Social activist Snehamayi Krishna has accused Karnataka Chief Minister Siddaramaiah of influencing a land allotment from the Mysuru Urban Development Authority (MUDA) to his wife. Krishna alleges that MUDA’s special Tehsildar paid the stamp duty for the land purchase, indicating potential impropriety. Congress spokesperson M Lakshmana defended Siddaramaiah and criticized Krishna for interfering with the ongoing investigation.
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Sagility India gains on debut (12-11-2024)
Shares of Sagility India were currently trading at Rs 32.53 at 10:14 IST on the BSE, representing a premium of 8.43% as compared with the issue price of Rs 30.
Bitcoin nears $90,000 as crypto market exceeds pandemic-era peak (12-11-2024)
Bitcoin surged past $89,000 amid speculation of favorable crypto regulations under President-elect Trump, driving the market value to $3.1 trillion. Analysts warn of a potential retracement after the rally.
Is excessive FII outflow the cause or the effect of Rupee depreciation? Arnab Das answers (12-11-2024)
Arnab Das, Global Macro Strategist at Invesco, believes that India is in a favorable position despite recent rupee depreciation and foreign fund outflows. He argues that the situation is primarily driven by broad dollar strength due to US policies. Das highlights India’s growing services exports and significant FDI inflows, which mitigate the impact of a trade deficit.
Buy Mahindra & Mahindra, target price Rs 3,420: Motilal Oswal Financial Services (12-11-2024)
Motilal Oswal Financial Services has maintained its buy call on Mahindra & Mahindra (M&M) with a higher target price of Rs 3,420, based on strong Q2 results and positive future outlook. M&M’s consolidated total income grew by 10.15% year-on-year, driven by robust demand for its vehicles. The company has reported net profit after tax of Rs 2894.71 crore in latest quarter.
Britannia dips 9% in 2 days, hits over 5-mth low; Analysts await guidance (12-11-2024)
Britannia reported its Q2FY25 results on Monday, after market hours. PAT declined by 9.6 per cent to Rs 531 crore
Share price of Mphasis as Nifty (12-11-2024)
A total of 3,346 shares changed hands on the counter till 10:08AM (IST).
Stock market update: Fertilisers stocks up as market rises (12-11-2024)
The 30-share BSE Sensex was up 83.6 points at 79579.75
Buzzing stocks today: Hindalco, ONGC, Ramco Cements, Ambuja Cements share price live; Sagility India IPO listing (12-11-2024)
Hindalco, ONGC, Ramco Cements & Ambuja Cements Share Price Live; Sagility IPO Listing Live