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5paisa Capital Limited announced the appointment of Gaurav Seth as Chief Executive Officer, effective January 14, 2025. With a rich career spanning over two decades, Gaurav brings extensive experience building businesses at the intersection of financ
On January 17, Maruti Suzuki India unveiled its first electric vehicle, the eVITARA, which the company plans to export to more than 100 countries. Suzuki Motor Corporation, holding a 58% stake in Maruti Suzuki India, aims to establish India as a glob
Axis Bank Ltd., a private lender, experienced a rise in slippages and sluggish deposit growth in the October-December 2024 quarter, prompting several brokerages to revise their target prices downward for the bank’s stock. During the third quarte
Hong Kong-based brokerage firm CLSA has included Indus Towers Ltd., a telecom infrastructure provider, in its 'high conviction' list, signaling heightened optimism toward the stock. The firm has upgraded Indus Towers to a 'high conviction' outperform
Brokerages remain optimistic about Infosys, driven by its strong performance in the October-December quarter, which outperformed expectations despite being a typically weak period. In addition to surpassing earnings forecasts, Infosys raised its FY25
Benchmark indices Nifty and Sensex opened on a weaker note on January 16, putting an end to their three-day winning streak as global cues turned unfavorable. Investor sentiment had improved recently due to lower-than-expected US inflation data for De
The Securities and Exchange Board of India (SEBI) has barred Pacheli Industrial Finance Ltd (PIFL) and six other entities from participating in the securities market until further notice. According to PIFL's annual report, the company provides consul
In an exchange filing, Bharat Dynamics announced that it had signed a ₹2,960 crore contract with the Ministry of Defence for the supply of Medium-Range Surface-to-Air Missiles (MRSAM) to the Indian Navy. The agreement was finalized in New Delhi in
Shares of Rail Vikas Nigam Ltd (RVNL) saw a significant jump of over 5% in early trading on January 16 after the company revealed it had received a Letter of Acceptance (LoA) from Bharat Sanchar Nigam Ltd (BSNL). This development marks a major milest
An open-ended equity plan based on innovation themes will be the Motilal Oswal Innovation Opportunities Fund – Direct (G). By investing primarily in equities and equity-related instruments of businesses that will profit from the adoption of creativ
Shares of Adani Group companies saw a significant rally on Thursday, with most stocks gaining over 5%, following the announcement that Hindenburg Research, the firm behind the $100 billion sell-off of Adani shares, is shutting down operations. Not
Shares of Azad Engineering surged by as much as 9.5% to ₹1,733 during morning trading on January 16, following the announcement of a long-term supply agreement with the US-based GE Vernova International. The agreement involves the delivery of compl
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