Market Updates - Angel One

On Saturday, Bajaj Finserv Ltd signed a Memorandum of Understanding (MoU) with the Government of Maharashtra, to develop Rs 5000 crore projects in Pune, one of the largest financial services investments in the country. The MoU was signed by Harshdeep Kamble, Industry Secretary, Government of Maharashtra and S Sreenivasan, Chief Financial Officer, Bajaj Finserv, in …

In the fourth quarter of FY23, India’s Gross Domestic Product (GDP) expanded by 6.1%, surpassing both analyst and Reserve Bank of India predictions. The growth was driven by increased government and private investments, although private consumption remained sluggish.  Despite the global economic slowdown, the Indian economy demonstrated a strong performance in the last quarter of …

Twitter is a popular social media platform that allows users to share and discover information through short messages called tweets. Musk initiated the acquisition of Twitter on April 14 2022 and completed it on October 27, 2022. Elon Musk bought Twitter for USD 44 billion. The deal was executed in cash.  Twitter went public in …

Dream11 is an online fantasy sports platform based in India that allows users to play fantasy cricket, football, basketball, baseball, kabaddi, and hockey. It was founded in 2008 by Harsh Jain and Bhavit Sheth and has gained significant popularity in the Indian market. Dream11 is the flagship brand of Dream Sports, India’s leading Sports Technology …

Company Overview  H.G. Infra Engineering Limited, is an Indian company that specializes in the construction and maintenance of road infrastructure. Their primary focus is on providing Engineering, Procurement and Construction (EPC) services, as well as undertaking contracts for the maintenance of roads, bridges, flyovers and other related infrastructure projects. With a significant presence in 11 …

Infosys has launched Infosys Topaz – an AI-first set of services, solutions and platforms using generative AI technologies. It helps amplify the potential of humans, enterprises and communities to tap into the next generation of opportunities to create value from unprecedented innovations, connected ecosystems and pervasive efficiencies. Infosys Topaz leverages Infosys applied AI framework to …

JSW Steel and JFE Steel, Japan have signed Memorandum of Understanding (MoU) to conduct a joint feasibility study to establish a cold rolled grain oriented electrical steel manufacturing joint venture in India.   The feasibility study has since been completed and both, JSW Steel and JFE Steel have in‐principle reached an agreement to establish a 50:50 …

On Tuesday, the shares of Tata Motors closed at Rs 528.50, 1.18% up from its previous closing of Rs 522.35 on the BSE.   Tata Motors has bagged a prestigious order for 50 Magna 13.5-metre buses from Vijayanand Travels. The state-of-the-art Magna buses, known for their superior design and advanced features, will be delivered to Vijayanand …

HDFC Bank is the largest private sector bank in India incorporated in August 1994 and was the first to obtain RBI approval to establish a bank in the private sector. Till date the company has 7821 branches across 3811 cities in India, serving over 83 million customers. HDFC Ltd, India’s first specialized mortgage firm was …

Persistent Systems recently inaugurated its first office in Poland to expand its nearshore capabilities in Europe. The office is situated in Kraków, this new office will be the latest addition to the company’s growing global delivery network. This delivery center will play a crucial role in driving digital transformation for clients across industries and provide …