Articles for category: Business

Rajiv Sharma

From Adani to Vedanta and Dalmia: Major Company Takes Steps to Acquire

From Adani to Vedanta and Dalmia: Major Company Takes Steps to Acquire

The Indian business landscape is continuously evolving, with notable developments among prominent players in various sectors. Recently, Gautam Adani’s conglomerate, Vedanta led by mining magnate Anil Agarwal, and Dalmia Bharat Cement have submitted their resolution plans through the bankruptcy process. Meanwhile, Yoga guru Ramdev’s Patanjali has chosen to distance itself from these proceedings, suggesting a ...

Rajiv Sharma

Important update for millions of farmers: When will PM Kisan's 20th installment arrive? Check details.

Important update for millions of farmers: When will PM Kisan’s 20th installment arrive? Check details.

The PM Kisan scheme plays a crucial role in providing financial assistance to farmers across India. Under this initiative, eligible farmers receive a total of ₹6,000 annually, distributed in three equal installments of ₹2,000 each. This program aims to alleviate the financial burden on farmers, ensuring they have the necessary funds for essential agricultural activities. ...

Rajiv Sharma

Power share bought for ₹14, explanation required due to continuous rise.

Power share bought for ₹14, explanation required due to continuous rise.

The financial performance of the company in the March quarter has showcased significant developments. While the company’s integrated net profit has seen a dramatic decline compared to the previous year, there are notable changes in revenue generation and promoter shareholding. Financial Overview Net Profit Decline In the March quarter, the company’s integrated net profit declined ...

Rajiv Sharma

SEBI's Plan for Changing Mutual Fund Regulations for Investors

SEBI’s Plan for Changing Mutual Fund Regulations for Investors

In recent developments within India’s financial sector, the Securities and Exchange Board of India (SEBI) is actively pursuing a comprehensive review of the mutual fund regulatory framework. This initiative aims to streamline operations and foster a more efficient environment for various stakeholders, including regulators, asset management companies, and investors. Executive Director Manoj Kumar emphasized the ...

Rajiv Sharma

LG Electronics IPO launch imminent, know the date.

LG Electronics IPO launch imminent, know the date.

LG Electronics, a prominent player in the electronics industry, had initiated the IPO process earlier this year. However, in April, the company decided to temporarily halt its IPO plans due to a turbulent market environment. This article delves into the reasons behind this decision, the implications for the company, and what it means for investors ...

Rajiv Sharma

From D-list to IPO: SEBI's Major Decisions and Their Impact

From D-list to IPO: SEBI’s Major Decisions and Their Impact

Recently, a significant meeting was held by the Board of Directors of the Securities and Exchange Board of India (SEBI), where several crucial proposals were approved. These decisions have far-reaching implications, ranging from the de-listing of Public Sector Undertakings (PSUs) to the regulations concerning the Initial Public Offerings (IPOs) of startups. Let’s delve into the ...

Rajiv Sharma

Company to buy back shares at ₹875, stock in focus tomorrow!

Company to buy back shares at ₹875, stock in focus tomorrow!

Tanla Platforms Limited has been in the spotlight recently due to significant corporate developments. On June 16, the company announced that its board members approved a share buyback proposal valued at up to ₹175 crores. This strategic decision highlights the company’s commitment to returning value to its shareholders and optimizing its capital structure. Understanding Share ...