India is projected to maintain its position as the fastest-growing major economy over the next three years, positioning it to become the world’s third-largest economy […]
Category: Finance
Adani Group Surges: Rs 61,500 Crore Boost After USA Clears Hindenburg Allegations
Adani Group’s stocks experienced notable gains on Tuesday, propelled by a Bloomberg report revealing that the US had extended financing to the conglomerate’s port terminal […]
TVS Motor Company’s Sales Grow By 31% in November 2023
Retail grew ahead of the industry Domestic sales up by 50% TVS Motor Company recorded monthly sales of 364,231 units in November 2023 with a […]
HUL’s Strategic Moves: Stake in Sustainable Energy, New Director, and Green Energy Partnership
Hindustan Unilever (HUL) is making strategic moves in both its corporate structure and sustainable practices. The company is set to acquire a substantial stake, up […]
India’s Economic Landscape: Strong GDP Growth Spurs Optimism Amid Divergent Forecasts for 2023-2025
India’s GDP for the September quarter exhibited a robust growth of 7.6% from the previous year, surpassing the estimated range of 6.8-7%. V Anantha Nageswaran, […]
Malabar Gold & Diamonds Launches its 335th Global Store; is the First Indian Jewellery Retailer to Begin Operations in Canada
Malabar Gold & Diamonds first store in Canada opened in Mississauga at Heartland Town Centre within the Greater Toronto Area. The new outlet is the […]
Societe Generale Downgrades India Equities Amidst Election Volatility, While Nomura, Morgan Stanley and Goldman Sachs Offer Contrasting Views
Societe Generale downgraded Indian equities from ‘overweight’ to ‘neutral’ due to anticipated volatility in the stock markets ahead of the upcoming general elections. The strategists […]
Foot Locker Takes a Giant Step: Unveils Plans for Entry Into the Indian Market
Foot Locker’s premarket stocks surged by 10% following the announcement of its entry into the Indian market and surpassing Q3 Adj. EPS estimates by 30 […]
Nottingham City Council Declares Effective Bankruptcy Amid Financial Strain and Failed Ventures
Nottingham City Council has declared effective bankruptcy, leading to a cessation of all spending except for essential services mandated by law. The council’s financial woes, […]
𝐓𝐚𝐭𝐚 𝐌𝐨𝐭𝐨𝐫𝐬 Sold 9.9% Stake in 𝐓𝐚𝐭𝐚 𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐢𝐞𝐬
Tata Motors sold a 9.9% stake in its subsidiary, Tata Technologies, for an equity valuation of Rs 16,300 crore ($2B) to TPG Rise Climate and […]
Jeffries Predicts 25% Plunge in Indian Stock Market if Prime Minister Narendra Modi Does Not Come to Power in the 2024 General Election
A report titled “India: A New Era of Uncertainty” suggests that if Modi is defeated, it could lead to political instability, a sell-off of Indian […]
RBI Governor Shaktikanta Das Stresses Dual Focus on Inflation and Growth in Comprehensive Economic Address
Reserve Bank of India (RBI) Governor Shaktikanta Das, speaking at a banking event in Mumbai, reasserted the central bank’s commitment to a dual focus on […]