Market slips amid rate hikes by central banks RBI, BoE, Fed

Stock Price: Market slips amid rate hikes by central banks RBI, BoE, Fed

Almost all major markets are down since the beginning of 2022. US Fed, Bank of England, and RBI (Reserve Bank of India) have already started rate hikes and the market is expecting that the rates will be hiked further. Due to this the Indian market is also in a downward trend as high inflation is … Read more

LIC IPO GMP, Issue Date, Financials Details, Price, Lot Size

LIC IPO

LIC IPO India’s biggest IPO (Initial public offering) so far is coming at around 21000 crores. LIC was the only insurance company in India from the year 1956 to the year 2000. LIC’s DRHP (Draft Red Herring Prospectus) was filed with SEBI (Securities and Exchange Board of India) in February 2022 but the final IPO … Read more

Jubilant FoodWorks shares fall 12% on CEO Pratik Pota’s resignation

Share price: Jubilant FoodWorks shares fall 12% on CEO Pratik Pota's resignation

The share price of Jubilant FoodWorks, which operates brands like Domino’s Pizza, Dunkin’, and Hong’s Kitchen in India, was trading lower by 12.24% at Rs.2479.80. The company’s CEO (Chief executive officer) and Director Pratik Pota decided to resign from his position. The company said Pratik Pota will continue his position till Wednesday, June 15, 2022. … Read more

Aviation stocks surge as India reopens international flights

Illustration of an Airplane: India reopens international flights

There was a rise in the share price of Indian Aviation Stocks. In early trade Interglobe Aviation stock was up by 7.29% to Rs 1709.98, Jet Airways (India) stock was up by 4.49% to Rs 92.78, and Spicejet stock was up by 4.29% to Rs 57.88. The Indian government said that from March 27, 2022, … Read more

Airtel added 15.9 lakh mobile users, Vi 15.3 lakh and Jio 36.6 lakh lose subscribers: TRAI Data

Telecom subscribers: Airtel added 15.9 lakh mobile users, Vi 15.3 lakh and Jio 36.6 lakh lose subscribers

Recently the Telecom Regulatory Authority of India (TRAI) released the latest subscriber numbers of the telecom companies. According to TRAI’s recent data release, in the month of February 2022, Reliance Jio lost approximately 36.6 lakh wireless subscribers and in the same period, Bharti Airtel gained 15.9 lakh subscribers and Vodafone Idea lost 15.3 lakh subscribers. … Read more

Abu Dhabi-based IHC to Invest $2 Billion in 3 Adani Group Companies: Adani stocks price surge

Stocks price: Abu Dhabi-based IHC to Invest $2 Billion in 3 Adani Group Companies

In Early Trade today, Adani Green Energy’s share price increased by 7.21% to Rs 2491.98, Adani Transmission’s share price increased by 4.31% to Rs 2656.88, Adani Enterprises share price was up by 0.17% to Rs 2173.22. According to reports, the Abu Dhabi-based International Holding Company (IHC) will invest about $2 billion in these three companies … Read more

NPCI approved WhatsApp payment service to expand to 100 million users

Whatsapp Application Screenshot: NPCI approved WhatsApp payment service to expand to 100 million users

Meta-owned instant messaging app WhatsApp initially had a limit of 20 million users for its payments feature but now WhatsApp has received approval from the National Payments Corporation of India (NPCI) to expand the payments feature to 100 million users. WhatsApp was allowed to launch payment services in November 2020 with a limit of 20 … Read more

RBI Monetary Policy: Repo rate unchanged at 4%, GDP growth forecast at 7.2% in FY23

RBI Monetary Policy: Document with Financial Data

The Reserve Bank of India (RBI) on Friday 8th April 2022, for the 11th consecutive time, the Monetary Policy Committee (MPC) kept the lending rate or repo rate unchanged at 4% while the reverse repo rate has also been kept unchanged at 3.35%. This is the first meeting of the Monetary Policy Committee (MPC) of … Read more

Green Hydrogen Energy: India plans to produce 5 million tonnes of green hydrogen by 2030

Energy revolution: Green Hydrogen Energy

Green Hydrogen Energy: India is the third-largest consumer of fossil fuels in the world. The Indian government is aiming to drastically boost India’s dependence on green fuel. According to reports, the Ministry of Power on Thursday, 17 February 2022 said that India plans to produce 5 million tonnes of green hydrogen per annum by 2030. … Read more

HDFC Bank Q4 FY22: HDFC Bank advances grew by 20.9% on YOY and 8.6% on QOQ in Q4 FY22

Share price: HDFC Bank Q4 FY22

HDFC Bank shares were trading up 2.55% at Rs 1,508 today. HDFC Bank recorded good numbers in quarter 4 financial year 22 (Q4 FY22). HDFC Bank’s advances grew by 20.9% on a year-on-year (YOY) basis and 8.6% on a quarter-on-quarter (QOQ) basis in the fourth quarter of FY22 (Q4 FY22). HDFC Bank’s retail deposits rose … Read more

Ruchi Soya FPO Withdrawal period sees FPI pull out 97% bids and retail 2.6% bids

Stock Price: Ruchi Soya FPO Withdrawal period sees FPI pull out 97% bids and retail 2.6% bids

Ruchi Soya‘s FPO (follow-on public offering) was closed on Monday 28 March 2022. Through this FPO, the company will raise Rs 4300 crore and the issue price of this FPO has been set at Rs 650 per share. However, many users received unsolicited SMSs promoting Ruchi Soya’s FPO (follow-on public offering). Due to this SEBI … Read more

How to Link Aadhaar with Mobile Number through IPPB | Aadhaar card link with mobile number

ID card: How to Link Aadhaar with Mobile Number through IPPB

If your mobile number and email id are not linked with your Aadhaar card or if it is linked but you want to update it, then you can do it online now. India Post Payment Bank (IPPB) has started a home service, which allows you to update your mobile number and email id in your … Read more

TCPL merged with Tata Coffee Ltd and acquired stake in UK based subsidiary: Tata Coffee, Tata Consumer shares surge

Tata Coffee, Tata Consumer shares surge: TCPL merged with Tata Coffee Ltd and acquired stake in UK based subsidiary

Today Tata Consumer Products Ltd (TCPL) Share Price was trading up almost 7% at Rs 776.09. TCPL announced plans to merge with Tata Coffee Limited and acquire a stake in its UK-based subsidiary. The share price of Tata Coffee also rose by around 13% to Rs 216.90. The company said that the plantation business of … Read more

PVR INOX Merger Combined entity to run over 1500 screens across India, PVR and INOX Leisure shares hit 52-week high

Trading: PVR INOX Merger Combined entity to run over 1500 screens across India, PVR and INOX Leisure shares hit 52-week high

Today the stock price of multiplex players PVR and Inox touched its 52 weeks high. The stock of PVR was trading up by 5.02% in early trade to Rs 2002.80 and Inox Leisure stock was trading up by 15.88% to Rs 559.15. Yesterday, both these companies announced that the board of the companies has approved … Read more

Learner License apply online – Documents & How to Apply

ID card: Learner License apply online

You can apply for a driving license after one month of getting a learner’s license. To get a driving license, first you have to get a learner’s license. You can drive on a Learner’s License, its validity is six months. Within 6 months you have to apply for a driving license. Earlier one had to … Read more

How to change date of birth in Aadhaar card | Aadhaar card correction online

ID card: Aadhaar card

The process of online date of birth change in the Aadhaar card has changed. Now if you want to change the date of birth in your Aadhaar card online, then you have to follow the new process. In this article, you will know the latest process to change the date of birth in an Aadhaar … Read more

Ruchi Soya to raise Rs 4,300 Cr via FPO, Price band set at Rs 615-650, FPO to open on March 24

Stock Price: Ruchi Soya to raise Rs 4,300 Cr via FPO, Price band set at Rs 615-650, FPO to open on March 24

The follow-on public offer (FPO) of Patanjali Group’s own Ruchi Soya industries will open on 24 March 2022 and close on 28 March. The company wants to repay its debt by raising Rs 4300 crore through this FPO. The price band of this FPO has been set from Rs 615 to Rs 650. The upper … Read more

RIL-ACRE wins bid to acquire Sintex Industries, proposes to delist from BSE, NSE exchanges

Sintex Industries stock proposed to be delisted from BSE, NSE exchanges

The share price of Gujarat base textile business company Sintex Industries is in the lower circuit today. This company was established in 1930 but due to rising competition and covid-19, the company’s sales started getting hit. There were claims of Rs 7500 crore against the company due to which Sintex Industries filed bankruptcy last year. … Read more

PB Fintech stock surge 13% after getting buy rating, SoftBank’s Munish Varma steps down from Policybazaar boards

Stock Market

Today the share price of PB Fintech Limited, the parent company of the brand like Policybazaar and Paisabazaar, increased by 13% ​​to Rs.789. A few days ago, research and brokerage firm Ambit had given a buy rating on the shares of PB Fintech, saying that the insurance penetration in India is very low and PB … Read more

HDFC Bank shares surge: RBI lifts all curbs on HDFC Bank, including digital 2.0 program

Shares Price

The share price of India’s largest private lender HDFC Bank is trading above 2.65% today. In December 2020, RBI imposed curbs on all the business-generated activities plans under the Digital 2.0 program of HDFC Bank. Apart from this, RBI had also banned HDFC Bank from issuing new credit cards. Although RBI had removed the ban … Read more

RBI launches UPI123Pay: How UPI will work on feature phones

feature phone

RBI launched a new UPI service 123 Pay. So RBI has launched to help 400 million feature phone users. Till now UPI payment was done through online payment applications and USSD based services on an offline feature phone. With the USSD base service, those users who do not have a smartphone or internet connection can … Read more

Flipkart Axis Bank Credit Card charges, benefits, apply

Flipkart Axis Bank Credit Card

Flipkart Axis Bank Credit Card: The special feature of this credit card is that it is lifetime free. For this, you do not have to pay an annual fee and Rs. 500 only joining fee is to be paid. Once you get the credit card, you will not have to pay any fees, along with … Read more

Apple shares fall amid chip shortage and Fed likely to hike rates

Apple shares

Apple Inc.: Apple’s shares was also in a downward trend last month. There are many reasons behind this decline in Apple’s shares. It is expected that the US Federal Bank will increase the interest rate to control inflation. Due to this, there will be a reduction in the disposable income of the consumers, due to … Read more

Vodafone Idea fall 6% after board approves fund-raising of Rs 4500 cr, Nomura reduce rating

Trading (Vodafone Idea)

Yesterday the board of Vodafone Idea approved a fund raise of Rs 4500 crore by issuing shares to its promoter group on a preferential basis in a meeting. This issue will be done at a price of Rs 13.30 per share. Apart from this, the board of Vodafone Idea also approved the decision to conduct … Read more