Understanding Waves vs Enjin: Waves is a decentralized platform that allows for the creation, transfer, and exchange of custom tokens. Waves also allows for the tokenization of real-world assets, such as fiat currencies, commodities, and even equity shares. Waves also has its own block explorer, which can be used to track transactions on the network. The [...]
Singaporean utility firm Sembcorp Industries on Monday announced the sale of its entire stake in its India unit to an Omanese consortium for Rs 11,734 crore as part of its decarbonisation drive. The firm will sell 100 per cent of its shares in Sembcorp Energy India Ltd (SEIL) to Tanweer Infrastructure Pte Ltd, it said [...]
The total trade volume of Indian Energy Exchange (IEX) registered an 18 per cent annual decline in August to 7,805 MU (million units). The total trade volume in August 2021 was at 9,538 MU, an IEX statement said. However, on a month-on-month basis, IEX registered a 9 per cent growth in August. In July 2021, [...]
Piramal Enterprises Limited has demerged its pharma business and the stock started trading ex-pharma on August 30, 2022. The National Company Law Tribunal (NCLT) approved the demerger of Piramal Enterprises’ Pharma business and the simplification of the company’s corporate structure last month. Further, it will increase liquidity for shareholders. The diversified company’s financial business contributes [...]
Equity benchmark indices rallied nearly 1 per cent to re-visit the 59,000-mark on Monday, tracking heavy buying in index heavyweights Reliance Industries and ICICI Bank. The BSE benchmark rose 442.65 points or 0.75 per cent to settle at 59,245.98. During the day, it jumped 504.92 points or 0.85 per cent to 59,308.25. The NSE Nifty [...]
On Monday, The BSE Sensex opened 210 points or 0.4 per cent higher at 59,010, while the NSE Nifty 50 was ruling 0.4 per cent up at 17,617. With the ongoing optimism in the market, here are some stocks that will trade ex-dividend this week: Asahi India Glass Limited The glass manufacturing company has announced [...]
The shares of Colorchips New Media Ltd hit the upper circuit on Monday. The company’s shares are locked at 131.75 apiece, up 4.98% and it has announced the sub-division of its equity shares in the ratio of 1:5. Colorchips New Media Ltd is a lesser-known media company that is engaged in the business of film [...]
The shares of Suzlon Energy Limited opened at Rs 9.25 on Monday and rose by 20 per cent to hit an upper circuit at Rs 10.55. The stock has surged by more than 32 per cent in the past five days. It has delivered a return of more than 41 percent in a month. In [...]
Former Tata Sons chairman Cyrus Mistry and a co-passenger killed in the car crash on Sunday were not wearing seat belts as per the preliminary probe, a police officer said, adding over-speeding and the "error of judgement" by the driver caused the accident. Prima facie, the luxury car was speeding. It covered 20 km of [...]
Pharmaceutical ingredients maker Blue Jet Healthcare has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial public offering (IPO). The IPO is completely an offer-for-sale (OFS) of up to 21,683,178 equity shares by promoters -- Akshay Bansarilal Arora and Shiven Akshay Arora --, according to the draft red herring prospectus [...]
Reliance Power and its subsidiary have inked a pact with Varde Partners for availing debt of up to Rs 1,200 crore. In a regulatory filing, Reliance Power said the company and its subsidiary have entered into a indicative Memorandum of Understanding (MoU) with Varde Partners for availing debt of up to Rs 1,200 crore (USD [...]
New business loans for women are designed to support businesses in accomplishing their business objectives. Lenders are the only ones who understand your company's needs, hence why the loans are designed to increase the benefits. Quick processing Due to the expedited disbursement process, your loan will be approved within three business days. You can securely [...]
The Indian stock market on Monday started deep in the red as it reacted to US Federal Reserve’s Chair Jerome Powell's speech. He said that they will likely need to keep interest rates high to slow the economy for some time in its effort to tame inflation. The Sensex plunged more than 1300 points or [...]
The shares of Best Agrolife Limited traded at Rs 6.97 a piece on BSE. From there it has spiked up to the current levels of Rs 1,274 thereby delivering a multibagger return of 18,200 per cent in 4 years. In a year, the stock has delivered a return of approximately 58 per cent. If an [...]
The Enforcement Directorate Saturday said it is conducting raids at Bengaluru premises of online payment gateways like Razorpay, Paytm and Cashfree as part of an ongoing probe against "illegal" instant smartphone-based loans "controlled" by Chinese persons. The searches were launched Friday at six premises in Karnataka's capital city, it said in a statement. The search [...]
While doing a fundamental analysis of any stock one of the most crucial aspects should be to check the amount of debt that the companies owe to its creditor. A high-debt company generally yields higher risk as the chances of defaulting on them are higher. Here are four debt-free stocks that have given multibagger returns [...]
Day traders and value investors like Warren Buffett can be considered two ends of the trading/investing spectrum. The first ones don’t hold their trades for more than a day (in most cases), and long-term value investors might hold on to businesses as long as they retain their fundamental strengths. Such investors can hold on to [...]
The Indian stock market on Monday started deep in the red as it reacted to US Federal Reserve’s Chair Jerome Powell's speech. The Sensex plunged more than 1300 points or 2.23 per cent to open at 57524.27. In a similar manner, the NSE Nifty opened at 17181.90 points, down by 377.00 points or 2.15 per [...]
The shares of Crax maker- DFM Foods surged 65.87% in the past month and the shares are currently trading at ₹ 363.85 apiece. This happened after the company announced the proposal to delist its equity shares from the bourses. The company’s share price increased from ₹218.55 to the current levels. If an investor would have [...]
The flagship entity of the Adani Group - Adani Enterprises replaced Shree Cement in Nifty 50, the National Stock Exchange’s (NSE) benchmark index. These changes are based on factors including the free float market capitalization of the companies. This inclusion could lead to a net inflow of around $213 million on Adani Enterprises’ counter, however, [...]
