Articles for category: Business

Rajiv Sharma

Company offering 1 free share for every 3 purchased, trading halted for years, priced at ₹3, record date approaching.

Company offering 1 free share for every 3 purchased, trading halted for years, priced at ₹3, record date approaching.

Bonus shares serve as an efficient way for companies to reward their shareholders without affecting their cash reserves. Shikhar Leasing & Trading Ltd, a notable player in the financial sector, is set to capture attention in the upcoming week with its announcement of bonus shares. The company has established the record date for eligible shareholders ...

Rajiv Sharma

Fire at Tata's plant: Forensic investigation to reveal details

Fire at Tata’s plant: Forensic investigation to reveal details

On the evening of October 2023, a fire broke out at Tata Electronics’ new iPhone assembly plant located in Hosur, India. This incident has raised concerns about safety protocols and operational risks involved in large-scale manufacturing facilities, particularly those tied to influential tech products like the iPhone. Understanding the circumstances surrounding this incident is crucial ...

Rajiv Sharma

Share to be split into 10 parts, record date announced, priced at ₹66

Share to be split into 10 parts, record date announced, priced at ₹66

Stock splits are pivotal corporate actions that often attract the attention of investors. They not only make shares more affordable to a larger number of shareholders but also can signal management’s confidence in the company’s future. Recently, micro-cap textile company New Light Apparels Ltd made headlines by announcing its first stock split at a ratio ...

Rajiv Sharma

Stock drops from ₹495 to ₹2 as bankrupt company finds a buyer

Stock drops from ₹495 to ₹2 as bankrupt company finds a buyer

In the dynamic world of stock markets, price fluctuations are common, and some companies experience significant changes over time. A company that has faced a drastic decline in its stock price is currently trading at ₹2.11. This marks a staggering fall from approximately ₹495 five years ago, representing a decline of over 99%. In this ...

Rajiv Sharma

Company offering 1 bonus share for every share, record date before October 10

Company offering 1 bonus share for every share, record date before October 10

Power Mech Projects, a prominent player in the Indian infrastructure sector, has recently announced an exciting development for its shareholders: a bonus share issuance. This strategic move is poised to enhance shareholder value and reflect the company’s strong financial health. The decision underscores the company’s commitment to rewarding its investors, especially in a time when ...

Rajiv Sharma

Go home, spend time with family: Swiggy CEO's firm stance on hustle culture

Go home, spend time with family: Swiggy CEO’s firm stance on hustle culture

In recent times, the phenomenon known as hustle culture has gained considerable traction within the corporate world. This culture encourages employees to immerse themselves in work, often in pursuit of success and heightened productivity. While dedication and hard work are essential, the implications of hustle culture can be complex, affecting not only individual well-being but ...

Rajiv Sharma

Government company secures major deal for 2 projects, shares at ₹95.

Government company secures major deal for 2 projects, shares at ₹95.

On Monday, investors will be closely watching the shares of NHPC Limited, a prominent player in India’s hydropower sector. The stock is currently trading at ₹95.27, following a notable increase of 2% from the previous day’s closing. This fluctuation raises questions about the factors influencing the stock’s performance and the overall outlook for NHPC in ...

Rajiv Sharma

Why the Hatred Towards the Rich in India? Insights from Zerodha's Owner

Why the Hatred Towards the Rich in India? Insights from Zerodha’s Owner

In recent discussions, the challenges of socioeconomic disparity have been prominent. The issue of inequality between the wealthy and the impoverished is a pressing concern that many societies face today. This disparity not only affects economic growth but also social cohesion. Here, we delve into the implications of these inequalities and explore potential pathways toward ...