The Tata Group is investing big in the EV industry – a whopping $5 billion for an electric vehicle battery plant in the UK! Get ready to see some major changes in the automotive space.
Prime Minister Rishi Sunak’s government to secure Tata Group’s investment for the electric vehicle battery plant in Britain were not publicly disclosed. The government declined to give the exact amount of financial support, and reports suggested that the subsidies provided to Tata Group were worth hundreds of millions of pounds. It is not uncommon for […]
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The stock market is on fire! Sensex closes above 67,000 and Nifty gains as the dream rally continues. Invest wisely and ride the wave to financial success!
Benchmark stock market indices ended higher on Wednesday, extending their strong run on Dalal Street for the fifth consecutive session. The NSE Nifty 50 and the S&P BSE Sensex both finished with gains of 0.42 and 0.45 percent respectively. This marked the first time ever that the Sensex had closed above the 67,000 mark. Some […]
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The Government is likely to delay the share sale of Hindustan Zinc, according to a report! Let’s see how this will affect the market.
The government of India is expected to postpone its plans to sell its stake in Hindustan Zinc. This decision comes as merchant bankers have advised against proceeding with the sale at the moment. The reason cited is that institutional investors are currently not enthusiastic about investing in the metals sector. Hindustan Zinc is a major […]
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After hours, These stocks are making some serious moves! Keep an eye on CSX, PPG Industries, Knight-Swift Transportation and more to see where the market takes us next.
the recent earnings reports and stock performance of several companies. Here are the key points for each company:
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The wait is finally over! Yatharth Hospital IPO is all set to open on July 26 with a price band of ₹285-300. Get ready to invest in the future of healthcare!
Yatharth Hospital & Trauma Care Ltd has set a price band of Rs 285-300 per share for its initial share sale, which will open for public subscription on July 26, according to market sources. The public issue will conclude on July 28 and the bidding for anchor investors will open on July 25, according to the […]
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Another day, another record high on Dalal Street! The Nifty is almost at 20,000 thanks to the unstoppable bullS.
Sensex, Nifty Scale Fresh Record Highs â Unabated Foreign Capital Inflows Lift Market Mood Indian equity benchmark indices, the Sensex and the Nifty, touched fresh record highs on Thursday, as foreign funds flowed into the market. The Nifty surpassed the 19,900 mark for the first time after surging by 0.80% in intraday trade to reach […]
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The news about HUL’s Q1 profit and volume growth has disappointed the street.
FMCG major Hindustan Unilever delivered a lower-than-expected 8% growth in net profit for the first quarter at ₹2,472 crore, compared with ₹2,289 crore a year ago. Its sales grew 7% to ₹14,931 crore, compared to ₹14,016 crore a year earlier. The homecare-to-foods major reported year-on-year sales volume growth at a modest 3% for the April-June […]
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Breaking news: Infosys has slashed its FY24 growth guidance by more than half as clients defer decisions and starting dates. This is a major shift in the IT sector, with potential implications for many businesses.
India’s technology services sector has officially hit the slow lane with Infosys cutting its revenue guidance for the financial year by more than half. The company said on Thursday that it expects to grow its revenues between 1%-3.5% in FY24 against 4-7%. The company retain margins between 20%-22% through FY24.Explaining the rationale behind the guidance cut, Salil Parekh, […]
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