Abu Dhabi Investment Authority (ADIA), the UAE’s largest sovereign wealth fund, will to invest Rs 6,300 crore in structured debt instruments of GMR Infra Enterprises. GMR Group will use the funds to refinance external debt of GMR Enterprises (GEPL), the promoter of GMR Airports (earlier called GMR Airports Infrastructure). GEPL’s total debt has increased nearly
In a bid to create a level-playing field for retail traders, Upstox has launched tick-by-tick (TBT) engine to provide real-time insights on order flow, market depth and trade price checker. “We want to play a role in making retail more profitable. That’s the basic drive towards what we’re doing. The big reason why retail traders
Action-packed day for Indian markets tomorrow with Adani Wilmar, ACC, ITC, and Godrej Consumer Products set to release their quarterly results. Also, the HUL stock is likely to be in focus on the back of its quarterly earnings plus the decision to separate the ice cream business. Both the IPOs, Deepak Builders & Engineers and
Triumph had teased an 800cc bike last week on its social media handles. The iconic British motorcycle brand has now unveiled this to be the Tiger Sport 800. The Tiger range was the first to upgrade to the new 800cc platform with the Tiger 800 XC and Tiger 800 XR which made their debuts a
Piramal Pharma Ltd on Wednesday released its fiscal second quarter earnings with profit at Rs 22.59 crore, posting a jump of 350.0 per cent in comparison to Rs 5.02 crore recorded during the corresponding quarter of FY24. It recorded Q2 revenue from operations at Rs 2241.75 crore, up 17.3 per cent as against Rs 1911.38
India has a sizable vegetarian population and has a huge history of vegetarian diets. The Indian population has sustainable eating habits which offers a small sign of hope to address the heightened ecological concerns, as per a report by GlobalData. Sustainable eating habits includes practices such as minimizing food waste, prioritizing plant-based diets, and consuming
By contributing to the mobility and transportation needs of the Eastern Command, Indian Army, Renault has announced to provide two of its models, Triber and Kiger, to support the nation’s defence forces. Venkatram M., MD & Country CEO of Renault India, handed over the cars to Lt. Gen. R.C. Tiwari, UYSM, AVSM, SM, GOC-IN-C, Eastern
Celebrating India’s rich automotive history, the HMCI Classic Drive event, organised by Noormahal Palace in partnership with the Heritage Motoring Club of India, flagged off from Nexus Select Citywalk and finished in Karnal. The event was aimed to revive and promote cultural and national values by celebrating iconic vehicles and their stories. Vintage two wheelers
Adani Ports And Special Economic Zone Ltd (APSEZ) on Wednesday released its business update for the month of March wherein it announced that the company has handled 41.5 MMT cargo volume during the period. This, it added, was up 9 per cent on a year-on-year basis and is also the highest ever cargo volume posted
The brokerage firm HSBC Global Research has identified three leading credit car providers, HDFC Bank, SBI Cards, and ICICI Bank as the frontrunners and its top picks from this segment. According to the brokerage, with a strong grip on market share and steady growth in card spending, these financial giants continue to dominate, while smaller
Swiggy’s share price opened Wednesday’s trade 1% lower at Rs 328.80 but soon surged to trade in the green. It was up 1.3% at Rs 336.45. On April 01, The company received a tax order of Rs 158 crore after the stock markets closed. The order from the Income Tax Department, Central Circle, Bangalore alleged
Indian equity indices opened Wednesday’s trading session on a higher note, taking note from Asian and US markets. The NSE Nifty 50 opened 45 points, or 0.19%, higher at 23,210, while the BSE Sensex rose 177 points, or 0.23%, to open at 76,201. Bank Nifty opened 230 points or 0.45% higher at 51,037.85. The Nifty
Who doesn’t love some extra cash boost? If you are an investor looking for dividend opportunities, three companies – ADC India Communications, MSTC, and RailTel Corporation have set today, April 2, as the record date for their interim payouts. With a combined total of Rs 30.5 per share up for grabs, here is a detailed
