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In 2023, internet stocks are making a strong comeback after a subdued initial investor response to their public offerings. This resurgence is fueled by improved profitability, rising revenues, and reduced expenses. In this dynamic landscape, the spotlight is on two […]
In recent days, India’s stock market index has experienced a nearly 5% decline, mirroring the jitteriness in global markets due to the escalating Israel-Hamas conflict. The downturn in emerging market stock indices, ongoing for about 12 weeks, intensified with concerns […]
Tata Group has made history by becoming India’s first domestic iPhone manufacturer, according to an announcement made by Union Minister of State for Electronics & Technology, Rajeev Chandrasekhar, on the social networking platform X, on October 27. This significant milestone […]
Indian equities sustained their downward trajectory for the sixth consecutive session, influenced by weak global indicators and the monthly expiry of derivatives contracts. Heightened geopolitical tensions in West Asia and US Treasury yields hovering around 5 percent created a sense […]
Q2 Results: Axis Bank Ltd on Wednesday reported a net profit of ₹5,863 crore in the second quarter of FY24 registering a 10% growth from ₹5,329.8 crore in the corresponding quarter of last year. Axis Bank share price ended 0.84% […]
India’s steel industry is thriving amidst a global slowdown, signaling positive prospects for Indian steel producers. However, this success raises concerns about a tightening market, potentially driving prices higher and increasing imports. This pattern, common in the steel industry, might […]
In the upcoming holiday-shortened week, domestic equity markets are poised to be influenced byseveral key factors, according to market analysts. These factors include quarterly earnings reports,global economic trends, and the fluctuation in crude oil prices. Additionally, attention will be on […]
In the second quarter of FY24, passenger vehicle sales reached an all-time high, but sales of entry-level cars, motorcycles, and scooters faced a significant decline. Vinod Aggarwal, the President of the Society of Indian Automobile Manufacturers (SIAM) and the Managing […]
In 2012, Anil Agarwal looked at his vast commodity empire encompassing copper, iron ore, oil and gas, and aluminum and decided that something was lacking. He believed it needed a boost, and his solution was to undertake an epic merger, […]