Indian Market

Aditya Birla Group new launch

Aditya Birla Group Enters Jewellery Market with ₹5000 Crore ‘Indriya’ Brand Launch

/ Indian Market /

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 […]

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SEBI report

SEBI Report: 71% of Retail Traders Face Losses in Intraday Equity Trading

/ Indian Market /

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,

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Union Budget Highlights

Budget 2024 Highlights: Major Boost for Agriculture in 2024 Budget

/ Uncategorized /

Finance Minister Nirmala Sitharaman announced substantial provisions for the agriculture and allied sectors in the 2024 budget, focusing on infrastructure, research, and farmer support. A provision of ₹1.52 lakh crore has been allocated for the agriculture and allied sectors. To enhance agricultural research, 10,000 bio-research centers will be established nationwide. Over the next two years,

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TCS collaborates with Rolls-Royce

TCS Partners with Rolls-Royce for Hydrogen Research

/ Indian Market /

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

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Infosys ADRs

Infosys ADRs Surge Over 8% Following Strong Q1 Financial Performance, Share in Focus

/ Indian Market /

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

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MTNL

MTNL Shares Soars 20% as Government Pays Rs 92 Crore in Bond Interest

/ Indian Market /

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

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UP Government Extends Electric Vehicle Subsidy Policy Until 2027

/ Indian Market /

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.

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Tanla Platforms Shares

Tanla Platforms Shares Soar 10% on Anti-Scam Deal with Global Tech Giant

/ Indian Market /

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

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Adani Wilmar to Buy 67% Stake in Omkar Chemicals for Rs 56 Crore

Adani Wilmar to Buy 67% Stake in Omkar Chemicals for Rs 56 Crore

/ Indian Market /

Adani Wilmar Ltd, a major player in the edible oil sector, is set to acquire a 67% stake in Omkar Chemicals Industries for Rs 56 crore. Adani Wilmar, a joint venture of the Adani Group and Singapore’s Wilmar Group, is one of India’s largest FMCG companies. They offer a wide range of kitchen essentials such

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