Fear Gauge Hits Record Low as Investors Anticipate Stable Election Outcome Indian equity markets are currently experiencing a period of low volatility, with the India VIX, a key measure of market risk expectations, plunging to a record low on Tuesday. This 20% tumble reflects investor confidence in the ruling party retaining power and a recent …
On May 01, 2024, GE T&D India Ltd, a listed entity of GE Vernova’s Electrification business in India, announced through an exchange filing that it had won an order from Power Grid Corporation of India Ltd (PGCIL) to develop a State Transmission Asset Management Centre (STAMC) in Odisha, India, for Odisha Power Transmission Corporation Limited …
The stock of Mahindra and Mahindra, The Automobile Company located in Mumbai has reached its new 52-week high of Rs.2204 by jumping over 2% in the morning session after the company announced that its overall sales have jumped by 13% at 70,471 vehicles in April, The stock has rallied around 50% in the past 6 …
On April 25, 2024, Dr. Reddy’s Laboratories Limited informed the stock exchanges that Nestlé India and the company are to form a joint venture to take the health science nutraceutical portfolio to consumers across India and other agreed territories. Details of the Partnership Nestlé India Limited and Dr. Reddy’s Laboratories Ltd announced that they have …
Coal India Ltd.’s share price has risen more than 90% in a year. As strong demand and rising production have improved earnings outlook and have led to gains for Coal India share price, analysts are expecting more than a 15% upside for Coal India share price from these levels also. What Are The Reasons for …
The iconic Godrej group, a name synonymous with a diverse range of industries from soaps to real estate, has undergone a significant restructuring. On Tuesday, a filing announced the realignment of the group’s shareholdings into two separate entities: Godrej Enterprises and Godrej Industries. This realignment is aimed at addressing differing family visions and fostering strategic …
Adani Ports and Special Economic Zone Limited (APSEZ) reported positive results for their April 2024 operations, continuing their growth trajectory. The company successfully handled 36.2 Million Metric Tonnes (MMT) cargo during the month, representing a commendable 12% increase year-on-year (YoY). This growth was widespread across APSEZ’s domestic ports, with Dhamra Port achieving a significant milestone …
Vedanta Limited is an Indian multinational mining company headquartered in Mumbai, with its main operations in iron ore, gold and aluminium mines in Goa, Karnataka, Rajasthan and Odisha. The company primarily operated in Goa and Karnataka, it has gradually expanded its operations in recent years to Odisha, Rajasthan, Chhattisgarh, Tamil Nadu, Punjab, Jharkhand, Gujarat and …
Summer’s Sweltering Forecast As the days grow longer and temperatures rise, one thing becomes clear—summer is in full swing in India. The Indian Meteorological Department (IMD) predicts a hotter-than-usual season from April to June, with heat waves expected to hit the southern peninsula, central India, eastern India, and the northwestern plains. But amidst this sweltering …
On April 25, 2024, Happiest Minds Technologies Limited informed the stock exchanges that the company signed definitive agreements to acquire 100% of the equity share capital of PureSoftware Technologies Private Limited. Details of the Acquisition A Mindful IT company, Happiest Minds Technologies, has signed definitive agreements to acquire PureSoftware Technologies Private Limited for a total …
