Vijay Shekhar Sharma, the founder of Paytm, is set to acquire a 10.30% stake in the company from Antfin (Netherlands) Holding BV. As part of the deal, Antfin will transfer 6.53 crore shares of Paytm to Resilient Asset Management B.V., an entity wholly owned by Sharma himself. Following the transaction, Sharma’s ownership in the company …
National Bank of Umm Al Qaiwain (NBQ) has selected Intellect Digital Engagement Platform (iDEP), a digital experience banking platform by Intellect Global Consumer Banking (iGCB) for its retail, SME and corporate clients. NBQ is a public shareholding company incorporated in Umm Al Qaiwain. iGCB is the Retail and Central Banking Solutions arm of Intellect Design …
The shares of Zomato experienced a sharp rise today crossing Rs 100 after a long time. The stock opened at Rs 97, which was 1.6% higher than the previous day’s closing price of Rs 95.43. During the intraday session, the stock surged by 8% with significant trading volume. Upon analysing today’s share volumes, it is …
The shares of Birla Cable Limited experienced a sharp rise today. The stock opened at Rs 198.30, which was 5.6% higher than the previous day’s closing price of Rs 187.85. During the intraday session, the stock surged by 20% with significant trading volume. Upon analysing today’s share volumes, it is evident that there has been …
Berkshire Hathaway released their second-quarter earnings, revealing a 7% increase in operating income, soaring to USD 10,043 million on Saturday. The growth was primarily attributed to the robust performance of their investment segment. If we check the total revenue earned by the company during the second quarter then, the revenue grew by 21% YoY from …
The benchmark index S&P BSE 500 opened today at 26,833.31 and made its day high at 26,900.31 and it is trading in green, up by around 0.15% From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 6% today. …
Amidst a period of profit booking and a downward trend in the markets, the technology industry witnessed a remarkable performer, Affle (India) Ltd, which surged more than 7% throughout the week. Incorporated in 1994, Affle (India) Ltd is a global technology company with a proprietary consumer intelligence platform that transforms ads into recommendations, enabling marketers …
Eicher Motors Limited (EML), is a leading player in the Indian automobile industry and the global leader in middleweight motorcycles. Eicher has a joint venture with Sweden’s AB Volvo to create Volvo Eicher Commercial Vehicles Limited (VECV). VECV is engaged in truck and bus operations, auto components business, and technical consulting services business. It also …
State Bank of India, India’s largest lender, revealed its financial results for the June quarter today. The company reported a remarkable net profit of Rs 16,884 crore, a staggering 178% increase compared to Rs 6,068 crore in the same quarter last year. The net interest income also exhibited strong growth, rising by 25% from Rs …
Engineers India Ltd (EIL) recently reported strong quarterly results and secured a significant order, signifying a robust performance. The company’s net sales increased by 0.43%, to Rs 818.27 crore while its operating profit increased by 120.31% to Rs 164.73 crore and net profit surged by 126.02% to Rs 116.38 crore. This surge in profitability translated …
