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Stocks of listed brokers, asset managers dip up to 70% amid market crash

Stocks of listed brokers, asset managers dip up to 70% amid market crash

The market correction in India since the last few months has seen shares of listed stock brokers on the National stock Exchange (NSE) tumble up to 70 per cent at the bourses.

While the Nifty 50 index has lost 9 per cent since September 18, 2024, scrips of most listed stock brokers, too, have felt the heat with counters such as TruCap Finance, Geojit Financial Services, 5Paisa Capital, Prime Securities.

India's first private PSLV to launch TDS-1 to test 35 technologies: Isro

India's first private PSLV to launch TDS-1 to test 35 technologies: Isro

India's first privately manufactured Polar Satellite Launch Vehicle (PSLV), being jointly developed by HAL and L&T, will carry a technology demonstration satellite (TDS-1) to test up to 35 new Indigenous technologies.

In an interview with the Times of India (TOI), Isro chairman V Narayanan revealed that the first privately manufactured PSLV is scheduled to launch in the third quarter of this year.

PM Modi's adviser calls USAID a 'scam', questions funding for India polls

PM Modi's adviser calls USAID a 'scam', questions funding for India polls

The US Department of Government Efficiency (DOGE), headed by billionaire Elon Musk, has yet again sparked controversy by claiming to have revoked $21 million in US funds originally designated to "boost voter participation" in India.

The statement has provoked sharp reactions, with Sanjeev Sanyal, a member of the Economic Advisory Council to PM Modi, criticising the USAID agency as the “biggest scam in human history”.

India set to become third-largest economy in world by 2029: Haryana CM

India set to become third-largest economy in world by 2029: Haryana CM

Haryana Chief Minister Nayab Singh Saini expressed confidence that India will achieve its goal of becoming a developed nation by 2047.

He emphasized that the country is on a fast track to emerge as the world's third-largest economy by 2029.

LG Electronics kicks off roadshows to launch $1.5 bn India IPO this year

LG Electronics kicks off roadshows to launch $1.5 bn India IPO this year

LG Electronics Inc. has started roadshows to meet potential investors in the initial public offering of its Indian unit, people familiar with the matter said.

The South Korean company has recently kicked off the process as it moves forward with the listing plans, the people said, asking not to be identified because the matter is private. LG plans a Mumbai IPO this year, Bloomberg News has reported previously.

Tesla begins hiring in India, signals entry plans after PM Modi's US trip

Tesla begins hiring in India, signals entry plans after PM Modi's US trip

Tesla Inc. is hiring in India, a sure sign it plans to enter the market shortly after Chief Executive Officer Elon Musk met Prime Minister Narendra Modi in the US.

The electric-vehicle maker sought candidates for 13 roles, including customer-facing and back-end jobs, according to advertisements on Monday on its LinkedIn page.

AAP questions delay in naming Delhi CM, says BJP has 'no face' to run govt

AAP questions delay in naming Delhi CM, says BJP has 'no face' to run govt

Launching a fresh attack on the BJP over its delay in announcing the chief minister and the cabinet for Delhi, the Aam Aadmi Party (AAP) on Monday said the saffron party has "no face" to run the government.

Addressing a press conference, senior AAP leader and Delhi's acting Chief Minister Atishi accused the BJP of lacking a credible leader to govern the national capital.

DOGE cancels $21 mn intended for 'voter turnout in India', BJP reacts

DOGE cancels $21 mn intended for 'voter turnout in India', BJP reacts

The United States Department of Government Efficiency (DOGE), led by Elon Musk, has announced the cancellation of over $750 million in international aid, including a $21 million programme aimed at boosting voter turnout in India. The ruling Bharatiya Janata Party (BJP) claimed that the USAID (United States Agency for International Development) funding was proof of "external interference in India's electoral process."

Zen Technologies shares tank 20% post Q3 results; plunges 52% in 1 month

Zen Technologies shares tank 20% post Q3 results; plunges 52% in 1 month

Zen Technologies share price today hit an eight-month low of Rs 1,079.35 on the BSE on Monday, February 17, 2025. The shares were locked in the 20 per cent lower circuit at 09:36 AM on the back of a slowdown in order inflow. The company said it bagged new orders worth just Rs 1.69 crore in the December 2024 quarter (Q3FY25).

As on October 1, 2024, the company's order book was Rs 956.74 crore and the company executed orders worth Rs 141.52 crore in Q3FY25.

Xi Jinping, Jack Ma talks may act as next catalyst for China's tech rally

Xi Jinping, Jack Ma talks may act as next catalyst for China's tech rally

A potential encounter this week between President Xi Jinping and e-commerce icon Jack Ma, coming after a blistering run by tech shares, could be the next catalyst to extend the rally in China’s stocks.

Prominent entrepreneurs including Ma have been invited to meet the nation’s top leaders, people familiar with the matter said last week.

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