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Emami zooms 19%, hits over 2-year high on healthy business outlook

Emami zooms 19%, hits over 2-year high on healthy business outlook

Shares of Emami, the personal care products company, hit over two-year high at Rs 619, zooming 19 per cent on the BSE in Thursday's intra-day trade amid heavy volumes in an otherwise weak market as the management expects core brands to deliver a healthy all-round growth going forward, aided by recovery in rural, a strong summer and forecast of a good monsoon.

The stock surpassed its previous high of Rs 588.65 touched on January 1, 2024.

EC orders action against Nandighosha TV for telecasting exit poll results

EC orders action against Nandighosha TV for telecasting exit poll results

The Election Commission of India (ECI) directed the Chief Electoral Officer of Odisha to take immediate action against Nandighosha TV as per the existing provisions for telecasting exit poll results in Odisha.

Exit polls are prohibited under section 126A of the RP Act 1951. ECI had notified the prohibited period from April 19, 2024 (7 am) to June 1, 2024 (6:30 pm) vide its order dated March 28, 2024.

IndiGo summer sale ends tomorrow: Discounted fares start at Rs 1,199

IndiGo summer sale ends tomorrow: Discounted fares start at Rs 1,199

Buckle up for savings! IndiGo, India's leading airline, has announced a limited-time sale offering incredible deals on domestic and international flights.

Discounted fares start from Rs 1,199 for domestic flights and Rs 4,499 for international journeys. This makes it a great opportunity to plan your summer getaway without breaking the bank.

17 penny stocks zoomed up to 500x in the Narendra Modi era. Do you own any?

17 penny stocks zoomed up to 500x in the Narendra Modi era. Do you own any?

In stock markets, fortune favours the brave. More often than not, experts usually advise novice investors to stay away from penny stocks – that is stocks that trade below Rs 10. Microcap stocks – those between market capitalisation (market-cap) between Rs 10 crore and Rs 500 crore -, too, have been at times a ‘no go’ area for some stock market experts given the inherent volatility.

History, however, suggests otherwise.

HDFC Bank to stop SMS alerts for small UPI payments soon; details here

HDFC Bank to stop SMS alerts for small UPI payments soon; details here

HDFC Bank has announced that it will stop sending SMS alerts for UPI transitions up to Rs 100 from June 25. The private lender said that SMS alerts won’t be pushed for incoming payments up to Rs 500 from the said date either.

The lender informed its customers through emails and SMS that they would continue to receive email alerts for all UPI transactions.

Swati Maliwal assault: Kejriwal's aide Bibhav Kumar moves HC against arrest

Swati Maliwal assault: Kejriwal's aide Bibhav Kumar moves HC against arrest

Delhi Chief Minister Arvind Kejriwal's aide, Bibhav Kumar, on Wednesday approached the Delhi High Court to challenge his arrest in the Aam Aadmi Party (AAP) MP Swati Maliwal assault case, denouncing it as "illegal."

Kumar has filed a writ petition seeking his release from jail. His legal representatives have additionally urged a departmental inquiry against the Delhi Police officers involved in the matter.

Prestige Estates Q4 result: Profit falls 70% to Rs 140 cr on lower income

Prestige Estates Q4 result: Profit falls 70% to Rs 140 cr on lower income

Prestige Estates Projects has posted 70 per cent decline in consolidated net profit at Rs 140 crore for the quarter ended March 2024 on lower income.

Its net profit stood at Rs 468.4 crore in the year-ago period.

Total income fell to Rs 2,232.5 crore in the quarter from Rs 2,938 crore in January-March FY23, according to a regulatory filing late Tuesday.

Robotics firm DiFACTO raises Rs 40 cr in funding from Stakeboat Capital

Robotics firm DiFACTO raises Rs 40 cr in funding from Stakeboat Capital

DiFACTO Robotics and Automation, a Bengaluru-based robot automation solutions provider, said on Wednesday it has raised Rs 40 crore in a Series A funding from Stakeboat Capital.

The company will use the funding for business growth and to strengthen its market position. The startup plans to capitalise on India's automotive industry's needs for robotic automation, said Ajay Gopalswamy, chief executive officer of DiFACTO.

At 49.9 degrees Celsius, Delhi sees record-breaking maximum temperature

At 49.9 degrees Celsius, Delhi sees record-breaking maximum temperature

Delhi on Tuesday recorded its all-time high maximum temperature as the mercury touched 49.9 degrees Celsius.

According to the India Meteorological Department (IMD), some areas, some areas, such as Mungeshpur and Narela, registered temperatures of 49.9 degrees Celsius, 9 degrees Celsius above normal. Najafgarh also recorded 49.8 degrees Celsius.

Lok Sabha 2024 poll result on June 4:Brokerage expectation, market strategy

Lok Sabha 2024 poll result on June 4:Brokerage expectation, market strategy

With only the last phase of the elections now pending (scheduled for June 01, 2024), all eyes are now set on the exit poll outcome and then the counting of votes on June 04. Though the jury is still out on the margin of victory for the current dispensation – the National Democratic Alliance (NDA), most brokerages expect Narendra Modi-led NDA to cross the majority mark and form the next government.

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