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moneycontrol.com
https://www.moneycontrol.com/news/business/companies/leading-auto-companies-tata-motors-m-m-to-get-incentives-worth-rs-246-crore-under-pli-scheme-12902127.html
Leading auto companies Tata Motors, M&M to get incentives worth Rs 246 crore under PLI scheme
As part of the PLI scheme, incentives of 13-18 per cent are offered for components related to EVs and hydrogen fuel cells, while other Advanced Automotive Technology (AAT) components receive incentives of 8 per cent and 13 per cent..Related stories.
Leading automotive companies Mahindra & Mahindra as well as Tata Motors are set to recieve incentives worth Rs 246 crore for FY24, likely to be paid during Q4FY25, as claimed under the PLI scheme. Shares of auto companies were sharply higher on January 2, riding on strong sales growth in December as well as the PLI ben...
2025-01-02 15:48
2025-01-02
15:48
moneycontrol.com
https://www.moneycontrol.com/news/business/vivo-to-launch-its-first-mixed-reality-headset-in-2025-all-the-details-12902150.html
Vivo to launch its first mixed-reality headset in 2025: All the details
AR headset.
Vivo has announced plans to compete in the mixed-reality headset market by announcing the release of its new virtual reality headset in 2025. The company will most likely use Android XR OS for this device and aims to offer a better experience than the Apple Vision Pro. Chinese electronics giant Vivo is all set to enter...
2025-01-02 15:46
2025-01-02
15:46
moneycontrol.com
https://www.moneycontrol.com/news/india/lalu-yadav-cooks-up-a-storm-in-bihar-doors-open-for-nitish-kumar-to-rejoin-mahagathbandhan-12902181.html
Lalu Yadav cooks up a storm in Bihar: 'Doors open for Nitish Kumar to rejoin Mahagathbandhan'
The association between Lalu Prasad Yadav and Nitish Kumar goes back to the days of the JP movement in the 1970s. (File Photo: PTI).Related stories.
Ahead of the Bihar Assembly elections slated to be held later this year, Rashtriya Janata Dal supremo and former Bihar Chief Minister Lalu Prasad Yadav dropped a bombshell when he said he was ready to welcome incumbent Chief Minister and JD(U) national president Nitish Kumar back to the Mahagathbandhan fold. "Nitish Ku...
2025-01-02 15:46
2025-01-02
15:46
moneycontrol.com
https://www.moneycontrol.com/news/opinion/new-orleans-terror-strike-may-have-ripple-effects-12902167.html
New Orleans terror strike may have ripple effects
15 people have been killed while almost 40 have been injured in an attack in New Orleans on Jan 1..Related stories.
Millions of ‘happy new year’ messages were exchanged between family and friends across the globe as 2025 was being ushered in but the New Year has got off to an unhappy start. One that is inauspicious but alas, predictable. The terror virus that kills innocent citizens struck again - this time in New Orleans, US, where...
2025-01-02 15:41
2025-01-02
15:41
moneycontrol.com
https://www.moneycontrol.com/news/business/markets/bull-party-on-d-street-sensex-jumps-1-500-pts-to-reclaim-80-000-nifty-hits-24-200-as-it-auto-stocks-surge-12902116.html
Bull party on D-Street: Sensex jumps 1,400 pts to close near 80k, Nifty above 24,150 as IT, auto stocks surge
Eicher Motors, Bajaj Finserv, Bajaj Finance, Maruti Suzuki, and Shriram Finance were the top gainers on the Nifty..Related stories.
Benchmark indices Nifty and Sensex roared on January 2, notching their biggest single-day rally since November 22, 2024. Driving this surge were auto stocks, fueled by stellar December sales, and a bullish IT sector outlook that injected a fresh dose of optimism into the markets. Today's gain has added a massive Rs 6.1...
2025-01-02 15:36
2025-01-02
15:36
moneycontrol.com
https://www.moneycontrol.com/news/business/apollo-green-in-talks-with-foreign-players-for-green-hydrogen-tech-12902072.html
Apollo Green in talks with foreign players for clean hydrogen tech
File photo.Related stories.
IPO-bound Apollo Green Energy is in talks with international players for green hydrogen technology to expand its renewable portfolio given its target to achieve a Rs 10,000 crore project pipeline this year, Chief Executive Officer Sanjay Gupta told Moneycontrol in an exclusive interview. Apollo Green, which provides en...
2025-01-02 15:35
2025-01-02
15:35
moneycontrol.com
https://www.moneycontrol.com/news/business/markets/jubilant-food-stock-hits-3-year-high-brokerage-firms-optimistic-about-margin-recovery-in-near-term-12901971.html
Jubilant Food stock hits 3-year high; brokerages optimistic about margin recovery in near-term
Brokerage firms reveal brighter outlook for Jubilant Food with margin recovery.Related stories.
The stock of Jubilant Foodworks Ltd. have hit a 3-year high today, up by 1.89 percent, following latest outlook by brokerage firm reports. It is currently trading at Rs 753.20, and trading volume is currently at 1,610,760 shares. In a report by Kotak Securities, the brokerage firm highlighted that Jubilant is doubling ...
2025-01-02 15:30
2025-01-02
15:30
moneycontrol.com
https://www.moneycontrol.com/news/business/markets/force-motors-shares-rise-over-10-as-firm-bags-order-for-2-429-units-of-diesel-ambulance-12902154.html
Force Motors shares rise over 10% as firm bags order for 2,429 units of diesel ambulance
Force Motors shares rise over 10% as firm bags order for 2,429 units of diesel ambulance.
Force Motors shares rose over 10% on January 2 as the company bags order for 2,429 units of diesel ambulance to Health & Family Welfare Dept, Uttar Pradesh. The nature of the contract is manufacturing and supply of 2,429 units of BSVI Diesel Ambulance and the contract is to executed by March 2025, said Force Motors in ...
2025-01-02 15:16
2025-01-02
15:16
moneycontrol.com
https://www.moneycontrol.com/news/business/ipo/indo-farm-equipment-ipo-subscription-status-today-day-3-issue-subscribed-fully-niis-qibs-retail-indo-farm-gmp-status-today-12902114.html
Indo Farm Equipment IPO subscription soars to 200 times on Day 3 so far; NIIs, QIBs lead amid strong GMP
Indo Farm Equipment IPO subscription soars on Day 3 of bidding so far; NIIs, QIBs lead amid strong GMP.Related stories.
Indo Farm Equipment IPO continues to garner robust subscription on day 3 of bidding amid strong investors participation. The initial public offer ofIndo Farm Equipment Ltdreceived 200 times subscription on the final day of bidding on Thursday. The initial share sale got bids for 168 crore shares against 84.70 lakh shar...
2025-01-02 15:14
2025-01-02
15:14
moneycontrol.com
https://www.moneycontrol.com/news/india/manu-bhakar-d-gukesh-harmanpreet-singh-and-praveen-kumar-to-be-honoured-with-major-dhyan-chand-khel-ratna-award-12902128.html
Manu Bhakar, D Gukesh, Harmanpreet Singh and Praveen Kumar to be honoured with Major Dhyan Chand Khel Ratna Award
Manu Bhaker.
The Ministry of Youth Affairs and Sports announced on Thursday that Major Dhyan Chand Khel Ratna Award -- the country's highest sporting honour -- will be conferred on Olympic double medalist Manu Bhaker, Chess World Champion Gukesh D, Hockey team captain Harmanpreet Singh and Paralympic Gold medallist Praveen Kumar. T...
2025-01-02 15:04
2025-01-02
15:04
moneycontrol.com
https://www.moneycontrol.com/news/india/768-pedestrians-killed-in-bengaluru-in-3-years-karnataka-yet-to-table-active-mobility-bill-12902123.html
768 pedestrians killed in Bengaluru in 3 years, Karnataka yet to table Active Mobility Bill
An online petition on Jhatkaa.org titled ‘Pass the Active Mobility Bill: Make Karnataka Walking and Cycling-Friendly’ has garnered 5,430 signatures..Related stories.
Pedestrians remain vulnerable on Bengaluru’s roads, with 768 fatalities reported in the last three years. India's tech capital recorded 248 pedestrian deaths in 2022, 287 in 2023, and 233 in 2024 due to road crashes. Traffic police officials said in a statement they have implemented measures to identify and rectify acc...
2025-01-02 15:02
2025-01-02
15:02
moneycontrol.com
https://www.moneycontrol.com/technology/lg-gram-laptops-with-ai-features-unveiled-ahead-of-ces-2025-article-12902106.html
LG Gram laptops with AI features unveiled ahead of CES 2025
LG Gram.Related stories.
LG has unveiled its new generation of Gram laptops ahead of CES 2025. The new models including the Gram Pro, Gram Pro 2-in-1, Gram, and Gram Book. The laptops come with LG's advanced gram AI technology. The 2025 gram laptops are powered by Intel’s next-generation processors, They promise to offer improved performance o...
2025-01-02 15:01
2025-01-02
15:01
moneycontrol.com
https://www.moneycontrol.com/news/business/indian-states-fundraising-may-get-expensive-amid-record-borrowing-investors-say-12902112.html
Indian states' fundraising may get expensive amid record borrowing, investors say
State governments are responsible for a considerable share of total government spending, which has led to an increase in borrowing over the last few years..
Indian states will have to pay an additional premium over central government securities to meet their record high borrowing target for the three months through March, which could further pressure banking liquidity conditions, investors said on Thursday. BY THE NUMBERS States aim to raise 4.73 trillion rupees ($55.22 bi...
2025-01-02 14:53
2025-01-02
14:53
moneycontrol.com
https://www.moneycontrol.com/news/business/committed-to-smooth-transition-for-residents-say-developers-of-nargis-dutt-nagar-slum-project-12902110.html
Committed to smooth transition for residents, say developers of Nargis Dutt Nagar slum project
Still in talks with locals, authorities over Nargis Dutt Nagar slum project, committed to smooth transition, say developers (Representational image).Related stories.
A consortium of developers who are taking up the potentially-lucrative Nargis Dutt Nagar slum rehabilitation project in Bandra (West) said that they remain in talks with locals, and authorities such as local elected officials and the Slum Rehabilitation Authority (SRA) in order to ensure a smooth transition for locals....
2025-01-02 14:48
2025-01-02
14:48
moneycontrol.com
https://www.moneycontrol.com/news/india/centre-preparing-to-implement-revoked-farm-laws-through-backdoor-arvind-kejriwal-12902137.html
Centre preparing to implement revoked farm laws through backdoor: Arvind Kejriwal
AAP chief Arvind Kejriwal.Related stories.
AAP convener Arvind Kejriwal on Thursday said the BJP would be responsible ”if something happens” to the protesting farmers in Punjab who are on an indefinite fast over a set of demands, including a legal guarantee on MSP. Kejriwal, in a post on X, also claimed that the Centre is preparing to implement the now-revoked ...
2025-01-02 14:44
2025-01-02
14:44
moneycontrol.com
https://www.moneycontrol.com/news/business/economy/working-group-set-up-for-wholesale-price-index-revision-mapping-roadmap-for-new-series-12902118.html
Working group set up for Wholesale Price Index revision, mapping roadmap for new series
Committee setup for WPI revision.Related stories.
The government has set up a working group to revise the Wholesale Price Index base year to 2022-23 from 2011-12 and bring it in line with other economic data. The Niti Aayog member Ramesh Chand-led working group will also recommend changes to the price collection mechanism and computational methodology. The 18-member g...
2025-01-02 14:42
2025-01-02
14:42
moneycontrol.com
https://www.moneycontrol.com/news/currency/india-rupee-onshore-ndf-arbitrage-widens-new-all-time-low-in-sight-12902111.html
India rupee onshore-NDF arbitrage widens, new all-time low in sight
The dollar index, hovering at its highest in more than two years, is currently well supported amid expectations that U.S. President Donald Trump will raise trade tariffs..
The heavy demand for the U.S. dollar in the non-deliverable forward (NDF) market had widened the arbitrage with the Indian onshore market, putting more strain on the rupee and sending it just shy of another lifetime low, traders said on Thursday. The rupee declined to 85.7900 per U.S. dollar, not far off the all-time l...
2025-01-02 14:38
2025-01-02
14:38
moneycontrol.com
https://www.moneycontrol.com/news/business/moneycontrol-pro-panorama-the-retail-revolution-12901899.html
Moneycontrol Pro Panorama | The retail revolution
The total number of retail investors crossed 10 crore in August 2024..Related stories.
Dear Reader, The Panorama newsletter is sent to Moneycontrol Pro subscribers on market days. It offers easy access to stories published on Moneycontrol Pro and gives a little extra by setting out a context or an event or trend that investors should keep track of. The remarkable rise of retail investors in India's equit...
2025-01-02 14:34
2025-01-02
14:34
moneycontrol.com
https://www.moneycontrol.com/technology/tiktok-or-tick-tock-china-s-short-video-craze-may-be-on-the-wane-article-12902024.html
TikTok or Tick, Tock? China’s short video craze may be on the wane
TikTok.
Remember when TikTok’s Chinese sibling, Douyin, and other platforms like Kuaishou and WeChat dominated screens across China? Well, those days might be coming to an end. For the first time, the number of users on these short video platforms has dropped—and not just by a little. Between December 2023 and mid-2024, the us...
2025-01-02 14:01
2025-01-02
14:01
moneycontrol.com
https://www.moneycontrol.com/news/business/personal-finance/g-secs-may-retain-the-shine-in-2025-but-equities-likely-to-slow-down-say-fixed-income-experts-12902042.html
G-Secs may retain the shine in 2025, but equities likely to slow down, say fixed-income experts
The Monetary Policy in 2024 remained tight with high real rates..Related stories.
The year gone by saw India's benchmark stock exchanges soaring around 8 percent, but the earnings may slow down in 2025 in the face of unabated geopolitical concerns and an anticipated hit to equities from the tariff plans awaiting to be unleashed by US President-elect Donald Trump. The spotlight, therefore, could now ...
2025-01-02 13:58
2025-01-02
13:58
moneycontrol.com
https://www.moneycontrol.com/news/business/startup/zepto-streamlines-structure-ahead-of-ipo-with-new-marketplace-entity-12901986.html
Zepto streamlines structure ahead of IPO with new marketplace entity
Zepto co-founders Aadit Palicha (L), and Kaivalya Vohra (R).Related stories.
Zepto, the quick-commerce unicorn, has set up a new entity, Zepto Marketplace Private Limited, to simplify its operations ahead of its IPO later this year, according to sources familiar with the development. The company currently operates under a business-to-business (B2B) model. Its Indian arm, Kiranakart Technologies...
2025-01-02 13:55
2025-01-02
13:55
moneycontrol.com
https://www.moneycontrol.com/news/business/markets/hyundai-india-unveils-creta-electric-to-be-offered-in-four-variants-shares-rise-2-12902036.html
Hyundai India announces CRETA Electric, to be offered in four variants; shares rise 2%
Hyundai India announces CRETA Electric, to be offered in four variants; shares rise 2%.Related stories.
Hyundai Motor India on January 2 unveiled the Hyundai CRETA Electric following which the firm's shares rose over 2%. "This groundbreaking electric SUV combines bold design, cutting-edge technology, and unparalleled safety to set new benchmarks in India’s EV market. Designed to lead, the Hyundai CRETA Electric promises ...
2025-01-02 13:50
2025-01-02
13:50
moneycontrol.com
https://www.moneycontrol.com/news/world/video-shows-new-orleans-attack-suspect-dodging-police-barricade-before-crashing-into-crowd-12902023.html
Video shows New Orleans attack suspect dodging police barricade before crashing into crowd
Witnesses allege that the barricades put in place were not sufficient (Image: Screengrab/X).
Multiple videos of the deadly New Orleans attack have surfaced on social media. The suspect in the attack has been identified as Shamsud-Din Jabbar, 42, a US citizen from Texas, who was killed in a firing with police after ramming the crowd. Wednesday’s attack, wherein the suspect drove his pickup truck into a crowd of...
2025-01-02 13:50
2025-01-02
13:50
moneycontrol.com
https://www.moneycontrol.com/news/india/behind-richest-cm-chandrababu-naidu-s-wealth-wife-s-huge-stake-in-dairy-firm-12902057.html
Behind richest CM Chandrababu Naidu's wealth, wife's huge stake in dairy firm
Related stories.
Andhra CM Chandrababu Naidu whose name recently appeared as the richest chief minister in a report of the Association for Democratic Reforms (ADR), is wealthiest on account of his family's shareholding in a dairy firm. According to reports, about 82 per cent of the Rs 931 crore wealth attributed to Naidu is on account ...
2025-01-02 13:49
2025-01-02
13:49
moneycontrol.com
https://www.moneycontrol.com/news/india/delhi-police-set-to-approach-mha-over-vip-security-cover-to-30-former-lawmakers-report-12902063.html
Delhi Police set to approach MHA over VIP security cover to 30 former lawmakers: Report
The Delhi Police is set to approach the MHA to decide whether the identified individuals will continue to have security cover..Related stories.
The Delhi Police has identified at least 30 former lawmakers who enjoy VIP security cover despite the completion of their tenure and is set to approach the Ministry of Home Affairs to decide on whether or not to continue with their protection, The Indian Express reported on Thursday citing sources in the know. This lis...
2025-01-02 13:39
2025-01-02
13:39
moneycontrol.com
https://www.moneycontrol.com/news/business/companies/it-hiring-growth-rate-near-double-digit-says-info-edge-demand-for-entry-level-talent-picking-up-12902061.html
IT hiring growth rate near double digit, says Info Edge, demand for entry-level talent picking up
GCCs are hiring in big numbers in India, Info Edge pointed out, along with Big Tech companies as well as startups. Info Edge had started to witness double-digit billing growth during Q2FY25, a pre-cursor to growth in hiring..Related stories.
IT hiring is slowly getting back on track, and though still not near the post-Covid demand, the industry is witnessing near double-digit growth rate, Hitesh Oberoi of Info Edge said on January 2, adding that the company's non-IT recruitments continue to do well. The Naukri JobSpeak report for December showed that AI-re...
2025-01-02 13:39
2025-01-02
13:39
moneycontrol.com
https://www.moneycontrol.com/news/india/what-is-one-nation-one-subscription-all-about-centre-s-game-changer-scheme-for-r-d-12902018.html
What is One Nation One Subscription? All about Centre's game-changer scheme for R&D
Prime Minister Narendra Modi.
The Union Education Ministry on January 1 (Wednesday) launched the One Nation One Subscription (ONOS) programme. The scheme aims to provide easy access to scholarly research to students. Around 18 million students, spanning government-funded higher education institutions like the Indian Institutes of Technology (IITs),...
2025-01-02 13:32
2025-01-02
13:32
moneycontrol.com
https://www.moneycontrol.com/technology/need-for-speed-hot-pursuit-and-two-other-games-coming-soon-on-sony-playstation-plus-article-12901997.html
Need for Speed Hot Pursuit and two other games coming soon on Sony PlayStation Plus
Sony PlayStation.Related stories.
Sony has revealed the first gaming titles of 2025 that are coming for PlayStation Plus members. Suicide Squad: Kill the Justice League, Need for Speed Hot Pursuit and The Stanley Parable: Ultra Deluxe will kickstart 2025 for PlayStation Plus members. When will the games be available? According to Sony, the three titles...
2025-01-02 13:30
2025-01-02
13:30
moneycontrol.com
https://www.moneycontrol.com/news/business/startup/startup-ipo-party-to-continue-in-2025-25-firms-expected-to-list-on-bourses-12901955.html
Startup IPO party to continue in 2025: 25 firms expected to list on bourses
Startup IPOs in 2025.Related stories.
After a series of successful public listings in 2024, the startup initial public offering (IPO) party is set to carry over into the new year, buoyed by healthy public market activity and the strong performance of already-listed startups. At least 25 new-age companies are expected to go public in 2025, according to a li...
2025-01-02 13:28
2025-01-02
13:28
moneycontrol.com
https://www.moneycontrol.com/news/business/banks-treasury-income-to-remain-muted-in-q3-on-narrow-yield-movement-of-govt-securities-12902044.html
Banks’ treasury income to remain muted in Q3 on narrow yield movement of govt securities
Treasury Income.Related stories.
Treasury income of banks is likely to remain muted in third quarter of the current financial year due to narrow movement of yield on government securities throughout the quarter. This, after the banks have reported a sharp jump in the treasury income in second quarter of current fiscal year. “As the yield on the govern...
2025-01-02 13:14
2025-01-02
13:14
moneycontrol.com
https://www.moneycontrol.com/news/business/markets/bajaj-finance-shares-jump-over-5pc-as-citi-maintains-buy-on-q3-optimism-sees-up-to-17pc-upside-for-stock-12901974.html
Bajaj Finance shares jump over 5% as Citi maintains 'Buy' on Q3 optimism, sees up to 17% upside for stock
Bajaj Finance shares jump 5% as Citi maintains 'Buy' on Q3 optimism, sees up to 17% upside for stock.Related stories.
Bajaj Finance share price surged over 5 percent in Thursday's trade after analysts at the brokerage Citi reiterated its 'Buy' rating on the stock. The stock climbed to an intraday high of Rs 7,306.05 on the NSE, marking a 5.34 percent gain from its previous close. Over the past two sessions, Bajaj Finance shares have g...
2025-01-02 13:11
2025-01-02
13:11
moneycontrol.com
https://www.moneycontrol.com/entertainment/from-deepika-padukone-to-diljit-dosanjh-bollywood-celebs-celebrating-birthday-in-january-article-12901957.html
From Deepika Padukone to Diljit Dosanjh: Bollywood celebs celebrating Birthday in January
Birthdays in january.
January is a time of renewal and joy, as it signals the end of the festive season while ushering in fresh beginnings. No matter what lies ahead, this month inspires optimism, encouraging us to leave the past behind and embrace a hopeful tomorrow. January is not only the start of a new year but also the birth month of s...
2025-01-02 13:10
2025-01-02
13:10
moneycontrol.com
https://www.moneycontrol.com/news/business/markets/auto-stocks-rev-up-as-december-sales-surge-drives-nifty-auto-to-a-6-month-high-12902019.html
Auto stocks rev up as December sales surge drives Nifty Auto to a 6-month high
Nifty Auto becomes top sectoral gainer on January 2.Related stories.
Auto stocks hit the fast lane on December 2, with heavyweights like Eicher Motors, Bajaj Auto, Hero MotoCorp, M&M, Maruti Suzuki, and Tata Motors roaring ahead by up to 7 percent. The rally fueled the Nifty Auto index to its biggest single-day gain in six months, turbocharged by better-than-expected sales figures. Eich...
2025-01-02 13:08
2025-01-02
13:08
moneycontrol.com
https://www.moneycontrol.com/news/business/stocks/buy-signature-global-target-of-rs-2000-motilal-oswal-2-12902009.html
Buy Signature Global; target of Rs 2000: Motilal Oswal
Buy.
Motilal Oswal's research report onSignature Global Signature Global (SIGNATUR), with its strong presence in strategic locations in Gurugram, is on track to capitalize on the ongoing demand, guided by a strong project pipeline of 24.3msf. With a projected 35% CAGR growth in pre-sales over FY24-27, the company is set to ...
2025-01-02 13:07
2025-01-02
13:07
moneycontrol.com
https://www.moneycontrol.com/news/business/markets/sensex-higher-nifty-rallies-past-200-dma-on-earnings-optimism-and-consumption-revival-top-factors-at-play-12901908.html
Sensex soars 1,000 pts, Nifty rallies past 24,000 on earnings optimism and consumption revival: Top factors at play
Sensex higher, Nifty rallies past 200-DMA on earnings optimism and consumption revival: Top factors at play.Related stories.
The stock markets in India extended gains on January 2 with the benchmark indices surging over 1 percent each. Sensex surged over 1,000 points and the Nifty 50 moved above the crucial 23,950 level to rally past 200-DMA, helped by buying in banking and IT stocks, optimism around quarterly earnings and a favourable techn...
2025-01-02 12:54
2025-01-02
12:54
moneycontrol.com
https://www.moneycontrol.com/news/india/bangladesh-rewrites-textbooks-ziaur-rahman-declared-independence-not-sheikh-mujibur-rahman-12902017.html
Bangladesh rewrites textbooks: 'Ziaur Rahman declared independence, not Sheikh Mujibur Rahman'
A vandalised portrait of Sheikh Mujibur Rahman, founding father of Bangladesh, lies on the floor of a damaged studio of the state-owned Bangladesh Television (BTV) in Dhaka. (File Photo: AP).Related stories.
New textbooks for primary and secondary school students across Bangladesh will state that Ziaur Rahman declared the country's independence in 1971, The Daily Star reported on Wednesday. The textbooks, until now, stated that the declaration was made by 'Bangabandhu' Sheikh Mujibur Rahman, the father of ousted Prime Mini...
2025-01-02 12:47
2025-01-02
12:47
moneycontrol.com
https://www.moneycontrol.com/news/business/markets/ashok-leyland-jumps-5-as-dec-auto-sales-beat-street-estimates-12901970.html
Ashok Leyland jumps 5% as Dec auto sales beat Street estimates
Over the past 6 months, the stock of this CV player has declined nearly a percent.Related stories.
Shares of Ashok Leyland surged 5 percent to Rs 233 per share on January 2 after December sales figures turned out to be better-than-expected. Over the past 6 months, the stock of this CV player has declined nearly a percent, as compared to 0.2 percent decline in the benchmark Nifty 50 index. The company's total sales j...
2025-01-02 12:45
2025-01-02
12:45
moneycontrol.com
https://www.moneycontrol.com/news/world/new-orleans-attack-all-about-shamsud-din-jabbar-the-isis-inspired-us-army-veteran-behind-truck-attack-that-killed-15-12901991.html
New Orleans attack: All about Shamsud-Din Jabbar, the ISIS-inspired US Army veteran behind truck attack that killed 15
Prior to his Army service, Jabbar briefly enlisted in the Navy in August 2004 through a delayed entry program but was discharged within a month (Image: Reuters).
In the tragic New Year's Day incident in New Orleans, the FBI has identified 42-year-old Shamsud-Din Jabbar, a US Army veteran from Texas, as the suspect. Jabbar, originally from Beaumont, Texas, is accused of driving a Ford pickup truck into a crowd, leaving at least 15 people dead and many others wounded. Police desc...
2025-01-02 12:25
2025-01-02
12:25
moneycontrol.com
https://www.moneycontrol.com/news/business/vodafone-idea-bank-loans-in-spotlight-after-rs-24-800-cr-bank-guarantee-waiver-12900773.html
Vodafone Idea bank loans in spotlight after Rs 24,800-cr bank guarantee waiver
Vodafone Idea.Related stories.
Vodafone Idea (Vi) is set to benefit significantly from the government’s recent decision to waive bank guarantee (BG) requirements for telecom operators, potentially unlocking crucial funding for the cash-strapped company. Analysts believe this move resolves a major deadlock that has hindered Vi from securing debt fina...
2025-01-02 12:22
2025-01-02
12:22
moneycontrol.com
https://www.moneycontrol.com/news/business/markets/eicher-motors-shares-surge-over-6-as-firm-s-december-motorcycle-sales-rise-25-12901976.html
Eicher Motors shares surge over 6% as firm's December motorcycle sales rise 25%
Eicher Motors shares surge over 6% as firm's December motorcycle sales rise 25%.Related stories.
Shares of Royal Enfield-maker Eicher Motors rose over 6% on January 2 as the company reported 25% jump in motorcycle sales in December. In a stock exchange filing, the company said its total motorcycle sales in December rose 25% to 79,466 units as against 63,387 units in the year-ago period. The company's international...
2025-01-02 12:13
2025-01-02
12:13
moneycontrol.com
https://www.moneycontrol.com/news/business/markets/can-trigger-higher-taxes-hinder-infra-development-jm-financial-flags-risks-of-election-freebies-12901951.html
'Can trigger higher taxes, hinder infra development': JM Financial flags risks of election freebies
Capex, already vulnerable, is likely to bear the brunt of swelling fiscal burdens.
A recent note by JM Financial highlights the adverse impacts of election freebies announced by state governments, stating they undermine fiscal discipline, disincentivise work, and weaken investment prospects. These populist measures, primarily aimed at economically weaker women and tribal communities, have become cent...
2025-01-02 11:54
2025-01-02
11:54
moneycontrol.com
https://www.moneycontrol.com/news/business/markets/south-indian-bank-sprints-3-on-healthy-q3fy25-business-update-12901937.html
South Indian Bank sprints 3% on healthy Q3FY25 business update
Over the past 3 months, this smallcap stock has surged modestly by 3 percent.Related stories.
Shares of South Indian Bank surged 3 percent to Rs 26 per share on January 2 after it reported a steady October-December quarter (Q3FY25) business update. The lender's gross advances rose by 12 percent year-on-year (YoY) to Rs 86,965 crore in Q3, while deposits grew by 6.2 percent YoY to Rs 1.05 lakh crore. CASA ratio,...
2025-01-02 11:51
2025-01-02
11:51
moneycontrol.com
https://www.moneycontrol.com/news/india/bangladesh-court-rejects-bail-plea-of-hindu-monk-chinmoy-das-12901912.html
Bangladesh court rejects bail plea of Hindu monk Chinmoy Das
Bail plea of Chinmoy Das has been rejected.
A Bangladesh court on Thursday (January 2) rejected the bail plea of jailed Hindu monk Chinmoy Krishna Das, who was arrested in the country on November 25 in connection with a sedition case. Following a 30-minute hearing involving arguments from both sides, Chattogram Metropolitan Sessions Judge Md Saiful Islam rejecte...
2025-01-02 11:49
2025-01-02
11:49
moneycontrol.com
https://www.moneycontrol.com/news/business/markets/mfin-defers-capping-lenders-to-each-borrower-by-three-months-other-covenants-come-into-effect-12901945.html
MFIN defers capping lenders to each borrower by three months, other covenants come into effect
MFIN has deferred to April 1 its plan of implementing a cap on lenders to each borrower..Related stories.
Microfinance Industry Network (MFIN), the self-regulatory body for microfinance, has confirmed to have deferred to April 1 its plan of implementing a cap on lenders to each borrower, citing time required to change the IT and back-end system. Speaking toCNBC-TV18, MFIN's Alok Misra said, "changes to IT and engine room s...
2025-01-02 11:37
2025-01-02
11:37
moneycontrol.com
https://www.moneycontrol.com/news/world/at-least-10-injured-in-mass-shooting-outside-new-york-night-club-12901952.html
New York mass shooting: At least 10 injured in shooting outside Queens night club
Image courtesy: New York Post.
At least 10 people have been injured in a mass shooting incident outside a night club in Queens, New York, reported New York Post. The incident comes just hours after 15 people were killed and 30 were injured after a US Army veteran with an ISIS flag on his truck rammed his vehicle into revelers in New Orleans' crowded...
2025-01-02 11:35
2025-01-02
11:35
moneycontrol.com
https://www.moneycontrol.com/news/business/rupee-declines-to-85-76-as-strong-dollar-demand-weaker-yuan-puts-pressure-12901946.html
Rupee declines to 85.76 as strong dollar demand, weaker yuan put pressure
rupee.Related stories.
Indian rupee again came under pressure in the early trade on January 2 as the strong demand for dollar continues, decline in the offshore Chinese yuan, and foreign fund outflows by foreign portfolio investors, currency experts said. At 10:50 AM, Indian rupee was trading 12 paise lower at 85.7625 against the US dollar, ...
2025-01-02 11:31
2025-01-02
11:31
moneycontrol.com
https://www.moneycontrol.com/news/india/days-before-delhi-cafe-owner-puneet-khurana-s-suicide-wife-shared-post-on-social-media-on-toxicity-abuse-12901909.html
Days before Delhi cafe owner Puneet Khurana's suicide, wife shared social media post on 'toxicity, abuse'
The wife of Delhi cafe owner Puneet Khurana, who died by suicide on December 31, posted a cryptic message on social media just days before the tragedy. In her post, Manika Pahwa said that she was subjected to "toxicity and narcissistic abuse" and was now free, adding that feminism suits her. Khurana, 40, the owner of p...
2025-01-02 11:30
2025-01-02
11:30
moneycontrol.com
https://www.moneycontrol.com/news/india/ncp-reunion-on-cards-clamour-grows-in-ncp-after-ajit-pawar-s-mother-prays-for-unity-at-pandharpur-12901947.html
NCP reunion on cards? Clamour grows in NCP after Ajit Pawar's mother 'prays for unity' at Pandharpur
Ajit Pawar had rebelled against his uncle Sharad Pawar in 2023 and later joined the Mahayuti government with several NCP MLAs..Related stories.
A new year prayer by Maharashtra Deputy Chief Minister Ajit Pawar's mother seeking to end the political feud in the family and a reunion between her son and his uncle and NCP (SP) chief Sharad Pawar has spurred calls for a reunion from both factions. On Wednesday, Asha Pawar, mother of NCP president Ajit Pawar, who cau...
2025-01-02 11:27
2025-01-02
11:27
moneycontrol.com
https://www.moneycontrol.com/news/india/shivraj-singh-chouhan-writes-to-atishi-accuses-delhi-govt-of-being-anti-farmer-12901907.html
Shivraj Singh Chouhan writes to Atishi, accuses Delhi govt of being anti-farmer
Shivraj Singh Chouhan.
Union agriculture minister Shivraj Singh Chouhan on Wednesday wrote a letter to Delhi chief minister Atishi and criticised the AAP government for not implementing several pro-farmer schemes of the Centre in the national capital. In his letter, written in Hindi, Chouhan told Atishi that Delhi government has no sympathy ...
2025-01-02 11:21
2025-01-02
11:21
moneycontrol.com
https://www.moneycontrol.com/news/business/stocks/agri-picks-report-january-02-2025-geojit-financial-services-12901949.html
Agri Picks Report January 02 2025: Geojit Financial Services
commodities.
Geojit Financial Services's report on Daily Agri Picks The Union Cabinet Wednesday approved the continuation of the Pradhan Mantri Fasal Bima Yojana and Restructured Weather Based Crop Insurance Scheme till 2025-26 (Apr-Mar), with an overall outlay of INR 695.15 billion from FY22 to FY26, the government said in a relea...
2025-01-02 11:20
2025-01-02
11:20
moneycontrol.com
https://www.moneycontrol.com/news/business/stocks/goa-carbon-shares-rise-6-as-company-resumes-operations-at-bilaspur-12901904.html
Goa Carbon shares rise 6% as company resumes operations at Bilaspur unit
Goa Carbon Ltd. saw increase in its share price after the company announced the resumption of operations at one of its key production facilities.Related stories.
Goa Carbon Ltd.stock gained on January 2 after the company announced the resumption of operations at one of its key production facilities - Bilaspur, Chhattisgarh. As of 10:35 AM, Jan 2, the company's stock had risen by 6.73 percent, trading at Rs 743, up by Rs 46.85. According to an exchange filing, the company's oper...
2025-01-02 11:15
2025-01-02
11:15
moneycontrol.com
https://www.moneycontrol.com/news/india/flights-delayed-as-dense-fog-drapes-bengaluru-airport-lowers-visibility-12901929.html
Flights delayed as dense fog drapes Bengaluru airport, lowers visibility
Bangalore International Airport Limited (BIAL) officials said that flight operations were impacted by visibility as low as 50 meters between 5:19 am and 7:40am..
As many as eight flights were delayed at Bengaluru's Kempegowda International Airport (KIA) on Thursday morning because of poor visibility caused by dense fog. Bangalore International Airport Limited (BIAL) officials said that flight operations were impacted by visibility as low as 50 meters between 5:19 am and 7:40am....
2025-01-02 11:15
2025-01-02
11:15
moneycontrol.com
https://www.moneycontrol.com/budget/union-budget-2025-electronics-industry-seeks-zero-tariff-on-pcbas-camera-modules-connectors-article-12901910.html
Union Budget 2025: Electronics industry seeks zero tariff on PCBAs, camera modules, connectors
electronics.Related stories.
Handset makers and electronic gadget companies have urged the finance ministry to simplify the import tariff structure in the Union Budget for 2025-26 by bring the levy on parts, inputs, and sub-parts of sub-assemblies or components such as PCBAs, FPCs, camera modules, and connectors down to zero from 2.5 percent. The ...
2025-01-02 11:07
2025-01-02
11:07
moneycontrol.com
https://www.moneycontrol.com/news/world/cybertruck-blast-tesla-chief-elon-musk-says-bomb-placed-inside-caused-explosion-12901872.html
Cybertruck blast: Tesla chief Elon Musk says 'bomb' placed inside caused explosion
Earlier, on Wednesday, a Tesla Cybertruck exploded in flames outside the Trump International Hotel Las Vegas, killing one person and injuring seven others.Related stories.
Tesla chief Elon Musk on January 2 said the blast of a Cybertruck in Las Vegas was 'not related' to the vehicle and a 'bomb' or 'fireworks' placed inside was responsible for the explosion. “We have now confirmed that the explosion was caused by very large fireworks and/or a bomb carried in the bed of the rented Cybertr...
2025-01-02 11:04
2025-01-02
11:04
moneycontrol.com
https://www.moneycontrol.com/entertainment/ssmb29-launch-mahesh-babu-ss-rajamouli-movie-begins-with-pooja-ceremony-article-12901877.html
SSMB29 launch: Mahesh Babu, SS Rajamouli movie begins with pooja ceremony
SSMB29 launch: Mahesh Babu, SS Rajamouli movie begins with pooja ceremony.Related stories.
The buzz around the much-awaited film SSMB29, directed by SS Rajamouli and starring superstar Mahesh Babu, has been gaining momentum over the past few days. Fans and industry insiders are eagerly awaiting any updates about the project, which is shaping up to be one of the most anticipated releases in Indian cinema. As ...
2025-01-02 11:02
2025-01-02
11:02
moneycontrol.com
https://www.moneycontrol.com/news/business/economy/manufacturing-pmi-slips-to-a-12-month-low-of-56-4-in-dec-12901901.html
Manufacturing PMI slips to a 12-month low of 56.4 in Dec
Manufacturing activity declines in December.Related stories.
India’s manufacturing activity closed the year at a 12-month low of 56.4 in December compared with 56.5 a month back, according to a private sector survey released on January 2. December marks the second consecutive month of decline in activity. The HSBC India Manufacturing Purchasing Managers’ Index had declined in No...
2025-01-02 10:59
2025-01-02
10:59
moneycontrol.com
https://www.moneycontrol.com/news/business/markets/stock-market-holidays-2025-list-dates-when-nse-and-bse-will-remain-shut-check-trading-holiday-calendar-12901880.html
Stock Market Holidays 2025 List: Dates when NSE and BSE will remain shut – Check trading holiday calendar
Check full list of BSE, NSE holidays in 2025.
While major stock markets around the world observed a holiday on New Year’s Day, with no trading on January 1, 2025, the Indian stock markets remained open as usual on Wednesday. The Indian stock markets – the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) – will observe their first holiday of 2025 o...
2025-01-02 10:54
2025-01-02
10:54
moneycontrol.com
https://www.moneycontrol.com/news/business/markets/csb-bank-shares-3-higher-on-strong-deposit-growth-healthy-gold-loan-book-12901911.html
CSB Bank shares 3% higher on strong deposit growth, healthy gold loan book
Shares of CSB Bank are higher by more than 3% on January 2, after the lender posted strong deposit growth with healthy advances against gold jewellery for the December quarter. The business update shared by CSB Bank on January 1 showed that the total deposits grew by 22.17% on year to Rs 33,406 crore during Q3FY25, and...
2025-01-02 10:53
2025-01-02
10:53
moneycontrol.com
https://www.moneycontrol.com/technology/apple-may-rename-its-most-affordable-iphone-in-2025-article-12901918.html
Apple may rename its most affordable iPhone in 2025
iPhone se.
Apple is rumored to launch the successor to the iPhone SE 2022 in 2025, but this time, the device might not bear the expected name, "iPhone SE 4." Instead, reports suggest that Apple could introduce it as the "iPhone 16E." While the accuracy of these claims remains uncertain, it appears Apple may adopt the "16E" monike...
2025-01-02 10:52
2025-01-02
10:52
moneycontrol.com
https://www.moneycontrol.com/news/business/markets/maruti-suzuki-shares-extend-gains-for-2nd-day-on-bullish-management-commentary-post-december-car-sales-12901916.html
Maruti Suzuki shares extend gains for 2nd day on bullish management commentary post-December car sales
Maruti Suzuki shares extend gains for 2nd day on bullish management commentary post-December car sales.Related stories.
Shares of Maruti Suzuki India Ltd (MSI) extended their gains for second straight day on January 2 on bullish management commentary on the strong car sales seen in December. Partho Banerjee, Senior Executive Officer - Marketing & Sales, Maruti Suzuki India Limited told CNBC-TV18 that dealer network stock is for just nin...
2025-01-02 10:49
2025-01-02
10:49
moneycontrol.com
https://www.moneycontrol.com/news/business/markets/petronet-lng-shares-down-5-as-citi-note-mentions-critical-view-by-pngrb-on-tariffs-12901893.html
Petronet LNG shares down 5% as Citi mentions critical view by PNGRB on regasification tariff
The regulator said Petronet LNG has been 'profiting immensely' by escalating tariff for regassification at its Dahej terminal every year, and not passing on the benefits of capacity expansion and better utilisation..Related stories.
Shares of Petronet LNG are lower by more than 5% in early trading on January 2, weighed down by critical comments by natural gas regulator PNGRB regarding tariffs, and a note by Citi that has put the stock under a 90-day negative watch. Natural gas regulator PNGRB has said that the company seems to have made profit at ...
2025-01-02 10:33
2025-01-02
10:33
moneycontrol.com
https://www.moneycontrol.com/news/business/startup/aye-finance-secures-rs-110-cr-debt-nears-deal-with-goldman-sachs-ahead-of-ipo-12901860.html
Aye Finance secures Rs 110-cr debt, nears deal with Goldman Sachs ahead of IPO
Representative image.Related stories.
IPO-bound SME lender Aye Finance has raised Rs 110 crore indebtfrom Northern Arc, ASK Financial, MAS Financial, and CredAvenue, to fuel its NBFC operations. The A91 Partners and Google’s CapitalG-backed company is also in the final stages of closing another deal with Goldman Sachs (India) Finance, the non-bank finance ...
2025-01-02 10:24
2025-01-02
10:24
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