.12:00 PMMining drivers encounter misfortune as south carolina allows retrospective state leviesA nine-judge Bench of the Supreme Court on Wednesday (August 14) ruled that its own July 25 decision, which enables Condition authorities to impose tax obligations on exploration as well as related activities, will be used retrospectively, however only for deals developing after April 1, 2005, depending on to a record through Jurists and Bench. Check out more11:48 AMPiramal Enterprises assets rolls 10% post June one-fourth resultsShares of Piramal Enterprises plunged 10 per cent to Rs 882.85 on the BSE in Wednesday's intra-day exchange after the business reported 64 percent year-on-year (YoY) downtrend in consolidated net profit at Rs 181 crore for the June 2024 quarter (Q1FY25), being obligated to repay to an one-time gain of Rs 855 crore built up in Q1FY24 because of a risk sale in a Shriram Group body. Sequentially, the earnings was up 32 per-cent from Rs 137 crore in March 2024 one-fourth (Q4FY24). Learn more.11:35 AMMSMEs to get Rs 15,000-crore aid to enhance recycling where possible, efficiencyScheduled to introduce through very early 2025, the campaign will involve establishing component rehabilitation facilities (MRFs) and also managing post-consumption item treatment. In addition, a specialised organization is counted on to be developed to assist MSMEs in their shift to eco-friendly electricity as well as to produce adapted green policies for these enterprises, the report pointed out. Read more.11:32 AMiPhones boost Apple's India procedures rise to Rs 2 mountain in FY24.Apple's procedures in India observed a considerable rise in worth to over Rs 2 trillion in FY24, a remarkable rise from Rs 1.15 trillion in the previous year. This growth was actually steered by a rise in iPhone production and the residential sales of MacBooks, iMacs, iPads, Watches, and also AirPods, depending on to a record by The Economic Times.According to authorities, Apple has actually illustrated the absolute most fast development in manufacturing and exports amongst all companies in India over the past five years. This has placed the Cupertino-based tech giant as the most extensive international market value chain (GVC) within the nation. Apple is also the initial GVC in India to fast transfer component of its source establishment out of China, the file pointed out. Learn more.
11:15 AMAshoka Buildcon Q1 web soars 148%, order manual at Rs 10K cr equity trades up.Ashoka Buildcon stock handled a high of Rs 244 - up 4.2 per-cent in intra-day bargains on Wednesday after the company revealed its own Q1 outcomes. The stock, nevertheless, quickly reduced increases.At 11 AM, the equity was up 0.5 percent at Rs 235.50 astride 1.10 lakh shares traded at the counter as versus the two-week ordinary quantity of around 1.50 lakh allotments on the BSE. In evaluation, the BSE Sensex was up 0.1 per cent or even 62 factors at 79,019. Check out more10:58 AMSJVN portions zoom 9% on outstanding Q1FY25 incomes electrical power sales grow 238% YoY.SJVN's share surged around 8.68 percent at Rs 148.85 an item on the BSE in Wednesday's intraday exchange. The supply rate jumped after the business on Tuesday disclosed its own April-June one-fourth of fiscal year 2024-25 (Q1FY25).State-owned hydropower company SJVN stated a 31 percent boost in consolidated net revenue, reaching Rs 357.09 crore for the June quarter, because of higher earnings. This reviews to a net revenue of Rs 271.75 crore for the exact same duration in the previous financial year. Read more10:45 AMHero MotoCorp shares trip 4%, even with solid Q1FY25 end results DetailsShares of Hero MotoCorp, the globe's largest supplier of motorbikes and also mobility scooters, rolled 4.72 percent to Rs 4,992.60 on the BSE throughout very early business on Wednesday, despite the provider posting a huge rise in its consolidated internet profit for the first one-fourth of FY25. Find out more.10:32 AMHindustan Zinc plunges 4% as Vedanta board oks 2.6% risk sale via OFS.Allotment of Hindustan Zinc (HZL) dipped 4 percent to Rs 556.35 on the BSE in Wednesday's intra-day exchange after the moms and dad company Vedanta educated exchanges that its panel permitted the purchase of up to 110 million reveals or even 2.6 per-cent equity in the zinc creator through an offer for sale (OFS).In a substitution submission, Vedanta claimed the appropriately sanctioned board of directors of Vedanta at its appointment hosted Tuesday on August 13, 2024, has authorized the sale of upto 110 million capital portions of HZL, embodying 2.60 per cent of the issued and paid-up capital allotment resources of HZL, by a market via the stock exchange device. Find out more.
10:17 AMSpiceJet Marketer Ajay Singh to thin down over 10% concern to raise Rs 3,000 crAccording to reports, Ajay Singh, the marketer of SpiceJet, is actually organizing to weaken much more than 10 percent of his stake in the cash-strapped airline company to raise roughly Rs 3,000 crore. Singh currently holds a 47.8 percent stake in the airline company in addition to his loved ones. Singh's shareholding may fall to 30-35 per-cent after the fundraising, though he will definitely remain the most extensive shareholder. Go through more10:07 AMNykaa portions dive 6% after strong Q1 series internet incomes expand 152% YoY.Portions of FSN E-Commerce Ventures escalated as long as 5.76 per-cent at Rs 197.35 every share on the BSE in Wednesday's intraday profession. The assets rate jumped after the provider on Tuesday stated a solid economic performance in its own April-June quarter of financial year 2024-25 (Q1FY25).FSN E-Commerce Ventures, the driver of charm and individual treatment brand Nykaa, mentioned an internet earnings of Rs 13.6 crore for the fourth finishing June 30, 2024, embodying a 152 per cent rise from Rs 5.4 crore in the same time last year. The business's operating earnings for the quarter was Rs 1,746 crore, up 23 percent from Rs 1,422 crore in the equivalent one-fourth of the previous year. Find out more.