Terrific Thursday for Bulls Thursday is turning out to be a terrific session for the bulls on D-Street. The NSE benchmark Nifty 50 index has hit a fresh all-time high, surpassing the 22,800 mark for the first time ever. Meanwhile, the BSE Sensex is trading above the 75k mark, with the Nifty near the 22,850 …
Tech Mahindra, The Indian Multinational Information Technology services and consulting company has partnered with Fuji Television which has maintained its status as an innovative leader in Japan’s Television industry since its establishment. Both companies will partner to produce content globally. How Will Tech Mahindra Assist Fuji TV? Tech Mahindra in a statement has mentioned that …
PNC Infratech is a well-known infrastructure company, specializing in various projects such as highways, airport runways, bridges, and power transmission ventures. The company offers end-to-end infrastructure solutions, including EPC services on a fixed-sum turnkey basis. PNC Infratech Wins Bid for Maharashtra Road Projects PNC Infratech has secured the position of the lowest bidder (L1) for …
ITC announced its Q4 FY24 results today, the company’s revenue surged by 1.1% to reach Rs.16,579 crore, reflecting a growth trajectory. However, net profit witnessed a marginal decline of 1.3% to Rs.5,020 crore, because of flattened cigarette sales. Similarly, EBITDA figures also exhibited a slight reduction, down by 0.8% to Rs 6,162 crore along with …
On May 23, 2024, Saregama, an RPSG Group company, announced its results for the quarter (Q4 FY2024) and year (FY2024) ended March 31, 2024. Quarterly Performance Operating Revenue for the company in Q4 FY24 was ₹2,631 million, expanding at a rate of 29% YoY and QoQ. The adjusted EBITDA of ₹864 million showed a 40% …
The Indian stock market witnessed a historic moment as the NSE benchmark Nifty 50 index soared past the 22,800 mark for the first time ever. This remarkable achievement was driven primarily by strong performances in the banking sector, with the Bank Nifty index surging nearly 1.5%, hovering close to the 48,500 mark. However, amidst this …
On May 23, 2024, prominent airline company SpiceJet announced in a stock exchange filing that it will upgrade its daily Delhi-Bangkok flight to a wide-body Airbus A340, replacing the narrow-body Boeing 737. This upgrade will expand the seating capacity to 324 passengers per flight on the route, catering to the high demand during the holiday …
On May 23, 2024, Delhivery Limited informed the stock exchanges that the company had partnered with SUGAR Cosmetics for Pan-India B2B shipments. Delhivery, India’s largest integrated logistics service provider, will drive the pan-India end-to-end B2B operations for the prominent beauty brand SUGAR Cosmetics, further strengthening their relationship. Delhivery has been a long-standing partner for SUGAR …
Most Profitable Companies in India for FY24 Reliance Industries Limited (RIL) has emerged as the most profitable company in India for the financial year 2023-24, with a net profit of Rs 79,020 crore. This remarkable performance solidifies its position at the top of the corporate profitability rankings in India. Following closely is HDFC Bank Limited, …
Adani Enterprises Limited (AEL) is an Indian multinational publicly-listed holding company and a part of Adani Group. It is headquartered in Ahmedabad, The flagship company is expected to replace Wipro Ltd. in the benchmark index Sensex 30 in the semi-annual rebalancing exercise of the BSE indices. What is Index Rebalancing? Index rebalancing involves an initial …
