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 ...