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Bloomberg Quint
1h
129
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Corporate Actions This Week — CIE Automotive, Muthoot Finance, Sanofi India, Sterlite Tech
- Shares of CIE Automotive India Ltd., Muthoot Finance Ltd., Ami Organics Ltd., and Sanofi India Ltd. will trade ex/record-date for their corporate actions this week.
- CIE Automotive will record its shareholders' roster on Wednesday for its final dividend of Rs 7 for the financial year 2024–25. Muthoot Finance (interim dividend) and Sanofi India (final dividend of Rs 117) will record their shareholders on Friday.
- The record/ex-date for Ami Organics' stock split of two shares for every one held will be on Friday.
- Sterlite Technologies Ltd. has completed the demerger of its Global Services Business, transitioning to STL Networks Ltd. under the brand name 'Invenia'. The ex/record date for the spinoff is Thursday.
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Bloomberg Quint
2h
295
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HCLTech Q4 Results: Date, Dividend Details, Earnings Call Schedule And More
- HCL Technologies will announce its Q4 and full-year results for FY2025 on April 22, 2025.
- The company's Board of Directors will meet on April 21-22 to discuss key matters.
- The trading window for dealing in HCL Tech's equity shares has been closed from March 25, 2025, and will reopen 48 hours after the official declaration of the financial results.
- After the financial results are released, HCL Tech will host an earnings call at 7:30 p.m., with a Q&A segment.
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Bloomberg Quint
3h
123
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Maize Supply Key To India's Ethanol Blending Target: Shree Renuka Sugars' Executive Chairman
- India is planning to increase its ethanol blending target in petrol from 20% to 30% by 2030.
- Achieving this requires a substantial increase in ethanol production, which will heavily rely on the grain sector, specifically maize.
- Atul Chaturvedi, the executive chairman of Shree Renuka Sugars Ltd, stated that the sugar sector can only contribute about 7 billion liters of ethanol, while India would need about 15-16 billion liters of ethanol for the 30% blending target.
- Chaturvedi also highlighted the challenges of using maize for ethanol production, including potential disruptions to the oilseed sector, such as impacting soybean crushing.
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Bloomberg Quint
3h
180
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Want To Improve Your Credit Score? Avoid These Common Mistakes
- A strong credit score is a vital indicator of your financial health and how you manage the money.
- Not paying your bills on time can harm your credit score.
- A high credit utilization ratio on your credit cards will bring down your credit score.
- Applying for loans or credit cards from multiple lenders in a short duration may impact your credit score.
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Bloomberg Quint
3h
23
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Robust Demand For Commercial Real Estate, Vacancy Rates At Lowest: Awfis Space MD
- India's commercial real estate market still has plenty of room to grow, with vacancy rates now at their lowest in several major cities.
- The first quarter of the year has been very strong, with gross leasing of almost 80 million square feet.
- Rentals have risen 7.5% to Rs 105 per square foot, showing long-term commitment to the Indian market.
- The recent surge in return-to-office mandates is providing strong tailwinds for the commercial real estate market.
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Bloomberg Quint
17h
184
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Volvo To Cut Up To 800 US Jobs Amid Tariff Uncertainty: Reuters
- Volvo is planning to cut up to 800 jobs at its three US sites amid uncertainty over President Donald Trump's tariff policy and the impact on demand.
- The layoffs will affect Volvo's Mack Trucks factory in Pennsylvania, as well as two Volvo facilities in Virginia and Maryland.
- Volvo wants to align its production with reduced demand for its vehicles.
- The truckmaker employs nearly 20,000 people in North America.
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Bloomberg Quint
17h
228
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Japan Mulls Higher US Rice Imports In Tariff Talks, Yomiuri Says
- Japanese Prime Minister Shigeru Ishiba’s government is considering increasing imports of US rice and soybeans as a potential bargaining chip in talks over President Donald Trump’s tariffs.
- Japan faced criticism from Washington for its export restrictions and distribution system for rice, which were deemed excessively strict and lacking in transparency.
- The US also urged Japan to increase imports of other agricultural products, including meat, seafood, and potatoes.
- Preparations are underway for a second round of negotiations between Japan and the US, seeking an exemption from the tariffs.
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Bloomberg Quint
17h
309
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NIIT To Acquire 19 Lakh Shares Of IFBI From ICICI Bank
- NIIT to acquire 19 lakh shares of IFBI from ICICI Bank.
- Post acquisition, IFBI will become a wholly owned subsidiary of NIIT.
- ICICI Bank's entire stake sale in NIIT-IFBI will garner Rs 4.7 to 6.58 crore.
- The stake sale is expected to be completed by Sept. 30, 2025.
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Bloomberg Quint
2h
58
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Tata Investment Q4 Results: Date, Dividend Details, Share Price History And More
- Tata Investment Corporation will announce its Q4 and FY25 results next week.
- The company will consider and approve the audited financial results and dividends, if any, for FY25.
- The trading window for dealing in the shares of the company is closed for designated persons from March 25 to April 23.
- In Q3 FY25, Tata Investment Corporation reported a 63% YoY decline in profit after tax and sharp drops in total revenue and income.
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Bloomberg Quint
2h
175
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Automobile Exports Rise 19% To Over 53 Lakh Units In FY25: SIAM
- Automobile exports from India rose by 19% to over 53 lakh units in the 2024–25 fiscal year, driven by robust demand for passenger vehicles, two-wheelers, and commercial vehicles.
- Passenger vehicle shipments rose by 15% to 7,70,364 units last fiscal, with manufacturing quality improving and some companies commencing exports to developed markets.
- Two-wheeler exports increased by 21% to 41,98,403 units last fiscal, supported by new models, new markets, and economic stability in the African region and demand in Latin America.
- Exports of commercial vehicles grew by 23% in the last fiscal year at 80,986 units, with export demand in key markets such as Africa and neighbouring countries gaining traction.
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Bloomberg Quint
3h
156
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Fidelity, Goldman Find Tariff Haven In Asian Consumer Stocks
- Asian consumer stocks are finding shelter amid the global trade war, with a focus on companies catering to local essential needs.
- Goldman Sachs and Morgan Stanley recommended Asian consumer staples post-tariff escalation for defensive investing.
- MSCI Asia Pacific Consumer Staples Index has outperformed, with supermarket chains and beverage makers showing growth.
- Investors are shifting focus towards domestic demand resilience amidst US-China trade tensions and global economic slowdown.
- Fiscal stimulus plans in Asia, like in China, South Korea, and India, are expected to boost consumer spending.
- Fidelity International increased holdings in Chinese consumer staples amidst market turmoil, preferring mainland-listed shares.
- Asian consumer staples are favored over US and European peers, with expectations of policy support and central banks cutting interest rates.
- Consumer discretionary sectors have seen a decline as households reduce non-essential spending, in contrast to consumer staples.
- Despite risks like inflation, staples are considered a safer investment choice offering higher earnings growth potential.
- Investor sentiment leans towards staples in the current conditions, with potential for a shift back to discretionary sectors depending on tariff developments.
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Bloomberg Quint
3h
157
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Have Multiple Loans? Here Are Some Tips On How To Manage Money
- Loans are effective financial instruments to meet unplanned expenses or big-ticket purchases.
- To manage multiple loans, it is important to calculate your EMIs and ensure they align with your income and expenses.
- Consider loan consolidation to simplify the management of multiple loans and save on interest payments.
- Set up automatic payments and create a plan for loan repayment to stay organized and avoid penalties.
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Bloomberg Quint
3h
244
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Waaree Renewable Is In ‘Safe Zone’ Due To 90% Localised Supply Chain: Abhishek Pareek
- Waaree Renewable Technologies is focused on seizing opportunities within India, with 100% of its revenue coming from the Indian market.
- The company has made localisation a strategic priority, ensuring that 90% of its supply chain is domestic, reducing import costs and global supply chain disruptions.
- Waaree Renewable is in a 'safe zone' regarding import risks, as key components like solar panels and inverters are procured domestically, insulating the company from external shocks and import-related cost volatility.
- The company's order book stands at 3.2 GW, which is expected to be completed over the next 12 to 15 months, providing a longer execution horizon.
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Bloomberg Quint
3h
124
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Latest FD Rates In April 2025: SBI, HDFC Bank, BOI, ICICI Bank, Yes Bank, And Others; Check Latest Rates
- Many banks, including SBI and BOI, have reduced their fixed deposit interest rates since RBI's decision on April 9.
- FD rates usually move in the same direction as the repo rate, so a rate cut by RBI prompts banks to lower the interest rates offered on FDs.
- SBI has revised its FD rates, lowering them for deposits under Rs 3 crore. Changes apply to deposits made for at least a period of 1 year.
- Bank of India has also revised its rates, offering a 4.50% interest rate on deposits made for a period of 46 days to 90 days and 7.05% interest rate for FD of 1 year.
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Bloomberg Quint
8h
172
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Happy Easter 2025: Wishes, Images, Quotes And Messages To Share With Friends And Family
- Easter is the most important festival for Christians worldwide, as it marks the resurrection of the Lord Jesus Christ.
- The date of Easter varies from year to year. This year Easter will be celebrated on April 20.
- You can make Easter more special by sending wishes, quotes, and images to your loved ones.
- Here are some Happy Easter 2025 wishes, quotes, and images to share.
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