Articles for category: Business

Rajiv Sharma

9 insurance companies prepare to launch IPO plans

9 insurance companies prepare to launch IPO plans

The Insurance Regulatory and Development Authority of India (IRDAI) has issued a directive to ten insurance companies, including prominent names such as Bajaj Allianz Life, Bajaj Allianz General, Tata AIA, and Tata AIG General Insurance, to submit their listing plans by the first week of February. As of now, nine companies have successfully submitted their ...

Rajiv Sharma

Company set to make major decision as profit rises by 88%

Company set to make major decision as profit rises by 88%

In the fourth quarter of December 2024, the sales figures witnessed a remarkable increase, reflecting the robust performance of the company. This surge in sales not only highlights the effective strategies implemented by the management but also signals strong market demand for the company’s products. The significant growth in net profit further underscores the financial ...

Rajiv Sharma

Shares of the liquor company plunge 20% after High Court rejects its petition

Shares of the liquor company plunge 20% after High Court rejects its petition

Tilaknagar Industries, a prominent player in the Indian liquor industry, faced a significant setback recently. The company’s shares plummeted by 20%, closing at ₹293.40. This decline was triggered by the Bombay High Court’s decision to dismiss a petition filed by Tilaknagar Industries. The company had sought legal recourse against several other firms for allegedly using ...

Rajiv Sharma

Company receives ₹3,251 crore order from abroad over the weekend; shares have surged up to 600% and will be in focus tomorrow.

Company receives ₹3,251 crore order from abroad over the weekend; shares have surged up to 600% and will be in focus tomorrow.

On Monday, V.A. Tech Wabag’s shares are expected to be in focus following the announcement of a significant new order. This news comes as the company secures a substantial contract that may have a positive impact on its financial performance and market standing. Overview of the Project V.A. Tech Wabag has recently been awarded a ...

Rajiv Sharma

Big benefits for the middle class in April, savings on expenses explained.

Big benefits for the middle class in April, savings on expenses explained.

On February 1st, Finance Minister Nirmala Sitharaman presented the Union Budget, unveiling several significant measures aimed at benefiting the middle class. These announcements are set to take effect in the new financial year, highlighting the government’s commitment to economic growth and social welfare. Key Highlights of the Budget for the Middle Class Increased Tax Benefits ...

Rajiv Sharma

Stock Market: Shares Close Lower, Sensex Falls 197 Points, Nifty Down 43 Points

Stock Market: Shares Close Lower, Sensex Falls 197 Points, Nifty Down 43 Points

The Indian share market experienced a downturn on February 7, 2023, with significant declines in major indices. Investors reacted to various economic indicators and global market trends, resulting in a cautious trading environment. This article will provide a detailed analysis of the market trends, key factors influencing the fluctuations, and potential implications for investors moving ...

Rajiv Sharma

Company to issue ₹150 dividend per share, investors rush in as price surges to ₹3000.

Company to issue ₹150 dividend per share, investors rush in as price surges to ₹3000.

In the Indian stock market, companies that offer dividends are generally viewed as attractive investment options, as they provide regular income to shareholders. One such notable player is Page Industries Limited, a special licensee for Jockey Innerwear in India. Recently, the company released its quarterly results and made an announcement regarding dividend distribution, a move ...