Penny stock, AVI Polymers, rallied 5% in intraday deals on Wednesday, April 15, following a positive sentiment in the Indian stock market and the launch of its agri-tech platform, KrishiBuddy.…
Author: Admin
Suzlon Energy shares surge 8%, extend 5-day rally as institutional investors raise stake in Q4
Retail investors’ favourite shares have been maintaining a steady winning run lately, with buying further accelerating in Wednesday’s session, April 14, as the stock spiked 7.6% to reach the day’s…
Sensex ends 1,264 points higher, Nifty above 24,200; IT stocks jump
Benchmark stock market indices rallied, closing higher on Wednesday, reacting to optimism in global markets after report of talks resuming between US and Iran. The S&P BSE jumped 1,263.67 points…
Is India’s gold loan boom quietly building a default risk?
The gold loan market is growing fast, but new data shows that the rise is coming with higher risks, especially as borrowers take bigger loans and rely on multiple accounts.…
PTC India changes designation of CMD Manoj Kumar Jhawar as MD & CEO
Power trading solutions provider on Wednesday announced the change in designation of Manoj Kumar Jhawar from Chairman & Managing Director to Managing Director & CEO of the company. The company,…
SEBI makes it easier for firms to cut IPO size after Iran war hits sentiment, email shows
Highlights IPO size can be changed by up to 50% without refiling, email from regulator shows Market participants have had trouble marshalling IPO resources, email says Rule change valid until…
Wipro to buy select contracts from California IT firm Alpha Net for $71 million to enhance AI, consulting services
Wipro Ltd will acquire certain contracts from an IT company in California for $71 million, bringing its total acquisition spending in the first month of the fiscal year to almost…
India’s March trade deficit narrows to $20.67 billion on year
India’s merchandise trade deficit narrowed to $20.67 billion in March as imports eased from the previous year, though elevated purchases of energy, gold and electronics continued to weigh on the…
In Charts: India slips to 6th in GDP ranking for now; to reach 4th by FY28
A downward revision in nominal gross domestic product (GDP) following the base-year revision and a sharp depreciation of the rupee have proved to be a setback for India’s position in…
NBFCs’ reliance on bank borrowings to increase in FY27 on lower interest rates
Mumbai: Non-banking finance companies’ (NBFCs) on bank borrowings is likely to rise in FY27 due to lower interest rates, a rating agency said on Wednesday. The share of bank borrowings,…