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On February 7, the BSE Telecommunication Index witnessed a 3 rise, fueled by strong performances from Bharti Hexacom and Bharti Airtel. Bharti Hexacom’s share price demonstrated an impressive rally, surging over 7 and trading 7.19 higher as of 1
Ken Enterprises' initial public offering (IPO) has received moderate investor interest over the three-day period. The IPO witnessed steady growth in demand, with subscription rates progressing from 2.01 times on day one, to 3.70 times on day two, and
Ratan Tata's recently unveiled will has garnered attention due to a significant bequest to Mohini Mohan Datta, a close associate outside the Tata family. According to a report by The Economic Times, Datta has been bequeathed over ₹500 crore in resi
The Securities and Exchange Board of India (SEBI) has imposed a penalty of ₹34 crore on Brightcom Group (BGL) and four other entities while also barring them from the securities market for periods ranging from one to five years. Suresh Kumar Red
On Friday, February 7, sectors sensitive to interest rate changes exhibited varied reactions following the Reserve Bank of India’s (RBI) decision to reduce the repo rate by 25 basis points, bringing it down from 6.5 to 6.25. This marked the first
The Reserve Bank of India (RBI) announced a 25-basis-point reduction in the repo rate on February 7, bringing it down to 6.25. This move is anticipated to stimulate sectors such as automobiles, real estate, and consumer durables, which have been gra
In what appears to be the start of a major crackdown on unauthorized investment advisories operating under the guise of educational institutions, the market regulator SEBI has seized ₹53.67 crore in earnings from the well-known stock market trainin
Gold prices in India remain unchanged today, February 7, 2025, following a record surge in the previous session. At present, 22K gold is valued at ₹7,930 per gram, while the price of 24K gold stands at ₹8,651 per gram. The rates observed yesterda
The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) has decided to adjust the repo rate for the first time in two years, reducing it by 25 basis points—from 6.5 to 6.25. RBI Governor Sanjay Malhotra made this announcement on Fr
Zomato, the leading food tech company, has officially rebranded itself as Eternal, following approval from its board, according to a stock exchange filing on February 6. Explaining the change, Deepinder Goyal, Zomato's group CEO and co-founder, st
The Nippon India Active Momentum Fund - Direct (G) is designed to achieve long-term capital appreciation by investing in a diversified portfolio of equity and equity-related instruments. The fund employs a quantitative model to identify investment op
The Union Gold ETF Fund of Fund - Direct Plan is an open-ended mutual fund scheme designed to provide investors with long-term capital appreciation by primarily investing in units of the Union Gold Exchange Traded Fund (ETF). This fund offers a conve
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