CEAT Ltd, a prominent Indian tyre manufacturer, witnessed a significant stock price surge of 12.10%, hitting an all-time high of ₹3,466.40 per share on the BSE. The jump followed the announcement of CEAT’s acquisition of Michelin’s Camso off-highway tyres (OHT) and tracks business, marking a strategic milestone for the company. Key Highlights of the Acquisition … Read more
Tulsi Kumar, renowned playback singer and a member of the Kumar family behind T-Series, holds the title of the richest female singer in India with an impressive net worth of ₹210 crore. Her Background Tulsi Kumar, daughter of the late Gulshan Kumar—the founder of T-Series, grew up in an environment deeply embedded in music and … Read more
RBI’s Interest Rate Decision In its latest monetary policy review, the Reserve Bank of India (RBI) decided to maintain the benchmark interest rate at 6.50% for the eleventh consecutive time. This decision underscores the RBI’s cautious approach amidst rising inflationary pressures and slowing economic growth. RBI Governor Shaktikanta Das reiterated the central bank’s commitment to … Read more
The State Bank of India (SBI) has announced vacancies for Junior Associates (Customer Support and Sales) for Ladakh Union Territory, including Leh and Kargil Valley (Chandigarh Circle). Interested candidates can apply online at the official SBI website. Important Dates Online Registration Begins: December 7, 2024 Registration Ends: December 27, 2024 Fee Payment Deadline: December 27, … Read more
Vishal Mega Mart, a leading supermart brand catering to middle and lower-middle-income consumers, is all set to launch its highly anticipated ₹8,000 crore Initial Public Offering (IPO) on December 11, 2024. The IPO, which comprises an Offer For Sale (OFS) by the promoter Samayat Services LLP, presents an excellent opportunity for investors. Key Details of … Read more
The Nisus Financial Services IPO, valued at ₹114.24 crore, is in its second day and continues to draw significant interest. Here are the key highlights, including grey market premium (GMP), subscription status, and other critical details. Key Highlights of Nisus Financial Services IPO 1. IPO Details Size: ₹114.24 crore Price Band: ₹180-₹190 per share Lot … Read more
The HEG share price rose by over 6% during Thursday’s trading session, touching a 52-week high of ₹619.25, driven by news of a ₹172 crore block deal. The stock opened at ₹589.90 on the BSE and fluctuated between an intraday high of ₹619.25 and a low of ₹573.80. Key Highlights 1. Block Deal Sparks Rally … Read more
The Reserve Bank of India (RBI) is expected to keep interest rates unchanged at 6.5% during the monetary policy meeting on Friday. However, traders and economists are closely watching for liquidity-boosting measures, especially after a surprising slowdown in economic growth. Key Highlights 1. Interest Rate Decision The Reserve Bank of India (RBI) is widely expected … Read more
Vodafone PLC has completed its exit from Indus Towers, selling its remaining stake in a block deal worth approximately ₹2,800 crore. The sale marks the telecom giant’s strategic move to streamline its global operations and optimize its asset portfolio. Key Details of Vodafone’s Exit from Indus Towers 1. Transaction Size Vodafone PLC sold its remaining … Read more
Central Depository Services Limited (CDSL) has delivered strong earnings in Q2 FY25, reflecting its robust business model and growth potential. While the stock valuation appears stretched, there are multiple factors that could continue driving the stock upward. Key Highlights from Q2 FY25 Performance 1. Solid Earnings Performance in Q2 FY25 CDSL showcased a robust financial … Read more
