Still no movement. Seems that the market doesn’t like just awards , but want to see it converted to revenue
LTTS records PAT of Rs 320 cr in Q2; declares dividend of Rs 17/share (16-10-2024)
L&T Technology Services (LTTS) consolidated net profit grew 1.91% to Rs 319.60 crore in Q2 FY25 as against Rs 313.60 crore in Q1 FY25.
‘Buoyed’ BJP aims to win all 7 bypoll seats in Rajasthan; ruling party to draw blank, says Congress (16-10-2024)
The BJP’s recent victory in Haryana has bolstered the party’s confidence in Rajasthan ahead of bypolls for seven assembly seats. Both the BJP and Congress are making strategic preparations, with candidate selections and active campaigning. The bypolls will be held on November 13, with results announced on November 23.
BJP MLA Muniratna, accused of rape, walks out of Bengaluru prison (16-10-2024)
Karnataka BJP MLA Munirathna was released from Parappana Agrahara Central Prison after being granted bail in a rape case filed by a 40-year-old woman. Two other accused were also granted bail. The FIR was registered at Kaggalipura police station, and Munirathna had been in judicial custody following interrogation by the Special Investigation Team.
Stock market update: Stocks that hit 52-week lows on NSE in today’s trade (16-10-2024)
Trent, M&M, Infosys, Hero MotoCorp and Adani Ports SEZ were among the top losers on NSE in today’s trade.
Global investor interest in India private capital is growing: Preqin reports (16-10-2024)
India’s economy shows impressive growth, with private capital fund AUM doubling to $124.3bn by 2023. Key areas include venture capital resilience, private equity stability, significant private debt growth, real estate potential, and infrastructure investment driven by government spending and regulatory improvements.
Sensex down 319 points amid foreign fund outflows (16-10-2024)
From the 30 Sensex firms, Mahindra and Mahindra, Infosys, Kotak Mahindra Bank, JSW Steel, Adani Ports, Tata Motors, Adani Ports, ITC and Titan were the major laggards. HDFC Bank, Bharti Airtel, Reliance Industries, Asian Paints and State Bank of India were the gainers.