India#39;s $10 trillion run – the first milestone on the developed economy road on January 17, 2024 at 3:58 am

India is hoping to become a developed country by 2047. While that finish line is almost a quarter of a century away, there are milestones to be crossed along the way. And if these milestones, such as increasing the GDP to $10 trillion, are reached, the eventual objective may not be as distant as it… Continue reading India#39;s $10 trillion run – the first milestone on the developed economy road on January 17, 2024 at 3:58 am

Piramal Pharma gains on launch of zinc injection in US on January 17, 2024 at 4:11 am

The Zinc Sulfate injection is the latest addition to Piramal Critical Care#39;s series of recent product launches in the generic injectables market

Godrej Properties down, firm acquires another land parcel in Bengaluru on January 17, 2024 at 4:18 am

The share touched a 52-week high of Rs 2,331 on January 15, 2024 and a 52-week low of Rs 1,005.70 on March 29, 2023

LIC reclaims status of most-valued PSU, beating SBI with Rs 5.64-lakh-cr MCap on January 17, 2024 at 4:20 am

Life Insurance Corp of India Ltd. has reclaimed its position as the most valued listed public sector undertaking, surpassing the market capitalization of State Bank of India.

Adani Energy Solutions reports rise in smart meter contracts, decline in distribution loss for Q3; stock falls 1% on January 17, 2024 at 4:25 am

Transmission and smart metering business has maintained system availability of 99.67 percent in Q3FY24 and added 302 ckms to operational network during Q3FY24.

PNC Infratech gains on bagging Rs 1,174-crore road project in MP on January 17, 2024 at 4:25 am

The share touched a 52-week high of Rs 420.85 on January 16, 2024 and a 52-week low of Rs 261.25 on March 27, 2023

Musk’s threat to Tesla is countered by reality on January 17, 2024 at 4:27 am

Why is Musk suddenly tweeting gossamer-veiled threats to take his genius elsewhere? Possible explanations run the gamut. At a basic level, he dumped a lot of Tesla stock during 2022 when he was buying Twitter Inc and it is generally agreed that this is not an investment that has performed well.

Adani Group raises stake in news agency IANS on January 17, 2024 at 4:40 am

AMG Media Networks, a unit of Indian billionaire Gautam Adani#39;s flagship firm Adani Enterprises, opens new tab has increased its ownership of IANS shares with voting rights to 76%, and nearly all non-voting shares, up from 50.5% each earlier.

Cement makers see raise in target prices, upgrades as Morgan predicts demand boom on January 17, 2024 at 3:13 am

Expecting continued margin improvement in the next few years, they anticipate a positive industry re-rating, foreseeing continued stock outperformance over the next 12 months

Fitch affirms India sovereign ratings, flags difficult fiscal consolidation path on January 17, 2024 at 1:33 am

Fitch expects the federal government to achieve its fiscal deficit target of 5.9% of gross domestic product in fiscal year 2024 from 6.4% in fiscal year 2023 but said the goal to reduce that deficit to 4.5% by fiscal year 2026 will be challenging.