Articles for category: 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 ...

Rajiv Sharma

New investment fund launched for NPS members, opportunity for higher gains.

New investment fund launched for NPS members, opportunity for higher gains.

The National Pension System (NPS) has undergone significant changes aimed at enhancing the investment opportunities for its members. One of the latest developments is the introduction of the Balanced Life Cycle Fund (BLS). This initiative allows NPS subscribers to invest a higher proportion of their contributions in equities until the age of 45, thereby increasing ...

Rajiv Sharma

This company offers 1 free share for every 3 purchased, shares priced under ₹200.

This company offers 1 free share for every 3 purchased, shares priced under ₹200.

In the ever-evolving landscape of the stock market, certain companies capture the attention of investors for various reasons. One such company is Moksh Overseas Educon, which is making headlines due to its recent performance and impending bonus share issue. Understanding the implications of these developments can help investors make informed decisions. Overview of Moksh Overseas ...