Stock market today saw Schaeffler India shares climb 3% to ₹3,160 on February 28 after the company reported strong financial results for the December quarter. Despite this rise, the stock has dropped 7% in the past month, underperforming the Nifty 50, which declined 5% during the same period. Schaeffler India posted a 13.2% year-on-year (YoY) […]
Schaeffler India Shares Rise 3% After Strong Q4 Profit Growth Read More »
Shares of UltraTech Cement fell nearly 4% on February 27 after the company announced its entry into the wires and cables (C&W) segment with an investment of ₹1,800 crore. The move triggered a sharp sell-off in existing players, with KEI Industries and Polycab India plunging 17% and 14%, respectively. Havells India dropped 5.1%, while RR
Paytm has announced a partnership with AI startup Perplexity to integrate AI-powered search into its app, enhancing user experience with AI-driven insights for financial literacy and decision-making. With this new feature, Paytm users will be able to ask questions, explore financial topics in their local language, and receive AI-powered responses, helping them make informed financial
Paytm Partners with Perplexity to Introduce AI-Powered Search on Its App Read More »
Bank Nifty ended its four-day losing streak and gained on February 27, supported by a rally in heavyweight stocks like HDFC Bank, Axis Bank, IndusInd Bank, and IDFC First Bank. The positive momentum followed the Reserve Bank of India’s (RBI) decision to roll back the increased risk weight on bank loans to non-banking financial companies
Bank Nifty Ends 4-Day Losing Streak as RBI Reverses NBFC Loan Risk Weight Hike Read More »
Shares of Gland Pharma rose 5% on February 25, marking their best performance in 16 weeks. The surge came ahead of the company’s investor meet on February 27-28, which will be attended by analysts from Emkay and BoB Capital. The rise in share price follows the United States Food and Drug Administration (US FDA) pre-approval
Gland Pharma Shares Jump 5% After US FDA Inspection at JNPC Facility Read More »
Tata Capital has approved an initial public offering (IPO) that will include a fresh issue of 23 crore equity shares along with an offer-for-sale by existing shareholders. Additionally, the company plans to raise ₹1,504 crore through a rights issue for its current shareholders. This IPO will be the first by a Tata Group company after
Tata Capital Plans IPO and ₹1,504 Crore Rights Issue Read More »
Toronto homeowners looking to upgrade their bathrooms are prioritizing high-quality renovations that enhance both functionality and aesthetics. Whether it’s a modern spa-like retreat or a classic, elegant upgrade, choosing the right bathroom renovation company is key to achieving a flawless result. Among the most trusted names in the city, BathGuys has emerged as the best
BathGuys Leads Toronto’s Best Bathroom Renovation Services Read More »
Chinese technology stocks saw a sharp decline after former US President Donald Trump announced new restrictions on US investments in China’s tech sector, increasing concerns about rising geopolitical tensions. The move highlights the growing financial and technological divide between the world’s two largest economies. On Tuesday, the Hang Seng Tech Index dropped 4.4%, marking its
China Tech Stocks Fall as Trump’s Order Raises Geopolitical Concerns Read More »
Adani Power has received a letter of intent (LoI) for acquisition from the resolution professional of Vidarbha Industries Power Ltd (VIPL), which is undergoing insolvency proceedings under the Insolvency and Bankruptcy Code 2016. The announcement was made in an exchange filing on February 24. The Committee of Creditors (CoC) for VIPL approved Adani Power’s resolution
Adani Power Receives LoI to Acquire Vidarbha Industries Power Amid Insolvency Process Read More »
The Nifty 50 is heading for a five-month losing streak, marking its worst downturn since 1996. Weak corporate earnings, continued foreign investor outflows, and economic uncertainties have pushed Indian markets to their lowest levels in eight months. So far in February 2025, both Nifty 50 and Sensex have fallen around 4 percent, extending their total
