In Budget 2021, Finance Minister Nirmala Sitharaman said that LIC’s IPO will come in the financial year 2021-22. The issue date of India’s biggest IPO (Initial public offering) LIC has been released. LIC’s IPO will be open on Wednesday 4th May 2022 and will close on Monday 9th May 2022. Earlier, India’s biggest IPO was … Read more
On Friday 22 April 2022, Indonesia announced a ban on palm oil exports until further notice. Indonesia accounts for about one-third of all vegetable oil exports and Indonesia is the world’s second-largest palm oil exporter and on the other hand, India is the world’s largest palm oil importer. India is the world’s largest importer of … Read more
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
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
Netflix‘s share price fell 34.95% to $229.11 on Wednesday since the company’s earnings report was released after the market close on Tuesday, and it wiped more than $50 billion from the firm’s market value. Netflix lost 2 lakh subscribers in the recent quarter 1 financial year 22, which is less than their forecast of adding … Read more
In the last one month, Nifty IT fell by 10.03% to 32225.79 points while in the same period Nifty 50 is down from just 1.25% to 17135.44 points. Recently IT companies are releasing their quarter 4 results for the financial year 22. Quarter 4 FY22 results below expectations India’s two largest IT companies TCS and … Read more
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
Today the Indian stock market was in a downtrend, the Nifty 50 index fell from 2.07% to 17102.58 points and the Sensex fell from 2.25% to 56958.91 points till the market closed. Till today’s market closing Nifty IT was down by 4.57% to 32688.24 points, Nifty Bank was down from 2.39% to 36531.25 points and … Read more
According to a Securities and Exchange Commission 13G filing issued on Monday, April 4, 2022, Elon Musk owns 73,486,938 shares with a 9.2% passive stake in the Twitter company. A regulatory 13G filing on Monday, April 4, 2022, revealed that Elon Musk had bought a 9.2% stake on March 14, making him the largest individual … Read more
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
In this article you will know about the generation of the computer, what is the full form of the computer, who invented the computer and how many generations of computers and what happened in which generation? The word computer is derived from the Latin word “compute” which means to calculate. The computer is an electronic … Read more
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
Sri Lanka is going through a major economic crisis like 10-hour long power cuts or food shortages, besides people facing a shortage of petrol and diesel. The economy of Sri Lanka is dependent on imported goods even for basic products. According to the report, people have been facing power cuts of 10 hours and in … Read more
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
Today Adani Wilmar‘s stock price is locked in a 5% upper circuit at Rs.633.95. The stock price of the company has increased almost 97% in the last one month. According to the data of BSE (Bombay Stock Exchange), the total market capitalization of the seven listed companies of Adani Group is $ 201 billion. The … Read more
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 and HDFC Ltd announced the merger on 4 April 2022. The board of housing finance firm HDFC Ltd has approved a proposal to merge its subsidiaries and associates with HDFC Bank. HDFC Bank also announced the quarter 4 FY22 numbers and after this merger announcement, the shares of both HDFC Bank and HDFC … Read more
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
Vodafone Idea stock price was down almost 9% to Rs 14.10 in early trade today. The company’s board has approved the conversion of the entire amount of interest to be paid into equity on its spectrum auction installment and AGR dues. This conversion will dilute the stake of the promoter and existing shareholders of the … Read more
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
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
Recently Telecom Regulatory Authority of India (TRAI) released the latest subscriber numbers of telecom companies. According to TRAI’s recent data release, In the month of January 2022, Reliance Jio lost almost 93.22 lakh subscribers and Vodafone Idea lost 3.89 lakh subscribers, while Bharti Airtel added 7.14 lakh subscribers. Bharti Airtel has almost added 177 lakh … Read more
The share price of Axis Bank has increased almost by 6.19% to Rs 761.39 in the last one week. Citigroup Inc. on Wednesday, March 30, 2022, said it has entered into an agreement to sell its Indian consumer banking business to Axis Bank Ltd. Axis Bank is about to acquire Citibank’s Indian retail consumer business … Read more
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
On Monday 7 March, the price of crude oil had come down from $ 139.13 per barrel to a low of $ 97 per barrel on 17 March. A week before this, the price of crude oil was almost at a 14-year high due to the ongoing war between Russia and Ukraine. From 24 February … Read more