The number of demat (dematerialized) accounts in India has reached a significant milestone, surpassing the 171 million mark in August 2024. According to the latest data, 4.2 million new demat accounts were opened in August alone, highlighting the growing retail...
Cochin Shipyard shares have recently dropped by 36% from their 52-week high, leading investors to consider whether this presents a short-term buying opportunity. The stock's decline has raised questions about its valuation, future growth prospects, and potential for a...
Zee Entertainment Enterprises Ltd (ZEEL) and Sony Pictures Networks India (SPNI) have reached a settlement over their dispute concerning the aborted $10 billion merger, marking an end to a contentious chapter between the two media giants. The settlement resolves the...
Ola Electric Mobility's shares witnessed a notable 4% rise after the company announced that two of its electric scooters had received certification under the government's Production Linked Incentive (PLI) scheme. This certification is a significant achievement for the...
Infosys, Tata Motors, and Amazon have emerged as top employers by focusing on creating an engaging, supportive, and growth-oriented work environment. These companies have implemented strategies such as fostering a strong organizational culture, offering continuous...
On August 12, 2024, the initial public offering (IPO) of Saraswati Saree Depot opened for subscription, attracting significant attention from investors. The company, which specializes in traditional Indian sarees, aims to raise funds to support its working capital...
Robust Market Performance On August 12, 2024, several key stocks, including Suzlon Energy, Oil India, Muthoot Finance, Trent, Alkem Laboratories, and Lupin, reached their 52-week highs, reflecting strong market performance. This surge underscores the confidence...
The Adani Group recently issued a strong rebuttal against new allegations from Hindenburg Research, calling them "no more than red herrings" from a "desperate entity." The controversy between the two began earlier when Hindenburg accused the Adani Group of financial...
The US stock market witnessed a significant recovery, driven by robust performances from key players in the tech and industrial sectors. Nvidia, Uber, and Caterpillar emerged as the top gainers, contributing to a broader market rally after a period of volatility....
The Indian cement industry is witnessing a fierce battle as UltraTech Cement and Ambuja Cements aggressively expand their production capacities. This expansion, marked by both organic growth and strategic acquisitions, follows Holcim’s exit from the Indian market,...