Whirlpool Corporation, a global giant in home appliances, has recently unveiled its plans to divest up to 24% of its ownership interest in Whirlpool of India Limited, a move set to reshape its financial landscape. The decision, as outlined in the company’s official announcement on November 30, 2023, aims to enhance balance sheet flexibility by …
In a significant move within the cement industry, Kesoram Industries Limited has announced its decision to demerge its Cement Business, paving the way for an acquisition by UltraTech Cement Limited. The board of directors at UltraTech has given the green light to this transformative move, approving a Scheme of Arrangement that positions UltraTech to absorb …
The power sector of India is one of the most diversified in the world. It is the most critical component of infrastructure, crucial for the economic growth and welfare of nations. The fundamental principle of the sector is to provide universal access to affordable power in a sustainable way. The sources of power generation include …
Investing in the stock market can be a great way to grow your wealth, but it can also be intimidating and overwhelming, especially for beginners. One of the key considerations when investing in stocks is the price of the stock, as it determines the initial investment required to purchase a share. In India, there are …
On Monday, the benchmark indices were trading high with Sensex up around 135 points or 0.22% at 62,761 and the Nifty trading up by 42 points or 0.23% at 18,606. About 2,206 shares have advanced, 1,282 declined, and 161 are unchanged on the BSE. Top gainers and losers On BSE Sensex Index are as follows: …
World Television Day is celebrated on November 21st every year. The United Nations has set aside this day to honour the occasion of the inaugural World Television Forum in 1996. The objective of World Television Day is to emphasise the importance of television as a medium for communication, cultural exchange, information dissemination and entertainment. Television …
UltraTech Cement, an Indian cement giant, may require an introduction for some. Engaged in the manufacturing and sale of cement and related products primarily within the Indian market, it stands as a flagship company of the Aditya Birla Group. Today, the company’s shares reached a significant level of Rs 9000 apiece. At the start of …
About the company Hindustan Aeronautics Ltd (HAL) which is engaged in the business of defence manufacturing hit a 52-week high today at Rs 2,443.85. HAL was conferred with the ‘Navratna’ status by the Government of India in June 2007. It is engaged in the design, development, manufacture, repair, overhaul, upgrade and servicing of a wide …
India, with a population of 1.4 billion, is currently hosting the 13th edition of the Cricket World Cup after a 12-year gap. The last time we hosted the tournament, the nation witnessed an exhilarating victory when the Indian cricket team, led by M.S. Dhoni, secured the World Cup. That moment remains legendary in the Indian …
In today’s trading session, the Nifty50 initiated with a flat opening at 20,108.50, following a bullish trend from the previous day. However, the day witnessed a struggle between market bulls and bears, leading to a subdued overall sentiment. Despite a dip to 20,015.85, the Nifty managed to recover, closing positively at 20,133.15. Sector-wise, Nifty Healthcare …
