Indian automaker Mahindra & Mahindra has partnered with Singapore-based Temasek, a private equity firm, for its electric vehicle (EV) ambitions. Temasek will acquire up to 2.97% stake in Mahindra's EV subsidiary, Mahindra Electric Automobile Limi

India's retail investors are surging, with 3 million new demat accounts opened in July, up 50% from the previous year. Total demat accounts now stand at a record 123.5 million. Strong market performance, derivatives trading, and appealing IPOs are th

Adani's Ambuja Cements acquired a controlling stake in Sanghi Industries for $729 million, boosting its growth and cement market presence. The move accelerates Ambuja's production goals and signals Adani Group's strategic expansion. Internal funds se

On August 3, 2023, a total of 16 stocks are getting ready to trade ex-dividend. This is a crucial date for people who invest their money. The ex-dividend date is important for both current shareholders and potential new investors. It's the day when a

Twin Star Holdings, a significant owner of Vedanta Ltd, has sold 4.3% of its stake (160 million shares) for about ₹4,136 crore. The move aims to enable Vedanta's transition to cleaner energy and managing debt. This has reduced Twin Star Holdings' o

The July auto sales in India show a mixed performance across different segments. Two-wheelers and passenger vehicles face slow demand, but commercial vehicles and tractors experience strong double-digit growth. Companies are adjusting to changing con

In a move that was surprise, but not without warning, Fitch Ratings downgraded the credit rating of the US government by a notch from AAA to AA+. The reason for the credit rating downgrade is predicated on concerns over the impasse over the debt ceil

For the week commencing on 01st August 2023, there are a total of 7 new fund offerings (NFOs) available for investors. These funds range from a wide spectrum of active equity, passive equity, and closed ended funds. Here is a quick look at the 7 fund

On August 2, 2023, a total of 17 stocks are set to trade ex-dividend, which is an important date for people who invest money. The ex-dividend date is a key point for both current shareholders and those who might want to invest. It's the day when a co

The Adani Group plans to raise ₹150 billion in FY 2023-24 by entering India's bond market, seeking to regain investor trust after facing damaging allegations. Despite the setback, the conglomerate denies wrongdoing and successfully raised ₹12.5 b

DLF Ltd., a major real estate company, experienced market turbulence as its promoters executed a significant block deal, selling a 0.87% stake worth ₹1,086 crore. The deal involved offering 2.15 crore shares at a 3% discount to the previous day's c

Reliance Industries Ltd (RIL) and Brookfield Asset Management have signed an MoU to manufacture renewable energy equipment in Australia. The partnership aims to accelerate the nation's energy transition by supplying PV modules and battery storage, su