Daily Republic News
- Business
- January 9, 2025
Growth Concerns, High Valuations: Why HSBC Has Revised Its Outlook On Indian Equities To ‘Neutral’
HSBC has lowered its outlook on Indian stocks, shifting to a ‘neutral’ rating due to concerns over slowing growth and high valuations that limit potential upside. The brokerage cut its target for the BSE Sensex for the end of 2025 by 5%, now expecting it to reach 85,990, which su Read More
- Business
- January 9, 2025
Microsoft Layoffs 2025: ‘When People Are Not Performing…’ – Tech Giant Confirms Job Cuts Across Divisions
Microsoft is planning job cuts targeting underperforming employees. The reductions are happening across the company, including in its important security division.Microsoft Job Cuts: Why?Performance-based cuts are often backfilled by Microsoft, so its total headcount may not chang Read More
- Business
- January 8, 2025
United Breweries Suspends Beer Supply To Telangana Beverages Corporation
New Delhi, Jan 8 (PTI) United Breweries Ltd on Wednesday said it has decided to suspend supply of its beer to Telangana Beverages Corporation Ltd with immediate effect.The decision has been taken due to the non-revision of the basic price of the company’s beer from 2019-20 by Tel Read More
- Business
- January 8, 2025
Sebi Issues Guideline For Research Analysts, Investment Advisers
New Delhi, Jan 8 (PTI) Markets regulator Sebi on Wednesday said it has issued guidelines on the regulatory framework for research analysts and investment advisers to bolster investor protection and ensure transparency.These guidelines came after the regulator notified the researc Read More
- Business
- January 7, 2025
India’s GDP Likely To Grow 6.4% In FY25: Govt Data
New Delhi: India’s GDP growth is expected to decline significantly to 6.4% in FY25, down from 8.2% in FY24, according to the first advance estimates released by the National Statistics Office (NSO).The projection is lower than the recent Reserve Bank estimate of 6.6 per cent for Read More
- Business
- January 6, 2025
ITC Hotels Demerger: Stock Trades At Rs… – Check Share price Today
ITC Hotel Business went for a demerger and on January 4, 2025, the stock exchanges BSE and NSE conducted a special pre-open session from 9:00 AM to 9:45 AM to determine the share price of ITC Hotels. Regular trading in ITC shares resumed at 10:00 AM post demerger. ITC Hotels Shar Read More
- Business
- January 6, 2025
Sensex Nosedives 1200 Points, Nifty Below 23700: Is HMPV Dragging Markets Down?
The benchmark BSE Sensex tanked 1,263.16 points to 77,959.95 during the afternoon trade, while the NSE Nifty slumped 403.25 points to 23,601.50.A broad sell-off across sectors and indices pushed markets lower. The Nifty Bank index fell 1.81% to 50,066, while the India VIX fear ga Read More
- Business
- January 3, 2025
Big Fall: Tesla Shares Drop 7% After Sales Miss Wall Street Expectations – Cybertruck Delay or Demand Issues?
Tesla’s stock took a significant hit on the first trading day of 2025, dropping as much as 7% following the release of the company’s annual delivery figures, which fell short of Wall Street’s expectations. Despite a strong finish in the fourth quarter, Tesla’s overall sales for 2024 showed signs of slowing, sparking concerns about the company’s future earnings and its position in the…
- Business
- January 2, 2025
Wi-Fi In Sky: Air India Rolls Out In-Flight Internet Services For Domestic Flights
Air India has introduced a game-changing feature for its passengers: in-flight Wi-Fi internet connectivity. This groundbreaking service is now available on domestic and international flights operated by Airbus A350, Boeing 787-9, and select Airbus A321neo aircraft. The announcement, made on January 1, 2025, positions Air India as the first airline in India to provide in-flight Wi-Fi on domestic routes.The service caters to both…
- Business
- January 2, 2025
Anil Ambani’s Reliance Power Settles Rs 1,200 Cr Debt – Details
Anil Ambani-led Reliance Power is in the spotlight today after its subsidiary, Sasan Power, made a debt payment to IFFCL, UK. The company shared this update during market hours on Wednesday. Following the announcement, the stock surged over 4% yesterday. Sasan Power Clears $150 Million Debt Sasan Power, a subsidiary of Reliance Power made a $150 million (approx. Rs 1,284.6 crores) bullet repayment…
