In a move that was surprise, but not without warning, Fitch Ratings downgraded the credit rating of the US government by a notch from AAA to AA+. The reason for the credit rating downgrade is predicated on concerns over the impasse over the debt ceil

For the week commencing on 01st August 2023, there are a total of 7 new fund offerings (NFOs) available for investors. These funds range from a wide spectrum of active equity, passive equity, and closed ended funds. Here is a quick look at the 7 fund

On August 2, 2023, a total of 17 stocks are set to trade ex-dividend, which is an important date for people who invest money. The ex-dividend date is a key point for both current shareholders and those who might want to invest. It's the day when a co

The IPO of Zeal Global Services Ltd closed for subscription on Tuesday, 01st August 2023. The IPO had opened for subscription on 28th July 2023. Let us look at the final subscription status of Zeal Global Services Ltd at the close of subscription on

The Adani Group plans to raise ₹150 billion in FY 2023-24 by entering India's bond market, seeking to regain investor trust after facing damaging allegations. Despite the setback, the conglomerate denies wrongdoing and successfully raised ₹12.5 b

DLF Ltd., a major real estate company, experienced market turbulence as its promoters executed a significant block deal, selling a 0.87 stake worth ₹1,086 crore. The deal involved offering 2.15 crore shares at a 3 discount to the previous day's c

Reliance Industries Ltd (RIL) and Brookfield Asset Management have signed an MoU to manufacture renewable energy equipment in Australia. The partnership aims to accelerate the nation's energy transition by supplying PV modules and battery storage, su

Hypermarket chain Avenue Supermarts is eyeing expansion in North India, a new geographical focus area. However, the company faces challenges due to expensive real estate. It has successfully opened 330 stores in the country so far. The company is als

Piramal Enterprises Ltd a non-banking financial company (NBFC) experienced a sharp drop in its stock price by 8.1 after reporting very disappointing earnings for the first quarter of the fiscal year. The company's net profit fell by a huge 94 compa

Concord Biotech Ltd, a company backed by Rakesh Jhunjhunwala’s RARE Enterprises, is a R&D driven biopharma company. Concord Biotech is into the manufacture of Active Pharmaceutical Ingredients (API) via fermentation and semi-synthetic processes

Sangani Hospitals Ltd, is an SME IPO on the NSE which is opening for subscription on 04th August 2023. The company, Sangani Hospitals Ltd, was incorporated in 2021 but the journey had begun in 2001 itself. Sangani Hospitals is a multi-specialty hospi

Srivari Spices and Foods Ltd, is an SME IPO on the NSE which is opening for subscription on 07th August 2023. The company, Srivari Spices and Foods Ltd, was incorporated in the year 2019 to manufacture spices and flour (chakki atta). The company also