Ola Electric Q1 Net loss widens to Rs. 347 crores, Revenue increases by 32%
Ola Electric Mobility’s whose IPO was floated at price band between Rs.72 to Rs.76 per share saw flat listing but after the listing, prices rose sharply. The stock hit upper
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India’s weight on key MSCI equity index rises to record high
India’s weight on the MSCI Global Standard index has reached a record high, rising 19.2% to 19.8%. India has narrowed the gap with China on the key MSCI index. The
Hindenburg’s three key allegations against Sebi’s Madhabi Buch
New York based short seller, Hindenburg research is again in news but this time the market has not reacting the way it had reacting after the release of report in
Relief for homeowners: Govt allows flexibility in LTCG tax calculation
In the recent Union budget when the Modi government’s removed the indexation benefits on the sale of asset, the decision sparked outrage from the middle class as indexation has historically
Why Indian market crashed on Monday
Markets across the world were rallying irrationally, and it needed some news and time to spook the market and remove some froth and therefore bring valuation aligned to long-term values.
Adani Enterprises to demerge food FMCG biz, integrate it with Adani Wilmar
Ahmadabad based Flagship Company of billionaire Gautam Adani’s, Adani Enterprises reported a two-fold surge in net profit to Rs, 1,454 crores in Q1 2024-25, compared to Rs.674 crores in the
Fed Chair says Sep rate cut could be ‘on the table’ as inflation cools
In July meeting, the Federal Reserve (Fed) maintained its key interest rate at 5.25% to 5.5%, citing progress toward its 2% inflation objective. The Fed has stated that recent data
BSE M. Cap surges to an all-time high of $5.5 trillion; investor base touches 18.4 crore mark
It was time just 10 days before Lok Sabha elections when market capitalization of BSE listed companies hit 5 trillion. But after the results were declared and forming of government
Bandhan Bank shares rally over 13% after June quarter earnings
Bandhan Bank shares made gap up opening, breaking the falling channel line to the upside following the release of its quarterly results. The Nifty bank index is up more than
Proposed changes in LTCG, STCG and STT explained
In 2024 Union Budget, Finance Minister proposed changes in the capital gains taxation regime. Long term gains on all financial and non-financial assets will attract a tax rate 12.5%. The
