Industry News

Compensation paid by companies to independent director continues to rise

Steady growth in the number of companies paying a sitting fee of Rs 100,000 or more per board meet

Pushpa 2 to become India's fastest film to gross Rs 1,000 cr at box office

This success comes as a relief for the industry after theatres in the country were faced with the challenge of few films working well at the box office

Zomato Q1 results: Net profit up at Rs 253 crore as Blinkit serves growth

Zomato's revenue surged 74 per cent to Rs 4,206 crore in the quarter, beating analysts' estimates of Rs 3,928 crore, per LSEG data

Power consumption up by 3.5% to 145.4 bn units in July amid rainfall

The highest supply in a day (peak power demand met) also rose to 226.63GW in July 2024 against 208.95 GW in the year-ago month

Aircraft engine part found outside Delhi airport; DGCA orders probe

When contacted, an Air India Express spokesperson said its flight IX 145 encountered an engine issue after takeoff from Delhi on September 2

Karnataka govt retracts order against SBI, PNB after Rs 22.67 cr repayment

In August, the Karnataka government issued a directive to all departments, boards, corporations, universities, local authorities, and PSUs to discontinue ties with the two banks

Panchayat Season 3 now out on Prime: Here is how you can stream it for free

Panchayat 3 Release: The third season of the widely acclaimed series Panchayat, premiered on Tuesday, May 28

Modernisation of SCL fab plant likely to cost govt Rs 20,000 crore

The government has offered two models to those showing an interest in setting up the fab plant

Budget and Industry:Stock Market Highlights, July 11: Mid, small-caps out

Stock Market Highlights on Thursday, July 11, 2024: The BSE Sensex ended at session 27 points lower at 79,897, while the Nifty50 closed at 24,316, down 8.5 points

ADB keeps India's GDP growth projection for FY25 unchanged at 7%

Projection must be weighed against 'downside risks from weather events and geopolitical shocks', it says

June quarter corporate earnings season (Q1-FY25),

June quarter corporate earnings season (Q1-FY25), too, analysts suggest, is likely to see stock specific moves and have some bearing on the overall market sentiment.

Income tax rate cut, sops for PSUs: Brokerage expectations from Modi 3.0 budget

Expectations (as measured by pre-budget equity market performance), wrote analysts at Morgan Stanley in a note, are important in determining what the market does immediately after the budget

Jigar S Patel of Anand Rathi recommends buying these three stocks today

Over the past few weeks, Aether has shown a consistent uptrend by forming higher highs and higher lows, which is a positive indicator of its market performance

AMCs look strong but high valuations risk sharper fall in downturns

Companies have strong cash conversion, predictability and growth runway

Titagarh Rail, RK Forgings surge up to 8%, hit new highs on strong outlook

Ramkrishna Forgings surged 8% to Rs 968.95 and TRSL soared 7% to Rs 1,689.95 in the intraday trade today

ONDC likely to start levying small user charges on each transaction

The charges may have to be paid by either the seller, or the buyer, or both

Non-bailable warrant issued against ex-CM Yediyurappa in POCSO case

Charges against the former Karnataka CM stem from a complaint filed by the mother of a 17-year-old girl, alleging that Yediyurappa sexually assaulted her daughter during a meeting at his residence

Skin in the game: MFs have bet over Rs 80,000 cr on their own schemes

This has meant that the share of total assets has fallen to 1.8 per cent in March 2023 from 3.4 per cent in March 2019 as seen in chart 1 (click image for interactive chart).

TMS Ep433: K'taka elections, foreign education

Here is how you can stream it for free

teqasd asdf asd fasdf asdf as

as fasdft asdf asdf