Engineers India Shares Soars 4% on Winning Projects from JSPL, NALCO
On June 7, Engineers India’s share price plunged 4% in early trade as the company took an order from NALCO and JSPL. National Aluminium Company...
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Indian SaaS Industry Reaches $26 Billion in Revenues by 2026
The Indian Software-as-a-Service (SaaS) industry is projected to grow by 2.5X to reach proceeds of $26 billion by the end of 2026 despite an existing...
Bank of Maharashtra Raises Rs 1,000 Crore via QIP
State-run Bank of Maharashtra fastened its Qualified Institutional Placement (QIP) issue, which has raised up to Rs 1,000 crore. For the QIP, the board of...
Torrent Power Plunged 9% on Signing MoU with Maha Govt for Hydro Projects
On June 7, Torrent Power’s share price rose 9% in early trade as the firm signed a Memorandum of Understanding (MoU) with the Maharashtra Government...
Shares of Hindenburg’s Next Target Tingo Group Slump 50%
Hindenburg Research released a new report on Tuesday shorting Tingo Group, expanding in various business segments, and calling it an “exceptionally obvious scam”. The report...
Adani Power, Transmission Shares Rise 4% After BSE Hikes Circuit Limits
Shares of Adani Group companies, including Adani Power and Adani Transmission, rose 4% in morning trade on June 7 after the BSE raised circuit limits...
US SEC Sues Coinbase Over Securities Law Violation Allegations
Coinbase Global, the largest cryptocurrency platform in the US, was sued by the Securities and Exchange Commission (SEC) on Tuesday for allegedly violating the regulator’s...
GMR Airports Share Rises as Subsidiary Divests Warehouse Facility
Shares of GMR Airports Infrastructure rose more than 1% on June 7 after a subsidiary of GMR Airports Infrastructure divested its warehouse facility. GMR Hyderabad...
Adani Stocks, Mazagon Dock, Torrent Power, BoM, GMR Airports are in Focus
Action in specific stocks could dominate the trend on Dalal Street on Wednesday as investors await the RBI’s repo rate decision tomorrow. At 7:30 am,...
Aditya Birla Group to Launch Branded Jewellery Retail Business in India
Aditya Birla Group announced on Tuesday that its new venture, Novel Jewels Ltd, is entering the branded jewellery retail business. The company will invest Rs...