No rethink on FDI curbs in multi-brand retail sector: Piyush Goyal
https://www.thehindu.com/business/Economy/no-rethink-on-fdi-curbs-in-multi-brand-retail-sector-piyush-goyal/article68715363.ece
https://www.thehindu.com/business/Economy/no-rethink-on-fdi-curbs-in-multi-brand-retail-sector-piyush-goyal/article68715363.ece
The Hindu
No rethink on FDI curbs in multi-brand retail sector: Piyush Goyal
Commerce Minister Piyush Goyal reaffirms no changes to FDI curbs in Multi-Brand Retail sector during US session.
India, U.S. exploring combined engagement with third countries to source minerals: Piyush Goyal
https://www.thehindu.com/business/Economy/india-us-exploring-combined-engagement-with-third-countries-to-source-minerals-piyush-goyal/article68715389.ece
https://www.thehindu.com/business/Economy/india-us-exploring-combined-engagement-with-third-countries-to-source-minerals-piyush-goyal/article68715389.ece
The Hindu
India, U.S. exploring combined engagement with third countries to source minerals: Piyush Goyal
India and the U.S. plan to collaborate with third countries to secure critical minerals for green energy transition.
HDFC Bank originates India’s largest securitisation transaction
https://economictimes.indiatimes.com/markets/stocks/news/hdfc-bank-originates-indias-largest-securitisation-transaction/articleshow/113935280.cms
https://economictimes.indiatimes.com/markets/stocks/news/hdfc-bank-originates-indias-largest-securitisation-transaction/articleshow/113935280.cms
The Economic Times
HDFC Bank originates India’s largest securitisation transaction
Indias largest private sector lender HDFC Bank has originated the largest securitisation pool of Rs 9,063 crore, rated AAA by domestic rating agency India Ratings. The asset-backed securitisation transaction is backed by a pool of new car loans
Info Edge, Lloyds Metals among 5 small and midcap stocks that hit 52-week highs on Friday - Standing Tall!
https://economictimes.indiatimes.com/markets/stocks/news/info-edge-lloyds-metals-among-5-small-amp-midcap-stocks-that-hit-52-week-highs-on-friday/slideshow/113935587.cms
https://economictimes.indiatimes.com/markets/stocks/news/info-edge-lloyds-metals-among-5-small-amp-midcap-stocks-that-hit-52-week-highs-on-friday/slideshow/113935587.cms
The Economic Times
Info Edge, Lloyds Metals among 5 small and midcap stocks that hit 52-week highs on Friday - Standing Tall!
Sensex and Nifty erased all intra-day gains to trade deep in the red on Friday, remaining on course for their worst week in more than two years after a deluge of foreign outflows and on concerns about the deepening conflict in the Middle East. Meanwhile,…
Apple To Launch Four More Stores In India, To Roll Out 'Made-In-India' iPhone 16
https://www.ndtvprofit.com/business/apple-to-launch-four-more-stores-in-india-to-roll-out-made-in-india-iphone-16
https://www.ndtvprofit.com/business/apple-to-launch-four-more-stores-in-india-to-roll-out-made-in-india-iphone-16
NDTV Profit
Apple To Launch Four More Stores In India, To Roll Out 'Made-In-India' iPhone 16
Apple is now manufacturing the entire iPhone 16 lineup, including iPhone 16 Pro and iPhone 16 Pro Max, in India.
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Sebi gives in-principle nod to Jio Fin-BlackRock for mutual fund entry
https://www.business-standard.com/markets/mutual-fund/sebi-gives-in-principle-nod-to-jio-blackrock-for-mutual-fund-entry-124100401163_1.html
https://www.business-standard.com/markets/mutual-fund/sebi-gives-in-principle-nod-to-jio-blackrock-for-mutual-fund-entry-124100401163_1.html
Business-Standard
Sebi gives in-principle nod to Jio-BlackRock for mutual fund entry
Jio's entry in the MF space is expected to spruce up the competition in the industry which currently has over Rs 66 trillion in assets under management
Telecom Department And Telcos Implement Phased System To Combat Overseas Spoof Calls
https://www.ndtvprofit.com/business/telecom-department-and-telcos-implement-phased-system-to-combat-overseas-spoof-calls
https://www.ndtvprofit.com/business/telecom-department-and-telcos-implement-phased-system-to-combat-overseas-spoof-calls
NDTV Profit
Telecom Department And Telcos Implement Phased System To Combat Overseas Spoof Calls
The telecom department said that cyber criminals exploit the Calling Line Identity (CLI) to mask the actual origin of the calls.
Maharashtra CM Eknath Shinde Approves Rs 29,550 Crore Investment In Ratnagiri
https://www.ndtvprofit.com/business/maharashtra-cm-eknath-shinde-approves-rs-29550-crore-investment-in-ratnagiri
https://www.ndtvprofit.com/business/maharashtra-cm-eknath-shinde-approves-rs-29550-crore-investment-in-ratnagiri
NDTV Profit
Maharashtra CM Eknath Shinde Approves Rs 29,550 Crore Investment In Ratnagiri
The projects approved by CM Eknath Shinde will generate 38,120 jobs in Maharashtra.
F&O Talk: Geopolitical tensions push Nifty below 50 DEMA—Buy or wait? Explains Sudeep Shah of SBI Securities
https://economictimes.indiatimes.com/markets/expert-view/fo-talk-geopolitical-tensions-push-nifty-below-50-demabuy-or-wait-explains-sudeep-shah-of-sbi-securities/articleshow/113963199.cms
https://economictimes.indiatimes.com/markets/expert-view/fo-talk-geopolitical-tensions-push-nifty-below-50-demabuy-or-wait-explains-sudeep-shah-of-sbi-securities/articleshow/113963199.cms
The Economic Times
F&O Talk: Geopolitical tensions push Nifty below 50 DEMA—Buy or wait? Explains Sudeep Shah of SBI Securities
Nifty50 and Sensex fell over 4% due to Middle East tensions and a shift of FII funds to cheaper Asian markets. IT stocks remained resilient amid this decline. Retail investors are advised to be cautious and avoid bottom fishing in Mid and Small Caps. Sectors…
SpiceJet Says Progress Made In Clearing PF Dues After Reports Of Delhi Police Case
https://www.ndtvprofit.com/business/spicejet-says-progress-made-in-clearing-pf-dues-after-reports-of-delhi-police-case
https://www.ndtvprofit.com/business/spicejet-says-progress-made-in-clearing-pf-dues-after-reports-of-delhi-police-case
NDTV Profit
SpiceJet Says Progress Made In Clearing PF Dues After Reports Of Delhi Police Case
SpiceJet is alleged to have withheld 12% of employees' salaries for PF contributions from June 2022 to July 2024 but failed to transfer these amounts to the their PF accounts.
IT sector Q2 preview: Single-digit revenue growth seen, FY25 guidance may improve
https://economictimes.indiatimes.com/markets/stocks/earnings/it-sector-q2-preview-single-digit-revenue-growth-seen-fy25-guidance-may-improve/articleshow/113963387.cms
https://economictimes.indiatimes.com/markets/stocks/earnings/it-sector-q2-preview-single-digit-revenue-growth-seen-fy25-guidance-may-improve/articleshow/113963387.cms
The Economic Times
IT sector Q2 preview: Single-digit revenue growth seen, FY25 guidance may improve
Indian IT companies are projected to see up to 4% revenue growth for the quarter ending September 30, 2024. Analysts foresee positive trends for FY25, with large-cap firms anticipated to show stable or slight increases in earnings, driven by volume growth…
IDFC First Bank announces integration with GST portal
https://www.thehindu.com/business/idfc-first-bank-announces-integration-with-gst-portal/article68722211.ece
https://www.thehindu.com/business/idfc-first-bank-announces-integration-with-gst-portal/article68722211.ece
The Hindu
IDFC First Bank announces integration with GST portal
IDFC First Bank integrates Internet banking and branch network with GST portal for seamless payments and easy access to challans.
Govt grants one-year extension to RBI Deputy Governor Rajeshwar Rao
https://www.thehindu.com/business/Economy/govt-grants-one-year-extension-to-rbi-deputy-governor-rajeshwar-rao/article68722697.ece
https://www.thehindu.com/business/Economy/govt-grants-one-year-extension-to-rbi-deputy-governor-rajeshwar-rao/article68722697.ece
The Hindu
Govt grants one-year extension to RBI Deputy Governor Rajeshwar Rao
RBI Deputy Governor M. Rajeshwar Rao's term extended by government for one year, effective October 9, 2024.
CG Power to acquire Radio Frequency components biz of Renesas for $36 million
https://www.thehindu.com/business/Industry/cg-power-to-acquire-radio-frequency-components-biz-of-renesas-for-36-million/article68722700.ece
https://www.thehindu.com/business/Industry/cg-power-to-acquire-radio-frequency-components-biz-of-renesas-for-36-million/article68722700.ece
The Hindu
CG Power to acquire Radio Frequency components biz of Renesas for $36 million
CG Power acquires Renesas Electronics' RF components business to enter semiconductor design sector, enhancing India's presence.
L&T Eyes Role In NASA's Successor To The International Space Station
https://www.ndtvprofit.com/business/lt-eyes-role-in-nasas-successor-to-the-international-space-station
https://www.ndtvprofit.com/business/lt-eyes-role-in-nasas-successor-to-the-international-space-station
NDTV Profit
L&T Eyes Role In NASA's Successor To The International Space Station
L&T was earlier in talks with Jeff Bezo's Blue Origin for supplying orbital launch capabilities and space habitat solutions but the negotiations ran into some difficulties.
Trade Setup For Oct. 7: Nifty To See More Volatility, Support Seen At 24,750
https://www.ndtvprofit.com/markets/trade-setup-for-oct-7-nifty-to-see-more-volatility-support-seen-at-24750
https://www.ndtvprofit.com/markets/trade-setup-for-oct-7-nifty-to-see-more-volatility-support-seen-at-24750
NDTV Profit
Trade Setup For Oct. 7: Nifty To See More Volatility, Support Seen At 24,750
For Nifty, the 20 Exponential Moving Average, or EMA, which coincides with Friday's high near 25,500 will act as a stiff resistance, with 25,300 being the immediate resistance before that.
Tata Digital's financial services bet pays off as credit cards top 1.5 mn
https://www.business-standard.com/companies/news/tata-digital-s-financial-services-bet-pays-off-as-credit-cards-top-1-5-mn-124100600406_1.html
https://www.business-standard.com/companies/news/tata-digital-s-financial-services-bet-pays-off-as-credit-cards-top-1-5-mn-124100600406_1.html
Business-Standard
Tata Digital's financial services bet pays off as credit cards top 1.5 mn
According to Tata Digital's FY24 annual report, its financial services have witnessed significant growth, with its co-branded credit card reaching 1.18 million cards
Nifty has strong support at 24,800: Technical Analysts
https://economictimes.indiatimes.com/markets/stocks/news/nifty-has-strong-support-at-24800-technical-analysts/articleshow/113996428.cms
https://economictimes.indiatimes.com/markets/stocks/news/nifty-has-strong-support-at-24800-technical-analysts/articleshow/113996428.cms
The Economic Times
Nifty has strong support at 24,800: Technical Analysts
On the upside, immediate resistance is expected at 25,250. Stocks such as Coforge, Balrampur Chini, JK Lakshmi Cement, Divis Lab, Torrent Pharma, Titan, Ipca Labs, and Lal PathLabs could attract support-based buying, said analysts.
Healthy Kitty: India's forex reserves of over $700 billion 4th largest in the world
https://economictimes.indiatimes.com/markets/forex/healthy-kitty-indias-forex-reserves-of-over-700-billion-4th-largest-in-the-world/articleshow/113996456.cms
https://economictimes.indiatimes.com/markets/forex/healthy-kitty-indias-forex-reserves-of-over-700-billion-4th-largest-in-the-world/articleshow/113996456.cms
The Economic Times
Healthy Kitty: India's forex reserves of over $700 billion 4th largest in the world
India's reserves-comprising major currencies, gold special drawing rights and reserves with the International Monetary Fund (IMF)-have been rising steadily since 2013, when the country was part of the "fragile five" category and foreign investors exited because…
Goswami Infra seeks waivers related to Afcons IPO
https://economictimes.indiatimes.com/markets/ipos/fpos/goswami-infra-seeks-waivers-related-to-afcons-ipo/articleshow/113996475.cms
https://economictimes.indiatimes.com/markets/ipos/fpos/goswami-infra-seeks-waivers-related-to-afcons-ipo/articleshow/113996475.cms
The Economic Times
Goswami Infra seeks waivers related to Afcons IPO
In a communication to bondholders, Goswami Infratech has assured bondholders of ₹14,300-crore NCDs (non-convertible debentures) that it is not seeking a waiver on pricing conditions, but is requesting an extension of the time to comply with restrictions imposed…