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Mumbai: Benchmark Sensex spurted by 484 points and Nifty closed at a 52-week high on Friday, extending their winning run to the third consecutive day on buying in blue-chip banking and oil shares and foreign fund inflows. In a volatile session, the 30-share BSE Sensex jumped 484.53 points or 0.58 per cent to settle at 83,952.19, a level not seen since June 27. During the day, it surged 704.58 points or 0.84 per cent to 84,172.24. The 50-share NSE Nifty climbed 124.55 points or 0.49 per cent to s ...Read More >
A new vehicle logistics hub for the armed forces has opened in Leh. This facility will improve operational readiness in high-altitude areas. Satellite hubs are planned for Kargil, Tangtse, and Nyoma. The hub will address logistics and maintenance challenges. It centralizes logistics and equipment support. This ensures faster repairs and better spare availability for sustained operations. A new generation vehicle logistics hub for the armed forces has come up in Leh, with satellite hubs planned ...Read More >
Mahindra & Mahindra rose 2.14% to Rs 3637.30 after the company entered into a strategic cooperation agreement with Brazil's Embraer Defense & Security to introduce the C-390 Millennium military transport aircraft to India.The agreement was signed in New Delhi alongside the inauguration of Embraers national office in Aerocity. It follows a memorandum of understanding signed in February 2024 at the Brazilian Embassy in New Delhi. The partnership aims to advance the C-390 Millennium for the Indian ...Read More >
Mumbai, Oct 17 (SocialNews.XYZ) Indian stock markets ended higher on Friday, extending gains for the third straight session ahead of Diwali. Both Sensex and Nifty touched their 52-week highs during the day, supported by buying in financials, autos, and FMCG stocks. At the close, the Sensex stood at 83,952.19, up 484.53 points or 0.58 per cent, while the Nifty ended at 25,709.85, up 124.55 points or 0.49 per cent. "Technically, Nifty looks strong for further gains, and experts believe that a " ...Read More >
Mumbai: Ahead of the BMC polls in the city, deputy chief minister Eknath Shinde transferred pending rent of nearly Rs 17.7 crore to 883 families of a Slum Rehabilitation Authority (SRA) project in Magathane on Tuesday.The Devipada Cooperative Housing Society redevelopment project, which is coming up on a 30,287 sq m Mhada plot, has been stuck for a long time, and the total rent owed to the affected slumdwellers is around Rs 46 crore, said SRA officials.When the builder deposited Rs 17.7 crore to ...Read More >
Mumbai, Oct 16 (PTI) Benchmark BSE Sensex jumped by 862.23 points while Nifty closed near the 25,600 mark on Thursday, following across-the-board buying by investors triggered by a global stocks rally and US Fed rate cut hopes. The 30-share BSE Sensex jumped 862.23 points or 1.04 per cent to settle at 83,467.66 with 28 of its constituents ending higher and two with losses. During the day, it zoomed 1,010.05 points or 1.22 per cent to 83,615.48. The 50-share NSE Nifty surged 261.75 points or 1. ...Read More >
Mumbai, Oct 16 (PTI) Equity markets ended sharply higher on Thursday, with the benchmark Sensex rising 862.23 points and the Nifty scaling 25,585.30 level, tracking a rally in global markets amid US Fed rate cut hopes. Fresh foreign fund inflows also added to the markets' optimism. The 30-share BSE Sensex jumped 862.23 points or 1.04 per cent to settle at 83,467.66. During the day, it zoomed 1,010.05 points or 1.22 per cent to 83,615.48. The 50-share NSE Nifty surged 261.75 points or 1.03 per ...Read More >
Mumbai, Oct 16 (SocialNews.XYZ) Equity markets opened higher on Thursday, supported by stock-specific action as companies continue to announce their Q2 results. At the opening bell, the Sensex climbed 340 points, or 0.41 per cent, to trade at 82,945. Similarly, the Nifty rose 105 points, or 0.41 per cent, to 25,428. "From a technical perspective, a sustained move above 25,450 could pave the way for a rally toward 25,500. On the downside, immediate support lies at 25,200 and 25,150, which may s ...Read More >
South Korean auto major Hyundai Motor Co is making its most ambitious move yet in India, committing an investment of Rs 45,000 crore by FY2030 to turn the country into its second-largest market globally, next only to the US. The announcement, which was made at Hyundai Motor India's (HMIL) first-ever Investor Day in Mumbai on Wednesday, comes alongside another major decision, which is that for the first time since its India entry in the mid-1990s, the company will be led by an Indian managing dir ...Read More >
Pune: Hyundai Motor will invest Rs 45,000 crore to expand its manufacturing and research operations to make the world's third-largest car market at the heart of its growth strategy, its President & CEO Jose Munoz said on Wednesday. He told reporters that this investment will help South Korean automaker to increase its annual production by about a third to 1.1 million vehicles by 2030 in India, introduce 26 cars, including its first hybrid vehicle and launch its luxury car brand Genesis in the I ...Read More >
New Delhi: Mahindra vehicles have been a popular choice in the Indian market. People have always been enthusiastic about purchasing their vehicles. You've likely seen Mahindra's Bolero, which still holds its place in the market. A new model of the popular Bolero has been launched. The new vehicle will be equipped with modern technology. It also includes new styling and advanced features. This SUV model is expected to become a customer favourite. The new Bolero range is priced from ₹7.99 lakh to ...Read More >
New Delhi, Oct 3 (PTI) Major companies across sectors, including automakers, consumer electronics, and consumer goods, have reported record sales during the nine-day auspicious Navratri period, according to data shared by leading firms. The robust sales were aided by the recent GST reform, which saw a substantial drop in tax rates, leading to price reductions across consumer goods, appliances, such as TVs (above 32-inch screen size), air conditioners and automobiles. The industry reported a sp ...Read More >
New Delhi, Oct 3 (SocialNews.XYZ) India's economy witnessed its highest Navratri sales of consumer goods in over a decade, propelled by the government's next-gen GST reforms that reduced tax rates and made products more affordable for the consumers. These measures not only lowered prices but also unlocked consumer aspirations, enabling families to upgrade vehicles, invest in home appliances, and spend more freely on lifestyle goods, turning festive cheer into record-breaking consumption, as per ...Read More >
New Delhi [India], October 2 (ANI): Mahindra & Mahindra Ltd. marked its 80th Founders' Day on Thursday, paying tribute to the vision of its founders, J.C. Mahindra and K.C. Mahindra, who established the company on October 2, 1945. According to a Mahindra & Mahindra Ltd. press release, the story of Mahindra began even before India's independence. In 1945, as the world emerged from war and uncertainty, the company placed an advertisement in a media outlet. Rather than promoting products, the ad m ...Read More >
Mumbai, Oct 1 (PTI) Benchmark indices Sensex and Nifty were trading in the positive territory in early trade on Wednesday, after eight days of decline, on value-buying at lower levels ahead of the RBI's interest rate decision later in the day. Buying in blue-chip Reliance Industries also added to markets' optimism. The 30-share BSE Sensex climbed 142.63 points to 80,410.25 in early trade. The 50-share NSE Nifty went up by 50.75 points to 24,661.85. From the Sensex firms, Sun Pharma, Trent, Te ...Read More >
New Delhi [India], September 30: TECNO Mobile is turning up the festive excitement with jaw-dropping deals worth INR 100 crore on its latest smartphones, where one lucky winner will also get a chance to win the Mahindra BE 6. With innovative features, stylish designs, and unbeatable festive offers, TECNO is all set to make this festive season brighter, smarter, and more rewarding for every consumer. As part of its TECNO Tyohar campaign, running from 22nd September to 31st October 2025, every pur ...Read More >
New Delhi [India], September 30: TECNO Mobile is turning up the festive excitement with jaw-dropping deals worth INR 100 crore on its latest smartphones, where one lucky winner will also get a chance to win the Mahindra BE 6. With innovative features, stylish designs, and unbeatable festive offers, TECNO is all set to make this festive season brighter, smarter, and more rewarding for every consumer. As part of its TECNO Tyohar campaign, running from 22nd September to 31st October 2025, every pur ...Read More >
MUMBAI: The domestic equity indices ended the session slightly lower on Tuesday, trading range-bound amid investors showing a cautious approach ahead of the RBI monetary policy outcome. Sensex ended the session at 80, 267.62, down 97 points or 0.12 per cent. The 30-share index started the session in green at 80, 541.77, breaking a seven-day losing streak, against last session's closing of 80, 364.94. However, the index dragged in negative territory following selling in heavyweights like ITC and ...Read More >
Mumbai, Sep 30 (SocialNews.XYZ) The domestic equity indices ended the session slightly lower on Tuesday, trading range-bound amid investors showing a cautious approach ahead of the RBI monetary policy outcome. Sensex ended the session at 80,267.62, down 97 points or 0.12 per cent. The 30-share index started the session in green at 80,541.77, breaking a seven-day losing streak, against last session's closing of 80,364.94. However, the index dragged in negative territory following selling in heav ...Read More >
Mumbai, September 30: Indian equity markets closed on a cautious note on September 29, with benchmark indices ending flat amid volatility and profit booking. The BSE Sensex slipped 61.52 points to 80,364.94, while the Nifty 50 fell 19.80 points to 24,634.90. Sector-wise, PSU banks led gains with a 1.89% rise, while the Defence index lagged, down 1.20%. We at LatestLY list a few stocks that are expected to remain in focus on September 30, including Mahindra And Mahindra Ltd (NSE: M&M), Indian Rai ...Read More >
Chennai: Mahindra and Mahindra (M&M) has entered into a share purchase agreement (SPA) with Turkish company Tera Yatirim Teknoloji Holding Anonim Sirketi (TERA). As part of the SPA, M&M has agreed to sell its entire stake in its wholly-owned Finnish subsidiary Sampo Rosenlew Oy to TERA for around Rs 52 crore or euro 5 million. "Consequent to completion of the aforesaid transaction, Sampo would cease to be a wholly owned subsidiary of the company," said M&M in an official statement. "This divesti ...Read More >
New Delhi: Electric Vehicles (EVs) are set to get noisier, thanks to a decision by the Government of India. It has directed EV manufacturers to install Acoustic Vehicle Alerting Systems (AVAS) on the vehicles to protect pedestrians and other road users. All new passenger and goods-carrying EVs have to be equipped with AVAS starting October 1, 2026, while existing models in production must comply by October 1, 2027, the Ministry of Road Transport and Highways (MoRTH) has proposed in a draft not ...Read More >
Mumbai, Sep 29 (PTI) Equity benchmark indices Sensex and Nifty rebounded in early trade on Monday after registering a sharp fall last week, amid value-buying at lower levels and a firm trend in global markets. The 30-share BSE Sensex climbed 255.46 points to 80,681.92 in early trade. The 50-share NSE Nifty went up by 89.05 points to 24,743.75. From the Sensex firms, Bharat Electronics, Eternal, Tata Steel, Tata Motors, Titan and Mahindra & Mahindra were among the major gainers. However, Hindu ...Read More >
For the month, FII sold equities worth Rs 30,141.68 crore, while DII bought equities worth Rs 55,736.09 crore. The broader indices broke a three-week gaining streak and underperformed the main indices as markets remained under pressure throughout the week on worries over fresh tariffs on pharma, higher visa fees by the US, persistent trade concerns, and continued FII selling. For the week, Nifty50 plunged 672.35 points or 2.65 percent to finish at 24,654.70, while the BSE Sensex index declined ...Read More >
New Delhi: The national capital recently witnessed two launches within weeks of each other. On 11 August, Elon Musk's Tesla had a lowkey launch for its second showroom in India, in Delhi's Aerocity. The global brand had only one model on display with a small crowd in attendance. On 6 September, a stone's throw away from Tesla's showroom, VinFast Auto Ltd, a little-known Vietnamese brand, made a much bigger splash. In a large ballroom that could easily hold more than 100 people, the company's le ...Read More >
Mumbai: Benchmark stock indices Sensex and Nifty tumbled nearly one per cent on Friday, marking their sixth consecutive day of decline, following heavy selling in pharma and IT shares as US President Donald Trump announced 100 per cent duties on branded drugs from next month. The 30-share BSE Sensex tanked 733.22 points or 0.90 per cent to settle at a three-week low of 80,426.46. During the day, it dropped 827.27 points or one per cent to 80,332.41 points. The 50-share NSE Nifty tumbled 236.15 p ...Read More >
Mumbai, Sep 26 (SocialNews.XYZ) The Indian equity market ended the week on a negative note on Friday amid weak global cues and fresh US tariffs on certain pharmaceuticals imports. Nifty Pharma fell 470 points or 2.14 per cent. Sensex ended the session at 80,426.46, down 733.22 points or 0.90 per cent. The 30-share index started the session a bit lower at 80,956.01 against last session's closing of 81,159.68. The index further extended the loss amid overall selling to hit an intraday low of 80,3 ...Read More >
Mumbai, Sep 26 (PTI) Benchmark stock indices Sensex and Nifty tumbled nearly 1 per cent on Friday, marking their sixth consecutive day of decline, following heavy selling in pharma and IT shares as US President Donald Trump announced 100 per cent duties on pharmaceutical drugs from next month. The 30-share BSE Sensex tanked 733.22 points or 0.90 per cent to settle at a three-week low of 80,426.46. During the day, it dropped 827.27 points or 1 per cent to 80,332.41. The 50-share NSE Nifty tumbl ...Read More >
India's export regulations have been amended by the Directorate General of Foreign Trade, now permitting the export of Second Generation (2G) ethanol. This eco-friendly ethanol, derived from non-food sources like agricultural residues, aligns with sustainability goals due to its low CO₂ emissions. Exports necessitate valid authorization and feedstock certification, impacting ethanol under ITC(HS) Code 22072000. The Directorate General of Foreign Trade (DGFT) on Wednesday updated India's export ...Read More >
New Delhi [India], September 24 (ANI): After meeting the target of 20 per cent ethanol blending in Petrol, the time has arrived when India should gear up for exporting ethanol given its surplus production in the country, Minister of Road Transport and Highways, Nitin Gadkari, said on Wednesday. "It is the time for India's futuristic development. We need to reduce our imports and increase our exports. As far as the surplus of ethanol, it is now the requirement of the country that we need to expo ...Read More >
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