Новости за 28.04.2024

After splitting from BJP, the Akali Dal is gearing up to contest the Gurdaspur Lok Sabha seat independently, marking a departure from their usual alliance strategy since 1996. This move sets the stage for a showdown with their former ally, who has often relied on star power to secure victories in the region. Previously, the Shiromani Akali Dal had partnered with the Bharatiya Janata Party, with the BJP traditionally contesting from Amritsar, Gurdaspur, and Hoshiarpur as part of the seat-sharing agreement... Читать дальше...

Tesla CEO Elon Musk is planning a surprise trip to Beijing to discuss the rollout of Full-Self Driving (FSD) software in China and obtain approval to transfer data collected in the country abroad for autonomous driving algorithms. Tesla has stored all data collected by its Chinese fleet in Shanghai since 2021, and has not transferred any back to the US.

Stock Reports Plus, powered by Refinitiv, undertakes detailed company analysis for 4,000+ listed stocks. In addition to detailed company analysis, the report also collates analysts’ forecasts and trend analysis for each component. An average score in Stock Reports Plus is calculated by undertaking quantitative analysis of five key investment tools - earnings, fundamentals, relative valuation, risk and price momentum.

MCX Gold and Silver contracts offer stability, downside protection, and inflation-hedging benefits in a diversified portfolio, enhancing risk-adjusted returns and capital preservation. Including them can help build a resilient investment portfolio amidst market uncertainties.

BJP's Nadda criticizes Mamata for scaring people to win elections. Confident of over 35 seats in West Bengal. CBI seizes arms in Sandeshkhali. BJP supports women empowerment and Sandeshkhali victim.

Karnataka government initiates SIT to investigate sex scandal with MP Prajwal Revanna, involving alleged obscene videos and sexual assault incidents. The probe was requested by Women's Commission Chairperson, leading to the formation of the team.

The US data this week indicated inflation accelerated in the first quarter, reinforcing expectations the Federal Reserve is likely to keep interest rates higher for longer.

Chidambaram challenges PM Modi's misconceptions about the Congress manifesto, emphasizing promises on tax transparency, steady income tax rates, MSME tax relief, and GST reforms, while refuting 'inheritance tax' claims and highlighting BJP's fear-driven tactics.

The Quarterly Project Implementation Status Report (QPISR) for the third quarter of 2023-24 revealed that 448 infrastructure projects, each worth Rs 150 crore or more, experienced cost overruns of over Rs 5.55 lakh crore. Out of 1,897 projects, 56 were ahead of schedule, 632 were on schedule, and 902 were delayed. The anticipated completion cost was Rs 31,74,489.91 crore.

Manu Rishi Guptha and minority shareholders have challenged ICICI Bank's delisting bid for ICICI Securities at NCLT. Shareholders had approved merger with ICICI Bank but Quantum MF has is also considering legal action against the bank. ICICI Securities has reported robust financials. According to the proposed delisting scheme, ICICI Securities shareholders are slated to receive 67 shares of ICICI Bank for every 100 shares held.

Arvinder Singh Lovely, Delhi Congress president, resigned, citing discomfort with the party's alliance with the Aam Aadmi Party for the upcoming elections. He expressed opposition to aligning with a party founded on false corruption charges against Congress. Lovely emphasized his inability to protect party workers' interests as reason for resigning.

​Rallies in the markets may not present a clear picture of certain key developments. This is the very nature of the markets. A little bit of digging helps reveal stories which may not be apparent in the broad sentiment which engulfs the markets.

A group led by a Bengaluru-based investment manager has contested ICICI Bank's bid to delist its brokerage arm, ICICI Securities. Despite shareholder support for the merger, retail investors opposed it. The proposed swap ratio and alleged irregularities have sparked objections, with Quantum Mutual Fund urging legal action to protect minority interests.

UltraTech Cement anticipates a strong financial performance in Q4FY24, expecting a net profit of Rs 1,962 crore and revenue of Rs 20,057 crore. The company's growth is supported by volume, realisations, and positive sector outlook. In the year ago period, UltraTech had reported a profit after tax (PAT) of Rs 1,650.3 while the revenue from operations stood at Rs 18,321.6 crore. The company will announce its earnings on April 29, Monday.

Deven Choksey discusses market opportunities during corrections, stock-specific triggers for recovery like in Kotak Bank and Bajaj Finance. Real estate and consumer durables sectors show growth potential, with Reliance Retail's entry expected to disrupt the market.

The name 'Annamalai' in Tamil Nadu has historical, cultural, and spiritual significance, tied to freedom fighters, philanthropists, educational institutions, music promotion, and religious worship, encapsulating a rich tapestry of the region's heritage and beliefs.

AdaniConneX, a joint venture, raised USD 1.44 billion in India's largest sustainability linked financing. The construction financing pool now stands at USD 1.65 billion, focusing on advanced technologies and environmental solutions, with support from international lenders and industry partners.

​With inflation up, economic growth down and two-year Treasury yields testing 5%, Bill Gross sensed the music in markets was fading, and said it was time to get over the likes of the Magnificent Seven.

Mumbai Indians' wicketkeeper-batter Ishan Kishan has been fined 10% of his match fees for breaching the IPL Code of Conduct during their IPL 2024 match against Delhi Capitals. Kishan committed a Level 1 offence under Article 2.2 of the IPL's Code of Conduct. He admitted to the offence and accepted the Match Referee's sanction. The match was a high-scoring affair, with Jake Fraser-McGurk's powerful knock, Rasikh Dar Salam, Mukesh Kumar, and Khaleel Ahmed's pace attack helping Delhi Capitals defeat Mumbai Indians by 10 runs.