Category: Latest

Latest financial and market news — updated throughout the day on EarnFree.in

VEDANTA: CO PROMOTER GROUP WAS LIKELY TO SELL ABOUT 9 CR SHARES TO RAISE AROUND RUPEES 4,000 CR THROUGH BLOCK DEALS || VEDANTA RESOURCES HAS DENIED ANY PLANS TO SELL STAKES IN CO – ET NOW VEDANTA: CO PROMOTER GROUP WAS LIKELY TO SELL ABOUT 9 CR SHARES TO RAISE AROUND RUPEES 4,000 CR THROUGH BLOCK DEALS || VEDANTA RESOURCES HAS DENIED ANY PLANS TO SELL STAKES IN CO – ET NOW

VEDANTA: CO PROMOTER GROUP WAS LIKELY TO SELL ABOUT 9 CR SHARES TO RAISE AROUND RUPEES 4,000 CR THROUGH BLOCK DEALS || VEDANTA RESOURCES HAS […]

STEEL INDUSTRIES EXPOSIRE AND EXPENDITURE AT ALL TIME HIGH The total Capital Expenditure (capex) of all listed companies reached an all-time high of INR 9.1 trillion in FY24, an 18% YoY increase.For context, India’s Defence Budget is INR 6.2 trillion for FY2024-25 STEEL INDUSTRIES EXPOSIRE AND EXPENDITURE AT ALL TIME HIGH The total Capital Expenditure (capex) of all listed companies reached an all-time high of INR 9.1 trillion in FY24, an 18% YoY increase.For context, India’s Defence Budget is INR 6.2 trillion for FY2024-25

STEEL INDUSTRIES EXPOSIRE AND EXPENDITURE AT ALL TIME HIGH The total Capital Expenditure (capex) of all listed companies reached an all-time high of INR 9.1 […]

Travel and tourism are among India’s largest industries, contributing around $199.6 billion to the country’s GDP.The aim is to promote India as a premier international tourism destination. Travel and tourism are among India’s largest industries, contributing around $199.6 billion to the country’s GDP.The aim is to promote India as a premier international tourism destination

Travel and tourism are among India's largest industries, contributing around $199.6 billion to the country’s GDP. The aim is to promote India as a premier […]

Reliance shareholders approve retail unit’s $4 bn lease to Jio FinancialShareholders of India’s Reliance Industries approved a deal worth $4.3 billion between its units Reliance Retail and Jio Financial Services (JFS), according to a disclosure with stock exchanges on Friday. JFS plans to acquire equipment worth Rs 36,000 crore from Reliance Retail, as the financial services provider plans to enter the device leasing business.  Separately, shareholders of the billionaire Mukesh Ambani-led company also approved the re-appointment of Yasir Othman Al Rumayyan, the chairman of Saudi Aramco, as an independent director for a second term of five consecutive years Reliance shareholders approve retail unit’s $4 bn lease to Jio FinancialShareholders of India’s Reliance Industries approved a deal worth $4.3 billion between its units Reliance Retail and Jio Financial Services (JFS), according to a disclosure with stock exchanges on Friday. JFS plans to acquire equipment worth Rs 36,000 crore from Reliance Retail, as the financial services provider plans to enter the device leasing business.  Separately, shareholders of the billionaire Mukesh Ambani-led company also approved the re-appointment of Yasir Othman Al Rumayyan, the chairman of Saudi Aramco, as an independent director for a second term of five consecutive years

Reliance shareholders approve retail unit's $4 bn lease to Jio Financial Shareholders of India's Reliance Industries approved a deal worth $4.3 billion between its units […]

TVS MotorTVS Motor has signed an agreement with CSC Grameen eStores for its commercial vehicle range (3-Wheelers). The partnership will enable CSC Village Level Entrepreneurs (VLEs) to serve as a touchpoint for TVS Motor’s commercial vehicle TVS MotorTVS Motor has signed an agreement with CSC Grameen eStores for its commercial vehicle range (3-Wheelers). The partnership will enable CSC Village Level Entrepreneurs (VLEs) to serve as a touchpoint for TVS Motor’s commercial vehicle

TVS Motor TVS Motor has signed an agreement with CSC Grameen eStores for its commercial vehicle range (3-Wheelers). The partnership will enable CSC Village Level […]

CiplaCipla The USFDA has conducted an inspection at the Company’s manufacturing facility in Goa, India from 10th 21st June 2024. On conclusion of the inspection, the Company received 6 inspectional observations in Form 483 CiplaCipla The USFDA has conducted an inspection at the Company’s manufacturing facility in Goa, India from 10th 21st June 2024. On conclusion of the inspection, the Company received 6 inspectional observations in Form 483

Cipla Cipla The USFDA has conducted an inspection at the Company's manufacturing facility in Goa, India from 10th 21st June 2024. On conclusion of the […]

MIDHANI is proud to be associated with development of long range subsonic indigenously developed cruise missile” by DRDO. All critical materials were developed in mission mode. I also thank QA agencies and GTRE team for supporting us. Big moment for nation MIDHANI is proud to be associated with development of long range subsonic indigenously developed cruise missile” by DRDO. All critical materials were developed in mission mode. I also thank QA agencies and GTRE team for supporting us. Big moment for nation

MIDHANI is proud to be associated with development of long range subsonic indigenously developed cruise missile” by DRDO. All critical materials were developed in mission […]

Members of Unite at #TataSteel to stage indefinite strike from July 8 against job cutsAbout 1,500 #TataSteel workers to go on indefinite strike, union#FinanceNews Members of Unite at #TataSteel to stage indefinite strike from July 8 against job cutsAbout 1,500 #TataSteel workers to go on indefinite strike, union#FinanceNews

Members of Unite at #TataSteel to stage indefinite strike from July 8 against job cuts About 1,500 #TataSteel workers to go on indefinite strike, union […]

US Economic Event• S&P Global Composite PMI (Jun): Actual 54.6 Previous 54.5• Services PMI (Jun): Actual 55.1 Forecast 53.4 Previous 54.8• Manufacturing PMI (Jun): Actual 51.7 Forecast 51.0 Previous 51.3• Existing Home Sales (May): Actual 4.11M Forecast 4.08M Previous 4.14M• Existing Home Sales (MoM) (May): Actual -0.7% Previous -1.9%• Natural Gas Storage: Actual 71B Forecast 69B Previous 74B US Economic Event• S&P Global Composite PMI (Jun): Actual 54.6 Previous 54.5• Services PMI (Jun): Actual 55.1 Forecast 53.4 Previous 54.8• Manufacturing PMI (Jun): Actual 51.7 Forecast 51.0 Previous 51.3• Existing Home Sales (May): Actual 4.11M Forecast 4.08M Previous 4.14M• Existing Home Sales (MoM) (May): Actual -0.7% Previous -1.9%• Natural Gas Storage: Actual 71B Forecast 69B Previous 74B

US Economic Event • S&P Global Composite PMI (Jun): Actual 54.6 Previous 54.5 • Services PMI (Jun): Actual 55.1 Forecast 53.4 Previous 54.8 • Manufacturing […]

As per media sources, the upcoming regulation mandating credit card bill payments through Bharat Bill Payment System (#BBPS) from July is expected to be delayed as key card issuers like #HDFC Bank (20 million cards) and #Axis Bank (14 million) haven’t activated BBPS. While #RBI directed all credit card payments to be routed through BBPS after 30 June 2024, only 8 out of 34 card issuers have complied, thereby seeking an extension of 90 days As per media sources, the upcoming regulation mandating credit card bill payments through Bharat Bill Payment System (#BBPS) from July is expected to be delayed as key card issuers like #HDFC Bank (20 million cards) and #Axis Bank (14 million) haven’t activated BBPS. While #RBI directed all credit card payments to be routed through BBPS after 30 June 2024, only 8 out of 34 card issuers have complied, thereby seeking an extension of 90 days

As per media sources, the upcoming regulation mandating credit card bill payments through Bharat Bill Payment System (#BBPS) from July is expected to be delayed […]

Commodities updates* Gold – Rs 74350/10gm, Silver – Rs 91647/kg, Brcrude – Rs 6796/barrel, Copper – Rs 861.9/kg.*Corporate News* Tata Communications raises $250 million sustainability-linked loans.Triveni Eng & Industries Ltd acquire additional 36.34% stake in Sir Shadi lal enterprises Ltd for Rs. 44.83Cr Commodities updates* Gold – Rs 74350/10gm, Silver – Rs 91647/kg, Brcrude – Rs 6796/barrel, Copper – Rs 861.9/kg.*Corporate News* Tata Communications raises $250 million sustainability-linked loans.Triveni Eng & Industries Ltd acquire additional 36.34% stake in Sir Shadi lal enterprises Ltd for Rs. 44.83Cr

Commodities updates*Gold – Rs 74350/10gm, Silver – Rs 91647/kg, Brcrude – Rs 6796/barrel, Copper – Rs 861.9/kg. *Corporate News*Tata Communications raises $250 million sustainability-linked loans. […]

Primary market activities* IPO opening today Stanley Lifestyles Ltd (Main board) – Issue size 537.02Cr Medicamen Organics Ltd (NSE SME) – Issue size 10.54Cr Primary market activities* IPO opening today Stanley Lifestyles Ltd (Main board) – Issue size 537.02Cr Medicamen Organics Ltd (NSE SME) – Issue size 10.54Cr

Primary market activities*IPO opening todayStanley Lifestyles Ltd (Main board) – Issue size 537.02CrMedicamen Organics Ltd (NSE SME) – Issue size 10.54Cr Primary market activities* IPO […]