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Stock Market Updates - Angel One

RBI updates new UPI transaction limits, changes rules for e-mandates for recurring payments

8 December 2023

In a game-changing move, RBI Governor Shaktikanta Das has dropped the financial mic, introducing revamped rules for Unified Payments Interface (UPI) transactions and e-mandates. Let’s dive into the nitty-gritty of these exciting updates that promise to reshape the landscape of digital payments. 1. UPI Transaction Limits Get a Mega Boost Hold on to your virtual …

Government announces plans to sell up to 8% stake in IRCON International

7 December 2023

The Indian headline indices were trading lower following a robust rally in the past few trading sessions. The decline was influenced by notable losses in the FMCG, metals, and real estate sectors. IRCON International Ltd, a civil construction company, made headlines following the announcement that the Government of India plans to sell up to 8% …

TV18 & E18 to merge with Network18 – Media Sector Mega-Merger

7 December 2023

As the wedding season brings joy and celebration, the corporate world is not far behind, with the biggest merger announcement grabbing the spotlight. This time, it’s none other than the formidable Reliance Group making waves in the media landscape. In a strategic move, Network18 Media and Investments Ltd., a part of the Reliance Group, has …

GIFT City’s financial evolution: Direct listings, Gift Nifty and expert committee insights

7 December 2023

Direct Listing Revolution in GIFT City  The International Financial Services Centres Authority (IFSCA) is steering a transformative shift in India’s financial landscape, targeting the direct listing of Indian companies in the Gujarat International Finance Tec-City (GIFT City) by April 2024. Several Indian companies currently employ American Depository Receipts (ADRs) and Global Depository Receipts (GDRs) to …

Overview of electric vehicle sales in November 2023

7 December 2023

Electric vehicles (EVs) are experiencing explosive growth, driven by a confluence of factors including technological advancements, government incentives, and a growing awareness of the environmental impact of traditional fossil fuel vehicles. Sales of EVs have been doubling annually, with November 2023 alone witnessing a 27.15% increase compared to the previous year same month. This upward …

5 Ways To Avoid Losing Money In the Stock Market

14 June 2021

Everybody wants to win in the stock market, yet 95 percent of traders lose money. Why? Investing in the stock market isn’t an easy task. If you invest carefully, you can grow your wealth by leaps and bounds. But similarly, there are also a thousand ways to lose your hard-earned money in trading. As investors, …

India-EU sign MoU on semiconductors: Paving the way for global dominance

6 December 2023

In the fast-evolving landscape of global technology, semiconductors play a pivotal role as the backbone of modern industries. The recent Memorandum of Understanding (MOU) between the Government of the Republic of India and the European Commission marks a significant milestone in fostering international collaboration in the semiconductor ecosystem. This article explores the key elements of …

Beyond the Grid: Navigating India’s Thermal Power Boom

6 December 2023

In the heart of India’s burgeoning energy landscape, the recent interaction between Union Power and New & Renewable Energy Minister Shri R. K. Singh and industry stakeholders unveiled a strategic vision for thermal power capacity expansion. This financial odyssey, fueled by a commitment to meet the nation’s escalating power demands, beckons investors and industry players …

Mankind Pharma: Investors Felt The Jitter Amid IT Department Raids

11 May 2023

On Thursday, all eyes were on the newest listed stock on the bourses i.e., Mankind Pharma as it continues to make headlines. The unpredictability of its movements had investors both thrilled and nervous, as they eagerly await the next twist in its story.    It was a rollercoaster of a day for investors of Mankind …

Persistent Systems expands in Europe, Open Office in Poland

22 May 2023

Persistent Systems recently inaugurated its first office in Poland to expand its nearshore capabilities in Europe. The office is situated in Kraków, this new office will be the latest addition to the company’s growing global delivery network. This delivery center will play a crucial role in driving digital transformation for clients across industries and provide …

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