Fear Gauge Hits Record Low as Investors Anticipate Stable Election Outcome Indian equity markets are currently experiencing a period of low volatility, with the India VIX, a key measure of market risk expectations, plunging to a record low on Tuesday. This 20% tumble reflects investor confidence in the ruling party retaining power and a recent …
On April 25, 2024, Brigade Group, through an exchange filing, announced that it had signed a management agreement with IHG Hotels & Resorts, a global hospitality company to debut the InterContinental brand in Telangana − InterContinental Hyderabad Neopolis. InterContinental Hyderabad Neopolis is likely to open in 2029, and this newly constructed hotel is expected to …
On April 25, 2024, Easy Trip Planners Limited informed the stock exchanges that the company’s flagship brand, EaseMyTrip, partnered with Adani Digital Labs to offer exclusive duty-free shopping benefits. Details of the Partnership One of the leading travel tech platforms in India, EaseMyTrip.com, has entered into a strategic partnership with Adani Digital Labs (ADL) to …
It’s a wild day in the Indian stock market on the eve of April Futures & Options (F&O) series expiry, with major indices swinging up and down. But amidst this turbulence, there’s one sector standing tall—Nifty Pharma. The pharma index has edged up by 0.42%, and one stock that’s caught everyone’s attention is Divis Laboratories …
Indus Towers is one of the largest telecom tower companies in the world, with over 185,000 towers across India. It was founded in 2007 as a joint venture between Bharti Airtel, Vodafone, and Idea Cellular. Negotiations were reportedly underway for Bharti Airtel, India’s second-largest telecom operator, to acquire the 21.05% equity stake held by UK-based …
On April 24, 2024, Syngene International Limited announced its full-year and fourth-quarter results of FY 2024. The company’s revenue from operations was up by 9%, and the Profit After Tax (PAT) was up by 12% in FY 2024. In FY 2024, Syngene International Limited’s revenue from operations was ₹3,489 crore, which grew by 9% compared …
Reliance Industries Ltd (RIL), India’s largest company by market capitalization, reported a 7.3% increase in consolidated net profit at Rs.79,020 crore for the financial year 2023-24. The company’s gross revenue surpassed the Rs.10 lakh crore mark during the same period. The conglomerate’s two emerging businesses, Reliance Retail Ventures Ltd (RRVL) and Jio Platforms Ltd (JPL), …
Shyam Metalics and Energy Ltd, a leading force in India’s metals manufacturing industry, has unveiled a groundbreaking new product: the SEL Tiger Foil. This innovative aluminium foil reflects the company’s commitment to food safety and environmental responsibility. Driven by a deep understanding of consumer needs and a projected 7.4% Compound Annual Growth Rate (CAGR) for …
On April 24, 2024, MAS Financial Services released its financial results for the financial year 2024. The company reported a robust financial performance, where the consolidated AUM of MAS Financial Services crossed ₹10,700 crore in Q4 2024 and reported Profit After Tax (PAT) of more than ₹250 crore in FY 2024. The company stated that …
On April 24, 2024, ASK Automotive Limited informed the stock exchanges that the company had signed a strategic joint venture with a Japanese OE Auto Components Supplier, AISIN Group Companies. Details of the Partnership ASK Automotive Limited, the largest manufacturer of brake shoes and advanced brake systems for two-wheelers in India, announced a landmark joint …
