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RBI announces measures to attract foreign capital
The Reserve Bank of India (RBI) has announced few measures in order to attract capital flow. Firstly, for government securities under the Fully Accessible Route (FAR), the central bank is expanding the universe of specified securities by including all new issuances of 15-, 30- and 40-year tenor G-secs. In addition, limits pertaining to short-term investment, concentration and individual securities on FPI investment under the General Route are being removed. These measures along with the tax benefits provided by the government this morning should help attract foreign capital for government borrowing. Second, the limits for investment by NRIs and OCIs in equity instruments traded on the stock market without SEBI registration are being increased. Further, the same facility is being extended to all individual Persons Resident Outside India (PROIs) at par with NRIs and OCIs. Third, a facility of concessional forex swap will be provided till 30th September 2026 to incentivize ECBs by PSUs.
Tata Motors chairman N Chandrasekaran sets target high for TaMo's PV business
Tata Motors Chairman N Chandrasekaran has urged dealers to prepare for a significant growth phase, aiming to nearly double annual sales to 1.2 million vehicles and achieve over 20% market share by 2030. This ambitious target is supported by a ₹35,000 crore investment commitment, marking a new chapter for the company's passenger vehicle business.
HgCapital Trust shares rise 7% on manager’s investment plan By Investing.com - Investing.com India
HgCapital Trust shares rise 7% on manager’s investment plan By Investing.comInvesting.com India
Abb Power Products And Systems receives Investment Bank Analyst Rating Update By Investing.com - Investing.com India
Abb Power Products And Systems receives Investment Bank Analyst Rating Update By Investing.comInvesting.com India
Dipan Mehta picks Coforge, Persistent and Happiest Minds for the AI era
Dipan Mehta, Director at Elixir Equities, said new-age IT firms such as Happiest Minds, Persistent Systems and Coforge are well placed to benefit from the AI-led disruption in technology services. He also favoured diversified NBFCs over banks and highlighted opportunities in mining companies like NMDC and Hindustan Copper. However, he cautioned that elevated crude oil prices and the ongoing Iran conflict could weigh on India's economic growth and market sentiment. Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
Pre-Market Update: Sensex, Nifty 50 Likely to Open Cautious on June 4; Hero MotoCorp, BHEL, HCLTech - Dalal Street Investment Journal
Pre-Market Update: Sensex, Nifty 50 Likely to Open Cautious on June 4; Hero MotoCorp, BHEL, HCLTechDalal Street Investment Journal
Carlsberg bolsters India leadership ahead of planned IPO, appoints four new board members
Carlsberg India IPO: Carlsberg India is preparing for a stock market debut. The company has added four directors to its board and converted to a public limited entity. This move strengthens its governance structure as it moves towards a potential Initial Public Offering. The brewer aims for a valuation of approximately ₹30,000-35,000 crore. This strategic step signals its readiness for public investment.
Closing Bell: Sensex Falls 304 Points, Nifty 50 Ends Below 23,500; TCS Slumps 8.39% as Nifty IT Crashes 5.57% - Dalal Street Investment Journal
Closing Bell: Sensex Falls 304 Points, Nifty 50 Ends Below 23,500; TCS Slumps 8.39% as Nifty IT Crashes 5.57%Dalal Street Investment Journal
Deven Choksey remains bullish on select mid-tier IT stocks, sees up to 20% upside
Indian IT stocks could offer attractive opportunities after the recent correction, according to Deven Choksey, MD, DRChoksey FinServ. He believes downside risks are limited as companies adapt to AI-driven, outcome-based business models. Choksey prefers engineering and automotive technology companies such as KPIT Technologies, Tata Technologies and Tata Elxsi, citing strong order visibility and execution prospects. He sees the potential for 15-20% upside in select names. Choksey also remains optimistic about the long-term prospects of India's solar industry, although he believes much of the near-term optimism is already reflected in stock prices. Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
Multibagger Penny Stock Below Rs 20: IT Software Company Reports FY26 Results, Crosses Rs 1,000 Crore Revenue Milestone - Dalal Street Investment Journal
Multibagger Penny Stock Below Rs 20: IT Software Company Reports FY26 Results, Crosses Rs 1,000 Crore Revenue MilestoneDalal Street Investment Journal
GMDC to develop India’s first AI-powered rare earth supply chain observatory with £600,000 investment
Gujarat Mineral Development Corporation Ltd is partnering with the University of Cambridge to create India's first AI-powered rare earth supply chain observatory. This initiative will track the entire rare earth elements value chain in real time. It aims to enhance India's position in rare earth supply chain resilience. The project will provide crucial intelligence for policy and strategic decisions.
Pre-Market Update: Sensex, Nifty 50 Likely to Open Weak; Ola Electric, Wipro, NHPC Among Stocks in Focus - Dalal Street Investment Journal
Pre-Market Update: Sensex, Nifty 50 Likely to Open Weak; Ola Electric, Wipro, NHPC Among Stocks in FocusDalal Street Investment Journal