Articles for category: Business

Rajiv Sharma

Company offering 1 share free for every 3 shares, record date fixed, money doubled in 6 months.

Company offering 1 share free for every 3 shares, record date fixed, money doubled in 6 months.

Investing in stocks can provide various opportunities for capital growth and income generation. One notable event that often excites investors is the issuance of bonus shares. Groovy India has recently announced a bonus share distribution, which not only enhances the attractiveness of its stock but also reflects the company’s confidence in its future performance. Overview ...

Rajiv Sharma

Stock under ₹1 surges as company announces fundraising

Stock under ₹1 surges as company announces fundraising

In recent market trends, the stock of Finvest, priced under one rupee, has witnessed a significant surge. This spike in price is attributed to the company’s announcement regarding a Qualified Institutional Placement (QIP) aimed at raising funds. Investors are keenly observing these developments, which could reshape the financial landscape for the company. Understanding Finvest and ...

Rajiv Sharma

Wealthy but avoiding the list of rich: The story of Ratan Tata

Wealthy but avoiding the list of rich: The story of Ratan Tata

Ratan Tata, the former chairman of Tata Sons and one of the most influential industrialists globally, has made significant contributions to India’s economic landscape. Despite his immense impact on the business world and his philanthropic efforts, he has never been officially listed as a billionaire. This article delves into Ratan Tata’s net worth, his business ...

Rajiv Sharma

Byju's crisis: Ravindran addresses fund manipulation allegations

Byju’s crisis: Ravindran addresses fund manipulation allegations

In recent news, Byju’s founder and CEO, Byju Raveendran, has firmly denied allegations regarding a planned transfer of $533 million intended for lenders, purportedly linked to fraudulent activities. These claims have sparked significant discussions about financial integrity, corporate governance, and the overall health of the edtech giant amidst a challenging economic climate. Background on Byju’s ...

Rajiv Sharma

Ratan Tata hospitalized due to health issues in Mumbai

Ratan Tata hospitalized due to health issues in Mumbai

Ratan Tata, the revered industrialist and former chairman of Tata Sons, is reportedly hospitalized in serious condition at a hospital in Mumbai. As one of India’s most prominent figures in business, his health has become a matter of concern for many. However, there has been no official statement from the Tata Group regarding the health ...

Rajiv Sharma

Tata's stock dips below ₹80, once peaked at ₹290; is it your bet too?

Tata’s stock dips below ₹80, once peaked at ₹290; is it your bet too?

Tata Group’s stock, particularly in the telecom sector, has captured the attention of investors in recent times. The company’s shares have been exhibiting a consistent upward trend, signaling increasing investor confidence. On Wednesday, the shares experienced a rise of over 2%, following an impressive surge of up to 8% the previous Tuesday. This trend indicates ...

Rajiv Sharma

Investors rush to buy ₹67 shares as price rises 8% following announcement

Investors rush to buy ₹67 shares as price rises 8% following announcement

On Wednesday, SpiceJet saw a significant surge in its stock prices, marking a noteworthy event for investors and market analysts alike. The airline’s share price increased by over 8.2%, reaching an intraday high of ₹67.98. This upswing in value may raise questions about the factors contributing to such a robust performance. Factors Contributing to SpiceJet’s ...