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Tata Motors at day’s low ahead of shareholders meeting on demerger: Key details to watch out for

Tata Motors share price slipped nearly 2% to hit an intra-day low of Rs 645.50 as investor attention turned to the company’s crucial virtual shareholders’ meeting scheduled for later today. The meeting holds significance as stakeholders are set to vote on the much-anticipated demerger proposal, which aims to split the conglomerate’s operations into two standalone

SBI announces mega dividend, Rs 15.90 payout after 12 years; to also raise Rs 25,000 crore

The State Bank of India (SBI) just dropped a double surprise for its investors, a dividend and a fundraise plan that has the market buzzing. On Saturday, May 3, the PSU heavyweight announced a record-breaking Rs 15.90 dividend per share, a staggering 1,590% on its Rs 1 face value stock, its biggest payout in over

Seven of top 10 firms see Rs 2.31 lakh crore jump in valuation last week; Reliance Industries biggest winner

The combined market valuation of seven of the top-10 valued firms surged by Rs 2.31 lakh crore (Rs 2,31,177.3 crore) in a holiday-shortened last week, with Reliance Industries emerging as the biggest gainer amid a largely optimistic trend in equities. While Reliance Industries, HDFC Bank, Bharti Airtel, ICICI Bank, State Bank of India, Infosys and

Tom DeMark predicts bear market as US stock rally nears exhaustion

US Stock markets may soon witness a sharp downturn, according to veteran technical analyst Tom DeMark, as per a report by Bloomberg. He cautions that the recent rally in the S&P 500 Index could be for a short duration and may give way to a bear market in the coming months. Warning signs indicating for

From Ranbir Kapoor, Aamir Khan, Karan Johar to Rohit Sharma, Jasprit Bumrah, This Rs 1,750 crore IPO is backed by top bollywood stars and...

When solar and transmission line gearmaker Karamtara Engineering gears up for its IPO, it is not just the market watchers who are paying attention. In fact, bollywood and cricket stars are also in action too. Big names like Ranbir Kapoor, Aamir Khan, Karan Johar, Rohit Sharma, and Jasprit Bumrah have backed the company with multi

When is Vedanta demerger likely? Check possible dates, 5 key factors every investor needs to know

For over a year now, Vedanta’s much talked about demerger plan has kept Dalal Street buzzing. The question now is when is the demerger likely? Billionaire Anil Agarwal’s mining to metals giant has indicated that the long anticipated split of Vedanta into five separate entities is firmly on track and is potentially expected by September

Rupee breaches 85/$ mark, hits 2025 highs

Rupee has hit a high of 84.78 per dollar. This is the highest level since the beginning of 2025, driven by renewed geopolitical tensions and increased demand for the US dollar, which together exerted pressure on the local unit. Forex traders said geopolitical tensions between India and Pakistan have sparked risk-off sentiment in the market

Decoding UltraTech Cement puzzle: Strong profit, weak stock; Analysts bet on price hike, expansion

UltraTech Cement has delivered a strong financial performance in the March quarter, but its stock could not hold ground. On Tuesday, share price of UltraTech Cement fell nearly 2, even as the company reported a 10% year-on-year jump in net profit to Rs 2,482 crore and a 13% rise in revenue to Rs 23,063 crore.
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Wealth management in times of layoffs – 7 money tips to keep you money stress free

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Tata Power net profits rises 9% to Rs 1,060 crore

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