Adani Ports and Special Economic Zone shares jumped 3% to Rs 678.40 today after the company’s board said it would consider its first and partial buyback of certain debt securities at a board meeting on April 22. Adani Ports will consider the buyback of the securities, which will either be denominated in Indian rupees or […]
Shares of Adani Enterprises jumped 14.7% on Wednesday to Rs 1,564.55 apiece, with group stocks adding Rs 44,145 crore to market capitalisation. This takes the total addition in group mcap to Rs 74,188 crore, with Adani Enterprises jumping over 31% in two sessions. The company has added Rs 42,220 crore to its mcap over the […]
The increased regulatory scrutiny on foreign investment in alternative investment funds (AIFs) could impact flows from Cayman Islands and the UAE, which are currently on the grey list put out by the Financial Action Task Force (FATF), a global watchdog that combats money laundering and terrorist financing. Currently, Indian AIFs get an estimated 10-15% from […]
In 2023, India etched its name in space exploration history with the Chandrayaan-3 mission’s successful soft landing on the Moon, marking a significant achievement as the fourth nation to accomplish this feat. The Indian Space Research Organisation’s (ISRO) remarkable achievement in this mission stands as a monumental feat in space exploration. However, this triumph wasn’t […]
Iceland, nestled within the North Atlantic and Arctic oceans, is a captivating haven that draws millions of tourists annually. Its allure lies in a natural mosaic encompassing glaciers, volcanoes, fjords, and geothermal springs, painting an unparalleled landscape. Yet, amidst this breathtaking panorama, Iceland houses a substantial number of active volcanoes, roughly 32 out of a […]
By Siddhant Mishra Indian equities began the New Year on a winning note as strong buying interest in financials and metal stocks gave a fillip to the indices. The Sensex gained 327.05 points, or 0.54%, to close at 61,167.79, while the Nifty50 rose 92.15 points, or 0.51%, to 18,197.45. Also read: Markets Wrap – Mon […]
Union Home Minister Amit Shah and BJP president J P Nadda on Tuesday offered puja at Kalighat temple in the city, during their whirlwind day-long visit to the state, to assess the party’s preparedness for the upcoming Lok Sabha elections. Commencing their tour, they visited Gurudwara Bara Sikh Sangat in Central Kolkata and the Kalighat […]
By Rajni Daswani As marketers, we enter every meeting with only one thought – let’s make this a great ad campaign. Over the years, the definition of a great ad campaign has kept evolving. For someone, it can be a campaign that someone remembers even 20 years later, for someone it can be the one […]
Tata Consultancy Services today declared a final dividend of Rs 24 per share, taking its total dividend payout for the financial year 2022-23 to Rs 107 per share. TCS has already paid Rs 83 per share in dividend for the last fiscal year in three installments. “The Directors have recommended a Final Dividend of Rs […]
By Siddhant Mishra The benchmark indices slipped back into red territory after a policy change by the Bank of Japan stumped investors and a Covid surge in China added to concerns. The Sensex dropped 103.90 points to end at 61,702.29, while the Nifty50 edged down 35.15 points, or 0.19%, to close at 18,385.30. The Sensex […]