Search Results for: retail investors

Boosting Innovation: 100X.VC Fund invests $2.7 million in 17 Startups

Investment firm 100X.VC has invested $2.7 million into 17 Indian startups. The startups span diverse sectors and are located in various Indian cities.

Jun 1, 2024

Adani Group back on expansion spree, eyes $90 billion capex: Jefferies

Despite a short-seller report in late FY23 affecting its market capitalization, the Adani Group achieved a significant 40% year-over-year EBITDA growth in FY24, according to a Jefferies report.

May 31, 2024

NSE unveils New Age Automotive Index, includes India's 1st Electric Vehicle Index

The EV Index aims to track the performance of companies which form a part of the EV ecosystem or are involved in the development of new age automotive vehicles or related technology.

May 31, 2024

Hero Fincorp approves Rs 4,000 crore IPO; shares valued at Rs 10 each

India's largest two-wheeler manufacturing company Hero MotoCorp's financial arm Hero Fincorp approved a Rs 4,000 crore Initial Public Offering (IPO) of equity shares with a face value of Rs 10 each.

May 30, 2024

Sensex falls 667 points on mixed domestic and global cues, Nifty drops to 22,704

The Sensex was down 667 points or 0.89 per cent at 74,502, while the Nifty closed at 22,704, down 183 points or 0.80 per cent.

May 30, 2024

Sensex sheds 220 points amid profit booking; midcap, smallcap stocks hit

Sensex sheds 220 points amid profit booking midcap, smallcap stocks hit

May 29, 2024

Global firms must tap local display manufacturing opportunities in India: Industry leaders

India is set for a significant leap in local manufacturing of displays which presents a golden opportunity for global companies seeking to diversify their display supply chains beyond certain geographies.

May 28, 2024

Adani Enterprises on aggressive expansion plan, seeks to raise Rs 16,600 crore soon

Adani Enterprises Ltd (AEL) on Tuesday announced to raise Rs 16,600 crore via qualified institutional placement (QIP) or other permissible mode in one or more tranches and in accordance with the applicable laws, as it aims to aggressively expand its businesses.

May 28, 2024

Karnataka's Deputy Chief Minister DK Shivakumar

Google prefers Tamil Nadu over Karnataka, decides to shift Pixel manufacturing plant

Google's choice to set up its manufacturing plant in neighbouring Tamil Nadu has led to war of words between Congress and BJP in Karnataka

May 24, 2024

Gold price reaches Rs 74,000 amid global market shifts [details]

As of April 30, 2024, physical gold has delivered a CAGR of 19.42 per cent in the 12 -month period and absolute returns of 6.78 per cent (1-month period) during April.

May 21, 2024

Stock markets to boom after June 4, says Amit Shah; Mamata Banerjee slams remarks

The ongoing Lok Sabha elections, deemed the world's largest democratic exercise, commenced last month, with results slated for June 4. A relatively low voter turnout has garnered attention from observers.

May 18, 2024

crude oil, UAE-based Indian national sanctioned by US for smuggling Iranian oil.

Oil Companies benefit as Centre cuts windfall tax on crude, will it trickle down to consumer?

The Central government has cut the windfall tax on petroleum crude to 5,700 rupees ($68.34) per metric ton from 8,400 rupees with effect from Thursday, as part of its fortnightly revision that is calibrated with global prices.

May 16, 2024

What is Expense Ratio and What Should It Be For Mutual Funds?

The expense ratio in mutual funds is a critical metric that directly affects the returns from mutual fund investments.

May 14, 2024

Sensex opens on positive note today, up by 110 points

The Indian stock indices are up on Tuesday, following the positive trend in the broader market.