Forwarded from Aapka Saarthi @STOCKARTHi Make Money Work For You !!! (۞ A X i T D S H A H ۞)
@STOCKARTHi
NIFTY CHARTS SINCE 1991 ,
IN LAST 25 YEARS SINCE 2000,
NIFTY HAS NEVER GIVEN -VE MONTHLY CLOSE FOR 4 CONSECUTIVE MONTHS.
IF THIS MONTH IT CLOSES BELOW CURRENT MONTHS OPEN PRICES THEN IT WILL BE NEW RECORD.
TO NEGATE THIS VIEW NIFTY HAS TO CLOSE ABOVE 23600+ ON 31ST JAN 2025.
SHARE YOUR VIEWS TO @AXITDSHAH
AAPKA SAARTHi @STOCKARTHi
LEARN MARKETS WITH US...
LINK TO THIS POST
https://t.me/STOCKARTHi/8514
😊
NIFTY CHARTS SINCE 1991 ,
IN LAST 25 YEARS SINCE 2000,
NIFTY HAS NEVER GIVEN -VE MONTHLY CLOSE FOR 4 CONSECUTIVE MONTHS.
IF THIS MONTH IT CLOSES BELOW CURRENT MONTHS OPEN PRICES THEN IT WILL BE NEW RECORD.
TO NEGATE THIS VIEW NIFTY HAS TO CLOSE ABOVE 23600+ ON 31ST JAN 2025.
SHARE YOUR VIEWS TO @AXITDSHAH
AAPKA SAARTHi @STOCKARTHi
LEARN MARKETS WITH US...
LINK TO THIS POST
https://t.me/STOCKARTHi/8514
😊
Market Update
Gift Nifty +47 pts
Gift Nifty 23037
(22990 Nifty Fut Clsd)
Dow +136.77 pts
Nsdq +391.75 pts, S&P
+55.42 pts , Bovespa -806 pts , Ftse +30 pts , Dax +148 pts , Cac -9 pts ,Nikkei +178 pts now ,Crude @ $73.77 brl (-0.00), Brent @ $77.60 brl (+0.52) , Gold @ 2767.50 (+0.00), Silver $30.882 (+0.00), Euro @ $1.0427, JPY @ $155.53, INR @ 85.584
Today's Corporate Action
29th Jan Ex Date
BPCL
Interim Dividend - Rs. - 5.0000
MINDSPACE
Income Distribution RITES
MPSLTD
Interim Dividend - Rs. - 33.0000
TECHNOPACK
Bonus issue 1:1
Today's Key Results/Board Meetings 29-Jan-25
Maruti Suzuki India, Tata Motors, Bajaj Finance, Adani Power, Ambuja Cements, ACME Solar Holdings, ASK Automotive, Blue Dart Express, Blue Star, Brigade Enterprises, Computer Age Management Services, CarTrade Tech, Chalet Hotels, Deepak Fertilisers, Indian Bank, JK Paper, Jindal Stainless, KPIT Technologies, Olectra Greentech, Hitachi Energy India, Quess Corp, Raymond, Samhi Hotels, SRF, TeamLease Services, Voltas, and Allied Blenders and Distillers.
Stock under F&O ban on NSE 29-Jan-25
None
Gift Nifty +47 pts
Gift Nifty 23037
(22990 Nifty Fut Clsd)
Dow +136.77 pts
Nsdq +391.75 pts, S&P
+55.42 pts , Bovespa -806 pts , Ftse +30 pts , Dax +148 pts , Cac -9 pts ,Nikkei +178 pts now ,Crude @ $73.77 brl (-0.00), Brent @ $77.60 brl (+0.52) , Gold @ 2767.50 (+0.00), Silver $30.882 (+0.00), Euro @ $1.0427, JPY @ $155.53, INR @ 85.584
Today's Corporate Action
29th Jan Ex Date
BPCL
Interim Dividend - Rs. - 5.0000
MINDSPACE
Income Distribution RITES
MPSLTD
Interim Dividend - Rs. - 33.0000
TECHNOPACK
Bonus issue 1:1
Today's Key Results/Board Meetings 29-Jan-25
Maruti Suzuki India, Tata Motors, Bajaj Finance, Adani Power, Ambuja Cements, ACME Solar Holdings, ASK Automotive, Blue Dart Express, Blue Star, Brigade Enterprises, Computer Age Management Services, CarTrade Tech, Chalet Hotels, Deepak Fertilisers, Indian Bank, JK Paper, Jindal Stainless, KPIT Technologies, Olectra Greentech, Hitachi Energy India, Quess Corp, Raymond, Samhi Hotels, SRF, TeamLease Services, Voltas, and Allied Blenders and Distillers.
Stock under F&O ban on NSE 29-Jan-25
None
News Headlines from Business News Agencies :
Business Standard :
📝 Govt to invest nearly $2 billion to develop critical minerals sector
📝 Luxury residential outlook survey 2025: 62% HNIs to buy property in 2 yrs
📝 Indian Oil faces decline in Russian oil imports in this fiscal year
📝 Square Yards Apr-Dec revenue up 46% to Rs 938 cr on better housing demand
📝 Bank of India targets 35% share in MCLR-linked credit in next 2-3 years
📝 Hyundai Q3 results: PAT falls 19% to Rs 1,161 cr, revenue at Rs 16,648 cr
📝 Exploring opportunities in branded residences: ITC Hotels MD Anil Chadha
📝 TVS Motor Q3 result: Net profit up 20% at Rs 609.35 cr on higher sales
📝 SpiceJet to re-induct grounded Boeing 737 Max aircraft fleet into ops
📝 Russia oil trade with China, India stalls as sanctions drive up costs
📝 Nakul Jain steps down as the Paytm Payments Services CEO
Economic Times :
📝 PURE EV partners with BE Energy to launch battery reconditioning technology in India
📝 Hatsun Agro Product acquires Milk Mantra to expand presence in eastern India
📝 IndianOil chairman confident US sanctions on Russian oil will not impact India's energy security
📝 Microsoft's cloud growth in focus as doubts grow over AI spending
📝 Volkswagen India faced customs clearance delays over alleged tax evasion case, sources say
📝 Zepto completes domicile shift from Singapore to India
📝 MedMitra AI raises Rs 3 crore led by All In Capital, WEH Ventures
📝 Hindustan Zinc Q3 Results: PAT zooms 32% YoY to Rs 2,678 crore
📝 BoFA to appoint Mandar Donde as India
Investment-Banking head
📝 Tata Projects to finish construction of Micron's semiconductor plant by year-end
📝 Alstom to supply traction components for ICF’s Vande Sleeper trains
Mint :
📝 36% of Indian enterprises started budgeting for Gen AI: E&Y report
📝 Retail investors bought record $562 mn worth of Nvidia shares amid rout
📝 India's Cipla beats Q3 profit view as strong domestic demand offset weak US sales
📝 Union Budget: Infra sector calls for raised capex, sops for green projects, tax reforms
📝 Skoda looks to turn profitable in India this year: Official
📝 LVMH Sells Stella McCartney Stake Back to Founder After Downturn
📝 JSW Infra Q3 results: Net profit climbs 32% to ₹336 crore, EBITDA grows 20%
📝 Arkade Developers buys 4 acre land in Mumbai forl ₹165cr; site currently leased to Filmistan
📝 Supply of homes priced below ₹1 cr falls 30 pc in 2024: PropEquity
📝 Google to fight $4.33 billion EU antitrust fine over Android
📝 Spiritual tourism on the rise in India, says Ritesh Agarwal, outlines Oyo's plan
Business Standard :
📝 Govt to invest nearly $2 billion to develop critical minerals sector
📝 Luxury residential outlook survey 2025: 62% HNIs to buy property in 2 yrs
📝 Indian Oil faces decline in Russian oil imports in this fiscal year
📝 Square Yards Apr-Dec revenue up 46% to Rs 938 cr on better housing demand
📝 Bank of India targets 35% share in MCLR-linked credit in next 2-3 years
📝 Hyundai Q3 results: PAT falls 19% to Rs 1,161 cr, revenue at Rs 16,648 cr
📝 Exploring opportunities in branded residences: ITC Hotels MD Anil Chadha
📝 TVS Motor Q3 result: Net profit up 20% at Rs 609.35 cr on higher sales
📝 SpiceJet to re-induct grounded Boeing 737 Max aircraft fleet into ops
📝 Russia oil trade with China, India stalls as sanctions drive up costs
📝 Nakul Jain steps down as the Paytm Payments Services CEO
Economic Times :
📝 PURE EV partners with BE Energy to launch battery reconditioning technology in India
📝 Hatsun Agro Product acquires Milk Mantra to expand presence in eastern India
📝 IndianOil chairman confident US sanctions on Russian oil will not impact India's energy security
📝 Microsoft's cloud growth in focus as doubts grow over AI spending
📝 Volkswagen India faced customs clearance delays over alleged tax evasion case, sources say
📝 Zepto completes domicile shift from Singapore to India
📝 MedMitra AI raises Rs 3 crore led by All In Capital, WEH Ventures
📝 Hindustan Zinc Q3 Results: PAT zooms 32% YoY to Rs 2,678 crore
📝 BoFA to appoint Mandar Donde as India
Investment-Banking head
📝 Tata Projects to finish construction of Micron's semiconductor plant by year-end
📝 Alstom to supply traction components for ICF’s Vande Sleeper trains
Mint :
📝 36% of Indian enterprises started budgeting for Gen AI: E&Y report
📝 Retail investors bought record $562 mn worth of Nvidia shares amid rout
📝 India's Cipla beats Q3 profit view as strong domestic demand offset weak US sales
📝 Union Budget: Infra sector calls for raised capex, sops for green projects, tax reforms
📝 Skoda looks to turn profitable in India this year: Official
📝 LVMH Sells Stella McCartney Stake Back to Founder After Downturn
📝 JSW Infra Q3 results: Net profit climbs 32% to ₹336 crore, EBITDA grows 20%
📝 Arkade Developers buys 4 acre land in Mumbai forl ₹165cr; site currently leased to Filmistan
📝 Supply of homes priced below ₹1 cr falls 30 pc in 2024: PropEquity
📝 Google to fight $4.33 billion EU antitrust fine over Android
📝 Spiritual tourism on the rise in India, says Ritesh Agarwal, outlines Oyo's plan
🇮🇳 India Daybook – Stocks in News
Ami Organics: Net profit at Rs 454 cr vs Rs 178 cr, Revenue at Rs. 2750 cr vs Rs 1664 cr (YoY) (Positive)
Syrma SGS: Net profit at Rs 53 cr vs Rs 20 cr, Revenue at Rs. 870 cr vs Rs 706 cr (YoY) (Positive)
Sai Silk: Net profit at Rs 46 cr vs Rs 32 cr, Revenue at Rs. 448 cr vs Rs 382 cr (YoY) (Positive)
Dynamic Cables: Net profit at Rs 15.8 cr vs Rs 7.5 cr, Revenue at Rs. 251 cr vs Rs 192 cr (YoY) (Positive)
MGL: Net profit at Rs 225.0 cr versus poll of Rs 185.0 cr, Revenue at Rs 1758 cr versus poll of Rs 1752 cr (Positive)
TVS Holdings: Net profit at Rs 685 cr vs Rs 532 cr, Revenue at Rs. 11,476 cr vs Rs 9220 cr (YoY) (Positive)
Suzlon Energy: Net profit at Rs 387 cr vs Rs 203 cr, Revenue at Rs. 2968.8 cr vs Rs 1553 cr (YoY) (Positive)
Home First: Net profit at Rs 98 cr vs Rs 78 cr, NII at Rs. 213 cr vs Rs 166 cr (YoY) (Positive)
SIS: Net profit at Rs 10.2 cr vs Rs 2.7 cr, Revenue at Rs. 336.0 cr vs Rs 307.0 cr (YoY) (Positive)
KRN Heat: Net profit at Rs 13.4 cr vs Rs 7.9 cr, Revenue at Rs. 116.0 cr vs Rs 67.0 cr (YoY) (Positive)
GMR Airports: Net profit at ₹202.1 cr vs loss of ₹486.4 cr, Revenue at ₹2,653.2 cr vs ₹2,226.7 cr (YoY) Positive)
Som Dist: Net profit at Rs 21.5 cr vs Rs 18.0 cr, Revenue at Rs. 562.0 cr vs Rs 501.0 cr (YoY) (Positive)
M&M Finance: Net profit at Rs 899 cr vs Rs 553 cr, NII at Rs. 1911 cr vs Rs 1698 cr (YoY) (Positive)
Sharika Ent: Company wins order of Rs 15.57 Cr, contract by NHPC Limited (Positive)
TVS Motors: Expects the EV 3W category to grow significantly in the coming months (Positive)
Autoline Industries: Company announced a substantial purchase order from Mahindra & Mahindra valued at approximately Rs 30 Crores. (Positive)
Bharat Parenterals: Receipt of an order amounting to $27 Million (approximately INR 232 Crores) for supply of high demand pharmaceutical products over a period of 18-24 months. (Positive)
Rane Engines: CRISIL has continued its credit ratings for the company's bank facilities totaling Rs. 220 crore. (Positive)
Piramal Pharma: Net profit down 63.4% at ₹3.7 cr vs ₹10.1 cr, Revenue up 12.5% at ₹2,204.2 cr vs ₹1,958.6 cr (YoY). (Neutral)
Colgate: Net profit at Rs 322.8 cr vs Rs 330.1 cr, Revenue at Rs. 1461.8 cr vs Rs 1386 cr (YoY) (Neutral)
UTI AMC: Net profit at Rs 150.7 cr vs Rs 185.7 cr, Revenue at Rs. 417.6 cr vs Rs 449 cr (YoY) (Neutral)
Rane Brake: Net profit at Rs 9.5 cr vs Rs 10.1 cr, Revenue at Rs. 185.3 cr vs Rs 164.3 cr (YoY) (Neutral)
V-Guard Industries: Net profit at Rs 60 cr vs Rs 58 cr, Revenue at Rs. 1269 cr vs Rs 1165 cr (YoY) (Neutral)
Bosch: Net profit at Rs 458 cr vs Rs 518 cr, Revenue at Rs. 4466 cr vs Rs 4205 cr (YoY) (Neutral)
PTC India Financial Services: Net profit at Rs 67.15 cr vs Rs 50.40 cr, Revenue at Rs. 158 cr vs Rs 220 cr (YoY) (Neutral)
Le Travenues: Net profit at Rs 15.5 cr vs Rs 31 cr, Revenue at Rs. 214 cr vs Rs 170 cr (YoY) (Neutral)
Jost's Engineering: Net profit at Rs 4.16 cr vs Rs 3.3 cr, Revenue at Rs. 52.0 cr vs Rs 46.4 cr (YoY) (Neutral)
eMudhra: Net profit at Rs 22.4 cr vs Rs 20.0 cr, Revenue at Rs. 139 cr vs Rs 97.0 cr (YoY) (Neutral)
Exide India: Net profit at Rs 245 cr vs Rs 240.3 cr, Revenue at Rs. 3846.6 cr vs Rs 3840.5 cr (YoY) (Neutral)
Bajaj Auto: Net profit at Rs 2018.7 cr vs Rs 2042 cr, Revenue at Rs. 12807 cr vs Rs 12114 cr (YoY) (Neutral)
BHEL: Net profit at Rs 125.0 cr versus poll of Rs 129.0 cr, Revenue at Rs 7277 cr versus poll of Rs 6751 cr (Neutral)
SBI Card: Net profit at Rs 383.2 cr vs Rs 549.1cr, Revenues at Rs 3790.1 cr vs Rs 3926.2 cr (YoY) (Neutral)
CE Info: Net profit at Rs 32.3 cr vs Rs 31 cr, Revenue at Rs 114.5 cr vs Rs 92 cr (YoY) (Neutral)
Sarthak Global: Company announced the re-appointment of Mr. Sunil Gangrade as a Whole-time Director for three years, starting March 1, 2025. (Neutral)
IDFC First: Bank appoints Nitin Chauhan as Chief Information Security Officer of the bank w.e.f. January 28, 2025. (Neutral)
Ami Organics: Net profit at Rs 454 cr vs Rs 178 cr, Revenue at Rs. 2750 cr vs Rs 1664 cr (YoY) (Positive)
Syrma SGS: Net profit at Rs 53 cr vs Rs 20 cr, Revenue at Rs. 870 cr vs Rs 706 cr (YoY) (Positive)
Sai Silk: Net profit at Rs 46 cr vs Rs 32 cr, Revenue at Rs. 448 cr vs Rs 382 cr (YoY) (Positive)
Dynamic Cables: Net profit at Rs 15.8 cr vs Rs 7.5 cr, Revenue at Rs. 251 cr vs Rs 192 cr (YoY) (Positive)
MGL: Net profit at Rs 225.0 cr versus poll of Rs 185.0 cr, Revenue at Rs 1758 cr versus poll of Rs 1752 cr (Positive)
TVS Holdings: Net profit at Rs 685 cr vs Rs 532 cr, Revenue at Rs. 11,476 cr vs Rs 9220 cr (YoY) (Positive)
Suzlon Energy: Net profit at Rs 387 cr vs Rs 203 cr, Revenue at Rs. 2968.8 cr vs Rs 1553 cr (YoY) (Positive)
Home First: Net profit at Rs 98 cr vs Rs 78 cr, NII at Rs. 213 cr vs Rs 166 cr (YoY) (Positive)
SIS: Net profit at Rs 10.2 cr vs Rs 2.7 cr, Revenue at Rs. 336.0 cr vs Rs 307.0 cr (YoY) (Positive)
KRN Heat: Net profit at Rs 13.4 cr vs Rs 7.9 cr, Revenue at Rs. 116.0 cr vs Rs 67.0 cr (YoY) (Positive)
GMR Airports: Net profit at ₹202.1 cr vs loss of ₹486.4 cr, Revenue at ₹2,653.2 cr vs ₹2,226.7 cr (YoY) Positive)
Som Dist: Net profit at Rs 21.5 cr vs Rs 18.0 cr, Revenue at Rs. 562.0 cr vs Rs 501.0 cr (YoY) (Positive)
M&M Finance: Net profit at Rs 899 cr vs Rs 553 cr, NII at Rs. 1911 cr vs Rs 1698 cr (YoY) (Positive)
Sharika Ent: Company wins order of Rs 15.57 Cr, contract by NHPC Limited (Positive)
TVS Motors: Expects the EV 3W category to grow significantly in the coming months (Positive)
Autoline Industries: Company announced a substantial purchase order from Mahindra & Mahindra valued at approximately Rs 30 Crores. (Positive)
Bharat Parenterals: Receipt of an order amounting to $27 Million (approximately INR 232 Crores) for supply of high demand pharmaceutical products over a period of 18-24 months. (Positive)
Rane Engines: CRISIL has continued its credit ratings for the company's bank facilities totaling Rs. 220 crore. (Positive)
Piramal Pharma: Net profit down 63.4% at ₹3.7 cr vs ₹10.1 cr, Revenue up 12.5% at ₹2,204.2 cr vs ₹1,958.6 cr (YoY). (Neutral)
Colgate: Net profit at Rs 322.8 cr vs Rs 330.1 cr, Revenue at Rs. 1461.8 cr vs Rs 1386 cr (YoY) (Neutral)
UTI AMC: Net profit at Rs 150.7 cr vs Rs 185.7 cr, Revenue at Rs. 417.6 cr vs Rs 449 cr (YoY) (Neutral)
Rane Brake: Net profit at Rs 9.5 cr vs Rs 10.1 cr, Revenue at Rs. 185.3 cr vs Rs 164.3 cr (YoY) (Neutral)
V-Guard Industries: Net profit at Rs 60 cr vs Rs 58 cr, Revenue at Rs. 1269 cr vs Rs 1165 cr (YoY) (Neutral)
Bosch: Net profit at Rs 458 cr vs Rs 518 cr, Revenue at Rs. 4466 cr vs Rs 4205 cr (YoY) (Neutral)
PTC India Financial Services: Net profit at Rs 67.15 cr vs Rs 50.40 cr, Revenue at Rs. 158 cr vs Rs 220 cr (YoY) (Neutral)
Le Travenues: Net profit at Rs 15.5 cr vs Rs 31 cr, Revenue at Rs. 214 cr vs Rs 170 cr (YoY) (Neutral)
Jost's Engineering: Net profit at Rs 4.16 cr vs Rs 3.3 cr, Revenue at Rs. 52.0 cr vs Rs 46.4 cr (YoY) (Neutral)
eMudhra: Net profit at Rs 22.4 cr vs Rs 20.0 cr, Revenue at Rs. 139 cr vs Rs 97.0 cr (YoY) (Neutral)
Exide India: Net profit at Rs 245 cr vs Rs 240.3 cr, Revenue at Rs. 3846.6 cr vs Rs 3840.5 cr (YoY) (Neutral)
Bajaj Auto: Net profit at Rs 2018.7 cr vs Rs 2042 cr, Revenue at Rs. 12807 cr vs Rs 12114 cr (YoY) (Neutral)
BHEL: Net profit at Rs 125.0 cr versus poll of Rs 129.0 cr, Revenue at Rs 7277 cr versus poll of Rs 6751 cr (Neutral)
SBI Card: Net profit at Rs 383.2 cr vs Rs 549.1cr, Revenues at Rs 3790.1 cr vs Rs 3926.2 cr (YoY) (Neutral)
CE Info: Net profit at Rs 32.3 cr vs Rs 31 cr, Revenue at Rs 114.5 cr vs Rs 92 cr (YoY) (Neutral)
Sarthak Global: Company announced the re-appointment of Mr. Sunil Gangrade as a Whole-time Director for three years, starting March 1, 2025. (Neutral)
IDFC First: Bank appoints Nitin Chauhan as Chief Information Security Officer of the bank w.e.f. January 28, 2025. (Neutral)
JSW Infra: Raise capex guidance to Rs 39,000 cr vs Rs 30,000 cr earlier (Neutral)
Home First: Board approves to raise Rs 1250 cr through QIP (Neutral)
ITC: ITC Hotels to list on NSE & BSE on January 29, 2025 (Neutral)
NMDC: Company to invest ₹70,000 crore for capacity ramp-up by 2030. (Neutral)
Kotak Mahindra Bank: Launches BizLabs Accelerator to propel startups toward scalable growth. (Neutral)
JSW Steel: Extends Long Stop Date for Acquisition Of 92.19% Stake of Minas de Revuboe Buyout to June 30, 2025 (Neutral)
JSW Energy: Net profit at Rs 167.8 crore versus 232.0 crore, Revenue at Rs 2400 crore versus poll of Rs 2542 crore
Star Health: Net Profit at Rs 215.1 Cr Vs Rs 289.6 Cr, Net Earned at 15.4% at Rs 3,799.7 Cr Vs Rs 3,293.6 Cr (YoY).
VIP Ind: Net loss at Rs 12.4 cr vs profit of Rs 7.2 cr, Revenue down 8.3% at Rs 501 cr vs Rs 546.4 cr (YoY)
Power stocks: Power producers face Rs 1,000-crore loss as CERC bars payment till plants begin ops: media reports
Home First: Board approves to raise Rs 1250 cr through QIP (Neutral)
ITC: ITC Hotels to list on NSE & BSE on January 29, 2025 (Neutral)
NMDC: Company to invest ₹70,000 crore for capacity ramp-up by 2030. (Neutral)
Kotak Mahindra Bank: Launches BizLabs Accelerator to propel startups toward scalable growth. (Neutral)
JSW Steel: Extends Long Stop Date for Acquisition Of 92.19% Stake of Minas de Revuboe Buyout to June 30, 2025 (Neutral)
JSW Energy: Net profit at Rs 167.8 crore versus 232.0 crore, Revenue at Rs 2400 crore versus poll of Rs 2542 crore
Star Health: Net Profit at Rs 215.1 Cr Vs Rs 289.6 Cr, Net Earned at 15.4% at Rs 3,799.7 Cr Vs Rs 3,293.6 Cr (YoY).
VIP Ind: Net loss at Rs 12.4 cr vs profit of Rs 7.2 cr, Revenue down 8.3% at Rs 501 cr vs Rs 546.4 cr (YoY)
Power stocks: Power producers face Rs 1,000-crore loss as CERC bars payment till plants begin ops: media reports
What is Volatility ??
@AlliesFin
May be Market will show today..
Today is a very special day for the 1st time..
Expiry of 5 Indices of NSE :
1. Nifty
2. Bank Nifty
3. Nifty Next 50
4. Fin Nifty
5. Mid Cap Nifty..
and
Results of 20 F&O Stocks.. Sources
@AlliesFin
May be Market will show today..
Today is a very special day for the 1st time..
Expiry of 5 Indices of NSE :
1. Nifty
2. Bank Nifty
3. Nifty Next 50
4. Fin Nifty
5. Mid Cap Nifty..
and
Results of 20 F&O Stocks.. Sources
News Headlines from Business News Agencies:
Business Standard
📝 LTTS signs $80 million multi-year deal with US-based manufacturer
📝 De Beers plans to open 15 Forevermark brand retail stores in India in 2025
📝 IFCI board Okays Rs 500 cr fund infusion via preferential issue of shares
📝 Ola set to unveil electric scooter based on Gen 3 platform on Jan 31
📝 Cabinet approves hike in ethanol procurement prices for state-run OMCs
📝 Edtech startup Leap raises $65 mn in Series E round led by Apis Partners
📝 MAS Financial Services Q3 results: Net profit jumps 25% to Rs 80.40 cr
📝 India's coffee exports likely to decline over 10% on lower production
📝 India needs fiscal policy changes for 6.4% GDP growth rate in 2025: Moody's
📝 Adani, JSW, investors eye Arshiya Ltd's assets amid insolvency process
📝 Maruti Suzuki approves reappointment of Hisashi Takeuchi as MD & CEO
📝 India's semiconductor market to grow at 13%, reach $103 bn by 2030: IESA
Economic Times
📝 Govt to formulate new MHADA policy to provide affordable housing: Dy CM Eknath Shinde
📝 Indian banks facing margin pressure amid high interest rate and declining loan growth: S&P Global
📝 Cabinet approves Rs 16,300 crore critical mineral mission
📝 Akasa Air well-capitalised, set to expand with new destinations: CEO
📝 Radisson Hotel Group says it added 300 new properties in 2024
📝 Triveni Turbine bags Rs 2.9 billion order from NTPC
📝 Indian Bank Q3 net profit surges 35 pc to Rs 2,852 cr
📝 Tata Steel becomes India's first to develop hydrogen transport pipes
📝 Accel, Prosus, Bessemer directors quit Good Glamm board amid cash crunch
📝 Messe Stuttgart India partners with Startup India for LogiMAT India 2025
📝 European coffee brand Coffee Island gets launched in India
📝 Govt revises quality control order to promote high-quality PV products
Mint
📝 ITC Hotels debuts on bourses; plans to expand portfolio to over 200 properties in 5 years
📝 Share of prepaid payment instruments falls 24% in past 2 years, shows RBI data
📝 JLR Owner Misses Profit Estimate Hurt by India Consumer Slowdown
📝 Brazil Central Bank Will Extend Interest Rate Hikes with Galipolo Fully in Charge
📝 Intel's CEO search in focus as chipmaker set to post lower revenue
📝 Maruti Suzuki Q3 result: Consolidated profit jumps 16% YoY
📝 Radico Khaitan Q3 Results: Net profit rises 27%, margins expand
📝 NCLT reinstates Glas Trust, Aditya Birla Finance as Byju's financial creditors
📝 India's TeamLease Services misses Q3 profit view as costs bite
📝 Logistics and sustainability hurdles challenge MSMEs in India’s apparel industry
📝 Mindspace REIT buys Hyderabad office space for ₹2,038 cr.
Business Standard
📝 LTTS signs $80 million multi-year deal with US-based manufacturer
📝 De Beers plans to open 15 Forevermark brand retail stores in India in 2025
📝 IFCI board Okays Rs 500 cr fund infusion via preferential issue of shares
📝 Ola set to unveil electric scooter based on Gen 3 platform on Jan 31
📝 Cabinet approves hike in ethanol procurement prices for state-run OMCs
📝 Edtech startup Leap raises $65 mn in Series E round led by Apis Partners
📝 MAS Financial Services Q3 results: Net profit jumps 25% to Rs 80.40 cr
📝 India's coffee exports likely to decline over 10% on lower production
📝 India needs fiscal policy changes for 6.4% GDP growth rate in 2025: Moody's
📝 Adani, JSW, investors eye Arshiya Ltd's assets amid insolvency process
📝 Maruti Suzuki approves reappointment of Hisashi Takeuchi as MD & CEO
📝 India's semiconductor market to grow at 13%, reach $103 bn by 2030: IESA
Economic Times
📝 Govt to formulate new MHADA policy to provide affordable housing: Dy CM Eknath Shinde
📝 Indian banks facing margin pressure amid high interest rate and declining loan growth: S&P Global
📝 Cabinet approves Rs 16,300 crore critical mineral mission
📝 Akasa Air well-capitalised, set to expand with new destinations: CEO
📝 Radisson Hotel Group says it added 300 new properties in 2024
📝 Triveni Turbine bags Rs 2.9 billion order from NTPC
📝 Indian Bank Q3 net profit surges 35 pc to Rs 2,852 cr
📝 Tata Steel becomes India's first to develop hydrogen transport pipes
📝 Accel, Prosus, Bessemer directors quit Good Glamm board amid cash crunch
📝 Messe Stuttgart India partners with Startup India for LogiMAT India 2025
📝 European coffee brand Coffee Island gets launched in India
📝 Govt revises quality control order to promote high-quality PV products
Mint
📝 ITC Hotels debuts on bourses; plans to expand portfolio to over 200 properties in 5 years
📝 Share of prepaid payment instruments falls 24% in past 2 years, shows RBI data
📝 JLR Owner Misses Profit Estimate Hurt by India Consumer Slowdown
📝 Brazil Central Bank Will Extend Interest Rate Hikes with Galipolo Fully in Charge
📝 Intel's CEO search in focus as chipmaker set to post lower revenue
📝 Maruti Suzuki Q3 result: Consolidated profit jumps 16% YoY
📝 Radico Khaitan Q3 Results: Net profit rises 27%, margins expand
📝 NCLT reinstates Glas Trust, Aditya Birla Finance as Byju's financial creditors
📝 India's TeamLease Services misses Q3 profit view as costs bite
📝 Logistics and sustainability hurdles challenge MSMEs in India’s apparel industry
📝 Mindspace REIT buys Hyderabad office space for ₹2,038 cr.
🇮🇳 India Daybook Stocks in News @AlliesFin
Brigade: Net profit at Rs 236.2 cr vs Rs 73.5 cr, Revenue at Rs 1,463.9 cr vs Rs 1,173.8 cr (YoY) (Positive)
Chalet: Net profit at Rs 96.5 cr vs Rs 70.6 cr, Revenue at Rs 457.8 cr vs Rs 373.7 cr (YoY) (Positive)
Gabriel: Net profit at Rs 60 cr vs Rs 41 cr, Revenue at Rs. 1016 cr vs Rs 815 cr (YoY) (Positive)
Suditi Ind: Net profit at Rs 1.3 cr vs loss Rs 1.8 cr, Revenue at Rs. 22 cr vs Rs 15 cr (YoY) (Positive)
Ramratna Wire: Net profit at Rs 18.3 cr vs Rs 11.7 cr, Revenue at Rs. 888 cr vs Rs 698 cr (YoY) (Positive)
Hitachi Energy: Net profit at Rs 137 cr vs Rs 52 cr, Revenue at Rs. 1620 cr vs Rs 1554 cr (YoY) (Positive)
Samhi Hotel: Net profit at Rs 22.7 cr vs loss of Rs 236.4 cr, Revenue at Rs 295.7 cr vs Rs 267.8 cr (YoY) (Positive)
CAMS: Net profit at Rs 124 cr vs Rs 89 cr, Revenue at Rs. 370 cr vs Rs 290 cr (YoY) (Positive)
Tamiland Mercantile: Net profit at Rs 302. cr vs Rs 284.2 cr, NII at Rs. 570.4 cr vs Rs 537 cr (YoY) (Positive)
Ask Automotive: Net profit at Rs 65.9 cr vs Rs 49.9 cr, Revenue at Rs. 915 cr vs Rs 761.7 cr (YoY) (Positive)
Blue Star: Net profit at Rs 132.5 cr vs Rs 100.5 cr, Revenue at Rs. 2807 cr vs Rs 2241 cr (YoY) (Positive)
Arvind Smart: Net profit at Rs 50 cr vs Rs 12 cr, Revenue at Rs. 210 cr vs Rs 84 cr (YoY) (Positive)
SRF: Net profit at Rs 271.0 crore versus poll of Rs 239.0 crore, Revenue at Rs 3491 crore versus poll of Rs 3387 crore (Positive)
Allied blenders: Net profit at Rs 57.5 cr vs loss Rs 4.4 cr, Revenue at Rs. 974 cr, up 8.8 percent (YoY) (Positive)
Suditi Ind: Net profit at Rs 1.3 cr vs loss Rs 1.8 cr, Revenue at Rs. 22 cr vs Rs 15 cr (YoY) (Positive)
Raymond: Net profit at Rs 72.3 crore versus Rs 41.3 crore, Revenue at Rs 954 crore versus Rs 678 crore (Positive)
Sona BLW: Company signs MoU with the ePlane company to develop powertrain for eVTOLs and drones (Positive)
GRSE/Apollo Micro: Garden Reach Shipbuilders and Apollo Micro Signed MoU for Joint Development and Supply of Advanced Weapons and Electronic Systems. (Positive)
Afcons: Company gets LoA for project worth Rs 1,283 cr from Hindustan Gateway Container Terminal Kandla. (Positive)
G R Infraprojects: Company has been emerged as L-1 bidder for the project worth of Rs 262.3 crore for Gauge conversion of 38.900 kms track (Positive)
GMDC: Company has signed a 40-year agreement with JK Cement to supply 250 million tons of limestone (Positive)
Azad Engineering: Company has signed a long-term Contract & Price Agreement with Siemens Energy Global GmbH& Co. KG, for manufacturing and supply of mission critical components, including combustion commodities, cold blades & vanes, machined parts & assemblies. (Positive)
Granules: Vishakapatnam unit received EU GMP certification for APIs and Finished Dosages by Hungary's health authority. (Positive)
Archean Chemical: Subsidiary, SiCSem Pvt. Ltd., held a groundbreaking ceremony for a new Compound Semiconductor Facility in Odisha. (Positive)
Bajaj Fin: Net profit at Rs 4308.0 crore versus poll of Rs 4098.0 crore, NII at Rs 9382.0 crore versus poll of Rs 9336.0 crore (Neutral)
Tata Motors: Net profit at Rs 5451.0 crore versus poll of Rs 6547.0 crore, Revenue at Rs 1.14 lK crore versus poll of Rs 1.16 lK crore (Neutral)
Voltas: Net profit at Rs 131 cr versus poll of Rs 155 cr, Revenue at Rs 3,105 cr versus poll of Rs 3,015 cr (Neutral)
Rane Brake: Net profit at Rs 9.5 cr vs Rs 10.1 cr, Revenue at Rs. 185.3 cr vs Rs 164.3 cr (YoY) (Neutral)
Aarti Drugs: Net profit at Rs 37.1 cr vs Rs 36.7 cr, Revenue at Rs. 556.6 cr vs Rs 605.9 cr (YoY) (Neutral)
Capital Small Finance Bank: Net profit at Rs 34.1 cr vs Rs 28.9 cr, NII at Rs. 107.1 cr vs Rs 87.5 cr (YoY) (Neutral)
Blue Dart: Net profit down 8.9% at Rs 81 cr vs Rs 89 cr, Revenue up 9.3% at Rs 1,511.7 cr vs Rs 1,383 cr (YoY) (Neutral)
Fino Payment Bank: Net profit at Rs 23.1 cr vs Rs 22.8 cr, NII at Rs 23.7 cr vs Rs 17.6 cr (YoY) (Neutral)
Brigade: Net profit at Rs 236.2 cr vs Rs 73.5 cr, Revenue at Rs 1,463.9 cr vs Rs 1,173.8 cr (YoY) (Positive)
Chalet: Net profit at Rs 96.5 cr vs Rs 70.6 cr, Revenue at Rs 457.8 cr vs Rs 373.7 cr (YoY) (Positive)
Gabriel: Net profit at Rs 60 cr vs Rs 41 cr, Revenue at Rs. 1016 cr vs Rs 815 cr (YoY) (Positive)
Suditi Ind: Net profit at Rs 1.3 cr vs loss Rs 1.8 cr, Revenue at Rs. 22 cr vs Rs 15 cr (YoY) (Positive)
Ramratna Wire: Net profit at Rs 18.3 cr vs Rs 11.7 cr, Revenue at Rs. 888 cr vs Rs 698 cr (YoY) (Positive)
Hitachi Energy: Net profit at Rs 137 cr vs Rs 52 cr, Revenue at Rs. 1620 cr vs Rs 1554 cr (YoY) (Positive)
Samhi Hotel: Net profit at Rs 22.7 cr vs loss of Rs 236.4 cr, Revenue at Rs 295.7 cr vs Rs 267.8 cr (YoY) (Positive)
CAMS: Net profit at Rs 124 cr vs Rs 89 cr, Revenue at Rs. 370 cr vs Rs 290 cr (YoY) (Positive)
Tamiland Mercantile: Net profit at Rs 302. cr vs Rs 284.2 cr, NII at Rs. 570.4 cr vs Rs 537 cr (YoY) (Positive)
Ask Automotive: Net profit at Rs 65.9 cr vs Rs 49.9 cr, Revenue at Rs. 915 cr vs Rs 761.7 cr (YoY) (Positive)
Blue Star: Net profit at Rs 132.5 cr vs Rs 100.5 cr, Revenue at Rs. 2807 cr vs Rs 2241 cr (YoY) (Positive)
Arvind Smart: Net profit at Rs 50 cr vs Rs 12 cr, Revenue at Rs. 210 cr vs Rs 84 cr (YoY) (Positive)
SRF: Net profit at Rs 271.0 crore versus poll of Rs 239.0 crore, Revenue at Rs 3491 crore versus poll of Rs 3387 crore (Positive)
Allied blenders: Net profit at Rs 57.5 cr vs loss Rs 4.4 cr, Revenue at Rs. 974 cr, up 8.8 percent (YoY) (Positive)
Suditi Ind: Net profit at Rs 1.3 cr vs loss Rs 1.8 cr, Revenue at Rs. 22 cr vs Rs 15 cr (YoY) (Positive)
Raymond: Net profit at Rs 72.3 crore versus Rs 41.3 crore, Revenue at Rs 954 crore versus Rs 678 crore (Positive)
Sona BLW: Company signs MoU with the ePlane company to develop powertrain for eVTOLs and drones (Positive)
GRSE/Apollo Micro: Garden Reach Shipbuilders and Apollo Micro Signed MoU for Joint Development and Supply of Advanced Weapons and Electronic Systems. (Positive)
Afcons: Company gets LoA for project worth Rs 1,283 cr from Hindustan Gateway Container Terminal Kandla. (Positive)
G R Infraprojects: Company has been emerged as L-1 bidder for the project worth of Rs 262.3 crore for Gauge conversion of 38.900 kms track (Positive)
GMDC: Company has signed a 40-year agreement with JK Cement to supply 250 million tons of limestone (Positive)
Azad Engineering: Company has signed a long-term Contract & Price Agreement with Siemens Energy Global GmbH& Co. KG, for manufacturing and supply of mission critical components, including combustion commodities, cold blades & vanes, machined parts & assemblies. (Positive)
Granules: Vishakapatnam unit received EU GMP certification for APIs and Finished Dosages by Hungary's health authority. (Positive)
Archean Chemical: Subsidiary, SiCSem Pvt. Ltd., held a groundbreaking ceremony for a new Compound Semiconductor Facility in Odisha. (Positive)
Bajaj Fin: Net profit at Rs 4308.0 crore versus poll of Rs 4098.0 crore, NII at Rs 9382.0 crore versus poll of Rs 9336.0 crore (Neutral)
Tata Motors: Net profit at Rs 5451.0 crore versus poll of Rs 6547.0 crore, Revenue at Rs 1.14 lK crore versus poll of Rs 1.16 lK crore (Neutral)
Voltas: Net profit at Rs 131 cr versus poll of Rs 155 cr, Revenue at Rs 3,105 cr versus poll of Rs 3,015 cr (Neutral)
Rane Brake: Net profit at Rs 9.5 cr vs Rs 10.1 cr, Revenue at Rs. 185.3 cr vs Rs 164.3 cr (YoY) (Neutral)
Aarti Drugs: Net profit at Rs 37.1 cr vs Rs 36.7 cr, Revenue at Rs. 556.6 cr vs Rs 605.9 cr (YoY) (Neutral)
Capital Small Finance Bank: Net profit at Rs 34.1 cr vs Rs 28.9 cr, NII at Rs. 107.1 cr vs Rs 87.5 cr (YoY) (Neutral)
Blue Dart: Net profit down 8.9% at Rs 81 cr vs Rs 89 cr, Revenue up 9.3% at Rs 1,511.7 cr vs Rs 1,383 cr (YoY) (Neutral)
Fino Payment Bank: Net profit at Rs 23.1 cr vs Rs 22.8 cr, NII at Rs 23.7 cr vs Rs 17.6 cr (YoY) (Neutral)
Eclerx: Net profit at ₹137 cr vs ₹138.6 cr, Revenue at ₹853.8 cr vs ₹752.7 cr (YoY) (Neutral)
Quess Corp: Net profit at ₹80.4 cr vs ₹63.8 cr, Revenue at ₹5,519 cr vs ₹4,841.8 cr (YoY) (Neutral)
Jindal Stainless: Net profit at Rs 654.3 cr vs Rs 692.3 cr, Revenue at Rs. 9907 cr vs Rs 9127 cr (YoY). (Neutral)
MAS Financial Services: Company has informed the Exchange that Record date for the purpose of Dividend is 05-Feb-2025. (Neutral)
Voltas: Board has approved appointment of Mukundan Menon as MD from Sept. 1 (Neutral)
Restaurant Brands Asia: Net loss at Rs 50.3 cr vs loss of Rs 36 cr, Revenue at Rs. 639 cr vs Rs 604 cr (YoY)
J k Paper: Net profit at Rs 65.3 cr vs Rs 236.4 cr, Revenue at Rs. 1733 cr vs Rs 1781.7 cr (YoY)
Whirlpool India: Parent co Whirlpool Corp announced its intention to sell down its ownership to 20% from 51% by 2025 mid
Quess Corp: Net profit at ₹80.4 cr vs ₹63.8 cr, Revenue at ₹5,519 cr vs ₹4,841.8 cr (YoY) (Neutral)
Jindal Stainless: Net profit at Rs 654.3 cr vs Rs 692.3 cr, Revenue at Rs. 9907 cr vs Rs 9127 cr (YoY). (Neutral)
MAS Financial Services: Company has informed the Exchange that Record date for the purpose of Dividend is 05-Feb-2025. (Neutral)
Voltas: Board has approved appointment of Mukundan Menon as MD from Sept. 1 (Neutral)
Restaurant Brands Asia: Net loss at Rs 50.3 cr vs loss of Rs 36 cr, Revenue at Rs. 639 cr vs Rs 604 cr (YoY)
J k Paper: Net profit at Rs 65.3 cr vs Rs 236.4 cr, Revenue at Rs. 1733 cr vs Rs 1781.7 cr (YoY)
Whirlpool India: Parent co Whirlpool Corp announced its intention to sell down its ownership to 20% from 51% by 2025 mid
Events To Watch For :
30th Jan - #Fed Jan meet outcome
31st Jan - Economic survey
1st Feb - Union #Budget
1st Feb - F&O more rules
1st Feb - Jan Auto Sales
1st Feb - Trade tariffs ?
5th Feb - #DelhiElection2025 Voting
7th Feb - #RBI Feb #MPC meet
8th Feb - #DelhiElection results
30th Jan - #Fed Jan meet outcome
31st Jan - Economic survey
1st Feb - Union #Budget
1st Feb - F&O more rules
1st Feb - Jan Auto Sales
1st Feb - Trade tariffs ?
5th Feb - #DelhiElection2025 Voting
7th Feb - #RBI Feb #MPC meet
8th Feb - #DelhiElection results
News Headlines from Business News Agencies :
Business Standard :
📝 ARCs to see uptick in cumulative recovery rates in FY25 and 26: Crisil
📝 L&T wins big order for freight handling in gulf worth Rs 1,000-2,500 crore
📝 Prices of rice exported from India steady at 18-month low on muted demand
📝 Abu Dhabi fund ADQ, Orion team up to invest $1.2 bn in metals, mining
📝 Sugar industry has potential to increase its GDP share up to 3%: Gadkari
📝 Germany's GDP falls 0.2% in Dec qtr, recession fears return ahead of poll
📝 India braces for warmer Feb, wheat crop, rapeseed output may be at risk
📝 Dodla Dairy Q3FY25 results: Net profit rises 54% to Rs 63.56 crore
📝 Bajaj Finserv Q3 results: Profit up 3% at Rs 2,231 cr, net income drop 20%
📝 Wind industry seeks policy parity, infra support to meet energy goals
📝 Panasonic Life Solutions India acquires land parcel in Mumbai for Rs 160 cr
📝 Blueleaf Energy to invest $400 mn in Jakson Green's India solar assets
Economic Times :
📝 Air India enters into codeshare partnership with Kenya Airways
📝 JSW Energy revises capex to Rs 10,000 crore in FY '25
📝 RBI files application for insolvency proceedings against Aviom India Housing Finance
📝 Whirlpool Corporation plans to reduce holding in Indian arm to 20% by mid to late 2025
📝 Reliance & HUL’s new googly set to stump another market in India
📝 Airtel Africa Q3 net jumps over 11-fold on-yr to $169 mn on $94-mn exceptional gain, lower finance costs
📝 India Post Payments Bank and PNB MetLife partner to expand life insurance access nation wide
📝 Tata Steel doesn’t want growth at cost of debt: CFO Koushik Chatterjee
📝 RBI files application for insolvency proceedings against Aviom India Housing Finance
📝 McDonald’s to set up its first GCC in India
📝 Five Coal India arms, including SECL miss production target for Apr-Dec
Mint :
📝 Industrial & logistics leasing reaches all-time high in 2024, with Delhi-NCR, Bengaluru, and Kolkata leading
📝 Bharat Electronics Q3 Results: Net profit soars 47.3% YoY to ₹1316 crore
📝 Dabur India Q3 Results: Net profit rises 2% YoY to ₹516 crore; revenue up 3%
📝 Centre signed pacts to start coal mining in Meghalaya after 10 years: CM
📝 Deutsche Bank CEO Says He May Shutter Units in Next Revamp
📝 KPI Green Energy signs agreement worth Rs 1,311 cr for 300 MWAC solar PV plant with Coal India
📝 STMicro Revenue Outlook Misses as Industrial Chip Slump Lingers
📝 Strong investor interest drives value mutual fund inflows to ₹22,757 cr in 2024
📝 Bira subsidiary to add pubs, brewery outlets; targets ₹200 cr revenue by FY26
📝 India to host DeepSeek on local servers to address privacy concerns: IT Minister
Business Standard :
📝 ARCs to see uptick in cumulative recovery rates in FY25 and 26: Crisil
📝 L&T wins big order for freight handling in gulf worth Rs 1,000-2,500 crore
📝 Prices of rice exported from India steady at 18-month low on muted demand
📝 Abu Dhabi fund ADQ, Orion team up to invest $1.2 bn in metals, mining
📝 Sugar industry has potential to increase its GDP share up to 3%: Gadkari
📝 Germany's GDP falls 0.2% in Dec qtr, recession fears return ahead of poll
📝 India braces for warmer Feb, wheat crop, rapeseed output may be at risk
📝 Dodla Dairy Q3FY25 results: Net profit rises 54% to Rs 63.56 crore
📝 Bajaj Finserv Q3 results: Profit up 3% at Rs 2,231 cr, net income drop 20%
📝 Wind industry seeks policy parity, infra support to meet energy goals
📝 Panasonic Life Solutions India acquires land parcel in Mumbai for Rs 160 cr
📝 Blueleaf Energy to invest $400 mn in Jakson Green's India solar assets
Economic Times :
📝 Air India enters into codeshare partnership with Kenya Airways
📝 JSW Energy revises capex to Rs 10,000 crore in FY '25
📝 RBI files application for insolvency proceedings against Aviom India Housing Finance
📝 Whirlpool Corporation plans to reduce holding in Indian arm to 20% by mid to late 2025
📝 Reliance & HUL’s new googly set to stump another market in India
📝 Airtel Africa Q3 net jumps over 11-fold on-yr to $169 mn on $94-mn exceptional gain, lower finance costs
📝 India Post Payments Bank and PNB MetLife partner to expand life insurance access nation wide
📝 Tata Steel doesn’t want growth at cost of debt: CFO Koushik Chatterjee
📝 RBI files application for insolvency proceedings against Aviom India Housing Finance
📝 McDonald’s to set up its first GCC in India
📝 Five Coal India arms, including SECL miss production target for Apr-Dec
Mint :
📝 Industrial & logistics leasing reaches all-time high in 2024, with Delhi-NCR, Bengaluru, and Kolkata leading
📝 Bharat Electronics Q3 Results: Net profit soars 47.3% YoY to ₹1316 crore
📝 Dabur India Q3 Results: Net profit rises 2% YoY to ₹516 crore; revenue up 3%
📝 Centre signed pacts to start coal mining in Meghalaya after 10 years: CM
📝 Deutsche Bank CEO Says He May Shutter Units in Next Revamp
📝 KPI Green Energy signs agreement worth Rs 1,311 cr for 300 MWAC solar PV plant with Coal India
📝 STMicro Revenue Outlook Misses as Industrial Chip Slump Lingers
📝 Strong investor interest drives value mutual fund inflows to ₹22,757 cr in 2024
📝 Bira subsidiary to add pubs, brewery outlets; targets ₹200 cr revenue by FY26
📝 India to host DeepSeek on local servers to address privacy concerns: IT Minister
MKT. UPDATES :
Nikkei +99 pts ,
Hangseng clsd ,
Dow +168.61 pts ,Nsdq +49.43 pts, S&P
+31.86 pts , Bovespa +3480 pts , Ftse +89 pts , Dax +89 pts , Cac +69 pts , Crude @ $73.13 brl (+0.40), Brent @ $76.87 brl (+0.00) , Gold @ 2830.50 (+7.70), Silver $32.735 (+0.00), Euro @ $1.039, JPY @ $154.05, INR @ 86.545
US GOVT. 10-YR YIELD : 4.54%
Today's Corporate Action,31 Jan Ex Date :
APTUS
Quarterly Results
CHOLAFIN
Quarterly Results
COLINZ
Quarterly Results
EQUITASBNK
Quarterly Results
GHCL
Quarterly Results
HYBRIDFIN
General;Quarterly Results
JYOTHYLAB
Quarterly Results
KTKBANK
Quarterly Results
LGBBROSLTD
Audited Results;Quarterly Results
MAHLIFE
Quarterly Results
MARICO
Quarterly Results;Interim Dividend
MEDPLUS
Quarterly Results
MHRIL
Quarterly Results
NESTLEIND
Quarterly Results
ONGC
Quarterly Results;Interim Dividend
POONAWALLA
Quarterly Results
SERIND
Quarterly Results
STEELCO
Quarterly Results
SUNCLAY
Quarterly Results
SUNPHARMA
Quarterly Results;Interim Dividend
SUPER
Quarterly Results
TEEAI
Quarterly Results
TUNITEX
Quarterly Results
Today's Key Results/Board Meetings, 31-Jan-25 :
ACGL
Interim Dividend - Rs. - 5.0000
ADISHAKTI
E.G.M.
COALINDIA
Interim Dividend
EMBASSY
Income Distribution RITES
EMERALD
Interim Dividend - Rs. - 0.0600
GOTHIPL
Interim Dividend - Rs. - 2.0000
IEX
Interim Dividend - Rs. - 1.5000
IGL
Bonus issue 1:1
JBMA
Stock Split From Rs.2/- to Rs.1/-
KIDUJA
Stock Split From Rs.10/- to Rs.1/-
MOHITE
Stock Split From Rs.10/- to Rs.1/-
PERSISTENT
Interim Dividend - Rs. - 20.0000
ROUTE
Interim Dividend
RSDFIN
E.G.M.
SENCO
Stock Split From Rs.10/- to Rs.5/-
SHRIRAMFIN
Interim Dividend - Rs. - 2.5000
TORNTPHARM
Interim Dividend - Rs. - 26.0000
SEC. IN F&O BAN FOR 31-JAN-2025 :
NIL...
ADDITION : NIL
DELETION : NIL
Today's Alert :
RBI to Conduct Auction of GOI BONDS for INR 300 BILLION
Nikkei +99 pts ,
Hangseng clsd ,
Dow +168.61 pts ,Nsdq +49.43 pts, S&P
+31.86 pts , Bovespa +3480 pts , Ftse +89 pts , Dax +89 pts , Cac +69 pts , Crude @ $73.13 brl (+0.40), Brent @ $76.87 brl (+0.00) , Gold @ 2830.50 (+7.70), Silver $32.735 (+0.00), Euro @ $1.039, JPY @ $154.05, INR @ 86.545
US GOVT. 10-YR YIELD : 4.54%
Today's Corporate Action,31 Jan Ex Date :
APTUS
Quarterly Results
CHOLAFIN
Quarterly Results
COLINZ
Quarterly Results
EQUITASBNK
Quarterly Results
GHCL
Quarterly Results
HYBRIDFIN
General;Quarterly Results
JYOTHYLAB
Quarterly Results
KTKBANK
Quarterly Results
LGBBROSLTD
Audited Results;Quarterly Results
MAHLIFE
Quarterly Results
MARICO
Quarterly Results;Interim Dividend
MEDPLUS
Quarterly Results
MHRIL
Quarterly Results
NESTLEIND
Quarterly Results
ONGC
Quarterly Results;Interim Dividend
POONAWALLA
Quarterly Results
SERIND
Quarterly Results
STEELCO
Quarterly Results
SUNCLAY
Quarterly Results
SUNPHARMA
Quarterly Results;Interim Dividend
SUPER
Quarterly Results
TEEAI
Quarterly Results
TUNITEX
Quarterly Results
Today's Key Results/Board Meetings, 31-Jan-25 :
ACGL
Interim Dividend - Rs. - 5.0000
ADISHAKTI
E.G.M.
COALINDIA
Interim Dividend
EMBASSY
Income Distribution RITES
EMERALD
Interim Dividend - Rs. - 0.0600
GOTHIPL
Interim Dividend - Rs. - 2.0000
IEX
Interim Dividend - Rs. - 1.5000
IGL
Bonus issue 1:1
JBMA
Stock Split From Rs.2/- to Rs.1/-
KIDUJA
Stock Split From Rs.10/- to Rs.1/-
MOHITE
Stock Split From Rs.10/- to Rs.1/-
PERSISTENT
Interim Dividend - Rs. - 20.0000
ROUTE
Interim Dividend
RSDFIN
E.G.M.
SENCO
Stock Split From Rs.10/- to Rs.5/-
SHRIRAMFIN
Interim Dividend - Rs. - 2.5000
TORNTPHARM
Interim Dividend - Rs. - 26.0000
SEC. IN F&O BAN FOR 31-JAN-2025 :
NIL...
ADDITION : NIL
DELETION : NIL
Today's Alert :
RBI to Conduct Auction of GOI BONDS for INR 300 BILLION
🇮🇳India Daybook Stocks in News
Subros: Net profit at Rs 32.9 cr vs Rs 28.6 cr, Revenue at Rs. 821 cr vs Rs 732 cr (YoY) (Positive)
S.J.S. Enterprises: Net profit at Rs 27.5 cr vs Rs 20.8 cr, Revenue at Rs. 179 cr vs Rs 160 cr (YoY) (Positive)
Pricol: Net profit at Rs 41.4 cr vs Rs 34 cr, Revenue at Rs. 616 cr vs Rs 557 cr (YoY) (Positive)
Aavas Financiers: Net profit at Rs 146 cr vs Rs 117 cr, Revenue at Rs. 512 cr vs Rs 437 cr (YoY) (Positive)
CARE: Net profit at Rs 28.4 cr vs Rs 23.9 cr, Revenue at Rs. 96.4 cr vs Rs 78.7 cr (YoY) (Positive)
Bajaj Holdings: Net profit at Rs 1748.0 cr vs Rs 1644.0 cr, Revenue at Rs. 158 cr vs Rs 132 cr (YoY) (Positive)
Waaree Energies: Net profit at Rs 3457 cr vs Rs 1596 cr, Revenue at Rs. 690 cr vs Rs 134 cr (Positive)
Parag Milk: Net profit at Rs 36 cr vs Rs 34 cr, Revenue at Rs. 690 cr vs Rs 134 cr (Positive)
IRCON: JV with AMRIL receives LoA for a project worth ₹631.2 cr, Ircon share ₹164 Cr (Positive)
Sahasra Electronic: Company announced the commencement of commercial operations at its new EMS facility in Bhiwadi, Rajasthan. (Positive)
Paramount Dye: Company announced the commencement of commercial operations at its new yarn manufacturing plant in Ludhiana, Punjab. (Positive)
Infosys: Company Unveils New Asset Liability Management Solution for Enhanced Risk and Exposure Oversight (Positive)
Wipro: Company Wins Multi-Million-Dollar Deal by Etihad Airways for It Transformation and Cost Optimization (Positive)
Esconet Technologies: Company has informed the Exchange about Receipt of Order from Bharat Electronics Limited worth Rs. 11 Crores. (Positive)
Torrent Power: Company gets certificate for 300 MW capacity commissioning from Gujarat Energy Development Agency (Positive)
Paradeep Phosphates: Company signed a memorandum of understanding with the Government of Odisha for Rs 4000 Crore investment over five years. (Positive)
Western Carriers: Company bags order worth ₹170 crore from Hindustan Zinc. (Positive)
ABB: Company invests big in India's electrification future. (Positive)
Zaggle: Company partners with Ekincare for Health & Wellness wallet (Positive)
Praj Industries: Net profit at Rs 41.1 cr vs Rs 70.4 cr, Revenue at Rs. 853 cr vs Rs 828.6 cr (YoY) (Neutral)
IGL: Bonus adjustment 1:1 today (Neutral)
JBM Auto: Stock Split from Rs.2/- to Rs.1/- (Neutral)
Greenlam: Net profit at Rs 12.5 cr vs Rs 25.5 cr, Revenue at Rs. 602 cr vs Rs 563 cr (YoY) Approval of 1:1 bonus shares and capital increase. (Neutral)
Phoenix Mills: Net profit at Rs 264.8 cr vs Rs 279.0 cr, Revenue at Rs. 975 cr vs Rs 986 cr (YoY) (Neutral)
Astral Ltd: Net profit at Rs 114 cr vs Rs 113.5 cr, Revenue at Rs. 1,397 cr vs Rs 1,370.2 cr (YoY) (Neutral)
Bank of Baroda: Net profit at Rs 4800 cr vs poll of Rs 4495 cr, NII at Rs. 11417 cr vs Rs 11973 cr (YoY) (Neutral)
L&T: Net profit at Rs 3359 cr vs poll Rs 3762 cr, Revenue at Rs. 64668 cr vs Rs 55128 cr (YoY) (Neutral)
Tata Consumer: Net profit at Rs 278.88 cr vs poll of Rs 278.87 cr, NII at Rs. 4444 cr vs Rs 3804 cr (YoY) (Neutral)
Ajanta Pharma: Net profit at Rs 233 cr vs Rs 200 cr, Revenue at Rs. 1146 cr vs Rs 1105 cr (YoY) (Neutral)
Hawkins Cookers: Net profit at Rs 21.2 cr vs Rs 19.7 cr, Revenue at Rs. 286 cr vs Rs 272 cr (YoY) (Neutral)
Jay Bharat Maruti: Net profit at Rs 3.85 cr vs Rs 6.5 cr, Revenue at Rs. 590 cr vs Rs 547 cr (YoY) (Neutral)
Jindal Steel: Net profit at Rs 950.88 cr vs Rs 1927.99 cr, Revenue at Rs. 11750 cr vs Rs 11701 cr (YoY) (Neutral)
Biocon: Profit down at Rs 81 Cr Vs Rs 753.3 Cr, Revenue at Rs 3,821.4 Cr Vs Rs 3,953.7 Cr (YoY) (Neutral)
Kalyan Jewellers: Net profit at Rs 218.8 cr vs Rs 180.6 cr, Revenue at Rs. 7286.8 cr vs Rs 5223 cr (YoY) (Neutral)
Shree Cement: Net profit at Rs 229 cr vs Rs 799 cr, Revenue at Rs. 4235.5 cr vs Rs 4873 cr (YoY) (Neutral)
Jindal Stainless: Net profit at Rs 654.3 cr vs Rs 692.3 cr, Revenue at Rs. 9907 cr vs Rs 9127 cr (YoY). (Neutral)
Concor: Net Profit at ₹366.7 Cr Vs ₹330.7 Cr, Revenue at ₹2,208.3 Cr Vs ₹2,210.6 Cr (YoY) (Neutral)
Subros: Net profit at Rs 32.9 cr vs Rs 28.6 cr, Revenue at Rs. 821 cr vs Rs 732 cr (YoY) (Positive)
S.J.S. Enterprises: Net profit at Rs 27.5 cr vs Rs 20.8 cr, Revenue at Rs. 179 cr vs Rs 160 cr (YoY) (Positive)
Pricol: Net profit at Rs 41.4 cr vs Rs 34 cr, Revenue at Rs. 616 cr vs Rs 557 cr (YoY) (Positive)
Aavas Financiers: Net profit at Rs 146 cr vs Rs 117 cr, Revenue at Rs. 512 cr vs Rs 437 cr (YoY) (Positive)
CARE: Net profit at Rs 28.4 cr vs Rs 23.9 cr, Revenue at Rs. 96.4 cr vs Rs 78.7 cr (YoY) (Positive)
Bajaj Holdings: Net profit at Rs 1748.0 cr vs Rs 1644.0 cr, Revenue at Rs. 158 cr vs Rs 132 cr (YoY) (Positive)
Waaree Energies: Net profit at Rs 3457 cr vs Rs 1596 cr, Revenue at Rs. 690 cr vs Rs 134 cr (Positive)
Parag Milk: Net profit at Rs 36 cr vs Rs 34 cr, Revenue at Rs. 690 cr vs Rs 134 cr (Positive)
IRCON: JV with AMRIL receives LoA for a project worth ₹631.2 cr, Ircon share ₹164 Cr (Positive)
Sahasra Electronic: Company announced the commencement of commercial operations at its new EMS facility in Bhiwadi, Rajasthan. (Positive)
Paramount Dye: Company announced the commencement of commercial operations at its new yarn manufacturing plant in Ludhiana, Punjab. (Positive)
Infosys: Company Unveils New Asset Liability Management Solution for Enhanced Risk and Exposure Oversight (Positive)
Wipro: Company Wins Multi-Million-Dollar Deal by Etihad Airways for It Transformation and Cost Optimization (Positive)
Esconet Technologies: Company has informed the Exchange about Receipt of Order from Bharat Electronics Limited worth Rs. 11 Crores. (Positive)
Torrent Power: Company gets certificate for 300 MW capacity commissioning from Gujarat Energy Development Agency (Positive)
Paradeep Phosphates: Company signed a memorandum of understanding with the Government of Odisha for Rs 4000 Crore investment over five years. (Positive)
Western Carriers: Company bags order worth ₹170 crore from Hindustan Zinc. (Positive)
ABB: Company invests big in India's electrification future. (Positive)
Zaggle: Company partners with Ekincare for Health & Wellness wallet (Positive)
Praj Industries: Net profit at Rs 41.1 cr vs Rs 70.4 cr, Revenue at Rs. 853 cr vs Rs 828.6 cr (YoY) (Neutral)
IGL: Bonus adjustment 1:1 today (Neutral)
JBM Auto: Stock Split from Rs.2/- to Rs.1/- (Neutral)
Greenlam: Net profit at Rs 12.5 cr vs Rs 25.5 cr, Revenue at Rs. 602 cr vs Rs 563 cr (YoY) Approval of 1:1 bonus shares and capital increase. (Neutral)
Phoenix Mills: Net profit at Rs 264.8 cr vs Rs 279.0 cr, Revenue at Rs. 975 cr vs Rs 986 cr (YoY) (Neutral)
Astral Ltd: Net profit at Rs 114 cr vs Rs 113.5 cr, Revenue at Rs. 1,397 cr vs Rs 1,370.2 cr (YoY) (Neutral)
Bank of Baroda: Net profit at Rs 4800 cr vs poll of Rs 4495 cr, NII at Rs. 11417 cr vs Rs 11973 cr (YoY) (Neutral)
L&T: Net profit at Rs 3359 cr vs poll Rs 3762 cr, Revenue at Rs. 64668 cr vs Rs 55128 cr (YoY) (Neutral)
Tata Consumer: Net profit at Rs 278.88 cr vs poll of Rs 278.87 cr, NII at Rs. 4444 cr vs Rs 3804 cr (YoY) (Neutral)
Ajanta Pharma: Net profit at Rs 233 cr vs Rs 200 cr, Revenue at Rs. 1146 cr vs Rs 1105 cr (YoY) (Neutral)
Hawkins Cookers: Net profit at Rs 21.2 cr vs Rs 19.7 cr, Revenue at Rs. 286 cr vs Rs 272 cr (YoY) (Neutral)
Jay Bharat Maruti: Net profit at Rs 3.85 cr vs Rs 6.5 cr, Revenue at Rs. 590 cr vs Rs 547 cr (YoY) (Neutral)
Jindal Steel: Net profit at Rs 950.88 cr vs Rs 1927.99 cr, Revenue at Rs. 11750 cr vs Rs 11701 cr (YoY) (Neutral)
Biocon: Profit down at Rs 81 Cr Vs Rs 753.3 Cr, Revenue at Rs 3,821.4 Cr Vs Rs 3,953.7 Cr (YoY) (Neutral)
Kalyan Jewellers: Net profit at Rs 218.8 cr vs Rs 180.6 cr, Revenue at Rs. 7286.8 cr vs Rs 5223 cr (YoY) (Neutral)
Shree Cement: Net profit at Rs 229 cr vs Rs 799 cr, Revenue at Rs. 4235.5 cr vs Rs 4873 cr (YoY) (Neutral)
Jindal Stainless: Net profit at Rs 654.3 cr vs Rs 692.3 cr, Revenue at Rs. 9907 cr vs Rs 9127 cr (YoY). (Neutral)
Concor: Net Profit at ₹366.7 Cr Vs ₹330.7 Cr, Revenue at ₹2,208.3 Cr Vs ₹2,210.6 Cr (YoY) (Neutral)
DLF LTD: Deepak Bakshi, Group Head - Health, Safety, Security and Environment, resigned from DLF Ltd on January 29, 2025, due to personal reasons. (Neutral)
NBCC, Phoenix, Solar Industries India and Torrent Power: F&O Inclusions from today (Neutral)
M&M: Board meeting will be held on Friday, 7th February, 2025 to inter alia, consider and approve the Financial Results of the Company. (Neutral)
JSW Steel: Completes Acquisition of Thyssenkrupp Electrical Steel India (Neutral)
JSW Energy: Company revises its capital expenditure or capex target for fiscal 2024-25 to Rs 10,000 crore. (Neutral)
Insurance Stocks: IRDAI caps premium hike for senior citizens at 10% (Neutral)
Tata Tech: Company has become aware of a ransomware incident that has affected a few of IT assets. (Neutral)
Heidelberg cement: Net profit at Rs 5.1 cr vs Rs 31.4 cr, Revenue at Rs. 543 cr vs Rs 607 cr (YoY)
Star cement: Net profit at Rs 9.0 cr vs Rs 74.0 cr, Revenue at Rs. 719 cr vs Rs 651 cr (YoY)
Coromandel: Net profit at Rs 507 cr vs Rs 659 cr, Revenue at Rs. 6935 cr vs Rs 7433 cr (YoY)
Goa Carbon: Net loss at Rs 8.3 cr vs profit Rs 34.6 cr, Revenue at Rs. 129 cr vs Rs 232 cr (YoY)
De Nora: Net loss at Rs 7.8 cr vs profit Rs 6.5 cr, Revenue at Rs. 1756 cr vs Rs 2939 cr (YoY)
NBCC, Phoenix, Solar Industries India and Torrent Power: F&O Inclusions from today (Neutral)
M&M: Board meeting will be held on Friday, 7th February, 2025 to inter alia, consider and approve the Financial Results of the Company. (Neutral)
JSW Steel: Completes Acquisition of Thyssenkrupp Electrical Steel India (Neutral)
JSW Energy: Company revises its capital expenditure or capex target for fiscal 2024-25 to Rs 10,000 crore. (Neutral)
Insurance Stocks: IRDAI caps premium hike for senior citizens at 10% (Neutral)
Tata Tech: Company has become aware of a ransomware incident that has affected a few of IT assets. (Neutral)
Heidelberg cement: Net profit at Rs 5.1 cr vs Rs 31.4 cr, Revenue at Rs. 543 cr vs Rs 607 cr (YoY)
Star cement: Net profit at Rs 9.0 cr vs Rs 74.0 cr, Revenue at Rs. 719 cr vs Rs 651 cr (YoY)
Coromandel: Net profit at Rs 507 cr vs Rs 659 cr, Revenue at Rs. 6935 cr vs Rs 7433 cr (YoY)
Goa Carbon: Net loss at Rs 8.3 cr vs profit Rs 34.6 cr, Revenue at Rs. 129 cr vs Rs 232 cr (YoY)
De Nora: Net loss at Rs 7.8 cr vs profit Rs 6.5 cr, Revenue at Rs. 1756 cr vs Rs 2939 cr (YoY)
News Headlines from Business News Agencies:
Business Standard
📝 Fiscal deficit for April-Dec at 56.7% of full-year target, shows data
📝 India's Jan Russian crude imports surge despite sanctions, but risks loom
📝 RBI injects $5.1 billion liquidity through oversubscribed FX swap auction
📝 Govt capex rose 8.2% from July-Nov 2024, led by defence, railways, roads
📝 Forex reserves increase $5.57 billion to $629.55 billion, shows data
📝 India Inc investments set to rebound as Economic Survey signals recovery
📝 PNB Q3FY25 results: Net profit rises 102% to Rs 4,508 cr, NII up 7.2%
📝 Mumbai sees highest Jan property registrations in 13 years: Knight Frank
📝 Give back entrepreneurs & households their time and mental bandwidth: CEA
📝 Net card spending rises 60% as credit card additions rise to 4-mth high
📝 Vedanta Q3 results: Net profit rises 76% to Rs 3,547 crore on higher income
📝 Lodha brothers agree to solve trademark dispute through mediation
Economic Times
📝 Ola Electric corners 25% mkt share in Jan, reclaims top spot in EV 2-wheelers
📝 India’s core sector output increases by 4% in December
📝 Governments emphasis on improving quality of life in rural areas: Economic Survey
📝 Captain Fresh raises Rs 250 crore in a pre-IPO funding round
📝 Indian cloud computing firm AceCloud to offer DeepSeek GenAI models
📝 Indian data centre market expected to grow to USD 11.6 billion by 2032: Economic Survey
📝 Bank of Baroda aims to double balance sheet in five years, CEO says
📝 Eco Survey administers a big dose of reality to Indian pharma
📝 Indian G-Sec bonds debut Bloomberg EM Index today
📝 Survey calls for tax breaks on EVs, subsidies on renewable energy for low-carbon lifestyles
📝 Indian solar module maker Waaree confident of US demand despite Trump policy worries, CEO says
Mint
📝 Amid Apple's record streak in India, iPhone sales in the country hit $10bn
📝 Sun Pharma Q3 results: Net profit up 15% YoY to ₹2,903.4 crore, revenue up 10%
📝 Orsted Replaces CEO after Failure to Turn Around Wind Firm
📝 Financial sector regulation must balance growth and stability: Economic Survey
📝 Economic Survey 2025: IBC nudging companies to resolve their distress early
📝 Real estate companies anticipate reforms in Budget 2025: Key themes
📝 Inox Wind Energy Q3 Results: Co posts ₹38.80 crore profit vs YoY loss
📝 Apple Intelligence officially rolling out to India in April, Tim Cook confirms
📝 Gaja Capital set to become first Indian PE firm to go public with ₹500 cr IPO
📝 Japan’s underlying inflation still slightly below target, BOJ governor says.
Business Standard
📝 Fiscal deficit for April-Dec at 56.7% of full-year target, shows data
📝 India's Jan Russian crude imports surge despite sanctions, but risks loom
📝 RBI injects $5.1 billion liquidity through oversubscribed FX swap auction
📝 Govt capex rose 8.2% from July-Nov 2024, led by defence, railways, roads
📝 Forex reserves increase $5.57 billion to $629.55 billion, shows data
📝 India Inc investments set to rebound as Economic Survey signals recovery
📝 PNB Q3FY25 results: Net profit rises 102% to Rs 4,508 cr, NII up 7.2%
📝 Mumbai sees highest Jan property registrations in 13 years: Knight Frank
📝 Give back entrepreneurs & households their time and mental bandwidth: CEA
📝 Net card spending rises 60% as credit card additions rise to 4-mth high
📝 Vedanta Q3 results: Net profit rises 76% to Rs 3,547 crore on higher income
📝 Lodha brothers agree to solve trademark dispute through mediation
Economic Times
📝 Ola Electric corners 25% mkt share in Jan, reclaims top spot in EV 2-wheelers
📝 India’s core sector output increases by 4% in December
📝 Governments emphasis on improving quality of life in rural areas: Economic Survey
📝 Captain Fresh raises Rs 250 crore in a pre-IPO funding round
📝 Indian cloud computing firm AceCloud to offer DeepSeek GenAI models
📝 Indian data centre market expected to grow to USD 11.6 billion by 2032: Economic Survey
📝 Bank of Baroda aims to double balance sheet in five years, CEO says
📝 Eco Survey administers a big dose of reality to Indian pharma
📝 Indian G-Sec bonds debut Bloomberg EM Index today
📝 Survey calls for tax breaks on EVs, subsidies on renewable energy for low-carbon lifestyles
📝 Indian solar module maker Waaree confident of US demand despite Trump policy worries, CEO says
Mint
📝 Amid Apple's record streak in India, iPhone sales in the country hit $10bn
📝 Sun Pharma Q3 results: Net profit up 15% YoY to ₹2,903.4 crore, revenue up 10%
📝 Orsted Replaces CEO after Failure to Turn Around Wind Firm
📝 Financial sector regulation must balance growth and stability: Economic Survey
📝 Economic Survey 2025: IBC nudging companies to resolve their distress early
📝 Real estate companies anticipate reforms in Budget 2025: Key themes
📝 Inox Wind Energy Q3 Results: Co posts ₹38.80 crore profit vs YoY loss
📝 Apple Intelligence officially rolling out to India in April, Tim Cook confirms
📝 Gaja Capital set to become first Indian PE firm to go public with ₹500 cr IPO
📝 Japan’s underlying inflation still slightly below target, BOJ governor says.
📢 Budget 2025 LIVE Update 📢
📜 New Income Tax Bill to be clear, with half the present laws – FM
🏡 Personal income tax reforms to focus on the middle class – FM
📊 TDS to be rationalized by reducing the number of rates & thresholds – FM
💰 Key Personal Tax Changes:
🔹 TDS threshold on rent increased to ₹6 lakh per year from ₹4.2 lakh
🎓 TCS on education remittance from loans removed
👴 Tax deduction limit for senior citizens doubled to ₹1 lakh
🌍 Threshold for TCS on LRS remittances raised to ₹10 lakh from ₹7 lakh
No income tax upto 12 lacs
4.4% FISCAL DEFICIT FY26 BE NET MARKET BORROWINGS 11.54 LK CRS FY26
14.8 LK CR GROSS MARKET BORROWINGS FY26
Budget numbers of G-Sec market
GROSS BORROWING SEEN AT 14.82 TRLN RUPEES
AIMS TO RAISE 500 BLN RUPEES VIA CASH MANAGEMENT BILLS
GOVT TO SWITCH BONDS WORTH 2.5 TRLN RUPEES IN 2025-26
NET BORROWING SEEN AT 11.54 TRLN RUPEES
FY26 FISCAL DEFICIT SEEN AT 4.4% OF GDP
FY25 FISCAL DEFICIT TARGET REVISED TO 4.8% OF GDP VS BUDGETED 4.9%
📜 New Income Tax Bill to be clear, with half the present laws – FM
🏡 Personal income tax reforms to focus on the middle class – FM
📊 TDS to be rationalized by reducing the number of rates & thresholds – FM
💰 Key Personal Tax Changes:
🔹 TDS threshold on rent increased to ₹6 lakh per year from ₹4.2 lakh
🎓 TCS on education remittance from loans removed
👴 Tax deduction limit for senior citizens doubled to ₹1 lakh
🌍 Threshold for TCS on LRS remittances raised to ₹10 lakh from ₹7 lakh
No income tax upto 12 lacs
4.4% FISCAL DEFICIT FY26 BE NET MARKET BORROWINGS 11.54 LK CRS FY26
14.8 LK CR GROSS MARKET BORROWINGS FY26
Budget numbers of G-Sec market
GROSS BORROWING SEEN AT 14.82 TRLN RUPEES
AIMS TO RAISE 500 BLN RUPEES VIA CASH MANAGEMENT BILLS
GOVT TO SWITCH BONDS WORTH 2.5 TRLN RUPEES IN 2025-26
NET BORROWING SEEN AT 11.54 TRLN RUPEES
FY26 FISCAL DEFICIT SEEN AT 4.4% OF GDP
FY25 FISCAL DEFICIT TARGET REVISED TO 4.8% OF GDP VS BUDGETED 4.9%