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Vedanta plunges on downgrade of UK parent

Analysts said concerns over the group's debt burden and volatile metal prices due to global headwinds could weigh down the stock in the near term.

Economic Times, 1 hour(s) ago Also from:
iPhone wars: India's Apple crop sparks an Indo-China social media battle

The launch of the latest India-made iPhones though sparked an adverse reaction in China, marked by social media posts and reactions on Chinese state media. One post on Weibo alleged that the India-made iPhone 15 units are being diverted to China after being ...

Economic Times, 1 hour(s) ago Also from:
SBI Card tops peers in August

​​Spend share of SBI credit cards jumped 40% on-year to ₹27,400 crore. HDFC Bank card spends were the highest among peers at ₹39,400 crore while its market share of cards in force fell a percentage point to 20 %.

Economic Times, 1 hour(s) ago Also from:
Large-cap stocks attractive after recent dip: Incred

The recent correction has made valuation of large-caps attractive, while the premium valuation of the mid-cap index is a concern, said the firm's head of equity research Pramod Amthe in a note.

Economic Times, 1 hour(s) ago Also from:
RBI, CCIL may extend trade time for overseas players

There will be an increase in bond volumes as we head near the JP Morgan index inclusion in June, a source aware of the matter said. There could be a need for authorities to see if it is necessary for foreign trade reporting time or trade time on the ...

Economic Times, 1 hour(s) ago Also from:
TotalEnergies to return more cash to shareholders as oil and gas output rise

The group said at an investor day that it expects to distribute about 44% of its cash flow to shareholders in 2023 and set a target of more than 40% beyond 2023.

Economic Times, 9 hour(s) ago Also from: Economic Times
Sterling & Wilson board approves Rs 1,500 crore fundraise

Sterling & Wilson Renewable Energy has announced plans to raise Rs 1,500 crore through debt or equity. The company is considering an equity share sale to repay debt maturing this fiscal year, with a scheduled principal repayment of Rs 1,200 crore between ...

Economic Times, 2 hour(s) ago Also from: Economic Times
India bond yields end higher as borrowing stays unchanged, eye on debt sale

The 10-year benchmark 7.18% 2033 bond yield ended at 7.1704%, after closing at 7.1441% in the previous session, a trader with a private bank said.

Economic Times, 11 hour(s) ago Also from: Rediff.com, Times of India and 1 other source
Buy Apollo Tyres, target price Rs 450: JM Financial

Apollo Tyres Ltd. key Products/Revenue Segments include Tyres, Tubes & Flaps, Other Operating Revenue and Scrap for the year ending 31-Mar-2023.

Economic Times, 21 hour(s) ago Also from: Economic Times
Jio outpaces Airtel in subscriber additions in July 2023, Vodafone Idea loses ground

Reliance Jio gained significantly more mobile users than Bharti Airtel in July 2023, potentially due to capturing customers from Vodafone Idea and stronger growth in rural areas. According to data from the Telecom Regulatory Authority of India, Jio added 3.9 ...

Economic Times, 5 hour(s) ago Also from: