Stock market today: BSE Sensex plunges over 1,000 points; Nifty50 below 24,000
Spread the loveStock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, tanked in opening trade on Thursday after US Federal Reserve’s hawkish commentary. While BSE Sensex went … Read More
Telangana govt teams up with ITServe Alliance to drive IT sector growth in smaller towns
Spread the loveTelangana government signed an agreement with ITServe Alliance. The goal is to create 30,000 IT jobs in smaller towns. This will boost the state’s IT sector. The government … Read More
ITC ups stake in Oberoi Group & Leela Mumbai ahead of hotel arms Jan 1 demerger
Spread the loveITC bought more shares of EIH, the parent company of Oberoi Hotels. ITC’s stake in EIH is now 16.13%. ITC also increased its stake in HLV Ltd, owner … Read More
Vishal Mega Mart set to debut in Mumbai after $944 million IPO
Spread the loveVishal Mega Mart Ltd. launched its IPO, raising $944 million and valuing the company at $4 billion. The offering was oversubscribed 27 times, driven by strong investor demand. … Read More
Nissan and Honda consider merger to take on world’s biggest carmaker
Spread the loveHonda and Nissan are in preliminary merger talks, potentially creating a holding company to rival Toyota. This move could also involve Mitsubishi, further consolidating the Japanese auto industry. … Read More
MobiKwik’s shares jump 85% on trading debut, valued at Rs 40 billion
Spread the loveMobiKwik’s shares surged 85% on their debut, valuing the company around Rs 40 billion. The successful $67 million IPO, oversubscribed by 120 times, highlights the booming fintech sector … Read More
World’s 10 most powerful business leaders in 2024; find out who represents India in the Global 100
Spread the loveThe world’s top 10 business leaders of 2024 have significantly impacted industries. Elon Musk leads in innovation. Jensen Huang drives AI advancements. Satya Nadella transformed Microsoft. Warren Buffett … Read More
Stocks on brokerages’ radar for December 18
Spread the loveSeveral brokerage houses issued recommendations on various stocks. Motilal Oswal recommended buying Kirloskar Oil Engines, while ICICI Securities suggested buying PVR Inox, Sun TV, and Zee Entertainment. InCred … Read More