Page 8 - Latest News

Large-caps, financials, IT: Axis MF's Devalkar on where he sees opportunity

We remain constructive on the financial sector, particularly on high-quality private sector banks, said Shreyash Devalkar of Axis MF.

Embassy sells entire Juhu residential tower to Dinesh Thakkar for ₹711 cr

The G+7 tower at Embassy Terazza spans 63,000 sq ft of carpet area, with the company calling it India's largest single residential unit transaction

Puravankara eyes ₹5,200 cr in GDV from its maiden Delhi-NCR project

The 13.44-acre parcel has 4.57 million sq ft of saleable potential and an estimated GDV of Rs 5,200 crore, marking the developer's first foray into Delhi-NCR

Pine Labs up 7% from day's low amid block deals; MOFSL bullish on stock

Block deal alert: A combined 112 million equity shares representing 9.74 per cent of total equity of Pine Labs changed hands on the NSE and BSE till 11:34 AM on Tuesday.

Airtel adds Apple TV, Apple Arcade to ₹999+ family postpaid plans

Apple TV will provide access to the company's original series and movies, while Apple Arcade will offer access to games without ads or in-app purchases, Bharti Airtel said

IIT Bombay student suicide: Students seek reforms; family seeks CBI probe

IIT Bombay student representatives sought institutional reforms after Sahil Wakode's death, while faculty rallied behind a professor named in the FIR.

Can't run only for profit: SC seeks financial records from pvt universities

The Supreme Court has directed private universities to disclose audited accounts, fee structures, surplus investments, government benefits, staffing and grievance mechanisms as part of a review

South Korean pension fund seeks India government bond investment licence

India has been trying to draw ​more foreign capital into government bonds through easier registration, lower taxes and by targeting entry into global bond ‌indices

Grounds of arrest must be given in writing even under UAPA, says SC

The Supreme Court said arrested persons must be told the grounds of arrest in writing, even in cases under special laws such as UAPA, and ordered action against officers who fail to follow the rule

Crude oil outlook: US-Iran talks; high transit cost in focus

The global cost of carrying crude oil which used to be around 1-2 per cent of the total contract value has now faring 20-25 per cent to Asian refiners.

Transrail Lighting shares zoom 12% on 70% rise in manufacturing capacity

From its 52-week low of ₹400.65, touched last week on September 16, Transrail Lighting stock has jumped 16 per cent.

'We'll change geography of war': Iran's IRGC warns US against escalation

Meanwhile, the British military said an unknown projectile struck a tanker as it entered the Strait of Hormuz on Monday, injuring two crew members

JSW Infra hits new high, jumps 7%; stock up 56% in FY27

Thus far in September JSW Infrastructure stock has rallied over 9% even as the Nifty slipped nearly 3%.

India's prospects bright but tax rules a worry: JPMorgan CEO Jamie Dimon

JPMorgan CEO Jamie Dimon said India has strong long-term prospects but inconsistent tax rules, regulation and policy uncertainty continue to concern foreign investors

Doctors cannot evade govt service bond after subsidised PG education: HC

HC said the requirement of two years of compulsory government service was intended to ensure the availability of doctors in government hospitals and protect patients' right to life

IIT Bombay to replace ceiling fans with wall-mounted fans after suicide

Wall-mounted fans will be installed across all hostels on campus and in other utility areas across the campus

NSE IPO allotment expected today: Here's your guide to check status

The NSE IPO received a strong response from investors. Against the 8.86 crore shares offered, bids were received for around 50.40 crore shares.

India's crude import bill rises 48% to $74.8 bn in Apr-Aug amid high costs

India spent $24.4 billion more on crude in April-August despite a 0.4% fall in import volumes as prices rose in international markets amid supply concerns due to the West Asia conflict

Meesho surges 6%, nears record high; what's driving this internet stock?

Meesho targets a 25% Net Merchandise Value (NMV) compound annual growth rate (CAGR) over five years, with scale benefits expected to support margins over time.

Midcap indices have limited utility for historical comparison: Kotak report

"Several stocks from a "popular" sector can enter the index simultaneously, while sectors that are out of favour may become under-represented," the report said.