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On 14 March, Reliance Industries, India's largest private company informed to stock exchanges that it had entered a binding agreement to purchase Paramount Global's complete 13.01% stake in Viacom 18 Media for ₹4,286 crore equivalent to $517 millio
In February, mutual funds made adjustments to their investments in One97 Communications Ltd, the parent company of Paytm following regulatory actions by the Reserve Bank of India (RBI). Six mutual funds including Mahindra Manulife Mutual Fund with 15
According to Co-founder & Chief Technology Officer (CTO) Gaurav Agarwal, Tata 1mg has gained sizable customer base & market share in recent months thanks to consistent pricing & strict supply chain monitoring for genuine medications. A
According to sources cited in Economic Times story, HDFC Bank, biggest private lender in India, has started preparing for much anticipated initial public offering (IPO) of its subsidiary HDB Financial Services. Depending on state of market, HDB Fi
Adani Ports: A Steady Rise Amidst Market Volatility Adani Ports has been a standout performer over the past year with a remarkable surge of 92%, it has outpaced the Nifty 50 benchmark showcasing a robust uptrend. Even over shorter periods such as
Over the past year, major players in the capital goods/industrials and utilities sectors such as Larsen & Toubro (L&T), NTPC and Power Grid have witnessed 68-93% increases in their share prices. The increase in these companies share prices ca
From the March 2023 lows, the Nifty 50 index rose 31%, while trailing profits increased by about 18% in the same period. As a result, values increased from a fair 17.5x to a high 20x on a forward earnings basis. According to experts, our one-yea
Spicejet Share Price after the announcement of strategic restructuring, number of SpiceJet employees, including Chief Commercial Officer, have departed airline, according to spokeswoman for company. A SpiceJet representative said, "Several
Shares of NLC India surged by nearly 12% on 11 March hitting a high of ₹244.05 on National Stock Exchange. This surge came as the company's offer for sale (OFS) opened for retail investors on Monday. The offering concluded at 3:30 PM and is managed
On 6th March, PM Narendra Modi inaugurated India's first underwater metro tunnel in Kolkata marking a milestone in the nation's infrastructure development. This project connects Howrah Maidan to Esplanade passing under the Hooghly River. Howrah Maida
Indian Railway Catering & Tourism Corporation has entered into a Memorandum of Understanding with Swiggy a leading online food aggregator to revolutionize the onboard dining experience for passengers of the Indian Railways. This collaboration aim
JSW Energy's shares witnessed a positive start in early trade on 6 March after a development by one of its subsidiaries. The company's step down subsidiary has secured a crucial Battery Energy Storage Purchase Agreement (BESPA) with Solar Energy Corp
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