Jio Financial Services, the financial services arm of Reliance Industries Ltd (RIL), has received approval from the Reserve Bank of India (RBI) to convert into a Core Investment Company (CIC), as announced in a stock exchange filing. This move marks a significant shift in the company’s structure and operational model. From Demerger to CIC: Streamlining …
Dabur India, a leading FMCG player, is making significant strides in the digital space. According to their annual report, the company’s digital-first brands, launched exclusively online, achieved a collective turnover of over ₹100 crore in FY24. This highlights Dabur’s strategic shift towards capitalising on the burgeoning online market. New Product Launches and Category Expansion Dabur …
On July 20, 2024, Mahindra & Mahindra Ltd, India’s top SUV maker, unveiled the name of their newest SUV, 2024. The vehicle is called the Mahindra ‘Thar ROXX’. Known for creating standout SUVs, Mahindra’s latest model, ‘Thar ROXX’, aims to set new industry standards. It combines elegance, high performance, strong presence, safety, and advanced technology, …
JSW Neo Energy Limited (or JSW Neo), a wholly-owned subsidiary of JSW Energy Limited, has recently received a Letter of Award (LoA) from Karnataka Renewable Energy Development Limited (KREDL) for establishing a 300 MW Solar Power Project at Pavagada Solar Park, Karnataka. This new venture marks a significant step in the company’s ambitious growth strategy. …
On Friday, the market exhibited muted sentiment as benchmark indices closed negatively, with the Sensex dipping by 0.91% to 80,604.65 and the Nifty dropping by 1.09% to 24,530.90. The broader market also faced declines, with the Nifty Mid-cap down by 2.11% and the Nifty Small-cap falling by 2.29%. Market volatility increased, as indicated by a …
During Friday’s trading sessions, these three equities gained significantly with price and volume activity, indicating potential bullish action. Here’s an in-depth look. North Eastern Carrying Corporation Ltd North Eastern Carrying Corporation Ltd is experiencing a significant price surge today. Currently trading at Rs 35.95, the stock has seen a remarkable 14.38% increase from its previous …
On Friday, the Indian benchmark indices concluded the trading day on a notably negative note, with the Sensex losing by 0.91% to close at 80,604.65, and the Nifty slipped by 1.09% to finish at 24,530. The broader market also experienced some gains, as the Nifty Mid-Cap closed in red by 2.11%, and the Nifty Small-Cap …
On Friday, the benchmark indices were trading in the red with the Sensex down around 303 points or 0.38% at 81,110, while the Nifty-50 was down around 115 points or 0.46% at 24,686. About 899 shares have advanced; 2,696 declined and 138 are unchanged on the BSE. Top gainers and losers on the BSE Sensex …
The benchmark index S&P BSE 500 opened today at 36,708.07 and made its day high at 36,708.07, 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 2% today. Jubilant Ingrevia Ltd …
Amid weak investor sentiment across Asian markets, Indian frontline indices experienced a notable decline today, with the metals, oil & gas, energy, and power sectors bearing the brunt of the downturn. Broader indices also faced heavy selling pressure, trading over 1% lower. At 10:30 am, the BSE Sensex fell 0.22% reaching a level of 81,162. …
