Bajaj Allianz Life focused on making life insurance accessible to all, says MD & CEO Tarun Chugh; special emphasis on Tier 2 and 3 markets

Expects growth to be driven by the company’s infrastructure vertical

Fundamentals of economy still remains strong: Mukherjea

5G enabled smartphones are presently priced above ₹15,000 and only 20 per cent of smartphones sold in India are 5G enabled

Consumer demand remained sluggish amid uncertain macroeconomic conditions and inventory levels were elevated because of high stocking in H2 2022, says IDC report 

In an interview with businessline, Sunil Raina, President and Business Head, Lava International shares his views

The company is projected to account for 7 per cent of all smartphone sales in the country from July to December, up from 5 per cent in the first half of 2023

Maharashtra Congress President Nana Patole has sparked a controversy with a provocative "dog" remark directed at the Bharatiya Janata Party (BJP) over its alleged treatment of the OBC community in Akola district.

India’s valuation premium of over 100 percent over EM rivals is a bit discomforting, say experts

Apollo Hospitals and Tata Steel up more than 6%, followed by HCL Tech (0.66 per cent), Coal India (0.61 per cent), and TCS (0.46 per cent)

Metal and technology stocks led the downturn, with Hindalco Industries emerging as the biggest laggard, tumbling 8.00 per cent

Metal and technology stocks led the slide

Project encompasses Corridor 3 from Sholinganallur to Sipcot, and Corridor 5 from Koyambedu to Elcot Park

Sensex, Nifty updates on November 8, 2024: Indian equity indices ended lower on TFriday, with the Sensex down by 55.47 points at 79,486.32 and the Nifty falling 51.10 points to 24,148.20. Market breadth was negative, with 1,314 shares advancing and 2,475 declining. Sector-wise, IT gained 0.7 per cent, while media, PSU Bank, and metals dropped. Midcap and smallcap indices shed 1 per cent and 1.6 per cent, respectively.

Taiwan Semiconductor Manufacturing Co, whose customers include Apple and Nvidia, has been at the forefront of the march towards AI that has helped it weather the tapering off of pandemic-led demand

India’s smartphone volume grew by 3% YoY during July-September, while its value surged by 12% YoY

After her unanimous win, Khelif jumped into her coaches' arms, one of them putting her on his shoulders and carrying her in a victory lap as she pumped her fists and grabbed an Algerian flag from the crowd

Apple is set to be fined by the European Union's antitrust regulators under the bloc's landmark rules aimed at reining in the power of Big Tech

Shares of Nvidia rallied to a record high on Thursday, making the chipmaker the first company in history to surpass a stock market value of $3.6 trillion as Wall Street extended a rally sparked by Donald Trump's return

Rapid improvements in the stability and efficiency of perovskite-silicon tandem cells are raising commercial hopes

As a tech services company, Ola has never been in hardcore manufacturing.And unlike in ride hailing, which is a two-player market (Uber is the only other competitor), in two-wheelers it faces many entrenched players.But most of all, rivals say Ola's targets are out of sync with most, even ambitious, projecti­ons.

The new car market is estimated at around 30,000 units a year in sales in a good year, whereas the used car market for luxury vehicles is estimated at around 60,000 cars annually.

Hyundai Motor India expects its SUV range to gain further traction in the domestic market with demand for personal mobility gaining momentum post the second wave of COVID-19, according to a senior company official.The company, which already leads the SUV space with models like Venue, Creta, Tucson and recently launched Alcazar, is looking to maintain its lead in the segment which is growing with each passing month.

The MG Motor India management is focused on scaling up and launching smaller cars to play the long game in the country, says Pavan Lall.

Noise leads the market with 27 per cent market share

Noise led the market with a 23 per cent share

Nikon to focus on mirrorless models

Pushes past China on back of affordable homegrown brands; many in global top five

Apple filed for trademarks in countries like US, EU, UK, and Canada, and others

The rupee fell in the wake of the US election but held up better than most other Asian currencies, which were hit by a dollar rally

Technology stocks led the gains in early trade, with Infosys rising 1.60 per cent, followed by Apollo Hospitals, Hindalco, Wipro, and Tech Mahindra

BSE Sensex falls 184 points to 79,357, while the Nifty50 declines 75.30 points to 24,124

Sensex, Nifty updates on November 11, 2024: Benchmark stock indices Sensex and Nifty closed flat in highly volatile trade on Monday as continuous FII selling, disappointing quarterly earnings and weak trends from Asian markets dented investor sentiment. After gyrating between highs and lows, benchmark Sensex eked out gains of 9.83 points or 0.01 per cent to settle at 79,496.15. The barometer gyrated 1,100.8 points between the day’s high of 80,102.14 and a low of 79,001.34. The NSE Nifty dipped marginally by 6.90 points or 0.03 per cent to 24,141.30. From the 30-share Sensex pack, Asian Paints tumbled over 8 per cent after the company on Saturday reported a 43.71 per cent decline in consolidated net profit to Rs 693.66 crore for the September quarter, impacted by soft-demand conditions, material price inflation and a decline in decorative and coatings business in the domestic market. Tata Steel, Bajaj Finance, Mahindra & Mahindra, JSW Steel, NTPC, Adani Ports, Bajaj Finserv and Larsen & Toubro were also among the laggards. However, Power Grid, HCL Technologies, Infosys, Tech Mahindra, Tata Consultancy Services and ICICI Bank were among the gainers.

China’s announcement of a five-year package totaling 10 trillion yuan ($1.4 trillion) to tackle local government debt problems fell short of market expectations

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

The market recovery came despite a weak opening influenced by China’s stimulus concerns and continued foreign investor selling

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

VC-backed companies are now looking at the euphoria in the market to list and return capital to their investors

Sensex, Nifty, Share Prices: The benchmark indices Sensex and Nifty, which traded on a weak note on Tuesday, settled 1 per cent lower for the day. Sensex closed at 78,675.18, lower by 820.97 points or 1.03 per cent, and Nifty 50 ended at 23,883.45, down by 257.85 points or 1.07 per cent. Barring the Nifty IT and Realty indices, all the sectoral indices are in red and led by bank stocks. As the Q2 earnings season concludes, analysts anticipate fund flows influencing market direction amid ongoing volatility. Gaurav Garg of Lemonn Markets Desk suggests that traders adopt hedged strategies focusing on selective stocks. Large-cap stocks are expected to perform relatively better as valuation pressures mount on the broader market. DSP Mutual Fund highlighted that mid-cap and small-cap indices have reached peak valuations, while large-cap stocks show signs of outperformance. Continued foreign portfolio outflows add to market volatility, but Pantomath Group’s ‘Market Kaleidoscope’ report points to India’s infrastructure push and rising private investment as economic stabilisers. Globally, Asian markets opened mixed, with gains in China and Japan offset by weaker Taiwanese and Korean indices.

A report from DSP Mutual Fund indicates a shift favouring large-cap stocks over small and mid-caps, as the latter reach high valuation levels

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.

At 9.57 am on Tuesday, January Brent oil futures were at $71.77, down by 0.08 per cent, and December crude oil futures on WTI (West Texas Intermediate) were at $67.97, down by 0.10 per cent

Sensex sheds 820 points, Nifty down 257 points

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.

With large IPOs like LIC and Hyundai India faltering, Swiggy’s listing today is expected to be muted, as analysts remain cautious amid subdued retail demand and challenging market conditions