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Shares of Paytm, operated by One97 Communications, rallied on November 28, 2024, as the stock soared 2.73% to hit a fresh 52-week high of ₹949.20 on NSE. The surge followed an update from UBS, a global financial services firm, which raised its targ
Ola Electric Mobility’s stock is on fire! Shares jumped 6% on November 28, continuing a five-day winning streak. What’s fueling this rally? It’s the excitement around Ola’s latest, wallet-friendly electric scooters — the S1 Z and Gig series
Godrej Properties, one of India’s leading real estate developers, has raised the size of its Qualified Institutional Placement (QIP) issue to ₹6,000 crore from the earlier announced ₹4,000 crore. The company had announced earlier its QIP to rai
Adani Group shares continued their winning streak, jumping up to 15% for the second day in a row after Adani Green issued a clarification yesterday refuting bribery charges against Gautam Adani and other top officials. Invest in India
Shares of Life Insurance Corporation of India (LIC) rose approximately 3% to ₹952.50 on November 28, following reports that suggested the state-owned insurer is considering acquiring a substantial stake in ManipalCigna Health Insurance. This potent
State-owned Bharat Petroleum Corporation Limited (BPCL) is planning to roll out its first sustainable aviation fuel (SAF) facility by 2027. This aligns with the government’s anticipated SAF blending mandate, according to someone familiar with the m
Vodafone Idea shares jumped 6% on November 27, hitting ₹7.92, and marking a solid three-day rally of 17.5%. What’s behind the surge? Reports suggest the Union Cabinet may approve waivers on bank guarantees (BGs) for spectrum bought before 2022. I
The SBI Quant Fund - Direct (G) is an equity-focused fund that offers a well-structured investment solution. By leveraging a proprietary quantitative model, the fund integrates both fundamental and technical factors to construct a dynamic and balance
The Securities and Exchange Board of India (SEBI) announced on Tuesday the introduction of new valuation guidelines for repurchase (repo) transactions carried out by mutual funds. Under these changes, securities involved in such transactions will now
On November 27, Adani Green Energy Limited (AGEL) released an explanation, denying recent media reports that directors Vneet Jaain, Sagar Adani, and Gautam Adani—the group's billionaire founder—were being charged with bribery and corruption under
The market regulator, SEBI, has rolled back some of the restrictions it had placed on Axis Capital (ACL) in an earlier order. Here’s what’s changed: Back in September 2024, SEBI had barred Axis Capital from working as an investment banker in t
The government has unveiled PAN 2.0, a new upgrade to the existing Permanent Account Number (PAN) system. Aimed at modernizing taxpayer services and aligning with the Digital India initiative, this revamped system promises a seamless, secure, and eco
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