Page 14 - Indian Markets

Paint companies Asian Paints and Berger Paints start slashing prices

Paint companies remain unperturbed with competition heating up

Go Digit IPO: Issue subscribed over 9.6 times on final day, QIBs bet big

According to the exchange data, the retail investor portion of the issue was subscribed 4.27 times. The qualified institutional buyers' portion was booked 12.56 times

Netgear explores possibility of building manufacturing facilities in India

Netgear, a global leader in networking technology, is exploring the possibility of establishing manufacturing facilities in India, the company said on Thursday. The inauguration of two new office floors for research and development here exemplifies the Nasdaq-listed company's unwavering commitment to this burgeoning market, marking a significant step forward for Netgear in bolstering its presence and investments in India, it said in a release. By participating in the 'Make in India' initiative, Netgear said, it hopes to increase its market presence, reduce production costs and foster local innovation. We are adding more space to our research centre and shall continue to invest more in engineering, sales and customer support in the coming years," Netgear CEO Charles (CJ) Prober, who is on a maiden visit to India, said at a press conference here. His visit signifies Netgear's strategic emphasis on establishing local manufacturing facilities to fortify its market position and synchron

Ex-PM Lee lauds SICCI for aiding Singapore firms in Indian market outreach

The Singapore Indian Chamber of Commerce and Industry (SICCI) has helped strengthen economic links between Singapore and India by providing local firms with market outreach and advisory on the Indian market, former Prime Minister Lee Hsien Loong has said. These efforts have helped us to benefit from India's tremendous growth potential, Lee said in a farewell letter to the SICCI after relinquishing the premiership on Wednesday in a political leadership renewal process of the People's Action Party which has ruled the prosperous city-state for six decades. He noted SICCI's significant contribution to Singapore's economic growth, highlighting, You helped many local Indian firms grow their businesses through transformation, innovation, and overseas expansion. SICCI has also been a close partner of the government, providing valuable feedback on government policies, said Lee who led Singapore for 20 years and now sits as a senior minister in the Cabinet headed by Lawrence Wong -- sworn in

Stocks to Buy: Here's why Anand Rathi suggests HAL, Titan, Aegis Logistics

Since reaching its peak around the Rs 3,800 mark on April 1, 2024, the market has experienced a significant downturn, with a decline of nearly 600 points, translating to a 16 per cent loss in price

Statsguru: Declining foreign ownership of the Indian stock market

The decline in foreign ownership comes amid rising domestic investor participation and lower relative attractiveness of the Indian market, despite higher earnings growth

Motilal Oswal Midcap Fund: High concentration, consistent performance

The fund aims for long-term capital appreciation by investing in quality midcap companies with sustainable competitive advantages and significant growth potential

SIP inflows peak at Rs 20K crore as MFs conquer 6.4 million accounts

Growth momentum remains strong despite KYC hurdle

Volume recovery crucial for Marico's growth in FY25, stock gains

The premium and urban segments continued to outperform rural and mass segments

Mutual fund equity buying tops Rs 1 trillion for 2024, shows data

The elevated equity market deployment in April indicates sustained inflows into equity schemes despite volatility

Mixed impact on Adani group stocks after Sebi alleges non-compliance

Show cause notices sent to seven group for related party disclosure violation

REC: Powering ahead on strong results in Q4 and a healthy outlook

REC has also diversified its loan portfolio with a mandate of up to 33 per cent of loans in Infrastructure and Logistics

Consumer sentiments highest in at least 62 months, shows CMIE data

Index of Consumer Sentiments index is at its highest level since at least March 2019

Currency derivatives volumes plunge significantly on RBI exposure norms

The central bank deferred exposure rules implementation until May 3 amid investor concerns

Disappointment in Lok Sabha poll outcome will be short-lived: Pradeep Gupta

The Indian markets appear to be expensive, on an absolute basis, with 1-year forward valuation at 20 times. The overall risk/reward ratio, thus, seem unfavourable on a historical basis, Gupta said

Want to be market leader in Business AI by 2025: SAP's Manish Prasad

'From a fiscal prudence point of view, the transparency provided by SAP systems enhances investor confidence and subsequently, market valuation'

Vi FPO rings in vigour for telecom sector, may reduce subscriber loss

But low capital expenditure and large debt weigh down Vi's revival prospects

Rapid adoption: India's BPM industry on cusp of revolution amid GenAI use

BPM industry has been growing faster than the IT services sector, which has been impacted by macroeconomic uncertainties

Strong execution key for Tech Mahindra to achieve three-year targets

The investments are likely to halve in FY26 and normalise by FY27

Vedanta gains 4% following analysts' upgrade; Motilal Oswal announces bonus

Volume growth and cost efficiencies in the aluminium business saw Vedanta post operating profit (Ebitda) of nearly Rs 9,000 crore for the March 2024 quarter thanks to margin improvement