Recently, South Korean companies have shown a keen interest in the Indian stock market, which is gaining momentum as a hotspot for investment and growth opportunities. Following Hyundai’s decision to launch its IPO in India, another prominent South Korean company, LG Electronics, is reportedly considering a similar move. This growing trend raises the question: why ...
In recent developments, Zomato has transformed from just a food delivery service into a multi-faceted platform, now encompassing various services including quick commerce and B2B supply delivery through platforms like HyperShure. A noteworthy addition to its portfolio is the newly launched ticket booking business. While the impact of these services on Zomato’s profits and shareholder ...
Investing in Fixed Deposits: A New Era of Opportunities Traditionally, banks have offered fixed deposits (FD) for a maximum of 10 years. However, a significant change is on the horizon that could reshape the investment landscape. Suryauday Small Finance Bank is planning to extend the maximum term for fixed deposits to over 20 years. This ...
Are you planning to buy a new car this festive season but are on the lookout for discounts? You don’t need to worry! You can avail up to a 3% discount on a new car, provided you adhere to a condition set by Union Minister Nitin Gadkari. Major commercial and passenger vehicle manufacturers are offering ...
In recent developments, the Indian government has approved the implementation of the UPS (Uttar Pradesh State Pension Scheme) for central government employees. This initiative has led to a decline in the demand for the OPS (Old Pension Scheme), as many are now gravitating towards the newly introduced scheme. If you find yourself confused about the ...
One of India’s leading telecom companies, Airtel, led by Sunil Bharti Mittal, is set to discontinue one of its business ventures. Yes, you heard it right. Reports indicate that Bharti Airtel plans to exit the music segment and will be shutting down its Wink Music app. According to the information provided, the company intends to ...
The Securities and Exchange Board of India (SEBI) has imposed a two-year ban on Rana Sugars, along with its promoters and officials, from participating in the securities market. This decision follows a recent ban on industrialist Anil Ambani from the market as well. In addition to the ban, the board has levied a hefty penalty ...
In a notable development in the Indian stock market, TPG, a prominent asset management firm, recently executed a transaction to divest a 3% stake in Tata Technologies for a staggering ₹1,230 crore. This transaction occurred through open market dealings and underscores TPG’s strategic move to recalibrate its investment portfolio in the technology sector. Details of ...
The landscape of road construction companies in India is on the brink of transformation. With the upcoming fiscal year set to witness a significant shift in the growth trajectory of these firms, the national highway sector is brimming with opportunities, albeit amidst challenges. Current Financial Projections According to recent reports, especially from the rating agency ...
In recent years, India has been facing challenges in rice production and export. However, the current trends indicate a positive shift. The government imposed a ban on rice exports last year to maintain affordable prices domestically, due to a decline in production. This ban had significant repercussions in international markets, particularly in the United States ...