Ola Electric, India’s largest EV manufacturer, has introduced the Gig and S1 Z scooter series, aiming to democratise electric mobility with affordable pricing. The scooters are available at introductory prices starting from ₹39,999, with reservations open for just ₹499. Deliveries will begin in April 2025 for the Gig series and May 2025 for the S1 …
Introduction Debt-free companies are attractive to investors primarily because of their financial stability. Without the burden of debt obligations, these companies are less vulnerable to market fluctuations or economic downturns. They do not have to worry about servicing loans or paying high-interest rates, which can often restrict growth during challenging economic periods. 3 Debt-Free Companies …
On November 25, 2025, LT Foods Ltd., a leading global Fast-Moving Consumer Goods (FMCG) company specializing in the consumer food space, announced its official entry into Saudi Arabia. The company has inaugurated a new office in Riyadh, marking its strategic expansion into the Kingdom’s $2 billion rice and rice-based food market. Strategic Vision for Global …
The mutual fund industry in India showed impressive performance in October 2024, with 80% of equity mutual funds outperforming their respective benchmarks. This significantly improved compared to September 2024, when only 48% of funds surpassed their benchmarks. The study, which analysed 240 open-ended diversified equity funds, highlights the strength of equity funds across various categories …
The Indian stock market witnessed a significant upheaval as seven Adani Group stocks tumbled by up to 20%, leading to a massive ₹12,000 crore loss for the Life Insurance Corporation of India (LIC) in a single trading session. The sudden drop in share prices was triggered by news of civil indictment charges against the founder …
Indian solar developers are bracing for a potential increase in costs as China reduces export rebates on key photovoltaic components starting December 1. This policy change could lead to price hikes for solar modules, cells, and related materials, impacting the cost structure of new solar projects in India. Impact of China’s Rebate Reduction China has …
Tilaknagar Industries Limited, a key player in the Indian alcoholic beverage industry, witnessed a spike in share prices during intraday trading on November 19, 2024. The stock surged 3.59% to an intraday high of ₹358.10 following a bulk deal where Societe Gererale acquired a 0.94% stake in the company, purchasing 18.17 lakh shares at an …
The Indian aviation sector achieved a significant milestone on November 17, 2024, as domestic air traffic surpassed 5 lakh passengers in a single day. With 5,05,412 passengers travelling on 3,173 flight departures, this marks the first instance of such high single-day traffic in the country. This surge was driven by the festive and wedding seasons, …
Ashoka Buildcon Ltd., a prominent player in infrastructure and construction, secured orders worth ₹2,791 crore from the National Highways Authority of India (NHAI). The contracts pertain to two major projects in West Bengal under the Hybrid Annuity Model (HAM), boosting the company’s portfolio. Project 1: Development of a 4-lane Economic Corridor along NH 116A from …
GMR Airports Infrastructure Ltd. reported robust growth in October 2024, handling over 1 crore passengers, a 9.2% year-on-year (YoY) increase. Both domestic and international passenger traffic rose by 9.2% YoY. Since December 2023, monthly passenger volumes have consistently exceeded 1 crore, showcasing steady operational performance. The company also recorded 71,598 aircraft movements in October, reflecting …
