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EaseMyTrip To Bolster Operational Growth by Partnering with Google Wallet

EaseMyTrip To Bolster Operational Growth by Partnering with Google Wallet

15 May 2024

One of India’s top travel technology platforms, EaseMyTrip.com, revealed on May 15, 2024, that it has partnered with Google Wallet, which represents a major improvement in the overall user experience. The goal of this partnership is to completely transform the travel industry by providing travellers with a flawless experience by combining all booking requirements into …

PVR Inox Cuts Down On Capex By 25%, 70 Screens To Get Axed

PVR Inox Cuts Down On Capex By 25%, 70 Screens To Get Axed

15 May 2024

PVR Inox is an Indian multiplex chain based in Mumbai. It is formed by the merger of PVR Cinemas with INOX  Leisure multiplex. The company has reported muted Q4 earnings yesterday and it has decided to cut down its Capex by 25% in FY25. PVR Inox to bring down FY25 Capex Nitin Sood, CFO of …

SEBI Allows LIC To Have 3 More Years To Meet The MPS Norms

SEBI Allows LIC To Have 3 More Years To Meet The MPS Norms

15 May 2024

The Securities and Exchange Board of India (SEBI) has extended the deadline for Life Insurance Corporation of India (LIC) to achieve a 10% public shareholding, providing the insurance giant with an additional three years. Under Rule 19(2)(b)(iv) of the Securities Contracts (Regulation) Rules, 1957, companies are mandated to have a minimum of 10% public shareholding …

Market Movers: Here Are Today’s High-Volume Buzzers!

Market Movers: Here Are Today’s High-Volume Buzzers!

15 May 2024

Domestic indices, after commencing today’s trading session on a positive note, abruptly experienced a significant decline, affected by losses in the auto, banking, and FMCG sectors. Conversely, broader indices outperformed the main indices by a considerable margin. At 11:00 am, the BSE Sensex declined 0.21% reaching a level of 72,950. The Nifty 50 index fell …

These 3 Stocks from BSE 500 Jumped Over 5% Today; Do You Own Any?

These 3 Stocks from BSE 500 Jumped Over 5% Today; Do You Own Any?

15 May 2024

The benchmark index S&P BSE 500 opened today at 32,779.35 and made its day high at 32,867.53, and it is trading in green today, up by around 0.10%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 5% today. ITI Ltd Shares of …

Intellect Designs Arena’s IntellectAI Unveils Purple Fabric at London Bootcamp

Intellect Designs Arena’s IntellectAI Unveils Purple Fabric at London Bootcamp

15 May 2024

IntellectAI, the WealthTech and InsurTech arm of Intellect Design Arena, recently hosted a groundbreaking AI boot camp in London. This exclusive event brought together senior leaders from leading financial institutions for an immersive experience with IntellectAI’s revolutionary PurpleFabric platform. Purple Fabric: Enhancing Enterprise Intelligence The PurpleFabric platform represents a paradigm shift towards enterprise-connected intelligence. This …

Share Market Pre Open Updates – May 15, 2024

Share Market Pre Open Updates – May 15, 2024

15 May 2024

On May 14, 2024, the Nifty 50 rose 0.51% and closed at 22,217, and the Sensex was up 0.45%, closing at 73,104.  Top Gainers and Losers On the sectoral front, Nifty Metal, Nifty Auto, Nifty Oil and Gas, and Nifty PSU Bank ended in the green. Meanwhile, Nifty FMCG, Nifty Pharma, and Nifty Healthcare Index …

Bharti Airtel announces Q4 results, Net Profit declines by 31%

Bharti Airtel announces Q4 results, Net Profit declines by 31%

14 May 2024

Bharti Airtel reported a 31% decline in consolidated net profit for Q4FY24, amounting to Rs 2,072 crore, compared to Rs 3,006 crore the previous year, missing market expectations of Rs 3,274 crore. Despite the profit drop, revenue from operations rose 4% year-on-year to Rs 37,599 crore from Rs 36,009 crore. The Board proposed a final …

Siemens reported its Q4 Results: Net Profit surges 70.1% on YoY Basis

Siemens reported its Q4 Results: Net Profit surges 70.1% on YoY Basis

14 May 2024

Siemens Ltd. is a flagship listed company of Siemens Aktiengesellschaft in India with a market capitalization of more than Rs.2 Lakh crores. Siemens Ltd has reported its Q4 FY 2023-24 results today after market hours, The company has recorded a 70.1% year-on-year surge in its net profits. Q4 Performance of Siemens Ltd. During the March …

Overnight Digest: Top 5 mid and small-cap stocks to watch out for May 15

Overnight Digest: Top 5 mid and small-cap stocks to watch out for May 15

14 May 2024

On Tuesday, the main stock market indices ended the trading day on a high note. The Sensex rose moderately by 0.45% to close at 73,104.61 points, while the Nifty gained 0.51% to close at 22,217.85 points. The Nifty Metal, Nifty Auto, and Nifty Energy sectors closed with gains, while Nifty FMCG and Nifty Pharma sectors …

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