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IndiaTV Business: Google News Feed: Digest for April 16, 2024

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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 government is going to start an online portal from April 15 to monitor the availability of the stock of pulses. According to Ministry of Consumer Affairs, Food and Public Distribution, the importers and traders of pulses have been instructed to accurately declare their stocks of pulses, including imported Yellow Peas, every week.

Automobile exports from India dip 5.5 per cent in FY24

Sunday 14 April 2024 06:35 AM UTC+00
Automobile exports from India declined 5.5 per cent in FY24 due to the monetary crisis in various overseas markets, according to the latest data shared by industry body SIAM. Overall exports stood at 45,00,492 units in the last fiscal compared to 47,61,299 units in FY23.
The real estate sector is buzzing. The sector attracted more than USD 5.5 billion in institutional investments in 2023. As the sector continues to witness a surge in investments, smallcap stock Hazoor Multi Projects Ltd. (HMPL) has declared a fresh fundraising plan. The infrastructure giant has disclosed about the same through an exchange fling. The BSE-listed stock has given multibagger returns in a very short period.
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 government is going to start an online portal from April 15 to monitor the availability of the stock of pulses. According to Ministry of Consumer Affairs, Food and Public Distribution, the importers and traders of pulses have been instructed to accurately declare their stocks of pulses, including imported Yellow Peas, every week.

Automobile exports from India dip 5.5 per cent in FY24

Sunday 14 April 2024 06:35 AM UTC+00
Automobile exports from India declined 5.5 per cent in FY24 due to the monetary crisis in various overseas markets, according to the latest data shared by industry body SIAM. Overall exports stood at 45,00,492 units in the last fiscal compared to 47,61,299 units in FY23.
The real estate sector is buzzing. The sector attracted more than USD 5.5 billion in institutional investments in 2023. As the sector continues to witness a surge in investments, smallcap stock Hazoor Multi Projects Ltd. (HMPL) has declared a fresh fundraising plan. The infrastructure giant has disclosed about the same through an exchange fling. The BSE-listed stock has given multibagger returns in a very short period.
In a stark reflection of global uncertainties and foreign fund outflows, equity benchmark indices witnessed a sharp decline in early trade on Monday. The Sensex tumbled by 929.74 points, marking a continuation of the previous day's downturn, while the Nifty declined by 216.9 points.
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 government is going to start an online portal from April 15 to monitor the availability of the stock of pulses. According to Ministry of Consumer Affairs, Food and Public Distribution, the importers and traders of pulses have been instructed to accurately declare their stocks of pulses, including imported Yellow Peas, every week.

Automobile exports from India dip 5.5 per cent in FY24

Sunday 14 April 2024 06:35 AM UTC+00
Automobile exports from India declined 5.5 per cent in FY24 due to the monetary crisis in various overseas markets, according to the latest data shared by industry body SIAM. Overall exports stood at 45,00,492 units in the last fiscal compared to 47,61,299 units in FY23.
The real estate sector is buzzing. The sector attracted more than USD 5.5 billion in institutional investments in 2023. As the sector continues to witness a surge in investments, smallcap stock Hazoor Multi Projects Ltd. (HMPL) has declared a fresh fundraising plan. The infrastructure giant has disclosed about the same through an exchange fling. The BSE-listed stock has given multibagger returns in a very short period.
In a stark reflection of global uncertainties and foreign fund outflows, equity benchmark indices witnessed a sharp decline in early trade on Monday. The Sensex tumbled by 929.74 points, marking a continuation of the previous day's downturn, while the Nifty declined by 216.9 points.
Ed-tech giant BYJU's CEO Arjun Mohan resigned after a six-months stint at the company following which founder Byju Raveendran will take over the firm's day-to-day operations, the company said on Monday.
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 government is going to start an online portal from April 15 to monitor the availability of the stock of pulses. According to Ministry of Consumer Affairs, Food and Public Distribution, the importers and traders of pulses have been instructed to accurately declare their stocks of pulses, including imported Yellow Peas, every week.

Automobile exports from India dip 5.5 per cent in FY24

Sunday 14 April 2024 06:35 AM UTC+00
Automobile exports from India declined 5.5 per cent in FY24 due to the monetary crisis in various overseas markets, according to the latest data shared by industry body SIAM. Overall exports stood at 45,00,492 units in the last fiscal compared to 47,61,299 units in FY23.
The real estate sector is buzzing. The sector attracted more than USD 5.5 billion in institutional investments in 2023. As the sector continues to witness a surge in investments, smallcap stock Hazoor Multi Projects Ltd. (HMPL) has declared a fresh fundraising plan. The infrastructure giant has disclosed about the same through an exchange fling. The BSE-listed stock has given multibagger returns in a very short period.
In a stark reflection of global uncertainties and foreign fund outflows, equity benchmark indices witnessed a sharp decline in early trade on Monday. The Sensex tumbled by 929.74 points, marking a continuation of the previous day's downturn, while the Nifty declined by 216.9 points.
Ed-tech giant BYJU's CEO Arjun Mohan resigned after a six-months stint at the company following which founder Byju Raveendran will take over the firm's day-to-day operations, the company said on Monday.
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 government is going to start an online portal from April 15 to monitor the availability of the stock of pulses. According to Ministry of Consumer Affairs, Food and Public Distribution, the importers and traders of pulses have been instructed to accurately declare their stocks of pulses, including imported Yellow Peas, every week.

Automobile exports from India dip 5.5 per cent in FY24

Sunday 14 April 2024 06:35 AM UTC+00
Automobile exports from India declined 5.5 per cent in FY24 due to the monetary crisis in various overseas markets, according to the latest data shared by industry body SIAM. Overall exports stood at 45,00,492 units in the last fiscal compared to 47,61,299 units in FY23.
The real estate sector is buzzing. The sector attracted more than USD 5.5 billion in institutional investments in 2023. As the sector continues to witness a surge in investments, smallcap stock Hazoor Multi Projects Ltd. (HMPL) has declared a fresh fundraising plan. The infrastructure giant has disclosed about the same through an exchange fling. The BSE-listed stock has given multibagger returns in a very short period.
In a stark reflection of global uncertainties and foreign fund outflows, equity benchmark indices witnessed a sharp decline in early trade on Monday. The Sensex tumbled by 929.74 points, marking a continuation of the previous day's downturn, while the Nifty declined by 216.9 points.
Ed-tech giant BYJU's CEO Arjun Mohan resigned after a six-months stint at the company following which founder Byju Raveendran will take over the firm's day-to-day operations, the company said on Monday.
Delhi Airport: The Indira Gandhi International airport in New Delhi has been announced as amongst the top ten busiest airports in the world in 2023, according to Airports Council International (ACI). The Delhi airport was witness to nearly 7,22,14,841 passengers in 2023 and bagged the 10th spot in the world. The airport was ranked the 9th spot in 2022 and 17th in 2019, according to the data.
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 government is going to start an online portal from April 15 to monitor the availability of the stock of pulses. According to Ministry of Consumer Affairs, Food and Public Distribution, the importers and traders of pulses have been instructed to accurately declare their stocks of pulses, including imported Yellow Peas, every week.

Automobile exports from India dip 5.5 per cent in FY24

Sunday 14 April 2024 06:35 AM UTC+00
Automobile exports from India declined 5.5 per cent in FY24 due to the monetary crisis in various overseas markets, according to the latest data shared by industry body SIAM. Overall exports stood at 45,00,492 units in the last fiscal compared to 47,61,299 units in FY23.
The real estate sector is buzzing. The sector attracted more than USD 5.5 billion in institutional investments in 2023. As the sector continues to witness a surge in investments, smallcap stock Hazoor Multi Projects Ltd. (HMPL) has declared a fresh fundraising plan. The infrastructure giant has disclosed about the same through an exchange fling. The BSE-listed stock has given multibagger returns in a very short period.
In a stark reflection of global uncertainties and foreign fund outflows, equity benchmark indices witnessed a sharp decline in early trade on Monday. The Sensex tumbled by 929.74 points, marking a continuation of the previous day's downturn, while the Nifty declined by 216.9 points.
Ed-tech giant BYJU's CEO Arjun Mohan resigned after a six-months stint at the company following which founder Byju Raveendran will take over the firm's day-to-day operations, the company said on Monday.
Delhi Airport: The Indira Gandhi International airport in New Delhi has been announced as amongst the top ten busiest airports in the world in 2023, according to Airports Council International (ACI). The Delhi airport was witness to nearly 7,22,14,841 passengers in 2023 and bagged the 10th spot in the world. The airport was ranked the 9th spot in 2022 and 17th in 2019, according to the data.
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