World’s biggest mod site says no to Palworld Pokémon mods after taking one look at Nintendo’s record of ‘mercilessly submitting legal challenges’-

With tens of thousands of mods for games like Skyrim and Fallout, Nexus Mods must be the biggest mod site on Earth, but even it’s not keen to pick a fight over Palworld with Nintendo’s army of lawyers. After seemingly removing an Ash Ketchum mod for the game from its archives, Nexus community lead Mathew Elliot told PCGamesN that the site was “not comfortable hosting this content,” meaning anything that might at all touch the livewire that is Pokémon’s copyright.

“We do think that adding Pokémon content to Palworld is a very cool idea and we understand why people would want such a thing,” said Elliot, but Nexus is just “not comfortable hosting this content.” The reason, as you might guess, is Nintendo’s litigiousness. 

Referencing the corporation’…

Sachin Tendular backed Azad Engineering makes a strong debut on D-Street, Lists over 37% premium

Azad Engineering, endorsed by cricket legend Sachin Tendulkar, witnessed its shares open at ₹720 on the National Stock Exchange (NSE), marking an impressive 37.40% premium over the issue price of ₹524. Simultaneously, on the Bombay Stock Exchange (BSE), the stock debuted at ₹710 during Thursday’s trading session.

Anticipating the debut, Azad Engineering’s stock commanded a grey market premium (GMP) of ₹205 in the unlisted market, suggesting a potential listing price of ₹729. The initial public offering (IPO) had been priced in the range of ₹499-524.

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The ₹740-crore public issue of Azad Engineering received robust investor interest, cl…

Share Market Highlights- Sensex and Nifty ends higher, Nifty Settles above 21,700, Sensex near 72,000- IT and Auto stocks shine 

Share Market News Today | Sensex, Nifty, Share Prices Highlights: The benchmark equity indices ended Friday’s trading session in positive territory. The NSE Nifty 50 gained 52.20 points or 0.24% to settle at 21,710.80, while the BSE Sensex soared 178.58 points or 0.25% to 72,026.15. The broader indices ended in green, with gains led by Smallcap and Midcap stocks. Bank Nifty index ended lower by 36.85 points or 0.08% to settle at 48,159.00. IT and Auto stocks outperformed whereas Healthcare stocks shed. Adani Ports, Tata Consultancy, SBI Life Insurance, LTI Mindtree, and Infosys were the top gainers on the NSE Nifty 50, while the laggards include Nestle India, Britannia, UPL, JSW Steel, and Kotak Mahindra. The Indian Volatility Index (India VIX) closed down by 5.25…

Sebi seeks to boost trust in securities mkt; expands qualified stock broker framework

Sebi on Monday announced expanding the Qualified Stock Broker (QSB) framework that will bring more brokers under enhanced obligations, a move aimed at bolstering the trust of investors in the securities market.

The decision will also help in strengthening the compliance culture among stock brokers.

Now, the parameters of proprietary trading volumes, compliance and grievance redressal scores will also be taken into account while classifying stock brokers as QSBs, according to a circular.

ERP testing startup Opkey raises $47 million in Series B round from PeakSpan Capital, existing investors AI model fine-tuning key to reduce hallucinations Mining stocks NMDC, Vedanta, Hind Zinc, MOIL, Coal India plunge as much as 5% after SC allows states to collect past due…

Stocks To Watch- Bharat Dynamics, Jio Financial, Apollo Hospitals, Muthoot Finance, EV Stocks, Aarti Industries

GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 may see a positive opening on Friday. Here’s a look at the key stocks to watch in trade.

Stocks in Focus: GIFT Nifty traded up by 47 points or 0.21% at 22,710 indicating a positive opening for domestic indices NSE Nifty 50 and BSE Sensex on Friday. Previously, on Thursday, the NSE Nifty 50 ended down by 216.05 or 0.95% to settle at 22,488.15 while the BSE Sensex plunged 617.30 points or 0.83% to 73,885.60.

“The benchmark index is taking cues from the US market as treasury yields continue to climb following the stickiness of global inflation, delaying the central bank’s interest rates cut policy,” said  Vinod Nair, Head of Research, Geojit Financial Services.

Sto…

Will Nifty reclaim 24,900 on Thursday- See GIFT Nifty, FII data, F&O, crude, and more before market opens

GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 might see a higher opening on Thursday. Here is all you need to know before the market opens.

GIFT Nifty was up 75.50 points, or 0.30%, at 24,891 indicating a positive start for the domestic indices NSE Nifty 50 and BSE Sensex on Thursday. Previously, on Wednesday, the NSE Nifty 50 closed 71.35 points or 0.29% higher to settle at 24,770, while the BSE Sensex rose 102.44 points or 0.13% to finish at 80,905.30.

Key things to know before share market opens on August 22, 2024

Wall Street

US markets closed on a higher note on Wednesday as the Fed’s July FOMC minutes of the meeting revealed a dovish stance on rate cuts. The broader…

Vodafone Idea’s Rs 18,000 crore FPO kicks off today- Here is all you need to know

Vodafone Idea’s Rs 18,000 crore Follow-on Public Offer (FPO) opens for subscription today, Thursday, April 18, and will close on Monday, April 22.

The FPO price band has been set between Rs 10 to Rs 11 per share, with a minimum bid limit of 1,298 equity shares and subsequent bids in multiples thereof.

Market experts have expressed optimism about the FPO, with all signs pointing towards a bullish outlook. The total offer size amounts to Rs 18,000 crore, consisting of fresh equity shares.

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Top firms add 400,000 retail shareholders by December-end

Buoyant on the rising markets, India’s top 10 companies by retail shareholders added a total of 400,000 investors during the three-month period ended December, with Yes Bank topping the charts for the fifth straight quarter.

The number of firms having more than 1 million retail shareholders rose to 26 from 24 on September 30, 2023, with fintech major Paytm and public sector unit NHPC crossing the milestone. Paytm had more than 1 million retail shareholders as of June 2023, but dipped below the mark in September, according to data sourced from Capitaline.

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Vodafone Idea jumps 2% on plans to raise Rs 2,458 crore equity from Nokia, Ericsson

The share price of Vodafone Idea jumps 2% to intra-day high of Rs 16.38 after the company announced plans to raise up to Rs 2,458 crore through a preferential share issue to its European equipment vendors Nokia and Ericsson. This move aims to clear a portion of their pending dues and support the telco’s expansion of 4G services and rollout of 5G technology.

In a statement on Thursday, VIL’s board of directors approved a preferential allotment of 1.66 billion equity shares at Rs 14.80 per share. Nokia of Finland will invest up to Rs 1,520 crore, while Ericsson of Sweden will invest up to Rs 938 crore.

The issue price represents a 35% premium over the April follow-on offer (FPO) price of Rs 11 per share and includes a six-month lock-in period. Following the…

Titan slumps 4%! Is the domestic jewellery business losing sheen-

Titan’s stock saw deep cuts as the Tata Group firm reported sluggish growth in its jewellery business for the first quarter of FY25, much to the disappointment of investors. Shares of Titan fell sharply by 3.46% to Rs 3,156.15 apiece on the BSE, marking the fifth consecutive trading session of losses.

According to Titan’s quarterly business update released on July 5, the company registered a year-on-year (YoY) growth of 9% in Q1FY25. However, its domestic jewellery operations recorded a modest 8% YoY growth, influenced by weakened consumer demand attributed to higher gold prices and fewer wedding days.

Titan highlighted that domestic growth primarily stemmed from an increase in average selling prices, whereas buyer growth remained in the low single digits…