Stock Market Holiday: BSE and NSE Closed Today for General Elections (Lok Sabha) As investors brace for a temporary pause in trading activities, the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) have announced a closure for today in observance of the General Elections (Lok Sabha). This decision marks a significant halt in…
Understanding the Shifting Landscape of Women’s Employment in Urban India: Insights from PLFS Data In the dynamic landscape of urban employment in India, the participation of women has been subject to various shifts and challenges. The latest data from the Periodic Labour Force Survey (PLFS) sheds light on significant trends, particularly in the realm of…
Go Digit’s General Insurance refers to the range of insurance products and services provided by Go Digit General Insurance Company Limited. These offerings cover various aspects of insurance, including motor insurance, health insurance, travel insurance, property insurance, marine insurance, liability insurance, and other related products. The company aims to simplify the insurance process by leveraging…
Canara Bank’s Stock Split Spurs 5% Jump; Up 8% in Last Three Sessions Canara Bank’s stock saw a significant surge, climbing as much as 5.4% to Rs 119.40 per share on the BSE in Wednesday’s intraday trading. The rally came as the state-owned lender’s stock turned ex-date for a split in the ratio of 1:5….
Dheeraj Wadhawan, a prominent figure in the case, was arrested by the CBI on Tuesday, marking a crucial development in what is being termed as one of the largest banking frauds in India’s history. The Central Bureau of Investigation (CBI) has made a significant breakthrough in the ongoing investigation into the alleged Rs 34,000 crore…
Amidst a backdrop of evolving diplomatic dynamics, the Maldives government expressed gratitude towards India for extending a crucial budgetary lifeline of $50 million. The aid, provided in the form of a rollover of Treasury Bills, underscores the enduring friendship between the two nations, even amidst recent tensions triggered by shifts in leadership and geopolitical realignments….
On Tuesday, Zomato, the popular food delivery and quick commerce platform, witnessed a significant decline in its share price, plummeting by 6% during the trading session. The primary catalyst behind this decline was the cautious outlook regarding the company’s aggressive expansion plans and its potential impact on near-term profitability. UBS, a leading global financial services…
The Bengaluru-based company, specializing in digital services for the life sciences industry, conducted its initial public offering (IPO) from May 6 to May 8. The IPO, which included a fresh share sale of Rs 760 crore and an offer-for-sale (OFS) of up to 1,68,14,159 equity shares, garnered approximately Rs 1,841.76 crore in funds. The overwhelming…
UPL Shares Rise on Positive Revenue Growth Outlook and Turnaround Hope Investors welcomed UPL Limited’s optimistic revenue growth forecast for FY25, coupled with expectations of a turnaround in key markets such as India, Brazil, and North America. Despite a significant decline in net profit for the quarter ended March 31, 2024, UPL’s upbeat outlook sparked…
Aditya Birla Capital (ABCL) has announced robust financial results for the fourth quarter of fiscal year 2024 (Q4 FY24), showcasing impressive growth across various segments. The consolidated revenue of the company witnessed a significant uptick of 32% year-on-year, amounting to Rs. 12,079 Crore in Q4 FY24, and a commendable 30% year-on-year increase to Rs. 39,050…
