All the results of FY24 have recently been concluded and is a good time to analyse how the overall results have been. Which sectors performed well, which sectors performed poorly, and what is the important future outlook? We will cover five sectors. There are many sectors, but we will focus more on these five selected …
The benchmark BSE Sensex rose by 470.61 points, or 0.62%, to reach 76,927.2, while the broader NSE index gained 146.3 points, or 0.63%, to 23,411.15. These gains were primarily driven by information technology stocks and occurred ahead of the release of crucial inflation data and the Federal Reserve’s policy decision. In this context of a …
In an investor presentation on June 11, 2024, Tata Motors revealed ambitions to significantly increase its market share, targeting a rise of 400-600 basis points from the current 14% to 18%- 20% by the end of this decade. The company intends to achieve this goal by introducing entirely new vehicle brands in both the internal …
On June 11, 2024, Camlin Fine Sciences Limited announced that its wholly owned subsidiary, Dresen Quimica SAPI De CV, in Mexico, signed a Share Purchase Agreement (SPA). This agreement will acquire a 100% stake in Vitafor Invest NV, Belgium, along with its subsidiaries and associates. Details of the Acquired Entity The target entity is Vitafor …
On June 11, 2024, Trident Home Textiles Limited (THTL), a wholly owned subsidiary of Trident Limited, made an additional investment in Trident Global B.V., which is itself a wholly owned subsidiary of Trident Home Textiles Limited and a step-down subsidiary of Trident Limited. Details of the Acquired Entity The acquisition of Trident Global B.V. aims …
On June 11, 2024, Tube Investments of India Ltd (Tll) informed the exchanges that the company and its subsidiary, Tl Clean Mobility Private Limited (TICMPL), have entered into a Definitive Agreement with South Asia Growth lnvest lll LLC and South Asia EBT Trust lll (collectively referred to as GEF) for an additional subscription towards Compulsorily …
Domestic indices have displayed a continuous uptrend since the beginning of today’s trading session, buoyed by strong gains in the energy, capital goods, metals, and power sectors. At 11:00 am, the BSE Sensex surged 0.71% reaching a level of 76,998. The Nifty 50 index climbed 0.68% to the 23,423 level. On the Sensex, Tech Mahindra, …
On Wednesday, the benchmark indices were trading in the green with the Sensex up around 420 points or 0.55% at 76,865, while the Nifty-50 was up around 134 points or 0.57% at 23,400. About 2,682 shares have advanced; 921 declined and 138 are unchanged on the BSE. Top gainers and losers on the BSE Sensex …
On June 11, 2024, LTIMindtree Limited informed the stock exchanges about the inauguration of its regional headquarters in Saudi Arabia’s capital, Riyadh. The company stated this as a part of its expansion plan in the Kingdom of Saudi Arabia (KSA) and the Middle East. The opening of this office aligns with the KSA government’s Regional …
On June 11, 2024, Tata Consultancy Services Limited inaugurated the Bringing Life to ThingsTM Lab in Cincinnati, Ohio. This lab is designed for rapid prototyping, experimentation, and large-scale deployment of AI, GenAI, and IoT engineering solutions, allowing TCS to help clients bring innovative solutions to market more quickly and efficiently. The company stated that this …
