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IndiaTV Business: Google News Feed: Digest for April 13, 2024

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Multibagger smallcap stock from the industrial sector, Gujarat Toolroom, has informed BSE about the next dividend payment. According to an exchange filing, the board has declared a whopping 100 per cent payout on each stock to shareholders. A dividend is a portion of profits that a listed company pays to its shareholders as per the regulations. Dividend payouts can be done monthly, quarterly or annually.
The SME segment has been flooded with public offers over the past few years. More and more companies are going public by launching their IPOs. The SME IPOs have garnered overwhelming responses from both retail and high-net-worth individuals amid economic resilience. After a rights issue earlier in February this year, pharma stock Dipna Pharmachem will soon announce twin corporate actions of bonus distribution and sub-division of the face value of equities.
The Indian stock market witnessed a positive start on Wednesday, with both the benchmark indices, Sensex and Nifty, making significant gains in early trade. The Sensex, India's key equity index, surged by 273.65 points to reach 74,957.35 in early trading hours. This upward movement indicates a strong opening for the stock market. In tandem with the Sensex, the Nifty, representing the broader market sentiment, advanced by 83.85 points to reach 22,726.60 during early trading sessions.
The stock markets will remain closed on the occasion of Eid-uL-Fitr and Ram Navami on Thursday (April 11) and next Wednesday (April 17) respectively. But, according to the regularity, the commodity market will remain open for the evening trading session from 5 pm to 11.30 pm (MCX & NSE). 
Bank customers across India will face disruptions in banking services as banks are set to remain closed for five consecutive days this week due to a series of religious holidays and the weekend. Additionally, in some states, the holiday period extends into the following week, with Monday and Tuesday also designated as non-working days.
In March, Systematic Investment Plan (SIP) inflows hit a record high, reaching Rs 19,271 crore, as per data from the Association of Mutual Funds in India (AMFI). This surge in investments signifies a significant shift in India's financial landscape, from a nation known for its saving habits to one embracing investment opportunities, signalling a transformative phase in the country's financial sector.
Wipro, an IT service company, named Malay Joshi as Chief Executive Officer (CEO) for 'Americas 1' strategic market unit, effective immediately, according to a company release. Joshi succeeds Srinivas Pallia, who was appointed Wipro CEO recently. 
Digi Yatra, a system utilizing Facial Recognition Technology (FRT) for contactless and seamless passenger movement at airports, is set to expand its reach to 14 additional airports by the end of this month. Efforts are underway to enhance user experience through architectural adjustments, as stated by a senior executive. Presently, the service caters to nearly 5 million users across 14 domestic airports.
While the Sensex and Nifty are touching new highs, several stocks, including those in the small-cap space, have scaled to new peaks, and it is now time for quarterly earnings. Multibagger smallcap stock Teamo Productions, which was rechristened from GI Engineering last year, has announced its earnings for the fourth quarter. This is the first earnings release after the stock split, which took place in the third quarter of the financial year 2023–24. According to stock exchange data, Teamo Productions split each share into 10 shares. The share traded ex-split on December 14.
Consumption is one of the biggest components of the economy. As the country's robust economic performance stands out, the consumption story is bound to get a facelift. With the fast-moving consumer goods (FMCG) sector demonstrating a healthy outlook, credit rating agency CRISIL Ratings has re-affirmed its stable outlook on newly listed smallcap food trade stock HMA Agro Industries.
The SME segment has been flooded with public offers over the past few years. More and more companies are going public by launching their IPOs. The SME IPOs have garnered overwhelming responses from both retail and high-net-worth individuals amid economic resilience. After a rights issue earlier in February this year, pharma stock Dipna Pharmachem will soon announce twin corporate actions of bonus distribution and sub-division of the face value of equities.
The Indian stock market witnessed a positive start on Wednesday, with both the benchmark indices, Sensex and Nifty, making significant gains in early trade. The Sensex, India's key equity index, surged by 273.65 points to reach 74,957.35 in early trading hours. This upward movement indicates a strong opening for the stock market. In tandem with the Sensex, the Nifty, representing the broader market sentiment, advanced by 83.85 points to reach 22,726.60 during early trading sessions.
The stock markets will remain closed on the occasion of Eid-uL-Fitr and Ram Navami on Thursday (April 11) and next Wednesday (April 17) respectively. But, according to the regularity, the commodity market will remain open for the evening trading session from 5 pm to 11.30 pm (MCX & NSE). 
Bank customers across India will face disruptions in banking services as banks are set to remain closed for five consecutive days this week due to a series of religious holidays and the weekend. Additionally, in some states, the holiday period extends into the following week, with Monday and Tuesday also designated as non-working days.
In March, Systematic Investment Plan (SIP) inflows hit a record high, reaching Rs 19,271 crore, as per data from the Association of Mutual Funds in India (AMFI). This surge in investments signifies a significant shift in India's financial landscape, from a nation known for its saving habits to one embracing investment opportunities, signalling a transformative phase in the country's financial sector.
Wipro, an IT service company, named Malay Joshi as Chief Executive Officer (CEO) for 'Americas 1' strategic market unit, effective immediately, according to a company release. Joshi succeeds Srinivas Pallia, who was appointed Wipro CEO recently. 
Digi Yatra, a system utilizing Facial Recognition Technology (FRT) for contactless and seamless passenger movement at airports, is set to expand its reach to 14 additional airports by the end of this month. Efforts are underway to enhance user experience through architectural adjustments, as stated by a senior executive. Presently, the service caters to nearly 5 million users across 14 domestic airports.
While the Sensex and Nifty are touching new highs, several stocks, including those in the small-cap space, have scaled to new peaks, and it is now time for quarterly earnings. Multibagger smallcap stock Teamo Productions, which was rechristened from GI Engineering last year, has announced its earnings for the fourth quarter. This is the first earnings release after the stock split, which took place in the third quarter of the financial year 2023–24. According to stock exchange data, Teamo Productions split each share into 10 shares. The share traded ex-split on December 14.
Consumption is one of the biggest components of the economy. As the country's robust economic performance stands out, the consumption story is bound to get a facelift. With the fast-moving consumer goods (FMCG) sector demonstrating a healthy outlook, credit rating agency CRISIL Ratings has re-affirmed its stable outlook on newly listed smallcap food trade stock HMA Agro Industries.
In today's trading session, the Indian stock market witnessed a decline, with the Sensex plummeting by 250 points and the Nifty slipping below the crucial 22,700 level, reflecting ongoing volatility and investor caution amidst global economic uncertainties. Despite the overall market downturn, Computer Age Management Services (CAMS) emerged as a standout performer, registering a significant surge of 4% in its share price, possibly fueled by positive investor sentiment or company-specific developments.
The SME segment has been flooded with public offers over the past few years. More and more companies are going public by launching their IPOs. The SME IPOs have garnered overwhelming responses from both retail and high-net-worth individuals amid economic resilience. After a rights issue earlier in February this year, pharma stock Dipna Pharmachem will soon announce twin corporate actions of bonus distribution and sub-division of the face value of equities.
The Indian stock market witnessed a positive start on Wednesday, with both the benchmark indices, Sensex and Nifty, making significant gains in early trade. The Sensex, India's key equity index, surged by 273.65 points to reach 74,957.35 in early trading hours. This upward movement indicates a strong opening for the stock market. In tandem with the Sensex, the Nifty, representing the broader market sentiment, advanced by 83.85 points to reach 22,726.60 during early trading sessions.
The stock markets will remain closed on the occasion of Eid-uL-Fitr and Ram Navami on Thursday (April 11) and next Wednesday (April 17) respectively. But, according to the regularity, the commodity market will remain open for the evening trading session from 5 pm to 11.30 pm (MCX & NSE). 
Bank customers across India will face disruptions in banking services as banks are set to remain closed for five consecutive days this week due to a series of religious holidays and the weekend. Additionally, in some states, the holiday period extends into the following week, with Monday and Tuesday also designated as non-working days.
In March, Systematic Investment Plan (SIP) inflows hit a record high, reaching Rs 19,271 crore, as per data from the Association of Mutual Funds in India (AMFI). This surge in investments signifies a significant shift in India's financial landscape, from a nation known for its saving habits to one embracing investment opportunities, signalling a transformative phase in the country's financial sector.
Wipro, an IT service company, named Malay Joshi as Chief Executive Officer (CEO) for 'Americas 1' strategic market unit, effective immediately, according to a company release. Joshi succeeds Srinivas Pallia, who was appointed Wipro CEO recently. 
Digi Yatra, a system utilizing Facial Recognition Technology (FRT) for contactless and seamless passenger movement at airports, is set to expand its reach to 14 additional airports by the end of this month. Efforts are underway to enhance user experience through architectural adjustments, as stated by a senior executive. Presently, the service caters to nearly 5 million users across 14 domestic airports.
While the Sensex and Nifty are touching new highs, several stocks, including those in the small-cap space, have scaled to new peaks, and it is now time for quarterly earnings. Multibagger smallcap stock Teamo Productions, which was rechristened from GI Engineering last year, has announced its earnings for the fourth quarter. This is the first earnings release after the stock split, which took place in the third quarter of the financial year 2023–24. According to stock exchange data, Teamo Productions split each share into 10 shares. The share traded ex-split on December 14.
Consumption is one of the biggest components of the economy. As the country's robust economic performance stands out, the consumption story is bound to get a facelift. With the fast-moving consumer goods (FMCG) sector demonstrating a healthy outlook, credit rating agency CRISIL Ratings has re-affirmed its stable outlook on newly listed smallcap food trade stock HMA Agro Industries.
In today's trading session, the Indian stock market witnessed a decline, with the Sensex plummeting by 250 points and the Nifty slipping below the crucial 22,700 level, reflecting ongoing volatility and investor caution amidst global economic uncertainties. Despite the overall market downturn, Computer Age Management Services (CAMS) emerged as a standout performer, registering a significant surge of 4% in its share price, possibly fueled by positive investor sentiment or company-specific developments.
The Indian stock market witnessed a positive start on Wednesday, with both the benchmark indices, Sensex and Nifty, making significant gains in early trade. The Sensex, India's key equity index, surged by 273.65 points to reach 74,957.35 in early trading hours. This upward movement indicates a strong opening for the stock market. In tandem with the Sensex, the Nifty, representing the broader market sentiment, advanced by 83.85 points to reach 22,726.60 during early trading sessions.
The stock markets will remain closed on the occasion of Eid-uL-Fitr and Ram Navami on Thursday (April 11) and next Wednesday (April 17) respectively. But, according to the regularity, the commodity market will remain open for the evening trading session from 5 pm to 11.30 pm (MCX & NSE). 
Bank customers across India will face disruptions in banking services as banks are set to remain closed for five consecutive days this week due to a series of religious holidays and the weekend. Additionally, in some states, the holiday period extends into the following week, with Monday and Tuesday also designated as non-working days.
In March, Systematic Investment Plan (SIP) inflows hit a record high, reaching Rs 19,271 crore, as per data from the Association of Mutual Funds in India (AMFI). This surge in investments signifies a significant shift in India's financial landscape, from a nation known for its saving habits to one embracing investment opportunities, signalling a transformative phase in the country's financial sector.
Wipro, an IT service company, named Malay Joshi as Chief Executive Officer (CEO) for 'Americas 1' strategic market unit, effective immediately, according to a company release. Joshi succeeds Srinivas Pallia, who was appointed Wipro CEO recently. 
Digi Yatra, a system utilizing Facial Recognition Technology (FRT) for contactless and seamless passenger movement at airports, is set to expand its reach to 14 additional airports by the end of this month. Efforts are underway to enhance user experience through architectural adjustments, as stated by a senior executive. Presently, the service caters to nearly 5 million users across 14 domestic airports.
While the Sensex and Nifty are touching new highs, several stocks, including those in the small-cap space, have scaled to new peaks, and it is now time for quarterly earnings. Multibagger smallcap stock Teamo Productions, which was rechristened from GI Engineering last year, has announced its earnings for the fourth quarter. This is the first earnings release after the stock split, which took place in the third quarter of the financial year 2023–24. According to stock exchange data, Teamo Productions split each share into 10 shares. The share traded ex-split on December 14.
Consumption is one of the biggest components of the economy. As the country's robust economic performance stands out, the consumption story is bound to get a facelift. With the fast-moving consumer goods (FMCG) sector demonstrating a healthy outlook, credit rating agency CRISIL Ratings has re-affirmed its stable outlook on newly listed smallcap food trade stock HMA Agro Industries.
In today's trading session, the Indian stock market witnessed a decline, with the Sensex plummeting by 250 points and the Nifty slipping below the crucial 22,700 level, reflecting ongoing volatility and investor caution amidst global economic uncertainties. Despite the overall market downturn, Computer Age Management Services (CAMS) emerged as a standout performer, registering a significant surge of 4% in its share price, possibly fueled by positive investor sentiment or company-specific developments.
India's forex reserves jumped USD 2.98 billion to hit a fresh peak of USD 648.56 billion, RBI said on Friday (April 12).
The stock markets will remain closed on the occasion of Eid-uL-Fitr and Ram Navami on Thursday (April 11) and next Wednesday (April 17) respectively. But, according to the regularity, the commodity market will remain open for the evening trading session from 5 pm to 11.30 pm (MCX & NSE). 
Bank customers across India will face disruptions in banking services as banks are set to remain closed for five consecutive days this week due to a series of religious holidays and the weekend. Additionally, in some states, the holiday period extends into the following week, with Monday and Tuesday also designated as non-working days.
In March, Systematic Investment Plan (SIP) inflows hit a record high, reaching Rs 19,271 crore, as per data from the Association of Mutual Funds in India (AMFI). This surge in investments signifies a significant shift in India's financial landscape, from a nation known for its saving habits to one embracing investment opportunities, signalling a transformative phase in the country's financial sector.
Wipro, an IT service company, named Malay Joshi as Chief Executive Officer (CEO) for 'Americas 1' strategic market unit, effective immediately, according to a company release. Joshi succeeds Srinivas Pallia, who was appointed Wipro CEO recently. 
Digi Yatra, a system utilizing Facial Recognition Technology (FRT) for contactless and seamless passenger movement at airports, is set to expand its reach to 14 additional airports by the end of this month. Efforts are underway to enhance user experience through architectural adjustments, as stated by a senior executive. Presently, the service caters to nearly 5 million users across 14 domestic airports.
While the Sensex and Nifty are touching new highs, several stocks, including those in the small-cap space, have scaled to new peaks, and it is now time for quarterly earnings. Multibagger smallcap stock Teamo Productions, which was rechristened from GI Engineering last year, has announced its earnings for the fourth quarter. This is the first earnings release after the stock split, which took place in the third quarter of the financial year 2023–24. According to stock exchange data, Teamo Productions split each share into 10 shares. The share traded ex-split on December 14.
Consumption is one of the biggest components of the economy. As the country's robust economic performance stands out, the consumption story is bound to get a facelift. With the fast-moving consumer goods (FMCG) sector demonstrating a healthy outlook, credit rating agency CRISIL Ratings has re-affirmed its stable outlook on newly listed smallcap food trade stock HMA Agro Industries.
In today's trading session, the Indian stock market witnessed a decline, with the Sensex plummeting by 250 points and the Nifty slipping below the crucial 22,700 level, reflecting ongoing volatility and investor caution amidst global economic uncertainties. Despite the overall market downturn, Computer Age Management Services (CAMS) emerged as a standout performer, registering a significant surge of 4% in its share price, possibly fueled by positive investor sentiment or company-specific developments.
India's forex reserves jumped USD 2.98 billion to hit a fresh peak of USD 648.56 billion, RBI said on Friday (April 12).
India's retail inflation eased to 5-month low of 4.85 per cent in March mainly due to cooling food prices, according to official data released on Friday (April 12).
The stock markets will remain closed on the occasion of Eid-uL-Fitr and Ram Navami on Thursday (April 11) and next Wednesday (April 17) respectively. But, according to the regularity, the commodity market will remain open for the evening trading session from 5 pm to 11.30 pm (MCX & NSE). 
Bank customers across India will face disruptions in banking services as banks are set to remain closed for five consecutive days this week due to a series of religious holidays and the weekend. Additionally, in some states, the holiday period extends into the following week, with Monday and Tuesday also designated as non-working days.
In March, Systematic Investment Plan (SIP) inflows hit a record high, reaching Rs 19,271 crore, as per data from the Association of Mutual Funds in India (AMFI). This surge in investments signifies a significant shift in India's financial landscape, from a nation known for its saving habits to one embracing investment opportunities, signalling a transformative phase in the country's financial sector.
Wipro, an IT service company, named Malay Joshi as Chief Executive Officer (CEO) for 'Americas 1' strategic market unit, effective immediately, according to a company release. Joshi succeeds Srinivas Pallia, who was appointed Wipro CEO recently. 
Digi Yatra, a system utilizing Facial Recognition Technology (FRT) for contactless and seamless passenger movement at airports, is set to expand its reach to 14 additional airports by the end of this month. Efforts are underway to enhance user experience through architectural adjustments, as stated by a senior executive. Presently, the service caters to nearly 5 million users across 14 domestic airports.
While the Sensex and Nifty are touching new highs, several stocks, including those in the small-cap space, have scaled to new peaks, and it is now time for quarterly earnings. Multibagger smallcap stock Teamo Productions, which was rechristened from GI Engineering last year, has announced its earnings for the fourth quarter. This is the first earnings release after the stock split, which took place in the third quarter of the financial year 2023–24. According to stock exchange data, Teamo Productions split each share into 10 shares. The share traded ex-split on December 14.
Consumption is one of the biggest components of the economy. As the country's robust economic performance stands out, the consumption story is bound to get a facelift. With the fast-moving consumer goods (FMCG) sector demonstrating a healthy outlook, credit rating agency CRISIL Ratings has re-affirmed its stable outlook on newly listed smallcap food trade stock HMA Agro Industries.
In today's trading session, the Indian stock market witnessed a decline, with the Sensex plummeting by 250 points and the Nifty slipping below the crucial 22,700 level, reflecting ongoing volatility and investor caution amidst global economic uncertainties. Despite the overall market downturn, Computer Age Management Services (CAMS) emerged as a standout performer, registering a significant surge of 4% in its share price, possibly fueled by positive investor sentiment or company-specific developments.
India's forex reserves jumped USD 2.98 billion to hit a fresh peak of USD 648.56 billion, RBI said on Friday (April 12).
India's retail inflation eased to 5-month low of 4.85 per cent in March mainly due to cooling food prices, according to official data released on Friday (April 12).
The stock markets will remain closed on the occasion of Eid-uL-Fitr and Ram Navami on Thursday (April 11) and next Wednesday (April 17) respectively. But, according to the regularity, the commodity market will remain open for the evening trading session from 5 pm to 11.30 pm (MCX & NSE). 
Bank customers across India will face disruptions in banking services as banks are set to remain closed for five consecutive days this week due to a series of religious holidays and the weekend. Additionally, in some states, the holiday period extends into the following week, with Monday and Tuesday also designated as non-working days.
In March, Systematic Investment Plan (SIP) inflows hit a record high, reaching Rs 19,271 crore, as per data from the Association of Mutual Funds in India (AMFI). This surge in investments signifies a significant shift in India's financial landscape, from a nation known for its saving habits to one embracing investment opportunities, signalling a transformative phase in the country's financial sector.
Wipro, an IT service company, named Malay Joshi as Chief Executive Officer (CEO) for 'Americas 1' strategic market unit, effective immediately, according to a company release. Joshi succeeds Srinivas Pallia, who was appointed Wipro CEO recently. 
Digi Yatra, a system utilizing Facial Recognition Technology (FRT) for contactless and seamless passenger movement at airports, is set to expand its reach to 14 additional airports by the end of this month. Efforts are underway to enhance user experience through architectural adjustments, as stated by a senior executive. Presently, the service caters to nearly 5 million users across 14 domestic airports.
While the Sensex and Nifty are touching new highs, several stocks, including those in the small-cap space, have scaled to new peaks, and it is now time for quarterly earnings. Multibagger smallcap stock Teamo Productions, which was rechristened from GI Engineering last year, has announced its earnings for the fourth quarter. This is the first earnings release after the stock split, which took place in the third quarter of the financial year 2023–24. According to stock exchange data, Teamo Productions split each share into 10 shares. The share traded ex-split on December 14.
Consumption is one of the biggest components of the economy. As the country's robust economic performance stands out, the consumption story is bound to get a facelift. With the fast-moving consumer goods (FMCG) sector demonstrating a healthy outlook, credit rating agency CRISIL Ratings has re-affirmed its stable outlook on newly listed smallcap food trade stock HMA Agro Industries.
In today's trading session, the Indian stock market witnessed a decline, with the Sensex plummeting by 250 points and the Nifty slipping below the crucial 22,700 level, reflecting ongoing volatility and investor caution amidst global economic uncertainties. Despite the overall market downturn, Computer Age Management Services (CAMS) emerged as a standout performer, registering a significant surge of 4% in its share price, possibly fueled by positive investor sentiment or company-specific developments.
India's forex reserves jumped USD 2.98 billion to hit a fresh peak of USD 648.56 billion, RBI said on Friday (April 12).
India's retail inflation eased to 5-month low of 4.85 per cent in March mainly due to cooling food prices, according to official data released on Friday (April 12).
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