800 | automobile, business | business, automobile | Musk announced major staff reductions in April | Tap to read more |
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Shreyasi Banerjee | China's Shein to be relaunched in India by Reliance after 4-year ban | Mukesh Ambani's Reliance Retail will launch Chinese fast fashion label Shein in India in the coming weeks, The Economic Times reported. Shein's products will reportedly be sold on Reliance's app and its offline stores. Four years ago, India banned Shein from selling products on its own app as part of a larger crackdown on Chinese apps due to border conflicts. | https://www.reuters.com/business/retail-consumer/reliance-retail-launch-shein-india-et-reports-2024-07-04/?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts | Reuters | https://shrts.in/aspn4 | 2024-07-04T10:39:46.000Z | 800 | business, fashion | business, fashion | Operational data to be stored in India: Reports | Tap to know more |
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System User | Microsoft layoffs continue, more people affected | Microsoft reportedly initiated another round of job cuts this week affecting more people. The latest round of Microsoft layoffs affected unspecified numbers of employees. The company reduced the workforce to focus on its future investment into AI and cloud computing while improving its profit margin. | https://www.latestly.com/technology/microsoft-layoffs-continue-tech-giant-reportedly-lays-off-unspecified-people-from-various-departments-and-locations-to-focus-on-future-investment-increase-profit-margin-6085623.html?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | Latestly | https://shrts.in/q9f89 | 2024-07-04T10:32:19.000Z | 800 | world, business, technology | null | Tap to know more | Tap Here To Read More |
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Mansi Agarwal | No change in Budget will be best for markets: Raamdeo Agrawal | Market veteran Raamdeo Agrawal said no changes in the upcoming Budget would be the best for stock markets. ""No change is the best thing, but they should make it more attractive for the masses, make it investor friendly,"" he stated. He added that the government should consider exempting income of up to ₹12 lakh per annum from taxes. | https://www.moneycontrol.com/news/business/budget/raamdeo-agrawal-budget-wishlist-tax-exemption-12761985.html/amp?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts | Moneycontrol | https://shrts.in/N4az3 | 2024-07-04T10:31:37.000Z | 600 | business, UNION_BUDGET | business | 'We should encourage consumption' | Tap to read what more he said |
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System User | Textile industry seeks government help against Chinese imports | The Indian textile industry, especially in Gujarat, is grappling with a significant increase in fabric imports from China. Industry leaders recently met with Union Textile Minister Giriraj Singh to seek government intervention. Sources say, Chinese manufacturers are supplying cotton-like fabrics at prices almost 50% lower than Indian producers, severely impacting the domestic textile market. | https://knnindia.co.in/news/newsdetails/sectors/textilegarmentshandicraft/textile-industry-seeks-govt-intervention-against-chinese-fabric-imports?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | Knn India | https://shrts.in/JDZhz | 2024-07-04T10:26:34.000Z | 800 | business, national | null | Tap to know more | Tap to read more |
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System User | FIIs increase stake in KEC International as company bags new order | KEC International, a construction company belonging to the RPG Group, was awarded new contracts worth ₹1,017 crore across Transmission & Distribution (T&D) and Renewables sectors. T&D business secured projects for an EPC project and tower supply in the Middle East, while Renewables business won its largest-ever order in Rajasthan. FIIs have increased stake to 12.45% from 10.90% in December 2023. | https://www.dsij.in/dsijarticledetail/rs-37000-crore-order-book-fiis-increase-stake-this-engineering-company-bags-new-solar-epc-orders-worth-rs-10170000000-39514?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | Dalal Street Investment Journal | https://shrts.in/4bVsL | 2024-07-04T10:23:33.000Z | 800 | business, FINANCE | null | Tap to know more | Tap here to know more |
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System User | Nagaland textile firm showcases indigenous crafts at Paris | A delegation from Entrepreneurs Associates Natural Food & Handicraft Enterprise (EANFER), led by Director Neikule Doulo, represented Nagaland at the prestigious Texworld exhibition in Paris from July 1-3, 2024. This biannual international trade fair focuses on fabrics, textiles, and accessories, attracting global industry professionals and highlighting innovations in sustainable textile practices. | https://knnindia.co.in/news/newsdetails/sectors/textilegarmentshandicraft/nagaland-textile-firm-showcases-indigenous-crafts-at-texworld-paris-2024?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | Knn India | https://shrts.in/6F8PW | 2024-07-04T10:21:39.000Z | 800 | world, business, national | null | Tap to know more | Tap to read more |
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System User | Genus Power Infrastructures Ltd expands presence in Maharashtra | Genus Power Infrastructures Ltd is expanding its presence in the power infrastructure and distribution sector by acquiring a stake in Maharashtra Akola Amravati Smart Metering Private Limited. This acquisition will be done through Genus Power Solutions Private Limited (GPSPL), a wholly-owned subsidiary of Genus. The deal involves GPSPL purchasing 30,000 equity shares, representing a 30% stake. | https://www.dsij.in/dsijarticledetail/rs-21000-crore-order-book-this-multibagger-smart-prepaid-meters-manufacturing-company-enters-into-spa-of-maharashtra-akola-amravati-smart-metering-pvt-ltd-39512?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | Dalal Street Investment Journal | https://shrts.in/25Zg1 | 2024-07-04T10:13:51.000Z | 800 | business, FINANCE | null | Tap to know more | Tap here to know more |
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System User | Alfa Transformers secured order for transformers from Tata group | Shares of Alfa Transformers Limited hit a 2% upper circuit at ₹91.46 on Thursday, after receiving a purchase order valued at ₹2 crore from Tata Power Northern Odisha Distribution Limited (TPNODL) for the design, manufacturing and supply of 100KVA transformers from the Bhubaneswar plant, within 120 days from the date of receipt of the order. | https://tradebrains.in/features/stock-hits-upper-circuit-after-securing-order-for-transformers-from-tata-group/?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | Trade Brains | https://shrts.in/JASCq | 2024-07-04T10:09:44.000Z | 800 | business | null | Tap to know more | Tap here |
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System User | Marco Cables received order worth ₹5.55 cr from Sham Electropower | Marco Cables & Conductors Limited engaged in the business of manufacturing and selling wires, cable wires, conductors and many more jumped 9% in the day’s trade upon receiving a new work order worth ₹5.55 crore from Sham Electropower Private Limited for the supply of LT AB Cable 3x70+16+50 sq mm. | https://tradebrains.in/features/cable-stock-jumps-9-after-company-received-order-worth-5-55-cr-from-sham-electropower/?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | Trade Brains | https://shrts.in/8Wqd2 | 2024-07-04T10:05:18.000Z | 800 | business | null | Tap to know more | Tap here |
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System User | Taneja Aerospace received an order worth over ₹14.47 cr from BEL | Taneja Aerospace & Aviation, engaged in the business of manufacturing and sale of parts to the aviation industry saw its share prices surge around 8% to an intraday high of ₹619 per share after they received an order worth over ₹14.47 cr from Bharat Electronics Limited for the modification/installation of the Aircraft SARANG system on Kamov-31 for 12 Nos. | https://tradebrains.in/features/defence-stock-jumps-8-after-receiving-an-order-from-bel-for-installation-of-sarang-system-in-aircraft/?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | Trade Brains | https://shrts.in/MNyfP | 2024-07-04T09:37:32.000Z | 800 | business | null | Tap to know more | Tap here |
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Debaroti Adhikary | Budget may hike standard deduction for salaried people to ₹1 lakh: Report | The upcoming Budget may increase the standard deduction limit for salaried individuals to ₹1 lakh from the current ₹50,000, Moneycontrol reported. Standard deduction is a flat deduction which individuals who earn salary can claim without having to submit any proof. The interim budget of 2019 had increased the limit from ₹40,000 to the current ₹50,000. | https://www.moneycontrol.com/news/business/budget/budget-2024-standard-deduction-for-salaried-individuals-may-increase-to-rs-1-lakh-12761781.html/amp?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts | Moneycontrol | https://shrts.in/ePLMn | 2024-07-04T09:37:29.000Z | 600 | business | business | Standard deduction available in both tax regimes | FM Sitharaman is set to present the Budget soon |
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Mansi Agarwal | Mazagon Dock's shares jump 18%, m-cap crosses ₹1 lakh crore | Shares of Mazagon Dock Shipbuilders jumped around 18% on Thursday to hit a 52-week high of ₹5,580. The company's market capitalisation also crossed the ₹1 lakh crore mark. Shares of the state-run shipbuilder have jumped around 145% in the past six months and rose more than 3,700% since its IPO in 2020. | https://x.com/NDTVProfitIndia/status/1808765073294250416?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts | NDTV Profit | https://shrts.in/QGp7n | 2024-07-04T09:37:09.000Z | 600 | business | business | Govt owns majority stake in Mazagon Dock | Tap to know more |
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System User | Penny stocks locked in the upper circuit on July 4 | On Thursday, benchmark indices have surged, with the Sensex up by 0.24% and the Nifty gaining 0.23%. NIFTY Bank plunged by 0.15% and FINNIFTY is down by 0.22%. In the sectoral landscape, Nifty IT, Nifty Pharma, and Nifty Auto are among the top gainers, while Nifty Financial Services, Nifty Media, and Nifty Bank are among the top losers. | https://www.dsij.in/dsijarticledetail/watch-out-for-these-penny-stocks-locked-in-the-upper-circuit-on-july-04-39518?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | Dalal Street Investment Journal | https://shrts.in/5PT1p | 2024-07-04T09:34:07.000Z | 800 | business, FINANCE | null | Tap to know more | Tap here to know more |
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System User | OYO raises ₹416.85 crore from InCred at 76% valuation cut: Report | Shark Tank India judge Ritesh Agarwal-led hospitality unicorn OYO has reportedly raised around ₹416.85 crore (or nearly $50 million) from InCred Wealth and Investment. According to media reports, the investment valued OYO at ₹19,756 crore (around $2.38 billion), marking a significant 76% decrease from its peak valuation of $10 billion. | https://indianstartupnews.com/funding/oyo-raises-rs-215-crore-from-incred-at-76-percent-valuation-cut-know-the-current-valuation-4793859?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | Indian Startup News | https://shrts.in/EUjhy | 2024-07-04T09:28:03.000Z | 800 | business, startup | null | Tap to know more | Tap here |
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System User | HDFC Bank gains ₹1.08 crore in 2 days after buying SME stock | Shares of Petro Carbon & Chemicals Ltd hit the upper circuit of 4.99%, closing at ₹347.25. In a major development, HDFC Bank acquired 1,74,400 shares at an average price of ₹285 per share in a bulk deal on July 2. Since then, the stock has consistently hit upper circuits, going up by ₹62.25 from HDFC Bank's acquisition cost. | https://www.dsij.in/dsijarticledetail/hdfc-bank-gains-rs-108-crore-in-just-two-days-after-buying-this-sme-stock-back-to-back-upper-circuit-39519-1?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | Dalal Street Investment Journal | https://shrts.in/eahuD | 2024-07-04T09:27:34.000Z | 800 | business, FINANCE | null | Tap to know more | Tap here to know more |
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Debaroti Adhikary | Pay salary or face audit; you surely have revenue: NCLT to BYJU'S | The National Company Law Tribunal (NCLT) on Thursday told BYJU'S to pay salaries or face an audit. ""You are a company that is functioning. Surely you should be having revenues,"" NCLT said while hearing a plea by employees. While the ed-tech startup has paid April and May salaries, it is yet to make February and March payments in full. | https://www.moneycontrol.com/news/business/nclt-tells-byjus-to-pay-salaries-or-face-an-audit-12762115.html/amp?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts | Moneycontrol | https://shrts.in/YvEdT | 2024-07-04T09:22:01.000Z | 800 | business, startup | startup, business | 'Pay delayed as we can't get rights issue funds' | BYJU'S had said |
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System User | Smallcap stocks in which FIIs sold shares via block deal | Share price of Dharmaj Crop Guard Limited and ideaForge Technology Limited jumped 3% to ₹309.5 and 2.5% to ₹829.5, after foreign investors Elara India Opportunities Fund and Think India Opportunities Master Fund sold 0.6% stake worth ₹6.1 crore and 0.52% worth ₹17.8 crore in the company, respectively, on June 3 via block deal. | https://tradebrains.in/features/2-smallcap-stocks-in-which-fiis-sold-shares-worth-23-9-cr/?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | Trade Brains | https://shrts.in/fvJ6b | 2024-07-04T08:51:15.000Z | 800 | business | null | Tap to know more | Tap here |
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System User | Drone Destination received BIS approval for lithium-ion batteries | Drone Destination Limited hit a 5% upper circuit in the day’s trade after its associate company Hubblefly Batteries Private Limited received BIS approval for its Lithium-ion batteries. It expects to see a cost reduction of about 10-15 percent in the battery costs for the drones, thereby positively impacting its bottom line as it grows its drone fleet. | https://tradebrains.in/features/drone-stock-hits-5-upper-circuit-after-receiving-bis-approval-for-lithium-ion-batteries/?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | Trade Brains | https://shrts.in/1gTpX | 2024-07-04T06:50:42.000Z | 800 | business | null | Tap to know more | Tap here |
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System User | Anlon Technology received order from Yamuna International Airport | Anlon Technology Solutions Ltd's shares surged 8.5% after securing a ₹4.85 crore order from Yamuna International Airport Private Limited. The contract involves designing, manufacturing, supplying, installing, testing, and commissioning a Rubber and Marking Removal Machine, including maintenance services during a 24-month warranty and defects liability period. | https://tradebrains.in/features/stock-jumps-8-5-after-receiving-order-worth-4-85-cr-from-yamuna-international-airport/?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | Trade Brains | https://shrts.in/bQR6E | 2024-07-04T09:01:02.000Z | 800 | business | null | Tap to know more | Tap here |
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System User | DII bought stake in Yatharth Hospital; stock jumps 3.2% | Yatharth Hospital, a small-cap healthcare firm, saw its share price rise by 3.2 % to ₹426.60 after ICICI Prudential Mutual Fund bought 20 lakh shares at ₹405 each. Meanwhile, Plutus Wealth Management sold 25 lakh shares at ₹405.07 each. Other key investors of the firm include HDFC Mutual Fund, Motilal Oswal Funds, Max Life Insurance, etc. | https://tradebrains.in/features/small-cap-stock-jumps-3-2-after-dii-bought-stake-in-the-company/?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | Trade Brains | https://shrts.in/dbuQ1 | 2024-07-04T08:56:48.000Z | 800 | business | null | Tap to know more | Tap here |
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System User | NBCC jumps 5% after receiving work order worth ₹36 crore from NIT | NBCC (India) Limited which is one of the largest realty CPSEs in India with operations in project management consultancy and development jumped 5% in the day’s trade upon receiving a work order worth ₹36 crore from NIT. It is for providing Project Management Consultancy services for the Supervision of Construction & Development of the incubation Centre at NIT Patna. | https://tradebrains.in/features/infra-stock-jumps-5-after-company-received-work-order-worth-36-cr-from-nit/?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | Trade Brains | https://shrts.in/ixhj2 | 2024-07-04T08:32:00.000Z | 800 | business | null | Tap to know more | Tap here |
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Debaroti Adhikary | OnePlus names Chinese executive Robin Liu as India CEO: Report | Chinese smartphone brand OnePlus has appointed its North America CEO Robin Liu to head operations in India, Moneycontrol reported. This comes as its head of offline business Samrudh Pai quit the company while its Sales Director Ranjeet Singh was moved to lead the online business. Robin was the head of sales for India from July 2020 to January 2022. | https://www.moneycontrol.com/technology/rejig-at-oneplus-india-amid-offline-boycott-woes-robin-liu-joins-as-india-ceo-article-12762017.html/amp?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts | Moneycontrol | https://shrts.in/EPS9Y | 2024-07-04T08:17:27.000Z | 600 | business, technology | technology, business | Its last Indian CEO, Nakra, quit in June 2023 | Peng succeeded Nakra, but has now quit: Report |
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System User | ICICI, HDFC, SBI change several credit card rules in July | In July, major Indian banks are updating their credit card services. SBI Card will stop rewarding government transactions on certain cards. ICICI Bank raises replacement fees, removes several service charges. Tata Neu Infinity HDFC Card offers UPI cashback, and HDFC Bank adds fees on rent payments via platforms like CRED. | https://trak.in/stories/icici-hdfc-sbi-change-credit-card-rules-in-july-check-right-away/?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | Trak.in | https://shrts.in/HhFZq | 2024-07-04T07:47:33.000Z | 800 | business | null | Tap to know more | Tap to know more |
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System User | Record sensex surge raises market stability concerns | This episode discusses the Sensex's rapid climb past 80,000 points, led by major financial institutions. Experts debate the market's quick rise and underlying risks, highlighting excessive valuations in some sectors. The focus is on cautious investment amidst political stability and the role of technology in driving stock movements, suggesting potential overvaluation concerns. | https://www.thecore.in/podcasts/the-speed-of-the-sensex-rise-is-a-worry-570626?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | The Core | https://shrts.in/qBwBV | 2024-07-04T07:37:29.000Z | 800 | business, FINANCE | null | Tap to know more | Read more |
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System User | Ashish Kacholia portfolio multibagger stock announces stock split | Aditya Vision Ltd informed that in a meeting of the Board of Directors, it announced a stock split of equity shares in the ratio of 10:1 for the first time. Aditya Vision Ltd is a service-driven electronics retailer offering from mobile phones and laptops to televisions and refrigerators. Ace investor, Ashish Kacholia owns a 1.87% stake in the company. | https://www.dsij.in/dsijarticledetail/articleid/39510/artmid/10163/preview/true?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | Dalal Street Investment Journal | https://shrts.in/M8R3k | 2024-07-04T07:31:30.000Z | 800 | business, FINANCE | null | Tap to know more | Tap here to know more |
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System User | Rupee weakens against US dollar on Thursday | Indian rupee weakened against the US dollar on Thursday, driven by elevated crude oil prices. However, foreign fund inflows into capital market, firm domestic equities, weakness in American currency overseas and US Federal Reserve's rate cut expectations, have limited further falls in rupee. | https://investmentguruindia.com/newsdetail/rupee-weakens-against-us-dollar-on-thursday470766?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | Investment Guru India | https://shrts.in/UopVp | 2024-07-04T06:42:17.000Z | 800 | business | null | Tap to know more | Tap Here |
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System User | India to create UPI-like public app for AI: IT Minister Ashwini | At the Global India AI Summit 2024, IT Minister Ashwini Vaishnaw announced plans for a UPI-like AI platform. The government aims to ensure accessible technology and combat AI-driven misinformation, as seen during the Lok Sabha Elections. The mission supports sectors like agriculture, education, and healthcare with investment in computing power and high-quality data sets for startups, etc. | https://startuppedia.in/trending/trending/india-to-create-upi-like-public-platform-for-ai-it-minister-ashwini-4793706?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | Startup Pedia | https://shrts.in/6rve4 | 2024-07-04T06:23:15.000Z | 800 | business, startup | null | Tap to know more | Tap here to read more |
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System User | Promoter looking to divest stake in ITD Cementation; falls 9% | Shares of ITD Cementation India Limited dipped by 9% to ₹521.6 on Thursday, after Promoter shareholder, Italian Thai Development Public Company Limited, is exploring a potential divestment of its stake in the company. As of March 2024 shareholding pattern, the promoter holds 8.01 crore equity shares in ITD Cementation, representing a 46.64% stake. | https://tradebrains.in/features/multibagger-infra-stock-falls-9-after-promoter-looking-to-divest-stake-in-the-company/?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | Trade Brains | https://shrts.in/XKyRk | 2024-07-04T06:10:14.000Z | 800 | business | null | Tap to know more | Tap here |
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Debaroti Adhikary | Ambey Laboratories' ₹45-crore IPO opens: Key things to know | Ambey Laboratories' ₹45-crore SME IPO is open for subscription from July 4 to July 8 at ₹65-68 per share. Investors can apply for a minimum of 2,000 equity shares (₹1.36 lakh) and its multiples thereafter. The IPO consists of a fresh issue of 62.58 lakh shares and an offer-for-sale (OFS) of 3.12 lakh shares by promoter Sarina Gupta. | https://theprint.in/ani-press-releases/ambey-laboratories-limited-ipo-opens-on-july-04-2024/2158236/?amp=&utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts | The Print | https://shrts.in/7cYTa | 2024-07-04T07:55:11.000Z | 600 | business, FINANCE | business, FINANCE | Shares traded at 50% premium in grey market | Ambey Labs makes agrochemical products |
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Debaroti Adhikary | Which stocks led Sensex's fastest 10,000-point rally to 80,000? | Sensex has recorded the fastest 10,000-point rally by going from 70,000 to 80,000 in less than 140 sessions. As per Moneycontrol, only five stocks have accounted for 50% of the rise. These are Reliance Industries, Bharti Airtel, SBI, Mahindra & Mahindra and ICICI Bank, who recorded a ₹11.85-lakh crore cumulative rise in market cap during the period. | https://www.moneycontrol.com/news/business/earnings/sensex-rally-maximum-market-capitalisation-stocks-12761968.html/amp?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts | Moneycontrol | https://shrts.in/oKyyn | 2024-07-04T07:32:02.000Z | 800 | EXPLAINERS, business, FINANCE | business, FINANCE | Sensex crossed the 70,000-mark on Dec 11, 2023 | Sensex opened at 80,321.79 on Thursday |
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System User | Vadhavan port development: Top 5 stocks to watch out for! | The Union Cabinet approved the Rs 76,220 crore greenfield Vadhavan Port project, set to become a top 10 global port. Key stocks to watch include Adani Ports, Dredging Corporation of India, Engineers India, JSW Infrastructure, and Rail Vikas Nigam. The port, developed by VPPL, will feature extensive infrastructure and a capacity of 298 MMT per annum. | https://www.logisticsandscm.com/business/vadhavan-port-development-top-5-stocks-to-watch-out-for?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | Logistics And Scm | https://shrts.in/41SNz | 2024-07-04T07:17:35.000Z | 800 | business, national | null | Tap to know more | Tap here to read more |
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Debaroti Adhikary | Which stocks are helping Sensex remain over the 80,000 mark? | The BSE Sensex remained above 80,000 for the second consecutive day on Thursday after breaching the mark on Wednesday. It was helped by the contributions of ICICI Bank, Infosys, Tata Consultancy Services (TCS), Reliance Industries, HCL Technologies, Tata Motors, NTPC and others. HCL Tech remained the top gainer on Sensex, rising 2.75%. | https://www.hindustantimes.com/business/these-stocks-are-helping-sensex-stay-above-80000mark-101720072038248-amp.html?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts | Hindustan Times | https://shrts.in/wFFTt | 2024-07-04T07:11:14.000Z | 800 | EXPLAINERS, business, FINANCE | business, FINANCE | Nifty 50 opened at 24,369.95 on Thursday | Tap to know more |
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System User | Justin Bieber charges ₹83 crore to perform at Ambani event: Report | Justin Bieber arrived in Mumbai on July 4 as he is all set to perform at the pre-wedding festivities of Anant Ambani and Radhika Merchant. Reportedly, the singer has charged ₹83 crore from the hosts to perform at the sangeet ceremony, which will be held on July 5. Adele, Drake and Lana Del Rey are also expected to perform. | https://www.freepressjournal.in/entertainment/justin-bieber-to-charge-83-crore-to-perform-at-anant-ambani-radhika-merchants-sangeet-in-mumbai-reports?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | Free Press Journal | https://shrts.in/eCuSu | 2024-07-04T07:03:21.000Z | 800 | business, entertainment | null | Tap to know more | Tap here to read the full story |
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System User | Allcargo Gati raises Rs 169.28 crore through QIP | Allcargo Gati has raised Rs 169.28 crore through a QIP, issuing shares at Rs 101 each. The funds will enhance financial stability, support growth, and be invested in technology, infrastructure, and debt reduction. ""Allcargo Gati is entering growth phase with a sharp focus on superior customer experience through digital innovation,"" Pirojshaw (Phil) Sarkari, MD & CEO, Gati Express said. | https://www.logisticsandscm.com/business/allcargo-gati-raises-rs-169-28-crore-through-qip?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | Logistics And Scm | https://shrts.in/ABHPx | 2024-07-04T06:55:53.000Z | 800 | business, national | null | Tap to know more | Tap here to read more |
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Debaroti Adhikary | Inox Wind jumps 13% over ₹900-cr capital infusion to go debt-free | Inox Wind on Thursday announced it has completed a capital infusion of ₹900 crore by its promoter Inox Wind Energy Limited to achieve a ""net debt free status"". Following this, its shares jumped around 13% to hit an intra-day high of ₹164. This marks over 15% increase from its previous close of ₹142.35. | https://www.moneycontrol.com/news/business/markets/inox-wind-skyrockets-13-on-rs-900-crore-capital-infusion-to-go-debt-free-12761983.html/amp?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts | Moneycontrol | https://shrts.in/PGtUr | 2024-07-04T06:49:25.000Z | 600 | business, FINANCE | business | Funds raised through sale of shares in May | 5% of Inox Wind's shares changed hands |
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System User | Adani Ports handled 37 MMT of cargo in June 2024 | Adani Ports and Special Economic Zone (APSEZ) reported a 12% YoY increase in cargo handled in June 2024, reaching 37 MMT. Growth was driven by container cargo (33% YoY) and liquid and gas cargo (8% YoY). Kattupalli Port achieved a record monthly volume of 1.36 MMT. For Q1 2024, APSEZ handled 109 MMT, with logistics rail volumes up 19% YoY. | https://www.logisticsandscm.com/ports-shipping/adani-ports-handled-37-mmt-of-cargo-in-june-2024?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | Logistics And Scm | https://shrts.in/D8gdk | 2024-07-04T06:39:15.000Z | 800 | business, national | null | Tap to know more | Tap here to read more |
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System User | Oriana Power received an order to set up 25 MW solar power plant | Oriana Power Limited shares rose 5% to ₹2,690 on Thursday after securing a 25MWp solar power plant project for a real estate company. The project involves underground cabling and a substation. Additionally, Oriana received a ₹13.19 crore order for a 4 MWp solar project in West Bengal's cement industry. Oriana Power provides solar energy solutions to industrial and commercial customers. | https://tradebrains.in/features/green-energy-stock-jumps-5-after-it-received-an-order-to-set-up-a-25-mw-solar-power-plant/?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | Trade Brains | https://shrts.in/vXtsw | 2024-07-04T05:52:50.000Z | 800 | business | null | Tap to know more | Tap here |
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System User | Brigade signs an agreement for residential project worth ₹1,100 cr | Brigade Enterprises Ltd's shares rose by up to 5% following a joint development agreement for a ₹1,100 crore residential project in Bangalore. The 8-acre project will feature two and three-bedroom apartments with green landscaping and modern amenities, reflecting the company's strategic investment in the city's real estate market. | https://tradebrains.in/features/realty-stock-jumps-5-after-signing-an-agreement-for-a-residential-project-worth-1100-cr/?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | Trade Brains | https://shrts.in/pXrNB | 2024-07-04T05:34:48.000Z | 800 | business | null | Tap to know more | Tap here |
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System User | JSW Infra signs concession agreement with V.O. Chidambaranar Port | Sajjan Jindal-led JSW Infrastructure has signed a concession agreement with V.O. Chidambaranar Port Authority in Tamil Nadu to develop and mechanise the North Cargo Berth-III for handling dry bulk cargo. This project will leverage JSW's capabilities and increase cargo share on the east coast, targeting a cargo-handling capacity of 300 MTPA by 2030. | https://www.logisticsandscm.com/ports-shipping/jsw-infrastructure-signs-concession-agreement-with-v-o-chidambaranar-port-authority?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | Logistics And Scm | https://shrts.in/Jk7sK | 2024-07-04T06:30:13.000Z | 800 | business, national | null | Tap to know more | Tap here to read more |
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Debaroti Adhikary | Malabar Gold initiates insolvency against Flipkart: Reports | Malabar Gold has started insolvency proceedings against Walmart-owned Flipkart Internet at the National Company Law Tribunal (NCLT) in Bengaluru, reports said. During the latest hearing on July 3, the Flipkart counsel sought additional time to submit objections in connection with the case. Malabar had filed the case in February and the tribunal had admitted the plea in April. | https://www.ndtvprofit.com/insolvency/malabar-gold-files-insolvency-case-against-walmart-owned-flipkart?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts | NDTV Profit | https://shrts.in/gy4xz | 2024-07-04T06:20:09.000Z | 600 | business, startup | startup | There is no clarity on the reason for the plea | NCLT gave Flipkart 2 weeks to file objections |
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Nidhi Sinha | What are the key points in Madhya Pradesh's ₹3.65 lakh cr budget? | BJP-led Madhya Pradesh government presented ₹3.65-lakh crore budget for 2024-25. It increased allocation for cow conservation to ₹250 crore as shelters will get ₹40/day to feed a cow. It proposed to increase MSP on wheat to ₹2,700/quintal. Every MLA would receive ₹5 lakh under e-Vidhayak Office scheme. There's no proposal to increase women's ₹1,250 monthly allowance under Ladli Behna Scheme. | https://www.freepressjournal.in/amp/bhopal/madhya-pradesh-budget-2024-25-fm-jagdish-devda-presents-budget-of-rs-365067-cr-focus-on-infra-women-tribal-welfare-no-new-tax?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts | Free Press Journal | https://shrts.in/knUZj | 2024-07-04T05:32:39.000Z | 800 | EXPLAINERS, business, national | national | MSP for paddy to increase to ₹3,100 per quintal | ₹10,000 cr allocated for developing expressways |
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Debaroti Adhikary | Brigade Enterprises to build ₹1,100 cr B'luru project, shares rise 3% | Brigade Enterprises shares rose around 3% on Thursday as the company announced plans to jointly develop a residential project in Bengaluru's Tumkur Road. The Group said the project has an estimated Gross Development Value (GDV) of about ₹1,100 crore. It will build two and three bedroom apartments as part of the project spanning across 1.2 million square feet. | https://www.moneycontrol.com/news/business/stocks/brigade-enterprises-to-develop-residential-project-in-bengaluru-shares-up-3-12761719.html/amp?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts | Moneycontrol | https://shrts.in/P2dHt | 2024-07-04T05:25:18.000Z | 600 | business, FINANCE | null | Brigade Enterprises opened at ₹1,429.65 on Thurs | Shares had closed at ₹1,367.10 on Wed |
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Debaroti Adhikary | Even Bill Gates will be obliterated if he bets against Tesla: Musk | Elon Musk said anyone who holds a short position on Tesla will be ""obliterated"" once humanoid robot Optimus is in volume production and it fully solves autonomy in its cars. ""Even Gates,"" said Musk, referring to Microsoft Co-founder Bill Gates. Musk earlier refused to support Gates' charitable work upon learning the latter bet half billion dollars on Tesla's stock falling. | https://www.hindustantimes.com/business/elon-musk-warns-bill-gates-you-will-be-obliterated-if-you-do-this-to-tesla-stock-101720061253757-amp.html?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts | Hindustan Times | https://shrts.in/7tzDq | 2024-07-04T05:04:12.000Z | 600 | business, technology | technology, business | 'Can't help charity if you bet against Tesla' | Musk had said to Gates |
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System User | IR reports 10.07% rise in freight handling in June at 135.46 MT | Indian Railways freight business boomed in June 2024. Freight loading increased 10% to 135.46 MT as compared to June 2023, which stood at 123.06 MT. This surge was driven by coal transport. Revenue also jumped 11% to Rs 14,798 crore. Indian Railways achieved loading of 60.27 MT in coal followed by 15.07 MT in iron ore, etc. | https://www.logisticsandscm.com/railways/indian-railways-reports-10-07-rise-in-freight-handling-in-june-at-135-46-mt?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | Logistics And Scm | https://shrts.in/f9tgQ | 2024-07-04T04:22:04.000Z | 800 | business, national | null | Tap to know more | Tap the link to know more |
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Anmol Sharma | Sensex, Nifty open at new record highs | The benchmark equity indices opened at new highs on Thursday. The BSE Sensex climbed 336.51 points, or 0.42%, to 80,323.30 in the opening trade, while the NSE Nifty 50 opened up 83.50 points, or 0.34%, at 24,370.00. Meanwhile, the Nifty Bank index opened at 53,357.70, up 268.45 points, or 0.51%, from its previous closing position. | https://x.com/CNBCTV18Live/status/1808708447946346761?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts | CNBC-TV18 | https://shrts.in/anpwY | 2024-07-04T04:13:43.000Z | 1,000 | business | business | Nifty Midcap 100 opened at 56,510.30 | Tap to read more |
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System User | Gold inches up after weak data fuels US rate cut bets | Gold prices drifted higher on Thursday after softer-than-expected U.S. economic data fuelled hopes that the Federal Reserve could cut interest rates as soon as September. Spot gold was up 0.3% at $2,362.10 per ounce, as of 02:00 GMT after hitting a near two-week high in the previous session. US gold futures was little changed at $2,369.80. | https://investmentguruindia.com/newsdetail/gold-inches-up-after-weak-data-fuels-us-rate-cut-bets432996?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | Investment Guru India | https://shrts.in/7T4Yf | 2024-07-04T03:55:00.000Z | 800 | business | null | Tap to know more | Tap Here |
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Debaroti Adhikary | Govt won't intervene in Airtel, Jio, Vi's tariff hike: Report | The government and the telecom regulator don't intend to intervene in telecoms' decision to increase prices, Economic Times reported citing officials. Tariffs in India are still among the cheapest in world, the officials added as per the report. This comes days after major telecoms including Airtel, Reliance Jio and Vodafone Idea (Vi) increased prices of their prepaid and postpaid plans. | https://www.hindustantimes.com/business/will-centre-intervene-in-airtel-reliance-jio-tariff-hike-not-critical-101720059842049-amp.html?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts | Hindustan Times | https://shrts.in/JNnwQ | 2024-07-04T03:36:27.000Z | 800 | business | business | Airtel, VI hiked prices by up to 21% | Jio hiked prices by up to 25% |
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System User | JNPA reports 10.6% increase in cargo handling in Q1 FY2025 | JNPA handled 16,88,145 TEUs of containers Q1 FY2025 as compared to 15,26,284 TEUs in Q1 FY2024. In June 2024, the authority handled 567,392 TEUs of containers, registering 19.11% growth as compared to 476,350 TEUs in June 2023. ""This is a testament to JNPA's efforts to reduce logistics costs and time,"" Unmesh Sharad Wagh, IRS, Chairman, JNPA, said. | https://www.logisticsandscm.com/ports-shipping/jnpa-reports-10-6-increase-in-cargo-handling-in-q1-fy2025?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | Logistics And Scm | https://shrts.in/r6np1 | 2024-07-04T03:19:36.000Z | 800 | business, national | null | Tap to know more | Tap here to read more |
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Mansi Agarwal | BSNL handicapped from competing due to no 4G, 5G services: Union | BSNL Employees Union said the operator is ""handicapped from competing with the private operators"" because it has not launched 4G and 5G services. The recent tariff hike by Jio, Airtel and Vodafone Idea was because of the lack of competition from BSNL. The union requested the government to oversee BSNL's 4G and 5G launch to protect the common people. | https://www.ptinews.com/story/business/-BSNL-unable-to-compete-with-pvt-telcos-without-4G--5G-services--check-tariff-hike-/1630237?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts | PTI | https://shrts.in/yNGVK | 2024-07-03T17:35:02.000Z | 600 | business | business | 'No reason for firms to hike tariffs so steeply' | Tap to read what more the union said |
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Mansi Agarwal | India may grant short-term PLI visas to Chinese experts: Report | India reportedly plans to grant short-term visas to Chinese technicians under the production-linked incentive (PLI) scheme. ""Visas between three and six months will be issued so that they can teach Indian workers how to use...components or machines...sourced from Beijing,"" an official told Moneycontrol. Commerce Minister Piyush Goyal recently said all PLI-related visas are being fast-tracked. | https://www.moneycontrol.com/news/business/india-may-grant-pli-led-visas-for-chinese-experts-for-only-up-to-6-months-12761272.html/amp?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts | Moneycontrol | https://shrts.in/EE8p5 | 2024-07-03T17:21:21.000Z | 600 | business | business | PLI aims to boost domestic manufacturing | Tap to read more |
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Daisy Mowke | Jeff Bezos to sell Amazon shares worth $5 billion after stock hits record high | Amazon Founder Jeff Bezos is planning to sell almost $5 billion worth of shares in the e-commerce giant, a regulatory filing showed, after its stock hit a record high. The proposed sale of 25 million shares was disclosed in a notice filed after market hours on Tuesday. The stock had hit an all-time high of $200.43 during the session. | https://www.reuters.com/business/jeff-bezos-sell-amazon-shares-worth-about-5-bln-after-stock-hits-record-high-2024-07-03/?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts | Reuters | https://shrts.in/yZPAH | 2024-07-03T16:29:36.000Z | 800 | business | business | He sold shares worth roughly $8.5 billion in Feb | Tap to read more |
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Mansi Agarwal | What is 'Project Nexus', which RBI has joined? | RBI has joined Project Nexus, an initiative by the Innovation Hub of the Bank for International Settlements. The project aims to interlink Fast Payment Systems (FPSs) of multiple jurisdictions to enable instant cross-border payments. India's UPI and FPSs of Malaysia, the Philippines, Singapore and Thailand will be interlinked through the Project Nexus. | https://indianexpress.com/article/explained/explained-economics/what-is-project-nexus-that-rbi-has-signed-up-for-9427023/lite/?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts | The Indian Express | https://shrts.in/FV57C | 2024-07-03T16:26:24.000Z | 800 | EXPLAINERS, business, technology | business, technology | Indonesia will also join the project in future | Tap to know more |
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Mansi Agarwal | Bansal Wire's ₹745 crore IPO fully subscribed on first day | Bansal Wire's ₹745 crore IPO was fully subscribed on the first day of the bidding on July 3. The issue received bids for 3.78 crore equity shares against 2.14 crore shares on offer. The retail investors' portion was subscribed 2.47 times, while the non-institutional investors' portion was subscribed 2.44 times. The price band for the IPO is ₹243-256 per share. | https://www.moneycontrol.com/news/business/ipo/bansal-wire-ipo-issue-subscribed-55-on-day-1-so-far-retail-investors-frontrunners-12761248.html/amp?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts | Moneycontrol | https://shrts.in/TQE8L | 2024-07-03T15:58:39.000Z | 600 | business, FINANCE | business, FINANCE | Bidding will close on July 5 | Tap to know more |
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Daisy Mowke | Anant Ambani, Radhika Merchant's wedding festivities begin with mameru ceremony | Anant Ambani and Radhika Merchant's wedding celebrations began with the mameru ceremony, which took place at their home Antilia in Mumbai. A video of Antilia decorated with red, pink, white and orange flowers was shared online by paparazzo Viral Bhayani. On July 2, the Ambani family held a mass wedding for approximately 50 underprivileged couples. | https://www.hindustantimes.com/trending/antilia-kicks-off-anant-ambani-radhika-merchant-wedding-festivities-with-mameru-ceremony-101720014241150-amp.html?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts | Hindustan Times | https://shrts.in/x1nLB | 2024-07-03T15:39:17.000Z | 800 | business | business | Ambanis gifted gold, cash at mass wedding | Tap to read more |
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Mansi Agarwal | Gold 2nd best-performing asset in 2024 with 12% return: Report | Gold has been the second-best-performing asset in 2024 so far, as per data from the World Gold Council. US stocks have given 15.64% returns as of June 30, followed by gold with 12.74% returns and emerging market stocks with 8.45% returns. Gold has benefitted from central bank buying, Asian investment flows, resilient consumer demand and geopolitical uncertainty, the council said. | https://www.gold.org/goldhub/research/gold-mid-year-outlook-2024?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts | World Gold Council | https://shrts.in/Ga2gn | 2024-07-03T14:26:44.000Z | 600 | business, FINANCE | business, FINANCE | 'Gold has given double-digit returns this year' | Tap to know what more the report said |
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System User | Why social media app Koo is shutting down? | Indian social media app Koo is shutting down operations after failed acquisition talks, as announced by founders Aprameya Radhakrishna and Mayank Bidawatka. Despite early successes and expansion efforts, Koo struggled to secure long-term funding and partnerships. The high costs of maintaining a social media platform and a prolonged funding winter ultimately led to the decision to shut down. | https://trak.in/stories/3-reasons-why-made-in-india-social-media-network-koo-is-shutting-down/?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | Trak.in | https://shrts.in/c9ksf | 2024-07-03T13:36:43.000Z | 800 | business | null | Tap to know more | Tap to read more |
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System User | FIIs stood as net sellers in equities as per July 03 data: NSDL | The FIIs as per Wednesday's data were net sellers in equity segment, while they were net buyers in debt segment, according to data released by the NSDL. In equity segment, the gross buying was of ₹14,544.25 crore against gross selling of ₹17,051.34 crore. Thus, FIIs stood as net sellers of ₹2,507.09 crore in equities. | https://investmentguruindia.com/newsdetail/fiis-stood-as-net-sellers-in-equities-as-per-july-03-data-nsdl320943?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | Investment Guru India | https://shrts.in/bYcmQ | 2024-07-03T12:43:21.000Z | 800 | business | null | Tap to know more | Tap Here |
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System User | How to start a fashion startup from scratch | Indian fashion is booming; the apparel segment alone will hit $105.5 billion in revenue by 2024 end. Still, only 10-15% of startups succeed. To build a successful fashion startup, identify a niche, develop a brand identity and business plan, source quality materials, establish a strong online presence, and adapt based on customer feedback. Passion and adaptability are key. | https://startuppedia.in/startup-learning/how-to-start-a-fashion-startup-from-scratch-4779747?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | Startup Pedia | https://shrts.in/E2k26 | 2024-07-03T12:36:43.000Z | 800 | business, startup | null | Tap to know more | Tap here to read more |
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Mansi Agarwal | Jay-Z backs luxury watch marketplace Wristcheck in $5 mn fundraise | Rapper Jay-Z has invested in Hong Kong-based luxury watch marketplace Wristcheck in a funding round of about $5 million. Founded by Instagram influencer Austen Chu, Wristcheck also counts Alibaba Entrepreneurs Fund, Gobi Partners GBA and K3 Ventures among its investors. The rapper is a known collector of watches from brands including Patek Philippe and Richard Mille. | https://www.instagram.com/p/C88pKT7R2ZV/?igsh=enZmN21iNTloazJo&utm_campaign=fullarticle&utm_medium=referral&img_index=1&utm_source=inshorts | Instagram | https://shrts.in/zCfdQ | 2024-07-03T12:28:31.000Z | 600 | business, entertainment | business, entertainment | Wristcheck has raised about $13.6 million so far | Tap to know more |
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System User | Zomato subsidiary withdraws NBFC licence application with RBI | Deepinder Goyal-led food delivery giant Zomato has abandoned plans to enter the non-banking financial company (NBFC) sector. The company's subsidiary, Zomato Financial Services Limited (ZFSL), has decided to voluntarily withdraw its application to operate as a non-banking financial company (NBFC). ""We do not wish to pursue the lending/credit business anymore,"" Zomato said. | https://indianstartupnews.com/news/zomato-withdraws-its-nbfc-licence-application-with-rbi-4792599?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | Indian Startup News | https://shrts.in/rximt | 2024-07-03T12:12:13.000Z | 800 | business, startup | null | Tap to know more | Tap here |
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System User | Shares below ₹100: Only buyers seen in these stocks on July 3 | Sensex Index made a new high of 80,0074.30 level on July 03, and the Nifty-50 Index made a new high of 24,309.15 today. The top mid-cap gainers were Bharat Heavy Electricals Ltd (BHEL), SJVN Ltd and Mazagon Dock Shipbuilders Ltd. In contrast, the top small-cap gainers are Kingfa Science & Technology (India) Ltd, Zen Technologies Ltd and Cochin Shipyard Ltd. | https://www.dsij.in/dsijarticledetail/articleid/39476/artmid/10163/preview/true?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | Dalal Street Investment Journal | https://shrts.in/p9Tgj | 2024-07-03T12:07:58.000Z | 800 | business, FINANCE | null | Tap to know more | Tap here to know more |
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Debaroti Adhikary | Anti-ayurveda cartel trying to destroy Patanjali: Ramdev | Yoga guru Baba Ramdev claimed that an anti-ayurveda cartel of corporates, pharmaceutical companies, intellectuals and politicians has been working against Patanjali. Speaking to Economic Times, he said, ""Patanjali denotes nationalism and self-pride which this [cartel] wants to destroy. People try to damage the reputation of Patanjali, about ayurveda and natural products."" | https://www.hindustantimes.com/business/ramdev-claims-anti-ayurveda-cartel-targeting-patanjali-destroying-nationalism-which-we-denote-101720002174967-amp.html?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts | Hindustan Times | https://shrts.in/XWYtJ | 2024-07-03T11:56:35.000Z | 600 | business | business | 'Our R&D set up better than Hindustan Unilever' | Said Ramdev amid Patanjali's misleading ads case |
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System User | Commerce Ministry to launch portal for addressing NTBs | The Indian Commerce Ministry is creating an online platform for exporters to report non-tariff barriers (NTBs) they face in international markets. This initiative aims to close the information gap, especially for smaller export items, and facilitate the resolution of these barriers. | https://knnindia.co.in/news/newsdetails/sectors/exportimports/commerce-ministry-to-launch-portal-for-addressing-non-tariff-barriers?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | Knn India | https://shrts.in/kSVru | 2024-07-03T10:01:46.000Z | 800 | business, national | null | Tap to know more | Tap to read more |
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System User | Atmastco receives order worth ₹55 crore from Megha Engineering | Shares of Atmastco Limited hit a 5% upper circuit after receiving a ₹55 crore purchase order from Megha Engineering & Infrastructures Ltd. The order involves the supply and fabrication of a warehouse structure for Indian Oil Corporation Limited's Polypropylene Unit at the Gujarat refinery. | https://tradebrains.in/features/multibagger-stock-hits-5-upper-circuit-after-receiving-order-worth-55-cr-from-megha-engineering/?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | Trade Brains | https://shrts.in/JTwKc | 2024-07-03T10:00:05.000Z | 800 | business | null | Tap to know more | Tap here |
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System User | Tiger Logistics (India) Ltd shares hit a 5% upper circuit today | On Wednesday, shares of Tiger Logistics (India) Ltd hit a 5% upper circuit to an intraday high of ₹38.26 per share from its previous closing of Rs 36.44. The stock’s 52-week high is ₹87 and 52-week low is ₹34.40. Tiger Logistics (India) Limited, a BSE-listed international logistics company with over 24+ years of experience, announced the launch of FreightJar 2.0. | https://www.dsij.in/dsijarticledetail/articleid/39472/artmid/10163/preview/true?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | Dalal Street Investment Journal | https://shrts.in/VgEaK | 2024-07-03T09:58:58.000Z | 800 | business | null | Tap to know more | Tap here to know more |
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System User | India's power demand projected to exceed 400 GW by 2032 | India's peak power demand is expected to exceed 400 gigawatts (GW) by 2031-32, surpassing previous projections, according to Power Secretary Pankaj Agarwal. Speaking at the CII-Smart Metering Conference, Agarwal highlighted that peak power demand reached 250 GW in May and is projected to touch 384 GW and potentially exceed 400 GW by 2031-32. | https://knnindia.co.in/news/newsdetails/sectors/energy/indias-power-demand-projected-to-exceed-400-gw-by-2032?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | Knn India | https://shrts.in/kVsnY | 2024-07-03T09:58:11.000Z | 800 | business, national | null | Tap to know more | Tap to read more |
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System User | Taiwan demands China release seized fishing vessel, crew | Taiwan's Coast Guard demands China explain the seizure of the Da Jin Man No 88 fishing vessel and release its crew. The vessel, with six crew members, was intercepted 20 km from Fujian Province by the Chinese coast guard due to a fishing ban. Despite Taiwan's intervention, the vessel was taken to Fujian's Port of Weitou. | https://www.thehawk.in/posts/taiwan-demands-immediate-release-of-fishing-vessel-6-crew-members-held-by-china?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | The Hawk | https://shrts.in/QCgVd | 2024-07-03T09:40:26.000Z | 800 | politics, world, business | null | Tap to know more | Tap to read more |
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System User | Moschip Technologies announces partnership with C-DAC; jumps 5% | Moschip Technologies Ltd opened trading at ₹289.35, a 5% circuit from its previous close. It partnered with C-DAC and Socio next Inc. to develop Computing Processor SoC using Arm architecture and TSMC's 5nm technology. This collaboration aims to create an indigenous HPC Processor AUM, leveraging the Arm Neoverse V2 CPU platform and advanced packaging technology for enhanced competitive advantage. | https://tradebrains.in/features/semiconductor-stock-hits-5-upper-circuit-after-announcing-partnership-with-c-dac/?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle | Trade Brains | https://shrts.in/UAR5e | 2024-07-03T09:36:10.000Z | 800 | business | null | Tap to know more | Tap here |
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