On January 31, 2024, the Reserve Bank of India (RBI) barred Paytm Payments Bank from accepting fresh deposits and doing credit transactions after February 29, 2024, which was extended to March 15 2024. RBI stated that the Comprehensive System Audit report and subsequent compliance validation report of the external auditors revealed continuous non-compliance and continued …
Refrigeration gas maker Navin Fluorine International Ltd, in an exchange filing on March 14, 2024, stated that the company’s Board of Directors had approved an additional investment of ~₹250 crore in its wholly-owned subsidiary, Navin Fluorine Advanced Sciences Limited (NFASL). This investment will be made by subscribing to non-cumulative, non-convertible, non-participating, and redeemable preference shares …
On March 14, 2024, IRB Infrastructure Developers Ltd informed that Cintra, a subsidiary of Spanish construction giant Ferrovial, has agreed to acquire a 24% stake in IRB Infrastructure Trust from GIC Affiliates. Details of the Acquisition On Thursday, the Spanish multinational company Ferrovial, which operates in the infrastructure sector, confirmed that the company’s subsidiary, Cintra, …
On 15 March 2024, the shares of Ashok Leyland Limited are in focus after the sale of a minority stake of ~19.6% in Hinduja Tech (a subsidiary of Ashok Leyland) to Creador, a renowned private equity firm. The deal sees Creador investing $50 million in Hinduja Tech. The share price of Ashok Leyland opened at …
On Wednesday, the stock market witnessed a widespread decline, with broader indices experiencing the most significant drops. The Sensex ended the day lower by 1.23 per cent, closing at the level of 72,761.89, while the Nifty also closed lower by 1.51 per cent at the level of 21,997.70. Among the top gainers were ITC, ICICI …
Info Edge India and 360 One Wam are identified as upside potential stocks based on technical analysis. Both stocks have displayed promising technical setup, including price volume action before and a potential to bounce back and breakout. Currently trading at Rs 5,136.95 and Rs 699.90 respectively, their price structures align with positive signals from technical …
Investing in the stock market is all about chasing growth, and witnessing your portfolio double within a year is the holy grail for many investors. While the Nifty 50 itself may not have achieved that feat in the recent past, several of its constituents have defied market trends and soared to new heights. This article …
The benchmark index S&P BSE 500 opened today at 31,988.96 and made its day high at 32,018.73, and it is trading in red today, down by more than 0.70% From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 4% today. ITC Ltd Shares …
Although today’s trading session began with optimism, the domestic indices later trimmed some of their initial gains, fluctuating between modest gains and losses. FMCG stocks led the gains, while power and metal stocks dampened the optimism with notable losses. A significant sell-off was evident in mid-cap and small-cap stocks. At 10:30 am, the BSE Sensex …
Today, the shares of DroneAcharya Aerial Innovations Limited witnessed a decline of 4.51%. The company’s current market capitalization stands at Rs 347.83 crore. Recent Development: Adani Contract Secured DroneAcharya Aerial Innovations Limited has recently secured a significant service contract from Adani, involving the provision of DGCA certified drone pilot training. This marks a noteworthy milestone …
