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 […]
ICICI Bank is the 4th largest bank globally
ICICI Bank is the 4th largest bank and UBS Bank is the 5th largest bank globally based on market capitalization. Rank Bank Market Capitalization (in billions) 1 JP Morgan Chase […]
spectrum auction is significantly lower compared to the record-breaking 2022 auction.
Government Target: Rs 10,000 crore (Analyst estimates: Rs 4,000 crore – Rs 16,600 crore) 2022 Auction Collection: Rs 1.5 lakh crore (record high) This significant difference suggests a few possibilities: […]
The Stanley Lifestyles IPO End on June 25th, 2024.
Stanley Lifestyles IPO The IPO details you shared seem to be from an older announcement,likely before June 21st, 2024. The actual IPO took place between June 21st and June 25th, […]
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. […]
Carraro Group’s potential IPO in India aligns with the recent developments in the auto & auto component segment.
Hyundai Motors’ plan for a massive IPO in India seems to be creating a wave in the auto sector. Carraro Group, another major player, is potentially leveraging this positive […]
Top Nifty Gainers, Losers and Sector performance:
Top Nifty gainers, losers Top Nifty Gainers: Top Nifty Losers: M&M Cipla Shriram Finance IndusInd Bank Power Grid Corporation Adani Ports Sun Pharma […]
A large block of Axis Bank shares was 0.55% sold on June 21st 2024
Equity Stake Sold: 0.55% of Axis Bank’s shares were sold in a large trade. Transaction Value: The total value of the trade was Rs 2,088 crore. Share Price: The shares […]
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. […]
Oil prices reached a seven-week high
Oil price increase: Oil prices reached a seven-week high, driven by two main factors: Demand hopes: There’s optimism that demand for oil will increase. This could be due to factors […]
Sensex, Nifty end flat close
Sensex: Up 36.45 points (0.05%) to close at 77,337.59. Nifty : Down 41.90 points (0.18%) to close at 23,516.00. Sectoral Performance: Banks and IT were the only gainers, with Bank […]
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 […]
Delhivery’s financial performance for Q4FY24
Delhivery’s financial performance for Q4FY24 seems to be a mixed bag. On the positive side, their revenue grew 12% year-over-year, indicating some business growth. Additionally, their Service EBITDA which reflects […]
Zomato and Paytm are in talks for Paytm’s movie and events business
Zomato and Paytm are in talks for Paytm’s movie and events business, but neither company has confirmed a final deal or valuation. Zomato wants to buy Paytm’s movie and events […]