Recently, the Insurance Regulatory and Development Authority of India (IRDAI) changed a number of regulations to improve policyholders’ experiences, smoother claims processes, and ensure broader coverage. These changes are set to benefit a big chunk of policyholders, with specific improvements affecting health insurance claims, waiting periods for pre-existing conditions, and coverage for alternative treatments. In …
In a significant development, Tips Industries Limited (Tips) has reached a settlement with Xtelify Ltd. (formerly known as Wynk Ltd.) regarding the usage of Tips’ repertoire. This blog post will delve into the specifics of this settlement, its terms, and the implications for Tips Industries Limited. Background of the Dispute The dispute between Tips and …
On Monday, the benchmark indices closed the trading session positively, with the Sensex gaining 0.17% to reach 77,341.08, and the Nifty rising 0.16% to close at 23,537.85. Among sectors, Nifty Auto, Nifty FMCG, and Nifty Financial Services saw notable gains, whereas Nifty Media, Nifty PSU Bank, and Nifty Metal faced declines. Top gainers included M&M, …
During Monday’s trading sessions, these three equities gained significantly with price and volume activity, indicating potential bullish action. Here’s an in-depth look. Udayshivakumar Infra Ltd Udayshivakumar Infra Ltd experienced a significant surge today, hitting a new 52-week high of Rs 81.99 and closing slightly lower at Rs 81.13. The stock saw a remarkable volume of …
The benchmark index S&P BSE 500 opened today at 35,010.04 and made its day high at 35148.87, and it is trading flat today, up by around 0.05%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 5% today. Maharashtra Scooters Ltd Shares of …
Domestic indices, after starting the trading session much lower, managed to trim some losses thanks to strong gains in the capital goods, auto, and power sectors. Mixed investor sentiment was observed in the broader markets. At 10:35 am, the BSE Sensex fell 0.13% reaching a level of 77,106. The Nifty 50 index declined 0.19% to …
On Monday, the benchmark indices were trading in the red with the Sensex down around 194 points or 0.25% at 77,016, while the Nifty-50 was down around 77 points or 0.33% at 23,424. About 1,507 shares have advanced; 1,757 declined and 142 are unchanged on the BSE. Top gainers and losers on the BSE Sensex …
Ujjivan Small Finance Bank Limited is an Indian SFB based in Bengaluru licensed under Section 22 (1) of the Banking Regulation Act, 1949. The company unveiled its financial performance for Q4FY24, showcasing resilience and growth despite ongoing economic challenges. However, the expected loan growth was around 25%. Therefore, due to stress building in some pockets …
Unitech Limited, one of the top 2000 public companies according to Forbes Global 2000, is an Indian real estate investment company. The company was founded by 5 partners Ramesh Chandra, Dr. S. P. Shrivastava, Dr. P K Mohanti, Dr. Ramesh Kapur, and Dr. Bahri. Sanjay Chandra was the former Managing Director of Unitech Ltd and …
Birla Estates creates premium residential housing in major markets. The company employs a dual approach to land acquisition, involving both outright purchases and asset-light joint ventures, in addition to developing its own land parcels. Looking to the future, Birla Estates aims to establish itself as a leader in the development of world-class residential, commercial, and …
