Page 6 - Latest News
 "Tata Power Co. Q1 FY22 PAT grows 74% to Rs 466 cr, hits 52-week high")
Manufacturing PMI slides to 14-month low in Feb as production plummets
However, the survey noted that despite slowing to the weakest level since December 2023, the rates of expansion in output and sales remained elevated in the context of the survey's 20-year history
 "Manufacturing PMI slides to 14-month low in Feb as production plummets")
Our farm machinery sales to hit Rs 1,000 cr in FY25: M&M's Hemant Sikka
We are clearly seeing this macro trend play out over the last 15-20 years
 "Our farm machinery sales to hit Rs 1,000 cr in FY25: M&M's Hemant Sikka")
IT stocks: Nifty IT index slips over 2% on fears of slowing US economy
At 9:57 AM, the Nifty IT index was trading lower by 2.30 per cent, at 39,612. It touched an intra-day low of 39,465.75 during the session so far.
 "IT stocks: Nifty IT index slips over 2% on fears of slowing US economy")
Pak's Punjab govt uses artificial rain in cities to combat pollution
According to the provincial health department, around two million cases of respiratory disease, besides complaints of asthma, chest infections, conjunctivitis and heart issues, have been reported
 "Pak's Punjab govt uses artificial rain in cities to combat pollution")
Mass murder in Kerala: Man kills 5, including family, over mystery feud
A 23-year-old man in Kerala allegedly killed five people, including his family members, before confessing to the police. Critically injured mother of the perpetrator fights for her life
Why this recently-listed SME stock jumped over 6% today? Details here
CLN Energy shares rallied after it received an export order worth Rs 43 crore ($5 million) to supply Lithium-ion batteries and other items to a Singapore-based multinational company
 "Why this recently-listed SME stock jumped over 6% today? Details here")
Ambani and Adani announce Rs 50,000 crore investment in Assam at summit
Advantage Assam 2.0 Summit: This announcement comes a day after Adani announced a Rs 2.1 trillion investment in Madhya Pradesh during the Madhya Pradesh Global Investors Summit in Bhopal
 "Ambani and Adani announce Rs 50,000 crore investment in Assam at summit")
Need a serious fall in Indian markets before I start buying
I do not like to buy markets that are making all-time highs. As a rule, if the markets are correcting and investor are not worried, I do not buy, Jim Rogers said.
Financial Economics discussion between India-UK in London
The UK-India Infrastructure Financing Bridge (UKIIFB), agreed during the UK Economic and Financial Dialogue (EFD) in September last year, has now been operationalised
 "Financial Economics discussion between India-UK in London")
Nykaa Q3 FY25 results: Net profit rises 61% to Rs 26 crore, revenue up 27%
Nykaa Q3 FY25 results: Sequentially Nykaa's net profit skyrocketed 160% from Rs 10 crore
 "Nykaa Q3 FY25 results: Net profit rises 61% to Rs 26 crore, revenue up 27%")
GIFT City spillover boosts Ahmedabad's rise as a trading hub, shows data
Share of stock market activity of A'bad up 10x since FY20
 "GIFT City spillover boosts Ahmedabad's rise as a trading hub, shows data")
Global pharma eyes India's obesity mkt, but weight-loss drugs face hurdles
These drugs belong to a class known as glucagon-like peptide receptor agonists (GLP-1RAs), which mimic a natural hormone that helps regulate blood sugar and appetite
 "Global pharma eyes India's obesity mkt, but weight-loss drugs face hurdles")
Tesla begins hiring in India, signals entry pla
The electric-vehicle maker sought candidates for 13 roles, including customer-facing and back-end jobs, according to advertisements on Monday on its LinkedIn page
Tesla begins hiring in India, signals entry plans after PM Modi's US trip
The electric-vehicle maker sought candidates for 13 roles, including customer-facing and back-end jobs, according to advertisements on Monday on its LinkedIn page
Trade deficit widens to $22.99 bn in January, exports down at $36.43 bn
Merchandise exports in January stood at $36.43 billion compared with $38.01 billion in December, while imports for the month were $59.42 billion. In December, imports were at $59.95 billion
Profit booking leading FIIs to sell Indian equities: FM Sitharaman
Speaking to reporters in the financial capital, Sitharaman said the Indian economy is one where the investors are bagging better returns which leads to profit booking
 "Profit booking leading FIIs to sell Indian equities: FM Sitharaman")
Boosted by pli scheme, India's smartphone exports hit record Rs 1.5 trn
Smartphone exports during the 10 months leading up to January were 56 per cent higher than the Rs 991.2 billion recorded in the same period of FY24
 "Boosted by pli scheme, India's smartphone exports hit record Rs 1.5 trn")
GlaxoSmithKline hits 20% upper circuit on posting 400% jump in Q3 PAT
The company posted a multifold jump per cent in consolidated net profit to Rs 230 crore as compared to Rs 46 crore a year ago
 "GlaxoSmithKline hits 20% upper circuit on posting 400% jump in Q3 PAT")
Will Sensex fall another 1,500pts this week, Nifty test 22,500? Chart check
The BSE Sensex has near key support at 75,150, below which a dip towards 74,400 seems likely. Technical chart shows the Nifty 50 index seems headed towards the 20-month moving average.
