Tesla is an American electric vehicle (EV) and clean energy company. It was founded to accelerate the world’s transition to sustainable energy. Its primary focus is on designing, manufacturing, and selling electric cars, energy storage products, and renewable energy generation solutions. It is widely recognized for its innovative electric vehicles, advanced battery technology, and extensive …
Manipal Technologies has joined forces with a state-owned Indian bank to promote financial inclusion through the provision of tailored banking solutions. The collaboration’s goal is to establish a long-term network of corporate business correspondents (CBCs) to improve the availability, cost, and accessibility of financial services, particularly in underdeveloped markets and rural areas. As part of …
In a turbulent session, the Nifty50 index managed to recover around 60 points from the day’s low and re-entered the channel. Currently, it is trading around the lower side of the channel. In such weak sentiments, one small-cap stock surged around 8% with strong volumes in the morning session. The stock in discussion is Dhunseri …
Amid a turbulent market plagued by recession fears and interest-rate warnings, one stock has managed to stand tall and capture investors’ attention. Aurobindo Pharma, an Indian pharmaceutical giant, has experienced a remarkable rally, defying market trends and leaving market participants in awe. On a Friday marked by red trading screens and widespread sell-offs across various …
Ashok Leyland has signed a Memorandum of Understanding (MoU) with IDBI Bank, under which the partners will offer customised financial solutions for dealers with the combined strength of IDBI Bank and Ashok Leyland (AL), the network of AL dealers will now have financing solutions to suit their needs using digital technology. IDBI Bank’s e-Supply Chain …
The benchmark index S&P BSE 500 opened today at 25,776.39 and made its day high at 25,846.24 and it is trading in the green, up by around 0.20%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more …
Hindustan Construction Company Ltd (HCC) experienced a significant surge of 16.35% in its shares on June 22, 2023, following a remarkable increase in trading volumes. The stock of HCC began the day at Rs 18.35, showing no change from the previous day’s closing price of Rs 18.35 on the National Stock Exchange (NSE). Throughout the …
RAKBANK, a prominent financial institution in the UAE market, has chosen Newgen Software Technologies for its Trade and Supply Chain Finance (SCF) solution for digitising and streamlining the bank’s end-to-end business finance processes. The bank can effortlessly automate the origination and processing of transactions by utilising Newgen’s Trade Finance and SCF solution, built on a …
The domestic stock markets halted their two-day winning streak due to negative global signals and the weekly expiry of F&O contracts. The indices experienced a decline as profit booking was observed across the board, compounded by the hawkish remarks from the US Federal Reserve. The Sensex and Nifty indexes both dipped and closed with a …
The Indian headline indices ended the highly volatile session significantly lower, dragged down by losses in the power, utilities, and information technology sectors. All sectoral indices were trading down, with BSE Bankex and BSE Capital Goods being the least affected. Larsen & Toubro Ltd (L&T), the top Sensex gainer, attracted investors with gains of about …
