The Securities and Exchange Board of India (SEBI) has released new guidelines aimed at managing the impact of market rumours on stock prices, according to a circular dated May 21. Staggered Implementation The new regulations will be implemented in phases. They will apply to the top 100 listed entities starting June 1, 2024, and to…
In a recent telephonic conversation, Prime Minister Narendra Modi and Russian President Vladimir Putin engaged in a comprehensive discussion, addressing crucial issues such as the ongoing Ukraine conflict and Moscow’s upcoming BRICS presidency. This high-profile exchange, taking place on January 15, marks a significant step in the continuing diplomatic dialogue between India and Russia. Exploring…
Exciting news from the renewable energy sector! The Anil Ambani-led Reliance Group has announced a landmark partnership with the Bhutanese government to jointly develop 500 MW of solar and 770 MW of hydropower projects in the country. This represents the largest foreign direct investment by a private company in Bhutan’s green energy space, further solidifying…
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…
Tata Motors’ shares witnessed a sharp correction on Tuesday, opening at ₹400 apiece in a special pre-open session—about 39.5% lower (₹260.75 per share) than the previous day’s closing price. The decline isn’t a sell-off panic but a technical adjustment due to the company’s ongoing demerger process, which separates its commercial vehicle business into a new…
In his 2005 letter to shareholders, Warren Buffett delved into the concept of competitive advantage, often referred to as moats. Every day, our businesses’ competitive positions either strengthen or weaken, influenced by our actions. Delighting customers, cutting unnecessary costs, and enhancing products and services strengthen our position. Conversely, indifference to customers or tolerating inefficiencies weakens…
Ahead of Lok Sabha Election Results, Ambareesh Baliga is Bullish on This Multibagger PSU Stock As India anticipates the outcome of the ongoing Lok Sabha elections due on June 4, investors are keenly looking for investment opportunities in the stock market. With headline indices Sensex and Nifty50 making volatile moves near their all-time highs, analysts…
The Indian equity market experienced one of its most remarkable weeks of 2024, with the Nifty and Sensex indices hitting unprecedented highs of 24,592.20 and 80,893.51, respectively. They closed the week at 24,502.15 and 80,519.34, reflecting gains of 0.73% for the Nifty and 0.65% for the Sensex. This marked the sixth consecutive week of gains…
The business landscape in Kerala is undergoing a radical transformation. Moving away from its historical roots in traditional trade, the state is now birthing a new generation of high-tech, innovation-led global enterprises. Analysts are calling it a “generational shift,” as seven major homegrown brands prepare to tap the public markets with IPOs totaling roughly ₹12,000…
IntroductionWelcome to our comprehensive coverage of the SCO (Shanghai Cooperation Organization) Summit, a significant event that took place recently. In this article, we delve deep into the discussions, agreements, and outcomes of the summit, shedding light on the key role played by China, India, and President Putin. Stay tuned to discover the intricacies of this…
