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Reliance Industries loses $50 billion on earnings dismay

The bulk of the recent drop in Reliance’s shares follows disappointing results last month




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ACME Solar IPO sees mixed response, retail portion subscribed 2.4x 




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Vedanta board approves ₹17,025 crore expansion plans across aluminium and power units

Vedanta Limited plans to expand its subsidiary Bharat Aluminium Company Limited (BALCO) and the Athena Chhattisgarh Power Plant Project




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Imagicaa launches indoor trampoline park in theme park expansion 




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Urgent need for climate services to mitigate intensifying climate threats, says World Meteorological Organization

World Meteorological Organization says big gaps exist and investments lag far behind




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FPIs sell ₹19,994 crore in Indian equities in 6 trading sessions

For the first time this calendar year, FPI net investments turned negative with net outgo between January 1 to November 8 at ₹13,401 crore, data with depositories showed




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SEBI to expand ambit of unpublished price sensitive information

The proposed changes to SEBI's definition of UPSI are aimed at increasing regulatory clarity and consistency




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Everstone Capital evaluates exit options for Translumina, Everlife; IPO most likely

The IPO is likely to be in the range of $300-350 million, sources say




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RattanIndia enters stationery market with new brand Neomate

The product line includes desk organizers, reusable whiteboard stickers, dual-tip markers with triangular grips, and acrylic paint markers available in 12 and 24 color sets




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Alembic Pharma gets USFDA nod for generic heart medication 

The approved medication, therapeutically equivalent to Bausch Health’s Cardizem CD Extended-Release Capsules, is used to treat hypertension and manage chronic stable angina




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Nupur Recyclers to enter Lithium-ion battery market 

Nupur Recyclers is currently focused on non-ferrous metal scrap processing. It will establish a state-of-the-art plant dedicated to handling both metal scraps and lithium-ion battery recycling




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LG to add Axis to arrange $1.5 billion Mumbai listing

The South Korean company has selected the Indian bank as it moves forward with a share sale in Mumbai, the people said, asking not to be identified because the matter is private




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As production drops in Guatemala, Indian cardamom may gain on Ramadan demand

Prices projected to top ₹3,500 a kg during January-March 2025




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BSE, NSE end flat after volatile session; Asian Paints tanks 8% post earnings 

The indices recovered from early losses but failed to maintain momentum through the session




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Biocon shares gain 9 per cent after USFDA inspection of Bengaluru unit

The scope of the inspection covered six distinct biological units, including four drug substance manufacturing facilities and two drug product manufacturing plants




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Shriram AMC launches multi sector rotation fund

The multi-sector rotation fund will rotate investment across trending sectors




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Stocks that will see action today: November 12, 2024

Buzzing stocks: Max Healthcare, HFCL, Welspun, PowerGrid, Waaree Renewable, Ambuja Cements, Hyundai, Samvardhana, GIC, BSE, FSN e-Commerce, 3m India, Suven Pharma, eIH, RPower, Sundaram-Clayton




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STT collection hits ₹36,000 crore, reaching 97% of Budget target amid market rally

Implemented in 2004, STT is designed to combat tax evasion on capital gains and has undergone various adjustments to its rates and structure since its inception.




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Negative IOD likely to emerge this month, says Australian weather agency

The weather event may affect India; no signs of La Nina evolving until Feb 2025




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Lack of govt control on retail outlets blamed for soaring onion prices

Rains in Maharashtra delay kharif arrivals; prices likely to drop in a fortnight




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Stocks that will see action today: November 13, 2024

Buzzing stocks: United Spirits, Tata Chemicals, MTNL, Aurobindo Pharma, LCC Infotech, Tata Power, Federal Bank, EMS, Eicher Motors, Apollo Tyres, Allcargo Terminals, Vodafone Idea, Happiest Minds, Brigade, ESAF Small Finance Bank, NBCC, Kalyan Jewellers, Garden Reach, Unichem Lab, Dredging Corp, AstraZeneca Pharma. Prism Johnson, PI Industries, Shilpa Medicare, Thermax and Thomas Cook




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Stock Market Live Updates 13 November 2024: Gift Nifty signals gap-down opening as market faces earnings and inflation pressures

Sensex, Nifty, Share Prices LIVE: Gift Nifty indicates a likely 100-point gap-down opening for Nifty at 23,870 on Wednesday as global markets remain weak. Analysts cite concerns over an earnings slowdown and persistently high inflation; Jefferies India downgraded full-year earnings for 63% of the 121 large companies it covers due to economic slowing. India’s retail inflation surged to a 14-month high of 6.21% in October, with steep rises in food and metal prices potentially influencing the RBI’s December policy stance. A continued hold on rates seems likely, but analysts at AngelOne note a shallower rate-cut cycle ahead for India, mirroring the US trend. Options data signals resistance around 24,500 due to heavy call writing and support near 23,500, with a bearish put-call ratio drop to 0.52. India VIX rose to 14.60 (+2.40%), suggesting caution; however, lower volatility generally supports bullish sentiment, according to SAMCO’s Dhupesh Dhameja.




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Nifty faces bearish pressure amid economic slowdown and rising inflation

Analysts indicate significant pressure on mid-cap and small-cap sectors as a substantial portion of companies fail to meet expectations




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Kolkata doctor rape and murder: Junior doctors’ hunger strike enters 10th day; another protesting medic hospitalised

“A medical staff is in the CCU and his parameters have deteriorated. We have formed a medical board to treat him,” a senior doctor of the NRS Medical College and Hospital told




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Kolkata doctor rape and murder: Junior doctors' hunger strike enters 11th day

Ongoing unrest in Kolkata as doctors’ hunger strike continues, with two more falling ill, sparking further protests




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Watch: Kolkata rape-murder case: SC questions civic police volunteer scheme, calls it political patronage

What transpired during the proceedings? What were the directions issued by the top court?




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R.G. Kar case: Victim’s parents praise Supreme Court’s intervention on civic volunteers

On October 15, the top court raised questions about the role, hiring process, and authority of the civic volunteers in West Bengal; prime accused Sanjay Roy was a civic volunteer




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R.G. Kar issue: Junior doctors fast-unto-death enters 13th day

So far, six fasting junior doctors had to be hospitalised following severe deterioration of their health parameters, says Dr. Suvendu Mallick amid fast-unto-death agitation by junior doctors




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Protesting junior doctors collect signatures from the public in Kolkata

Aniket Mahato, one of prominent faces of the doctors’ movement who fell ill during the hunger strike, has sought Chief Minister Mamata Banerjee’s intervention to resolve the crisis




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Mamata holds meeting with top officials on healthcare infra upgradation amid doctor’s fast-unto-death protest

After the meeting with CM Mamata Banerjee, the Chief Secretary Manoj Pant called for a meeting of principals and MSVPs of all the State-run hospitals




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Doctors continue fast in West Bengal, question Mamata

With protesting junior doctors falling sick out of starvation, more and more doctors are joining the fasting protest at Kolkata’s Esplanade, braving heat, humidity, and deteriorating health




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Mamata Banerjee reaches out to striking junior doctors, meeting scheduled on October 21

West Bengal Chief Minister refuses to accept demand made by protesting doctors seeking removal of State’s Health Secretary




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R.G. Kar victim’s parents accuse Trinamool Congress leader of hurrying cremation 

R.G. Kar victim’s parents said that they had gone to Tala Police Station to tell the police that they did not want their daughter’s body to be cremated that night




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Health-insurance premium: Sustained efforts by West Bengal forced Centre's likely decision to exempt GST: Mamata Banerjee

The Chief Minister of West Bengal said the Central Government appears to be "under pressure" to cut taxes to benefit common people




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Amid Mamata's appeal to withdraw stir, junior doctor's indefinite hunger strike enters 16th day

The protesting doctors refused to end their hunger strike until all their demands were met but agreed to join the talks on Monday, after speaking with Chief Minister Mamata Banerjee over phone




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RG Kar Issue: Junior doctors meeting start with Bengal CM Mamata at state secretariat

"We are looking for a positive outcome from the meeting," said Debasish Halder, one of the agitating junior doctors, as they departed for Nabanna, the state secretariat; 17 junior doctors have gone to meet the CM




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R.G. Kar case: Protesting junior doctors call off hunger strike after meeting Mamata

The two week long hunger strike came to an end after repeated requests from the government. Both parties have agreed to form a task force by March 2025




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Calcutta High Court stays suspension of 51 R.G. Kar doctors

An internal enquiry committee had suspended the doctors for promoting a threat culture and intimidation within the hospital premises. The court said that the suspension cannot go through without the State government’s or the Health Department’s approval.




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Relief for Kolkata’s anxious tram employees, enthusiasts as service resumes after long delay

Kolkata tram service, having just three routes with only two functional, resumes after Durga Puja suspension due to traffic congestion concerns




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No Left-Congress alliance for Assembly byelections in West Bengal

This comes after the Congress appointed Subhankar Sarkar as the president of the West Bengal Pradesh Congress Committee in September, replacing Adhir Ranjan Chowdhury




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U.K. to invest ₹205 crore to help fight plastic pollution in West Bengal

This investment will enable the expansion and development of an integrated single-line bottle-to-bottle food-grade recycling plant by Magpet at Vidyasagar Industrial Park, Kharagpur




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Cyclonic storm Dana: Kolkata airport to suspend flight operations from 6 pm on October 24

The IMD said that the cyclone is likely to make landfall between Bhitarkanika National Park and Dhamra port in neighbouring Odisha on October 25




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Protesting doctors hold convention at R.G. Kar Hospital with fresh call for justice

Doctors to decide future course of agitation after consultation with stakeholders




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Torches and tension on elephant corridors

South Bengal has been dealing with a human-wildlife problem for the past three decades. With densely populated habitations between forest patches, deaths and injuries to both people and animals are common. Shrabana Chatterjee visits Jhargram district after a troubling incident a couple of months ago




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West Bengal CPI(M) suspends ex-MLA over allegation of misbehaviour with woman journalist

The journalist claimed that he had made improper advances and touched her when she went to interview him at his residence




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Nagpur Enforcement Directorate attaches assets more than ₹500 crore from various locations

The attached movable and immovable assets valued at ₹503.16 crore is related to a bank fraud case




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Protests erupt in parts of West Bengal over exclusion of names in Banglar Awas Yojana

Amidst the protests, a notification was issued by the State government suggesting that fresh verification will be made to look into the names of beneficiaries who have been excluded




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Kolkata police amps up inspection on firecracker shops ahead of Deepawali

Only green crackers are allowed in markets to ensure low pollution and air quality control




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Kolkata police arrest 601 for violations on Deepavali and Kali Puja; three dead in Howrah as house catches fire

The Kolkata Traffic Police registered cases against 841 people on charges such as rash driving and drunken driving. In an incident in Ward 110 of Patuli area, an adolescent boy was injured in a crude bomb explosion. In Howrah district, three people, including two children, died after a house where firecrackers had been stored caught fire.




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Junior doctors call for capital punishment in R.G. Kar rape-murder case

Junior doctors in Kolkata demand CBI action and capital punishment for rape and murder case perpetrators, seeking justice