Microblogging platform Twitter has so far not revoked the legacy verified blue tick from most of the accounts that have not paid for subscribing 'Twitter Blue' service. However, some of the organisations in India shared that they have paid for the blue service to maintain the brand reputation on the microblogging platform. Twitter also replaced [...]
Welspun Enterprises Ltd (WEL) has appointed Kapil Maheshwari as CEO and executive director of its wholly-owned subsidiary Welspun New Energy Limited. Before joining Welspun, Maheshwari was part of Reliance Industries, where he was leading Renewable Energy and Green Hydrogen Ecosystem Development, a statement said. He comes with over 20 years of experience in solar PV, [...]
KPIT Technologies Limited shares traded in the red with a downfall of more than 10 percent yesterday and closed at a price of Rs 814. Such a fall in the stock prices is observed after the global brokerage firm JP Morgan initiated coverage on the stock with an ‘underweight’ rating and gave a target price [...]
Mufin Green Finance Ltd, a small-cap company listed on the Bombay Stock Exchange (BSE) has announced a stock split after it rallied to give multibagger returns in the past year. It is a leading Non-Banking Financial Company catering to electric vehicle loans for a variety of vehicles that can be used for income generation. In [...]
With a market capitalization of ₹ 386 crores and a market price of ₹ 18.35, SBC Exports Ltd is a penny stock. The company is engaged in the business of manufacturing garments, supplying manpower and tour operator services. The textile manufacturer’s shares gave multibagger returns of 112.14% in the past six months as its share [...]
In a recent filing with the exchange, Dhampur Sugar Mills Board declared an interim dividend of 60 percent (Rs 6) on the face value of Rs 10 per equity share out of which 50 percent (Rs 5) is solely for dividend purpose and the remaining 10 percent (Rs 1) is a special dividend which is [...]
Phoenix Mills Ltd's share was up around 1 percent yesterday and closed at a price of Rs 1,314.50. It witnessed an intra-day high of Rs 1,332.30 with an upside of about 2.4 percent as compared to the previous closing levels of Rs 1,300.95. Last week, the Singapore government sold its 2.88 percent stake in Phoenix [...]
The Life Insurance Corporation of India has increased its shareholding in Bata India from 57,48,071 to 64,36,692 equity shares. With this, its stake in the paid-up share capital of the company has gone up from 4.472 percent to 5.008 percent. Shares of Bata India closed marginally higher at ₹ 1428.00 apiece, up 0.68 percent on [...]
Introduction: The Forex market has grown to become one of the largest financial markets in the world. As a result, a vast array of trading indicators have been developed to increase the efficiency of trading and to make the job of analyzing the markets easier. In this article, we'll look at some of the best [...]
ITC Ltd shares opened its trading hour yesterday at Rs 384 and closed at a price of Rs 379.20. The stock traded in red with a downfall of 1.1 percent in comparison to the previous closing price of Rs 383.50. Last month, chairman and managing director of the ITC Group Mr. Sanjiv Puri said the [...]
Mahanagar Gas Ltd (MGL) stock opened its trading hour today at Rs 995.80 and currently trades at Rs 916.65. The stock is bearish with a steep downfall of around 7 percent as compared to the previous closing price of Rs 983.45. Keeping a purview of six months, the stock has been able to deliver returns [...]
Indowind Energy Ltd stock opened its trading hour today at Rs 9.60 and thereafter was locked in the 5 percent upper circuit at a price of Rs 9.65. The market capitalization of the company is 121 crores including it in the penny stock list. In a recent filing with the exchange, the company, after a [...]
Housing finance company Aviom has raised USD 30 million (over Rs 246 crore) in a funding round through a mix of primary and secondary investments by Nuveen, a global investment manager. The company is focused on affordable housing sector and the funding will help in expanding its loan book and widen its operations to newer [...]
The government on Monday said Rs 414.24 crore has been paid to a total of 34,497 clients of Karvy Stock Broking Ltd (KSBL) from the National Stock Exchange's (NSE) investor protection fund till March 2023. In addition, NSE along with other market infrastructure institutions (MIIs) have also monetised the mutual fund distribution business of KSBL, and [...]
Billionaire Anil Agarwal's Vedanta Resources Ltd has debt servicing obligations of about USD 3 billion, including interest, in the current fiscal, S&P Global Ratings said on Monday, estimating that the natural resources company will likely have enough liquidity until December 2023. In a statement, S&P said Vedanta is close to securing about USD 1 billion [...]
Union Health Minister Mansukh Mandaviya on Monday said consumers will save around Rs 3,500 crore annually with the government capping the prices of the majority of essential medicines, hitting out at Congress President Mallikarjun Kharge. On Sunday Kharge had taken a swipe at Prime Minister Narendra Modi over a reported hike in prices of some [...]
Indian real estate witnessed steady demand during January-March with housing sales rising by 1 per cent and gross office space leasing growing by 5 per cent year-on-year across eight major cities, Knight Frank India said on Monday. Housing prices rose in the range of 1-7 per cent annually in the first quarter of this calendar [...]
About Rs 35,000 crore unclaimed deposits as of February 2023 were transferred to the Reserve Bank by public sector banks (PSBs) in respect of deposits which have not been operated for 10 years or more, Parliament was informed on Monday. These unclaimed deposits belong to 10.24 crore accounts transferred to the Reserve Bank of India [...]
Moneyboxx Finance, which provides business loans to micro entrepreneurs in smaller towns, on Monday said it has raised equity capital of Rs 24 crore by way of private placement from non-promoter investors. With this funding round, the company said it has raised capital of Rs 48.4 crore in 2022-23 (including warrants of Rs 3.36 crore) [...]
Axis Bank in partnership with Visa on Monday launched an app that will empower merchants to accept payments through various digital modes and also enable them to manage their day-to-day business digitally. The app 'Digital Dukaan' has been specifically designed to address business requirements such as accepting digital payments, inventory management and billing, among others, [...]
