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News18
41 minutes ago
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- News18
Morning Digest: PM Modi's Call With JD Vance Before Op Sindoor & Other Top Stories
Last Updated: PM Modi's firm message to the US, India's 4 Para in action, AI policy gaps, silver's surge, today's brief covers diplomacy, security, finance and more. ☀️ Good Morning, India! From Operation Sindoor revelations to growing concerns over AI regulation, today's top stories span defence, digital futures, workplace burnout, and urban innovation. 💰 Silver's Time To Shine? Analysts predict a 15–20% return in two years. Silver is now being seen as both an industrial and safe-haven asset amid global turmoil. 👉 Invest Smart About the Author News Desk First Published: July 30, 2025, 06:00 IST Latest News Taurus Horoscope Today, July 30, 2025 Astrology Astrology Aries Horoscope Today, July 30, 2025 Astrology Numerology, July 30, 2025: Energetic 1, Reflective 5 And What's In Store For You Lifestyle International Friendship Day 2025: Date, History, Significance, Celebration And Gift Ideas Astrology Horoscope Today, July 30, 2025: Aries To Pisces — What's In Store For You This Wednesday latest news
Business Upturn
a day ago
- Business
- Business Upturn
Radico Khaitan: CLSA bullish with Rs 3,098 target on white spirits leadership and brand strength
By News Desk Published on July 29, 2025, 08:16 IST CLSA has initiated coverage on Radico Khaitan with an Outperform rating and a target price of ₹3,098, implying an upside of approximately 16.2% from the current market price of ₹2,665.00. The brokerage highlighted Radico's position as a leading white spirits player in India, and noted its ongoing expansion into the premium and luxury segments. CLSA praised the company's strong track record in brand creation, although it acknowledged that profit delivery has been inconsistent. Going forward, CLSA expects 265 basis points of EBITDA margin expansion, reaching 16.5% by FY28, driven by operating leverage and a premiumised product mix. Disclaimer: This article is based on CLSA's brokerage report and does not constitute investment advice. Please consult a certified financial advisor before making any investment decisions. Ahmedabad Plane Crash News desk at
Business Upturn
a day ago
- Business
- Business Upturn
Stocks to watch on July 29: PNC Infra, NTPC Green, Cosmo First, Torrent Pharma, IndusInd Bank, Waaree Energies, Omaxe, UPL in focus
By News Desk Published on July 29, 2025, 08:01 IST A number of companies are likely to be in the spotlight on July 29 based on fresh order wins, earnings announcements, and key business updates. Here's a curated list from the India Daybook of stocks in the news today: PNC Infratech surged into focus after securing a ₹2,956 crore mining services order from South Eastern Coalfields Limited (SECL), marking a significant business expansion. Kinetic Engineering made headlines with the revival of its iconic DX electric scooter, backed by a ₹249 crore EV market investment plan. TVS Srichakra announced the opening of its fourth Eurogrip Tyres branded store in Chennai, reinforcing its retail footprint. Indian Phosphate commenced operations at its Cuddalore facility, signalling the start of new manufacturing capacity. Omaxe Ltd received a ₹500 crore investment from Oaktree to fund large-scale real estate projects, aimed at boosting growth and execution timelines. Punjab Chemicals signed three strategic MOUs with overseas customers for high-value agrochemical products and intermediates. Cosmo First expanded its pet care division Zigly by acquiring Bengaluru-based Santa Animal Healthcare. Greenlam Industries received extended state incentives from the Andhra Pradesh government for its particle board project. HG Infra acquired Angul Sundargarh Transmission, opening up new inorganic and organic growth pathways. ONGC entered into a strategic agreement with BP Exploration and Reliance Industries for collaboration in the Saurashtra Basin. Solarium Green Energy bagged two new orders worth ₹26.6 crore from NTPC Vidyut Vyapar Nigam. Marksans Pharma saw Unifi Capital purchase 72.41 lakh shares at ₹232 apiece, while UPL had BofA Securities Europe SA buy 5.54 lakh shares at ₹538. Positive earnings triggers A number of companies reported strong earnings: NACL Industries: Posted a net profit of ₹13 crore vs a loss of ₹20.8 crore YoY; revenue rose to ₹448 crore. RailTel: Net profit rose to ₹66.10 crore from ₹48.67 crore YoY; revenue surged to ₹743.81 crore. Gravita India: Profit up at ₹93.06 crore vs ₹68 crore YoY; revenue stood at ₹1,039.94 crore. Paradeep Phosphates: Delivered a steep profit rise to ₹255.85 crore from ₹5.38 crore YoY. NTPC Green Energy: Reported net profit of ₹220.48 crore vs ₹138.61 crore; revenue grew to ₹680.21 crore. Waaree Energies: Net profit soared to ₹745.20 crore from ₹394.15 crore YoY; revenue touched ₹4,425.83 crore. IFB Agro, Arvind Fashion, Bajaj Health, KEC, Go Digit and others also reported YoY earnings and revenue growth. Neutral earnings Some companies posted steady but mixed earnings: Archean Chem: Net profit declined slightly YoY, while revenue grew. Ratnaveer Precision , Torrent Pharma , 20 Microns , Flair Writing , and Adani Total Gas all reported YoY growth with some margin pressures. IndusInd Bank reported net profit of ₹604 crore vs ₹2,170 crore YoY and NII decline to ₹4,640 crore from ₹5,410 crore. Eco Recycling, Macfos, Quess Corp, and Sanghi Industries posted flattish or loss-moderating performances. Disclaimer: This article is based on publicly available company announcements and regulatory filings. It does not constitute investment advice. Please consult a registered financial advisor before making any investment decisions. Ahmedabad Plane Crash News desk at
Business Upturn
a day ago
- Business
- Business Upturn
BEL share price: CLSA bullish on defence order surge, sees Rs 400 target, expects 44% inflow jump in FY26
By News Desk Published on July 29, 2025, 08:17 IST CLSA has maintained an Outperform rating on Bharat Electronics Ltd (BEL) with a target price of ₹400, indicating a modest upside from the current market price of ₹391.00. The brokerage highlighted that margins continue to outperform, with Q1FY26 EBITDA margin rising 576 basis points YoY, well above the company's 27% guidance. BEL has also posted a robust 29% year-to-date growth in new orders. CLSA sees strong tailwinds ahead as the government fast-tracks defence spending under the 'Make in India' push, with BEL poised for $7 billion in order wins over the next 12 months, equivalent to 84% of its current backlog. FY26 inflows are guided to rise 44% year-on-year, indicating continued growth momentum. Disclaimer: This article is based on CLSA's brokerage report and does not constitute investment advice. Please consult a certified financial advisor before making any investment decisions. Ahmedabad Plane Crash News desk at
Business Upturn
a day ago
- Business
- Business Upturn
How Has Crypto Impacted Big Industry in 2025?
By News Desk Published on July 28, 2025, 20:50 IST The cryptocurrency landscape is continually changing and that is what makes crypto such an exciting technology. Crypto not only has an impact within its own ecosystem but also wider industry and commerce. Read on as we assess how crypto has impacted big industry in 2025. Bitcoin Holding New cryptocurrencies are created regularly but 2025 has seen a shift back to Bitcoin as a foundational asset. Investors are no longer looking at Bitcoin as a form of speculation but more as a long-term investment. The value of Bitcoin has hit an all-time high in 2025 and we have seen a rise in the number of Bitcoin Treasury Companies. These are publicly trading businesses that have added Bitcoin as a strategic asset. Many firms are choosing to invest in Bitcoin to avoid currency risk and inflation. The United States government has created the Strategic Bitcoin Reserve, so not only are big businesses taking steps towards long term investment in cryptocurrency but so too is the world's biggest economy. Blockchain and the Cloud Cloud computing has become extremely popular in recent years, and a good example of cloud computing is video games. Thanks to the cloud, people can play the latest video games without having to own the hardware to power the games. Other servers and networks are powering the games and users simply login to their account and access the game on the cloud. This works in a similar way to the range of crypto casinos available online, where players access and play the crypto casino games without ever hosting or running the game themselves. The blockchain is a decentralized digital ledger that records the transfer and ownership of digital assets. So, how is the blockchain impacting the cloud and big industry in 2025? While blockchain technology will struggle to replace the cloud, the strengths of both technologies are being combined. By combining the two, it is possible to host blockchain networks on the cloud which means greater security for financial transactions with the efficient data processing capabilities of the cloud. There is no doubt companies are moving away from traditional cloud computing solutions in 2025 and adopting a more hybrid approach that includes the use of the security and scalability offered by the blockchain. Digital Collectibles With the rise in NFTs, big companies are releasing their own digital collectibles. Football is a notable example, and the sport is big business around the world, with millions of people tuning in to matches. The owners of football clubs have witnessed the increased popularity of NFTs and have decided to get some of the action themselves. Manchester United have started their own NFT collection for fans and have taken traditional memorabilia and transformed it into digital collectibles using the blockchain. The beauty of using the blockchain for collectibles means fans can see where the digital collectible came from, who has previously owned it, and how many were created. Football is a massive industry and crypto is beginning to have a major impact on the business side of the sport. Ahmedabad Plane Crash News desk at
