Dabur’s Ethylene Oxide Free Masala Products Remain Unaffected by Recent Bans Dabur India, a leading FMCG company, reassured consumers that its masala products, particularly under the Badshah brand, remain free from ethylene oxide, especially in the domestic market. This affirmation comes amidst concerns raised by recent bans on Indian spice blends, notably MDH and Everest,…
Tata Motors Domestic Sales Surge, VECV Sees Decline In the latest update on auto sales for April 2024, Tata Motors has reported a remarkable 12% increase in domestic sales. Meanwhile, VECV has experienced a downturn with a significant 20% decrease in sales. Insights into Car Sales, Two-Wheeler Sales, Motorcycle Sales, CV Sales, and EV Sales…
IDFC FIRST Bank’s Q4 profits witness a 10% drop, settling at Rs 724 crore for the fourth quarter concluded in March 2024, attributing this decline to a significant surge in provisions. This marks a notable decrease from the net profit of Rs 803 crore recorded in the corresponding period of the previous year. Financial Performance…
Vodafone Idea FPO: A Telecom Giant’s Bid for Financial Stability Vodafone Idea, India’s third-largest telecom operator, is on a mission for financial rejuvenation. In a bold move, the company is set to raise a staggering Rs 18,000 crore through a share sale, marking a significant milestone in India’s FPO landscape. The offering, which opened on…
Major Investment Boost for SJVN Ltd In a significant development, SJVN Limited witnessed a substantial increase in its shareholding as Foreign Institutional Investors (FIIs) bought 2,68,31,848 shares, reflecting their growing confidence in the company’s potential. This move comes as SJVN Limited, a government-owned enterprise, announces the formation of a new joint venture company in collaboration…
Assessing Wipro’s Quarterly Performance Wipro Limited, a prominent player in the IT industry, recently disclosed its financial results for the fourth quarter. Amidst an uncertain macroeconomic landscape, the company foresees potential challenges in revenue generation for the upcoming June quarter. Let’s delve into the intricacies of Wipro’s performance and the factors influencing its outlook. Revenue…
Investment Insights: Noteworthy Shareholders and Remarkable Growth Madhusudan Kela, renowned for his astute investment strategies, acquired a substantial 8,79,121 shares of Shilpa Medicare Ltd, while Sunil Singhania, another stalwart in the investment arena, secured 6,00,000 shares. Notably, Akash Bhanshali maintains a significant 1.84 per cent stake in the company. Exponential Growth: A Testament to Success…
Groww, the prominent investment platform, has experienced significant growth, outpacing its competitors in market share expansion and investor acquisition. According to recent data from the National Stock Exchange (NSE), Groww’s active investor base surged to 9.5 million in March 2024, marking a remarkable 77.5 percent increase compared to the previous year. This surge propelled Groww’s…
Tesla’s foray into the Indian market has ignited both excitement and skepticism. As a prominent player in the global automotive industry, Tesla’s entry into any market is met with anticipation and scrutiny. In this article, we delve into the intricacies of Tesla’s India venture, examining the opportunities, challenges, and potential impact on the renewable energy…
In the realm of IT, anticipation swirls around Tata Consultancy Services (TCS) as it gears up to unveil its Q4 FY24 financial results on April 12, initiating the earnings season for tech giants. Despite a backdrop of subdued growth in the IT sector during the fiscal fourth quarter due to sluggish discretionary spends in the…
