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IndiaTV Business: Google News Feed: Digest for April 22, 2024

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After bonus shares issuance in January this year, LIC-backed FMCG giant Integra Essentia has reported strong quarterly numbers in the fourth quarter (Q4) that ended on March 31, 2024.
The Indian stock market opened with a gap-up, indicating a rise. After remaining closed on the occasion of Ram Navami yesterday, the market saw a swift opening with gains following a day of holiday. The BSE Sensex commenced at 73,183 levels, marking a rise of 239.42 points or 0.33%. Similarly, the NSE Nifty opened at 22,212 levels, reflecting an increase of 64.45 points or 0.29%.
In a significant move, tech giant Google has declared plans for major restructuring, potentially leading to employee layoffs. The company's chief financial officer, Ruth Porat, conveyed this message to employees via a memo, CNBC reported. According to the memo, Ruth Porat addressed the ongoing platform shift in the tech sector, particularly with the emergence of Artificial Intelligence (AI). She emphasised the opportunity to develop more helpful products for users and faster solutions for customers. However, Porat acknowledged the necessity for tough decisions, including adjustments in work locations to align with priority areas.
As the Lok Sabha Election 2024 is set to kick off on April 19 and culminate with results announced on June 4, 2024, several cities will witness bank closures on the first day of polling. Several cities across India will observe bank closures, in alignment with the Reserve Bank of India's (RBI) holiday calendar for the year. This measure is taken to ensure citizens' participation in the electoral process without disruption to essential services.
Equity benchmark indices Sensex and Nifty extended their losing streak to the fourth straight session and settled lower on Thursday amid heavy volatility triggered by selling in banking stocks and unabated outflow of foreign funds. Fading expectations of an immediate interest rate cut by the US Federal Reserve as well as escalating geopolitical tensions also dampened investors' sentiment.
In a significant development, Air India is set to introduce its A350 aircraft on the Delhi-Dubai route from May 1, signalling the Tata Group airline's debut of the wide-body plane for international flights. "Operating as AI995/996, the aircraft is scheduled to depart Delhi daily at 20:45 hours, arriving at 22:45 hours in Dubai," the airline said in a release on Thursday.
Elon Musk India visit: Days ahead of tech billionaire Elon Musk's India visit, an advisor representing Tesla, the electric car manufacturer, participated in a stakeholders' meeting focused on India's newly formulated Electric Vehicles policy on Thursday, sources said.
Sensex tanked 672.53 points to 71,816.46 in early trade and Nifty dropped 218.2 points to 21,777.65 on Friday. The market sentiment was grim as only six out of the Nifty companies advanced, while a staggering 44 witnessed declines.
The Noida International Airport has started calibrating the ground-based radio navigation system at the greenfield facility this week with a maiden turboprop aircraft flight. The airport, located at Jewar, around 75 km from Delhi, is scheduled to start commercial operations by the end of 2024.
New Delhi: Tesla CEO Elon Musk has postponed a planned trip to India where he was scheduled to meet Prime Minister Narendra Modi on Monday and announce plans to enter the South Asian market, three people familiar with the matter told Reuters on Saturday. It is unclear why Musk postponed the trip as Tesla and PMO did not immediately respond to requests for comment.
After bonus shares issuance in January this year, LIC-backed FMCG giant Integra Essentia has reported strong quarterly numbers in the fourth quarter (Q4) that ended on March 31, 2024.
The Indian stock market opened with a gap-up, indicating a rise. After remaining closed on the occasion of Ram Navami yesterday, the market saw a swift opening with gains following a day of holiday. The BSE Sensex commenced at 73,183 levels, marking a rise of 239.42 points or 0.33%. Similarly, the NSE Nifty opened at 22,212 levels, reflecting an increase of 64.45 points or 0.29%.
In a significant move, tech giant Google has declared plans for major restructuring, potentially leading to employee layoffs. The company's chief financial officer, Ruth Porat, conveyed this message to employees via a memo, CNBC reported. According to the memo, Ruth Porat addressed the ongoing platform shift in the tech sector, particularly with the emergence of Artificial Intelligence (AI). She emphasised the opportunity to develop more helpful products for users and faster solutions for customers. However, Porat acknowledged the necessity for tough decisions, including adjustments in work locations to align with priority areas.
As the Lok Sabha Election 2024 is set to kick off on April 19 and culminate with results announced on June 4, 2024, several cities will witness bank closures on the first day of polling. Several cities across India will observe bank closures, in alignment with the Reserve Bank of India's (RBI) holiday calendar for the year. This measure is taken to ensure citizens' participation in the electoral process without disruption to essential services.
Equity benchmark indices Sensex and Nifty extended their losing streak to the fourth straight session and settled lower on Thursday amid heavy volatility triggered by selling in banking stocks and unabated outflow of foreign funds. Fading expectations of an immediate interest rate cut by the US Federal Reserve as well as escalating geopolitical tensions also dampened investors' sentiment.
In a significant development, Air India is set to introduce its A350 aircraft on the Delhi-Dubai route from May 1, signalling the Tata Group airline's debut of the wide-body plane for international flights. "Operating as AI995/996, the aircraft is scheduled to depart Delhi daily at 20:45 hours, arriving at 22:45 hours in Dubai," the airline said in a release on Thursday.
Elon Musk India visit: Days ahead of tech billionaire Elon Musk's India visit, an advisor representing Tesla, the electric car manufacturer, participated in a stakeholders' meeting focused on India's newly formulated Electric Vehicles policy on Thursday, sources said.
Sensex tanked 672.53 points to 71,816.46 in early trade and Nifty dropped 218.2 points to 21,777.65 on Friday. The market sentiment was grim as only six out of the Nifty companies advanced, while a staggering 44 witnessed declines.
The Noida International Airport has started calibrating the ground-based radio navigation system at the greenfield facility this week with a maiden turboprop aircraft flight. The airport, located at Jewar, around 75 km from Delhi, is scheduled to start commercial operations by the end of 2024.
New Delhi: Tesla CEO Elon Musk has postponed a planned trip to India where he was scheduled to meet Prime Minister Narendra Modi on Monday and announce plans to enter the South Asian market, three people familiar with the matter told Reuters on Saturday. It is unclear why Musk postponed the trip as Tesla and PMO did not immediately respond to requests for comment.
In a significant move, tech giant Google has declared plans for major restructuring, potentially leading to employee layoffs. The company's chief financial officer, Ruth Porat, conveyed this message to employees via a memo, CNBC reported. According to the memo, Ruth Porat addressed the ongoing platform shift in the tech sector, particularly with the emergence of Artificial Intelligence (AI). She emphasised the opportunity to develop more helpful products for users and faster solutions for customers. However, Porat acknowledged the necessity for tough decisions, including adjustments in work locations to align with priority areas.
As the Lok Sabha Election 2024 is set to kick off on April 19 and culminate with results announced on June 4, 2024, several cities will witness bank closures on the first day of polling. Several cities across India will observe bank closures, in alignment with the Reserve Bank of India's (RBI) holiday calendar for the year. This measure is taken to ensure citizens' participation in the electoral process without disruption to essential services.
Equity benchmark indices Sensex and Nifty extended their losing streak to the fourth straight session and settled lower on Thursday amid heavy volatility triggered by selling in banking stocks and unabated outflow of foreign funds. Fading expectations of an immediate interest rate cut by the US Federal Reserve as well as escalating geopolitical tensions also dampened investors' sentiment.
In a significant development, Air India is set to introduce its A350 aircraft on the Delhi-Dubai route from May 1, signalling the Tata Group airline's debut of the wide-body plane for international flights. "Operating as AI995/996, the aircraft is scheduled to depart Delhi daily at 20:45 hours, arriving at 22:45 hours in Dubai," the airline said in a release on Thursday.
Elon Musk India visit: Days ahead of tech billionaire Elon Musk's India visit, an advisor representing Tesla, the electric car manufacturer, participated in a stakeholders' meeting focused on India's newly formulated Electric Vehicles policy on Thursday, sources said.
Sensex tanked 672.53 points to 71,816.46 in early trade and Nifty dropped 218.2 points to 21,777.65 on Friday. The market sentiment was grim as only six out of the Nifty companies advanced, while a staggering 44 witnessed declines.
The Noida International Airport has started calibrating the ground-based radio navigation system at the greenfield facility this week with a maiden turboprop aircraft flight. The airport, located at Jewar, around 75 km from Delhi, is scheduled to start commercial operations by the end of 2024.
New Delhi: Tesla CEO Elon Musk has postponed a planned trip to India where he was scheduled to meet Prime Minister Narendra Modi on Monday and announce plans to enter the South Asian market, three people familiar with the matter told Reuters on Saturday. It is unclear why Musk postponed the trip as Tesla and PMO did not immediately respond to requests for comment.
Hybrid mutual fund schemes have seen a resurgence in 2023-24, garnering Rs 1.45 lakh crore in investments, driven by substantial inflows into the arbitrage category, following withdrawals in the previous fiscal year. The surge in assets was complemented by an increase in the number of investors, with the number of folios reaching 1.35 crore in March 2024 from 1.21 crore a year earlier, adding an investor base of 14 lakh. This shows investors' inclination for hybrid funds.
Former Reserve Bank of India (RBI) Governor D Subbarao said the Modi government should come out with a 'White paper' to generate consensus among political parties on the issue of giveaways or freebies.
In a significant move, tech giant Google has declared plans for major restructuring, potentially leading to employee layoffs. The company's chief financial officer, Ruth Porat, conveyed this message to employees via a memo, CNBC reported. According to the memo, Ruth Porat addressed the ongoing platform shift in the tech sector, particularly with the emergence of Artificial Intelligence (AI). She emphasised the opportunity to develop more helpful products for users and faster solutions for customers. However, Porat acknowledged the necessity for tough decisions, including adjustments in work locations to align with priority areas.
As the Lok Sabha Election 2024 is set to kick off on April 19 and culminate with results announced on June 4, 2024, several cities will witness bank closures on the first day of polling. Several cities across India will observe bank closures, in alignment with the Reserve Bank of India's (RBI) holiday calendar for the year. This measure is taken to ensure citizens' participation in the electoral process without disruption to essential services.
Equity benchmark indices Sensex and Nifty extended their losing streak to the fourth straight session and settled lower on Thursday amid heavy volatility triggered by selling in banking stocks and unabated outflow of foreign funds. Fading expectations of an immediate interest rate cut by the US Federal Reserve as well as escalating geopolitical tensions also dampened investors' sentiment.
In a significant development, Air India is set to introduce its A350 aircraft on the Delhi-Dubai route from May 1, signalling the Tata Group airline's debut of the wide-body plane for international flights. "Operating as AI995/996, the aircraft is scheduled to depart Delhi daily at 20:45 hours, arriving at 22:45 hours in Dubai," the airline said in a release on Thursday.
Elon Musk India visit: Days ahead of tech billionaire Elon Musk's India visit, an advisor representing Tesla, the electric car manufacturer, participated in a stakeholders' meeting focused on India's newly formulated Electric Vehicles policy on Thursday, sources said.
Sensex tanked 672.53 points to 71,816.46 in early trade and Nifty dropped 218.2 points to 21,777.65 on Friday. The market sentiment was grim as only six out of the Nifty companies advanced, while a staggering 44 witnessed declines.
The Noida International Airport has started calibrating the ground-based radio navigation system at the greenfield facility this week with a maiden turboprop aircraft flight. The airport, located at Jewar, around 75 km from Delhi, is scheduled to start commercial operations by the end of 2024.
New Delhi: Tesla CEO Elon Musk has postponed a planned trip to India where he was scheduled to meet Prime Minister Narendra Modi on Monday and announce plans to enter the South Asian market, three people familiar with the matter told Reuters on Saturday. It is unclear why Musk postponed the trip as Tesla and PMO did not immediately respond to requests for comment.
Hybrid mutual fund schemes have seen a resurgence in 2023-24, garnering Rs 1.45 lakh crore in investments, driven by substantial inflows into the arbitrage category, following withdrawals in the previous fiscal year. The surge in assets was complemented by an increase in the number of investors, with the number of folios reaching 1.35 crore in March 2024 from 1.21 crore a year earlier, adding an investor base of 14 lakh. This shows investors' inclination for hybrid funds.
Former Reserve Bank of India (RBI) Governor D Subbarao said the Modi government should come out with a 'White paper' to generate consensus among political parties on the issue of giveaways or freebies.
In a significant move, tech giant Google has declared plans for major restructuring, potentially leading to employee layoffs. The company's chief financial officer, Ruth Porat, conveyed this message to employees via a memo, CNBC reported. According to the memo, Ruth Porat addressed the ongoing platform shift in the tech sector, particularly with the emergence of Artificial Intelligence (AI). She emphasised the opportunity to develop more helpful products for users and faster solutions for customers. However, Porat acknowledged the necessity for tough decisions, including adjustments in work locations to align with priority areas.
As the Lok Sabha Election 2024 is set to kick off on April 19 and culminate with results announced on June 4, 2024, several cities will witness bank closures on the first day of polling. Several cities across India will observe bank closures, in alignment with the Reserve Bank of India's (RBI) holiday calendar for the year. This measure is taken to ensure citizens' participation in the electoral process without disruption to essential services.
Equity benchmark indices Sensex and Nifty extended their losing streak to the fourth straight session and settled lower on Thursday amid heavy volatility triggered by selling in banking stocks and unabated outflow of foreign funds. Fading expectations of an immediate interest rate cut by the US Federal Reserve as well as escalating geopolitical tensions also dampened investors' sentiment.
In a significant development, Air India is set to introduce its A350 aircraft on the Delhi-Dubai route from May 1, signalling the Tata Group airline's debut of the wide-body plane for international flights. "Operating as AI995/996, the aircraft is scheduled to depart Delhi daily at 20:45 hours, arriving at 22:45 hours in Dubai," the airline said in a release on Thursday.
Elon Musk India visit: Days ahead of tech billionaire Elon Musk's India visit, an advisor representing Tesla, the electric car manufacturer, participated in a stakeholders' meeting focused on India's newly formulated Electric Vehicles policy on Thursday, sources said.
Sensex tanked 672.53 points to 71,816.46 in early trade and Nifty dropped 218.2 points to 21,777.65 on Friday. The market sentiment was grim as only six out of the Nifty companies advanced, while a staggering 44 witnessed declines.
The Noida International Airport has started calibrating the ground-based radio navigation system at the greenfield facility this week with a maiden turboprop aircraft flight. The airport, located at Jewar, around 75 km from Delhi, is scheduled to start commercial operations by the end of 2024.
New Delhi: Tesla CEO Elon Musk has postponed a planned trip to India where he was scheduled to meet Prime Minister Narendra Modi on Monday and announce plans to enter the South Asian market, three people familiar with the matter told Reuters on Saturday. It is unclear why Musk postponed the trip as Tesla and PMO did not immediately respond to requests for comment.
Hybrid mutual fund schemes have seen a resurgence in 2023-24, garnering Rs 1.45 lakh crore in investments, driven by substantial inflows into the arbitrage category, following withdrawals in the previous fiscal year. The surge in assets was complemented by an increase in the number of investors, with the number of folios reaching 1.35 crore in March 2024 from 1.21 crore a year earlier, adding an investor base of 14 lakh. This shows investors' inclination for hybrid funds.
Former Reserve Bank of India (RBI) Governor D Subbarao said the Modi government should come out with a 'White paper' to generate consensus among political parties on the issue of giveaways or freebies.
In a significant move, tech giant Google has declared plans for major restructuring, potentially leading to employee layoffs. The company's chief financial officer, Ruth Porat, conveyed this message to employees via a memo, CNBC reported. According to the memo, Ruth Porat addressed the ongoing platform shift in the tech sector, particularly with the emergence of Artificial Intelligence (AI). She emphasised the opportunity to develop more helpful products for users and faster solutions for customers. However, Porat acknowledged the necessity for tough decisions, including adjustments in work locations to align with priority areas.
As the Lok Sabha Election 2024 is set to kick off on April 19 and culminate with results announced on June 4, 2024, several cities will witness bank closures on the first day of polling. Several cities across India will observe bank closures, in alignment with the Reserve Bank of India's (RBI) holiday calendar for the year. This measure is taken to ensure citizens' participation in the electoral process without disruption to essential services.
Equity benchmark indices Sensex and Nifty extended their losing streak to the fourth straight session and settled lower on Thursday amid heavy volatility triggered by selling in banking stocks and unabated outflow of foreign funds. Fading expectations of an immediate interest rate cut by the US Federal Reserve as well as escalating geopolitical tensions also dampened investors' sentiment.
In a significant development, Air India is set to introduce its A350 aircraft on the Delhi-Dubai route from May 1, signalling the Tata Group airline's debut of the wide-body plane for international flights. "Operating as AI995/996, the aircraft is scheduled to depart Delhi daily at 20:45 hours, arriving at 22:45 hours in Dubai," the airline said in a release on Thursday.
Elon Musk India visit: Days ahead of tech billionaire Elon Musk's India visit, an advisor representing Tesla, the electric car manufacturer, participated in a stakeholders' meeting focused on India's newly formulated Electric Vehicles policy on Thursday, sources said.
Sensex tanked 672.53 points to 71,816.46 in early trade and Nifty dropped 218.2 points to 21,777.65 on Friday. The market sentiment was grim as only six out of the Nifty companies advanced, while a staggering 44 witnessed declines.
The Noida International Airport has started calibrating the ground-based radio navigation system at the greenfield facility this week with a maiden turboprop aircraft flight. The airport, located at Jewar, around 75 km from Delhi, is scheduled to start commercial operations by the end of 2024.
New Delhi: Tesla CEO Elon Musk has postponed a planned trip to India where he was scheduled to meet Prime Minister Narendra Modi on Monday and announce plans to enter the South Asian market, three people familiar with the matter told Reuters on Saturday. It is unclear why Musk postponed the trip as Tesla and PMO did not immediately respond to requests for comment.
Hybrid mutual fund schemes have seen a resurgence in 2023-24, garnering Rs 1.45 lakh crore in investments, driven by substantial inflows into the arbitrage category, following withdrawals in the previous fiscal year. The surge in assets was complemented by an increase in the number of investors, with the number of folios reaching 1.35 crore in March 2024 from 1.21 crore a year earlier, adding an investor base of 14 lakh. This shows investors' inclination for hybrid funds.
Former Reserve Bank of India (RBI) Governor D Subbarao said the Modi government should come out with a 'White paper' to generate consensus among political parties on the issue of giveaways or freebies.
In a significant move, tech giant Google has declared plans for major restructuring, potentially leading to employee layoffs. The company's chief financial officer, Ruth Porat, conveyed this message to employees via a memo, CNBC reported. According to the memo, Ruth Porat addressed the ongoing platform shift in the tech sector, particularly with the emergence of Artificial Intelligence (AI). She emphasised the opportunity to develop more helpful products for users and faster solutions for customers. However, Porat acknowledged the necessity for tough decisions, including adjustments in work locations to align with priority areas.
As the Lok Sabha Election 2024 is set to kick off on April 19 and culminate with results announced on June 4, 2024, several cities will witness bank closures on the first day of polling. Several cities across India will observe bank closures, in alignment with the Reserve Bank of India's (RBI) holiday calendar for the year. This measure is taken to ensure citizens' participation in the electoral process without disruption to essential services.
Equity benchmark indices Sensex and Nifty extended their losing streak to the fourth straight session and settled lower on Thursday amid heavy volatility triggered by selling in banking stocks and unabated outflow of foreign funds. Fading expectations of an immediate interest rate cut by the US Federal Reserve as well as escalating geopolitical tensions also dampened investors' sentiment.
In a significant development, Air India is set to introduce its A350 aircraft on the Delhi-Dubai route from May 1, signalling the Tata Group airline's debut of the wide-body plane for international flights. "Operating as AI995/996, the aircraft is scheduled to depart Delhi daily at 20:45 hours, arriving at 22:45 hours in Dubai," the airline said in a release on Thursday.
Elon Musk India visit: Days ahead of tech billionaire Elon Musk's India visit, an advisor representing Tesla, the electric car manufacturer, participated in a stakeholders' meeting focused on India's newly formulated Electric Vehicles policy on Thursday, sources said.
Sensex tanked 672.53 points to 71,816.46 in early trade and Nifty dropped 218.2 points to 21,777.65 on Friday. The market sentiment was grim as only six out of the Nifty companies advanced, while a staggering 44 witnessed declines.
The Noida International Airport has started calibrating the ground-based radio navigation system at the greenfield facility this week with a maiden turboprop aircraft flight. The airport, located at Jewar, around 75 km from Delhi, is scheduled to start commercial operations by the end of 2024.
New Delhi: Tesla CEO Elon Musk has postponed a planned trip to India where he was scheduled to meet Prime Minister Narendra Modi on Monday and announce plans to enter the South Asian market, three people familiar with the matter told Reuters on Saturday. It is unclear why Musk postponed the trip as Tesla and PMO did not immediately respond to requests for comment.
Hybrid mutual fund schemes have seen a resurgence in 2023-24, garnering Rs 1.45 lakh crore in investments, driven by substantial inflows into the arbitrage category, following withdrawals in the previous fiscal year. The surge in assets was complemented by an increase in the number of investors, with the number of folios reaching 1.35 crore in March 2024 from 1.21 crore a year earlier, adding an investor base of 14 lakh. This shows investors' inclination for hybrid funds.
Former Reserve Bank of India (RBI) Governor D Subbarao said the Modi government should come out with a 'White paper' to generate consensus among political parties on the issue of giveaways or freebies.
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