Photo: MMA Global

HDFC Bank To Acquire 9.94% Stock In Go Digit Life Insurance

HDFC Bank, India's largest private-sector lender, announced 9.94% stake in Go Digit-Life Insurance. According to a regulatory statement to stock exchanges, HDFC and Go Digit-Life Insurance entered into an "indicative and non-binding term sheet" on August 25 for two tranches totaling between Rs 49.9 crore and Rs 69.9 crore. This agreement, however, is subject to signing of formal agreements with mutually agreed-upon terms and circumstances,… read-more

Fri, 26 Aug 2022 - 01:50 PM / by Vidhi Jhunjhunwala

Tags: HDFC, Go Digit Life Insurance, Insurance company, Stocks, stock exchange

Courtesy: ANI

Stock Market

Photo: Economic Times

BSE Smallcap, Midcap Stocks Fall 13%, Behind Benchmark Sensex

BSE smallcap and midcap stocks have trailed behind the benchmark Sensex this year, declining 13%, as analysts say these indexes rose faster than the flagship index during the "good days." With the advent of geopolitical tensions, inflation fears, and unrelenting selling by foreign funds, equity markets have experienced several obstacles this year. So far this year, BSE smallcap index has been down 12.95%, while the midcap index has fallen 9.… read-more

Sun, 10 Jul 2022 - 07:10 PM / by Vidhi Jhunjhunwala

Tags: Stock market, BSE, Sensex, Stocks, decline

Courtesy: Free Press Journal


Photo: Barron's

Tesla Proposes Three-To-One Stock Split; Investor Approval Awaited

Tesla suggested a three-to-one stock split on June 10 to make its shares more accessible after previous sell-offs of the world's most expensive automaker. Tesla's stock increased more than 1% in extended trading on June 10. On August 4, shareholders will vote on Tesla's suggested stock split. The split would provide Tesla employees "have more flexibility in managing their equity" and make its shares "more accessible to our retail shareholders… read-more

Sat, 11 Jun 2022 - 05:01 PM / by Vidhi Jhunjhunwala

Tags: Tesla, Stocks, Elon Musk, Electric Vehicles, investors

Courtesy: Zee News

PayPal and Pinterest logo

Photo: Yahoo

PayPal Holdings Inc Made $45 Billion Offer To Acquire Pinterest

PayPal Holdings Inc has made a $45 billion approach for buying digital social media company Pinterest Inc. Pinterest has been offered $70 per share, primarily in stock, by PayPal. By the time it announces quarterly profits on November 8, the online payments platform aims to have successfully negotiated and announced a contract. Sources claim, that the current discussion is secret and discreet.

Thu, 21 Oct 2021 - 03:30 PM / by Vidhi Jhunjhunwala

Tags: Paypal, pinterest, Stocks, Social Media, payment app

Courtesy: Outlook India

Indian Conglomerate Gautam Adani

Photo: Free Press Journal

Gautam Adani Is No More Asia's 2nd Richest; Losses $13 billion

Gautam Adani has tumbled in his run for the richest man in Asia after witnessing a drastic falls in his stocks. However, this week, his personal wealth worth $77 billion has come down to $63 billion. Reportedly, the 58-year-old business tycoon has lost around $13 billion in 4 days after the Mauritius based 'Adani-invested' fund accounts were freezed. Unfortunately, these funds hold 90% of Adani Group's assets.

Fri, 18 Jun 2021 - 04:29 PM / by Aditi Chavan

Tags: Gautam Adani, Adani Group, Stocks, personal wealth, Mauritius

Courtesy: The Indian Express

Upstox Logo

Photo: Upstox .com

Broking App 'Upstox' Alarms User Data Breach; Assures Safety Of Funds

Wealth management firm, Upstox has alerted users of a security breach targeting contact data and KYC details of customers stored in the third-party warehouse. However it assured that users funds and securities are safe. While the data has been put on dark web, Uptsox, with over three million users assured that an international cyber-security firm has been hired. Moreover, retail broking firm said it also initiated password resets via OTP.

Mon, 12 Apr 2021 - 12:44 PM / by Neha Sanjeev

Tags: Stocks, UPSTOX, Hackers, Data Breach

Courtesy: Indian Express

Stock Market

Photo: Money Control

Sensex Hits Historic 50,000-mark; Nifty Trades Above 14,700

Indian stock market spiraled in the opening trades of January 21 as the benchmark Sensex crossed the historic 50,000-point for the first time. Jumping 230.69 points from its last close, the Dalal Street almost doubled its value from March 2020 (25,638). Nifty also witnessed a bullish trend while trading above 14,700 points. The steeped rise has been caused by optimism linked to US President Joe Biden's economic resolutions and strong FII… read-more

Thu, 21 Jan 2021 - 10:15 AM / by Nikita Thakur

Tags: Sensex, Nifty, Indian Stock Market, Stocks, Joe BIden

Courtesy: LiveMint


Photo: India Frontline

Vedanta Resources to Acquire 49.9% Public Sharing; To Delist BSE & NSE

Vedanta, on September 29, stated that Bombay Stock Exchange and National Stock Exchange of India have issued their in-principle approval for the delisting offer. Reportedly, Vedanta Resources Limited (VRL) will buy the 49.9% public shares at Rs 87.5 per share. Earlier, the company held a postal voting among the shareholders, and decided to delist the company after the parent company VRL offered to buy the stocks.

Tue, 29 Sep 2020 - 03:28 PM / by Mahadevan K V

Tags: Vedanta, Stocks, BSE, NSE

Courtesy: The Times Of India

Luxury Cars Manufactured in India

Photo: International Brand Equity

Indian Luxury Car Market to Witness Massive Slump in 2020

The Indian luxury car market is expected to witness about a 40% decline in sales which would be the steepest record. As the COVID-19 pandemic has hit the country hard, many middle-class families are choosing entry-level car models over luxury vehicles. This has adversely impacted the automobile market. With sales dropping to 50-55% from… read-more

Wed, 09 Sep 2020 - 10:29 AM / by Shivam Chandrashekhar Kulkarni

Tags: INDIAN MARKET, Luxury cars, Sales, Stocks, 2020

Courtesy: Economic Times