Introduction In today’s world, the quest for passive income has gained significant momentum. Individuals are increasingly turning to passive funds as a viable investment option. This trend has led to a remarkable surge in investment within these funds, with a staggering 182% increase in investor participation over the past three years, bringing the total investment ...
The long-standing merger dispute between Zee Entertainment Enterprises (ZEEL) and Sony Pictures Networks India has finally been resolved. This resolution has resulted in a significant surge in ZEEL’s stock prices, which crossed the 150-rupee mark during the trading session. Analysts noted that this marked one of the most substantial increases in ZEEL’s share price in ...
Since Apple has shifted its focus towards India, the country’s engagement with the tech giant has raised concerns in China. As the world’s largest mobile company undertakes significant expansions in India, it has been reported that Apple plans to create a staggering 600,000 jobs in the current fiscal year. This development supports previous claims that ...
On Thursday, August 29, Reliance Industries is set to hold its 47th Annual General Meeting (AGM), a highly anticipated event for investors and stakeholders alike. Following a lavish family wedding just a month prior, the Ambani family, Asia’s wealthiest, will reunite this time for a significant business occasion. The meeting will commence at 2 PM, ...
Hindustan Unilever Limited (HUL), one of India’s leading FMCG companies, has recently faced a significant setback. The Income Tax Department has served HUL with a tax notice for a staggering ₹962.75 crores, which includes ₹329.3 crores in interest. This development raises questions about the circumstances leading to this hefty tax demand. Let’s delve deeper into ...
Have you noticed the sudden surge in discussions surrounding India’s luxury real estate market? The rampant sales, increased earnings among high-net-worth individuals (HNWIs), and the keen interest of Non-Resident Indians (NRIs) in premium properties have contributed to this market boom. Despite soaring home prices, 3 and 4 BHK apartments have become the most sought-after options ...
Introduction The IT sector in India has traditionally been regarded as a massive engine for job creation, with top companies like TCS, Wipro, HCL, and Infosys actively recruiting fresh graduates from engineering colleges. However, recent developments involving Infosys have raised significant concerns about the ability of such giants to fulfill their recruitment promises, particularly in ...
Introduction The recent coup in Bangladesh has sent shockwaves not only throughout the country but also across borders to India. The impacts are particularly profound for Gautam Adani, one of India’s wealthiest industrialists, who stands to suffer substantial losses. While Adani’s businesses are among the most affected, he is not alone; four other Indian companies ...
Elon Musk, renowned as the world’s richest person, consistently achieves remarkable feats in the realm of technology and space. On Wednesday, his company SpaceX is set to launch the world’s first commercial spacewalk, dubbed ‘Mission Polaris Dawn,’ which will take a crew of four individuals into outer space. Among the ‘space tourists’ is a notable ...
The Securities and Exchange Board of India (SEBI), the market regulator, has issued a show-cause notice to Paytm’s founder, Vijay Shekhar Sharma. This notice questions the classification of Sharma as a ‘non-promoter’ during Paytm’s IPO (Initial Public Offering) launch, which SEBI alleges was a misclassification. However, the crux of the matter transcends the IPO classification; ...