Hyundai Motor India’s upcoming IPO is set to intensify competition in the Indian auto industry, particularly impacting Maruti Suzuki. With a strong product lineup and premium positioning, Hyundai’s offering is expected to pressure rivals to innovate, potentially driving a sector-wide re-rating and attracting significant global investor interest.
Tata Elxsi shares jump 3% after Q2 PAT rises 14% YoY to Rs 229 crore (11-10-2024)
Tata Elxsi reported a 14% growth in consolidated net profit, reaching Rs 229 crore for the second quarter, compared to Rs 200 crore in the same quarter last year. Revenue from operations also increased by 8% year-on-year to Rs 955 crore, up from Rs 882 crore. On a sequential basis, profit rose by 27%, while revenues increased by 3% quarter-on-quarter.
Vodafone Idea gets share upgrade from JP Morgan; check target price, rating (11-10-2024)
Vodafone Idea share upgrade: JP Morgan has upgraded Vodafone Idea shares to ‘Neutral’ from ‘Underweight’
Bank stocks climb 1% making it best performing sector; Hyundai IPO in focus (11-10-2024)
The excitement around India’s largest IPO is being dampened by evident weakness in demand for cars in India as well globally
Jio Financial Services launches new improved version of JioFinance App (11-10-2024)
The new and improved JioFinance App, a one-stop destination for seamless and digital-first financial services, is now available on the Google Play Store, Apple App Store and MyJio, with a wide range of attractive offerings.
Union Government releases tax devolution of Rs 1.78 lakh crore to states (11-10-2024)
Powered by Capital Market – Live News
Jane Street’s India profits complicate fight with Millennium (11-10-2024)
Jane Street accused Millennium and former traders of stealing the “immensely valuable” strategy, causing significant losses. But lawyers for the defendants said in a previously sealed motion released Monday in redacted form that Jane Street’s India options team posted record results in the months after the traders left to join Izzy Englander’s hedge fund group.
Ceinsys Tech-Engineering, Geospatial & IT solutions Company (11-10-2024)
(post deleted by author)