Airtel Joins Jio in Raising Mobile Tariffs Bharti Airtel announced a significant increase in mobile tariffs by up to 20% effective July 3. This announcement came just a day after Reliance Jio, the market leader, implemented a similar hike. The new pricing details reveal that unlimited calling plans will now cost 11-20% more across both…
At the CNBC-TV18 Global Leadership Summit, Raamdeo Agrawal, Chairman and Co-founder of Motilal Oswal Financial Services, expressed confidence in the resilience of India’s markets and future potential for the Nifty index. Despite the current slowdown in earnings growth, Agrawal emphasized that this downturn is only temporary, and he expects a revival within the next six…
Introduction: In the dynamic and ever-changing world of the stock market, analyzing market trends is crucial for investors and traders seeking to make informed decisions. Various methods of stock market analysis exist, each with its own purpose and approach. One particular type of analysis focuses on identifying overall trends in the market, providing valuable insights…
In a significant development, the renowned investment firm BlackRock Inc. has elevated its equity stake in Suzlon Energy Limited, a leading player in renewable energy solutions, surpassing the crucial five percent threshold. This strategic move was marked by the acquisition of approximately 24.73 million shares. BlackRock Inc.’s Growing Influence BlackRock Inc., acting on behalf of…
In the latest business move, Hulst BV, under the control of Baring Private Equity Asia, has unveiled plans to divest its complete 26.63% ownership in Coforge, the mid-sized IT firm. This strategic step is anticipated to be executed through a significant block deal, with industry insiders disclosing key details. Key Details of the Stake Sale…
The relationship between bond yields and equity returns is a crucial aspect for investors to grasp in navigating the stock market. Let’s delve into this connection and its implications for investment strategies. Exploring the Intersection of Bonds and Stocks In the realm of the Indian stock market, investors encounter two primary types of investments: debt…
In a recent development, a US judge has authorized Binance, the world’s leading cryptocurrency exchange, to settle a staggering sum of over $4.3 billion in penalties for violating federal anti-money laundering and sanctions regulations. These penalties are a result of shortcomings in the exchange’s internal monitoring systems. Investigation Reveals Negligence US District Judge Richard Jones…
BENGALURU, May 24 Indian shares reversed early gains on Friday after hitting record highs for the second consecutive session. IT stocks fell due to concerns that strong U.S. economic data indicates the Federal Reserve might delay rate cuts. As of 10:20 a.m. IST, the blue-chip NSE Nifty 50 (.NSEI) was down 0.16% at 22,930.80 points,…
In the ever-changing landscape of finance, where strategies change and markets fluctuate, few metrics stand the test of time. Return on capital employed (ROCE) is a metric that earns praise from seasoned investors like Terry Smith and Charlie Munger. But the question remains: Does ROCE really matter in the complex tapestry of investment decisions? Decoding…
Reliance Industries and Nvidia are joining forces to build AI infrastructure in India, announced Nvidia CEO Jensen Huang on October 24. During a conversation with RIL chairman Mukesh Ambani, Huang expressed his enthusiasm for the collaboration, calling it a remarkable opportunity for India, given its large population and vast pool of computer engineers. “This is…
