India will develop and release 6G before anyone else: Commerce and Industry Minister Piyush Goyal
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Moneycontrol
India will develop and release 6G before anyone else: Commerce and Industry Minister Piyush Goyal
The commerce and industry minister also noted that the country was hoping to become the third largest economy within the next three years
Hindustan Zinc in discussions with govt to split company: CEO Arun Misra
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Moneycontrol
Hindustan Zinc in discussions with govt to split company: CEO Arun Misra
Hindustan Zinc said its revenue from operations grew 21% to 80.04 billion rupees, also beating expectations for 79.99 billion rupees
Waaree Energies raises Rs 1,277 crore via anchor book, IPO opens on October 21.
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Moneycontrol
Waaree Energies raises Rs 1,277 crore via anchor book, IPO opens on October 21
Waaree Energies IPO | The Mumbai-based company has finalised allocation of 84,95,887 equity shares to anchor investors at a price of Rs 1,503 per share.
#EarningsWithMC |π»UltraTech Cement Q2 net profit falls 36% to Rs 820 crore as sales slowdown hits prices, margins; misses expectations π
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Moneycontrol
UltraTech Cement Q2 net profit falls 36% to Rs 820 crore as sales slowdown hits prices, margins; misses expectations
UltraTech Cement Q2 FY25 Results: Net profit fell 36 percent to Rs 820 crore, missing estimates by a wide margin. Brokerages had expected a demand slowdown to weigh on earnings.
#MarketsWithMC | Sensex, Nifty struggle for direction; IT, FMCG weigh heavy while auto stocks offer reliefπΊ
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Moneycontrol
Sensex flatlines, Nifty ends below 24,800 amid heightened volatility
The indices have been in consolidation mode for several sessions under the weight of China stimulus hopes, continuous FII selling, geopolitical uncertainty, and weaker-than-expected Q2 FY25 earnings.
#EarningsWithMC | Hindustan Unilever Q2 Preview: Flat earnings likely amid high commodity costs, muted demand π
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Moneycontrol
Hindustan Unilever Q2 Preview: Flat earnings likely amid high commodity costs, muted demand
According to a Moneycontrol poll of seven brokerages, Hindustan Unilever is likely to report a revenue growth higher by 4.4 percent on-year, at Rs 15,694 crore.
π»Decline in default rates in infrastructure sector boosted investorsβ confidence: RBI Bulletin
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Moneycontrol
Decline in default rates in infrastructure sector boosted investorsβ confidence: RBI Bulletin
Corporate bond issuances were Rs 79,856 crore during August 2024 as compared with Rs 49,329 crore a year ago
99% of consumer complaints have been resolved, says Ola
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Moneycontrol
99% of consumer complaints have been resolved, says Ola
Ola Electric responded to the CCPA notice and informed via a stock exchange filing that out of the 10,644 consumer complaints highlighted by the authority, 99.1 percent have already been resolved
π¨Ambuja Cements to acquire 37.9% stake in Orient Cement from promoters.
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Moneycontrol
Ambuja Cements to acquire 37.9% stake in Orient Cement from promoters
Ambuja Cements will acquire 37.9 percent equity stake in Orient Cement from the promoters, and will then also launch an open offer to acquire up to 26 percent equity from public shareholders.
#MarketsWithMC | India's F&O volume leadership a 'crown we should not wear', says Sebi's Ashwani Bhatia
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Moneycontrol
India's F&O volume leadership a 'crown we should not wear', says Sebi's Ashwani Bhatia
Bhatia adviced first-time retail investors to enter the stock market through the mutual fund route or through direct investing, instead of the futures and options route.