RBI directed Paytm Payments Bank to stop onboarding new customers starting January 31. Existing customers can still withdraw or use their balances without restrictions. Effective […]
Category: Stock In News
Brokerage Reports: Paytm’s Future Post RBI’s Paytm Payment Bank Direction
Bernstein on Paytm RBI’s recent order essentially halts operations for Paytm Payments Bank (PPBL). This development is a clear negative, compounding existing regulatory concerns for […]
Mastercard Q4 Results: Strong Earnings Beat with Notable Revenue and Volume Growth
Mastercard’s profit surged by 11% in the fourth quarter, propelled by robust consumer spending during the holiday season amid a resilient labor market and diminished […]
Dabur’s Burman Family Boosts Stake in Religare Enterprises by 4.4%, Crossing 25% Ownership Mark
Dabur’s Burman family has increased their equity in Religare Enterprises by 4.4% through a multiple big blocks today, as per sources. Following today’s acquisition, the […]
Alphabet Inc. (GOOGL) Q4 2023 Earnings Report: Exceeding Expectations Across Key Metrics
Alphabet experienced a 5.6% decline in premarket trading following lower-than-expected holiday-season advertising sales and a projection of increased spending this year on items like servers […]
Nova Agritech: APSDRI Raid Company IPO Sees 113x Subscription, Allotment Completed, Set for Listing Tomorrow – Full Details
APSDRI Raid on Nova Agri Tech Pvt Ltd: Nova Agri Tech Pvt Ltd in Guntur district faced a raid by the AP State Directorate of […]
JPMorgan Analysis: S&P 500 Rally Echoes Dot-Com Bubble, Raises Concerns Over Market Concentration in 2024
JPMorgan’s quant strategists, led by Khuram Chaudhry, contend that the current S&P 500 rally shares notable parallels with the dot-com bubble, despite assertions of the […]
India’s Sugar Outlook for 2023-24: AISTA Forecasts 4% Dip in Production to 31.6 Million Tonnes
On Monday, the sugar trade body AISTA projected India’s sugar production for the 2023-24 season to be approximately 31.6 million tonnes, reflecting a 4% decrease […]
Finance Ministry’s January Economic Review: Projecting Robust 7% FY25 GDP Growth and Charting the Course to a $7 Trillion Economy
In its economic review for January, the Finance Ministry presents a positive outlook for India’s economic landscape. It anticipates that the real GDP growth for […]
iRobot Faces Setback as Amazon Cancels $1.4 Billion Acquisition, Triggering Major Restructuring and Workforce Reduction
Amazon has backed out of the $1.4 billion acquisition of iRobot, leading to significant repercussions for the vacuum maker. In response, iRobot has announced a […]
Indiabulls Housing Finance Announces ₹3693 Crore Rights Issue: Key Details and Schedule
Indiabulls Housing Finance Limited’s Securities Issuance and Investment Committee approved a rights issue of 24 crore fully paid-up equity shares, raising ₹3693 crore. The rights […]
Tesla Faces Downgrade from Brokerages Following Disappointing Q4 Earnings Report
• Tesla continues its trend of declining more than 13% following earnings reports, experiencing a 30% decrease in the past 6 months and a 25% […]