Bajaj Finance has announced that Monday, June 16, 2025, will be the record date for determining shareholder eligibility for its upcoming 1:2 stock split and 4:1 bonus share issue. This news, disclosed through a stock exchange filing, led to a 5% rise in the company’s share price, which closed at ₹ 9,372 on Friday, June…
Tesla Stock Tanks as Trump Threatens to Pull Federal Contracts from Elon Musk’s Companies Tesla shares took a huge hit on Thursday after a public clash between Elon Musk and former President Donald Trump escalated. Trump hinted that Musk’s companies could lose their federal contracts, and investors didn’t take it well. The stock fell as…
Procter & Gamble announced Thursday that it plans to lay off 7,000 workers over the next two years, roughly 15% of its non-manufacturing workforce. In a statement, the company said it’s trying to become more efficient and reduce costs as it faces tougher competition. “There will also be some changes aimed at making the company…
With rising tensions between India and Pakistan and the government pushing for more local defense manufacturing, Indian defense stocks have caught investors’ attention. Companies like Bharat Dynamics (BDL), BEML, Bharat Electronics (BEL), Hindustan Aeronautics (HAL), Mazagon Dock Shipbuilders, Garden Reach Shipbuilders & Engineers, and Cochin Shipyards have seen strong interest lately. Among these, BEL, BDL,…
Reliance Power shares jumped 15% on Friday, May 30, 2025, hitting a new 52-week high of ₹59.73 on the BSE. This was the second day in a row of gains, with the stock rising nearly 17% over two days. It’s already up about 30% this month and has more than doubled—rising 111%—in the past year….
Natural gas prices dropped by 3.42%, closing at ₹299.3, mainly due to weaker demand forecasts for the next couple of weeks. Part of the decline is also because of reduced supply to key LNG export terminals, which are undergoing routine maintenance. So far in May, average LNG feedgas demand has slipped to 15.1 billion cubic…
Andrew Witty has stepped down as CEO of UnitedHealth, just weeks after the company slashed its annual outlook and missed earnings expectations for the first time since the 2008 financial crisis—a big blow during his time in charge. The surprise announcement came Tuesday, with UnitedHealth confirming that Stephen J. Hemsley, who previously led the company…
Shares of drone companies like Zen Technologies and IdeaForge soared on Friday, hitting their upper circuit limits during intraday trading as tensions escalated between India and Pakistan. Zen Technologies Hits Upper Circuit Zen Technologies opened at ₹1295.15 on the BSE, a bit lower than its previous close of ₹1339.44. Despite the weak start, the stock…
Tensions along the India-Pakistan border have escalated after India’s precision missile strike, codenamed Operation Sindoor, destroyed nine terror camps in Pakistan and Pakistan-occupied Kashmir (PoK) on the night of May 6-7, 2025. The operation, carried out between 1:05 am and 1:30 am, was a retaliatory strike for the Pahalgam terror attack that claimed 26 lives….
Bharat Forge reported a stellar fourth-quarter performance for FY25, with net profit growing 24.44% year-on-year to ₹282.62 crore, while revenue declined 7.48% to ₹3,852.60 crore. Profit before tax grew 23.99% to ₹429.4 crore, and EBITDA grew 2.71% to ₹671.1 crore. Total expenses declined 9.38% to ₹3,483.04 crore compared to last year. The company’s core forgings…
