The firm has quietly introduced a selection of coolers under the Wyzr brand, now accessible on Flipkart. According to a report, Reliance Industries is set to step into the consumer …
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Under the agreement, Tata Group assumes complete ownership of the TV platform by purchasing Disney’s 29.8% stake. According to Bloomberg sources, Walt Disney Co has agreed to divest its minority …
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Paytm’s Q4 results affected by UPI transition and payments bank embargo, expecting Rs 500 crore EBITDA impact. Paytm’s fourth-quarter losses rose to Rs 550 crore, up from Rs 169 crore …
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IREDA, a government-owned entity, intends to conduct an FPO in FY25 due to increased demand for renewable project loans.
by smtfinby smtfinIREDA’s net worth is approximately ₹8,600 crore, with a loan book of about ₹59,698 crore. Disbursements in FY24 amounted to roughly ₹25,089 crore, up from ₹21,639 crore in FY23. The …
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DMRC final notice to Reliance Infra Arm in Delhi Metro Case, Demanding Rs 2,600-Crore Refund
by smtfinby smtfinIf Delhi Airport Metro Express Pvt. Ltd. fails to deposit the amount within 15 days, DMRC will be compelled to file a contempt of court case against it. Delhi Metro …
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Oil India’s Q4 net profit increases by 13% YoY; board approves 1:2 bonus offering.
by smtfinby smtfinOil India’s Q4 saw a 13.45% surge in standalone net profit to Rs 2,028.83 crore, alongside a 2.46% revenue uptick to Rs 5,527.3 crore compared to Q4 FY23. Profit before …
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Maruti Suzuki plans to establish 25,000 electric vehicle (EV) charging stations in preparation for the launch of its eVX model
As Maruti Suzuki India gears up for the launch of its first electric vehicle, the midsize SUV known as the Concept eVX, the company is …
Vodafone Idea share price plummets 15% after the Supreme Court dismisses telecom companies’ plea for re-computation of AGR dues
Vodafone Idea shares faced a sharp 15% decline, hitting the lower circuit after the Supreme Court of India dismissed telecom companies’ plea for the re-computation …
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Business
Razorpay plans for an IPO after FY26, with the process of India domicile set to conclude within six months
by adminby adminIn May 2023, Razorpay began relocating its parent company from the US to India, in preparation for its listing on Indian stock exchanges.
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Market News
Olectra Greentech surges 10% following a ₹4,000-crore order win for electric buses
by adminby adminOlectra Greentech will also handle the maintenance of these electric buses throughout the contract, with delivery scheduled over 18 months.
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Business
Jio Financial Services achieves a market capitalization of Rs 2 lakh crore as Reliance Industries Limited (RIL) hits a new all-time high
by adminby adminJio Financial Services has seen its shares surge by over 48% in the last three months and by more than 40% year-to-date (YTD), resulting in …
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World News
Nvidia’s shares surges 15% on Wall Street amid AI frenzy, nearing $2 trillion market value
by adminby adminNvidia’s shares have surged 36% this year, making it the best-performing stock in the S&P 500 index, and contributing significantly to the index reaching record …
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Grasim Industries, a division of the Aditya Birla Group, steps into the paint industry with Birla Opus, adding to the competition in decorative paints. Grasim …
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Nvidia has benefited greatly from the recent tech industry focus on large AI models, which are built using the company’s expensive graphics processors designed for …
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Walmart’s PhonePe launches Indus Appstore in India to rival Google’s Play Store. The platform offers 200,000+ apps and games in 12 Indian languages, with no …
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Market News
Cabinet approves raising sugarcane Fair and Remunerative Price (FRP) by Rs 25 to Rs 340 per quintal for 2024-25 season
by adminby adminThe government has approved a Rs 25 hike in the Fair and Remunerative Price (FRP) for sugarcane growers, setting it at Rs 340 per quintal …
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The shares will be offered by Novelis’ sole shareholder, a unit of Hindalco Industries Ltd. Novelis won’t receive proceeds from the shareholder’s share sale.
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Over the last 30 sessions, Nvidia’s daily trading volume averaged around $30 billion, exceeding that of Elon Musk’s Tesla, which averaged $22 billion per day …