On April 24, 2024, National Aluminium Co. Ltd informed the stock exchanges that the company’s Joint Venture company, Khanij Bidesh India Limited (KABIL), had signed a Memorandum of Understanding (MoU) with the Council of Scientific and Industrial Research – National Geophysical Research Institute (CSIR-NGRI). Khanij Bidesh India Limited signed the MoU with CSIR-NGRI to foster …
The Indian banking system is integral to the nation’s economy, serving as the conduit through which funds flow from savers to borrowers. It plays a central role in facilitating investment and supporting individual financial needs, thus contributing significantly to the country’s economic development. Recent events in the banking sector illustrate both the volatility and the …
Godrej Consumer Products Limited(GCPL), a publicly traded entity with a market capitalization of Rs.1,23,817 Crores, operates within the fast-moving consumer goods (FMCG) sector. The company specializes in the manufacturing and marketing of a wide range of household and personal care products. Markets Bullish On April 25, the stock of Godrej Consumer Products Limited rose by …
Shares of The FMCG Giant, ITC Ltd. are going to gain traction as the company has set June 6th at 10:30 AM as the date and time for the shareholders meeting for the approval of the proposed demerger of the hotel business, ITC Hotels which was made last year. Demerger Proposal ITC approved the Scheme …
Coal India Ltd.’s share price has risen more than 90% in a year. As strong demand and rising production have improved earnings outlook and have led to gains for Coal India share price, analysts are expecting more than a 15% upside for Coal India share price from these levels also. What Are The Reasons for …
In FY 2024, approximately 94 stock splits were declared and executed among companies with a market capitalization exceeding Rs.500 crores. Out of these, 44 were completed. The data shows that 30 stocks registered positive returns following the split, whereas 14 experienced declines. A stock split generally makes shares more affordable, thereby altering the risk-reward ratio …
On April 25, 2024, Dr. Reddy’s Laboratories Limited informed the stock exchanges that Nestlé India and the company are to form a joint venture to take the health science nutraceutical portfolio to consumers across India and other agreed territories. Details of the Partnership Nestlé India Limited and Dr. Reddy’s Laboratories Ltd announced that they have …
Fear Gauge Hits Record Low as Investors Anticipate Stable Election Outcome Indian equity markets are currently experiencing a period of low volatility, with the India VIX, a key measure of market risk expectations, plunging to a record low on Tuesday. This 20% tumble reflects investor confidence in the ruling party retaining power and a recent …
On April 25, 2024, Brigade Group, through an exchange filing, announced that it had signed a management agreement with IHG Hotels & Resorts, a global hospitality company to debut the InterContinental brand in Telangana − InterContinental Hyderabad Neopolis. InterContinental Hyderabad Neopolis is likely to open in 2029, and this newly constructed hotel is expected to …
On April 25, 2024, Easy Trip Planners Limited informed the stock exchanges that the company’s flagship brand, EaseMyTrip, partnered with Adani Digital Labs to offer exclusive duty-free shopping benefits. Details of the Partnership One of the leading travel tech platforms in India, EaseMyTrip.com, has entered into a strategic partnership with Adani Digital Labs (ADL) to …
