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22nd Nov 2024
The Axis Momentum Fund – Direct (G) is designed to offer investors an opportunity to achieve longterm capital appreciation by investing in a diversified portfolio of equity and equityrelated instruments. The fund actively identifies companies that
The Life Insurance Corporation of India (LIC) has increased its stake in LTIMindtree, boosting its holding to 2,08,34,009 equity shares, up from 1,49,06,665 shares. This move raises LIC’s ownership in the company to 7.034% of its paid-up capital, c
Tata Power and the Asian Development Bank (ADB) have signed an MoU (memorandum of understanding) to finance clean energy projects in India, totaling an estimated $4.25 billion. The collaboration focuses on supporting renewable energy projects and str
Shares of Protean eGov Technologies took a notable hit in the morning session on November 22, plunging by as much as 9%. This drop followed the National Stock Exchange (NSE) announcing plans to sell part of its stake in the company. Invest in I
The National Stock Exchange of India (NSE) and the Bombay Stock Exchange (BSE) have introduced significant changes to their index derivatives framework. These updates focus on increasing the lot sizes for index futures and options (F&O) contracts
Adani Group stocks continued to tumble on Friday, November 22, exacerbating the losses seen the previous day following bribery charges filed in a U.S. court against Gautam Adani by federal prosecutors. Invest in Indian Markets and Unlock Future
21st Nov 2024
The recent charges brought by US prosecutors against Gautam Adani, accusing him of involvement in a $250 million bribery scheme, have sent shockwaves through financial markets. The fallout has adversely impacted Adani Group stocks, banking shares, an
Mukesh Ambani-led Reliance Industries Ltd (RIL) and Walt Disney Company have successfully concluded their $8.5 billion merger deal, marking a transformative moment for India’s media and entertainment sector. The joint venture (JV), valued at ₹70,
The Life Insurance Corporation of India (LIC), the largest domestic institutional investor in the country, witnessed a significant decline in the value of its holdings in seven Adani Group companies. On Thursday, November 21, the total drop amounted
Wipro, a global leader in technology services and consulting, has teamed up with Lineaje to boost security for open-source components in enterprise software. To back this collaboration, Wipro Ventures—the company’s investment arm—has also made
Adani Group stocks experienced a sharp crash on Thursday, plummeting by up to 20% in the aftermath of charges filed in the United States against the group’s founder, Gautam Adani, and seven others. The charges, which allege a $250 million
Two of India’s energy giants, ONGC and NTPC, are joining forces to tap into renewable energy opportunities, both within India and internationally. Their green energy subsidiaries have partnered to explore fresh projects and evaluate acquisitions, c