The National Stock Exchange of India (NSE) has made stricter rules for what kind of stocks can be used as collateral. This will affect borrowing money for trading purposes. What […]
Strong TCS Q1: The leading Indian IT company,can boost investor
Positive: Strong TCS Q1: A solid performance by TCS, the leading Indian IT company, can boost investor confidence in the entire sector. It suggests healthy demand for IT services and […]
TCS Q1 FY25 results:Net Profit Growth: 9%
Revenue Growth: While the profit growth is healthy, the revenue growth of 5.4% is slightly lower than the projected 4.8-5% range by analysts . Margin Pressure: As expected, the wage […]
Nestle announces dividend of Rs2.75 per share
Nestle India did announce an interim dividend of Rs 2.75 per share for the financial year 2024-25. The record date for the dividend is July 16, 2024, and the dividend […]
53rd GST Council Meeting Updates On 22 June 2024
Changes in GST Rates of Goods: Uniform IGST Rate: 5% on imports of parts, components, testing equipment, tools, and tool-kits for air crafts. GST on Milk Cans: All milk cans […]
53rd GST Council Meeting On 22nd June 2024
The meeting was held in New Delhi on June 22nd, 2024, chaired by Finance Minister Nirmala Sitharaman. Focus: Revisions in the CGST Act for a smoother and more standardized process. […]
RailTel Corporation’s stock is on a tear, up over 12% today and 44% so far this year.
RailTel’s stock price surged over 12% to Rs 488,nearing its 52-week high of Rs 491. This rise follows a work order win of Rs 20.22 crore from South Central Railway. […]
Zee Entertainment’s stock is feeling the heat following the resignation of their CFO, Rohit Kumar Gupta.
CFO Resignation: On June 19th, Zee Entertainment’s CFO, Rohit Kumar Gupta, stepped down for personal reasons. Stock Price Decline: This news, coupled with other recent executive departures, has caused Zee […]
Adani Group sets its sights on a greener future with a $100 billion investment in energy transition projects.
The Adani Group, a large Indian conglomerate, announced plans to invest over $100 billion in energy transition projects. This ambitious goal includes developing renewable energy sources and manufacturing the equipment […]
India Q4 GDP Growth Data Live Updates: Economy Surges by 7.8% in Q4; FY24 Growth Hits 8.2%, Surpassing Expectations
India Q4 GDP Growth Data Live Updates: Economy Surges by 7.8% in Q4; FY24 Growth Hits 8.2%, Surpassing Expectations India’s GDP growth for the fourth quarter of the fiscal year […]
KAL Airways and Kalanithi Maran to seek more than Rs 1,323 crore in damages from SpiceJet and its chief Ajay Singh
On May 27, KAL Airways and Kalanithi Maran announced their intention to seek damages exceeding Rs 1,323 crore from SpiceJet and its chief, Ajay Singh. This decision arises from a […]
Market Update on Monday 27.05.2024
On Monday, despite strong global market sentiments, the Indian stock market ended on a flat note with minor losses. The Nifty 50 index saw a slight decline, closing 24 points […]
EaseMyTrip Founder Nishant Pitti Withdraws Bid for GoFirst Airline
EaseMyTrip Founder Nishant Pitti Withdraws Bid for GoFirst Airline “We have decided to withdraw from the GoFirst bid to concentrate on our core areas of strength,” stated Nishant Pitti, founder […]
Adani Enterprises stock recovers from $30billion losses following Hindenburg researchreport
Adani Enterprises Ltd, the flagship entity of Adani Group, has regained more than $30 billion in market value. These losses stemmed from a report by US-based short-seller Hindenburg Research in […]