Page 2 - Indian Markets

Harley-Davidson to Ford, foreign brands return to India with new script

Other foreign brands are also re-entering India or making fresh plans to capitalise on the opportunities the country offers

Nehal Vora reappointed MD and CEO of CDSL; SCHIL makes trading debut

Shares of CDSL last closed at Rs 1,382, up 0.25 per cent, valuing the company at Rs 28,879 crore

Buying home, investing in equal-weight index: Top personal finance stories

This week we report about the financial planning needed to buy a home and what investors must consider about equal-weight indexes

With 19 IPO filings in August, India Inc 'seizing the moment' to go public

Since July over three dozen companies from diverse sectors have filed their DRHPs

Expect India to be among our top 3 global markets in 5 yrs: Amway India MD

Direct selling major Amway expects India to be among its top three global markets in the next five years, the company's country Managing Director Rajneesh Chopra said on Monday. The company, which has invested USD 4 million (around Rs 35 crore) to set up four new research and development centres in India, is also looking to develop products to cater to Southeast Asian countries. Amway has globally started looking at the overall landscape and the lens of business in a very different way. Instead of setting financial goals only, it is moving to transformation of lives, Chopra told PTI. "We have five and a half lakh active distributors on our base right now. We have more than 2 million customers. Our goal is that 2 million moves up to 5 million over the course of the next five years," he said when asked how the company is looking ahead in India. He further said, "We aspire that India becomes one of the top three (markets for Amway globally). We have some more work to do from that ...

Daewoo forays into home appliances segment to expand share in Indian market

Korean brand Daewoo on Monday announced its foray into the kitchen and home appliances segment in India as it looks to capture a larger share of the growing Indian market. The company, which entered the domestic market last year, offers a range of LED TVs, IFP LEDTVs, Alkaline and battery inverters. It said that the company's entry into India has been met with overwhelming success, prompting the brand to accelerate journey in the domestic market and expand its product portfolio with smart kitchen and home appliances. Building on its initial success with handpicked products, the brand is now venturing into the smart kitchen and home appliances segment, aiming to capture a larger share of the growing Indian market, it said. These products are set to hit retail stores soon, Daewoo said, adding that it will launch a wide array of products including induction plates, mixers and grinders, blenders, toasters, sandwich makers, and steam irons, among others. "The small home appliance marke

Alternative investment funds: Rocket fuel for a $50 bn investment blastoff

The master key unlocks a $140 bn commitment

CAMPCO warns against misuse of membership cards to sell spurious areca nuts

The multi-state areca co-operative, Central Areca Marketing and Processing Co-operative (CAMPCO) has issued a stern notice to areca nut traders for misusing its membership cards and posing as farmers to sell spurious areca nuts to CAMPCO branches. In a statement, CAMPCO has stated that some traders, who have established good relationships with farmers, are misusing CAMPCO membership cards to pose as farmers and sell arecanut at its branches. Recently, a trader, taking advantage of a farmer's card, attempted to sell low-quality areca nuts from Burma (Myanmar) by mixing them with local areca nuts at the CAMPCO Puttur branch. Fortunately, due to the alertness and diligence of our officials, this deceit was uncovered. "In light of this incident, we earnestly request all our farmer members not to encourage any such fraudulent activities. Please ensure that your membership cards are not misused by anyone. Failing to be vigilant in this matter could lead to serious consequences for the ...

A section of Sebi staff protests, seeks Madhabi Puri Buch's resignation

Demand Buch's resignation amidst row over unprofessional work culture

Global investors, fund managers struggle to keep up as India's market grows

Part of the reason for the long-term underweight has been that many investors preferred China's cheaper and dynamic market, while entry and exit costs for funds can be high in India

India to top China among emerging markets, equities rally: Morgan Stanley

In the context of India being underweight in the average emerging markets portfolio, this is even better for foreign portfolio flows

Daikin, world's no 1 air-conditioner maker, to expand capacity in India

With its rising middle class, India is one of the world's fastest-growing markets for air conditioners, set to surpass the US to become the second-largest behind China by 2036, according to IEA

Sebi receives suggestions from stakeholders on F&O trading discussion paper

Capital markets regulator Sebi has received suggestions from around 6,000 stakeholders on the consultation paper floated on Futures & Options (F&O) trading, its chief Madhabi Puri Buch said on Thursday. In its consultation paper floated in July, the regulator proposed seven measures, including increasing minimum contract size and upfront collection of option premiums, intra-day monitoring of position limits, rationalisation of strike prices, removal of calendar spread benefit on expiry day and increase in near contract expiry margin. These measures are aimed at enhancing investor protection and promoting market stability in derivative markets. Speaking at Global Fintech Fest 2024, Buch said that the regulator has received comments from around 6,000 stakeholders on the consultation paper on the F&O segment. Also, technology has validated faster processing of such enormous amounts of feedback. Additionally, she said that the Securities and Exchange Board of India (Sebi) is ..

Share market today: Nifty consolidation, ECOS IPO, Orient Tech listing

Stock Market Today, Wednesday, Aug 28: Japanese Leading Composite Index, and Brent crude oil prices, various mainline and SME IPOs, Nifty levels and other key triggers to watch today

Medi Assist's arm acquires 100% stake in Paramount Health; stock soars 11%

Medi Assist's subsidiary has signed definitive documents for 100 per cent acquisition of Paramount Health Services & Insurance.

Share market today: Dow hits record, Nifty at 25k, Premier Energies IPO

Share Market Today, Tuesday, Aug 27: Japanese producer prices, and trade figures from Hong Kong and Thailand, Brent crude oil prices, IPOs, Nifty levels and other key triggers to watch today

Margin gains limited; earnings to align with top line: Anish Tawakley

In an interview, Tawakley advises investors entering equities now to maintain a long-term horizon

India's foreign exchange reserves rise by $4.54 billion to $674.66 billion

Gold reserves rose by $865 million during the week, while Special Drawing Rights (SDRs) increased by $60 million

Share market today: Jackson Hole, FII buying, Orient Tech IPO last day

Stock market today, August 23, 2024: Foreign Institutional Investors (FII) buy over Rs 1,300 crore, Orient Technologies IPO to close today and other key things to consider while trading on Friday

Sensex likely to surpass 117,000 by FY30-end on rapid growth: Analysis

Mcap has surged to $5 trillion from $4.2 trillion at the end of last year compared to the economic output which is estimated to reach $3.8 trillion in 2024