New Delhi, July 27 (SocialNews.XYZ) Post the ITC demerger announcement, despite the immediate drop in share price several analyst firms have maintained a positive outlook on the company due to the unlocking of value, sharper…
New Delhi, July 26 (SocialNews.XYZ) Jio Financial Services Limited (JFS) and BlackRock on Wednesday announced an agreement to form Jio BlackRock, a 50:50 joint venture that combines the respective strengths and trusted brands of BlackRock…
New Delhi, July 26 (SocialNews.XYZ) Indian markets remained flat for the week and continued their consolidation with sector rotation being the only theme at current levels and under-performing regional markets, said Jaykrishna Gandhi, Head, Business…
New Delhi, July 26 (SocialNews.XYZ) Nifty closed in positive territory led by buying in select heavyweights, Siddhartha Khemka, Head – Retail Research, Motilal Oswal Financial Services Ltd, has said. The index closed with gains of…
Chennai, July 26 (SocialNews.XYZ) Non-banking finance company Bajaj Finance Ltd on Wednesday said it has logged Rs 2,959.06 crore net profit for the first quarter of FY24. In a regulatory filing, the company said for…
Bengaluru, July 26 (SocialNews.XYZ) Karnataka Chief Minister Siddaramaiah said on Wednesday that he was confident of farmers carrying out 100 per cent sowing activity in a few days in view of good rainfall. < div…
New Delhi, July 26 (SocialNews.XYZ) Tata Motors DVR is up more than 13 per cent in trade after the announcement of capital reduction by the company. Tata Motors DVR is trading at Rs 423 up…
New Delhi, July 26 (SocialNews.XYZ) Amid reports that the Brahmaputra Valley Fertilizer Corporation Limited’s (BVFCL) plant in Assam’s Namrup town will be shut down, Union Minister Mansukh Mandaviya has said the news is not true…
New Delhi, July 25 (SocialNews.XYZ) Tata Motors remains the only major listed company with “A” ordinary share capital. In 2008, TML issued “A” ordinary shares at a 10 per cent discount to ordinary with lower…
New Delhi, July 25 (SocialNews.XYZ) The internal team of Can Fin Homes has found that employees of Ambala branch of the Company have committed fraud over a period of time by transfer of funds to…
New Delhi, July 24 (SocialNews.XYZ) Reliance Industries Limited (RIL) on Monday announced entering into an agreement to invest alongside Brookfield Infrastructure and Digital Realty in their Indian SPVs set up for developing data centres in the…
New Delhi, July 24 (SocialNews.XYZ) At Rs 244 per share, Power Finance Corporation Ltd has achieved its 52-week high. Rs 101 per share is the stock’s lowest price, while the stock P/E ratio is 3.98. The…
New Delhi, July 24 (SocialNews.XYZ) JM Financial has reiterated that buy on Reliance Industries Limited with a target price of Rs 2,900 a share as it believes that net debt concerns are overdone, and also because…
New Delhi, July 24 (SocialNews.XYZ) Demerger of ITC’s hotels business is a positive move because it should allay concerns about capital allocation and use of cigarette business cashflows to develop other businesses, Morgan Stanley said in…
New Delhi, July 24 (SocialNews.XYZ) Earnings upgrade in the last one year are emanating from domestic cyclicals, internet stocks while the downgrades are driven by defensives and commodities, ICICI Securities said in a report. Bulk of…
New Delhi, July 24 (SocialNews.XYZ) The National Company Law Tribunal (NCLT), Bengaluru bench, has admitted an application for insolvency resolution against a subsidiary of Coffee Day Enterprises. “This is to inform you that the application filed…
New Delhi, July 24 (SocialNews.XYZ) The Board of Directors of ITC Limited on Monday evaluated and discussed various alternative structures for the Hotels Business towards crafting the next horizon of growth as also enhancing value…
New Delhi, July 23 (SocialNews.XYZ) The Nifty faced a downturn from its all-time high as Tech stocks plummeted due to Infosys’ disappointing revenue guidance, says Rupak De, Senior Technical analyst at LKP Securities. A crucial…
Thiruvananthapuram, July 23 (SocialNews.XYZ) A US-based IT company that set up its office in Kerala will start its operations from Monday (July 24). The company will be providing direct employment to 200 people in the…
New Delhi, July 23 (SocialNews.XYZ) Electric vehicles constitute a miniscule 0.8 per cent of the total number of vehicles registered in the country, despite government pushing for greener vehicles since 2015. According to an official data,…