Among Sensex shares, Bajaj Finance, Mahindra and Mahindra, Sun Pharma, Nestle, NTPC, Power Grid, NTPC, UltraTech Cement and Larsen and Toubro were the biggest laggards. The prominent gainers were ITC, Tata Motors, Asian Paints and Titan.
Posts tagged Rediff
India an electronic and semiconductor products nation? (11-07-2024)
A task force set up by the Ministry of Electronics and Information Technology (Meity) for transforming India into an “electronic and semiconductor products” nation is on the verge of finalising its report, which is likely to recommend an allocation of Rs 44,000 crore between 2024 and 2030 to support homegrown companies in their quest to develop products and build global brands. The task force’s recommendations include significant incentives: Rs 15,000 crore dedicated to electronic products (systems), Rs 11,000 crore for semiconductor products, and Rs 18,000 crore for various other incentives such as talent development, common infrastructure, logistics, and technology and IP (intellectual property) acquisition, a member of the panel revealed.
AMCs look strong but high valuations risk sharper fall (11-07-2024)
Given gains in equity prices, it is not surprising that the earnings of asset management companies (AMCs) are growing quicker. The earnings momentum looks set to continue. Good fund performances have thus led to AMC earnings upgrades although valuations are high. Recent market performance and net flow trends have led to earnings upgrades by between 3-8 per cent for FY25-27.
Realty stocks: Do not cash out fully, say analysts (11-07-2024)
The recent blip in housing sales on a quarter-on-quarter (Q-o-Q) basis should not worry investors as the long-term prospects of real estate stocks remain on a strong foundation, according to analysts. In the first half of the calendar year 2024 (H1CY24), realty stocks surged up to 104 per cent. This sharp run should be used to book partial profit in related stocks, suggested Deepak Jasani, head of retail research at HDFC Securities.
How Postmen Can Help Micro-Entrepreneurs (11-07-2024)
‘The dakiyas will be our partners, receiving credit proposals from micro-enterprises at the grassroots level.’
How Postmen Can Help Micro-Entrepreneurs (11-07-2024)
‘The dakiyas will be our partners, receiving credit proposals from micro-enterprises at the grassroots level.’
Labour Pains Challenges Infra Industry (11-07-2024)
Severe skilled, unskilled shortage threatens to pull emergency brakes on India’s industrial engine.
Labour Pains Challenges Infra Industry (11-07-2024)
Severe skilled, unskilled shortage threatens to pull emergency brakes on India’s industrial engine.
Air India-Vistara merger may hit 600 non-flying staff (10-07-2024)
Around 600 non-flying staff of Air India and Vistara are likely to be impacted by the two airlines’ mega-merger, and efforts will be made to provide job opportunities to the affected employees within Air India group and Tata companies, sources said on Wednesday. Tata Group-owned loss-making full-service carriers — Air India and Vistara — together have more than 23,000 employees.
Why Tata Motors and Mahindra cut SUV prices (10-07-2024)
Tata Motors and Mahindra and Mahindra have cut the prices of their SUV models to boost demand. Tata Motors has revised the starting prices of its flagship SUVs, the Harrier (Rs 14.99 lakh) and the Safari (Rs 15.49 lakh) and extended benefits of up to Rs 1.4 lakh on other popular SUV variants.