Renowned Indian jewelry brand Kalyan Jewellers is once again in the spotlight. The reason behind this buzz is the recent announcement from the company itself, revealing that its shareholder, Heidel Investment, is set to sell its stake worth ₹1,300 crores. This stake will be acquired by the promoter company, T.S. Kalyanaraman. Understanding the Situation Heidel ...
India is gradually surpassing China on multiple fronts. With foreign companies establishing their production plants in India, new developments indicate that India has overtaken China as the world’s largest importer of Russian oil as of July. This shift in trade dynamics arose because Chinese refiners were purchasing less fuel due to diminished profit margins in ...
Introduction Kirana stores have long been the backbone of India’s retail economy, thriving at every corner of the country. However, as technology continues to infiltrate every aspect of our lives, significant transformations are occurring within the realms of e-commerce and quick commerce. Known as on-demand delivery, quick commerce promises to deliver products to customers within ...
In the past year, railway stocks have made a remarkable comeback, generating substantial returns for investors. However, this upward momentum faced a pause in recent trading sessions. Fortunately, signs indicate that this pause is coming to an end. Today, shares of IRDA in the railway sector experienced an impressive increase of 8%, climbing by 20 ...
Gautam Adani, Asia’s second richest person, and his family have a net worth exceeding $105 billion. With such immense wealth, questions arise regarding how this fortune is managed and where exactly the investments are allocated. However, public knowledge on this subject has been relatively scant. In light of recent pressures, the Adani family is set ...
The Indian economy is currently facing significant challenges, as recent reports indicate a downturn in growth estimates. According to the domestic rating agency ICRA, the nation’s growth rate is expected to be only 6 percent in the April-June quarter, marking the lowest level in the past six quarters. This decline can be attributed to several ...
OLA Electric, the brainchild of Bhavish Aggarwal, has seen a significant slowdown in its stock momentum recently. After hitting a peak of ₹157 on August 19, the stock has now dropped to around ₹131. In response to these fluctuations, Aggarwal announced a comprehensive plan aimed at increasing production, streamlining the supply chain, and optimizing domestic ...
When a boss assigns a target with a fixed timeline, it creates a significant amount of pressure to deliver results. This scenario is not limited to the private sector; it also applies to government ministries where officials work based on directives from their ministers. Recently, Finance Minister Nirmala Sitharaman set a challenging target for her ...
Dabur India, a well-known name in the consumer goods sector, is set to make a significant investment in South India. With a plan to establish a new manufacturing plant in Tamil Nadu’s Villupuram district, Dabur will invest ₹400 crore, aiming to boost its operations and employment opportunities in the region. This initiative represents Dabur’s first ...
The landscape of television in India is on the brink of a significant transformation as Reliance Industries and Disney prepare for what is viewed as the largest deal in this sector’s history. Expected to be valued at around ₹71,000 crores, this deal is currently facing scrutiny and potential roadblocks from the Competition Commission of India ...