Hindustan Unilever’s Boost from Ice Cream Business Hindustan Unilever Limited (HUL) has been the focal point of excitement among its shareholders, particularly driven by developments in the company’s ice cream segment. As HUL’s shares surged to a record high recently, investors are expressing optimism about the potential for significant growth in this sector. In this ...
Overview of GST Collection from Real Money Gaming in India The real money gaming industry in India has witnessed a remarkable surge in Goods and Services Tax (GST) collections, showcasing a tremendous growth trajectory. Between October 2023 and March 2024, GST collection from this sector skyrocketed by an impressive 412% to reach Rs 6,909 crore. ...
Introduction Today marks the launch of Bajaj Housing Finance’s Initial Public Offering (IPO), and investors have just two days left to consider their stake in this promising financial venture. As we delve into whether to invest in this IPO, we will explore the potential returns, the company’s fundamentals, and expert opinions to assist you in ...
Introduction Recently, India confirmed its first case of Monkeypox, also known as Mpox, arising from the West African clade 2 Mpox virus. This patient, who had recently traveled to a country experiencing an outbreak, was isolated after showing symptoms. Despite the arrival of this virus, health officials have reassured the public that this variant is ...
PNB Housing Finance Stock Performance: A Detailed Overview Overview of Recent Developments PNB Housing Finance has been making headlines with its stock price reaching an impressive Rs 1,100 during trading on September 9. This surge can be attributed to the company’s announcement of plans to raise Rs 2,500 crore through non-convertible debentures (NCDs). Following this ...
Overview of Hindustan Unilever’s Ice Cream Business Hindustan Unilever (HUL), a leading player in the Fast-Moving Consumer Goods (FMCG) sector, has recently captured the attention of its investors with positive developments regarding its ice cream business. The company’s stock surged, marking it as one of Nifty’s top gainers and reaching a new 52-week high—all due ...
Cross Limited IPO Overview Cross Limited, a prominent manufacturer specializing in trailer axles and suspension assemblies, recently initiated its Initial Public Offering (IPO) aimed at raising ₹500 crore. As of the first day of bidding, this IPO has been subscribed 0.88 times, indicating a measured interest from investors. IPO Subscription Details On opening day, the ...
Current Market Trends for Gold On September 9, the gold futures market experienced a dip, falling by Rs 126, which brought the price down to Rs 71,300 per 10 grams. This decline in gold prices is reflective of a broader trend as global prices also saw a decrease, dropping by 0.38% to $2,488.05 per ounce. ...
Introduction The Haryana assembly elections are set to take place on October 5, 2024, presenting a significant political contest. The shadow of the state’s influential political families, particularly the revered “Lals” of Haryana, Devi Lal, Bhajan Lal, and Bansi Lal, looms large over this election. With multiple descendants of these prominent leaders contesting against one ...
Rahul Gandhi’s Comments on RSS Spark Controversy In a recent interaction with the Indian community in the United States, Congress leader Rahul Gandhi made remarks about the Rashtriya Swayamsevak Sangh (RSS) that ignited strong reactions from Union Minister Giriraj Singh. During his discussion, Gandhi emphasized the ideological differences between his party, the Congress, and the ...
GACM Technologies: Promoters to Boost Stake Amidst Market Fluctuations In a recent announcement made on September 9, GACM Technologies, a prominent player in the IT services sector, revealed plans for its promoters to increase their stake in the company by a substantial 13%. This strategic move reflects the confidence that the company’s leadership has in ...
The government is taking decisive steps to manage the rising prices of pulses, ensuring that the festive season remains celebratory and affordable for all. With the festive months approaching, officials are ramping up imports of various pulses from countries like Australia, Africa, and Myanmar, with shipments expected to arrive by December. Notably, containers of tur ...
Introduction The recent chargesheet filed by the National Investigation Agency (NIA) in connection with the Rameswaram Cafe blast case has shed light on a serious act of terrorism that shook Bengaluru earlier this year. The incident not only resulted in several injuries but also highlighted the alarming trend of targeted attacks on technology hubs. This ...
New Guidelines for Complimentary Airport Lounge Access with ICICI Debit Cards If you’re an ICICI Bank debit card holder and wish to enjoy complimentary access to airport lounges during your travels, it’s essential to be aware of the updated rules that will come into effect on October 1, 2024. These changes are crucial for users ...
Understanding Fixed Deposit (FD) Rates in India Fixed Deposits (FDs) have long been a popular investment choice for individuals seeking a secure means to grow their savings. With the current landscape of interest rates, it’s essential to understand the offerings from leading banks in India, particularly if you’re considering investing in an FD. Comparing rates ...
The Indian stock market showed signs of recovery on the first trading day of the week, breaking a three-day declining streak. Key indices like the Nifty and Sensex closed higher, with increased buying seen in sectors such as FMCG and banking. However, sectors like PSE, oil & gas, and energy saw selling pressure. Notably, indices ...
Davanagere Sugar Company: A Potential Investment Opportunity If you are considering investing in the sugar sector, Davanagere Sugar Company may be a noteworthy option to explore. The company has recently announced plans to raise funds through a rights issue amounting to Rs 400 crore, although this initiative remains subject to regulatory approval. Share prices fell ...
Gold Prices Experience Fluctuations Amid Global Economic Signals On September 9, gold futures dropped by Rs 126, settling at Rs 71,300 per 10 grams. This decline mirrored a global downturn in gold prices, which decreased by 0.38 percent to $2,488.05 per ounce. The market was influenced by weak global economic indicators, which have contributed to ...
Ventive Hospitality Private Limited Set to Launch IPO Panchshil Realty and Blackstone’s joint venture, Ventive Hospitality Private Limited, is gearing up to launch its Initial Public Offering (IPO) to raise ₹2,000 crores. According to sources familiar with the matter, the company is expected to submit its IPO documents this week, potentially as early as Tuesday, ...
Tragic Case of Medical Negligence: Quack Doctor Blamed for Child’s Death in Bihar In a shocking incident from the Saran district of Bihar, a 15-year-old boy tragically lost his life due to the negligence of a quack doctor, whose unauthorized medical practices have raised alarming concerns regarding healthcare standards in the region. The boy, identified ...
