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AFI India Trading Company Private Limited News

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  Earnings outlook for Nifty flat; ICICI Bank, L&T could give 17-19% returns post Q2 results

  Technology companies outperformed expectations, achieving solid revenue growth while expressing cautious optimism for the coming quarters. The healthcare sector showed strong performance, with stable growth in domestic formulations. This earnings season has reinforced the importance of selectively positioning within growth-oriented sectors.

  

  India-Australia joint military exercise 'AUSTRAHIND' begins in Pune

  Indian and Australian troops have begun a joint military exercise in Pune aimed at enhancing cooperation in counter-terrorism operations. The exercise, 'AUSTRAHIND', will involve simulations of responses to terrorist activities, including raids, drone deployment, and special heli-borne operations. The training will see both sides sharing tactical expertise and fostering camaraderie between the soldiers.

  

  Fake: MEA trashes document calling for mobilisation of diaspora to confront extremists in Canada

  India's Ministry of External Affairs has dismissed a document circulating on social media as "fake." The document, which appears to be official, suggests mobilizing the Indian diaspora in Canada to counter pro-Khalistani extremism. This incident follows heightened tensions between India and Canada since Prime Minister Justin Trudeau alleged Indian involvement in the death of a Khalistani extremist last year.

  

  India needs to carefully navigate US sanctions on certain firms to safeguard business interests: GTRI

  The US recently imposed sanctions on several Indian companies for allegedly supporting Russia's military activities in Ukraine. The think tank GTRI advises Indian businesses to navigate these sanctions carefully to protect their interests. GTRI suggests that India could engage in diplomatic talks and tighten export controls to prevent future sanctions. The incident underscores the importance for Indian businesses to comply with international trade regulations, particularly when dealing with sensitive goods.

  

  Reliance Power shares hit 5% lower circuit after SECI debars co from its tenders for 3 years

  Reliance Power Share Price: Anil Ambani-led Reliance Power and its subsidiary, Reliance NU BESS, have been barred by SECI from participating in tenders for three years. This follows the submission of a "fake" bank guarantee document during a solar project bid. SECI discovered the discrepancy after the e-Reverse Auction, leading to the tender's cancellation.