UltraTech Cement Ltd has announced a significant move to consolidate its position in the Indian cement market. The company’s board has approved the acquisition of a 32.72% stake in India Cements Ltd from the promoters and their associates. This follows an initial purchase of a 22.77% stake in June at Rs 268 per share. The […]
UltraTech Cement Increases Stake in India Cements with Major Acquisition Read More »
Vistara, the premier full-service carrier of India, announced that passengers on international flights could enjoy complimentary in-flight Wi-Fi. The new service gives 20 minutes of free Wi-Fi on all three cabins aboard its Boeing 787-9 Dreamliner and Airbus A321neo aircraft, thus making Vistara the first Indian airline to introduce this feature. Passengers can use complimentary
Vistara Launches Complimentary In-Flight Wi-Fi on International Flights Read More »
The Aditya Birla Group has announced its Enter into branded jewelry retail with a new brand, ‘Indriya’, proposed to be launched under its subsidiary Novel Jewels. An investment of ₹5000 crore is being planned to open the first four-store outlets across Delhi, Jaipur, Indore on July 27. The company expressed hopes that within the next
Aditya Birla Group Enters Jewellery Market with ₹5000 Crore ‘Indriya’ Brand Launch Read More »
A recent report by the Securities and Exchange Board of India (SEBI) has revealed a troubling trend in retail intraday equity trading, where 71% of individual traders incurred losses during FY23. This marks an increase from 65% in FY19 and 69% in FY22. The data shows that the frequency of trading is a critical factor,
SEBI Report: 71% of Retail Traders Face Losses in Intraday Equity Trading Read More »
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Intraday Trading Trends in India: Key Insights and Statistics Read More »
Tata Consultancy Services (TCS) has expanded its collaboration with Rolls-Royce, the British aerospace and defence giant, to advance research in hydrogen fuel technology for aviation. The partnership aims to explore hydrogen as a zero-carbon fuel alternative, addressing key challenges in fuel combustion, delivery, and system integration. TCS will contribute engineering expertise to support Rolls-Royce in
TCS Partners with Rolls-Royce for Hydrogen Research Read More »
Infosys share price is expected to increase on Friday after its American Depository Receipts (ADRs) surged over 8% following the announcement of its Q1 results. Infosys ADRs experienced their biggest single-day jump in four years on the New York Stock Exchange (NYSE) on Thursday, closing 8.38% higher at $22.50 after the company surpassed its revenue
Infosys ADRs Surge Over 8% Following Strong Q1 Financial Performance, Share in Focus Read More »
Shares of Mahanagar Telephone Nigam Limited (MTNL) surged by 20% to hit the upper circuit, reaching a multi-year high of Rs 64.08 on the NSE. This significant increase follows the government’s deposit of Rs 92 crore to cover the immediate bond interest dues for the state-owned telecom company. On July 11, MTNL announced it lacked
MTNL Shares Soars 20% as Government Pays Rs 92 Crore in Bond Interest Read More »
The Uttar Pradesh government has announced an extension of its electric vehicle (EV) subsidy policy until 2027, as stated in an official notification on July 16. Under this policy, buyers of electric two-wheelers will receive a subsidy of Rs 5,000, while those purchasing electric four-wheelers will be eligible for a subsidy of Rs 1 lakh.
UP Government Extends Electric Vehicle Subsidy Policy Until 2027 Read More »
Tanla Platforms saw its stock surge by over 10% after announcing a partnership with a leading global tech company to fight scams on messaging platforms. Tanla’s AI-driven anti-phishing solution, Wisely ATP, will identify fraudulent phone numbers and suspicious URLs to alert WhatsApp about potential scams. The details of the deal remain confidential, but media reports
Tanla Platforms Shares Soar 10% on Anti-Scam Deal with Global Tech Giant Read More »
