The Life Insurance Corporation of India (LIC) has recently increased its stake in Tata Steel, a significant move that highlights the dynamics of investor confidence in the steel sector. According to regulatory filings, LIC has acquired 250 million shares of Tata Steel, which has resulted in LIC holding over 7% of the company’s equity. This ...
In recent developments, the shares of Ami Organics, a company backed by veteran investor Ashish Kacholia, experienced a significant surge in value. On Friday, the stock prices reached a remarkable level, demonstrating a robust performance in the market. This article explores the implications of this price hike, the factors influencing the company’s performance, and provides ...
The Adani Group, one of India’s largest conglomerates, has made significant waves in the financial market with the announcement of a staggering 756% increase in net profit for its flagship company during the March quarter. This remarkable surge brought the net profit to ₹3,845 crore, marking a pivotal moment in the company’s financial performance and ...
Filing Income Tax Returns (ITR) is an essential process for all taxpayers in India. Typically, the ITR forms are notified around February to March, ahead of the end of the financial year. However, this year has seen a delay in the notification and facilitation of the ITR forms and documents, raising concerns among taxpayers about ...
Tata Group’s lifestyle and fashion retailer Trent Limited recently published its financial results for the March quarter, indicating a significant growth trajectory and strategic initiatives aimed at expanding its market presence. As one of India’s leading retail players, Trent is continuously evolving to meet consumer demands and enhance its operational efficiency. Financial Performance Overview Trent ...
Akshaya Tritiya is regarded as one of the most auspicious days in the Hindu calendar, symbolizing a powerful opportunity for new beginnings and prosperity. Celebrated across the Indian subcontinent, this day holds significant cultural and spiritual importance. Any good deed or investment made on this day is believed to bring enduring wealth and success, making ...
Investing in dividend stocks can be a strategic way to generate passive income while benefiting from capital appreciation. This week, 10 companies are set to trade as ex-dividend stocks, signaling an opportunity for investors to earn dividends. Among these companies are notable names such as HCL Technologies Ltd, ABB India Ltd, and KSB Ltd. In ...
Suzlon Energy, a prominent player in the renewable energy sector, has been attracting the attention of investors and market analysts alike. With a strong business growth trajectory and a robust order book, the company is poised for continued success. This article will delve into the recent performance of Suzlon Energy shares, exploring its revenue growth, ...
Punjab National Bank (PNB) has launched an exciting loan campaign for its customers, named ‘PNB Nirmaan 2025’. This initiative aims to provide a range of financial assistance options to facilitate the growth and development of its clientele. In this article, we will explore the features and benefits of this campaign, and how it aims to ...
The stock market has recently reported that the company is preparing to expand its financial services portfolio and strengthen its global presence by entering foreign markets. This strategic move highlights the company’s ambition to enhance its competitiveness and exploit new growth opportunities in the international arena. Importance of Expanding into Foreign Markets Expanding into foreign ...