RIL stock hits fresh record high; MCap hits Rs 19.2 lakh crore on January 29, 2024 at 8:14 am

The RIL stock gained after Bloomberg reported that Walt Disney’s India unit faces a significant erosion in valuation, possibly half, in the run-up to its proposed merger with Mukesh Ambani’s media business

BPCL profit rises on healthy Q3 refining margins, but misses estimates on January 29, 2024 at 8:22 am

Analysts had anticipated net profit is around Rs 3,303.80 crore, down around 70 percent QoQ, with a YoY increase of about 30 percent.

Switzerland-based responsAbility to invest $25 million in BluSmart on January 29, 2024 at 8:57 am

A joint statement on Monday said the investment will help BluSmart in expanding its EV (Electric Vehicle) charging infrastructure across the country.

Tata Technologies shares trade in green on 15% rise in Q3 net profit on January 29, 2024 at 4:45 am

Tata Technologies registered 14.7 percent year-on-year growth in consolidated profit at Rs 170.22 crore for the quarter ended December FY24.

Union Budget 2024: The stark reality behind the growth narrative on January 29, 2024 at 4:57 am

The fact that real incomes of households are stagnating or contracting amid declining savings, persistently high food inflation, and eroding pricing capability of consumer companies are indicative of the ruralisation-led decline in labour productivity, and the rising dominance of Giffen and necessary goods in India’s consumption pattern

Tips Industries surges to 52-week high after Rs 248-crore worth of shares change hands on January 29, 2024 at 4:58 am

Around 5.1 percent equity changed hands. Moneycontrol could not immediately identify the buyers and sellers involved in the transaction

IRB Infra Developers gains 13% on arbitration tribunal award in favour of YATL on January 29, 2024 at 5:17 am

IRB will receive Rs 1,681 crore towards the compensation and is also entitled to receive further interest from the date of the award till the date of realisation of the compensation as per terms of the award.

Shriram Finance hits new high on strong Q3 show, brokerages positive on merger synergies on January 29, 2024 at 6:01 am

With over a 92 percent rise in the share price over the past year, Shriram Finance is the top contender to replace UPL in the benchmark Nifty in the March review

Sensex surges 1,000 pts, Nifty tops 21,650: Asian cues among key factors driving Dalal Street on January 29, 2024 at 6:12 am

Analysts expect volatility to remain high through the week in the backdrop of major events like the Interim Budget and the US Federal Reserve#39;s monetary policy meeting.

Want to see MSMEs compete not just for public, but also private sector orders: DoT Secretary on January 29, 2024 at 7:27 am

Neeraj Mittal, the top bureaucrat at the Telecom Department, further said the government is “looking to improve” the Production-Linked Incentive (PLI) scheme and sought the views and inputs from Micro, Small and Medium Enterprises (MSMEs) for the new, better scheme.