Amid a stalemate in the Maha Vikas Aghadi (MVA) over seat-sharing for the upcoming Maharashtra assembly polls, allies Congress and Shiv Sena (UBT) met with Nationalist Congress Party (Sharad Pawar faction) chief Sharad Pawar on Sunday. Deliberations aimed at finalising a seat-sharing deal are expected to conclude in the next day or two, according to
In a scathing attack on the Jharkhand Mukti Morcha (JMM) government, BJP Jharkhand president and Dhanwar constituency candidate, Babulal Marandi, accused the JMM of widespread corruption and exploitation of the state’s resources over the last five years. “There will be a transformation in Jharkhand. The JMM government has done nothing but loot the state over
Adani-owned Ambuja Cements on Tuesday announced that it has signed a binding agreement for the acquisition of Orient Cement Ltd (OCL) at an equity value of Rs 8,100 crore. Ambuja will acquire 46.8 per cent shares of OCL from its current promoters and certain public shareholders and the acquisition will be fully funded through internal
Go to Live UpdatesQ2 Earnings 2024 Live Updates: The fiscal second quarter earnings season is in full swing now with many major firms and all of the IT services giants having released their Q2 results. Firms like Tata Consultancy Services (TCS), HCL Technologies, Infosys, Wipro, Tech Mahindra, Reliance Industries, Bank of Maharashtra, Nestle India, Axis
Ambuja Cements, part of the Adani Group, has announced its acquisition of a controlling stake in Orient Cement Ltd. for an equity value of Rs 8,100 crore. The deal was disclosed in an exchange filing on Tuesday, October 22, and is expected to significantly boost Ambuja’s cement capacity and market share in India. Deal Structure
Hyundai Motor India was listed at a price of Rs 1,934 on the National Stock Exchange, a discount of 1.3% to the issue price. The company was listed at Rs 1931 on BSE, a discount of 1.48%. Hyundai India IPO GMP The company’s shares were attracting a premium of 2.4% in the grey market, indicating
Go to Live UpdatesBajaj Housing Finance Share Price Today Live Updates, 22 Oct, 2024: The Bajaj Housing Finance share is in news and the counter closed trade on 21 Oct, 2024 at Rs 136.55. The shares touched intraday high of Rs 141.90 in the last trading session while the intraday low was at Rs 136.05.
With assembly polls in Maharashtra just a month away, the Rashtriya Swayamsevak Sangh (RSS) has launched an extensive outreach programme aimed at shaping public opinion in favour of the BJP-led Mahayuti alliance in the state. The elections to the 288-member Maharashtra Assembly will take place on November 20 in a single phase. According to PTI
The new financial year has begun, and with it, the tax filing season has also arrived. Now, taxpayers can file their Income Tax Return (ITR) for Assessment Year 2025-26 (FY 2024-25), like every year, this time also, this process is available in both online and offline modes. What has changed in the ITR-2 filing process?
U.S. stock indexes tumbled on Thursday, with heavyweight technology stocks suffering big losses, as President Donald Trump’s sweeping tariffs on major trade partners ignited fears of an all-out trade war and heightened the risk of a global economic recession. Apple sank 8%, reeling from the impact of an aggregate 54% tariff on China, which is
Central government employees and pensioners were handed out a 2% hike in dearness allowance/dearness relief for January-June 2025 cycle – the lowest increase in about 7 years. This latest 2% hike took the DA/DR to 55%. Now these employees and retirees will be expecting at least 3% to 4% hike in the next DA revision
The domestic key equity indices closed on a negative note as Trump’s tariff tornado takes the globe by storm. The NSE Nifty 50 declined 82 points or 0.35% to settle at 23,250, while the BSE Sensex closed the day 322 points or 0.42% to finish at 76,295. The Nifty IT was the worst hit among
How will Trump tariff impact India? The markets are fairly resilient and Bernstein believes that “India will be able to safely navigate through the tariff challenges. While on the one hand they are predicting a recovery of the macros in India, they do not rule out recession in US. The international brokerage is Underweight on
