U.S. Federal Reserve has reduced interest rates by 25 basis points (0.25%), bringing them down to a range of 4.25% to 4.50%. This marks a […]
Category: Stocks in News
Equity Mutual Fund Inflows in November 2024: ₹35,927 Crore, Down 14.1%; Large-Cap Funds Down 26.3%, Small-Cap Funds Up 9%, ETFs Fall by 89.5%
In November 2024, equity mutual fund inflows totaled ₹35,927.3 crore, reflecting a 14.1% decline compared to ₹41,865.4 crore in October, as per data from the […]
Indian Govt Approves ₹21,772 Crore Defence Acquisitions to Strengthen Preparedness
The government has approved five major defence acquisition projects worth ₹21,772 crore to enhance the country’s defence preparedness. The Defence Acquisition Council (DAC), chaired by […]
Super Micro Computer’s Special Committee Clears Management, Finds No Evidence of Fraud or Misconduct
Super Micro Computer, Inc. Update: Special Committee Review Findings 1. Background: Super Micro Computer formed an independent Special Committee to review concerns raised by Ernst […]
India Inc. Poised for Improved Profit Margins and Credit Metrics in H2 FY2025, Driven by Rural Demand and Government Spending
India Inc.’s operating profit margin (OPM) is expected to improve in the second half of the current financial year, driven by stronger rural demand, increased […]
Jefferies Report: India’s Central Government Set for 25% Surge in Capital Expenditure, Focused on Infrastructure and Long-Term Growth
According to a report by Jefferies, the Central government’s capital expenditure (capex) is expected to rise significantly by 25% in the second half of FY […]
Brokerages on India GDP: UBS 6.3%, Nomura 6%, MS 6.3%. RBI Cuts Likely Dec/Feb. Nuvama on Adani Ports, Nomura on Dixon Tech, MS on RBL, IndusInd Bank, Polycab, KEI, Titagarh Rail.
Brokerages on India’s Q2 GDP Growth Projections UBS Revised FY25 GDP growth projection to 6.3%. Believes achieving 6.5% growth will need strong monetary and fiscal […]
U.S. Finalizes $7.86 Billion Subsidy for Intel to Boost Domestic Semiconductor Production
The U.S. Commerce Department is finalizing a $7.86 billion government subsidy for Intel, down from the original $8.5 billion announced earlier this year. This reduction […]
Moody’s Affirms Ratings for Seven Adani Group Companies, Outlook Changed to Negative Amid Legal Challenges
Moody’s has affirmed the ratings of seven Adani Group companies but changed the outlook for all of them from stable to negative. These companies include […]
Adani Group Faces Global Setbacks Amid Bribery Allegations: $33B Market Hit, Scrapped Deals in Kenya, Sri Lanka, and Beyond
Gautam Adani’s global ambitions have taken a significant hit following U.S. federal prosecutors’ indictment of the billionaire, his nephew Sagar Adani, and associates in a […]
Fitch Places Adani Energy Solutions and Adani Electricity Mumbai Default Ratings on Negative Watch Due to Bribery Charges
Fitch Ratings has placed the ratings of Adani Energy Solutions Limited (AESL) and Adani Electricity Mumbai Limited (AEML) under a “Rating Watch Negative” (RWN) due […]
Adani Group Reports Record H1 FY25 Growth: Assets at Rs 5.53 Lakh Crore, EBITDA Up 17.1%
Adani Group achieved record results for the first half of fiscal year 2025, with total assets rising to 5.53 lakh crore rupees after investments of […]