Bajaj Finance shares rallied 6.1% to an intraday high of Rs 7,088 after it reported stable Q2 earnings numbers. Also, Bajaj Finance was the top gainer in the Nifty 50. The stock is now 10% away from its 52-week high of Rs 7,884.90, which it touched on, coincidentally, October 23, 2023. On October 22, the
Godavari Biorefineries IPO opens on October 23 and will close on October 25. The company aims to raise Rs 554.75 crore through the issue. The IPO has been subscribed 0.07 times as of 11:25 am on October 23. Here are key risks associated with the issue that investors should consider before deciding to subscribe Consolidation of raw
In a setback for Bharatiya Janata Party (BJP), several BJP leaders, including three former MLAs, switched to the ruling Jharkhand Mukti Morcha (JMM) just weeks before the upcoming Jharkhand Assembly elections. On Monday, former legislators Lois Marandi, Kunal Sarangi, and Lakshman Tudu made the move to join JMM. This shift follows closely on the heels
The 125cc motorcycles are getting sportier and sharper, and the Hero Xtreme 125R is a good example. Now, Bajaj has launched the Pulsar N125, which has the looks to make the Xtreme 125R look back. That said, both motorcycles are also focused on being fuel efficient. Let’s take a closer look at how they compare
By B.M Sharma Every year, the fashion and textile industries contribute billions of dollars to the global economy. Conversely, they have an adverse environmental impact. Approximately 20% of water pollution and 10% of greenhouse gas (GHG) emissions emerge from textiles. By 2030, the fashion sector’s GHG emissions are anticipated to soar by more than 50%.
By Vikas Gaba and Ruchika Chawla Power distribution is a critical link in the electricity value chain, interfacing with the end-customers and the only revenue source for the entire value chain. As distribution utilities continue to provide reliable and affordable electricity to all, they need to address both traditional grid challenges such as grid reliability
Go to Live UpdatesQ2 Earnings 2024 Live Updates: With majors across segments and all of the IT services giants having released their Q2 results, the fiscal second quarter earnings season is now in full swing. Firms like Tata Consultancy Services (TCS), HCL Technologies, Infosys, Wipro, Tech Mahindra, Reliance Industries, Bank of Maharashtra, Nestle India, Axis
Petrol, Diesel Price Today 23 October 2024: Oil prices were slightly down on Wednesday following a report which indicated that US crude inventories have increased more than the expectation. The ongoing attacks by Israel on Gaza and Lebanon have raised concern as global markets are monetary in the situation in the Middle East. As per
The Centre’s move to continue the New Pension System (NPS) for central government employees has been supported by former Deputy Chairman of erstwhile Planning Commission Montek Singh Ahluwalia, who feels that states going back to the Old Pension Scheme (OPS) are taking a wrong decision. The Atal Bihari Vajpayee government in January 2004 introduced the
Just days after Adani Enterprises (AEL) announced its plans to exit from Adani Wilmar, the FMCG major on Saturday released its standalone performance report for the quarter ended December 31, 2024, wherein it posted a revenue growth of 33 per cent on-year. The FMCG firm recorded a healthy 6 per cent YoY growth in volumes
As we entered the new year, how is the IT services industry expected to perform in CY25? Per JM Financial, CY25-start has little in common with CY24. Last year this time, the book of business was transitioning from (eroding) discretionary book to efficiency-led work. Per the analysis report by the brokerage firm, leakages have reduced
– By Sunil Gupta As India embarks on an ambitious clean energy journey, aluminium stands at the forefront of this transformation. Aluminium is playing a pivotal role in powering new domestic innovations across energy storage, transportation, and infrastructure development. With the country targeting 50% of electricity generation from renewable sources by 2030, aluminium is an
A New York court has ruled that the criminal and civil cases against Indian billionaire Gautam Adani and others, linked to an alleged bribery scheme, are “related” and will be handled by the judge presiding over the criminal case. According to an order from the US District Court for the Eastern District of New York
