Adani Enterprises has sold its entire 100% stake in Natural Growers to Samarpratap Agrotech for ₹8.25 crore, focusing on refining its core businesses. The acquisition aligns with Samarpratap Agrotech's expansion in the food sector. Additionally, Ad

Paytm's CEO Vijay Shekhar Sharma is acquiring a 10.3% stake from Antfin, boosting his ownership to 19.42%, while Antfin's share drops to 13.5%. The deal, valued at $628 million, showcases Sharma's dedication without cash involvement. Paytm's manageme

Indian automaker Mahindra & Mahindra has partnered with Singapore-based Temasek, a private equity firm, for its electric vehicle (EV) ambitions. Temasek will acquire up to 2.97% stake in Mahindra's EV subsidiary, Mahindra Electric Automobile Limi

India's retail investors are surging, with 3 million new demat accounts opened in July, up 50% from the previous year. Total demat accounts now stand at a record 123.5 million. Strong market performance, derivatives trading, and appealing IPOs are th

Adani's Ambuja Cements acquired a controlling stake in Sanghi Industries for $729 million, boosting its growth and cement market presence. The move accelerates Ambuja's production goals and signals Adani Group's strategic expansion. Internal funds se

On August 3, 2023, a total of 16 stocks are getting ready to trade ex-dividend. This is a crucial date for people who invest their money. The ex-dividend date is important for both current shareholders and potential new investors. It's the day when a

Twin Star Holdings, a significant owner of Vedanta Ltd, has sold 4.3% of its stake (160 million shares) for about ₹4,136 crore. The move aims to enable Vedanta's transition to cleaner energy and managing debt. This has reduced Twin Star Holdings' o

The July auto sales in India show a mixed performance across different segments. Two-wheelers and passenger vehicles face slow demand, but commercial vehicles and tractors experience strong double-digit growth. Companies are adjusting to changing con

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 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