Indian stock markets witnessed a significant decline on Tuesday, mirroring the uncertainty surrounding the ongoing election results. The key market indexes, the Sensex and Nifty, experienced a sharp drop. The Sensex closed 5.74% lower at 72,079.05, while the Nifty fell 5.93% to settle at 21,884.50 The India VIX, a key volatility gauge, surged by 23.65% …
On June 3, 2024, Sansera Engineering Limited informed in an exchange filing that the Group’s company, MMRFIC Technology Private Limited (MMRFIC), inaugurated a new Research and Development (R&D) facility in Bangalore. The facility integrates semiconductor packaging, precision printed circuit board (PCB) assembly, and the testing and qualification of in-house developed products, marking a strategic diversification …
Now that we have the exit poll results, it looks like all the stars are aligning for a multi-year structural bull rally in the Indian stock market. Everyone’s buzzing about hot themes like defence, power, PSU, infrastructure, and railways, which are expected to benefit from government spending and favorable policies. But let’s talk about something …
Adani One, the super app being developed by the diverse multinational conglomerate Adani Group, has launched cobranded credit cards with the prominent private sector lender ICICI Bank. The company stated that the cards, which will operate on the Visa card scheme, will provide rewards for spending within the Adani ecosystem. This is Adani Group’s first …
On June 4, 2024, Sun Pharmaceutical Industries Ltd, along with Philogen S.p.A., announced that Nidlegy™, an investigational treatment for neoadjuvant melanoma, has had its Marketing Authorization Application (MAA) submitted to the European Medicines Agency (EMA). Based on data from the Phase 3 PIVOTAL study (PHL19IL2TNF-02/15) and Phase 2 trial (PHL19IL2TNF-02/12), the submission marks a significant …
The Indian economy is on a growth trajectory, and with it comes a growing need for a robust infrastructure network. The construction (infrastructure) Industry in India is likely to reach $1.4 Tn by 2025. This has made infrastructure stocks a hot topic among investors in India. But what exactly is driving this surge in popularity? …
Jaiprakash Associates Limited is a Noida-based Construction company mainly engaged in the business of Engineering & Construction, Manufacturing of Cement, Power, Real Estate Development, Hotel/ Hospitality, Sports, etc. The National Law Court Tribunal has admitted ICICI Bank and State Bank of India’s plea for insolvency against Jaiprakash Associates Limited(JAL). NCLT Admits Insolvency Plea Against JPA …
Cricket fever is gripping the nation, and Bharti Airtel (Airtel), India’s leading telecommunications provider, is ensuring its customers don’t miss a single moment of the action. Airtel has unveiled a comprehensive suite of special packs designed to deliver an uninterrupted and exhilarating viewing experience for the World’s Biggest T20 Cricket Tournament. Unbeatable Value for Prepaid …
Manganese Ore India Limited (MOIL), a leading Indian producer of manganese ore, has announced a string of impressive achievements for the month of May 2024 and the cumulative period of April-May 2024. This stellar performance underscores MOIL’s strong operational efficiency and strategic positioning within the global manganese ore market. Sales Hit New High In a …
On June 3, 2024, Xpro India Limited informed the stock exchanges that the company had incorporated a subsidiary, namely Xpro Dielectric Films FZ-LLC, in the Emirate of Ras Al Khaimah, United Arab Emirates. Details of the Newly Incorporated Company The newly incorporated subsidiary is a Free Zone Limited Liability Company. Xpro Dielectric Films FZ-LLC will …
