Reliance Industries (RIL) subsidiary JIO Financial Services (JFS) got listed on the bourses four days ago. The company has eroded market capitalization of more than ₹ 31,000 crore since then, leaving investors worried. JFS shares hit the 5 percent lower circuit for the fourth day in a row. Its shares settled at ₹ 213.45 apiece, [...]
In 2023, Foreign institutional investors have been drawn to the Indian stock market with the NIFTY 50 and the BSE Sensex reaching all-time highs. The remarkable rally in the Indian stock market continued in August, driven by strong earnings of the companies. FII buying in the Indian stock market has substantially increased in the past [...]
Venus Pipes & Tubes Ltd shares were trading at Rs 1,490.15 a share on Thursday, up Rs 3.20 or 0.22 percent, with a market capitalization of Rs 3,031 crores. According to reports, Ace investor Ashish Kacholia bought 4 lakh shares, or 1.97 percent, in the June quarter for a weighted average price of Rs 720 [...]
“Price-to-earnings” ratio, popularly known as P/E, is one of the most tracked metrics in the capital market industry. It shows how much money the company asks for a rupee of profit made by them. A stock is said to be an ‘undervalued’ one when the P/E is lesser than the industry averages. Listed below are [...]
“Dividend Yield” is usually defined as the annual dividend payment that is expressed as a percentage of the current stock price prevailing in the market. The same tells the shareholder what the return on investment has been for the price paid at the time of purchasing the security. Listed below are three stocks under the [...]
Capital markets regulator Sebi has levied a fine of Rs 20 lakh on Star India Market Research for allegedly flouting regulatory norms. Star India Market Research (SIMR) is a Sebi-registered investment adviser. The Securities and Exchange Board of India (Sebi) conducted an examination of SIMR before issuing a show cause notice on July 11, 2023, [...]
Commerce and Industry Minister Piyush Goyal on Thursday exuded confidence that the G20 ministers of trade and investment would be able to reach a broad consensus on all trade-related issues at the two-day meeting here. Representatives of the G20 countries have gathered here for the two-day trade and investment ministerial meeting. They are deliberating on [...]
Finance Secretary T V Somanathan on Thursday said India will continue to clock the highest growth rate among the top five economies in the world in the foreseeable future and asked the Indian diaspora to act as a catalyst and supplement government efforts in making India the biggest opportunity. India is currently the fifth-largest economy [...]
The Ministry of New and Renewable Energy will soon seek the Union Cabinet's approval for a mandate on the use of green hydrogen in different industries. As per the consumption mandate, various industries especially petroleum, steel and fertilizers, would be mandated to consume a certain proportion of green hydrogen. At present various industries use hydrogen [...]
In the heart of India's bustling tech scene lies a treasure trove of innovative crypto startups. These startups are leveraging blockchain technology to create groundbreaking solutions that address various challenges across industries. In this article, we highlight the best and brightest Indian crypto startups that are on the brink of transforming the way we transact, [...]