On October 9, Adani Enterprises announced the start of their QIP, which aims to generate $500 million. Depending on investor demand, the corporation may use a green shoe option to raise extra money. Adani Enterprises shares dropped by 2% to close at
The Chairman emeritus of Tata Sons passed away late on October 9 at the age of 86. The renowned businessman and former Tata Sons chairman leaves a lasting legacy that will be felt by people for many years to come. Known for his business savvy, mod
With the launch of three new indices today—BSE Sensex Sixty 65:35, BSE Sensex Sixty, and BSE Power and Energy—by its subsidiary, Asia Index Pvt. Ltd., BSE shares enjoyed a massive five-day winning run that culminated in a lifetime high. Even afte
Governor Shaktikanta Das of the Reserve Bank of India (RBI) is anticipated to make the announcement on the central bank's policy rates as the three-day Monetary Policy Committee (MPC) meeting comes to an end today. The RBI has kept the repo rate at 6
Sensex dropped 260 points, Nifty below 23,500; biggest gainers were Trent, Hero Moto, and Bharti Airtel. Major Nifty gainers include Trent, Hero MotoCorp, ONGC, Tata Consumer, and Cipla; losers include Shriram Finance, Axis Bank, Bajaj Finser
The current crash in the share market: The Iran-Israel war and China's economic stimulus caused the Indian stock market to plunge sharply, with the Sensex falling 4,100 points in five days. Because of their withdrawal of ₹32,000 crores due to worri
In an interview, Goyal stated that firms are able to plan more strategically and are less constrained by VCs' weekly evaluations, which makes negotiating public markets simpler. Deepinder Goyal, the group CEO and founder of Zomato, stated in an inter
For the third straight day, Reliance Power's stock fell 5% as a result of profit-booking, after seeing a sharp 60% increase last month on the company's announcement that it was debt-free. In the past year, Reliance Power's stock has increased by 177%
JSW Steel and Hindalco Industries are vying for control of two copper mines located in Jharkhand. The auction is scheduled for October. The goal of Hindustan Copper is to decrease imports and increase copper production. While the other mine has been
According to Adani Wilmar, the Food & FMCG category had a 36% YoY revenue growth, driven by higher outlet penetration and recurring sales of our food items. Following the release of its business update for the September quarter, which showed d
The possible acquisition of HeidelbergCement India is anticipated to result in a substantial increase in Ambuja's production capacity from its present level of 89 million tonnes, as the Adani group company aims to reach 140 million tonnes by 2028.
On October 4, HDFC Bank's shares saw a little increase in value following the announcement that the bank's loans grew more slowly in the second quarter of its fiscal year. Gross advances, or loans approved and disbursed, for the Mumbai-based bank inc
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