After a prolonged slump, funding among Indian startups showed a resurgence in 2024 as several IPO-bound startups revived investor interest, owing to strong business fundamentals, secondary share sales and pre-IPO rounds…Read More
The telecom firm has been exempted from providing bank guarantees worth Rs 24,800 crore for spectrum auctions held before 2021…Read More
In the India long-only portfolio, Siemens will be introduced with a 4% weight by removing AU SFB, and investment in HDFC Bank will be raised by one percentage point by trimming Axis Bank, said the Jefferies note. …Read More
Following the stock split, shareholders of IOL Chemicals will get five shares for each share they currently own. The stock split will also be the first ever for the company….Read More
The Sensex edged up 21.43 points, or 0.03 percent, to 78,720.50, while the Nifty slipped 6.60 points, or 0.03 percent, to 23,806.80. Market breadth was mixed, with 1,521 shares advancing, 1,882 declining, and 159 remaining unchanged.
Seasonality analysis is a powerful tool that helps traders and investors identify recurring patterns in stock, sector, and index performances….Read More
Alkyl Amines shares fell on December 30 after the residue tank in the derivatives plant at the company’s Pune plant in Maharashtra ruptured, resulting in serious burn injuries to the attending officer due to the hot content of the residue tank.
The officer succumbed to the injuries after being treated at Surya Burns Hospital in Pune. There could be a temporary disruption in operations at the affected plant. The company is taking all necessary steps to restore normal operations at the earliest. Assets at the affected plant are adequately insured, and the company is in the process of filing an insurance claim to cover the damage and losses.