Stock Market News Updates

India’s GDP bettered expectations beyond the normal as the Q3 GDP estimate came in at 8.4% while the full year GDP estimates for FY24 came in at 7.6%. In the...

It looks like the central government is going to exceed its target for asset monetization substantially in the next fiscal year FY25. Having cut its teeth and built up pipelines,...

Walt Disney and Reliance Industries signed a binding agreement to merge their media operations in India. The deal assumes significance in the light of the Sony-Zee deal falling through. Reliance...

Bajaj Allianz Life has entered into an agreement with Satin Creditcare for extending insurance inclusion to the rural areas. Now, customers of Satin Creditcare can get loans with customised insurance...

Large Indian corporates may soon have an out-of-court insolvency resolution process. This can happen by informal discussions among stakeholders, without inviting any bids. This scheme will involve minimal level of...

India has initiated anti-dumping probe into imports of solar glass from China and Vietnam. The probe is being conducted by Directorate General of Trade Remedies (DGTR), an arm of Ministry...

Vedanta Resources, the UK based holding company of Anil Agarwal group, will sell about $1 billion worth of shares to GQG Partners via block deals. To refresh memories, GQG is...

Trade data for January 2024 came in better than expected as the Red Sea crisis had limited impact. Exports were lower on a MOM basis, but imports also fell resulting...

The Ministry of Defence has awarded a Rs2,269 crore deal with Bharat Electronics Limited (BEL) for the procurement of 11 Shakti warfare systems. This comes along with support equipment. These...

India’s virtual coal mining monopoly, Coal India Ltd, announced a 16.9% growth in net profits for Q3FY24 at Rs9,069.19 crore. This compares favourably with the net profits of Rs7,755.55 crore...

For fiscal FY24 till date, the net direct tax collections are up 20.25% yoy at Rs15.60 trillion. In short, the tax flows have already achieved 80% of the revised budget...

The RBI MPC announced the first monetary policy for 2024, keeping repo rates at 6.5%, along expected lines. This keeps the SDF rate at 6.25% and the MSF/Bank Rate at...

Oil prices edged up above $78/bbl even as investors awaited the outcome of US diplomatic efforts to diffuse the crisis in Gaza. The US is trying to work out a...

Bharti Airtel reported 54% higher net profits for Q3FY24 at Rs2,442 crore. The profit growth was driven by strong 4G and 5G customer additions. In terms of top live revenues,...

For the week ended February 02, 2024, the aggregate market cap of the ten most valuable companies on the NSE gained Rs290,268 crore. Reliance alone accounted for nearly half of...